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TION COLLEGE OF BUSINESS ADMINISTRA
COLLEGE OF BUSINESS ADMINIS TR ATION 60 years ago– Elizabeth II was crowned Queen of England The Sixth Winter Olympic Games were held in Oslo, Norway The integrated circuit concept, the basis of all modern computers, was published by Geoffrey W. A. Dummer Dwight D. Eisenhower was elected the 34th President of the United States The first non-stop transatlantic jet flight was made Clarence Birdseye first marketed frozen peas Rocky Marciano became world heavyweight champion after knocking out Jersey Joe Walcott Mr. Potato Head was the first toy advertised on TV The College of Business Administration at the Municipal University of Omaha was launched I LOUIS G. POL, JOHN BECKER DEAN n 1952, Professor John Lucas led a handful of business division faculty members in establishing this college and became its founding dean. His vision for business education was a high-quality, cutting-edge curriculum taught by a first-rate faculty and available at an affordable price. This describes today’s UNO College of Business Administration. There is much to celebrate on the occasion of our 60th anniversary. The accomplishments of our 19,000 alumni, including more than 200 known company CEOs and presidents, attest to the solid foundation our programs provide for success in business, government, and non-profit organizations. Our future is brighter than ever. CBA students, faculty, and staff are committed to an innovative learning culture based on diligent scholarship, community building, and collaboration. For example, you may notice this issue has a different look and feel than previous annual reviews. Our on-going commitment to sustainability led to a more environmentally-sound print solution. Read the story behind our decision to adopt this process on page 31. Once again, thank you. Many of our successes and accomplishments are made possible by your continued interest and support. THIS PUBLICATION IS PRINTED on FSC-certified Rolland Enviro paper manufactured with 100 percent post-consumer fiber. DEAN’S CITATIONS Research—Mark Wohar, Economics Teaching—Patti Meglich, Marketing and Management Service—Dale Eesley, Marketing and Management and Jack Armitage, Accounting Nebraska Business Development Center—Veronica Doga Overall Performance/Staff—Bill Swanson, Executive MBA and Melanie Krings, Executive MBA HONORS Graduate Accounting Professor of the Year, MBA Professor of the Year, Alumni Outstanding Teaching Award— Jennifer Blaskovich Happy Birthday, Jack! E meritus faculty member Jack Hill celebrated his 90th birthday at an informal gathering of friends, faculty, and staff on April 25, 2012. Hill taught at the University of Omaha (now UNO) for nearly 40 years and retired in 1989. Hill and his wife Marty (pictured above) received best wishes from guests including retired and current CBA faculty. Mammel Hall Awards & Recognitions 2011 Build Nebraska Large Project of the Year Award by the Nebraska Chapter of Associated General Contractors Engineering Excellence 2011 Grand Award from the American Council of Engineering Companies, Nebraska Chapter Excellence in Irrigation 2011 Honor Award for Commercial and Public Space Selected for publication in American School and University Architectural Portfolio, November 2011 issue Jennifer Blaskovich leads the faculty processional for May commencement. W hen he was about 10 years old and began scanning the Internet to find business opportunities, Keith Fix was motivated by need, not greed. “My parents had divorced,” Fix recalls, “and my mom and I spent some time in a homeless shelter. It really opened my eyes. I realized Mom couldn’t possibly provide everything we needed, so I started looking for ways to help.” tapping the entrepreneurial spirit Keith Fix at the Walter Scott Peter Kiewit Entrepreneurial Award ceremony with mom and stepdad (left) and with University of Nebraska President James Milliken (next page) 4 COLLEGE OF BUSINESS ADMINISTRATION CBA focuses on innovation, entrepreneurship, franchising Asked by the owner of a martial arts business if the young man could build a website, Fix said yes—then had to learn how. “Mom drove me to the Swanson library and I checked out every book I could find on HTML and Flash,” he says. “I built that website, then another, and another . . .” I f he couldn’t find opportunities, Fix created them. At age 16, he applied for and got a job selling American Express Card memberships for the Omaha arm of Convergys Corp. “I went to the interview in a suit from Goodwill,” he says. “I printed my resume at school because I wanted it on nice paper.” Fix did very well at inbound sales and eventually grew into a sales division that had been championed by the late Craig Hoenshell, a 1966 graduate of the College of Business Administration and former president of American Express. Using his portfolio of websites, Fix was promoted to CRM (customer relationship management) administrator for one of the world’s largest teen clothing brands. In time, that sector of the economy slowed and Fix moved within the company to work with another Fortune 500 client, but found the business had “promised the world on a tool that couldn’t deliver.” That’s when he tapped into his entrepreneurial spirit and co-founded ProvenPowerful Inc., an online tech support service for PC owners that garnered national attention in Entrepreneur magazine. A fter leaving the business, Fix co-developed DailyMav.com, a deal site for the UNO community based on websites like Groupon and Living Social. He recently developed BlabFeed, a network of digital bulletin boards situated in waiting areas of local businesses. “Anyone anywhere can host a board in their waiting area or post on the network at BlabFeed.com,” he says. Most recently, Fix began delving into another personal interest—Native Impressed by Fix’s ambition, goals, and ideas, Ho-Chunk’s leadership is investing in BlabFeed, which Fix is incubating in CBA’s Mammel Hall. F ix, who this year earned the Peter Kiewit Student Entrepreneurial Award and placed first in the annual Maverick Business Plan competition, will graduate in December 2012 with a specialization in management. Though he has come a long way in a short time, his enthusiasm shows no sign of slowing. “ We’re trying to connect the dots and create something new.” he says. “That’s innovation.” American businesses. “I am half Native American and an enrolled member of the Ponca tribe of Nebraska,” he says. He now works closely with officials of Ho-Chunk Inc., the award-winning economic development corporation owned by the Winnebago Tribe of Nebraska. Ho-Chunk, Inc. operates 24 subsidiaries in a diverse range of industries including information technology, construction, government contracting, marketing, media, and retail. 2011–12 YEAR IN REVIEW 5 CBA focuses on innovation, entrepreneurship, franchising mowing, cleaning, painting, rearranging furniture, and changing light bulbs to larger projects including remodeling, equipment purchases, installations, and routine maintenance. THIRD PLACE: STROLLER WHEEL COVERS Rian McGill’s Big Idea is a flexible rubber cover for stroller wheels. When wheels get dirty, these covers can be slipped off before bringing a stroller inside. Covers are easy to wash, can be re-used, and help keep interiors of car and home clean. Big Idea Contest judges Competitions spur innovation Big Idea Contest awards creativity T he annual Big Idea Contest continues to spark campuswide interest in innovation and entrepreneurship. The contest is an elevator pitch competition launched in 2010 to reward students for presenting groundbreaking and life-changing concepts. Ideas are evaluated on technical feasibility, market potential, and social impact. The competition is open to all UNO, Peter Kiewit Institute, and UNMC students and is sponsored by CBA and the UNO Collegiate Entrepreneurs’ Organization (CEO). Grand prizes of $500, $250, and $100 are given to the top three contestants. All finalists receive a minimum $25 cash award. Grand prize winners also receive free consulting if they choose to compete in the annual Maverick Business Plan competition. Out of more than 120 applicants, the 6 COLLEGE OF BUSINESS ADMINISTRATION top three ideas in the November 2011 Big Idea competition were all presented by MBA students. They were: FIRST PLACE: EZ-PARK Caitlin Campbell’s Big Idea capitalizes on the technology of the EZ-Pass used on highways across the country. EZ-Park is a sticker read by a permanently installed or smaller handheld scanner when a vehicle enters or exits a garage or parking lot. The user’s online account is automatically charged and billed monthly. SECOND PLACE: HOME HELP SERVICE David Roth’s Big Idea is a service for people who are at or near retirement that allows them to purchase blocks of time for help around the house. The service can address everyday household tasks such as Big Idea contestants from left: Melissa Steinle, Xin Shao, Rian McGill, David John Estabrook, David Roth Everyone wins in Mav Business Plan competition T he annual Maverick Business Plan competition is proving its value, both for the students who participate and the community. The most recent competition, held in April 2012, attracted 30 submissions. Six finalists presented their plans to a panel of judges. About 150 students, family members, and business leaders attended the event at Mammel Hall. “We have been working to extend the competition throughout the university community to encourage more participation,” says Dale Eesley, assistant professor of management and director of CBA’s Center for Innovation, Entrepreneurship & Franchising. “We’re also reaching out to build relationships with corporations and organizations interested in partnering with us as sponsors and mentors.” Supported by the Alan and Marcia Baer Foundation, the Maverick Business Plan competition encourages the development of both for-profit and social benefit ventures on the UNO and University of Nebraska Medical Center campuses. Students develop and present business plans that identify entrepreneurial opportunities. Winning plans can be based on new or novel innovations or improve the implementation of existing technology and the targeting of new markets. “I was really pleased with the quality and diversity of plans submitted this year and the diversity of major fields represented,” Eesley says. “It’s another example of how the college is promoting entrepreneurial thinking throughout the university.” John Estabrook makes his pitch $2,000 International Students Online Service Station Organizes services for international students into one convenient website. Submitted by: Yanjun Lin, banking and investments $3,000 $1,000 Blab Inc (BlabFeed) Zonkey Skateboard Network of digital bulletin boards situated in waiting areas throughout the community. Submitted by: Keith Fix, management Manufacturer of three-foot-long handcrafted skateboards designed to cruise longer distances. Submitted by: Brian Tipton, biology d Jefferson, Caitlin Campbell, 2011–12 YEAR IN REVIEW 7 CBA focuses on innovation, entrepreneurship, franchising FRANCHISE SEMINAR Members of UNO’s Collegiate Entrepreneurs’ Organization (CEO) chapter, from left: Alex Hayes, Terrance Jacobson, Brittney Thompson A GROWING NUMBER OF ANNUAL CONFERENCES AND SEMINARS PROVIDING INFORMATION ON THE VARIOUS ASPECTS OF ENTREPRENEURSHIP AND FRANCHISING ARE ATTRACTING HUNDREDS OF PEOPLE TO THE COLLEGE OF BUSINESS ADMINISTRATION. CEO member Brittney Thompson (center) with speakers at the Midwest Entrepreneurship Conference 8 COLLEGE OF BUSINESS ADMINISTRATION In November 2011, the Greater Omaha Chamber of Commerce sponsored the Midwest Franchise Seminar at Mammel Hall. The College of Business Administration (CBA) and the Nebraska Business Development Center (NBDC) were among the event partners. The seminar offers franchise education, resources, and networking opportunities. Vendors, franchisors, and brokers provided displays of product and service information. Willy Theisen, founder of Pitch Coal-Fired Pizzeria and Godfather’s Pizza, Inc., spoke at the opening session. According to Dale Eesley, assistant professor of management and director of the Center for Innovation, Entrepreneurship & Franchising, the annual event provides resources for potential franchisees and for existing business owners seeking to franchise their businesses. Between 30 and 40 vendors and about 150 people attended the 2011 seminar. The 2012 seminar will be held Friday, November 9. ENTREPRENEURSHIP CONFERENCE In April 2012, the Midwest Entrepreneurship Conference replicated