The George Washington Univeristy
CIBER
2012-2013 ANNUAL REPORT
Table of Contents 1 Director’s Letter 2 About GW-CIBER 4 Fostering Research 6 Building a Community of Scholars 8 Teaching International Business 10 Promoting Experiential Learning 14 Advancing Education in Business Languages 18 Internationalizing Minority-Serving Institutions 20 Engaging the Business & Policy Communities 22 Supporting Student-Led Initiatives 24 GW-CIBER Administrators & Board of Advisors
Visit us online at http://www.business.gwu.edu/CIBER for updates. All Rights Reserved GW - CIBER 2013 Design by Aubri French
Director’s Letter In the past year, GW-CIBER continued providing quality research, teaching, and outreach programming related to the theme of Institutions, the State, and Development. Although we are still operating in an environment of reduced federal funding, we worked hard to maintain and expand our programs where possible, and we are proud of the Center’s accomplishments. Our annual Summer Doctoral Institute hosted six doctoral students pursuing degrees in U.S. universities who came to our campus to work with GW faculty on topics related to GW-CIBER’s theme. Every year this interdisciplinary program draws talented young researchers from a variety of academic backgrounds, and this year was no exception. Their fields of study were not only in International Business, but also in Management, International Relations, Finance, and Retailing. Most participants found projects of mutual interest with International Business professors from the School of Business, and we are eager to see the results of these collaborations. Budget cuts forced us to put on hold our Request for Proposals program, which was our main mechanism to fund research pursued by GW faculty and doctoral students. However, projects supported in previous years continued being presented at national and international conferences, and submitted for publication in top journals. Additionally, the GW-CIBER faculty coordinators worked on articles in our six focal areas, thus contributing to the pool of knowledge that we strive to expand and disseminate. In summer 2013, we hosted our GW-CIBER flagship program – the Faculty Development in International Business (FDIB) workshop titled “Succeeding in Emerging and Developing Countries: Understanding How Institutions Impact Firms and Managers.” First offered in 2008, this was the fourth workshop led (fully or in part) by Dr. Liesl Riddle, whose expertise and strong interest in the topic have shaped the structure and context of the program. The program was designed for faculty and Ph.D. students who
are studying, researching, teaching, or planning to teach in areas related to the FDIB’s theme, and we were able to offer them a diverse program including lectures, hands-on case discussions, and presentations by experts from academia, the private sector, government organizations, NGO’s, and multilateral organizations. Leveraging our strategic location, we hosted a kick-off dinner featuring a keynote address by Dr. Jianhai Lin, Secretary of the International Monetary Fund and a GW alumnus. Later in the week, the International Monetary Fund hosted a visit from the FDIB group at its headquarters. Our student programming again focused on experiential learning opportunities for graduate and undergraduate students. Once again, we supported the CIBER consortium’s Global Business Project (GBP) and the GW MBA Consulting Abroad Projects (CAPs). In addition, we granted 11 awards under a new program to provide stipends for students pursuing unpaid internships in International Business. These are just a few of our main accomplishments. We also had a full agenda of conferences, fora, lectures, and seminars, supporting student initiatives and providing outreach to the business and policy communities. Our ongoing collaboration with internal and external partners resulted in several interesting initiatives and events devoted to important and timely topics. In terms of activities promoting business language education, we marked the year by offering a language immersion workshop for instructors of Korean. In addition, our CIBER-affiliated Japanese and Chinese language faculty worked on business case and video projects designed for use in the language classroom. We also continued supporting three Historically Black Colleges and Universities in their efforts to internationalize their business curricula by providing professional development opportunities to a faculty member from each institution. We have lots of quality programming already planned for the next year of our grant, and we are excited for new opportunities in the coming years. Thank you for your continued interest in our activities! Sincerely, Reid W. Click Director, GW-CIBER Associate Professor of International Business & International Affairs
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About GW-CIBER The national CIBER program was founded under the Omnibus Trade and Competitiveness Act of 1988 and is administered through the U.S. Department of Education. Thirty-three universities are recipients of the CIBER grant, and this network serves to promote U.S. competitiveness and to provide programs and services that help students, academics, policy-makers, and businesses enhance their capacity for international understanding and succeed on the global marketplace. In pursuing the above objectives, GW-CIBER’s efforts have been guided by the University’s location, faculty capabilities and interests, and common goal to foster economic development through scholarship, education, and outreach to relevant stakeholders. Therefore, the central theme that unifies our programming is Institutions, the State, and Development in International Business, and it emphasizes the role of formal and informal institutions in facilitating international trade and economic growth, as well as the role of the State as a prominent institutional actor. GW-CIBER’s programs also focus on issues related to developing and emerging economies, and their
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implications for U.S. businesses. Understanding how to successfully navigate the developing market context is vital because the growth in these regions is changing the terrain for U.S. firms – posing both competition and new market opportunities. U.S. national security and prosperity depend on the presence of trading partners who are politically stable and strong enough to participate in the global markets. The George Washington University is striving for excellence in International Business, International Studies, and foreign languages. The University has the largest free-standing International Business department in the U.S., and is home to several other nationally-recognized programs such as International Affairs, International Law, and Public Policy and Public Administration. A federallyfunded National Capital Language Resources Center is also housed at GW, and is one of three such centers in the country. These capabilities, as well as GW’s close relationships with prominent DC-area organizations, are GW-CIBER’s main assets ensuring the achievement of its objectives.
Our Objectives 1. 2. 3. 4.
Advance the understanding of International Business along six focal areas. Integrate International Studies and Business education and provide real-world experiences in IB. Expand students’ proficiency in the context of business in less-commonly taught languages. Develop a scholarly community of doctoral students from around the country interested in research related to the Center’s theme. 5. Provide professional development opportunities for faculty at GW and Minority Serving Institutions. 6. Promote scholarship nationwide on the Center’s theme by assembling researchers from diverse disciplines and locations.
