From the Dean's Desk

Thank You! Commencement Weekend 2022

Dean Martijn Cremers

Dean Martijn Cremers

Monday, 16 May 2022
My message today is one of appreciation for all of you who contributed to our Commencement Weekend. It was a fantastic weekend that included some special events, such as Jerome Bettis’ receiving his degree, the dedication of a bench overlooking the east side of Stayer in commemoration of late EMBA student Michael Carroll, and an inspiring address by Suni Harford, the president of UBS Asset Management. Even the weather cooperated!
We conferred degrees to 1,205 Class of 2022 graduates — 583 from the undergraduate program (22 January graduates and 561 this weekend) and 628 from the graduate programs. About 10,000 guests collectively attended the College’s commencement events.
More than 70 Mendoza faculty and staff members assisted with the planning and execution of these events, not including the associate deans, the chairs and other faculty and staff who served as emcees or other capacities. I am very, very grateful and appreciative of everyone who helped out to make this weekend a fantastic celebratory experience for our students and their families.
I especially want to recognize the members of the diploma ceremonies’ planning committees. Because we changed the way we organized the ceremonies this year — hosting six ceremonies plus three receptions instead of two ceremonies and a single reception — the committees had to start at square one in making all of the arrangements.
A huge kudos to the Student Services and Facilities and Program Operations teams, and in particular their respective leaders, Christine Gramhofer and Morgan McCoy. They and their teams planned, organized and orchestrated six diploma ceremonies with three vibrant receptions over the Saturday and Sunday of Commencement Weekend. Strong leadership is what makes the difference between a good event and a great experience, and we're blessed to have two of the strongest professionals tag-teaming one of the most visible and important moments in the student journey.
Andy Wendelborn, Samantha Crisp and Teresa True played significant roles in serving as ceremony leads for our six ceremonies. They took the lead on organizing the planning committees and led them in facilitating efforts such as ceremony check-in processes, scriptwriting, graduate lineup, logistics and so much more. Amanda Rink and Laura Glassford supported the undergraduate ceremonies as well as members of Amanda's team. Joseph Torma, Meghan Huff, Jennifer McGuire, Wendy Walker and Connie Varga were instrumental in planning the Dean’s Receptions on Saturday and Sunday at Stayer.
Thanks to all of the members of the planning committees:
Corey Angst
Robert Battalio
Kim Brumbaugh
Joe Cherian
Samantha Crisp
Patrick Farran
Doug Franson
Laura Glassford
Christine Gramhofer
Ashley Heberling
Lisa Heming
Chris Henderson
Christopher Hillak
Meghan Huff
Martin Johnson
Cathi Kennedy
Cassie Kline
Jim Leady
Morgan McCoy
Jennifer McGuire
Lindsey McIntyre
Lisa Michaels
Mitch Olsen
Sherry Nadai
Maggie Neenan-Michel
Dana Pierce
Hermalena Powell
Jennifer Ransbottom
Amanda Rink
Jim Seida
Gina Shropshire
Bailey Smith
Ann Tenbrunsel
Joseph Torma
Teresa True
Connie Varga
Sandra Vera-Muñoz
Wendy Walker
Kathy Webb
Andy Wendelborn
Barb Westra
Lastly, if you didn’t attend the interdisciplinary graduate ceremony, I encourage you to watch Suni Harford’s address on the theme of “world at a crossroad.” (Her talk begins at the 46:47 mark.) I’d like to share with you two brief quotes:
"Anyone can lead, and yet not everyone leads. Leadership by any other name is courage. Courage to challenge the status quo. Courage to lead by example and asking others to do only that which you would do yourself. Courage to put others on your team first. Courage to admit that you don’t know everything. (You know a lot. But you don’t know everything.) Courage to speak up if you see something that doesn’t feel right. Courage to be inclusive, to seek views other than your own; courage to share credit. Courage to be true to yourself."
"For that is what true leadership does. Sets an example. Stands up to opposition. Inspires others. And leverages individual efforts to drive impact. And that’s the point I would like to leave you with. Everyone can make an impact. You don’t need a title. You don’t need to sit at the top of an org chart. You can lead, every single day, from your first day on the job to your last. You need only decide that you are going to make an impact."
I’m thankful to all of you who have an impact on our students, the College and the University through your commitment to serve.
In Notre Dame,

