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Fisher global impact
Contents
Message from the Dean
3
Undergraduate Program
4-9
Graduate Programs
MBA
10-15
W. Arthur Cullman Executive Luncheon Series
23
Alumni Connections 24-25
Faculty Recognition
26-27
2006-2007 Intellectual Output
28-30
MLHR
16
Research and Business Partnership Centers
31-32
MAcc
17
Giving Report
33-35
MBLE
18
Financials
36
PhD
18
Dean’s Advisory Council
37
Executive Education
19-22
Faculty and Administration
38-40
Fisher’s business resource building, Mason Hall, includes a two-story reading room, computing center, library, and a media center that broadcasts international financial news.
CONTENTS
page 1
Fisher global impact
Message from the Dean
S
ixteen years have passed since I stepped onto The Ohio State University campus
for the first time. Since then, many aspects of our learning environment at the
Fisher College have improved and evolved, but our core commitment remains
the same—to develop global leaders who reshape the way organizations do business.
We have long believed that international excellence in research and teaching is a
reflection of the greater purpose of Fisher­—to contribute to building a better world.
That vision is led by our faculty who are recognized worldwide for their
innovative teaching methods, global best business practices, and groundbreaking
research. Their ability to translate global perspectives into the classroom enriches the
education of participants in all our programs. This global mindset enables our students
and participants in all programs to effectively apply their knowledge of business in
different social, economic, and political environments, involving people from widely
diverse cultures.
Such a world view is furthered by the college’s partnership with 30 international
universities and relationships with multinational companies and leading executives on
every continent. Fisher’s network of global experts and alumni share their experiences
with our students and help them develop a deeper appreciation of other cultures and
ideas. We believe this exposure is essential for lifelong learning as well as effective
leadership.
The stories in this year’s annual report highlight that appreciation and those
in the Fisher community who are engaged, innovative, passionate, and capable of
changing the world. As dean, I have been privileged to experience first-hand the
significant impact Fisher has made around the world as I have viewed activities in
Asia, Europe, and the Middle East. Our work in preparing effective leaders has never
been more important or more needed.
My new role at Ohio State involves serving as interim president and provost
for the university. While in that capacity, I will be focusing on the excellence we have
developed in all aspects of university life—including creating outstanding learning
environments, encouraging world-class scholarly inquiry, and delivering high-impact
outreach to Ohio and a worldwide constituency.
I will also have the opportunity to continue observing Fisher faculty, staff, and
graduates as they impact the effectiveness of firms around the world. This will always
be a source of pride for me as I hope it will be for each of you.
Joseph A. Alutto
Dean and John W. Berry, Sr.
Chair in Business
DEAN’S MESSAGE
page 3
FIS HER I N T HE B A H A M A S
Fisher global impact
Destination Bahamas:
International Service Project
D
uring winter break, 18 students in Fisher’s
Undergraduate Honors Cohort Program traveled
to the Bahamas to develop the first-ever Junior
Achievement pilot in-school program at St. Ann and St.
Thomas More elementary schools.
While there, the students, along with Nancy Lahmers,
honors cohort coordinator, participated in a morning radio
show to talk about their work in the schools. The group
received accolades from local Bahamian officials including
Lionel R. S. Elliott, executive director of Junior Achievement
Bahamas.
“Our partnership with Fisher is unique, and we are
honored to have the students here,” Elliott says. “This is the
first Junior Achievement pilot in-school program. Our children
have really benefited from this experience.”
For senior Kris Walsh, choosing the Bahamas trip
culminated his Fisher experience, which has been dedicated
to international service projects. Walsh’s service has also
included travel to Colombia and to Pakistan following a
devastating earthquake there.
“A dream of mine is to work for or run a nonprofit that
deals with natural disasters or crisis—a company that helps
countries reconstruct in a way that is beneficial to the local
people,” Walsh says.
Walsh has accepted a job as a financial analyst with
Shell to gain corporate experience.
According to Rao Unnava, associate dean of Fisher’s
undergraduate programs, these students are incredibly selfmotivated. “They are not content with just pursuing activities
that fulfill academic prerequisites or lead to a high-paying
job after graduation,” Unnava says. “They are inspired by a
personal dedication to making the world a better place by
helping others who are in need.”
Undergraduate Program
Mind Games
Class Profile
Fisher became the hub of undergraduate competitions in November with students
on campus for both the Fisher Biz Quiz National Challenge, co-sponsored by Nationwide
and The Wall Street Journal, and the 2006 Center for International Business Education
and Research (CIBER) Case Challenge. More than 80 students from schools across the
country, Canada, Singapore, and New Zealand competed. Michigan State won the
Fisher Biz Quiz National Challenge, while Brigham Young University took top honors at
the three-day CIBER Case Challenge.
4,987
enrollment
3.21
average GPA
7%
13%
international
Business Scholars
The newly launched undergraduate Business Scholars Program is a community
of 50 talented students who participate in activities that enhance their academic
experience. This two-year program creates a “learning-by-doing” environment for
scholars who have a strong interest in pursuing best practices, team building, and
leadership training. Partnerships with faculty and alumni are also formed to enhance
professional development and a high ethical standard of behavior.
Global Mindset
200
Mitte Honors Program
Public Accounting Report, 2006
9th
in accounting
18th 10th
overall among public
universities
4th
8th 10th 11th
supply chain
production
management
and operations
and logistics management
finance real estate
page 4
15th accounting
UNDERGRADUATE PROGRAM
Fisher student Ryan Bauer
helps a young schoolgirl
with her homework.
U.S. News & World Report, 2007
13th
Fisher undergraduates
with elementary school
children in the Bahamas.
female
Rankings
In an effort to globalize the undergraduate program, Fisher plans to link
international business courses in finance, marketing, operations, and human resources
with college exchange partners via technology. Dialogue with proposed university
partners from Manchester University, United Kingdom; Copenhagen Business School,
Denmark; Hong Kong University of Science and Technology, Hong Kong; and SDA
Bocconi, Italy, includes courses in the areas of comparative labor movements, human
resources trends and policies, global finance, and international marketing. These efforts
will further the skill set of undergraduate teaching faculty, enhance international
business classes, and create a recruiting tool for study abroad partnerships.
35%
minority
marketing
20th
management
UNDERGRADUATE PROGRAM
page 5
Fisher global impact
On-Campus Recruiting
Career
2,372
interviews conducted on campus
248
number of companies
$45,085
Search Marketing
Search marketing is an area of explosive growth as retailers and companies
look for ways to increase online sales, strengthen brand awareness, and analyze
web site performance. In response, Fisher has created a new undergraduate Internet
marketing course, Principles in Electronic Marketing, developed in partnership with
marketing and logistics faculty and Bizresearch, one of the nation’s leading search
marketing companies. The course teaches senior marketing majors the fundamentals
of search marketing, covering topics such as search engine optimization, viral
and affiliate marketing, blogging as a marketing tool, web site analytics, and
e-mail marketing.
average starting salary
$3,861
average signing bonus
Internships
851
interviews conducted on campus
Top Teams
With only six hours to prepare, undergraduate students Kevin Black, Isaac
Elking, Julie Hoopes, and Brian Schoo captured the top prize at the TLA Logistics
Case Competition held at Fisher. Coached by Associate Professor of Logistics
Keely Croxton, the group developed a plan to help Shell implement a new offshore
oil drilling rig.
This spring, Fisher undergraduate students participated in the first Business
Honors Learning Community Case Study Competition sponsored by Owens
Corning. The winning team included Erica Elsasser, George Gothot, Saar Mahna,
and Jim Wykoff.
125
number of companies
$2,460
average monthly salary
(as of August 1, 2007)
Peter Ward, co-director of Fisher’s Center for Operational Excellence (COE); Cheryl Dickerson, hospital administrator and Six Sigma Black Belt, The Ohio State University
Hospitals; Rao Unnava, associate dean of Fisher’s undergraduate programs; and Peg Pennington, COE director of Continuous Improvement Practices for Corporate Partners.
Competitive Advantage
Kevin Black, Isaac Elking, and Julie Hoopes hold the top prize awarded at the TLA Logistics Case Competition.
This fall, Fisher became the nation’s first business school to offer Six Sigma classes to undergraduate students to help them
earn Green Belt certification. Traditionally taught in MBA and executive education programs, the selective class is open to juniors and
seniors majoring in operations management who complete two rigorous 10-week classes and a final exam to earn certification. Select
students benefit from Fisher’s leading faculty experts in the field of lean management and Six Sigma.
According to Peter Ward, co-director of Fisher’s Center for Operational Excellence (COE), the new course adds to the innovative
academic opportunities available for students to learn and work in small groups. Students study in a blended learning environment
that includes projects with nonprofit organizations to help them gain process improvement experience. The certification gives Fisher
graduates an even greater advantage in the marketplace as they compete for highly selective management positions.
UNDERGRADUATE PROGRAM
UNDERGRADUATE PROGRAM
page 6
page 7
FISHER IN EUROPE
Fisher global impact
Building Hope:
Renovation in Romania
Undergraduate Teaching Awards
Marc Smith
Lecturer, Accounting and MIS
Instructional Innovation Award
Rick Young
Professor, Accounting and MIS
Director of Accounting Honors Program
Honors Teaching Award
Larry Inks
Assistant Clinical Professor
Management and Human Resources
Major Course Teaching Award
Making History
Fisher’s Yoonhee Ha was one of
20 students selected from more than
600 national nominees to USA TODAY’s
2007 All-USA College Academic First
Team. A senior double majoring in finance
and microbiology, Ha served as the
undergraduate student representative on
Ohio State’s Board of Trustees for the last
two years. Ha plans to attend medical school after graduation and believes her
Fisher business training will enable her to serve as a link between health care
providers and policymakers. She is the first student in Ohio State history to have
won both the Marshall and Truman scholarships.
Martha Cooper
Professor, Marketing and Logistics
Major Area Teaching Award
Habitat for Humanity renovation
site in Romania.
Staff Awards
Yoonhee Ha
H
Barbara Gladman
Director of Student Services
Service Award
Linda Miller
Activities Coordinator
Service Award Congratulations to the 2007-2008 Ernst & Young Minority Scholarship Award Recipients: (left to right)
Director of Minority Student Services David Harrison; students Stephany DiYanni, Xinyi Yang, Michael Song,
Brett Nobles, and Leah Kaba; and Ernst & Young executives Jennifer Vasseur, Jen Phipps, and Fred Scott.
Multicultural Conference
Leadership from student chapters of the National Hispanic Business
Association from across the country converged on campus for the organization’s
annual Summer Leaders Conference, hosted by Fisher’s Hispanic Business Student
Association (HBSA). Students from 33 universities attended workshops presented
by executives from the Minneapolis-based retailer, Target, and Columbus-based
Abercrombie and Fitch. Other corporate sponsors included JPMorgan Chase,
Procter & Gamble, and Ernst & Young. Fisher’s HBSA chapter sponsors several
annual activities including a spring corporate recruiters’ program, annual soccer
tournament fundraiser, and Thanksgiving dinner.
aving a positive impact on people’s lives far from Ohio State was one
of the reasons Fisher Mitte Scholars Amanda Wente and Nick Strnad
traveled to Romania to participate in a Habitat for Humanity build.
The Fisher students, along with a group of Mitte Scholars from five other U.S.
universities, led a renovation project that converted a former orphanage and
children’s hospital into an apartment building.
The Mitte Foundation is dedicated to fighting poverty and promoting education
around the world. As part of its mission, the foundation funds scholarships for
graduate and undergraduate students at several universities.
