BUSINESS - University of Michigan
Transcription
BUSINESS - University of Michigan
FALL 2014 BUSINESS @UM-FLINT THE ACROSS GLO BE SOM student experiences studying abroad - pg. 10 BUSINESS @ UM-FLINT 1 DEAN’S MESSAGE Excellence: Our Common Bond TABLE of CONTENTS 23 HIGHLIGHTS 3 4 5 6 40 Years of SOM HOLIDAY CHEER SOM Part-Time MBA Program Ranked 8th Entrepreneurs Society Event Spreads Holiday Cheer to Local Families Alumnus John Sullivan Appointed UM Treasurer SOM Awards $32,000 to Transfer Students Dear Alumni and Friends of the School of Management, AWARDS AND SCHOLARSHIPS The past year for me has been filled with meeting many new people who have a common bond. The 7 Maize and Blue Distinguished Scholar Awards bond is a fondness for UM-Flint and a desire to see the School of Management thrive and succeed. I am very proud to be your Dean in this new chapter. As you will see in this issue, there are many initiatives that demonstrate our commitment to our students, to our community, and to being an engaged international INTERNATIONAL RELATIONS 9 10 11 12 SOM Students Across the Globe Insight into East Asian Culture and Int. Business 28 Experiencing the European Economy in Germany International Internships in Wuppertal LEARNING THROUGH SERVICE New scholarship supports students community engagement efforts hub for business education. Our rankings in Business Week, U.S. News and World Report, and The Princeton Review testify to our national recognition. Our professors and staff are truly committed to excellence and student success. We are constantly ALUMNI SPOTLIGHT 13 15 17 COMMUNITY ENGAGEMENT Perseverance, Passion and Payoffs Keeping the Connection 40th Anniversary 19 21 22 Engaged Learning/Serving the Community Free Tax Preparation Tradition Continues Holiday Cheer to Local Children/Families seeking new ways to improve existing courses and programs. We also seek to embrace new learning approaches that will be important to our students in the coming years. NEW FACULTY & STAFF 23 As we approach our 40th anniversary as a School of Management (1975-2015), we will be seeking your involvement Faculty & Staff Profiles and continued support in helping us celebrate this milestone. Details will be emerging about our yearlong FACULTY RESEARCH celebration. My very best wishes to you! 25 Sincerely, Faculty Research Profiles DONOR RECOGNITION Scott D. Johnson, Ph.D. Dean, School of Management 10 SOM Students Abroad 2 FALL ‘14 27 29 32 33 Learning Through Service Honoring Family, Giving Back to the Community Donor Honor Roll Advisory Board Committees HIGHLIGHTS HIGHLIGHTS 40 YEARS OF SOM The 2014 / 2015 academic year marks the 40th anniversary of the School of Management at UMFlint. In honor of this historic milestone, the School Part-Time MBA Program RANKED 8 TH in the Midwest, 46th Nationally of Management is hosting a number of alumni and community engagement events that you’re invited to. See page 18 for specifics. 8 SOM Featured in The Princeton Review’s ‘Best 295 Business Schools: 2014’ According to Robert Franek, The Princeton Review Senior VP-Publisher, “We recommend UM-Flint’s School of Management as one of the best institutions a student could attend to earn a business school degree.” The company featured the school in the 2013 and now again in the 2014 edition of its book, “The Best 295 Business Schools” (Random House/ Princeton Review, October 8, 2013). MasterCard Provides $90,000 In Grant Funding for Work/Live Projects The success of the Work/ Live home concept created by the School of Management The School of Management was Entrepreneurs Society in awarded another prominent distinction by partnership with the Genesee Bloomberg BusinessWeek: a place in the County Habitat for Humanity Top 50 of its biennial “Best Part-time caught the attention of MBA program” rankings for 2013. MasterCard. In the Midwest, only the part-time MBA The company recently announced programs at the University of Michigan it is providing a $90,000 grant Ross School of Business, the University to the Genesee County HFH to of Nebraska and Indiana University were support future Work/Live projects ranked higher within the Big Ten than the in the county. part-time program at UM-Flint. See the article on page 20 for more about the Entrepreneurs Society’s involvement on Work/Live projects. 3 FALL ‘14 BUSINESS @ UM-FLINT 4 HIGHLIGHTS SOM Awards $32,000 SOM Alumna, Michelle Goff, named in Scholarships to Transfer Students CFO OF THE YEAR Throughout its history, SOM has forged by Crain’s Detroit Magazine. partnerships with community colleges across the Michelle Goff, BBA ’83, was awarded the students who transfer to UM-Flint in pursuit of a state of Michigan to provide an easier transition for BBA degree. distinction of “CFO of the Year – large private company 2013” by Crain’s Detroit Business. Goff received her undergraduate degree from the School of Management in 1983 before continuing her education on the Ann Arbor campus. Since receiving her MBA in 1986, she John Sullivan, BBA ‘81, Appointed as University of Michigan TREASURER has held a number of senior finance positions On April 1 of 2014, for large companies including CIGNA Behavioral Sullivan, BBA ’81, took over the Health, Campbell-Ewald Co., R.L. Polk & Co., and reins as Treasurer of the University Highgate, LLC. of Michigan. In the role, Sullivan John A new initiative put in place this year provides financial support to the highest achieving students from our partner institutions. Through the initiative, 16 top transfer students from six community colleges around the state were awarded scholarships totaling $32,000 for the 2014-2015 academic year. Francine Cullari, SOM Lecturer, Receives Prestigious HUDSON AWARD management functions. He is also lead team in the University’s of Alberta, Canada, in the fall of 2013, Dr. Michael Witt, Entrepreneur-inResidence and Lecturer of the School of Management, took part in creating The Roberts P. Hudson Award, approach toward successfully considered the highest award competing in the global market. conferred by the State Bar of Michigan, is presented periodically to commend one or more lawyers for their unselfish rendering of outstanding and unique service to and on behalf of the State Bar of Michigan, the legal profession and the public. The report, entitled “Sustainable Prosperity Through Innovation,” outlines six key recommendations that will form the foundation for innovation growth in the province, and played a major role in The School of Management is proud to congratulate the government’s decision to launch the Lecturer of Business Law, Francine Cullari, MA, Alberta Innovation Council. MBA, JD, for being selected to receive the Hudson Visit the Alberta government’s website at: http://eae.alberta.ca for more details. Award in 2014. FALL ‘14 As a member of the expert panel on a report that will steer the province’s an integral member of the executive 6 Guides Innovation in Alberta innovation engaged by the government treasury, debt management and risk Read about how his experiences as a student at UM-Flint helped him on the road to success on page 16. DR. MICHAEL WITT, technology commercialization and is responsible for the university’s Finance Division. Entrepreneur-in-Residence, BUSINESS @ UM-FLINT 6 AWARDS & SCHOLARSHIPS MAIZE AND BLUE DECEMBER 2013 SHELBY BROOKS Bachelor of Business Administration Distinguished Scholar Award Marketing The Maize and Blue Distinguished Scholar Award is Bachelor of Business Administration the highest academic award bestowed upon graduates of the University of Michigan-Flint, and is presented to no more than 13 graduates at each spring and winter commencement ceremony. During the 2013/2014 academic year, Maize and Blue Scholar Awards were presented to four outstanding SOM students. ROSALIE CROTHERS-EVANS-KROL General Business FOLAJIMI AFOLABI Bachelor of Business Administration Accounting & Finance EMILY HOFFMAN Bachelor of Business Administration Marketing Congratulations to the 2013-2014 SOM scholarship recipients. During the ’13/’14 academic year, a total of $78,818 was awarded to 65 students. Walker E. Fesmire Accounting Scholarship Danielle Adams Meri Kirshman Mitchel Woods R & E Freeman School of Management Scholarship Danielle Adams Folajimi Afolabi Amber Beach Mary Blondin Joshua Bowers Robyn Brown Joshua Connelly Akrum Eidelsafy Carol Gao Erica Henderson Justin Hernandez 7 FALL ‘14 Emily Hoffman Meri Kirshman Teresa Lindhurst Xiaomin Liu Makenna Lumley Katherine McAuliffe Jamie Muscott Celina Nickel Joseph Seitz Mabel Smeckert Jacklyn Wallace Erica Winstrand Mitchel Woods Rabi Zaher R & E Freeman NetPlus! MBA Scholarship Brandon Beede Rojelio Castel Aqualia Eady Ryan Gerulski Cynthia McNamara Aaron McWilliams Kristen Palmatier William Preseton Marissa Raymo P. Viruthiamparambath Chad Walters Jessica Hagemeister CPA Scholarship Roger Slaght Linn Family Scholarship Akrum Eidelsafy I. Douglas Moon SOM Undergraduate Merit Scholarship Folajimi Afolabi Meri Kirshman Charles Erickson Rachor Scholarship Alison Bunnell Brooke Jordan Elizabeth Ray Thomas P. Ryan & Thomas P. Ryan, Jr. Scholarship Fund Danielle Adams Folajimi Afolabi Joshua Bowers Angela Bright Joshua Connelly Anthony Cookenmaster Kimon Criner Barbara Cullinan Akrum Eidelsafy The School of Management is dedicated to the development and implementation of new programs and initiatives that prepare our students for future trends and opportunities in a constantly evolving global market. Our