YEA
YEAR IN REVIEW 2013-2014
THE YEAR IN REVIEW
Above: Dean Pol at the Midtown Crossing Summer Concert sponsored by the University of Nebraska at Omaha. Cover: Executive MBA class of 2013 at December graduation in Mammel Hall Keep Calm and Take Care of Business was the August 2013 Welcome Week theme
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he publication of the college’s 2013-2014 annual review coincides with the start of our fifth year in Mammel Hall. Our observations with respect to how our students, faculty, staff, and community partners use our new spaces have far exceeded our initial hopes in all the best of ways. Most importantly, the classrooms, laboratories, and meeting spaces along with our common areas have been used to advance programs consistent with our mission and vision. The stories within this edition are ones of success built upon innovation. While we are committed to excellence in education in the standard fields of business such as accounting, economics, finance, marketing and management, we are also dedicated to graduating future leaders in more specialized fields including banking, investment science, real estate, human resources management, supply chain management, and entrepreneurship. At the same time, our partnerships in joint academic programs and research with other colleges at the University of Nebraska at Omaha, colleges at the University of Nebraska Medical Center, universities worldwide, as well as local and regional businesses, government agencies and non-profit organizations, make it possible for us to advance initiatives not often found at other universities. Our classroom and research work benefit greatly from the intellectual diversity that results from these partnerships. Our college is evolving in a purposeful way. The changes underway are exciting, and I encourage you to visit and see them for yourself. Please stay connected to us through attending a lecture, a program celebration or one of our student competitions. You can also visit us at our website or Facebook page. We look forward to your email messages, telephone calls, or postal communication regarding our people and programs.
ALL THE BEST,
LOUIS G. POL, JOHN BECKER DEAN
STAY IN TOUCH
unocbainfo@unomaha.edu facebook.com/UNOCBA CBA.unomaha.edu
AN AUSPICIOUS YEAR
This page clockwise from top: artist Jun Kaneko at the art reception for the professional and student artists whose works are exhibited in Mammel Hall; Daniel Kinsella, Susan Eldridge, Laura Ilcisin, and Tim Yoder at the celebration for the accounting program’s AACSB accreditation; David Brown, president and CEO, Greater Omaha Chamber of Commerce, featured at the fall MBA Leadership Speaker Series; Margaret Sova and Robert Kreitner with their scholarship recipients at the scholars and donors reception in September.
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An auspicious year
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hile Mammel Hall is home to the College of Business Administration, it is growing increasingly clear that its doors are wide open as a meeting place and resource for the community as well. CBA Dean Louis Pol says that he often stands on the third floor walkway and marvels at the diversity of groups convening and the wide variety of events taking place throughout the building. “Mammel Hall serves as a venue that allows us to be a partner with local organizations in ways we never could before,” he says. The flexibility of Mammel Hall to be transformed into a high-tech meeting area, a sold-out speaker’s venue, a reception and fine dining hall or an art gallery “has changed the nature of the relationships we have with civic organizations and the business community,” Pol says.
A good example of this new synergy can be found in CBA’s cooperation with the Girl Scouts of Nebraska artVenture program. In this mentorship and fundraising program, girls collaborate with local professional artists to create all sorts of art from painting and ceramics to mixed media and photography. For the past several years, Mammel Hall has hosted the culminating event where the girls’ art along with works contributed by the professional mentors are auctioned. “They brought their work here for an exhibition in March,” Pol says. “We removed all the furniture from the first floor and for two days created an art gallery— one that had some pretty high volume traffic.” On the first day of the 2014 event, over 600 relatives and friends came through the building to view the artwork. The next evening, 300 patrons came for a reception and to bid on the art. “Some very high profile and successful people have joined our advisory boards and have become more
August
28 CBA Welcome Week
SEPT
10 How Angels are Key to Building a Tech Hub, Dale Eesley 12 CBA Scholarship Reception 13 Beta Alpha Psi Meet the Firms 20 Mammel Hall Art Celebration 26 John Morgan Gift Recognition 27 Own It Omaha! 28 Sharepoint Saturday Omaha
OCT
1 Fall Career Fair 4 Nebraska Physiology Society Meeting 18 District 24 Toastmasters Fall Conference 20 CBA Open House 21 NP Dodge MARTECH 13 Summit 22 A ccounting Accreditation Celebration
FALL Left: Alumnus John Morgan at the reception held in Mammel Hall to celebrate the endowment of the Community Chair in Innovation, Entrepreneurship & Franchising (story on page 14). Above: Harold Schroeder, FASB board member, gave the keynote address in the Marvin and Virginia Schmid Auditorium for the fall accounting speaker series event.
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Opposite page top: in April, artist Vijayalakshmi Mohan and volunteers created one of her signature rangolis in the Mammel Hall atrium. Rangoli is a traditional Indian folk art created with colored rice, dry flour, colored sand, beads and flower petals.
involved in what’s going on here,” Pol says. “At the same time, we have become better connected to the 2 YWeLead good work they do. These relationships are leading to 5 Money Smart Nebraska 8 Deloitte Client Technical Update more job, internship and service-learning opportunities for our students.” December Mammel Hall is averaging more than one event per 6 NBDC Open House day. Over the summer 2014, CBA hosted 29 orientaJanuary tion sessions for the entire university campus. 11 MBA Orientation Mammel Hall has already served an astonishing 25 Literacy Center Graduation range of purposes from the filming of a health care February commercial—where one of the conference rooms was 21 Debate Tournament converted into a staged laboratory—to functioning as 22 CBA Open House the canvas for a traditional Indian art installation. The college has also been approached by
November
professional organizations for more sober purposes. The Chartered Financial Analyst certification tests were held here, and more than 100 people from several states came to take the CFA Level I, II and III exams. On exam Saturday, security was the main concern. Organizers required multiple rooms for the various parts of the test, and the tests had to be locked up both before and after they were taken. “There was very restricted access during the testing, so much so that at least one of our faculty members was stopped and questioned as to why he was in the building,” Pol says. Although an impressive selection of professional artwork from renowned artists including Jun Kaneko,
THESE RELATIONSHIPS ARE LEADING TO MORE JOB, INTERNSHIP AND SERVICE-LEARNING OPPORTUNITIES FOR OUR STUDENTS.
WINTER Above: Karen Linder, author of The Women of Berkshire Hathaway: Lessons from Warren Buffett’s Female CEOs and Directors, signs books at the
Business Book Roundtable organized by the Omaha chapter of the Collegiate Entrepreneurs’ Organization. Right: Dale Eesley, director of the Center for Innovation, Entrepreneurship & Franchising with Big Idea Pitch Contest winners Kayla Timm and Jacob Robinson, first runner-up Cole Volkers, and second runner-up Joshua Williams
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Clockwise from top: Executive MBA class of 2013 at December commencement ceremony; CBA Career Fair participants (story on page 38); simulation of a high-level briefing in Mammel Hall as part of the STRATCOM Leadership Fellows Program (story on page 18)
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AN AUSPICIOUS YEAR
This page clockwise from top: Deron Jakub, Sola Ajala, Jakelyn Severin, Joel Rische, Jean and Clarence Waters at the Nebraska Business Development Center Awards Banquet in Mammel Hall atrium (story on page 40). Jay Noddle, president and CEO, Noddle Companies, developer of Aksarben Village, presents a vision of the future at the What’s Next at UNO event; Girl Scout and art patron as bidding opens at the annual artVenture fundraising event in March.
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March
1 STRATCOM Fellows Kick Off 5 CBA Spring Career Fair 6 ACG Cup 26 Girl Scouts ArtVenture
MAMMEL HALL HAS BECOME A CATALYST FOR INCREDIBLE OPPORTUNITIES. Fletcher Benton and Michael Israel is on permanent display at Mammel Hall, most of the curated art was created by students. “When the UNO Art and Art History Department brings guests on campus to view the largest collection of art produced by their students, they come to Mammel Hall,” Pol says. “It’s a partnership that has become so valuable to us, one of many off-campus collaborations that have blossomed because we can now host events and engage in collaboration across a full range of programs. “Mammel Hall has become a catalyst for incredible opportunities,” he says, “and we intend to continue building upon this momentum.”
April
1 CBA Honors & Awards 9 Academic Pentathlon 10 Institute for Supply Management Seminar 10 Rangoli by Vijayalakshmi Mohan 11 What’s Next at UNO? 11 Burnett Society Luncheon 14 Maverick Business Plan Competition 20 International Folk Dance Performance 24 Greater Omaha Tableau Users Group 25 NBDC Awards Banquet 26 India Association of Nebraska Conference
May
1 Value Investor Conference 9 Cox Business Leadercast 10 Commencement 14 GP GFOA Conference 16 Public Relations Society of America Conference
SPRING This page clockwise from top: Professor Catherine Co and Outstanding Economics Graduate Student Dalin Wang at the department’s annual awards banquet; Ivan Gerard, Ryan Downs, Margaret Haynes judging the Maverick Business Plan Competition (story on page 11); second place winner Jim Kerrigan demonstrates the PocketLocker before the competition; Brittney Thompson and Brice Miller of Green Basis, the student sustainability organization, at recycling event outside Mammel Hall.
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INNOVATION
entrepReneurship & FRANCHISING
This page (clockwise from top): entrepreneur Keith Fix speaking at the Midwest Entrepreneurship Conference; Hannah Olson won first place at the Maverick Business Plan Competition; Professor Dale Eesley with contest participants Jesse Peterson, Joseph Eley, Kyle Tautenhan, Harrison Johnson, Hannah Olson (first place), Jim Kerrigan (second place), Taylor Korensky and Jon Burlingham (third place), Nick Beaulieu, Alex Bracht.
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or the first time, a freshman won First Place in the annual Maverick Business Plan Competition.
The competition, sponsored by the Center for Innovation, Entrepreneurship & Franchising (CIEF), gives UNO students a way to test their business ideas. To compete, students develop a simplified business plan identifying an opportunity and present a viable proposal. Winning plans can be for a new or novel innovation, or a better way to implement an existing technology or target a new market. The 2014 winners, announced April 14, were Hannah Olson, first place and $3,000 for Hannah Caroline Couture; Jim Kerrigan, second place and $2,000 for The PocketLocker; and Taylor Korensky and Jon Burlingham, third place and $1,000 for My Happy Plate, LLC. Olson is a freshman majoring in entrepreneurship and marketing. Her business is fashion design specializing in plus sizes. Kerrigan developed the PocketLocker as an innovative solution to pickpocketing. Korensky and Burlingham created a mobile app to help people with food allergies make better decisions when they are grocery shopping or in restaurants. “Hannah plans to use the prize to participate in more fashion shows,” Dale Eesley, CIEF director, says. “Taylor and Jon are actively incubating several business ideas at the Scott Technology Center. They are all great examples of the many CBA students who are determined to maximize their potential.”
MWEC 2013
Maverick Business Plan Competition
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he third annual Midwest Entrepreneurship Conference (MWEC) was held April 4–5 at KANEKO, and once again attendance increased over the previous years, says Dale Eesley, professor of management and director of the Center for Innovation, Entrepreneurship & Franchising (CIEF). “This year, we had 170 registrations,” Eesley says. “Each year the conference has grown in size, scope and recognition around the country. We now have a number of faculty across the U.S. who recommend it to their students.” The event attracts college students who are budding entrepreneurs interested in hearing from those who have already ventured into the start-up business world. Speakers included 10 highly-successful entrepreneurs who are students or recent graduates from universities such as Arkansas, Colorado, Nebraska and TCU. These young leaders were joined by more seasoned entrepreneurs who could speak from a different perspective. One young speaker was UNO College of Business Administration alumnus and founder of “blabfeed” digital signage Keith Fix. Fix has won numerous entrepreneurship awards and contests including the Peter Kiewit Institute Entrepreneur of the
Year and the Maverick Business Plan Competition. “We wanted an atmosphere of collegiality and fun,” Eesley says. “We had a comedian who did a 30 minute humorous presentation. We had a yoga mindfulness session presented by a former business reporter. “It was entertaining, informative with plenty of time for networking,” he says. “There were some very relatable stories from people who were no different from the students sitting in the audience, other than they’ve already taken that first huge step.” Sponsors of MWEC included Mutual of Omaha, SAC Federal Credit Union, Schneider Electric, the University of Nebraska, the Nebraska Technology Development Corporation and UNO’s chapter of the Collegiate Entrepreneurs’ Organization.
