More than 250 students were hooded in the Graduate Business Commencement Ceremony on Saturday, May 25. Randall J. Hogan, chairman and CEO of Pentair, delivered the commencement address and told the graduates “You’re starting the next phase of your lives” and the two things you need to be successful are to “create your own future, and control your own destiny. Make sure you have a goal in mind, when opportunities present themselves, you will be bold enough to take them.” (more…)
Archive for the ‘Health Care MBA’ Category
How does one successfully navigate the process of moving from an individual contributor or team member to a first-time manager and leader? Which leadership characteristics and competencies promote positive and authentic leadership and which practices or attitudes can detract from an individual’s leadership potential? Moreover, how does one learn or develop leadership capabilities?
Last month, I had the pleasure of attending the first National Association of Asian MBAs (NAAMBA) event hosted on the University of St. Thomas Minneapolis campus in the Opus College of Business Schulze Auditorium. The event focused on topic that resonated with all attendees, is consistently on the minds of business professionals, and is interwoven throughout the UST MBA program (and many other MBA programs’) curriculum: leadership.
To spark the discussion, NAAMBA-Twin Cities invited Robert C. Barnett, adjunct faculty member in UST’s Organizational Learning and Development department and principal and senior fellow in management consulting at Robert Barnett Consulting, LLC and MDA Leadership Consulting, to share his extensive research and findings about leadership. (more…)
What does it take to be a leader in health care? For Wade Blomgren, regional business manager at Roche Diagnostics, the answer lies in the ability to collaborate across all facets of the healthcare system. “In health care, there is no one right answer. At a high level, you need to understand the big picture, then find the right people to help figure out the options and get the job done. The key is collaboration – finding others who complement what you do and don’t do well.”
The collaborative environment is what drew Blomgren to the Health Care UST MBA program at St. Thomas for his continuing development. In the midst of a successful career in sales and customer service following 13 years as an army officer, he recognized that he needed to better understand the “big picture” of business and health care to be effective in the new stage of his career as a regional business manager. What better way to gain this understanding than by immersing himself in a program of health care leaders that represent the full spectrum of the industry and range from individual contributors to presidents? “The cohort structure of this program truly allows us to learn from each other and challenges us all to think differently about how to tackle the problems and opportunities facing the industry.”
Deadlines are approaching–and in some cases passed–for B-school applications. The Evening UST MBA‘s priority deadline for Spring 2013 admissions was November 1, applications are still welcomed and reviewed once the file is complete. So, as you’re working on your application, how can you stand out (in a good way) to get a spot in the class?
We’ve got an old series of posts here on Opus Magnum with application and admissions advice called “Take it From Me” with some of the bad examples and recently, Business Insider published a great list of 4 Ways To Make Your MBA Application Stand Out.
One of the biggest mistakes candidates make is that “they act on what they perceive the committees want rather than reveal what’s interesting within themselves,” says Jeremy Shinewald, author of “The Complete Start-to-Finish MBA Admissions Guide“ and founder of mbaMission, a consulting firm for business school candidates. ”They try to become something that they’re not to impress the committee.” (more…)
Cross-posted from High Performance Health Care
By Stephanie Hegland
What started as a health care policy class last spring for Health Care UST MBA students Laura Templin-Howk and Tina Morey, culminated September 28, 2012, in the Healthy Minnesota: Communities in Action Poster Session and Forum, featuring closing remarks by U.S. Surgeon General Dr. Regina Benjamin. Inspired while being in Washington D.C. during the arguments before the Supreme Court on the legality of the Affordable Care Act (ACA), and encouraged by the legislation’s financial support for proactive, preventive measures (Title IV, Subsection D, “Creating Healthier Communities”), Templin-Howk and Morey sought to showcase Minnesota’s trailblazing community-driven initiatives. And showcase they did, by pulling together 40 examples of why Minnesota continues to lead the nation in healthcare innovation.
