Thursday, December 2, 2010
Wednesday, November 17, 2010
Feel Good Fuqua
Feel good story of the day.
Saturday, November 6, 2010
Birbigs
Thursday, November 4, 2010
Glorious Me
Getting Corporate
Through COLE, had a session with John Allison, the ex-CEO of BB&T Bank. Very impressive. 75% of his talk was about the importance of knowing your values, reflection, and leadership practice. If he were running business schools, he would take one whole year and teach leadership and ethics. He takes 2 weeks off each year to do something non-business-y, e.g. he'll go on a week-long workshop on philosophy. He also makes a point to read one serious non-fiction, non-business book a month... says there is tons of value in stepping outside what you know. This supports my observation that the best leaders are extremely well-read and well-rounded. The CEO also said his best quality is his honesty, especially with oneself. He's a huge believer in knowing your faults.
Guest lecture from the founders of Eurosport in my Entrepreneurial Finance class
Highlights:
- Founded by two brothers
- They went away to college and let their mom run the business, which she grew to revenues of $1M
- On the day of the US-Brazil World Cup game in 1994, they decided to switch their order taking systems. The new system didn't work and they weren't able to take orders correctly for 3 months. Had to send apology letters to all their customers to regain trust. Received one letter that said "I empathize with all of your technical difficulties. What I suggest is that you take a shotgun to your brother's head, and then shoot yourself. Please let me know when this has happened."
- It's really amazing how nobody realized how big the World Cup would be in 1994.
- The brothers admittedly "don't like business." They are in the business to support the soccer lifestyle.
This afternoon I'm going to a seminar with Duke's Muslim chaplain (one of only a few Muslim chaplains in the U.S.) to talk about Islam, business, and ethics. I interviewed Chaplain Antepli for my Ethics class, and he's a very interesting guy.
On Friday, I'm in a working group on Fuqua's career strategy. One of the participants is Michael Heisley, who is on Fuqua's Board of Visitors and the owner of the Memphis Grizzlies, among other things.
Also on Friday, I'm one of 10 pilot testers of a new class on Leadership in the Service Industry taught by Alan Schwartz, who is the ex-CEO of Bear Stearns (apparently he tried to save the company... he didn't cause their problems. I don't know).
Also, Rick Waggoner is teaching a class at Fuqua in the spring on "Corporate Crises." Pretty cool.
Tuesday, October 26, 2010
Education Press Roundup
How to fix our schools: A manifesto by Joel Klein, Michelle Rhee and other education leaders
Let's stop ignoring basic economic principles of supply and demand and focus on how we can establish a performance-driven culture in every American school -- a culture that rewards excellence, elevates the status of teachers and is positioned to help as many students as possible beat the odds. We need the best teacher for every child, and the best principal for every school. Of course, we must also do a better job of providing meaningful training for teachers who seek to improve, but let's stop pretending that everyone who goes into the classroom has the ability and temperament to lift our children to excellence.
Just as we must give teachers and schools the capability and flexibility to meet the needs of students, we must give parents a better portfolio of school choices. That starts with having the courage to replace or substantially restructure persistently low-performing schools that continuously fail our students. Closing a neighborhood school -- whether it's in Southeast D.C., Harlem, Denver or Chicago -- is a difficult decision that can be very emotional for a community. But no one ever said leadership is easy.
For the wealthiest among us, the crisis in public education may still seem like someone else's problem, because those families can afford to choose something better for their kids. But it's a problem for all of us -- until we fix our schools, we will never fix the nation's broader economic problems. Until we fix our schools, the gap between the haves and the have-nots will only grow wider and the United States will fall further behind the rest of the industrialized world in education, rendering the American dream a distant, elusive memory.
AV Club: Interview with Davis Guggenheim, director of Waiting for Superman
AVC: Was that intimidating? It’s such a vast problem.
DG: This thing almost destroyed me, it really did. There were days where I thought “I’ll never get this,” and the minute you think you’re onto something, something else contradicts it. The minute you think someone makes sense, someone else contradicts them. It’s a world where people devour each other, and destroy each others’ ideas, and almost stand on the sidelines and argue, which in its own way is part of the Blob: perpetuating the status quo, the educational elite that are constantly having a perpetual debate about things. So it’s like cutting through thickets of really smart people’s ideas with really nothing to grasp. And the things I felt myself drawn to were these pragmatists. I think you really can call it a revolution, these reformers.
These are people who say, “This is broken, this is ridiculous, I’m going to change the world in front of me.” So over here, Geoffrey Canada, over here, Michelle Rhee, over here, the KIPP guys. Hundreds of them, and they’re pragmatists, they’re not politically driven, they’re not ideologically driven, they’re pragmatists, and that’s what I think makes them win. This is hard work, but it’s not as complicated as you very smart people tell us it is. It’s about longer days and great teachers and hard work and changing the culture of a school, and that’s what so exciting now that wasn’t there 10 years ago. The sense that it’s possible.
Why Aren't our Teachers the Best and Brightest?
Dave's comment: the issue of teacher recruitment is incredibly complex, with lots of interdependencies on teacher evaluation, union contracts, the quality of teacher schools (vs. the quality of applicants). It is not an easy problem to solve.
