Can Leadership Be Learned?

73 Pages·2016·7.28 MB·English

WHARTON
MAGAZINE
22 26 50
NEWS IDEAS PEOPLE
Shark Tank Penn The Power
Auditions Wharton of Age
Budget Model
Can Leadership
Be Learned?
ANNE AND JOHN MCNULTY’S INNOVATIVE PROGRAM
WORKS TO MAKE THE ANSWER A PROFOUND YES
FALL 2016
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EXECUTIVE
EDUCATION
perspective
noun \pər∙`spek∙tiv\
“Th at eye-opening moment when
I saw things diff erently—the
challenges became more defi ned,
the solutions more clear.”
upcoming leadership programs:
Defi ne your Wharton moment.
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Creating and sustaining a culture of giving back
from the dean
Wharton’s the skyrocketing demand for the new field of busi-
ness analytics, which we incorporated into both the
undergraduate and the MBA curricula last year.
Essential Role
That’s why Wharton’s Lifelong Learning initia-
↓
tive is so important, not only for our alumni but for Dean Garrett's
in Turbulent all of those who want to invest in their continuous priorities for
Wharton Online:
professional development, training and re-skilling. access for
Wharton Executive Education adds value to nearly all to quality
Global Times non-degree
10,000 executives who come to campus for short
education,
programs every year. Wharton Online can reach "higher touch"
exponentially more people. courses for
smaller learner
It’s easy for critics to point to business schools as
groups and
part of the problem when it comes to the challenges enhancing the
we face. But I believe profoundly that schools like on-campus
classroom
Wharton have a vital role to play in driving produc- experience.
T he year 2016 has been a big wake-up tive solutions. That’s why I come to work fired up
call for me, as I suspect it’s been for some every day, and that’s why I couldn’t be prouder to
of you, too. I’ve always believed global- have you as such strong supporters of all
ization and technology are forces for that we do.
good. But from the supporters of Donald
Trump and Bernie Sanders to Brexit and Geoffrey Garrett is Dean and
the crackdown in Turkey, lots of people are reacting Reliance Professor of Management
to the frenetic pace of change and their feelings of and Private Enterprise at the
loss of control by implicitly saying “Stop the world, Wharton School of the University
I want to get off.” of Pennsylvania.
I am not an economic determinist, but I do think
much of this political populism has deep structural
roots. Put simply, we are living in an era of low
economic growth, and the benefits of the growth
that is taking place aren’t spread very broadly. In
an eye-catching headline, McKinsey estimates that
about two-thirds of the people in the U.S. and the
Western world have suffered from declining real
incomes or saw no growth in the past decade. No
wonder people are unhappy with their leaders.
But I’m also a realistic optimist. There is a path
to stronger and more inclusive economic growth.
And I believe business schools like Wharton have
a critical role to play.
Job one is to increase growth. Wharton people
know better than anyone how important finance
is to matching money with opportunity, and that’s
never been more true than in the burgeoning field
of alternative investments. But innovation, entre-
preneurship and technology are increasingly
important to all we do. The Mack Institute is doing
cutting-edge research on how to promote produc-
tive innovation in big and mature organizations,
while Wharton Entrepreneurship’s principal
objective is to develop entrepreneurial mind-sets
and skills among our students.
Then comes the equally challenging task of mak-
ing growth more inclusive. It’s no surprise that I
believe education has a key role to play. I could not
be prouder of the world-class education we provide
all our degree students on campus. But the skills
needed to thrive in the business world continue to
change more rapidly than ever before. Just think of
Contents
Fall 2016
26
1
news feature
Policy
Playground
Danielle
Roth
13 “ Leadership development
is an art that can be
indicators pursued.”
Top of the Class
The success of Mike Useem, director of
Wharton’s Center for Leadership
Wharton’s ’15
and Change Management, p.17
undergrad alumni.
14
regions
Wharton’s
Global Impact
2
16 ideas
cover story
Leadership
Without Limits
Inside the McNulty
30 35
Leadership
Program.
