Author: Olivia Hanford

Olin’s Leadership Perspectives speaker series culminated in lessons on leadership with Dean Mark P. Taylor and General John R. Allen, president of the Brookings Institution. Covering leadership skills in business, government, military and academia, Taylor and Allen advocated for globalization, collaboration and a strong values system. Army veteran Vic Fields, EMBA ’22, moderated the discussion.

Here are five takeaways from the event:

Leaders must have a global outlook

The best leaders look beyond their environment and into the world.

“It’s virtually impossible for someone to aspire to leadership without having a sense of global fluency. The more you understand about societies, economies and histories, the more you are able to lead and be a factor for good in the global community,” said Allen.

Taylor reflected on Olin’s commitment to global education, specifically the full-time MBA’s global immersion program. However, all Olin programs require a global component to stretch students outside of their comfort zone and provide them with a foundational understanding.

Effective leadership is a continuous learning experience

Although both have many years of effective leadership under their belts, Taylor and Allen agreed they are continuously learning how to be influential leaders. Finding a personal leadership style is shaped by career and life experience, so it should change over time.

Strong leaders fall back on their values

At Olin, we pride ourselves on values-based, data-driven decision-making. Taylor and Allen echoed the same sentiment. While data can change, a values system should never waver.

“In a world where there are so many conflicting messages and sources at work, we are desperately in need of young leaders who are willing to accept responsibility and willing to lead,” says Allen. Being decisive and values-based is essential to succeed as a leader.

Good leaders face risks head on

As leaders of their respective communities, both Allen and Taylor are forced to make decisions that require risk. In decision-making, it is crucial to weigh the risk by analyzing the data.

“Good leaders aim to succeed. Bad leaders aim not to fail,” says Taylor regarding risk-taking in his position.

People first

Thinking about risks and COVID-19, Taylor emphasized how students were top of mind. Understanding the risk of the COVID-19 virus, Taylor asked himself a series of questions: “How do we make sure that our students get a first-class education and still graduate? How do we handle the loss of internships? How do we get students back into the classroom safely?”

To learn more about leadership and values-based, data-driven decision-making, watch the full event here.

At the 2021 edition of WashU Olin’s popular “She Suite” event, panelists celebrated the achievements of St. Louis women in business and provided insight on how to advocate for equality in the workplace environment.

At the event, held virtually on March 8, International Women’s Day, moderator Staci Thomas, professor of practice in communications, introduced a panel that included Anne Anderson, MBA ’02, Khalia Collier, Erin Harkless Moore, BSBA ’05, and Marcela Hawn, MA ’11.

The women shared testimonies of success and failure, lessons learned in the workforce and advice to aspiring professionals. 

While their expertise spanned industries, all panelists spoke about the hesitation and pressure they felt during the application process. According to a LinkedIn Business study, women feel they need to meet 100% of the job qualifications before applying to a job. Meanwhile, men will usually apply if they meet 60% of the qualifications.

“Women fall victim to perfection and minimization when thinking about advancement,” said Harkless Moore, investment director at Pivotal Ventures. “Do not be shy about advocating your experience and how it applies to your work.”

“Women do not ask enough during negotiations,” said Collier, vice president of community relations at St. Louis CITY SC and owner of the St. Louis SURGE women’s professional basketball team. She stressed the importance of aiming for the extraordinary. “Tell your whole story. Be bold. Be confident.” 

Even on the hiring side, Hawn, senior vice president and chief communications officer at Centene, said she roots for the female applicants who do not shy away from negotiations in the interview process. 

While there certainly has been a huge push towards gender equality in the workplace, the panel agreed that there is still a long way to go. However, these women already use their influence for good. 

“It is up to each woman individually to use the chair that she’s sitting in to help progress gender equality further,” concluded Anderson, vice president of the Chemicals America division at Shell Chemical. 

Konstantina Kiousis, senior lecturer in business management, was named one of Poets & Quants for Undergrads Favorite Professors of Business Majors.

Kiousis was nominated by Andrew Bower, her former student and teaching assistant, for “her passion for business strategy and care for her students.” Bower testified to her dedication to keeping lectures current in order to promote critical thinking among her students.

According to Bowen, her attitude with TAs promotes a “familial culture,” which leads to mentorship opportunities between juniors and seniors.

“While it may sound cliché, Dr. K truly changes lives each semester,” said Bowen.

The 11 professors were nominated by Poet & Quant’s list of the Best and Brightest Undergrad Business Majors of 2019. The educators were praised for ability to leave lessons that resonate for a lifetime, both inside and outside the classroom. These professors have the “it” factor: “comfortable in their own skin and able to seamlessly adapt to whatever their students need.”

Kelli Washington, BSBA ’94, received multiple accolades for her work as managing director of research and investment strategy at Cleveland Clinic.

In June, Washington was named one of Institutional Investor’s Most Wanted Allocators. The list features executives who are “most coveted for chief investment officer roles.” The ranking is determined by both the candidate’s portfolio and the candidate’s non-portfolio management skills, judged by executive recruiters in the industry.

Out of 25, Washington was ranked 14th and was recognized as “very polished” with “a great deal of credibility.” Recruiters encourage readers to “keep an eye on her.”

Rightly so, as Washington was named to another list about a week later.

Washington was one of 30 named to Chief Investment Officer’s Class of 2019 NextGens for her ability to “effectively harness and analyze a vast amount of data.” NextGens are nominated anonymously by the investment community for their leadership skills.

In her role, Washington works to manage institutional assets at Cleveland Clinic, one of the largest and most respected hospitals in the country.

Although her work is based in Cleveland, Washington constantly thinks global. In an interview with Chief Investment Officer, she spoke about the opportunities and challenges when investing in other markets like China, India and Saudi Arabia. “To be able to think about how we can help companies in…other markets to grow and expand while earning a return that will serve our mission is very exciting,” she said.

Washington’s interest for endowment and foundation management started at Olin where she served as a student representative to the board of trustees on the finance committee. Through that experience, she “came to understand the role and importance of having a pool of assets to support operations, research, and scholarship.”

Olin students traveled to Madrid and Sarajevo to study entrepreneurship and serve as startup consultants in a new undergraduate summer program.

ACCENT’s July Newsletter features the 16 Olin students who studied the impact of startup businesses in cities undergoing economic transition.

While in Madrid, students examined the role of start-ups in the economy after Europe’s “Great Recession.” In Sarajevo, students analyzed the opportunities found in an emerging economy after war.

The program culminated in a group consulting project where student consultants shared opportunities for growth on a particular aspect of the startup company.

During the program, classwork was combined with rich opportunities to understand the historical, cultural, and economic environment of the European cities. Students visited museums and local companies, toured the cities, and participated in workshops from international lawyers and activists. 

Madrid and Sarajevo are considered ideal cities for start-ups with unique historical and economic environments, dedicated investors, and skilled young professionals.