HPU CBA Newsletter, Spring Mar-Apr 2009
Hawaii Pacific University, College of Business Administration Newsletter, Spring Mar-Apr 2009
College of Business Administration Newsletter College of Business Administration recognizes and awards OUTSTANDING PROFESSORS ...see inside for details News from Hawai`i Pacific University College of Business Administration Hawai`i Pacific University College of Business Administration Message From the Dean Aloha! As we are wrapping up the Spring Semester we celebrate the success of CBA faculty members who are doing an outstanding job in the classroom. During the last Faculty Assembly meeting two full time and two adjunct faculty members were presented awards for excellence in teaching at the undergraduate and graduate levels. CBA professors have always done a stellar job in the classroom and these awards are given to the best of the best who go the extra mile to ensure that HPU students are well prepared by the time they graduate and begin their professional careers. We congratulate these professors and look forward to the continuation of their excellence in teaching. During summer the College of Business Administration will be expanding to include three master's degree programs that are currently housed in the College of Professional Studies: the Master of Science in Information Systems, the Master of Arts in Human Resources Management, and the Master of Arts in Organizational Change. It is with great pleasure that we welcome the faculty members teaching in these graduate programs to the College. There is no doubt in my mind that the synergy created by this change will allow the programs in the CBA to further grow by building on mutual strengths. We have had a vibrant semester in the CBA despite the global economic crisis the world is facing and bleak outlook forecasted by Dr. Leroy Laney in his latest report prepared for First Hawaiian Bank. Our EMBA Program welcomed HPU Trustee Steve Baker at the EMBA Distinguished Speaker Luncheon, where the EMBA students had the opportunity to learn from his experiences as a successful entrepreneur. The Entrepreneurship Center organized two seminars and has another one scheduled for spring with the objective of exposing our students to the knowledge and skills they need to become successful entrepreneurs. The Students in Free Enterprise (SIFE) Club competed in the regional SIFE competition and showcased the projects they are working on locally and globally. The Travel Industry Student Organization (TIMSO) ranked in the top three during the Club Carnival Competition. The list goes on and on. We thank all of the students and faculty members who continue contributing to the life of the College and wish everyone an enjoyable summer. U. Aytun Ozturk, Dean Editors: U. Aytun Ozturk, Ph.D. Mark Lane, Ph.D. Administrator: Janilee Mariano Inside this issue: CBA Recognizes Outstanding Faculty Members -- Excellence in Teaching Awards Steve Baker, HPU Trustee, Speaks at the Executive MBA Luncheon Management Program Features MBA Club Hawaii Welcomes Famous Amos Founder Susan Fox-Wolfgramm Named Program Chair of MBA TIMSO Awarded at Club Carnival TIM Educational Event 2009 TIM Students Awarded Scholarships TIM Alumni & Faculty Event Business Student Wins HPU Excellence in Undergraduate Writing Award Join the HRM Career--The Fastest Growing Career in Today's Global Society Jerome Agrusa Published in Journals & Makes Front Page of Honolulu Advertiser Lei Ahu Isa Featured in Hawaii Business News Magazine's Make Your Pitch Michelle Alarcon, Esq. Served as Judge in Loyola Moot Court Competition AMA@HPU 2009 Professional Mixer Students in Free Enterprise (SIFE) Credit Seminar 4 6 6 7 7 8 8 8 9 9 10 11 12 12 13 13 U. Aytun Ozturk, Ph.D. Dean College of Business Administration Hawai`i Pacific University Entrepreneurial Meeting: A Vision Over Crisis Faculty Highlights Alumni Updates 15 16 16 Page 4 College of Business Administration Newsletter CBA Recognizes Outstanding Faculty Members -- Excellence in Teaching Awards Full-Time Faculty--Undergraduate Teaching: Dr. Jerome Agrusa is a Professor of Travel Industry Management. He received his doctorate in Tourism Sciences from Texas A&M University and a Masters in Hospitality Management from the Conrad N. Hilton College of Hotel and Restaurant Management at the University of Houston. He has published over 90 refereed articles and conference proceedings and lectured or consulted in over 25 countries in the area of tourism and hospitality services. He is on the Editorial Review Boards of five journals. He also serves on the Board of Directors for the Asia Pacific Tourism Association (APTA) and is currently the President of the Travel and Tourism Research Association (TTRA)-Hawaii