Glenn Hubbard Econ 490 fall 2017

In a previous post, I have described some details about a student organization I am a part of, Illinois Sports Business Conference (ISBC). Today, I will delve further into the organization to examine the structure of an individual committee and how that structure affects the success of the committee. I think the structure and team environment will relate to some of Bolman and Deal's team configurations and I will also discuss characteristics of individuals within the team that affect success. The structure of the Operations committee of ISBC is fairly straightforward, and would fall under the description of the "One Boss" arrangement discussed by B&D. As the Vice President of Operations, I am at the head of this organizational structure, with 3 individuals underneath me in the hierarchy. I was elected and chosen for this position by the executive board, which helps elicit respect for authority from my subordinates. I think that being elected and placed in my positio...

5 o'clock. Interstate-294 west of Chicago near O'Hare International Airport. A car swerves violently into the right hand exit lane, causing the next car to slam on the brakes and peel into the shoulder. Car horns blare, certain fingers are raised violently, and the flow of traffic behind the swerving car comes to a screeching halt. Scenes like this are a daily occurrence on the interstates around Chicago and other major cities around the country. This is synonymous with rush hour traffic. When I was younger, I was always baffled by what caused the huge traffic backups, especially those during the peak hours of commute. I knew that accidents and construction projects were common culprits, but traffic still always confused me. "If people just pay attention and drive the speed limit, traffic should never be a problem," I naively thought to myself. Then came the summer of 2017 and my mind was opened to a whole new understanding of traffic. As a part of my internship o...

For the past 2 years, I have been involved with an organization on campus called Illinois Sports Business Conference (ISBC). The organization was founded by a group of students who saw an opportunity to fill a gap on campus between the sports industry and the business world. The initial conference took place in February of 2015 and the fourth Illinois Sports Business Conference will take place in February of 2018. The conference brings together students at the University of Illinois and prestigious speakers from the sports business industry. The organization has a completely different organizational structure than it did 3 years ago, and has even changed quite a bit since I have been a part of the organization. When I entered the organization, there was a President and an executive board of 7 different Vice Presidents. Each VP was in charge of his or her committee, which contained several general members working on tasks related to that committee. As a new member, I had no idea what ...

Glenn Hubbard  is undoubtedly one of the most notable scholars in the field of Economics of his time. Born in Florida in 1958, Hubbard attended the University of Central Florida, where he received two degrees in just three years. He followed his undergraduate study by earning a Ph.D. in Economics from Harvard University in 1983. Most of Hubbard's professional life has been dedicated to education and scholarly research in economics. His first stop upon graduating from Harvard was a teaching stint at Northwestern University. In 1988,  Hubbard joined the faculty at Columbia University. In addition to being a faculty member at Columbia, he has served as a visiting professor, advisor, and scholar at several other renowned universities and institutes. In 1994, Hubbard became the Russell L. Carson Professor of Economics, a prestigious title at Columbia University. Since 2004, Hubbard has been dean of Columbia Business School. Hubbard's research focuses on public sector economics...