The University of St. Thomas

The Class of 2012

“Never doubt that a small group of thoughtful, committed people can change the world. Indeed, it is the only thing that ever has.” Margaret Mead

It was August 2010 when the Class of 2012 started their Full-time MBA program at UST. This would also mark my 2-month anniversary of employment in the MBA program office. Over the next 2 years I would see a transformation, not only in the students, but also in myself as we progressed through this program together. We started out together, not really knowing what to expect from this experience. Looking around the room at the group of 40 students I felt an immediate connection to them. I had gotten to know some of them a little bit over the summer and then all at once, here they were ready to take on a brand new experience that would change their world forever.

I was impressed with this group of students just from reading their admission applications, but you don’t truly get to know someone until you spend time talking with them in the hallways, the elevators, and the place we all called home, the MBA Commons. I learned about families, about their dreams for the future, their struggles with managing their time and thoughts about where they would be after graduation. Every semester brought with it a new experience, from Launch to Links to ABR projects that seemed to last an eternity. But they all made it through, completed their summer internships and they are now in the final days of their MBA program.

I’ve worked in graduate student affairs for over 20 years and I have to say that I made the strongest connection with this group of MBA students than I ever have before. Their dedication, their drive and their commitment to do things right was astounding. These students excelled at everything they tried; they won case competitions, they completed community service projects, they mentored students, and they consistently stayed together and supported one another through it all. I have to say I wasn’t surprised when this class had 100% participation in their class gift drive. This is one special group of students.

As I read their names at the commencement ceremony next week, I can honestly say that each one of them has made a lasting impression on me. I’ll be watching as they take on new roles in their careers and make lasting impressions on those they meet. I’m pretty confident in saying this small group of thoughtful, committed people WILL change the world.

Published on: Thursday, May 10th, 2012

Congratulations to our ACG Cup Finalists

The championship round of the ACG MN Cup was held on Thursday, February 9. The University of St. Thomas team of Brett Wong, Gurkan Peksoz, Ted Long, Bhakti Raicha, and Kyle Jorgenson brought home the 2nd place prize. Each team had 7 days to work on their case study prior to the final round. They had 20 minutes to present their recommendations to the judges and questions could be asked at any time. The long hours of preparation paid off for our teams, they had impeccable data, presented their findings to the judges with confidence and persuasion and represented St. Thomas well. We’re proud of you! Congratulations!

Published on: Friday, February 10th, 2012

Wall of Failure

Traffic FlowOdd title for a business school blog post, isn’t it?  Well, when I read Jeff Stibel’s blog “Why I Hire People Who Fail” from the HBR Blog Network http://blogs.hbr.org/cs/2011/12/why_i_hire_people_who_fail.html,   I was intrigued by his approach to creating a “company culture where employees can take risks without fear of reprisal”.  He selected a wall in the break room at work and painted it with inspirational quotes on failure.  His examples include:

“Success is going from failure to failure without loss of enthusiasm” – Winston Churchill

“I have not failed, I’ve just found ten thousand ways that won’t work” – Thomas Edison

“Mistakes are part of the dues one pays for a full life” – Sophia Loren

Included on this wall were these instructions for his employees:  1) Describe a time when you failed, 2) state what you learned, and 3) sign your name.     

Writing on the wall was optional, but it filled up quickly.  Some shared life lessons, others were financial mistakes and some were quite funny.   “When you make a mistake, you’re forced to look back and find out exactly where you went wrong, and formulate a new plan for your next attempt”, Jeff states.   “Mistakes are the predecessors to both innovation and success, so it is important to celebrate mistakes as a central component of any culture”.    

Jeff goes on to say that “…cultures are not created or defined by executives; they evolve around the people who make up a company.”  He has an interesting perspective on failure and its related successes in his blog and one that not everyone will agree with.  However, it does give us something to think about when considering our future career path and the company culture in which we will thrive.

Published on: Wednesday, December 14th, 2011

Ask The Ethics Officer – Embellishing Your Resume

Dear Ethics Officer,

I overheard a colleague saying that she often “embellished” on her resume about her experience and that it helped her to steadily improve her career.  She said that she could embellish because she could always learn the skill once she started her job.  Is embellishing on your resume okay and are there any consequences if a lie is discovered?