These countries also foster a professional working environment. Finland, for example, grants teachers the kind of autonomy typically enjoyed by doctors in this country: They have wide latitude over how they teach, they share responsibility for their schools' operating budgets, and they belong to a culture that emphasizes the need to continually update one's skills.
In the United States, by contrast, teaching is often seen as an "unprofessional" career track, even by teachers. For example, we found that only 3 percent of the U.S. teachers we surveyed who were in the top third of their college class think that people who do well in teaching can advance professionally.
Crucially, these other countries provide competitive compensation. Of the three, South Korea puts the greatest emphasis on salary, with starting pay equivalent to about $55,000 and top salaries reaching $155,000. According to Linda Darling-Hammond of Stanford University, these earnings place South Korea's teachers somewhere between its engineers and its doctors. Singapore, in addition to competitive pay, offers retention bonuses of $10,000 to $36,000 every three to five years.
Monday, October 25, 2010
Life Lessons from Business School
- Attitude is everything. We've all heard this maxim before, but only recently have I seriously reflected on its meaning. I have two personal examples of how a positive attitude - and nothing more - made the difference between success and failure: persevering through chemo and surgeries, and picking myself up last year after a few months at Fuqua totally beat me down.
- Knowing your values. In my Leadership and Ethics classes, we went through a few reflections on our core values. Few activities have given me as much clarity. Knowing, reflecting upon, and acting on one's values has given me a powerful explanation of past behavior and a guide for future behavior. Game changer.
Coach K talking Leadership on MSNBC
I read Coach K's book "Leading with Heart" before coming to school, and thought that his lessons were a bit simplistic. However, as I study leadership and, more importantly, experience leadership, I find that Coach K's lessons are incredibly profound: communication (mainly eye-to-eye, 1-1 contact), trust, accountability, pride.
Saturday, October 23, 2010
Sunday, October 10, 2010
Duke Haters
Saturday, October 2, 2010
Fall weather and Pearl Jam
Some lyrics from In My Tree:
i remember when, yeah
i swore i knew everything, oh yeah
let's say knowledge is a tree, yeah
it's growing up just like me, yeah
i'm so light the wind he shakes
i'm so high the sky i scrape
i'm so light i hold just one breath and go back to my nest
sleep with innocence...
up here so high the boughs they break
up here so high the sky i scrape
had my eyes peeled both wide open, and i got a glimpse
of my innocence... got back my inner sense...
baby got it, still got it
Sunday, September 26, 2010
Mini
ray gun to this person's computer and mouse. Not sure if you can tell
how small the mouse actually is in the photo.
Saturday, September 25, 2010
Bringing human to business
Thursday, September 23, 2010
Kid doesn't want to go in the Auburn Store
Wednesday, September 22, 2010
Tuesday, September 21, 2010
Good thing about Durham
Friday, September 17, 2010
Tuesday, September 14, 2010
Rhodes Do Gooders
Tuesday, September 7, 2010
Full Day at Fuqua
Tuesday, August 31, 2010
My last first day of class ever
- I honestly love being back here because of the people that surround me. It's an amazing feeling to come back here after only one year of school and feel connected to so many kind, accomplished, and generally great people. After spending the summer with people from other business schools (and policy schools and education schools), I'm pretty sure there's something legitimately special about my business school. The culture is, in my opinion, distinct from other schools in a very real way. When I walk down the school hallway and can't stop saying hi to people and actually wanting to spend time talking to them (vs. just giving an unenthusiastic hi... going through the motions) - that's a great feeling. I feel very lucky to have ended up here.
- As our dean said, Fuqua's student brand is "whip smart, but real (can drink beer and champagne)." I agree with this wholeheartedly.
- Applications were up 21%. There are two schools in the top 20 that had an increase in the number of applications: Fuqua and MIT. All others were flat or declining.
- The % of accepted students went from 30% to 24% - a very important figure in school rankings.
- The male/female ratio for the incoming class was 70/30. It should be 60/40. Our dean's explanation was that other schools know that Fuqua is recruiting the right people, so they're sniping our women by offering them scholarships that we can't. Player haters.
- Building a reputation among leading companies...
- John Chambers, CEO of Cisco: "Fuqua is the only school that gets it"
- Wal Mart: wants Fuqua to be their primary source of MBA talent
- HCA (and the Frist family, all graduates of Harvard and Princeton): "Fuqua is my school."
- Bob McDonald (CEO of Procter & Gamble): Bob is dropping every volunteer board except Fuqua's
- GE was about to cut Fuqua from it's list of schools it recruits from (they were cutting the list by half). Jeff Immelt saw the list, personally intervened, and now Fuqua's back on the list.
- I was thinking today about the most impressive speakers I've heard at Fuqua. Two characteristics distinguish the really good ones:
- 1) They are incredibly well read. The most impressive ones (and these are business leaders, mind you), can cite lessons from history, politics, etc. just as much as they can from the business world.
- 2) They're very, very self aware
- It's a damn good feeling to answer the question "how was your summer internship" with "lifechanging."
