An informal but informative newsletter for WSB alumni and friends
Awards season comes early for WSB duo
Two WSB students got a red carpet moment when their short film took top prize at the Study Abroad Film Festival in Chicago in November. David Smith (BBA ’20) and Chase Devens (BBA ’20) documented their semester in Paris. Spoiler alert: It didn’t always go smoothly.
Changing world, changing industry
Weather events, climate change, volatile economy, digital disruption…there’s no sure thing in the insurance industry anymore. Risk and Insurance Professor Joan Schmit shares insights with World Finance that include how demographic changes are becoming more useful than historical data, and how retiring baby boomers present insurance opportunities.
WSB boosts students’ career readiness
WSB’s new Career Engagement Studio gives undergraduate students a jumpstart on their careers through a reimagined approach that blends face-to-face connections and new technologies. The Studio opened this fall as a hub for career education, professional development, and networking. It provides ways for employers, alumni, and industry partners to formally and informally help students.
Back to School
What is the Internet of Things?
UW-Madison has a research center devoted to the Internet of Things, a collaboration between industry and academics. Greg DeCroix, professor of operations and information management, is part of the center’s affiliated faculty and explains:
We’re used to having our computers and smartphones connected to the internet. The Internet of Things (also referenced as IoT) extends such connections to other devices, embedding sensors and the ability to communicate in a diverse range of objects such as manufacturing equipment, shipping containers, vehicles, or paper towel dispensers. These objects can then collect, share, and sometimes act on data the sensors pick up.
For example, by capturing data on temperature, vibrations, and other variables, equipment can signal when maintenance is needed. By capturing data on usage patterns, commercial bathroom fixtures can signal when paper products need refilling. These newly connected devices raise major security concerns, though, and as the Internet of Things expands, security will be a central focus.
The year is young and maybe, just maybe, you’ve been able to keep your resolution so far. To keep going, Alex Stajkovic, associate professor of management and human resources and a goal-setting researcher, offers these tips:
- Goals must be specific. “I want to lose 5 pounds” vs. “I want to be a better person.”
- Goals must be challenging, yet achievable. Find that sweet spot between easy and impossible.
- Monitor goals daily. Have a specific execution plan.
- Measure time in small units. By keeping a goal in sight, we feel more connected to it.
- Don’t hope, plan. Set sub-goals and track progress.
- Jan. 31: Deadline to sign up for 2020 Alumni Voice Panel, open to all alumni
- Feb. 19: Alumni Webinar: “Managing Multigenerational Teams”
- Feb. 24: UW Now: Scottsdale, featuring WSB Associate Professor Bob Batt
- Feb. 26: UW Now: Coachella Valley, featuring Dean Vallabh “Samba” Sambamurthy
- March 5: Walker & Dunlop Innovator Award presentation, Madison, real estate alumni event
- March 10: UW Now: Naples, featuring WSB Associate Professor Bob Batt
- March 17: Badger Networking in the Bay Area, at LinkedIn Global Headquarters in Mountain View, California
About Business Casual
Every other month, alumni and friends of the Wisconsin School of Business will receive insider updates with news about our alumni, faculty, students, and programs. If you want to share Business Casual with friends, they can join our mailing list.
Questions or comments? Email firstname.lastname@example.org