Chapter. He was recognized for his teaching abilities by being awarded Hawai`i Pacific University's 2005 Board of Trustees' Award for Teaching Excellence. This annual award is given to one faculty member who best exemplifies the ideals of distinguished teaching. Student Reviews: "This was a fun class. Although it isn't part of my major, it has interested me and has influenced me to learn more about the travel and tourism industry." Full-Time Faculty--Graduate Teaching: Dr. Leroy Laney joined the HPU faculty as a Full Professor in 1998, after broad ranging experience in banking, government, and other academic positions. His academic experience includes adjunct teaching positions at the University of Colorado at Boulder, Southern Methodist University, the University of Texas (Arlington and Dallas campuses), and the University of Hawaii at Manoa. He also held a joint appointment in the Economics and Finance Departments at Butler University in Indianapolis during the 1989-1990 academic year, and served there as Chairman of the Economics Department. From 1990 through 1998, he was Senior Vice President and Chief Economist for First Hawaiian Bank in Honolulu. He has served as Chairman of the Council on Revenues of the State of Hawaii, and as a member of the Market Research Committee of the Hawaii Visitors and Convention Bureau. Professor Laney has published widely in academic journals, the Federal Reserve and other bank publications, and in edited volumes and conference proceedings. He holds a Bachelor of Industrial Engineering from Georgia Tech, an MBA in accounting and finance from Emory University, and a Ph.D. from the University of Colorado at Boulder. Student Reviews: "Great job teaching! It's sometimes tough to sit through a lecture but you got to the point, used real -life examples and share impressive experiences that makes the lecture tolerable and understandable." Continued on Page 5 Page 5 Continued from Page 4 March/April 2009 Adjunct Faculty--Undergraduate Teaching: Malia Morrow-Sherwood has a degree in Communications and has another degree in progress in Travel Industry Management; she is currently an adjunct professor and part owner of a local business. Her approach to learning and life has helped her relate the diverse fields of travel, marketing, education, business, and events planning over the past 20 years. Malia's multi-level and multi-layered experiences impelled her to create a curriculum emphasizing the need for students to experience oral presentations, the basic marketing plan, and evaluation of the service encounter in the community. She is convinced that these skills will better prepare her students for potential success after graduation. Malia was recently married, is a mother and volunteers regularly to give back to the community. Student Reviews: "Malia, you are amazing! Thank you for giving me the desire to learn and understand what goes on in marketing!" "Mrs. Morrow is a fantastic teacher. Her enthusiasm and passion for this subject makes me want to learn. She genuinely cares about her students and challenges them to do their best. I feel I have learned a lot." Adjunct Faculty--Graduate Teaching: Bradford Harrison has worked in the investment securities industry for the past 26 years, and currently is Vice President of Private Wealth Management at First Hawaiian Bank. He has also worked as an adjunct in business management and marketing at HPU for 28 years. He is an avid golfer, body boarder, hiker and runner, and holds a second degree brown belt in Karate. He is current President of the Rotary Club of Downtown Honolulu, and a Board member of Damien Memorial High School. In 1985 he received his undergraduate degree from HPU, graduating Summa Cum Laude. He received his MBA in management in 1995 from Hawaii Pacific University. In 1997 he was voted Teacher of the Year by the American Banker's Association (Hawaii), and received a Distinguished HPU Alumni award in 2001. Student Reviews: "Professor Harrison is excellent. He is professional, yet adds a personal and local flavor to the class. He makes the class fun and interesting, at the same time educational. I wish he taught all my classes! I will definitely take more classes from Mr. Harrison. Keep him!" Page 6 College of Business Administration Newsletter Steve Baker, HPU Trustee, Speaks at the Executive MBA Luncheon Hawai`i Pacific University`s College of Business Administration`s EMBA participants gathered at the Indigo Restaurant for the Spring 2009 Executive MBA Distinguished Speaker Series to network and listen to a presentation given by Steve Baker, founder and CEO of Micronesia Registration Advisors, Inc., and the founding managing member of Palm Cove Capital, LLC. In addition to EMBA participants, MBA