Martijn

Dean's Awards for Excellence

Dean Martijn Cremers

Dean Martijn Cremers

Monday, 9 May 2022
During the recent Mendoza Staff Town Hall, I had the pleasure of announcing the recipients of the 2022 Mendoza Dean’s Awards for Excellence. These awards were inaugurated in 2021 as a way to highlight and reward the hard work and dedication of our staff members.
They specifically recognize staff for outstanding achievements in three ways: To elevate the work we do; to integrate efforts across teams and programs; and to cooperate with one another to achieve success. Nominations can be submitted by anyone in the College, and are reviewed by a cross-functional College committee representing different teams, roles and levels.
These are the Dean’s Awards for Excellence recipients for 2022:

Dean’s Award for Excellence in Elevation: Graduate Admissions Operations and Pipeline Teams
Award recipients: Jodie Campbell, Colleen Cota, Amy Dame, Heather DeCourval, Helen High, Kellie Rzepka, Tashia Thornton, Annette Tysver, Angela Wesley and Janel Zakrewski-Kuntz.
The award is presented to a team that identifies new opportunities for Mendoza to collectively compete in the business school landscape. These teams have shown exemplary accomplishment toward a significant achievement through innovative thinking. Their efforts differentiate the work we do through advancing the vision and mission of the College and helping others to do the same. Their accomplishments include revamping the application to make it more inclusive in assessing candidates, scheduling more than 900 interviews, processing a nearly 30% increase in applications and partnering with vendors to reduce bias through the application process.

Dean’s Award for Excellence in Integration: Diversity, Equity and Inclusion Grow the Good in Business Case Competition
Award recipients: Kristen Collett-Schmitt, Carol Elliott, Martin Johnson, Angela Logan, Joan McClendon, Jessica McManus Warnell, Kris Muir, Minhee Myung, Hermalena Powell, Jessica Stookey, Tahra Taylor, Wendy Walker and Brandi Wampler.
The award is presented to a cross-functional team that has worked together to accomplish a goal or complete a project that is in line with the vision, mission and priorities of the College. The team led by Kristen, Jessica and Joan collaborated over a period of months to launch this inaugural case competition, which provided our Specialized Master’s students with an educational experience that reflects challenges encountered by the broader society as well as real businesses. The competition generated community-based research for the State of Indiana and competition sponsors, provided the State with actionable steps to advance its commitment to DE&I and empowered our future leaders to make an impact in their organizations, community and the world. While there were many contributors across the College — much to my appreciation — these individuals served as part of the organizational committee in capacities that went above and beyond their day-to-day job responsibilities.
Dean’s Award for Excellence in Cooperation: Alpha Phi Alpha Fraternity ND Immersion
Award Recipients: Martin Johnson, who conceived and spearheaded the inaugural program outside his traditional responsibilities in Career Development; and María Stutsman y Márquez, who was pivotal in the execution of the program and the ongoing relationship with Alpha Phi Alpha.
The award is presented to a staff member (or members) who serves in a way that is respectful, fair and inclusive; benefits others; goes above and beyond his or her own personal interests; and acts altruistically for the benefit of the community. María and Martin were instrumental in establishing the College’s partnership with the Alpha Phi Alpha Fraternity Inc., the first intercollegiate Greek lettered and oldest fraternity for African American men. This partnership resulted in the College’s hosting of an inaugural cohort of 11 fraternity members last fall for an immersive experience. The program created a unique and important opportunity to support the professional advancement and leadership of African American men through graduate business education and to enhance the diversity of our graduate students.

