INSID E THIS ISS UE: June 10, 2013 FOCUS Table of Contents: Dr. M. Dee Guillory Competes at UNC-CH NEWS FROM THE SCHOOL OF BUSINESS AND ECONOMICS Page 1 Social Entrepreneurship Conference 1 Faculty Research—Dr. Suresh Gopalan 2 Message from Dean Bailey 2 Where In the World 2 Dr. M. Dee Guillory & Colleagues Win UNC Competition The UNC Chapel Hill campus held The Entrepreneurial Mindset— Maximizing Faculty Impact workshop on Monday, May 13 through Thursday, May 16. Dr. M. Dee Guillory was nominated to be one of the attendees representing Winston Salem State University. The seminar focused on entrepreneurial thinking and turning ideas Volume 4, Issue 22 money, developing goals and assessing progress toward meeting those goals. Each participant was asked to come with a specific project in mind. Projects could be institutes, programs, non-profit entities or for-profit endeavors. As all of the projects could not be actively developed in the one week seminar, each team voted on a project to work on The UNC Social Entrepreneurship Conference In February of 2014 , North Carolina Agricultural and Technical State University will host the University of North Carolina (UNC) Social Entrepreneurship Conference . This event brings together more than 500 participants to learn from featured speakers like speakers like UNC President Dr. Tom Ross and Nobel Laureate Dr. Muhammad Yunus, both of whom spoke at the event in 2012. The 2012 WSSU SBE and SOHS Teams with Chancellor Reaves, Dean Bailey, Dean Peggy Valentine, Dr. Dorothy Bethea, Dr. Vanessa Duren-Winfield, Dr. Megan Edwards, and Dr. Notis Pagiavlas Drs. Deborah A. Powell, W. Stewart Thomas, M. Dee Guillory and Ram Neta into reality. The University of North Carolina is determined to create an atmosphere that encourages faculty to think big and to pursue their dreams. They believe that this is the way UNC's faculty will create new knowledge, inspire students, and help solve the world's many problems. Although, this was the fifth year for the workshop on the UNC Chapel Hill campus, it was the first year faculties from campuses throughout the UNC System were invited to participate. A week before the workshop, participants were sent two books, Innovation and Entrepreneurship by Peter F. Drucker and Engines of Innovation – The Entrepreneurial University in the Twenty-First Century by Holden Thorp and Buck Goldstein. They were also sent several articles to review. The workshop was led by a team of faculty and entrepreneurs from the UNC Chapel Hill entrepreneurship minor. The goal of the seminar was to identify faculty who had a project in mind and give them the tools to begin implementing their idea. The seminar focused on matters such as identifying opportunity, developing a strategy, selling the idea, writing a plan, calculating costs, raising during the workshop. During the workshop, attendees participated in intense discussions and were exposed to entrepreneurs, university speakers, and community members. The four days together ended with each group having the opportunity to "pitch" their project and get feedback. The first pitch was made to Tom Ross, President of the University of North Carolina System. After feedback, the final pitch was made to three prominent members of the local business community. This presentation set forth the specific opportunity in the form of a preliminary plan for the venture, which was developed during the week. A winning project was chosen based on the best project pitch. Dr. Guillory was on the winning team, which pitched an idea for a critical skills assessment test called Jobnition. The team included Dr. Ram Neta (Professor of Philosophy) from UNC Chapel Hill; Dr. W. Stewart Thomas (Assistant Dean - School of Business) from UNC Pembroke; and Dr. Deborah A. Powell (Associate Professor of Language and Literacy) from UNC Wilmington. An important element of the conference is a business plan competition featuring social enterprise proposals from students representing all of the 17 UNC campuses. The competition is divided into a graduate and undergraduate component. The undergraduate teams are asked to create a business plan for a sustainable new venture that achieves a social objective important to North Carolina (e.g. providing healthcare or financial services for the poor, nutrition for malnourished children, renewable energy opportunities, etc.). Graduate student teams are asked to work with a non-profit organization to either develop a business plan to assist with the development of a new product or service or to help the non-profit to create a new revenue-generating product or service that supports the core mission of the organization. Both undergraduate and graduate student teams from WSSU will have the opportunity to work with Small Business Technology Development Center (SBTDC) staff to help refine their business plans and objectives. By September 16, 2013, each of the campuses will select participating graduate teams and submit their names to UNC General Administration (GA). On September 23, the UNC GA will announce which graduate teams have been assigned to work with which non-profits. On November 22, undergraduate teams will be selected and names submitted to UNC GA and the event will be held in February of 2014. Dr. Notis Pagiavlas will be the faculty advisor for both teams. 