latest additions to the BBA and MBA programs are outlined below. MAY 2014 SOM SCHOLARSHIP RECIPIENTS Professor Robert Cojeen Scholarship Danielle Adams Barbara Cullinan Erica Henderson Meri Kirshman Xiaomin Liu Program Innovations Nicole Fortner Erica Henderson Emily Hoffman Meri Kirshman Teresa Lindhurst Ming Liu Xiaomin Liu Maria Lwantale May Ma Katherine McAuliffe Stephen Miller Jamie Muscott Dawn Nedela Joseph Seitz Roger Slaght Mabel Smeckert Michelle Smith Tonya Williams Erica Winstrand Mitchel Woods Rabi Zaher School of Management Alumni Scholarship Emily Hoffman Timothy E. Purman CPA Scholarship Fund Mabel Smeckert David C. Tucker CPA Scholarship Folajimi Afolabi Yeo & Yeo Scholarship Danielle Adams Angela Bright Anthony Cookenmaster Meri Kirshman School of Management Study Abroad Scholarship Iyad Abufarha Nil Barua Tiffany Bowie Easton Clemons Autumn DeLavergne John Paul Demers Audrey Ditri Zachary Falishans Jennifer Kline Chia Yi Liu JaQuita Welch Jessica Winowski Cody Yearn Entrepreneurship and Innovation Management Major in 2015 Effective Fall 2015, the School of Management will offer a new major at the undergraduate level: Entrepreneurship and Innovation Management. The School of Management now offers the MBA degree paired with several doctoral programs in healthcare, including Anesthesia Practice (DrAP/MBA), Physical Therapy (DPT/MBA) and Nursing Practice (DNP/MBA). Students in these programs start the MBA curriculum while finishing up their doctoral studies or soon after, Entrepreneurship and Innovation Management are and are able to “double-count” several courses to expedite widely recognized fields of study within management/ MBA program completion. After successful completion business degree programs. To date, these complementary of the dual degree program, students are awarded their fields of management have been folded into the doctoral degree and an MBA with a concentration in Management Major under the Entrepreneurship Track Health Care Management. of the BBA program at UM-Flint. By instituting the new major, both complementary fields will receive the prominence they deserve. New Course on Project Management In the new project management course, students will Feedback from our students indicated a desire to learn information systems project management principles broaden their education beyond the “core” courses in the and strategies that include project planning, estimating Entrepreneurship Track. The new major provides greater costs, developing schedules, managing risks, managing depth and breadth of educational exposure for students quality and executing projects. In addition, students will interested in either starting their own businesses or learn team building within the realm of information working in entrepreneurial and innovative organizations. systems projects, and the development and use of The program incorporates coursework in innovation collaboration technologies to support project teams. Upon management and marketing to help them achieve successful completion of this course, students should be those goals. prepared to take the CAPM certification exam through the Project Management Institute, and will be able to: DrAP/MBA, DNP/MBA and DPT/MBA Dual Degree Programs At some point in their career, individuals employed in • Build and lead information systems project teams • Plan, charter, structure, execute and control information systems projects the healthcare sector are likely to assume administrative responsibilities that require business knowledge and management skills. Some healthcare professionals may even consider opening their own practice. Courses in the MBA program provide the knowledge and skills needed to • Use advanced project management technologies • Use collaboration technologies and development environments succeed in these situations. BUSINESS @ UM-FLINT 8 INTERNATIONAL EXPERIENCES INTERNATIONAL EXPERIENCES THE ACROSS GLO BE SOM Students Experience the World of Business Firsthand JAPAN AND TAIWAN Insight into East Asian Culture and International Business incredible depth to our students’ Today’s dynamic business world demands more than knowledge of the basics. To understanding of Asia.” be successful, professionals need to realize the implications of globalization and the Professor Peng grew up in Taiwan international marketplace as well as how to effectively communicate across cultures. and has traveled extensively in both Taiwan and Japan. Through his experiences and student feedback, he emphasizes how Study abroad opportunities offered through the University of Michigan-Flint’s School of Management (SOM) and International and Global Studies Program go beyond providing students with an understanding of international business. They allow them to experience it firsthand. “Our School of Management is highly involved internationally, which is unusual for a college this size,” said Seyed Mehdian, Ph.D., a finance professor important it is to take advantage “Our School of Management is highly involved internationally, which is unusual for a college this size.” - Seyed Mehdian, Ph.D. of study abroad opportunities. “I can say with confidence that all the students who have participated in this program (in 2009, 2011 and 2013) concluded that this was one of their best experiences at UM-Flint,” said Dr. Greg Laurence and Study Abroad students at the National Palace Museum in Taipei, Taiwan say they want to return to Asia. In the summer of 2013, Professors Jacob Peng, In fact, one study abroad alumnus is working in Taiwan, Ph.D., and Gregory A. Laurence, Ph.D., led a group of 14 and two are applying to work in Japan. who has led several study abroad trips at the students to Japan and Taiwan to experience the economic University over the past 12 years. systems, business practices and management styles common in these countries. “Taiwan provides a very safe and friendly environment to study international businesses and Chinese culture. Getting out of one’s comfort zone is not easy—and that’s “Feedback we’ve received from students and alumni “Japan and Taiwan are two economies that are quite why faculty-led study abroad trips add tremendous value indicated that the intercultural skills they acquired important for U.S. companies to understand,” said to students. We take the worry of travel logistics away Laurence, who worked for several years at the American so that students can focus on learning and experiencing Chamber of Commerce in Japan and PADECO, a culture shock in a safe and fun way.” and the international connections they made during study abroad trips had a significant impact on their development consultancy in Tokyo. lives, both personally and professionally. Some of our “Japan is one of the world’s largest economies and cultural sites and three universities where they attended students have even landed job opportunities overseas one of the largest trading partners for the U.S. Taiwan lectures on history, language and business. A portion as a result of these experiences.” may be less obvious to American students, but just as of the coursework required students to keep blogs that important to gain some exposure to. Our students tend to featured their reflections about each country as well as a be amazed when they learn that brands like HTC, Asus, general reflection of the experience as a whole. Acer and Giant Bicycles are all Taiwanese companies. Then, when you combine the fact that Japan and Taiwan have a complex and unique relationship, I think that adds 9 Peng. “Almost all the students FALL ‘14 During the trip, students visited eight businesses, seven In her blog, Kelsey Brady, a senior majoring in international business, wrote, “When I left, I thought BUSINESS @ UM-FLINT 10 INTERNATIONAL EXPERIENCES that 21 days was such a long time to spend away from home with people I barely knew, but the time ended up being too short. Anyone who is debating about going on a trip like that should definitely go at any opportunity.” Matthew Tanyi, a 2013 graduate, wrote, “The many companies we visited, small and large, have given me a better idea of how to do business internationally. It’s helped me to realize that a great product can be marketed anywhere. People may have core cultural differences, such as language, but we’re not so different after all.” Experiencing the European Economy in Germany - THE LOCOMOTIVE OF EUROPE The partnership between the University of Michigan-Flint and abroad and working for a foreign company. This increases Bergische Universitat Wuppertal (BUW) that led to the 2014 their international preparedness significantly and makes them study abroad trip also spawned the “Internship in Germany” much more attractive in the job market after returning home program, launched in the summer of 2013. with the new skills and perspective they acquired.” International business majors participating in the “Internship The decision to require international business students to in Germany” program spend six weeks gaining professional participate in opportunities like the “Internship in Germany” experience as interns abroad in the German city of Wuppertal. program was partially due to feedback provided by alumni of The program places SOM students in German companies the School of Management. and organizations including Sparkasse (bank), Barmenia (insurance company) and Jackstadzentrum (entrepreneurship center) from July through August, and students also participate in cultural trips and lectures at BUW