February 12th, 2015
In a new ranking by Human Resources MBA, the Freeman School’s Greg Oldham is named as one of the nation’s most influential living I/O psychologists.
Oldham, J. F. Jr. and Jesse Lee Seinsheimer Chair of Business and professor of management, is ranked 14th on the website’s list of The 30 Most Influential Industrial and Organizational Psychologists Alive Today. Human Resources MBA bases the ranking on a combination of publications, impact on industrial and organizational practices, influence on future research directions, and awards and recognition.
Oldham was singled out for his co-development of the Job Characteristics Theory, which suggests that challenging tasks serve as motivation while monotonous or boring tasks suppress motivation and lead to employee dissatisfaction. The theory, which provides a set of principles for enriching jobs, is widely used by organizations.
Oldham joined the Freeman School in 2009 after serving as the C. Clinton Spivey Distinguished Professor of Business Administration and professor of labor and industrial relations at the University of Illinois at Urbana-Champaign. His research focuses on the contextual and personal conditions that prompt the creativity of individuals and teams in organizations. He has also conducted numerous studies on the effects of the design of work and work environments on employees’ effectiveness and psychological well-being. His research has appeared in many of the leading journals in the fields, including Academy of Management Journal, Journal of Applied Psychology, Organizational Behavior Human Decision Processes, Administrative Science Quarterly and Journal of Management.
Human Resources MBA is an online education guide with resources to help aspiring HR professionals explore and choose the best human resources degree programs.
February 11th, 2015
From NOLA.com, Feb. 9, 2014:
A new study on the economic value of the 2014 Mardi Gras season showed a total contribution to the New Orleans economy of $465 million, with a total of $17.5 million in tax revenues going to local government entities. The study, conducted by Tulane economics professor Toni Weiss with help from the Freeman Consulting Group, determined that the direct expenditures during the 2014 Mardi Gras season — accounting for things like hotels, food and alcohol, and krewe memberships — came to $164 million.
To read the article in its entirety, visit NOLA.com.
February 10th, 2015
Recognizing the growing need for physicians with business training, the A. B. Freeman School of Business and Tulane University School of Medicine have created a new four-year accelerated program for medical students to earn a master of business administration with their medical degrees.
This summer, the Freeman School and Tulane School of Medicine will begin offering a new program that enables students to earn a medical degree and an MBA in just four years.
The joint-degree program, which begins this summer, is one of only a very few four-year MD/MBA programs across the country.
“Future leaders in medicine must excel as clinicians as well as managers in today’s rapidly evolving healthcare market,” said Dr. Lee Hamm, senior vice president and dean of Tulane University School of Medicine. “This joint degree program is designed to prepare physicians who may later run their own practices, become biomedical entrepreneurs or pursue future careers in health care administration or pharmaceutical development.”
“Whether their goal is to become a practicing physician, medical director of a hospital or manager of a medical group, physicians who understand the tools, concepts and language of business will have a critical advantage in bridging the clinical and business sides of health care,” said Ira Solomon, dean of the Freeman School.
The four-year program is for newly admitted medical students who will take courses at Freeman during the summers before and after their first year of medical school. Students then complete their business education throughout the remainder of their time at the school of medicine.
The new program will be offered in addition to Tulane’s existing five-year MD/MBA degree, which began in 2004. The five-year degree includes a required global leadership component, which provides real-world learning experiences through international travel. Both combined programs allow students to save time and money over earning the two degrees separately. Each require 48 credit hours compared to the usual 60 hours of a traditional two-year MBA program.
For more information, visit: http://tulane.edu/som/admissions/programs/combined-degrees.cfm
February 9th, 2015
From The Advocate, Feb. 8, 2015:
Business writer Kathy Finn profiled John Elstrott, chairman of Whole Foods Market and former executive director of the Freeman School’s Levy-Rosenblum Institute for Entrepreneurship, in Sunday’s Advocate newspaper.
He has guided scores of young business students toward careers in business innovation, sometimes becoming an investor and board member in their startups.
That’s how Elstrott came to be involved in Dinner Lab, a member-based catering and events business that has quickly spread into 24 cities, where teams of highly trained chefs and wait staffs serve hundreds of guests at pop-up dinner parties hosted in unusual settings. Dinner Lab plans to enter the Baton Rouge market within the next few weeks.
Four of the company’s five founders were students of Elstrott at Tulane. “We approached John early on, and he joined our board and made the very first investment,” co-founder and CEO Brian Bordainick said.
To read the article in its entirety, visit TheAdvocate.com:
January 28th, 2015
Liz Cowle grew up with cancer.
Her mother was diagnosed with breast cancer just a few weeks before Liz was born. She died a month after Liz’s fourth birthday, leaving her grieving father to care for her and her two young sisters.
Liz Cowle (BSM/MACCT ’15) will take part in a cross-country run this summer to promote cancer awareness.
“All the pictures that I have of my mom, she’s very withered away,” says Cowle, a fifth-year Master of Accounting student at the Freeman School. “It got to the point that she wasn’t even able to pick me up anymore. My dad had to carry her from the bed to the bathtub. She left us videos and you can see as I grew up, she gets worse.”
Losing her mother to cancer at such a young age was traumatic, but Cowle says the experience taught her to be independent, to give back when she can, and most of all to appreciate her good health and physical fitness.
This summer, she plans to do all three of those things when she embarks on a cross-country run to fight cancer. As a participant in the Ulman Cancer Fund’s 4K for Cancer, Cowle will run from San Francisco to Baltimore to raise funds and promote cancer awareness. Along the way, she’ll also visit hospitals and cancer centers to award scholarships and hand out care packages to patients undergoing chemotherapy.