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Fostering Research
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Within the central theme of Institutions, the State, and Development in International Business, GW-CIBER’s activities are organized around six focal research areas. Each area includes issues that are or will be critical to U.S. managers in the near future, and draws on the strengths and interests of GW-CIBER affiliated faculty. GW-CIBER’s sponsored research takes the form of published articles and books, working papers, research seminars, training workshops, and conference presentations. Until last year, the main mechanism through which our sponsored research was carried out was the Requestfor-Proposal (RFP) competitions. These competitions have so far resulted in seventy-one funded projects (over six years), for a total of $581,737. In our previous annual report, we featured two of the latest research projects funded by GW-CIBER. We are pleased to report that Dr. Tara Sinclair’s paper “Characteristics and Implications of Chinese Macroeconomic Data Revisions” was presented at the 9th Annual CIRANO-CIREQ Workshop on Data Revision in Macroeconomic Forecasting and Policy in Montreal, Canada (a highly-selective venue), and has been accepted for presentation at the 2014 annual meeting of the American Economic Association. Dr. Sinclair is revising the paper for a journal submission. The other project featured in our previous report, “Institutions Sans Frontières: International Agreements and Foreign Investment”, was a finalist in the “That’s Interesting!” competition at the 2012 annual meeting of the Academy of International Business and has been accepted for publication in the Journal of International Business Studies. Due to the reduction of our budget, we were not able to offer an RFP competition for the 2012-2013 academic year. However, we were able to partially fulfill our research programming plans by offering GW-CIBER’s Summer
Doctoral Institute for research and study on the Center’s theme (see next section for details). The scholars that participated in the Institute worked on projects addressing: (i) the motives and patterns of cross-border mergers and acquisitions of financial companies from emerging economies; (ii) the relationship between U.S. political contributions and foreign stock returns; (iii) the influence of international training in the development of knowledge management capabilities of multinationals; (iv) the impact of insurgency and civilian deaths in Afghanistan on the country’s national morale and economic development; (v) top management staffing strategies in the banking sector and CEO succession in foreign subsidiaries of multinationals; and (vi) domestic politics of sovereign wealth fund investment. Our research endeavors are also enriched by the work of the GW-CIBER faculty coordinators, whom we support, and through collaborative initiatives (such as conferences and workshops) with other GW research centers, other universities, and DC-area organizations.
Focal Areas • • • •
Trade, Investment, and Labor Policy Firm-State-Society Relations Property Rights and Global Innovation Natural Resource Scarcity, Security, and Sustainability • Economic, Financial, and Political Crisis • Diaspora Investment and Entrepreneurship
Featured Project: Does Foreign Investment Carry Baggage from Home? This is the title of a working paper by Reid W. Click and Robert J. Weiner, GW-CIBER research scholars, coauthored with Yujin Jeong, a GW Ph.D. alumna on the faculty of American University. The premise of the research is that, although the literature on international investment does a good job considering institutions in countries hosting foreign investment, there is a need to consider the role of institutions in the multinational corporation’s home country as well. Findings of the project were presented to peers at the July meeting of the Academy of International Business. Recent growth of multinational corporations from emerging-market countries has generated interest in viewing institutions in the broader perspective. This new perspective suggests that multinationals from emerging markets with weak institutions value foreign investments highly for two reasons. First, they value the ability to escape home institutions and therefore want to acquire assets abroad. Second, they value the ability to apply expertise developed by dealing with weak home institutions to other countries. Click, Jeong, and Weiner offer a heterodox perspective, noting that the firms are also more at risk from home institutions than firms from countries with strong institutions. In other words, firms from countries with weak institutions carry this baggage with them when they go abroad. The demise of Yukos, a large privately-owned Russian oil company, is a good example of this. In a series of moves noted throughout the world, the government of Russia allegedly, and covertly, engineered the nationalization of the corporation. Yukos’s assets in Russia were sold in auctions that served to funnel them to state-owned oil companies. But
Yukos also had assets outside of Russia, including partial ownership of a large refinery in Lithuania and financial capital in Switzerland, and the government of Russia extended its grabbing hand to seize them. Although this is an extreme example of a firm carrying baggage from home, it illustrates that multinational corporations do not detach themselves from poor institutions when they go abroad. Moving beyond anecdotes, Dr. Reid W. Click, the researchers use a large global Associate Professor of International dataset on firms’ acquisitions of Business & International Affairs, petroleum reserves to test whether GW School of Business foreign investment systematically carries home-country institutions with it. Recognizing that weak institutions at home inflict a cost on outward foreign investment, their methodology “prices” institutional quality by estimating the effect of home institutions on asset value. They find that weak institutions in the home country indeed reduce the amount that firms are willing to pay for a reserve, both at home and abroad. The authors demonstrate that the effect is not due to homeDr. Yujin Jeong, country tax rates, financial resources/ Assistant Professor of International constraints, or inter-state relations Business, Kogod School of Business, between the host and home countries. American University In fact, nothing other than the quality of institutions explains the price effect coming from the home country. One implication of the research is that institutions in the U.S. convey a competitive advantage when firms go abroad because they take the strong institutions with them. Of course, hostcountry institutions are important also, but Click, Jeong, and Weiner show that, empirically, home-country institutions are just as important, and occasionally dominant. Moreover, cross-border transactions are not priced differently Dr. Robert Weiner, from domestic transactions once Professor of International both home-country and host-country Business, Public Policy and Public effects are taken into account. Administration, and International Affairs, GW School of Business
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Building a Community of Scholars GW-CIBER Summer Doctoral Institute Each summer, several doctoral students from some of the country’s top programs come to the GW campus for two months to engage in research with GW professors on topics of mutual interest and related to GW-CIBER’s theme of Institutions, the State, and Development in International Business. These are the participants of our Summer Doctoral Institute (SDI), an initiative that CIBER has been successfully offering every year since summer 2008. The program’s objective is to create a community of scholars working in a variety of disciplines but drawn together by their common interest in issues related to GW-CIBER’s theme. While in DC, the students live in university housing on GW’s Foggy Bottom campus, and this encourages not only academic but also social interaction. Each student works with a mentor, who is a member of the GW faculty, to produce a paper suitable for presentations at academic conferences and publishable in a top journal. This student- mentor relationship is of great benefit for both parties. The student works one-on-one with a faculty expert, and the mentor has the opportunity to work with a dedicated full-time research collaborator from any Ph.D. program in the country. Additionally, the SDI students have access to GW and DC resources, and participate in research seminars, workshops, and conferences. In summer 2013, GW-CIBER welcomed six SDI students pursuing Ph.D. studies in programs such as Finance, International Development, International Relations, Management, Retailing, and Strategy and Innovation. They worked with faculty members from the Departments of International Business and Political Science.
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GW-CIBER SDI program was a great experi“topics ence for me. The weekly seminar on various considerably expanded my perspective on
international business, and needless to say doing a research with my mentor professor was invaluable and helpful. In addition, all the CIBER professors were so supportive that students could be more motivated to work hard. Overall, the experience will go a long way towards my being a successful scholar in the future.
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-Kyoung Yong Kim, SDI 2013 Participant
Summer Doctoral Institute offers a unique “inandThe rewarding experience for doctoral students a variety of majors. Participating with peers
outside of my field of study allowed me to gain new perspective on where international business literature stands in the various fields, which I was then able to incorporate into my current project. The CIBER faculty and staff truly engage in everyone’s projects giving a sense of community and support throughout the program. The collaboration in the SDI has provided me a network of scholars with invaluable worth going forward in my career.