during their stay. “Through surveys, our alumni indicated the importance of graduating with internship experience and felt that it should be a requirement,” said Kandogan. “The relatively new international business program requires an internship at a In May of 2014, Professor Mehdian led a “The business components of our trips multinational company or study abroad experience, so it is a group of nine students on a study abroad allow students to see how business positive move in the right direction in light of the feedback trip to Wuppertal, Germany. Students and styles of management operate in we’ve received.” spent two weeks attending lectures at different cultural settings. In addition partner institution Bergische Universitat to informative lectures at our host Wuppertal (BUW), networking with universities, students visit and observe professionals and other students, specific businesses, then meet with and visiting cultural landmarks and company representatives afterward for businesses. Students also travelled to discussion and to have their questions Frankfurt, Berlin, Cologne and Dusseldorf answered.” during their time in Germany. Although it’s considered a young university by European standards, BUW has already established its reputation as “a force in business and industry that goes beyond its role in regional economics.” The school’s business startup and marketing program won BUW the number one position in the German university rankings twice in the past 10 years. In addition to internships, the articulation agreement between Prior to organizing the 2014 Germany “While other colleges may provide databases with available the two universities also allows for student exchange “Our study abroad trips don’t focus Study Abroad course, Mehdian internships, I don’t think many have [international] partner programs and research opportunities for students and solely on business,” said Mehdian. “A conducted similar visits to Russia, universities like ours, where the partner actively places our professors from UM-Flint and Wuppertal. large cultural component is built into our China, India, Japan and Taiwan. students into companies with which they have relationships,” itineraries as well. This includes meeting with students at the universities hosting us so that students can interact and, in many cases, develop friendships. This connection gives students a glimpse of “I can’t emphasize enough how said Yener Kandogan, Ph.D., professor of international business. important it is for students to take “Certainly, this is a first for School of Management. While we advantage of opportunities that will have international partnerships with other universities, the provide them with a global education,” exchange programs [with those partners] have always been ALUMNI: Did you participate in a study abroad program as an SOM student? We welcome you said Mehdian. “You acquire so much knowledge that you for students to study at each other’s campuses. What makes can’t possibly learn from staying home—international this opportunity different is that we ask our partners to place to share your experiences with current students experience observing how businesses operate in different our students not in their courses, but as interns at companies by speaking at one of our future trip information During their trip, students met with CEOs, managers and settings and styles of management that differ from that are their business partners. sessions. To get involved, call (810) 762-3160. other representatives of the companies visited, and made a what people are familiar with here. These study abroad trip to the German Stock Exchange. opportunities are an invaluable experience.” what life is like at the host university and an opportunity to communicate within the context of another culture. 11 International Internships In Wuppertal FALL ‘14 “Such an opportunity is especially beneficial for international business students, as it gives them the experience of living BUSINESS @ UM-FLINT 12 ALUMNI SPOTLIGHT Perseverance, PASSION AND PAYOFFS Prominent healthcare executive Kim Horn is no stranger to grit—“perseverance and passion for long-term goals” are two of the leading predictors of success. Throughout her life, Horn has worked relentlessly to Permanente, one of the country’s largest not-for-profit achieve the goals she set for herself. In fact, it was health plans, makes me feel both proud and fortunate.” perseverance in an ever-changing industry that led to her current position as President of the Kaiser Foundation Health Plan of the Mid-Atlantic States in Rockville, Maryland. exceeding $2 million annually. “While our mission is to help people, health care is a business,” said Horn. “It was one of my professors in “As a student at the University of Michigan-Flint, I the School of Management who helped me realize this. worked full time and took a full class load. This taught He coached me through my career options, eventually me self discipline, time management skills and the inspiring me to pursue health care over the automotive payoffs of working hard. It was this experience that industry. What I’ve discovered is that health care is shaped me into the person I am today—enjoying an rich with opportunities. I’ve worked with some of the amazing career that blends the dynamic world of most brilliant people in the world from several different operations management with helping people. I get to go fields.” lives and improving health in our country.” In addition to her career, Horn has spent the last 15 to 20 years devoting her time and talent to community, In her position of leadership, Horn oversees all aspects philanthropic and industry endeavors, especially those for Kaiser’s mid-Atlantic region, which serves more geared toward education, children’s health and making than 500,000 members and operates 30 medical communities more viable. centers throughout the District of Columbia, Northern Virginia and Maryland. Plan of the Mid-Atlantic States FALL ‘14 organization grew from 100,000 to more than 600,000 advice: ‘Make a plan, then work the plan,’ ” said Horn. home each day knowing that I played a part in saving 13 Health in Grand Rapids. Under her leadership, the members across the state of Michigan with revenues the plan’ often entailed a lot of hard work. President of the Kaiser Health as President and Chief Executive Officer of Priority “Early in my career, one of my mentors offered this “These words resonated. And, I learned that ‘working Kim Horn, UM-Flint BBA ’84, Prior to joining Kaiser in 2012, Horn served for 15 years “I encourage my daughters, Rachel and Alison, to devote about 20 percent of their time to service,” “What a remarkable time and place to be working in said Horn. “There comes a certain point in your the healthcare industry,” said Horn. “We’re currently career where you can give back—utilize your skills in the midst of accomplishing so much here in our and connections for something greater. I consider it nation’s capital. And, to be able to do it at Kaiser a privilege.” BUSINESS @ UM-FLINT 14 ALUMNI SPOTLIGHT KEEPING THE CONNECTION The University of Michigan-Flint has always held a special place in John Sullivan’s (’81) heart. He grew up a few blocks from campus near the College Cultural neighborhood and graduated from Flint Central. The downtown area became Sullivan’s second home as a “Taking on new challenges is what I enjoy most about young adult; it’s where he hung out, went to college and my career,” said Sullivan. “As many people who go into landed his first professional job. And, while he couldn’t accounting, I like to solve problems. And, I enjoy helping have known it at the time, that first job at Citizens Bank in other people solve theirs. In my new position as treasurer, downtown Flint started Sullivan on a career in the financial I look forward to working with my colleagues across the industry that would ultimately lead to his becoming U-M’s university to offer them the highest-quality financial services treasurer this past spring. and exemplary customer service.” Although he works from the Ann Before being hired at the University, Arbor campus, Sullivan continues Sullivan worked in the financial to stay connected to the UM-Flint industry for over 20 years. He earned campus through his job, and credits much of his success to the education he received there. “When I attended UM-Flint, it was much smaller than it is now, but I received an outstanding education. And, over the past few “When I attended UM-Flint, it was much smaller than it is now, but I received an outstanding education.” decades, I’ve witnessed its amazing Flint, an MBA in finance from UM and a JD from Wayne State University. “Experience has taught me not to be afraid of trying something new,” said Sullivan. “It leads to professional growth, new skills and an increased awareness of opportunities you may transformation,” said Sullivan. “The not have considered. Fortunately, I had campus has experienced tremendous the support of my wife Mary as I took growth—in terms of size, enrollment on new challenges—career changes and program offerings—and plays a valuable role as a catalyst in reviving downtown businesses and expanding opportunities locally.” and pursuing MBA and law degrees.” Sullivan is a father of six and, as a parent and graduate of UM-Flint, recognizes the value and many benefits of getting Sullivan was selected as U-M’s new treasurer after a an education at one of UM’s outlying campuses. In fact, two national search and was appointed by the Regents in March of his children have graduated from UM-Dearborn. He’s also 2013. Since 2000, he has worked at the University as the an active member of his local parish, St. Priscilla in Livonia, controller for investment accounting, with the responsibility where he serves on the finance committee and is a member of ensuring accurate accounting and reporting for billions in of the St. Vincent de Paul Society. cash and investments. 