Jay Heinrichs essay syllabus
Leaning Up Marketing
22 The need for Through
women in tech. Darwinism
Heather Zynczak A short course
eSshsaaryk Attack on adaptation 39
Reality show 32 to change. k@w essay
The Genius
auditions come
36 of Trying
to campus. whiteboard Things Out
Louis Greenstein At the
Whiteboard excerpt 40
With The Importance
Mauro Guillén of Being k@w the case
Mission:
Louis Greenstein Authentic
Unlock Yahoo’s
Making a business
“Hidden Value”
case for staying
true to yourself.
Henna Inam 43
k@w the deck
Good for
Your Health:
Behavioral
Economics
“ Global consumer 44
k@w data
markets will change so
much that by 2030, you
8 won’t recognize them.” 4k6@w q&a am
h
Mauro Guillén, professor of The Problem ra
wSoaftacsh, Slinsetakers Quodt WG15 and Wichert WG15 ianntde rdnirateicotnoar lo fm atnhaeg eLmaeundte r WPeirtfho Jrombance mes g
and Snakebites Institute, p. 32 Appraisals a
j
3
people
WHARTON MAGAZINE
Editorial Staff
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Richard Rys
FAROUQ SULTAN WG73
class notes editor
Leigh Sacco
JIM ROWBOTHAM editorial board
Peter Cappelli
Jonathan Katzenbach
Peggy Bishop Lane
WG69 SISTER DOROTHY Jagmohan Raju
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MCCORMICK WG66
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ALAIN LEVY WG72 design
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student interns
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Administration
Geoffrey Garrett
LUCINDA KASPERSON
Dean and Reliance Professor of
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Enterprise
WG53 TOM HADLOCK
Sam Lundquist
Vice Dean, External Affairs
Katherine A. Primus
WG66 JOHN
50 Executive Director,
Communications & Stewardship
TEELING WG69 feature Wharton Magazine
The Power vol. 22 edition 3
of Age Wharton Magazine is published
Jim Collins semi-annually by Wharton
External Affairs, 344
Vance Hall, 3733 Spruce Street,
59 62 cover Philadelphia, PA 19104-6360
view from illustration:
locust walk Michelle Change of Address
pivot This Thompson
online
The Call of Unmessable
WhartonConnect.com
the Classroom Life
One grad’s return Makena Finger mail
to academia.
Wharton Magazine
Amit
64 Attn: Alumni Address Update
Bhattacharjee
cohort Wharton External Affairs
60 Change Agents 344 Vance Hall
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essay 96
A Sister’s telephone: [phone]
correlation “ I think age
Crusade fax: [phone]
Fighting juvenile makes one more 69 email: magazine@wharton.
diabetes in Africa. comfortable Class upenn.edu
Vivian Nabeta
with risk.” Notes
Advertising Inquiries
John Teeling WG69, [email protected]
p. 50
ENDOW A SCHOLARSHIP
MAKE A LASTING IMPACT
ON THE WORLD’S
FUTURE LEADERS.
Coming to Penn has been Kayvon's
lifelong dream. His talents and
the support of Named Scholarships
have propelled him toward achieving
his goals.
An entrepreneur musician, Kayvon has
already etched out a name for himself
on campus and beyond—even
performing in front of the UN General
Assembly—and is looking to apply his
Wharton education to enhance his
MY SCHOLARSHIPS HAVE BEEN
brand in the ever-changing music field.
HUGELY RESPONSIBLE FOR MY
“I love to make music, but being at
SUCCESS AT PENN. KNOWING THAT Wharton has taught me the business
THERE IS SOMEONE WHO BELIEVES aspect of the industry too. Penn has
given me the opportunity to receive an
IN ME IS AN AMAZING FEELING
amazing education while being
AND GIVES ME THE CONFIDENCE
surrounded by ambitious people who
THAT I NEED TO SHINE.” inspire and motivate me.”
- KAYVON ASEMANI, W’18, Recipient of multiple Named Scholarships
To learn more, contact:
MARYANN O’LEARY SALAS
Director of Developement
Undergraduate Financial Aid
P: 215.898.4551 | E: [email protected]
www.unsp.upenn.edu
News
1
Network: Watchlist—8 Indicators—13 Regions—14
Shark Tank
auditions come
to campus:
see p.22
Illustration by Miles Donovan fall 2016 wharton magazine 7