February 2016

Thank you to everyone who contributed announcements and updates regarding the great things happing at RBS both personally and professionally. Please contact Luke Greeley to be included in the next newsletter: lgreeley@business.rutgers.edu.

The Newsletter is divided into the following sections in no particular order – we are proud of all these great things happening in our community!

Professional Awards and Honors

Personal and Family Milestones and Accomplishments

Noteworthy Accomplishments

Student Successes

Grants and Publications

Student Feature: Bankole Fagbemi


Professional Awards and Honors

Jerome Williams, Distinguished Professor of Marketing at Rutgers Business School, was one of the lead authors of a paper selected to receive the notable Thomas C. Kinnear Award for the article "Beyond Poverty: Social Justice in a Global Marketplace" which appeared in the spring 2011 issue of the Journal of Public Policy & Marketing. The Kinnear Award, which is administered by the American Marketing Association, recognizes articles published in the Journal of Public Policy & Marketing that have made a significant contribution to the understanding of marketing and public policy issues.

"This supports our strategic initiative to serve as an anchor institution that has a positive social impact on the community, both locally and globally," he said. (story)

Ron Shapiro, Executive Director of the Center for Real Estate, was elected to the “Community Advisory Board” of Two River Community Bank from January 2015 to May 2016.

Yao Zhao, Associate Professor in the Department of Supply Chain Management & Marketing Sciences at Rutgers Business School, won first place in the 2014 INFORMS Case Competition. His research on “Inventory Positioning in Clinical Trial Supply Chains” is forthcoming in Production and Operations Management.

Assistant Professor of Professional Practice Jim Winder from the Finance & Economics Department won “The Thomas H. Mott Jr. AWARD for Excellence in Teaching,” voted by RBS New Brunswick undergraduate students.

Rogers Smeets, Assistant Professor of Management & Global Business, won the “Best Reviewer Award 2015 – Journal of International Business Studies.” He also published research on “Directing technical change from fossil fuel to renewable energy innovation: An application using firm-level patent data,” in the Journal of Environmental Economics and Management.

Phyllis Siegel, a professor who was recently named a senior associate dean, received the Warren I. Susman Award for Excellence in Teaching. The award is the university’s highest honor for innovative teaching and mentoring.

Rutgers University presented Leaders in Faculty Diversity Awards to three Rutgers Business School faculty members – Professors Arturo Osorio-Fernandez and Kevin Lyons as well as Leon Fraser, an instructor in the Department of Management & Global Business and managing director for executive education. Professor Osorio-Fernandez is also part of the Department of Management & Global Business and Professor Lyons teaches supply chain management.

A provocative presentation on nurturing a risk-taking mindset in students earned Rutgers Business School instructor Gary Minkoff a top award from the U.S. Association for Small Business and Entrepreneurship. Minkoff won the association’s Best Workshop in Pedagogy for a session on "Developing a 'Fail in order to Succeed' mindset for entrepreneurship students" during the 2015 annual conference in January.

Gurpreet Singh, a Rutgers MBA alumnus who currently teaches supply chain management students, has been chosen to receive the American Society for Quality’s 2015 Armand Feigenbaum Medal. Singh’s work promoting and teaching the application of Lean Six Sigma to new areas, including supply chain management, were cited as specific reasons for his selection. The medal, which is known around the world, is awarded annually to an individual 35 years old or younger for leadership, outstanding service and dedication to the field of quality.

Rutgers Business School Dean Lei Lei has been chosen as one of New Jersey’s Best 50 Women in Business for 2015 by NJBIZ. The Best 50 Women in Business is intended to honor the most dynamic women in business from across New Jersey. An independent panel of judges selected the winners based on their dedication to business growth, professional and personal accomplishments, community involvement and advocacy for women.

The RBS Center for Urban Entrepreneurship and Economic Development (CUEED) won the prestigious Economic Development Gold Award for the Entrepreneurship Pioneers Initiative, by The International Economic Development Council. Lyneir Richardson, Executive Director of CUEED accepted the award at the 2015 IEDC Annual Conference in Anchorage, Alaska. This award honors organizations and individuals for their efforts in creating positive change in communities. Since its launch in 2009 over 180 entrepreneurs have participated in the CUEED program. The aggregate impact of these companies exceeds $35 Million in annual revenue.