15 - John Sullivan his BBA in accounting from the UM- FALL ‘14 As a busy professional, Sullivan acknowledges that UM-Flint alumnus John Sullivan was named Treasurer of the University of Michigan in the Spring of 2014 balancing time between work and family can be a challenge. professors contributed most to developing a firm grasp Fortunately, he developed a strategy for this early in his of accounting,” said Sullivan. “I still remember one of my career as he juggled working full time and attending UM- professors making us memorize the definitions of debit and Flint to finish his accounting degree. credit. To this day, I can recite them verbatim and often ask “When I first started college, I wasn’t sure which career job candidates to define these terms. path to pursue,” Sullivan said. “So, I started working full “Another aspect I enjoyed most about UM-Flint was its Rec time at Citizen’s Bank across from campus and attended Center. As a student, I used the track and swimming pool school part time. Very quickly, I realized I needed to finish and, after graduation, I purchased an alumni membership so my degree if I wanted to succeed professionally, so I I could continue using the facility on a regular basis. returned to school as a serious and focused student. During my last semester, I took an educational leave from my job to finish my degree as a full time student. This allowed me to structure my day and approach school like a full-time job, so that I could fit in classes, homework and studying.” “While Flint is not without its challenges, I was fortunate to grow up in a city that presented me with so many opportunities to succeed. These past few years have seen remarkable growth in the Flint campus, which is so important to the Greater Flint area. In my new role as While Sullivan considers earning his degree at UM-Flint Treasurer for the University of Michigan, I look forward a significant milestone, what he treasures most were the to working with the UM-Flint campus and surrounding experiences he had as a student. community to make the future even brighter.” “I feel like the smaller class sizes and direct access to my “Taking on new challenges is what I enjoy most about my career.” BUSINESS @ UM-FLINT 16 ALUMNI SPOTLIGHT ALUMNI SPOTLIGHT 40 Years Som OF SOM 40TH ANNIVERSARY BUSINESS PLAN COMPETITION — $5,000 GRAND PRIZE ‘THE ECONOMIC FORUM’ PRESENTED BY SOM & THE FLINT ROTARY 1st Round: December 6, 2014 | 2nd Round: May 19, 2015 December 12, 2014 | 11:30 a.m. | Northbank Center Ballroom Location: 1 Riverfront Center W, Flint, MI 48502 432 N. Saginaw St, Flint, MI 48502 Deadline to Register: November 18, 2014 In 1975, the School of Management was established as the first professional school on the University of Michigan-Flint campus. This academic year marks the school’s 40th anniversary. Learn about the state of U.S. and World Economics from The University of Michigan SOM faculty and other expert panel members during Flint’s School of Management this annual event hosted in partnership with the Rotary invites all UM-Flint students Club of Flint. and alumni to compete for a cash prize and resource package in the school’s 40th Anniversary Business Plan Over the past 40 years, the School of Management has evolved from a regional college into a nationally recognized institution known for providing high-quality business educations to domestic and international students alike. With recurring top 50 rankings in Bloomberg BusinessWeek’s “Best Part-Time MBA Programs,” and regular inclusion in The Princeton Review’s “Best Business Schools” annual publication, the School of Management continues to build its reputation as an engaged, international hub for business education. In celebration of our 40th anniversary, the School of Management will be hosting a number of events throughout the academic year, just a few of which are outlined to the right. Visit the School of Management website at www.umflint.edu/som for additional details about these and Competition this winter. The $5,000 cash 1st place SOM ALUMNI AT THE GO BLUE TAILGATE & HOMECOMING FOOTBALL GAME 1202 S. State St, Ann Arbor, MI 48104 1975 1956 University of Michigan-Flint established under original name of The Flint College of the University of Michigan; Bachelor of Business Administration (BBA) program begins 17 FALL ‘14 1981 Master of Business Administration (MBA) program begins put toward the implementation of the winning business Management and the history and traditions of Michigan Football by participating in the biggest pre-game tailgate in Ann Arbor. event takes place from 11:30 a.m. to 1:30 p.m. with a lunch buffet served at 11:30 a.m. followed by the program beginning at 12:00 p.m. outlined later this year. Event admission is $10 per person, which includes lunch. The competition, the first of its kind hosted by SOM, will consist of two rounds — a preliminary elevator pitch round, where teams outline their business idea in three minutes For tickets or more information, please contact Kristin Arntz at [email protected] or 810.762.3253 by December 8, 2014. The School of Management will have a reserved or less, and a final round in May 2015, where the finalists section for our alumni to enjoy spirited will present their full business plan. To be eligible, all entertainment by some of Michigan’s great teams must include one or more actively enrolled UM-Flint student performance groups, games and activities students. The first 40 teams to register before the October Remember to visit the SOM website frequently for children of all ages, appearances by university 18 deadline will be guaranteed a spot in the first round. to find out about additional anniversary events: leaders, and, as always, a memorable performance by the mighty Michigan Marching Band. In partnership with the UM-Flint Innovation Incubator program, workshops will be provided to support teams Contact Anna Swartz about complimentary selected for the final round. Workshop dates and details tickets to the Tailgate party by email at annas@ will be released later this year. Visit the SOM website at umflint.edu or by calling (810) 762-3160. www.umflint.edu/som to register or for additional UM-Flint receives AACSB accreditation in business administration SOM moves to the William S. White Building; SOM organizes first faculty-led study abroad program to Russia Number of tenured business faculty grows to 10; SOM signs first dual degree program agreement with Tamkang University of Taiwan 1992 2002 2006 2001 First year of the Netplus! MBA program www.umflint.edu/som contest details. other events to be announced in coming months. The School of Management (SOM) is established as a separate academic unit Ballroom at 432 North Saginaw Street, Flint, Mich. The Pharmacy, is contingent upon the prize money’s being idea. Complete details on the resource package will be Celebrate the anniversary of the School of of Flint invite you to “The Economic Forum” on Friday, December 12, 2014, in the Northbank Center Grand prize, provided by event sponsor Diplomat Specialty November 1, 2014 | 12:30 p.m. | Oosterbaan Fieldhouse The School of Management (SOM) and the Rotary Club 2005 Online Bachelor of Business Administration program begins SOM signs its first student exchange agreement with Zagreb School of Economics and Management of Croatia 2009 2008 Number of full-time business faculty grows to 20 SOM moves to the Riverfront Center in January; Master of Science in Accounting (MSA) program begins; Number of international business students reaches 100+ in Fall; Business students participating in Business internship program exceeds 50 2012 2010 First time the MBA program is recognized among top 50 part-time programs in the U.S. by Bloomberg BusinessWeek TOP BUSINESS @ UM-FLINT 18 COMMUNITY ENGAGEMENT COMMUNITY ENGAGEMENT ENGAGED LEARNING Habitat for Humanity and Entrepreneurs Society Work/Live Concept Garners International Recognition “The Entrepreneurs Society is deeply invested in the Humanity as they build the houses.” future of our city,” said Witt. “We don’t want to see empty storefronts. We want to encourage businesses that will Student Perspectives University of Michigan-Flint’s Entrepreneurs Society and Genesee County Habitat for Humanity has evolved into an international prototype that is building hope in communities around the world. The Work/Live program for everyone—the new owners of the homes/businesses, our students, Habitat for Humanity and neighboring local will include a tabletop gaming business. residents/businesses. We’ve broken new ground with Emily Hoffman, a senior marketing student and member communities around the world.” The local Work/Live project and Habitat International’s owners Tyler Bienlein and Scott Hempel to share the Work/Live program is funded in part by MasterCard organization’s advice toward their business plan and through Habitat’s Neighborhood Revitalization Initiative. insights on how to market to their target audience. MasterCard