“Here we were on the other side of the world, and we were going to be
renovating an apartment building. It was the ultimate team-building project—
literally,” Strnad says. “I remember a rusted-out water sphere that was nearby. It
stood as a symbol of the communist era, and we were there helping transform one
little part of the country.”
During their six days on the construction site, the students dug a trench and
laid pipe to provide the building with running water. They also demolished walls to
expand the apartments and create a second room. Throughout the building process,
students were able to work side by side with some of the families that would occupy
the apartments.
The group also spent a weekend exploring parts of the country including the
capital city, Bucharest, where they visited a children’s hospital, spent time with
infants, and donated blankets, toys, and medical supplies.
According to Wente, interacting with the people of Romania was the highlight
of the trip. “It was gratifying that we still found ways of communicating and
interacting when we didn’t speak each other’s language,” Wente says.
UNDERGRADUATE PROGRAM
UNDERGRADUATE PROGRAM
page 8
page 9
FISHER IN AFRICA
Fisher global impact
Diversifying Exports:
Ethiopia’s Vital Crop Market
A
Ethiopian women at work in one
of the country’s coffee factories.
project led by Fisher students and experts may
help Ethiopia with the daunting challenges it faces
in the global crop export market.
The Business Solutions Team (BST) Project, which began
last autumn, ended with a trip to the country in March, and
could open a window to future collaboration between the
university and the Ethiopian government. According to Michael
Leiblein, associate professor of management and a team
member who visited the country, BST projects like this provide
students experience in diagnosing and solving real-world
business problems.
During the trip, MBA students along with experts from
Ohio State's Technology, Licensing, and Commercialization
office gave recommendations to Ethiopian government officials
on how to increase income flow from the global export of key
crops such as flowers, sesame, and coffee.
Prior to visiting Ethiopia, the team conducted research on the country’s market position, competition, and competitive advantages. Students were also introduced to agriculture production and
retailing facilities in Ohio to educate them on the processes
they would see in Ethiopia. What they found was a country
with abundant natural resources, but limited financial,
transportation, and technological infrastructure.
Meeting with processors, exporters, logistic specialists,
and officials, the team was provided with large amounts
of primary information to conduct its research and provide
accurate and well-educated solutions. The group interacted
with policymakers at the government’s highest level including
the Ethiopian ambassador to the United States, the Ethiopian
deputy prime minister and his ministry, the U.S. ambassador to
Ethiopia, as well as 40 of the country’s leading investors.
On their last day, students shared recommendations,
which included improved flower distribution, increased
investment in agricultural education, and enhanced marketing
for distinct types of high-quality Ethiopian coffee.
According to Leiblein, the project gave students
the opportunity to work on critical economic development
strategies and opened further collaboration between Ethiopia
and Ohio State.
“The project demonstrated our students’ ability to
understand and contribute to discussions regarding a business
or country’s competitive strategy and the value of bringing
together teams of interdisciplinary experts from across
campus,” Leiblein says.
MBA Program
Developing Leaders
Class Profiles
The Leadership and Professional Development Program enhanced its curriculum
during the past year with added seminars and workshops that help MBA students hone
critical skills. The program is co-led by Larry Inks, a faculty member in the Department
of Management and Human Resources, who has an extensive background in leadership
development at Fortune 500 companies, and Karen Hopper Wruck, associate dean for
MBA programs.
A new series launched in the fall focused on the growth of the individual as a
leader and effective team member. As part of this process, students engaged in formal
inventories and assessments such as Leadership Practices Inventory, Myers-Briggs,
Emotional Intelligence, Strengths Finder, and CareerLeader, as well as interviews with
faculty and career services staff. A leadership speaker series, supported by funding
from Saunder Flaum, enabled students to engage with top managers as part of their
personal development process. In addition, students explored career options through
career “boot camps” in marketing, finance, real estate, operations, and consulting. They
also prepared for their post-MBA careers through resume and interview workshops.
Other events highlighted creativity and innovation as well as networking with alumni
and corporate partners.
Full-Time MBA
559
number of applicants
127
enrollment
27
average age
5
average years of work experience
669
average GMAT
30%
international
Customized Career Tracks
Fisher’s MBA curriculum has been revamped to allow students more choice and
flexibility. One important addition is the “make your own” option in which students
draw from more than 100 elective MBA courses as well as university offerings to create
their own majors. Interdisciplinary career tracks were also created to complement
major courses of study including consulting and project management, entrepreneurship,
leadership and values in decision making, lean management and Six Sigma, real
estate management, services management, and an option to “make your own
track.” Individualized courses of study created by students include arts and nonprofit
management, health care management, media management, strategic global sourcing,
financial engineering, and organizational strategy and design.
13%
minority
31%
female
William Gradison
Part-Time MBA
182
number of applicants
135
enrollment
29
average age
6
average years of work experience
605
Inside Corporate Governance
Fisher’s 2007 CFO Summit featured William Gradison, a founding member of the
Public Company Accounting Oversight Board, as keynote speaker. The flagship event
for the MBA Finance Association was co-sponsored by the Department of Accounting
and MIS, Department of Finance, and MBA program. During his remarks, Gradison
discussed the changing roles of corporate auditors, accountants, and financial officers in
the new governance climate and the Sarbanes-Oxley act. The event included a panel on
corporate governance moderated by Floyd Norris, chief financial columnist for The New
York Times. Several chief financial officers from global companies including Limited
Brands, Ford Motor Company, and YRC Worldwide Inc. participated as panelists and
met with students in breakout sessions.
average GMAT
12%
international
27%
minority
21%
female
Floyd Norris
MBA PROGRAM
MBA PROGRAM
page 10
page 11
FISHER IN THE WORLD
Fisher global impact
World Market:
Solving Cross-Cultural Problems
W
Fisher students have helped companies solve
problems in countries around the globe including
Brazil, Mexico, Malaysia, China, Hungary, Poland,
Namibia, Egypt, Turkey, Greece, India, Argentina,
Costa Rica, Peru, Thailand, South Africa, Chile,
and Panama.
Steve Fischer visits a local Thai
fresh market and mosque.
here there’s a developing economy, Fisher is interested in its
local businesses.
Each year, graduate and undergraduate students in the college’s
Emerging Markets Field Study course spend one quarter learning about business in
rapidly developing nations. Students spend up to two weeks abroad, analyzing the
foreign businesses they’ve picked to study during that quarter. Through the years, the
class has traveled around the globe to 18 countries. This year, the MBA class studied
in India and Argentina.
As a business graduate student, Steve Fischer studied Brazil and Thailand
while in the class. He remembers one experience—helping a Thai Coca-Cola plant
work through distribution and refrigeration issues—as a particularly valuable lesson.
“The issues were so different,” he says.
In Thailand, distribution was a major hurdle for business. Issues with roads
made it difficult to get the soda to stores. Once the Coke had been delivered, there
was the problem of refrigeration. In some parts of Thailand, the company provided
fridges—a rarity in rural towns—for its product. But store owners would use the
novelty appliance for “chicken or maybe Pepsi.”
According to Melanie Caugherty, assistant director of Fisher’s Center for
International Business Education and Research (CIBER), solving cross-cultural
problems like these helps companies recognize that Fisher students know how to
adapt and manage new ideas.
“Solving problems is a great resume builder because it demonstrates that
our students actually use the skills they’ve learned,” Caugherty says. The class
and trips are organized through CIBER, one of 31 centers nationwide funded by
the U.S. Department of Education. The office provides students with study abroad
opportunities, connects minority students with area business leader mentors, and
brings international business experts to campus.
MBA Recruiting
Outperforming the Pros
An impressive year of trading by Fisher’s
Student Investment Management class once
again outpaced Wall Street traders and allowed
the fund to reach another milestone. The studentmanaged fund, which invests a part of Ohio State’s
endowment, recently shattered the $25 million
mark. The team of graduate and undergraduate fund
managers chalked up a 28.5 percent return on their
investment since 2006, and elevated the fund from $19.9 million to $25.6 million
by the end of May. They also outperformed the S&P 500 index by 10 percent over
the last 11 months.
Going Green
Seeing the right type of green helped a team of Fisher MBA students take top
honors at Columbus’ first Get Green Business Case Competition in November. The quartet
of second-year MBA students Hersh Chaturvedi, Mike Sims, Todd Muller, and Lisa Sheiring
formulated the best waste management solution for event sponsor Boehringer Ingelheim
Roxane Inc.’s (BIRI) Case Challenge. A preliminary advisory committee of business leaders,
prominent alumni, and top students has been formed to guide Fisher’s efforts to enhance
its curriculum in the area of sustainability.
Class of 2007
$81,920
average salary
$17,111
average other guaranteed compensation
$12,711
average signing bonus
84%
percent of class employed
(as of August 1, 2007)
Wall Street Success
This year’s annual trip to Wall Street, coordinated by Fisher’s Career Services Office
and MBA program, included networking with recruiting directors and alumni at a majority
of the bulge bracket investment banks and select private equity firms. The connections
helped facilitate summer internships with Fisher MBAs at Lehman Brothers, Goldman
Sachs, Deutsche Bank, and a full-time associate hire at Bear Stearns.
Trailblazing Leaders
Lisa Williams, president and CEO of Williams Research Inc., shared with Fisher
graduate women her research and experience on what makes a successful leader during
the Graduate Women in Business’ Third Annual Women in Leadership Summit in March.
Williams, the author of several academic and leadership books, was Fisher’s first African
American woman to earn a doctorate in logistics. Williams headed an impressive list of
participants that included Audrey Tuckerman, vice president of investments for Merrill
Lynch; Pam Archer, vice president of Huntington.com; Cheryl Krueger, founder and CEO of
Cheryl’s Cookies; Rebecca Woodrow, CIO of GE; Jean Patrick, executive vice president of
W.W. Williams; Melinda Whittington, corporate accounting director for Procter & Gamble;
and Cindy Hilsheimer, founder of SC search consultants, LLC.
Emerging Markets
Jesse J. Tyson, president of ExxonMobil InterAmerica Inc. and a Fisher MBA alumnus, keeps
his finger on the pulse of Latin America’s political
climate to track the ever-changing governmental
policies toward natural resources. During a spring
campus visit, he spoke to students, faculty, and
staff about managing governmental-business
relations in Latin America as the region continues
to emerge as a growing business market for
the company. Tyson’s lecture was sponsored
by Fisher’s Center for International Business
Education and Research (CIBER), Ohio State’s
Center for Latin American Studies, the Glenn
School of Public Affairs, and the Mershon Center
for International Security Studies.
Lisa Williams
MBA PROGRAM
MBA PROGRAM
page 12
page 13
Fisher global impact
Winning Paradigm
A team of Fisher and Ohio State graduate students developing a new approach
to detect breast cancer took top honors at the Materials Research Society (MRS)
Entrepreneurship Challenge, one of the most prestigious technology business start-up
competitions. The Trayser Diagnostic Systems team, mentored by S. Michael Camp,
academic director of Fisher’s Center for Entrepreneurship, was one of three universities
selected for the final round against teams from the University of Massachusetts
Amherst and Rutgers University. The group placed first in the 2007 Deloitte Business
Plan Competition, winning nearly $104,000 in cash and in-kind services. The team also
won the New Business Builders Competition, sponsored by the Kiwanis Club
of Columbus.
