INSID E THIS ISS UE: FOCUS News from the School of Business and Economics Volume 4, Issue 15 April 22, 2013 A Message from Dean Bailey This week, we are looking forward to several special events. Monday, April 22 marks the last Chomp-and-Chat of this academic year. All are invited to join me for pizza and soft drinks in RJR 107 at noon. This is time devoted to socializing together and discussing any topics that you desire. Since it is the last session until next fall, I hope that many students will elect to attend. The 3rd Annual MHA Executive Panel Discussion entitled "From the Classroom to the Boardroom" will be held April 22nd from 5:30 to 7:30pm in Room 136. All are invited to attend. Healthcare professionals from the Triad region will discuss the state of the local healthcare industry and the implications of the Affordable Care Act Dr. Jessica Bailey on local healthcare careers. Thursday, April 25, from 9:00 until 12:00 noon, the Office of the Provost is presenting a workshop to be attended by SBE administration. It is entitled “Defining and Leading Diversity as an HBCU” and will be facilitated by Dr. Jamie Washington. It will be a unique opportunity to focus on self-awareness relevant to cultural identity and others; leading the mission of WSSU as an HBCU, and facilitating diversity relationships in support of our mission. It will be an exhilarating week! Jessica Bailey SBE students at the OFC Challenge 1 CAHME Accreditation Update 2 A Message from Dean Bailey 1 Don’t Lecture Me: A look at classroom design 2 Student Profile—LaKea Tate 2 New AACSB Standards 3 SBE Graduate Students Participate in OFC Challenge in Atlanta Students from the School of Business and Economics (SBE) joined other HBCU business school competitors in Atlanta, Georgia for the Opportunity Funding Corporation (OFC) Business Plan Competition which is held in conjunction with the National Policy Forum on Innovation and Entrepreneurship. This year’s event was held at the Westin Peachtree Plaza Hotel and featured a presentation by one of the co-winners of the SBE Business Plan Competition held in February at The Enterprise Center. This team includes students from the MBA and MHA programs including Veaceslav Driglov, Kendra Heard, Chinita Lassiter, David Showers and Nicholas VerHague. Members of the team were accompanied by SBE faculty advisor, Dr. Notis Pagiavlas. The competition plan featured a new entrepreneurial company, Jupiter Snacks and the Nick, Chinita, Kendra, Slava and David relax in the hotel lobby OFC Challenge Competition members (left to right): Nicholas VerHague, Kendra Heard, Chinita Lassiter, Veaceslav Driglov, and David Showers with faculty advisor Dr. Notis Pagiavlas introduction of a new product to the U.S. snack food market, Fillcrescents. The product, a fresh tasting filled crescent, will be imported from France where it has already been successfully introduced into the European market. In their plan and presentation, the WSSU team had to explore challenges relating to the importation and distribution of food product into the United States, market research, pricing, legal and regulatory issues and other elements of a business plan. Dr. Pagiavlas, speaking on the quality of the WSSU team said “Our team represented WSSU with class, professionalism, and a high quality presentation. It takes enormous effort over a period of months to craft and present a solid business plan. Their energy has to be divided among work obligations, graduate night school, and family. The sheer determination and dedication required to prepare and defend one's work in front of demanding judges, is the main reason many of our students receive job offers from major recruiters literally on the spot. The overall experience and confidence gained by ‘being there,’ are invaluable tools that you simply cannot acquire in a class setting." 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. FOCUS News Page 2 Student Profile—LaKea Tate (Written by Jontraye Davis, MBA Student and Graduate Assistant) Ms. LaKea Tate is a current Master of Healthcare Administration (MHA) student here at the School of Business and Economics. Ms. Tate possesses a Bachelor’s of Science in Human Sciences with a concentration in Food and Nutrition; she obtained her undergraduate degree from North Carolina Central University. Tate gives back to the community by working at the Forsyth County Department of Public Health as a Women, Infant, and Children (WIC) Nutritionist. There, Ms. Tate has the opportunity to implement nutrition education classes, counsel parents and pregnant women regarding proper nutrition. During the interview Ms. Tate stated “I knew that I needed to obtain a Master’s degree once I discovered that there was no room for advancement in my current position. I wanted to remain in the healthcare field, and realized WSSU offered the Master of Healthcare Administration program. The program is designed for the full -time worker, which was great! I needed to maintain my 8am-5pm work schedule and could attend classes after work.” Tate recommends the program to other prospective students encouraging them to apply and enroll, stating, “Healthcare is a great field and is growing at a rapid rate. Current or future healthcare employees who are interested in advancing their career should consider the MHA program at WSSU.” On April 1, the Master of Healthcare Administration program submitted additional information to the Commission on Accreditation of Healthcare Management Education’s (CAHME) as part of its accreditation process. Professor Stephanie Joseph, MHA Program Coordinator, members of the MHA Advisory Board, and Dean Jessica Bailey and Associate Dean Suresh Gopalan crafted a submission to the review panel in response to their recommendations in advance of the program’s self-study year. In this round, the SBE provided additional information on the vision and mission statements, enrollment targets for 2013 and beyond, and a more robust discussion of mapping the “curriculum to competency” matrix. With this submission, CAHME will review the document, consider the application in its entirety and advise the program of any additional requests