Liz and her mother, Denise Cowle, who died from cancer in 1996.
“I’ve participated in 5Ks that benefit different cancer charities, but I always wanted to do something bigger,” says Cowle, who will join the New Orleans office of Deloitte & Touche in September as an auditor. “When I saw this and learned that we would actually go across the country and meet with patients, I thought it would be the best way I could spend my summer before I begin my job.”
Cowle is one of 60 runners and 100 cyclists selected to participate in the annual cross-country trek, which last year raised over $1 million to support programs for young adults affected by cancer. As a member of this year’s 4k for Cancer team, Cowle expects to run about 60 miles per week over the course of the seven-week journey. To prepare for that task, she’s been adding mileage to her daily runs in Audubon Park as well as working with a personal trainer on resistance exercise including weight lifting and suspension training. She also practices Bikram yoga three times per week.
“I know the 4K will be emotionally and physically exhausting, but l also know the journey will be incredibly rewarding,” she says. “Cancer doesn’t stop, so why should I? People keep telling me I’m crazy for wanting to run across the country, but as Steve Jobs used to say, ‘The people who are crazy enough to think they can change the world are the ones who do.’ I can’t change what has happened to me and my family, but maybe I can change what happens to others.”
To learn more about 4K for Cancer or make a pledge to support Cowle’s run, visit 4kforcancer.org/profiles/liz-cowle.
January 26th, 2015
From AccountingToday.com, Jan. 23, 2015
Accounting may be a profession mostly involving numbers, but for Lynn Hannan, a professor of accounting at the A. B. Freeman School of Business at Tulane University, factors such as psychology, sociology, and economics should also be a top priority.
“I was interested in how we can improve accounting to help people make better decisions,” she told Tulane’s website, focusing on the psychology behind employees and incentive systems.
To read the article in its entirety, visit AccountingToday.com:
January 21st, 2015
College entrepreneurs have less than two weeks to enter the 15th annual Tulane Business Model Competition for a chance to win more than $25,000 in cash and prizes for promising startup ventures.
Jan. 30 is the deadline to apply for the 2015 Tulane Business Model Competition, which will award $25,000 to a promising startup venture. (Photo by Cheryl Gerber)
The contest, which is hosted by the A. B. Freeman School of Business and the Tulane Entrepreneurs Association, seeks early-stage ventures that demonstrate a market-tested ability to adapt to customers’ needs. It is open to any team led by at least two or more students enrolled in a college or university. To enter, teams must submit a company description and other details by 11:59 p.m., Jan. 30 at: http://tulane2015.istart.org/.
“The Tulane Business Model Competition is a way for Tulane University to recognize and foster high-potential ventures that have demonstrated the ability to test their assumptions in the field and then pivot based on that market feedback,” said Lina Alfieri Stern, director of operations with the Levy-Rosenblum Institute for Entrepreneurship.
Tulane will select six semi-finalists who will get to pitch, receive mentoring and network with a variety of “Lean Startup” experts on Monday, March 23, during New Orleans Entrepreneur Week. Lean Startup is a business development model created by entrepreneur and author Eric Ries. The three finalists selected by judges will then present their business models at Tulane University on Thursday, April 16.
Formerly known as the Tulane Business Plan Competition, the contest was reorganized last year to emphasize the importance of validating a business model through field research. The contest rewards ventures for breaking down their idea into a key business model hypotheses; testing their assumptions with customers; applying Customer Development / Lean Startup principles to make sure they nail the solution; and changing until they have a customer-validated business model.
For more information, visit LRI.Tulane.edu/competition.php.
January 21st, 2015
For business school students, getting a good internship is the first step toward landing a great job after graduation, but for students lacking previous professional experience, that’s often easier said than done.
Barrett Cooper (MBA ’13) gives Jason Dunleavy, a sophomore majoring in finance, a tour of the Orpheum Theatre, which is currently undergoing a multimillion-dollar restoration. (Photo by Ryan Rivet)
To help ease the transition from classes to the professional world, the A. B. Freeman School of Business at Tulane University introduced a new program during the fall semester that enables students to “shadow” an alumnus on a typical workday.
Program developer Jade O’Dell says the NOLA Professionals Job Shadowing Program can give students practical knowledge of jobs and careers while helping them to become more comfortable with networking.
“This is something to do before you start applying for internships,” says O’Dell, a counselor in the business school’s Career Management Center. “You can talk to professionals in the field, get an idea of what different professions are like and then figure out where you want to go from there.”
Jason Dunleavy, a sophomore majoring in finance, was matched with Barrett Cooper (MBA ’13), chief operating officer of ERG Enterprises. The venture capital firm’s holdings include the Windsor Court Hotel, the Pontchartrain Hotel, Tipitina’s and the Orpheum Theatre, which is currently undergoing a multimillion-dollar restoration. Dunleavy spent the day with Cooper visiting properties and learning more about how the company chooses its investments.
“I was amazed at how smart Jason was and how knowledgeable he was of the industry,” Cooper says. “ERG Enterprises believes very strongly in the importance of mentoring and networking, so we were happy to be able to help Jason get a better understanding of what the workplace is like.”
O’Dell hopes to make the program available to more students during the spring semester, with the help of additional alumni volunteers. Any Tulane alumni interested in participating in the job shadowing program may contact O’Dell at 504-865-5417.