LAPD Celebrates Latest Executive Programs Grads – Los Angeles News
We’ve rounded up the latest news coming out of business schools in the Los Angeles metro this week.
LAPD Chief Salutes Latest Officers to Finish Innovative Executive Program – Claremont Graduate University Newsroom
New LAPD Police Chief Michel Moore celebrated this year’s graduates of the Police Chiefs Executive Leadership Institute at Claremont Graduate University’s Peter F. Drucker and Masatoshi Ito Graduate School of Management recently. Now in its second year, the partnership between the Drucker School of Management and the California Police Chiefs Association invites police officers to the CGU campus for two intensive weeks in the study of management. Through training with Drucker faculty, the officers learn about management techniques, who they are as leaders, and where to make improvements in the way they lead. Thirty-four officers graduated from the program this year.
“The LAPD has been a partner with this school for a long time,” comments Police Chief Moore at CGU during graduation. “This is a progressive school defined by an ethos and values of how to give back to our communities, how to live our best lives, which is what I think we all want for ourselves.”
You can read more about CGU and the California Police Chiefs Executive Leadership Institute here.
UCI Paul Merage School of Business Center for Real Estate Receives Gift to Support Creation of Bill Halford Family and Bixby Land Company Student Award Endowed Fund – UCI Paul Merage Newsroom
A new gift from the Bixby Land Company will create a new endowed fund at the Paul Merage School of Business at the University of California, Irvine’s Center for Real Estate. The gift will benefit merit-based graduate and undergraduate students interested in studying real estate and becoming an active member of the center.
The award is given in recognition of Bill Halford, the chief executive of commercial real estate developer Bixby Land Co, based in Newport Beach, who passed away earlier this year. Serving as chairman for Merage’s Center for Real Estate Advisory Board since 2006, Halford was a staunch supporter of higher education who encouraged the university to place focus on their graduate-level real estate program. He also served as a guest lecturer and often helped moderate education symposiums at the center.
(Left to right) Nakamura Brown, Merage School Dean Eric Spangenberg, Bixby Land Company President Aaron Hill, Cindy Halford, Center for Real Estate Faculty Director Ed Coulson, Center for Real Estate Advisory Board Co-Chair Watty WatsonNakamura Brown, Merage School Dean Eric Spangenberg, Bixby Land Company President Aaron Hill, Cindy Halford, and Watty Watson / Photo via merage.uci.edu
Read more about the Bill Halford Family and Bixby Land Company Student Award and Merage’s Center for Real Estate here.
Employees Actually Work Harder If They Think Their Boss Gets a Big Fat Paycheck – MarketWatch
New research from Ricardo Perez-Truglia, Assistant Professor at UCLA’s Anderson School of Management, looks at the impact that knowing your coworker’s or boss’ salary may have on work ethic.
Circulated by the National Bureau of Economic Research, Perez-Truglia worked alongside Harvard Business School Assistant Professor Zoë Cullen to complete the study, which surveyed 2,060 employees at a large commercial break. According to the research, companies that try to prevent you from finding out the salaries of your coworkers may have good reason; employees who believed their coworkers’ made a higher salary than they did typically worked fewer hours and were more likely to leave the company. Conversely, employees who perceived their manager to have a higher salary than they do were likely to work more hours.
The perception of this makes sense from the rationale of the employer. Not only does the research support this methodology, but keeping salary details under wraps is a common union-busting tactic at larger companies. Union activity tends to correlate with larger salaries for lower and mid-level employees. It is illegal in the United States to prevent employees from discussing wages with one-another. However, several large companies, such as T-Mobile, tend to skirt the rules anyway.
You can read more about Perez-Truglia’s research here.
Ryan Patel Returns for Paul Merage Alumni Day, and More – Los Angeles News
Take a look at the latest news coming out of business schools in the Los Angeles metro.
New Accreditation Earned – Mount Saint Mary’s University News
The Accreditation Council for Business Schools and Programs (ACBSP), the country’s only organization which provides specialized business accreditation for all degree levels, recently offered accreditation to business programs at Mount Saint Mary’s University, Los Angeles.
