School of Business From the Dean… I have to confess that I am still enjoying the honeymoon at Henderson State University School of Business. During the Spring semester, we awarded scholarships to deserving students, inducted top students into Beta Gamma Sigma, concluded another great year for our Business Mentorship Program, witnessed the birth of the School of Business Club, inducted a great alumna into our Hall of Fame, and watched 53 students receive their degrees. As Spring turned into Summer, we were successful in our recruiting efforts and hired two new faculty in management. Heart Start, a series of Summer orientation sessions, is much larger than in past years and we are anticipating a thirty percent increase in our Fall enrollment. We have been working very hard to strengthen our relationships with the community colleges in our area. Consideration is being given to offering our business core curriculum in several locations. We are proposing a general business degree for the nontraditional student wishing to finish a degree started in years past. An entrepreneurship class will be offered in the Fall. Students in the class will form the nucleus of a business plan competition to be initiated at HSU. Jeffrey L. Hamm Winners of the competition will submit their business plans to the Arkansas Governor’s Cup competition. The number of prerequisite hours required of students without an undergraduate business degree for admission to the MBA program are being reduced slightly. I continue to be excited about the prospects for the future. I invite you to read the highlights on the following pages.
Fall Events…
Inside this issue:
August 18-20...Faculty meetings
August 25...Fall classes begin
September 6...Labor Day
September 7...Business Advisory Council, Business Mentor Program
September 29….SOBC Business Networking Social
Student Accomplishments
2
Faculty Highlights
2
Aviation
3
October 7...Founders Day
SBTDC
3
October 23...Homecoming
New Faculty
3
December 17...Commencement
Spring Events
4
Business Beyond the Classroom
Page 2
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Student Accomplishments...
For the second year, a team of HSU business students won first place at the regional Chartered Financial Analysts (CFA) Global Investment Challenge in Memphis. They “outperformed” the University of Arkansas and the University of Memphis, according to Dr. Frank Smith, assistant professor of business. The team returned to the national competition in New York City in the spring but did not advance. The team included Heather Szflenski, Isaac Fox, Ben McCaleb, and student coach Ben Sivertson.
The School of Business Club (SOBC) was created to hold combined meetings of the Economic Society, the Finance Club, the Marketing Society, and the Society of Accountants for the purpose of unity and synergy. SOBC held its first annual Business Networking Social on April 8. Business professionals, students, and faculty rated the event as a big success.
Tiffany Templeton, a junior business marketing & communications major from Sherwood, was crowned Miss HSU 2010 on March 18. Templeton competed against 16 other contestants for the title.
Fifteen Henderson State University students were inducted into Beta Gamma Sigma, an international honor society that includes the best business students in the world. The Henderson chapter inducted the new members during a ceremony on April 8.
Faculty Highlights... Campbell, Nathan—”The Development of a Multidimensional Measure of Perceived Work and Family Social Support” presented at the Southern Management Association meeting in November, 2009. Claar, Victor—”Ranking the Rankings of Journals in Economics by Quantifying Journal Demand” and “Using Prior Knowledge, Scaffolding, and Modeling to Drive Home Lessons in Economics: Three Examples from Across the Curriculum” both presented at the Association of Private Enterprise Education meeting in April, 2010. Claar, V., V. TenHaken, R. Frey, & M. Saruckij—”Entrepreneurial Attributes of MBA Students in the United States Relative to Those in Two Transition Economies” presented at the Annual Meeting of the Midwest Economics
Association in March, 2010. Claar, V.—”Ethics and Economics.” Invited book chapter in 21st Century Economics: A Reference Handbook. Sage Books. Clark, Renae—”Student Success in Hybrid Accounting Courses: Which Online Tools Really Work?” accepted for presentation at the ASBBS conference in February 2010. Conrad, Edward—“Willingness to Use Strategic IT Innovations at the Individual Level: An Empirical Study Synthesizing DOI and TAM theories” selected as the best dissertation of all submissions at the Allied Academies Spring International Conference in New Orleans in April, 2010. DiMarzio, Dennis—”A Critical Evaluation of the Legal Safeguards of America’s Food Safety System”
published in the North East Journal of Legal Studies in the Spring, 2010. Hamm, Jeffrey—”The IRS Gets an Education” published in the Tennessee CPA in March, 2010. Puleo, V., Frank Smith, and M. Casey—“Insurance Company Dividend Policy Decisions: Evidence on the Role of Corporate Governance and Regulation” published in Financial Management in June, 2009. Sumner, Glenna & Williams, Anita—”The Economic Impact of a Shift from Hard to Fuzzy Contracts” published in the Journal of Financial Economic Policy in March, 2010. Wright, Doris—”Communicating in a Flat World: Determining the Social Style of Email Authors” presented at the ASBBS meeting in February, 2010.
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Aviation... The Redbird FMX is the aviation department’s new state-of-the-art flight simulator. In addition to the realistic controls and instruments, the simulator has six LCD computer monitors that form a wraparound visual system. It also includes real motion in three axes giving movement in pitch, roll and yaw. “The 200-degree wraparound visuals allow the pilot to look out the side windows as well as the front windscreen,” said Troy Hogue, assistant chief aviation instructor. Hogue said the new simulator enhances the learning experience through realism. “Adding motion, along with the improved graphics, will give the student a level of realism that is not possible in the older simulators,” he said. While the aviation student trains in the Redbird, the instructor can sit in the other seat and instantly change the flying conditions. “The simulator has an instructor station that is essentially a tablet computer,” Hogue said. The Arkansas Department of Aeronautics provided 90 percent of the funds to purchase the $100,000 simulator through a matching grant.
