This post comes from The Global Business Education Initiative.
Patrick Fogarty, a graduate of the University of St. Thomas, recently completed his degree in business administration, legal studies in Business, ethics and business law. He is currently employed by General Electric Capital Corporation as a global sourcing analyst. This post is the story of his global study experiences–which helped lead him on his current path.
While at the University of St. Thomas, I had the pleasure of studying abroad three separate times. Each experience broadened my global awareness and appreciation for other cultures. I culminated my undergraduate experience with Management 480, Strategic Management in London, England and Ireland. I chose to participate in this course thinking that it would be the perfect way to transition from college to a full time job – which is exactly what happened. Now that I am a year into my career, I am able to reflect on what influences this particular experience had on my perceptions while operating in the “business world.”
We live in an ever-changing, global economy. Businesses operate differently than they did in the past.
By Ujin Han, M.B.A. ’12
First year Full-time UST MBA students had an interesting joint class discussion this week. Four professors—Professor Rothausen-Vange (Organizational Behavior), Professor Malshe (Marketing), Professor Combs (Business Economics), and Professor Sanders (Statistics and Operations)–led a cross-class discussion of a case study about Harrah’s gaming.
It was an intense and lively 3 ½ hr discussion about Harrah’s strategy to differentiate themselves from the market from 1998-2005—from four different perspectives. Starting with situation analysis of the external economic factors and the data-driven consumer insights that prompted the change in strategy to tactical marketing and HR programs implemented, the students explored all the aspects that had to be managed for Harrah’s to be successful.
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.
By Maria Wang, Full-time UST MBA class of 2013
The entire planet will be celebrating for the 2012 London Olympic Games in a few days. The British government should take full advantage of the business opportunities emerged from hosting and present the world an unforgettable Olympic event. There are some concrete lessons London can learn from Beijing’s recent Olympic experience – any my own attending the 2008 games.
Four years ago, China successfully hosted the 2008 Olympic Games in Beijing. As a Chinese citizen, I still vividly remember the excitement I had while watching one of the games in Bird Nest that summer. Today, there is no doubt that Chinese people are benefiting from the ripple effects caused by the Olympic Games.
A partnership between the University of St. Thomas Opus College of Business and the Fachhochschule Trier in Germany offers their students a unique experience. Students meet peers from other countries; discover cultural differences and commonalities; study international business, trade laws and ethics; and apply that knowledge in contract negotiations.
Check out our recent blog posts from an MBA student on her experience negotiating in Germany.
Trier is the oldest German city, with an approximate population of 105,000. It is located in the very west of Germany on the banks of the Moselle River, near the Luxembourg border.
Business students from the Fachhochschule Trier will visit St. Thomas next spring (May 27 to June 1) to engage in simulated contract negotiations with St. Thomas students as part of International Business Law and Business, Law & Ethics courses (BLAW 303 & BLAW 615). Site visits and meetings with executives from multinational organizations will provide insight and exposure to legal, business, contractual, ethical and cultural issues that business professionals face in international business.
Read more on The Global Business Education Initiative blog.
By Peter C. Young, Ph.D.
For the past twelve months, the Opus College of Business has been working through the development of its Global Business Education (GBE) Initiative. Although there is much, much work remaining, we believe the time is right to widen the scope of discussion on our future challenges and opportunities. To this end the GBE Blog is intended to inform stakeholders and interested individuals of current activities and upcoming events, but also — and importantly — to invite input from those stakeholders and other interested individuals.
OCB has publicly committed to developing global leaders and though there are many ways we could embellish our intentions, the motive for the global business education initiative boils down to a simple fact. We promise our students that we intend to assist them in developing the capabilities and knowledge to become global leaders, and to do so by:
- Providing experiences that broaden students’ horizons
- Building knowledge and skills relevant to leading in a global setting
- Developing capabilities to apply knowledge, skills and experience to meet the challenges of globalization
- Providing wider ranging assistance to businesses in our market to improve their prospects for international/global success
- Emphasizing what is sometimes called the ‘glocal’ dimension of globalization. UST’s historic commitment to the local community translates into a specific charge to understand how our community benefits from global engagement and success.
Follow the GBE Blog for upcoming information on events and announcements. Readers will see information on short term courses abroad for the 2012-2013 academic year, information on a fall kick-off event that will launch the next phase of the GBE Initiative, announcements on future collaborations, and much more.
As I noted at the outset, one of the key purposes of this blog is to invite feedback and participation in the GBE Initiative; in fact, to begin building a community of individuals with an active interest in the development of meaningful globally-oriented experiences. To that end I very much want to encourage you to become a part of the GBE community.