Congratulations to all of the Dean’s Award for Excellence recipients. Each individual will receive a trophy and a cash prize.
We had numerous nominees in all three award categories — all worthy of recognition. This made it difficult to choose the ultimate winners, and also speaks very strongly to the depth of commitment among our staff members at Mendoza. I’m very thankful for the talent and hard work so much in evidence every day.
In Notre Dame,
Martijn 

2022 Mendoza Mission Research Awards

Dean Martijn Cremers

Dean Martijn Cremers

Monday, 2 May 2022
I’m pleased to announce the 2022 recipients of the Mendoza Mission Research Award, an annual recognition of Mendoza research papers that exemplify the College’s imperative to “Grow the Good in Business.”
This year, five papers were chosen from nominations submitted across the College, with one award winner in each department:
Sandra Vera-Muñoz, Associate Professor of Accountancy, “Climate-Risk Materiality and Firm Risk" (Review of Accounting Studies, in press).
Using the SASB Materiality Map to proxy for market expectations of climate risk materiality, the researchers test whether the association between disclosing climate risk in 10-Ks and firm risk (proxied by cost of equity) varies with market expectations of climate risk materiality.
Huaizhi Chen, Associate Professor of Finance, “Don’t Take Their Word for It: The Misclassification of Bond Mutual Funds” (Journal of Finance, 2021).
The paper demonstrates a significant gap between how bond fund managers classify their credit risks and their actual credit risks. This phenomenon results in the pervasive misclassification of bond mutual funds.
Zifeng Zhao, Assistant Professor of IT, Analytics, and Operations, “Modeling the COVID-19 Infection Trajectory: A Piecewise Linear Quantile Trend Model” (Journal of Royal Statistical Society: Series B, 2021).
Zhao and co-authors study multiple change-point estimation in the high-dimensional regression setting. They propose a novel projection-based algorithm and show it achieves minimax optimal localization rate up to a log factor, a significant improvement from state-of-the-art methods in the literature.
Cindy Muir (Zapata), Associate Professor of Management & Organization, “It's Not Only What You Do, But Why You Do It: How Managerial Motives Influence Employees' Fairness Judgments” (Journal of Applied Psychology, 2022). 
Muir (Zapata) and colleagues demonstrate that appearing fair is driven by both a supervisor’s behavior and their underlying motives for said behavior. One of the findings was that, unsurprisingly, supervisors motivated by prosocial concerns (desire to benefit other people) were more likely to adhere to justice rules than those motivated by self-interest (a desire to benefit oneself). However, supervisory motives are also important independent of behavior, as employees pick up and rely on their motive attributions to form fairness judgments.
Frank Germann, Associate Professor of Marketing, “Do Marketers Matter for Entrepreneurs? Evidence from a Field Experiment in Uganda” (Journal of Marketing, 2021).
This article examines the effects of a business support intervention in which international professionals from different functional backgrounds volunteered time to help Ugandan entrepreneurs improve growth. Findings from a multiyear field experiment show that entrepreneurs who were randomly matched with marketers significantly increased firm growth. As small-scale businesses form the commercial backbone of most emerging markets, their performance and development are critically important. Marketers’ positive impact on these businesses highlights the need for the field’s increased presence in emerging markets.
My congratulations to these faculty members for their significant contribution to Mendoza’s research excellence and for their research that sheds light on how business can be used to advance the common good.
In Notre Dame,
Martijn

