CARLSON The Voice SCHOOL OF MANAGEMENT - Carlson School of Management
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CARLSON FA L L 2 020 SCHOOL OF MANAGEMENT The Voice Jael Kerandi (’21 BSB) led students through unprecedented crises THE MAGAZINE FOR ALUMNI AND FRIENDS
CARLSON FA L L 2020 THE CARLSON SCHOOL O F M A N AG E M E N T M AG A Z I N E F O R A LU M N I A N D F R I E N D S Opposite: Murals and tributes honor the DISCOVER life of George Floyd in south Minneapolis. 3 Start-Up News Cover and right: Jael Kerandi, the 7 3 People, 3 Questions first Black student body president, 8 Faces of Carlson led students through COVID-19 and protests with steady purpose. FOCUS : UNPRECEDENTED TIMES Photography by Nate Ryan. 10 Faculty Insights Below: Four savvy alumni are building 14 Close-Up: Alumni business models and products that The Voice can help their businesses—and 18 their customers— thrive, even during a global pandemic. ow Jael Kerandi (’21 BSB) led H fellow students through COVID-19 and the murder of George Floyd 18 24 A Port in the Storm omme Beevas (’11 CEMBA) T is reinventing the way a restaurant can serve its community 30 Alumni Profiles E N G AG E 35 News & Notes 36 Executive Spotlight 38 Giving 42 Alumni Happenings 44 Class Notes 48 5 Things I’ve Learned 30 FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 1
DISCOVER FROM THE DEAN Building Connections S TA R T- U P N E W S More Important Than Ever “No [person] is an island.” Our last magazine explored the world and our months, the Carlson School’s faculty and English poet John Donne’s place in it. The themes remain, but we’ve seen 1,532 staff responded admirably. “Our faculty 17th-century words remain immense change these last six months. Here in responded to this shift with resiliency and true. In a world where nearly Minnesota and across the United States, addressing Carlson School flexibility, never losing sight of the students’ graduates learning objectives in the process nor everything has changed, systemic racism is finally at the forefront. It participated the research opportunities that became our need to interact with shouldn’t have taken George Floyd’s murder to do so, in virtual available for study,” says Alok Gupta, each other has not. In but now there is an urgency I have not seen before. commencement associate dean of faculty and research. fact, building connections You’ll learn more about a current student who is Staff in career services, academic advising, and other departments swiftly is more important than ever before. Staying connected today is easier, but building leading the push for social justice on our campus as well as about a business using its resources in a 1,000 stepped in to provide ongoing support to students. In a volatile job market, career or sustaining relationships via a screen is difficult. new way to be a force for good in its neighborhood. registrants for services staff helped solidify internships I have a new appreciation for the in-person Also, learn how COVID-19 has forced changes in first-ever virtual and job offers for many. experience of meeting one another: non-verbal cues research agendas, teaching, medical technology, 1st Tuesday STUDENTS SAFELY RETURN HOME are obvious, there are no frustrating technology and healthcare in our community. Finally, with a At the onset of the pandemic, more glitches, and you’re not constantly watching general election closing in, discover an alumnus who 300 than 280 Carlson School students were yourself in a box. But we must not let those is at the intersection of business intelligence, an studying abroad. In a matter of weeks, minor annoyances stop us from interacting. uncertain and uneven economy, and political polling. class sections the staff at the Carlson Global Institute moved virtually coordinated the travel plans of each At the Carlson School, I’m so proud of how our It is safe to say that this is the most interesting in four days student, no matter where they were. community has put in the dedication and effort time of our lives. Despite all its challenges, it is All students returned home safely. to build connections, no matter how hard it is. inspiring innovation and needed change. It is also “I’m incredibly proud of our team, Faculty members holding additional office hours anxiety-inducing and can be utterly exhausting. 45% who worked diligently with our partners to meet student needs. Students collaborating I encourage each of you to step away from the around the world to ensure the safety of increase in all of our students,” says Steve Parente, around the world to work on projects. Classes screen, from the headlines, and from the daily career services associate dean of global initiatives. engaging virtually with business leaders. Staff grind. Take time to recharge and refocus on appointment Despite COVID-19–related travel coordinating logistics to keep us moving forward. ways you can be a force for good in a world that year-over-year challenges, large international experiential Businesses helping each other solve complex issues. I am convinced is changing for the better. learning programs, such as the MILI Valu- ation Lab and Global Business Practicum, Warmest regards, continued virtually without missing a beat. Operating Virtually EVENTS CONTINUE VIRTUALLY All Carlson School events moved virtual, Carlson School Community Comes Together reaching more people. Sri Zaheer, During Pandemic Changes The school hosted its first virtual com- Dean, Carlson School of Management mencement on May 16. The long-standing 1st Tuesday Speaker Series had its highest When the COVID-19 outbreak forced In just four days, more than 200 attendance ever, when more than 1,000 the University to operate virtually, the courses and 300 sections moved to a people registered for the May event. whole Carlson School community sprang remote format, an undertaking which The school, in partnership with the into action to make the most of this demanded faculty to rethink how they Executive Education and Marketing & “new normal.” could deliver their courses online. The Communications teams, launched the “The COVID-19 pandemic presented school’s Information Technology team “Leadership in the Age of Disruption” challenges for all of us at the Carlson made sure the school had the technolog- series, which allowed faculty members School and across the world,” says Dean ical capabilities it needed to make the to contextualize the ways businesses Sri Zaheer. “But I am so appreciative of transition go smoothly, and provided and the economy were being disrupted how each and every person at the school hours of training to faculty and staff. by the pandemic. The series also stepped up to make sure our operations While shifting modalities of instruction included virtual events about the future continued as close to normal as possible.” from in-person to online typically takes of business in this “new normal.” 2 U N I V E R S I T Y O F M I N N E S O TA ILLUSTRATION: SOL COTTI FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 3
