IN THIS ISSUE

School News

New Dan Ariely Book Hits the Bestseller Lists
Fuqua alumnus and Professor Dan Ariely (PhD ’98) is at it again. His second book, The Upside of Irrationality: The Unexpected Benefits of Defying Logic at Work and at Home, is already a New York Times best seller, and has been featured in reviews and reports nationwide, including NPR and the New York Times Book Review. From our office attitudes, to our romantic relationships, to our search for purpose in life, Ariely explains how to break through our negative patterns of thought and behavior to make better decisions. The Duke University Limited Edition of The Upside of Irrationality, available exclusively through Duke Stores, features a Duke-themed cover and special introductions by Ariely and Fuqua School of Business Dean Blair Sheppard. Visit the Duke Stores site for details and ordering information.

Hear Dan Ariely discuss his new book:

Online Office Hours
Join Ariely virtually for a live “Office Hours” webcast interview 1:30 p.m. ET, Friday, July 9, on Duke’s Ustream channel. Viewers can submit questions for Ariely in advance or during the session by email to live@duke.edu, on the Duke University Live Ustream page on Facebook or via Twitter with the tag #dukelive.

Book Signing and Reading
Ariely will discuss The Upside of Irrationality, take audience questions, and be available for book signing in Geneen auditorium at The Fuqua School of Business at 5p.m. on Friday, July 16.

CASE Presents Enterprising Social Innovation Award to VisionSpring
The Center for the Advancement of Social Entrepreneurship (CASE) and the Salesforce.com Foundation presented Dr. Jordan Kassalow, Founder and CEO of VisionSpring, with the 2010 Award for Enterprising Social Innovation. VisionSpring received this highly selective award for its tireless work to improve vision and economic opportunity in the developing world. VisionSpring reduces poverty and generates opportunity by educating and empowering "vision entrepreneurs" and equipping them with the tools needed to market and sell eyeglasses at affordable prices.
read more »

Duke University Names Executive Director of Center for Consulting Excellence
Lauren Whitehurst has been appointed Executive Director of the new Center for Consulting Excellence, Dean Blair Sheppard announced. "Lauren has the professional background and industry credibility needed to help conceptualize, craft and execute the strategy for our new Center for Consulting Excellence," said Sheppard. "The Center will engage leading thinkers in the consulting industry in a way that benefits those firms, our students and our faculty. She's exactly the person we need to get the center off the ground and moving." read more »

Alliance of Top Business Schools Aims to Improve Health Care Management
Five of America's leading business schools have formed the Business School Alliance for Healthcare Management (BSAHCM), a collaborative organization committed to improving healthcare by fostering management education in the health sector. Charter members of BSAHCM include Kellogg , Wharton , Harvard , Haas and Fuqua. read more »

Faculty Research

CFO Survey: U.S. Economy Improving Slowly, but Not So Surely
Chief financial officers in the U.S. say they have limited plans to hire over the next 12 months, although nearly 60 percent won't return their staffing to pre-recession levels until 2012 or later. Benefits and wages also remain at reduced levels at many firms, and credit is still tight for small firms, which is hindering hiring plans and constraining growth. The recovery is not completely stalled, however, as CFOs predict strong business spending and earnings growth. read more »

Finance Glossary Available on Your iPhone
From abandonment to zombies, Professor Cam Harvey’s Finance Glossary can help you keep track of more than 8,000 terms related to finance. Visit iTunes to learn more and download the app.

Financial Services Companies Adjusting Globalization Plans
The push by financial services and insurance companies to establish new offshore operations leveled off in 2009. At the same time, firms seeking cost reductions show greater interest in contracting with large international service providers to benefit from their economies of scale and scope, rather than creating fully owned offshore subsidiaries. These are among the findings of Financial Services Offshoring: Moving Toward Fewer Captives and Global Cost Competitiveness, which is based on the fifth annual study on offshoring trends by the Center for International Business Education and Research’s (CIBER) Offshoring Research Network (ORN) at Duke University’s Fuqua School of Business and The Conference Board. read the full press release »

Alumni Education

Now Enrolling for the Health Sector Management Certificate Program
The Health Sector Management program continues Fuqua's tradition of lifelong learning through the HSM Alumni Certificate program. For alumni who are currently working in the health care sector or who are considering a career change, the HSM program offers a comprehensive approach to the "business of health care." Alumni will enroll in classes with HSM Weekend Executive, Global Executive and Cross Continent MBA students, either remotely or in person, thereby broadening both personal and professional networks. Full academic credit is awarded for the four courses required for the HSM Certificate. Classes for the 2010 academic year will begin in September. learn more »

Executive Education Spotlight: GSOM Operations Management Program
During the week of April 12-16, Duke Executive Education hosted a group of 38 Russian leaders who took part in an Operations Management Program led by Professor Fernando Bernstein. The program was run by our Russian partner, the Graduate School of Management at St. Petersburg State University in Russia. Fuqua's involvement enabled the participants to interact with top tier U.S. business school faculty to discuss fundamental topics and trends in operations and supply chain management. Students participated in lectures and simulation activities as well as a corporate visit to Nomacorc, the world’s leader in synthetic wine bottle closures. They were also joined by Tom Weck, VP of Global Market & Product Development at Johnson & Johnson, who spoke to the group about information sharing and strategic partnerships in supply chains. At the end of the program, students received a certificate of completion for the course.

