Thomas Stone, MBA, DBA

Tom Stone
Associate Teaching Professor, Business
Office Phone
Office Location
Sutherland, 322
    Biography

    Teaching Experience

    The Pennsylvania State University - Abington College, Abington, PA (2009 – Present)

    · Associate Teaching Professor, Business Program Chair (May 2020 – Present)

    · Assistant Teaching Professor (May 2018 – Present)

    · Lecturer (August 2014 – May 2018): Full-time faculty appointment

    · Instructor (January 2009 – May 2014): Part-time faculty appointment

     

    Classes taught include:

    · Micro/Macroeconomics

    · Corporate Finance,

    · Financial Decision-Making

    · Health Care Finance

    · Contemporary Issues in International Business

    · Strategy Capstone

    · Schreyer Honors Thesis Advisor: Finance

     

    Business Experience

    Siemens Health Services, Malvern, PA (November 1991– July 2014):

    · Finance Officer – Sr. Director Strategy Finance (2011- 2014): Performed competitive analysis and benchmarking studies to identify key areas of improvement versus major competitors.

    · Financial Officer- Global CRM / International (2007- 2011): Financial management of $30M portfolio for non-US markets. Established new market entries into China and India, while continuing to develop markets in Japan, Mexico, South Africa and Middle East.

    · Director of Strategic Projects Office (2005-2007): In conjunction with consulting firm (Boston Consulting Group) directed the planning and execution of major strategic initiatives targeting $65 million in productivity gains and over 5 year strategic plan.

    · Financial Officer – e.Health (2000-2005): Responsible for all financial operations of the e.Health segment. Exceeded segment profit targets 5 out of 6 years, and grew revenues from $100 million to $300 million over this timeframe.

    · Manager of Budget and Forecasts (1991-2000): Responsible for developing annual operating and capital budgets of $600-700 million.

    Nutri-System, Inc., Plymouth Meeting, PA (1988-1991): Director of Finance and Treasury.

    Savin Corporation, Stamford, CT (1986-1988): Manager of Budgets.

    PepsiCo, Purchase, NY (1983-1986): Acquisitions Analyst.

    Scott Paper Company, Philadelphia, PA (1981-1983): Financial Analyst.

    Columbia-Presbyterian Hospital – NY State Psychiatric Institute / New York State Department of Mental Health, New York, NY (1974-1980): HR Director

     

    Awards, Honors

    “Best Paper” for “The ROI of Investments in Lean Agile Software Development Training”, Engaged Management Scholarship conference, Antwerp, Belgium, September 2019.

    Awarded Brandeis Grant to attend the Case Method Teaching Seminar, Part II, Harvard Business Publishing, Cambridge, MA, March 2017.

    Awarded Faculty scholarship from the Lean Education Advancement Foundation (LEAF) to attend Lean Accounting and Management Summit, San Antonio, TX, August 2016.

    Awarded Brandeis Grant to attend the Case Method Teaching Seminar, Part I, Harvard Business Publishing, Cambridge, MA, March 2015.

    Elected President, Rydal-Meadowbrook Civic Association, 2015. Chaired the 2013, 2014 and 2015 Abington Town Hall, a community-wide forum to discuss social, economic and environmental issues with community leaders

    Best Speaker Award: “Own the Room”, Blue Planet Public Speaking Training, Chicago, IL, March 2014.

    Identified as “Top Talent” by Siemens HS Senior Management Team, receiving multiple management trainings and assessments, 2007-2010.

    Received highest rating in the class of 20 at the Siemens Medical Development Center Exercise, participating in seven business case simulations at University of Pennsylvania, March 2007.

    One of nine managers/directors managers selected by Siemens Medical Health Services senior management to participate in a selective 18 month executive training program, “MED Achievement Challenge”, 2005-2006.

     

    Professional and Community Affiliations

    · American Finance Association

    · Academy of Management

    · Beta Gamma Sigma (honors business society)

    · Agile Philly (professional software development)

    · Board member and President, Rydal-Meadowbrook Civic Association

     

    Publications

    Academic Publications and Conference Proceedings

    Ninth International Engaged Management Scholarship Conference, Antwerp, Belgium, Temple University, September, 2019. Presented “The ROI of Investments in Lean Agile Software Development Training”. Awarded “Best Paper” of +100 papers submitted to the conference. Also presented “Platform as a Service in Software Development: Key Success Factors”.

    Eighth International Engaged Management Scholarship Conference, Philadelphia, PA, Temple University, September, 2018. Presented “Improving Lean Software Development Productivity: The Contribution of Retraining and Coaching”.

