Clinical Professor of Entrepreneurship and Strategic Management
James E. Schrager studies the use of strategy to help managers predict outcomes. He also studies the role of boards of directors and venture capital successes and failures. Schrager was drawn to research in entrepreneurship by a fascination with extreme success and a desire to better understand how it happens--or not. In the classroom, Schrager hopes his students are able to learn how to better judge new venture investments and growth opportunities for existing businesses.
He has published multiple articles in the Wall Street Journal, the Chicago Tribune, and several other publications. He frequently is quoted in the press, and has appeared on NBC, ABC and PBS among other networks as an expert commentator on business strategy. He is founding editor of the Journal of Private Equity, published by Institutional Investors.
Schrager is a member of the Great Lakes Group, a strategy consulting firm. His other professional activities include a series of corporate turnarounds for the Pritzker family interests, through their Chicago-based industrial conglomerate, The Marmon Group. In addition, as executive vice president of San Francisco--based Getz Brothers & Co, he was responsible for the successful execution of the Getz Japan initial public offering in Tokyo, the first private U.S. company to be allowed to go public in Japan.
He has three times received the Emory Williams Award for Excellence in Teaching, and was twice selected to deliver the Convocation Address. He was named one of the top twelve teachers of entrepreneurship in the United States by BusinessWeek, who also named him one of the top two teachers at Chicago Booth. Schrager earned a bachelor's degree in economics from Oakland University and an MBA from the University of Colorado, majoring in accounting. In 1975, Schrager became a certified public accountant while in his first semester of law school. He graduated with a JD from DePaul University of Law in 1979, and a PhD from the University of Chicago in organization behavior and policy.
His hobbies include skiing, sailboat racing, and the restoration and repair of old cars.