Business Ethics and Society Program

Dean Martijn Cremers

Dean Martijn Cremers

Monday, 25 April 2022
I’m pleased to announce the launch of a new academic program focused on the core of our mission: The Business Ethics and Society Program (BESP). This program will support teaching, research and other scholarly activities to further understanding of how business can contribute to integral human development (i.e., in such a way that the material, social and moral dimensions of people’s lives are all advanced). This includes exploring topics such as the moral purpose of business and business as a vocation.
Led by faculty director James Otteson, the John T. Ryan Jr. Professor of Business Ethics, the BESP was approved by the College Council in September 2021. The program’s chief aims include:
  • Enabling Mendoza to attract top interdisciplinary scholars in business ethics and business & society
  • Exposing students to thought leadership in business ethics, law, policy, regulation and related disciplines in connection to business.
  • Promoting interdisciplinary collaborations across the College and the University in the areas of business ethics and society.
  • Elevating the College’s reputation among peer schools as a thought leader on issues at the intersection of business, ethics and society
  • Enhancing Mendoza’s distinctiveness among the nation’s premier schools of business.
The BESP resulted from a proposal initiated in fall 2019 by Ann Tenbrunsel, Father Ollie Williams and myself for a new academic department in Mendoza that would engage Catholic social thought, provide a home for interdisciplinary research in the area of business ethics and society, and contribute to our mission to “Grow the Good in Business.”
While the proposal eventually became one for a new program instead of a new department, I am confident that the BESP will help us to advance our scholarship in business ethics and society, to coordinate our business ethics-related teaching and programming, and to create an intellectual community linking Mendoza departments as well as relevant units across the University.
The program’s goals (over the next few years) include offering an undergraduate minor and managing the College’s non-disciplinary courses in the area of business ethics and society. The BESP also will sponsor events such as conferences, lectures, guest speakers and student programming.
Perhaps the BESP’s most strategic and significant goal is the first one listed above: to attract top scholars in this space that is key to our identity as a Catholic business school. Because faculty appointments at Notre Dame must be to departments, institutes, colleges or schools, tenure-track faculty will not be appointed directly to the BESP. Rather, faculty whose primary home is the BESP will be appointed to either the Office of the Dean for non-tenure-stream faculty or with another department or school on campus in a collaborative engagement with tenure-stream faculty.
In addition to the three current tenured members of MCoB who are currently part of the BESP (Jim Otteson, Ann Tenbrunsel and Father Williams), our plans are to recruit new, additional tenure-steam faculty for the program. We recently filled one such position with the successful hire of Mary Hirshfeld, a leading scholar at the intersection of economics, theology and Catholic social thought in the context of business who will join Notre Dame on July 1. Mary was hired in collaboration with Arts & Letters’ Theology Department, where she will have her tenure home.
Current Mendoza faculty who wish to be affiliated with the program are welcome to do so voluntarily. Of course, BESP activities and events will be open to all faculty. 
The BESP’s future plans include offering undergraduate courses such as "Why Business?" and "Theology of Honorable Business" under the course designation BES starting in the 2022-23 academic year. The program also is moving forward with the development of the curricular minor to be proposed in spring 2023. Also in 2022-23, we hope to initiate another international search for at least one additional faculty appointment in the BESP.
Thanks to Jim, Ann and Father Ollie for their leadership.
In Notre Dame,
Martijn