ACBSP evaluates a variety of factors to determine which programs qualify for accreditation, including leadership, quality of academic programs, faculty credentials, strategic planning, educational support and more. According to ACBSP Chief Accreditation Officer Steve Parscale, “this accreditation is evidence that Mount Saint Mary’s is committed to providing the highest quality of business education for their students.” The Certificate of Accreditation was presented by Parscale at the annual ACBSP Conference 2018 in Kansas City, MO in June.
You can read more about the ACBSP and Mount Saint Mary’s degree programs here.
Merage Alumnus Patel Discusses the Importance of Global Diversity at 2018 Alumni Day – UCI Paul Merage School of Business Newsroom
Ryan Patel, graduate of UC Irvine’s Paul Merage School of Business‘ Fully Employed MBA program, recently returned to his alma mater to serve as keynote speaker for Merage’s annual Alumni Day.
Today a world traveler and global business executive, Patel has worked at major including frozen yogurt chain Pinkberry, where he served as Vice President of Global Development. During his tenure Patel was responsible for the chain’s expansion from 95 locations to 270, across 23 countries. Since his graduation from the Merage FEMBA program in 2008, he has become a frequent contributor on CNN and in 2017 was named as one of nine executives changing the world with their brands by Inc. Magazine.
Patel served as Keynote speaker for Merage’s Alumni Day this year, commenting on the power of influence and the importance of it to a leader. More than 120 guests attended the alumni event, listening to Patel’s commentary on the importance of diversity for building a global team. “Embrace different cultures and integrate shared values for optimal results,” Patel advises students.
Ryan Patel, speaking with at his alma mater, on 2018 Alumni Gathering Day / Photo via Chris Lee
Patel also reflected on his own experiences at UCI and the ways it informed his career path. “Throughout my time at UCI, I was able to interact with so many people from various industries and backgrounds … this created a great foundation for understanding how to work with and manage diverse teams as a future board director and during my tenure as vice president of global development at Pinkberry” he comments.
Read more about Ryan Patel and the UCI Paul Merage School of Business here.
Studios Welcome Entertainment Finance Students – LMU Newsroom
Throughout the most recent academic school year, finance students at the Loyola Marymount University College of Business Administration had the opportunity to benefit from strong ties between their university and the entertainment industry through a series of visits to major film studios.
The idea was developed by Mark Sgriccia, MBA (’08), Vice President of Worldwide Content Operations and Strategy at Lionsgate, who wanted to attract top talent from LMU MBA students for employment at the studio. After pitching his idea to LMU Associate Professor of Finance David Offenberg, Ph.D., the idea grew into planning a number of visits at studios like Universal Pictures, Netflix and Twentieth Century Fox.
Throughout the year, students had the chance to gain valuable insights and advice from top executives and LMU alumni. Patty Saienni (’98), vice president of accounting and financial reporting at Twentieth Century Fox,” commented on the LMU students and their visit to the studio. “I am very impressed!” she said. “Students asked good questions and were motivated. Studio employees were excited to have LMU students visit Twentieth Century Fox and you could clearly see the students were excited to be here.”
Read more about studio visits at LMU here.
Merage Alum Paves New Roads at Toyota, and More – Los Angeles News
We’ve rounded up the biggest stories coming out of business schools in the Los Angeles metro this week.
Zack Hicks: Toyota’s Leader for the Digital Future – UCI Paul Merage Newsroom
Zack Hicks, alumna of the Executive MBA program at the Paul Merage School of Business at University of California, Irvine, is leading the charge for digital intelligence at Toyota Motor North America. Using his experience from Merage’s EMBA program, Hicks charges forward as Toyota’s first-ever Chief Digital Officer, and CEO/president of Toyota Connected, a big data company that looks to use technology for improving the driving experience.
Zack Hicks, Merage EMBA alum and Toyota’s Chief Digital Officer, and CEO/president of Toyota Connected
In 22 years with the company, Hicks has served in a wide variety of departments, from financial services to IT. When deciding to go back for his MBA, he sought a program that would offer a new set of tools to draw from as he advanced in his career.
“I wasn’t interested in just checking the box, and I didn’t want to learn just theoretical aspects of business,” he commented. He also reflected on Merage’s diverse faculty and real-life business education: “I knew that made Merage a much richer learning environment,” he said in a recent interview with the UCI Paul Merage Newsroom.
Read more about Hicks’ work at Toyota and the EMBA program at Merage here.