Business Beyond the Classroom!
SBTDC...
Kelley Massey
Kelly Massey has accepted the position of Director for SBTDC. Massey joined the SBTDC in 2008 as a Business Consultant. He earned a bachelor's degree in Business Management and an MBA from HSU. Massey is a Certified Senior Professional in Human Resources Management with 11 years prior experience in manufacturing and the hospitality industry. He is a Certified Business Advisor®.
Leah Hasley has accepted the position of Business Consultant with the SBTDC. Hasley joined the SBTDC in April 2009 as a Training Consultant. She has a Bachelor of Science in Business Management from Henderson State University. She and her husband have owned a small business in Clark County for over 20 years. She previously worked in the business aviation industry as an aircraft scheduler.
Leah Hasley
New Faculty... Michael (Mike) Dinger is a native of South Carolina. Mike completed two years at Greenville Technical College, transferred to Presbyterian College (PC) to complete his degree in business administration, and had the good fortune to meet his wife, Erin. Dinger is currently finishing his doctoral work in management at Mike & Erin Dinger Clemson. Mike has experience teaching business statistics and information systems classes. This is an exciting time for Mike and Erin, as they are expecting their first child (a baby girl) in October. Mike is very happy to be starting at Henderson State this fall, and will soon be moving to Arkadelphia!
Lonnie Jackson will join the management faculty this Fall. He most recently served as the Director of the SBTDC for ten years. Jackson has a bachelor's degree in Management and an MBA from HSU. Jackson is also a Certified Business Advisor® . He previously worked for a major retail company where he served in management roles. Jackson and his wife have owned a small business in Lonnie Jackson Arkadelphia since 1992.
Business Mentorship Program Wraps Up the Year of 2009-2010 on a High Note The School of Business Mentorship Program concluded the year with a luncheon attended by mentors, mentees, administrators, and business advisory council members on April 8, 2010. Dr. Jeffrey School of Business Hamm, Dean of School of Business, commended the mentors for 1100 Henderson Street their unselfish contributions of time and professional expertise in Box 7801 helping Henderson students see the linkage between textbook Arkadelphia, AR 71999-0001 theory and practice. President Charles Welch praised the impressive accomplishments of the mentorship program and Phone: 870.230.5377 shared the fond memory of his personal experience at University of FAX: 870.230.5286 Arkansas, where the chancellor mentored him throughout his college years. “Without the wonderful guidance received from my mentor in my college years, I would not be where I am today,” says President Welch. One of the business mentors, Greg Clark, reported the results of an alumni survey conducted by his mentorship team, which included Amber Green, Danielle Brunet, and Tiffany Templeton. This survey focused on how Henderson alumni who graduated in recent five years have utilized the on-campus career service facility and web resources. At the end of the luncheon, Ross Godwin, Executive Director, and Paul Huo, Faculty Director of the Business Mentorship Program, presented a Certificate of Participation to every mentee who had completed a full year in the program. Each of the two new mentors, Bob Murphy and Keith Runyan, also received a Certificate of Appreciation. School of Business Inducts Garcia into Hall of Fame Henderson State University’s School of Business inducted Karen Garcia of Hot Springs into its Hall of Fame during an awards banquet April 8, 2010. Garcia, a Friendship native, graduated from Henderson with a BSBA in accounting. She earned her MBA from the University of Phoenix. After working with the accounting firm of Jordan, Woosley, Crone & Keaton LTD in Hot Springs, Garcia joined Weyerhaeuser as a regions services accountant in 1987. She was then promoted within the company to her current position of strategic program manager. Garcia has received numerous awards for her civic and volunteer work. She is a member of many organizations including the Hot Springs 50 for the Future and the Chamber of Commerce. She serves as the treasurer for the Democratic Party of Arkansas, chairperson of the City of Hot Springs Transportation Advisory Commission, and was appointed by Governor Mike Beebe to serve on the Board of Visitors for the Arkansas School for Math, Science, and the Arts. School of Business Awards Banquet The School of Business faculty presented awards and scholarships to twenty-five Henderson business students. These included: Stella Spoon Accounting Scholars—John Ben McCaleb, Clair Kennedy, Christa Coulon Robert G. Edwards Finance Scholarship—Blake Omar Oren Harris Outstanding Business Law Student—Devona Anderson School of Business Student Leadership—Ben Sivertson Summit Bank Outstanding Banking Student—Brandon Tyron Thurman May Outstanding Accounting Graduate—Jerry Toland, Wade Landrum ASCPA Scholarship—Hope Warner CRC Outstanding Business Information Systems Graduate—Daniel Malm CRC Outstanding Business Information Systems Students—Matthew Miller, Doyle Reece, Hunter Boles, Shawn Baar Southern Bancorp Outstanding Finance or Accounting Graduate—Megan Hopper Outstanding management Graduate—James Crenshaw Outstanding Marketing Graduate—Martial Montagnac Marketing Scholarship—Martial Montagnac Student Managed Investment Fund Team recognition—Ben Siverston (coach), Isaac Fox, Ben McCaleb, Heather Szeflinski Tad and Judy Krug Scholarship—Jamie L. Wood Oscar and Eathel Greenberg Scholarship—Chris Henderson