S TA R T- U P N E W S Carlson School combining a year of intentionally designed New Seminars, Classes Entrepreneurship and Launch Minnesota, Through the program, the Carlson School course work, an experiential project an initiative of the Minnesota Depart- has hosted virtual courses designed for Announces a Number with a real client, the opportunity to gain Aim to Help Minnesota ment of Employment and Economic pre-launch and early-stage technology of Diversity Initiatives professional work experience through Entrepreneurs Development, designed to accelerate the entrepreneurs, as well as seminars on an internship, and job preparation. growth of startups and amplify Minne- early-stage startup funding, how to In the wake of the murder of George The new degree is designed for recent The Carlson School has added new sota as a national leader in innovation. build an inclusive business culture, and Floyd and too many others, the Carlson graduates or early career professionals. programming to educate the state’s an introduction to financial modeling, School immediately began work to create entrepreneurial community. “Entrepreneurship is vital in any along with many others. There is also a a more welcoming place for students, A new Integrated Bachelor of Science economy, but especially during these A new online platform, called MN Venture mentorship program available, tapping faculty, staff, visitors, and more. in Business / Master of Arts in Human unprecedented times,” says John Stavig, Builders, launched April 2020. The site into the University’s wide network Resources & Industrial Relations degree program director at the Holmes Center. A Diversity, Equity, and Inclusion Action shares information to connect entre- within the entrepreneurial community. program allows students to earn both “These courses and seminars will allow Work Group, charged by Dean Sri Zaheer, degrees with only one additional year of preneurs with courses, competitions, us to build an even more robust entrepre- MN Venture Builders continues spent the summer months listening to classes. This degree provides a struc- seminars, mentors, and connections to neurial scene in the state of Minnesota.” the Holmes Center’s leadership in each other, colleagues, students, and tured option to complete both the BSB the state’s entrepreneurial ecosystem to supporting entrepreneurs through alumni. The group is working with the early-stage technology entrepreneurs Within its first few months, more than 150 and MHRIR degrees in an efficient and programs such as MIN-Corps, Grow school’s executive committee on taking across the state of Minnesota. It is a entrepreneurs participated in the quar- timely manner while still maintaining the North, Women’s Entrepreneurship some immediate steps. collaboration between the Carlson terly lean startup courses and webinars. rigors of the curriculum. (WE*), and MN Cup, the largest state- School’s Gary S. Holmes Center for wide startup contest in the country. “This work is of the utmost importance,” The final new program is the Master of says Dean Sri Zaheer. “We have begun Science in Business Analytics Program/ implementing many of the workgroups Master of Science in Finance joint degree suggestions, including initiatives focused program. This dual-degree program on our internal culture and processes, as capitalizes on market demand for “Entrepreneurship well as on pipeline programs and educa- tion for the lager business community.” graduate-level students who are trained in both business analytics and finance is vital in any In order to jump start these initiatives, domain knowledge. The degree, effective now, will give students current, leading economy, but Zaheer has committed $1 million in funding to support the work group’s knowledge to add value to their work and especially organization as a whole. recommendations. Additionally, the Carlson School during these The 19-person Diversity, Equity, and Inclusion Action Work Group, led by launched 13 new graduate certificates. unprecedented Designed for working professionals, Professor and Accounting Department Chair Pervin Shroff, included a cross- Graduate Certificates offer high-impact times.” — J O H N S TAV I G section of students, faculty, and staff learning in 13 specific topic areas, from from a variety of diverse backgrounds. Leadership for Managers to Business Analytics. These certificates consist The DEI work group took part in a number of 12 credits (four to six courses) of of listening sessions and reviewed survey graded, transcripted coursework that Two Carlson School results from faculty, staff, and students to can be applied to a master’s degree. MBA Students Receive “The DE&I Action Work develop their initiatives. National Awards Group was truly an School Launches • Master of Marketing Degree Liz O’Brien, ’20 MBA, and Kevin Bubolz, ’21 MBA, were recently recognized effort that required us Three New Degrees, • Integrated Bachelor of for their innovation and leadership. 13 Graduate Certificates all to be open, honest, Science in Business / Carlson School Master of Arts in O’Brien became the first Carlson School student to be honored with the Edie Hunt and humble. It has been Three new degree programs and a suite of more than a dozen graduate certificates Human Resources & Industrial Inspiration Award from the Forté Foun- Relations degree program both challenging and will make their debut at the Carlson School as part of its continued focus on expanding dation. This annual award recognizes a woman who aligns with Forté’s mission • Carlson School Master of rewarding to collaborate educational opportunities for recent Science in Business Analytics to launch women into fulfilling, significant careers through access to business graduates and established professionals. on this with others from One new option, which will begin recruit- Program/Master of Science in Finance joint degree program education and professional develop- ment, as well as candidates who exhibit across the school.” ing students this fall while launching in Fall • Plus 13 new graduate a track record of working to increase 2021, is the Master of Marketing Degree. and/or encourage women’s interest in — PERVIN SHROFF certificates This 9-month, 32-credit program pro- vides a strong foundation in marketing by 4 U N I V E R S I T Y O F M I N N E S O TA ILLUSTRATION: JAMES STEINBERG ILLUSTRATION: STUART BRADFORD FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 5
S TA R T- U P N E W S 3 PEOPLE, 3 QUESTIONS business school or business careers Not only was I able 1. What are 2. What’s your 3. What’s your through innovation and leadership. you reading? favorite website? dream job? At the Carlson School, O’Brien was to meet people who involved in the Graduate Women in Business Board and the Forté are already in the Foundation, served as a diversity graduate assistant, and was selected business industry, to co-chair the Carlson School Wom- but I was also able The Color of Law: A Forgotten History of How Our Government The Ringer. It’s a mixture of pop culture and sports. I’ve volunteered with kids for the last 20-plus years, coaching en’s Leadership Conference. O’Brien was also named one of the “2020 to connect with Segregated America. This book highlights housing policy They cover everything from Game of Thrones to Anthony both basketball and football. I see sports as a great way MBAs to Watch” by Poets & Quants. other students of and unconstitutional laws that Bourdain and mock NBA to connect with kids, teach Bubolz, a former Army helicopter pilot, created opportunity for some Drafts. A lot of range! leadership skills, and solve became the first Carlson School stu- color who had the and left others out. As we talk problems. When I retire, I’ll dent to be named a Tillman Scholar. same interests.” about racial equality, this book provides a great example of the likely find a position as a sports director for a youth program. He was among 60 U.S. service members, — N I N I D A N G , ’ 24 B S B Joffrey