Expanding Global Opportunities
Reflecting an increased emphasis on building global perspective, a series of new
international study opportunities is planned to launch this year. This includes four new
noncredit study abroad trips to Europe, India, and Bolivia. Through faculty expert-guided
trips associated with elective courses, students will gain a deeper understanding
of finance, global sourcing, logistics, and microfinance in a global context. The new
Bolivia excursion focuses on the relationship between microfinance and international
development, and offers a service-learning component coordinated through a nonprofit
organization. The latter gives Fisher students first-hand experience into the development
challenges faced in remote communities.
Rankings
U.S. News & World Report, 2008
22nd 7th
overall among public
universities
5th
10th supply chain
accounting
management
and logistics production
finance
and operations
13th 16th
marketing
20th
S. Michael Camp
25th
management
The Wall Street Journal, 2006
2nd
nationally among schools with
strong regional recruiting bases
6th
globally in logistics and
operations management
Hot Commodity
Fisher’s student-run volunteer graduate organization, FisherServes, promotes community-minded leadership activities throughout Central Ohio.
An increasing number of companies are reducing the number of “core” or
“national” schools they select for targeted recruiting. Usually four or five are selected
for this approach. This past year, a number of companies included Fisher in this
category for the first time. The targeted recruiting resulted in MBA hires at companies
such as Limited Brands, Nationwide, Whirlpool, Textron, Deloitte Consulting, Wipro
Technologies, IBM, and DaimlerChrysler—bringing the number of companies that place
Fisher in the “national” school MBA recruiting arena to 23.
Economist Intelligence Unit, 2006
34th 17th 6th
worldwide in the United among public
States
business
schools
3rd
in diversity of recruiters
9th
Community-Minded Leadership
in percentage of students who find jobs
through our Career Services Office
More than 150 MBA students invested nearly 1,000 hours of their time to benefit Ohio community projects during
September’s Community Day. The event is led by FisherServes, a student-run volunteer graduate organization that promotes social
responsibility through service-based initiatives. Students volunteered at 13 venues including Habitat for Humanity, Goodwill
Columbus, Boys & Girls Club of Columbus, and the Ronald McDonald House. Another component of FisherServes is Fisher
Board Fellows. This unique program places select MBAs on the boards of local nonprofit organizations. Students gain hands-on
experience as they undertake projects for the board and participate in the governance process as non-voting board members.
For each nonprofit, a regular board member assumes the role of partner and mentor to students.
15th
in its ability to open up new career
opportunities for graduating students
Fisher offers a small campus community while providing all the resources Ohio State has to offer.
MBA PROGRAM
MBA PROGRAM
page 14
page 15
Fisher global impact
Class Profile
102
enrollment
3.66
average GPA
19%
28%
international
minority
81%
female
Recruiting
$65,267
average starting salary
$71,000
median starting salary
$5,400
average signing bonus
A sampling of companies recruiting
MLHR Program
MAcc Program
Making an Impact
Beyond the Classroom
At age 11, Emily Douglas launched an enterprise that today
conducts $2 million worth of transactions annually. Douglas created
Grandma’s Gifts to provide food, clothing, books, toys, and educational
opportunities to children from low-income families in rural Appalachia
towns in Ohio, West Virginia, and Kentucky. Now a second-year student
in the Master of Labor and Human Resources (MLHR) program, Douglas
is beginning to see the relevance of her studies while running her
community service organization.
Emily Douglas
“Fisher has taught me that there are a lot of similarities in
running for-profit and nonprofit organizations,” Douglas says. “I balance budgets, raise
money, manage logistics, and set goals.”
Not surprisingly, her work has received national recognition. Douglas is the recipient
of one of the highest White House honors for civilians, the President’s Service Award, and
was featured on The Oprah Winfrey Show for her work. “Emily is a gifted individual with
strong analytical skills as well as interpersonal skills,” says Professor Robert Heneman,
MLHR program director. “It’s hard to find that combination of skills in many individuals.
Fisher’s Tax Clinic utilizes the
accounting expertise of Master of
Accounting Program (MAcc), MBA, and
undergraduate students to help lowincome taxpayers with their state and
federal tax preparation. Led by tax faculty
member William Raabe, students helped
more than 200 families and individuals
receive refunds of nearly $400,000 in tax
year 2006. The Tax Clinic partners with
Columbus City Council, the Internal Revenue William Raabe
Service, Ohio State Extension, and the Godman Guild Community Center. It receives financial
support from the Ernst & Young Endowment and the Columbus city budget.
Bright Minds
Vicky Samuto was chosen as one of two people from central Ohio universities
to receive a scholarship from the Human Resources Association of Central Ohio. The
scholarship was awarded based on academic performance, demonstrated leadership,
human resources-related experience, extracurricular activities, career goals, and overall
presentation capabilities.
MLHR students:
Abercrombie
& Fitch
Amazon.com
Anheuser-Busch
Convergys
DaimlerChrysler
Dell
Delta Airlines
Eaton
Emerson
ExxonMobil
GE
Kroger
General Motors
Intel
Merrill Lynch
Nationwide
Nestle
Newell Rubbermaid
Owens Corning
Raytheon
The Scotts Company
Shell
Sherwin-Williams
Smith Barney
United McGill
UPS
Whirlpool
Diversity of Experience
“I’m a ‘TCK’—Third Culture Kid,” says MLHR student StellaMonica Nalugwa Mpande. The embodiment of diversity in life
experiences, Mpande was born in Uganda and spent her youth in the
Ivory Coast. She attended an international school with an American
curriculum before pursuing higher education in the United States. The
term “TCK” refers to individuals who spent a significant part of their
developmental years in a culture other than that of their parents. These
“culture-blended” individuals are usually children of international
business executives, diplomats, or military personnel. TCKs contribute
Stella-Monica
in unique ways to their communities­—offering differing viewpoints
Nalugwa Mpande
and experiences helps in the overall development of their classmates.
Mpande is among the 36 percent of international graduate students enrolled at Fisher.
She selected Fisher because she thought the faculty and curriculum would help her achieve
her goal of a career in global business.
“Everybody markets diversity like it’s the latest fad, but there is honesty about it from
Fisher, especially in recruiting efforts. The bond between the students and faculty is real.”
Class Profile
94
enrollment
616
average GMAT
19%
international
12%
minority
45%
female
Outside In
The Ernst & Young Lecture Series brings distinguished speakers to campus to
share their insight with students. A sampling of 2007 speakers includes Steven Merriett,
member of the Board of Governors of the Federal Reserve System; Ray J. Groves, former
chairman and CEO of Ernst & Young; Bill Gradison, former Ohio congressman and member
of the Public Company Accounting Oversight Board; Ronald G. Fulop, vice president of
corporate internal auditing for Johnson & Johnson; and Eugene Flegm, retired auditor for
General Motors Corporation.
3.66
average GPA
Recruiting
$49,956
average starting salary
$3,069
average signing bonus
(based on 74% of those reporting placement)
Team Tested
MAcc and undergraduate accounting students advanced as national finalists in the
Deloitte Tax Case Competition held in Orlando, Florida, last winter. The teams, coached
by William Raabe, tax faculty member, and Ray Krasniewski, accounting professor, were
among 12 national finalists of nearly 40 colleges and universities.
Select Few
John Drum (MAcc ‘07) was selected by the Financial Accounting Standards Board
to serve a one-year term as postgraduate technical assistant. Awarded to only four
high-achieving new professionals in the national competition, the assistantship provides
exposure to the accounting standard-setting process and top executives in the field. This
marks the second straight year a Fisher student was appointed to the board. Fisher’s Eric
Weber (MAcc ‘07) was awarded the highly competitive American Institute of Certified
Public Accountants (AICPA) National Scholarship. Weber is one of 10 students nationwide
to receive the John L. Carey Scholarship, which provides financial assistance to students
with bachelor’s degrees in liberal arts who are pursing graduate studies in accounting.
Rankings
Public Accounting Report, 2006
in the nation
U.S. News & World Report, 2007
10th
10th
in the nation
MLHR PROGRAM
MAcc PROGRAM
page 16
page 17
FISHER IN THE WORLD
Fisher global impact
MBLE Program
A select list of companies interviewing
MBLE students includes:
Capital One
Caterpillar, Inc.
Eaton
Edward Jones
GE
Hexion Specialty Chemicals, Inc.
IBM
i2 Technologies
Manhattan Associates, Inc.
ODW Logistics
Perot Systems
United Stationers, Inc.
Vargo
Williams-Sonoma
YRC Worldwide Inc.
60
enrollment
international
32% minority
5% 22%
female
The Social Scientists Research
Network (SSRN) ranks Fisher’s finance
doctoral program ninth based on the
research productivity of its graduates.
D
Fisher’s Master of Business Logistics Engineering Program (MBLE), one of a few
programs of its kind in the country, is backed by the college’s logistics program, ranked
fifth in the nation by U.S. News & World Report.
Top Recruits
Fisher MBLE students are highly sought after by leading companies because
their expertise combines strong managerial and technical skills. This spring, program
graduates were hired by ConAgra and Rubbermaid. Last year’s graduates are employed
at Exel Logistics, DSC Logistics, Ashland Inc., Florida State University, and Roxane Labs.
Beyond the Classroom
MBLE and MBA students test their problem-solving skills through actual business
challenges in Fisher’s Field Problems in Logistics class. During winter quarter, student
consultants designed and executed data-based consulting projects for Honda, Amgen,
Agilent, Chiquita Banana, Greif, and a South American copper mine.
PhD Program
Class Profile
Relationship Management:
Supply Chain’s Global Charge
Doug Lambert
The Universidad de San Andres in Buenos Aires,
Argentina, plays international host to Fisher’s
Supply Chain Executive Education Program.
oug Lambert, director of the Global Supply Chain Forum, is on a quest to make
sure everyone in the corporate world realizes that supply chain management
involves every function in the organization.
With the help of Fisher researchers and top corporate executives, Lambert, the
Raymond E. Mason Chair in Transportation and Logistics, is leading a global charge to
implement a model that stresses relationship management and eight cross-functional
and cross-firm processes.
Last year, the forum, through Fisher’s Executive Education Program, made its
international debut with seminars in England and Argentina. This year, the forum
research will reach every continent except Antarctica and expand to universities in
Australia, China, New Zealand, and South Africa.
The forum’s framework presents supply chain management as a relationship
managing tool that links teams from corporations that do business with one another. The
seminars are designed specifically for executives interested in competing through the
management of relationships and the integration of efforts across business functions.
The forum’s perspective has been sculpted from research with its member
corporations including Cargill, The Coca-Cola Company, Colgate-Palmolive, Hallmark,
Hewlett-Packard, International Paper, Limited Brands, Moen, Shell, TaylorMade-adidas
Golf, 3M, and Wendy’s®. The textbook inspired from the forum’s research, Supply Chain
Management: Processes, Partnerships, Performance, is nearing the completion of its
third edition and is currently being translated into Spanish and Chinese.
With the expansion and impact of these global offerings, it’s not surprising that
the Economist Intelligence Unit places Fisher’s executive education customized programs
among the highest in the world.
Global Impact
Fisher doctoral graduates are among some of the nation’s best in terms of impact
of their research on their profession. Last year, Fisher PhDs were placed with leading
organizations and institutions including Rutgers University, University of Arkansas,
Florida State University, Texas A&M, University of Connecticut, and University of Illinois.
Fisher PhDs are also making an
impact abroad at the Chinese
University of Hong Kong;
University of Technology in
Sydney, Australia; Singapore
National University; Queen’s
University; Korea University;
Universidad de Sans Andes in
Buenos Aires, Argentina; Hong
Kong Polytechnic University;
University of Toronto; Yonsei
University; Seoul National
University; and Hong Kong
University of Science and
Fisher PhDs are creative, independent thinkers with
outstanding research activities and academic qualifications.
