Thursday, September 23, 2010

Certificate in Responsible Management Open House!

Interested to learn more about the Certificate in Responsible Management? Attend the open house on Tuesday, September 28 from 6-7:30pm in Duques room 520.

If you can't attend the event but want to learn more, feel free to email Eliza Roberts at ebr@gwmail.gwu.edu or Professor John Forrer at jforrer@gwu.edu


Wednesday, September 22, 2010

"Climate Corps 2010: Inside the Energy Efficiency Cubicle" by Jeremy Dommu

I generally don’t like cubicles. Before I started my MBA at the George Washington University, I spent five years working at a cubicle. When I left my job in public accounting, I was relieved at the thought of abolishing cubicles from my life forever. But now as a 2010 EDF Climate Corps fellow at PHH Arval, I have never been so proud to have my very own cubicle. In fact, I don’t even call it a cubicle – this is now my workstation. I’ve even decorated it with EDF and Net Impact signs. I think the reason for my renewed enthusiasm for office life is that I have never felt more passionate about my work.

As an EDF Climate Corps fellow, I am responsible for making the business case for sustainability. I’m helping my host company, PHH Arval, simultaneously improve its bottom line while increasing environmental performance. This win-win situation is created by recommending projects that reduce energy usage and in turn lower utility bills in a commercial office building while cutting harmful greenhouse gas emissions.

PHH takes sustainability seriously. Their award-winning PHH GreenFleet program, for example, works with many of today’s leading transportation companies to encourage less fuel consumption, more efficient driving and the improvement of fuel economy for fleets. PHH also practices what it preaches. Through the dedication of an environmentally conscious facilities department and the commitment of a voluntary Green Team, PHH has already reduced electricity consumption by 20 percent in the past 5 years, obtained an EnergyStar rating that puts it in the top 25 percent of all office buildings in its class and is well on its way to meeting its Environmental Protection Agecny Climate Leaders goal.

Even for such an environmentally responsible organization, I am finding that significant opportunities for lowering energy consumption still remain in all the primary areas of the office building. As I learned during EDF’s week-long Climate Corps training, “low-hanging fruit always grows back.” So, even for the most environmentally conscious organizations, a renewed look at energy consumption is bound to turn up new opportunities to save money as technology changes, cost barriers drop and new standards, regulations and incentives are offered.

After noting that an above-average amount of electricity usage at PHH is attributed to lighting, I’ve been analyzing several projects that I hope will reduce lighting costs:

  • The installation of occupancy sensors in closed spaces
  • Daylight harvesting to take advantage of the natural light that flows in through the wall-to-wall windows
  • A review of nighttime and weekend lighting policies

I’m also reviewing the HVAC system and believe that the heating and cooling loads can be reduced through improvements to insulation, air sealing and window film. Computer Power Management software can also be installed to minimize energy waste from office equipment, and Vending Misers can be installed on all vending machines in the building.

Furthermore, I’ve been thinking about data centers. EDF organizes weekly expert calls by leaders in energy efficiency. On one of those calls, Don Beaty, a lead consultant for datacom facilities and designer for all Google data centers worldwide, explained that there is absolutely no reason for data centers to be cooled to a frigid 68 degrees or lower. Instead, ASHRAE environmental specifications allow for the intake temperature to be set as high as 80 degrees without risk to equipment and without impacting performance. Before the call took place, I reserved a conference room and invited the IT managers from PHH to attend. The message about temperatures in data centers immediately reached its intended audience from a very credible source. Now, I’m working with the energy-conscious IT department to increase the temperature in the data centers at PHH. I am currently working on quantifying the savings from this increase; which I believe will be substantial.

As this example illustrates, energy efficiency is easy money and good business. While there is no upfront cost of increasing the temperature set-point in a data center, some of the other projects I am considering do require an initial investment. Yet, by analyzing these projects from a financial perspective, just like a company does with any other investment they make, I am finding that these projects are smart business ventures with high returns, low risk and quick pay-backs. So, as a business student and environmentalist, I’m proud to sit at the energy efficiency cubicle, formed by the benefits these projects have on the environment, energy usage and to a company’s bottom line.


