Dicke Magazine Winter 2015

DICKE MAGAZINE COLLEGE OF BUSINESS ADMINISTRATION WINTER 2015

pages 4–7:

RT A H E A D STAW ORLD

ON THE RE AL

FROM THE

DEAN Dicke Magazine is produced by the Ohio Northern University Office of Communications and Marketing and published by The James F. Dicke College of Business Administration at Ohio Northern University.

Editors/Writers: Josh Alkire Miranda Buschur Sheila Baumgartner Laurie Wurth Pressel Design: Lauren (Bailey) Honaker, BFA ’10 Photography: Trevor Jones Ohio Northern University The Dicke College of Business Administration 525 S. Main St., Ada, OH 45810 Phone: 419-772-2000 The Dicke College of Business Administration prepares students to become successful business and community leaders in a changing world. The college offers nationally accredited academic programs in five majors and five related areas of study. The integration of theory and practice and ongoing mentoring opportunities are hallmarks of this outstanding academic program. www.onu.edu/business

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n the Dicke College of Business Administration, we do not just teach business theory in the coursework we deliver, but an equal emphasis is placed on the application — how theory is applied in the workplace. Another avenue our students follow to get the effective application of what they learn in the classroom is our mandatory internship — “Learning by Doing.” Every one of our degree-seeking students must serve an internship for credit. Our internship program is more than nine years old. In this issue of Dicke Magazine, the lead story provides you with an update on this very impactful ingredient of our undergraduate program.

One year that all of us remember in our lives is our freshman year at the University.

Freshman students must transition, both academically and socially, from their home and high school on to the University campus and into our business program. For most students, this is one of the biggest transitions of their lives. Read about some of our students’ experiences in this issue.

Our faculty are the essence of “Teacher-Scholars.” They are, first and foremost, excellent teachers who complement their teaching with published research that, arguably, keeps them current in their field or specialty. Read and learn about what four members of the College of Business Administration faculty are doing in their scholarly work.

Five very successful alumni, Michael Kaufmann, BSBA ’95, Anmarie Kolinski, BA ’94, BSBA ’94, Jared Walsh, BSBA ’00, Larry Boord, BSBA ’71, JD ’75, and Paul Carbetta, BSBA ’90, are featured in this issue of our magazine. Kaufmann, Kolinski and Walsh were given honorary memberships to Beta Alpha Psi, the international honor society for financial information students and professionals. Boord and Carbetta were given our annual Outstanding Service Award, which celebrates their sustained and significant service to the College of Business Administration.

This year marked the conclusion of two faculty careers. Drs. Michele and Paul Govekar, both management professors and husband and wife, retired. They had 15 years of impactful service to the college, the University and our students. A scholarship in their names was started, and donations are being solicited to fund it.

We hope you enjoy this issue of Dicke Magazine. Thank you for your interest and support for the college and University. We invite you to return to Ada and visit the college.

Sincerely,

James W. Fenton Jr. Ph.D. Dean and Professor of Management 2

CONTENTS Page 4 A Head Start on the Real World Page 8 Faculty Research Page 16 First-Year Fears Page 20 New Business Faculty 2015–16 Page 22 Evolution of a Family Business Page 23 The Outstanding Service Award Page 24 Business Students Give Thanks Page 26 The Couple That Teaches Together ...

Page 28 Catching up with Roger D. Young Page 30 Why Hire ONU Page 31 Board Advisory Members

DICKE MAGAZINE WINTER 2015

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A HEAD START ON THE

REAL

WORLD

4

E

very student in the Dicke College of Business Administration completes an internship before graduation. Through this experience, students get the chance to apply the knowledge and skills they’ve learned in class in a real-world situation. “We place a great value on our internship program,” says Jim Fenton, dean of the business college. “We want each student to gain professional experience and build confidence for their first job.”

The business college places around 60 students each year in a variety of internships at corporations, family-owned businesses, accounting firms, government agencies and nonprofits. While many internships are located in Ohio, some take place in different states or even other countries. Most internships are paid, and students earn three credit hours toward their degrees.

Dr. Matt Lambdin, director of experiential learning, builds relationships with internship sites and matches students with the best experience. “Most universities provide an organization with a book of résumés featuring 30 students for employers to choose from,” says Lambdin. “We prefer the individual approach.

We know each student’s strengths and interests. We create professional relationships that provide the best outcome for the organization and the student.”

Alumni and professors often contact Lambdin with internship opportunities. He also actively seeks out opportunities through networking. In each case, he talks with the organization’s management team to understand their needs. He then creates an individual plan to find talent that fits the position. “I always promise to only refer student candidates that have the skills, knowledge and abilities that the employer is looking for,” he says. “Meeting the needs of the employer on the first placement encourages them to return for more students in the future.”

This personal approach has enabled Lambdin to build strong partnerships with a large number of organizations, including Ernst & Young, Marathon Petroleum, Deloitte, PricewaterhouseCoopers, Cardinal Health, and Crown Equipment Corporation.

These companies routinely employ ONU interns and account for approximately 20 ONU intern placements each year.

“The quality of the students that we receive from ONU is top-notch,” says Erin Schwiebert, talent acquisition recruiter at Marathon Petroleum. “ONU is a top-ranked school in the Midwest, and Marathon certainly benefits from the level of students that come on board. The various programs at ONU truly prepare students to work in a corporate or field environment.”

Many organizations use internships as a way to “try out” a potential new employee, says Fenton. “It eliminates the guesswork in the hiring process. Managers can observe a person over an extended period of time.

They can evaluate whether or not the intern fits with the culture and is producing desirable results.”

“We utilize our interns and co-ops as part of the fulltime team,” says Schwiebert. “The work that these students are doing during their tenure is that of a full-time employee, and it is a valuable piece of our business. Interns provide a unique, diverse and fresh perspective on all aspects of our business.”

For students, an internship enables them to engage in meaningful work and experience a real business setting. They learn about leadership, teamwork and the expectations of a professional environment. “We take pride in our efforts to develop the soft skills,” says Fenton. “An internship validates everything we’ve taught students about proper etiquette, punctuality, work ethic, and the quality and quantity of work expected from them in a professional setting.”

Sometimes — despite the due diligence — an internship doesn’t go as planned. A student may encounter a difficult manager or co-worker or a challenging task. But even in these rare cases, it ends up being a teachable moment, says Lambdin. “We recently had a student who interned for a blunt manager who failed to motivate the interns,” he says. “The student and I discussed the traits of a good leader, and he learned how to achieve better outcomes if he were ever to be in a leadership position.”

An internship also gives students an edge in the marketplace. It enhances their résumés and gives them experiences to talk about during job interviews. And in many cases, the internship leads to full-time positions.

About 50 percent of ONU business students receive job offers from their internship experiences. For ONU business students who intern at a corporation or accounting firm (versus a small business or nonprofit), the percentage who receive job offers is much higher.

In fact, two current seniors in the business college accepted job offers before the year even began.

Taryn Stromback, a pharmaceutical business major from Maple Grove, Minn., plans to work for Deloitte Consulting after graduation, and Kaitlann Hogrefe, a pharmaceutical business major from Ada, Ohio, will be with Cardinal Health.

