Category Archives: Uncategorized

My Transition to Come: Dean to Professor

Yesterday, UVA President Terry Sullivan announced my intention to transition back to Darden’s faculty at the end of my second term as Dean, July 31, 2015. I call on the Darden Community to support the Dean search process with advice, … Continue reading


Learning by Doing and Persevering

“Education is a choice. We don’t become educated by watching television, and we don’t learn a whole lot having similar conversations with the same, safe people day after day. Our education comes from pushing up against boundaries, from taking risks … Continue reading


Higher Education as a Winners-Take-All Market: Effectual Thinking versus the Treadmill

In my last blog post, I profiled the attributes of “winners-take-all” markets. And I implied that such markets might be closer than you think. Well, they are for me.
Higher education is a winners-take-all market. Despite the cool indifference to competition … Continue reading

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When Winners Take All

“The Olympics is really my favorite sporting event. Although I think I have a problem with that silver medal. Because when you think about it, you win the gold – you feel good; you win the bronze – you think, … Continue reading


Living into the challenge: A Reflection on the Life of Dr. Martin Luther King, Jr.

A great deal has been written about how leaders transform those around them. Rather less is said about how transformations change leaders too. The life of Dr. Martin Luther King, Jr. gives an important insight into the latter: one must … Continue reading

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Integrity and Trust in 2014

The story is told that Theodore Roosevelt was searching for lost cattle one day when he came upon some of his ranch hands about to brand some unbranded strays. Roosevelt pointed out that they weren’t on his own ranchland; they … Continue reading

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2013 Book Recommendations

“I cannot live without books.” (Thomas Jefferson to John Adams, June 10, 1815)
This is my annual moment to channel UVA’s founder, Thomas Jefferson: Read more books! Effective leaders are sponges for new ideas and self-instruction. Therefore, anyone who aspires to … Continue reading


2013: A Turning Point for Investors?

On November 14-15 (this Thursday and Friday) Darden will host the sixth annual University of Virginia Investing Conference (UVIC). As we get ready to welcome the world-class speakers and participants, we look forward to insights on a range of questions … Continue reading

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Why study business and economic history?

“Mr. Ford replied that he did not believe in history, that history was of the past and had no bearing upon the present and that, there being nothing to be learned from it, history need not be studied nor considered. … Continue reading

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A Halloween Reflection on Spooks, Uncertainty, and Exams

Gregory (Scotland Yard detective): “Is there any other point to which you would wish to draw my attention?”
Holmes: “To the curious incident of the dog in the night-time.”
Gregory: “The dog did nothing in the night-time.”
Holmes: “That was … Continue reading

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