Minutes
Executive Committee Meeting
Business Policy & Strategy Division
August 3, 2003
Seattle, WA

Present: Nick Argyres, Bill Bogner, Tom Brush, Bert Cannella, Jim Combs, Irene Duhaime, Tim Folta, Jim Fredrickson, Javier Gimeno, Ranjay Gulati, Amy Hillman, Dave Ketchen, Marjorie Lyles, Tammy Madsen, Joe Mahoney, Rich Makadok, Anita McGahan, Margie Peteraf, Steve Phelan, Richard Priem, Anju Seth, Mary Tripsas, Jim Westphal, and Maurizio Zollo. (All 03-04 EC members were present.)

The meeting began at 3:35 pm.

1. General
• Opening Remarks. Ranjay Gulati welcomed the executive committee members to the meeting and briefly described the agenda. 
• Approval of Minutes from the Winter Executive Committee Meeting. Ranjay Gulati noted that Dave Ketchen had distributed the minutes from the Winter Meeting electronically. The minutes were approved without objection.
• Introductions. Because there were many new faces, Ranjay Gulati asked everyone to introduce her or himself. Javier Gimeno thanked the outgoing EC members and welcomed new EC members. 
2. Business Items
• Treasurers Report. Bill Bogner reported that membership had increased to 3,902. A detailed budget was distributed and will appear in the fall newsletter. Bill stated that there is a need to develop policies for spending annual endowment earnings in order to avoid having the money revert to the Academy. A short discussion about the status of the endowments followed.
• Discussion and approval of consortia leadership composition for 2004. Ranjay Gulati explained that the EC had decided during the 2002 Winter Meeting that the EC needed to take a more active role in governing consortia in order to increase the heterogeneity of participants. Anita McGahan read the consortia guidelines and Margie Peteraf affirmed that the guidelines had been previously ratified by the EC. At the request of Bert Cannella, Jim Combs agreed to obtain the guidelines for distribution to the EC and to maintain a rolling list of past consortia participants. The discussion then turned to potential 2004 consortia participants.
• Marjorie Lyles, Chair of the 2004 Doctoral Consortium submitted a list of potential faculty participants. The list was approved by voice vote. 
• Joe Mahoney suggested Amy Hillman, Elaine Mosakowski, and Russ Coff as possible co-chairs for the 2004 New Faculty Consortium. A list of potential participants was generated and approved. It included: Africa Ariño, Laurence Capron, Jim Fredrickson, Sumantra Ghoshal, Dave Ketchen, Bruce Kogut, Costas Markides, Vincenzo Perrone, Margie Peteraf, Torben Petersen, Jerry Sanders, Myles Shaver, Kevin Steensma, Nandini Rajagopalan, Paul Rechner, Jan Rivkin, Peter Roberts, Gabriel Szulanski, and Maurizio Zollo.
• The 2004 Mid-Career Consortium will be chaired by Jack Nickerson and co-chaired by Laurence Capron. Three people were nominated as a second co-chair for 2004 and ranked in the order in which they will be asked to serve: (1) Don Hambrick, (2) Connie Helfat, and (3) Allan Afuah.
• 2003 Consortia Reports
• Marjorie Lyles declared the 2003 BPS Doctoral Consortium a success. Co-chaired by Brian Silverman, it was comprised of very high quality presentations by a diverse group of nine faculty presenters. Fifty-three students participated. However, the Consortium was not on budget.
• Joe Mahoney reported that 31 participants attended the New Faculty Consortium. Co-chaired by Ken Smith, it was also comprised of high quality presentations on topics relevant to new faculty (e.g., research, journals, tenure process).
• Joe Mahoney reported that the Mid-Career Consortium had been moved to Monday evening to accommodate people at that career stage. It was co-chaired by Dawn Harris, Laurence Capron, and Jack Nickerson.
3. New Business. Margie Peteraf proposed a new BPS Committee to enhance opportunities for BPS members to interact socially. Ranjay Gulati appealed for a task force to investigate activities and services for BPS members outside of the annual Academy Meeting. After some discussion that focused primarily on the availability of funds, it was decided that Tim Folta, Bill Bogner, and Steve Phelan would comprise a task force charged with examining potential activities and services for BPS members outside of the annual Academy Meeting, as well as potential social events both during and outside the Academy Meeting.

The meeting was adjourned at 4:56 pm.

Respectfully Submitted,

Jim Combs

[Home] [Governance] [Documents] [Off. & Comm.] [Newsletter] [BPS Forums] [BPSNet] [Archive] [Meetings] [Research] [Teaching] [Practice]