Above: speakers Jeet Banerjee and Sherrard Harrington at Midwest Entrepreneurship Conference (MWEC); Left: CEO club member Brittney Thompson printing tee-shirts at MWEC
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CBA FOCUSES ON ENTREPRENEURSHIP
PIZZA
and ENTREPRENEURSHIP
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I WANT YOUNG PEOPLE TO KNOW THAT BEING SUCCESSFUL IS A COMBINATION OF KNOWLEDGE AND HAVING THE CONFIDENCE TO GO USE IT.
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hether it’s a room packed with people or five young people sitting casually around a table, William “Willy” Theisen enjoys sharing his knowledge and advice with eager fellow entrepreneurs. And the College of Business Administration is one of his favorite places to do that sharing. “When you walk through the doors of Mammel Hall, you instantly realize this is a haven for people with positive thoughts,” says the founder and former owner of Godfather’s Pizza. “These are people who don’t just start something and walk away. They finish things. They come up with new ideas and they make things better.” Among his many activities, Theisen is a member of UNO’s Center for Innovation, Entrepreneurship & Franchising advisory board. He is an advocate for UNO, CBA and the center’s expanding range of activities and programs. Regarding the center’s advisory board, Theisen says Director Dale Eesley and CBA Dean Louis Pol “have put together a wonderful group of people who are interested in helping the university and making a difference. “It’s so exciting to come to these meetings,” he says. “We have engagement.” Theisen became an entrepreneur long before the term was as popular as it is today. In 1973, he created Godfather’s pizza, a
UNO COLLEGE OF BUSINE S S ADMINIS T R AT ION
delicious combination of ingredients topped with a golden crust of cheese. One year later, he opened his first Godfather’s Pizza restaurant in the retail space beside his bar, Wild Willy’s, at 98th and Q Streets. Much of his business was take-out—with Theisen serving the pizzas to his customers at the window— until he tore down the wall between the bar and the restaurant and created something unique for its time. His winning combination soon caught on and the first franchise opened in Lincoln. By 1982, Godfather’s Pizza had 632 franchise restaurants and had become the second largest pizza chain in the U.S. In 1983, Theisen stepped down as president & CEO and Godfather’s was acquired by Chart House of Lafayette, LA. Theisen went on to buy and sell GB Foods (Green Burrito), where he pioneered the idea of dual branding in one location. He also became a Famous Dave’s franchisee. In 2009, he set his sights on Omaha’s Dundee neighborhood and developed and opened Pitch Pizzeria—serving a thin-crust gourmet descendant of his first-ever pizza pies. Long active in the community, Theisen has served on the Omaha Airport Authority board, Creighton University board and the Metropolitan Entertainment and Convention Authority (MECA) board. In 2002, he was inducted into the Omaha Restaurant Hall of Fame and in 2013 into the Greater Omaha Chamber of Commerce
Business Hall of Fame. This year, Pitch was named to the OpenTable Diners’ Choice Top 100 Hot Spot restaurants in America, based on five million reviews of nearly 19,000 restaurants. And he still takes time to encourage young entrepreneurs. Theisen has acted as judge and sponsor for the Center for Innovation, Entrepreneurship & Franchising’s “BigIdea! Pitch” contest at Mammel Hall, and also hosted a pre-contest coaching session the night before at his Pitch restaurant. “I want young people to know that being successful is a combination of knowledge and having the confidence to go use it,” he says. “To be able to put my thumbprint on students so eager to learn is extremely fulfilling. “I feel fortunate that we have moved the needle in such a positive direction—and we’re going to keep it there.”
It isn’t all about the coffee
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hen dozens of people gather in hundreds of small groups each Wednesday at 9 a.m. across the country, they do it over a cup of coffee. And as they sip, they listen to a local entrepreneur give a six-minute presentation. Then they think about what they’ve heard, asking questions and exchanging ideas for another 30 to 40 minutes. The idea for 1 Million Cups was developed by the Kauffman Labs for Enterprise Creation. The concept, according to the Entrepreneurship.org website, is twofold: “Entrepreneurs gain insight into possible ways they can improve their businesses, gather feedback, connect with a community that truly cares about their progress and walk away feeling like they have advanced their business. The audience also learns a great deal . . . whether this is through passively listening or deeply engaging with the entrepreneurs.” It’s an idea that from October 2013 to June 2014 brought between 40 and 50 people to Mammel Hall each Wednesday morning, says Dale Eesley, associate professor of management and director of the Center for Innovation, Entrepreneurship & Franchising. And though the Omaha-Lincoln version of 1 Million Cups moved in July to a location in downtown Omaha, while at Mammel Hall it welcomed many business people to UNO who had not visited the campus before. “It’s a very clever way to bring business people and entrepreneurs together to hear from one another, offer support and gain awareness,” Eesley says. And, of course, have another cup of coffee.
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CBA FOCUSES ON ENTREPRENEURSHIP
UNO alumnus Keith Fix, Sheila Morgan, John Morgan, NU Foundation President Brian Hastings, UNO Chancellor John Christensen
Endowment fuels explosion of entrepreneurship opportunities
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uch work lies ahead for associate professor of management Dale Eesley, who this summer was named the first John Morgan Community Chair in Innovation, Entrepreneurship & Franchising. And the prospect of all that work has him delighted. “The community chair will allow me to expand my efforts to develop programs and opportunities in entrepreneurship for students,” says Eesley, who in addition to teaching and conducting research serves as director of the Center for Innovation, Entrepreneurship & Franchising at the College of Business Administration. “Much of the time I have been working
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single-handedly,” he says. “With the funding that comes with the chair, I will have a dedicated graduate assistant and funding for a variety of initiatives. This will enable us to do much more; to offer a wider range of classes and opportunities to all of UNO. It’s like throwing gasoline on a fire.” The community chair was established through a gift of $1 million from UNO alumnus and Omaha native John Morgan of Minneapolis, Minn. It is the sixth community chair at UNO funded through the University of Nebraska Foundation’s Campaign for Nebraska and the first community chair at CBA. “John Morgan is an individual who believes deeply in helping others,” UNO Chancellor John Christensen
said in announcing the gift. “It not only benefits our students but elevates our ability to reach out to the community and strengthen the opportunities for entrepreneurs, franchise owners and innovators in business.” Morgan spent his early business career in the computer industry. In 1982, he was a founder of Winthrop Resources Corp., a technology leasing company. He took the company public in 1992 and merged it with TCF Financial Corp. in 1997. In 2000, Morgan became CEO and chairman of Minneapolis-based Grow Biz International Inc., now Winmark Corp. Winmark creates, supports and finances businesses and has more than 980 stores in North America. Specializing in developing franchises for retail stores that buy, sell and trade new and used merchandise, it is the parent company of Play It Again Sports, Once Upon a Child, Plato’s Closet, Music Go Round, Wirth Business Credit and Winmark Capital. His gift to UNO is just one example of his devotion to the community where he grew up, and to the university where he earned his degree in 1969. “I feel privileged to be part of an effort to reach out to young people and to promote interest in careers that are similar to mine,” Morgan says. “As the holder of the John Morgan Community Chair, Eesley will lead UNO’s efforts to connect with local schools to generate interest in innovation, entrepreneurship and franchising. He believes the Community Chair will increase involvement of both students and the community in opportunities such as Maverick Startups, internships, Boys & Girls Club mentoring, contests and conferences.” “The community chair’s outward focus
THIS WILL ENABLE US TO DO MUCH MORE—TO OFFER A WIDER RANGE OF CLASSES AND OPPORTUNITIES TO ALL OF UNO. IT’S LIKE THROWING GASOLINE ON A FIRE.
will spawn a lot more collaborations with other groups that can benefit UNO students interested in starting their own businesses,” Eesley says. “We will invite mentors from the business community, people who can help with advice and who are in the position to fund entrepreneurship efforts. “We will also be able to expand our horizons much farther across the UNO campus. With the promotion and assistance of other colleges, we have the potential to develop online and in-person innovation or entrepreneurship-related classes in fields including biology, education, communications, music
and gerontology. The possibilities are very exciting.” CBA Dean Louis Pol says the college’s innovation, entrepreneurship and franchising program has long focused on community outreach. “This program has the potential to be truly outstanding, and for that to happen, we need constant streams of ideas between Mammel Hall and members of our community,” Pol says. “The John Morgan Community Chair will help encourage and sustain these connections.”
FIRST JOHN MORGAN COMMUNITY CHAIR IN INNOVATION, ENTREPRENEURSHIP & FRANCHISING
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CBA FOCUSES ON ETHICS AND SOCIAL RESPONSIBILIT Y
PRESSURE CAN PROMPT PEOPLE TO DO THINGS THAT UNDER OTHER CIRCUMSTANCES THEY WOULD NEVER CONSIDER DOING.
Teaching socially responsible leadership
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eing named the James R. Schumacher Chair of Ethics is not an end goal for associate professor of marketing Amy Rodie as much as it is “an opportunity to place greater emphasis on business ethics for our students at the College of Business Administration.” Established in 2008, the University of Nebraska at Omaha Schumacher Chair of Ethics recognizes an outstanding university faculty member committed to increasing knowledge, awareness and application of the principles of ethics, tolerance and understanding. “While our students are aware of the importance of ethics, they need a deeper understanding of business ethics issues and what a commitment to ethics means for today’s business person,” Rodie says. “Students and many business people believe that if they know the right thing to do, they will not grapple with ethics issues. However, that just isn’t the case.” “In the business world, there is constant pressure to perform as an individual and as a corporation. This kind of pressure can prompt people to do things that under other circumstances they would never consider doing.” Rodie earned her Ph.D. at Arizona State University. She teaches principles of marketing, consumer behavior, marketing service products and now business ethics to undergraduate students. She has taught marketing management in the Executive MBA program, and teaches various topics related to marketing and services marketing in many of the executive education programs offered by the college.
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She was selected for the Schumacher Chair based on her established record of excellence with an instructional and scholarly focus on ethics, and her commitment to increasing student understanding and application of ethical principles within a servicelearning context. In this additional role, she will teach one Schumacher Seminar each year. The seminar is open to all UNO students and is designed to increase knowledge and application of ethical principles and systems, and to heighten awareness, appreciation and knowledge of diverse cultures, people and ideas. Rodie believes the Schumacher Chair provides a way to reach out to the community beyond UNO as a resource to examine business ethics issues. “Ethics is just one application of social responsibility corporations today need to embrace,” Rodie says. Prior focus on social responsibility has morphed into sustainability as a stated value for many businesses. “Organizations have the opportunity to make a positive impact in the world and be a positive influence on all of their constituencies,” she says. “Ethics is one element of that sustainability.” In the classroom, Rodie teaches the basics of ethics “from the fudge factor to breaking laws,” and utilizes many high-profile cases as illustrations. “We look at the bad examples such as BP and Enron, but also exemplary firms like New Belgium Brewing and Starbucks, companies that live by their strong stated values. Everything they do is ethical and
Amy Rodie and Meg, a six-year old rescue Airedale Terrier, in the UNO Welcome Center bio-retention garden.
socially responsible—and they expect their employees to do the same.” As for the Schumacher Chair’s service-learning component, Rodie hopes her UNO class will partner with a business class in one or more area high schools. “It will not only enhance learning for both UNO students and high school students,” she says, “it can demonstrate the passion we have here at CBA for examining very serious and timely business issues to a sizeable audience of prospective UNO students.” After all, she is an excellent marketing professor.
WE LOOK AT THE BAD EXAMPLES SUCH AS BP AND ENRON, BUT ALSO EXEMPLARY FIRMS LIKE NEW BELGIUM BREWING AND STARBUCKS, COMPANIES THAT LIVE BY THEIR STRONG STATED VALUES. EVERYTHING THEY DO IS ETHICAL AND SOCIALLY RESPONSIBLE— AND THEY EXPECT THEIR EMPLOYEES TO DO THE SAME.
