What's New
Byron Trott, AB ’81, MBA ’82, Raises $2bn for His Investment Firm
Adviser to Warren Buffett plans to continues fundraising efforts more>
James Kilts, ’74, Named Chairman of Nielsen Supervisory Board of Directors
Kilts brings two years of Nielsen board experience to new role
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Why You Should Play to Your Strengths and Listen to Your Heart
Dennis Keller, ’68, chairman of Devry and serial entrepreneur, discusses leadership and success in business
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Why Clifford Asness, MBA ’91, PhD ’94, is a Patriot
Forbes columnist applauds Asness for speaking out against Obama
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New York Times Profiles Nobel Laureate Myron Scholes, MBA ’64, PhD ’70,
Scholes on Long Term Capital Management, managing risk, and the crisis
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Chevron’s John Watson, ’80, Among BusinessWeek’s CEOs of Tomorrow
Cited for his experience “in nearly every part of the company”
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Forbes Interviews Janet Tavakoli, ’81, on the Credit Crisis
Tavakoli outlines early warning signs she saw in 2003
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Northern Trust’s Shundrawn Thomas, ’99, on His Path to Success
Thomas talks to the Chicago Tribune about combining faith, family, and a career
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Personal Coach Elene Cafasso, ’87, Shares Secrets of Networking
The president of Enerpace gives tips for today’s job market to NBC News Chicago
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Alumni to Know
Francis Bassolino, '02, managing director in Alaris Consulting's Shanghai office, says it’s possible to take advantage of the economic downturn in China. Bassolino coauthored an article on the topic in the China Business Review. Leaders of some major consumer goods companies "recognize that although this year will cause some pain for domestic and international companies, an overly defensive or flat-footed stance will only result in missed opportunities - during and after the downturn," he wrote. The authors labeled China's downturn as "more of a cyclical trough than a sign of structural weakness." Learn more >
Elene Cafasso, '87, president of Enerpace, Inc. Executive and Personal Coaching, and a client, Rita Gaskins, '85, were features in a television news piece on networking on NBC News Chicago. "I don't know of anyone in this economy who's gotten a job without using their network," Cafasso said in the broadcast. She discussed a common misperception about networking. "People think it's something that's out there, where you go and schmooze and you collect 7,000 business cards," she said. "And I tell my clients, the person who has the most cards loses. It's really about making those authentic mutually beneficial long-term relationships." Gaskins noted "the more people you know and the better connected they are, hopefully the shorter your job search." Learn more >
CEO Watch
Andrew Appel, '91, CEO, Aon Benfield is quoted in anarticle in Best's Insurance News commenting on how Reinsurance companies can benefit from turmoil in the global economy. "This will be a year where reinsurance has the opportunity to play a role in capital infusions into insurance companies," Appel said. Because reinsurance is liquid, inexpensive, and short-term, he said his reinsurance broker firm is advising insurance company clients to shore up capital positions with reinsurance until debt markets open further.
Careercast
Developing an Entrepreneurial Venture That Succeeds
In challenging economic times, starting a new venture could be one the riskiest things a person can do. Or is it? In this CareerCast, Brian Douglas, Chicago Booth alum and Co-CEO of Itzy Ritzy, shares his insights, lessons learned, and practical advice about what it means to start, grow, and manage a successful entrepreneurial venture.
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