a national event on a local scale. “This year we had 14 keynote speakers, half of them millionaires and almost all of them under the age of 25,” Eesley says. “We attracted students and other attendees from Nebraska, Iowa, the Dakotas, Missouri, Colorado, and even Florida.” Students from entrepreneurship classes at Millard South High School in Omaha also attended. “They sat on the edge of their seats 90 percent of the time,” Eesley says. The 2013 conference will be held on April 5 and 6. In addition to a roster of speakers, the conference will include a regional idea pitch competition open to any college student. Presenters will have 90 seconds to pitch an idea and judges will have an additional three minutes for questions and answers. ENTREPRENEURSHIP SUMMIT In March 2012, the Center for Innovation, Entrepreneurship & Franchising hosted a Young Entrepreneurship Summit in conjunction with NBDC and the U.S. Small Business Administration. The summit drew about 90 attendees from UNO, Creighton University, Metropolitan Community College, Millard Public Schools, and local businesses. Eesley says the entrepreneurship and franchising events go beyond showcasing great ideas and opportunities. “Each conference and seminar draws in the community to explore the resources we have at Mammel Hall,” he says, “which we hope will attract them to other events and help build lasting relationships with the college and our students.” “This year we had 14 keynote speakers, half of them millionaires and almost all of them under the age of 25.” CBA opens doors to Entrepreneurs 2011–12 YEAR IN REVIEW 9 CBA focuses on innovation, entrepreneurship, franchising Lecture series targets leadership A “By combining entrepreneurship and technology, you have something that did not exist before.” Technology & Marketing I n a high-tech environment, it is often more important to lead the marketplace rather than to follow it, says Birud Sindhav, associate professor of marketing at the College of Business Administration. Sindhav periodically teaches “Marketing in a High-Tech Environment,” a class in which he tells his students that high-tech products are introduced to the public differently. “When you are dealing with a radical form of technology and a business based on that, the old adage that you go and talk to the customers first doesn’t always hold true,” Sindhav says. “In a more dynamic, more risk-based environment, sometimes you have to hold the customers’ hands and say, ‘Let me show you the promised land.’” He uses the Sony Walkman portable audio cassette player as an example. “This was a radical innovation in its time,” he says. “People had no idea what portable 10 COLLEGE OF BUSINESS ADMINISTRATION music was, so the product was introduced and people were shown what it did and why everyone had to buy one. “The more radical the idea, the less useful will be the input from your conventional customers.” Before entering academics, Sindhav was a senior marketing executive at the Gujarat Gas Company Limited in India, responsible for designing and implementing the launch of Liquid Petroleum Gas for household consumption. He says technology and entrepreneurship are a natural combination. “By combining entrepreneurship and technology, you have something that did not exist before. You may be utilizing technology that already existed, but you are doing so in a breakthrough manner, such as the first iteration of Netflix. series of lectures detailing core issues in business and entrepreneurship is being launched in the fall of 2012 by the Leader Development Program. The lecture series is the brainchild of Michael McGinnis, executive director of the Peter Kiewit Institute, and David Ambrose, retired marketing professor. The program features 24 onehour lectures intended to provide a comprehensive and intensive foundation of the concepts of business and entrepreneurship. The lectures will be delivered each week at the Peter Kiewit Institute. Ambrose says attendees will be juniors enrolled in engineering, computer science, and technology degree programs. Presenters are scholars attending the university under a scholarship program sponsorship. “Each lecture will detail five to seven core issues that are relevant to the topic being presented,” Ambrose says. “We intend to highlight specific principles of business and entrepreneurship and supply as much information as possible in a 50-minute lecture while leaving time at the end for questions and comments.” “Some of the ideas are so new it is difficult to go to the customers first, and to succeed requires real conviction in your ideas,” he says. “This is what I teach.” CEO chapter on the rise T he UNO chapter of the Collegiate Entrepreneurs’ Organization (CEO) continues to grow in membership and recognition. “The chapter has nearly 40 members and is drawing from all across the campus,” says Dale Eesley, assistant professor of management and director of CBA’s Center for Innovation, Entrepreneurship & Franchising. “It’s intended to be a campus-wide organization, so we are pleased with the attention it’s receiving.” The chapter placed third out of 26 teams in the 2012 CEO Startup Simulation Challenge Championship. The team will receive mentorship from entrepreneurs in the CEO network and will be recognized in November at the National CEO Conference in Chicago. “I am very proud of them,” says Eesley, who serves as the CEO faculty advisor and will travel to Chicago with the group. In 2011, Eesley accompanied 10 student members to the national convention in Fort Worth, Texas. Throughout the year, the chapter hosts a number of awareness-raising events, from a pumpkin-carving contest in the fall to an event attempting to break the Guinness World Record for the most people on a Slip ‘N Slide. “The UNO group has received a Best Chapter Award the past two consecutive years,” Eesley says. “The first was for website design and the latest was for the chapter’s marketing campaigns.” Dale Eesley, Collegiate Entrepreneurs’ Organization (CEO) faculty advisor 2011–12 YEAR IN REVIEW 11 CBA focuses on innovation, entrepreneurship, franchising NBDC supports innovation Growing company develops apps to improve lives W “Our goal is to use smart technologies and intelligent decision support software to improve people’s lives.” Evelyn Bartlett, founder and CEO of SectorNow 12 COLLEGE OF BUSINESS ADMINISTRATION hen she served as chair of the Lincoln chapter of SCORE (Service Corps of Retired Executives), Evelyn Bartlett became familiar with the Nebraska Business Development Center (NBDC) and its Lincoln service center. That’s how Bartlett knew exactly where to get advice and assistance when she founded her new business, SectorNow, in 2010. Bartlett participated in NBDC workshops presented as part of the Virtual Business Accelerator of the Silicon Prairie. These workshops helped SectorNow prepare to apply for a Small Business Innovative Research (SBIR) award from the federal government. “NBDC’s Kate Carlin and Lisa Tedesco really paid a lot of attention to us,” Bartlett says. “They became advocates for our business.” Carlin is a consultant with NBDC’s Procurement Technical Assistance program in Lincoln and Tedesco is a certified technology consultant in NBDC’s Omaha office. NBDC consultant Veronica Doga also provided market research to help SectorNow prepare the commercialization strategy required for the SBIR proposal. Two years later, SectorNow is a growing company specializing in building smartphone and tablet app systems that focus on the environment (CleanEarthApps) and mental health (BehaviorApps). “Our goal is to use smart technologies and intelligent decision support software to improve people’s lives,” Bartlett says. SectorNow is just one of the hundreds of small businesses benefiting from the assistance provided by the nine regional offices of NBDC, which is marking its Nebraska Business Development Center Economic Impact Grows SectorNow is just one of the hundreds of small businesses benefiting from the assistance provided by the nine regional offices of NBDC. 35th anniversary this year. In 2011 alone, NBDC and its offices yielded more than $420 million in economic development in Nebraska. One of SectorNow’s current apps, WasteFinder, helps businesses, organizations, and municipalities track waste and improve recycling practices. WasteFinder Green App, developed in conjunction with WasteCap Nebraska, helps companies go green and supports their sustainability initiatives through an app that monitors and manages recycling across the enterprise. To brainstorm features and marketing for the WasteFinder app, Bartlett met with Jean Waters, NBDC energy and environmental engineer; and Rick Yoder, CBA sustainability coordinator and manager of NBDC’s Pollution Prevention Regional Information Center (P2RIC). Ultimately, Waters became a SectorNow customer. “I purchased a WasteFinder app for use in a project to help hotels reduce their energy use and waste generation,” she says. WasteFinder MySocius helps businesses, organizations, and municipalities track waste and improve their recycling practices. uses evidence-based natural teaching procedures to help children with autism communicate more effectively. In addition to helping prepare several SBIR proposals, Bartlett says Tedesco also introduced her to Keith Allen, professor of psychology and pediatrics at the Munroe-Meyer Institute for Genetics and Rehabilitation at the University of Nebraska Medical Center. With Dr. Allen, SectorNow developed MySocius (Latin for partner or companion) and previewed it in April at Nebraska’s State Autism Conference. MySocius uses evidence-based natural teaching procedures to help children with autism communicate more effectively. “NBDC and its consultants have opened our eyes to opportunities and have worked to shepherd us through some of the more complicated processes,” Bartlett says. “They were instrumental in getting our business established and remain a valuable resource for us today.” 2011–12 YEAR IN REVIEW 13 CBA focuses on financial risk management “The shift is more toward risk management rather than focusing on the highest returns possible.” Study of Risk Management Reflects Investment Industry 14 COLLEGE OF BUSINESS ADMINISTRATION T he identification of financial risk management as a priority program for CBA is a reflection of what is occurring in the economy and society, says David Volkman, associate professor and chair of the Department of Finance, Banking, and Real Estate. “Academics are adapting to the investment industry, and the industry is currently being driven by the consumer demanding more protection,” Volkman says. “We have augmented our core instruction in insurance, banking and financial management with an emphasis on risk management.” “The shift is more toward risk management rather than focusing on the highest returns possible.” Investing has traditionally been driven by a focus on high returns. That all began to change with the crashes of 2000 and 2008. For the investor, Volkman says, “the basic concept now is diversification. This has evolved with derivatives—investments that derive value from an underlying asset, which provide multiple ways of reducing risk in a portfolio.” Corporations, meanwhile, are placing more attention on enterprise risk management. “It’s a broad term that basically means managing the corporation so you minimize risk throughout the company,” he says. “This includes products, services to employees, and accounting standards.” As department chair, Volkman envisions incorporating financial risk management across the curriculum and in conjunction with other CBA departments. “Risk management is not just a finance issue, it’s an accounting, economic, and public policy issue,” he says. “We have to work together to develop courses that address both portfolio management and enterprise risk for corporations. “Investors shouldn’t place all their eggs in one basket, and neither will we.” “Investors shouldn’t place all their eggs in one basket, and neither will we.” DAVID VOLKMAN teaches Financial Management and Mergers and Acquisitions to graduate students. In the undergraduate program, he teaches Management of Business Finance, Commercial Banking, Corporate Finance, Financial Markets, Portfolio Management, and Bank Administration. He is a Chartered Financial Analyst and a member of the Nebraska Chapter of Financial Analysts. He also serves on the board of directors of Financial Executives International. Before becoming a professor, Volkman was employed by the Comptroller of the Currency, Boys Town, and UBS Paine Webber. 