recently announced it is providing an in the community (as an active way of addressing poverty resource for all UM-Flint students,” said Hoffman. “The housing issues) by including space for functional and survey was then distributed to the students at UM-Flint, profitable home-based businesses under the guidance and Mott Community College, Baker College and Kettering recommendations of the Entrepreneurs Society. University. “This is the first time anything like this has been done at “After we received the results, I reviewed them and shared United States,” said Margaret Kato, Executive Director this model, and we look forward to sharing it with other research analysis for the business. She met with future “First I created a survey using Qualtrics, which is a great School of Management students at work on the first Work/Live project the neighborhoods where they’re located. It’s a win-win developing plans with the future owners of a house that expands upon Habitat’s current model of building homes any of our 1,000 Habitat for Humanity locations in the be viable and best serve the community and, specifically, Currently, the Entrepreneurs Society is in the process of of the Entrepreneurs Society, was in charge of market What started as a local collaboration between the additional $90,000 grant to the Genesee County HFH, and a total of $400,000 in grants to be awarded to five HFH affiliates in MasterCard target markets that will replicate the model created by Genesee County HFH and the UMFlint Entrepreneurs Society. my findings with Tyler [Bienlein] and Scott [Hempel]. This information changed the way they saw their customers FOR MORE INFORMATION about the Entrepreneurs Society, visit at Genesee County Habitat for Humanity. “In fact, it through with the homes/businesses after they are up and and helped them alter some of the ways they planned on has been so successful, Habitat International is sending running. The first Work/Live house was completed near 5th conducting business, specifically their hours of operation. representatives from other locations around the globe to and Stockton streets in the summer of 2012, with plans for Properly preparing new business owners on what to Flint to see how we’ve implemented the program here. six more projects to be completed in coming years. expect after opening day is integral to their success. I am The Genesee County Habitat for Humanity can be still in contact with Tyler and Scott, and plan to assist found at http://www.geneseehabitat.org. Flint will be their training ground. “The Work/Live program has provided our students http://som.umflint.edu/esofumf/. them with their future questions, as will all members of “Our partnership with the Entrepreneurs Society was with experiential learning—a real world opportunity to critical to the success of this project. While Habitat reinforce what they’re learning in the classroom,” said oversees the construction of these functional homes, we Professor Michael Witt, PharmD, JD, faculty advisor to the relied on the students’ business knowledge and expertise Entrepreneurs Society and Entrepreneur in Residence/ to help ensure that the businesses going into these homes Lecturer at UM-Flint. Planning for the Future of Flint and Beyond “Our students are involved in each step of the process, Beyond providing living space for the owners and as mentors to our student members, who are full from researching the needs of the community to assisting commercial space for their businesses, Work/Live houses of innovative ideas and eager to pursue them. Experiential Learning through Community Engagement with the construction itself. They research census data, have the potential to increase employment and income Send an email to Entrepreneurs-Society@umflint. conduct surveys, and examine demographics to determine opportunities for lower income families. On a larger scale, edu or attend one of our weekly meetings to see As part of the Work/Live program, students in the what type of business would be the most viable for a they can help to strengthen neighborhoods while making how you can get involved with projects like the Entrepreneurs Society engage with potential owners (and specific neighborhood. Then they develop a plan and them safer. Witt believes projects like these are what our groundbreaking Work/Live program. members of the community) to plan, construct and follow recruit executives to develop the business. Finally, many community needs moving forward. would be successful.” 19 of the students serve as volunteers to assist Habitat for FALL ‘14 Entrepreneurs Society.” Alumni, we need you! You are invited to serve BUSINESS @ UM-FLINT 20 COMMUNITY ENGAGEMENT CONTINUED TRADITION: UM-Flint Students Provide Free Tax Preparation During the 2014 “tax season,” 35 accounting students from UM-Flint spent their Saturdays in February and March at the Flint Public Library providing free tax filing services to the public. The students assisted a total of nearly 700 local taxpayers who qualified for the program (low income families, elderly adults and disabled adults). They also spent two Saturdays in April on campus in the Riverfront Building classrooms assisting nearly 200 additional local taxpayers. Entrepreneurs Society Spreads H LIDAY CHEER to Local Children/Families Together with the Student Veterans Association and Toys that can not afford, or have not had the opportunity, for Tots, the UM-Flint Entrepreneurs Society organized a to have a family portrait taken. The concept was campus event, Pictures for Presents, that coincided with designed to not only help Toys for Tots, but to help the the city’s holiday parade community as well.” in early December 2013. By offering free holiday portraits in exchange for toys or monetary donations that went to the local marines’ Toys for Tots This filing service is offered as part of the volunteer As part of the VITA program, students provided free program, the five-hour event brought in income tax assistance (VITA) program, a national basic income tax return preparation with electronic 50 donations and provided holiday effort organized by the Internal Revenue Service. Prior filing and informed taxpayers about special tax credits photos for 17 families. to participating in the program, students received for which they may qualify such as Earned Income Tax training in tax preparation through the Income Tax Credit, Child Tax Credit, and Credit for the Elderly or Preparation course (ACC 325) taught by Cathleen Miller, the Disabled. In addition to the federal tax preparation, Bryon Killin and his wife Natalie, Ph.D., associate professor of accounting in the School of the students complete the State of Michigan and City professional photographers and Management. Professor Miller trained the students and of Flint tax returns for free. For several taxpayers, the owners of Timeless Surroundings in oversaw their work during each tax preparation session. State of Michigan Homestead Property Tax Credit and Clio. The Killins, who opened their web- Home Heading Credit were the only credits available and provided much-needed income for these taxpayers. Serving as organizers and photographers at this event were based studio (www.timelesssurroundings. net) earlier in 2013 under the guidance and assistance of the Entrepreneurs Society, saw this as an opportunity to give back. In addition to promoting students’ engagement in the community, the Pictures for Presents event served as experiential learning—a real world opportunity for students to apply what they’re learning in the classroom. “Pictures for Presents taught me a lot about how to market an event, and that location plays a major role in the success of any public event,” explained Killin. “To promote the event, we [the Entrepreneurs Society] wrote and distributed press releases to local media outlets, while the Student Veterans Association walked in the parade and handed out leaflets to attract people who were already in the downtown area, and we ran a large advertising campaign on the UM- “The idea for this event was a joint concept of my wife Flint campus. Our marketing efforts garnered a radio Annually supported by Beta Alpha and myself,” said Killin, junior accounting student interview on AM 1570 with Lou Lobsinger, multiple Psi, the accounting and finance and director of marketing/public relations for the radio promotional spots on 103.9 FM, and television national honor fraternity at Entrepreneurs Society. “We know many people who spots on WJRT 12’s “Mug Shots” as well as WNEM 5’s UM-Flint, the free tax assistance have benefitted from the Toys for Tots program in “Weekend Outlook.” program has offered help with the past, and it is a charity that is dear to both of our filing taxes since the late 1960s. This tax season, Professor Miller received funding for the hearts. Children deserve the experience of opening a toy on Christmas, the joy of feeling special, and the love of someone who cares. The photo idea seemed to click almost immediately. program from the new UMFlint Civic Engagement Course “The turnout for the event was not as large as we had hoped, but we identified a number of ways we can improve next time. We are looking at making this an annual event and are brainstorming ideas to generate more buzz in the community.” “There are many people in the Flint community Implementation Grant Program and the School of Management. 