FOCUS INSIDE THIS ISSUE: News from the School of Business and Economics February 25, 2013 Volume 4, Issue 7 st Toward a Good Society in the 21 C. 1 Chomp-N-Chat with Dean Bailey 2 A Message from Dean Bailey 1 Supporting the AACSB Mission 3 SBE Faculty Spotlight 2 Entrepreneurship Talks 3 Student Athlete Wakefield Ellison 2 Coming Soon 4 Student Profile—Dianna McCollum 2 Toward a Good Society in the Twenty-First Century Edited by Drs. Nikolaos Karagiannis and John Marangos “Having previously defined a good society as a sustainable society with a high level of development, significant provision of meaningful jobs, and low levels of inequality and social ills, Toward a Good Society in the TwentyFirst Century provides a wide range of principles and policies that would be necessary if we are to achieve a good society. Drs. Karagiannis and Marangos have put together a comprehensive volume that explores the principles and policies needed to bring about the good society, and focuses on four broad themes which are deemed important towards achieving a good or better society: quality education and fair distribution; environmentally sustainable prosperity; inclusive economic development and significant job creation; and beneficial civic institutions, and deepening of freedom and time use. All these topics can be highly controversial and call for alternative perspectives on theoretical (philosophical) and policy grounds1.” WSSU and the School of Business and Economics are well represented in this publication. In addition to Dr. Nikolaos Karagiannis’ service as Editor as well as Associate Professor of Economics at WSSU; Dr. Brenda A. Allen, Provost, wrote the forward for the book; Dr. Denise Pearson, Assistant Provost for Faculty Affairs and Interim Chair of the Department of Management and Marketing, wrote Continued on page 3 A Message from Dean Bailey The School of Business and Economics, like the rest of the campus, is in the throes of strategic planning and strategic budgeting. What this means for the leadership of the school is checking to see how well we are moving forward in accomplishing our long-term goals and making sure that we have the resources to support Dr. Jessica Bailey our continued momentum. Under the guidance of the strategic plan for the entire UNC System, newly proposed by President Tom Ross, WSSU and the SBE are moving forward with activities to fulfill our existing strategic plans and modify measurement tools so that they are consistent with those of the system. The SBE has a 2010-2015 strategic plan that has guided its activities in the recent past and continues to map shortterm goals in the future. Ultimately, the goals of the SBE are to maintain its AACSB accreditation, a designation allotted to only about 600 business schools nationally, and to serve the people of North Carolina. This we continue to do by producing graduates who can move into management positions throughout the state and by outreach activities, primarily through the Center for Entrepreneurship, the Center of Excellence in Financial Services, and the Center for Economic Analysis. Strategic planning is the blueprint for all that we do and it helps us to achieve success. 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 SBE Faculty Spotlight: Dr. Monica “Dee” Guillory Since joining the faculty in the Fall of 2012, Dr. Guillory has quickly established herself as a caring colleague, supportive mentor and focused instructor with high expectations of her students. Dr. Guillory has a Doctorate Degree in Marketing from Georgia State University, a Master of Business Administration with a concentration in Marketing and Entrepreneurship from the University of Michigan, and a Dr. Monica D. Guillory B.A. in Sociology and Economics from Stanford University. Her dissertation, “Perceived Brand Age and It’s Influence on Choice, seeks to understand the construct of brand age beyond the limited scope of a component of brand personality. Here she seeks to argue that it is also an individual construct which is separate and unique. Ultimately, if managers understand how the perception of a product’s age influences consumer choice, they will be better equipped to develop marketing strategies which allow them to maximize their brand management efforts.” Her academic interests are highly influenced by both her previous work experience and her personal interests. This initiated her interest in a research stream focused on branding, entrepreneurship and social media. Dr. Guillory has published journal articles in the Seniors Housing and Care Journal and the Business and Economic Review on “Marketing Apartments, Townhouses and Condominiums to Seniors,” and “Gone Phishing” respectively. She has an article, “The Impact of