“It’s gratifying to watch a student work hard in class, apply their knowledge and skills at an internship, and have that effort be rewarded,” Lambdin says. “For many of our students, their internship culminates in a job that they love going to every day.

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LINDSAY SIMMONS MAJOR: Marketing HOMETOWN: Ada, Ohio WHY SHE CHOSE ONU: “I looked at many other college campuses and business schools, but ONU in comparison offered everything I wanted. I liked the small class sizes, the real-world business experiences, and the professors and staff. My family has a long history at ONU, and I was more than excited to continue that history as a Polar Bear.”

WHY MARKETING: “I like being creative and enjoy keeping up with the constantly evolving social media part of marketing. Marketing also provides a broad variety of job opportunities.”

Lindsay Simmons loves everything about baseball — the crack of the bat, the slide into base, the cheers and groans of the crowd, and the smell of popcorn and hot dogs. She’s been a fan of the Los Angeles Dodgers and the Cincinnati Reds from the time she could walk.

“I’m probably the biggest Pete Rose fan out there — he’s my hero,” she says.

So when the junior marketing major landed an internship at Historic Dodgertown, it was a dream come true. Getting to spend the winter in Vero Beach, Fla., was icing on the cake. “Dodgertown is a monumental place in the history of baseball and widely known throughout the sports world,” she says. “It was just a fantastic opportunity all around.”

Historic Dodgertown was once the spring training camp for the Los Angeles Dodgers. Many famous baseball players have played in the stadium – including legend Jackie Robinson. Today, it’s an extensive sports complex that hosts tournaments and teams (not just baseball, but lacrosse, football, soccer and more) from all over the country.

To the outsider, working in sports sounds like pure fun, says Brady Ballard, vice president of Historic Dodgertown. But in reality, it’s fast-paced and stressful and requires long hours. Most interns — Simmons included — have eye-opening experiences, adds Ballard.

“Sales, customer service, event preparation and execution can be more daunting than many realize,” he says. “We especially have a lot of moving parts on our 80-acre campus. The logistics of serving meals, teams in our hotel, field and facility maintenance, game schedules, and training can be fairly complex. Additionally, from the business side, you have to balance labor, expenses, utilities and more to ensure that all efforts strengthen the bottom line.”

Simmons spent an intense three months learning the ins and outs of running a premier sports training and meeting facility. “My internship tasks changed from day to day,” she says. “I never had a set routine, and I helped out wherever there was a need.”

She made sales calls, built relationships with high school and college coaches across the country, resolved conflicts, prepared schedules, made sure events ran smoothly, and helped ensure that all visiting coaches, teams and guests had a positive experience.

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The biggest learning curve for Simmons was dealing with difficult people and handling conflicts. Although she describes herself as outgoing and social, she wasn’t prepared for experiences like confronting obnoxious fans or irate coaches and asking them to leave the game. “I grew up in tiny Ada, Ohio, where everyone is really friendly and knows each other,” she says. “It’s different in a bigger city. But I learned very quickly how to be assertive.”

“Lindsay brought a positive spirit, good work ethic and an interest to learn from day one,” says Ballard.

“She encountered a number of first experiences, some more stressful than others, but getting through a scenario once, she was able to be more knowledgeable each time out.”

Throughout the internship, Simmons was mentored

by Ballard and other experienced sports marketing professionals. She even had the opportunity to meet Peter O’Malley — a well-known sports businessman, former owner of the Los Angeles Dodgers, and current owner of Historic Dodgertown. “I learned a lot from people who had been working in sports for years,” she says. “I learned a lot of things that cannot be learned in a book.”

The internship cemented Simmons’ desire to work in sports marketing after graduation. According to Ballard, many recent Dodgertown interns have ended up working in Minor League Baseball, in the NBA, for ticket-service providers and even at Dodgertown. Simmons feels confident the internship will give her an advantage in the field. “Leaving (the internship) at first was hard. I cannot put into words how much I enjoyed it. The internship had so much to offer me in terms of my future and the amount I learned. I look forward to watching Historic Dodgertown grow and be successful in the future.”

“It was an incredible experience, and it reinforced the fact that I picked the right field and will enjoy my career.”

–Rachel Stout

When you intern at a Big 4 accounting firm during the height of tax season, you find out if you have the mettle to make it as an accountant. For Rachel Stout — who worked for 10 weeks at the Toledo branch of PricewaterhouseCoopers (PwC) — the answer was a resounding yes. “I loved it — all of it,” she says. “It was an incredible experience, and it reinforced the fact that I picked the right field and will enjoy my career.”

At PwC, Stout worked in the assurance core practice. She undertook tasks like test of controls, analytics and tie-outs for clients like Marathon Petroleum and The Andersons.

She learned about the dynamics of a team and how to exercise professional skepticism when gathering, reviewing and analyzing client information.

According to Stout, the best aspect of her internship was the people. She experienced kindness, encouragement and excellent mentorship. Austin Price, BSBA ’13, MPPA ’13, assurance associate and recent ONU graduate, provided direct supervision. He took the time to not only explain each individual assignment, but also provide an overview of the entire workings of the office. “The people and the environment were always so positive, I can’t remember a day that I wasn’t eager to go into work,” says Stout.

Juggling the long hours required of her internship with her coursework proved challenging, says Stout. But her ONU professors were understanding and worked around her schedule. The entire experience taught her how to manage her time effectively. “I learned to plan ahead to get my schoolwork done,” she says. “And at work, I learned quickly that, in order to be efficient, I needed to pay close attention and take good notes on how to complete a task.”

PwC managers assessed Stout and provided her with feedback throughout her internship. Upon its completion, the company offered her a full-time associate position for fall 2016. “I was ecstatic to be given an offer to work at such an incredible firm,” says Stout. “It takes a lot of the pressure off my senior year to know I have a job waiting. I can’t wait to start.”

RACHEL STOUT MAJOR: Accounting HOMETOWN: Attica, Ohio WHY SHE CHOSE ONU: “I know a close family friend who attended ONU. I visited and immediately fell in love with the campus. I liked the idea of a small school with smaller classes where the faculty actually know you by name.”

WHY ACCOUNTING: “I chose accounting because I enjoy working with numbers and critical-thinking and problem-solving. I like being able to really understand what’s going on within a business.”

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DELVING

DEEP

INTO INVESTMENT STRATEGY

E

very good investor knows how to analyze the market. But most investors don’t realize how deep the analysis can go, or just how many different variables come into

play. Professor Dong Hyun Kim takes investment strategy to a higher level, exploring the complexities and nuances of the market.

The more time I spend researching, the more I realize that investors must look at the market in an analytical way to be a good investor.

There are many factors that impact the market, yet they’re not on the radar screen of most investors.

For example, share-ownership structure — the percentage of the company’s shares owned by individual investors vs. institutional investors — affects how much the share price drops on the ex-dividend day, which is the first day to lose the right to receive the most recently declared dividend. If you become aware of this fact as an investor, you can look into the company’s share-ownership structure before trading around the ex-dividend day.

In this research paper, my colleague and I investigated how interest-rate volatility affects corporate-bond yield spreads, which is the difference in yield between a corporate bond and a treasury bond. Let’s say you’re interested in how bond spreads are determined as interest-rate volatility has increased or decreased due to an unexpected macroeconomic event. No empirical work existed that tested the effect of interest-rate volatility on corporate-bond yield spreads.

