From the Dean's Desk

Women's Investing Summit

Martijn Cremers

Martijn Cremers

Monday, 24 February 2020

One of the key promises of our imperative to “grow the good in business” is building a community of mutual advancement, and this includes a renewed focus on diversity and inclusion.

Two weeks ago, the College hosted a very successful 23rd annual Notre Dame Ethics Week titled “Women Lead.” The event featured speakers and panel discussions exploring the various challenges and opportunities women experience in the classroom and workplace. (See more information about Ethics Week below.)

This week, the Notre Dame Institute for Global Investing (NDIGI) is hosting another important event, the second annual Women’s Investing Summit (WIS), which takes place on Friday, Feb. 28, from 8 a.m.-4 p.m. in the Dahnke Ballroom in the Duncan Student Center. The Summit is open to women and men in the Notre Dame community.

WIS is distinctive and important to Mendoza and to the larger finance industry because all of the speakers are senior women in investment management. This makes it a rare event, because the percentage of women in leadership positions is extremely low — less than 10 percent. NDIGI managing director Erin Bellissimo, who has been at the forefront of many efforts to encourage young women to enter careers in investing, organized the Summit to give attendees the insider’s perspective on current market trends and future job and investment opportunities.

Speakers include Wendy Cromwell, the vice chair and senior managing director and partner at Wellington Management; Katie Koch (ND '02), the co-head of Fundamental Equity at Goldman Sachs; and Kathy Murphy, president of personal investing at Fidelity Investments. Students also have the opportunity to network with investment professionals during lunch.

Mendoza faculty and staff members are welcome to attend WIS. To register, email Tess Swain at tswain@nd.edu. You’re also welcome to attend NDIGI’s Student Stock Pitch Competition 5-6:30 p.m. on Feb. 27 in the Jordan Auditorium.

My thanks to the NDIGI staff and faculty who have put so much thought and effort into organizing the Women’s Investing Summit 2020 and the student stock pitch competition — Erin, Tess, Mark Dumich and Shane Corwin.

In Notre Dame,

Martijn 


A New Way to Work Together

Martijn Cremers

Martijn Cremers

Monday, 17 February 2020

Since last summer, we have been reconsidering how we might best realign the organizational structure of our graduate programs to support the larger strategic vision for the College. In many ways, the current structure is a legacy structure that was established at a time when we offered fewer and more homogeneous graduate programs. As we’ve added graduate programs and redesigned aspects of our offerings, we have made alterations to the structure. We now have the opportunity to comprehensively reimagine the structure to better serve our current graduate students across our many different graduate programs.

In this reorganization process, our goal has been to holistically re-examine graduate student needs and larger trends in order to build an organization that will enable the College to thrive and to be responsive to innovations and disruptions in the graduate business school landscape. Perhaps most importantly, the new structure is an opportunity to continue elevating all of our graduate programs.

I’m excited to introduce a new organizational model for staff members who directly support our graduate business program operations. This is the outcome of a collaborative process where many of our staff and faculty provided great feedback and were willing to share their concerns and ideas. We are very grateful for all of your engagement, which has been led by Kara Palmer through conducting a series of focus groups and meetings with graduate business program staff and key stakeholders.

While the graduate programs staff members have had the opportunity to learn about the model during informational meetings, I want to provide an overview for all of the Mendoza faculty and staff, as the scope of change across the College is extensive. You can view a chart depicting the high level organizational structure here.

As you will see, the model organizes staff members both by function (e.g., admissions and marketing, student services and operations, career services, experiential learning and alumni relations), and by program group (e.g., Executive Education, MBA and Specialized Master’s). The result is a matrix model where dual reporting fosters:

  1. Functional excellence through the direct reporting relationships (solid lines) and
  2. Academic excellence through accountability to the programs and ultimately the graduate students and faculty (dotted reporting lines).

A few details to note:

  • Staff members will report directly to functional directors (solid line) and are accountable to meeting program-specific goals and requirements (dotted line).
  • Our current organizational structure of Graduate Business Programs (GBP), Nonprofit Professional Development (NPD) and Executive Education will transition to a model that aligns and differentiates by student profiles and experiences under the following structure: Executive Education, MBA and Specialized Master’s Programs.
  • Certificate programs (non-degree), both executive and nonprofit, will be part of Executive Education.
  • Each program group will be overseen by an associate dean and have a designated academic faculty or program staff director.
  • Functional directors as well as the chief marketing and graduate enrollment officer will report directly to the dean with accountability to the associate deans.