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CBA FOCUSES ON DEVELOPING PROGRAMS
Ted Seldin and daughter Stephanie Seldin Howard
the growth of the College of Business Administration. “Mammel Hall is a wonderful facility, not only in terms of design but also technology,” he says. Seldin has also been impressed by the “bright young people” he has met in the real estate program at CBA and considers it a privilege to help further their progress. “We need to have people trained here within the community who understand the community and have the technical skills necessary as the city continues to grow,” Seldin says. “Real estate asset management is far more than collecting rent and mowing the grass. I am pleased to participate in taking the program to the next level.” Seldin currently serves as chairman of the Omahabased Seldin Company, the firm his father started in the 1920s. Following Seldin’s graduation from the University of Iowa with a bachelor’s degree in economics and Juris Doctor in law, he joined the company in 1957—the same year the firm began developing 1,000 acres of farmland along West Center Road, from 114th to 135th Streets, into the Westwood Communities.
Gifts to Benefit Real Estate Program WE NEED TO HAVE PEOPLE WHO UNDERSTAND THE COMMUNITY AND HAVE THE TECHNICAL SKILLS NECESSARY AS THE CITY CONTINUES TO GROW.
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he generosity of two men prominent in the Omaha real estate business will help ensure the growth and continued success of the Real Estate Asset Management Program at the College of Business Administration. Last fall, it was announced that Ted M. Seldin, chairman of the Omaha-based Seldin Company, had made a financial gift to the program through the University of Nebraska Foundation, and pledged a future gift planned through his estate. In recognition of these gifts, CBA in December 2013 dedicated the Ted M. Seldin Commons in Mammel Hall. Earlier this summer, Joe Kirshenbaum, co-owner and chairman of Noddle Development Company who formerly taught several real estate courses at UNO, added his support to the Real Estate Asset Management Program through an endowment to the University of Nebraska Foundation. CBA’s students will be the beneficiaries of the Seldin and Kirshenbaum gifts, says Dean Louis Pol, “These two men who have carved their place in Omaha’s landscape are giving more than financial support,” Pol says. “They are giving encouragement and opportunity to students who will use this support as the foundation for building their careers.” Seldin says he has watched UNO and Omaha change through the years and has been impressed by
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He recalls addressing the UNO commercial real estate course some 25 years ago. “The subject was, ‘Is there room for retail growth in Omaha or are we being overbuilt?’” he says. “What do you think my answer was?” He says he told the students that Omahans should be “cautiously optimistic.” Kirshenbaum has been a partner in Noddle Development Company for more than 40 years. The firm is one of the largest developers of community shopping centers and office buildings in the Midwest. He earned a bachelor’s degree with a major in real
Joe Kirshenbaum
STUDENTS WILL HAVE STREAMLINED ACCESS TO PROFESSIONALS IN THE BUSINESS COMMUNITY THROUGH MONTHLY MENTORSHIP PROGRAMS, CORPORATE VISITS, WORKSHOPS AND INTERNSHIPS
First CBA Honors Program
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director has been hired for the first College of Business Administration Honors Program.
Bethany Hughes, who formerly served as a CBA academic adviser, will lead the program, which is expected to recruit the first class of 20 top students to the program for the 2015-2016 school year. The Honors Program is designed specifically for students pursuing a bachelor of science in Business Administration. Hughes says it will prepare high-achieving students to be the business leaders of tomorrow through rigorous academic work, strong connections to local businesses, and a broadened worldview through travel abroad and community service. “My vision is for these students to be in a rigorous program that enables them to make strong connections with each other, with faculty and with business professionals in the community,” she says. “I want to make it an incubator of sorts where talented, ambitious students have an opportunity to thrive.” The program will start with 20 students
in their freshman year and will add 20 more each subsequent year, Hughes says. They will take seven courses in a variety of business topics during the program, she says, giving them the opportunity to build relationships with each other and encourage each other to succeed. “Students will have streamlined access to professionals in the business community through monthly mentorship programs, corporate visits, workshops and internships,” she says. “They will be involved in projects that we will publish on our website so graduate schools or potential employers can see the high quality of their work.” Hughes says every student in the honors program will receive a $2,500 scholarship each academic year, and a one-time $2,000 scholarship to study abroad. The students are also eligible to receive additional scholarship support from CBA or the University of Nebraska at Omaha. The University of Nebraska Foundation, meanwhile, is seeking to raise a $5 million endowment to ensure the program’s future, says Sue A. Kutschkau, the Foundation’s senior development director for CBA.
Bethany Hughes, director, CBA Honors Program
Generous gifts from Ruth and Dennis Duffy and the Mammel Foundation have helped launch the CBA Honors Program. “The endowment we seek will fund scholarships and international experiences for the students, and enable the program to sustain itself in perpetuity,” Kutschkau says.
Story continued from previous page estate from Omaha University (now UNO) in 1953. After two years of military service, he worked as an appraiser for the U. S. Corps of Engineers, Missouri River Division. From 1957 to 1960 he was Chief Appraiser for the Douglas County Assessor’s Office. In 1960 he opened an Omaha-based branch office for Real Estate Research Corporation, a national appraisal and market research firm. He managed the office for two years and then joined a local developer whose focus was apartment development and management. Kirshenbaum was responsible for
overseeing construction, property management and financing for the company. In 1972, he joined forces with Harlan J. Noddle. For 15 years, he taught several courses at UNO including Real Estate Investment and Principles and Practices of Real Estate. He has also taught courses in Property Management and Commercial Investments for the Nebraska Real Estate Association. “Real estate has been a measure of my success,” Kirshenbaum says. “I want to give back what I can because it’s important for the university and for our community. I
want to give people the same opportunities I had.” Both Seldin and Kirshenbaum remain active in their respective companies. “That’s one of the things I like about real estate,” Kirshenbaum says. “It’s the type of business you don’t have to retire from.”
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CBA FOCUSES ON LEADERSHIP
Leadership program is a first
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he gateway between the United States Strategic Command (STRATCOM) and the College of Business Administration has been opened a little wider with the new STRATCOM Leader Fellowship Program. The program, with its inaugural session held from March 30 to May 30 at Mammel Hall, was created under the University Affiliated Research Center (UARC), a longterm partnership between the University of Nebraska and USSTRATCOM housed in the system’s National Strategic Research Institute (NSRI). The concept brings some of the Department of Defense’s (DoD) top civilian employees to work with and learn from the University of Nebraska’s world-class national leadership and defense experts. “We had 10 very bright people in class for eight hours a day to stimulate their interests and help them grow as leaders,” says assistant professor of management Gina Ligon. “To do that, we called upon 27 UNO, UNL and UNMC faculty members.” Ligon is co-director of the 13-week fellowship program along with Douglas Derrick, assistant professor of IT Innovation at the College of Information Science & Technology. Ligon also serves as director
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of research and development at the UNO Center for Collaboration Science. Instruction took place in the new, state-of-the-art Strategic Leadership Laboratory—part of the Center for Collaboration Science facilities at Mammel Hall. Other CBA faculty members in the fellowship program were John Erickson, chair of the Department of Marketing and Management; Associate Dean Lynn K. Harland, professor of management; and Erin Pleggenkuhle-Miles, assistant professor of management. The faculty members spent four days each week teaching elements of computer science, reverse engineering, information assurance techniques, biocontainment procedures and other relevant topics. “My role each week would be to show how as a leader they could use this information to build a team and address a threat,” Ligon says. Ligon also coached their leadership skills and helped prepare them for presenting their capstone projects to senior leadership at STRATCOM. “It was an extremely challenging and rewarding experience for me,” she says. “I developed an organizational expertise about STRATCOM, the various areas and the people on staff there.
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“At the same time, the participants learned a lot about the wealth of expertise across the university system that’s available to them as resources.” The fellowship program is the first of its kind. The USSTRATCOM personnel were competitively selected for this opportunity because of their demonstrated leadership skills, effective contributions to the command missions and potential for increased responsibilities. In addition to the STRATCOM briefings, the participants’ capstone projects included a paper to be submitted to a defense journal (see inset). Ligon was able to go inside STRATCOM and watch as the fellows presented their briefings before a high-ranking audience that included STRATCOM Deputy Commander Lieutenant General James M. Kowalski. “Doug and I couldn’t be in the room as the process simulated a high-level briefing, so we were watching on a monitor,” she recalls. “I was grinning like a proud mom as they gave their presentations. It was amazing to see their transformation from the beginning of the program to that day.” The program was also an opportunity for university instructors and mentors to showcase their research, skills and experience, Ligon says. “We have tremendous talent across CBA and the whole NU system,” she says. “I wanted to provide enough freedom for faculty to showcase how their work could help with national security issues. “I told each faculty member to ‘give them your very best stuff,’” she says, “and they did.”
CAPSTONE PROJECTS “Feasibility of a Cyber Attack on National Critical Infrastructure by a Non-State Violent Extremist Organization,” Nathan R. Arnold “Social Media Policies in the Department of Defense—Do They Address the Risk?” Katherine S. Cole-Miller “Chlorine as a Weapon of Mass Destruction,” Susie M. Doyle “Artificial Intelligence Technology and National Security,” Randy E. Eshelman “A Guide for Senior Leaders: Criteria to Trust and Use Social Media Data in Campaign Assessment,” Blaine W. Fulton “Potential Origins of a Strategic Attack Against the United States in the Next Five to Ten Years,” Daniel C. Gunn “Artificial Intelligence and National Security,” Kayse J. Jansen “Cyber Deterrence: Modeling an Adversary View,” Brenton H. Kenworthy “The Criticality of Collaborative Planning,” Sarah K. Mussoni “Trust in Using Social Media for Decision Making,” William D. Ward
Opposite page: Gina Ligon, assistant professor of management, T.J. Hammond, STRATCOM chief of workforce development, Admiral Cecil Haney; Below: STRATCOM leadership class with Admiral Haney
Samantha Woracek and Katy Connealy
Research takes students to Capitol Hill
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errorism is a topic on many Americans’ minds and was brought to the forefront of discussions on Capitol Hill by two CBA students and their faculty mentor. In April, CBA graduate Samantha Woracek, recent MBA graduate Katy Connealy, and Gina Ligon, assistant professor of management, presented their research on terrorism to members of Congress in Washington D.C. as part of the annual “Posters on the Hill” showcase. Woracek, Connealy and Ligon’s work, “A Case Study of Marketing and Management Practices in Two Violent Extremist Organizations,” examines how the Japanese Red Army and Weather Underground used violence to achieve their objectives by utilizing a managerial framework. Out of 600 submissions, only 60 research projects were chosen to present in Washington D.C. “We had a novel way of looking at what people traditionally think of as a band of thugs,” Ligon says. “I think people were surprised that kind of research came out of a college of business.” They shouldn’t be. Ligon is director of research and development at the UNO Center for Collaboration Science. Her ongoing research is among the many projects related to the national consortium for the Study of Terrorism and Responses to Terrorism (START). The study is one of the first to examine
violent groups using marketing and management theory. The three will submit the study to the Case Research Journal along with the paper’s co-author, Rebecca Morris, professor of management. While in Washington, Woracek, Connealy and Ligon took part in an invitation-only presentation for the White House Office of Science and Technology Policy (OSTP). As part of the executive branch, the OSTP is charged with providing the President and his senior staff with accurate, relevant and timely scientific and technical advice. Scott Snyder, UNO associate vice chancellor for research, noted that the terrorism project was supported by the Fund for Undergraduate Scholarly Experiences (FUSE), a program that encourages facultymentored student research at UNO. In addition, the trip for the two students and Ligon was supported entirely out of the Office of Research and Sponsored Projects at UNO. Woracek graduated with her bachelor of science in business administration in May and has accepted a job with Booz Hamilton, a management-and-technology consulting firm for the U.S. Government. She is one of the first CBA students to earn a research grant from FUSE. Connealy is a native of Decatur, Neb. and is currently working toward her doctorate in organizational behavior at the University of Maryland. She hopes to return to teach in Nebraska.