We wanted to change that.

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RESEARCH PROCEDURE My colleague and I engaged in extensive research on this topic to set up our hypotheses. Then we collected data on corporatebond yield spreads, stock prices, interest-rate volatility and more. We used statistical software to conduct empirical analysis. A callable bond gives the issuing firm the right to redeem the bond before the maturity. The callable bond is very complicated in terms of how it is priced. This is probably why only a few researchers have investigated how callable-bond yield spreads are determined. My colleague and I had a difficult time nailing this one down, but in the end we accomplished it.

FINDINGS We found that as interest-rate volatility rises, so do corporatebond yield spreads. When interest-rate volatility rises, investors believe there’s a greater probability that their bonds will default. Then investors prefer government bonds to corporate bonds to a greater extent than before interest-rate volatility rises. This causes corporate-bond yield spreads to widen.

Our research will contribute to the literature on how bond spreads are determined.

The effect of interest rate volatility and equity volatility on corporate bond yield spreads: A comparison of noncallables and callables Journal of Corporate Finance Volume 26 (2014) Dong H. Kim and Duane Stock Volatility and yields

“

MY COLLEAGUE AND I HAD A DIFFICULT TIME NAILING THIS ONE DOWN, BUT IN THE END WE ACCOMPLISHED IT. –Dr. Dong Hyun Kim

“ DR. DONG HYUN KIM Assistant professor of finance Professor at ONU since 2011 BA in business administration from Seoul National University in Korea MS in economics from Oklahoma State University Ph.D. in finance from the University of Oklahoma

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Taking time to build

RELATIONSHIPS and

FRIENDSHIPS with your clients pays off in the end. –Professor Tammy Schakett

PROFESSOR TAMMY SCHAKETT Assistant professor of entrepreneurship Professor at ONU since 2010 BSBA from Northwood University MBA and Ph.D. in business administration from Touro University International

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BONDING

IS

GOOD BUSINESS I

s relationship marketing going out of style? In recent years, many companies in the serviceto-service industry have adopted a data-driven sales strategy. Professor Tammy Schakett’s

research on social bonding, however, reveals that friendship still makes good business sense.

RELATIONSHIP MARKETING

SUPREMACY OF SOCIAL BONDS

My husband and I owned a travel agency, and we witnessed many different sales approaches. When a major cruise line we worked with started taking an impersonal approach, we switched our business to a different line. Our new salesperson took the time to build and maintain a personal relationship with us, and our agency became a top producer for them. This experience made me eager to research the role of social bonding in a business setting.

Our research revealed that the stronger the social bond between the buyer and the seller, the stronger the loyalty, trust, satisfaction and perception of service quality was toward the selling organization.

This research looked at the travel agency market, but it could easily apply to many other business-to-business service industries, including pharmaceutical sales and independent insurance agencies.

Organizations have to ask themselves not only how much it will cost to develop and maintain marketing relationships with their customers, but also what the cost will be to not develop and maintain these relationships. What is the correlation between interpersonal relationships or social bonds and loyalty, trust, satisfaction and perception of service quality?

SURVEY SAYS My colleagues and I employed an online survey to collect data from travel agency owners/managers who represent the buying organization and decide which travel suppliers are used by agency employees.

We controlled for structural bonds (type of relationship, type of contact, frequency of contact) and economic bonds (financial incentives, supplier alternatives, expertise). We tested social bonding, which we defined as depth of personal attachment, willingness to seek personal advice, and outside business socializing that occurred between the buyer and seller.

Interpersonal relationships are everything when it comes to sales. Many companies today focus on sales numbers and data with a “get in and get out” approach. This is a short-sighted goal. Taking time to build relationships and friendships with your clients pays off in the end. Strong social bonds yield trust and loyalty. Clients also are more likely to overlook mistakes instead of switching allegiance to another company.

Effects of Social Bonding in B2B Relationships Journal of Relationship Marketing Volume 10 (2011) T. Schakett; A. Flaschner; T. Gao

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STEPPING E

UP

very business team needs a leader, and the team’s success often rests on the leader’s shoulders. Who will step up to lead? Is he or she up to the task? Professor Kristie McHugh

has investigated how leaders emerge in face-to-face and virtual teams. Her research reveals interesting insights into team dynamics and the role of technology.

TEAM FACTORS

LEADER DETERMINATION

Leadership is a major predictor of team performance in both face-to-face and virtual teams. My colleagues and I researched how leaders emerge in these two settings, and whether or not there are significant differences.

We discovered that cognitive ability (intelligence) is more important for determining a leader in a face-to-face context. Face-to-face communication offers a richer context because of body language, eye contact, nuances in speaking, etc. In this environment, team members are able to learn more about their fellow group members. This extra information shapes their perception about the intelligence of each group member. People attach leadership ability to those whom they perceive as intelligent, so those individuals are named as leaders.

We studied both types of teams to determine the factors — like intelligence, confidence and extraversion — that would impact who would step forward as a leader. We expected to discover different factors for each type of team, because face-to-face and virtual teams do not operate or communicate in the same way.

REAL-WORLD AND SIMULATED TEAMS After developing our hypotheses, we created a computer simulation using agent-based modeling. We wrote a computer program that generated agents (individuals on the team) and simulated how they interact with each other and their environment. By writing simple rules of behavior using mathematical equations, we could model the complex behavior of individuals. Simulation, which I learned as a bioengineering undergraduate, is a relatively new technique in the management field.

We used the results from the simulation to inform our next step, which was conducting experiments with student teams. This allowed us to test our hypotheses in multiple environments.

We received similar results with the simulated teams and the student teams, which gave our results validity.

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Extraversion also comes into play in the face-to-face environment.

People who exhibit high levels of group participation, who speak up and who quickly make friends are likely to find themselves designated as a leader.

Self-efficacy (believing you can complete a task) is more important for determining a leader in the virtual setting. Because it is an environment characterized by ambiguity, individuals who feel confident that they can complete a task are more likely to step forward and take charge.

Surprisingly, we discovered that face-to-face and virtual teams are more similar than they are different. We hypothesized that comfort with technology would be a factor in a virtual setting, but it didn’t make a difference in determining the leader in either context.

Managers who have the responsibility to assemble teams and decide how those teams will work together could benefit from this research.

They may want to change how a team interacts based on the type of leader needed to accomplish the assigned task.

Leadership emergence in face-to-face and virtual teams: A multi-level model with agent-based simulations, quasi-experimental and experimental tests The Leadership Quarterly Volume 26, 2015 Andra Serban; Francis J. Yammarino; Shelley D. Dionne; Surinder S. Kahai; Chanyu Hao; Kristie McHugh; Kristin Lee Sotak; Alexander B.R. Mushore; Tamara L. Friedrich; David R. Peterson

TO LEAD Surprisingly, we discovered that face-to-face and virtual teams are more

SIMILAR than they are

DIFFERENT. –Dr. Kristie McHugh

DR. KRISTIE MCHUGH Assistant professor of management Professor at ONU since 2014 BS in bioengineering MBA in leadership studies and Ph.D. in organizational behavior from State University of New York Binghampton

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TAMING THE ACCOUNTING BEAST

WITH MUSIC I DISCOVERED THAT PEOPLE REMEMBER THINGS THAT

ENTERTAIN, MOTIVATE AND, MOST IMPORTANTLY,

FOCUS THEM. –Professor Matthew Phillips

PROFESSOR MATTHEW PHILLIPS, CPA, CGMA Assistant professor of accounting Professor at ONU since 2011 BBA in accounting from the University of Cincinnati MBA in finance and economics from Pennsylvania State University 28-year career in auditing and accounting Former VP of finance and chief audit executive at Barnes Group Inc., providing oversight for international finance and accounting teams that managed more than a billion dollars in assets

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W

ho looks forward to studying a subject that’s boring and difficult?