2011–12 YEAR IN REVIEW 15 FRM 170 participants from 21 on six continents. CBA focuses on financialcountries risk management Spring 2012 Genius of Warren Buffett class Conference Brings World to Omaha Robert Miles, author and Buffett scholar The 2012 Value Investor Conference attracted about 170 participants from 21 countries on 6 continents. 16 COLLEGE OF BUSINESS ADMINISTRATION Warren Buffett expert Robert Miles, who also teaches the Genius of Warren Buffett course. A more extensive version of this course is presented each fall as part of the Executive MBA program. The event brings together a wide array of professional money managers, investment advisors, high net worth private investors, and others who share a common interest in self improvement, making worldwide contacts, and a value approach to investing. Renowned speakers share with attendees the quantitative as well as the qualitative aspects of investing, from generating investment ideas and exploring the investment process to thinking independently and valuing a business. C oupling the Value Investor Conference in Omaha with an abbreviated version of the Genius of Warren Buffett course—and holding both in conjunction with the annual Berkshire Hathaway Inc. investor meeting—is proving to be a good fit for the College of Business Administration. The conference in 2013 will be the 10th annual event and the third to be held at CBA since the conference moved from the West Coast, says Bill Swanson, executive director of the college’s Executive MBA program. “A good number of participants attended the conference, the class on Warren Buffett, the Friday evening book-signing reception, and the investor meeting,” Swanson says. “It affords quite the knowledge and information package.” Executive MBA Program Coordinator Melanie Krings says the 2012 Value Investor Conference attracted around 170 participants from 21 countries on six continents. This unique global conference was first organized by author and acclaimed Value Investor Conference: top, Bill Swanson, executive director, Executive MBA progam and participants; bottom, booksigning event CUT FOR REDUNDANCY He says the decision of Dr. Pol, along with Executive MBA director Bill Swanson and Finance Department Chair David Volkman, Ph.D., to combine Executive MBA students with non-enrolled lifelong learners traveling from outside Nebraska, “has been an overwhelming success. Guest lecturer Robert Batt, executive vice president, Nebraska Furniture Mart, speaks to Genius of Warren Buffett class Program looks at investment strategies of Berkshire Hathaway managers T he inclusion of a graduatelevel course about Berkshire Hathaway Inc. Chairman and CEO Warren Buffett as part of CBA’s Executive MBA program, as well as inviting lifelong learners to take the class on a non-credit basis, is an “overwhelming success,” says the class instructor, author Robert Miles. “The Genius of Warren Buffet course has proven to be an ideal opportunity for non-enrolled students from various backgrounds to participate in an exceptional investment, business, and life experience,” says Miles. “Dean Pol understood the importance of furthering the academic study of Warren Buffett and invited me to develop and teach a oneof-a-kind course based on my worldwide lectures. “The perspectives of professional investors and others interested in everything Warren Buffett, combined with Executive MBAs, have offered a unique experience for all the participants,” Miles says. “In some cases, executives and lifelong learners have formed friendships and partnerships. It has been remarkable to watch.” Highlights of the three weekend fall program (which totals 36 contact hours) include an examination of Buffett’s early education and background, character development, and communication skills. The course also explores Buffett’s investment methods, management skills, directorships, corporate governance, mistakes, and philanthropy. For the final exam, program participants suggest a stock or business Buffett should buy and explain why. The fall 2011 class presented acquisition ideas directly to Buffett over lunch. “We pay generous commissions to anyone recommending a business that Berkshire eventually acquires,” Buffett told the group. Miles says teaching the course has yielded many rewards. “My proudest moment and unexpected consequence was the result of inviting Susie Buffett to be ‘Professor for the Day,’” he says. “She met and asked Executive MBA student Josette Gordon-Simet to be on the board of Girls Inc. of Omaha—and she agreed,” he says. “It doesn’t get any better than that.” “Executives and lifelong learners have formed friendships and partnerships.” Susie Buffett, guest lecturer for Genius of Warren Buffett course 2011–12 YEAR IN REVIEW 17 CBA focuses on financial risk management “In a struggling economy, an index based on actual data can give you a leg up when it comes to thoughtful, informed decision making.” UNO professors Kenneth Kriz, Mark Wohar, Chris Decker Local economic snapshot, one month at a time O maha media are staying up to date with the local economy thanks to the monthly Omaha Economic Index. The index was developed by Kenneth A. Kriz, associate professor at UNO’s College of Public Administration and Community Service from data compiled and analyzed by Chris Decker and Mark Wohar, professors in CBA’s Department of Economics. To determine the latest index, Kriz, Decker, and Wohar examine local economic activity for five counties (Douglas, Sarpy, and Washington in Nebraska; Pottawattamie and Mills in Iowa) by measuring five factors: nonfarm employment, taxable sales, residential building permits, commercial building permits, and industrial energy use. “The index is a coincident index, providing a snapshot of current local economic conditions based on the most recent data available.” Decker says. “It’s a very well-established procedure.” The index has been utilized and publicized by the Omaha World-Herald, and serves as an example of CBA’s expanding efforts to inform, engage, 18 COLLEGE OF BUSINESS ADMINISTRATION and educate the community beyond the campus boundaries. “This index has value both in good economic times and in bad economic times,” Decker says. “Our index is based on data from the Bureau of Labor Statistics, the Omaha Public Power District, and various other sources compared to other survey-based indexes that measure perceptions of business and which may not be an accurate reflection of the economy today. “In a struggling economy, an index based on actual data can give you a leg up when it comes to thoughtful, informed decision making.” New faces, new roles mark growth N and investment analysis. “He is not only coordinating our real estate program, he also is leading the internship efforts,” says David Volkman, chair of the department. “He is a very dynamic young individual who has generated a great deal of interest in the program through the real estate club and his numerous community contacts. With his addition to an already strong faculty, I can see the program growing significantly in the next four or five years.” JEFF BREDTHAUER Jeff Bredthauer, assistant professor of finance and banking, joins the department from the College of Business Administration at the University of Nebraska-Lincoln. ew faculty members bring fresh perspectives to the Department of Finance, Banking, and Real Estate. NATHAN BJORKLUND The transition of the Real Estate and Land Use Economics program to a new department brings with it Nathan Bjorklund, who returns to his alma mater—having earned his MBA at UNO in 2011. Bjorklund’s teaching interests center on the undergraduate program with a focus on commercial real estate finance Nathan Bjorklund Financial Meltdown Speaker Series C BA hosted three speaking events between September 2011 and May 2012 that addressed aspects of the current economy. In the first, Harry Zeeve of the Concord Coalition, discussed short and long term fiscal policy trends. Next, economist Michael Bradley addressed correlations between the recent recession and crash of the housing market. The final engagement was a panel discussion featuring Ken Kriz, UNO’s College of Public Affairs and Community Service; Keith Mueller, University of Iowa College of Public Health; and Mark Wohar, College of Business Administration. The panel discussed the sustainability of state and local government programs, as well as state and federally-funded health care systems. Harry Zeeve, Concord Coalition “I love teaching complicated topics and making them understandable,” Bredthauer says. “I really enjoy connecting with my students and seeing the light bulbs go on.” Bredthauer obtained his undergraduate degree in engineering. “So I’m kind of a math person,” he says. “En route to my MBA, I realized I liked finance a lot. It’s a good fit for my background in math and allows me to incorporate my interests in business.” LAURA BEAL Finance and banking lecturer Laura Beal, meanwhile, passed her third-level Certified Financial Analyst exam and has been promoted to director of the CFA Review Program at UNO. Beal, who earned her MBA at UNO, directs a unique program that brings in members of the CFA Society of Nebraska to act as experts and teach the 18 exam topic areas. “We have found this format to be very successful,” Volkman says. “Members of the CFA Society teach the program and show how the topics are applied. Participants also benefit from the opportunity to interact with society members.” From left: Steve Nielsen, student ; Laura Beal, finance and banking lecturer and director of UNO’s CFA Review Program. 2011–12 YEAR IN REVIEW 19 CBA focuses on accounting Susan Eldridge, accounting chair END IN SIGHT FOR FIVE-YEAR ACCREDITATION PROCESS T he in-depth and lengthy process of seeking accreditation for CBA’s accounting program is serving to strengthen the already highquality programs and initiatives of the Department of Accounting. “Our department has long been recognized for its balanced, threepronged focus on teaching, research, and service,” says Susan Eldridge, chair of the department. “Accreditation of our program would give significant external validation of its quality.” A Certified Public Accountant, Eldridge worked in the private sector from 1983 to 1992. After receiving her doctorate from the University of North Carolina at Chapel Hill, she taught for four years at the University of Texas at Austin. She came to UNO in 2002 as an assistant professor and became department chair in May 2009. She is also the Union Pacific Professor of Accounting and teaches a graduate seminar in 20 COLLEGE OF BUSINESS ADMINISTRATION financial statement analysis and financial accounting at the introductory and intermediate levels. “When I became chair, the program had already established a strong legacy of quality programs,” she says. The nearly five-year accreditation process began before she assumed the role of chair. In 2010, the department submitted a formal accreditation plan and after a progress report in 2011, was invited to apply for initial accreditation. A peer review committee from the accreditation body, the Association to Advance Collegiate Schools of Business (AACSB) International, will visit CBA in January 2013 after reviewing the selfevaluation report the department will submit this fall. The three-member committee will spend two and a half days reviewing documentation and meeting with accounting faculty, administrators, students, and accounting advisory board members. “The AACSB is the premier accreditation entity for business schools worldwide,” Eldridge says. “Because the college has held AACSB Business Accreditation for many, many years, our department is eligible for separate accounting accreditation. Of the 655 member institutions worldwide that hold AACSB accreditation, only 178 have AACSB’s additional accounting accreditation. That would be a very elite group for us to join.” She credits CBA Dean Louis Pol and accounting department faculty with providing support and assistance in collecting data throughout the accreditation process. “The experience has allowed us to embrace a strategic management focus,” she says. “As a result, we have revived and re-engaged our 18-member accounting advisory board. We have added new members and produced an organizational structure document that identifies four areas of focus: accounting and business advisory, student programs, philanthropy, and alumni and community outreach. We have established board committees to address initiatives related to those areas.” Since institutions that earn AACSB Accounting Accreditation must also enter a “maintenance of accreditation” process every five years, the