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CBA FOCUSES ON INVESTMENT STRATEGY
GENIUS OF BUFFETT INVESTMENT FUND SUPPORTS EXECUTIVE MBA
H
ighly popular learning sessions in the fall 2013 and spring 2014—along with the establishment of a fund that will ultimately benefit the College of Business Administration Executive MBA program—highlight an impressive year for the Genius of Warren Buffett learning and investment program
UNO AND CBA EXPAND GLOBAL AWARENESS OF THEIR OUTSTANDING PROGRAMS BY ATTRACTING LIFELONG LEARNERS AND DONORS FROM AROUND THE WORLD.
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The GOB (Genius of Buffett) Investment Fund was approved last fall by the University of Nebraska Foundation. Author and acclaimed Buffett expert and scholar Robert Miles, who teaches the Genius of Buffett course, says each GOB class of executives and lifelong learners will select a portfolio of stocks meeting all the criteria taught in the course. After a decade-long holding period, a portion of the student-selected fund will be sold each year for the unrestricted benefit of the Executive MBA program. “After completing the Genius of Buffett course and participating in as many as 10 blind valuations of stocks and businesses purchased by Warren Buffett, the executive teams will select, research, present and defend a qualified stock,” Miles says. He says the potential benefits of the fund are many. “The course participants will benefit by understanding the investment valuation process of Warren Buffett, while the executives and lifelong learners will see the merit of their research and recommendations over a long time horizon,” he says. “Donors, meanwhile, may receive a current year tax deduction while supporting the legacy of one of the world’s greatest investment minds. Contributors to the fund also receive copies of the executive team’s Investment Research Reports to consider for their own portfolios. “The Executive MBA program receives long term financial support to continue offering programs like this. In addition, UNO and CBA expand global awareness of their outstanding programs by attracting lifelong learners and donors from around the world.” Miles is one of the inaugural donors to the fund, along with CBA Dean Louis Pol and his wife, Janet; and GOB graduate and professional investment manager Michael Shearn. The fund, which is for educational purposes only and is not affiliated, reviewed or approved by Warren Buffett or Berkshire Hathaway Inc., has contributed $23,000 towards establishing two class portfolios.
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GOBnews CORPORATE VALUES SUMMIT Earlier this spring, the Summit Series was launched to focus on one of the many aspects of the GOB Executive MBA course. The Corporate Values Summit on May 1 was the first in an annual series, attracting 80 delegates from 21 countries on six continents. The event featured seven guest speakers, including a question and answer session with Berkshire Hathaway’s legal counsel and board member, Ron Olson.
STUDENT PR CAMPAIGN During the fall 2013, the MaverickPR student firm was hired to design and implement a comprehensive public relations campaign for the GOB program, including the successful launch of a 300 word essay contest. Two Omaha residents, UNO Public Administration doctoral candidate Lora Frecks and IBM executive Sherri Hanna, won the essay contest and joined the course.
INVESTMENT CHALLENGE The Executive MBA team of Jamie Hunt, Lori Mitchell and Pete Wilson won a $1,000 merit scholarship from the GOB Investment Challenge Contest selected by a team of independent judges. One team’s stock pick may have gained notice from Buffett himself. The Executive MBA team of Dr. Fedja Rochling, Matt Ord and Michael Higgins, recommended Kellogg [NYSE:K] which has been rumored to be a Berkshire acquisition target. This recommendation followed a GOB Fall 2012 team selection of John Deere [NYSE: DE], which did become part of Berkshire’s common stock portfolio.
BERKSHIRE HATHAWAY WEEK Thirty lifelong learners representing 16 countries attended the abbreviated spring GOB session, held at the start of the annual Berkshire Hathaway investor conference week. The spring session’s Investment Challenge Contest was won by Ilze and Roelf Alberts, a couple who reside in Mauritius, a small country island off the coast of southern Africa.
MILES BROUGHT IN SOME FASCINATING SPEAKERS. HE REALLY SPICES IT UP FROM YEAR TO YEAR.
Value Investor Conference Draws from Six Continents
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ore than 180 delegates from 26 countries on six continents attended the 11th annual Value Investor Conference May 1–2, 2014 at Mammel Hall.
Above: Steve Jordan, Omaha World Herald reporter, author, and guest lecturer for Genius of Warren Buffett course
The sold-out conference, hosted by the College of Business Administration along with the UNO Executive MBA Program, featured 13 presenters from across the globe. This was the fourth year that the conference was held in Omaha in conjunction with an abbreviated version of the “Genius of Warren Buffett” course and during the same week as the annual Berkshire Hathaway Inc. investor meeting. “The conference and the Genius of Warren Buffett course build momentum and excitement leading to the Berkshire Hathaway meeting at the end of the week,” says Bill Swanson, Executive MBA program director. “It is a great opportunity for people
who are among the most avid Buffett disciples to gain insights about the Oracle of Omaha.” The unique global conference was initiated by author and acclaimed Warren Buffett expert and scholar Robert Miles, who also teaches the Genius of Warren Buffett course (a more extensive version of the 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 take 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.
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GLOBAL ENGAGEMENT
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CHINA E
xamining firsthand the opportunities and challenges that await American businesses as they establish a foothold in an emerging economy was the focus for 14 students who took part in the “CBA in China” trip in May. It was the second time College of Business Administration students have made the trip and the fourth visit for associate professor of marketing Birud Sindhav. The trip is part of a course he teaches titled, “Doing Business in Emerging Economies.” “Emerging economies are the story of our time, and this course is about looking at them, particularly China, as a production base and also a market for U.S. firms,” Sindhav says. “The focus is on China because of the sheer size of its population and its capacity to create ripple effects in the world economy and geo-politics.” While in Beijing, the group visited Tiananmen Square, the Forbidden City, the Hutongs in “Old Beijing,” Beihai Park, the Sacred Way of Ming Tombs, the Great Wall of China, Temple of Heaven and Summer Palace.
IT IS IMPORTANT TO LEARN FROM THE COMMON MISTAKES AMERICAN BUSINESSES MAKE (IN CHINA) AND NOT CONTINUE MAKING THEM. In Shanghai they visited the Bund, Pearl Tower, the Shanghai Wax Museum, a Valmont factory and the American Chamber of Commerce. They also visited Suzhou and Tongli to see the world’s largest silk mill and pearl production facility. While the group went to China to gain a better understanding of its business landscape and environments affecting it, examining the culture, history and the people builds awareness of factors that contribute to its economy, Sindhav says. “Before we left on the trip, the students were probably most looking forward to the landmarks like the Great Wall and the Forbidden City,” he says. “But one of the experiences that affected them the most was having a meal in a typical Chinese home in Old Beijing. “I think that is something they all really enjoyed because they lingered on talking with the host long after the meal. They were able to see how a typical family lives and ask questions about what life was like 25 years ago and how much it has changed.” Sindhav says many American companies
dive into the Chinese market with inadequate knowledge of the Chinese people and their customs. “It’s amazing how little prep work an American business will do before it goes into business in China,” he says. “At the American Chamber of Commerce in Shanghai, the students heard how important it is to know the things Americans do that can inadvertently be insulting to Chinese people. They came to realize this is a culture where modesty matters; where relationships matter. “It is important to learn from the common mistakes American businesses make and not continue making them. It can become an opportunity for them because, with so many businesses expanding into China, it is becoming increasingly advantageous to have someone within the company who has the knowledge to deal thoughtfully with Chinese people and their customs.”
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CBA ENGAGES THE WORLD
PRESIDENT MILLIKEN IDENTIFIED INDIA AS ONE OF THE COUNTRIES STRATEGIC FOR THE UNIVERSITY AS A GLOBAL ENGAGEMENT PARTNER.
INDIA S
ixteen students representing the four University of Nebraska campuses (UNO, UNL, UNK and UNMC) traveled to India for a three-week “lifechanging experience” in July. The group was led by Phani Tej Adidam, executive management education professor. Adidam also serves as director of international initiatives for the College of Business Administration. The trip was funded by the
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University of Nebraska Foundation under an initiative created by former N.U. President James B. Milliken. “President Milliken identified India as one of the countries strategic for the university as a global engagement partner,” Adidam says. “The experience is designed to encourage Nebraska students who have never been to India before to get a broader awareness by examining eight critical perspectives.” Those eight perspectives are: food and water security; early childhood education; access to medical care and public health; corporate social responsibility; social entrepreneurship; environmental sustainability; the role of nongovernmental organizations in social and societal development; and India’s relationship with the U.S. The travelers spent one week in Bombay, one week in rural Jalgaon and one week in New Delhi and were hosted by three different educational institutions. In addition to Adidam, the students were accompanied by Bethany Hughes, director of the newly established CBA Honors Program. “We studied and investigated those eight issues through a mix of activities including lectures, visits to government organizations and companies, and a variety of cultural and educational activities,” Adidam says. “It was an intense, life-changing experience for the students.” He said the students represented a cross-section of career fields ranging from medicine and information technology to education and international relations. “With their wide, diverse backgrounds, it
was fascinating to see them grapple with these critical issues in a foreign country,” he says. “They were all very grateful to the university president’s office for coming up with such a wonderful international education opportunity,” Adidam says. “Several of the students stated their desire to return to India because, after all, three weeks is simply scratching the surface.”
ITALY T
hree dozen students who traveled with professor of management Rebecca Morris, on the first-ever “CBA in Italy” trip in March had their eyes opened to not only a different place, but also a different place in time.
Whether visiting a business in a 15th century villa in Florence, on a walking tour of Venice or beholding Michelangelo’s David at the Galleria dell’Accademia Museum, the students were quite impressed by the depth of the history they witnessed, Morris says. “A lot of the younger students gained a very important impression of a world that existed long before America,” she says.
Also accompanied by Christopher Decker, professor of economics, the students visited a mix of active businesses and historical sites, including: Visconti, a manufacturer of high-quality fountain pens, rollers, ballpoint pens and watches in Florence; the Ferrari Museum in Maranello; the Ducati Museum and Factory in Bologna; a glassblowing factory in Murano; lace makers in the fishing village of Burano; the Geox Shoe Co. in Montebelluna; the San Siro Stadium and museum in Milan; the Pasta Lensi company, owned by ConAgra of Omaha, in Verolanuova; and the U.S. Consulate in Milan, where students met with members of the Department of Commerce and Department of State to learn how they foster U.S. business interests in Italy. Italy was chosen for the trip because it is the seventh largest economy in the world and ranks fifth largest by industrial output. The Italian economy also has a greater percentage of small- and medium-sized, family-run businesses than any other European state. Morris says it is important for College of Business Administration students to develop a global perspective in addition to the BSBA/MBA academic programs. “I like students to learn not only about
THE ITALIAN ECONOMY HAS A GREATER PERCENTAGE OF SMALL- AND MEDIUM-SIZED, FAMILY-RUN BUSINESSES THAN ANY OTHER EUROPEAN STATE.
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CBA ENGAGES THE WORLD
THE SKILLS, EXPERIENCES AND PERSPECTIVES THEY GAIN FROM TRAVEL CAN PROVIDE AN ADVANTAGE IN AN INCREASINGLY COMPETITIVE JOB MARKET. business but also about history, culture and art,” she says. “The skills, experiences and perspectives they gain from travel can provide an advantage in an increasingly competitive job market.” At Visconti, the group had a personal meeting with the founder, Dante Del Vecchio, who described starting the business, Morris says. He also told the group how Visconti pens were selected for history-making events such as signing the NATO-Russia Summit on May 28, 2002, which marked the end of the cold war; as gifts for the 25 signers of the European Constitution in 2005, and for the signers of the G8 agreement in July 2009 at L’Aquila. At the Pasta Lensi company, the students were most impressed by the cleanliness of the facilities and the strict controls to keep them that way. And in a visit to Chianti, the group had lunch and a wine
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tasting where the owner of the winery signed bottles for the students. Whether examining the firms they visited in a historical context, such as the Ducati and Ferrari Museums, or in a contemporary context, Morris says the students witnessed two common themes. “These firms were successful in establishing a worldrenowned brand through their commitment to both quality and innovation,” she says. “We saw this repeatedly in these companies and they were lessons that the students really appreciated.” Each student paid his or her portion of the travel expenses, and each earned three credit hours for the work they did before and after the trip. “All our appointments were fabulous,” Morris says. “We can’t say enough about what a marvelous learning experience it was.”
australia and UK A fter College of Business Administration Department of Economics professor Mark Wohar, travels to teach and conduct research, he brings the world back to the classroom at UNO.