    Seventh International Engaged Management Scholarship Conference, Tampa FL, University of South Florida, August 2017. Listed in the proceedings for presenting ”Lean Accounting Comes to Lean Software Development”.

    Ninth International Conference on Healthcare Systems and Global Business Issues, Jaipur National University, Jaipur, India. Co-author of “A Tale of Two Countries: Drawing Lessons for Health Care Reform in India”, with Professor Manohar Singh, The Pennsylvania State University, January 2016.

    Academic and Professional Presentations

    Ninth International Engaged Management Scholarship Conference, Antwerp, Belgium, Temple University, September, 2019. Presented “The ROI of Investments in Lean Agile Software Development Training”. Awarded “Best Paper” of +100 papers submitted to the conference. Also presented “Platform as a Service in Software Development: Key Success Factors”.

    Twentieth Annual National Business Society, San Juan, Puerto Rico, March 2019. Presented paper “The ROI of Investments in Lean Agile Software Development”, with Professor Mark Gershon, Fox School of Business, Temple University and Howard Meyers, Cerner Corporation.

    AgilePhilly, Malvern, PA, December 2018. “The ROI of Lean Agile Training”. Presented with Howard Meyers of Cerner Corporation.

    Eighth International Engaged Management Scholarship Conference, Philadelphia, PA, Temple University, September, 2018. Presented “Improving Lean Software Development Productivity: The Contribution of Retraining and Coaching”.

    Ninth International Conference on Healthcare Systems and Global Business Issues, Jaipur National University, Jaipur, India. Co-author of “A Tale of Two Countries: Drawing Lessons for Health Care Reform in India”, with Professor Manohar Singh, The Pennsylvania State University, January 2016.

    Strategic Resource Management Conference, presented "Integration of Kanban and Finance in Development of IT Solutions at Siemens Health Services" with Bennet Vallet, Director, Product Development, Siemens, November 2014.

    Portfolio Management Conference, presented "Evaluating R&D Projects under Two Different Business Models: Discrete and Continuous Revenue Realization" with Elayne Ko, Director, Portfolio and Decision Analysis, Pfizer, November 2014.

    INFORMS2014, co-author of “Implementing Decision Analysis in a Health Care Information Technology Company” with Elayne Ko, Director, Portfolio and Decision Analysis, Pfizer, November 2014.

    The Conference Board, presented “Application of Metrics to Generate Growth in the Face of Change”, New York, NY, October 2005.

    Works in Progress

    “The ROI of Investments in Lean Agile Software Development Training”, submitted to The Journal of Systems and Software, October 2019.

    Reviewer for Academic Journals and Conferences

    Academy of Management (AoM)

    Engaged Management Scholarship (EMS)

     

    Education

    Temple University, Fox School of Business, Philadelphia, PA: Executive Doctorate in Business Administration (DBA), May, 2018. Dissertation topic: Lean Accounting Comes to Lean Software Development. Empirical testing of financial and accounting metrics to evaluate and improve the productivity of lean / agile software development. Dissertation Chair: Professor Sudipta Basu.

    New York University, Stern School of Business, NYC, NY: MBA in Finance.

    New York University, Graduate School of Arts & Science, NYC, NY: Completion of course requirements for MA in Political Science.

    La Salle University, Philadelphia, PA: BA in Political Science.

     

    Other Academic and Professional Development:

    Case Method Teaching Seminar, Part II, Harvard Business Publishing, Cambridge, MA, 2017.

    Case Method Teaching Seminar, Part I, Harvard Business Publishing, Cambridge, MA, 2015.

    “Competitive Benchmarking and Tactical Analysis”, Academy of Competitive Intelligence, Cambridge, MA, 2014.

    Healthcare Compliance Certification Program, Seton Hall School of Law, 2012.

     

    Research Interests

    · Productivity and financial measurement of lean/agile software development

    · Impact of lean/agile management on organizational development

    · Healthcare finance/economics

    · Platform and network economics

    Research Interests

    · Productivity and financial measurement of lean/agile software development

    · Impact of lean/agile management on organizational development

    · Healthcare finance/economics

    · Platform and network economics

    Education

    Temple University, Fox School of Business, Philadelphia, PA: Executive Doctorate in Business Administration (DBA), May, 2018. Dissertation topic: Lean Accounting Comes to Lean Software Development. Empirical testing of financial and accounting metrics to evaluate and improve the productivity of lean / agile software development. Dissertation Chair: Professor Sudipta Basu.

    New York University, Stern School of Business, NYC, NY: MBA in Finance.

    New York University, Graduate School of Arts & Science, NYC, NY: Completion of course requirements for MA in Political Science.

    La Salle University, Philadelphia, PA: BA in Political Science.