department has developed a focus on continuous improvement, Eldridge says. “The initial application process has served to remind us we need to be more strategic, use our resources more effectively, identify our priorities and know where we are headed with our objectives.” “We have formed a better vision for the department, and maintaining accreditation will serve as a catalyst to keep us accountable.” “We are finding that investors see the information but don’t use it. It makes no difference in their investment decisions.” Examining risk and decision making M ost people realize that investing in the stock market is risky. But if we were all made aware of the specific risks, would we use that information to make better investment decisions? This is just one of the questions being investigated by Jennifer Blaskovich, associate professor of accounting. Her research interests include behavioral judgment and decision making with a focus on information systems. Her work has been published in numerous journals, including the Journal of Information Systems, Journal of Information Technology, Strategic Finance, The Review of Business Information Systems, and The CPA Journal. Blaskovich has researched how individuals use information to make decisions, and how people in business ensure that information being disseminated is relevant and reliable. She is conducting research on how people use information regarding risk—if at all. “Since 2002, the SEC (Securities and Exchange Commission) has required businesses to provide more information on risk,” she says. “However, the documents put out by businesses are not completely unbiased, and are often written in legalese. “We are finding that investors see the information but don’t use it,” she says. “It makes no difference in their investment decisions. It’s basically just noise in the market.” Blaskovich joined the CBA faculty in 2007, teaching Managerial Accounting and Accounting Information Systems. Her multidisciplinary research has also involved faculty from UNO’s College of Information Science & Technology. She is incorporating her findings into articles for publication and into her classroom teaching. One of her papers documents a framework for businesses to create safe, confidential and correct risk information. “A second paper examines if the framework improves student learning,” she says. “So far, it appears that it does.” Jennifer Blaskovich, associate professor of accounting 2011–12 YEAR IN REVIEW 21 CBA focuses on accounting Keeping an eye . . Private foundations and charitable spending E xamining private foundations is a viable way for Tim Yoder, assistant professor of accounting, to conduct unique research and inform the public. “That’s why I have two research streams, one aimed at educating Certified Public Accountants (CPAs) and a second geared toward policy makers,” Yoder says. Yoder teaches Basic and Advanced Federal Income Taxation, and Tax Planning and Research. He is one of very few academic researchers in the nation focusing on private foundations. His articles have been included in the Journal of the American Taxation Association, Journal of Accountancy, and The CPA Journal. Unlike common charities, private non-operating foundations do not perform charitable acts, they simply give to other charities. “They are considered ‘private’ because they are supported by a small group of people or a corporation,” Yoder says. “Controversy arises because giving to a private foundation allows people to set aside money and immediately receive a charitable contribution deduction on their tax returns, even before the money goes to a viable charity. And, while it is set aside with the private foundation, it earns interest.” In part, his research examines how private foundations adjusted their distributions around the economy’s “technology bubble.” “It’s interesting because when you have a bubble burst, it can be the same time society needs charitable contributions the most,” he says. “Yet that is also when the private foundations’ assets are going down.” Yoder, with Brian McAllister, associate professor at the University of Colorado, also looks at whether a private foundation’s support of a public charity affects its operation and governance. “If the foundations have the checkbook, do they have a bigger say in where the money goes?” he asks. “We believe it’s a very interesting question and that people will be excited to hear the answer.” Tim Yoder, assistant professor of accounting “When you have a bubble burst, it can be the same time society needs charitable contributions the most.” 22 COLLEGE OF BUSINESS ADMINISTRATION . on the money Digging into IT systems for accounting lessons T eaching and research go hand-in-hand for Michael Hoesing, adjunct instructor in the accounting “I pore through lots of data because what blew up at Company A might become a lesson that I can use in my next class.” Michael Hoesing, adjunct instructor of accounting department. In the classroom, Hoesing draws upon more than 30 years of experience in public accounting and internal audit in the areas of information systems audit and assurance, information systems implementation, and financial audit. His early research concerned security and risk. More recently, he has examined how to audit accounting systems located on virtualized servers. “I poke my nose into a lot of accounting systems to find real-world situations,” Hoesing says. “I pore through lots of data because what blew up at Company A might become a lesson that I can use in my next class. Incorporating a practical case study into a class really brings it home.” His current client work involves working with the top five banks in the U.S. and Canada, using data analysis techniques to assess accounting and information systems controls. These business experiences help keep his class content current and relevant. Hoesing is a board member of NebraskaCERT, the area’s leading information security professional group; and a board member of the Aksarben chapter of the Institute of Internal Auditors. A certified ACL software instructor, Hoesing developed and teaches the region’s only recurring class devoted to Information Systems Audit and has enrolled the university in the ACL and VMware partner programs. An instructor on and off since 1983, Hoesing says he is especially happy to encounter former students who pursue careers in information systems auditing. “I like to think I had something to do with their decision,” he says. “For others, I hope that I create a greater awareness to make certain the numbers coming out of the systems are good. If not, we’ve got the tools to find out why.” Left: Members of Beta Alpha Psi; Right: Accounting graduates pre-ceremony in Mammel Hall in May 2011–12 YEAR IN REVIEW 23 Collaboration CBA focuses on collaboration science Center expands programs, projects, & focus T he additional facilities afforded by its new headquarters at Mammel Hall means more opportunities for the UNO Center for Collaboration Science to expand its programs, projects, scope, and focus. The center is an interdisciplinary initiative linking all six UNO colleges and more than two dozen faculty members who work to identify ways to improve collaboration for businesses and organizations in Omaha and across the country. 24 COLLEGE OF BUSINESS ADMINISTRATION “Social Media is having a t impact on the way people “We have done many projects with the faculty and staff at the College of Business Administration and the Nebraska Business Development Center,” says Gert-Jan de Vreede, managing director of the center. “Principles of Collaboration is a growing class for the college, and it has expanded to two sections that are fully subscribed both semesters.” The center held its annual Collaboration Science Seminar at Mammel Hall this past spring. The half-day event attracted about 80 people to listen to speakers, panelists, and presentations on “Unconventional Collaboration.” This year, the center added a new director for research and development, Gina Ligon, (see page 27) who is also a new assistant professor in the Department of Marketing and Management. Postdoctorate researcher Onook Oh is another new team member. “Oh is the leading researcher in the United States in the area of Twitter analysis,” de Vreede says. “He can take a couple of million Tweets, analyze them, and find patterns in order to see how social movements develop over time.” The center is making significant progress in its exploration of ... take a couple of million Tweets, analyze them and find patterns ... Left: Gert-Jan de Vreede and RoniReiter Palmon from the UNO Center for Collaboration Science Identifying the characteristics of creativity tremendous e collaborate.” crowdsourcing, a mechanism in which organizations farm a problem out to the greater community. Crowdsourcing is becoming increasingly common, especially in the design industry. “Say, for example, the city of Omaha wants to improve bike routes,” says de Vreede. “We can put a question out on several discussion platforms, gather ideas, formulate proposals and then put them back out for people to vote on or even to ‘like’ on Facebook. Crowdsourcing is popular because large groups can often outperform a select group of declared experts. It’s the power of numbers.” Examination of social media such as Oh’s research is expected to expand. “Social media have changed how people work together,” de Vreede says. “It’s an evolving entity that is having a tremendous impact on the way people collaborate.” In addition to new researchers, the center now has 10 funded graduate assistants and is broadening its work with other colleges. “Because of the College of Business Administration,” de Vreede says, “we have the facilities and technologies to take on these challenging projects.” W hen Roni ReiterPalmon meets people who say they aren’t creative, the first thing she does is try to change their minds. “I think about creativity in the broadest sense,” Reiter-Palmon says. “It doesn’t mean you have to be able to paint or play the piano. Can you come up with a new idea to solve a practical problem at work, improve a process, or solve a dispute with a friend? It doesn’t have to be big. It doesn’t have to be flashy. You don’t have to recreate the iPhone. “If you have an idea for a product or a process that is new and useful, you are being creative.” Reiter-Palmon is director of innovation at the Center for Collaboration Science and has a CBA courtesy faculty appointment, where she lectures on topics including the principles of collaboration and team creativity. She also serves as the Isaacson Professor of Industrial/ Organizational Psychology and the director of the I/O Psychology Graduate Program. She studies and researches the characteristics of creativity and acts as a consultant to Fortune 500 businesses, the government, the military, and organizations including KANEKO. “It is easier to train people to change their creative thought processes than to change personality traits,” she says. “I teach people what they can do individually and in groups to be more creative.” Reiter-Palmon is widely published and has served on several journal editorial boards. On July 1, she became editor of The Psychology of Aesthetics, Creativity and the Arts—a publication with the highest “impact factor” of all the creativity journals. “The ratings are done through Web of Science publishers,” she says. “They look at how many articles were published and how often they were cited. The more often they are cited, the more of an impact they have.” ”It is easier to train people to change their creative thought processes than to change personality traits.“ 2011–12 YEAR IN REVIEW 25 CBA focuses on collaboration science TERROR from a isM Management Perspective 26 COLLEGE OF BUSINESS ADMINISTRATION “Violent id their missio their opera W hen Gina Ligon applies what she knows about psychology and management to violent ideological groups and destructive terrorist organizations, she is looking for their strengths—and their weaknesses. That is why the Department of Homeland Security is funding research by Ligon, who is director of research and development at the UNO Center for Collaboration Science and a new assistant professor in the Department of Marketing and Management. have to raise funds to market their beliefs and recruit members. From organizing rallies, operating websites, and printing pamphlets to the subversive acts they carry out—none of that is free.” Ligon earned her master’s degree and doctorate in industrial/organizational psychology (with a minor in quantitative statistics) from the University of Oklahoma. Prior to joining the CBA faculty, she served as assistant professor and eventually assistant director of the graduate program in human resource development at Villanova University. deological groups are belief-based in ons, but they need money to finance ations. They are very businesslike.