Advertising, Trustworthiness and Valence on the Effectiveness of Blogs in the United States” just accepted for publication at the International Journal of Electronic Marketing and Retailing. She presented this topic to the 2010 Annual AMA Summer Marketing Educator’s Conference in Boston. Dr. Guillory has been honored by the Society of Marketing Advances as a Doctoral Consortium Fellow and was awarded a Graduate Teaching Assistant Award for Teaching Excellence from Georgia State University in addition to her other academic honors and awards. She is a member of the Society of Marketing Advances, the Academy of Marketing Science and the American Marketing Association where she serves as an Ad hoc Reviewer. She is excited to have recently been accepted to the Spring, 2013 cohort of the Faculty Fellows Program at WSSU. She previously taught on the faculty of the University of South Carolina Business School where she served as a program advisor and on a variety of faculty committees. Dr. Guillory’s personal teaching philosophy centers around four principles: Passion for marketing and business education; Integration of a “give and take” exchange in the teaching process; High yet realistic expectations for student success; and Modeling values and ethics. Simply stated, she says, “I feel incredibly blessed to get paid to do what I love and I love teaching.” Her industry experience includes work as the Vice-President of Marketing and Sales for Ministertheword.com, the founder and owner of D.G. Consulting and the Development Manager for Consolidated Rail Corporation. The SBE recognizes senior basketball student athlete Wakefield Ellison Wakefield Ellison was honored Wednesday, February 20th, at Senior Night, a special event marking the last home games for both the Men’s and Women’s WSSU Basketball teams. Following the Ladies Rams’ successful defeat of Women of Johnson C. Smith University, a team of WSSU administrators gave a special recognition to the senior athletes who will be graduating in May 2013. Greeting the athletes and their families were Tonia Walker, Associate Director of Athletics, Provost Brenda Allen, and Deans Bailey, Berry, Stitts, Valentine, and Vargas. Dr. Greg Taylor and Ms. Deborah Stephenson were also in attendance at the games. The SBE is proud of Wakefield Ellison. Following his transfer to WSSU from East Carolina University, Wakefield played 28 games for WSSU in the 2011‐12 season. His best offensive effort of the season came against Washington Adventist when he scored a career‐high 18 points with four steals and five rebounds. He also scored 11 points against Fayetteville State University and 10 points against Allen University. The team will miss him. Congratulations, Wake! Student Profile Dianna McCollum is a spring 2013 graduating senior with a double major in Economics and Finance. She has achieved academic success by consistently remaining on the Dean’s list. Dianna is a student assistant in the Center of Excellence in Financial Dianna McCollum Services assisting Mr. Nicholas Daves with the new Trading Room in the School of Business and Economics. Dianna has been appointed as the Bond Sector Manager of the new Student Investment Fund. She also serves as an active member of Alpha Kappa Alpha Sorority, Inc., the National Black MBA Association, and recently joined Omicron Delta Epsilon, the economics international honor society. Aside from extra-curricular activities, Dianna enjoys giving back to the community. She is the VicePresident of the Christian Youth Fellowship at her church. She is also the director of a group of young dancers in Statesville, NC where she takes pride in acting as their role model along with offering encouragement in their growth. Chomp-N-Chat with Dean Bailey Monday, February 25 at 12:00 p.m. The SBE Chomp-N-Chat meeting is a perfect opportunity to raise topics of interest, get to know Dean Bailey in a more relaxed setting or just sit down with fellow students as they discuss their interests over lunch. Please put February 25 at noon on your calendar and plan to attend this lively exchange in RJ Reynolds Room 107. We’ll see you there! FOCUS News Page 3 Suppporting the AACSB in Tuskegee Between February 17 and 19, 2013, Dean Jessica Bailey visited Tuskegee University in Tuskegee, Alabama as part of the Association to Advance Collegiate Schools of Business (AACSB) Maintenance of Accreditation process. Every five years, business schools around the world are visited by teams of volunteers to affirm the continuation of high quality at institutions which have previously been accredited. Volunteers for these visits are always deans of business schools who are familiar with the accreditation standards of AACSB and who have completed an extensive training process. Dean