Wilson systems that have been in place veterans, and military spouses named ’99 BSB that have created inequity. This to the Pat Tillman Foundation’s 12th class of scholars. Tillman Scholars are Director of Inclusion and book is also important because selected based on their high potential for Diversity at Mortenson it highlights the importance activities. The 2019-2020 cohort of policy to drive change. impact, demonstrated through a proven track record of leadership, continued included 36 students, 61 percent of pursuit of education, and commitment of whom are African American or Black, 58 their resources to service beyond self. percent female, and more than half who were in their senior year of high school. Bubolz, who discovered a passion for The Argumentative Indian by Refinery29—especially the A dream job of mine would be therapy dogs while serving in Afghani- “One of the important things for me was Amartya Sen. Lately, I have been “Work & Money” section. where I can combine my artistic stan in 2014, says his goal is to help chil- the different connections I was able to missing my home country a lot. creativity and analytical skills dren develop their reading skills through make through the Emerging Leaders of I first read this book a decade to contribute to society. ABOVE: Liz O’Brien, top, and Kevin “I’m asking you to increased access to therapy dogs. Color program,” Dang says. “Not only was I able to meet people who are already ago and revisiting it now takes me back to simpler and happier Bubolz, bottom, received national see the present Emerging Leaders in the business industry, but I was also able to connect with other students of times. This collection of essays highlights India’s identity through recognition for their outstanding challenges not as of Color Program Leads color who had the same interests.” its history, and how debate, dia- work this year. to New Enrollments Deeksha Jha logue, and intellectual pluralism obstacles, but as “Going through the ELOC program made me much more comfortable with ’19 MSBA shaped the country. It smashes opportunities to re- This semester, Aisha Mohamed and Nini Dang, both ’24 BSB, became the pursuing a business school and going Data Scientist stereotypes and celebrates India in a way I haven’t seen before. to the Carlson School specifically,” examine your why first students to begin their studies at the Carlson School after participating Mohamed adds. “Everybody was so It’s a different perception of India that needs to be read. and create positive in the inaugural cohort of the Emerging welcoming and willing to help me with any questions I had. You could really change together.” Leaders of Color program (ELOC). The free, selective, eight-month program see the passion everyone had.” I am re-reading Bottle of Lies: They’re not so much a website, I am in my dream job. Full disclo- Mohamed and Dang are joined by 11 other — LIZ O’BRIEN, ’20 MBA provides opportunities for underrepre- The Inside Story of the Generic but there are a few podcasts sure—I worked for a management Aisha Mohamed, students from ELOC who enrolled at other ’24 BSB sented high school students to expe- Drug Boom by Katherine Eban. I follow diligently. Land of consulting firm between my MBA colleges at the University of Minnesota. rience and learn about business at the The book paints a damning por- the Giants and Work Life by and PhD, and loved it. But, being Carlson School. Students attend monthly trait of the generic drug industry Adam Grant have insightful a faculty in a Big 10 university workshops where they are exposed to using the 2013 Ranbaxy Scandal stories. I don’t follow comedy setting is more fulfilling in every business classes, Carlson School faculty as the setting. It highlights the will- much, and standup comedy possible way. Here, I am constantly members, potential career options, ingness of pharmaceutical com- even less, but Patriot Act by surrounded by some of the smart- leaders of the local business community, panies to promote substandard Hasan Minhaj (on Netflix, bad est, most intelligent, and dynamic mentorship from a current Carlson Rachna Shah and potentially harmful agents and language alert) is surprisingly people. Besides teaching and School student, and college preparation Professor, the thinning edge of U.S. regula- good for its astute observations researching, I can travel, and work Nini Dang, ’24 BSB tory power in a rapidly globalizing about the society we live in. with managers and/or policymak- Supply Chain Operations pharmaceutical industry. The ers—the opportunities in my role book substantiates my research, are limitless. Imagination and avail- and is a must-read, particularly able time are the only constraints. for generic drug consumers. 6 U N I V E R S I T Y O F M I N N E S O TA FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 7
FACES OF CARLSON Among our greatest Hollies Winston Samantha Clute Christopher Danner achievements at the Carlson ’13 MBA ’21 MBA ’21 BSB School are the connections Chair and CEO at Guaranteed America, Inc. “The community of Compass at Carlson has been really meaningful “My biggest source of inspiration and also my biggest source of gratitude we have made to each other “A vision of what a better world can to me in my own personal journey. My process towards my identity in the during this time has come from many of the folks in our society who are look like inspires me. We always and to the school. Our Faces talk about gaps for people of color, LGBTQ community wasn’t really as clear or clear-cut as I thought it was continuing to go to work each day so that we can have the goods and African Americans, and I always say, of Carlson series showcases ‘Well, what does that world look like supposed to be. I walk through the world holding a lot of privilege. I’m a services we need to survive and get through this time together, and that’s when—African Americans especially— the perspectives of our we define what success is and we cis, white, straight-passing woman. And I feel like, in many ways, I haven’t everyone from our healthcare workers to those in our food and agriculture inimitable students, faculty, decide our destiny?’ When we get to that place, you’ll see a very different felt like I was gay enough and that sector. Obviously, these essential my relatively peaceful coming-out services don’t always provide them staff, and alumni, highlighting world with a lot more resources for everybody. Because when you do experiences and my very accepting Tracy Keeling with the choice of being able to stay family and friends make me feel a home and stay protected like the what inspires them and remove those gaps and you allow people to express themselves, Associate Director, rest of us, but, I am just so thankful MBA and MS programs for all of them doing that on a daily makes them proud of their generally, in this country, you unlock a ton of opportunity. And if you want “Right now in my life I’m most proud basis so that we can emerge stronger, Shaker Zahra collectively, and have what we need work and communities. Professor, Strategic Management to measure it in terms of economics, you unlock a ton of revenue, GDP, all of the volunteer work I’m doing with Greyhound Pets of America to get through this together.” & Entrepreneurship Department those things that matter. But more Minnesota. GPA MN is a local chapter “I’m most proud of the fact that I importantly, you just unlock a ton of a national nonprofit that finds have gotten to know so many people of potential