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-Kelsey Syvrud, SDI 2013 Participant
Featured Project: CEO succession in foreign subsidiaries: Exploring the dynamics of human capital allocation following a performance shock Marketa Sonkova & Hein Bogaard This study explores CEO succession in foreign subsidiaries of multinational companies, which is a setting that has not received adequate attention in the literature. The foreign subsidiary context is important and useful for the study of turnover and subsequent CEO selection, because subsidiary executives not only exercise considerable influence over the organization, but the varieties of their human capital attributes are more nuanced and complex than those under consideration in stand-alone firms. To test the relationship between antecedent firm performance and turnover and preference for successors’ human capital attributes, the authors exploit the effects of the 2008 global financial crisis, and analyze succession events which occur in the foreign subsidiaries of multinational banks during the period 2005-2012. The authors find that while broad environmental shocks and subsidiary performance shocks both incite turnover in the top subsidiary leadership post, they prompt different preferences with respect to successors’ human capital attributes. Specifically, economic crises promote a preference for subsidiary-specific human capital, while performance shocks limited to the subsidiary are associated with a preference for MNC-specific human capital and for successors with broad international experience.
SDI 2013 Participants & Mentors Jie Li – Michigan State University GW Mentor: Jiawen Yang Kelsey Syvrud – Florida State University GW Mentor: Meghana Ayyagari Kyoung Yong Kim – University of Houston GW Mentor: Anupama Phene Mark Silinski – Tulane University GW Mentor: James Lebovic Marketa Sonkova – Boston University GW Mentor: Hein Bogaard Di Wang – Texas A&M University GW Mentors: Robert Weiner, Srividya Jandhyala
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Teaching International Business Faculty Development in International Business (FDIB) 2013 Succeeding in Emerging and Developing Markets: Understanding How Institutions Impact Firms and Managers
GW-CIBER’s flagship FDIB on emerging and developing markets is designed to equip International Business educators with an in-depth understanding of how institutions shape the strategies that firms employ and the actions that managers take when operating in these countries. This biennial workshop explores how weak institutions create particular challenges, such as corruption, political risk, regulatory obstacles, and social divisions —and the ways firms and managers can cope with these issues. Also examined is the role of non-governmental and multilateral organizations, social entrepreneurs, and diaspora communities in strengthening institutions in these markets. The workshop is targeted at faculty and doctoral students who are currently offering, or are planning to offer, a university-level course related to the above topic, and researchers who are interested in enhancing their understanding of the issues concerning the emerging and developing countries. Scholars from a variety of backgrounds are invited to participate. In June 2013, we offered our FDIB for the fourth time. Twenty faculty and ten doctoral students from U.S. and overseas institutions attended the FDIB 2013. Their appointments and degrees of studies spanned disciplines such as Business Administration, Economics, Entrepreneurship, Global Supply Chain Management, International Business, International Relations, Management, Marketing, Retailing, Strategy, and Sustainable Design Studies. The workshop opened with a welcome lunch and a program overview, followed by a framework lecture by the workshop leaders who set the stage by discussing what institutions are and why they are important for development. This was followed by a discussion on a case
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Workshop Leaders Dr. Liesl Riddle, Associate Professor of International Business and International Affairs; Associate Dean of Graduate Programs, GW School of Business Yohannes Assefa, Esq., Director at Stalwart Management Consulting PL; Adjunct Professor of International Business, GW School of Business that looked at how the pace and extent of institutional change in a developing country can pose challenges for businesses. The first day concluded with a welcome dinner which provided all participants the opportunity to meet with other GW-CIBER stakeholders. The highlight of the dinner was the keynote address by Dr. Jianhai Lin, Secretary of the International Monetary Fund (see box on the next page). The second day was rich with guest presentations and panel discussions offering various perspectives from researchers and practitioners. The topics covered included ways to navigate institutions in emerging and developing markets, coping with corruption, and using political risk indicators for teaching and research. Another academic case discussion, focusing on the challenges faced by Mobil Oil Indonesia in managing its local operations, gave the workshop attendees the opportunity for a hands-on teaching experience. The third day focused on the role of multilateral organizations in emerging and developing countries. We showcased talks by representatives from the World Bank and the International Monetary Fund, and provided ample time for small group discussions and debates on the topic. We also organized a group visit to the IMF where the participants had the opportunity to sit in the Executive Board Room and hear a talk on the IMF perspective on the institutional challenges in emerging and developing markets. The fourth and last day of the workshop looked at the role of institutions in providing access to credit and at how impact investing and diaspora entrepreneurship can stimulate institutional transformation in developing countries.
FDIB 2013 Presentations PRACTITIONERS’ PERSPECTIVES Navigating Institutions in Emerging Markets & Developing Countries S. Qaisar Shareef, Former Country Manager, Procter & Gamble, Pakistan & Ukraine Rex Pingle, President & CEO, PMD International; GW-CIBER Advisory Board Member The World Bank’s Doing Business Index: Potential for Research & Classroom Use Dr. Rita Ramalho, Program Manager, Doing Business Unit, The World Bank RESEARCHERS’ PERSPECTIVES Political Risk in International Business: Teaching and Research Dr. Reid W. Click, Director, GW-CIBER; Associate Professor of International Business & International Affairs, GW School of Business Dr. Robert Weiner, Professor of International Business, Public Policy and Public Administration, & International Affairs, GW School of Business Impact Investing: Building Institutions Through Investment Ambassador John Simon, Founding Partner, Total Impact Advisors Randall T. Kempner, Executive Director, Aspen Network of Development Entrepreneurs (ANDE) Tom Scriven, J.D., Consultant and Legal Advisor, Renew Strategies The Role of Institutions in Providing Access to Credit Dr. Meghana Ayyagari, Associate Professor of International Business, GW School of Business
FDIB 2013 Welcome Dinner & Keynote Address The FDIB 2013 welcome dinner at the City View room of the Elliott School of International Affairs was organized in collaboration with several GWSB units – the Office of Graduate Programs, the F. David Fowler Career Center, the Office of Development & Alumni Relations, and the Office of Special Events. The theme of the dinner was “A Practitioner’s Perspective: Dinner with Business and Policy Professionals.” The workshop participants were also joined by GW alumni, GW faculty and staff, and graduate and undergraduate students. The highlight of the dinner was the keynote address by Dr. Jianhai Lin (GWSB DBA ’86), Secretary of the Fund and the International Monetary and Financial Committee at the IMF, who talked about future global challenges and IMF’s policy responses.
