Corporate Cleanup
Are new corporate accountability measures making a difference or making a mess? Finance faculty and a Wall Street investigative journalist debate their impact.
In February of this year, a group of Wisconsin MBA students got together to plan this year’s Commencement Campaign. The students set up a plan to communicate the value of making a gift to the School of Business. They talked about ideas to get the message out, what the funds raised should be used for and recognition for those who participated. Most importantly, they set a goal for the campaign—100 percent participation.
The students realized that committing to 100 percent participation was a stretch goal, but felt it would send a strong message about the value they place on the transformational experience they have had at this university. By May, 99 percent of the MBA Class of 2007 had made a financial pledge. Many pledged $500 annually for the next five years. That’s a stunning accomplishment.
The students have set a very high bar. As alumni, we have the opportunity to show the same support and commitment that our graduating students have shown this year.
Roughly 12 percent of UW-Madison business school alumni make a gift to the school annually. That compares to about 25 percent of Michigan alumni who make a gift annually to their alma mater. I believe Wisconsin alumni are every bit as loyal as Michigan alumni —and we have an opportunity to prove it. Next month, the Wisconsin Business Alumni board will launch a “Beat Michigan” campaign. Instead of focusing on beating Michigan in football (although we have every expectation the Badgers will prevail there as well!), the “Beat Michigan” campaign will focus on encouraging alumni to participate in annual giving to help us ”beat” Michigan’s participation rate.
If we can double participation and dollars raised on a sustained basis, the impact on our operating budget would be the equivalent of a $30 million endowment gift. This increase in operating budget would allow us to deliver higher-quality programs to more students.
I hope you’ll consider participating in this campaign by making an annual gift to the School of Business; we’ve enclosed an envelope in this magazine to make giving as easy as possible. Not only does making a gift demonstrate the value you place on your degree, it provides flexible resources needed to invest in recruiting and retaining top faculty, leadership opportunities for students and a stronger network of alumni and friends.
Wisconsin Business Alumni
Director
Alisa Robertson
Assistant Director
Richard Lee
Assistant Director
Kaylene Reilly
608/265-0575
alumni@bus.wisc.edu
www.bus.wisc.edu/alumni
Feature Stories
Are new corporate accountability measures making a difference or making a mess? Finance faculty and a Wall Street investigative journalist debate their impact.
Why companies are paying handsomely to make sure you see their brands more and more in movies, TV shows, even in the books you read.
Soaring CEO salaries are the target of increasing controversy. Will Congress step in to set limits?
Should it?
Even with good intentions on both sides, supervisor-employee relations can be fraught. A look at what keeps us from having (and being) better bosses.
JUNE 2007 VOLUME 25 NUMBER 1
EDITOR: Lari Fanlund
DESIGN: Lori Strelow, Anna Dulmes
EDITORIAL ASSISTANCE: Jennifer Asselin and Scott Voss
EDITORIAL BOARD: Alisa Robertson, Melissa Amos-Landgraf, Tina Frailey, Jim Kubek, Richard Lee, Mark Matosian, Deborah Mitchell, Kayleen Reilly, Steve Schroeder and Charlie Trevor
COVER: Product placement is all around, in places you may or may not expect, and it’s not happening by accident—as Marjani Coffey, a second-year Wisconsin MBA student in Brand and Product Management, helps illustrate.
Cover photo for UPDATE
by Bob Rashid.
UPDATE is published in print and online each June and December by Wisconsin Business Alumni to inform alumni and friends about programs and activities of the University of Wisconsin-Madison School of Business and its alumni. Printing is paid for with private contributions. This issue, and previous ones, are available online. Correspondence should be sent to lfanlund@bus.wisc.edu or mailed to:
UPDATE
5151 Grainger Hall
975 University Ave.
Madison, WI 53706-1323
Visit the School of Business Web home page.