This Issue

Welcome to the Smeal Zine!

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 Professors Develop Innovative Method For Jury Research

Daniel Cahoy, assistant professor of business law, and Min Ding, assistant professor of marketing, have developed a new way to conduct jury research that significantly improves the ability to predict jury behavior. The new method uses techniques from the field of experimental economics. Read more about the quest to understand juries at http://www.smeal.psu.edu/news/releases/may04/cahoy.html.

Center For Global Business Studies Predicts Future Trends With New Book

“Global Tectonics: Underlying Trends Shaping the Future of Business," a new book from Smeal’s Center for Global Business Studies addresses the underlying shifts that will revolutionize global business in the future. Based on conversations with executives in a variety of industries, the book identifies the 12 most formidable challenges, suggesting steps CEOs and senior managers around the world will need to take to prepare their companies and industries. Read more about “Global Tectonics” at http://www.smeal.psu.edu/news/releases/may04/global.html.

Dow Chemical Case Competition Tests Marketing Prowess Of Smeal Undergrads

Smeal students enrolled in the class “Business Marketing” recently developed comprehensive plans to market 100-percent-recycled plastics to the automotive industry as part of the Dow Chemical Case Competition. Read more about the event, which is an important factor in Dow’s recruiting for its Commercial Development Program, at http://www.smeal.psu.edu/news/releases/may04/dow.html.

Garbers’ $500,000 Gift Benefits Venture Capital Fund

John Garber (B.S. 1940) and his wife, Bette, have added $500,000 of further support to the Garber Venture Capital Fund. Established in 1999 as an initiative of the college’s Farrell Center for Corporate Innovation and Entrepreneurship, the Garber Fund provides the means for Smeal MBA students to invest in real-world companies. Read more about the Garbers and the fund they continue to support at http://www.smeal.psu.edu/news/releases/may04/garber.html.

First Students Set To Graduate From Smeal Executive MBA Program

Twenty-two months after entering the Philadelphia-based Smeal Executive MBA program, the first class of graduates will be honored on June 12 at University Park with a pre-commencement ceremony. Herb Cohen, longtime negotiator and author of the book “Negotiate This!” will offer the pre-commencement address. Read more about the Executive MBA program at http://www.smeal.psu.edu/execmba/index.html.

Bogle, Palumbo Define Success At Smeal Commencement Ceremonies

John Bogle, creator of the first index mutual fund and founder and former CEO of The Vanguard Group, received an honorary Ph.D. degree and offered the commencement address at Smeal’s May 15 graduation ceremony. In a speech entitled “The Right Kind of Success,” Bogle outlined the correct meaning of wealth, fame, and power as they should be today. Read more about Bogle, along with excerpts from his speech, at http://www.smeal.psu.edu/news/releases/may04/bogle.html.

Daniel Palumbo (MBA ’83), chief marketing officer and senior vice president of The Coca-Cola Company, offered the address at Smeal's MBA pre-commencement ceremony on May 9. He talked about his path to success and what he's learned along the way. Read more about Palumbo and excerpts from his speech at http://www.smeal.psu.edu/news/releases/may04/palumbo.html.

Philadelphia Stock Exchange Hosts Smeal For Ceremonial Bell Ringing

Trading on the floor of the Philadelphia Stock Exchange was brought to a close on May 13 when Smeal Dean Judy Olian rang a commemorative locomotive bell from the Pennsylvania Railroad. The bell was donated to the college by Smeal alumnus Howard A. Trauger, president of Schuylkill Capital Management. Read more about the event and the bell’s future home in the Smeal Trading Room at http://www.smeal.psu.edu/news/releases/may04/railroad.html.

Smeal Research Centers Co-Sponsor Workshop On Adaptive Organizations

The college’s eBusiness Research Center and its Center for Global Business Studies recently co-sponsored a two-day workshop in New York City entitled “Next Practices for the Adaptive Organization: Building on Today’s Best Practices.” The event featured special discussion sessions on business processes, customer services, strategy, and technology. Read more about the findings that emerged from the workshop at http://www.smeal.psu.edu/news/releases/may04/ebrccgbs.html.

Smeal Building Campaign Update

Fundraising for Smeal’s new 210,000-square-foot building continues. The college has raised $22 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 of construction 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.

Media Round-Up

Members of the Smeal College faculty are contacted regularly by the world’s news media. In May, faculty members were featured in media outlets such as United Press International, The Wall Street Journal, and the Pittsburgh Post-Gazette. 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.

August 23-27	Managing Effective Supply Chains: Essentials of Supply Chain Management http://www.smeal.psu.edu/psep/mesc1.html
September 12-17	Leading with Impact: Linking People, Strategy, and Results http://www.smeal.psu.edu/psep/lwi.html
September 19-24	Designing & Leading Competitive Supply Chains http://www.smeal.psu.edu/psep/dlsc.html
September 27-October 1	The Emerging Enterprise Technology Strategist: Leveraging IT for Organizational Success http://www.smeal.psu.edu/psep/eets.html
October 17-22, November 15-19	Executive Management Program http://www.smeal.psu.edu/psep/emp.html
October 24-29	Developing Managerial Effectiveness http://www.smeal.psu.edu/psep/dme.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.

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

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