Sincerely,
Not Embellishing

Dear Not Embellishing,

As people look for internships or jobs we try to shine the best possible light on all of our skills and abilities.  Our career coaches help us to clearly articulate the benefit of our past experiences to our future employers.  But when it comes to ‘embellishing’ or stretching the truth, our resumes could end our chances of getting the job. 

Companies spend a lot of time and money conducting searches for the best people to hire.  These companies are going to work hard to make sure that all of the candidates are being honest about their experiences.  Your colleague may have gotten the job based on lies before, but chances are they have also lost opportunities.  According to a study conducted in 2004 by the Society for Human Resource Management (SHRM), 96% of HR professionals always complete a reference check[1].  A reference check can include verification of employment dates, job duties, or education.  According to the survey, higher-level positions will be checked more frequently, so as your colleague goes from non-management to management positions, it is more likely that her experience and background will be checked. 

Consequences for lying on a resume are severe.  If a person simply misrepresented their experience, the person could be removed from consideration or fired.  Ronald Zarrella, the former CEO of Bausch + Lomb, lied on his resume stating that he had an MBA from NYU’s Stern School of Business.  He actually left business school early, never receiving the degree.  The stocks of Bausch + Lomb plummeted when the scandal broke. [2] 

The fraudulent activity stated here might be more severe than your colleague is alluding to, however, the consequences for her career can be just as devastating.  The business community in the Twin Cities is small and tight-knit.  Embarrassment from not knowing the embellished skill is the least of your colleague’s troubles; her reputation could be permanently damaged.

Your colleague shouldn’t only look at the consequences of her actions on her job search but also on her own character.  Honesty and frankness are often cited as character traits that are coveted.  Small lies can feel insignificant but can accumulate and she could begin to rationalize the use of bigger lies. 

We can avoid feeling like we need to lie on our resumes by gaining transferrable skills when you are at UST.  Consider taking on leadership roles in campus organizations.  Improve your public speaking skills by competing in a case competition.  Attend the Master Pubs and Exchange events and network with the community around you.  Volunteer at local nonprofits or on a nonprofit board and use the skills that you would like to develop.  This will allow you to gain some of the coveted experience that could help you get your next job honestly.  Best of luck in your job search!

 

Sincerely,

Ethics Officer

 

Disclaimer: The information presented in this article is the viewpoint of the author, not necessarily the viewpoint of the University of St. Thomas.  All situations can be viewed differently, and the above response is one viewpoint to consider, but does not represent the only viewpoint.

 

 


[1]http://moss07.shrm.org/Research/SurveyFindings/Documents/Reference%20and%20Background%20Checking%20Survey%20Report.pdf

[2] http://www.bschool.com/blog/2011/14-most-famous-resume-fibs/

Published on: Monday, November 14th, 2011

The Art of the Hand-Written Thank You Note

CBR003027When was the last time you purchased resume paper with a matching envelope and put it into a typewriter and started typing a resume?  Or how about the last time you wrote a thank-you note with a pen instead of a key board?  A recent article written by Prof. Laura French in the Star Tribune Lifestyle section provides a great perspective from current UST MBA student, Annelise Larson on how the thank-you note has evolved http://www.startribune.com/lifestyle/132922423.html

When I think back to when I was applying for jobs after my college graduation, I realize how times have changed.  I looked for jobs in the Sunday paper and perused pages and pages of job listings on the wall of a local employment agency; I used an electric typewriter, not a computer to write my resume; I hand-wrote a thank-you note after an interview because email didn’t exist yet; I called my parents on a rotary dial telephone that was tethered to the wall to share my excitement when I was offered my first job in higher ed.  I didn’t have the option to text my friends or update my Facebook status with the news.   Those things didn’t exist yet.  Oh, how times have changed!    

As I help my daughter with her 1st grade homework and look at how neatly and precisely she prints her upper and lower case letters, I think about what it will be like when she applies for her first job.  At 6 years old she already knows how to work the computer and is able to send text messages better than I can.  She has reached higher levels on Angry Birds that I’ll ever get.  She has that technology “chip” that I think this generation was born with, which actually helps me to be more tech savvy just so I can keep up with her!  But the one thing she does really well is craft hand-written notes to friends and family.  She takes her time, thinks about what she wants to say and carefully prints her letters using a #2 pencil.  And I know the impact that letter has on its recipient.  Just like Annelise says, hand-written notes end up on bulletin boards.  They’re special and memorable.  Just like the person who wrote it.  And that’s the person I’m going to remember when it comes time to hire my next employee.