“When I teach my graduate international macroeconomics class, I try and incorporate my experiences abroad,” Wohar says. “For example, we teach a theory that suggests that prices in different countries should equalize when placed in the same currency. “Anyone who travels knows that you get fewer goods in the UK for a dollar’s worth of pounds than you would in the U.S.,” he says. “The same is true in Australia. So we discuss why prices are what they are in different countries, and why the purchasing power of the dollar differs in different countries.” Three years ago, Wohar served as a visiting professor of international finance at Loughborough University in the United Kingdom. In 2013, he began a three-year appointment (with potential for renewal) at the university’s business school, where he spends six weeks each summer. “I do research with top-ranked faculty and I provide some seminars to students and faculty,” he says. “This summer, I taught three, 3-hour-long classes on frontiers of time series analysis. Next year, I will give seminars on microeconometrics. I have done a similar type of thing at Deakin University in Australia. “I also oversee some Ph.D. students working on their theses, and I hosted a research conference this summer titled, ‘Modelling Macroeconomic and Financial Time Series’ with highly-ranked faculty from Europe and the U.S. giving presentations.” Wohar also spent three and a half weeks this summer in Australia, where his visit was hosted by the College of Finance and Accounting at Deakin University in Melbourne. He worked on research papers with faculty in the Department of Economics and the Department of Finance. “They treated me like a king,” he says. “They put me up in a modern, three-bedroom house that was only a five minute walk to the college of business. I also helped Ph.D. students work on their theses and hosted a conference titled, ‘Forecasting and Time Series Workshop.’” While in Australia, Wohar was invited to present some of his research at Monash University and Melbourne University, where he addressed their respective econometrics groups.
Professor Mark Wohar (front row third from right) with presenters at the economics research conference he hosted in the UK
A faculty member at UNO since 1988, in April 2013 Wohar was named the university’s first eminent scholar. The honor recognizes a tenured faculty member who has achieved national or international prominence for the quality and impact of his or her work. Wohar came to Omaha after teaching at the University of Miami. He earned his Ph.D. in economics from the University of Illinois-Champaign in 1985. He says teaching abroad delivers many rewards. “In Australia and the UK, they stand on formality and really hold excellence on high. They reward it with much pomp and circumstance.” Although he has traveled and taught around the world, Wohar says his life in Omaha and the friends he has at UNO would make it difficult not to call CBA his home.
IN AUSTRALIA AND THE UK THEY STAND ON FORMALITY AND HOLD EXCELLENCE ON HIGH. THEY REWARD IT WITH MUCH POMP AND CIRCUMSTANCE.
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CBA FOCUSES ON THE EXECUTIVE MBA
JAPAN
EXECUTIVE MBA WE WANT TO EXPAND THE NUMBER OF EXPERIENCES WE OFFER TO INCLUDE NON-PROFIT SOCIAL AWARENESS PROJECTS IN THE MIX.
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Above left: Team Tanzania members David Volkman, Tyler Davis, James Bowen, Lilliana Bronner hike Mt. Kilimanjaro; Right: Team Tanzania members Lilliana Bronner, Jayasri Venkataraman, David Volkman, Phil Taylor, Tyler Davis, James Bowen
T
he experience of traveling halfway around the globe to conduct capstone research projects in the Executive Master of Business Administration program—and the positive impact the projects have on the companies and organizations with which the Executive MBA teams work—becomes increasingly impressive each year.
Because of the success of the international element of the Executive MBA program, the College of Business Administration would like to offer more of these global opportunities, says Executive MBA program Director Bill Swanson. With that goal in mind, the Executive MBA International Capstone Project Fund has been established through the University of Nebraska Foundation. “We have received so many favorable results from these projects this year, and with other projects throughout the history of the program, that we want to expand the number of experiences we offer to include non-profit social awareness projects in the mix,” Swanson says. “Depending on the funding, we want to make as many of these trips on an annual basis as possible.” With the capstone projects, Executive MBA students are placed on teams and matched with a company that has challenges or issues it cannot solve on its own. The teams travel to countries chosen by the
Opposite page: Team Japan members Darryll Lewis, Egan Gyldenege, Dede Johnson, Christy Cohoon, Simpson William, Santosh Kumar; Right: Tanzania team member James Bowen with children at a Mosaic site
client, investigate the issues firsthand, then produce a report with specific recommendations for addressing the opportunities and challenges, much the same as a paid consultant would do. The 2013 teams were matched with companies and organizations in Japan, India, Tanzania and Ghana. Swanson says Executive MBA students Tyler Davis, Liliana Bronner, James Bowen, JV Venkataraman and Phil Taylor, along with their faculty advisor, David Volkman, who serves as associate professor and chair of the Department of Finance, Banking, Law and Real
TANZANIA
EMBA EXPANDS INTERNATIONAL PROJECTS
AWARENESS THEY GAIN AS AN EXECUTIVE MBA PARTICIPANT IS A KEY TO MAKING BETTER, MORE THOUGHTFUL DECISIONS FOR THEIR CORPORATIONS GOING FORWARD.
Team Ghana: Neha Singh, Rebecca Morris, Guest, Gretter Ramirez, Becky McGuire, Raj Jayaraman, Richard Ruiz, Chandra Are
Estate; had an incredible experience with their project in Tanzania. Often teams are matched with a large corporation or for-profit client that wants to address sales or production issues, and that company pays for the teams’ travel and expenses. With Volkman’s team in Tanzania, however, the students worked with Mosaic, an international non-profit organization headquartered in Omaha that serves people with disabilities and their families, including the Building a Caring Community program, Mosaic’s partner in Moshi, Tanzania—and UNO paid the team’s travel expenses. “We want people coming out of our program knowing not only how to address complex corporate issues but also the impact of social responsibility and social awareness,” Swanson says. “The awareness they gain as an Executive MBA participant is a key to making better, more thoughtful decisions for their corporations going forward. “With the Tanzania participants, for example, once they got on the ground in that country their eyes were opened to a host of other needs and challenges the people there are facing.” The Volkman team examined how to improve profits in caregiver cooperatives in order to contribute more funding to centers where children with disabilities receive daily services. Mosaic and its partner organizations support these cooperatives in part by selling Tanzanian handmade crafts including purses, bags and jewelry to Mosaic supporters in Nebraska. The crafts are made by the parents and families of the disabled children. Mosaic also financially supports the Moshi care centers for children with disabilities. While conducting their research, team members
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visited sites and families throughout the Moshi area, sleeping in a hostel and dealing with mosquitoes, civil disturbances and sporadic electricity and Internet service. Ultimately, the team made several recommendations including consolidating craft production sites and developing an ambitious marketing campaign. “The research that they performed prior to leaving (Omaha), on the ground in Tanzania and then upon their return was extensive, cohesive and contributed to a very professional final product,” says Rich Carman, Mosaic’s vice president of international relations. “The report gave a powerful set of recommendations that will directly contribute to the ongoing success and sustainability of the BCC program and the people the program serves.”
Members of team Japan Christy Cohoon and Dede Johnson
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GHANA
CBA FOCUSES ON THE EXECUTIVE MBA
“THE WORK THE TEAM DID WILL CONTRIBUTE TO PROVIDING HEALTH, HOPE AND HAPPINESS FOR MANY YEARS TO COME FOR THOSE WE SERVE IN MOSHI.” Team Tanzania members with co-op owners in Moshi Carman says it was “an honor and a privilege” to partner with the Executive MBA program. “The work the team did will contribute to providing health, hope and happiness for many years to come for those we serve in Moshi.” Swanson says the Japan team worked with an entrepreneur who wants to bring his unique recycling technology to the United States. In attempting to determine whether there would be enough acceptance of the technology here to make it worthwhile for potential investors to consider, the team discovered that the company may be eligible for research funding from the Nebraska Department of Economic Development. “The department then awarded funding to the sponsor for our team to travel to Japan to further its research,” Swanson says. The information, ideas and experiences all team members share with their fellow Executive MBA students upon their return to UNO “provides a tremendous learning opportunity,” he says. “And as far as the clients were concerned, the teams’ projects were home runs this year.”
INDIA
Team India at the Taj Mahal: Nicole Cummings, Chris Tonniges, Phani Tej Adidam, Sri Malladi, Elizabeth Durham-Ruiz, Shibu Samuel
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Revised MBA is flexible and focused on the Triple Bottom Line
I
n today’s high-speed business world, time is an element that is short in supply and always in demand. The same is true for today’s Master of Business Administration students who balance their professional and personal commitments against the challenges of a rigorous course schedule. The College of Business Administration is responding to their needs through a revised MBA curriculum. This fresh curriculum, introduced in January and fully implemented this fall, allows MBA students to move more quickly toward their degrees while emphasizing the latest, most forward-thinking business issues and topics. “It’s a curriculum that provides increased flexibility for the students while maintaining our long-term commitment to a top-quality educational experience,” says MBA program director Lex Kaczmarek. “We’re taking a
WE’RE BLAZING A TRAIL HERE AND OTHERS ARE DEFINITELY TAKING NOTICE. WE HAVE FOUND A WAY TO DELIVER THE SAME QUALITY AND VALUE IN A COMPLETELY FRESH FRAMEWORK.
FRESH take on the MBA
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new approach and so far, the students love it.” Among the features of the revised curriculum are: • Expanded core course offerings that include business intelligence/analytics and a projectfocused capstone course • The incorporation of a Triple Bottom Line framework that stresses a responsible balance of People, Profit and Planet • A reduction of the total credits needed to earn the MBA degree from 36 to 33. In addition, core MBA classes have been changed from three credit hours each to two credit hours each. Because there are two eight-week sessions per semester, students can complete four credit hours per semester even if they are only able to attend classes one evening a week. “That means they can earn eight credit hours in the same time that they used to earn six,” says Lynn Harland, professor of management and associate dean. The changes to the course offerings reflect changes in business today. “We looked at the topics we teach to identify gaps,” Harland says. “We wanted to add a specific course on ethics and corporate social
responsibility. We also wanted to place serious attention on data analytics.” It required reconfiguration, not tearing down and starting over, she says. “The other core courses had to be tightened into two-credit versions that still present the same vital material.” The courses are enhanced by the Triple Bottom Line (TBL) framework of sustainability. TBL allows students to better see the relationship between social, economic and environmental trends. Practiced by more than half of the Fortune 500 and S&P Top 100 firms, TBL helps develop principled leaders who can anticipate challenges and unearth new opportunities. The TBL framework is reflected in a roster of MBA core courses that focus on leadership skills, accounting, economics, business ethics, information technology, organizational behavior, marketing, finance, strategy, business analytics and strategic financial management. In the new curriculum, students complete a projectfocused capstone course that currently includes probono consulting for area non-profits in either the “Arts and the Executive” course or the “Executive Civic Leadership” course. Other project-focused capstone courses will be added. For MBA students who have earned an undergraduate or graduate degree in one of the core course areas, the core course is waived in favor of a “directed elective” in that waived field. “We would rather have our MBA students learn something new than review what they’ve already studied,” Harland says. The idea of two-credit offerings is sparking interest in the MBA program from potential students and from faculty and administrators across the UNO campus, Kaczmarek says. “We’re blazing a trail here and others are definitely taking notice,” she says. “We have found a way to deliver the same quality and value in a completely fresh framework.” Harland, who served as chair for the MBA curriculum revision task force, gives high praise for thinking out of the box to team members MBA director Kaczmarek and professors Phani Tej Adidam, Chris Decker, Rebecca Morris, Olivier Maisondieu-Laforge, and Jennifer Riley. “This was a ‘dream team’ who love this MBA program and had the courage to go beyond superficial changes and design a program that charts a new course,” she says. “This is a great example of what can happen when you bring together really smart people who care deeply about our students.”