across the arts, across permanent forever homes for racing from so many cultures, from so many business, across politics. So that’s greyhounds when they retire from places around the globe, and my what motivates me, is a vision of their careers on the track. I’ve been life has become better and richer the world where people can follow volunteering with them since I because of these connections. It’s their own destiny and vision.” adopted my first retired racer nearly something I never dreamed would 10 years ago, and I’m currently happen to me, and probably is starting my second two-year term the highlight of everything in my as president of the board. It’s just life. It defined what I did and how so gratifying to introduce the public I did things and I cannot tell you to these gentle, loving, 45-MPH how important that has been.” couch potatoes, and see the dogs settle into their retirement homes and to life as a beloved pet.” little bit less qualified to participate in LGBTQ spaces and discussions. I realized through my engagements with Compass and more broadly with the community that it’s created, that my voice matters and that walking forward with my lesbianism as openly expressed as my privilege provides me the best platform to advocate for diversity, equity, and inclusion efforts across the business community.” 8 U N I V E R S I T Y O F M I N N E S O TA FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 9
FOCUS F A C U LT Y I N S I G H T S Dynamic Disruption BY JOEL HOEKSTRA Last spring, as the U pivoted to online instruction to help slow the spread of COVID-19, Carlson School instructors and students found themselves adjusting and adapting at warp speed. The results were insightful—and for some, invigorating. Among Beth Campbell’s academic interests is the study of interpersonal dislike the virtual environment, but there are some advantages,” she says. “We need “In this environment, dynamics and teams in the workplace. So, as you might expect, Campbell, to look at the obstacles and think, Could parts of this be a feature, rather than a bug?” students really an assistant professor of Work and appreciate Organizations, has taken a keen interest DRAWING THE MAP in how teams and worker interactions Professor and Marketing Department discussion and have changed amid the pandemic. When employees have to social distance or work Chair Vlad Griskevicius compares the shift to online instruction at the Univer- being able to from home, how does it affect produc- tivity, morale, and business in general? sity to the explorations of Sacagawea and Lewis and Clark in the American West. learn from each Campbell has been particularly “There was no map,” he says. “You drew other. The art of interested in virtual onboarding. “What the map as you went along.” For some is the most effective way to embed professors, it was exciting. For everyone, teaching in Zoom is someone in your company culture? We used to think it required workshops it was a challenge. “You had four days to figure it out,” Griskevicius notes. about asking really with bad muffins and coworker happy hours to get new employees to bond,” The Carlson School faculty banded together in online discussion groups to good questions.” Campbell says. “But maybe that’s not consider solutions. “We had an immense — VL AD GRISKEVICIUS necessary.” The jury is still out, she amount of communication with each admits, but she’s working closely with a other and lots of cooperation,” Griskev- large Twin Cities professional services icius says. But in the end, different peo- Griskevicius believes the pandemic firm—she can’t disclose the name—to ple adopted different approaches—and experience has irrevocably altered online study onboarding practices that are some were more successful than others. learning. “Most students—and their effective in the current circumstances. The department polled students at parents—are afraid of virtual learning COVID-19 has not only reframed the end of the semester to gain insights because they’ve never had a good Campbell’s views of interpersonal into what worked and what didn’t in experience,” he says. “But once they see interactions in the workplace, the online instruction. Griskevicius says the a well-designed experience, it radically pandemic has also made her more aware highest marks were given to instructors alters how they look at education. of communication in the classroom. who took a hybrid approach, mixing There’s a belief that in-person instruc- “There are unexpected benefits to online short video lectures (“If it’s over seven tion leads to a better outcome, but this learning,” she says. “I think it amplified minutes, it’s too long!”) with team experience is showing us that we can the voices of less-vocal students. I activities and small-group discussions design a virtual class that’s also highly heard some students contributing in a convened in virtual breakout rooms. engaging, high-quality, and impactful.” way that I couldn’t always hear when “In this environment, students really I’m in a 50-person lecture room.” appreciate discussion and being able THE ART OF TIME TRAVELING The experience has made Campbell to learn from each other,” Griskevicius Svjetlana Madzar teaches the capstone look at challenges—in business, in teach- says. “The art of teaching in Zoom is course for international business ing—with fresh eyes. “People initially about asking really good questions.” majors. A senior lecturer in Strategic 10 U N I V E R S I T Y O F M I N N E S O TA ILLUSTRATIONS: FRANCESCO CICCOLELLA FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 11
F A C U LT Y I N S I G H T S Management and Entrepreneurship them online would make the hours drag. WRESTLING WITH REAL-LIFE who has served on the guest faculty “Three hours on Zoom is just a challenge PROBLEMS of educational institutions in France, for us all,” Vohs says. “It forced me to When people started fretting about short- Germany, India, and Spain—and has get really creative. I would sit on my ages of toilet paper and hand sanitizer last led students on international residency kitchen table the morning before the spring with the onset of the COVID-19 trips to Austria, Chile, Cuba, Hungary, class trying to figure out what I could pandemic, Professor Kingshuk Sinha took and Peru, among other places—Madzar do that would make it more fun.” note. But he was confident that manufac- tries to impress upon her capstone At one point during the term, Vohs turers would catch up with demand. He Beth Campbell students the specific challenges that asked the class to watch Tiger King, a pop- was more concerned, along with people arise when business goes global. “We ular Netflix documentary about the life of in the medical community, about the focus on the strategic challenges of an eccentric zookeeper named Joe Exotic. worldwide supply shortage of PPE and working across borders,” she says. Students may have thought the assign- ventilators, and the lack of capacity in Madzar had just started teaching ment was unusual, but Vohs connected hospitals and ICUs needed to care for the the capstone class when COVID-19 the show to readings on consumer behav- surging volume of COVID-19 patients. upended normal life around the planet. ior. “We looked at the academic theories “You want supply chains to be reliable, Her international students went about human motivation and applied responsive, resilient, and responsibly home—to New Zealand, Spain, and them to the show, which is an unbridled managed,” Sinha says. “But as manufac- Ukraine—and