*Jeremy Dommu is a 2010 EDF Climate Corps Fellow at PHH Arval. This content is also posted on the Environmental Defense Fund Innovation Exchange Blog and Greenbiz.com. Further coverage of the Climate Corps program is available at GreenBiz.com/edfclimatecorps.

Monday, August 30, 2010

Volunteer Opportunity--Tubman Elementary

If you are interested in this volunteer opportunity, email: albarr@gmail.com or click on the link below.


Working together, we have made a significant impact. Through the hard work of volunteers, teachers, and students, the percentage of Tubman students proficient in reading increased for the second year in a row (while the average DC elementary school actually moved backwards on this measure). In addition, DC-CAS results indicate that Tubman students who participated in Reading All-Stars last year were twice as likely to become proficient in reading as their peers who did not participate. So our involvement truly made a difference.


However, there is still so much work left to do. There are still far too many kids – both at Tubman and across the city – that cannot read at grade level. So we’ll be back at Tubman this fall, working harder than ever, to help every student there reach proficiency in reading. It’s a huge challenge, but it’s also an opportunity to make a huge difference. Can you volunteer this fall to make sure every Tubman student that needs help receives it? Get details and sign up now by clicking here. We're making progress. We can't stop now.

Thursday, July 1, 2010

"The Seoul of Business School" by Jeremy Dommu

It's 11 a.m. on May 20 in Seoul, South Korea, and 10 students from the George Washington University MBA, including myself, are frantically scrambling to put the finishing touches on a presentation we are scheduled to deliver in three hours. We worked for seven weeks back home in Washington, D.C., researching the wind turbine business and had already spent two weeks in South Korea consulting with Hyosung to develop a strategy to expand its turbine manufacturing business in Korea, Latin America, and the U.S. With just hours until two senior vice-presidents of the wind business are scheduled to arrive at our hotel's conference room, we are still tweaking PowerPoint slides and fine-tuning our oral delivery of slide content.

This is the culmination of my first year in GW's Global MBA program, and like the year that has just preceded it, it's ending with a flurry of activity and a rapid coordination of efforts. Armed with the tools of finance, supply chain management, business strategy, international management, business communications, macroeconomics, and marketing—all part of our recently completed first-year core classes—our team works together seamlessly to add the finishing touches to aid in the delivery of a set of recommendations we hope can help Hyosung achieve its goal of becoming one of the top 10 global providers of wind energy solutions by 2017.

For me, the opportunity to consult in an international setting was one of the driving forces in my decision to attend GW. This residency was more than just a field trip after a 14-hour flight. It was a consulting engagement at its heart and a good opportunity to employ the business skills we have developed over the past year. I chose the trip to Korea over other trip options to India, Sweden, Serbia, and Mexico, because its focus on the intersection of business and public policy and the development of renewable energy resources so closely aligns with my career goals. While my excitement grew as the trip approached, my wildest expectations couldn't have prepared me for the learning experience, networking opportunities, and sheer enjoyment I was so fortunate to get during GW's international residency project in Seoul.


FROM WIND TURBINES TO CHICKEN FEET

The focus of our trip was exploring South Korea's green growth strategy. Korea has pledged to stimulate its economy through the development of green technologies and innovation. Twenty GW students were on the trip, divided in two teams. While 10 of us worked with Hyosung on wind turbines, the other 10 consulted with SK Energy on the development of lithium ion batteries, which will be used to power a new fleet of electric vehicles worldwide.

Both of these projects provided ample opportunities to apply practical MBA skills to new industries. But beyond the education, this trip was an amazingly good time characterized by karaoke nights, Korean baseball, sleep dancing (what happens at 6 a.m. at the club when your mind and body shut down on the dance floor), chicken feet, and more soju than I care to remember. Shepherded down the streets of Seoul by our faithful TA and patient guide, Sungha, all 20 GW MBAs made the most of this incredible opportunity, and I believe all of us are significantly better off after this experience.