Not many people. Most college students walk into their first accounting

course like they’re walking to the gallows. Imagine you’re the instructor. How do you change perception and generate enthusiasm? Professor Matt Phillips has researched a tuneful way to do it.

NEGATIVE PARADIGM

SURVEY SAYS

Accounting is the language of business. It’s critical to success in the business world. However, many students have anxiety about the topic or a negative paradigm or both.

Trying to find new, better ways to teach this topic was my goal.

My colleague, Jacob Crowley, and I conducted extensive research on music in the learning environment and accounting stereotypes. We confirmed that many students have negative accounting stereotypes and anxiety about the topic. Popular culture perpetrates these stereotypes with characters like the dorky auditors in the television show “Parks and Recreation” and the “very, very, very, very unhappy” accountant on Broadway in The Producers.

I spent more than 25 years working in accounting and finance leadership positions. Many of my non-financial colleagues viewed accounting as dull, tedious and, sometimes, distressing.

As a CAE speaking annually to 100 worldwide leaders about accounting and auditing, I often played music to cultivate interest in a topic. And it worked. Instead of checking emails or skipping my presentation altogether, coworkers would be curious about how The Rolling Stones connected with Sarbanes-Oxley. I discovered that people remember things that entertain, motivate and, most importantly, focus them.

When I came to ONU's Dicke College of Business Administration more than four years ago, I brought this concept to my accounting classroom. Bringing a song into an accounting lecture provided a way to break stereotypes and ease apprehension. Students began to open their minds to a topic and, indeed, a career that they had once viewed as boring. My co-author was one such student. He is now a successful accounting major with an accepted offer from Deloitte, the world’s largest accounting firm.

Even more concerning was what abundant research states: Students who harbor negative perceptions about accounting and the profession may not want to choose it for their career. Given the huge worldwide demand for accounting professionals, we concluded that accounting professors must change their approach.

We employed two survey tools to supplement our research.

We first used a pre-post music survey to determine if student recall of certain topics improved when connected to a song.

In addition, we sent a qualitative survey to almost 300 of my former accounting students who had been exposed to my teaching strategy. The results overwhelming supported the idea that music creates a better learning environment.

INNOVATIVE TEACHING STRATEGY As the saying goes, music soothes the savage beast. For many, the savage beast is accounting. Music incorporated into the accounting classroom does work. Our research revealed that it helps to reduce anxiety, change negative stereotypes associated with accounting and improve recall of concepts.

Our research is intended for accounting professors teaching the first course in accounting. However, the idea of infusing music with lectures could be applied to any topic that is traditionally viewed as boring.

Teaching Accounting: Setting the right tone with a tune Submitted for publication: August 2015 Authors: Professor Matthew A. Phillips, Jacob T. Crowley, senior accounting major from Wadsworth, Ohio

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FIRST-YEAR

FEARS I

in the College of Business Administration

t’s a big leap from high school to college. Going away to college essentially signals the end of childhood and the beginning of adulthood.

Students leave behind the familiarity of home for the unknown, becoming independent and responsible for the first time in their lives.

Almost every college freshman arrives on campus with mixed emotions.

Nervousness mingled with excitement. Eagerness mixed with apprehension.

At the Dicke College of Business Administration, we get to know each and every first-year student. We channel fears into positive outcomes.

We uncover potential and help students find success in college and beyond.

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Meet four ONU sophomores in the Dicke College of Business Administration.

They reflect back on their first-year experiences and the ways they’ve grown over the past year.

TIM MONROE

MIRANDA BUSCHUR

HOMETOWN: Brunswick, Ohio

MAJOR: marketing and accounting double major

MAJOR: accounting BIGGEST FIRST-YEAR FEAR: Handling the workload MOST LOOKED FORWARD TO: Playing golf and making new friends WHAT WERE THE BIGGEST CHALLENGES YOU FACED TRANSITIONING FROM HIGH SCHOOL TO COLLEGE? “The workload in college was a big adjustment. In high school, I could get good grades without much homework or studying. I found out that this didn’t fly in college.

It wasn’t out of the ordinary for me to stay up past 2 a.m. doing homework or cramming for an exam.

HOW DID ONU HELP YOU TRANSITION? “The professors at ONU are second to none. Because the class sizes are small, you get to know them very well, and they get to know you. If you show you are willing to put in the work, they will bend over backwards to help you succeed. Also, Dean Fenton met with each freshman student individually to find out how we were doing.

This was a big deal for me because it showed he cared and wanted to get to know us on a personal level.”

HOW DID YOU BECOME INVOLVED ON CAMPUS? “It was incredibly easy to get involved in activities on campus. I joined the golf team, and this year I plan to get involved in more clubs.”

HOW DID YOU CHANGE OVER THE COURSE OF THE YEAR? “The person who started college last year was a kid who didn’t know what to expect when he arrived on campus.

The person who left in the spring was a young man who knew how to live on his own, succeed in class and make friends.”

HOMETOWN: St. Henry, Ohio

BIGGEST FIRST-YEAR FEAR: Fitting in MOST LOOKED FORWARD TO: Being challenged in class WHAT WERE THE BIGGEST CHALLENGES YOU FACED TRANSITIONING FROM HIGH SCHOOL TO COLLEGE? “Doing my own laundry and other things I never thought about that my mom always took care of for me. It also was difficult not being able to see my family every day. I come from a big and close-knit family.”

HOW DID ONU HELP YOU TRANSITION? “My professors were fantastic. They helped me to find a path that would be best for me in terms of academics and extracurriculars. They also helped me find an internship. I don’t think I could thank them enough for their help. Also, one of my good friends on campus invited me to check out the Fellowship of Christian Athletes. I attended one meeting, and I loved it.”

HOW DID YOU BECOME INVOLVED ON CAMPUS? “Welcome Fest made it extremely easy to get involved.

I joined the American Marketing Association and Northern Ski and Board.”

HOW DID YOU CHANGE OVER THE COURSE OF THE YEAR? “I found out a lot about myself, including my weaknesses and my strengths. I grew in confidence and discovered which direction I wanted to take my career eventually.

I realized that the family and friends I have are priceless. I became grateful for what I have.”

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EMILY PFOFF HOMETOWN: Harrod, Ohio MAJOR: management BIGGEST FIRST-YEAR FEARS: Finding classes, making friends, passing Statistics MOST LOOKED FORWARD TO: New experiences and new people WHAT WERE THE BIGGEST CHALLENGES YOU FACED TRANSITIONING FROM HIGH SCHOOL TO COLLEGE? “Adjusting to the homework and the study load proved to be the most difficult for me by far. In college, it’s all on you because no one is making you go to class every day. I became more serious.”