Technology, among others.
MBLE PROGRAM
PHD PROGRAM
EXECUTIVE EDUCATION
page 18
page 19
Fisher global impact
Executive Education
EMBA Class Profile
55
enrollment
11
average years of work experience
34
22%
female
11%
minority
Rankings
Economist Intelligence Unit, 2006
2nd
in custom programs
Business Week, 2005
13th
best executive EMBA
2nd
finance
Partner Programs
VIP Program
Disney Leadership Institute
The VIP Program hosted two LG Chemical Corporation executives from Korea last
year. During their stay, the managers took part in a variety of academic course work in
the areas of finance, marketing, strategy, supply chain and logistics, and English. They
also participated in executive education sessions and American company tours. Advised
by Professor Mona Makhija, the executives graduated from the program this summer.
In September, Fisher hosted the Disney Leadership Institute Program. The event
outlined four specific qualities of Disney’s leadership principles including leadership,
management, customer service, and loyalty. Fisher is the only Ohio learning venue to
represent the 2007 Disney Leadership Institute Program.
FBI Symposium
average age
Custom Corporate Programs
1st
strategy
5th
marketing
In June, Fisher hosted the 35th Annual Crime Laboratory Development Symposium
for crime lab managers. The session was for managers in local, state, and federal labs.
The three-day symposium entitled, “Balance—A Focus on Competing Needs,” gave lab
managers the management tools and skills they needed to improve their effectiveness in
the workplace.
CIO Executive Summit
In June, Fisher hosted the Second Annual Ohio CIO Executive Summit. In partnership
with Evanta, the event provided top executives a dynamic peer-to-peer exchange that
facilitated best practices in enterprise technology management. The summit, created
by CIOs for information technology managers, enabled tremendous opportunity for
collaboration and networking with colleagues from major Ohio organizations.
Growth Leadership Program
Open Enrollment Programs
The Textron Growth Leadership Program continues to be a success for both the
company and the college, resulting in more than 65 growth-enhancing projects at
Textron. These positive results have garnered Fisher’s executive education a deeper
commitment from Textron to provide customized materials and an information flow
training program for its operational leaders this fall. In addition, Textron has increased its
recruiting efforts at Fisher and is now recruiting MBAs in the areas of marketing, finance,
and strategy.
Social Enterprise
Through its community-minded focus, Fisher’s Social Enterprise Program helps nonprofit
organizations align their resources to their mission and objectives for sustained success.
Working with an advisory board of community leaders, professors, and students, Fisher faculty
provide expertise in the areas of strategy, branding, and finance. Through private funding, last
year’s program provided full scholarship training for nearly 40 representatives of Midwestern
charities including Children’s Hunger Alliance and United Way.
Ross M. Heart Hospital
Business Education Series
The Ross Heart Hospital Leadership Development Program develops core
leadership competencies of senior staff and physicians. The program provides
management with the leadership capabilities and key business acumen needed to lead
the organization. Core competencies include strategy, vision and strategic alignment,
decision making, finance, power and influence, conflict and negotiation, leadership and
team effectiveness, and personal development planning, among others. This program
offers a highly customized approach to developing leadership competencies of senior
staff and physicians.
Last year, Fisher collaborated with a focus group of central Ohio organizations
to identify areas of improvement for their managers. The one-day training program,
Fisher Business Education Series (FBES), offers topics including finance essentials,
talent management, negotiations and conflict management, team building, and process
management. With Nationwide scholarship support for nonprofit managers, more than 300
participants from 50 organizations have increased their knowledge and skills through FBES.
Milestones
• Two-year partnership with Textron
and the Textron Growth Leadership
Program, graduating more than 400
managers from the program
• Five-year partnership with Maersk,
training more than 320 logistics
specialists from worldwide operations
centers
• Eight-year partnership with the Korea
Advanced Institute for Science and
Technology, a program that trains
visiting international professors in the
area of finance
In Good Company
Fisher is a new member of the
International University Consortium for
Executive Education (UNICON), a highly
selective organization of leading global
business schools with a commitment to
quality executive education.
Pfahl Hall, Fisher’s
executive education and
conference center, is
dedicated to senior-level
management programs.
Builders Exchange
“The opportunity to interact with professionals from
other industries is invaluable. A wealth of knowledge
and experience exists among my classmates, and
learning from them is an integral aspect of the Fisher
EMBA experience.”
EXECUTIVE EDUCATION
page 20
Robert Murray, EMBA 2006
General Manager and Superintendent
Murray Energy Corporation
To help build the development of potential leaders in the construction industry,
Fisher and the Builders Exchange of Central Ohio created the BX Rising Leaders Program.
Company-nominated participants, sponsored by an executive, attend sessions to sharpen
their business acumen and prepare them as leaders for both their organization and the
industry. This successful program develops valuable personal growth for participants
while fostering decisive relationship building for the industry.
Fisher’s EMBA shapes high potential business managers into strategic thinkers and innovative problemsolvers with a total, global business perspective.
EXECUTIVE EDUCATION
page 21
Fisher global impact
FISHER IN ASIA
China’s Rising Impact:
A Fortune 500 Company in Shanghai
W. Arthur Cullman Executive Luncheon Series
2006-2007 Speakers
EMBA alum Dale MacDonald leads
Ashland China in Shanghai, the
seventh largest city in the world.
I
n Shanghai, China, the most accelerated business
climate in the world, Dale M. MacDonald, president of
Ashland China, is putting his Fisher 2002 EMBA to the
test everyday.
“I can honestly say that there has not been a day in which
a new challenge has not arisen testing my capabilities across
a variety of fronts,” says MacDonald about taking the helm
of Ashland China, which represents the regional operations
of Ashland Inc., a diversified, global chemical company. “The
Fisher program provided me with a perspective on a wide
variety of subjects that I might not have had the need to focus
on in a more developed, stable environment.”
China is undergoing continual and significant changes,
MacDonald says. As one of the world’s largest economies
reshapes its commercial environment and regulations, he says
international companies conducting business in the country
must continually adapt to changes.
“To say the pace is fast is an understatement,”
MacDonald notes. “To be successful, companies need to be
nimble to respond to the changes.”
Joseph A. Alutto
Dean
Fisher College of Business
Melodie Gee
COO
Inoveris, LLC
John Ness
President and CEO
ODW Logistics, Inc.
Mohammed Badi
Consultant
Boston Consulting Group
Mike Guarassi
Finance Manager
Procter & Gamble
Jim Sargeant
President
Jim Sargeant Consulting
Tasha Bailey
College Relations
Cardinal Health
Chris Henneforth
Partner
Level Partners
Dave Schoettmer
President and CEO
Navigator Management Partners LLC
Lut Calcote
Vice President Business Technology
Discover Financial Services
Tom Herman
Vice President
JumpTV Inc.
Wil Schroter
President and CEO
Go BIG Network
Bill Carter
Chief Financial Officer
Hexion Specialty Chemicals, Inc.
Cindy Hilsheimer
President
SC search consultants, LLC
Gene Smith
Director of Athletics
The Ohio State University
Chip Chapman
President
The Knowledge Group
Brian Kura
Vice President Marketing
The Scotts Miracle-Gro Company
Jim Dale
Author
Tom Lurie
President
Thomas H. Lurie & Associates
E. J. Thomas
Executive Director
Habitat for Humanity
Greater Columbus
Peter DallePezze
Principal
DP Capital, LLC
Fisher’s faculty expert on China, Oded Shenkar, the
Ford Motor Company Chair in Global Business Management,
says the country has the world’s most aggressive business
practices, and forecasts it will achieve an unparalleled global
economic dominance within the next 20 years.
MacDonald is experiencing first-hand that dynamic
business climate. Some of the challenges he encounters in
his position include changes in commercial and tax policy,
managing investment strategies in the rapidly growing
economy, and dealing with the Chinese government.
“Companies’ relationships with the government are
extremely important to help firms navigate and effectively
manage these changes,” he says.
One of the things MacDonald values most from
his Fisher EMBA experience is the team relationships
he developed.
“Having the opportunity to discuss different
perspectives across different industries has provided me with
a more balanced approach to situations, which is especially
helpful in a region such as China,” MacDonald adds.
Mike DeAscentis
President
Lifestyles Communities
Bill Diffenderffer
President and CEO
SkyBus
Dan Malloy
Finance Manager
Procter & Gamble
Mike Moran
President and CEO
Affiliated Resource Group, Inc.
The late Dr. W. Arthur Cullman
Gary Vawter
President
Vawter Financial, Ltd.
Steve Weinberg
President
Weinberg Wealth Management, LLC
Each year, top executives come to Fisher campus to share their insight and experiences with students.
Pete Edwards
President
Edwards Communities
Barry Fromm
President
Value Recovery Group
Lawrence Funderburke
President
Lawrence Funderburke
Youth Organization
EXECUTIVE EDUCATION
CULLMAN EXECUTIVE
LUNCHEON SERIES
page 22
page 23
Fisher global impact
Alumni Connections
Alumni Board
David Ahnmark MBA ‘78
Brian Benson MBA ‘04
Katy Brownley MBA ‘02
L. Keenan Delaney BSBA ‘84
Micheal D. Esposito MLHR ‘81
Kenneth Gould MBA ‘04
Jennifer Heathcote MBA ‘04
Garrett Hunt MBA ‘01
Robert Hutchinson MBA ‘98
David Jacobs BSBA ‘84
Jim Johns BSBA ‘92, MBA ‘95
Dipan Karumsi MBA ‘02
Roman Khlupin MBA ‘98
Kevin Korney BSBA ‘91
Mark Kuchenrither BSBA ‘89
Catherine Kupec MBA ‘98
Eric Lenard BSBA ‘97, MBA ‘97
Brian J. Majeska BSBA ‘98
D. Gregory Meredith MBA ‘02
Elena Newman MBA ‘96
Krista Nufrio MAcc ‘02
Ami Scott BSBA ’94, MBA ‘94
Dawn Severt BSBA ‘86
John Shave BSBA ‘89
Megan Shaw MLHR ‘05
Denis Shibiko MBA ‘99
Denis Simon BSBA ‘69
Mark Simon BSBA ‘03
Jim Terranova BS ‘75
C. D. Via MBA ‘87
William Vogelgesang BSBA ‘79, MBA ‘81
Jeff Waldron MBA ‘95
Gwen Wisler BSBA ‘81
Ann Yihua Yang BSBA ‘05
Greg Yoakam BSBA, EMBA ‘01
Our Alumni Are Everywhere!
There are 62,000 worldwide
On 6 continents
In 80 countries of which:
19 are in Asia 23 are in Europe
19 are in Latin America
9 are in the Middle East
10 are in Africa
And in all 50 states in the United States.
Hot Spots
Pace Setter Faculty Awards
Daniel Westerbeck Teaching
Excellence Awards
Undergraduate Teaching
Mike Knemeyer
Local, regional, and international events were hosted around the world last year
and included alumni activities in many cities including Baltimore, Columbus, Chicago,
Glendale, Shanghai, Hong Kong, Mumbai, and New York City. These gatherings provide
a way for graduates to reconnect and offer prospective students living in these cities a
chance to experience Fisher through alumni interaction and support.