“ Her investigative work is one of many projects related to the national consortium for the Study of Terrorism and Responses to Terrorism (START). “I am looking at the organizational and management side of these ideological groups,” Ligon says. “I hope to add a management perspective to the consortium.” It will be a particularly unique perspective as UNO’s CBA is the only business college represented on the consortium. “Violent ideological groups are belief-based in their missions, but they need money to finance their operations,” she explains. “They are very businesslike. They need leaders. They In 2008, she won The Leadership Quarterly “Best Paper Award,” sponsored by the Center for Creative Leadership. Her teaching and research interests span both the destructive and productive sides of innovation and leadership. In addition to focusing a management lens on terrorist organizations, she has published studies about the development of leaders to manage creativity in individuals and teams, foster a climate of integrity, and mentor for collaboration and innovation. Gina Ligon, director of research and development, UNO Center for Collaboration Science “I am looking at the organizational and management side of these ideological groups.” 2011–12 YEAR IN REVIEW 27 CBA focuses on sustainability The purpose of G-BASIS is to engage and activate students in pursuit of P3, that is, the triple bottom line of profit, people, and the planet. Above: Students recycle with staff member Noelle Blood and UNO mascot Durango during the G-BASIS Earth Day events; Bottom right: Professor Jinlan Ni receives a free curbside recycling bin at the event Recycling plant at 103rd and I Streets, where the firm’s CEO, Dale Gubbels, and general manager, Craig Gubbels, met and spoke with students. Topics included improving a firm’s profitability through recycling and careers related to waste management. G-BASIS puts sustainability into action S ustainability is the focus of a new College of Business Administration student club formed in fall 2011. G-BASIS is the acronym for Green Businesses Advancing Strategic Integration of Sustainability. According to Jean Waters, energy and environmental engineer for the Nebraska Business Development Center and chair of the CBA Green Team, G-BASIS resulted from the college’s efforts to align both mind and action with respect to its role in the environment. “The purpose of G-BASIS is to engage and activate students in pursuit of P3, that is, the triple bottom line of profit, people and the planet,” says faculty advisor Michael J. O’Hara. “The mission of G-BASIS is to adopt personal and corporate values that foster implementation of the triple bottom line.” 28 COLLEGE OF BUSINESS ADMINISTRATION With O’Hara’s assistance, paper work and authorizations for reviving and reforming the former Ecology NOW student club were completed and G-BASIS was formed under the direction of students Jiawei He, Cheng Tan, Megan LeBron, and Brice Miller, among others. In spring 2012, G-BASIS hosted an educational action event to improve automobile efficiency by promoting correct tire inflation. With support from Jensen Tire & Auto, G-BASIS distributed educational materials and checked and filled tires outside Mammel Hall. In recognition of Earth Day 2012, G-BASIS joined with First Star Recycling to provide information and hand out free replacement recycling bins to further the community’s recycling efforts. This summer, Miller arranged for G-BASIS members to tour the First Star UNO researchers first to examine green data C utting-edge research underway at the College of Business Administration and the Nebraska Business Development Center (NBDC) is attempting to identify and understand the factors that motivate businesses and people to adopt environmentally-conscious “green” practices. The project was initiated by Chris Decker, economics professor, and Rick Yoder, CBA sustainability coordinator and manager of NBDC’s Pollution Prevention Regional Information Center (P2RIC). Together they will travel to Washington, D.C. to examine data gathered by the Bureau of Labor Statistics (BLS) in its Green Technologies and Practices (GTP) survey. Because the information is proprietary, they must examine the BLS data onsite. “We can bring in our data and compare it to their data using their computers,” says Yoder, “but other than our results, we can’t take anything out with us.” According to the BLS, approximately 35,000 business and government establishments covered by unemployment insurance are within the scope of the GTP survey, including most large agricultural establishments. The survey is designed to collect data on businesses’ use of green technologies and practices and the occupations of workers who spend more than half of their time involved in green technologies and practices. Green Technologies Decker says he and Yoder, with the assistance of adjunct economics instructor Frank Mitchell, are focusing on the upper Midwest region of Nebraska, Iowa, Missouri, Kansas, South Dakota, and Colorado. “We look closely at the location and kind of business and match information from each firm,” he says. “We’re trying to find characteristics that would allow us to predict the number of green jobs, why they are prevalent or not prevalent in certain areas, and what factors yield success.” “This kind of research has never been done before,” Yoder says. “As far as we know, we are the first researchers in line to see this micro data. It’s very exciting, and hopefully will open up other research questions.” One goal is to help policy makers and program managers learn where green jobs are and why some industries and geographic areas have more than others, Decker says. “What exactly is it that makes one company more green than another company?” he asks. “Our discoveries could open a lot of eyes.” From left: Frank Mitchell, Rick Yoder, and Chris Decker 2011–12 YEAR IN REVIEW 29 CBA focuses on sustainability “100% PCW paper has a different look and feel, and will help us tell the story of why we chose it.” 30 COLLEGE OF BUSINESS ADMINISTRATION Members of CBA Green Team clockwise from left: Rick Yoder, Damian Klosowski, Dave Nielsen, Ed Johnson, Darryl Burgdorf, Michael O’Hara, Chris Decker, Jean Waters CBA tackles the challenge of sustainable printing T his issue of the College of Business Administration Year in Review marks the first time that the publication is printed on 100 percent postconsumer waste (PCW) recycled paper. While that may seem a small step toward ensuring sustainability, the path to get here—and the obstacles along the way—provided plenty of challenges for Jean Waters, Green Team chair Jean Waters, energy and environmental engineer with the Nebraska Business Development Center, and the members of CBA’s Green Team, which she chairs. The process began with in-depth research and included correspondence with four printers. Three of the four did not offer samples of their products printed on 100 percent PCW paper. The fourth, A to Z Printing in Lincoln, has a reputation as an environmentally-friendly printer. “This printer taught us a lot,” Waters says. “Sue Quambusch, the owner, explained that a clay coating is used on paper to improve its printing characteristics, but 100 percent PCW papers are not coated. Uncoated papers absorb more ink and as a result, the colors change slightly.” A to Z took a recent report CBA had produced on traditional, non-recycled, coated paper and reprinted it on 100 percent PCW recycled, uncoated paper. That enabled the Green Team to compare the publications side-by-side. “In general, pictures were a little darker on the uncoated paper and dark pictures were not as crisp,” Waters says. “When examining the uncoated, 100 percent PCW publication on its own, however, it looked great.” The Green Team obtained quotes from all four printers, comparing previous publications to the price of the same job on both 30 percent and 100 percent PCW paper. The team reviewed the bids with CBA Dean Louis Pol and decided to print on 100 percent PCW paper, but to order fewer copies to offset the higher cost and stay within budget. A to Z was selected as the printer. Company Vice President Miriah Zajic says she was impressed with the Green Team’s persistence and dedication. “We were thoroughly impressed with the extensive research that the college’s team did to convert their printing to a more sustainable process,” Zajic says. “Their commitment is one we hope that others will learn from and utilize for their own projects.” Waters says the Green Team believes the extra effort was worth it. “The bottom line is that we truly are committed to environmental sustainability,” she says. “The 100 percent PCW paper has a different look and feel, and will help us tell the story of why we chose it.” CBA YEAR IN REVIEW Savings below are achieved when recycled fiber is used in place of virgin fiber. THIS PUBLICATION IS PRINTED on FSC-certified Rolland Enviro paper manufactured with 100 percent postconsumer fiber using biogas energy. It is certified as environmentally preferable by EcoLogo and processed chlorine free. Ink used is vegetable based with zero VOCs. Using PCW paper for this project achieved the following savings: 32 trees preserved for the future; 93 pounds of water-borne waste not created, 13,702 gallons of wastewater flow saved; 1,516 pounds solid waste was not generated; 2,985 pounds net greenhouse gases prevented; and 22,848,000 BTUs of energy not consumed. Environmental impact estimates were made using the Environmental Defense Fund Paper Calculator. 2011–12 YEAR IN REVIEW 31 CBA engages the community CBA gets kids excited about college I f you stepped into Mammel Hall this summer, you might have heard the excited banter of a younger than usual crowd of students. Programs aimed at educating young people still years away from college are just one aspect of the College of Business Administration’s ongoing efforts to engage the community. 32 COLLEGE OF BUSINESS ADMINISTRATION C INVESTMENT LITERACY BA hosted two investment literacy camps for top high school students from across Nebraska this summer. Students spent three days on campus and stayed overnight in the Scott Village residence halls, says David Volkman, chair of the Department of Finance, Banking, and Real Estate. Eighteen participants are chosen for each camp from a pool of 150 applicants. The first session was populated by highly motivated and diverse high school students of both genders. The second was specifically designed for high school girls. Because an accurate picture of the stock market takes more than a day or two, Volkman created a program that exposes the campers to an eight-year period of market activity. “They have a fictitious $200,000 to invest and more than 10,000 companies to select from for their portfolio,” he says. “Then the program uses historical data to take them several years into the ‘future’ to see how their stocks performed.” The students present their portfolios on the camp’s last day. “It’s fun to see how much they grow in knowledge and awareness,” Volkman says. The camps are sponsored in part by Union Pacific Railroad and CBA graduate Jack Koraleski, president and CEO of UP. BANKING AND PERSONAL FINANCE EDUCATION T his summer, the UNO Center for Economic Education hosted a stock market investment camp for middle school students from Omaha Public Schools economics magnet programs, Boys & Girls Clubs of the Midlands, and Girls Inc. of Omaha. “By the end of the week, our goal is that students will understand what a stock is, how and why stock prices change, and how to make investments a part of building a long-term financial plan,” Mary Lynn Reiser, center co-director says. “The students worked in teams, conducted research, created a PowerPoint report on an Omaha-based company and presented Right: Renesia Martin, auto claims team manager, State Farm Insurance, Omaha and one of 14 guest speakers at the Maverick Investment Camp information to their parents and Dean Pol. They really did a fabulous job.” The center continues to expand its community outreach through its banking and personal finance education programs in southwest Iowa, says Reiser, who is working with three new school bank partnerships within Council Bluffs elementary schools. Jointly supported by UNO’s College of Business Administration and College of Education, the center strives to improve economic literacy by providing educational materials and training programs for school districts and K-12 teachers in Nebraska and western Iowa. Begun in 2002, the school-year savings banking program links commercial banks with individual schools so students can start an ongoing savings program and learn the importance of achieving short and long-term financial goals. 