AN AMBASSADOR’S PERSPECTIVE China’s Involvement in Africa: The Role of Institutions Ambassador David H. Shinn, Former U.S. Ambassador to Ethiopia THE IMF PERSPECTIVE Institutional Challenges in Emerging & Developing Markets Patrick Cirillo, Principal Assistant to The Secretary of the International Monetary Fund and the IMF’s International Monetary and Financial Committee, IMF OTHER PRESENTATIONS Corruption and the U.S. Foreign Corrupt Practices Act Yohannes Assefa, Esq., Director, Stalwart Management Consulting PL China’s Economy in an Era of New Leadership Dr. Doug Guthrie, Professor of International Business and Management, GW School of Business Bridging Institutional Divides: Diaspora Entrepreneurship & Investment Dr. Liesl Riddle, Associate Dean for Graduate Programs; Associate Professor of International Business & International Affairs, GW School of Business Romi Bhatia, Senior Advisor for Diaspora Partnerships, Global Partnerships Division, USAID
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Promoting Experiential Learning Supporting Internships in International Business In times of high unemployment and scarce paid entrylevel positions, unpaid internships are one of the very few options for students to hone their skills, work in the area they are interested in, and gain the experience sought after by employers. Unfortunately, many well-qualified students cannot afford to work without pay, thus missing valuable training and career opportunities. Therefore, starting in Fall 2012, GW-CIBER decided to offer funding to GW School of Business undergraduate and graduate students who have, or are seeking to have, an unpaid internship. We offered two calls for applications during the 20122013 fiscal year – one for academic-year internships and one for summer internships. Eleven students received funding. They had secured internships in organizations such as the National Geographic, the Overseas Private Investment Corporation (OPIC), Vital Voices Global
Partnerships, American World Services Corporation, City Financial Investment Company (London), Abriendo Mentes (a nonprofit community-development initiative in Costa Rica), the U.S. Export Assistance Center, the Department of Commerce in the International Trade Administration, and the U.S. Agency for International Development (USAID). Some of the general business skills that the students have developed and enhanced during their internships are writing, research, team working, decision making, and budget and time management. They have also acquired specific international business skills and knowledge such as cross-cultural communication and foreign language skills, industry and regional expertise, international trade skills, familiarity with NGO practices, and awareness of global economic development and social issues.
Student Feedback
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My internship as an investment associate at the Overseas Private Investment Corporation (OPIC) has allowed me to improve my ability to assess the creditworthiness of social enterprises in emerging markets and understand how to analyze and mitigate the associated risks of lending to them. I learned how to prepare investment screening members to evaluate borrowers for international projects and originate loans worth tens of millions of dollars to projects in developing markets. Additionally, I was able to translate this knowledge towards internal improvement projects by developing a set of social enterprise underwriting guidelines for the organization to use in assessing all its impact investing deals going forward and to work to streamline the internal bureaucracies of a government organization. This internship opportunity, and the ability to undertake it as a result of the funding from CIBER, has confirmed my interest in a career in development finance moving forward, and has allowed me to hone in on what roles I might be successful at. It also exposed me to important contacts within the industry that could be future employers. The ability to undertake this kind of opportunity while at graduate school was my primary reason for attending George Washington University, and the stipend helped to ensure that happened. The work and experience I have gained here have allowed me to achieve my goals towards achieving direct industry experience in a small but growing field and to strongly complement my graduate experience. I could not have done this solely through the curriculum of the GMBA program. OPIC just this week announced record results and I am proud to have contributed to the success of such a small and dynamic, yet globally impactful organization. - Richard Woodhull, Global MBA student
Global Business Project 2013 The Global Business Project (GBP) is a unique action-based learning course which gives the participating students the opportunity to gain practical international business experience. The 2013 program was offered by a consortium of several CIBER schools and one foreign school. MBA and other specialized Master’s students, from multiple business, cultural, and university environments, work with corporate executives to solve a business challenge. For four months, the GBP exposes the students to the profession of global consulting, involving multi-school virtual teaming, foreign-language and cross-cultural communication, fast-paced decision making, and real-world business problems. Besides gaining practical experience, the students also have the opportunity to (i) boost their career prospects by working with companies that recruit recent graduates; (ii) assess their skills by benchmarking them against those of students from other schools; and (iii) acquire knowledge (both by instruction and learningby-doing) of well-established consulting practices and frameworks. The GBP is a highly-competitive program, with student teams matched to projects based on their collective competence in the required industry and functional areas, as well as in the language of the destination country. In this way, clients are assured that they will work with the best students and receive high-quality and actionable solutions to their problems. Four GW students were accepted in GBP 2013 – one from the full-time Global MBA program, one from the Accelerated part-time MBA program, and two students from the MA program in International Trade and Investment Policy within the Elliott School of International Affairs. In almost all of the consortium schools, the GBP participants are recruited from the full-time MBA population. At GW, we are pleased to offer this opportunity to all qualified Master’s level students, and have been observing an increased interest from students in programs such as Accountancy, Finance, Information Systems and Technology Management, International Trade, and Healthcare
MBA. We believe that they can offer not only general business skills, but also the specific expertise that some GBP projects require. The four GW GBP 2013 participants were assigned to projects with the following companies: Eli Lilly, Brazil (adaptation of marketing and sales strategy model to the local market); Citibank, China (identification of new business opportunities, trade flows, and potential priority industries, as well as investigation of how to increase trade revenues); Dorf Ketal, India (a leading refinery and exporter of specialty chemicals; analysis of current pricing strategies and identification of suitable new pricing management systems); and Springs Creative, China (evaluation of current processes and possible new sites for this leading supplier of retail fabrics and packaged crafts).
GBP 2013 Client Companies
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Promoting Experiential Learning Consulting Abroad Programs For a third year in a row, the GW-CIBER played a critical role in supporting the GW MBA Consulting Abroad Projects (CAPs) program, which is the centerpiece of the Global MBA (GMBA) curriculum. The CAP program provides first-year GMBA students with the opportunity to gain deeper expertise in a select country, industry or sector by engaging them in a consulting project experience for an overseas client. The CAPs are carefully selected and designed to meet the interests of our students and contribute to their professional development in areas that are important to them. The CAP program is a three-course sequence that takes place in the second half of the first year spring semester. The sequence begins with the International Management (IM) course, which provides students with the theoretical framework for understanding important issues relevant to international business. Students also participate in an international consultancy practicum lab that introduces them to their consulting assignment and provides them with an opportunity to begin designing solutions to the problem they are addressing. At the conclusion of the IM course and the practicum lab, students travel overseas to the client home country for a two-week period to finalize their projects and make final
recommendations to the organizations abroad. During the two weeks in-country, the students also participate in site visits with relevant companies and organizations. To equip students with the necessary consulting skills needed for the program, the GW-CIBER provided a full-day interactive training workshop featuring Paul Friga, an international consulting expert and Assistant Professor of Strategy and Entrepreneurship at the University of North Carolina. In the workshop, students were taught a specific consulting methodology called TEAM FOCUS, which guides teams through the entire consulting process from getting to know each other, to understanding and framing the problem, to learning how to collect and analyze data, and, finally, to synthesize and present valuable recommendations. The TEAM FOCUS methodology is being increasingly taught at MBA schools across the country and will be a valuable framework for the students to employ in any team project involving problem solving, both within school and beyond. See the box on CAP 2013 Countries and Projects to learn more about the industry and sectors that were selected for the program.
CAP 2013 Countries and Projects
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India: Students worked with Mahindra & Mahindra, a leading automotive manufacturer in India, in the area of demand and supply chain management for selected segments of their vehicles. Peru: The clients were subsidiaries of two large multinationals, the Interpublic Group (IPG) and Sodexo. With IPG, the students advised Universal McCann, Peru on how to increase digital media investment and how to increase the retail sales of a major department store. The second client, Sodexho, Peru, asked the students for recommendations on how to increase the company’s sales and profits from their facilities management practice. Rwanda: The student teams were presented with projects by a number of SMEs operating in the agriculture sector that had been recognized and awarded by the Rwanda Development Board as high growth potential companies. The students performed environmental and competitive analyses of their industries and made strategic recommendations regarding marketing and expansion. Sweden: Five Swedish CleanTech companies tasked the teams to conduct thorough market analyses and to create market entry plans for the U.S. market. The students were asked to identify key strategic partners and provide recommendations for high-quality growth. Turkey: SĂœTAS, the leading domestic dairy producer in Turkey, asked the student teams for assistance with the company’s international expansion plans. The projects were related to market entry strategy, product development and marketing, and finance.
