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The Tuck Executive Program will be offered from July 27-August 15, 2003. To learn more about this or any Tuck Executive Education program, please contact our external relations team members at +1-603-646-2839 or tuck.exec.ed@dartmouth.edu, or visit our website at www.tuck.dartmouth.edu/exec.
Why Do Smart Executives Fail? A disproportionate emphasis on success stories in business education was the catalyst for Finkelstein to write Why Smart Executives Fail. After many years at the forefront of business education, Finkelstein began to scrutinize the widely accepted “best practices” model of training future business leaders. Amid the overabundance of bestsellers and courses about the remarkable success of certain CEOs and companies, it was clear that a void existed; there was not enough emphasis on business failure and how to avoid it. He therefore shifted his research to focus on the “worst practices” model. “As human beings, we know on a very basic, intuitive level that we learn from mistakes,” explains Finkelstein. “But very rarely in the business world do we actually analyze failure and use the lessons learned to develop practical, constructive strategies for success.” Read more International
Forum Focuses on World Trade Organization Since
its establishment in 1995, the World Trade Organization (WTO)'s dispute
settlement framework has been a critical component of the world trading
system. This dispute settlement structure has dealt with many conflicts
over the conformity of trade interventions—particularly anti-dumping
and safeguard actions—with world trade rules. As international
trade agreements continue to proliferate, disputes multiply and the
methods of dispute resolution become increasingly critical to the international
business community. This
conference brought together experts to consider the implications of
WTO disputes and the inevitable tensions that arise in interpreting
and enforcing WTO agreements. The forum's 10 panels covered topics including
the WTO Dispute Settlement Process, the Use and Abuse of Trade Remedies
by Developing Countries, the Dynamic Effects of WTO Review of Anti-Dumping
Actions, and Steel: What Remedies are Justified. To learn more about Tuck Global Leadership 2020 or any other Tuck Executive Education program, please contact our external relations team members at +1-603-646-2839 or tuck.exec.ed@dartmouth.edu or visit our website at www.tuck.dartmouth.edu/exec. Should
You Secure Startup Financing During a Boom or a Recession? These and many similar concepts were explored during the second annual Dartmouth-wide entrepreneurship conference, “Greener Ventures II: Innovation to Commercialization" (GV2), which was held on April 12, 2003, and drew more than 350 attendees. The daylong event, hosted by Tuck’s Foster Center for Private Equity and the Dartmouth Entrepreneurial Network in collaboration with Dartmouth College, the Norris Cotton Cancer Center at the the Dartmouth Hitchcock Medical Center (DHMC), and Dartmouth’s Thayer School of Engineering, was open to the Dartmouth and local business communities. Nationally recognized entrepreneurial leaders, business managers, angel investors, and venture capitalists assembled to discuss the process by which research-based innovation is transformed into profitable businesses.
Wireless capabilities have freed users from being in a fixed location, enabling them to accomplish similar tasks on the move. But how should we all think about the many aspects of mobile technology? Where is the industry headed and what are the implications? Why should businesses and consumers care? These questions and more were explored as attendees took part in a demonstration and display of mobile devices offered by a number of companies–including Motorola, Dell, Microsoft, Nokia, Apple, Palm, and Newbury Networks–and participated in a panel discussion about mobile computing and communications. The panel featured these
experienced industry executives: Stephen Wellman, editor of FierceWireless, a daily email update on the mobile/wireless space, moderated the panel. Hans Brechbühl, executive director of the Center for Digital Strategies, explains, "As the pale over technology of the last couple years lifts, mobile technology will be a chief area of interest for enterprises and for consumers. This event was designed to inform our community on the likely impact mobility and interactivity will have." The
Center for Digital Strategies is one of five research centers at Tuck
and focuses on the impact of web-centric information technology on corporations.