Winnie Westcott, a part-time lecturer with the accounting department at Rutgers Business School, was selected as an educator of the year by the American Woman’s Society of Certified Public Accountants.

Glenn Shafer, University Professor and Board of Governors Professor in the Department of Accounting & Information Systems at Rutgers Business School, delivered the Keynote address at a Thanksgiving Day conference at the French Embassy in Tokyo, which honored the 100th birthday of the late Japanese mathematician Kiyosi Ito, whose work was fundamental to current methods in quantitative finance.

David Dobrzykowski’s, Assistant Professor in the department of Supply Chain Management, paper on "Testing the moderation effects of governance mechanisms on strategy, structure/processes and performance in hospitals" was named the first place winner of the 2015 Decision Sciences Institute's Best Lean Enterprise Paper Award. 

Jaideep Vaidya, Professor in the department of Management Science and Information Systems , has been elected as the Vice Chair of the Data Mining and Analytics (DMA) Activity Group of the Society for Industrial and Applied Mathematics (SIAM) from Jan 1, 2016 to Dec 31, 2017.

Jeffrey Robinson, Associate Professor in the department of Management and Global Business, served as the keynote speaker for the Monash Business School’s Workshop on Managing Social enterprises this past December in Melbourne, Australia.

The International Economic Development Council appointed Lyneir Richardson, Executive Director of the Center for Urban Entrepreneurship and Economic Development, to serve on its board of directors. It is the world’s largest organization serving the economic development profession with more than 4,500 members in the U.S., Canada, Europe, Australia and other countries. More can be read about the appointment here.

Jaideep Vaidya, Professor in the Department of Management Science & Information Systems at Rutgers Business School, was recognized as an Association for Computing Machinery (ACM) Distinguished Scientist in November 2015. ACM is the world’s largest educational and scientific computing society, uniting computing educators, researchers and professionals to inspire dialogue, share resources and address the field’s challenges.

“Preserving Privacy in Collaborative Business Process Composition”, by Hassaan Irshad, Basit Shafiq, Jaideep Vaidya, Muhammad Ahmed Bashir, Shafay Shamail and Nabil Adam, received the best paper award from the 12th International Conference on Security and Cryptography (SECRYPT). Jaideep Vaidya and Nabil Adam are in the Department of Management Science & Information Systems at Rutgers Business School.

Ajai Gaur, Associate Professor in the Department of Management & Global Business at Rutgers Business School was elected to serve as the President of Asia Academy of Management from July 2015 for a two year term. Guar also published “Inter-unit knowledge transfer in multinational enterprises,” in the Global Strategy Journal, and “International diversification of emerging market firms: The role of ownership structure and group affiliation,” in the Management International Review.

Gary Branning, Adjunct Professor at Rutgers Business School and Guest Lecturer at the Blanche and Irwin Lerner Center for Pharmaceutical Management Studies and President of Managed Market Resources, Mt Olive, NJ joined the Editorial Board of American Health & Drug Benefits. He also published an article “Once-Fatal Conditions Have Become Chronic: Early Trends” in the FDA’s 2015 Approvals in AHDB Sixth Annual Payers Guide to New FDA Approvals.

Nancy DiTomaso, Distinguished Professor in the Department of Management and Global Business at Rutgers Business School published “Racism and Discrimination versus Advantage and Favoritism: Bias For versus Bias Against,” in Organization Behavior. Her book, “The American Non-dilemma: Racial Inequality without Racism” received its 4th award: Honorable Mention, Max Weber Book Award, Organizations, Occupations, and Work Section, American Sociological Association, 2015 (2nd of 32 books nominated).

Christopher Young, Assistant Professor of Professional Practice in the Department of Management and Global Business, was recently appointed to the NJ Supreme Court Ethics Committee for a 2 year term. Christopher has had a busy year, serving as an expert witness in multiple intellectual property and commercial damage cases. He has also recently presented a paper at the American Economic Association meeting which is being considered for publication as a book by Wiley Press and has presented another paper a the Wester Economic Association meeting which is being published in The Earnings Analyst.