21 FALL ‘14 “We know many people who have benefitted from the Toys For Tots program in the past, and it is a charity that is dear to both of our hearts.” - Bryan Killin NEW FACULTY & STAFF NEW FACULTY & STAFF Phil Longstreet, Ph.D. Amy Maynard Phil Longstreet, Ph.D., joined the School of Management in 2013 as an Assistant Professor in Information Systems. Amy Maynard joined the School of Management in 2013, with 15 years of experience in Accounting and Finance within Phil received his B.S. in Production Operations Management & Information Systems at the University of Idaho, the Defense and Aerospace and Music Distribution industries, and holds a Bachelor of Accountancy degree from Walsh his MBA from Idaho State University, and his Ph.D. in Management Information Systems from Washington State College. Most recently, she was employed at DRS Technologies in Madison Heights as Division Financial Analyst/ University. Phil’s notable industry experience includes working as Director of Technology for Cagnor Homes Inc. Manager for six years and, prior to DRS, at PD Systems, Inc., as a project analyst for more than a year. Assistant Professor of Management Information Systems Business Manager and Manager of Quality Assurance at Workscape Inc. Phil’s research has been published at prestigious conferences including Americas Conference on Information Systems and the Hawaii International Conference for System Sciences. Phil is actively researching in e-commerce visual appeal, computer selfefficacy and technostress. Qunfeng Liao, Ph.D. Assistant Professor of Accounting Qunfeng Liao, Ph.D., is a new member of the School of Management faculty beginning in the fall semester 2014. Keith Kelley, Ph.D. Qunfeng earned her Ph.D. in Accounting from the University of Texas at Arlington, where she also taught undergraduate courses in financial and managerial accounting before relocating to Flint. Qunfeng completed her master’s in finance Assistant Professor of International Business at Hunan University in China, and received her bachelor’s in accounting from the same. Her research interests include Dr. Kelley received his Ph.D. in Business Administration from Florida International University in Miami, Fla., earnings management, corporate governance and financial reporting. alongside a Master’s degree in International Business. He also holds a Bachelor of Science degree in Business Administration & International Affairs from the University of New Hampshire in Durham, N.H., and has more than five years of experience teaching subjects including international business, strategic management, global strategy and entrepreneurship. His research focuses on the performance outcomes of international diversification strategies, such as firm reputation, and has been presented at major conferences such as the Academy of Management, Academy of International Business, and the Strategic Management Society. Professionally, he has worked in various capacities for small, medium and large enterprises in the service industry for more than 20 years. Antonio Riggs Student Services Coordinator Antonio Riggs joined the School of Management as Student Services Coordinator in January 2014. Previously, Antonio served as a career advisor at Delta College, as well as the Student Judicial Officer, Title IX Committee Member and MyAlert Advisor. He was also employed as the Director of Residence Life at Kettering University, Housing Director at Northwood University, and as a Job Search Instructor, working with adult learners, for SVRC Industries, a nonprofit organization. Antonio graduated from Saginaw Valley State University (SVSU) last year with a Specialist in Educational Leadership, and received a Master’s of Arts in Leadership – Student Affairs Administration in 2010. As an alumni member of Phi Beta Sigma Sima Fortsch, Ph.D. Fraternity, Inc., he currently serves as President and Membership Intake Chair of the Zeta Gamma Sigma Chapter. Assistant Professor of Operations Management Sima Fortsch holds a Doctorate in Supply Chain & Operations Management with a minor in Industrial Engineering from the State University of New York at Buffalo (UB), where she won the Graduate Student Excellence In Teaching Award in the year 2012. Prior to joining UM-Flint, Dr. Fortsch taught: Strategic Management, Supply Chain & Global Operations (UB), Managing New Product and Process Development (Rochester Institute of Technology, RIT), Statistics, Contemporary Economics, and Principals of Management (State University of New York at Brockport). Her research interests are in the area of Supply Chain and Operations Management using Econometrics, Statistics and Meta-Analysis tools. Prior to receiving her Ph.D., Sima Fortsch worked in several industries at companies including Eastman Kodak and Proctor & Gamble corporations. Min Jung Kang, Ph.D. Assistant Professor of Finance Min Jung Kang earned her Ph.D. in Finance from Michigan State University in 2012. As an instructor at MSU, Min received the “Excellence in Teaching” award for the 2009-2010 academic year. Her MBA, with concentrations in Finance & Strategy and Management was completed at the KDI School of Public Policy and Management, Seoul, South Korea. Her research interests include corporate finance and governance, and CEO turnovers and compensation. Her professional experience includes positions for HSBC and Korea International Trade Association (KITA), in Seoul, South Korea. 23 FALL ‘14 BUSINESS @ UM-FLINT 24 FACULTY RESEARCH Greg Laurence, Ph.D., Assistant Professor of Management “Breaking the Rules” to Gain a Competitive Advantage Feeling uninspired or emotionally exhausted at work lately? Maybe it’s because your workspace doesn’t have the right amount of “you” in it. For a business, the ability to recognize and respond to the forces at work in the world can lead to unprecedented success or an “Out of Business” sign on the door. Syagnik (“Sy”) Banerjee, Ph.D., Associate Professor of Marketing On-the-go shopping - A shopper’s mobility paradox Mobile phones are everywhere. Their potential to conveniently connect you to anyone, anywhere, at anytime have helped them become the fastest adopted consumer technology in the history of the world. So, why is 80 percent of mobile usage still taking place within the home? Asked about his study’s findings, Banerjee said, “Some customers have no problem searching for information on the go, but they would not make purchases or transactions because of concerns they had about network security. Those who felt more comfortable shopping anytime/anywhere were also more open to receiving ads via mobile devices than situated users. Marketers could use these insights to segment and target their mobile customers and campaigns accordingly.” Brian Blume, Ph.D., Associate Professor of Organizational Behavior & HR Management Breaking Down the Barrier of Communication Apprehension When commenting on the results of a study that identified the greatest fears among Americans, comedian Jerry Seinfeld joked, “At a funeral, more people would rather be the guy in the coffin than the one delivering the eulogy.” Fear of public speaking ranked higher on the list than death itself. “My studies indicate that CA can prevent otherwise highly-capable individuals from reaching their full potential,” said Blume. “Most research from the communication literature focuses on reducing CA in the context of a speech or presentation. However, the ability to overcome CA in a team setting and in a one-on-one conversation is likely to influence practices that are important for both business students and working professionals.” Yener Kandogan, Ph.D., Associate Dean and Professor of International Business How international trade and investment impacts market concentration Yener Kandogan, Ph.D., associate dean and professor of international business for the School of Management, examines data from 168 countries to explore the impact of globalization (and other factors) on economic activity. “What I found is that international liberalization alone (the process of globalization) does not necessarily cause economic agglomeration or the development of mega cities. Other factors, such as the size of a market and its level of economic development, also play significant roles,” he said. “The results suggested that less developed countries with small markets tend to have more concentrated economic centers, and that globalization leads to more concentration for developed and smaller countries.” FALL ‘14 Erin Cavusgil, Ph.D., Associate Professor of Marketing Workspace personalization and its impact on professional success “Workspace personalization is far more complex and beneficial to individuals and organizations than we previously realized,” said Laurence. “Freedom to express one’s self through particular symbols in the professional environment serves a purpose in employees’ relationships at work and can inspire them to achieve more of their goals. The research tells us that in the interest of employee performance, organizations should avoid placing heavy constraints on how people customize their cubicles and offices.” 