I was invited to present my career overview to a group of MBA candidates at Georgia State's Robinson School of Business. This documents my journey from Corporate America to owning my own business, with side trips as a midlife Peace Corps Volunteer and part of a successful dot-com start-up, WebMD.
1. Leadership Speaker Series!
Confessions of a
Presented%by%The%Graduate%Business%Associa,on%
Corporate Refugee
Nancy
Chorpenning
Managing Director,
C-Suite Advisors
“My Journey from Corporate America to
Owning My Own Business”
by Nancy Chorpenning, C-Suite Advisors
Date% Thursday,*October*25 *2012*
Time% 7:30PM*–*8:30PM*
th
Loca,on% Aderhold*Learning*Center,*Room*223*
The%GBA%welcomes%Nancy%Chorpenning,%Managing%Director%for%
Atlanta>based%business%advisory%firm,%C>Suite%Advisors.%%She%
Leadership Speaker Series
has%20+%years%of%experience%providing%Fortune%500%companies%
with%strategic,%opera,onal%and%marke,ng%solu,ons.%%
Presented by The Graduate Business Association
Specifically,%Nancy%was%an%integral%part%of%the%management%
team%that%developed,%launched%and%managed%%the%WebMD%
plaNorm.%%She%has%also%worked%with%Time%Warner%and%Times%
Mirror.%
Nancy%is%a%graduate%of%Northwestern%University’s%Kellogg%
Thursday, October 25, 12
Graduate%School%of%Management%and%the%GBA%looks%forward%to%
2. Confessions of a
Corporate Refugee
Timeline
Lessons
Dreams
Thursday, October 25, 12
4. Publishing
Publishing Market Contraction
Medical Pub 1975 - 80 US companies
Medical Pub 2012 - 1 US company (McGraw Hill)
Times Mirror (LA Times & Chandler family) bought YBMP
in 1965; merged with Mosby in 1989; Mosby-YearBook
acquired by Harcourt General in 1998; in 2000 Reed
Elsevier
Times Mirror (2000 Tribune takeover by Sam Zell -
pensions in danger)
Little, Brown (founded in 1837) acquired by Time, Inc.
1968; Professional Publishing acquired in 1996 by
Wolters-Kluwer
Thursday, October 25, 12
5. Publishing
Mentors
Lessons
B School
Information Products
Thursday, October 25, 12
6. Stop the World...
“I’m too OLD to be a Peace Corps Volunteer!”
Thursday, October 25, 12
10. 2008
Presidential
Inaugural Parade
Washington, DC
Thursday, October 25, 12
11. DotCom Era
1997-2000
Dot-Com Boom, Dot-Com Bubble,
Internet Bubble
Overlooked traditional metrics (e.g., P/E
ratio) in favor of confidence in technology
Healthscape → Healtheon (1996)
Healtheon-WebMD (Jim Clark meets Jeff
Arnold) IPO 1999- $7B Merger - $120/
share - $20B market cap
Thursday, October 25, 12
12. Alliances &
Departures
WebMD Physician Website
Bringing offline online
Parting of the Ways
Thursday, October 25, 12
13. Sabbatical #2
“It feels like I’ve been in an abusive
relationship.”
Friends and Colleagues
Start-Over Start-Up
The Meaning of Partnership
Thursday, October 25, 12
14. Discovering Small
Business
Corporate Kool-Aid
Actual statistics
Passionate People
Women-Owned Businesses
Thursday, October 25, 12