Gifts made to the Johnson Annual Fund are unrestricted, which means Dean Soumitra Dutta can direct financial resources to activities that enhance our academic programs and increase awareness of their excellence around the world.
Johnson Annual Fund gifts strengthen the school by:
Deepening intellectual capital – five outstanding new tenure-track faculty: Johnson hired top professors who are widely recognized for their talents in teaching and research.
Supporting the Management Library to benefit alumni and students: Both students and alumni have access to Johnson's Management Library, which was recently rated second among all business libraries by the Business Research Guide: “Cornell University’s Management Library is so thorough, it’s considered to be a key contributor to success as a business student.” The award-winning library staff offers frequent workshops on how to conduct job searches, manage your online reputation, and use industry tools such as Bloomberg, Capital IQ, and Mintel. Alumni and student entrepreneurs also benefit from the expertise of library staff who assist budding entrepreneurs in accessing resources available through the library that are key to formulating their business plans.
Advancing management education and practice by sharing knowledge. For example:
- Professor Maureen O’Hara was appointed to the Commodity Futures Trading Commission’s chief advisory body to represent viewpoints of Cornell University and academia.
- Professor Hyunseob Kim’s paper, "The Asset Redeployability Channel: How Uncertainty Affects Corporate Investment,” was selected as the “best paper in corporate finance” at Finance Cavalcade, the Society for Financial Studies’ conference in Washington, D.C., in May 2014.
- Professor Sachin Gupta’s paper was one of four finalists for the Journal of Marketing Research’s top honor, the O’Dell Award. Gupta’s paper, “Simulated Maximum Likelihood Estimator for the Random Coefficient Logit Model Using Aggregate Data,” presents a new method for using aggregate sales data to model the dependence of demand on marketing mix activities.
- Professor William Schmidt was recognized for his doctoral dissertation, “Supply Chain Disruptions and the Role of Information Asymmetry.” Conferred by the Council of Supply Chain Management Professionals (CSCMP), the Doctoral Dissertation Award (DDA) goes to recent doctoral graduates who demonstrate significant originality and technical competence in any supply chain function.
- Professor Stijn M.J. van Osselaer was elected president of the Society for Consumer Psychology at the association’s annual meeting in March 2014. In this role, he will oversee the society’s conferences, awards, committees, and academic journal, the Journal of Consumer Psychology.
- Professor Ya-Ru Chen won a prestigious 2014 National Talent Award in management from the Ministry of Human Resources and Social Security of the People’s Republic of China. Chen will conduct large-scale research projects, develop young Chinese scholars, and enhance Johnson’s reputation and connections with partner schools in China. As Academic Director of China Initiatives, Professor Chen has played a lead role in Johnson’s partnership with Tsinghua University and in establishing the Cornell-Tsinghua MBA/FMBA dual degree program.
Covering research costs so our faculty members can continue to reap accolades that place Johnson as a top-ranked school in intellectual capital. Faculty research costs include travel expenses that enable them to interact with practitioners and collect data, cover database licensing fees, survey tabulation expenses, and provide financial support for PhD students.
Supporting alumni and executive MBA students in their careers: Executive MBA students and alumni need different kinds of career services than graduating students, and the school is responding to these needs. In June 2014, for the first time, we added one-on-one career counseling for alumni to our Reunion programming. Professional career counseling sessions, offered to alumni by Laurie Sedgwick, senior associate director, Career Management Center, and Lynne Allen, associate director, Alumni Career Services, were highly rated in a post-reunion survey; we will offer these services again at Reunion 2015 (June 4-7).
Helping alumni reconnect. For example:
- Five new alumni clubs were added last year, in Philadelphia, Mexico City, South Florida, Middle East/Dubai, and Wisconsin. Johnson now has more than 40 domestic and international clubs.
- Johnson’s Facebook community grew 21 percent this past year, and Johnson’s Twitter following increased by more than 64 percent. Johnson LinkedIn communities (created in October 2013) have engaged more than 15,000 followers.
Supporting the Women in Investing (WIN) initiative: The Parker Center’s WIN conference provides a forum for MBA women from Johnson and other top business schools to learn from distinguished investment industry practitioners and benefit from different perspectives on investment careers, as well as showcase their stock-picking skills.
Supporting travel costs for faculty on international study trips: faculty-led international study trips are an important part of the Johnson curriculum, and students benefit from having faculty accompany them on these trips.