2 0 1 5 U N I V E R S I T Y O F A N N U A L C O L O R A D O R E P O R T C O L O R A D O S P R I N G S UCCS College of Business 2015 ANNUAL REPORT Dear Friends & Colleagues, 2015 is the 50th anniversary of the UCCS campus, and this occasion has provided us with a wonderful opportunity to celebrate our past, present and an exciting future. Truly, the 2014-15 academic year was one of many celebrations for the UCCS College of Business. “We reaffirmed our continued pursuit of excellence through our E LE M TH O R F R TTE DEAN reaccreditation by AACSB International and through our faculty research and publication at the highest level.” Last year, we started several exciting new programs and welcomed some dynamic new faculty and staff members. We reaffirmed our continued pursuit of excellence through our reaccreditation by AACSB International and through our faculty research and publication at the highest level. Most importantly, we continued to see our students pursue their dreams and launch their successful careers. Our 50th anniversary is a time for celebrating, and I hope you enjoy this look back on the college’s many accomplishments and successes in 2014-15. Sincerely, Venkat Reddy, Ph.D. UCCS College of Business 2015 ANNUAL REPORT BUILDING CAREERS FOR 21ST CENTURY SUCCESS W e are in the business of building successful futures. This is the measure by which we succeed or fail. Every faculty member, every program and every resource at our disposal is leveraged to create a market-relevant, innovative education with regional and global networks that make us the nerve center for a world of opportunity. In our 50th year, we have a lot to celebrate. Launching new programs, retaining our elite AACSB accreditation and being named a “Best Business School” by U.S. and World Report all serve as welcome validation. But this is just the beginning. The world into which our graduates enter demands more relevance and rigor than ever before. Which is why we will continue to leverage deep academic and business experience to bring innovative programs and challenging coursework to life — in the classroom and in the business arena, where our relationship-building yields electrifying hands-on opportunities that light the path between theory and practice, between aspirations and true accomplishment in business and life. UCCS College of Business 2015 ANNUAL REPORT ACCOLADES AND EVENTS College of Business adds Master of Science in Accounting to Graduate Degree Offerings >> Sport Management student earns RMAC First Team Award >> College of Business Alumnus and Microsoft VP shares his story of success at Commencement address >> UCCS teams win national honors at Ethics Video Competition >> Mollie Sutherland named 2014 Horton Smith Award Winner >> College of Business reaffirms excellence with AACSB International reaccreditation >> UCCS Online MBA Ranked Among Nation’s Best, Top in Colorado >> U.S. News and World Report names UCCS Business a Best in the West >> New Soccer Management Program unveiled – students will gain hands on professional experience with Colorado Rapids Organization. >> Finance professor Gordon Stringer earns prestigious Quality Matters certification for online teaching excellence >> Sport Management Director and faculty member recognized at UCCS awards ceremony >> Daniels Fund Ethics Initiative at UCCS continues with award of $1.25 Million Ethics Grant >> Daniels Fund Ethics Initiative at UCCS hosts Ethics in Social Media Summit to change UCCS College of Business 2015 ANNUAL REPORT online culture >> AWARDS & ACCOMPLISHMENTS Sky Sox Awards Second Annual Sport Management Scholarship For the second year in a row, the Colorado Springs Sky Sox awarded a $2,500 yearly scholarship to a UCCS student in the College of Business’ Sport Management Program. This year’s award went to David Olson. The scholarship was first made available in 2014 and is awarded each year to a rising sophomore, junior or senior at UCCS. Students who apply are assessed on financial need, GPA, resume and essay submission. Read full story Colorado Rapids Become a Partner for UCCS’ Soccer Management Track Students with a passion for soccer will be able to pursue a business degree with an emphasis in soccer management at the University of Colorado Colorado Springs College of Business beginning this fall. Students in the program will gain hands-on experience through professional practicums with the Colorado Rapids organization. Soccer management will be housed within the high-demand Sport Management Program, an area of emphasis in the Bachelor of Science in Business degree at UCCS. Read full story UCCS College of Business 2015 ANNUAL REPORT AWARDS & ACCOMPLISHMENTS UCCS College of Business Maintains Prestigious AACSB Business Accreditation The University of Colorado Colorado Springs College of Business maintained its business accreditation by the Association to Advance Collegiate Schools of Business, AACSB officials recently announced. Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master’s, and doctoral degrees in business and accounting. AACSB accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world’s business programs. Read full story Alumnus celebrates UCCS 50th with business scholarship Students at the University of Colorado Colorado Springs’ College of Business will benefit from a new scholarship effort designed to ensure tomorrow’s business students have the same opportunities as today’s, college leaders announced August 31. In honor of UCCS’s 50th anniversary, a College of Business alumnus challenged fellow alumni and the business community to raise $100,000. The alumnus will match up to $50,000 of that total, which when reached will enable this 50th anniversary business scholarship endowment to fund up to four student scholarships each year in perpetuity. Read full story Medveds to Receive UCCS College of Business Lifetime Entrepreneurship Award Jon and Becky Medved, local business pioneers and philanthropists, received the 2015 University of Colorado Colorado Springs College of Business Lifetime Entrepreneurship Award at a May 8 campus luncheon. Community