HOW DID ONU HELP YOU TRANSITION? “A couple of my classes had me stressed out, but then I learned about the Writing Center and the Math Center on campus, and everything got better instantly. The tutors really helped me, and they built my confidence. I also received support from seniors who counseled me on what to expect during finals and shared tips on how to transition from

high school to college. Finally, my business college advisor helped me every time I had a question or was experiencing a typical freshman problem. I could email him or talk with him about anything, and he gave me great advice.”

HOW DID YOU BECOME INVOLVED ON CAMPUS? “I commuted to campus my freshman year, so I didn’t have a chance to get as involved as I would have liked. Today, I serve on the Dean’s Advisory Council, and I plan to join a sorority.”

HOW DID YOU CHANGE OVER THE COURSE OF THE YEAR? “The person who started college last year was scared, nervous and stressed out. I was afraid to meet new people and get involved. But by spring, I had applied for on-campus housing, had made a lot of great friends and had decided to join a sorority. College made me more responsible in every way possible.

I learned to do things on my own and manage my time wisely. I became more of an adult.”

CHRIS GARBIG HOMETOWN: Wilder, Ky.

WHAT WERE THE BIGGEST CHALLENGES YOU FACED TRANSITIONING FROM HIGH SCHOOL TO COLLEGE? “Time management was the biggest challenge.

In college, I had to find a way to fit in everything.

There was very little time to waste.”

HOW DID YOU BECOME INVOLVED ON CAMPUS? “It was very easy to get involved. There were almost too many extracurriculars to choose from! I got involved with Polar Merchandise, a nonprofit, student-run business in the business college. I also play men’s soccer.”

HOW DID ONU HELP YOU TRANSITION? “The mentoring program offered by the business college provided real help. The juniors and seniors gave me useful advice that helped ease my transition. All of my professors wanted to see me succeed. They were so helpful.”

HOW DID YOU CHANGE OVER THE COURSE OF THE YEAR? “I’ve become more responsible. In college, you have to start acting like a professional in the way you communicate with professors, manage your time, and more. I’m basically still the same person, just a little bit smarter, more mature and wiser.”

MAJOR: undecided BIGGEST FIRST-YEAR FEARS: Fitting in and balancing academics with athletics MOST LOOKED FORWARD TO: Living on my own

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CHECK OUT A FEW OF THE MANY WAYS WE SUPPORT FIRST-YEAR STUDENTS: WELCOME FEST

DEAN MEETING

This “trade show” type of event features booths with more than 150 student organizations, local businesses and University offices. It also includes fun games, food, ice cream and free giveaways. It’s a great way for freshmen to meet new people and get acquainted with all the groups on campus.

The business college dean invites freshmen to meet with him in the fall semester. The students get the chance to offer feedback on their college experience, and the dean gets the chance to offer encouragement. These meetings show first-year students that ONU is focused on their success.

ACE DAY New students learn early on that they can contribute. Ada Civic Engagement (ACE) Day connects freshmen with their new home through an afternoon of volunteering. Students pull weeds and plant flowers, clean out garages, wash fire trucks, distribute food at the food pantry and more. ACE Day leaves Ada a better place, and it leaves first-year students with a newfound sense of community.

ACADEMIC ADVISOR Every freshman is assigned a faculty member as an academic advisor who sticks with them throughout their four years on campus. Advisors do more than help with scheduling; they form a close bond with their advisees. They help students figure out career direction, they recommend opportunities and internships, and they monitor academic progress.

They’re also readily available to lend advice when the need arises.

MENTORSHIP PROGRAM The business college pairs first-year students with experienced juniors or seniors who show their mentees around campus, take them to lunch, introduce them to new people and suggest ways they can get involved. Most importantly, they offer advice on everything from roommates to exams, time management to homesickness.

FIRST-YEAR TRANSITION COURSES Two first-year transition courses, Free Enterprise for Business Planning in the fall and Ethics for Business Planning in the spring, help position freshman students for success in the Dicke College of Business Administration. Free Enterprise for Business Planning is an integrative survey course designed to introduce new students to the free enterprise system via a business-planning model.

It includes an overview of key functions of business, including accounting, finance, management, marketing, operations and human resources. Ethics for Business Planning involves a systematic examination (including a criticalthinking framework for analysis and discussion) of the alternative ethical decision-making approaches necessary for business planning.

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CHRISTY BEASCHLER

Assistant Professor of Accounting Christy (Wagner) Beaschler, BSBA ’87, H of F ’02, brings a wealth of experience in governmental accounting to Ohio Northern, having spent nearly 20 years as the district treasurer/CFO for the Ada Exempted Village School District. Prior to her service to the Ada Schools, she served as chief accountant at ONU and as assistant controller for Continental Cablevision of Ohio.

Her accounting career started at Arthur Andersen & Co. in Chicago as a staff accountant. Beaschler has held her CPA license (inactive) since 1989. Beaschler received her undergraduate degree from Ohio Northern University and her Master of Business Administration from Ashland University.

JINJING WANG

Assistant Professor of Risk Management and Insurance Dr. Jinjing Wang most recently earned her Ph.D. in risk management and insurance from Georgia State University.

She received her master’s degree in economics from North Carolina State University. Before that, she worked as an intern at American International Assurance Groups Limited (Beijing, China).

Her research interests include catastrophe risk transfer, insurance pricing, aggregate risk and insurer solvency regulation. She is a member of the Risk Theory Society (RTS) and American Risk and Insurance Association (ARIA).

JIMMY WILSON

Assistant Professor of Management and Geographic Information Systems Dr. Jimmy Wilson has diverse work experience in private, government and education sectors, including specializations in geographic information systems (GIS), disaster science, cultural resource management and archaeology. He worked at the Louisiana Department of Transportation and Development as a cartographer and GIS specialist while pursuing his Ph.D. in geography from Louisiana State University, which he earned in 2007. He has taught at ONU since 2007 and recently transferred to the College of Business Administration to teach information systems and GIS for business courses.

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NEW BUSINESS FACULTY 2015-16 CIGDEM GONUL KOCHAN

Assistant Professor of Operations Research and Supply Chain Management Before joining ONU, Dr. Cigdem Gonul Kochan studied and worked as a research assistant at University of North Texas, where she earned her Ph.D. As a part of her research assistantship, she worked on a lifecycle affordability project at Greyhound Lines Inc. Prior to joining the Ph.D. program, she worked in the manufacturing industry for four years. She is a certified SAP ERP solution architect, and her research interests include supply-chain resilience, cloud-based supply chain management, health care supply chains and inventory optimization. Kochan is a member of the Council of Supply Chain Management (CSCMP), Decision Sciences Institute (DSI), and the Institute for Operations Research and the Management Sciences (INFORMS). Kochan earned a Bachelor of Science in business administration from Karadeniz Technical University in Turkey and a Master of Science in information technology management from the University of Texas at Dallas.

