Ted Waldron, associate professor in management, joined the Rawls College in June. He received a B.S. in Business Administration in Management and an MBA in Strategic Management from Villanova University. He earned his Ph.D. in Business Administration with a major in Strategic Management and minor in Organizational Behavior from the University of Georgia. Prior to starting his Ph.D, Waldron worked for Mercy Health System in Conshohocken, Pa. as an independent financial and operations consultant and also worked for Mercy Suburban Hospital in Norristown, Pa. as a financial and operations manager and analyst. Waldron chose to join the Rawls College because of the people, culture, teaching philosophy and research support.
What classes are you teaching this semester?
I am teaching Innovation and Change Practicum (MGT 4388), a class that requires students to work in a consulting role on a project for a participating company or organization. Working on a project allows students to develop meaningful professional skills as they help client firms make important decisions. Students help identify effective business models, craft strategic plans and recommend operational enhancements. The core objective of the class is to empower students to become more effective critical thinkers, problem solvers, leaders, communicators and colleagues.
How do you think your previous professional experience in hospital administration and management consulting has enriched your teaching?
My time in hospital administration and management consulting taught me the importance of working hard, thinking critically, solving problems independently, communicating clearly, helping others and exceeding expectations. I employ experiential models in my courses – such as the consulting project in the Innovation and Change Practicum – so students have an opportunity to learn and apply these concepts before they graduate.
What are your research interests?
My research examines entrepreneurial actors' efforts to create social and economic value—namely, activists' efforts to facilitate the adoption of sustainable industry practices and founders' efforts to ensure the survival and growth of their ventures. My work has been published in various management and entrepreneurship journals, including the Academy of Management Review, Academy of Management Perspectives, Journal of Business Venturing and Journal of Management Studies, among others.
Why is it important for students to study management?
Students learn the technical aspects of business (e.g., finance, accounting and marketing), as well as the social and political skills necessary to thrive in business. One thing I have learned along the way is that employers gravitate toward individuals who can confidently, clearly and compellingly articulate what they "bring to the table," regardless of their major. Notably, employers value individuals who can solve problems independently, think critically and communicate effectively.