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 by forwarding an e-mail to greenebp@wssu.edu. Page 2 FOCUS News A Message from Dean Bailey Last week, I had the privilege of participating in the HBCU Business Deans’ Roundtable Annual Summit which was held at the Sheraton Four Seasons in Greensboro, North Carolina. The event, which ran from June 6 to June 8, was hosted by NC A&T. As Immediate Past President of the Roundtable and Chair of the Development Committee, I had the pleasure of working with other business school deans to plan and execute this historic conference. The Summit has become a unique venue at which business school deans at the nation’s HBCUs meet and consider the opportunities and challenges facing our institutions. This year’s meeting was themed, Economic Security: The New Civil Right? Renowned speakers at the conference included Dr. John Silvanus Wilson Jr., the Eleventh President of Morehouse College in Atlanta GA, and Dr. Ralph Christy, Director of the Cornell International Institute for Food, Agriculture, and Development and Professor of Emerging Markets at Cornell University in Ithaca NY. One of the members of the SBE Business Advisory Council, Mr. Duane Davis, Senior Investment Advisor and Senior Vice President of First Tennessee Private Client Group, addressed the deans in a special session Friday afternoon. He offered guidance on developing investment strategies for the Roundtable. The 2014 Summit will take place in Miami, Florida in June of next year. Jessica Bailey Faculty Research—Dr. Suresh Gopalan Dr. Suresh Gopalan, Associate Dean and Professor of Management at the School of Business and Economics (SBE) took time to speak about his dissertation and research interests and to provide abstracts from recent articles he co-authored with other faculty at the SBE. “My dissertation focused on exploring the relationship between national and organizational cultures in three countries: Brazil, India, and the United States of America,” he explained. “It required reading beyond ‘traditional’ business literature and exposed me to writings in sociology, anthropology, psychology, history, etc. Additionally, I had an opportunity to read published works written by international writers which offered refreshingly different perspectives than what I was familiar with. These readings defined the path for my intellectual activity.” Dr. Suresh Gopalan “My research has led me to appreciate the pervasive influence of culture on all aspects of management thinking, practice, and behavior. It has also made me look at issues from a holistic perspective. To date, the bulk of my publications have dealt with the impact of national culture on organizational cultures, ethics, managerial practices and behaviors in a variety of national settings. In addition to national cultures, I have written extensively on the subject of racial and ethnic diversity in the United States.” “While my research efforts focused more on publishing in journals, lately I am transitioning to writing case studies and grants. Over the last few years, I have published a case study and have been successful in collaborating as co-principal investigator in securing two nationally competitive grants.” Trends Impacting Global Services Offshoring: Will India Remain the World Leader? (with Zagros Madjd-Sadjadi) Abstract—The presence of a number of factors has positioned India as the leading offshore destination for services. This dominance is increasingly challenged by many countries that have emerged as competitors to India. Global offshoring dynamics is impacted by a number of key factors such as demographics, access to an extensive talent pool, nearshoring & reshoring, and a portfolio approach to offshoring services. To remain competitive, India must invest in its urban infrastructure and education to grow the talent pool. International Journal of Innovation, Management and Technology, Vol. 3, No. 1, February 2012 An Exploratory Investigation Of The Impact Of National Culture On Motivation And Learning Styles Of B-School Students From India (with Moula Cherikh and Mak Khojasteh) Abstract—India has emerged as one of the fastest growing economies in the world. Business magazines and newspapers routinely refer to India as an emerging global powerhouse along with Brazil, China, and Russia (commonly referred to as the BRIC economies). The Indian GDP has experienced a real growth of 8.9 percent from 20032007 and is projected to grow by 7.1 percent in 2009 and 7.5 percent in 2010. India’s GDP was US$911 billion in 2007 (data obtained from Economist.com and EconomyWatch.com). The rapid economic growth rate can be attributed to the following three factors: 1) deregulation policies adopted by the Indian government in the early 1990s, 2) dynamics of globalization, and 3) ever advancing capabilities of the Internet and other forms of telecommunication. Journal of International Education Research – First Quarter 2011 Volume 7, Number 1 The following students or alumni have provided updates on their employment status. We welcome the opportunity to provide information about all of our students and alums in future issues. Please send updates to greenebp@wssu.edu. Name Employer Darlana Harris City of Rocky Mount Doris G. Moore Moore’s Consulting Company