Graduate Teaching
Anil Arya
The Bostic-Georges Faculty
Service Award
Ray Noe
Outstanding Research Award
Henrik Cronqvist
Pace Setter Awards
Pace Setter Executive Award
Kenneth L. Coleman
Chairman, Accelrys, Inc.
Lawrence Funderburke inspires neighborhood youth to have a spirit of excellence in everything they do.
Expanding Horizons
The Alumni Board serves as a sounding board for new ideas and implementing programs, events, and networking
opportunities. Board members also act as mentors and provide guidance to both current and new students.
As a graduate and former NBA player, Lawrence Funderburke (BSBA ‘94) and his
wife, Monya, have established two endowments at Ohio State to provide scholarships
for inner-city students majoring in business and other subjects. According to the author
and entrepreneur, “I want the young people I meet to have a spirit of excellence in
everything they do that will always allow them to be successful. Our goal is to instill
hope and knowledge that will spark momentum for the rest of their lives. I’m passing
them the ball, but to be successful they need to make the shot.”
Leadership Essentials
Alumni Awards
Distinguished Alumni Award
Community Service Award
James O’Brien
Chairman & CEO, Ashland Inc. Cynthia Hilsheimer
Principal, SC search consultants, LLC
Young Professional Award
International Alumni Award
Ryan Helon
Managing Director Nationwide
Mutual Capital, LLC
Scott Baum
VP Operations, TL Contact Inc.
Sponsored by the Pace Setter’s Board of Trustees, the annual Dean’s
Leadership Conference helps top undergraduate students further develop their
leadership skills through interaction with business professionals and administration.
Students are selected to participate based on their academic excellence, dedication
to the community, and leadership skills. The May seminar entitled, “Business without
Borders,” featured keynote speaker Stacy Methvin, vice president of Base Chemicals
Americas and CEO of Shell Chemical LP.
Walter M. Rudin Junior Scholarship
Awarded to the most outstanding
undergraduate junior
Luba Osadchy
Ken Coleman,
chairman of the
software company,
Accelrys, Inc., and
a Fisher alumnus,
delivers the keynote
speech at the
2007 Pace Setters
Awards ceremony.
Robert E. Georges Senior Scholarship
Awarded to the most outstanding
undergraduate senior
Yoonhee Ha
S. Maurice Bostic and Birch S.M.
Bostic Memorial Award
Awarded to the outstanding male
member of the graduating class
John Drum
Katherine Porter Allen Prize
Awarded to the outstanding female
member of the graduating class
Dhriti Pandhi
Jack W. Stephens Scholarship
Awarded to the student with
outstanding scholarship, leadership,
and athletic accomplishments
Emily Francis
Paul Yin, president of
Dah Chung Industrial
Co., LTD., is an active
alumnus in Hong Kong.
A recent member of
the Dean’s Advisory
Council, Yin hosts Fisher
gatherings and dinners
for visiting faculty,
alumni, and students.
ALUMNI CONNECTIONS
ALUMNI CONNECTIONS
page 24
page 25
FISHER IN AFRICA
Fisher global impact
A Fulbrighter in Namibia:
Opportunities and Challenges
Steve Hills with students from
the University of Namibia.
FACULTY RECOGNITION
page 26
W
hen Professor Stephen Hills arrived in Namibia to
spend last year as a Fulbright Scholar, one of the
most striking things he discovered was the use of
new technology by students who couldn’t afford to
purchase textbooks for his class. With textbooks largely unavailable
because of slow shipments or high prices, students at the University of
Namibia often utilized flash drives to download Hills’ lecture notes from
his personal laptop computer.
Hills, a Fisher associate professor of management and human
resources and academic director of the Center for International Business
Education and Research (CIBER), taught international business and
labor relations courses at the African university. Although Namibia
might be classified as a developing country, Hills says the innovative
use of technologies, such as cell phones and flash drives, is helping
accelerate the nation’s economic growth, narrowing the divide between
rich and poor. The mass-produced, cheaper information technologies are
transforming businesses in poor countries in vastly different ways than in
the United States.
A majority of the 3,500 students at the University of Namibia hailed
from very poor or middle-class families, yet many have access to the
small hand-held memory devices. According to Hills, students accessed
the downloaded notes at their parents’ offices, Internet cafés, or used a
neighborhood computer often housed in a tin shack. The university only
had a small percentage of their computers connected to the Internet.
Technology is somewhat uneven because most Namibians only
have dial-up Internet connections and incur a fee for a local telephone
call. Wireless connections are available, but it is quite expensive for most
people, he says.
Throughout the country, Hills found unique ways Namibians used
other high-tech devices to overcome various barriers. Cell phones, also
seemingly ubiquitous in the country, were used in remote villages as
small computers.
“Technology has been a very positive thing for both the students
and the country, and it will be very interesting to see how far it is going to
go,” Hills notes.
Faculty Recognition
Dean Joseph A. Alutto was selected to serve as
Ohio State’s interim president and provost on July 1,
2007. During the summer transition, Alutto named
Stephen L. Mangum, senior associate dean for
academic programs, as acting dean. Mangum, who
has been at Fisher since 1983, has worked closely
with faculty teams in developing and implementing a
number of program initiatives including an executive
MBA track, a Master of Accounting (MAcc) program,
a master’s program in business logistics engineering,
and an undergraduate business minor and extension
of the undergraduate business degree to students at
Ohio State’s four regional campuses.
China’s Ministry of Education and the Asia-Pacific
MBA Association honored Joseph A. Alutto as a
Acting Dean Stephen L. Mangum
“Prominent Figure to China’s MBA Education” for
his contribution in developing the first MBA program
in China. In part, as a result of the success of the initial 1984 SUNY-Buffalo-China MBA
program he founded as dean at the State University of New York-Buffalo, MBA education
was officially sanctioned in China in 1991.
Professor J. Richard Dietrich, chair of the Department of Accounting and MIS, was appointed
to serve a two-year term with the Standing Advisory Group for the Public Company Accounting
Oversight Board. Dietrich is one of only two academics serving with the group.
Michael Knemeyer, assistant professor of logistics, was awarded one of two senior research
fellowships bestowed yearly by the Institute for Supply Management. He was recognized
for his continuing research on “Aligning Product/Service Innovation Efforts in Supply Chains:
An Agency Theory Perspective.”
The Academy of Management selected Peter Ward, the Richard M. Ross Chair in Management
and chair of the management sciences department, as its Operations Management Scholar
Award recipient for 2007. Each year, the academy’s Operations Management Division selects
one of its members to receive the award for outstanding scholarship in the field.
Steve Hills takes a break from
university life to enjoy the
scenic Namibian plains.
Marguerith Chavez,
a senior majoring in
human resources (left)
receives the first Susan
L. Josephs Award
of Courage from the
award’s namesake.
The new award
honoring Josephs
(right), associate dean
for educational and
professional diversity,
was announced at the
2007 Fisher Diversity
Awards program.
FACULTY RECOGNITION
page 27
Fisher global impact
2006-2007 Intellectual Output
Books
G. Allenby, Bayesian Statistics and Marketing, John Wiley &
Sons, 2006.
J. Barney, D. Clark, Resource Based Theory, Oxford,
forthcoming.
J. Barney, Gaining and Sustaining Competitive Advantage,
3rd edition, Prentice Hall, 2006.
W.C. Benton, Purchasing and Supply Management,
McGraw-Hill Irwin, 2006.
Articles
D. Schumann, C. Haugtvedt, R. Davidson, “History of
Consumer Psychology,” Handbook of Consumer Psychology,
forthcoming.
Kim, G. Allenby, Rossi, “Product Attributes and Models
of Multiple Discreteness,” Journal of Econometrics,
forthcoming.
C. Haugtvedt, Liu, and Min, “Individual Differences as Tools
for Theory Testing,” Handbook of Consumer Psychology,
forthcoming.
S. Alvarez, “Entrepreneurial Rents and the Theory of the
Firm,” Journal of Business Venturing, 2007.
Q. Liu, T. Otter, G. Allenby, “Investigating Endogeneity Bias in
Marketing,” Marketing Science, forthcoming.
R. Heneman, J. Ledford, “Competency Pay,” The
Compensation Handbook, forthcoming.
S. Alvarez, J. Barney, “Entrepreneurship and the Theory of
the Firm: Why Do Entrepreneurial Firms Exist?” Journal of
Management Studies, 2007.
H. Klein, T. Becker, J. Meyer, Commitment in Organizations:
Accumulated Wisdom and New Directions, Lawrence
Erlbaum, forthcoming.
R. Heneman, J. Tansky, M. Camp, “Human Resource
Strategies of High Growth Entrepreneurial Firms,”
International Handbook of HRM and Entrepreneurship,
forthcoming.
R. Croson, J. Anand, R. Agarwal, “Using Experiments
in Strategy Research,” European Management Journal,
forthcoming.
D. Lambert, Supply Chain Management: Processes,
Partnerships, Performance, 3rd edition, Supply Chain
Management Institute, 2007.
J. Werner, R. Heneman, “Merit Pay,” Incentives for Sustaining
Competitive Advantage, forthcoming.
C. Haugtvedt, P. Herr, F. Kardes, Handbook of Consumer
Psychology, LEA Publishers, forthcoming.
R. Lewicki, Barry, Saunders, Essentials of Negotiation,
McGraw Hill, 2006.
J. Everett, C. Hennig, W. Raabe, Schedule M-3: Book-Tax
Differences, CCH, 2006.
Greg Allenby
J. Fellingham, D. Schroeder, “Synergy, Quantum Probabilities,
and Cost of Control,” Essays in Accounting Theory in Honor of
Joel S. Demski, 73-96.
O. Shenkar, The Chinese Century, revised paperback edition,
The Wharton School Publication, 2006.
M. Carey, R. Stulz, The Risks of Financial Institutions,
University of Chicago Press, 2006.
J. Tansky, R.L. Heneman, Human Resource Strategies for the
High Growth Entrepreneurial Firm, 2006.
Book Chapters
G. Allenby, P. Rossi, “Hierarchical Bayes Models,”
The Handbook of Marketing Research, 2006.
R. Agarwal, J. Anand, R. Croson, “Pre-acquisition Alliances
and Post-acquisition Coordination,” Strategic Alliances, 2006.
A. Arya, J. Glover, B. Mittendorf, “Aligning Incentives by
Capping Bonuses,” Essays on Accounting Theory in Honor of
Joel S. Demski, 2006.
A. Arya, J. Glover, S. Radhakrishnan, “The Controllability
Principle in Responsibility Accounting,” Another Look: Essays
on Accounting Theory in Honor of Joel S. Demski, 2006.
J. Barney, A. Mackey, T. Mackey, “Do Managers Have to
Be Unusually Ethical for Firms to be Socially Responsible,”
Handbook of Corporate Social Responsibility, forthcoming.
C. Von Hippel, V. Bendapudi, J. Tansky, D. Greenberger,
S. Mangum, R. Heneman, “Operationalizing the Shadow
Workforce, Toward an Understanding of the Participants in
Nonstandard Employment Relationship,” The Contingent
Workforce, 2006.
L. Gagnon, A. Karolyi, “Price and Volatility Transmissions
Across Borders,” New York University Salomon Center
Monograph Series: Financial Markets, Institutions &
Instruments, 2006.
H. Klein, J. Austin, J. Cooper, “Goal Choice and Decision
Processes,” Work Motivation: Past, Present, and Future,
forthcoming.
H. Klein, A. Heuser, “Socialization Content and Tactics: A
Framework for Researching Orientation Practices,” Research
in Personnel and Human Resources Management, Elsevier
Ltd., forthcoming.