Madzar had to learn how display of human ambition,” she says. turing has become more global, supply Vlad Griskevicius to navigate time differences and technol- “We also asked explored questions like, chains are more and more vulnerable to ogy issues as classes went online. Carlson ‘Do people feel the same level of love for natural and manmade disasters. We’re School students returning from canceled their pets as they do their children?’” seeing the effects of that right now.” study-abroad programs were allowed to For many, the COVID era has dimin- As the pandemic rewrote the rules of join the class, and many had stories to ished overall happiness, so Vohs asked business and life around the world, Sinha tell related to the hardships of crossing her students to immerse themselves in reworked his spring semester graduate borders. “The students had recent literature about the topic. “I think we’re elective “Supply Chain Management in the experience with the communication all realizing that we can derive meaning Healthcare and Medical Device Sector” to issues and challenges that pop up when from small things,” Vohs says. “You don’t focus specifically on the delivery of medi- Svjetlana Madzar you move from one country to another,” have to buy a Mercedes to be happy. cal supplies and healthcare in COVID-19 Madzar says. “In some sense, this was Right now, we’re discovering that you can times. “The problems we are facing now a real-time, real-life experiment.” get meaning from small things, like just are not problems that we have ever faced Dividing her students into teams, getting coffee at your local coffee shop.” before,” he says. “I felt it was important for Madzar deliberately mixed one student In the end, Vohs was impressed by her students and me to wrestle with immediate in another time zone to each cohort. students’ willingness to stay on task. “I real-life problems. The design and delivery The result? Students had to learn to didn’t think I’d be able to expect much, of the course was occurring on the fly.” coordinate schedules and work through given all the chaos,” Vohs says. “But my His students rose to the occasion. cultural misunderstandings at a distance, students were 100 percent right there.” One team developed their final course much as they would in global business. paper on the end-to-end supply chain Kathleen Vohs Madzar believes that the global for ventilators, taking into account experience actually helped her students the various stakeholders, challenges bridge differences and form emotional connections. “We realize that everyone “As manufacturing of affordability and coordination, stockpiling, and the role of government. is going through the same hardships,” she says. “In some sense, borders has become more Another team analyzed the COVID- 19 care supply chains of a large U.S. and cultural differences don’t matter. global, supply chains state, addressing issues related to PPE, We’re all grappling with the virus.” hospital beds, plasma donations, racial are more and more disparity, mortuary capacity, and future Kingshuk Sinha TEACHING WITH TIGER KING PhD classes typically meet for multiple vulnerable to natural vaccinations. “The students really immersed themselves in the problems hours at a time each week, and when all University classes went online, Professor and manmade and were creative in their solutions,” Sinha says. “We all learned something Kathleen Vohs approached hers with disasters. We’re about health care and COVID—and trepidation. “It was tough, really tough,” gained some insight into what needs to Vohs says. In the classroom, she explains, seeing the effects happen to prepare for the future. It is discussions move with a fluidity and lively energy that make them dynamic of that right now.” the most live course I’ve ever taught.” and interesting. She worried that holding — KINGSHUK SINHA 12 U N I V E R S I T Y O F M I N N E S O TA FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 13
CLOSE-UP: ALUMNI SURVEY BY TIM GIHRING SAYS >> HOW MORNING CONSULT, LED BY MICHAEL RAMLET (’09 BSB), IS HELPING COUNTRIES AND COMPANIES NAVIGATE A WORLD TURNED INSIDE OUT. Morning Consult, the polling firm, is a relative newcomer to the question business. Its CEO, Michael Ramlet, co-founded the firm seven years ago, before he was old enough to rent a car. But its scope and agility has given it formidable insight—what it calls data intelligence—into virtually every aspect of modern life. It surveys more than 20,000 people a day around the world, about everything from whether they trust the president to whether they trust the tap water. Late last year, having asked people about the economy and their finances for more than two years, Morning Consult began sharing what it knew with the Federal Reserve. “We figured they were one of those organizations that is always looking for a better sense of what’s going on in the economy,” recalls Ramlet. “Little did we know it would soon be of tremendous importance.” 14 U N I V E R S I T Y O F M I N N E S O TA FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 15
CLOSE-UP: ALUMNI By spring 2020, with much of the AMBITION, SERVED EARLY NEW POLLS, NEW INSIGHTS or demographics to better understand world in lockdown, Morning Consult Ramlet grew up outside Madison, Wis- The online approach was partly their audience. Economic Intelligence, was flooded with data requests. John consin, a center of academia and politics, pragmatic, Dropp says, as Morning which offers clients the consumer Leer, an economist with Morning and eventually was drawn to both. He Consult lacked the calling centers of confidence data that banks and gov- Consult, was talking to international was a school government kind of kid. established polling firms and the money ernments were clamoring for when the agencies who were suddenly having “Pretty precocious,” he says, “always to staff them. But cutting the cord pandemic hit, is the latest product. regular morning briefings. He was liked to talk with people.” A top seller of has also opened new opportunities for Isenstein says the company’s evolution talking to the central bank of Ger- wrapping paper for the school fundraiser. research, from showing people videos has not dimmed its start-up enthusiasm. many, which was building a real-time When he entered the Carlson School, to having them read long articles. When the decision was made, this indicator of the country’s economic in 2005, he quickly sought out mentors. And, of course, it offers anonymity. past spring, to fast-track the release of activity. They all needed the latest data. He met about once a week with John In 2015, with Donald Trump lead- Economic Intelligence, it was all hands “Everyone knew the global economy Stavig, director of the Gary S. Holmes ing fellow Republicans in the polls, on deck—even as employees were holed Morning Consult saw a chance to up at home. “It was probably 10 days test this. They surveyed about 2,400 from when we said we need to seize Morning Consult’s daily consumer Republicans, starting online and then continuing either online, with a live the moment and get our data out to when we launched,” Isenstein says. The confidence surveys are more like sonar interviewer over the phone, or with an automated voice. Sure enough, first iteration went out in an email, not unlike Ramlet’s original newsletter. pings, telling us where we are in the Trump performed 6 to 8 points better when people didn’t have to admit Data, of course, has no intelligence of its own. It’s only as good