Featured CAP: Rwanda
GW-CIBER deepened its support for the CAP program this past year by providing both the faculty and the administrative leadership and oversight for the Rwanda CAP program. Reid Click, GW-CIBER Faculty Director, and Alexis Gaul, GW-CIBER Administrative Director, teamed together to develop a program that is reflective of GW-CIBER’s theme of Institutions, the State and Development in International Business, in which students were introduced and exposed to the broad topic of “Business at the Bottom of the Pyramid.� Rwanda is one of the poorest countries in the world, yet has made significant business and economic reforms over the last decade. Rwanda, therefore, serves as an excellent laboratory for students to learn first-hand about the institutional challenges and opportunities that firms face in developing countries. The Rwanda Development Board (RDB), the quasi-government entity that oversees private sector development in Rwanda, functioned as the main client for the program and identified small businesses in the agriculture sector to serve as sub-clients. Sample clients and projects included: Coproviba, a banana wine producer that is interested in exporting their product to the U.S.; Shenga Coffee, a wet-processing coffee facility that seeks to expand operations but lacks access to
capital; and BN Producers, an industry-leading fresh mushroom producer that needs to expand its customer base to meet its current product supply. The focus on a single sector provided a unique opportunity for students to gain an in-depth understanding about a particular area, an understanding that was acquired and reinforced from the various components of the program. For instance, during the in-class portion of the course, students learned about the importance of the Rwandan agricultural sector, as well as concepts and frameworks associated with enhancing value and supply chains in agriculture. During the study-tour portion of the course, students were exposed to lectures by key individuals involved in the agriculture industry (such as the Minister of Agriculture), and participated in site visits at the leading agriculture companies in the country. During the consulting project portion of the course, students conducted additional primary and secondary research to deepen their understanding of the subject matter. This shared and new knowledge enabled students to collaborate across teams, exchange insights, and ultimately create a set of recommendations that provided value to the sub-clients and the Rwanda Development Board.
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Advancing Education in Business Languages A Note From the Business Language Coordinators
GW-CIBER’s Business Languages program thrived in 20122013 with many exciting projects and initiatives. GW Professors of Japanese Shoko Hamano and Mitsuyo Sato completed their Business Case and Video projects on the Seven Eleven and Famima!! convenience store chains. Additionally, our CIBER affiliated Professor of Korean Young-Key Kim-Renaud prepared her Business Language Immersion workshop for Korean instructors. This well-attended allday event featured engaging presentations and interaction between the workshop participants and local Korean government, cultural, and business leaders. Aside from these pre-planned activities, this year’s focus was on spreading the word about GW-CIBER’s Business Languages activities to a national audience. First, we presented a session at the national conference of the American Council on the Teaching of Foreign Languages (ACTFL) in Philadelphia, entitled “How to Succeed in Business Language Teaching: Story-based Cases.” The presentation showcased the business cases (and accompanying materials) we have developed with CIBER support over the past two years. In April 2013 we held a webinar for the American Association of Teachers of German on effective teaching with business cases. Both events reached a national audience of participants eager to learn about these new materials and methods for business language teaching. Five GW faculty members participated in the National CIBER Business Languages Conference at Indiana University in Bloomington, Indiana last spring. We presented a session on using and creating charts and graphs for business language instruction. The highlight of the conference was the lively and popular presentation by the team of GW Spanish instructors who were awarded a Business Language Research and Teaching (BLRT) Grant last year for their case study featuring “local” Washington, DC, celebrity chef Jose Andres. With the official launch of the business language column in the national newsletter of the National Capital Language Resource Center (NCLRC) last fall (2012), an increasingly large audience, including K-12 teachers, is gaining regular exposure to GW-CIBER (and other CIBERs’) business language projects as well as to the scholarship and activities related to business languages.
One of GW-CIBER’s objectives is to expand students’ proficiency in the context of business in less-commonly taught languages. Towards that end, we have been supporting GW language faculty to develop courses in languages such as Business Arabic, Business Chinese, Business Korean, and Business Russian. Business units and modules have also been developed for German and Japanese. Additionally, recognizing the need for high-quality training of teachers of business language, we are also offering thematic and immersion workshops where GW-CIBER affiliated language professors share their experience in teaching business languages and demonstrate pedagogical methods, useful materials (such as short business cases and videos), and best practices. Through our Business Language Network, we strive to serve as a regional leader in business language teaching by providing guidance and resources.
NCLRC Article GW-CIBER has established a multi-year partnership with the National Capital Language Resource Center (NCLRC). It includes support for their Summer Institutes for K-12 language teachers, and a monthly NCLRC Newsletter column on Business Languages (contributed by Dr. M. Gonglewski, GW-CIBER’s Business Language coordinator). You can read the column here: http://www.nclrc.org/newsletter.html.
GW-CIBER Business Language Coordinators Dr. Margaret Gonglewski, Associate Professor of German; Director of the GW German Program, Columbian College of Arts & Sciences
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Dr. Anna Helm, Assistant Professor of International Business, GW School of Business
Business German Module on Green Business
The Green Business course unit for Business German was developed by Margaret Gonglewski & Anna Helm, GWCIBER Business Language Program Coordinators, with assistance from GW-CIBER RA Deva Kemmis-Hicks. The unit provides methods and materials for a cutting edge advanced business German course that showcases environmental awareness and action as cultural values in Germany. The business case LaissezFair, featuring engaging video-interviews with two young “green” T-shirt company owners, is the focal point of the unit, which begins with an introduction to ecologically conscious living and exploration of students’ own environmental choices, and concludes as students apply their new knowledge through case tasks. The learning goals for the unit include: • Make the connection between the cultural importance of ecologically conscious living and green business in Germany, specifically in the sector of the eco-fashion (organic, free trade clothing) industry. • Identify and analyze the business problems of a small German eco-fashion company. • Formulate an action plan to address the problems, through synthesis of information about the company (provided through a business case and accompanying video) and of the newly gained knowledge about ecologically conscious living and the eco-fashion industry in Germany. • Present the action plan, supported with secondary sources, at a business meeting. • Evaluate all proposed action plans for their practicality, creativity, potential for success. The German Green Business unit can serve as a model for other potential business language courses to follow in terms of content and culture focus, level-appropriate activities and competency building, and effective use of technology in the business language classroom. Materials related to the Green Business module can be found here: http://business.gwu.edu/CIBER/businesslanguage/blcd/BLGermanModuleGB.cfm
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Advancing Education in Business Languages Teaching Business Korean in the 21st Century
As part of our continued business language outreach efforts, we offered, for a second time, a professional development workshop for Korean language faculty. The seminar was led by two GW-CIBER affiliated language professors, Young-Key KimRenaud and Miok Pak. This event provided all participants with an opportunity to learn about methods for teaching Business Korean, and to observe demonstrations, hear presentations from prominent speakers, and exchange ideas and materials. And since the workshop was part of our language immersion series, all presentations and discussions took place in Korean. The guest speakers at the workshop talked about: • The state of the Korea-U.S. economic and trade relations (Gheewhan Kim, Minister for Economic Affairs, Embassy of the Republic of Korea). • Similarities and differences between the Korean and the American business cultures (Andrew Chanho Sonu, Attorney at Law, Finnegan, Henderson, Farabow, Garrett & Dunner, LLP). • The globalization of Korean business (Chang Ho Ahn, Chairman, Rexahn Pharmaceuticals, Inc). The concluding workshop activity was a visit to the International Monetary Fund where Jong-Won Yoon, Executive Director, Asia and the Pacific Constituency, discussed the relationship between Korea and the IMF.
