Tag: Executive Education

We recognize several familiar faces in St. Louis Magazine’s June issue!  Symbolically pictured in front of Knight Hall’s Frick Forum, the site of many graduation receptions and gatherings, Executive MBA (EMBA) alumni from diverse industries and different classes reunited for a special photo op during Olin’s Centennial year.

This photo is part of special advertising section on page 91 of the June 2017 edition of St. Louis Magazine.  Alumni of Olin’s EMBA program take part in this month’s issue that features the “Faces of St. Louis – 2017.”

Among these faces are, in the front row, from left: Drew Caylor, Louis York Capital; Gene Dobbs Bradford, Jazz St. Louis; Dr. Vamsi Narra,Washington University; Dr. Doug Pernikoff, Clarkson-Wilson Veterinary Clinic; Sara Wade, Express Scripts; and Dr. Mary Jo Gorman, Prosper Women Entrepreneurs.

The back row features, from left: Eric Willis, Nestlé Purina; Bill Hibner, Aegis Strategies; Rachel Andreasson, Wallis Companies; Dr. Ken Yamaguchi, Centene and Washington University; and Emily Pitts, Edward Jones.

These alumni represent a medley of classes, including, most recently, EMBA Class 46, that graduated in December 2016.  They also collectively hold a breadth of industry involvement, ranging from Doctors, entrepreneurs, and healthcare, financial and non-profit professionals.

While the photo presents the array of experienced professionals who have studied in the program, it also conveys the importance that different perspectives and career experiences bring to the teamwork that exists in and outside of the curriculum.

Fittingly so, many of the key phrases that sum up the 20-month journey of alumni through the program boil down to “transformational,” “life-changing,” and “collaborative.”  As students begin the rigorous curriculum of the program, they learn the basic strategy and financial aspects of business from a leadership perspective.  In turn, as the program centers on peer collaboration, relationships are formed as students with diverse industry backgrounds and experiences apply their real-world knowledge to foster innovative and disruptive ideas.

By the end of the program, the goal is for each student, and alumnus, to hold an integrated view of the enterprise and a model for leadership ready to apply anywhere.

Fun fact: did you know that there are currently more than 2,000 alumni of Olin Business School’s Executive MBA program? Learn more about how alumni apply Olin’s Executive MBA program in their endeavors.


One of the most-explored and desired processes of today’s global business marketplace is innovation.  In this highly digitized age, where entrepreneurship and start-up ideas are encouraged and often fostered, traditional organizational hierarchies can be brushed to the side.  The power of a game-changing idea has the ability to transcend this traditional structure, leaving room for equal places of contribution to the table.

The most recent broadcast of the Executive MBA program’s “Live from Olin Business School” webinar series challenged the common notion that a leader should not be involved in the innovation process.  Stuart Bunderson, Associate Dean & Director of Executive Programs, the George & Carol Bauer Professor of Organizational Ethics & Governance and Co-Director of the Bauer Leadership Center, presented the webinar.  In “Leading Innovation without Getting in the Way,” Bunderson broke down just why innovation does not work effectively without the involvement of a strong leader.

By citing the famous example of the 1999 IDEO shopping cart video, in which an IDEO team redesigned the standard shopping cart in just five days, Bunderson showed how innovation is a process buffeted by the contribution of members from each level of a hierarchical system. IDEO, a Palo-Alto, California based invention company, had not formally defined hierarchy of its shopping cart team. Team members were encouraged to contribute ideas equally in the short five-day due date.

Buoyed by this timeline, key members of the team did help drive the process forward, each with a specific role to play. Narrowing down the best idea meant that contributions from the group facilitator, company founder and more experienced members led the team to a revolutionary approach to the shopping cart.

Bunderson emphasized that a social hierarchy helps innovation. Hierarchy is a natural occurrence because of differences in expertise, education, and other characteristics within groups of people. It contributes to the function of groups, most particularly where there is a problem that needs to be solved in a specific amount of time, such as the IDEO shopping cart proposal. These types of “problem parameters” encourage creativity, because time and resource restraints often can produce the most skilled outputs from group members.

