McCombs Weekly
The University of Texas at Austin
December 7, 2007   
McCombs School of Business
  Dallas Griffin, Mack Brown, McCombs School of BusinessGriffin, Longhorn and MBA Student, Wins “Academic Heisman
Dallas Griffin, full-time Texas MBA student and Longhorn center, was presented the 2007 Draddy Trophy at the annual National Football Foundation and College Hall of Fame banquet Dec. 4 in New York City. Griffin (pictured with coach Mack Brown) is the first Longhorn to win the award, which recognizes an individual as the best in the country for combined academic success, football performance and exemplary community leadership. “I’ve studied up on some of the past winners and not only did they excel in the classroom, but they were amazing players,” said Griffin, who graduated with a 3.88 GPA in business honors and finance in 2007 before becoming an MBA student. “It is just a great combination of on-field and off-field success and community service. To be recognized as this year’s Draddy Trophy winner is a great honor, and Im so happy to be representing Texas when it comes to such a prestigious award.”
Get the full story.
Read the Austin American-Statesman editorial (third story).

In the News: What’s Fair in Work and War
U.S. News & World Report, Dec. 10, 2007

Caroline Bartel, McCombs School of BusinessIt seems reasonable: People prefer working for companies that treat them fairly, right? Wrong, according to a study co-authored by Caroline Bartel (left), assistant professor of management, and William B. Swann, a professor of psychology and business. In “Is More Fairness Always Preferred? Self-Esteem Moderates Reactions to Procedural Justice,” appearing in the current Academy of Management Journal, the Bartel and Swann and their colleagues studied workers at large companies in the midst of downsizing or restructuring. While employees with high self-esteem were more committed to the company when they felt, for example, that work was fairly distributed in their unit, employees with low self-esteem were largely indifferent to organizational injustice. Being fair with workers doesn't seem to be enough to win employees’ hearts.

Two McCombs Ph.D. Students Earn Prestigious Fellowship
Ph.D. students Nicholas Crain of the Department of Finance and James Smith of the Department of Accounting have earned scholarships from the
Donald D. Harrington Fellows Program. The Harrington Fellows program is one of the most well-endowed visiting scholar and graduate fellow programs in the nation, and the most prestigious fellowship program at The University of Texas at Austin.
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In the News: Austin-tatious: Change is Storming Texas’ Low-Key Capital of Cool
Fort Worth Star-Telegram, Dec. 2, 2007

Jim Nolen, McCombs School of BusinessAustin is in the middle of a transformation that some claim could destroy its freewheeling soul. Others maintain that the new elementfueled by rising property values and an influx of national and international visitors keen on certain amenitieswill just add to what the city has to offer. “Fifteen years ago, I would have said that Starbucks would not have been successful, that Austin isnt going to pay $5 for a cup of coffee. I would have told you that ice hockey would never play in Austin,” said Jim Nolen, senior finance lecturer at McCombs. “But it is successful, and that tells you how many people have migrated to Austin.”
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In the News:
Mahajan Discusses His “86% Solution

Marketing Matters Live! Nov. 28, 2007

Vijay MahajanMarketing Professor Vijay Mahajan appeared recently on a radio program sponsored by the American Marketing Association, where he discussed his book, “The 86% Solution: How To Succeed In the Biggest Market Opportunity of the 21st Century.” The book explains that the developing world now holds the greatest market potential for global companies and presents techniques and strategies necessary to win in this market, including creative ways to drive business using local infrastructure and local customs.
Listen to program.

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