Michael Barnett, Professor in the Department of Management and Global Business, completed his term as Chair of the Social Issues in Management Division of the Academy of Management this past August and also began an appointment as a Fellow of the American Council on Education, Class of 2015-16, spending this academic year at Baruch College. Michael also served as Distinguished “Star” Visiting Professor for the Social Innovations Group at EGADE Business School, Monterrey, Mexico. Michael was recently received the 2015 Citation of Excellence Award from Emerald Group Publishing for the article (Aug. 2015): “Does it pay to be really good? Addressing the shape of the relationship between social and financial performance,” published in the Strategic Management Journal.

Five Rutgers Business School professors received Bright Idea Awards from the New Jersey Policy Research Organization Foundation for academic research in such areas as accounting, management and decision sciences. Their publications were chosen from among 142 submissions. These faculty member include, Brett Gilbert, Michael Alles, Miklos Vasarhelyi, Dan Palmon, and David Dobrzykowski.

Brett Gilbert, a professor of management and global business, received two awards for separate research papers. "Human capital pipelines: competitive implications for repeated inter-organizational hiring," which Gilbert co-authored, was published in the Journal of Management, and the Journal of Business Venturing published a research paper she did with three other professors on "Entrepreneurial orientation and international scope: The differential roles of innovativeness, pro-activeness and risk-taking."

Accounting professors Michael Alles and Miklos Vasarhelyi received their fourth Bright Idea Award for a field study on the use of process mining of event logs as an analytical procedure in auditing. The paper was published in The Accounting Review.

Awards were also presented to Dan Palmon, an accounting professor, and David Dobrzykowski, an assistant professor of supply chain management, during an awards ceremony at Middlesex County College on Oct. 30.

Professor Palmon received an award for his work on "Audit Quality: A cross-national comparison of audit regulatory regimes," which appeared in The Accounting Review. His co-authors, Gary Kleinman and Beixin Betsy Lin are both professors at Montclair State University.

Dobrzykowski was recognized for his research of supply chain management and operations management in the healthcare industry. An article he co-authored, "A structured analysis of operations and supply chain management research in healthcare," was published in the International Journal of Production Economics.

Professional and Family Milestonse and Accomplishments

Andrea Connell, Assistant Director of External Relations, was honored in November by the State Theatre in New Brunswick for her outstanding contributions. Andrea was recognized for her efforts while serving on the Theater’s Board of Trustees to build an audience for classical performing arts and for encouraging others to donate. She did this by initiating the “Opening of the Classical Series” in which orchestras and classical musicians were invited to New Brunswick before performing at venues such as the Lincoln Center or Carnegie Hall.

Michelle Tomitz, Administrative Assistant in the New Brunswick Undergraduate Office, responded to the call for participation in the Rutgers Adopt-A-Family program. Michelle coordinated with the Adopt-A-Family committee to provide support for a homeless family living in a transitional house. The family consisted of a single mother and her 3 children—a 14 year old girl, a 9 year old boy, and a 4 year old female. Michelle’s effort paid off, by the end of the collection 16 RBS faculty/staff had donated and collected close to $250 in gift cards along with 2 large boxes worth of clothes and food. Michelle made personalized envelopes and greeting cards for each of the members of the family, wishing them happy holidays from their RBS family. Michelle was excited and encouraged by the response and intends each year going forward to volunteer and help coordinate for the Adopt-A-Family program.

Andy Gogates, Corporate Relations Manager in the MBA Career Management Office, earned a Master of Public Administration in October 2015 from the School of Public Affairs & Administration (Rutgers University—Newark).

Shy Hopkins of the NJ Small Business Development Center has created/ enacted a program to revitalize live music in New Jersey and also bring back Newark’s live music scene from the 50, 60, 70s. She produced a lunchtime live music performance series in Military Park for Live Music Month in October, and is signed on to continue the program for the next 5 years. Shy was recently featured in an article for BrickCityLive.com where she stated, “We're looking to have professional local musicians perform in and around the Downtown Newark area, providing a culturally rich and inviting soundtrack to those who live, work and play in the city.” Additional information about her program, as well as the promoting of live music through the state, can be found her website NewJerseyLiveMusic.com.

