10 minute read
Polling the business community
Polling the STORY AND PHOTOGRAPHS BY PETER KATZbusiness community
Spend some time with Kathy Winsted, director of the Center for Student Enterprise at Pace University’s Lubin School of Business, and you’ll walk away impressed with her enthusiasm for the new Pace Business Poll and its potential to bring unique learning experiences to her students while enabling the school to carve out a niche for itself in the crowded field of polling.
Indeed, Winsted’s involvement in the new project is a logical extension of her extensive and varied career. She started as an associate professor at Pace in 1994, becoming director of the center in 2013. The Center for Student Enterprise provides a home for several student-run businesses, including Pace Connect, a research and call center.
Before entering academia, Winsted was founder and president of Frazer Consulting, which provided marketing strategies and implementation to more than 100 clients.
Winsted served the administration of President Jimmy Carter as executive director of the Energy Conservation Task Force at the White House and special assistant to the Secretary of Transportation. Her government background also includes stints for Massachusetts, Boston and Middlebury, Vermont. She holds a bachelor’s degree in economics from Middlebury College, a master’s degree in public administration from the Harvard Kennedy School and a Ph.D. in marketing from the University of Colorado.
“We want it to be an ongoing thing that will link Pace to the communities that we’re in as well as establish some expertise that people will begin to count on for information about local area businesses,” Winsted said about the Pace Business Poll.
HOW IT WORKS
Numerous commercial polling organizations and institutions of higher learning are cranking out surveys of what people think about subjects as diverse as whether they prefer Donald Trump or Barack Obama (60% Obama, 42% Trump, by Fox News) or have a positive view of the movie industry (42% of Americans do, by Gallup Inc.).
The Pace Business Poll was launched in partnership with The Business Council of New York State and The Business Council of Westchester.
The first poll in what the founders plan as a twice-yearly series focused on the effect of the pandemic on business in Westchester, Rockland, Long Island and New York City and the businesses’ plans for the future.
Winsted said that students who were active in the research and call center had expressed an interest in using Pace Connect for conducting polls.
“They mostly do research for Pace departments. They do research for the career services department, for alumni relations, other departments on campus and they have been wanting for quite a while to do a poll,” Winsted told WAG.
“They developed the plan for this Pace Business Poll with help from a number of professors and deans,” Winsted said. “They developed the first round of questions. It was then edited by The Westchester Business Council, The Business Council of New York State as well as our dean’s office, myself, so it was a group effort to put the questions together.”
She added that while respondents can answer questions online, students have done outbound calling, sent emails and conducted interviews to gather data.
“We have a few open-ended questions to try to get opinions and ideas and learn more indepth, qualitative information so they’ve been analyzing all of that and categorizing it and talking about it in their report,” Winsted said. “They’ve done an initial draft report. They have now left for the summer so I will be finalizing it, but it is a student enterprise.”
“We want the Pace Business Poll to be a standard thing,” Winsted said. “We’re assuming that as we move forward, word gets out through the Westchester County Business Journal and other sources…that Pace does this survey, that you should get your voice heard, that you should be part of this survey (and) help us to understand local business, that it will get easier and easier as we get better known to get the responses.”
Winsted noted that the dean of Pace’s Lubin School of Business, Lawrence G. Singleton, is on board with the polling program. He had served as dean of the School of Management at Marist College in Poughkeepsie. That college is known by many for the Marist Poll, which covers a variety of subjects from politics to one released on June 11 showing that 92% of Americans put a topping on their hot dogs with 47% preferring mustard and 30% favoring ketchup.
SNEAK PEEK
Winsted provided WAG with a preview of what the initial Pace Business Poll has found, although there will be additional study of the data and comments received.
“We have found that almost every business made some changes during the pandemic, but that many businesses, the majority in fact, feel that they’re stronger after the pandemic instead of weaker,” Winsted said. “They’ve learned things from the pandemic and they plan to change procedures moving forward. They plan to keep some of the procedures that they’ve changed like more people working from home
Kathy Winsted, director for Student Enterprise at Pace University’s Lubin School of Business and director of the new Pace Business Poll. Courtesy Pace University. as really the most common area, more use of technology moving forward, so they have found that they can do remote working and be productive. They found that technology can help them.”
She said that many of the companies that were interviewed reported using technology “to improve their processes, to speed up what they’re doing and they’ve learned a lot from that.”
Winsted said that while the Pace Business Poll will grow in significance for the business community, it will also grow in importance for the lessons Pace students will learn and apply in their vocations after graduation.
“There are so many — how to communicate with professionals; how to sound professional; how to be professional; the emailing skills — the data analysis skills are huge; the survey writing skills; and how to ask questions without bias,” Winsted said. “They’re learning a lot about presenting results as well.”
Randi Priluck, associate dean of undergraduate programs at the Lubin School of Business said that the proposal to move forward with the poll was well-received by the school’s administration.
“These skills are crucial in almost any career these days, so having the students get firsthand experience with data analysis is very good for them and in running a business,” Priluck said, adding that working at the Pace Connect center or other student-run businesses provides unique experiences.
