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Rutgers Business School hosts ‘restart’ event with focus on Newark economic development

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A number of leaders from New Jersey’s academic and business communities will gather Friday morning at the Rutgers Business School in Newark in an effort to come up with new ways for the city to take advantage of public-private partnerships, particularly between its largest and smallest employers.

The event will be highlighted by a panel discussion entitled “Restart, sustain and grow Newark’s Economic Development,” featuring the likes of PSE&G President Ralph LaRossa, Schindler Elevator Corp. President Greg Ergenbright, New Jersey Chamber of Commerce President Tom Bracken and Rutgers University’s Cornwall Center Director Roland Anglin. Michael Aron, NJTV chief political correspondent, will moderate the discussion.

Also scheduled to speak are Deputy Mayor Baye Adolfo-Wilson and Newark Community Economic Development Corp. President Otis Rolley.

“You have all of these big anchor institutions in Newark,” said Kevin Lyons, Rutgers professor and event organizer. “Why aren’t they buying from the local area? The money could be very significant.”

Lyons, whose work in the field of social urban economic development through the Garfield Foundation helped spawn the event, saw last year’s roundtable result in the formation of a partnership program sponsored by Schindler that exposed Newark high school students to the fields of supply chain management, logistics and procurement.

The 17 students involved with last year’s partnership program will be recognized Friday by Nancy Cantor, business school chancellor, and Lei Lei, the school's dean.

“It was a success beyond our expectations,” John Impellizzeri, professor, said of the program.

Rather than just an exchange of ideas, the annual roundtable is “meant to be an event where we see results year after year,” said Alok Baveja, supply chain management professor and event organizer.

“Newark and Rutgers Business School are strongly interconnected in their destiny and the leadership of Rutgers-Newark is strongly committed to having a sustainable, long-term impact on the city,” Baveja said.

Rutgers Business School hosts ‘restart’ event with focus on Newark economic development

 

 

 

A number of leaders from New Jersey’s academic and business communities will gather Friday morning at the Rutgers Business School in Newark in an effort to come up with new ways for the city to take advantage of public-private partnerships, particularly between its largest and smallest employers.

 

The event will be highlighted by a panel discussion entitled “Restart, sustain and grow Newark’s Economic Development,” featuring the likes of PSE&G president Ralph LaRossa, Schindler Elevator Corp. president Greg Ergenbright, New Jersey Chamber of Commerce president Tom Bracken and Rutgers University’s Cornwall Center director Roland Anglin. NJTV chief political correspondent Michael Aron will moderate the discussion.

 

Also scheduled to speak are deputy mayor Baye Adolfo-Wilson and Newark Community Economic Development Corp. president Otis Rolley.

 

“You have all of these big anchor institutions in Newark,” said Rutgers professor and event organizer Kevin Lyons. “Why aren’t they buying from the local area? The money could be very significant.”

 

Lyons, whose work in the field of social urban economic development through the Garfield Foundation helped spawn the event, saw last year’s roundtable result in the formation of a partnership program sponsored by Schindler that exposed Newark high school students to the fields of supply chain management, logistics and procurement.

 

The 17 students involved with last year’s partnership program will be recognized Friday by business school chancellor Nancy Cantor and dean Lei Lei.

 

“It was a success beyond our expectations,” professor John Impellizzeri said of the program.

 

Rather than just an exchange of ideas, the annual roundtable is “meant to be an event where we see results year after year,” said supply chain management professor and event organizer Alok Baveja.

 

“Newark and Rutgers Business School are strongly interconnected in their destiny and the leadership of Rutgers-Newark is strongly committed to having a sustainable, long-term impact on the city,” Baveja said.

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