The Tech@Tuck series highlights digital technologies and their personal
or business implications. Each event features a panel discussion as
well as hands-on demonstrations of the latest associated gadgets and
devices. To learn more about the Center for Digital Strategies or Tech@Tuck,
please contact the center at +1-603-646-0899 or digital.strategies@dartmouth.edu
or visit www.tuck.dartmouth.edu/digitalstrategies. For the seventh consecutive year, the Tuck Business Bridge Program will give liberal arts, sciences, and engineering undergraduates a rigorous introduction to global business and help them develop the practical and analytical skills necessary to transition to a business career. This year, an estimated 230 students, representing more than 20 different countries and nearly 60 colleges and universities, will participate in the program. Bridge students develop a core of valuable business basics. Tuck faculty lead students through an integrated curriculum of case discussions, lectures, career and entrepreneurship panels, and student presentations that give participants the advantage they need when it comes time for corporate recruiting or starting a new job. LEAD, a national partnership of business and academia that began 23 years ago, is designed to introduce high school juniors to the world of business. LEAD programs take place at 12 summer business institutes, including Tuck. Run by Tuck’s James M. Allwin Initiative for Corporate Citizenship, the program hosts 30 LEAD students for a two-week session, during which they attend classes taught by Tuck professors, participate in a stock market competition, and learn about entrepreneurship. They also visit companies in Vermont and Boston to meet business executives and observe business in action. LEAD students are selected from a national pool based on their academic accomplishments and demonstrated leadership in their schools, communities, or churches. In their application essays, these exceptional young people have written about globalization, knowledge as a key to success, health care, cultural differences, the needs of poor neighborhoods, and how business can help others. The Tuck Business Bridge Program will be offered from June 16-July 11 and from July 21-August 15, 2003. To learn more about this program, please call +1-603-646-0252, email tuck.biz.bridge@dartmouth.edu, or visit www.tuck.dartmouth.edu/bridge. The
LEAD program will be offered at Tuck from July 6-19, 2003. To learn
more about this program, please email info@leadnational.org
or visit www.leadnational.org. The most recent Second Century Seminar was held on May 20, 2003, in New York City, hosted by John P. Costas T’81, chairman and CEO of UBS Warburg. The event was open to all Tuck and Dartmouth alumni in the New York area. Colin Blaydon, the William and Josephine Buchanan Professor of Management at Tuck and director of Tuck’s Foster Center for Private Equity, and Kent Womack, associate professor of business administration at Tuck, were the featured faculty speakers of the evening. Their lecture topics were “Private Equity: Lifting the Veil” and “The Five Deadly Sins of Decision Making,” respectively. A cocktail reception followed, with remarks by Tuck’s Dean Paul Danos about other activities at the school. To learn more about Tuck alumni events, please call +1-603-646-2837, email tuck.alumni.affairs@dartmouth.edu, or visit www.dartmouth.edu/tuck/alumni/index.html. Upcoming Programs and Events June July September October November Tuck
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With
Boeing embarking on a campaign to enhance its global presence, Paul
DiBianco, senior manager, procurement (right), wanted to expand his
own perspective. At the Tuck Executive Program (TEP), he says he found
"one of the most rewarding experiences of my career. The interaction,
the instruction—they forced me to confront a new set of questions."
Andreas
Gerber, director for European corporate business at Credit Suisse Financial
Services (left), has been identified as one of Credit Suisse's future
senior managers. But like many global financial institutions, the bank
has seen that its future leaders need skills to design and execute strategy
in a more dynamic world. At TEP, Gerber has found those change management
skills, delivered by a highly accessible faculty. "The level of
interaction is extraordinary. Even at dinner, our group was always joined
by at least four professors." Also just as valuable has been the
interaction with executives from American and Asian companies. "My
perspective of doing business outside Europe has completely changed,”
he says. "Even from a cultural standpoint, I can see several new
approaches that will make us more successful."
This
question, according to expert Sydney Finkelstein, is just as important
as asking why smart executives succeed. Finkelstein, the Steven Roth
Professor of Management at Tuck and faculty director of the flagship
Tuck Executive Program, is widely known as one of the top authorities
on strategy and leadership, and specializes in the subject of learning
from corporate mistakes. He is the author of Why Smart Executives
Fail (Penguin Putnam, June 2003), about which Alan Hassenfeld,
chairman & CEO of Hasbro, Inc. says, “ If you think you know
what's bringing down the leaders of the corporate world, think again.
Written with tact and humor, and offering tremendous insight (often
straight from the horse's mouth), Why Smart Executives Fail
can be your road map for avoiding the rocky paths these leaders followed.”
Highlights
of the event included opening remarks by New Hampshire Governor Craig
Benson (left); a keynote address delivered by Sherri Oberg D’82,
T'86, CEO of Acusphere, Inc.; interactive panel discussions with more
than 20 business leaders; a networking lunch; a fireside chat with David
Mott D’86, CEO of MedImmune Inc.; a $5K business-plan competition;
and a closing networking mixer. Fortune 500 companies whose representatives
attended the conference included IBM, Hewlett-Packard, Sun Microsystems,
Cisco Systems, and Pfizer Pharmaceuticals Group. 
On
April 24, 2003, Tuck’s Center for Digital Strategies hosted the
third event in its Tech@Tuck series for the Tuck, Thayer, and Dartmouth
communities. The topic of the daylong forum was “Mobile Interactivity:
Why Should Business Managers and Consumers Care?”
This
summer, Tuck will welcome new students for two highly successful programs
designed for college undergraduates and high school students: the 