JAUME FRANQUESA

Assistant Professor of Management Dr. Jaume Franquesa has served on the faculty at Western Michigan University and Kent State University and has been a visiting professor at John Carroll University and Pepperdine University. He also was the director of full-time and professional MBA programs at Kent State. Franquesa’s teaching specialties are strategy and international management, and he has taught courses in these topics at the undergraduate, MBA, executive MBA, and Ph.D. levels as well as in corporate training engagements. His research centers on issues related to strategy implementation in multi-business firms as well as on entrepreneurship and small business management. He is a frequent presenter at national and international conferences, and his published work has appeared in book chapters, proceedings and journal articles. Franquesa holds a bachelor’s degree in economics and a master’s degree in business administration from Universitat Autònoma de Barcelona and a Ph.D. in strategic management from Purdue University.

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EVOLUTION OF A

FAMILY BUSINESS F

or more than 70 years, Wood-Mode Inc. has provided customers with top-quality custom cabinets for kitchens, bathrooms and more. The family-owned business has weathered ownership changes, oil crises, overseas competition and recessions to remain the largest custom cabinet manufacturer in the United States.

On Thursday, Oct. 16, 2014, Robert Gronlund, BA ’64, Hon. D. ’09, shared his company’s success story with a standing-room-only crowd in the Dicke Forum.

His presentation was part of the Carroll Lovett Distinguished Lecture Series.

Wood-Mode Inc. — originally known as Wood-Metal Corporation — was founded in 1942 by Gronlund’s father and three business partners who recognized the need for wooden cabinets due the scarcity of metal during World War II. Company ownership changed hands over the years as the original owners sold their interests or died. Gronlund’s own father passed away in 1966, and, in 1974, Gronlund took the helm as the company’s president and CEO. Today, he and his wife and children are the sole owners of the company’s shares.

Located in rural Pennsylvania, Wood-Mode Inc. is an integrated manufacturing facility located on 23 acres.

The company’s product is sold by 17 commissioned independent sales reps and 800 independent retail dealers. Each day, skilled woodworkers produce around 800 customized cabinets. Wood-Mode employs approximately 1,000 individuals and realizes around $140 million in sales each year. “If there is one thing that keeps me up at night, it’s the impact my company has on the local economy,” said Gronlund. “It makes you take stock and continually ask yourself if you are leading the company in the right direction.”

Gronlund recounted the company’s many challenges over the years, which included the oil crises in the 1970s, a threat from European competitors in the 1980s and, most recently, the Great Recession. According to Gronlund, Wood-Mode’s sales dropped by 30 to 50 percent in the midst of the recession, forcing him to drastically reduce his workforce and other costs. “This last recession really hit hard,” he said.

However, Gronlund believes the future looks bright.

“Existing home prices are on the rise, mortgage rates are reasonable, and consumer confidence is on the rise,” he explained. “These are the factors I look at for vpositive growth.”

Gronlund attended ONU in the 1960s. He was born and raised in Brooklyn, N.Y., so coming to Ada, Ohio, was a huge culture shock, he said. But he expressed gratitude for the academic and social experiences he had ONU that set him up for future success in business.

Gronlund serves as the president of the Board of Directors of the Kitchen Cabinet Manufacturers Association. He also serves on the Evangelical Community Hospital Board of Directors (since 1986), the SUN Home Health Board of Directors (since 1985), the Capital Blue Cross Board of Directors (since 1987), and the Susquehanna University Board of Trustees (since 2004). From 1998-2005, Gronlund was a member of the Philadelphia Federal Reserve Business Council.

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Jim Fenton and Paul Carbetta II

THE OUTSTANDING SERVICE AWARD E

ach year at Homecoming, the College of Business Administration gives out its Outstanding Service Award, which honors individuals who have provided sustained and outstanding service to, and whose contributions have positively impacted, the college and University.

In October 2014, the college honored Larry Boord, BSBA ’71, JD ’75, who graduated from ONU in 1972 with a Bachelor of Science in business administration and then in 1975 from ONU’s Pettit College of Law. Boord, who is a member of the ONU Board of Trustees, has more than 38 years of experience in financial consulting on estate planning, business succession and retirement plans. He currently is an independent consultant and firm principal at Boord and Associates.

Boord is a licensed life and health insurance agent. He is a resident licensee in Ohio and a nonresident licensee in other states, including Pennsylvania, Michigan, California and New York. Boord is a field representative with the The Guardian Life Insurance Company of America, New York, N.Y. Boord and Associates has contractual agreements with numerous other insurance companies.

And then in October 2015, the college honored Paul Carbetta II, BSBA ’90. Carbetta is president of Comprehensive Wealth Partners, a financial advisory practice with Ameriprise Financial Services, based in Worthington, Ohio.

Carbetta is highly involved with ONU and his community. He is a past chair of the College of Business Administration Advisory Board and chair of the college’s annual Scholarship Golf Outing. He is a member of the Henry Solomon Lehr Society and helped teach Ohio Northern’s Dine for Success program from 1992-2001.

Carbetta also has donated and volunteered in the Friendly House and Hidden Hollow Camp in Mansfield, Ohio, which provides scholarships for inner-city youth to go to camp. He has donated to the Capital Area Human Society, volunteered at the Mid-Ohio Food Bank, and supported the Wounded Warrior Project and Warriors to Work.

Since 2011, Carbetta has received the Chairman’s Advisory Council Award, which represents the top 90 Ameriprise Financial franchisees out of 7,500. Since 2011, Carbetta has been awarded and invited to be in Barron’s Winners Circle for Top Independent Advisors by Barron’s Magazine. He was recognized by Fidelity as part of its advisory council in 2011; this is awarded for support and relationship with clients and investment products.

In 2013, Carbetta was recognized by Columbus Monthly Magazine as a Five Star Wealth Manager.

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BUSINESS STUDENTS O

hio Northern University’s generous business alumni and friends give back to the University each year in many ways. Foremost among them is the endowed scholarship program, which awards deserving students with financial assistance they need to attend ONU. In an average year, more than 90 percent of College of Business Administration students rely on muchneeded scholarships funded from alumni donors and other sources.

These scholarships truly make a difference in the recipients’ lives. For some, an endowed scholarship is the sole reason they are able to pursue higher education. It’s how they afford textbooks and other academic necessities. It’s why they get to call themselves Polar Bears.

The significance of these contributions is not lost on the students who benefit from them. It is an Ohio Northern tradition for endowed scholarship recipients to take time to reflect on the importance of their scholarships and to say “thank you” to those responsible through hand-written notes. These personal thank-you notes give the students the opportunities to share a little about themselves with their donors to create genuine connections.

“We want to give students the chance to connect with the donors directly,” says Kelly Anderson, ONU’s director of annual giving. “They’re the ones who are receiving this benefit. They’re the ones who are impacted. It’s one thing for me to say ‘thank you’ for a gift on behalf of the University, but it’s another thing for a donor to know that their contribution is appreciated by the person whom it’s helping.”

LEAVE A LEGACY OF YOUR OWN Become part of the lasting legacy of the Dicke College of Business Administration at Ohio Northern University by establishing an endowed fund. Once these funds are fully invested, their interest earnings can be used to provide a permanent source of funding for scholarship assistance, programmatic support, research and other important areas at the college and University.