2011–12 YEAR IN REVIEW 33 CBA engages the community College s d i K r o f C4K challenges students to reach higher T he elimination of poverty through education, financial literacy, and economic empowerment was the goal of the C4K on Display competition in Mammel Hall on May 26, 2012. “I believe events like today have the potential to be life changers,” says Paul Bryant, director of the Leadership Institute for Urban Education and organizer of the event. C4K stands for College for Kids, which is the signature program of the institute. Participants (8th through 10th graders from 11 local schools) met at UNO every other Saturday to discuss topics including public speaking, debate, critical thinking, business analysis, etiquette, physical fitness, and other life skills. C4K on Display was arranged for these 23 students to showcase their knowledge and investment skills. The competition required the students to work in teams to present persuasive justifications for investing in a particular company to a panel of top executives from the Omahametro area. The winner was P.J. Bryant, who presented an analysis of the Walt Disney Corporation. The idea for C4K on Display stemmed from one of the group’s Saturday research assignments, in which students had to select a product, track the product to its parent company, and then track the company’s stock performance. Bryant purchased two shares of each chosen company’s stock to make the exercise more realistic, and to his surprise, the portfolio began growing over time. “Every session, the students would present information about their companies,” Bryant says. “I noticed an increase in their understanding. They exuded excitement when they presented new facts, and this inspired me to share our Saturday sessions with the public. My desire is for their knowledge, intelligence, and personality to resonate.” PROFESSOR DAVID VOLKMAN AND STUDENTS FROM THE MAVERICK INVESTMENT CAMP IN JULY. 34 COLLEGE OF BUSINESS ADMINISTRATION Ivan Gilreath, president and CEO of Boys & Girls Clubs of the Midlands, addresses the Teen Summit Teen Summit at Mammel Hall The event’s keynote speaker was Allan Houston, a former NBA player, American Olympian, and current assistant general manager of the New York Knicks. Bryant is preparing to take C4K on Display to New York for the annual Allan Houston Foundation fundraiser, where he hopes to continue promoting education, responsibility, and wise choices to young African-American men. “My philosophy with C4K is to continually challenge and stretch the students to reach a higher level,” he says. “I think many of the problems in our “I believe events like today have the potential to be life changers.” community can be solved if we get more young men to understand that getting an education is a great thing. That it’s cool to be smart. And so I think the work is nothing short of changing the culture.” ArtVenture 482 Scouts 52 Local artists 282 Art pieces 350 Attended $100,000 Raised O n June 1, Mammel Hall hosted approximately 158 high school students for a teen summit presented by the Boys & Girls Clubs of the Midlands, Girls Inc., the Completely KIDS Teen LEAP Program, and the YMCA. The event, which spanned the entire day, covered many topics relevant to today’s teenagers including pregnancy, STDs, college preparedness, leadership, proper nutrition, tolerance, and bullying. The sessions were presented to the students by volunteers from the AntiDefamation League, Avenue Scholars, College Possible, EducationQuest, Omaha Public Schools, the University of Nebraska Medical Center, and other organizations. “I just think it was wonderful that you had four different agencies that understood this was important information and provided some opportunities for the kids in those programs to get information as opposed to doing things individually,” said Brad Brown of EducationQuest in a June 25 Omaha World-Herald article. Art Benefits Scouts O ver spring break in March, CBA partnered with the Girl Scouts Spirit of Nebraska to present artVenture 2012. ArtVenture gives scouts the opportunity to work closely with local artists in their studios to learn about specific artistic media and to create collaborative works. The art is then auctioned as a fundraiser for the organization. 2011–12 YEAR IN REVIEW 35 CBA IN COSTA RICA Graduate and undergraduate students study ecotourism while earning credit hours. 82+ students and faculty studied or lectured abroad in 2011-2012. 36 COLLEGE OF BUSINESS ADMINISTRATION Page 36, left: Three pictures of CBA students in Costa Rica; Page 36, right: Executiv Executive MBA team in China; Dr. Yin, associate dean, School of Management, Fud team in Philippines; EMBA team in China; EMBA team in India EXECUTIVE MBA INTERNATIONAL CONSULTING PROJECTS In 2011–2012, Executive MBA candidates completed projects in Australia, China, the UK, India, the Philippines, the Dominican Republic, Germany, France, Spain, Costa Rica, Singapore, Malaysia, and Vietnam ve MBA (EMBA) London, Paris, Berlin project team. Page 37, clockwise from top right: dan University, Shanghai with Birud Sindhav, CBA associate professor, marketing; EMBA 2011–12 YEAR IN REVIEW 37 CBA engages the world CBA professor is columnist for People’s Daily S Shuanglin Lin, Noddle Distinguished Professor of Economics “I analyze the problems China faces, discuss other countries’ experiences, including the U.S. experiences, and provide policy suggestions. My views are well-respected by scholars, policy makers and the general public.” 38 COLLEGE OF BUSINESS ADMINISTRATION haunglin Lin, professor of economics at the College of Business Administration, has added to his list of accomplishments the title of columnist for the website of the People’s Daily newspaper in China. Since late in 2011, Lin has written one column a month for China’s most influential newspaper. His topics have included China’s government budget deficits, tax reforms, social security reforms, government spending, health care reforms, and education reforms. “I analyze the problems China faces, discuss other countries’ experiences, including the U.S. experiences, and provide policy suggestions,” Lin says. “My views are well-respected by scholars, policy makers and the general public.” Lin, who divides his time between China and Omaha, is the founder of the China Center for Public Finance at Peking University in Beijing. He has been an active member of the Chinese Economists Society (CES) for many years, serving as president in 2002-03, presiding over a 600-member organization representing many countries around the world. The China Center for Public Finance focuses on finance and tax policies as they relate to the rapidly evolving Chinese economy. The center engages in theoretical research in public economics, as well as applied research promoting sustainable economic development and equitable income distribution in China. Phani Tej Adidam , director of CBA International Initiatives Joint MBA Degree Program Links CBA and India First of its kind in the University of Nebraska system A fter nearly three years of discussions, the College of Business Administration and RVS Institute of Management Studies in Coimbatore, India have signed a memorandum of understanding to begin a joint 1 + 1 MBA program. “This is the first of its kind in the University of Nebraska system,” says CBA Director of International Initiatives Phani Tej Adidam. Beginning in the fall of 2013, 15 to 20 students in India will be recruited for the RVS-UNO MBA program. Students will study for one year at the Indian campus and instructors from CBA will travel to India to teach four required courses. In the second year, the students will travel to Omaha to complete the second year of courses taught by UNO instructors. Upon graduation, students will receive MBAs from both RVS and UNO. “This will be beneficial to them because in India, a U.S. degree is held in high premium and it differentiates you,” Adidam says. The program will benefit UNO “because it creates a steady stream of highly qualified students coming here to study,” he says. “Our faculty will learn by teaching in India’s emerging market. The Indian students will add value to our classes by interacting with our students, enhancing the educational experience and truly making it global.” Top right and bottom left: from RVS Institute of Management Studies website; Bottom right: traditional Indian sand painting (Rangoli) created in Mammel Hall “The Indian students will add value to our classes ... enhancing the educational experience and truly making it global.” 2011–12 YEAR IN REVIEW 39 2012 CBA Commencement Visitors: 2,000 Graduates: 200 Tempe 40 COLLEGE OF BUSINESS ADMINISTRATION erature: 98.1o Wind: 20 mph Pomp despite circumstance Mammel Hall hosts its first graduation ceremony O JONNA HOLLAND LEADS MBA GRADUATES FROM MAMMEL HALL IN COMMENCEMENT PROCESSIONAL n May 5, 2012, Omaha experienced a warmerthan-usual 98 degree day and gusty 20 mph winds. It was the second day of UNO’s inaugural Graduation Weekend, with a universitywide convocation taking place on Friday, May 4 at Caniglia Field. On Saturday, each college hosted its own individual commencement for the first time. CBA’s pre-ceremony reception drew in 2,000 visitors to Mammel Hall, many of whom returned later to beat the heat and continue the celebration. During the ceremony, nearly 200 graduates (both bachelor’s and master’s levels) crossed the stage in Mammel Hall’s north parking lot. Despite the oppressive weather and first time jitters, students and faculty apparently enjoyed the day. “I thought the ceremony went very well,” says Kristi Wiebelhaus, who graduated with a dual specialization in marketing and management information systems and who was also the featured undergraduate speaker. “It was more personal because you know most of your classmates.” The brevity of the ceremony (precisely one hour and 15 minutes) did not alleviate the suffering of those robed in the required black polyester regalia. “It was like being trapped under a heat blanket,” says Javier Alba, who graduated with specializations in management, finance and banking, and investment science/portfolio management. Until December 2011, UNO’s commencement ceremonies were held indoors at Omaha’s Civic Auditorium downtown and included graduates from all colleges. Alba, who admitted attending graduation only to appease his mother, was glad for a change of scenery from previous functions. “I graduated high school at the Civic,” he says. “That facility is old and is not laid out well for foot traffic. Also the parking downtown is terrible. We have a lot of extra parking here [at Mammel Hall], so that was a definite plus.” Wiebelhaus says the best part of the ceremony was receiving her diploma. “It was such a feeling of accomplishment,” she says. “All I could think was, ‘I did it!’ I was so proud of myself and happy that my family was there to see it and support me.” Of course, CBA faculty were also present to show their support for graduating students. Professor of accounting and CBA graduation planning committee member Jennifer Blaskovich says, “Graduation is the culmination of years of work and the beginning of an exciting time for our students.” “Our participation in the ceremony with them shows that we truly are invested in them as students and alumni.” 