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 and its nationally ranked programs and world-renowned research centers.
 

Smeal Students Take First At University Of Toronto Trading Competition

Second-year MBA students Bradley C. Barnhorst and Matthew Shopp, along with undergraduates Sachin Aggarwal and Jay Hammarstedt, recently defeated more than 20 other teams from colleges and universities in the United States, Canada, and the United Kingdom to win the $10,000 first-place prize at the University of Toronto’s Rotman International Trading Competition. Read more about Smeal’s victorious performance at http://www.smeal.psu.edu/news/releases/feb04/trading.html.

Cataldo Named Head Of Penn State Executive Programs

Patrick A. Cataldo, Jr., whose career spans more than three decades and has included executive positions with Science Applications International Corporation (SAIC) and its subsidiary Telcordia Technologies, The Home Depot, Bellcore, Digital Equipment Corporation, and Honeywell Information Services, has been named associate dean of Penn State Executive Programs. Beginning in early March, he will oversee all facets of the organization including strategy, marketing, sales, and operations. Read more at http://www.smeal.psu.edu/news/releases/feb04/cataldo.html.

Farrell Center Director Named To National Innovation Initiative

Anthony Warren, director of Smeal’s Farrell Center for Corporate Innovation and Entrepreneurship, has been named to the 2004 National Innovation Initiative, a yearlong project co-chaired by IBM chairman and CEO Samuel J. Palmisano to develop an agenda to drive innovation in the United States. Warren will contribute his expertise to the 21st Century Working Group, which among other tasks is seeking to stimulate innovation across the services sector. Read more about the initiative, sponsored by the Council of Competitiveness, at http://www.smeal.psu.edu/news/releases/feb04/warren.html.

Momentum Management Essential To Strategic Change According To Study

Leaders can create, harness, and maintain the momentum necessary to drive large-scale changes via certain tailored actions that elicit predictable behaviors within organizations according to a new study by Smeal’s Karen J. Jansen. Read more about Jansen’s study at http://www.smeal.psu.edu/news/releases/feb04/momentum.html.

Student’s Handbag Business Becomes THON Moneymaker

Smeal College senior Arica Rudnick has translated the marketing expertise that landed her a summer internship into a burgeoning handbag business that is now benefiting Penn State’s annual IFC/Pahnellenic Dance Marathon. Calling herself the PSU Bag Lady, Rudnick markets trendy purses and cosmetic handbags to sororities, clubs, and other organizations, with 20 percent of the proceeds going to THON. Read more at http://www.smeal.psu.edu/news/releases/feb04/rudnick.html.

Conversation On Leadership Highlights April 29 NYC Alumni Event

Smeal alumni in the New York area are invited to join the Smeal Board of Visitors to celebrate the grand finale of the college’s 50th anniversary celebration on April 29. The event, to be held at the headquarters of Suisse First Boston Corporation in Manhattan, will feature “Identifying Leadership in Today's Corporate World,” a moderated discussion between John Thompson, vice chairman of executive search firm Heidrick & Struggles, and Randy Battat, president and CEO of wireless Internet company Airvana. Learn more about the event and how you can attend at http://www.smeal.psu.edu/news/releases/feb04/alumni.html.

Smeal Building Campaign Update

Fundraising for Smeal’s new 210,000-square-foot building continues. The college has raised $20.2 million of the $29 million needed to achieve the private fundraising goal and complete the building. The University has committed the remaining $39 million. You can track the progress being made by construction crews at the building site via our live web cams at http://www.smeal.psu.edu/building/webcams/index.html. For more on how you can contribute to Smeal’s home of the future, visit http://www.smeal.psu.edu/building/fund.html.

Call for Nominations: Alumni Society Board

The Smeal College Alumni Society Board is soliciting nominees to the board until March 12. All Smeal alumni are eligible to serve. To nominate yourself or someone you know, forward the name, contact information, and professional background of the nominee to alumni@smeal.psu.edu. Find out more about the elections and the Alumni Society at http://www.smeal.psu.edu/alumni/join.html.

Tune In: Next Episode Of ‘About Business’ Airs March 2

The next episode of “About Business,” a monthly call-in show hosted by Smeal dean Judy Olian, will address the business and economic issues that should engage presidential candidates during their campaigns, from taxes and the migration of jobs overseas, to the national deficit and the rising costs of health care. “About Business” is simulcast at 7 p.m. on Tuesday, March 2, on WPSU-FM, WPSX-TV and online at http://wpsu.psu.edu/abusiness/. Read more about the show at http://www.smeal.psu.edu/news/releases/feb04/business.html.

Media Round-Up

Members of the Smeal College faculty are contacted regularly by the world’s news media. In February, faculty members were featured in media outlets such as The Associated Press, Newsday, and Time magazine. Please visit http://www.smeal.psu.edu/news/innews/index.html to see a summary of these stories.

Dean Judy Olian’s twice-monthly newspaper column, which appears in the Centre Daily Times and Pittsburgh Post-Gazette, and is syndicated by Scripps Howard News Service and Knight-Ridder, can be accessed at http://www.smeal.psu.edu/news/dean/index.html.

Programs and Events

Penn State Executive Programs is currently accepting reservations for its upcoming programs. Please visit http://www.smeal.psu.edu/psep/date.html for more information or click the link below for some of the specific programs being offered in 2004.

April 4-9	Developing Managerial Effectiveness http://www.smeal.psu.edu/psep/dme.html
April 12-16	Understanding Business Through Financial Information http://www.smeal.psu.edu/psep/ubfi.html
May 9-14, June 7-11	Executive Management Program (Team Format) http://www.smeal.psu.edu/psep/emp.html

Class Notes

For information on your classmates and other Smeal alumni, visit Class Notes at http://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.

New Address?

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

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