Pictured from left: Javier Alba, Renate Keimig, Jeremy Lang, Richard Heyman, Brian Petersen, Spencer Witt, Adam Studts
“I was attracted to the revised program because it allows me to be a part-time student, work and still complete the degree in less than two years. The new eight-week, twocredit classes move at an accelerated rate over traditional, 16-week classes. This promotes dedicated focus on each course, because you have to be thoroughly engaged to keep up with the faster pace.” —Maggie Lunn, a graduate assistant for the Nebraska Business Development Center, started in the MBA program in January just as the new curriculum was being phased in.
top 5% College of Business Administration MBA students again ranked in the top five percent nationally on the Educational Testing Service Major Field Test this year. UNO MBA students have consistently performed above the national average, with the mean at the 98th percentile for the past three years. This spring was no exception, as 11 individuals scored above the 95th percentile. These individuals were awarded the UNO Distinguished MBA Scholar Award for their exceptional performance. Of the 135 institutions that use the Major Field Test for MBAs, as a class, UNO’s spring 2014 MBA graduates scored in the 99th percentile. The UNO Distinguished MBA Scholar Award was created by the CBA Graduate Faculty to recognize students placing above the 95th percentile on the Major Field Test.
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CBA FOCUSES ON SUSTAINABILIT Y
SUSTAINABILITY MAMMEL HALL SUSTAINABILITY Energy Dashboard Waste Wise Tracking Hydration Stations Rain Garden Landscaping Energy Star速 Portfolio Manager
GREEN RESEARCH
TRAINING GREEN PROFESSIONALS
Green Technologies Survey Green Spaces Valuation Environmentally Preferable Purchasing (EPP) in Higher Education
Sustainable Facility Professional Certification Green Globes Certification Lean and Green Operations
CBA GREEN TEAM
ENERGY SAVINGS
UNO Green Meeting Guide Green Office Supplies Campaign Captive Audience Marketing
Thin Client Technology Re-lamping and Daylighting
HIGHER EDUCATION
FIGHT WASTE
Honors Program in Sustainability Service Learning Projects Executive MBA Capstone Projects
Paperless Recordkeeping Green Purchasing Green Meetings
GREEN BASIS STUDENT ORGANIZATION Tire Gauge Give-Away Recycling and Waste Sort Blind Water Taste Test
MBA FOCUS ON TRIPLE BOTTOM LINE Practiced by more than half of the Fortune 500 and S&P Top 100 firms, TBL allows students to better see the relationship between social, economic and environmental trends.
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UNO COLLEGE OF BUSINE S S ADMINIS T R AT ION
CAMPAIGN PROMOTES GREEN OFFICE SUPPLIES
O
ne often overlooked yet essential strategy for any organization interested in reducing waste and improving its environmental footprint is better management of the procurement process. The Pollution Prevention Regional Information Center (P2RIC) became interested in the office supply purchasing decisions of five local universities. Due to the large budgets involved, it was reasoned that influencing minor changes in practices could potentially yield big results in reducing waste. Researchers believed that these universities would not only realize savings through planned purchasing but also reduce their environmental footprints by choosing paper products with high recycled content, non-toxic cleaners and products made from renewable resources. The project began with a survey taken by the office supply purchasers at UNO, Creighton University, College of Saint Mary, University of Nebraska Medical Center and Bellevue University. Based on the survey results, a green purchasing campaign was developed that was tailored for each university. The first initiative was a desktop reference card with environmentally preferable
purchasing tips. Monthly email newsletters follow up with more tips and more detailed information. The Purchasing Pup graphic was adopted to brand the campaign and to provide a friendly face to the message that waste reduction, cost savings and environmental benefits can all be achieved at once. The project is supported by a grant from the EPA and spearheaded by P2RIC’s Jean Waters, senior community service associate, and Jackelyn Severin, P2RIC graduate assistant, in partnership with each universities’ purchasing manager. CBA professors John Hafer and Michael O’Hara are also helping direct the project. P2RIC serves the U.S. Environmental Protection Agency (EPA) Region VII and is hosted by the Nebraska Business Development Center with offices in Mammel Hall.
Jackelyn Severin and Purchasing Pup, Severin is a CBA graduate assistant for the Pollution Prevention Regional Information Center (P2RIC)
Thin client technology yields savings ... and a good night’s sleep
S
tep into one of the College of Business Administration labs and the first thing you are likely to notice is the array of sleek computer monitors. The second thing you might notice is the noise from all the computer fans. There isn’t any. Then look around for the computer towers, those hulking sideways boxes with the wires and those whirring fans and the heat they put into the room. There are none of those, either. Welcome to “thin client” technology, the idea that less cumbersome technology can mean more in terms of comfort, sustainability and savings. Mounted on the backs of the computer monitors, the cigar box-sized thin client units connect the user to the computer server (the cloud) but do not contain a hard drive. That makes them smaller, quieter, cooler and more secure. Steal one and you steal no data. It’s all housed safely on the server. They also consume less energy than a PC. The same energy a tower would use in an hour can run a thin client for 15 hours. The switch to thin client technology began a little over four years ago, before the college moved into the newly constructed Mammel Hall, when thin client units were put to the test in a lab in the former CBA building, Roskens Hall. “In year one, we bought 80 thin clients to replace older PCs,” says David Nielsen, CBA operations manager. “Today, we have 474 thin clients and not many PCs left.” And while there is an initial cost that must be balanced the first few years against potential savings, he reports that the college is on track to save slightly more than $190,000 in this, the fourth year of the PC to thin client replacement program. Nielsen says the changeover is projected to save $960,000 over nine years. There are savings because the smaller units require less air conditioning to cool the classrooms and labs. They use less energy
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CBA FOCUSES ON SUSTAINABILIT Y
Rick Yoder and graduate assistants Brianne McDonald and Jackelyn Severin in one of Mammel Hall’s rain gardens. Severin and McDonald are pursuing MBA degrees with a concentration in sustainability.
Story continued from previous page
and they cost less to purchase—almost $500 less than a PC. “The thin clients have a life cycle of 10 years, where we had a three-year purchase rotation on the PCs,” Nielsen says. “And so far, we’ve had a failure rate of almost zero. We had one fail, but that was due to operator error.” That means less labor for technicians. “With a PC, if it stopped working, we’d have to send a technician with a cart to pick it up and bring it back to work on it,” Nielsen says. “Now they just reboot.” “This also means we don’t come back to Mammel Hall in the middle of the night to fix computers in the lab.” There is also the cost savings of not having to hire additional technicians, even when the number of thin clients increases. “We’ve increased the number of units, increased their functionality yet maintained the number of personnel to service them,” Nielsen says. “This was the first year I didn’t have to hire another tech.” For the students, one of the advantages of the thin clients is less noise pollution, Nielsen says. “Those PC fans could get loud,” he says. “Now people working in the labs can talk in hushed tones.”
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NBDC trains green professionals
N
ot long after the college moved into LEED gold-certified Mammel Hall, the Nebraska Business Development Center (NBDC) partnered with the International Facility Management Association, to provide instructor-led training for the Sustainable Facility Professional (SFP) Certification. Participants in the training have included operations and facility managers, maintenance supervisors, and air quality specialists. The program is offered several times throughout the year and provides continuing education for LEED-professionals and registered engineers. The training series is taught by Richard Yoder, a registered mechanical engineer and director of the Pollution Prevention Regional Information Center (P2RIC). It is the only instructor-led program for the SFP offered in a 500 mile radius. Although national online courses are available, instructor-led training offers some important advantages, says Yoder. “The
UNO COLLEGE OF BUSINE S S ADMINIS T R AT ION
information we can provide is more relevant to local professionals and is also more current since it can be updated instantly,” he says. Another value of live training is the opportunity to interact with others in the field, Yoder says. “It can be equivalent to having 200 years of experience in one room.” Partnering with Kiewit Corporation, NBDC Green Globes Certification training is provided by Shervin Ansari, Kiewit’s sustainability manager. Green Globes is a building environmental assessment program that provides an affordable alternative to LEED. UNO is one of only two universities in the nation providing instructor-led preparation for this certification. According to Kim Harter, NBDC outreach coordinator, these training courses have included participants from West Corporation, City of Omaha, Bank of the West, ACI Worldwide, OPPD, the University of Nebraska Medical Center, Springfield (Missouri) Public Schools, Kiewit Corporation, and RDG Planning & Design.
Recordkeeping in the digital age
W
hen Aretha Prodjinotho became the Omaha center director for the Nebraska Business Development Center (NBDC) in January 2013, one of her first initiatives was to revamp and streamline client record management to make the process less paper-intensive.
paper copies of their business plan, we scan the document and let them keep the paper copy to help them save on printing costs. With our new client record management approach, files are easier than ever to index, sort, organize, search, and share.”
REDUCING PAPER RECORDS HAS SAVED US MONEY, TIME AND SPACE AND CONTRIBUTED TO CBA SUSTAINABILITY GOALS.
PAPERLESS
DIGITAL
Historically, NBDC consultants kept hard copies of a variety of forms, business plans, spreadsheets and reports for each client. NBDC kept these records for an average of five years, and since hundreds of clients were added each year, the system quickly became inefficient and cumbersome. Storage for the burgeoning files was consuming valuable office space in Mammel Hall. Prodjinotho perceived that a change in how her business clients were communicating was not being reflected by NBDC’s paper procedures. “Our clients were becoming more technology-savvy,” she says. “They were using email communication and sending us electronic files. We would then print these out to make them fit into our existing manual filing system. Our clients were becoming more sophisticated but our internal procedures did not adapt to the change.” In addition, more copies were created to share with community partners. Multiple copies would be printed—for NBDC, for the client and sometimes more than one resource partner. Paper copies circulated back and forth and new versions were printed. Storage of the paper files in the NBDC office alone was almost out of control—filling up filing cabinets, boxes in a common storage room, and a large part of the consultants’ office space. Before Prodjinotho could pare down the paper, she coordinated with partners and funding entities to make sure electronic records were acceptable and that there was a process in place for exchanging and maintaining e-documents. After that, NBDC began purging—scanning existing paper
files, creating an electronic file structure, and shredding. The whole process took four months, with five consultants scanning documents for a few hours each week. The new virtual records are stored on the university servers which are backed up daily. As a result of the overhaul, productivity has increased, printing costs have been cut drastically and valuable physical space has been released for other purposes. “Most of our clients enjoy being able to exchange documents electronically,” says Prodjinotho. It not only creates a record for the client, but also makes the documents accessible from multiple devices, she says. “For the few clients who still bring in
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CBA FOCUSES ON CAREER OPPORTUNIT Y
Companies who employ CBA interns ADC HOMES AT TORNEY GENERAL’S OFFICE AVENUE SCHOL ARS BARCLAY’S CAPITAL BERKSHIRE HATHAWAY HOMESTATE BETA BOOKKEEPING BHHC BLACKMAN & ASSOCIATES BLAND & ASSOCIATES BORMAN AND SCHIEBER BRADOCK & THOMPSON CPA CLINE WILLIAMS COMMUNIT Y, COUNSELING AND CORRECTIONAL SERVICES–WATCH EAST CONAGRA FOODS, INC. COX CL ASSIC CUTCHALL MANAGEMENT COMPANY DEBOER & ASSOCIATES DELOIT TE FASTSIGNS FIRST NATIONAL BANK FLEX PROPERTIES FOOTPRINTS ASSET MANAGEMENT AND RESEARCH, INC.
