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Marriott International President and CEO Shares Hospitality Trends

Arne Sorenson has been global from day one. Born in Tokyo, Japan, the president and CEO of Marriott International, Inc., travels more than 200 days per year, visiting some of the company’s more than 4,300 lodging properties in 85 countries and territories.

Sorenson discussed trends in the hospitality industry and Marriott International’s growth at Georgetown University’s McDonough School of Business on Dec. 3, as part of the school’s Stanton Distinguished Leaders Series.
Sorenson detailed the effects of the increasing popularity of the sharing economy with players like Airbnb and online travel agents like Expedia and Priceline.

Alumnus Named Forbes Africa Person of the Year

Georgetown University McDonough School of Business graduate Mohammed Dewji (B ’98) was named “Person of the Year” by Forbes Africa magazine. Dewji joins James Mwangi, CEO of Kenya’s Equity Bank; Akinwumi Adesina, president of the African Development Bank; and Africa’s richest man, Aliko Dangote, as the fourth recipient of the prestigious title.

The award honors an individual who has had the most influence on African business. Dewji is the CEO of Mohammed Enterprises Tanzania (MeTL), one of the largest industrial conglomerates in East Africa. The company’s business interests include textiles, manufacturing, agriculture, distribution, and real estate. Prior to his role as CEO, Dewji served two terms as a member of parliament in Tanzania.

The Best and Brightest Business Majors – Class of 2016

Georgetown McDonough seniors Vaibhav Agarwal and Sarah Renwick Long are featured in Poets & Quants for Undergrad's list of the "Best and Brightest Business Majors of the Class of 2016." Agarwal is a finance and accounting major who plans to join Morgan Stanley's New York investment banking division in the mergers and acquisitions group after graduation. Long, an operations and information management major, has received offers to work as a management consultant in New York City.

Changing the World, One Handbag at a Time

In a small village in Masoro, Rwanda, more than 150 women make handbags and jewelry that end up on the shelves of one of the biggest names in fashion, Kate Spade & Company. The bangles, inset with handwoven beading in vibrant colors, bear inscriptions: courage, dream, limitless, inspire.

The artisans in Masoro are employees of Abahizi Dushygikirane Corporation or ADC, the supplier of Kate Spade & Company’s on purpose label, which launched in May 2014. Professors Catherine Tinsley and Edward Soule at Georgetown University’s McDonough School of Business are studying this socially responsible business model and its impact on the employees and their community. They visited the village over the summer and will make another trip in February.

Global Business Initiative Convenes Supply Chain Experts

More than two dozen industry experts and scholars from around the world gathered at Georgetown University’s McDonough School of Business on Dec. 2 to discuss a global supply chain benchmarking project.

The one-year research effort focuses on current practices and strategies associated with the sourcing of production in a global supply chain.The faculty researchers surveyed 74 senior managers at leading global manufacturing companies to gain insight into three questions:

What global sourcing decisions have been made and what decisions are being contemplated?
What are the drivers of these decisions?
What has been their observed or expected impact?

GEMBA Alumni Partner for Social Transformation

If you ask Senior Associate Dean for Executive Education Paul Almeida to describe the Georgetown-ESADE Global Executive MBA (GEMBA) program, he will say, “It is not just about educating the best people in the world, but the best people for the world.”

Staying true to this expectation, the program’s Class of 2015 launched an initiative that aims to have a profound impact on society. The GEMBA Legacy Project supports underprivileged students in Colombia by restoring areas for play, recreation, and learning to refugee and displaced children.

Ambassadors, Small Business Administrator Discuss Global Entrepreneurship

Nearly 50 ambassadors, economic advisers, and officials of the U.S. Small Business Administration came together at Georgetown University’s McDonough School of Business on Nov. 16 for a roundtable discussion of global entrepreneurship policy. The discussion coincided with the opening day of Global Entrepreneurship Week.

“The work of global entrepreneurship is about providing pathways out of poverty. It’s about helping people harness their talents, provide for themselves and their families, and make a contribution to the betterment of us all,” said Maria Contreras-Sweet, administrator of the Small Business Administration, who provided opening remarks. “As innovators come together in cities across the world, Global Entrepreneurship Week also is a time for governments to come together to create new opportunities in our borderless marketplace.”

MBA Students Log More than 700 Service Hours During MOV

Every year at the McDonough School of Business, the month of November is dubbed the Month of Volunteerism (MOV) as MBA students compete to see which group of their peers can volunteer the most service hours at almost 100 different events and locations throughout the Washington, D.C., area. This year, full-time and evening program students volunteered 706 hours of their time to help the community.

During this time, students also participated in Movember. Promoted nationally by the Movember Foundation, the campaign encourages men to grow mustaches and receive pledges to raise awareness of men’s health issues, ranging from prostate cancer to mental health illnesses. Donations and proceeds go toward further research and finding cures for various health-related issues men face today.

Upcoming Events

Women on Wall Street Panel Discussion, Jan. 14

Africa Rising: Business in Action, Feb. 6