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Lilly CEO, Oracle vice president and former treasury secretary featured at 2001 IU Business Conference
Jan. 29, 2001
BLOOMINGTON, Ind. -- Two leaders who are using the Internet to revolutionize the way America does business and "the world's most powerful economist" will share their insights at the 55th annual conference of the Indiana University Kelley School of Business on March 7 in Indianapolis.
Speaking at this year's conference will be Sidney Taurel, chairman, president and chief executive officer of Eli Lilly and Co.; Edward J. Sanderson Jr., executive vice president of Oracle Corp.; and Lawrence Summers, former U.S. secretary of the treasury and the Arthur Okun distinguished fellow in economics, globalization and governance at the Brookings Institution.
Each will touch on the conference's theme, "'e' Is the Business: Revolutionizing the Value Chain."
"E-commerce and the explosion of information technology have obliged corporate decision-makers to rethink the way they and their firms do business," said Dan Dalton, dean of the Kelley School of Business at IU. "In addition to altering relationships with suppliers, customers, consumers and investors, the trend toward e-commerce is significantly impacting American corporate culture."
Registration and networking will begin at 8 a.m., followed by a 9 a.m. presentation by Taurel, a 10:45 a.m. presentation by Sanderson and a luncheon presentation by Summers. All conference activities will be at the Indiana Convention Center in Indianapolis.
In addition to IU's Kelley School of Business, other major sponsors of the conference are Eli Lilly and Co., Philip Morris USA, ArvinMeritor, Baker and Daniels, Delco Remy, Deloitte & Touche LLP, Kimball International, KPMG LLP, La Salle National Bank, Sun Microsystems, Union Planters Bank, Whirlpool Corp., xpedx, Ernst & Young, PricewaterhouseCoopers and Sallie Mae.
Taurel will discuss the application of information technology in a global, high-tech company. As an example of how Lilly is applying e-commerce, he will speak about e.lilly, a major new initiative designed to harness the power of information technology throughout the company's value chain.
Taurel has led Lilly as CEO since July 1998 and as chairman of the board of directors since January 1999. He had been president and chief operating officer since February 1996 and a member of the Lilly board of directors since July 1991. He is chairman of the company's operations and policy committees.
Born a Spanish citizen in Casablanca, Morocco, Taurel became an American citizen in November 1995. After graduating in 1969 from École des Hautes Études Commerciales in Paris, France, he received a master of business administration degree from Columbia University in 1971. He joined the Lilly subsidiary Eli Lilly International Corp. later that year as a marketing associate and was named marketing plans manager for the Brazilian affiliate the following year.
Returning to Europe in 1976, Taurel held several marketing and sales assignments in Eastern Europe and France. He became general manager of the company's affiliate in Brazil in 1981 and was appointed to the London-based position of vice president of Lilly's European operations in 1983. In 1986, Taurel was named president of Eli Lilly International Corp.
Five years later, Taurel became executive vice president of the pharmaceutical division and executive vice president of Lilly. Prior to becoming chief operating officer, he also was president of Eli Lilly's pharmaceutical division.
Following Taurel will be Sanderson, who is executive vice president of Oracle Corp., the largest provider of software for e-business. Sanderson will explain what is necessary today for effective e-business system design and implementation and will describe the keys to successful interfaces between service providers and end users.
Sanderson is responsible for Oracle Exchanges, Oracle Product Industries (OPI), Oracle Consulting and the Latin America Division. His Exchanges responsibilities include strategic planning, business development and sales. Sanderson's OPI responsibilities include strategic planning, marketing, direct sales, consulting and business operations for industries which include automotive, electronics, aerospace, chemicals, energy, retail, consumer products, packaged goods, pharmaceutical, materials and industrials.
He sits on Oracle's executive and management committees. Under his leadership, Oracle's consulting and Latin America subsidiaries have experienced strong, double-digit, top and bottom line growth. During his tenure, Oracle has launched numerous innovative industry and middle market offerings, leveraging Oracle products and services. In addition, Sanderson personally spearheads account activities at some of Oracle's most significant clients.
Prior to joining Oracle, Sanderson held several positions at companies including Unisys, McKinsey and Co., and Arthur Andersen (now Accenture). At Unisys, Sanderson was president of Worldwide Information Services and was responsible for 5,000 consulting professionals operating in more than 30 countries. He was a partner at McKinsey and Co. and at Arthur Andersen.
Sanderson recently was named one of the industry's top 25 consultants by Consulting Magazine. He holds a bachelor's degree from the U.S. Naval Academy and a master's degree in business administration from George Washington University.
In his luncheon address, "The New Economy: From Here, Where?" Summers will take a broad, forward-looking perspective on the conference theme and examine the dynamics that will determine the direction and nature of the Internet economy on both the domestic and global planes.
Dubbed "the world's most powerful economist" by The Economist, Summers was at the center of American economic policy during the longest period of economic growth in U.S. history, serving first as deputy secretary of the treasury from 1993 until his appointment in July 1999 as the 71st secretary of the treasury.
A former professor of economics at both Harvard University and the Massachusetts Institute of Technology, he has been called "the model for scholar-practitioners." No one is better qualified to speak to the future direction of America's "new economy."
The individual registration fee for the conference is $110 and is encouraged before Feb. 20. The cost increases afterwards to $120. Table registrations are $1,000 for 10 persons, or $525 for five persons. Table registrations include reserved seating at lunch and registration to the conference.
Send registrations to Annual Business Conference, Kelley School of Business, 1309 E. 10th St., Indiana University, Bloomington, IN 47405-1701. Credit card registrations can be sent by fax to Conference Registrar, Kelley School of Business, 812-855-3535. Make checks payable to the IU Kelley School of Business Alumni Association.
Information and online registration are available at http://www.kelley.iu.edu/alumni/bsconference.html, or call 812-855-6340 for further details. (George Vlahakis, 812-855-0846, gvlahaki@indiana.edu)