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FRANKEL Z ACHARIA G4S GAVILON GOLDEN STATE WARRIORS (NBA) GRIFFIN PIPE PRODUCTS HANCOCK & DANA HAYNEEDLE IDEAL IMAGES IDENTIT Y MARKETING GROUP ILLUMINATE FINANCIAL GROUP INFOGROUP IPG JELECOS KIEWIT CORPORATION KOSKI PROFESSIONAL GROUP KPMG LEHIGH & K ADING LIFEST YLE INNOVATIONS FOR EPILEPSY LOZIER CORPORATION LUTZ & COMPANY MECHANICAL SALES INC MELOTZ & WILSON MUTUAL OF OMAHA NATIONAL INDEMNIT Y NEBRASK A FURNITURE MART NEBRASK A MACHINERY CO. NEI RELOCATION
UNO COLLEGE OF BUSINE S S ADMINIS T R AT ION
NELLIGAN SPORTS MARKETING NEW STREET PROPERTIES LLC UNO ATHLETICS NORTHRUP GRUMMAN NORTHWESTERN MUTUAL OLSSON ASSOCIATES OMAHA LOVE OMAHA STORM CHASERS ORTHOPAEDIC MARKETING GROUP PACIFIC LIFE PERRY WISEMAN, CPA PROVISIONED SERVICES, INC. REIMER PROPERITES LLC SADDLE CREEK RECORDS SEIM JOHNSON SELECT SAIL & SPORTS LLC SHERWIN-WILLIAMS SIGNAL 88 SONBURST COMMUNICATION STAGEMEYER & SMITH CPA SUNRUN SUPERIOR HONDA TARGET TD AMERITRADE TEAMMATES THE BANK OF CHINA THE BIKE WAY INC.
THOMAS THOMAS CPA TONY BUDA UNION PACIFIC RAILROAD U.S. SECRET SERVICE UNIVERSIT Y OF NEBRASK A MEDICAL CENTER UP STREAMLINE US BANK USS STRATCOM VECTOR MARKETING VENDORIA, INC. V YRAL MARKETING WALT DISNEY COMPANY WEISSMAN SIGNALS INC WES AND WILLY WEST CORPORATION YAHOO! Z AISS & COMPANY
F
rom career fairs to company visits, employer partnerships and social media, the Career Center at the College of Business Administration is taking a proactive role to link students with area businesses. Created in 2013, the Career Center acts as a liaison between CBA and the employment community to ensure learning objectives are in direct correlation with current business needs, further the employer presence in Mammel Hall, and assist students in developing and accomplishing their career goals. “The single most important aspect of the Career Center at CBA is engaging the students,” says Bianca Harley, career development coordinator. “This past year, it was my goal to design effective marketing tools in order to touch as many students as possible.” Harley created a Career Center pamphlet for distribution during CBA orientation, Welcome Week and in classroom presentations. “By reaching the students during their first contact with UNO and CBA, we have more than doubled our student contacts,” she says. Harley also met one-on-one with nearly 300 students to discuss the students’ needs and to share career-related information. The center hosted two career fairs, one in the fall 2013 that attracted 53 employers and one this spring that drew 51 employers. Each event was attended by about 300 students, Harley says. Other Career Center activities included:
Bianca Harley
CAREER CENTER HELPS DEVELOP AND REALIZE GOALS LUNCH BOX TALKS During the spring semester, the Career Center hosted monthly lunchtime visits with women in business.
THE EMPLOYER PARTNERSHIP PROGRAM Employer Partners receive preferential placing at career fairs, a career fair discount, and receive the first invitations for Career Center programming. The program has tallied 20 employer partners whose companies are listed on the first floor of Mammel Hall. THE ESSENTIAL INFORMATION WORKSHOP SERIES Career Center Employer Partners facilitate workshops detailing the basics of Career Development.
THE SINGLE MOST IMPORTANT ASPECT OF THE CAREER CENTER AT CBA IS ENGAGING THE STUDENTS,
Harley says her goals included using technology and social media to reach students and allow the Career Center to provide services around the clock. “The center now has a Facebook page and Twitter account where I list job postings, information regarding upcoming events, career development tips and articles and social media networking opportunities for students and employers,” she says. “I also utilized e-mail blasts to reach students. Each week I sent out an email to all CBA students informing them of the Employer of the Week, career tips and coming events.”
EMPLOYER OF THE WEEK In this new initiative, employers spend a week at CBA hosting an information booth for students, sharing lunch and learning opportunities for faculty/staff and students, and conducting classroom presentations and special events. The week concludes with a company site visit. More than 20 employers took part. COMPANY SITE VISITS “This year we visited 14 companies in the Omaha metro area,” says Harley. “These visits provide great exposure for CBA students.” Students also were invited by the Grand Island Chamber of Commerce to visit four companies there.
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Mary Bernier, Aretha Prodjinotho, Veronica Doga, Bogdan Cocris, Cal Hinz, Laurie Hinz, Roger Johnson, Cathy Johnson, Zack Zimmerman, Barb Foster, Leon Milobar
Nebraska Business Development Center
AWARDS I
n spring 2014, the six small business owners who received the 2013 annual NBDC business awards were honored both at a state capitol luncheon and during the NBDC recognition banquet. In the late fall, eligible small businesses are nominated for the annual awards by the NBDC consultant who was their primary assistance provider. Before the spring quarterly meeting, the NBDC advisory board votes to select the winners in each category. The Nebraska senator from each winner’s district is invited to present the award during the luncheon in Lincoln. This year’s winners were:
GARWOOD ENTERPRISES, INC. The Champion of Small Business is presented to a Nebraska small business owner who has triumphed in the field of business and is an empowering entrepreneur who stands up for other small business owners.
CERTIFIED TRANSMISSION The Manufacturing Business of the Year is awarded to a Nebraska business that demonstrates leadership in employee involvement, continual process improvement, customer and supplier relations, innovation and new product development, sales growth and sustainability.
THE GREY PLUME The Business of the Year in Energy & the Environment is awarded to a business that has demonstrated leadership incorporating environmental sustainability as a strategic business value that has resulted in improved business performance.
LNK CHEMSOLUTIONS LLC Technology Business of the Year is awarded to the Nebraska business that advances technological innovation, partners with a Nebraska university to meet federal research and development needs, or increases commercialization of federal research.
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UNO COLLEGE OF BUSINE S S ADMINIS T R AT ION
CALVIN HINZ ARCHITECTS PC The Government Contractor of the Year is awarded to a Nebraska business that is successful in selling and delivering products or services to federal, state or local government.
ELLIOTT EQUIPMENT CO. The Export Business of the Year is awarded to a Nebraska business that is successful selling and delivering products or services internationally. Also honored at the banquet were: Zack Zimmerman, NBDC Lincoln center director, is the 2014 U.S. Small Business Administration Small Business Development Center Excellence and Innovation Award winner for region seven (Nebraska, Iowa, Kansas, Missouri). Chris Decker, CBA professor of economics, is the first recipient of the NBDC Faculty of the Year award. NBDC gave Distinguished Service Awards to Cliff Mosteller, retired director, Omaha Entrepreneur Center; Martin Kostecki, retired director of NBDC manufacturing assistance program; and Marjorie Miskec, retired business manager.
Visit nbdc.unomaha.edu/awards for more information about NBDC award winning clients
Far left: Douglas Garwood; Center: Bob Bernier, Gustavo Larsen; Right: Peter Fink, Charlie McPherson, Barb Foster
Right: Scott Harter, Kim Harter, Beth Giesbrecht; Far right: Harold Sargus, Ralph Lassiter
Row above: Bogdan Cocris, Veronica Doga, Aretha Prodjinotho, Cliff Mosteller, Clayton Chapman, Jean Waters, Chris Dekker, Bob Bernier Right: Tatiana Bodrug, Cindy Wofford, Sara McMillan, Jamie Hansen
CBA SUPPORTS ACHIEVEMENT
2013 SCHOLARS AND DONORS RECEPTION
Agency Scholarship
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Daniel Rodgers
Barbara Miller Undergraduate Scholarships
Rachel Sutton Nicole Sweet
Barbara Miller Graduate Scholarship Godfred Amoah
Beta Gamma Sigma Scholarship Zachary Griffith
Beverly Grace Ward Spencer Scholarship Meggan Gibson
Building Owners and Managers Association Scholarship
Carl Mammel CBA Scholarship Monica Bosiljevac James Kerrington Allyssa Kipling Madison Mapes Taylor Musil Marco Ortiz Kerry Pivovar Jenna Stotz Kara Weiler
Carl Mammel Freshman CBA Scholarship Brandi Diederich Luke Edwards Tyler Stansberry
Charles and Gloria Billingsley Scholarship
Mitch Kracl Joe Krings
Rebecca Finger Tayler Schnitker Alyssa Vest
Bun Song Lee Scholarship
Charles T. and Denise A. Olson Scholarship
Fengjie Zhang
C. Glenn Lewis Scholarship Brandon Bischoff Maggie Koenig Yanjun Lin
C. Marsh Bull Honors Scholarship in Marketing Taylor Kathe
Jeffrey Fonda Haley Glanzer Theresa Holly Nathan Lyle Joey McGahan Morgan Westenburg Kiley Bierman Morgan Birkel Emily Burr Allison Foy Scott Weaver
David Raymond Talent Scholarship Joel Tapsoba
UNO COLLEGE OF BUSINE S S ADMINIS T R AT ION
Dean and Maria Jacobsen Scholarship Tara Stenslokken Chase Rockefeller Scott Weaver
Dean John Lucas Marketing Scholarship Yesenia Madera
Delaine R. and Dorothy M. Donohue Scholarship Alacia Book
Dr. James J. Conway Memorial Scholarship Austin Bonk Theresa Nguyen Albert Padanilam
Ed Belgrade Scholarship
Gary Penisten Talent Scholarship Mackenzie Hoffer
Gerald Karlin College of Business Scholarship
Ashley Frahm
Herb Sklenar Freshman Scholarship
Crista Buller Ryan Cook Allison Foy Eric Kula Mark Riemer Jennifer Rife Adam Stahlecker
Ariel Valenzuela
Justin Korth Britany Seda
Herb Sklenar Scholarship
Shelby Diehl Kristine Hanus Jeremy Wertzberger
Hollis and Helen Baright Foundation Scholarship
Zachary Crooks
Jacqueline Bevilacqua Zacharie Reinhardt
Ernest H. Kenyon Scholarship in Accounting
Horace Wu and Kate King Wu International Scholarship
Frank L. Mansell Scholarship
Horace Wu and Kate King Wu Scholarship
Ashley Taylor
Amanda Bockelman Ashley Eisert Asiha Eona David Farris Anastacia Glinsmann Anthony MacBride Brandon Pecka Mateen Sharif Nicolas Unger
Frankel Zacharia, LLC Scholarship Ariel Valenzuela
John A. and Phyllis S. Jeter Accounting Scholarship
Ly Bui
Jeffrey Fonda Byeong Yeon Park Cassandra Tillia
John and Mary Schleiger Graduate Scholarship
John and Mary Schleiger Undergraduate Scholarship Allison Foy Joel Hoberman Jim Kerrigan Eric Kula Zachary McNair Theresa Nguyen Jenna Stotz
Jon Guinn Scholarship presented by Lutz & Company PC Emily Burr
Keith V. Kiernan Scholarship
Jack Haley Scholarship presented by DEI Communities Josh Archer
Megan Alferes Mary Osbourne Sparkle Ross Jarrett Suddarth Jingwen Zhao
James Horejs Scholarship
Kellogg USA Scholarship
Chloe Davidson Cassandra Fenton Kevin Franco Nicole Sweet
Rachel Powell Olson
Laura Gogan Memorial Scholarship Elizabeth Budden
Lucille M. Gannon Memorial Scholarship David Farris
Magnuson-NE Society of CPAs Scholarship Meggan Gibson
Major Thomas Spencer Scholarship John Dahlgren
Mike (M.C.) Biggerstaff Scholarship Chris Young
Morrison Nuts and Bolts Scholarship Brianne McDonald
Natan and Hannah Schwalb Scholarships Tanner Bics Morgan Birkel David Farris Allison Foy Mark Moulton Morgan Westenburg
Nebraska Bankers Association Scholarship Jacquelyn Bevilacqua Joshua Biggs Derrick Broekemier Ly Bui Courtney Buman Krystal Fessler Stacia Gebers Aaron Kersigo Thomas Klostermeyer Elliot Koerting Liya Lu Anthony MacBride Jared Rieger Alex Toole
Nebraska Society of CPAs Scholarship Emily Burr Jeffrey Fonda Xue Li Joseph McGahan Benjamin O’Brien Cassandra Tillia
NSCPA 5th Year Scholarship Crista Buller Mark Riemer Adam Stahlecker
Omaha Area Board of Realtors Scholarship Huong(Lan) Hoang Callum Page
Ora C. and Fred B. Vomacka Memorial Scholarship Emily Burr Dora Cabrera Kenneth Downing Jeffrey Fonda Meggan Gibson Zachary Griffith Kevin Kwak Xue Li Joseph McGahan Alex McIntyre Benjamin O’Brien Byeong Yeon Park Ashley Taylor Cassandra Tillia Xiaofang Wang Scott Weaver
Paul and Barbara Kistler Scholarship John Dahlgren
Paul and Barbara Kistler International Experience Scholarship Jonathan Headlee Alisandru Lunca
R. Craig Hoenshell Initiative Scholarship Anna Di Ruocco Trey Jones Brittany Lynch Mari Meza Jun Mo Byeong Yeon Park
R. Craig Hoenshell Leadership Scholarship Nicole Bayer
R. Craig Hoenshell Talent Scholarship Jeffrey Dolejs Aaron Pearce
Robert Benecke Outstanding Finance Student Scholarship
Robert Kreitner & Margaret A. Sova Tuition Scholarship Tom Bosco Logan Mendez Christie Schaffart Ellen Simon Logen Watts
Robert Stedman UNO College of Business Scholarship
Roger Sindt Scholarship
Dora Cabrera Kevin Kwak
Robert E. Bernier NBDC Scholarship Purav Bhatt
Kiley Bierman Kyle Eddy Sarah Fangmeyer Jacob Jenson Alexandra Johnson
Kevin Franco Meggan Gibson Anastacia Glinsmann Kathryn White
Richard E. Prince III Memorial Scholarship
Re/Max Results Scholarship
Sam and Dorie Leftwich Scholarship
Robert Kreitner and Margaret A. Sova Text Book Scholarship
Tyler Reggio
Rachel Sutton
Theresa Nguyen
Jena Thelen
Kelly Bates Felipe da Silva Aaron Estrada Derek Hofeling Ashley Horton Nicodemus Ondego Scott Rasmussen Haley Shelton Jessica Stednitz
Ray Bradley Outstanding Corporate Finance Student Scholarship
Ronald Bauers Memorial Scholarship
Jake Staub
Ron and Shirley Burns Leadership Scholarship Matthew Coufal Emily Shavlik Morgan Westenburg
Scott Copple Memorial Scholarship Joseph Krings
Timothy Jensen Accounting Scholarship Jeffrey Fonda
Trever Lee Memorial Scholarship Joel Tapsoba
Union Pacific Econ Scholarship Daniel Marquez
Union Pacific MBA Scholarship
Securities America, Inc. MBA Scholarship Dustin Bloomquist
Anjani Danthuluri Ashley Harlow Shizhen Huang Ayush Panta
Ben and Martha Simmons Scholarship
Union Pacific Scholarship
Byeong Yeon Park
Society of Industrial and Office Realtors Scholarship Micah Masterson Rachel Sutton
Tal Anderson Athletic Scholarship Alex Mortensen
Jonathan Foss Janae Radtke
UNO/CBA/Urban League of Nebraska Partnership Scholarship Joshua Williams
William Brown Memorial Scholarship Taylor Kathe
The Woodmen of the World Leadership Scholarship Jeffrey Dolejs Jian Zhong
Tim & Traci Harrison Scholarship Zachary Griffith
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CBA FACULT Y & STAFF, 2013–2014 ACCOUNTING
Darryll Lewis, Associate Professor, 1986. J.D., Creighton University, 1978.