Published on: Friday, November 4th, 2011

International Club Pot Luck

AebelskiverSwedish meatballs? Lefse? Aebelskiver? But which one should I make for the International Club’s Pot Luck lunch on November 1? This is probably one of my favorite student club events of the year. We all have a favorite dish that was prepared at family dinners when we were kids and now students, staff and faculty have the opportunity to recreate those dishes and share them with each other. There are foods I have never tried before and some that show up each year. But one thing is for sure – it will be a great time! I recall from years back the sticky rice, the szechuan chicken, the music from Turkey and the slide show of great places around the world. It truly is an event that allows students a break from the rigors of class to a world of culinary delights in our own MBA Commons. Our International Business Club officers, Summer Schneider (President) and Eric Sharma (Communications) are busy collecting information on what dishes will arrive next week. If you haven’t signed up to bring something, contact them now! You really don’t want to miss out on this event!! Which reminds me…I still need to decide what to bring.  Any requests?

Published on: Thursday, October 27th, 2011

Ask The Ethics Officer – Group Assignments

Dear Ethics Officer,

I have a group member who does not ‘pull their weight’, yet their name ends up on all group assignments.  I want to learn to address this situation without conflict, so I know how to deal with it in the ‘real world’.  Where should I draw the line between understanding that there might be other things happening in their life that affect their group participation, and confronting them and learning how to hold others accountable for their share of the work?

Sincerely, Pulling all of the weight

Dear Pulling all of the weight,

Teams can accomplish tasks that individuals alone cannot, which is why teams are used at school and work.  Unfortunately, teams can also be very dysfunctional.  Things happen in individuals’ lives that sometimes take them away from doing their best work in the team setting; however, they have an obligation to the team and the work that you are doing together.  One way to handle this situation is to discuss expectations before you start working together.  Standards for a team need to be set immediately so that everyone understands the informal contract that they are under.  This ‘contract’ defines the amount of work that is fair to each person and no one person should get more or less of the work. Once expectations aren’t met, you should have an open conversation that focuses on the work, not the individual.  Reference the standards that you originally set and explain to them that you expect them to complete the work that was originally agreed upon. 

Often in teams in the ‘real world’ you will not have any position power over a person, so discussing standards before beginning a project will help to keep your team on track.  This discussion will hopefully help avoid any issues but it will also help to make the conversation easier if someone is not performing to expectations.  This situation is difficult and may get emotional but the key is to manage the emotions so that the problem is resolved and the relationships on the team are strengthened. Where possible, keep the conversation fact- and problem-based.  If you find yourself in the difficult situation where the other person does not respond positively to a frank conversation about performance, allow yourself to accept the situation and move on.  That might mean managing the project without this person or a conversation with “the boss” or in this case, the professor.  Complaining about the situation or seeking vengeance will only have a negative impact on you.  It is also okay to choose to not work on a team with that person again. 

Good luck!

Your Chief Ethics Officer   

How many of you have been involved with a project (in school or work) in which an individual did not pull his or her weight?  Did you confront or ignore it?  Did your school experiences help you to deal with the issue at work? Comment below – we’d love to hear your input!

Disclaimer: The information presented in this article is the viewpoint of the author, not necessarily the viewpoint of the University of St. Thomas.  All situations can be viewed differently, and the above response is one viewpoint to consider, but does not represent the only viewpoint.

Published on: Thursday, October 13th, 2011

Full-time MBA students take top honor at national business ethics competition

A team of three University of St. Thomas Full-time MBA students placed first in the graduate division at the national Intercollegiate Business Ethics Case Competition in September. Team members Annelise Larson, Dan Jackson and Kristian Olson presented “Micro-Finance and Ethical Advice to Interested Parties” for the win.

The competition was held Sept. 20-23 at the Ethics and Compliance Officer Association’s annual meeting in Bellevue, Wash. It was hosted by Loyola Marymount University, the Ethics and Compliance Officer Association and the University of St. Thomas.

Dr. Kenneth Goodpaster, Koch Endowed Chair in Business Ethics at St. Thomas, and Jim Arnold, professor in the Full-time UST MBA and UST MS Accountancy programs, were faculty sponsors of the UST team.