Six Los Angeles Entrepreneurs Share Why Their City Is So Great For Starting a Business – Forbes
Though it may be better known as a city of dreams for Hollywood hopefuls, Los Angeles is also increasingly becoming a hub for business and entrepreneurship. Forbes recently compiled the insight of six members of the Forbes Los Angeles Business Council, sharing their thoughts on why Los Angeles is a top destination for entrepreneurs.
L.A. business leaders across a variety of industries shared their thoughts on the city as a perfect startup environment, including the city’s strong tech community, influx of startup talent, and its ‘second-mover’ advantage over Silicon Valley. “LA has the second-mover advantage when it comes to the startup scene,” commented Anna Nguyenova of TubeScience. “The office and living rent is significantly cheaper, there is more space to grow, more land to build on and it has one of the highest number of students graduating with a STEM degree.”
You can read more insights from L.A. entrepreneurs here.
G3X Conference Keynote Jan Masaoka to Examine the Challenges and Opportunities of the Nonprofit Sector – Mihaylo Newsroom
This August, the Mihaylo College of Business at California State University, Fullerton will host the weeklong G3X Conference to discuss issues in the social profit and social enterprise fields. The conference will be presented by the Mihaylo College Gianneschi Center.
Among the keynote speakers for the week will be Jan Masaoka, CEO of the California Association of Nonprofits. Masaoka has been in the social sector in California for many years, serving from 2007 to 2015 as editor-in-cheif for Blue Avocado, an e-magazine for philanthropic professionals. In 2003, the Nonprofit Times named her the Nonprofit Executive of the year. In advance of the conference in August, Masaoka shared her thoughts on philanthropy and success in the field with Mihaylo.
“Start and perhaps stay with work that is close to the action,” Mihaylo commented, offering advice to young people looking to join the social profit sector. “Instead of seeking to be an art grantmaker, put in the time as the office manager of a community theater.”
You can read more about Masaoka and the upcoming G3X conference here.
Healthcare Management MBAs in Los Angeles
California’s healthcare systems are under a lot of stress. According to the Orange County Register, the state’s healthcare staffing shortages are projected to widen as the population grows and doctors retire. Continue reading…
UCI Professor Makes Football Tailgating a Science
As fans eagerly anticipate the NFL playoffs, a new study by Tonya Williams Bradford, an assistant professor of Marketing at the Paul Merage School of Business, examines college football tailgating in an article titled, “Dwelling dynamics in consumption encampments: Tailgating as emplaced brand community.” Continue reading…
UC Irvine FEMBA Students Visit Spain as Part of International Residency
A group of 30 Fully-Employed MBA (FEMBA) students from the Paul Merage School of Business recently traveled to Spain for their International Residential. The group, led by Professors Connie Pechmann and William Hernandez, toured the Spanish cities of Madrid, Santander, and Bilbao, visited with a number of different companies, and experienced an authentic cultural experience. Some of the trip’s highlights included visits to the corporate headquarters of Banco Santander and SENER.
Located in Santander, Banco Santander originated in the Spanish city but has since expanded to operate in Europe, Latin America, North America, and Asia.
“I was extremely impressed with the [Banco Santander] speaker’s knowledge and business prowess,” said Christopher Adams, ’18. “After this experience, most of the students are craving a west coast expansion by the bank and some way to work for this organization. What an unbelievable and exclusive experience.”
In Bilbao, the group visited Grupo SENER, which is a global engineering and construction company. “Their innovative value proposition of differentiation at higher value was clear,” said Bita Hosseini, ’18. “But, what was shocking to me was their ability to facilitate cross-functional collaboration with both public and private experts as they transformed more into a manufacturing strategy rather than a services strategy, similar to GE. Learning about various solar panel plants and the mix of science and business was eye opening.”
The MBAs also spent time studying at the University of Cantabria where they learned how business was conducted in Spain. The students participated in lectures that covered topics such as economics, law, sustainability strategies, and corporate governance.
All FEMBA students have the opportunity to participate in an International Residential. This one-week residential is a rare, firsthand opportunity to learn about the socio-economic, cultural, and political issues faced by businesses outside the United States. Other recent trips have been to major cities in China, and have focused on how the country became a dominant political and economic force throughout Asia. You can learn more about the FEMBA program here.