“So many jobs they’ll go into are business-to-business jobs, so they’ll already have experience dealing with clients, dealing with adults, learning the language of the business, running research and the importance of that, Priluck said. “So it really provides them a lot of opportunities when they go out in their careers. They’re some of our most sought-after students, because they have this real-world experience.”
Priluck said that it’s possible in the future that the scope of subjects covered in Pace polling might be broadened:
“Right now we’re thinking strictly business and focusing on the recovery, but it’s very possible that this could be expanded to do more and different kinds of polls and get more students involved.
“We wouldn’t do a political poll, because we’re a business school and we think that the value for us is not in politics or political polls but in business-related polls. Consumer sentiment types of things might fit with that and other business-related polling could work as well.”
For more, visit lubin.pace.edu.
It’s not just educating business professionals. It’s training community leaders.
Any Master of Business Administration (MBA) program can promise a rigorous curriculum to equip students for the challenges of corporate leadership.
Much rarer is an internationally-recognized school like Sacred Heart University’s Jack Welch College of Business & Technology (WCBT) that not only provides top notch instruction from distinguished business professionals, but also infuses a mission like “educating leaders to make a positive contribution to the community” into its plan of study. The Welch College’s Catholic intellectual tradition informs its emphasis on positive social impact. Part of its MBA capstone, SHU’s Center for Nonprofit Organizations provides MBA students with opportunities to apply their knowledge and skills while assisting not-for-profits in achieving their goals and servicing the greater needs of the community.
An essential element in preparing leaders for success in the evolving global business environment is nurturing real-world, ethical problem-solving skills. Founded in 2002, the Center for Nonprofit Organizations allows SHU MBA students to make valuable contributions as marketing, operations or analytical consultants addressing the long-term viability and effectiveness of not-for-profits.
A DIFFERENT KIND OF MBA CAPSTONE—SHU’S CENTER FOR NONPROFIT ORGANIZATIONS
Through the Center, students provide a valuable, pro bono service while being exposed to “realities of life” that transcend the formal academic environment. It is the mission of the Center to generate in the University’s MBA students a sense of community and an appreciation for those less fortunate by providing them a unique opportunity to use their talents in the service of others. Along with MBA consulting projects, the Center presents conferences, conducts training workshops, convenes communities of practice, places interns at nonprofits and promotes social entrepreneurship.
How it works
Full-time MBA students at Sacred Heart have the unique opportunity to form consulting teams that work with clients to provide insights, guidance and a recommended course of action. Welch College advisers, each with broad academic and business experience, counsel the teams throughout the project. Candidates are required to clearly define the issue to be addressed, do extensive research, conduct personal interviews, make a review of best practices and apply other tools relevant to the client’s needs. The students present their findings and recommendations to clients and submit a final written report, to be used however the client sees fit. Types of projects include, but are not limited to:
• Strategic planning • Marketing planning • Financial analysis • Communications planning • Education and training • Human resources • Technology
WHO CAN BENEFIT?
The talents of MBA students have been and can be applied to hundreds of projects from areas as diverse as the arts, education, health care, social justice, museums, the environment and local cities. A few previous clients have included: • Amos House Homeless Shelter • Barnum Museum • Beardsley Zoo • Bethel Recovery Center • Center for Family Justice • Cities of Bridgeport, Stamford and Fairfield • Doctors Without Borders • Fairfield County Community Foundation • Kids in Crisis • Make-A-Wish Foundation • Nursing and Home Care, Inc. • Sterling House Community Center • Valley Chapter, Red Cross
COMMUNITY RECOGNITION. NATIONAL SUPPORT.
From being inducted into the Fairfield County Community’s Foundation’s Center for Nonprofit Excellence Hall of Fame after 17 years of helping area nonprofits achieve their goals to earning thousands of dollars in grants from the Bank of America Charitable Foundation, SHU’s Center for Nonprofits has proven its commitment to making a difference. The CNP has been entrusted to expand its reach into cities like New Haven in addition to Bridgeport and Fairfield, help build thriving communities by addressing issues fundamental to economic health and sustainability and build a problem-based learning lab where MBA students can develop and facilitate training for nonprofit organizations, print related materials and coordinate applied-learning projects.
IS AN MBA WITH REAL SOCIAL IMPACT YOUR NEXT STEP?
Perhaps you see yourself earning a different kind of MBA—one that gives you real experience solving relevant community issues while learning in state-of-the-art facilities from expert faculty in a program that pioneers the convergence of business and technology.
West Campus is SHU’s Center of Innovation and the former world headquarters of General Electric. Sacred Heart’s Center for Nonprofit Organization hosted a conference featuring guest speaker Vu Le, a non-profit leader who has spent over 13 years as an executive director. Photo by Mark F. Conrad
For further information on the Jack Welch College of Business & Technology, please visit www.sacredheart.edu/businesscareer or contact Paul Rychlik, director of graduate admissions, gradstudies@sacredheart.edu, (203)365-7619.