Funds can be established and named for the founding donor, family, organization, foundation or corporation. A fund also can honor a loved one or a favorite faculty or staff member. For example, Elizabeth (Bowden) Welter, BSBA ’72, started the Robert Bowden Scholarship Fund in honor of her father, Robert Bowden, BSEd ’50, a beloved faculty member who served ONU for more than 25 years. The uses of the fund are noted accordingly based on the gift interests and intentions of the donor. A memorandum of understanding can be created between the founding donor(s) and the University’s president to provide guidance in the distribution of financial assistance from the fund.

An endowed fund can be established through a pledge or gift of $25,000 or more over a five-year period. An endowed fund also can be established by a bequest through a will provision or other type of planned gift. Contributions may be made annually, semi-annually, quarterly or monthly. Until the fund is fully endowed, investment earnings are fully reinvested to increase the principal balance. Once the fund is endowed, the increasing value of the fund over time provides for awards without depleting the principal balance.

For more information, contact Dacy Wilcox, director of development for the College of Business Administration, at 419-772-4022 or d-wilcox.1@onu.edu. Alternately, you can return the reply envelope (found in this magazine) indicating that you would like more information regarding endowed funds.

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GIVE

THANKS

MS. HERSHBERGER Thank you so much for the scholarship. I really appreciate your generosity and assistance in easing my financial burden.

I am now in my junior year of studying accounting and have had the opportunity to join many groups, such as IMA, BAP, Student Investment Group, Ada Friends and the Mentorship Program. I am the VP of VITA for BAP and will likely serve as a site coordinator as well this tax season for internship credit. Once I graduate and begin my career, I really hope to be able to pay it forward like you did with me because I know how hard it can be to secure sufficient financial aid. This year, in particular, I have had extra difficulties because of a single overlooked event, and I am still in the process of sorting it out even now in week five, which makes your help even more appreciated. I really enjoyed getting to meet you in person when you came here to speak!

Thank you again, so very much.

MR. AND MRS. JEFFREY A. HAWK I have received an amazing experience from Ohio Northern.

I am a senior accounting student, and I plan on graduating in December. I am currently involved in Beta Alpha Psi, which is an honorary accounting group. After graduation, I plan on trying to acquire a job in either auditing or accounting, hopefully in a big accounting firm. It was such an honor to be chosen for this scholarship. Thank you for the scholarship; it is a huge help for my financial burden. I hope one day to help a student in financial need like you have done for me.

Once again, thank you; it is much appreciated!

Sincerely, Matthew Joppeck

MR. AND MRS. TRELL H. YOCUM Thank you for the Arthur and Marian Rudd-Scholarship.

Words cannot describe how appreciative I am to have received this scholarship. This scholarship has provided me with the opportunity to attend Ohio Northern. I appreciate very much the opportunity to study accounting. I have had a great experience at ONU by being involved with Beta Alpha Psi, the Institute of Management Accountants and the Mentorship Program. It means a great deal to me and my family to attend ONU, and this scholarship made that possible. Receiving this scholarship will help reduce my financial burdens. Once again, thank you very much.

Brandon DeVault Best Regards, Courtney Horstman

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THE COUPLE THAT TEACHES

26

TOGETHER…

…

T

hey were the business college’s original management power couple.

And Michele and Paul Govekar have gone way above and beyond their call of duty at Ohio Northern. But they’re not done yet. Even though they are both now retired from the College of Business Administration, they have started an endowed scholarship for future business students: The Michele and Paul Govekar Award in Management.

As both of the Govekars were management professors, the scholarship rightfully goes to a freshman management student who shows potential in academics.

The student is chosen at the discretion of the dean of the college. Bre Walker, a freshman management major from Rocky Mount, Va., is the first student to receive this scholarship. In November, the Govekars met Walker for the first time during a campus-wide scholarship banquet.

Such a scholarship got started during the Govekars’ last year on campus; it began when Jim Fenton, dean of the College of Business Administration, helped the Govekars decide where to channel their philanthropy. With Fenton’s help, the Govekars were able to make great strides in developing their scholarship.

The faculty in the business college were also, to say the least, extremely helpful in this endeavor.

While on campus, the Govekars were very active members of the University community. Both sat on multiple boards and committees. Both were known for their excellent work with students.

Both were more than willing to donate their time.

Paul finished up his time at Ohio Northern in spring 2015. He was set to retire the year before (2014), but the University asked him to come back for another year. Paul did not hesitate to help out the college and teach for one more year. Michele retired at the end of summer 2015.

Prior to their time at Ohio Northern, Paul served in the United States Army for 25 years, moving his family from place to place while his wife, Michele, “followed him around” across the U.S. and Germany, according to Paul. This meant that Michele had to be very flexible in terms of employment and careers. Along the way, she gained a wide variety of experiences with a great number of job titles, including real estate agent, social services director, substitute teacher, community theatre producer and thrift store manager. After Paul retired from the Army in 1992, he decided it was to time switch places.

“I told my wife that because she had followed me around the world for 25 years, I would follow her for the next 25,” he says.

Paul did just that. Michele pursued her master’s degree in finance and then her doctorate in strategy. Through this, she was given the opportunity to fill in for a professor on leave and discovered her love for teaching, especially at the college level. She eventually accepted a position at Ohio Northern in 1997.

Following his wife and keeping his word, Paul came to Ohio Northern as well. He taught at Northern in the College of Business Administration as an adjunct until 2004 when a position as an assistant professor of management became available. Paul and Michele have worked together ever since.

Beyond the romance of “following” each other around and their mutual journey to Ohio Northern, Paul and Michele’s humility speaks volumes.

Per their request, not one word of their scholarship was mentioned to anyone on campus until both of them had respectfully retired, all the more reason this scholarship is so special.

With Fenton’s continued help and support in managing and overseeing the scholarship, the Govekars can continue to leave their legacy at Ohio Northern for many, many years to come.

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CATCHING UP WITH ROGER YOUNG R

oger Young redefined the stereotype of the “boring accountant.” He has been active in the Ohio Northern community for more than 40 years. This past spring, he received an honorary degree from ONU. He taught two of his children at ONU as well as a grandchild. Two other grandchildren are current students, and another starts next fall.

To this day, Young comes to campus every week to help tutor, mentor or answer any questions the students in the college may have, primarily those in accounting.

To honor everything Young has given to Ohio Northern, we announced the Roger D. Young Endowed Professorship in Accounting two years ago. This goal of this fund is to assist us in attracting an accounting professional — a teacher-scholar — who will continue Young’s legacy of teaching and developing young men and women who aspire to join the accounting profession.

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In less than two years, more than $700,000 has been raised; we are almost halfway to our goal of $1.5 million.

“There is nothing more important in my academic life than your success in this class,” wrote Young at the top of every course syllabus he’s ever given out.

Please help us ensure the truth of this statement by making a gift in support of the Roger D. Young Endowed Professorship in Accounting. For more information, contact Dacy Wilcox, director of development for the College of Business Administration, at 419-772-4022 or d-wilcox.1@onu.edu.

2015 SPECIAL RECOGNITION IN ENTREPRENEURSHIP EDUCATION INNOVATION AWARD

I

n January 2015, Ohio Northern University received the 2015 Special Recognition in Entrepreneurship Education Innovation Award as part of United States Association for Small Business and Entrepreneurship (USASBE) Excellence in Entrepreneurship Education Innovation Awards at the USASBE National Conference in Tampa, Fla. Each year, the award is given to up to three individuals or their respective institutions for innovation in entrepreneurship education at one or a combination of these levels: teaching, scholarship and outreach.