T. Goldsby, M. Knemeyer, “Contract Logistics in North
America,” Handbuch Kontraktlogistik, forthcoming.
D. Lambert, “The Customer Relationship Management
Process,” Supply Chain Management: Processes,
Partnerships, Performance, 2007.
D. Lambert, M. Knemeyer,“Performance Measurement:
A Supply Chain Management Perspective,” Business
Performance Measurement, 2007.
M. Leiblein, A. Ziedonis, “Distinguishing between
Deferral and Growth Options,” Advances in Strategic
Management, 2007.
R. Lewicki, D. Greenberger, Coyne, “When Is Dysfunction not
Dysfunctional,” Dysfunction in Organization, forthcoming.
J. Molloy, J. Tansky, R. Heneman, “Human Resource
Management in Entrepreneurial Firms: What’s Next and Why
Does It Matter?” The Routledge Companion to Strategic
Human Resource Strategy, forthcoming.
M. Yoon, J. Current, “A Dual Based Heuristic for Hub Location
and Network,” Journal of the Operational Research Society
Press, 2006.
L. Cohen, K. Diether, C. Malloy, “Supply and Demand Shifts in
the Shorting Market,” Journal of Finance, 2006.
J. Ellingson, P. Sackett, B. Connelly, “Personality
Assessment across Selection and Development Contexts:
Insights into Response Distortion,” Journal of Applied
Psychology, forthcoming.
J. Fellingham, D. Schroeder, “Quantum Information and
Accounting,” Journal of Engineering Technology and
Management, forthcoming.
J. Ford, L. Ford, A. D’Amelio, “Resistance to Change: The Rest
of the Story,” Academy of Management Review, forthcoming.
J. Anand, R. Oriani, R. Vassolo, “Managing a Portfolio of Real
Options,” Advances in Strategic Management, forthcoming.
J. Ford, W. Pasmore, “Vision: Friend or Foe During Change,”
Journal of Applied Behavioral Science, 2006.
A. Arya, B. Mittendorf, “The Interaction among Disclosure,
Competition between Firms, and Analyst Following,” Journal
of Accounting and Economics, forthcoming.
Z. Chen, N. Hall, “Supply Chain Scheduling: Conflict and
Cooperation in Assembly Systems,” Operations Research,
forthcoming.
A. Arya, J. Fellingham, H. Frimor, B. Mittendorf, “On the Role
of Receivables in Managing Salesforce Incentives,” European
Accounting Review, 2006.
Z. Chen, N. Hall, “Maximum Profit Scheduling Manufacturing
& Service,” Operations Management, forthcoming.
A. Mackey, T. Mackey, J. Barney, “Corporate Social
Responsibility and Firm Performance,” Academy of
Management Review, forthcoming.
Ashbaugh-Skaife, Botosan, A. Beatty, Davis-Friday, Fairfield,
Hirst Hopkins, Mallet, Nelson, Ramesh, Venkatachalam,
“Financial Accounting and Reporting Standards for Private
Entities,” Accounting Horizons, 2006.
N. Bendapudi, Berry, Frey, Raymund, Parish, “The Ideal
Doctor,” Mayo Clinic Proceedings, 2007.
H. Shin, W.C. Benton, “A Quantity Discount Approach to
Supply Chain Coordination,” European Journal of Operational
Research, 2007.
H. Zhou, W.C. Benton “Supply Chain Practice and Information
Sharing,” Journal Of Operations Management, 2007.
J. Arbaugh, M. Camp, L. Cox, “Multi-Country Comparison of
Perceived Environmental Characteristics, Industry Effects, and
Performance in Entrepreneurial Firms,” Journal of Enterprising
Culture, forthcoming.
H. Correa, L. Ellram, A. Scavarda, M. Cooper, “An Operations
Management View of the Services and Goods Product
Mix,” International Journal of Operations and Production
Management, 2007.
L. Santos, J. Coutinho-Rodrigues, J. Current,
“An Improved Solution Algorithm for the Constrained Shortest
Path Problem,” Transportation Research, forthcoming.
A. Asef-Vaziri, N. Hall, R. George, “The Significance of
Deterministic Empty Vehicle Trips in the Design of a
Unidirectional Flow Path,” Computers & Operations
Research, forthcoming.
P. Wang, J. Hill, “Recursive Behavior of Safety Stock
Reduction: The Effect of Lead-Time Uncertainty,” Decision
Sciences, 2006.
Sharon Alvarez
M. Galbreth, J. Hill, S. Handley, “An Investigation of the Value
of Crossdocking for Supply Chain Management,” Journal of
Business Logistics, forthcoming.
K. Hou, D. Robinson,”Industry Concentration and Average
Stock Returns,” Journal of Finance, 2006.
C. Doidge, A. Karolyi, R. Stulz, “Why Do Countries Matter
So Much for Corporate Governance?” Journal of Financial
Economics, 2007.
S. Baruch, A. Karolyi, M. Lemmon, “Multi-Market Trading
and Liquidity: Theory and Empirical Evidence,” Journal of
Finance, 2007.
H. Klein, R. Noe, C. Wang, “Motivation to Learn and Course
Outcomes: The Impact of Delivery Mode, Learning Goal
Orientation, and Perceived Barriers and Enablers,” Personnel
Psychology, 2006.
Roy Lewicki
E. Rabinovich, M. Knemeyer, C. Mayer, “Why Do Internet
Commerce Firms Incorporate Logistics Service Providers in
Their Distribution Channels?: The Role of Transaction Costs
and Network Strength,” Journal of Operations Management,
forthcoming.
INTELLECTUAL OUTPUT
INTELLECTUAL OUTPUT
page 28
page 29
Fisher global impact
Research and Business Partnership Centers
E. Rabinovich, M. Knemeyer, “Logistics Service Providers
in Internet Supply Chains,” California Management
Review, 2006.
G. Ray, W. Muhanna, J. Barney, “Competing with IT: The Role
of Shared IT-Business Understanding,” Communications of
the ACM, forthcoming.
Fisher research centers offer corporate partners the benefits of faculty expertise while
providing students real-world examples of management challenges and solutions.
S. Garcia-Dastague, D. Lambert, “Interorganizational
Time-Based Postponement in the Supply Chain,” Journal
of Business Logistics, 2007.
B. Dineen, R. Noe, J. Shaw, M. Duffy, C. Wiethoff,
“Level and Dispersion of Satisfaction in Teams: Using
Foci and Social Context to Explain the SatisfactionAbsenteeism Relationship,” Academy of Management
Journal, forthcoming.
Center for Business Performance Management
M. Doran, G. Whittenburg, W. Raabe, “Problem Tax Clients,”
TAXES, 2006.
Charles A. Dice Center for Research in Financial Economics
R. Leone, A. Rao, K. Keller, L. McAlister, “Linking Brand
Equity/Value to Consumer Equity/Value,” Journal of Service
Research, 2006.
V. Kumar, R. Leone, A. Peterson, “Looking Beyond CLV:
The Power of Referral Marketing,” Harvard Business
Review, forthcoming.
W. Raabe, J. Smith, “Public Charity Status,” Taxation of
Exempts, 2007.
R. Raggio, R. Leone, “The Theoretical Separation of
Brand Equity and Brand Value,” The Journal of Brand
Management, forthcoming.
J. Saldanha, D. Russell, J. Tyworth, “A Disaggregate
Analysis of Liner Ocean Carriers’ Transit Time Performance,”
Transportation Journal, 2006.
B. Dineen, R. Lewicki, E. Tomlinson, “Walking the Talk,”
Journal of Applied Psychology, 2006.
O. Shenkar, Y. Luo, “From Distance to Friction: Substituting
Metaphors and Redirecting Intercultural Research,” Academy
of Management Review, forthcoming.
P. Ferris, T. Jandik, R. Lawless, A. Makhija, “Derivative Suits
as a Form of Corporate Governance,” Journal of Financial and
Quantitative Analysis, 2007.
V. Folkes, S. Matta, “How Much to Use? An Action-Goal
Framework of the Factors Influencing Consumption Quantity,”
Review of Marketing Research, forthcoming.
C. Geczy, B. Minton, C. Schrand, “Taking a View:
Corporate Speculation and Governance,” Journal of
Finance, forthcoming.
C. Geczy, B. Minton, C. Schrand, “The Use of Multiple Risk
Management Strategies: Evidence from the Natural Gas
Industry,” Journal of Risk, 2006.
Y. Gong, O. Shenkar, Y. Luo, M. Nyaw, “Parent Multiplicity
and International Joint Venture Performance,” Strategic
Management Journal, forthcoming.
L. Pinkowitz, R. Stulz, R. Williamson, “Does the Contribution
of Corporate Cash Holdings and Dividends to Firm Value
Depend on Governance? A Cross-Country Analysis,” Journal
of Finance, 2006.
B. Nocco, R. Stulz, “Enterprise Risk Management: Theory and
Practice,” Journal of Applied Corporate Finance, 2006.
Facilitates performance management innovation
Richard Dietrich, Academic Director
Promotes high-quality research in financial economics
René M. Stulz, Academic Director
Center for Entrepreneurship
Facilitates research, education, and community involvement in entrepreneurship
S. Michael Camp, Academic Director
Jay B. Barney, Bank One Chair for Excellence in Corporate Strategy
Sharon A. Alvarez, Assistant Professor of Entrepreneurship and Entrepreneurship
Center for Operational Excellence
Focuses on overall operational excellence and continuous improvement initiatives
Peter Ward and John Dix, Co-Directors
Nancy K. Lahmers, Administrative Director
Peg Pennington, Director of Continuous Improvement
Center for International Business Education and Research
S. Raju, R. Unnava, “The Role of Arousal in Commitment: An
Explanation for the Number of Counterarguments,” Journal of
Consumer Research, 2006.
Promotes excellence in international business education and research
Stephen M. Hills, Academic Director
Melissa Torres, Administrative Director
N. Votolato, R. Unnava, “Spillover of Negative Information on
Brand Alliances,” Journal of Consumer Psychology, 2006.
Center for Real Estate Education and Research
R. Shah, P. Ward, “Defining and Developing Measures of Lean
Production,” Journal of Operations Management, 2007.
Focuses on improving the quality of education and research for the Ohio real estate industry
P. Ward, H. Zhou, “Impact of Information Technology
Integration and Lean/Just-in-Time Practices on Lead-Time,”
Performance Decision Sciences, 2006.
Global Supply Chain Forum
E. Olsen, P. Ward, “Performance Measurement System
Simplicity,” International Journal of Manufacturing
Technology and Management, 2006.
S. Hoeffler, D. Ariely, P. West, “Path Dependent Preferences:
The Role of Early Experience and Biased Search in Preference
Development,” Organizational Behavior and Human Decision
Processes, 2006.