Ray Leibman, a lecturer for the Marketing Department for over 13 years, recently celebrated his 70th birthday surrounded by family in New York City. Ray proudly serves in the Rutgers Senate and the Newark Faculty Council, the latter of which he has been elected to the Executive Cabinet for two consecutive years. He notes that he is privileged to work with so many student and to help them in their future endeavors.

Ramon Henson’s son Phil Henson (Dartmouth '11) won a bronze medal at the World Rowing Championships in Aiguebelette France last August as part of the U.S.A.'s men's lightweight eight team. It's the first medal for a U.S. team in this event in over seven years. Rowing Magazine in its December issue named the race which they won the U.S.A.'s "race of the year."

Kathleen Price, Advisor in the New Brunswick MBA Student Services Office, shared some exciting news that her son, Brennan Price, was named an NCAA Division II baseball Pre-season All American. Brennan is a pitcher and designated hitter for the Felician University Golden Falcons. More can be read about his accomplishments here.

Eugene Gentile, Director of the Office of Career Management in New Brunswick, celebrated his daughter’s wedding this past December. Eugene’s daughter, Alyssa Gentile Salvesen, is an alumni of Rutgers College ’09 and the Rutgers Graduate School of Education ’10.

John Perez, Career Management Specialist, was married on December 5th on the beach in Mexico to his wife Carolina Matia-Perez. Caroline is a certificate alumni of the Integrated Marketing Communications program offered by RBS’ Executive Education. Below is a picture of their wedding day.

Noteworthy Accomplishments

Initiated, directed, and organized by Marty Markowitz, Associate Dean for the New Brunswick Undergraduate Business Program, the 2015 RBS Conference on Innovations in Undergraduate Business Education (IUBE, 2015) was a huge success. Nearly 90 deans, associate deans, and directors from 60 business schools across the nation gathered at our Livingston Campus during 10/26-10/28. Faculty representatives from Big-Ten and peer schools shared their initiatives in B-school innovations, senior business executives from major corporations presented future recruiting needs for their industries, Board of Advisors from three major B-schools (RBS, PSU, Nebraska) discussed their experiences working with academia.

The Office of Career Management in New Brunswick is proud to announce it has sold out the annual Spring Business Career Fair with a total of 84 employers. They have doubled the amount of employers at this event within the past two years. Well done!

The Full-Time MBA Class of 2015 was 98.3% employed 90 days after graduation. That’s the highest percentage an MBA class has ever attained. Congratulations Class of 2015! Many thanks to the MBA Office of Career Management team for helping to make this happen!

Student Successes

The Rutgers Business School New Brunswick Chapter of Beta Gamma Sigma, the International Business Honor Society, led by Chapter Advisers Helen Pensavalle, Marty Markowitz, and Michelle Tomitz, won the Highest Honors Chapter for the 2014-2015 academic year. The Undergraduate Office placed an order for a Beta Gamma Sigma Bronze Key, which is a symbol of scholastic achievement signaling the excellence of our business program. It’s cast from bronze alloy and weighs more than 100 pounds and stands over 52” tall, not counting the base. Here is a picture of the outstanding award:

One of the amazing RBS B-STAR students, Ms. Kala LaFortune, has recently been highlighted by our Marketing and Communications team here. Kala is a part of our 2014 RBS B-STAR program cohort in Newark and is well on her way to establishing herself as a dynamic student leader at RBS. A Supply Chain Management major, Kala is 1 of 4 RBS students from historically under-represented minority backgrounds who received a 5k scholarship from our Newark community partner - Bartlett Dairy. We are proud of Kala and all of our B-STAR student’s accomplishments. RBS continues to play an essential role in transforming the futures of B-STAR students and their families.

20 out the 24 students in the Road to Wall Street Program received internship offers from Wall Street. Our Finance and Accounting faculty, and especially to Kevin Cuskley, contributed to this success.

The public’s appetite for healthy foods helped a group of entrepreneurs, including a Rutgers MBA alumnus, capture top prize in Rutgers Business School’s 2015 Business Plan Competition. The winning team – Robert Giuliani, Desi Saran, who graduated from Rutgers Business School and completed his Rutgers MBA in 2014, and Abby Taylor – won $20,000 to help grow Playa Bowls, which serves up acai berry-based fruit bowls and smoothies at two pop-up stands on the Jersey Shore. Last year, the company had two locations for most of the summer and sales of $100,000.

