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Kelley School of Business Indiana University Bloomington
Kelley School of Business

IU Kelley School announces its second class of Conrad Prebys Scholars

Posted on by George Vlahakis

Prebys Scholars: Top row, left to right: Oluseyi Alege, Zoee Carreon and Aiden Gonzalez; second row: Baudelio Lozano, Ugo O’Gonuwe and Andrea Roman. Not pictured: Jacob Davis, Jacob Moran and Jordan Nouri

BLOOMINGTON, Ind. – The Indiana University Kelley School of Business announced the second class of  Conrad Prebys Scholars, who began their studies this fall.

Entering freshmen who applied to IU and were directly admitted to the Kelley School were eligible. Preference was given to students who are traditionally underrepresented in the field of business. Students receive partial funding toward standard tuition and fees and other support in the form of an advisor and a Kelley student mentor.

The Prebys Scholars program was established as part of a $20 million gift in 2015. His gift also supported the construction of the Conrad Prebys Career Services Center at Kelley and an outdoor amphitheater for musical and theatrical productions across campus, also named for Prebys, an alumnus and real estate developer who passed away in 2016. (more…)

Kelley professor’s research on how positive social change can result from entrepreneurial activities receives top honor

Posted on by George Vlahakis

Sophie Bacq

BLOOMINGTON, Ind. — Sophie Bacq, associate professor of management and entrepreneurship at the Indiana University Kelley School of Business, has received a top honor for her research from the Academy of Management.

Bacq, who also is an Institute for Entrepreneurship & Competitive Enterprise Faculty Fellow, shared the 2020 Academy of Management Perspectives Best Article Award with G.T Lumpkin of the University of Oklahoma. Their 2019 article, “Civic Wealth Creation: A New View of Stakeholder Engagement and Societal Impact,” was chosen after a rigorously review process by an independent committee that read papers published in 2019 and polled the members of the journal’s editorial review board.

In her article, she and Lumpkin examined how positive societal change happens when community members, supporters and entrepreneurially minded agents come together to aggregate resources and build new capacities. Their paper included a new “civic wealth creation framework” that provides another way to view societal impact.

Their “framework to understand societal impact shifts the conversation to a ‘civic’ level of analysis that captures the variety of local settings where many societal change initiatives take place — in neighborhoods, villages and communities where the people who are being helped are intimately involved in creating and implementing the solutions,” they wrote in the abstract to their paper.

“Civic wealth extends beyond the material resources and physical assets of a community to include intangibles such as health, happiness, and social justice.”

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Kelley Full-Time MBA Program remains a top 20 program in the U.S. in QS Global MBA Rankings

Posted on by George Vlahakis

 

BLOOMINGTON, Ind. – Amid strong competition from around the world, graduate business programs at Indiana University’s Kelley School of Business continue to be ranked among the best in the country and the world, according to Quacquarelli Symonds, which published its 2021 Global MBA Rankings on Sept. 30.

Kelley’s Full-Time MBA Program remains in the top 20 among U.S. programs with a No. 19 ranking and a top 40 program worldwide (38th globally). These rankings came at a time when the number of accredited business programs continues to grow outside the United States, particularly in Asia.

For example, in 2012 there were 13 schools in China accredited by the Association to Advance Collegiate Schools of Business. Today, there are 39 schools in QS’ Global MBA Rankings. European programs are seeing similar growth.

This is the biggest ranking of accredited international MBA programs in the world. QS ranked the most MBA programs ever, 258, and collected nearly 25 percent in additional data on schools at 40 study destinations. It surveyed nearly 70,000 employers and academics. A year ago, QS ranked 240 programs. The company also produces the prestigious World University Rankings.

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Faculty at Kelley and IU help organize the Midwest Climate Summit; public welcome to attend virtual kick-off event Oct. 2

Posted on by George Vlahakis

 

BLOOMINGTON, Ind. – Indiana University and its Kelley School of Business are joining more than 20 leading Midwestern higher education institutions, non-profits and local governments convening to develop a Midwestern response to the climate crisis.

To accelerate climate action in the short term, the Midwest Climate Summit on Friday, Oct. 2 will present a series of virtual keynotes and workshops, which organizers hope will set the stage for ambitious activities with partner organizations in the spring.

