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GLOBAL BUSINESS INITIATIVE

Welcome From Managing Director Ricardo Ernst

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Known around the world for its emphasis on international business, Georgetown University’s McDonough School of Business created the Global Business Initiative (GBI) to ensure the school’s global mission is evident throughout all aspects of the student experience — from the undergraduate to the MBA to the Executive Education programs.

Located in one of the world’s most dynamic cities, Georgetown McDonough offers our students unparalleled access to global executives in business, government, and nonprofit organizations. GBI seeks to make Georgetown McDonough the premier destination for global business education. In order to create more transformational opportunities for students, GBI works to expand the school’s touchstone Global Business Experience and form partnerships with schools, organizations, and companies in Washington, D.C., and around the world.

GBI’s work is invigorating — and necessary. I like to tell people that business has no borders. In this age of globalization, it’s crucial that Georgetown McDonough educate future business leaders capable of making complex business decisions in a global environment. The Global Business Initiative exists to make that possible. Thank you for your interest in GBI.

Ricardo Ernst, Ph.D., Professor of Operations, Managing Director, Global Business Initiative

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Five CEOs Speak at Global Luxury Summit in New York

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Twilight in New York City set the stage for the Georgetown University McDonough School of Business Global Luxury Summit held Thursday, Jan. 29, in the Time/Warner Building across from Central Park. CEOs from global luxury brands Estee Lauder, Michael Kors, Tom Ford, Kara Ross, and Ermenegildo Zegna joined in a conversation about producing and marketing their products around the world.

More than 300 Georgetown alumni, parents, university leaders, and students participated in the event, as well industry representatives and members of the media. Some 100 undergraduate students traveled by charter bus to join in the discussion.

The Georgetown Retail and Luxury Association (GRLA) student organization worked on the event along with the Georgetown McDonough Office of Alumni and External Relations and the school’s Global Business Initiative.

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Coming this Spring: Client Country Visits

This spring, Full-time MBA students will visit Spain, India, Brazil, the United Arab Emirates, China, and South Africa as part of 49 Global Business Experience consulting projects. The one-week trips will be the culmination of several months of collaboration. During the trips, students will present their final recommendations to leaders of the global organizations. In March, 25 undergraduate students will visit Barcelona to present their work on five projects.

Q&A: Maximo Blandon, chair, External Advisory Committee

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Maximo Blandon (MBA ’88) is chair of the Global Business Initiative External Advisory Committee.

From your perspective, how is Georgetown McDonough the premier destination for global business education?

Georgetown University has an academic tradition dating back 225 years and has been a magnet for students from around the globe since its early days. The campus is uniquely located in one of the most important capital cities in the world at the intersection of government, global business, and foreign affairs. The McDonough School of Business has drawn from these unique characteristics and established a record of global business education dating back several decades. As a pioneer in global business education, the McDonough School of Business continues to adapt and lead in the field. If you are contemplating a global business education, there is no better place than Georgetown's McDonough of School of Business.

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Global Business Fellows Program Launches

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As part of Georgetown McDonough’s commitment to be the premier destination for global business education, the school partnered with the university’s Walsh School of Foreign Service to launch the Global Business Fellows Program for their undergraduate students. This program combines the fundamental principles of business with the required understanding of international affairs in the areas of geopolitics, diplomacy, and international development. The specialized curriculum provides students with interdisciplinary courses that will enable them to analyze and solve challenges that impact business and public policy.

In addition to their core coursework in business, economics, languages, and policy, students will take the Global Business Experience capstone course to afford them opportunities as undergraduates to work on international consulting projects. The Global Business Fellows Program also offers students opportunities to interact with organizations such as the International Monetary Fund and the World Bank.

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Chef Jose Andres Preps MBA Students for Barcelona

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Chef Jose Andres, known for his highly regarded restaurants in Washington, D.C., and around the world, sees himself as more than a cook.

“I’m a storyteller,” he said. “I have realized what I tell are stories. I’m sharing what I’m learning. I’m not just opening a restaurant, I’m telling a story of what I see.”

Andres encouraged students at Georgetown University’s McDonough School of Business to find what makes them unique and what inspires them. The group of more than 30 Full-time MBA students will travel to Barcelona in March as part of the Global Business Experience consulting trip.

“You have to learn who you are behind what is obvious,” he said. “We all have to do the soul-searching if we really want to go beyond our potential.”

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Faculty in the News:

- Michael Czinkota, associate professor of international business, shares highlights of the 2015 World Economic Forum with CCTV America.
- Kasra Ferdows, Heisley Family Chair of Global Manufacturing, talks about career opportunities in international supply chain management in Business Because.
- J. Bradford Jensen, professor of international business and economics and senior policy scholar at the Center for Business and Public Policy, and Bob Vastine, senior industry and innovation fellow at the Center for Business and Public Policy, participated in a panel discussion on Trade Promotion Authority as part of the Georgetown on the Hill series.
- Robert Thomas, professor of marketing, is teaching a new, six-week MBA course on “Collaborative Design for Innovation.” The course, which benefits the No Kid Hungry Program, is part of Georgetown University’s Initiative on Technology - Enhanced Learning (ITEL) grant program.


GBI Board of Directors

Marcos Alcocer (MBA ’88) President, Albatros
Miguel de la Campa (F '69, MA '71) Co-Chair and Executive Director, Pacific Rubiales
Mark del Rosso COO, Audi of America
Damir Fazlic Politics, Real Estate, and Energy
Alvaro Fernandez Garza (MBA ’95) President, Grupo Alfa
Steve Marzo (BSBA '80) Principal, Baxter Coudert Capital Limited
Manuel Sánchez Ortega CEO, Abengoa
Fred Wakeman (MBA ’90) Managing Partner, Advent International Plc
Maximo Blandon (MBA ’88) - Chair Managing Director; Co-Head of Power and Industrial Technology, Stephens
Thomas J. DeRosa (B '80) CEO and Director, Health Care REIT
Ricardo Ernst Professor of Operations and Director of the Latin American Board and GBI, Georgetown University
Fabrizio Freda President and CEO, The Estée Lauder Companies Inc. Board of Directors, Blackrock, Inc.
Javier López-Madrid CEO, Villar Mir group
Franck Moison COO, Emerging Markets & Business Development, Colgate Palmolive Co.
Pavlos Vardinoyannis (BSBA ’89) Founder and CEO, Cavehill, Gas and Energy
Carlos Zalles (BSBA ’75) CEO and CIO, LW Investment Management

GBI Staff:

Ricardo Ernst Professor of Operations and Director of GBI | Valeria Bellagamba Associate Dean | Justine Schaffner Assistant Dean | Wilbert Hidalgo Assistant Director



Georgetown University McDonough School of Business
Rafik B. Hariri Building | 37th & O Streets NW | Washington D.C. 20057
http://msb.georgetown.edu/experience/GBI
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