UM B-School Buzz
Issue: #10
February 2009
UM B-SCHOOL BUZZ is your source for news and information about the University of Miami School of Business. The e-newsletter is delivered to your inbox every month to keep you up to date on all that is happening at the business school that's on the move. Send comments and suggestions to businessbuzz@miami.edu.

SCHOOL NEWS
Undergraduate Business Program Ranked Among Nation's Best
The undergraduate business program at the School of Business is ranked No. 26 in the nation for the academic quality of its program in BusinessWeek magazine's annual rankings of the nation's best undergraduate business programs. Overall, the school is ranked No. 50 in the rankings which were released Feb. 26. Read more
 
Miami Skyline South Florida Multinationals Oversee $221 Billion in Annual Revenues, Says Study From WorldCity and UM School of Business
South Florida's multinational firms oversee more than $221 billion in annual revenues, a 9 percent increase year over year, according to the just-released results of a study conducted by WorldCity and co-sponsored by the School of Business. The study, released Feb. 26, also finds that 1,146 multinationals represent 54 nations, employ 129,000 workers in the region and oversee 605,000 worldwide. Read more
School Unveils Multimedia Web Site Featuring Video, Audio, Transcripts, Session Papers and More from 2009 Global Business Forum Jack Welch
A content-rich, multimedia Web site has been developed to showcase the Global Business Forum hosted by the School of Business Jan. 15 - 16, 2009. The site includes an overview video; videos and transcripts from the keynote speakers, including Jack Welch and the CEOs of McDonald's and Coca-Cola, among others; comprehensive session papers on the 16 panel sessions held during the Forum; and a photo gallery, among other content. Visit the site! 
School of Business Research Shows One Tiny Chocolate May Cause Overindulgent Eating and Shopping
New research by the School's Juliano Laran uncovers the reasons some people overindulge in unhealthy foods, buy more than they want, and party more than is good for them - and why others seem immune to such weaknesses. Read more
 
IN THIS ISSUE
Global Business Forum
Student News
Alumni News
School Events
Alumni Events
In the News
QUICK LINKS
B-School Buzz
Office of Communications
School of Business Administration
University of Miami

Editor

Megan Tice

Director of Communications
Jeff Heebner
NEWSLETTER ARCHIVE
Retailers lure back consumers dismayed by missing a sale Findings in School Marketing Study Can Help Retailers Lure Back Consumers Dismayed By Missing a Sale
A new study by Michael Tsiros, associate professor of marketing, provides insight that can help retailers lure back customers dismayed after missing a sale.  Read more
Miami Magazine Attention Shoppers: School's Marketing Experts Show the Way to Your Hearts - and Wallets - Can be Found by Studying Your Grocery Store Habits
Research into the grocery store shopping habits of consumers, conducted by several School of Business marketing faculty, is prominently featured in the cover story of Miami magazine's Winter 2009 issue. The article focuses on revealing studies by Dean Barbara Kahn; as well as Robert Meyer, the Warren Johnson Chair, professor of marketing; Michael Tsiros, associate professor of marketing and Juliano Laran, assistant professor of marketing.
Read More

Cecily Cooper Faculty Member Joins Academy of Management Review's Editorial Board
Cecily Cooper, assistant professor of management, has been selected to serve on the editorial review board of Academy of Management Review (AMR), one of the world's leading management journals. Read More
Dr. ParasuramanFaculty Member Wins Two Best Paper Awards
A. Parasuraman, vice dean of faculty, holder of the James W. McLamore Chair in Marketing and professor of marketing, won two best paper awards at the 2009 AMA Winter Educators' Conference Feb. 20 - 23 in Tampa. Parasuraman's paper, "Service Innovation in the Service-Dominant Logic: In Search of a Framework," co-authored with Andrea Ordanini of Bocconi University in Italy, won the Best Paper in the Services and Retailing Track award and the Overall Best Conference Paper award.
Women Executive LeadershipSchool Joins WEL in Honoring Executive Diversity
The School of Business Administration joins Women Executive Leadership (WEL) in honoring the winners of WEL's 2008 Corporate Salute, naming 16 Florida companies that have two or more female directors on their boards. Read More
 
Visit the School of Business Administration on FacebookBecome a Fan of the School's Facebook Page!
Help the School build a robust network of students, alumni, faculty, staff and other friends on Facebook. Become a fan of the School's new Facebook Page and invite others to join. Check back often to find out about events, keep up to date on School news and view the latest videos and photos.

STUDENT NEWS
School's Best and Brightest Undergraduates Honored
The Business School recognized its "best and brightest" undergraduate students at a luncheon on February 20. The students attained the highest possible academic achievement of the semester, a 4.0 GPA. Read more

MBA Student Part of UM Team Heading to Finals in $50K Urban Design Competition
An MBA student from the School of Business is part of a UM student team selected as a finalist in the Urban Land Institute/Gerald D. Hines Student Urban Design Competition. Warren Bane and his teammates will compete in the competition's final round in Denver April 2 for the title and $50,000 in prize money. Read more

SIFE students teaching about retirement Undergraduates Help Employees Plan for Secure Retirement
Students in Free Enterprise (SIFE), an undergraduate student organization, is working with a group of campus employees to help secure their financial future. Led by Brad Cohn, a marketing major, the group recently organized a workshop to teach local university service workers about the benefits of a retirement plan. Read more

Adventure 101Study Abroad students on elephant
International contacts, language skills and cross-cultural perspectives are just some of the benefits that students gain from a study-abroad program.
 