Community-led projects throughout the state highlighted the work already being done to improve the health of our communities. Each poster presenter spoke to their projects’ individual mission, success and lessons learned. View the event program, with descriptions and contact information for each project. These projects frequently showcased partnerships between communities, healthcare providers and systems, ancillary providers, community agencies and school districts. Let’s face it; it’s not a secret that greater physical activity, eating more fruits and vegetables, regular health screenings, and increased collaboration between providers leads to improved health outcomes for the state’s population. But how to accomplish these improvements? Therein lies the challenge. And further, how will policies, systems and environmental changes be modified to sustain these improvements? (more…)
A recent piece in The New York Times noted that total health insurance premiums doubled between 2003 and 2010 and that the portion of premiums employees paid increased by 63 percent. The trend seems to be toward eliminating employer-paid health insurance. What impact does this have on recruitment, retention and overall employee job satisfaction?
To answer this question, I first need to set out a context and two caveats. The context is that above a certain income or wealth level – a relatively modest one for most of us reading this – people consider a broad bundle of elements in their decisions to go to and stay at an employer, and a related bundle of factors affect our ability to be fully engaged at work and to perform highly. Health care benefits and the proportion covered by the employer are important elements in these bundles, but not the only ones, or even the primary ones for most employees.
The caveats to this general answer are that for the working poor, conditions are desperate, and that for all of us, this answer may change in the future. Health care is more uniform and nationalized in most developed countries than it is in the United States, where our cultural values tend toward a very high level of independence and a reliance on markets to regulate. If nothing changes on that front, and if health care costs continue to rise dramatically, employer offerings of and payment for health insurance could become a more important, direct element in employers’ recruiting and retention tool kits. (more…)
Editor’s note: The 2012 Fowler Business Concept Challenge is coming up quickly and Opus Magnum will be highlighting a few past winners here over the coming days in hopes of inspiring entries for this year – from both the undergraduate and graduate populations on campus here at UST.
In 2010, husband-and-wife team Michael and Susan Wuollett, ’10 M.B.A. entered their idea for the Styptic Fibrin Bandage (a product that rapidly stops bleeding in minor cuts and other wounds), into the Fowler Business Concept Challenge. They took first place and received so much encouragement from the judges that they decided to pursue the business idea. Two years later, they are ready to bring their RapidClot™ Blood Coagulant Products (under the company name Protégé Biomedical) to market.
How do you build a satisfying, robust career in a rapidly changing world? Ann Bray would tell you to never stop learning. Bray’s M.B.A. adds a business perspective to a career already shaped by education and experience in health care and law. As vice president of strategic initiatives and general counsel at Hazelden, Bray brings all of these perspectives and more to the table.
Bray spent 13 years as a registered nurse. “I loved medicine, but I was concerned about issues such as how care was delivered. I couldn’t influence the system,” she said. Deciding to pursue a position that would help her play a role in influencing policy decisions, Bray originally thought of pursuing a graduate degree in public health, but after taking a law class, she decided to pursue a J.D. She worked as a lawyer for a while but discovered that, despite the important influence law can have on health care delivery, she needed an understanding of business to give her access to work on the leading edge of the issues. “Credibility is important. I needed an M.B.A. with a health care focus,” she said. (more…)
The U.S. health care system is undergoing exciting, radical change. The significance of prevention and the role of community in creating a healthier culture is vital to empowering individuals to actively manage their own health and well-being.
In conjunction with the Minnesota Public Health Association (MPHA) annual meeting Friday, September 28, students of the Health Care UST MBA program are coordinating a poster session and interactive discussion to highlight some of the best examples of community-led health initiatives from throughout the state. The Surgeon General of the United States, Vice Admiral Regina Benjamin, M.D. will deliver closing remarks. (more…)
Compellent Technologies, an Eden Prairie-based provider of highly-virtualized storage solutions with automated data management features, including tiering and thin provisioning, for enterprise and cloud-computing environments was acquired by Dell in February 2011. At that time Jack Judd, an alumnus of both the undergraduate and graduate programs at St. Thomas, was Compellent’s chief financial officer.
Judd, ’99 M.B.A., will be on campus for the Opus College of Business Master’s Pub on September 28 to share his stories from the sale of a successful tech company. Graduate business students and alumni are invited to attend the event. Free beer, wine, soft drinks and pizza will be available. (more…)