Lukenda School of Business December 2014 Lake Superior State University
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Lukenda School of Business December 2014 Lake Superior State University
Lukenda School of Business Lake Superior State University December 2014 Lukenda School of Business Garners Initial Accreditation from ACBSP In an email dated Wednesday, Nov. 19, accreditation co-champion Prof. Mindy McCready learned that the Lukenda School of Business has been granted initial accreditation by the ACBSP Board of Commissioners. Within a few weeks, the school will receive an official hard copy of this notification, and a formal press release will follow. All new recipients of initial accreditation celebrate this accomplishment at the ACBSP national conference in Philadelphia, PA in June 2015. Our thanks go out to all who assisted in this effort. We’ve demonstrated the high quality of business education at LSSU and our commitment to continuous improvement. We all have reason to be proud! Professional Advisory Board Meets On October 24th, the Lukenda School of Business (LSB) hosted its semi-annual Professional Advisory Board (PAB) meeting. This group of twenty business professionals from throughout the Midwest gathered to provide input to improve academic programming and operation of the school. In particular, they discussed desired graduate attributes, as well as posed the question “What is our excellence model? Not price, not location. What is our excellence model?” We were also charged with defining the LSB Value Statement, as in “how do we add value” or “what is the value.” Finally, the PAB members spoke with current students who shared their ideas on how to improve LSB operations. Alum Wishes to Relaunch LSSU Professional Business Fraternity Lake Superior State University business alum Jan Bednarz (center right), President of the Professional Advisory Board, gives his business professor and mentor, Dr. Madan Saluja, an honorary “Lambda jacket” as LSSU Foundation Executive Director Tom Coates (left) and School Dean David Roland Finley look on. Bednarz’s gift of the jacket kicks off an effort to reestablish LSSU’s Lambda Sigma Beta business fraternity. He also made two $5,000 gifts to scholarships Saluja has created, one in Lambda’s name, the other, for track and field student-athletes. Bednarz and Coates are both Lambda alums from their days at Lake State. Bednarz (’72) is a 2005 School of Business Distinguished Alumnus Award winner and Vice President with MJ Insurance, Inc. (LSSU/John Shibley) Lukenda School of Business Lake Superior State University December 2014 Marketing Students Devour 100 Competitors in 30 Minutes Lake Superior State University students Rachel Rowswell, left, and Susan Kirkman bettered more than 100 other students from a half-dozen other Michigan and Wisconsin universities during a regional American Marketing Association (AMA) marketing competition held at Ferris State in Big Rapids, Mich. After receiving a mini-case based on a fictional company, Roswell and Kirkman had 20 minutes to create a strategy that solved a case problem before going in front of a panel to present their ideas for no more than seven minutes. Judges followed up with questions based on the team’s recommendations. Roswell and Kirkman will now be invited to a national AMA meeting in New Orleans, La., on March 20. Rowswell is a junior from Sault Ste. Marie, Ont, with dual majors in communication and business administration/marketing. Kirkman, a senior from Vernon, Mich., is finishing a bachelor’s degree in communication with minors in public relations, marketing, and speech and drama. She is also earning an associate’s degree in liberal arts/communication. (LSSU/John Shibley) LSSU to Offer More Business Classes to Adult Learners This Spring Lake Superior State University’s Lukenda School of Business will be offering additional evening classes this spring to help educate more adult learners who seek to start school or perhaps pick up where they left off some years ago. LSSU is offering several introductory classes in the evenings this spring, including “Introduction to Business,” “Business Communications,” “Marketing Principles/Strategy,” and “Principles of Accounting I.” Classes from the common professional component (core) for all business students are also being offered during the evening, including “Management Information Systems,” “Operations/Business Analytics,” “Principles of Accounting II,” and “Business Policy.” Two specialty courses will also be offered in the evenings: “Organizational Behavior” and “Investments.” “In addition, a new degree, a bachelor of science degree in business administration specifically designed for returning adult learners, was launched this fall on the LSSU campus in Sault Ste. Marie,” according to Dr. David Finley, dean of the Lukenda School of Business. “To earn this degree, students complete the university's general education requirement, the business school's common professional component, and a business minor of their choosing.” By offering these evening classes in Sault Ste. Marie, Finley said LSSU wants to provide opportunities akin to what it has been offering for adult or “non-traditional” learners at its Petoskey and Escanaba regional centers for many years. Lukenda School of Business Lake Superior State University December 2014 “We want to make this opportunity available to more students in the Eastern Upper Peninsula and Northern Ontario, as well,” Finley said. Pending