GW-CIBER Business Korean Faculty Dr. Young-Key Kim-Renaud, Chair of the East Asian Languages and Literatures Department, Professor of Korean Language and Culture and International Affairs, Columbian College of Arts & Sciences
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Dr. Miok D. Pak, Teaching Assistant Professor of Korean Language, East Asian Languages and Literatures Department, Columbian College of Arts & Sciences
Creative Tools for the Language Classroom
Featured Project:
Japanese Business Case: Economic and Environmental Impacts of Company Policies on Merchandize Discounting and Disposal: A Case of Seven-Eleven Japan Co. Currently, there are more than 45,000 convenience stores in Japan and they play a very important role in people’s daily lives. One statistic suggests that more than 70% of people aged 10 to 60 go to a convenience store at least once a week. In contemporary Japan, convenience stores are a daily destination for a variety of ready-made foods. Perishable foods have ‘best if eaten by’ date and time, and most convenience stores follow a strict schedule and immediately dispose of foods prior to their expiration. This occurs multiple times each day. In 2010, about 220,000 tons of edible but expired food ended up in the garbage at convenience stores in Japan. Considering that the country’s food self-sufficiency rate is below 40% (which is one of the lowest rate among developed countries), food disposal quantities deserve much attention. The goal of this business case on Seven-Eleven Japan Co. is to acquaint students with the current situation of food disposal in Japan and with the role that convenience stores play. After examining the positions that franchise owners and customers take on whether or not expired food should be thrown away, students participate in a series of role plays to express their opinions by using common vocabulary. Presentation skills are also polished by using appropriate etiquette and speech style for business settings in Japan. Japanese Video: Famima!! – Japanese Style Convenience Store The Japanese video project focuses on the Japanesestyle convenient stores called Famima!! (owned by Famima Corporation). Their parent company, FamilyMart is Japan’s third largest convenience store chain, with more than 20,000 franchise stores in China, Taiwan, South Korea, Thailand and Viet Nam. The chain opened its first U.S. store in July 2005, and currently operates ten stores near Los Angeles. Through this project, students learn about Famima’s experience with bringing Japanese-style convenience stores to the U.S. market and about Japanese business culture and hospitality. The students also learn how to differentiate Famima from other competitors. To enrich and deepen students’ understanding on the convenience store culture in Japan, this video project is used along with the Japanese Business Case on Seven-Eleven Japan.
Using creative tools, such as cases, videos, presentations, and interactive exercises, is essential for language learning since it allows students to experience the language in many aspects. GWCIBER’s business case and video series was launched with the objective of developing and offering such creative tools because short cases and videos are especially helpful in the business language classroom. The reading material establishes the context in which certain business vocabulary is used and encourages students to discuss a relevant topic. The videos, on the other hand, provide additional information pertaining to the speakers’ demeanor, pronunciation, and the way a certain message is delivered and accepted. During the 2012-2013 grant year, a set of complementing Japanese case and video projects were completed. The GW-CIBER affiliated Chinese language professor also made significant progress towards the completion of her case and video projects. She has collected authentic material from two Chinese companies facing business challenges. Last year, the Russian and German projects were completed. A project in Korean is near completion as well, and a project in Arabic is planned for next year. To showcase these accomplishments of our language faculty in this area, and to disseminate their work, we launched a Case Clearinghouse on GW-CIBER’s website: http://business.gwu.edu/CIBER/ businesslanguage/blcd/BLClearinghouse.cfm. On this page, interested language instructors can see detailed information about the projects and download course plans, assignment examples, and other resources.
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Internationalizing Minority-Serving Institutions
One of CIBER’s priority areas is to support minorityserving institutions in their efforts to internationalize their curricula. To that end, within the HBCU (Historically Black Colleges and Universities) Fellows Program, GWCIBER works with one faculty member from three DC-area schools – Howard University, Morgan State University, and University of the District of Columbia. During the 2010-2014 period, for which the three Fellows are appointed, they participate in professional development initiatives designed to enhance their expertise related to international business and development. In June 2011 and June 2013, the Fellows participated in our faculty development workshop on Succeeding in Emerging and Developing Markets. Additionally, in their second year as GW-CIBER affiliates, the Fellows received full support to participate in overseas faculty development study tours
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(to China and the Mercosur region) which allowed them to enrich their knowledge about the business, economic, and cultural issues in these geographic areas. Furthermore, the Fellows were offered the opportunity to observe on-campus and online courses taught by GW professors, including Global Perspectives, International Marketing Management, and Oil: Industry, Economy, Society. For their last year as GW-CIBER Fellows, the three professors are invited to apply for funding for the organization of an event or program related to International Business at their home institutions. The purpose of this initiative is to encourage the Fellows to use what they have learned during the past four years and contribute to their schools’ program development.
HBCU Fellow Profiles Dr. Masoud Kavoossi Dr. Masoud Kavoossi is currently a tenured professor who teaches International Business courses at Howard University in Washington, DC. He has had graduate and undergraduate appointments at American University, Sellinger School of Business, Loyola College, Georgetown University, and R.H. Smith School of Business. He was awarded Distinguished University Chair Professor at Shandong Institute of Business and Techonology, P.R. China (2010), Distinguished University Chair Professor of International Business at South Western University of Finance Economics, P.R. China, and a visiting scholar/lecturer t othe Kuopio Polytechnic Intercultural Business Program, Finland. In addition, he has served as graduate faculty of Industrial Management Institute, Tehran, Iran. He is the author of numerous scholarly journals articles and cases including his book “Globalization of Business and the Middle East”. He is a holder of the 2003-04, FulbrightJohannes Kepler Distinguished Chair Professor of International Business in Austria. Dr. Kavoossi received his Ph.D. from the Catholic University of America.
