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Archives

February 2009

Director's Message: Current and Future Alumni Leaders
Building Our Future Together: The Johnson School's Strategic Plan
Hal Bierman: "1929 and 2009: Things that are different and the same"
Career News: Alumni offered subscription discount to job search site
Tell us about your immersion experience
What's news with you?
Stay Connected! The Johnson School at Facebook, Twitter, and Youtube.com
Web Seminar: Recession Startups
Featured Alumna: Jennifer Loveland, MBA '00
News Highlights
Johnson School in the Media
Alumni in the News
Events

Karrie BorgeltDirector's Message: Current and Future Alumni Leaders
We recognized several of our current alumni leaders at our 2nd Annual Alumni Recognition and Celebration Dinner , held at the Grand Hyatt in New York City on Jan. 22, 2009. Dean Thomas presented five Alumni Recognition Awards to alumni from around the world. These awards honor alumni who have demonstrated extraordinary service through long-term volunteer activities within the broad spectrum of the Johnson School's alumni outreach opportunities. Over 180 alumni registered for this exciting event. … I'm also very pleased to announce our the Class of 2009 Alumni Class Officers. More...

Videos and podcasts
Building Our Future Together: The Johnson School's Strategic Plan
If you missed Dean Joe Thomas' webcasts to alumni around the world earlier this month, check out this video and Web site to learn about the new strategic plan, designed to ensure that the Johnson School will continue to be consistently recognized as a world-class, premier business school. Several hundred Johnson School alumni, students, employees, friends, and corporate partners informed the six initiatives of the plan. Next, the school is forming task forces made up of all its constituencies to focus on tactics of implementation. As Dean Thomas writes: "With the valuable contributions of time, thought, and financial resources from our stakeholders, we can make sure that the Johnson School remains one of the top business schools in the world, and insure another decade of excellence in graduate business education at Cornell." Stay tuned!

Hal Bierman: "1929 and 2009: Things that are different and the same"
Hal Bierman Jr., Nicholas H. Noyes Professor of Business Administration and professor of finance, compared the financial crises of 1929 and 2009 in an address at the 2nd Annual Alumni Recognition and Celebration Dinner at the Grand Hyatt in New York City on Jan. 22, 2009. In his presentation, Bierman cautioned against taking steps today that would mirror steps taken by President Herbert Hoover in 1929 to "stop the orgy of speculation," as Hoover put it in his memoirs. "Believe it or not, they stopped it," said Bierman. "And how'd they stop it? The old-fashioned way that we are trying today, which is, stop credit. Guess what happens when you stop credit to Wall Street? It stops credit to other sectors, also."
View video

Executive Compensation Expert Assesses Proposed Cap
Yaniv Grinstein, associate professor of finance, talks about how President Obama's proposed cap on executive compensation may affect the investment industry. View this Featured Video on the Johnson School's home page.

Faculty Expert podcast features Michael Waldman
In this podcast, Professor Michael Waldman discusses his groundbreaking research on possible environmental triggers that may result in increased diagnoses of autism in children.

Career News: Alumni offered subscription discount to job search site
The Johnson School has arranged a 20 percent discount for alumni on TheLadders.com , a premium job search site focused on jobs in the $100,000+ salary range. The site also offers myriad articles on career management, from networking tips to working with executive recruiters. "The subscription fee gives you access to detailed job descriptions and enables you to apply for the positions," says Cynthia Saunders-Cheatham, the Johnson School's brand advisor. "In addition, recruiters will have direct access to your background and contact information." The site allows you to set up alerts by functional area, by level, and by geographic area. See details on how to obtain the coupon code for alumni and sign up for TheLadders.com.

Tell us about your immersion experience
We're planning a feature story in Cornell Enterprise focused on the Johnson School's Immersion Learning program. What role did your immersion experience play in your career? We would love to hear from you - please write to the editor of Cornell Enterprise at Enterprise@johnson.cornell.edu by April 1.

What's news with you? Submit your Class Note online
New job? Promotion? New business? Marriage? New child? Volunteer work? Honors? Hobbies? Passions? Visits with classmates? Share your news with your classmates via the online Class Notes form for Cornell Enterprise, the Johnson School's magazine.

Stay Connected!
Check out the Johnson School page on Facebook , "tweets" at Twitter , and videos at YouTube .

Web Seminar: Recession Startups
Cornell Entrepreneur Network (CEN) is offering a Web Seminar on Recession Startups - Advice for Entrepreneurs Who Are Launching a Startup in a Recession. The webinar features John Nesheim , MBA '67, founder of the Nesheim Group and lecturer of entrepreneurship at the Johnson School. Learn more about this and other upcoming CEN Web seminars.

Jennifer Loveland, MBA '00

Featured Alumna
Jennifer Loveland, MBA '00: Creating a "best-in-class" supply chain

Jennifer Loveland, MBA '00, project manager in global operations supply chain strategy at Dell Computer Corp., is determined to make Dell's a "best-in-class" supply chain. "That is pretty broad when you talk about end-to-end supply chain, globally for all products," she says. "It means that each day will be different. It might be about influencing, gathering data, analyzing data, working with industry experts or suppliers, or just being sure you understand all of the interactions in our complex system." More...

News Headlines

Johnson School at Cornell University Seeks New Business Ideas in BR Ventures' Cornell Venture Challenge
Reformatted competition offers finalists coaching from expert judges

Johnson School MBA student-run hedge fund beats market, manages risk to yield positive returns
Fund Returns 0.42% for 2008, Down 1.29% in Fourth Quarter

Johnson School to offer support to local microentrepreneurs
BR MicroCapital to provide business coaching and financing for microbusiness development

Faculty Research
Research by Vishal Narayan helps marketers zero in on consumers
Need to relax? We have just the drink for you
February 9, 2009

Professor David Weinbaum Finds Predictability in Stock Returns
Award-winning study reveals that option prices hold clues
January 27, 2009

Retail Sales Linked To Financial Market Returns New study by Vishal Gaur provides an improved model for equity analysts when forecasting annual retail sales January 14, 2009

A ban on short sales of financial stocks comes at a high price
Professor Xiaoyan Zhang finds ban resulted in a sharp decline in market quality of targeted stocks
January 14, 2009

Johnson School in the Media

Is the executive pay bubble popping?
Thomson Reuters - 1/28/2009
For American companies with a market capitalization of more than $50 million the top five executives alone took home an average of almost 10 percent of aggregate earnings in 2001-2003, double the level of a decade before, according to research by Lucian Bebchuk of Harvard Law School and Yaniv Grinstein of Cornell University.

Johnson School Professor David Weinbaum Finds Predictability in Stock Return
PR Newswire - 1/27/2009
The stock market may seem anything but predictable these days, but a soon-to-be-published study by Assistant Professor David Weinbaum reveals that option prices can offer important clues about future stock returns.

Alumni in the News

Listening to "Silent Cal": How the 30th president can help us reinvent the American Dream
Cornell Alumni Magazine - 1/19/09
Rich Marin '75, MBA '76, puts current prospects for the American dream into perspective and provides a recipe for curing America's "financial stress syndrome" in this editorial.

Bausch & Lomb Names Peter Valenti, III, as President, North America, Vision Care
The Earth Times (press release), London, UK - 1/16/09
In January 2009, Peter Valenti III, MBA '92, joined Bausch & Lomb as president, North America, Vision Care.

Rockwood Capital Promotes Two
The Earth Times (press release), London, UK - 2/2/09
David Streicher, MBA '02, was named partner at Rockwood Capital , LLC, a private real estate investment company. Streicher works in Rockwood's New York office.

Events
For upcoming events, check out the Alumni Events Calendar