Bailey completed the training several years ago and has volunteered in this capacity at many universities. “The Dean Jessica Bailey reason that I like to volunteer in this way,” she said, “is because I learn something new with each visit. The more I know, the better positioned the School of Business and Economics will be for success during its Maintenance of Accreditation visit.” Though the visits last only three days, teams of volunteers are provided several months to review and analyze documentation provided by the universities and to formulate their recommendations. “This represents a lot of work, but it is certainly worth it,” Dean Bailey said. “I will continue to do this, as long as I am able.” Interesting Facts about Tuskegee University1: The school was founded by African-American educator Booker T. Washington on July 4, 1881 The originator and producer of the famous “Tuskegee Airmen,” in partnership with the U.S. Army Air Corps Was the college of the first African-American four-star general: Daniel “Chappie” James The top producer of AfricanAmerican Ph. D. holders in Materials Science and Engineering 1 The only college or university campus in the nation to be designated a National Historic Site by the U.S. Congress Facts courtesy of Tuskegee University Good Society, Cont’d. the chapter titled Moral Education and the Good Society: An Impact for HBCUs; and Drs. Jessica M. Bailey, SBE Dean and Morteza Sadri, SBE Adjunct Faculty member, in conjunction with Dr. Doris Paez, Executive Director of Forsyth Futures, contributed the chapter entitled The Role of NonProfit Organizations in the Good Society: The Case of Forsyth Futures, Forsyth County, North Carolina, USA. Dr. Karagiannis indicated that this is the third book (a textbook on Financial Planning and two edited volumes dealing with the US Economy and the Good Society) coming out during this academic year where a number of faculty members of the School of Business and Economics have contributed papers. These writings cover a range of topics, are of really good quality, and are included in the forthcoming edited books by top publishers Routledge and Palgrave Macmillan. The publication is set for release on May 15. Pre-publication orders may be placed on the Pelgrave Macmillan website. 1 Book description and cover courtesy Pelgrave Macmillan E-Talks (Entrepreneurship Talks) at The Enterprise Center feature Nike Roach Written by Aparna Shivram, MBA student and SBE Graduate Assistant On February 14, Nike ‘Neekay’ Roach took us on our first E-Talks entrepreneurial journey, starting from his birth in an African village to his crowning accomplishment of owning and operating “6th Sense Health and Wellness Center in Winston-Salem.” His presentation was gutsy, insightful and innovative. An alumni of Winston-Salem State University and High Point University, Nike shared with us his wisdom that came from the “school of hard knocks.” Part of Nike’s advice to the small business owners and the WSSU students in the room was to delegate and outsource. These difficult decisions not only help work-life balance, but often free the owner to concentrate on growing the business. Nike candidly shared that his three anxiety attacks (scares of heart attacks) were his wake-up call. Nike argued that our litigious society requires necessary legal Nike with a client work that often pushes small businesses to quit. Through his falls and downturns, Nike believed that his medical corps training made him ready for battle. Everybody in the room agreed that the motivation to do well came from passion for the business and the stubbornness to repeatedly stand up when struck down. Nike also stressed that being associated with positive people was like having a source of energy for the mind and spirit. Being surrounded and mentored by cheerful people creates an environment conducive for capitalizing on opportunities. Walking away from draining relationships was key to maintaining the strength to go on. Having a mentor, prioritizing work schedules and having strategic partners were necessary to grow business. Being productive by saying ‘no’, was a key take away. C o m I n g Chomp-N-Chat with Dean Bailey Monday, February 25 12:00 p.m. RJ Reynolds Center, Room 107 S o o n ! MBA/MHA Open House Thinking of Graduate School? Want to further your career and increase your earnings potential? Attend the MBA/MHA Open House Thursday, Mar. 7 Thursday, Apr. 4 from 6:00-7:30 p.m. RJ Reynolds Center Room 201 Mandatory Attendance for SBE Department Chairs & Freshmen Faculty Advisors University Wide Spring Open House Friday, March 22 Spring 2013 Pre-Major to Major Transfer Social Tuesday, February 26 from 3:00-5:00 p.m. McNeil Dining Hall, Anderson Center Watch future Focus issues for details