in advance of its determination of the program’s self-study year. The program remains on schedule and may be eligible for CAHME accreditation as early as 2016. It should be noted that the MHA program has successfully graduated three cohorts in 2010, 2011 and 2012 respectively. Graduates have been placed in a variety of healthcare positions including, the Veteran’s Administration, the Meharry Medical College, and the OIC Family Medical Center in Rocky Mount, NC. In addition, many work at in healthcare in the Triad and one is pursuing a Ph.D. at North Carolina A&T. LaKea Tate is featured on the front cover of the MHA brochure. Tate says, “I was surprised when asked if my picture could be used for the MHA pamphlet. I’m honored to represent this outstanding program. I feel as if I was chosen due to being a double minority, African-American, and a woman. The MHA program encourages and assists with the improvement of diversity in healthcare administration.” Ms. Tate will be traveling to East Africa; Kenya and Tanzania this coming May. “I’m going with the WSSU International Study Abroad Program. I encourage everyone to step outside of the U.S. if the opportunity presents itself. The world is so much bigger than the United States.” Don’t Lecture Me: CAHME Accreditation Update Submitted by MHA program The PDC hosted an information session on April 9 featuring entrepreneur, Algenon Cash, Managing Director of Wharton Gladden. Cash presented a summer internship opportunity to students interested in learning real estate investment. Wharton Gladden is a boutique investment firm in Winston-Salem founded by Cash. The SBE looks at a new classroom paradigm “No learning space is more in need of fresh design thinking than the classroom. Given its pivotal role in education, architects, designers and educators are reviewing a new classroom paradigm where technology and the physical space are integrated to support pedagogy and create a more active and engaging experience for both students and instructors. For example, the allure of technology has overwhelmed pedagogy and space in many computer lab classrooms: rows of computers on fixed work-surfaces force each student to face a computer screen. It’s a modern-day version of the traditional lecturestyle classroom and offers little support for collaboration, teamwork and interactive learning.1” Dr. Jessica Bailey, SBE Dean and Ms. Joyce Jenkins, Business Officer met recently with representatives of Steelcase who demonstrated new classroom design models which focus on “developing instructional design protocols for truly engaging learners and every seat can, and should be the best seat in the room.” At the meeting, the Steelcase representatives suggested that “pedagogy, technology and space, carefully considered and integrated, define the new classroom.” One new development, the “LearnLab sets a new standard for learning environments. Classrooms today must support frequent collaboration and communication, the easy transfer of information between individuals and groups, the effective display of content and the need for teams to constantly reconfigure and switch between different ways of working and learning.” Watch as the SBE explores new learning environments to improve education. 1 From a new classroom paradigm. Published by steelcase.com. FOCUS News Page 3 The new AACSB Standards: Innovation, Impact, and Engagement The Association to Advance Collegiate Schools of Business (AACSB) recently completed revisions to the Business Accreditation Standards used to evaluate the quality business schools throughout the world. AACSB is known as the longest standing, most highly regarded form of specialized/professional accreditation an institution and its business programs can earn. In fact, less than 5% of the world’s 13,000 business programs have earned AACSB Accreditation. The WSSU School of Business and Economics is proud to be regarded as one of “The Best Business Schools in the World,” as evidenced by our AACSB Accreditation. We strive to maintain rigorous self-evaluation and peer-review elements to maintain this continued accreditation. To accomplish this goal, the SBE enters the maintenance of accreditation process every five years. Our next accreditation maintenance review is scheduled to occur in 2015. On April 8, after 10 years under the current set of accreditation standards, the membership at the AACSB International Conference and Annual Meeting in Chicago approved a new set for the world’s leading business schools. These new standards are designed to meet societal demand for more from the business schools and to respond to new challenges and opportunities in higher education. While preparing the new standards, the Blue Ribbon Committee on Accreditation Quality (BRC) examined market needs, reconsidered definitions of excellence and the role of accreditation and focused on new standards that drive innovation, impact, and engagement. Innovation will create and sustain value for students, employers, and the community. Business schools have an impact through both scholarly education and the creation of new knowledge. Significant engagement among faculty, students, and business professionals is required, fostering meaningful interactions to create and share scholarly and relevant knowledge. There are only 15 new standards, which correspond to current trends in management education including increased globalization, technological development, operating budget reductions and an increased expectation of accountability. They also maintain the mission-based focus, the peer-review process and the ability to tailor accreditation to individual schools. As an example, the old standards did not have a substantial emphasis on the teaching process, rather favoring research. The new standards take a look at students, their preparation for jobs, graduation rates, employment and other factors. Each of these suggest a need for a greater involvement with our constituencies who are considered in the new standards. In the next column, each of the newly adopted standards is listed for your review: The SBE thanks AACSB for providing the new standards information for this article.