Every year, more than 150 students from the School of Business take advantage of this once-in-a-lifetime opportunity. "A study abroad experience is a very exciting way to discover new approaches to the study of business while enhancing your professional and personal skills as well," says Jeanne Batridge, director of advising in Undergraduate Business Programs.
Read More
ALUMNI NEWS
University of Miami School's Alumni and Faculty Win Four 2009 UM Alumni Association Awards
The University of Miami Alumni Association (UMAA) has named three School of Business alumni and one faculty member as the recipients of its 2009 UMAA Alumni Awards. The awards program seeks out alumni who have been successful in their field or have made a significant impact through community service, as well as individuals who have been actively involved with the University or Alumni Association. See Who Won
 Deloitte COO Joins Accounting Students in Class Echevarria and Kahnas Executive in Residence
A self-described "latchkey kid from the Bronx" who rose to become the U.S. managing partner and chief operating officer of global accounting giant Deloitte LLP, returned to his academic roots on February 17 and sat in on one of the School's undergraduate accounting classes. He offered advice about life and work - and why "passion" is the key to success in both areas. Read more
Marvin Shanken A Vintage Lecture
"Go into business in a subject you love. Time flies when you're having fun at work, and it makes for a happy life." That's what Marvin Shanken (BBA '65), the 2009 UM Alumni Association Alumnus in Residence, told Dean Barbara E. Kahn's Strategic Brand Management class on February 18. Shanken is the founder and chairman of M. Shanken Communications Inc., publisher of Wine Spectator and Cigar Aficionado magazines, among others. He became successful, he said, by following his dreams and making them his reality, even when others thought he was making mistakes. Read more


SCHOOL EVENTS
Mentor Program Roundtable
Meet our Mentors in the Entrepreneurship and Management Professions
Open to all Business Students
Tuesday, March 24, 2009
6:00 - 7:00 p.m.

Mentors participating in Entrepreneurship Roundtable:
Gil Levine, BBA '52
President
Levine Brothers and Associates, Inc.
 
Robert Rubin, JD '84
CEO
Topp Group, Inc.
 
Marvin P. Stein, BBA '70
President
Marvin P. Stein, CPA, P.A.

Executive Education Center, 3rd Floor Dining Room
RSVP: Office of Alumni Relations, Telephone: 305-284-4052, E-mail: cbernuth@miami.edu

Master of Science in Professional Management
Information Session (Program Offered in Spanish)

Representantes de la Universidad de Miami estarán presentes. No hay ningún costo para asistir a esta charla. La oferta de servicios profesionales no será permitida en esta sesión.
RSVP: 305-284-2510 | RSVP FORM  |  MBA@MIAMI.EDU

Executive MBA Program in Palm Beach County - New Program Begins April 2009
Information Session

Wednesday, March 4, 2009
6:00 p.m.

Marriott - West Palm Beach
1001 Okeechobee Boulevard
West Palm Beach, Florida 33401

Attend an upcoming Information Session 

For more School of Business events, click here.


ALUMNI EVENTS
Alumni Reception & Programs in Atlanta and Chicago

National Alumni Tour with Director of Athletics Kirby Hocutt
University of Miami Alumni Association (UMAA) cordially invites you to a reception and program featuring Kirby Hocutt. Special Guest, Barbara E. Kahn, Dean, School of Business Administration, will be introducing Kirby Hocutt.

Wednesday, March 11, 2009
6:30 to 8:30 p.m. 
City Club of Buckhead
3343 Peachtree Road
Suite 1850
Atlanta, Georgia
 
Tuesday, March 17, 2009
6:30 to 8:30 p.m.
The Metropolitan Club
233 South Wacker Drive
66th Floor
Chicago, Illinois
 
To RSVP or for more information please contact the Office of Alumni Relations at 1-866-UMALUMS (862-5867) or 305-284-2872 or via e-mail at alumni@miami.edu

2009 Miami Golf Classics
Friday, May 29, 2009
Miami Beach Golf Club
Inviting School of Business Alumni to Join the UM Alumni Association and Greater Miami Alumni Club for a day of golf at the beach!

For more information, including registration and pricing details please visit our Miami Golf Classic Web page, or contact the Office of Alumni Relations at 1-866-862-5867 or 305-284-2872, or by e-mail at alumni@miami.edu.


For more events click here or contact Office of Alumni Relations.

IN THE NEWS
Harvard Business Review - March, 2009 - The magazine published "Performance Incentives for Tough Times," an article co-authored by Chester Schriesheim, University Distinguished Professor of Management. The article explains that when there is limited cash for financial rewards, praise becomes an acutely valuable management tool.

The Wall Street Journal - February 23, 2009 - An article about MBA students working with small businesses highlighted programs offered at several leading business schools, including the UM School of Business Administration. Read Article

BusinessWeek - February 20, 2009 - An online article about the growing number of female business school deans included information about and quotes from Dean Barbara Kahn, who joined the UM School of Business in 2007. Read Article

WLRN Radio - February 14, 2009 - The Miami public radio station, aired a WLRN Miami Herald News feature including excerpts from the question and answer session featuring Jack Welch, which was held during the closing plenary session of the Global Business Forum. Hosted by the School of Business in January, the session included input from the former CEO of General Electric and was moderated by University President Donna E. Shalala. Listen

MSNBC.com - February 12, 2009 - An article on the Web site's "Funny Business" blog highlighted a study by Juliano Laran, assistant professor of marketing, which helps explain why some people overindulge in fattening foods such as chocolate truffles, while others seem to stave off such indulgences. Read Article

The Miami Herald - February 2, 2009 - A "My View" column in the Business Monday section featured a full page excerpt from the plenary speech by Francis Aldrich Sevilla-Sacasa, noting that the speech was made at the Global Business Forum, hosted by the School of Business in January. Read Article


More School of Business in the News
 
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