Dr. Nikolai Ostapenko Dr. Nikolai Ostapenko currently serves as an Associate Professor with the School of Business and Public Administration of the University of the District of Columbia as well as president, board director, and consultant for international humanitarian organizations in Washington, DC. Nikolai holds Ph.D. and Dr. Sc degrees from St. Petersburg University with a specialty in Developmental Economics and International Economic Theory. His previous experience includes faculty and research positions with renowned universities in England, Russia, Sweden, and the U.S. He has held many visiting and research appointments in several countries, including GW-CIBER Fellow, British Council fellow, Stockholm University scholar, St. Petersburg University and Moscow University research scholar in residence. An expert in the area of transnational management and international development, Dr. Ostapenko has published over 142 academic books, articles, and research papers. He also teaches part-time at the McDonough School of Business, Georgetown University, Washington, DC.
Dr. Darlington Richards Dr. Darlington Richards is an Associate Professor of Management and International Business at Morgan State University. Dr. Richards is also a Visiting Professor at Ghana Institute of Management and Public Administration. He also serves as both a Fellow and Consultant to the International Dispute Resolution Institute. Dr. Richards graduated from Law Schools at bothe the University of Jos and the Nigerian Law School, has a Masters Degree in Tax Law from the University of Baltimore and a Ph.D. in Management from Sheffield H. University. Dr. Richards teaches classes in International Business, Marketing Management, Entrepreneurship, Business Law and Legal and Ethical Environment of Business. He has published extensively in the areas of Privatization, Market Reform, Law Reform for Emerging Economies and Ethics in Business. Dr. Richards has won many awards including the Emerald Literati Award, Morgan State University and University of Baltimore Outstanding Service Awards, and the IAABD Recgonition of Service Award.
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Engaging the Business & Policy Communities
A Framework for Success in a Changing World GW-CIBER and the George Washington University School of Business launched a series of events with the underpinning theme of how governments can help businesses today and how business-like governments can help build a nation’s global competitiveness. This series, featuring discussions by top executives, policy makers, and thought leaders in the area, started with a dialogue with Hon. Fred P. Hochberg, Chairman and President of Export-Import bank, and Hon. Suresh Kumar, Distinguished Visiting Professor of International Business, GW School of Business. Hon. Kumar was also the Forum initiator, by giving impetus to discussions related to the theme of global competitiveness. Discussion topics: • Realities of a changing global economy • What businesses require from their governments to succeed • What is a level playing field? How does it look? • How do we balance the needs of today with those of the future? • How do we allocate resources among policy, strategy, and execution? • What does winning in global markets look like? And what does it entail?
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Full biographical notes of the speakers can be found on the event website: http://business.gwu.edu/CIBER/events/GCF01.cfm
Speakers Hon. Fred P. Hochberg, Chairman and President of the Export-Import Bank of the United States; one of the highest ranking business leaders in the Obama Administration
Hon. Suresh Kumar, Distinguished Visiting Professor of International Business, GW School of Business; Recent Assistant Secretary of Commerce; Director General of the U.S. & Foreign Commercial Service; and Former Corporate Executive at Johnson & Johnson
Collaborative and Co-Sponsored Initiatives Within each of the six focal areas around which GW-CIBER’s programming is built, we offer coordinated educational, research, and business training activities addressing major issues critical to U.S. competitiveness. By leveraging GW and Washington, DC resources and capacities, our objective is to enhance students’ abilities to manage in the global environment and to provide managers and policy-makers with advanced understanding of current economic and business concepts and phenomena. To ensure program relevance, broaden the potential audience, and stretch federal dollars, we rely on close collaboration with internal and external partners. Internal partners include various GW units such as the Institute for Global and International Studies, Institute for International Economic Policy, Institute for Corporate Responsibility, and the Institute for Middle Eastern Studies, among others. Our external partners are other universities, businesses, trade associations, Can Trade Policies and Agreements as well as government, non-government, and multilateral Advance Internet Freedoms? organizations. Below is a sample of collaborative and This conference, organized by Dr. Susan Aaronson co-sponsored activities that we offered together with our and the GW Institute for International Economic Policy, partners during the 2012-2013 academic year. provided a wide range of insight into the potential and pitfalls of trade policy to regulate the Internet. Panels 5th Annual G2@GW Conference included views from the U.S., EU, and Canada, a discussion The G2@GW conference, organized by the GW of privacy, intellectual property rights, and Internet Institute for International Economic Policy (IIEP) and freedom, and new ideas to promote trade and Internet co-sponsored by the Rising Powers Initiative, GW Sigur freedom. Lee Hibbard from the Council of Europe offered Center for Asian Studies, and GW-CIBER, was devoted to “A Human Rights Perspective”, and Andrew McLaughlin the U.S.-China economic relations and China’s economic of Betaworks gave the luncheon keynote address on development. The conference program included talks “The Future of Internet Freedom”. Besides GW-CIBER, on topics such as the characteristics of Chinese trade other supporters included the John D. and Catherine T. flows, the state of U.S.-China trade, the influence of MacArthur Foundation, the Heinrich Böll Foundation, exchange-rate movements on Chinese exports, and the the Computer and Communications Industry Association, retirement patterns in China. Speakers were invited from the Software and Information Industry Association, the the Carnegie Endowment for International Peace, the National War College, and the Minvera Initiative. U.S. International Trade Commission, Tsinghua Univeristy, Emerging Markets at the Crossroads: Peking University, University of Michigan, and the George Current Challenges and Future Prospects Washington University. GW-CIBER was pleased to co-sponsor, for a third time, the 2013 Emerging Markets Forum organized by the University of Maryland Smith School CIBER. This year, the Forum featured international experts from academia, government, and the business sector, who addressed the slowing growth of booming emerging markets and the positive role that diaspora communities play - both in the U.S. and in their ancestral countries. The keynote speakers of the event were the Honorable Ian H. Solomon, the United States Executive Director of the World Bank Group, and Janamitra Devan, Vice President, Financial and Private Sector Development at the International Finance Corporation.