demand, LSSU will explore offering weekend classes in the future. Also, more online courses are planned for this summer. SHRM Student Chapter Attends Northern Michigan SHRM Quarterly Programs In September, four students who belong to the Society for Human Resource Management (SHRM) Student Chapter at LSSU traveled to Petoskey, MI to attend the Northern Michigan SHRM Quarterly Program. Megan Baril, Kristen Berry, Briana Till, and John Orttenburger had the opportunity to learn from presenters about current human resources issues. MIOSHA law, a skills gap in Northern Michigan and what one employer is doing to address that gap, and the impact of the Affordable Care Act on employers were the topics presented. Funds provided by the Bollin Family Professional Advancement Grant made it possible for the students to attend this program. Students who attended the November program viewed the SHRM Foundation’s DVD “Seeing Forward, Succession Planning at 3M,” then discussed what was learned and had a Q&A period. Networking, lunch, and a quarterly membership meeting followed. Left: The November SHRM program was attended by Erin Anderson Scott, Kristen Berry, Sheila Berger, and Brittnee Dault. Lukenda School of Business Lake Superior State University December 2014 LSSU increases R.W. Considine Hall (formerly South Hall) project by $1.5 million Lake Superior State University’s Board of Trustees voted to increase the university’s R.W. Considine Hall building project to $13.5 million, which is $1.5 million more than the project’s original projected cost. The additional funds will come from capital already raised by the LSSU Foundation, with no additional funds coming from the state, which has approved $9 million toward the project. Once completed, the newly refurbished South Hall, renamed R.W. Considine Hall to honor benefactor Robert Considine of Trout Lake, will house the Lukenda School of Business and will provide state-of-the art facilities for all students on campus. “We are pleased with the Board of Trustees' approval to move ahead with the project and are looking forward to getting the construction work started,” said LSSU President Tom Pleger. “This project will be a major improvement for the campus and will position the Lukenda School of Business for growth.” LSSU Vice President of Finance Sherry Brooks said LSSU tried to shave some of the expense from the project in July after bids came back $2 million over budget. “We went over everything carefully before rebidding the project in October, but it still came back at $1.5 million over budget,” Brooks said, adding that the university could have considered changing the “footprint” of the project, but wanted to keep the building as the donors expected when they were asked to contribute to the project cost. In addition, major design changes would mean additional costs. She told the board that LSSU’s best option is for the university to proceed with the project and cover the extra costs. Most of the needed funds will come from money already raised. The LSSU Foundation brought in $3.6 million in its capital campaign for the building, which was $600,000 more than expected. In addition, the project budget includes a $700,000 contingency line, some of which may not be needed for the project. After discussion, the board voted unanimously to approve the increased price of the project. Board Chair Scot Lindemann said he is eager to see the long-awaited project move forward. Construction is set to begin this spring and conclude in spring semester 2016. R.W. Considine Hall is a former Fort Brady barracks that was built in the early 1900s when the U.S. Army moved to this hilltop location from the banks of the St. Mary's River. Lukenda School of Business Lake Superior State University December 2014 Accounting Club attends IMA Student Leadership Conference Seven members of the Accounting Club attended the Institute of Management Accountants (IMA) Student Leadership Conference in Indianapolis, Indiana November 6th – 8th. The conference gave the students an opportunity to connect with business professionals and other students. They attended breakouts on a number of topics, including resume’ building, networking, and ethics. A tour of the Indy Race Car Factory, including the opportunity to test out race car simulators was included in the conference. In addition to fundraising activities by the students, the Bollin Family Professional Advancement Grant, the LSSU Foundation, and the LSSU Student Government Funds provided funds to make this trip possible. Left: Robert Podleski, Benjamin Way, Justin Pollard, Angela King, Ginger Thompson, Meghan Spencer, and Kelsey Lewis enjoyed a visit to the Indy Race Car Factory while attending the IMA Student Leadership Conference. Development Day is a Success! The Sault Ste. Marie Chamber of Commerce and the Sault Ste. Marie Convention & Visitors Bureau sponsored a Development Day at LSSU. Dr. Linda Schmitigal-Snyder’s Training and Development class prepared training sessions on a variety of topics that would be relevant to local small business owners. In addition, Dave Serino, an online web consultant hired by the Sault Ste. Marie Convention & Visitors Bureau, provided training on using social media to promote your business. Above: Sam Christensen, John Orttenburger, and Briana Till after presenting “Communicating with Millennials” during Development Day, sponsored by the Sault Ste. Marie Chamber of Commerce and the Sault Convention and Visitor Bureau.