25 FACULTY RESEARCH In the article, “A Perspective on Destruction Regeneration in International Marketing,” Erin Cavusgil examines how the global business landscape has changed in recent decades and how this affects companies searching for a leg up on the competition. “As academics, we need to take a closer look at how our fields have evolved over the years—to better understand the current status and predict future outcomes,” said Cavusgil. “The article identifies the ways the global landscape has changed in recent decades and how these changes impact corporations as they search for competitive advantage.” Syagnik Banerjee “Assessing Prime-Time for Geotargeting with Mobile Big Data” Journal of Marketing Analytics Peter Bush “The Monday Effect in the DJIA and its Component Stocks: A Three period Comparative Analysis from 1962 through 2012” Global Business and Finance Review (*with Seyed Mehdian) Erin Cavusgil “Complements or Substitutes? Internal Technological Strength, Competitor Alliance Participation, and Innovation Development” Journal of Product Innovation Management “Developing Strategic Supplier Networks: An Institutional Perspective” Journal of Business Research “Integrating Global and Local Procurement for Superior Supplier Working Relations” International Business Review “Does IT Alignment between Supply Chain Partners Enhance Responsiveness and Customer Value Creation? An Empirical Investigation” Industrial Marketing Management Thomas Hemphill “The ISO 26000 Guidance on Social Responsibility International Standard: What are the Business Governance Implications?” Corporate Governance: The International Journal of Business in Society “The Obama Innovation Strategy: How will it Influence U.S. Corporate Innovation an R&D Management?” Innovation: Management, Policy & Practice “The U.S. Food and Drug Administration and New Drug Approvals: A Safety vs. Innovation Paradox?” Innovation: Management, Policy & Practice “The Global Food Industry and Creative Capitalism: The Partners in Food Solutions Sustainability Model” Business and Society Review “The U.S. Advanced manufacturing Initiative: Does it Translate into an Innovation or Industrial Policy?” Innovation: Management, Policy & Practice “Wholly Owned Foreign Subsidiary Relation-Based Strategies in Volatile Emerging Markets” International Business Review “Professional Boards: An Assessment of Pozens Corporate Governance Model” International Journal of Law and Management (*with Greg Laurence) Yener Kandogan “Globalization and Shifting Economic Center of Gravity” Thunderbird International Business Review “The Effect of Foreign Trade and Investment Liberalization on Spatial Concentration of Economic Activity” International Business Review Peeth Kartha “On impact of ISO9000 Certification on Organizations” Journal of American Academy of Business Greg Laurence “Is Resistance Futile? Acculturation and Disadvantage Theory in Immigrant Entrepreneurship” Journal for International Business and Entrepreneurship Development “My Space: A Moderated Mediation Model of Architectural Privacy and Experienced Privacy and Workspace Personalization on Emotional Exhaustion at Work” Journal of Environmental Psychology “Fiscal and Financial Stability in Romania: An Overview” Transylvanian Review of Administrative Sciences “Changes in Investors’ Reactions to Uncertainty in CEE Emerging Markets after the 2008 Financial Crisis” Transformations in Business and Economics “The Relationship between Job Complexity and Abdominal Obesity: A Longitudinal Study” Journal of Occupational Health Psychology “The Impact of Internet Banking on Performance of Romanian Banks: DEA and PCA Approach” Procedia: Economics and Finance “Diplomas, Photos, and Tchotchkes as Symbolic Self-Representations: Understanding Employees’ Individual Use of Symbols” Academy of Management Journal “The Monday Effect in the DJIA and its Component Stocks: A Three period Comparative Analysis from 1962 through 2012” Global Business and Finance Review (*with Peter Bush) “Professional Boards: An Assessment of Pozens Corporate Governance Model” International Journal of Law and Management (*with Thomas Hemphill) Weiqi Li “Constructing a Solution Attractor for the Probabilistic Traveling Salesman Problem through Simulation” Advances in Intelligent Systems and Computing 227: EVOLVE – A Bridge between Probability, Set Oriented Numerics, and Evolutionary Computation “The Solution Attractor of Local Search in Traveling Salesman Problem: Concept, Construction, and Application” International Journal of Metaheuristics Seyed Mehdian “The Impact of European Integration on Efficiency and productivity Growth of Romanian Banks” Engineering Economics “An Empirical Analysis of the Diffusion of Information across Stock Markets of Central and Eastern Europe” Prague Economic Papers (*with Mark Perry) Mark Perry “An Empirical Analysis of the Diffusion of Information across Stock Markets of Central and Eastern Europe” Prague Economic Papers (*with Seyed Mehdian) Jacob Peng “Fraudulent Expense Reporting: Impact of Manager Responsiveness and Social Presence” Journal of Applied Accounting Research “Recommendations for Implementing Short-Term, Multi-Country Business” Journal of International Business Education BUSINESS @ UM-FLINT 26 DONOR RECOGNITION Learning Through Service: New Scholarship Supports Student Participation in Community Engagement Activities Education and service—these two values are frequently at the heart of family discussions in the home of Carroll G. Baker, Sr. (B.A., ’70), his wife Kimberly Roberson (MPA, ’92; MSW, ’95; Ph.D., ’99), and daughters Madeline (15) and Molly (13). The family’s commitment to education and service is what inspired them to establish the Baker-Roberson Service Scholarship Fund in support of students who are making a difference in their communities. “While academics are important, I’ve found that some of the most meaningful experiences happen outside the classroom,” said Baker, a practicing CPA and founding partner of Fromholz, Paauwe & Baker, PC, a Flint-based accounting “The Baker-Roberson Service firm established in 1977. “As a student at the old Flint Jr. College (now Mott Community College), I was President of Student Government and Vice President Scholarship provides not of the Student Union. Service projects and involvement in organizations are what only financial support, but experience to be invaluable in my work life.” also an incentive for our students to learn through service. Being engaged in the community through this scholarship will help develop students into future community leaders.” - Scott D. Johnson, Ph.D. helped me apply what I learned in my classes. Over the years, I’ve found this Even as a busy accounting professional, Baker has actively served on the boards of several community organizations, including United Way, Chamber of Commerce, Leadership Flint (now part of Resource Genesee) and The Community Foundation. He met Roberson through the Genesee Valley Rotary Club. Roberson is program director of the Flint Area grant making team at the C.S. Mott From left: Daughter Molly, Kimberly Roberson, daughter Madeline, Carroll G. Baker, Sr. Foundation. She received her doctoral degree from the Rackham Graduate School at the University of Michigan and has taught classes on the UM-Flint campus service gives students an opportunity to think and where her father M. Joseph (Joe) Roberson (former athletic director at Michigan) immerse themselves in what they’re learning through served as interim chancellor. service projects instead of working long hours at a parttime job. We have close ties with UM-Flint and believe it Adding to the impact of the couple’s gift was the C.S. Mott Foundation’s generous provides a high quality education that is a first choice for matching program. While it is not unusual for employers to match the charitable a lot of people. We are happy to support the Flint campus gifts of their employees, the Foundation’s 3:1 match significantly increased the and its students.” amount of the recently established scholarship. 27 FALL ‘14 Management faculty-advised program. “Service to the community has become increasingly important for business leaders,” said Scott D. Johnson, Ph.D., Dean of the School of Management. “The BakerRoberson Service Scholarship provides not only financial support, but also an incentive for our students to learn through service. Being engaged in the community The Baker-Roberson Service Scholarship Fund through this scholarship will help develop students into “Assistance like this can really make a difference in someone’s life,” said provides a scholarship stipend for selected accounting future community leaders.” Roberson. “A scholarship can be the deciding factor in keeping a student in students’ “learning through service” projects with school—allowing them to pursue their dreams. Combining a scholarship with an area non-profit organization or a School of BUSINESS @ UM-FLINT 28 DONOR RECOGNITION HONORING FAMILY, Giving Back to the Community Local entrepreneur establishes SOM’s first faculty excellence award in his father’s name Avid pilot, competitive sailor, successful entrepreneur. Winfield (“Win”) Cooper, III, attributes many of these extraordinary accomplishments to lessons he learned from his father Winfield L. Cooper, “The Elder,” a prominent real estate professional/educator who recently retired after an outstanding 50-year career. This past fall, Cooper decided to honor his father by establishing the School of Management’s first faculty award in his name, the Win Cooper Faculty Excellence Award. Grandson (and co-pilot) Gabriel “We were watching Michigan play down at the Big House recognize and help retain faculty who are already doing an when I told him the news,” said Cooper, CEO of Cooper outstanding job and possibly even recruit new professors to Commercial Group, Ltd., a commercial real estate business the Flint campus. based