2011–12 YEAR IN REVIEW 41 Mark Jaksich Kathy English COLLEGE OF BUSINESS ADMINISTRATION 42 Gail DeBoer Robert Batt 2012 DISTINGUISHED ALUMNI MARK JAKSICH Mark Jaksich is the chief accounting officer of Valmont Industries, Inc., a global diversified manufacturer of structures and center pivot irrigation systems, as well as a provider of custom galvanizing services. Valmont has more than 90 manufacturing locations across six continents with annual revenues approaching $3 billion. Jaksich’s responsibilities include internal and external financial reporting and analysis, maintaining accounting policies for the company, and participating in a wide range of finance and business activities for the company. After graduating from UNO with a BSBA in accounting, Jaksich worked for Peat, Marwick, Mitchell & Company (now KPMG) from 1979 to 1983, when he joined Valmont’s irrigation division as assistant controller of retail operations. Throughout his nearly 29-year career with the company, Jaksich has held finance and accounting positions. During his tenure as international controller, Valmont began expanding international business operations in China, Europe, and Brazil. Jaksich was promoted to his current position in 2000. While serving Valmont, Jaksich also completed his graduate studies, earning his MBA from UNO in 1992. Jaksich has been a long-time board member of the Nebraska chapter of Financial Executives International and has served as a past chapter president. He also serves as chairman of Valmont’s 401K Committee. GAIL L. DEBOER As president and CEO of SAC Federal Credit Union, Gail DeBoer oversees the largest credit union in Nebraska with a staff of more than 200 people in 19 locations, serving eight counties. Since 2007, DeBoer has helped the organization grow from $312 million to more than $560 million in assets. DeBoer has a BSBA in accounting from the University of Nebraska at Omaha. She completed the Certified Public Accountant (CPA) exam and is a Leadership Omaha graduate. She is a member of the Defense Credit Union Council, National Association of Federal Credit Unions, Credit Union National Association, Credit Union Executive Society, and American Society of Military Comptrollers. DeBoer sits on the Board of Trustees for the Omaha Ethics Alliance and the Board of Directors for the Institute for Career Advancement Needs. In 2008, DeBoer was selected to attend the 57th Annual National Security Forum at the Air War College, Maxwell Air Force Base, Ala. In 2010, DeBoer was selected as a member of the Greater Omaha Chamber’s Board of Directors. In 2011, she received the National Association of Federal Credit Union’s CEO of the Year Award and was named the Sarpy County Chamber of Commerce Business Leader of the Year. In 2012, DeBoer was selected to serve as a member of the UNO College of Business Administration National Advisory Board. ROBERT BATT Robert (Bob) Batt is executive vice president of Nebraska Furniture Mart (NFM). He earned a bachelor’s of science in business from UNO in 1976. Batt is an Omaha native and the grandson of Rose Blumkin, who founded NFM in 1937. He began working for the company at age 14. Batt has been active in civic and community organizations at the local, state, and national levels. He currently serves on the Nebraska Liquor Commission, which regulates, licenses, and collects alcohol taxes. He is also a member of the Sarpy County Sports Commission and the Salvation Army Advisory Board. Previously, Batt served on the State Comprehensive Capital Facilities Planning Committee, which reviews building projects requested in the state budget. He also served as chairman of the Omaha Personnel Board from 1998 to 2003. In 2010, Batt was honored as the Omaha Press Club’s 124th member of “Faces on the Barroom Floor.” In December 2010, he was presented the UNO Alumni Association’s Citation for Alumni Achievement. Batt and his wife Janice are active in funding research to eliminate juvenile diabetes and sponsored the 14th Annual Juvenile Diabetes Research Foundation gala in 2011. KATHY ENGLISH Kathy English joined Children’s Hospital and Medical Center in 1991 as vice president for patient care. Within two years, she was promoted to executive vice president and chief operating officer. During her tenure, Children’s has experienced dramatic growth, including the construction and opening of its own freestanding hospital building in 2000, and the more recent completion of the Children’s Specialty Pediatric Center. In 2011, Children’s was ranked for the first time by U.S. News & World Report as a “Best Children’s Hospital” in cardiology, heart surgery, and orthopedics. English’s emphasis on employee engagement contributed to national and local recognition for Children’s as one of Modern Healthcare’s “Best Places to Work in Health Care” (2008), and as one of the “Best Places to Work in Omaha” (2003, 2011, and 2012). English shares her business and health care expertise as an international consultant to the Joint Commission Resources/Joint Commission International and also serves on the boards of the Center for Human Nutrition, Ted E. Bear Hollow, March of Dimes, and the Juvenile Diabetes Research Foundation. English earned her Executive MBA in 1995 from the University of Nebraska at Omaha. 2012–13 YEAR IN REVIEW 43 SCHOLARSHIPS Tal Anderson Athletic Scholarship Zachary Croonquist Brandon Winkelman Charles and Gloria Billingsley Scholarship Brett Castinado Benjamin Gensichen Tara Stenslokken Robert Bernier NBDC Scholarship Traci Miller Beta Gamma Sigma Scholarship Daniel Klosowski Ron and Shirley Burns Leadership Scholarship Jennifer Janovich Andrew Juricek Tyler Mueller Dr. James Conway Memorial Scholarship Michael Bone Supriya Giri Jessica Reilly Dean’s Excellence Award Supriya Giri Ayush Panta Max Zoubga Delaine R. and Dorothy M. Donohue Scholarship Megan Romero R. Craig Hoenshell Leadership Scholarship Battsetseg (Lucy) Batjargal R. Craig Hoenshell Initiative Scholarship Brandon Dlugosz Brandon Drahota Keith Fix Paul Irvine D’Antae Potter Lindsay Wyant R. Craig Hoenshell Talent Scholarship Qianqian Chen Mara Hood Deepak Thapa Dean and Maria Jacobsen Scholarship Alixandria Boham Elizabeth Thompson Kellogg USA Inc. Scholarship Suela Cela Kin Lau Keith V. Kiernan Scholarship Brenda Andrews Jerrod Foster Casey Pendleton Mai Tran Robert Kreitner and Margaret A. Sova Tuition Scholarship Kelsey Bigando Ria Carpenter Maya Doghman Daniel Klosowski Devyn Musil Patricia Ryan Robert Kreitner and Margaret A. Sova Textbook Award Samantha Bonacci Christopher Fisher Alexandria McIlnay Mika Yonamine Trever Lee Memorial Scholarship Krystal Fessler Sam and Dorie Leftwich Scholarship Kelsey Bigando Darian Bockman Anthony MacBride Dylan McMahon Mammel CBA Student Scholarship FRESHMAN Marco Ortiz Jenna Stotz SOPHOMORE Monica Bosiljevac James Kerrigan Kara Weiler JUNIOR Matthew DeBolt Emily Ridder Colin Sorensen Tom Bosco SENIOR Tyler Budke Brittany Knudtson Michael Mills Blaine Remmick Kristi Wiebelhaus Frank L. Mansell Memorial Scholarship Program Amanda Bockelman Brandon Drahota Asiha Eona Mark Hennings Sibei (Roger) Jiang Scott Weaver Richard and Jeanne Morrison Nuts and Bolts Inc. Scholarship Daryl Kohlscheen Charles T. and Denise A. Olson Scholarship Emily Burr Allison Clark Ryan Cook Asiha Eona Mark Hennings Roxanne Hodges Alyson Howard Andrew Juricek Zachary Lorenzen Evan O’Keefe Robert C. Stedman Scholarship Alexandria McIlnay Joshua Newton Steven Nielsen Casey Pendleton Major Thomas A. Spencer Scholarship Michael Bone Union Pacific Scholarship Lindsey Bryan Andrew Juricek Molly Luebe Dylan McMahon Cortney Pauley Kelsey Wright Qian Zhang Union Pacific Diversity Scholarship Jing Zhao Union Pacific MBA Scholarship Meenakshi Kumari Arbin Shrestha William Ramsey UNO/CBA/Urban League of Nebraska Partnership Scholarship Mara Hood D’Antae Potter The Woodman of the World Leadership Scholarship Kelsey Bigando Maya Doghman Horace Wu and Kate King Wu International Scholarship Jas Min Lai Frankel Zacharia, LLC Scholarship/Fellowship Hui Ru Ng Paul and Barbara Kistler Scholarship Fund Jennifer Janovich Nebraska Society of CPAs Scholarship Kurtis Evon William Gier Alyson Howard Andrew Jezewski Devyn Musil Cortney Pauley Richard E. Prince III Memorial Scholarship Stephanie Vanicek Weihua Xue Beverly Grace (Ward) Spencer Memorial Accounting Scholarship Ashia Eona Ora C. and Fred B. Vomacka Memorial Scholarship Huimin Chen Spencer Cox Kurtis Evon William Gier Alyson Howard Brian Jeter Andrew Jezewski Jianping Liu Devyn Musil Hui Ru Ng Benjamin O’Brien Jake Olsen Ross Olsen Cortney Pauley Emily Thomas Rebecca Thomas Danielle Turille Stephanie Vanicek Lindsay Wyant Horace Wu and Kate King Wu Scholarship Daniel Klosowski Hui Ru Ng Jennifer Whitacre John Guinn Memorial Accounting Scholarship Jessica Reilly Gary Penisten Scholarship Gerald Karlin Business Scholarship ECONOMICS David Raymond Scholarship Ben and Martha Simmons Scholarship Natan and Hannah Schwalb Scholarship James P. Duff Memorial Business Scholarship Benjamin Gensichen Jacquelyn Bevilacqua Morgan Birkel John Dunn David Farris Allison Foy Evan O’Keefe Securities America Financial Inc. MBA Scholarship Blake Maaske Herbert Sklenar Scholarship Julia Adler Chelsea Alt Morgan Brazeal Teresa Cansing Chelsea Claus Kristine Hanus Tyler Holland Brittany Knudtson Molly Luebe Cassandra Phillips Aaron Wrigley Kaylee Erlbacher Daniel Foster Cristian Gonzalez Matthew Henson Kelcee Matousek ACCOUNTING Ronald J. Bauers Memorial Scholarship Emily Ridder Scott Copple Memorial Accounting Scholarship Rebecca Thomas Timothy J. Jensen Accounting Scholarship James C. Horejs Scholarship John Dunn Christopher Fisher Quan Zhang Bun Song Lee Scholarship Karim Sifflet Barbara O. Miller Memorial Scholarship GRADUATE Joshi Chatterjee SENIOR Blaine Remmick JUNIOR Benjamin Van Hoolandt Union Pacific Econ Scholarship John Dunn Jennifer Whitacre FINANCE, BANKING, AND REAL ESTATE John A. & Phyllis S. Jeter Accounting Scholarship Hollis and Helen Baright Foundation Scholarship Ernest H. Kenyon Scholarship in Accounting Ed Belgrade Scholarship Autumne Phillips Mika Yonamine Landmark Group Scholarship Justin Muhammad C. Glenn Lewis Scholarship Danny Karch Mid-Continent Chapter (CCIM) Scholarship Erica Gouw Society of Industrial and Office Realtors (SIOR) Scholarship Casaundra Kimbrough Derick Lewin Omaha Area Board of Realtors (OABR) Scholarship Daniel Klosowski MARKETING AND MANAGEMENT William Brown Memorial Scholarship Brandon Dlugosz C. Marsh Bull Honors Scholarship in Marketing Brandon Dlugosz Dean John Lucas Marketing Scholarship Traesha Stevenson First National Bank of Omaha Human Resources Scholarship Brittany Preister Katherine Hazlett David Head Robert Benecke Outstanding Business Finance Scholarship Morgan Brazeal Nebraska Bankers Association Scholarship Amanda Bockelman Krystal Fessler Ryne Higgins Tyler Holland Brittany Knudtson Nathan Lyle Cortney Pauley Mateen Sharif-Kashani Mai Tran Scott Weaver Rebecca Thomas Stephanie Vanicek Matthew Coufal Kenny Sibrian Eric Petersen Donnay Tuttle Financial Executive Institute Scholarship for Outstanding Finance Student NSCPA 5th Year Scholarship Laura Gogan Memorial Scholarship Grant Pille Building Owners and Managers Association (BOMA) Scholarship Ryan Hettinger Joseph Reitman Matthew Smith M.C. Biggerstaff Memorial Scholarship Adam Schmit Mammel Hall luncheon: Margaret Sova and Robert Kreitner with some of their scholarship recipients INTERNSHIPS ECONOMICS First National Bank Abdoul Traore Lucas Sperling Sandhills Publishing Charlotte Wender Northwestern Mutual Charlotte Wender FINANCE, BANKING, REAL ESTATE TD Ameritrade Qianqian Chen Union Pacific Railroad Raychel M. Genant TD Ameritrade Heather L. Hottman Midwest Housing Equity Group Inc. Nicole R. Koster Footprints Asset Management & Research Christopher L. Moore TD Ameritrade Ayush Panta Union Pacific Railroad Jon M. Yazdi Nebraska Medical Center Evan D. O’Keefe TD Ameritrade Chad K. Petersen Great Western Bank Erica L. Schroeder Javlin Capital Hui Ru Ng Supertel Hospitality Inc. Adam M. Webb First National Bank Legal Department Ryan J. Dorcey USSTRATCOM Jonathan D. Lemon PDA Group Jyothi P. Samudrala USSTRATCOM Katie D. Noerrlinger Hayneedle Kelsey E. Short REAL ESTATE AND LAND USE ECONOMICS Teammates Downing Properties Limited Claire Wiese Group Cares Heafey-Heafey-HoffmanDworak-Cutler Funeral Home Shea M. Stokely Danielle Wheeler Fastenal ConAgra Foods ACCOUNTING Union Pacific Railroad First National Bank Air Force Audit Austin L. Graham Matthew E. Zgoda Orthopaedic Marketing Group MARKETING MANAGEMENT Kelsey J. Bigando James M. Gerold Shannon C. Mazour 1Staff Training Andrew M. Swartz Dillon Brothers Harley Davidson Crystal C. Nguyen Thomas L. Kinney Agro National of NAU Country Insurance Craters and Freighters Eric C. Otte Telvent DTN Jacob B. Michnick Ready or Knot (Wedding Chic) Caylee A. Qualheim Amanda J Monzingo Union Pacific Railroad Primerica Financial Services Maurissa E. Thiele ConAgra Foods Michael T. Nelson C. H. Robinson Worldwide Cheryl A. Rix Nicholas I. Wilcox Columbus Community Hospital Northwestern Mutual Financial Network Ryan J. Rosenquist ConAgra Foods Jing Zhao Christina M. Soto Union Pacific Railroad Control Depot Brandon T. Drahota David Yosten ConAgra Foods Agile Transformation Inc Kyle D. Janda Kelsey J. Bigando Farm Bureau Financial Services “Saration, LLC DBA: Pet’s Earth” Luke T. Johnson Andrew S. Bishoff Lozier Corporation Strategic Air & Space Museum Jaclyn J. Villafuerte Brittany M. Knudtson