Susan Eldridge, Associate Professor and Department Chairperson, 2002. Union Pacific Professorship. Ph.D., University of North Carolina-Chapel Hill, 1997.
Olivier Maisondieu Laforge, Associate Professor, 2004. Ph.D., University of Cincinnati, 2004.
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. Ph.D., University of Nebraska-Lincoln, 1990. Jennifer Riley, Associate Professor, 2007. Ph.D., University of NebraskaLincoln, 2005. Burch Kealey, Associate Professor, 2001. Hockett Professorship. Ph.D., University of Oklahoma, 1996. Xiaoyan Cheng, Assistant Professor, 2009. Ph.D., University of NebraskaLincoln, 2009.
Graham Mitenko, Associate Professor, 1987. DBA, Memphis State University, 1987. Jeffrey Bredthauer, Assistant Professor, 2012. Ph.D., University of Nebraska-Lincoln, 2011. Laura Beal, Lecturer. MBA, University of Nebraska-Lincoln, 1991.
Andrew Alexander, Manager, Procurement Technical Assistance, 2006. MA, Central Michigan University, 1981, Veronica Doga, International Trade Specialist, 2009. MS, University of Nebraska at Omaha, 2008. Gerald D. Parriott, Business Manager, 2012. BS, University of Nebraska at Omaha, 2012.
Nate Bjorklund, Lecturer, 2011. MBA, University of Nebraska at Omaha, 2011.
Marisol Rodriguez, Technology Commercialization, 2012. MS, University of Nebraska at Omaha, 2007.
MARKETING/ MANAGEMENT
Harold Sargus, Client Services Manager, 2011. MBA, University of Akron, 1983.
John E. Erickson Jr., Associate Professor and Department Chairperson, 2003. Ph.D., University of Nebraska-Lincoln, 2004.
Roopa Venkatesh, Assistant Professor, 2009. Ph.D., University of NebraskaLincoln, 2008.
Phani Tej Adidam, Professor, 1996. Executive Management Education Professorship. Ph.D., Texas Tech University, 1996.
Tim Yoder, Assistant Professor, 2010. Ph.D., Penn State University, 2006.
Ziaul Huq, Professor, 1987. Ph.D., University of Kentucky, 1990.
Laura Ilcisin, Lecturer. MBA, University of Nebraska at Omaha, 1980.
Tom Martin, Professor, 1989. Ph.D., University of Iowa, 1977.
Jillian Poyzer, Instructor, 2011. MA, University of Nebraska at Omaha, 2006.
Rebecca Morris, Professor, 1988. Ph.D., University of Nebraska-Lincoln, 1988.
Timothy Rooney, Instructor, 2012. MBA, Creighton University, 1989.
John Hafer, Associate Professor, 1989. Ph.D., University of Nebraska-Lincoln, 1979.
ECONOMICS
Jonna Holland, Associate Professor, 1996. Ph.D., University of NebraskaLincoln, 1996.
Donald Baum, Associate Professor and Department Chairperson, 1987. Ph.D., Claremont Graduate School, 1979.
NEBRASKA BUSINESS DEVELOPMENT CENTER
James Jones, Associate Professor, 1998. Ph.D., University of NebraskaLincoln, 1998.
Jean Waters, Senior Community Services Associate, 2001. MS, Kansas State University, 1978. Richard Yoder, Pollution Prevention Regional Information Center, 1996. MS, Iowa State University, 1982.
ADMINISTRATION 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.
Christopher Decker, Professor, 2001. John Lucas Professorship. Ph.D., Indiana University, 2000.
Robert Ottemann, Associate Professor, 1973. Ph.D., University of Nebraska-Lincoln, 1974. J.D. Creighton University, 1984.
DEAN’S NATIONAL ADVISORY BOARD 2013–2014
Amy Rodie, Associate Professor, Marketing, 1994. Ph.D., Arizona State University, 1995.
Mickey Anderson Performance Auto Group
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.
FINANCE, BANKING AND REAL ESTATE David Volkman, Associate Professor and Department Chairperson, 1989. Cloud Professorship. Ph.D., University of Nebraska at Lincoln, 1992. 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. Steven Shultz, Professor, 2005. Baright Professorship. Ph.D., University of Arizona, 1993. Kathleen Henebry, Associate Professor, 1992. Ph.D., University of Illinois, Urbana-Champaign, 1992.
Birud Sindhav, Associate Professor, 2000. Ph.D., University of Oklahoma, 2001. Michael Breazeale, Assistant Professor, 2012. Ph.D., Mississippi State University, 2010. Dale Eesley, Assistant Professor, 2008. Ph.D., University of WisconsinMadison, 2002 Ginamarie Ligon, Assistant Professor, 2012. Ph.D., University of Oklahoma, 2004. Erin Pleggenkuhle Miles, Assistant Professor, 2011. Ph.D., University of Texas at Dallas, 2012. Greg Morin, Lecturer. MA, University of Nebraska at Omaha, 1999. Pamela Peterson, Instructor, 2012. MBA, University of Chicago, 1997. Janet Pol, Coordinator, Business Statistics, 2008. MBA, University of Nebraska at Omaha, 2005.
UNO CENTER FOR ECONOMIC EDUCATION Mary Lynn Reiser, Director. MS, University of Nebraska at Omaha, 1993. James Dick, Center Associate, Professor, Ed.D, Indiana University, 1974. Kim Sosin, Center Associate, 1980. Ph.D., University of Nebraska-Lincoln, 1970.
PROFESSORSHIPS AWARDED IN 2014 William Hockett Professorship Jennifer Riley
Bill Swanson, Director, Executive MBA/Professional Management Education. MBA, University of Nebraska at Omaha, 1991.
Patricia Meglich, Associate Professor, 2007. Ph.D., Kent State University, 2006.
Shuanglin Lin, Professor, 1989. Noddle Professorship. Ph.D., Purdue University, 1989.
Laura Ilcisin (pictured above with UNO Alumni Director Lee Denker)
David Nielsen, Director, IT and Budget, 1990. MS, UnIversity of Nebraska at Omaha, 1992.
Catherine Co, Professor, 2000. Lindley Professorship. Ph.D., Rutgers University, 1995.
Arthur Diamond, Professor, 1986. Ph.D., University of Chicago, 1978.
UNO ALUMNI TEACHING AWARD
John Morgan Community Chair Dale Eesley James R. Schumacher Chair of Ethics Amy Rodie
Kristin Streff Barnett Girl Scouts Spirit of Nebraska Dennis D. Blackman Blackman & Associates John Bredemeyer Realcorp, Inc. Gail DeBoer SAC Federal Credit Union Becki Drahota Mills Financial Marketing Ivan Gilreath Boys and Girls Clubs of the Midlands Dan Gomez Mutual of Omaha Bank Frances Grieb Deloitte & Touche LLP (retired) Mark Grieb AAA Nebraska Tim Hart First National Bank Rod Heng KPMG LLP (retired) John Hoich Hoich Enterprises Mark Jaksich Valmont Industries, Inc. Jack Koraleski Union Pacific Railroad Rodrigo Lopez AmeriSphere Michael Maroney Omaha Economic Development Corp.
Lloyd A. Meyer Leo A Daly (retired)
Roberta Wilhelm Girls Inc of Omaha
Gary D. Penisten Sterling Drug (retired)
Thomas Warren, Sr. Urban League of Nebraska
Ross Ridenoure Parsons
Horace Wu Attorney
Jeffrey R. Schmid Omaha Financial Holdings, Inc. Mark Theisen Greater Omaha Packing Co., Inc. Mike Walter Mike Walter & Associates
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:
RR CBA College Fund (All Depts.) #2496
$ _________
RR CBA Real Estate/Land Use Fund #5040 $ ________
RR CBA Economics Fund #5048
$ _________
RR Executive MBA Fund #0890
RR CBA Finance & Banking Fund #5039
$_________
RR UNO CBA Dean’s Fund #5644
RR CBA Management Fund #5078
$_________
RR UNO Entrepreneurship Fund #1631
$ ________
RR Nebraska Bus Dev Center (NBDC) #2822 $_________
RR CBA Marketing Fund #5075
$_________
$_________ $_________
RR CBA Professional Accounting Fund #5008 $ ________ Name______________________________________________________________________________________________ Address________________________________________ City__________ State_______ Zip______________________ Phone__________________________________
Email �������������������������������������������������
I am paying by: Check payable to UNIVERSITY OF NEBRASKA FOUNDATION I am paying by credit card: Visa MasterCard Discover American Express Card Number__________________________________________ Exp. Date__________________ Cardholder’s Signature________________________________________________________________________________
Give online at nufoundation.org/UNOCBA For more information, contact Sue Kutschkau at (402) 502-4109 or via email skutschkau@nufoundation.org.
YE AR IN RE V IE W 2013–2014
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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 cba.unomaha.edu
Congratulations to the Class of 2014! 48
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