in Flint. “Plus, the Greater Flint area is my community. It’s where I “He was obviously pleased that I chose to honor him in this live and work, and it has been good to me. Supporting local way. And, it made him feel good to know how significant he education and the future of our children is essential. My is to me—not only as a father, but also as my mentor. I have grandson Gabriel is 7. He is a ray of sunshine to me and my such amazing memories of him and how he’s impacted each wife Jodie. If anything else, you’ve got to give back for your stage of my life. I’m glad I had the opportunity to do this for kids—your grandkids.” him while he’s still alive.” The Win Cooper Faculty Excellence Award will be awarded In addition to a strong entrepreneurial spirit and passion for to two tenured faculty in the School of Management for sailing the Great Lakes, both father and son share the desire a three-year period. The operating stipend may be used to give back to their communities. Cooper earned his B.A. and for professional growth and development (not part of From left: Win Cooper, III, his father Win Cooper “The Elder,” mother Carol, and wife Jodie MBA from the University of Michigan in Ann Arbor, yet he salary). Criteria will be based on the professors’ abilities to chose to make his gift to the Flint campus, where he serves demonstrate extraordinarily fine teaching skills and produce on the School of Management Advisory Board. distinguished intellectual contributions. “From discussions I had with the dean and other members “Retaining and recognizing our outstanding faculty is the of the board, I knew this type of gift would have a much key to creating an excellent business education for our greater impact in Flint than it would in Ann Arbor,” Cooper students,” said Scott D. Johnson, Ph.D., Dean of the School explained. “I decided to establish an award for faculty, of Management. “I am grateful and elated that Win Cooper because I know how important it is to have strong leadership has chosen to invest in the School of Management. His in the classroom. My father taught courses and served as leadership demonstrates a commitment to our students and Education Chair at the Great Lakes Chapter of the Appraisal to the community.” Institute for several years. Our hope is that this award will 29 FALL ‘14 BUSINESS @ UM-FLINT 30 DONOR RECOGNITION DONOR RECOGNITION Dear friends, 2013 was a good year for the School of Management in fundraising efforts. Our sincerest thanks to all who have made a gift! As an alumna of SOM, it is my pleasure to work with such a committed alumni base and community members who support the great efforts of our students, faculty and staff. C ON TA C T I N F O : Development and Alumni Relations University of Michigan-Flint 1001 Northbank Center Flint, MI 48502 Desk: 810.424.5480 Cell: 810.577.2173 Email: [email protected] Of particular note, the 2013 calendar year brought our first ever faculty award, The Win Cooper Faculty Excellence Fund, which provides support for professional growth and development to faculty who exhibit excellence in teaching. SOM also received our first scholarship dedicated to students committed to service in our community. The BakerRoberson Service Scholarship Fund aims to reduce students’ financial burden, allowing them more time to participate in service related activities. This is just a glimpse of the full story. Please feel free to contact me directly if you have any questions. I would also be pleased to assist you in exploring how you can support the School through a donation or by utilizing your talent to engage with students in a meaningful way. Our fundraising effort is young, please know that a gift at any level can make a difference! Sincerely, Melissa Stephens-Farrell P.S. You can also make a gift through the School of Management website at www.umflint.edu/som by clicking on the “give online” button. Fundraising Highlights: Nearly $66,000 was available to award to School of Management students this past year in scholarships. This represents 18 scholarship funds. It should also be noted that three new scholarships were established in 2013: The School of Management would like to thank our donors for their tremendous support for calendar year 2013 (January 1 – December 31, 2013). The School of Management DONOR HONOR ROLL: EXECUTIVE LEVEL ($15,000 and above) John and Kathleen Heitmann PricewaterhouseCoopers DEAN’S CIRCLE ($5,000 – $14,999) Carroll Baker, Sr. CPA, MST and Dr. Kimberly Roberson Charles Stewart Mott Foundation Win and Jodie Cooper Cooper Commercial Group LTD Pamela J. Devon, BBA, MBA Dr. Scott D. and Mary T. Johnson PARTNER LEVEL ($1,000 – $4,999) Stephen Bolerjack and Susan Gasparian Jennifer and Andrew Flagel Cathleen Hale Cathleen L. Miller, PhD, CPA OLV Investment Group, Inc Rick and Michele Tromble • The Oliver, LaGore, VanValin Investment Group Scholarship • The Pamela Hernandez Devon Scholarship • The Cathleen Miller, Ph.D., CPA Accounting Scholarship Total Gifts for 2013: $80,431.00 ALLOCATION OF GIVING: 67% toward endowed and non-endowed scholarships 67% 15% 12% 6% 15% t oward strategic initiatives (gifts made to the Excellence Fund) 12% toward faculty support 6% t oward program support (gifts made to the accounting fund, study abroad, NetPlus) School of Management Endowment December 31, 2012 – Total market value of the SOM Endowment: 31 FALL ‘14 December 31, 2012 - $1.24 million $1.24 million December 31, 2013 – $1.42 million SUPPORTING LEVEL ($500 – 999) Michael and Nancy Frawley David and Diane Gibbons Michelle Goff and Kevin Kruszewski Robert and Annie Joubran Marcus and Suzanna Holzer Teresa Irland-Munley and Michael Munley Paul Wenstrom, CFP, CIMA, CRPC and Janet Wenstrom CONTRIBUTOR LEVEL ($100 – $499) American International Group Richard and Kathleen Bacha Bank of America Bank of America Foundation Robert Beauchamp Freddie and Phyllis Bridges Cheryl and Robert Catton Timothy and Mary Caughlin Mark and Laura Chal Joel Churches William and Virginia Churchill Louis Ciccone Consumers Energy Company Consumers Energy Foundation Elaine Couturier Matthew and Cheryl Delecki Barbara and Jerry Ellis Shahram Esfahani Cynthia Fairgate Ed and Melissa Farrell Richard Fortner Eric and Lauren Gasper Gregory Gates Clifford and Alice Hart Jackson National Life Insurance Dr. Yener Kandogan Kellogg Company Kellogg’s Corporate Citizenship Fund Marilyn and Curtis Kimball Herbert and Mary Kops Ken Leslie, CPA Steven and Sandra Light Heidi Lund M.P.A. Group, LTD. James Mitchell Plante and Moran Theodore and Genevieve Nelson David A. Page, CPA James Rau Joseph Reynolds Emil and Nancy Sabolish Stephen and Maribeth Shaheen John and Lynda Simpson Catherine Sluys Michael Torrey Melody and Richard Warzecha Charles Wyse DONOR LEVEL (UP TO $99) Jason Bristol Michael and Laura Burke Julie Byrd Anthony Caldwell Sharon Leaman-Case and David Case Nancy and Raymond Collins Egas and Jill DeSousa Charles and Megan Gearing Carl Gretzinger George and Christy Harburn Richard Harmon Linda Hrcka Ying Huang and Min Ye John Hubbard Stephen and Janet Jacobson Ashley Johnson Ellen and James Klobuchar Steven and Elizabeth Kramer Ryan Kuyawa Linda and Randy Leach Gerard Lilly Anthony Macksoud and Linda White-Macksoud John and Patricia Marquardt Scott Maxson Timothy Meyer Connie Palmer and John Hemingway William and Shannon Peterson Robert and Marilyn Ringler James and Rebecca Roberts Tomas and Veronica Rose Michael and Bernice Shegos Kelvin Tippit Tracy and David Truchan Richard and Pat Utley Catherine and Thomas Washabaugh Alan Wilson Jed and Paula Winters BUSINESS @ UM-FLINT 32 ADVISORY BOARD MEMBERS ADVISORY BOARD COMMITTEES: Development and Membership Committee Cliff Hart Teri Irland Munley Ken Leslie Kevin Shaw Melissa Stephens-Farrell Strategic Planning Committee Michael Burke Win Cooper Scott Johnson Bob Light External Partnerships and Marketing Committee Janice Karcher Preston Means John Potbury Sheila Smith David Stickel Curriculum and Student Professional Development Committee Brian Blume Mike Frawley Cathleen Hale Larry Nichols Paul Wenstrom (faculty representative) Teresa Irland Munley Advisory Board Chair Retired, Senior Vice President Huntington National Bank Michael J. Burke, Jr. President, CSB Bank Bruce J. Cady President and CEO, Lapeer County Bank and Trust Co. Winfield L. Cooper III President, Cooper Commercial Group, Ltd. Sam Cox Owner McDonalds Erik Eastman VP of Marketing Eastman Outdoors Mike Frawley Principal Partner Yeo and Yeo A. William Golling President Golling Chrysler Jeep Dodge, Inc. Cathleen Hale Clifford H. Hart Attorney Law Office of Clifford H. Hart Michael Rachor Advisor Ranchor Investment Advisory Services, LLC Yener Kandogan Associate Dean, SOM University of Michigan - Flint Sheila Smith Convention Sales Manager Flint Convention & Visitors Bureau Janice Karcher Vice President Genesee Regional Chamber of Commerce Melissa Stephens-Farrell Development and Alumni Relations, SOM University of Michigan-Flint Ken Leslie Managing Partner Plante & Moran, PLLC David G. Stickel Retired First Merit Bank Preston Means President/CEO Accu-Shape Die Cutting, Inc. Paul Wenstrom First Vice President Investments Merrill Lynch Larry Nichols Executive in Residence/ Consultant University of Michigan - Flint John Potbury Special Assistant Prosecuting Attorney Genesee County Prosecutors Office Samuel Winegarden Executive Director GM Powertrain Headquarters
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