as what people vast ocean between traditional reports. their preference to a live interviewer. Morning Consult had the first real do with it. In the wake of the pandemic and unrest, Morning Consult has revealed evidence of “shy Trump supporters.” a declining materialism among Ameri- cans, who say they’re less likely now to was in freefall,” says Leer, “but it was Center for Entrepreneurship. He would arrive closer to brunch than breakfast buy everything from clothing to refrigera- difficult to measure precisely.” For much of the past century, eco- commandeer the office of Assistant Dean of MBA and MS programs Phil if he had been out the night before. Yet it still felt important to Ramlet and his In the wake of the pandemic and unrest, Morning tors. “Brands have a hard challenge ahead of them,” Ramlet says. “Many are going nomic information has trickled out in quarterly reports, the way one is encour- Miller, who then ran the school’s Consulting Enterprise. He asked Asso- readers, who finally gave it a proper name after Ramlet surveyed them: Morning Consult has revealed a declining materialism to have to totally rethink how they go to market and reach consumers.” aged to check on investments. Morning Consult’s daily consumer confidence ciate Dean of Global Initiatives Steve Parente—who was then the professor Consult. It was the company’s first poll. among Americans, who say they’re less likely now Ramlet is especially interested in the reaction of Gen Z, the largest and surveys—the same five questions, asked over and over—are more like sonar and director of the Medical Industry Leadership Institute—to advise him GOING ONLINE Back in 2006, Ramlet had interned to buy everything from clothing to refrigerators. most diverse generation yet, who are beginning to emerge from college into pings, telling us where we are in the on his senior thesis, one of the first at in the U.S. Senate, where he met Kyle a world as unprepared for them as they vast ocean between traditional reports. the business school since the 1940s. Dropp, a fellow Wisconsinite. They are for it. Companies were already In March, during the scramble to In fact, Ramlet told Parente he’d were the first interns to arrive that ABOVE: Ramlet start-up funding, and Parente helped “That survey put us on the map,” Ram- struggling to reach Gen Zers—many assess the pandemic’s fallout, the chief spare him the hour a week of advising, summer, and for a month it was just addresses a full Ramlet set up an LLC using Legal let says. Morning Consult now counts half are almost entirely disconnected from house at the economist of Moody’s Analytics called instead presenting him with something the two of them. They stayed in touch Zoom and a Wells Fargo account. They the Fortune 500 as clients and is valued the news sources and experiences of McNamara Alumni Morning Consult’s model “the future.” he’d already been working on: a kind as Dropp went on to earn a PhD Center. just needed something to survey. around $300 million. Ramlet, who is in older Americans. Then came 2020. Morning Consult had in fact been of news reader, summarizing articles in political science from Stanford, They decided to poll whether the his early 30s, got married in Chicago two Morning Consult began tracking preparing to package its comprehen- about the healthcare industry and policy. thinking about political persuasion young and uninsured would sign up for days before the “shy Trump voter” release the worldviews of Gen Z in April. Two sive economic data sets, including its He’d been emailing it every morning and how to measure its effects. health insurance through the exchanges and has remained there, while a couple months later, after the death of George daily consumer confidence survey, to a growing list of subscribers. Polls were still largely conducted by established by the Affordable Care hundred employees are spread from Cali- Floyd, a majority of 13- to 23-year-olds in a new product called Economic “Here was this brash, young soph- landline telephone then, even as fewer Act. It was an important question: the fornia to D.C., connected by Zoom. surveyed said the pandemic and the Intelligence, which can divvy up data omore who comes barging into my people were picking up. Ramlet, who exchanges were about to open, and their Libby Isenstein, who came to Black Lives Matter movement were by more than 100 variables. It was office, saying, ‘You don’t know me, calls this approach “deeply inefficient success depended on the participation of Morning Consult in 2016, is now the the most impactful events of their slated to debut in the fall. Instead, it but you will,’” recalls Parente. He was and wildly expensive,” was intrigued by young, healthy people. They built a simple company’s Vice President of Product lifetimes. Many were worried about their was released in April. “It felt like it impressed, if bemused. He eventually Dropp’s research into reaching people WordPress website, surveyed 2,000 people and has helped it expand from political education and future prospects. Almost was in the public interest,” says Leer. took Ramlet on trips to Washington, online and by cell. He envisioned a online—roughly twice the usual number— polling to contracting for custom all of them said the world is unfair. Since then, of course, almost every- D.C., introducing him in health policy media company writing up the results and found that a strong majority planned surveys to developing its own prod- Yet most also said they now believe thing has become uncertain: the way we circles. After graduation, Ramlet got a of more immediate, more robust polling to sign up. They released the results a day ucts. Brand Intelligence, its flagship they can change the world. Indeed, work, the way we learn, the way we shop. job there in a prominent new think tank, than anyone else had attempted—as before the exchanges went live, and the product, tracks what people in several Ramlet says, if people are listening to But to someone like Ramlet, whose busi- working on healthcare policy just as the he put it, “the Bloomberg Terminal White House led its afternoon briefing countries think about thousands of them—people in business and govern- ness is uncertainty, the path forward is a Affordable Care Act was taking root. of public opinion research data.” with the Morning Consult survey. brands and goods. Its subscribers, ment who want to know what the future matter of asking the right questions—so But Ramlet never stopped sending By 2013, Ramlet and Dropp were “Two weeks later we got a $168,000 who mostly work in marketing and holds—then Gen Z is already changing long as we’re prepared for the answers. out his newsletter. It might go dark for ready. Parente and a fellow angel check,” Ramlet says, from a Fortune 500 communications, can organize the data the world, one survey at a time. weeks at a time if he got busy. It might investor had given them $30,000 in healthcare company. however they want, comparing brands 16 U N I V E R S I T Y O F M I N N E S O TA FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 17
UNPRECEDENTED TIMES Jael Kerandi “It could have (’21 BSB), former student been me. It could have body president and Carlson School student, used her seat at the table been my brother. It could have to lead fellow students through COVID-19 and the murder of George Floyd. been my sister...” AS TOLD TO NICOLE NORFLEET 18 U N I V E R S I T Y O F M I N N E S O TA PHOTO: NATE RYAN FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 19