René M. Stulz
Pursues issues related to customer satisfaction and operational excellence
Douglas M. Lambert, Academic Director
Initiative for Managing Services
Addresses issues associated with building and managing effective service organizations
David Greenberger, Faculty Fellow
Supply Chain Management Research Group
Promotes high-quality research and education in supply chain management and logistics
James L. Ginter and Bernard J. La Londe, Academic Directors
Melissa Torres
Jay Barney
INTELLECTUAL OUTPUT
RESEARCH CENTERS
page 30
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Fisher global impact
Giving Report
Highlights
Company partners with Fisher’s research
centers include:
ABB
Abbott Laboratories
Alliance Data
Boehringer Ingelheim Roxane
Cardinal Health
CSC Worldwide
Coca-Cola North America
Convergys
Crane Group
Deloitte
Diamond Innovations
Emerson Climate Technologies
Exel
Goodyear
Greif
Hallmark
International Paper
Lancaster Colony
Limited Brands
The Longaberger Company
Mettler-Toledo
Nationwide
New Product Innovations
Ohio Willow Wood
Porter Wright Morris & Arthur
Rolls-Royce Energy Systems
The Scotts Miracle-Gro Company
Shell UK
Sonoco Phoenix
The Timken Company
Tinnerman
Tosoh SMD
• Peter H. Edwards, Sr. (BSBA ‘55) has committed $5.2 million to provide student
scholarships and strategic support for faculty, staff, and program initiatives.
• Jeffrey R. Rodek (MBA ‘76) has committed $750,000 to support enhancements
to the college’s information technology infrastructure and other emerging
priorities and key initiatives.
• James R. (BSBA ‘50) and Judith A. Thomas have pledged $250,000 to
establish the James R. Thomas Graduate Support Fund, the James R.
Thomas Faculty Excellence Fund, and the James R. Thomas Graduate Support
Endowment.
• Dr. Robert H. Zerbst has established the Robert H. Zerbst MBA Scholarship
Fund with a gift commitment of $100,000. Bob is a multiple-degree recipient
at Ohio State and received his PhD from Fisher in 1974.
• Greif, Inc. has committed $90,000 for a Greif Fellowship in the Center for
Entrepreneurship. The Greif Fellow will work with the center’s director to
develop and launch the Technology Entrepreneurship and Commercialization
(TEC) Institute. TEC Institute will work with community partners to identify live
technologies with the most viable commercial potential.
Fisher celebrates the Fifth Annual Women in Operations Excellence Forum.
Operations Excellence
Fisher’s Center for Operational Excellence (COE) welcomed back previous keynote
speakers for the Fifth Annual Women in Operations Excellence Forum. Cheryl Jones, Toyota
Motor Sales’ first female executive and nationally recognized automotive industry executive,
shared her success in overcoming barriers in the manufacturing industry at this year’s event.
Seated (from left): Mary Ellen Sheets, founder of Two Men and a Truck Inc., and Carol
Christobek, manager of enterprise optimization for Ashland Inc.; Standing (from left): Peg
Pennington, COE director of continuous improvement; Donna J. Demerling, senior vice
president of quality and Lean Six Sigma at The Timken Company; Jan Santerre, vice president
of lean enterprise for Parker Hannifin Corporation; Cheryl Jones, vice president of manufacturing
for Toyota Motor Sales in Kentucky; and Nancy Lahmers, COE administrative director.
Mary Jo Stolle Cropper, Robert Cropper, Spence Cropper, and Amy
Cropper Settlemyre have given $250,000 to establish the Cropper
Family Graduate Support Fund, which will support fellowships for
graduate students. The Stolle and Cropper families (pictured above)
have a long tradition of giving to Ohio State, and have established
several other funds that benefit undergraduates as well as faculty
and staff initiatives.
• StrateSphere has pledged a gift of $25,000 to support the Center for
Entrepreneurship’s Fisher Venture Fellows program. Fisher Venture Fellows
are talented MBAs who work with entrepreneurial firms on real-world
projects. The Fellows gain valuable experience and network with senior
executives and successful entrepreneurs.
Bridging Language and Business
The art of integrating business and language skills was the focus of Fisher’s
national conference which drew educators, business, and language professionals as well as
representatives from 31 Centers for International Business Education and Research (CIBER)
from across the country to campus. Organized by CIBER in partnership with Ohio State’s
foreign language departments, the successful spring symposium discussed best practices in
interdisciplinary and applied business, foreign language curricula, cross-cultural opportunities,
study abroad and international internships, and faculty development.
Due in large part to the generosity of donors, more than 60 percent of Fisher MBAs receive scholarships, fellowships, and/or graduate assistantships.
RESEARCH CENTERS
GIVING REPORT
page 32
page 33
Fisher global impact
Corporate and Foundation Support
The Hillsdale Fund has established a $50,000 gift to support the development and implementation of a pilot
social enterprise training program, which advances the skills and effectiveness of nonprofit leaders through
custom curriculum and business principles.
Innovation Fund Support
Innovation Fund activities enable the dean to provide strategic support for faculty, students, and staff
by promoting quality teaching, research, and community involvement. Endowments established last
year include:
• The Bettina and James B. Emden Innovation Projects Fund, established by James B. Emden
• The Richard and Elizabeth Goertemiller Dean’s Innovation Fund, established by Richard H. (BSBA ‘50) and
Elizabeth Waddle Goertemiller (BSBA ‘50)
• The Gail Norris Dean’s Innovation Fund, established by Gail Stolle Norris
• The Lawrence and Julia Pollock Dean’s Innovation Fund, established by Lawrence I. (BSBA ‘69) and
Julia L. Pollock
Deferred Gifts
Graduate Support
• Corbett A. Price has established the Corbett Price Scholarship Fund with gifts of more than $550,000.
The fund will provide graduate scholarships to incoming minority students. Price is a member of the
Dean’s Advisory Council and The Ohio State University Foundation Board.
• A new scholarship in honor of Management Sciences Professor Emeritus William L. Berry has been
established to support MBA students pursuing careers in operations management. Berry served as the
Richard M. Ross Chair in Management and co-director of the Center for Operational Excellence (COE)
during his 40-year career.
William L. Berry
• The René Stulz Scholar Development Fund, supported by friends and colleagues of Stulz, the Everett D.
Reese Chair of Banking and Monetary Economics, recognizes finance PhD students who are on their way
to making significant scholarly contributions in the field. This year’s award recipients are Roger Loh and
Angie Low.
• Through a unique agreement with a private developer, Fisher Commons offers an upscale MBA livinglearning environment for select students. The luxury housing is located on the western edge of Ohio
State’s campus close to parks, recreation facilities, shopping, and the Fisher campus. The one-of-a-kind
community enables students to live, work, and study together while offering on-site activities that
complement and enhance classroom learning.
Estate gifts enable donors to leave a lasting legacy while providing Fisher with continued support. Last year’s
gifts included:
• A $233,000 gift received from the estate of Edward C. “Danny” (BSBA ‘34) and Ann C. Danford to support
emerging college priorities and key initiatives
• An estate gift established by David E. Robinson (BSBA ‘67) and Jean Ann Kaufman to Fisher’s finance
department
Undergraduate Support
Lawrence Funderburke (BSBA ‘94) has established two endowment funds at the college and university in
support of minority and other underrepresented students. He received Fisher’s Diversity Award in recognition
of his commitment, through the Lawrence Funderburke Youth Organization, to educating youth through
financial literacy programs.
This past year, the college also established the following funds:
•The George Family Scholarship Fund, established by John C. George (BSBA ‘77), which supports an
incoming freshman who has graduated from Lebanon High School in Lebanon, Ohio
•The David and Ellen Stafman Scholarship Fund, established by David (BSBA ‘79) and Ellen Stafman, which
provides scholarships with preference to out-of-state students with financial need
•The Larry L. Langdon Scholarship Fund, established by Larry R. Langdon (BSBA ‘59 and JD ‘61), which
provides scholarship support to an undergraduate student
Fisher Commons offers graduate students upscale campus living while providing them with unique opportunities to interact with leading executives,
successful alumni, and renowned faculty.
GIVING REPORT
GIVING REPORT
page 34
page 35
Fisher global impact
Dean’s Advisory Council
Financials
Sources and Uses of Funds
Current Sources
2006
2007
Current Sources
General Funds
38,319,096
40,488,770
70.6%
Earnings
2,823,596
3,958,461
6.9%
Endowment Income/Current Use Gifts
10,410,203
10,855,610
18.9%
Grants and Contracts
1,887,666
1,476,535
2.6%
Research Foundation (OSURF)
562,969
570,715
1.0%
Total Current Sources
54,003,530
57,350,091
100.0%
Net Carry Forward
18,771,913
20,303,718
35.4%
Total Sources
72,775,443
77,653,809
135.4%
Current Uses
Personnel
26,312,019
28,054,558
48.9%
Benefits
9,279,003
10,057,269
17.5%
Supplies and Services 9,124,272
8,958,864
15.6%
Equipment
749,044
723,940
1.3%
Other
124,146
197,919
0.3%
Total Current Uses
45,588,484
47,992,550
83.7%
Deductions and Transfers 6,037,333
3,497,893
83.7%
Total Uses
51,625,817
51,490,443
89.8%
Current Sources Less Total Uses
2,377,713 5,859,648
10.2%
Comparison of Sources
1997
0% Grants and Research 3%
Endowment and
18% Current Use Funds 19%
● Grants and Research 7% Earnings 7%
● General Funds
75% General Funds 71%
Endowment Market Value
Gifts establishing endowments remain a cornerstone of Fisher’s
ability to create and sustain a quality educational experience. Since
1997, the endowment has risen $78.5 million. The college effectively
uses these funds in accordance with our donors’ intent to attract
and retain outstanding faculty, students, and staff to develop new
programs and to support vital student scholarships and fellowships.
Ray J. Groves
Chairman and CEO (Retired)
Ernst & Young
Carl A. Nelson, Jr.
Managing Partner (Retired)
Arthur Andersen
David I. Beatson
CEO
GlobalWare Solutions
Malcolm J. Gudis
Chairman and CEO
Second Tranché Investments
Lionel L. Nowell III
Senior Vice President and Treasurer
PepsiCo Inc.
Dr. J. A. “Fred” Brothers
Executive Vice President (Retired)
Ashland Inc.
Sandra W. Harbrecht
President
Paul Werth Associates, Inc.
James G. “Jim” Oates
President (Retired)
Leo Burnett Worldwide
Kenneth L. Coleman
Chairman of the Board
Accelrys, Inc.
Karen L. Hendricks
Trustee
The Ohio State University
James J. O’Brien
Chairman and CEO
Ashland Inc.
Christopher M. Connor
Chairman, President and CEO
The Sherwin-Williams Company
Lawrence A. Hilsheimer
Vice Chairman and Regional
Managing Partner
Deloitte & Touche USA LLP
Ed L. Overmyer
Chairman
Hilb Rogal & Hobbs
Tanny Crane
President and CEO
Crane Group Company
Clayton C. Daley, Jr.
CFO
Procter & Gamble
Jonathon S. Eesley
Vice-President and Financial Advisor
Bernstein Global Wealth Management
Dr. Ruann F. Ernst
President and CEO (Retired)
Digital Island
Robert M. Eversole
Principal
Stonehenge Partners, Inc.
2007
Fiscal Year William E. Arthur
Chairman
Broad Street Financial
● Endowment and Current Use Funds
● Earnings John F. Finn
President and CEO
Gardner Inc.
Phillip W. Fisher
Principal
The Fisher Group
Sander A. Flaum
Managing Partner
Flaum Partners, Inc.
$140,000,000
W. G. “Gary” Fleming, Jr.
Director
Liati Group LLC
$120,000,000
$100,000,000
John B. “Jay” Gerlach, Jr.
Chairman and CEO
Lancaster Colony Corporation
$80,000,000
Mark R. Goldston
Chairman, CEO and President
United Online
$60,000,000
$40,000,000
Thomas R. Green
Chairman and CEO
Lancaster Pollard and Co.