Because of this organizational behavior, leadership develops. Leaders become moderators of sorts, making sure that voices are heard and the ideas of team members are not drowned out. This is not for the leader’s professional benefit, but for the guidance of the team and its product output. If there are disagreements, a group can be sidetracked from its goal and its organizational structure. A leader, produced from a social hierarchical system, will settle these disagreements and achieve coordination. In other words, keeping the eyes on the prize – a group or organization requires leadership to encourage direction over conflict, move things forward and foster innovation.

The ancient quote from Lao Tzu, from the Tao Te Ching, best sums up what Bunderson conveyed in his research findings:

“A leader is best when people barely know he [or she] exists, when his [or her] work is done, his [or her] aim fulfilled, they will say: we did it ourselves.”

Please visit www.olin.wustl.edu/EMBAevents to register for the next “Live from Olin Business School” event and to learn more about the Executive MBA program.

Alumni in the news

David A. Peacock, former President of Anheuser-Busch and active community leader, has been named President and Chief Operating Officer (COO) for Schnuck Markets, Inc., Schnucks Chairman and CEO Todd Schnuck announced today [May 4, 2017].

“Dave’s entrepreneurial spirit, vision and drive, along with his extensive business background will help us set a strong course for the future,” Schnuck said. “His counsel and leadership on our company’s Advisory Board have been instrumental in positioning Schnucks for growth. Further, his commitment to St. Louis and the region is aligned with Schnucks’ commitment to superior customer experience and community support. Dave also has strong values and a leadership style that will fit well within the Schnucks’ culture.”

Schnucks benefits from a highly experienced management team with an exceptional track record of managing the business. Peacock joins a management team with an average industry experience of over 20 years and that is well respected in the industry.

Among his duties, Peacock will manage Procurement/Merchandising, Operations, Marketing/Communications and Supply Chain for a company whose 100 stores and 14,000 teammates span five states.

“This is a tremendous company and opportunity. Our teammates are focused on serving customers, delivering quality products and making Schnucks the best grocery shopping experience in the region,” Peacock said. “I am excited to work with Todd and his management team more directly on continuous improvement and innovation that will assure industry leadership, customer service and community support for the long term.”

Peacock managed U.S. operations for Anheuser-Busch, a wholly owned subsidiary of Anheuser-Busch InBev, from 2008 through early 2012, and was responsible for the commercial success of Anheuser-Busch during its integration with InBev in the United States. In 2008, Peacock led the negotiating team for Anheuser-Busch during the merger with InBev – the largest all-cash transaction in history at the time.

Peacock joined Anheuser-Busch in 1992 and served many roles in management, finance and marketing. At various times, he led the financial planning, mergers and acquisitions, information technology, procurement and route-to-market development as well as several groups within marketing. In 2007, he was named Vice President of Marketing for Anheuser-Busch and in that role led the revitalization of the company’s marketing approach.

Peacock is dedicated to the St. Louis community and region and he serves on the board of directors of several charitable and civic organizations. Peacock is chairman of the St. Louis Sports Commission and is a member of the Pro Football Hall of Fame Board of Trustees. He is a member of St. Louis’ CityArchRiver Board where he co-chaired the initial campaign helping raise $180 million for the new Arch grounds revitalization. Peacock formerly served as chairman of the Beer Institute, the U.S. beer industry’s policy organization in Washington DC and was also previously chairman of the St. Louis chapter of the American Red Cross.

Peacock’s Vitaligent, LLC owns 78 Jamba Juice stores in Northern California and Missouri.  Vitaligent has reported $61 million in sales and is Jamba Juice’s largest franchisee. He is also an investor in Crushed Red, an elevated fast-casual restaurant with locations in St. Louis, Denver, Columbia and Kansas City. Peacock served as a member of Schnucks’ Advisory Board beginning in July 2013 and will give up that role in his new position. A native of St. Louis, Peacock holds a bachelor’s degree in journalism from the University of Kansas. He also holds a master’s degree in business administration from Washington University in St. Louis, from which he received the Distinguished Alumni Award in 2009. He lives in St. Louis with his wife and three children.