UNPRECEDENTED TIMES | THE VOICE I avoided watching the video. I knew trauma awaited. I can still hear it in my I decided to write a letter to the head: When George Floyd called out for his mama, he called out to all mothers. Gabel administration demanding they sever ties with the Minneapolis My family moved to the United States from Nairobi, Kenya, when I was Police Department. And I wanted 18 months old. It was an opportunity for my father to give his children a chance at a better life—the “American dream.” The chance to take advantage of the opportunities that would alter people reading it to know that a your life. My parents invested in our learning and often reminded us of Black woman wrote this letter. A the importance of our education and told us to never forget who we were. Black woman who was tired of seeing But the life my parents wanted us to have here looked different based on her people killed at the hands of law enforcement. A Black woman the color of our skin. Philando Castile and Jamar Clark were killed when I was supporting the 6 percent of Black in high school, but I vividly remember the murder of Trayvon Martin. I was young. I remember being in the car, hearing the verdict on the radio. I was stunned and so confused: How could students on campus. the verdict go any other way? From that age, I just remember thinking: What can I do? I nearly felt helpless. But the murder of George Floyd, this alignment with their actions. The end of that year, I ran for vice president was different. It felt different. I was murderous actions of the Minneapolis and I was elected to serve that fall. exhausted, we were exhausted by the police department were not. President Gabel and I started our terms injustice that plagued our community. It After working with people I am close on the same day, July 1, 2019. The next was my time to do something, to stand with on the completion of the letter, I semester, our president resigned and I against the injustice that I had seen attended the first protest on Chicago had the chance to represent over 30,000 for far too long. I knew that I could Avenue. What I saw only solidified the students as student body president. I Kerandi was do something. At that moment, I felt need for justice. That evening, during served in that capacity until July 2020. involved with empowered. I stood on the shoulders our executive board meeting, we voted Throughout my involvement with stu- student government and advocacy from of many, and through that and the on the approval of the letter. It was dent government, starting my freshman her first days at courage given to me by God, I could unanimous. There was no time to wait. year, we had been long advocating for the the University; by advocate for justice, for what was right. support of Black students on our campus. the end, she was I decided to write a letter to the This didn’t start on This included our Reclaim & Rename serving as the first Black student Gabel administration demanding they May 26, 2020. initiative to remove the Coffman name body president. sever ties with the Minneapolis Police I started out in student government from our student union, as well as renam- Department. And I wanted people as an intern my first year, in a program ing a few other buildings on campus, reading it to know that a Black woman designed to get students involved in because the history continues to margin- wrote this letter. A Black woman who advocacy. As the chair of the athletics alize many of our students. It has resulted was tired of seeing her people killed subcommittee on the Sexual Assault in larger, broader conversations around at the hands of law enforcement. A Task Force, I advocated for student University history and diversity and inclu- that comes with a 19-credit semester. running for student government, way administration, and their single most Black woman supporting the 6 percent athletes, working very closely with sion. I continued to advocate for students I also was still working my job as a back in fifth grade, on up through high important role is to advocate for of Black students on campus. then-MSA President Trish Palermo to all throughout my collegiate tenure, Carlson Ambassador and working in the school. I was so humbled by the trust students who elected them. That My request was the bare minimum, modify the sexual misconduct policy. including trying to improve relationships leadership minor. It was challenging, people were instilling in me and our advocacy and being able to elevate knowing that “it is our job as an In my second year, I served as MSA with the University police department. but the village that raised me is the organization to get things done. They voices was really important to me. institution to exert whatever pressure Ranking Representative to the Board Then the pandemic hit. I was same village that would sustain me. trusted my leadership, discernment, To hold office is a privilege I do not we can to keep our students safe and of Regents. I advocated to the Board navigating all of the logistics that came My joy was etched in the fact that and direction. When students trust take lightly, and even beyond that demand justice in our city and state.” of Regents in regards to non-resident, along with representing students in students trusted student government you to do the work, it fills your cup. representation matters. When you The policies the University held on non-reciprocity tuition and the support a time of unprecedented crisis, while in a way I hadn’t seen before. And this Student leaders and student get to the table, you have to use your Diversity and Inclusion had to be in of Black students on our campus. At the supporting my own academic work was the realization of my dreams of government have access to voice. Our lives depend on it. 20 U N I V E R S I T Y O F M I N N E S O TA FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 21
UNPRECEDENTED TIMES | THE VOICE This was so much bigger than me. To me, this decision was for the young Black girl in third grade who will one day come to this institution— and my hope is that one day she will experience an institution that supports her progression and success. Her reality should be different. Somebody texted me: letter created inspires me. We can make Community change, it can happen quickly, and it will members gather in “Jael, Jael, Jael.” south Minneapolis be meaningful. Universities are made I was in shock when I saw President to pay their respects up of a collection of academics with a to George Floyd Gabel’s response. I broke down and plethora of knowledge, intellect, and at his memorial. cried. This was so much bigger than me. perspective. It is time we use it to better To me, this decision was for the young the lives of the very students they serve. Black girl in third grade who will one day In a perfect world, anti-racism will come to this institution—and my hope is be taught early in the home and in the that one day she will experience an insti- primary sector (K-12) of education. So tution that supports her progression and the leaders we raise will be prepared success. Her reality should be different. to live in a world where equality I still haven’t heard from Chief Clark, and equity are recognized in their the University police chief. He never entirety. So it doesn’t happen here. replied to an email, accepted a meeting This fight is not over. We won’t let request, or answered a question. Never it. Every time I think I’m getting tired, even an acknowledgement. But I will I have a conversation