I think what truly made the trip such a success was the leadership of our professor and guide, Danny Leipziger. Simply put, Leipziger is a rock star in Korea. He joined GW's MBA faculty in 1997 after a long career at the World Bank, where he led the bank's first economic recovery loan to South Korea after the Asian financial crisis. While we were in South Korea, Leipziger set up a series of meetings with various officials, economists, assemblymen, business leaders, and media personnel. The meetings complemented the work we were doing with our client companies as they worked to respond to the public policy push for green innovations.

GW has a significant network of more than 800 alumni in Korea. Several of these alumni stepped forward to act as our gracious and extremely generous hosts. The success of these individuals and their insights into the Korean business culture served as both inspiration and education when they hosted a 20-course traditional Korean meal, a night reminiscent of D.C. power dining at a Western-style steak house, and topped it off with VIP entrance and table service at one of Seoul's hottest nightclubs. This friendliness will not soon be forgotten, and my classmates and I look forward to continuing to build on the relationships and networks we developed on our trip.

This trip demonstrated the value of an MBA, as I was able to apply the skills I have acquired over the past year. I have become a better communicator and team player, and I'm better versed in the multiple functional areas of business that are required to become a leader in management and a fine strategist to others. The trip exemplified the Seoul—err, soul—of business school, which I would characterize as the combined application of existing knowledge while simultaneously obtaining experience in new subject matters.

Personally, I am broadening my knowledge of the energy industry as I prepare to become a champion for demonstrating the financial value that can be derived when businesses embrace environmental sustainability. Going to Seoul was the perfect capstone to an incredible first year of business school. After our two distinguished guests departed following our presentation, I can look back now with confidence that we provided them with several viable strategies and ideas that I hope will help them grow as much as we have during this incredible experience.

Jeremy Dommu Global MBA, 2011

*This is taken from his Businessweek Blog

Wednesday, June 30, 2010

"The Right to Water" by Eliza Roberts

“Access to safe water is a fundamental human need and therefore a basic human right.” ~Kofi Annan, United Nations Secretary General

Water may be regarded as a basic human right. Yet, today more than 1 in 6 people in the world don’t have access to safe drinking water. According to a recent World Health Organization Assessment, more than 5 million human beings die each year from illnesses linked to unsafe drinking water; one-third of these deaths are in India alone.

India currently has the second largest population in the world with 1,182,783,000 people. As the population continues to increase and as more Indians move into the middle class thus consuming more water on a day-to-day basis, water consumption is going to increase at an alarming rate.

Many arid regions of India depend heavily on groundwater for farming and basic survival. Some 85% of the population depends on groundwater for their water supply. Yet, between 1947 and 2000, access to groundwater per capita decreased from 5,150 cubic meters to 2,200 cubic meters. With increasing populations in India, it is expected that by 2017, there will be a further decline of per capita availability of groundwater to 1,600 cubic meters.

If that doesn’t sound alarming enough, try this.. Glaciers and snow in the Himalayas are a primary source of water for rivers throughout the country. Yet, with climate change this important source is melting quickly and is expected to decrease dramatically in the coming years. Climate change is also expected to alter the monsoon patterns, which may leave many farmers with arid non-farmable land.

In addition to concerns about the supply of water in India, there are a number of problems surrounding the quality and cleanliness of the water that is available. Many of the rivers have been mismanaged, overused, and polluted. The Ganges, for example, the holiest river in India is also the most polluted river in the world. Approximately 90 million liters of sewage are dumped in the river everyday.

In India, 70 to 80% of illnesses are related to water contamination or poor sanitation and cases of these illnesses are on the rise. Those afflicted face a number of challenges, including inability to work and high medical bills. These effects can be particularly debilitating and costly for those without the resources to afford medical bills and make up for lost days at work making it more of a challenge for them to escape from poverty.

Despite the daunting information and statistics that I have layed out, there are ways to address these problems and minimize their impacts in the future. Many development organizations, governments worldwide, NGOs and the Indian government are investing money into water and sanitation projects to try to deal with water issues throughout the country. Many of these projects have been successful, but there are still too many people throughout the country without access to safe water, toilets and sanitation.