“We were recognized for all three levels,” says Tammy Schakett, ONU’s assistant professor of entrepreneurship who attended the conference and nominated ONU. “These innovations in entrepreneurship are assessed in terms of creativity, quality and impact. These are peer awards in that candidates for the awards present to an audience of their peers at the annual conference and are awarded this honor based on a vote by the audience.”

The Excellence in Entrepreneurship Education Awards were established by USASBE to recognize excellence in entrepreneurship education at the programmatic level. Each is awarded on a competitive basis, with only one institution winning in each category in a given year.

USASBE is the largest independent, professional, academic organization in the world dedicated to advancing the discipline of entrepreneurship.

With more than 1,000 members from universities and colleges, for-profit businesses, nonprofit organizations and the public sector, USASBE is a diverse mix of professionals that share a common commitment to fostering entrepreneurial attitudes and behaviors.

BETA ALPHA PSI INDUCTS HONORARY MEMBERS

O

ver the past 14 months, the Mu Delta chapter of Beta Alpha Psi, the honorary organization for financial information students and professionals, has initiated three distinguished alumni of the College of Business Administration as honorary members during induction ceremonies held on ONU’s campus.

In September 2014, the group initiated Anmarie Kolinski, BSBA ’94. Kolinski serves on the Dicke College of Business Administration Dean’s Advisory Board and has served as host for the college’s executive classroom for students in Chicago.

She is the executive vice president and chief financial officer of Harbor Capital Advisors Inc. in Chicago.

In January 2015, the Mu Delta chapter inducted Jared Walsh, BSBA ’00. As a partner at Sielschott, Walsh, Keifer & Regula CPAs in Lima, Ohio, Walsh has hired, trained and served as a role model to many interns and full-time employees from Ohio Northern. In addition to his work, Walsh is a member of the Dicke College of Business Administration Advisory Board and the Lehr Society.

The newest honorary member is Michael Kaufmann, BSBA ’85, who was inducted in September 2015. Kaufmann is the chief financial officer for Cardinal Health in Dublin, Ohio. As CFO, Kaufmann is responsible for all the company’s financial activities, including external reporting, investor relations, tax strategy/planning and capital deployment. Kaufmann is a member of the ONU Board of Trustees and a lifetime member of the Lehr Society.

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LET’S GET DOWN TO

BUSINESS. Graduates from ONU’s Dicke College of Business Administration are prepared ethical, entrepreneurial and engaged business leaders. Ranked No. 1 in Ohio for teaching quality

by Bloomberg Businessweek, our graduates are primed to become successful business and community leaders in a changing world. They’re ready to connect with you.

WHY HIRE

ONU?

YOU CAN EXPECT EXCEPTIONAL RESULTS. Teaching business is our business. ONU’s education has prepared graduates with leadership and strategic business planning skills to be successful in any business environment. After six months of graduation, 95 percent or more of our students are hired by top employers in business and industry, the not-for-profit community and government or are accepted into prestigious graduate programs.

YOU CAN COUNT ON US. Graduates have real world, on-the-job practical experience, a solid ethical foundation, and a track record of demonstrated problem-solving, communication and collaboration skills that set them apart from the rest.

WITNESS THE “WOW FACTOR.” We can assure you that our graduates are primed and eager to enter the business community with a strong foundation in both theory and practice. Our industry focused director of experiential learning, Dr. Matt Lambdin, will connect you with the right students who are ready to get down to business.

Looking to hire ONU students? We are committed to helping you find your next colleague. Contact Dr. Matt Lambdin at m-lambdin@onu.edu to connect with our prepared and ambitious graduates.

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THE JAMES F. DICKE COLLEGE OF BUSINESS ADMINISTRATION 2015-16 ADVISORY BOARD MEMBERS GEORGE ATKINSON BSBA ’72 Senior VP and Managing Director TriVista Business Group 1208 Archer Dr. Troy, OH 45373

DAVID HAUSHALTER BSBA ’92 Vice President of Sales Robinson Fin Machines Inc. 13670 US Highway 68 Kenton, OH 43326

LAWRENCE C. BARRETT, CLU, CHFC BSBA ’71 President Independent Pharmacy Consulting Group LLC/Sagemark Consulting 28601 Chagrin Blvd., Suite 300 Cleveland, OH 44122

JULIE KASPER BSBA ’84 Chief Financial Officer Hull & Associates Inc. 6397 Emerald Parkway Suite 200 Dublin, OH 43016

SCOTT BODIE BSBA ’74 President Bodie Electric Inc. 1109 N. Main St. Fostoria, OH 44830

ANMARIE S. KOLINSKI BSBA ’94 Executive Vice President and Chief Financial Officer Harbor Capital Advisors Inc. 111 S. Wacker Dr., Suite 3400 Chicago, IL 60606

SHAWN A. BOGENRIEF BSBA ’82 Area President Arthur J. Gallagher & Co. 5925 Wilcox Place, Suite D Dublin, OH 43016 PAUL CARBETTA II BSBA ’90 CEO/Private Wealth Advisor Comprehensive Wealth Partners/ Ameriprise Financial 150 E. Wilson Bridge Road, Suite 100 Worthington, OH 43085 PHILLIP CARIS BSBA ’82 Consultant PCLM Consulting Services 12533 Township Road 109 Findlay, OH 45840 DARREN HART BSBA ’99 Vice President of Finance Fossil Group Inc. 901 S. Central Expressway Richardson, TX 75080

ROB LYDIC BS ’97 Global Vice President of Sales ISONAS 4750 Walnut Street, Suite 110 Boulder, CO 80301 DR. JOY MADDOX BSBA ’84 Skadden, Arps, Slate et al.

1440 New York Ave. NW Washington DC 20005 JAY MOLTER BSBA ’81 Senior Vice President, Marketing and Sales Glasstech Inc. Ampoint Industrial Park 995 Fourth St. Perrysburg, OH 43551

DEANN NEWMAN BSBA ’83 Partner Deloitte Tax LLP 200 Renaissance Center Suite 3900 Detroit, MI 48243 BRIAN D. SMITH BSBA ’87 Executive Vice President Operations Mercy Health 2749 Fort Amanda Road Lima, OH 45806 SHERI L. STOLTENBERG BA ’81 President & CEO Stoltenberg Consulting Inc. 5815 Library Road Bethel Park, PA 15102 DENNIS STRIPE BSBA ’79 56 Ackerman Drive Mahwah, NJ 07430 JARED WALSH BSBA ’00 Partner Sielschott, Walsh, Keifer & Regula Inc. Certified Public Accountants 711 Dean Ave. Lima, OH 45804 MARK WHITE BSBA ’85 President Vancrest 120 W. Main St., Suite 200 Van Wert, OH 45891

ROBERT MONARD BSBA ’97 Controller Hylant Group Inc. 811 Madison Ave. Toledo, OH 43604

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525 South Main Street Ada, Ohio 45810

SAVE

MARCH 11, 2016 Pinnacle Awards

MARCH 23, 2016 Lovett Lecture

DATE

JULY 10-11, 2016

Annual Golf Event Catawba Island Club