and campus leaders came together in the Gallogly Events Center in celebration of the Medved’s excellence in business and advocacy of several non-profits over the past 30 years. The award luncheon is a fundraising event to support the College of Business and its alumni and student initiatives including a newly launched Career Coaching Program. Read full story UCCS College of Business 2015 ANNUAL REPORT NEW FACULTY & STAFF Whitney Porter James Kumm Mike Fryt Kara Carragher hired as the Assistant Director of Graduate Programs in December 2014 hired as the Director of Placement and Internships in January 2015 became Executive in Residence in Spring 2015 hired as the Business and HR Professional in May 2015 Rebecca Wilder Ian Ratz Brian McAllister Kaitlyn DeGhetto hired as the Assistant Data Analyst of SCEF in June 2015 promoted to Assistant Director: Sport Management Student Services in July 2015 became MSA Faculty Director in July 2015 hired as an Assistant Professor of Management in August 2015 Colleen Stiles Zhiguo Liu promoted to Senior Instructor in August 2015 became a Visiting Scholar from China in August 2015 UCCS College of Business 2015 ANNUAL REPORT FACULTY PUBLICATIONS ARTICLES IN INDUSTRY PULICATIONS (TIER 1 JOURNALS) Achieving IT Program Goals with Integrative Conflict Management Gary Klein, Team Lead, Business Analysis; Couger Professor of Information Systems Projects in a multi-project environment often conflict due to pursuit of their own goals, their unique approaches to completion of required tasks, and their individual need for limited resources. A process design for the resolution of such conflict promotes agreement on means of implementation and a common commitment to overall goals of the organization. Overall success rates are improved in an information technology context when implementing the recommended conflict resolution procedures. Read entire article The intellectual ecology of mainstream marketing research: an inquiry into the place of marketing in the family of business disciplines Martin Key, Assistant Professor of Marketing This paper attempts to address a growing concern that the field of marketing is declining in influence. To accomplish this, the paper looks at 22 years of citation data across nine of the leading scholalry journals in the areas of Marketing, Finance, Management, and Accounting. The results indicate that within the four main business functions, marketing articles are cited the least by other fields. Adding to this dilemma, the methodologically sophisticated nature of marketing research may prevent managers from seeking it out for insight and strategic influence. Read entire article UCCS College of Business 2015 ANNUAL REPORT FACULTY PUBLICATIONS ARTICLES IN INDUSTRY PULICATIONS (TIER 1 JOURNALS) How Effective Tax Planning Can Increase the Tax Benefits of Corporate NOLs Blaise Sonnier, Team Lead, Accounting and Finance; Kirk Wilcox Endowed Professor of Accounting The article analyzes the law and impact of the net operating loss deduction on corporate taxpayers. Issues examined include the relationship between the dividends received deduction, the corporate alternative minimum tax and the Section 382 limitations on the deductibility of net operating losses. Finally, the article discusses planning opportunities and pitfalls to avoid to maximize the benefits provided to corporate taxpayers by the net operating loss deduction. Read entire article Duty orientation: Theoretical development and preliminary construct testing Dustin Bluhm, Assistant Professor of Management Scholars acknowledge that a greater understanding of duty in organizations is needed to explain both performance and ethical behavior. This paper provides a starting point for the study of duty in organizations by advancing the construct of duty orientation, validating a measurement instrument, and providing empirical evidence of it as a mediator between effective leadership and both ethical and performance outcomes. In doing so, we seek to encourage inquiry into the etiology of duty and how it influences thought and behavior in the workplace. Read entire article UCCS College of Business 2015 ANNUAL REPORT FACULTY PUBLICATIONS BOOKS Introduction to Business by Thomas N. Duening, Ph.D Team Lead & Associate Professor, Management; Director, Center for Entrepreneurship; El Pomar Chair of Business and Entrepreneurship Introduction to Business provides an overview of important concepts students will need to understand business practices. Coverage includes guidelines for entrepreneurship, international business, product development, and marketing. Students will also learn the principles of business ethics, finance, and leadership. The text provides business examples that encourage students to apply their knowledge to real-world case studies. To enhance, enrich, and enliven student learning, Introduction to Business includes several features: • Case studies feature business scenarios and relevant business events that illustrate key concepts through real-world situations. Students are challenged to analyze and solve problems by applying business concepts. • Questions for discussion prompt students to critically examine the information presented in the chapter and apply their knowledge. • Exercises provide engaging activities for students to demonstrate their knowledge in and out of the classroom. • Pre-and Post-Tests prompt students to answer multiple-choice questions that provide real-time feedback on their understanding of chapter concepts. Dr. Thomas Duening is the El Pomar Chair of Business & Entrepreneurship and Director of the Center for Entrepreneurship in the College of Business at UCCS. He is a 1991 graduate of the University of Minnesota with a Ph.D. in higher education administration and an M.A. in philosophy of science. He began his academic career as the assistant dean for the University of Houston’s College of Business Administration. There, he was also a visiting faculty member in the marketing department and a cofounder of its Center for Entrepreneurship & Innovation. UCCS College of Business 2015 ANNUAL REPORT