Larson, Jackson and Olson also were awarded “runner-up” recognition when the winners of the graduate, international, undergraduate north and undergraduate south divisions competed in a cross-divisional final four competition.

The team has been invited to deliver its winning presentation at another ECOA conference on “Building and Benefiting from an Ethical Organizational Culture,” Nov. 2-4, at the University of St. Thomas’ Minneapolis campus.

Also competing in the graduate division were teams from INSEAD (Fontainebleau, France), Seattle University (Seattle, Wash.), St. Louis University (St. Louis, Mo.), University of Oxford (Oxford, England) and the University of Southern California (Los Angeles, Calif.).

Members of the winning St. Thomas team were selected last spring through the Center for Ethical Business Culture’s Ethics Case Competition hosted by the CEBC, the University of St. Thomas Opus College of Business and UnitedHealth Group.

The CEBC Ethics Case Competition is one of several ethics education initiatives on which the Opus College of Business and CEBC collaborate to engage tomorrow’s business leaders in the challenges of building enduring ethical and profitable business cultures.

Originally posted in the Bulletin.

Published on: Tuesday, October 11th, 2011

’07 Alumni Repeat Golf Title

By Jeff Kaczrowski Assistant Director, Graduate Business Alumni

The Third Annual Full-time MBA Student and Alumni golf outing recently took place at Theodore Wirth Golf Course.  Fifty students and alumni competed for the top honors but there was no match for the ’07 grads.

With an impressive ten under par, the alumni foursome; Cameron Zuege MBA ’07, Nate Johnson MBA ’07,  Ben Roselle MBA ’07,  and Allison Burchill MBA ’07,  repeated their title for a second year in a row.
Picture 020This however, did not come without a bit of suspense.  As foursomes finished their round, golfers congregated outside of the clubhouse to hear the scores of participants as they came off the course.  The gallery outside of the clubhouse was building and it continued to fill with students and alumni as the last foursomes made their way off the course relaying their scores.

Picture 014
Suspense built as Dean Puto and his teammates came off of the 18th green.  With a stoic  gallery, the score keeper asked the Dean, “how was the round?”  With a smug response, Dean Puto responded, “Did anyone beat 11 under?!?!”  The gallery gasped, knowing that the current score to beat was 10 under.

The Dean continued, “We didn’t either, but it would be quite the round!”  Suspense turned to laughter, and with that, the defending champs knew their crown would rein for yet another year.

Following the festivities at the course, golf participates were greeted at the Park Tavern by FT MBA students and alumni who did not golf to share the stories of the day, and to award prizes to the winning foursome.  It was a great event  filled with much laughter, new introductions, and many swings!

Published on: Tuesday, October 11th, 2011

The Business of Golf: Lessons Learned at UST

WirthAs I look over the list of 50+ attendees for the Third Annual Full-time UST MBA Student & Alumni Golf outing this weekend, it reminds me of an article I read online from INC. – “5 Business Lessons Learned on the Golf Course”
http://www.inc.com/business-travel-2011/business-lessons-on-the-golf-course.html

The article states that golf “remains one of the greatest ways to build and maintain solid business relationships” and provides you with 5 of Arnold Palmer’s principles that are relevant to business.  These 5 principles are almost parallel to the strategies discussed in UST’s Graduate Business Career Service’s (GBCS) Career Labs for Full-time MBA students.  Here’s a quick comparison:

#1
INC: “Always Give a Firm Handshake”
GBCS:  Always give a firm handshake

#2
INC: “Don’t Dwell on Yesterday’s News”
GBCS:  No matter what your background is, make it relevant to the position you are aspiring for.  Tell your story.

#3
INC: “Practice Like A Pro”
GBCS: Practice your elevator pitch

#4
INC: “Use Fear For Fuel”
GBCS: Be passionate about what you do and do it well.  Be persistent.  Don’t be afraid to take risks.

#5
INC: “Befriend Your Enemy…don’t think about your competitors as enemies, but as a challenge for you to work harder”
GBCS: UST has a solid, accredited MBA program.  Be proud of it.  You’re just as good (if not better) than graduates from other accredited MBA programs.  Believe it.

So as you head out to the course possibly for one of the last times this season, remember that the golf course is a great place to have fun, enjoy the outdoors and cultivate lasting business relationships.  Just don’t forget to put a few business cards in your golf bag.

Published on: Thursday, September 22nd, 2011