In addition to elevating all of our graduate programs, this new organizational structure is intended to help facilitate:

  • Sharing functional knowledge and overcoming information silos for staff and faculty both across functions by program and across programs by function,
  • Encouraging collaboration between faculty and staff members, and
  • Providing greater strategic clarity for those working within a program.

The new organizational model is still very high level. Our next steps include identifying how our existing staff positions can be best allocated across all of our functions and programs. This involves identifying roles and responsibilities, creating new position descriptions, determining budget strategies, posting open positions internally and filling any unfilled positions. I anticipate our transition to continue through the next few months with an ambitious goal to have our new structure in place by mid-summer.

I want to emphasize that the goal of the reorganization is not to reduce staffing, cut costs or address performance issues. In fact, I hope that we will be able to add staff positions. Rather, the impetus for change is to implement a new structure providing greater collaboration across functions and programs, as well as more flexibility and agility, with the goal of elevating all of our graduate programs.

I acknowledge that this level of change is disruptive for many people across the College and that continued transparency is very important. We want to be intentional as we put the model into place and involve all the relevant stakeholders. I will continue to share news as the structure develops. Your input is critically important. Please continue to provide feedback via this form or directly by meeting with Kara Palmer, the associate deans or myself. Also, please think of me as always available to meet in person. I will have open office hours later this semester again, and you can always email Beth directly to schedule a meeting with me.

I’m grateful to the many people at Mendoza who have devoted a great deal of time and thought to designing and implementing this new organizational structure, including the associate deans, chairs, directors, staff members  and others who participated in the focus groups. Special thanks to Kara and associate deans Kristen Collett-Schmitt, Mike Mannor and Walt Clements for their leadership and providing thoughtful and candid feedback along the way.

In Notre Dame,

Martijn 


MBA/Exec Ed Integration

Martijn Cremers

Martijn Cremers

Monday, 10 February 2020
Starting this spring semester, we decided to locate a number of MBA classes in the Stayer Center. Our aim was to accomplish three objectives by increasing the opportunities for our MBA and executive students/learners to share the Stayer space:
  • To more intensively and intentionally use our most beautiful building.
  • To create positive interactions between these two important student groups—perhaps especially for MBA students who can learn about professionalism first-hand through the example set by our executive students/learners, but also to facilitate mentoring by EMBA students (who have greater career experience) of MBA students.
  • To provide our growing specialized master’s programs with more space in the main Mendoza building.
There were a number of considerations that went into making this decision. First, the Stayer Center is one of the most beautiful buildings on campus with first-rate classrooms and collaborative spaces. Utilizing it as a resource for our MBA program will add to our competitive advantage, especially as many of our peer schools have recently opened state-of-the-art facilities for graduate students. 

Second, we saw an opportunity to have more students benefit from the Stayer Center as EMBA classes generally happen around the end of the workweek and on weekends, and MBA classes usually do not meet on Fridays and weekends. Additionally, we are expanding our specialized master’s programs, including adding a second MSBA cohort. This change will free up more space in the main Mendoza building for the increasing number of specialized master’s students.

And third, in meetings with both EMBA and MBA students, I commonly hear them express a desire to form a stronger community between the two programs. Our MBA students see great opportunities to connect with the executives who are about 10 years further along in their careers and could provide professional insights and mentorship. Our executive students, who spend much less time physically on campus, wanted to be more integrated into the University community as a whole and specifically with our MBA students.

Our current plans to integrate MBA and Exec Ed programs include:

  • Offering five MBA classes in Stayer during Mod 3 (our current mod).
  • Continuing to scale up the number in Mod 4 so that by fall 2020, all of the MBA core courses that meet on Monday and Wednesday will be located in the Stayer Center.
  • Constructing a joint MBA-Exec Ed student/learner lounge on the third floor that will encompass the existing Executive Lounge, the common space outside of it and a recently renovated area on the south side. 
 
Along with these changes to physical space, we also are developing opportunities to bring together our alums, executives, the companies and organizations we serve in non-degree, and MBA students for social and career-related interests. 

Please note that, for the foreseeable future, our MBA program primarily will operate out of its current location in Mendoza’s southwest wing and Exec Ed will continue to operate out of Stayer Center as its base. 

I realize that the changes bring disruption to staff and faculty, who are the front-line ambassadors for our programs, and that there is a need for transparency as plans develop. Kelli Kilpatrick, Robin Kistler, Mike Brach and Doug Franson are establishing an implementation team, composed of both Exec Ed and MBA staff members, to help with the transition operationally.

