This Issue

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Here's the latest issue of SMEAL Zine, a monthly electronic magazine designed to keep alumni and friends in touch with the latest news and information from Penn State's Smeal College of Business' nationally ranked programs and world-renowned research centers.
 

Farrell Center Partnership to Study "Grass Roots" Corporate Innovation

Some of the best new business ideas reside with company employees. Well known examples are the inventions of Pampers diapers and Post-it Notes. Yet, it's surprising how few companies have established a systematic process for identifying and nurturing employee innovation. Smeal's Farrell Center for Corporate Innovation and Entrepreneurship, using software by Imaginatik, an idea management company, will help firms track and quantify the impact of employee "grass roots" innovation. Read more about this online at http://www.smeal.psu.edu/news/releases/jan03/farrell.html.

The Launch of eBizSearch: The Next Generation Internet Search Engine

Can internet search engines keep up with the explosion of content on the Web? It is estimated that there are many billions of accessible pages on the Web, and the number of new pages each year is increasing rapidly. Experts estimate that the best of today's search engines can index or read only a small fraction of the Web and cannot keep up with this growth. Now, the eBusiness Research Center at Penn State's Smeal College of Business has developed eBizSearch, the next generation of specialized internet search engines that improves search results by more directly linking to specific research topics. http://www.smeal.psu.edu/news/releases/jan03/launch.html.

Dean Chairs Commission on The Future of Management Education

Dean Judy Olian, member of the executive committee of the Association to Advance Collegiate Schools of Business International (AACSB), chaired the commission to chart the future course of management education. The Commission's report, "Management Education at Risk," identifies future challenges to the business school industry and strategies for closer alignment with the needs of the corporate community. The report is available at http://www.aacsb.edu/publications/metf/default.asp.

IBM and Smeal Renew Supply Chain Research Partnership

Leading companies like IBM recognize that universities are a valuable source of R&D, executive development, and management talent that helps grow their business. IBM, Smeal, and its Center for Supply Chain Research have announced the renewal of the company's Corporate Sponsorship Research Partnership. Smeal is only one of three business schools in the country selected by IBM as a supply chain research partner. Read more about this online at http://www.smeal.psu.edu/news/releases/jan03/ibm.html.

Smeal Graduate Challenges Honors Program Alumni with Scholarship Gift

Richard Squires '79 Accounting Honors, and his wife Pamela, have made the lead gift in support of scholarships for undergraduates at Smeal. The gift is in the form of a challenge grant. The Squires will donate up to $100,000 on the condition that Smeal and Honors graduates contribute a total of $500,000 in new scholarship funds. Read more about this online at http://www.smeal.psu.edu/news/releases/dec02/squires.html.

Thinking about Earning An Executive MBA in Philadelphia?

The Smeal Executive MBA Program in Philadelphia will host information sessions for executives considering pursuit of Smeal's internationally recognized M.B.A. degree while they continue to work. The program can be completed on alternate Fridays and Saturdays over 22 months. The first information session is at the Union League in Philadelphia on Thursday, January 30th . For more information about the program and the schedule of information sessions, visit http://www.smeal.psu.edu/execmba/index.html.

Smeal College Seeks Nominees for Alumni Society Board

At least one open seat on the Smeal College Alumni Society Board will be up for election, and the board's Nominating Committee is soliciting suggestions for nominees. The election will be held during the Alumni Society Board's closed session on Thursday, March 27, 2003, and will be announced Friday, March 28, 2003. All Smeal College alumni are eligible to run, and special consideration will be given to those who have demonstrated past service to Penn State. Nominations should be submitted by February 1, 2003. Read more about how to make nominations by visiting http://www.smeal.psu.edu/news/releases/dec02/smeal.html.

Executive Programs Launches New Program Portfolio for 2003

Corporate ethics. Trust in numbers. Flagging growth. Talent shortage. These are the challenges facing executive education at the beginning of the new millennium. To address these needs, the Penn State Executive Programs has announced fourteen new offerings and an updated program portfolio for 2003. Read more about this at http://www.smeal.psu.edu/news/releases/jan03/psep.html and visit the Executive Programs' Web site at http://www.smeal.psu.edu/psep/index.html.

Media Round-Up

Members of the Smeal College faculty are contacted regularly by the world's news media. Faculty members appeared in U.S. News & World Report, Journal of Higher Education, New York Times, Newsweek and USA TODAY. Please visit http://www.smeal.psu.edu/news/innews/index.html to see a summary of these stories.

Class Notes & Events

For information on your classmates and other Smeal alumni, visit Class Notes at www.smeal.psu.edu/alumni/classnotes.html. You can receive regular updates on events by completing the "Alumni Information Form" found online at http://java.smeal.psu.edu/jsp/alumni/info.jsp.

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Change your address, phone and other information at www.alumni.psu.edu/membership/address/default.htm.

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