Kelly Eskew

Kelly Eskew, clinical professor of business law and ethics at Kelley, is on the steering committee, along with Janet McCabe, professor of practice at the IU McKinney School of Law and director of IU’s Environmental Resilience Institute; and IU student Izzy Diagostino, program coordinator for the Integrated Program in the Environment.

The Think Tank Kick-Off will take place from 11 a.m. to 1:30 p.m. (EDT) and will feature as keynote speaker Robert Bullard, an internationally-renowned, award-winning environmental researcher, scholar and author. He has been called “the Father of Environmental Justice” and is the former dean of the Barbara Jordan-Mickey Leland School of Public Affairs at Texas Southern University. (more…)

The days of the ‘corporate retreat’ are over; Kelley professor’s new book encourages more people to get involved in the strategic process

Posted on by George Vlahakis

BLOOMINGTON, Ind. – In the introduction to his new book, Greg Fisher and his co-authors note that strategy used to be the domain of only those at the very top of an organization. Many would attend management retreats and forget what was discussed soon afterward, much like unfulfilled New Year’s resolutions.

“It used to be that strategy happened at off-site retreats, often coupled with golf, cigars and scotch. It used to be that strategy was only discussed as part of an annual planning cycle … was about grand, long-term plans that stretched way into the future,” they wrote. “Strategy was largely cerebral.”

Fisher, the Larry and Barbara Sharpf Professor and an associate professor of entrepreneurship at the IU Kelley School of Business, says those days are over. Even before the Covid-19 pandemic began seemingly disrupting every aspect of life, including business processes, the rapid pace of social change meant that companies could no longer wait or slowly adjust.

His book, “Strategy in 3D: Essential Tools to Diagnose, Decide & Deliver (Oxford University Press),” co-authored with two former Kelley School faculty members, presents insights into how companies can broaden and include more people in the strategic process.

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‘The Commons,’ a Kelley-wide initiative, begins with reading of ‘How to Be an Antiracist’

Posted on by George Vlahakis

BLOOMINGTON AND INDIANAPOLIS — Idalene “Idie” Kesner, dean of the Indiana University Kelley School of Business, has announced the next step in a broad initiative to creating thoughtful conversations about diversity, equity and inclusion. On Sept. 10, Kelley students, faculty and staff at IU Bloomington and IUPUI were asked to participate in “The Commons,” an effort to foster better understanding during the 2020-2021 academic year.

Each month, Kesner will announce a selection that students, faculty, and staff are encouraged to read, watch, or listen to on their own. At the end of the month, she will host a panel discussion about it with special guests that might include members of the Kelley community, experts from Indiana University, professionals from Kelley’s hiring companies, and local leaders.

Topics may include racism, immigration, LGBTQ+ issues, indigenous Americans, people with disabilities and cultural differences. Selections will include films in addition to books.

Her first selection for September is the 2019 New York Times best selling book “How to Be an Antiracist,” by Ibram X. Kendi. It is available as a free e-book to students, faculty and staff through IU Libraries. The first panel discussion will take place virtually on Sept. 30. All degree-seeking undergraduate, graduate and online MBA and MS students are invited to participate. Panelists will be:

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Ethical leadership necessary for the continuance of American democracy, writes former congresswoman and Kelley alumna in new book

Posted on by George Vlahakis

Lee Hamilton, Leon Panetta, Marcy Kaptur, Paul Helmke and Richard Painter joining Jill Long Thompson at book’s launch

 

BLOOMINGTON, Ind. – In the introduction to her new book, former Indiana congresswoman Jill Long Thompson tells the story of a dinner invitation from a powerful committee chairman to illustrate the importance of ethics to the future of American democracy.

“It was clear to me that none of the other members of Congress at the table that evening thought it was inappropriate for lobbyists to buy them dinner. They apparently saw no conflict of interest,” said Long Thompson, who chose to join the private dinner but opted only to drink a diet soft drink and reimbursed the host the next day.

The powerful committee chair that evening later was convicted on corruption charges and served prison time. “To this day, I believe he was a genuinely decent man, but he was human … Like many people he probably had never taken the time to seriously and diligently reflect on what constitutes ethical behavior,” she said. “Without ethics, democracy cannot survive.”