Three Rutgers MBA students won the first ever BNY Mellon Social Finance Prize – Laavanya Shriram, Priya Shivkumar, and Irene Kaganman. The BNY Mellon Social Finance Prize was a new addition this year to the annual Aspen Institute’s Business & Society International MBA Case Competition.

Rutgers MBA students won the 2nd place in the 4th Annual Rutgers Bio Pharma Case Competition!  Our proud MBA team members are: Aneesh Vaze, Bishnupriya Kar, Irene Mac, James Ma, and Kinshuk Saxena. The overall results:

First Place: Johns Hopkins Carey School of Business
Second Place: Rutgers Business School
Third Place: Yale School of Management
Honorable Mention: Georgetown University’s McDonough School of Business
Best Presenter: Brent Schneider from Johns Hopkins Carey School of Business

The RBS-SCM undergraduate team won the 2015 National Case Competition Championship organized by the Institute of Supply Management (ISM) Services Group. This is the second year in a row and the third time in six years that an RBS undergraduate team has won this national championship, more times than any other participating business school. Three of our Newark undergraduate students, Diana Harriman, Sonali Shah and Marchela Stancheva, represented RBS at the competition and competed against other strong supply chain teams in the nation. Each of our students also received a scholarship of $1,000, plus a fully paid trip to the 2015 ISM Annual Services Convention in Orlando, FL. Our faculty members who volunteered their valuable time to prepare the students for this national case competition are Paul Goldsworthy, John Impellizzeri, and Tom York, all from SCM Department.

Hashir Qazi, a Supply Chain Management student at Rutgers Business School, won third place out of 20 compeitotrs in St. Louis University Cook School of Business’s Real Elevator Pitch Competition. As he glided up 40 stories at One Met Square – the second tallest building in Missouri – Qazi pitched a business idea to a group of investors who squeezed into the elevator with him.

Tashni-Ann Dubroy, Rutgers MBA ’11, was named president of Shaw University. J. Mark Baiada RC’69, RBS’70, founder and president of BAYADA Home Health Care, was among one of the five remarkable graduates to be inducted into the Rutgers Hall of Distinguished Alumni in May.

Grants and Publications

Under the direction of Miklos Vasarhelyi, RBS and the American Institute of CPAs (AICPA) have formed the Rutgers AICPA Data Analytics Research Initiative. This Initiative, cosponsored by the AICPA and CPA Canada, has two shared goals:  The first is to examine how audit objectives might be achieved more effectively by further integrating data analytics and related technologies into everyday practice. The second is active engagement by firms and universities in fundamental applied research for continuous improvement of the auditing profession. Additional information may be found here.  

Brett Gilbert was recently awarded a $15,000 grant from the Coller Institute of Venture at Tel Aviv University. http://www.collerinstituteofventure.org/grants/2015-grants-winners/

John Cantwell, Distinguished Professor in the Department of Management and Global Business and Editor-in-Chief of Journal of International Business Studies and Professor Lucia Piscitello from the University of Rome, published research on "New competence creation in multinational company subunits: The role of international knowledge", in The World Economy. Professor Cantwell was also invited to be the keynote speaker at the “Conference on Fueling Innovation in the Global Economy,” George Washington University, Washington DC, May 2015. He was also invited to be the keynote speaker at the Asian Academy of Management Biennial Conference, Hong Kong, June 2015.

Rudi Leuschner (PI) and Arash Azadegan (Co-PI) of SCM Department just received their award for a contract by one of the leading online MOOCs provider, COURSERA, for developing and delivering a program on SCM. Other COURSERA partner schools include Columbia, U. Penn, U. Chicago, Stanford, Princeton, U. Michigan, Northwestern, Johns Hopkins, Yale, etc. Today’s USN&W ranking together with this award will help us to establish the RBS brand in the online space.

Benjamin Melamed (PI), Distinguished Professor, and Weiwei Chen (co-PI), Assistant Professor, of the Supply Chain Management Department, have received a grant from the Department of Homeland Security (DHS), entitled "Modeling Methodology and Simulation of Port-of-Entry Systems". The grant is extendable to 5 years with a total budget of up to $1,475,000, starting January 16, 2016. The first phase of six months has been approved and budgeted at $159,800. The grant aims to control waiting times of incoming vehicle and pedestrian traffic streams at U.S. border crossing points, with special emphasis on truck transportation that contributes to supply chain lead times.