About Schnucks

Founded in St. Louis in 1939, Schnuck Markets, Inc. is a third-generation, family-owned grocery/pharmacy retailer committed to nourishing people’s lives. The company takes pride in its community partnerships and gives more than $13 million annually in food to food pantries and more than $1.7 million to not-for-profit organizations through the company’s My Schnucks Card program. Schnucks currently operates 100 stores in Missouri, Illinois, Indiana, Wisconsin and Iowa. Privately held, Schnucks employs 14,000 teammates and is headquartered in St. Louis, Missouri. Follow Schnucks on Facebook at www.facebook.com/schnucks.

Source: Schnuck Markets, Inc. Press Release

CATEGORY: Career, News

Paulino do Rego Barros, Jr., President of US Information Solutions (USIS) at Equifax, is the keynote speaker at Olin’s Executive MBA Class 47 Graduation – the first ceremony of the spring graduation season – that takes place May 5, 10:30 a.m. in Emerson Auditorium, Knight Hall.

Paulino Do Rego Barros Jr. ©Photo by Jerry Naunheim Jr.

Before joining Equifax in April 2010, Barros was the founder and president of PB&C- Global Investments (LLC), an international consulting and investment firm.

When Barros joined Equifax, he led the company’s international unit with responsibility for Latin America, Europe, Asia and Canada, and also led expansion efforts into other countries.

Barros’ career has included executive positions with a number of global corporations including: AT&T where he was president of Global Operations; several top positions at the BellSouth Corporation before it was acquired by AT&T in 2006, including chief product officer, president of BellSouth Latin America, regional vice president of Latin America, as well as chief planning and operations officer.

Barros also served at Motorola, Inc., as corporate vice president and general manager – Latin America Group and was also corporate vice president and general manager of Market Operations – Americas. He also held a variety of positions with The NutraSweet Company as well as with Monsanto Company in the U.S and Latin America.

Patti Williams

Patricia Williams, has been selected by her classmates as student speaker. She is Vice President and General Counsel – Strategy, Litigation and Business Development
for Peabody Energy.

The Executive MBA is a rigorous 20-month degree program designed for working executives. When Class 47 entered the program, these stats provided a snapshot of the students:

  • Average age: 39
  • Average work experience: 15 years
  • Average management experience: 9 years
  • % female: 40% (roughly double the EMBA industry average)
  • % born outside the U.S.: 18%
  • % military veterans: 21%

Olin’s Executive MBA program is also offered in Shanghai in conjunction with Fudan University; in Mumbai with partner school IIT-Bombay; and satellite campuses in Kansas City and Denver.

CATEGORY: News, Student Life

Understanding the inner workings of the federal government and how it impacts business through a residency with Brookings Executive Education (BEE) is one of the unique components of the Executive MBA program at Olin. And beginning in March 2018, Olin full-time MBA students will also have the opportunity to take advantage of the Washington D.C. residency that provides an insider’s view of bureaucracy, policy, and process.

Lamar Pierce at Brookings“Our goal with the residency is to cut through the political polarization that dominates the story coming out of Washington,” explains Lamar Pierce, Associate Professor of Organization and Strategy and at Olin and BEE faculty member. “We want our students to understand that most of the people in our capital are committed to helping create a better world, and although they may disagree about how to achieve that, they’re trying to solve the same problems.”

Earlier this month, 36 Executive MBA students (pictured above), traveled to Washington, D.C. to engage with policymakers, senior-ranking officials, and other key decision-makers in the nation’s capital. The BEE four-day immersion program introduces students to practitioners from government, industry, and NGO’s in an experiential format, and allows dialogue with experts that have worked at the highest levels of the White House, Congress, and other policy making institutions. EMBA Class 49 even had one such conversation on the Floor of the House of Representatives, just one week after the President’s address to a Joint Session of Congress.

Brookings_ExecEd_482The program broadens students’ perspectives and offers unique insight into how non-market strategy shapes and frames the institutional landscapes in which firms operate. Through active participation and dialogue, the program reminds leaders in both the private and public sector that the best solutions to complex problems result from healthy collaboration between business, government, and broader society.

BEE is a partnership between two world-renowned organizations: the Brookings Institution and Olin Business School at Washington University in St. Louis. Instrumental to both, St. Louis businessman Robert S. Brookings (1850–1932) founded the D.C.-based think tank and led Washington University’s governing board for 33 years.

Visit the Brookings Executive Education website for more information.

Guest Blogger: Evie Kallenbach, Brookings Executive Education