INSID E THIS ISS UE: July 19, 2013 FOCUS Table of Contents: Southern Business Administration Workshop NEWS FROM THE SCHOOL OF BUSINESS AND ECONOMICS Page 1 Message from Dean Bailey 1 Alumni Profile—Kristopher T. Ferguson 2 Southern Business Administration Summer Workshop The Summer Workshop of the Southern Business Administration Association took place July 14th to 16th at Myrtle Beach, South Carolina. The meeting, a gathering of business school deans from the southern region of the United States, is a popular conference which keeps deans current with the latest developments that affect business school education. Dean Jessica Bailey was in attendance. The meeting began Sunday with a reception for new members, those deans who were attending their first SBAA meeting. The reception was followed by a general reception and a dinner, attended by a host of deans and their spouses. It was the highlighted social event of the conference. Following breakfast Monday morning, SBAA President Mo Sarhan, Dean of School of Business at Savannah State University, welcomed all in attendance and introduced the keynote speaker, Joe Moglia, Chairman of the Board of TD Ameritrade and Head Football Coach at Coastal Carolina University. Joe, who is, undoubtedly, a unique character, talked about the similarities between his responsibilities as Chairman and as Head Coach. He explained that both jobs required staying focused on the customer and being able to recognize skill and character. His rousing address was quite inspiring. All of the sessions of the conference were informative. Dr. Rick Mathieu, Associate Dean at James Madison University, talked about community, student, and faculty engagement. This is an extremely relevant topic given the fact that engagement is one of the three hallmarks of the new accreditation standards of AACSB. He explained that success lay in embracing engagement and doing everything possible to identify activities already being undertaken on most campuses. Dr. Jeff Michelman, Director of International Programs at the University of North Florida, addressed the topic of MBA Dual Degrees. In particular, he advised caution in establishing international dual degrees, since so many uncontrollable factors can determine the success or failure of the program. Max Burns, President of Gordon College, gave a personal address entitled, “From Business Dean to President: My Perspective,” which described his personal journey from contented business school faculty member to U.S. Congressman to consultant to business school dean to college president. He advised the audience on the appropriateness of business school deans reaching out for college presidencies since the skill sets for both positions are so similar. The conference ended Tuesday at 11:00 a.m. following presentations on faculty orientation, a vice-president’s perspective on the impact of business schools, and an update on the new AACSB standards. Volume 4, Issue 28 Where in the World Reminder 2 A Message from Dean Jessica Bailey The campus was abuzz this week. July 18th was Transition Thursday, a special day set aside for orientation of transfer students. Faculty members from each of the three departments of the SBE made themselves available to transfer Dr. Jessica Bailey students for advising and mentoring as they entered WSSU to complete their degrees. Also, July 18th marked the on-campus visit of representatives of Experiment in Self-Reliance (ESR), an organization devoted to empowering people to become self-reliant. I attended a special luncheon that was sponsored by Ms. LaMonica Sloan, Director of Career Services, who serves on the board of the organization. ESR, which has been active in Winston-Salem since 1964, has worked closely with WSSU over the years to help eliminate poverty in the city and county. This past year, faculty and students of the SBE’s Department of Accounting and Management Information Systems contributed their time for the Volunteer Income Tax Assistance (VITA) program, providing free tax preparation for low- to moderate-income families at sites throughout Winston-Salem. Thus, the SBE has been instrumental in increasing the economic impact of tax return dollars in the community; I am proud of that contribution. Stay cool! Jessica Bailey FOCUS is published weekly by the School of Business and Economics at Winston-Salem State University. For information concerning the newsletter, or to contribute an article, please contact Ben Greene at (336) 750-2330 or send an e-mail to greenebp@wssu.edu. Page 2 FOCUS News Attention SBE Graduates: We welcome the opportunity to provide information about all of our students and alums in the Focus Newsletter’s “Where in the World” section. This allows fellow alumni, students and faculty to be aware of the location and corporate affiliation of friends and colleagues. Please send updates, including your name, title, company name, year of graduation and current city, and state/country to greenebp@wssu.edu. Alumni Profile—Kristopher T. Ferguson Kristopher Ferguson is a 2008 Cum Laude graduate of the School of Business and Economics (SBE) with a triple major in accounting, economics, and finance and a minor in chemistry. He is a “kid at heart” with a passion for both his personal and professional life. His personal interests include following college sports, reading online message boards, and attending as many of the WSSU football and basketball games as possible. This led to a conversation about “giving back.” On this subject, he spoke about the need to provide support to programs one considers important. He is a believer in, and contributor to the SBE, the Honors program, Honda Quiz Bowl team, and Ram athletics, making equal contributions to each. Personal travel also occupies a substantial amount of his time. After attending a summer program in Quebec after his junior year, he now visits Canada annually. As a road trip and automotive enthusiast, he has traveled to 42 states and 10 Canadian provinces and territories by car. He also drove to the Arctic Circle and back which took 14 days and covered 10,000 miles! In his new home in Pensacola, Florida, Kris enjoys going to the beach, cooking, playing video games, catching up on television shows and reading about current events and financial happenings. he became a Financial Institution Examiner after completing a rigorous training program. Completion of the program permits him to be “Examinerin-Charge” on select bank examinations, a designation that allows him to submit reports detailing the fiscal health of financial institutions. with him, Kris has had the opportunity to go on special assignments because of his distinct capital markets training. He also recalls taking the Myers-Briggs personality test shortly after starting his career, and discovered that he was an INTP (Introvert-Intuitive-ThinkerPerceiver). He used this newfound awareness to strengthen his During his relatively cognitive abilities and short career at the FDIC, he become a more effective has had the opportunity to worker and see financial institutions communicator. His career recover after near-failure, permits him to travel extensively worked with and resolved problem throughout the Southeast, and he banks, and participated in various training and speaking opportunities. He spends approximately 130 nights on the road for the FDIC. is designated as a Capital Markets Subject Matter Expert. As such, he is a “go to” person for a variety of topics ranging such as asset/liability management, insurance and compensation agreements, and mathematical modeling activities. As an examiner, he meets with bank managers of institutions with assets of up to $20 billion to discuss rules, regulations, findings and corrective actions. The analysis of credit worthiness, liquidity ,and market risks of domestic and international securities are also included in his responsibilities. Interestingly, his employment coincided with the beginning of the “Great Recession,” a period which presented significant training challenges and unique opportunities alike. One of the most productive things he did after settling in to his new job and community was to seek out a mentor with similar work styles and Following graduation, he accepted interests. Kris reports that this tactic a position with the Federal Deposit yielded dividends, as his mentor is Insurance Corporation (FDIC) as a considered one of the best at the FDIC Financial Institution Specialist. In 2012, in his specialty. As a result of working Kris encourages others in the WSSU family to bring a unique perspective to their workplace by considering: distinguishing themselves from others by taking on projects and activities that others may not understand or are uninterested in; learning by taking the time to attend training and reading books and articles that relate to their jobs; and getting to know personal strengths and weaknesses to maximize strengths and improve upon weaknesses. He also takes time to reflect on his time at the SBE where he was inspired by Dr. George Johnson (accounting), Dr. David Stewart, the late Dr. Swapan Sen (finance), and Dr. Zagros Madjd-Sadjadi (economics). Their encouragement enabled a successful transition from student to professional and continued development post-graduation.