Long Thompson, who earned her MBA and doctorate from the Indiana University Kelley School of Business, has drawn upon experiences from her distinguished career in public service to teach at the business school and at the O’Neill School of Public and Environmental Affairs.

Her book, “The Character of American Democracy: Preserving Our Past, Protecting our Future (Indiana University Press),” will be published Sept. 15. Her colleagues for the last five years in Kelley’s Department of Business Law and Ethics and IU Press are co-hosting a virtual book launch that day from 4 to 5 p.m.

She will be joined in conversations by special guests, including Lee Hamilton, Distinguished Scholar and professor of practice in the Hamilton-Lugar School of Global and International Studies; Leon Panetta, former CIA director, secretary of defense and chief of staff to President Bill Clinton; Paul Helmke, professor of practice and director of the Civic Leaders Center in the O’Neill School; U.S. Rep. Marcy Kaptur, D-Ohio; and Richard Painter, the S. Walter Richey Professor of Corporate Law at the University of Minnesota. Registration is required.

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Business Law and Ethics faculty return from Academy of Legal Studies in Business conference with top honors

Posted on by George Vlahakis

BLOOMINGTON, Ind. – The annual conference of the Academy of Legal Studies in Business may have been held virtually this year, but one constant feature remained – high honors for business law faculty at the Indiana University Kelley School of Business.

Nathaniel Grow

Three professors – Nathaniel Grow, Jennifer Pacella and Abbey Stemler – were the recipients of numerous awards. Avanti Cheruvallath, a senior studying finance, marketing and professional sales, also was honored as the winner of the Student Paper Competition.

“The conference has shown why Kelley BLE is leading the discipline in every facet,” said Jamie Prenkert, associate dean of academics and the Charles M. Hewitt Professor of Business Law.

“I sat in on presentation after presentation, panel after panel featuring colleagues who were just hitting it out of the park. Without exception, I was blown away by the depth and breadth of the expertise we have in this department and the excellence that each of you exudes,” Prenkert said in a note to faculty. (more…)

Kelley alumnus fires up his 3D printers and a national network of others like him to create respirator shields for COVID-19 first responders

Posted on by George Vlahakis

 

BLOOMINGTON, Ind. – This spring, as everyone was beginning to understand the devastating public health crisis of the COVID-19 pandemic, Jeremy and Amy Filko were like many Americans. They felt helpless. They supported passive efforts to flatten the curve, such as wearing masks, social distancing and supporting the lockdown, but wished they could do more.

But when Jeremy Filko, an alumnus of the Indiana University Kelley School of Business, looked at their 3D printer, he saw potential. A device that previously had been used as a hobby to fabricate a replica of the starship Enterprise from “Star Trek” for a friend and containers for leftovers could be used to make something helpful for medical workers, he reasoned.

Not only did the Vienna, Va., couple begin producing 3D plastic respirator shields for doctors, nurses and other first responders during the initial shortage, but they also launched the non-profit Collective Shield and a network of like-minded people in the “maker” community worldwide to do the same thing. Their shield designs today are being replicated all over the world.

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School-wide committee appointed to address issues of diversity, equity and inclusion at Kelley

Posted on by George Vlahakis

 

BLOOMINGTON, Ind. – Idalene “Idie” Kesner, dean of the Indiana University Kelley School of Business, has announced a broad initiative to address issues of diversity, equity and inclusion.

Kesner on Aug. 17 announced the appointment of a school-wide committee, chaired by Jason Brown, associate professor of accounting (pictured left), that will include students, faculty and staff. The committee, which was originally established at the end of July, has been given a mission to “examine our systems, structures, and curricula for unconscious biases and opportunities to foster a culture of inclusion and respect.”

“Although Kelley has made steady gains in the recruitment and retention of diverse students, the recent racial injustices and protests across the country and in our own back yard have shown us our efforts don’t go nearly deep enough,” Kesner said. “We need to address systemic racism, prejudice and privilege, and to prepare our students to be anti-racist business leaders. To do that, we need the kind of change that can be made only through critical assessment and difficult conversations.”

“The committee and I are excited to begin this important work at Kelley,” Brown added. “We are inspired by the support that we have received from the entire Kelley community. Working with the committee in partnership with students, faculty and staff, I am confident that we will further Kelley’s commitment to a fully inclusive community.”

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