Gregory Fairchild headshot
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Gregory B. Fairchild

Professor
Associate Dean, Washington, D.C. Area Initiatives
Academic Director, Public Policy and Entrepreneurship
Unit: Darden School of Business
Department: Darden Graduate School of Business
Office location and address
FOB 185
90 Darden Blvd
Charlottesville, Virginia 22903
Biography

Gregory Fairchild is the Isidore Horween Research Professor of Business Administration at the University of Virginia's Darden School of Business and Associate Dean for Washington, D.C. Area Initiatives and Academic Director of Public Policy and Entrepreneurship. Fairchild serves as an academic director for  Darden's Institute for Business in Society (IBiS). He teaches strategic management, entrepreneurship and ethics in Darden's MBA and Executive Education programs. He has received a number of awards for teaching excellence at the Darden School.

His research is likewise renowned, as he was recently the lead investigator studying business models and public policy issues in the field of community development finance, an initiative supported by a three-year $850,000 grant from the John D. and Catherine T. MacArthur Foundation. Fairchild was named one of five high impact research professors and the sole scholar focused in entrepreneurship by the  Financial Times in 2010. In 2009, he received a faculty Pioneer Award presented by the Aspen Institute's Center for Business Education for his leadership and risk taking in integrating ethical, environmental and social issues into the MBA curriculum. In 2011, he was the only academic named as one of "25 Virginians to watch" by Virginia Business Magazine. In 2012, Fairchild was named one of the Top Ten Business School Professors in the World by CNN/Fortune and one of the 50 Best Business School Professors by Poets & Quants. His multidisciplinary work has been cited by Inc. Magazine,  The Economist, National Public Radio (NPR),  USA Today,  New York Times and  the Washington Post, among others.

Fairchild worked in marketing positions for such industry leaders as Kraft General Foods, Procter & Gamble and Saks Fifth Avenue before embarking on his doctoral studies. Fairchild served on the investment advisory of the Virginia Retirement Service (VRS), the Commonwealth's public pension fund from 2009 to 2012. Governor McAuliffe appointed Fairchild was to the board of Virginia Community Capital, the Commonwealth's largest community-development bank, where he served from 2015 to 2017. University of Virginia President Terry Sullivan appointed Fairchild to the board of University Physician's Group, the University Medical Center's practice plan, where he served from 2012 to 2017. In 2017, Fairchild became a Trustee of Union Square Capital Core Real Estate Fund, a mutual fund; and was appointed by Governor McAuliffe to the Virginia Economic Development Partnership, the Commonwealth's economic development authority.

In addition to his teaching and research, he is a consultant to corporations, nonprofits and governmental agencies.

Fairchild and his wife, Tierney Temple Fairchild (D '94) are the founders of Resilience Education, an organization committed to providing high quality Socratic education to those that might not otherwise afford it (  www.Resilience-Education.org). This is the conduit through which the Darden Prison Program is administered, among other initiatives.