with someone continue to ensure that as an institution that reminds me, no, we’re still here. that values the needs of tuition-paying We aren’t done yet. Every time I think students, the safety of Black students protests have died down, I see people will be considered in the totality of are still out there and still doing this campus safety. work. Everytime I think about taking There were so many people who didn’t a break, I remember the many people believe in this, but I had no interest in who tell me, “WE got this.” The listening to the naysayers. I had faith people who have our back for us is us. this was possible. The beauty of this was the domino effect: Student body My village has raised me and held presidents nationwide started reaching me up. Since day one, my parents and out to me, because we had provided siblings have been extremely supportive. a foothold. It empowered student My mom called me Queen Esther. She advocates to use their voice—the role we said, “God wanted you to be in this should have—to lead policy changes and position, at such a time as this. There’s social justice at universities. We must a reason you were put here.” When ensure we don’t get stuck in the creation you have that to stand on, you have of a task force or publishing blanket nothing to fear. One day, we will win. statements. The momentum that the 22 U N I V E R S I T Y O F M I N N E S O TA FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 23
UNPRECEDENTED TIMES A Port in the Storm Tomme Beevas (’11 CEMBA) is reinventing the way a restaurant can serve its community. BY ALEX WEST STEINMAN FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 25
UNPRECEDENTED TIMES | A PORT IN THE STORM Tomme Beevas is a father, an entrepreneur, problems with a business solution.” And people, organizations, and movements. “Where are our Black banks? Fifty and a movement builder who effortlessly naturally, he sees business playing a major “Investing in the community doesn’t years ago, they were thriving until they got and quickly weaves history lessons, policy role in the pursuit for Black liberation. mean losing money and good will alone. burned down,” he says as he reflects on knowledge, and recipes throughout The distribution site was just the first Investing in the community should be Black Wall Street and the Tulsa Race Mas- his conversation. He transcends the step toward applying those business treated like a normal investment,” he says. sacre that resulted in a white mob bomb- limits former corporate leaders often solutions towards Black liberation. “We are asking people to invest in this ing the Greenwood economic district in find in themselves, unable or unwilling Pimento Relief Services is evolving with corporation and reimagine the instru- 1921 Tulsa, Oklahoma. He says he recog- to believe another world is possible. the needs of the community, officially ments of liberation because everyone has nizes the importance of centering Black After winning the Food Network’s Food “We are asking people to invest in this incorporating as a B Corp to build more something they can bring to the table.” voices in the growth and development of Court Wars in 2013 at Pimento Jamaican structure and expand its impact. Beevas Beevas defines that liberation as Pimento Relief Services. And he’s ready Kitchen’s Burnsville Center location, corporation and reimagine the instrument wants to create a sustainable, long-term the economic, political, and social to use his rich understanding of history Beevas resigned from his position at Cargill as director of global community of liberation because everyone has model for community support that moves beyond emergency relief and into com- advancement of Black communities, investing in ownership of businesses and future analysis to provide the bold, visionary leadership this movement needs. involvement, and opened a second location in March 2016: Pimento Jamaican Kitchen instruments they can bring to the table.” munity prosperity. The B Corp will take a holistic approach to equitably investing and land, rewriting what he calls “herstory,” and providing resources for In order to make this happen, Beevas is currently bringing community experts to on Eat Street in South Minneapolis. A — T O M M E B E E VA S in the economic development of Black political candidates to run and win. the table to take on these three pillars of On left, bags of donations are organized and sorted for those in need. Right, Beevas offers up takeout served up with his signature brand of hospitality. Crowds gather outside Pimento Jamaican Kitchen— which became known as Pimento Relief Services—in south Minneapolis, the flashpoint of the uprisings following the murder of George Floyd in May of 2020. staple of feel-good, authentic Jamaican cuisine, Beevas has built a gathering spot National Guard. In some areas, the uprising brought the destruction of vital says in response to the uprising and the community support that followed. “Let me be honest and clear: liberation. Each committee is reimagining what funding mechanisms, educational for more than food. “My superpower is convening people who don’t normally get community grocery and supply stores, leaving residents and families without Within a few days, Pimento turned its entire operation into a donation The secret sauce is [the movement] opportunities, and foundational structures are needed to build out an organization together. Pimento is like Jamaica, where access to food and basic necessities. collection and pick-up site for the com- has people who reflect the community that can support the movement. everyone can come together,” he says. Almost overnight, supply collection munity—an effort that became known as “All options are on the table. With the That’s just what Pimento became and distribution sites popped up across Pimento Relief Services. Staff and vol- in its leadership. That’s how we’re able distribution efforts, we fed 4,000 people for organizers, donors, and those in need in the aftermath of the murder the Twin Cities, with donations arriving from all over the state—even across the unteers fed more than 4,000 people and raised $70,000 to provide emergency to represent and serve a community.” in the first couple of weeks. The question is how do we prevent these people from of George Floyd on May 25, 2020. In country. From churches to restaurants, support. “Who’d have thought Pimento, — T O M M E B E E VA S needing to come back for more next the weeks following the Memorial parks, and small businesses, community a Jamaican restaurant, would provide week? We need to figure out how to fill Day tragedy, protests rippled through organizers mobilized quickly for safe these kinds of services?” Beevas says. that gap until the food deserts are closed Minneapolis, as did opportunists who aid distribution, sometimes through As an immigrant from Jamaica, he or there’s an oasis there,” says Beevas. took to the streets destroying prop- daily Twitter and Instagram posts. often reflects on how Americans approach “Imagine if 3M, Target, Cargill, and the erty—leading to the unprecedented “Nobody thought the revolution was community needs. “I’ve been studying University of Minnesota were putting in deployment of the entire Minnesota going to start in Minneapolis,” Beevas Americans, and they tend to solve the resources to solve these problems.” 26 U N I V E R S I T Y O F M I N N E S O TA FA L L 2 0 2 0 | C A R L S O N S C H O O L O F M A N A G E M E N T 27
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