Guest column: Ken Kelley

Ken Kelley

Ken Kelley

Monday, 18 April 2022
Restructuring Mendoza’s Graduate Course Labeling and Numbering System
Mendoza’s portfolio of graduate degrees continues to grow, as evidenced by the recently announced MS in Digital Marketing and MS in Business Analytics focused on Sports Analytics. As more programs have been added or expanded, the graduate course labeling and numbering system broke down. Therefore, we set out to revise the system in a way that better serves students, faculty, and staff by clarifying and simplifying the management, reporting, and tracking of Mendoza graduate course offerings.
We had four goals in mind when creating this new system:
(1) Map courses to the primary program they serve and do so in a visible way using course prefixes;
(2) Identify the academic department responsible for the course;
(3) Eliminate as many (unnecessary) cross lists as possible; and
(4) Do not break anything!
The new system will help us better understand and plan the level of faculty and space resources that are devoted to operating each of our programs. This is something that is not generally possible with the way our current system is designed and thus, it requires manual processing and our own internal reports that do not align with the University’s systems.
By mapping each course to the primary program it serves and the academic department responsible for the course, it immediately allows various stakeholders to see who is responsible for the course, what program it serves, if a student is eligible to take the course and so on. In the spirit of our matrix structure for graduate programs, consider each program as a vertical and the departmental course coverage as a horizontal. Departments need to allocate limited faculty resources across programs in a way that aligns with faculty expertise and program needs. There also needs to be classrooms available for the course to be offered, of course. With the new system, we can easily look across the verticals by department or across the horizontals by program.
We started this process by reviewing the entire catalog of graduate courses and reimagining the way courses could map to academic departments and programs. This led to restructuring Mendoza’s course data elements (i.e., attributes) to align with the Registrar’s system and processes, which utilizes a hierarchy of (only) four levels: college, division, department, and subject code (or what we often call the prefix). (If we designed their system, by the way, we would also include location, modality, and program.)
Mendoza’s historical usage of “Course Department” and “Course Prefix” has not been consistent because the College often “thinks” in terms of programs, and we had legacy organizational structures that were used as the department attribute, yet they were not actually academic departments. Rather, these organizational structures held their portfolio of courses from across our academic departments. Thus, “departmental reporting” was not accurate with regard to our academic departments because of the way in which the attributes were codified in the system.
For example, consider the legacy organizational unit of “Executive Education.” All academic departments provide courses to that legacy organizational unit and thus it was codified in the Registrar’s system as “department.” This meant that, for example, University reporting did not allow for courses by academic department overall or within any of the programs in Executive Education. Further, because multiple programs were nested within this organizational unit (e.g., EMBA-Chicago, EMBA-South Bend, MSF-Chicago, MSBA-Chicago) all of these were codified as a single department; the organizational units conflated information about our actual departments, namely the five academic departments.
However, we have now modified many of the course numbers to use the Registrar's system while also making it easy to identify the program a course serves. For example, in the old system, a 70000 ACCT course that ended in “1” would map to the MSA program, yet those that end in “0” would map to the MBA. Now, MSA courses will have their own course prefix and so will MBA courses, for example. All programs will now have their own unique prefix. However, departmental prefixes will be used for the undergraduate program and Ph.D. courses. Further, the academic department responsible for the course will be codified in the attribute “department” rather than our legacy organization structures currently used.
Starting in Summer 2022 and going forward, all courses in the Mendoza College of Business will belong to one of the following ”departments”:
  • Accountancy
  • Finance
  • IT, Analytics, and Operations
  • Management & Organization
  • Marketing
  • Business Ethics and Society
Which will function like a department, or the following three options to codify courses that do not fit into the above:
  • Career Development
  • Business Administration Undergraduate 
  • Non-Departmental Graduate Business
Note that the first five course departments above are our academic departments. The sixth is the new Business Ethics and Society Program, which will function similarly to an academic department. The latter three are for career courses or program-specific activities codified as courses (e.g., Interterm). Cross-departmental programs (e.g., MBA, MSM, EMNA, MNA, etc.) will have a bit of intelligence built into the course numbering system where the third digit will identify the department (ACCT = 1, FIN = 2, ITAO = 3, MGTO = 4, and MARK = 5).
Revamping our graduate course catalog was no easy feat. To successfully complete this project, more than 200 new course creation forms were submitted and processed by many members of our faculty and staff teams. The changes to course prefixes also require several updates to student-facing documentation as well as updated systems coding in tools like GPS.
For playing a crucial role in the implementation of this project, I want to thank the assistant department chairs Wendy Angst, Jen Waddell, Joe Cherian, Jamie O’Brien and Jason Reed; new M&O assistant department chair Jen Cronin; Morgan McCoy, Carmen Quinn, Christopher Hillak and Jennifer Ransbottom from the Facilities & Program Operations Team; Ashley Heberling and Bailey Smith from the Administrative Support Team; and Rochelle Jones from the Office of the Registrar.
I realize that this was not the most exciting Exchange column! However, this change affects many parts of our organization. Rest assured, though, that these changes help us in a multitude of ways.
Sincerely,
Ken Kelley
Senior Associate Dean for Faculty
Research and Edward F. Sorin Society Professor of IT, Analytics, and Operations

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