As we continue to grow in our mission to the College and the University, we must shift our paradigm from programs exclusively housed within certain buildings to serve all of our important audiences in all of the buildings that encompass the Mendoza College of Business. This includes our team and impressive facilities in Chicago on Michigan Avenue. 

I ask for your patience and grace, which you demonstrate every day, in working together to achieve these goals. Your insights and experience are very important, and I encourage you to share your feedback with associate deans Walt Clements, Mike Mannor and Kristen Collett-Schmitt; program directors Kelli Kilpatrick, Mike Brach, Robin Kistler and Angela Logan; and Doug Franson and Kara Palmer from my leadership team, as well as myself. You can send comments via this form or arrange to talk with any one of us directly. 

In Notre Dame,

Martijn

Ethics Week: Women Lead

Martijn Cremers

Martijn Cremers

Monday, 3 February 2020

The 23rd annual Notre Dame Ethics Week kicks off next Monday (Feb. 10) with the theme of “Women Lead.” The four-day conference will present a comprehensive discussion of gender diversity and inclusion, which is a critical topic as women continue to be underrepresented within both Mendoza and corporate leadership.

The speakers include many of our faculty members and students who have meaningful insights and are making contributions toward more inclusive workplaces:

♦ Feb. 10, 5-6 p.m.: Panel discussion featuring current Notre Dame MBA students and moderated by M&O teaching professor Joe Holt; “Rising Together: Gender Equity in Business.”

♦ Feb. 11, 5-6 p.m.Carolyn Y. Woo, former dean of Mendoza College of Business and former CEO of Catholic Relief Services; “Growing into Authentic Leadership.”

♦ Feb. 12, 5-6 p.m.: Cathy David, former executive vice president of merchandising for Pier 1 Imports; “Memoir in Progress: Stories and Souvenirs from the First Half.”

♦ Feb. 13, 12:30-1:30 p.m.Erin Bellissimo, managing director of the Notre Dame Institute for Global Investing and board member for Girls Who Invest; “Women in Investing.”

♦ Feb. 14, 12:30-1:30 p.m.: Panel discussion “Women and the Workplace” featuring the following Mendoza College of Business faculty and staff members:

  • Robin Kistler, director of non-degree programs for the Stayer Center for Executive Education (moderator).
  • Angela Logan, St. Andre Bessette Director of Nonprofit Professional Development and associate teaching professor.
  • Amanda McKendree, Arthur F. and Mary J. O’Neil Director of the Fanning Center for Business Communication and Management & Organization associate teaching professor.
  • Cindy Muir, Management & Organization associate professor and leadership researcher.
  • Alice Obermiller, director of experiential learning and leadership development for Mendoza’s Graduate Business Programs.

The talks take place in the Stayer Center’s Commons C in the lower level. Please consider attending as your schedule allows and encourage your students to participate as well.

Notre Dame Ethics Week, which is sponsored by the Notre Dame Deloitte Center for Ethical Leadership, is organized by a Mendoza cross-collaborative team. My thanks to Brian Levey, Ken Milani, Jessica McManus Warnell, Brett Beasley, Chris Adkins, Scott Nestler, Deb Coch, Zara Osterman and Carol Elliott.

In Notre Dame,

Martijn


Exchanging COBWeb

Martijn Cremers

Martijn Cremers

Monday, 27 January 2020

We launched the Mendoza Exchange newsletter about 18 months ago as a way of improving our internal communication, increasing transparency and building community among our faculty and staff. Judging from the weekly open rates and contributions to the newsletter, it’s become an important touchpoint for nearly 400 colleagues located in four buildings in two time zones!

I’m pleased to announce a new development: Mendoza Exchange is now the new COBWeb. The content you see in the e-newsletter every week is housed on the website formerly known as COBWeb (a.k.a. College of Business Web). This will allow us to archive the stories, photos and briefs online that appear each week in case you want to refer back to an item. It also will provide an opportunity for longer profiles or other pieces that didn’t meet the space requirements of the email version.

At the same time, the resources that many COBWeb users rely on, such as the quick links and Mendoza IT tech tips, will continue to be available. Take a look!

The Mendoza Exchange website was the result of a strong and creative collaboration between Mendoza IT and Communications. I especially want to thank Mark Kimmet, Raymond Alavo, Phil Corporon, Diego Wang, Melissa Jackson and Zara Osterman.

I hope you will continue to contribute ideas and submissions to Mendoza Exchange so that we can celebrate one another’s achievements and milestones — from new research to new babies — together as a community.

In Notre Dame,

Martijn

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