- By and large, the stereotypes of business schools hold up pretty well. You can guess what these are.
Sunday, August 29, 2010
Borf Lives
Saturday, August 28, 2010
Back to Durham
Thursday, August 26, 2010
Tuesday, August 24, 2010
Tuesday, August 17, 2010
Give up or keep trying?
Sunday, August 15, 2010
Great weekend
Wednesday, August 11, 2010
Grammar tip of the day
Tuesday, August 3, 2010
The Summoned Life
Saturday, July 31, 2010
1990s. Better than the 80s.
Duke's brand name
Thursday, July 29, 2010
"not quite noir"
genres. I dontkbow what this means, but I don't like it.
Wednesday, July 28, 2010
Inspired, sad and inspired
I'm Dave. I'm getting my MBA at Duke and am here working with the central office on a dashboard that will give the Assistant Supes and Principals interim insight into how their schools are performing (nodding heads of encouragement). Why am I here? I'm here because I love being around people who talk about "purpose" and "mission" when they're asked "why do you do what you do?" For me, this summer, and being around these people, has been a gamechanger. It's not typical that an MBA goes into education, but when I go back to Duke in a month, I want to recruit my fellow MBAs to come work in public education like I've done. I honestly can't wait to go back and do this, because I think there are a lot of people who want to do what I've done, but just don't "see it" yet. Thanks for letting me be part of this.
Monday, July 26, 2010
Slow Reading
The phrase “slow reading” goes back at least as far as the philosopher Friedrich Nietzsche, who in 1887 described himself as a “teacher of slow reading.”“You see schools where reading is turned into a race,” Thomas Newkirk, an English professor at the University of New Hampshire, told the Associated Press last week. “You see kids on the stopwatch to see how many words they can read in a minute. That tells students a story about what reading is. It tells students to be fast is to be good.”“One student told me even when he was reading a regular book, he’d come to a word and it would almost act like a hyperlink,” Newkirk said. “It would just send his mind off to some other thing. I think they recognize they’re missing out on something.”John Miedema, author of Slow Reading, likens the movement to the Slow Food movement, which is as much as about taking your time as it is about consuming locally grown food. Both movements encourage increased mindfulness in the conduct of routine activity. “It’s not just about students reading as slowly as possible,” Miedema says. “Slow reading is about bringing more of the person to bear on the book.”Recently I saw a recommendation that we give ourselves a sabbath from the computer; that is, we turn the darn thing off one day a week. I like that idea. But computers are only part of the techno problem. We’re bedeviled by machines at every turn, and every one of them whispers, “Hurry up.”
Sunday, July 18, 2010
Teacher Performance Measurement and Rhee's Bold Moves
Doing Well by Doing Good
Friday, July 16, 2010
Narcissism
In 1950, thousands of teenagers were asked if they considered themselves an “important person.” Twelve percent said yes. In the late 1980s, another few thousand were asked. This time, 80 percent of girls and 77 percent of boys said yes.
Wednesday, July 14, 2010
I am a singer songwriter
Tuesday, June 22, 2010
Money
Friday, June 18, 2010
Balsamic vinegar
- Because I live in SF, apparently I need to get a quarter-length peacoat thing. It's what everyone wears.
- Everyone here seems to be "starting something." Its really remarkable how these people all have taken their (seemingly) original ideas and "started something." I can't tell how much of this is BS, though.
- Meeting people at a party, and then saying goodbye forever is an awkward position to be in. Tonight at the dinner, I liked a few of the people I talked to and could easily
- The database guy asked everyone who he met, "what are you passionate about?" But he asked it in a non-pretentious way. I liked that.
Thursday, June 17, 2010
Mustache Town
Here are some pictures of the Mexico-South Africa game (with Mexicans), the US-England game (with friends from Fuqua and new SF friends), and the Mexico-France game.
My fellowship thus far
Wednesday, June 16, 2010
Links for today
Tuesday, June 15, 2010
Thoughts on US - England
First, Landon Donovan said today that if we don't win against Slovenia (or at the very leastw tie), then our World Cup is pretty much over. So, I assume yha Bradley willput forth our
strongest lineup instead of resting key guys.
From a "get to the next round" perspective, we should be satisfied with the England result, though a win would have been a monumental outcome. A win would have certainly been cited for years to come as a turning point in US soccer. Making it to the round of 8 is the only
other way we can signal that the US has turned the corner re: soccer
respectability.
It's difficult to say either team deserved the victory. Enland had more chances than the US, but not by much. Before the game, I was doubtful that findley's pace would justify his starting. He didnt play poorly, but I don't think he gave the us an advantage with his speed.
For Slovenia, I'd put Donovan in a withdrawn forward position (in place of findley), stu Holden in donovans place on the wing, and torres in place of Clark. One can argue that edu also deserves a shot in Clark's spot, but torres showed something special against Turkey and should be rewarded.
A couple more observations:
- no cards for Bradley or Clark. This is a really good sign, as both
of them have learned (it seems) to play within themselves.
- remember the days when the us couldn't muster any offense without
Donovan? It looks like those days are gone.