$20,000,000
$0
1997
W. G. “Jerry” Jurgensen
CEO
Nationwide
Jerome L. Katz
Senior Managing Director (Retired)
Jerome L. Katz and Partners, LLC
Jeffrey D. Kelly
Vice Chairman and CFO
National City Corp.
William C. Killgallon
Chairman and CEO
The Ohio Art Company
Charles Klatskin
Chairman
Lee & Klatskin Associates
Holly Keller Koeppel
Executive Vice President and CFO
American Electric Power
Dr. David T. Kollat
President
22, Incorporated
Corbett A. Price
Chairman and CEO
Kurron Inc.
David A. Rismiller
Chairman, President and CEO (Retired)
FirsTier Financial, Inc.
Jeffrey R. Rodek
Executive Chairman (Retired)
Hyperion Solutions Corp.
John A. Russell
President
Competitive Communication Partners
Robert H. Schottenstein
President, Chairman, and CEO
M/I Homes, Inc.
Donald B. Shackelford
Chairman
Fifth Third Bank, Central Ohio
John M. Shepherd
CEO
Shepherd Chemical Company
Dr. Patrick J. Martin
Chairman, President and CEO (Retired)
Storage Technology Corporation
George Sladoje
Chairman
North American Energy Credit and Clearing
Corporation
Timothy A. Michael
Principal
Michael Freres & Associates
Charles R. Webb
Chairman
Ernst & Webb, LLC
Elizabeth Aston Mily
Managing Director
Investment Banking Division
Goldman Sachs
Paul T. Yin
President
Dah Chung Industrial Co., Ltd.
Martin C. Murrer
Managing Director
Sagent Advisors, Inc.
Elizabeth Mily
Jim Oates
Gordon B. Zacks
Senior Chairman of the Board (Retired)
R.G. Barry Corporation
2007
FINANCIALS
DEAN’S ADVISORY COUNCIL
page 36
page 37
Fisher global impact
Faculty and Administration
College Administration
Stephen L. Mangum
Acting Dean and Senior Associate Dean,
Academic Programs
David B. Greenberger
Academic Director, Computing and
Communications Services
Stephen M. Hills
Academic Director, International Programs
Donna Hobart
Executive Director, Business and Finance
Susan L. Josephs
Associate Dean, Educational and
Professional Development
H. Rao Unnava
Associate Dean,
Undergraduate Programs
René M. Stulz
Everett D. Reese Chair of Banking
and Monetary Economics
Ingrid M. Werner
Academic Director, PhD Programs
H. Rao Unnava
W. Arthur Cullman Professorship
in Marketing
Karen Hopper Wruck
Associate Dean, MBA Programs
Endowed and Designated Chairs
and Professors
Greg M. Allenby
Helen C. Kurtz Chair in Marketing
Anil Arya
John J. Gerlach Chair in Accounting
Anne Lueneburger
Associate to the Dean,
Academic Programs
Jay B. Barney
Chase Chair for Excellence in
Corporate Strategy
Anil K. Makhija
Associate Dean, Executive Programs
Anne L. Beatty
Deloitte and Touche Chair
in Accounting
James D. Miller
Executive Director & Associate
to the Dean, Development and External Affairs
Carol L. Newcomb
Executive Director, Executive Education
Jeffrey D. Rice
Executive Director, Career Services
David Smith
Executive Director, Graduate Programs
Melissa Torres
Director, International Programs
H. Rao Unnava
Associate Dean, Undergraduate Programs
Karen Hopper Wruck
Associate Dean, MBA Programs
Jay Yutzey
Executive Director,
Undergraduate Programs
Academic Programs
Leslie M. Fine
Academic Director, EMBA Track
Robert L. Heneman
Academic Director, MLHR Program
Daniel L. Jensen
Academic Director, MAcc Program
David Schilling
Academic Director,
General Business Major
Nancy K. Lahmers
JD, University of Akron
Bernadette A. Minton
PhD, University of Chicago
Daniel Oglevee
MBA, The Ohio State University
Peter T. Ward
Richard M. Ross Chair
in Management
John C. Persons
PhD, University of Chicago
N. Williamson Rives, Jr
PhD, Duke University
Ingrid M. Werner
Martin and Andrew Murrer
Professorship in Finance
René M. Stulz
PhD, Massachusetts Institute
of Technology
Karen Hopper Wruck
Dean’s Distinguished Professor
Paul Weinstock
JD, Boston University Law School
Search Underway
John W. Galbreath Chair
in Real Estate
Ingrid M. Werner
PhD, University of Rochester
Search Underway
Ralph W. Kurtz
Chair in Finance
W.C. Benton
Edwin D. Dodd
Professorship in Management
Faculty by Department
John C. Fellingham
H.P. Wolfe Chair in Accounting
and Ethics
Karen Hopper Wruck
PhD, University of Rochester
Fisher faculty Anil Makhija, associate dean for executive education, and Ingrid Werner,
academic director for the PhD program.
Management and
Human Resources
J. Richard Dietrich, Chair
PhD, Carnegie-Mellon University
Prakash Mulchandani
MAcc, The Ohio State University
Teresa J. Ziegler
MBA, The Ohio State University
David B. Greenberger, Chair
PhD, University of Wisconsin,
Madison
Jennifer Altamuro
PhD, Pennsylvania State University
Richard J. Murdock
PhD, Cornell University
Finance
Joseph A. Alutto
PhD, Cornell University
Anil Arya
PhD, University of Iowa
Shailendra (Shail) Pandit
PhD, University of Rochester
Anil K. Makhija, Chair
PhD, University of Wisconsin, Madison
Sharon A. Alvarez
PhD, University of Colorado, Boulder
Douglas M. Lambert
Raymond E. Mason Chair in
Transportation and Logistics
Anne L. Beatty
PhD, Massachusetts Institute
of Technology
William A. Raabe
PhD, University of Illinois
Deborah A. Ballam
JD, PhD, The Ohio State University
Jaideep (Jay) Anand
PhD, University of Pennsylvania
Robert P. Leone
Berry Chair in New Technologies
in Marketing
Pai-Cheng (P.C.) Chu
PhD, University of Texas
Douglas A. Schroeder
PhD, University of Kansas
John D. Blackburn
JD, University of Cincinnati
Marc Ankerman
MA, Wayne State University
Eric E. Spires
PhD, University of Illinois
Henrik Cronqvist
PhD, University of Chicago
Jay B. Barney
PhD, Yale University
Lawrence A. Tomassini
PhD, University of California,
Los Angeles
Karl B. Diether
PhD, University of Chicago
Venkat Bendapudi
PhD, University of Kansas, Lawrence
Patrick Turner, CPA
BS, The Ohio State University
Isil Erel
PhD, Massachusetts Institute
of Technology
Mikelle Calhoun
PhD, New York University
Rick M. Johnston
PhD, University of Pennsylvania
David E. Wallin
PhD, University of Arizona
Rüdiger Fahlenbrach
PhD, University of Pennsylvania
James C. Kinard
PhD, Stanford University
David D. Williams
PhD, Pennsylvania State University
Kewei Hou
PhD, University of Chicago
Raymond J. Krasniewski
Emeritus, PhD, Purdue University
Richard A. Young
PhD, The Ohio State University
G. Andrew Karolyi
PhD, University of Chicago
Waleed A. Muhanna
PhD, University of Wisconsin, Madison
Haiwan (Helen) Zhang
PhD, University of Minnesota
Robert Kimmel
PhD, University of Chicago
G. Andrew Karolyi
Charles R. Webb
Designated Professorship
in Finance
Roy J. Lewicki
Irving Abramowitz Memorial Professorship,
Business Policy
Anil K. Makhija
David A. Rismiller Professorship
in Finance
Raymond A. Noe
Robert and Anne Hoyt Designated
Professorship in Management
Oded Shenkar
Ford Motor Company Chair
in Global Business Management
Accounting and MIS
John C. Fellingham
PhD, University of California,
Los Angeles
Daniel L. Jensen
Emeritus, PhD,
The Ohio State University
S. Michael Camp
PhD, The Ohio State University
Benjamin A. Campbell*
PhD, University of California, Berkeley
Jay Dial
PhD, Harvard University
Jill E. Ellingson
PhD, University of Minnesota
FACULTY AND
ADMINISTRATION
FACULTY AND
ADMINISTRATION
page 38
page 39
Jeffrey D. Ford
PhD, The Ohio State University
William L. Berry
Emeritus, DBA, Harvard University
Robert L. Heneman
PhD, Michigan State University
Mark A. Christobek
PhD, Temple University
Stephen M. Hills
PhD, University of Wisconsin, Madison
John R. Current
PhD, Johns Hopkins University
Larry Inks
PhD, The Ohio State University
Steven M. Dickstein
MBA, Rutgers University
Susan L. Josephs
MA, University of Warwick Coventry, England
John Gray
PhD, University of North Carolina
P. Konstantina Kiousis
PhD, University of California, Los Angeles
Nicholas G. Hall
PhD, University of California, Berkeley
Howard J. Klein
PhD, Michigan State University
James A. Hill
PhD, The Ohio State University
Michael J. Leiblein
PhD, Purdue University
Andrea M. Prud’homme*
PhD, Michigan State University
Roy J. Lewicki
PhD, Columbia University
David A. Schilling
PhD, John Hopkins University
Robert B. Lount, Jr.*
PhD, Northwestern University
Bonnie Schroeder
MS, Purdue University
Mona Verma Makhija
PhD, University of Wisconsin, Madison
Marketing and Logistics
Stephen L. Mangum
PhD, George Washington University
Robert A. Burnkrant, Chair
PhD, University of Illinois
Raymond A. Noe
PhD, Michigan State University
Greg A. Allenby
PhD, University of Chicago
Jeffrey R. Rodek*
MBA, The Ohio State University
Neeli M. Bendapudi
PhD, University of Kansas, Lawrence
Anthony Rucci
PhD, Bowling Green State University
David Cahill
PhD, WHU Otto Beisheim School
of Management
Marcus H. Sandver
PhD, University of Wisconsin, Madison
Oded Shenkar
PhD, Columbia University
Judith W. Tansky
PhD, The Ohio State University
Sharon James Wade
PhD, University of Minnesota
Steffanie L. Wilk
PhD, University of Minnesota
Management Sciences
Peter T. Ward, Chair
DBA, Boston University
W.C. Benton, Jr.
DBA, Indiana University
FACULTY AND
ADMINISTRATION
page 40
Martha C. Cooper
PhD, The Ohio State University
Keely L. Croxton
PhD, Massachusetts Institute of Technology
Leslie M. Fine
PhD, University of Tennessee
James L. Ginter
Emeritus, PhD, Purdue University
Curtis P. Haugtvedt
PhD, University of Missouri, Columbia
A. Michael Knemeyer
PhD, University of Maryland
Bernard J. La Londe
Emeritus, PhD, Michigan State University
Douglas M. Lambert
PhD, The Ohio State University
Fisher staff David Harrison, director of minority services;
Carol Newcomb, director of executive education; and Jeff
Rice, director of career services.
Robert P. Leone
PhD, Purdue University
Shashi Matta
PhD, University of Southern California
H. Lee Matthews
PhD, The Ohio State University
D. Terry Paul
DA, The Ohio State University
Larry Robinson
PhD, The Ohio State University
John P. Saldanha
PhD, Pennsylvania State University
Travis Tokar
PhD, University of Arkansas
H. Rao Unnava
PhD, The Ohio State University
Vasu Unnava
PhD, The Ohio State University
Patricia M. West
PhD, University of Chicago
Walter Zinn
PhD, Michigan State University
* denotes new faculty