The Relative Efficiency of Environmentally-Oriented Credit Unions
Source: The William & Flora Hewlett Foundation
September 01, 2020 – October 01, 2021
GBUS 7100: Global Leadership Explorations - Part I
Credits: 2
Each location chosen for our GEMBA residencies offers a broad set of opportunities for building global awareness as well as allowing more integration opportunities across courses. Global Leadership Explorations are a series of courses that will leverage the "why" we are in a certain location and "what" we can learn about ourselves, our companies, business and our world.
GBUS 7102: Global Leadership Explorations - Part IV
Credits: 2
Each location chosen for our GEMBA residencies offers a broad set of opportunities for building global awareness as well as allowing more integration opportunities across courses. Global Leadership Explorations are a series of courses that will leverage the 'why' we are in a certain location and 'what' we can learn about ourselves, our companies, business and our world.
GBUS 7116: Explorations in Enterprise Leadership Part I
Credits: 2
Washington, DC region provides a wealth of opportunities for engaging directly with topics relevant to the challenges of leading a global firm, exploring the challenges of managing diverse stakeholders, & discussing how we can leverage concepts from across our curriculum as we manage the uncertainties facing contemporary leaders. Course provides a diverse range of leadership experiences & topics.
GBUS 7117: Explorations in Enterprise Leadership Part II
Credits: 2
Washington, DC region provides a wealth of opportunities for engaging directly with topics relevant to the challenges of leading a global firm, exploring the challenges of managing diverse stakeholders, & discussing how we can leverage concepts from across our curriculum as we manage the uncertainties facing contemporary leaders. Course provides a diverse range of leadership experiences & topics.
GBUS 7118: Explorations in Enterprise Leadership - Part III
Credits: 2
Washington, DC region provides a wealth of opportunities for engaging directly with topics relevant to the challenges of leading a global firm, exploring the challenges of managing diverse stakeholders, & discussing how we can leverage concepts from across our curriculum as we manage the uncertainties facing contemporary leaders. Course provides a diverse range of leadership experiences & topics.
GBUS 7256: Financial Management and Policies - Part II
Credits: 2
This corporate-finance course focuses on corporate policy and the tactics that increase the value of the corporation. The course starts by stressing how managers interface with the capital markets to learn the return required by the firm's different investors. This required return, or cost of capital, is used later as the key variable to assess whether capital-investment proposals can create value for stakeholders.
GBUS 7380: Business Ethics (Part 1)
Credits: 2
The purpose of this course is to enable students to reason about the role of ethics in business administration in a complex, dynamic, global environment. Throughout the course, students will be encouraged to think deeply about the nature of business, the responsibilities of management, and how business and ethics can be put together. Cases without easy answers that raise a range of problems facing managers in the contemporary business environment will be used. Discussions will focus on developing a framework for analyzing the issues in moral terms and then making a decision and developing a set of reasons for why the decision was justified. Students will be pushed to think carefully about how they make decisions and develop their capacity to defend their decisions to other stakeholders. This is important as a way not only to foster integrity and responsible decision making, but also to push students to take leadership roles in dealing with complex and difficult choices they will face in their careers. Operating from a managerial perspective, students will address a range of themes in the class, including basic concepts in ethics, responsibilities to stakeholders and the building blocks of markets, corporate culture, the sources of ethical breakdowns in organizations, managerial integrity, value creation, and personal values and managerial choice.
GBUS 7400: Strategic Thinking and Action
Credits: 2
This course develops students' ability to analyze the organizational and external factors essential for crafting and executing a firm's strategy for sustained success. The course draws heavily from the key concepts, frameworks, and tools of strategic management. Taking an action orientation, it reinforces and revitalizes the general-management perspective, the core mission of the school. Because of increasing global interdependence and an ever-shifting business environment, it emphasizes both the dynamics and the global aspects of strategic management. Topics include developing and evaluating strategy, building firm capability and sustaining competitive advantage, analyzing industry evolution and global rivalry, and linking strategy and execution. Course objectives are accomplished through exposure to cases from a range of industries and managerial settings. By providing students with an opportunity to apply analytical skills they learn in various first-year courses, the course fosters an integrative mind-set that will enable MBAs to operate at multiple levels and in different functions in their business careers.
GBUS 7609: Entrepreneurial Thinking
Credits: 2
This course is about learning to think and act entrepreneurially in order to create new value in the world through new products, new solutions, new ventures, new business units, new distribution channels, new firms, new business models, new technologies, and business transformation. The emphasis will be on the art and science of 'creating something new from little.' The orientation in the course will be to challenge students to think about how they can create, finance, and build or change a productive business organization with commonly available resources (e.g., intelligence, insight, energy, initiative, and personal relationships). Students will learn to use this orientation wherever new-venture creation may occur, namely, through the actions of an independent entrepreneur or in a large, established firm.
GBUS 7610: Creative Capitalism
Credits: 2
The first six to eight sessions of the course examines the process of creating value for multiple stakeholders and focuses on business models that 'make a difference' by combining traditional value for financiers with the broader concept of value for stakeholders (including financiers). Pre-requisites: Restricted to Darden students.
GBUS 8203: Business Ethics through Literature
Credits: 2
The purpose of this course is to deepen students' understanding of the role of ethics in management. The course builds on the conversations begun in the First Year Business Ethics course and addresses several key themes of interest for contemporary managers.
GBUS 8529: Lessons from South Africa on Public-Private Sector Coop to Grow an Economy
Credits: 2
We will experience many of the wonderful aspects of this beautiful country by visiting Johannesburg, Cape Town, and a few other locations, and should be sensitive, not afraid of, integrating its history into our understanding of the country today. Students should look to be open, honest, challenging and respectful of one another. To help us more fully engage with each other when we are in South Africa, we will work in teams.
GBUS 8602: Darden Returning Citizens Reentry Program
Credits: 2
This Darden PREP course, in partnership with Resilience Education, engages MBA students in transforming the way the business community understands incarceration and its societal impact. Students will work in teams to address reentry and employment challenges of our students or work on a project that builds on the work of the Darden Prisoner Reentry Education Program (PREP) and Resilience Education (RE) more broad.
GBUS 8999: Darden Independent Study
Credits: 2–3
A Darden Independent Study elective includes either case development or a research project to be conducted by an individual student under the direction of a faculty member. Students should secure the agreement of a resident faculty member to supervise their independent study and assign the final grade that is to be based to a significant degree on written evidence of the individual student's accomplishment.
GBUS 9330: Seminar in Entrepreneurship I
Credits: 3
This course will survey the field of entrepreneurship and introduce the students to the classic books and ideas in the literature. The course will use a seminar format and will attempt to understand the meaning and content of the phenomenon of entrepreneurship, its processes and its consequences - for individuals and economies. Requirements include position papers on various topics and authors. Prerequisites: Restricted to Darden students.