Daniel Z. Levin, Professor in the Department of Management and Global Business at Rutgers Business School, published “Reconnection Choices: Selecting the Most Valuable (vs. Most Preferred) Dormant Ties,” in Organization Science; and “Relational Enhancement: How the Relational Dimension of Social Capital Can Unlock the Value of Network-Bridging Ties,” in Group & Organization Management.

Neha Shaw, Assistant Professor, and Daniel Levin, Professor, from the Management & Global Business Department published research on the “Performance Benefits from Providing Assistance in Networks” in the Journal
of Management.

Mahmud Hassan, Director of Rutgers Pharmaceutical Management Program and Professor of Finance & Economics has forthcoming research on “Drug Safety and the Cost of Monitoring: The Role of REMS in Risk Management,” with Rutgers pharma scholar alumni Rema Bitar, Sarah Kruse, Sarah Jeffers, and pharma board member Ken Berkowitz in Therapeutic Innovation & Regulatory Science.

Ramon Henson, Part Time Lecturer in the Department of Management and Global Business, will be publishing a new book in 2016 through Palgrave Macmillan entitled Successful Global Leadership: Frameworks for Cross-Cultural Managers and Organizations. The book provides practical frameworks for anyone hoping to become a successful global leader, and outlines the challenges that international firms face when managing across cultures. It highlights the cognitive, affective, and behavioral actions leaders can take to understand the differences between foreign values and traditions,
and how to develop a corporate environment where global leadership
can thrive.

In the summer of 2015, Jonathan Eckstein and Andrzej Ruszczynski, professors in the department of Management Science and Information Systems, received a research grant in the amount of $482,000 from the Air Force Office of Scientific Research for their project “Coherent Risk-Adjusted Decisions Over Time: a Bi-level Programming Approach”

Assistant Professor of Professional Practice Marc Kalan published a Case Study in May 2015 by The Case Centre : "Warner-Lambert New Products/Product Innovation Case Study." Kalan was also awarded "Marketing Professor of the Year" by the RBS Newark undergraduate Dean’s Advisory Council
(April 2015).

Kemal Gursoy, Assistant Professor of Profession in the Department of Management Science and Information Systems at Rutgers Business School, coauthored a book, entitled "An Introduction to Probability and Statistics," published by Kendall Hall Publishing Company, in August 2015.

Farok J. Contractor, Distinguished Professor in the Department of Management & Global Business at Rutgers Business School published research in the Journal of World Business, Management International Review, and the Handbook of Emerging market Multinational Corporations. Professor Contractor also gave the keynote speech at Nepal Academy of Management: “Internationalization of South Asian Economies: Prospects and Policy Implications”, March 28, 2015, Kathmandu, Nepal.

Student Feature: Bankole Fagbemi:

Bankole Fagbemi, a 2016 MBA Graduate, has catapulted his used car dealership into a newsworthy business. Delivering value and creating much-needed employment opportunities in the city of Newark, he is committed to creating positive impact in the inner-city neighborhoods of Newark and building credibility in used-car industry that has been plagued with bad press. He was able to grow this business while pursuing his flex MBA program at Rutgers, with a concentration in Supply Chain Management and Marketing. Bankole achieved a 3.61 GPA in the MBA program and secured the much-coveted SAP consultant certification in procurement. He is the first Rutgers student to receive this prestigious certification that is recognized worldwide by SAP, its partners and clients. In his own words, he sought the MBA as a backup or possibly a way out of his lifelong entrepreneurial endeavors, after experiencing dismal business performance cycles. “My back-up plan has turned out to be the blueprint for my bigger vision. The robust structure and the wealth of experience gained from the Rutgers MBA have reshaped my focus and approach to improving my community, my business and myself, while rekindling and nurturing my entrepreneurial mindset. I have particularly gained from the exposure to hands-on SAP training offered by the Supply Chain Management Department as part of the MBA program at Rutgers”. Bankole is especially enthused about his new vehicle exchange project that will leverage technology to “disrupt” the automotive retail industry, bringing fresh air of trust and transparency.