Health Industry Conferences: Forums to Actively Engage with Health Sector Partners
Fuqua's Health Sector Management program collaborates with health industry leaders, practitioners, and researchers in the development of the most current information exchange forums, showcasing the most relevant topics in the health sector today. Upcoming conferences include:

Health Sector Overview: Health Care in the 21st Century
July 26-29, 2010
learn more and register »

Medical Innovation and Strategies Conference 2010: The Future of Healthcare, Wireless and Consumer Healthcare
September 15, 2010
learn more and register »

Student News

Health Sector Management Alumni Mentorship Pilot a Success
By Ray Bedeaux ‘10
As a recent graduate of Fuqua’s Daytime Class of 2010, I have occasionally been told the value of my degree rests in those three letters—M, B and A—that I now get to place behind my name. Though I do not deny that my newly acquired acronym is valuable, I would argue that the real value of my degree comes from the network of Fuquans I have built along the way. As a student, I was especially impressed with the alumni network, as alum after alum took time out from their busy lives to help me and my peers grow as leaders and eventually find successful careers. This year the Health Care Club, in cooperation with the Health Sector Management (HSM) program, sought to formalize this relationship by establishing an alumni mentorship pilot with first-year students as mentees. read more »

Giving to Fuqua

Atlanta Isle Maligne Society Reception
Isle Maligne Society members, check your mailboxes for your invitation to our donor reception on June 29 in Atlanta. We thank you for your generous support and hope to see you at this event! learn more about Fuqua's Isle Maligne Society »

Volunteer Corner

Class Communication Chairs Needed!
Alumni Relations is looking for volunteers to help solicit and collect class updates quarterly for the alumni magazine, Team Fuqua. This is a fun and easy way to support the school and to stay connected or reconnect with your class. This month we are looking for volunteers for the following Reunion 2011 classes:

Daytime MBA: 1976
Evening Executive MBA: 1976, 1981, 1986, 1996
Global Executive MBA: 2001
MHA: 1971, 1986
Weekend Executive MBA: 1986, 1996

If you are interested in keeping your class connected with one another and with Fuqua, visit our volunteer web page to learn more about this important role. If you'd like to volunteer, please contact Kim Amidon at kimberlee.amidon@duke.edu or +1.919.660.2915.

Are You a Returned Peace Corps Volunteer?
Duke is planning an exciting series of events to commemorate the 50th anniversary of the Peace Corps and bring together former volunteers and others with an interest in global development. If you are a returned Peace Corps volunteer and are interested in hearing more about these plans, please visit peacecorps.dukealumni.com to be added to the mailing list for updates on Duke’s upcoming “global development year.”

Alumni Connections

Save the Date: DukeGEN Happy Hours on August 4
Plans are in the works for DukeGEN happy hours in 16 cities across the globe on August 4. Meet fellow entrepreneurs, share ideas, and make new connections. Details of these happy hours are available on the DukeGEN website. learn more »

Careers

Online Career Workshops
A recording and slides from last week's online workshop, "Effective Social Networking," are available on the alumni careers page. Our next workshop, "Fuqua Resources for a Global Job Search," will take place on Thursday, July 15, at 11:00 a.m. ET. register now »

Search Consultants Confident of Growing Executive Demand
The mid-year executive search industry outlook is positive according to the majority of consultants, with confidence rising 11 percent from the start of 2010. The findings reveal that 67 percent of search consultants expect to see revenue growth in the second half of the year, while 27 percent predict revenues will stay the same. In total, 94 percent are confident that they will see no decrease in demand for the remainder of the year. read more »

Upcoming Events

FuquaNet Favorites

In the May issue of FuquaNet, readers were most interested in:

• Alumni Awards
• Alumni Class Pages
• FuquaNet Birthdays
• Reunion Photos

Happy Birthday!

Neil Block '86
Enrique Conterno '92
Deepa Desai '93
Rob Farrington '02
Michael Sean Flynn '08
Maike Henzel '09
Martin Leppitsch '07
Melissa J. Mills '87
Bill Stewart '03

We asked the alumni above celebrating a birthday June 24, "Where are you now?" Here's what they said...

Put Up Your Dukes!

Shannon Cunningham '09 is pictured above during a visit to Kenya in October 2009. Share your photos! Want to see how far the Fuqua network reaches? We do, too! E-mail photos of yourself in Duke attire in exciting locations to Kim Amidon at kimberlee.amidon@duke.edu and include your name, Duke affiliation, and a caption for the photo. Photos will be featured in Team Fuqua magazine and on our website.

Fuqua on the Web

Become a fan of Fuqua's Facebook page or follow Fuqua on Twitter to see what's happening at the school and with your former classmates.

Executive Education

Advanced Management Program
September 12-24 & November 7-19, 2010

Duke Leadership Program
October 3-8, 2010
December 5-10, 2010