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Supporting Student-Led Initiatives International Business Society Conference
Business Without Borders and Economic Growth in Emerging Markets
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The GW International Business Society (IBUS), with the support of GW-CIBER and the GW Latin American Business Society (LABS), organized a discussion on the aspects of doing business and economic growth in emerging markets. The event featured speakers from the private sector, government, and multilateral organizations, who shared their experiences, perspectives, and tips on working in emerging markets. This conference represents GW-CIBER’s continued commitment to supporting student-led initiatives. We have been working with the GW International Business Society since 2010, and have jointly organized a conference on the opportunities of trade and the challenges of corruption, and a symposium on the private sector’s evolving role in meeting development challenges (held at and co-sponsored by the Overseas Private Investment Corporation). The Business Without Borders conference is also the second event of GW-CIBER’s Global Competitiveness Forum series. The conference was opened with a keynote address by Dr. Suresh Kumar - Distinguished Visiting Professor of International Business, GW School of Business, Recent Assistant Secretary of Commerce, Director General of the U.S. & Foreign Commercial Service, and Former Corporate Executive at Johnson & Johnson. Hon. Kumar spoke about the necessity for businesses and countries to remain commercially relevant. The morning panel discussion provided perspectives from the private sector representatives, who shared their experiences with working in emerging
markets. This panel featured Mr. Tom Thomson, Founder and Principal of T. Thomson & Associates (an international business and strategic communications consulting company), Mr. Rex Pingle, President & CEO of PMD International (a private investment bank focusing exclusively on cross-border transactions and investments in emerging markets), and Mr. Ken Chaletzky, President of Copy General Corp. (a Washington, DC printing experts with more than 60 facilities in Central and Eastern Europe). The second keynote address for the day was delivered by Mr. Guru Ramakrishnan, CEO and CIO of Meru Capital Group, who discussed the challenges facing the global economy today and the tricky imbalances. The afternoon panel offered a debate on the topic of development through trade and investment, with speakers from government and multilateral organizations. The panel included: Mr. Wade Channell, Senior Legal Reform Advisor, USAID; Mr. Steve Glickman, Former Director for International Economic Affairs, National Security Council at The White House; Mr. Edmund Rice, Senior Professional Staff Member, Committee on Foreign Affairs, U.S. House of Representatives; and Mr. Orlando Ferreira, Chief, Finance and Strategic Planning Division, Inter-American Investment Corporation. The all-day conference concluded with an opportunity for networking with the speakers and other international business professionals. Full biographical notes of the speakers can be found on the event website: http://business.gwu.edu/CIBER/events/IBUS2013.cfm.
Second Annual African Business Conference New Emerging Economies in Africa: Developing Leaders and Managing Growth Continuing our collaboration with the GW African Business Association, we supported another studentled initiative – a conference featuring discussions and presentations on investment and entrepreneurship opportunities in Africa, and covering a range of industries that will be critical to Africa’s economic success in the coming years. The conference brought together participants from the African business community, U.S. policy makers, and representatives of international organizations such as the Overseas Private Investment Corporation, the International Monetary Fund, the United States Agency for International Development (USAID), and the International Finance Corporation. The conference day started with opening remarks by Dr. Liesl Riddle, Associate Dean for Graduate Programs at the GW School of Business and Associate Professor of International Business and International Affairs, and by Mr. Melvin Foote, Founder and President of The Constituency for Africa – a U.S. based group of citizens and organizations interested in issues related to Africa’s economic and political development. The introductory remarks were followed by a panel discussion on public-private partnerships moderated by GW-CIBER’s director, Dr. Reid W. Click. The panel featured Mr. Noel K. Tshiani, World Bank Country Manager for Africa, Ms. Angelle B. Kwemo, President at A Strategik Group LLC (a U.S.-based global consulting group with expertise in Africa), Mr. William H. Jones, director of Investment Company Institute (the national association of U.S. investment companies),
and Mr. Richard America, Adjunct Professor at the Georgetown’s McDonough School of Business. The morning sessions concluded with remarks by Ms. Morgan McClain-McKinney from the Private Capital Group for Africa at the USAID. During lunchtime, the participants heard a keynote speech by Ambassador David H. Shinn, Former U.S. Ambassador to Ethiopia, and enjoyed an African dance performance. The two afternoon panel discussions focused on the role of the African diaspora in supporting the development of their home countries (e.g., through remittances, entrepreneurship, investment, and trade), and on the state of banking, investment, and financial services in Africa (particularly how the African financial sector can build trust through transparency). These panels included representatives of U.S.-based African diaspora and investment organizations, as well as GW faculty. The afternoon keynote featured Ms. Christine Martey-Ochola, Co-founder and President of the Sub-Saharan Chamber of Commerce, an organization that facilitates trade and investment between the U.S. and Africa. The closing remarks were delivered by Dr. Danny Leipziger, Professor of Practice of International Business at the GW School of Business, Managing Director of the Growth Dialogue (a network that works to extend economic growth), and former Vice President of the World Bank’s Poverty Reduction and Economic Management group.
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GW-CIBER Administrators & Advisors DIRECTOR
Reid W. Click
Associate Professor of International Business and International Affairs
FOCAL AREA FACULTY COORDINATORS
Jennifer Brinkerhoff
Professor of Public Administration, International Affairs & International Business; Co-Director of GW’s Diaspora Program
Michael Moore
Professor of Economics and International Affairs; Former Director, Institute for International Economic Policy
Anupama Phene
Grub Distinguished Scholar and Associate Professor of International Business
Susan Sell
Professor of Political Science and International Affairs; Former Director, Institute for Global and International Studies
Stephen Smith
Professor of Economics and International Affairs; Former Director, Institute for International Economic Policy
Jennifer Spencer
Vice Dean for Faculty and Research; Coelho Distinguished Scholar and Professor of International Business and International Affairs
Robert Weiner
Professor of International Business, Public Administration, and International Affairs; Chair, Department of International Business
BUSINESS LANGUAGE FACULTY COORDINATORS
Margaret Gonglewski
Associate Professor of German and International Affairs
Anna Helm
Assistant Professor of International Business
ADMINISTRATIVE STAFF
Alexis Gaul
Administrative Director
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Nevena Yakova Program Manager
BOARD OF ADVISORS
Shmuel Ben-Gad Taj Meah
Business Specialist, Independent Information Technology and Gelman Library System, Services Professional; Business The George Washington University Development Executive (Retired), IBM
Wade Channell Rex Pingle
Senior Legal Advisor, U.S. Agency for President and CEO, PMD International International Development (USAID)
Bernard Demczuk
Pradeep Rau
Professor of Marketing, Assistant Vice President The George Washington University for District of Columbia Relations, The George Washington University Donna Scarboro Associate Vice President, Office of International Mihir Desai Programs, The George Washington University President, Dexis Consulting
Bill Gottfried
Jennifer Spencer
Vice Dean for Faculty and Research; Chief Executive Officer, Coelho Distinguished Scholar and Professor of Gottfried International, Inc. International Business and International Affairs, The George Washington University
Shoko Hamano
Director, GW Language Center; Murat Tarimcilar Professor of Japanese and International Affairs, Professor of Decision Sciences, The George Washington University The George Washington University
Brian Kenner Christopher Vizas
Chief of Staff, Deputy Mayor Office of Planning Director, Smart Wave, Inc. and Economic Development (DMPED)
Corinna Lathan
Rebecca Wanek
Director of Development, Board Chair and CEO, AnthroTronix, Inc. The George Washington University
Danny Leipziger Robert Weiner
Professor of Practice of International Business, Chair, Department of International Business; The George Washington University; Professor of International Business and International VP for Poverty Reduction and Economic Affairs, The George Washington University Management (Retired), the World Bank
Robin K. Liebowitz
Barbara Weisel
Assistant U.S. Trade Representative Principal, rkl3D LLC for Southeast Asia and the Pacific, Office of the U.S. Trade Representative
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GW-CIBER The George Washington University School of Business Duques Hall, Suite 450 2201 G Street, NW Washington, DC 20052 ciber@gwu.edu 202-994-3098 http://business.gwu.edu/CIBER