Godfather’s Pizza Adam Vanzee Access Commercial Will Gier Avenue Scholars Adam Stahlecker Ryan Bartman Blackman & Associates Blake York Hui Ru Ng Nathan Miller Bland & Associates Zach Reavis ConAgra Christie Schaffart Michael Marron Corps of Engineers Nathaniel Bancor DeBoer & Associates Gerard Beal Katherine Papadopoulos Robert Colan Tyler Keffeler UNO Athletics Bemis Center for Contemporary Arts Maximilian Kopfle Holmquist Lumber Corporation Northwestern Mutual Alisha Kuhlman Brittney Y. Thompson Ciara L. Lee Katana-Summit Windtower Manufacturing Battle Sports Science Shane Bennett John Day Company Myles J. Valencia Michelle M. Rivera Swanson Russell Nathan S. Seefeld Hy-Vee USSTRATCOM Amanda L. Ballweg Kevin L. Watson Allyson Howard Benjamin Brown Red Robin Corp Executive Hotel Riyadh--HMH Group IPG Andrew Mercier KPMG Lozier Corporation Alex Stowe CCS Corporation Khaled A. Al Oreej Bank of the West Abdulaziz S. Alzeer Colin Walker Jeremy Klein Pacific Life Brian E. Beard Mutual of Omaha Enterprise Rent-A-Car Jensen Tire Company Michael D. Capossela Alhenaki Furniture Lutz & Company Pacific Life Evan O’Keefe Zach Croonquist Paul T. Dushinske Creighton University Karyn Moss Mutual of Omaha Insurance Natalie J. Ebke Slattery Vinage Estates Northstar Financial Services Mara S. Hood Rachel A. Jackson Union Pacific Railroad USSTRATCOM PayFlex Systems Heather Hottman Kevin L. Watson Daniel Klosowski Heritage Financial Services Proforma Identity Marketing Group Regal Printing Company Tom Bosco Shea M. Daharsh Jacob L. Marousek Sophie Plumb Adam Cooper Adam Potter Allison Foy Andrew Juricek Asiha Eona Brittney Grabow Carla Goodsell Devyn Musil Eric Kula John West Kaylee Erlbacher Krystal Fessler Lauren Kirschman Michael Mills Mika Yonamine Morgan Brazeal Rebecca Thomas Roxanne Hodges Tyler Holland Wendy Xue Will Gier Zach Lorenzen Hancock & DanaMichael Marron Senior Market Sales, Inc. Stephanie Vanicek Ann Hutson Brandon D. Clark William Harvey Company Sarah White Patricia M. Ryan Suela Cela Miles Krumbach Great Plains Communication Midland University Lindsey N. Bryan Union Pacific Railroad West Corporation Koryn Nordquist Farmers Insurance Group James J. Watson Gregory Cyrus Michaela Beckman West Corporation Cortney Pauley First National BankBlair Brown Frankel Zacharia TD Ameritrade Wahoo Pharmacy TSys Merchant Solutions UPDS Devin Tierney Edward Schroeder, CPA Lisa Flesner MBA Cornelius “Reed, Jr.” Tony Buda Deloitte and Touche Crystal I. Haynes Juan J. Montoya Stephanie Pravecek National Park Service Derek Stearns Logen A. Watts Habitat for Humanity Michael F. Muller CBA Awards Celebration: top: Mark Caniglia; Bottom: Kaylie Caldwell, Brooke Buda, Paloma Nazaraghaie FACULTY AND NATIONAL ADVISORY BOARD ACCOUNTING Susan Eldridge, Associate Professor and Department Chairperson, 2002. Union Pacific Professorship. Ph.D., University of North Carolina-Chapel Hill, 1997. Jack Armitage, Associate Professor, 1983. Distinguished Alumni Professor. Ph.D., University of Nebraska-Lincoln, 1987, CPA. Richard File, Professor, 1991. Spencer Professorship. Ph.D., University of Texas 1981, CPA. Wikil Kwak, Professor, 1989. Distinguished Alumni Professorship. Ph.D., University of Nebraska-Lincoln, 1990. Jennifer Blaskovich, Associate Professor, 2007. Ph.D., University of Nebraska-Lincoln, 2005. Burch Kealey, Associate Professor, 2001. Hockett Professorship. Ph.D., University of Oklahoma, 1996. FINANCE, BANKING AND REAL ESTATE Birud Sindhav, Associate Professor, 2000. Ph.D., University of Oklahoma, 2001. David Volkman, Associate Professor and Department Chairperson, 1989. Cloud Professorship. Ph.D., University of Nebraska at Lincoln, 1992. Michael Breazeale, Assistant Professor, 2012. Ph.D., Mississippi State University, 2010. Michael O’Hara, Professor, 1981. J.D., University of Nebraska-Lincoln, 1978. Ph.D., University of Nebraska-Lincoln, 1983. Wei Wang Rowe, Professor, 1999. Nebraska Bankers Professorship. Ph.D., Southern Illinois University at Carbondale, 1999. Kathleen Henebry, Associate Professor, 1992. Ph.D., University of Illinois, Urbana-Champaign, 1992. Greg Morin, Lecturer. MA, University of Nebraska at Omaha, 1999. Darryll Lewis, Associate Professor, 1986. J.D., Creighton University, 1978. Roopa Venkatesh, Assistant Professor, 2009. Ph.D., University of NebraskaLincoln, 2008. Graham Mitenko, Associate Professor, 1987. DBA, Memphis State University, 1987. Tim Yoder, Assistant Professor, 2010. Ph.D., Penn State University, 2006. Jeffrey Bredthauer, Assistant Professor, 2012. Ph.D., University of Nebraska-Lincoln, 2011. Timothy Rooney, Instructor, 2012. MBA, Creighton University, 1989. ECONOMICS Donald Baum, Associate Professor and Department Chairperson, 1987. Ph.D., Claremont Graduate School, 1979. Catherine Co, Professor, 2000. Lindley Professorship. Ph.D., Rutgers University, 1995. Christopher Decker, Professor, 2001. John Lucas Professorship. Ph.D., Indiana University, 2000. Arthur Diamond, Professor, 1986. Ph.D., University of Chicago, 1978. Shuanglin Lin, Professor, 1989. Noddle Professorship. Ph.D., Purdue University, 1989. Mark Wohar, Professor, 1988. CBA Distinguished Professorship. Ph.D., University of Illinois, 1985. William Corcoran, Associate Professor, 1980. Ph.D., Rutgers University, 1979. Jinlan Ni, Associate Professor, 2006. Ph.D., Purdue University, 2005. John Dogbey, Instructor, 2012. Ph.D., West Virginia University, 2009. Laura Beal, Lecturer. MBA, University of Nebraska-Lincoln, 1991. UNO CENTER FOR ECONOMIC EDUCATION Michael Maroney Omaha Economic Development Corp. Mickey Anderson Performance Auto Group Fran Marshall Girl Scouts-Spirit of Nebraska Dennis D. Blackman Blackman & Associates Lloyd A. Meyer Leo A Daly John Bredemeyer Realcorp, Inc. Gary D. Penisten Sterling Drug (retired) Gail DeBoer SAC Federal Credit Union Mary Prefontaine ICAN, Inc. Becki Drahota Mills Financial Marketing Cynthia Prestwood Merrill Lynch Ivan Gilreath Boys and Girls Clubs of the Midlands Ross Ridenoure Parsons Dan Gomez Mutual of Omaha Bank Rick Sampson Valmont Industries Frances Grieb Deloitte & Touche LLP (retired) Jeffrey R. Schmid Omaha Financial Holdings, Inc. Mark Grieb AAA Nebraska Robert E. Synowicki, Jr. Werner Enterprises, Inc. Tim Hart First National Bank Mark Theisen Woodmen of the World (retired) Jason Henderson Federal Reserve Bank of Kansas City Mike Walter Mike Walter & Associates Richard Yoder, Pollution Prevention Regional Information Center, 1996. BS, Iowa State University, 1982. Rod Heng KPMG LLP (retired) Roberta Wilhelm Girls Inc of Omaha John Hoich Hoich Enterprises Thomas Warren, Sr. Urban League of Nebraska ADMINISTRATION Jack Koraleski Union Pacific Railroad Horace Wu Attorney James Dick, Co-Director, Professor, Ed.D, Indiana University, 1974. Kim Sosin, Center Associate, 1980. Ph.D., University of Nebraska-Lincoln, 1970. MARKETING/ MANAGEMENT Andrew Alexander, Manager, Procurement Technical Assistance, 2006. MA, Central Michigan University, 1981. John E. Erickson Jr., Associate Professor and Department Chairperson, 2003. Ph.D., University of Nebraska-Lincoln, 2004. Martin Kostecki, Senior Community Service Associate, 2001. MS, Purdue University, 1972. Phani Tej Adidam, Professor, 1996. Executive Management Education Professorship. Ph.D., Texas Tech University, 1996. Ziaul Huq, Professor, 1987. Ph.D., University of Kentucky, 1990. Tom Martin, Professor, 1989. Ph.D., University of Iowa, 1977. Rebecca Morris, Professor, 1988. Ph.D., University of Nebraska-Lincoln, 1988. John Anstey, Associate Professor, 1968. Ph.D., University of Arkansas, 1974. John Hafer, Associate Professor, 1989. Ph.D., University of Nebraska-Lincoln, 1979. Jonna Holland, Associate Professor, 1996. Ph.D., University of NebraskaLincoln, 1996. James Jones, Associate Professor, 1998. Ph.D., University of NebraskaLincoln, 1998. Distinguished marketing and management faculty at CBA Awards Celebration: Instructor Pamela Peterson, Professor Dale Eesley, Professor Patricia Meglich DEAN’S NATIONAL ADVISORY BOARD Mary Lynn Reiser, Co-Director. MS, University of Nebraska at Omaha, 1993. NEBRASKA BUSINESS DEVELOPMENT CENTER Amy Rodie, Associate Professor, Marketing, 1994. Ph.D., Arizona State University, 1995. COLLEGE OF BUSINESS ADMINISTRATION Pamela Peterson, Instructor, 2012. MBA, University of Chicago, 1997. Nate Bjorklund, Lecturer, 2011. MBA, University of Nebraska at Omaha, 2011. Robert Ottemann, Associate Professor, 1973. Ph.D., University of Nebraska-Lincoln, 1974. J.D. Creighton University, 1984. 46 Patricia Meglich, Assistant Professor, 2007. Ph.D., Kent State University, 2006. Erin Pleggenkuhle Miles, Assistant Professor, 2011. Ph.D., University of Texas at Dallas, 2012. Olivier Maisondieu Laforge, Associate Professor, 2004. Ph.D., University of Cincinnati, 2004. jillian Poyzer, Instructor, 2011. MA, University of Nebraska at Omaha, 2006. Ginamarie Ligon, Assistant Professor, 2012. Ph.D., University of Oklahoma, 2004. Steven Shultz, Professor, 2005. Baright Professorship. Ph.D., University of Arizona Xiaoyan Cheng, Assistant Professor, 2009. Ph.D., University of NebraskaLincoln, 2009. Laura Ilcisin, Lecturer. MBA, University of Nebraska at Omaha, 1980. Dale Eesley, Assistant Professor, 2008. Ph.D., University of WisconsinMadison, 2002 Marisol Rodriguez, Technology Commercialization, 2012. MS, University of Nebraska at Omaha, 2007. Jean Waters, Senior Community Service Associate, 2001. MS, Kansas State University, 1978. Louis Pol, John Becker Dean, Professor, 1984. Ph.D., Florida State University, 1978. Lynn Harland, Associate Dean, Professor, 1989. Ph.D., University of Iowa, 1991. Robert Bernier, Assistant Dean, NBDC State Director, 1979. Ph.D., University of Nebraska at Omaha, 2000. Alexandra M. Kaczmarek, Director, MBA Program, 1990. MBA, University of Nebraska at Omaha, 1989. David Nielsen, Director, IT and Budget, 1990. MS, UnIversity of Nebraska at Omaha, 1992. Bill Swanson, Director EMBA/ Professional Management Education. MBA, University of Nebraska at Omaha, 1991. Distinguished Alumni Luncheon: Amy Ryan, Tim Hart Nagaraj V. Mylandla at CBA Awards Celebration For more information, contact Sue Kutschkau at 402-502-4109 or via email [email protected]. Dear alumni and friends, While the state provides funding for basic operations, the academic opportunities and enhancements that advance UNO’s College of Business Administration come from private gifts. These gifts provide scholarships, help to attract and retain outstanding faculty, enhance programs, and allow the college to take advantage of unique opportunities. To make a gift, complete the following information and place in an envelope addressed to: University of Nebraska Foundation, 2285 South 67th Street, Suite 200, Omaha, NE 68106. Don’t forget to check with your employer for matching gift opportunities. My total gift is $ _____________. Please designate for UNO fund(s) as follows: CBA College Fund (All Depts.) #2496 $ ________ CBA Management Fund #5078 $ ________ CBA Economic Excell. Fund #5048 $ ________ Nebraska Bus Dev Center (NBDC) #2822 $ ________ CBA Finance & Banking Fund #5039 $ ________ CBA Professional Accounting Fund #5008 $ ________ CBA Marketing Fund #5105 $ ________ CBA Real Estate/Land Use Fund #5040 $ ________ UNO Entrepreneurship Fund #1631 $ ________ EMBA Excellence Fund #1089 $ ________ Name__________________________________________________________________________________________________________ Address________________________________________________________________________________________________________ City______________________________________________ State_____________________ Zip__________________________________ Phone_________________________________________________________________________________________________________ Email__________________________________________________________________________________________________________ I am paying by: Check payable to UNIVERSITY OF NEBRASKA FOUNDATION Visa MasterCard Discover American Express Card Number_________________________________________________________ Exp. Date__________________________________ Cardholder’s Signature____________________________________________________________________________________________ Or give online at nufoundation.org/UNOCBA 2011–12 YEAR IN REVIEW 47 NON-PROFIT ORG U.S. POSTAGE PAID OMAHA NE PERMIT NO. 301 College of Business Administration University of Nebraska at Omaha Mammel Hall 300 6708 Pine Street Omaha NE 68182-0048 402-554-2303 http://cba.unomaha.edu Commencement at Mammel Hall, May 2012: Fredrick Bergman, Megan Landolt, and Kyle Ensign. Bergman and Ensign were both UNO Maverick hockey players.