Wharton Alumni Magazine
Summer 2003
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Learning Never Stops

Reunion 2003

Who Knows Best When It Comes to Protecting Shareholders?

Departments

Wharton Now

Knowledge@Wharton

Alumni Association Update

Leadership Spotlight

Continued from previous page

Technology offers platforms for collaboration. Michalski points to the wikipedia (www.wikipedia.org/) as an example. It is an interactive encyclopedia project in which anyone can add entries. Online interactions through multipart y weblogs are another source of learning. "My community of friends online is my most important source of new ideas," Michalski said. "If you haven't found a multiparty weblog in your area of interest, you should build one. Weblogs are some of the best sources of random interesting things, like the stories you see in the newspaper that are next to the story you are interested in."

Among his semi-formal learning activities is "Jerry's Retreat," an annual invitation-only, agenda-free event that he has held since 1996. He invites about 400 people to the gathering based on two criteria: that he experienced some kind of "aha" moment with them and that they have "good intent." One of the standing features of the activity is for participants to bring a book to share that has changed their thinking. The event grew out of a realization that a lot of learning goes on in the white spaces of formal conferences. "We'd spend a year producing a conference and realized afterward that the coffee breaks were the best part," Michalski said. "So we designed a conference that would be like the coffee breaks."

What has Michalski learned since graduation? If you are really interested in the answer to the question, you can look inside his "brain" yourself. He has organized his knowledge of the past five years through a visual software program called "The Brain," which he published online for all to see (follow the links at www.sociate.com). He notes that this visual format is not for everyone, but having some way to gather knowledge, forge connections among different ideas, and access it quickly is important to continuing the learning experience.

Learning About Learning

The options for lifelong learning continue to expand as Wharton itself keeps learning about learning. Wharton's undergraduate and MBA degrees have been shaped and reshaped, and new opportunities for post-degree learning continue to be developed. "There is no single solution to lifelong education," said Wind. "Wharton has engaged in developing a portfolio of options, and we continue to develop new options. We are creating a decision support system that will help participants to address issues 'just in time' instead of 'just in case.' As Benjamin Franklin says, we combine the theoretical with the practical. We are also looking at more ways of linking these different programs together to meet the needs of managers throughout their careers."


How do you keep up with new knowledge?


Knowledge Through Networking

Robert M. Hannon "I think you gain knowledge through networking. I learn from a couple of professional organizations, including a treasurers club and an private equity CFO organization. The CFO organization has its own website so if someone has a question, they can send it out to members. After a couple weeks, it comes back with all the responses. When I was at Wharton 25 years ago, people didn't have PCs. I was one of the lucky ones to have a financial calculator. In these times, learning is more important than ever."

Robert M. Hannon, WG'78
Vice President, Finance and Administration, Ticonderoga Capital
Wellesley, MA


Keeping Ahead

Claudio Engel "From '83 when I graduated until '95 or '96, there were no major changes in the way business was taught. After the Internet and the bubble, the world changed, so I decided to join the first Wharton Fellows class because I realized I had to understand what was going on and keep ahead. In 1994, I also was invited to join the Wharton Latin American Board, which has kept me involved with what is happening at Wharton and the University. Nowadays, the biggest challenge is time to digest all the information available and use it in one's favor. You need to plan ahead and beat competition. When I add it all up in my mind, I need a piece of paper to remember and act fast. I even keep a pen and paper beside my bed."

Claudio Engel, WG'83, Fellows '00
Managing Director, F.H. Engel, SA
Santiago, Chile

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