Faculty Position: David W. Hauck Professor; Professor of Legal Studies and Business Ethics; Director, Wharton Sports Business Initiative
Education: PhD, University of Chicago, 1984; AB, Duke University, 1978
Faculty Position: David W. Hauck Professor; Professor of Legal Studies and Business Ethics; Director, Wharton Sports Business Initiative
Education: PhD, University of Chicago, 1984; AB, Duke University, 1978
"The real business skill is: how do you work with other people, and how do you make teams as successful as possible."
On sports business at Wharton:
"We're treating sports like the serious multi-billion dollar business that it is. There are multi-million dollar mergers and acquisitions, and management problems just like any other business. We want people to think of Wharton as the place to go for answers to problems in sports business-the same way you look at Wharton for issues in financial institutions or real estate or anything else."
On working in sports business after graduation:
"You need to know the business before the sport. There are a bunch of people who understand the sport, but there isn't the same number who understand how to apply the business tools. There are employers who surreptitiously wait and see if you are going to sell yourself as having a great knowledge of the sport rather than a great knowledge of marketing or finance or management. You have to have it in the right order."
On team-based learning:
"There are a lot of smart people who can go and perform financial calculations, but the real business skill is: how do you work with other people, and how do you make teams as successful as possible. The corporate entities that most of our graduates go to are just big teams, so how do you lead that team? That's really the new dynamic here. The idea of teamwork continues in the alumni network and the relationships people form here that they carry on after they leave. You can see relationships develop in a way that they did not before teamwork received such a big emphasis here."
On teaching innovation:
"I'm always trying to figure out new real-world exercises with interactive pieces, especially in my class on Negotiations and Disputes-like using video clips to track the learning that's taking place. In Sports Business Management, we have speakers all the time. Beginning this fall, we're going to be doing a sports consulting practicum, where we put together teams of students with professors to go out and try to solve problems for sports entities."
On Wharton:
"You have the chance to do it all here-both general management and specific analytical skills. At some of the other institutions, there's not that broad opportunity available. Or if there is, you have to piece it together yourself, rather than having it readily available. In many ways, that's Wharton's goal-to produce the grads who can do it all. Be focused. Be prepared for full immersion, and make this one of the top factors in your life for the two-year period that you're here."