There needs to be more of a focus throughout India and the world on the importance water. It is often not until resources become depleted that people begin to recognize their value. As water sources become more polluted and depleted, I can only hope that people will begin to recognize its importance and pool together greater resources to address the challenges that lay ahead.

As water challenges are addressed, it is important to recognize that solutions cannot simply come from one sector. Non-profits alone, for example, cannot address these challenges throughout the country. There needs to be a multi-pronged approach with funding and development from NGOs and governmental entities both in India and throughout the world; corporations that see the value in investing in innovative water technologies that reach both the elite, as well as the poor; Microfinance Institutions that provide loans for the purchase of health care, water filters and other technologies; government policies that work to conserve and protect water sources, as well as effective implementation of these policies at the state and local level; citizens throughout the world who conduct research and pilot projects to find innovative, cost-effective solutions to address the challenges ahead; and citizens on the ground who implement grassroots advocacy campaigns to conserve and protect their water.

Eliza Roberts Global MBA, 2011

*This is taken from Eliza's wordpress blog

Tuesday, June 29, 2010

"Football for Hope: Strategic CSR in Action" by Kristina Brzezinski

Fifa and streetfootballworld founded the Football for Hope Movement to use football (soccer in the States) as a tool to address issues such as health, education, gender equality, peace building, the environment, and HIV/AIDS.

My class had the privilege of visiting the first Football for Hope Centre in Khayelitsha Township outside of Cape Town (see photo below). The centre uses football as a tool to attract youth ages 10-16 to the centre, and then invites them to join educational programs as well. While the centre does have about seven staff, it is mostly run by volunteers from the township.

In addition to various educational programs run by different nonprofit partners, the youth are also taught leadership skills, so they can address and solve problems in their communities. Volunteers are also able to gain much needed skills and after so many volunteer hours they can also gain access to training opportunities; for example, a 42-year-old woman got her driver’s license for the first time.

There are a number of 2010 World Cup sponsors, but Yingli Solar stands out for providing solar panels to each of the 20 centers around Africa (including the five in South Africa) as this method of support helps the centers and the environment long-term, while also aligning with Yingli Solar’s business strategy.

Although the center only opened in January of this year, the staff and volunteers have already witnessed the youth developing new skills and learning how to protect themselves, their families, and their country from HIV/AIDS. Football for Hope and its grassroots efforts for social change is just one of the legacies the 2010 World Cup will leave South Africa and Africa.

First Football for Hope Centre in Khayelitsha Township outside of Cape Town


Kristina Brzezinski Global MBA, 2011

"Hello from the Rainbow Nation!" by Kristina Brzezinski

I’m currently in South Africa for a study abroad class, and my group project is on the World Cup’s impact on the environment, economy and society in South Africa. Before I write about that, though, I first must say that South Africa is truly the Rainbow Nation in every way from the diversity of its people and languages to the diversity of its beautiful climates.

The first World Cup to be hosted on African soil is so important to South Africa and Africa, not just for the direct economic and social benefits of the World Cup, but because it puts South Africa and Africa on the world stage in a positive light when so much Western media coverage of Africa is consistently negative. Such coverage can scare off tourists, investors, and companies holding back Africa’s development and denying the rest of the world everything Africa has to offer.

Yes, South Africa may be more developed than many African countries, but its richness isn’t in the new airports, public transit, or stadiums, but in its warm and welcoming people; its extreme sports and myriad other tourist attractions, its history, from which, my country could probably learn a few things about healing after racist oppression; and the present and future economic opportunities.

In regards to safety and security, it’s no different than being in any large Western city; there are areas that are safe and areas that aren’t. When in a big crowd, keep an eye on your purse or wallet, and don’t wander alone into unfamiliar areas at night.

While I hope that the media coverage becomes more responsible and accurate, South Africa hopes all its World Cup guests become unofficial ambassadors to the rest of the world. They can count me as one.

Kristina Brzezinski Global MBA, 2011