Faculty Spotlight: Steve Rudnick, Lake Forest Graduate School of Management
Steve Rudnick, an alumni and faculty member at Lake Forest Graduate School of Management, recently sat down for an interview with the school’s Lake Effects Blog. He is an expert in operations management and management analytics and has designed and instructed interactive training programs to LFGSM students.
Rudnick told Lake Effects that he is a strong proponent of data-driven approaches to business. He believes that collecting and leveraging accurate data can lead to significant opportunities in expense reductions, budget forecasting, increased billing compliance, and a number of other advantages.
Rudnick also lends an entrepreneurial approach to his lesson planning, saying that “it’s the application of the learned LFGSM principles that create value in your respective organizations.”
“Within large organizations it is often difficult to innovate; however that exact principle propels organizations to new levels,” Rudnick told Lake Effects. “As long as you are always striving to improve or always searching for innovative ways to accomplish the business goal you can drive your respective business unit to new heights.”
As a LFGSM graduate, Rudnick credits his experience as an MBA student at the school to his success.
“LFGSM ultimately taught me to never stop learning, challenging myself, and valuing collaboration and other’s viewpoints,” Rudnick said. “The various positions [I have held] have all presented different challenges and I’m happy to say that many of my LFGSM learnings have been invaluable in overcoming the challenges.”
As a member of Lake Forest’s Business Leader Faculty, Rudnick is both a professor and working professional. In addition to being an LFGSM faculty member, he was recently appointed as the Director of Legal Spend Management at Quislex, after over 20 years of legal spend management, operations, and analytics experience.
Steve’s entrepreneurial mindset is ideal for his new role at Quislex, a notoriously innovative company, where he intends to combine the power of technology, cost-effective programs, efficient processes, and his expertise in legal spend data to drive down the company’s overall legal spend.