Faculty and HPU Administrators attended the event. Steve Baker, who is also a member of the board of Trustees at Hawai`i Pacific University, talked about his experience as an entrepreneur. He also explained what it takes to develop an entrepreneurial mindset and become a successful business owner. Dr. Aytun Ozturk, Steve Baker, and Dr. John Kearns Management Program Features The Management Program held a workshop for all HPU students to learn about our Management majors and to network with the HPU Management faculty on Wednesday, March 4, 2009, from 4-5 p.m. Approximately 40 people came and enjoyed delicious pizza, unique raffle prizes, and were able to learn about various aspects of the Management program. MGMT 4001D Business Policy welcomed Ms. Gayle Yamada, Director, Tiffany & Co. at the Ala Moana Center, Honolulu, HI as a guest speaker. Ms. Yamada shared her career experience working for a stellar company that has been around for 150+ years, and strategic information about what continues to make the company successful, despite the downward economy. Page 7 March/April 2009 MBA Club Hawaii Welcomes Famous Amos Founder MBA Club Hawaii is a student-run organization that strives to connect HPU's MBA students with the local business community and offers free consulting services to local businesses. Recently, MBA Club Hawaii had the pleasure of welcoming a special guest at one of their meetings, the founder of the Famous Amos cookie brand and current owner of the Chip and Cookie Company, Mr. Wally Amos. Mr. Amos founded Famous Amos 34 years ago, before moving to Hawaii in 1977 and opening the Chip and Cookie Company, which has two locations in Kailua and the Royal Hawaiian Center. Despite the turbulent economy and his company's struggling sales, Amos strives to maintain a positive attitude, and encouraged MBA students to have a strong sense of ethics, integrity, and to have fun in whatever careers they pursue. "I have been baking cookies with aloha and TLC for 34 years, and the key to success is to stay focused on answers and solutions, and to be positive, regardless," Amos told the group. As unemployment rates increase nationwide, many HPU MBA's are worried about what kinds of job opportunities will be available to them upon completion of their degrees. In response to these fears, Amos told the students, "Opportunity is everywhere; you just have to follow your instincts. If you are open to new experiences and learn to be part of a team, you will have success beyond your wildest dreams." Amos is in the process of branching into wholesale markets, and has plans to sell his famous cookies in the Navy, Marine, Army, and Air Force Exchanges, and cookie dough in California Costco stores. MBA Club Hawaii has done consulting work for a number of organizations by helping them develop marketing strategies. For more information on MBA Club Hawaii or to become a member, please visit www.mbaclubhawaii.com. From Left to Right: Jaclyn Funasaki, Loryn Guiffre, Wally Amos, Shigefumi Asage (back), Harue Takahashi Susan-Fox Wolfgramm Named Program Chair of MBA Dr. Susan Fox-Wolfgramm, Professor of Management, has been named the program chair for MBA Programs. Dr. Fox-Wolfgramm will oversee the MBA and Executive MBA programs and work with the faculty to continue improving the MBA program. Dr. Fox-Wolfgramm has been serving as Management Program Chair since August 2008. She teaches business policy/strategic management courses at the undergraduate and MBA levels. Page 8 College of Business Administration Newsletter TIMSO Awarded at Club Carnival At Hawai`i Pacific University's Club Carnival, the Travel Industry Management Student Organization (TIMSO) was awarded third place for the Booth Decoration competition. The booth was designed and built by the TIMSO Board of Directors lead by their President Gleanne Dimson. Congratulations to TIMSO for an excellent job. Pictured from Left to Right: Max Kienzler, Yang Li, Balrag Maan , & Dr. Jerome Agrusa TIM Educational Event 2009 The College of Business Administration (CBA) Travel Industry Management (TIM) program will host its annual educational event on Thursday, April 16, 2009 at the Waialae Country Club. This event celebrates the partnership between the travel industry and HPU in support of student achievements, and the theme will be Challenging Times makes for Creative Minds - How to begin a Successful Career in the Travel Industry. Guests in attendance last year were industry partners who have supported the TIM program as guest speakers, judges, shadowing sponsors, internship providers, and scholarship donors. They include Marriott International, ASTON Hotels and Resorts, Kahala Hotel & Resort, Castle Resorts & Hotels, Enterprise Rent-A-Car, Atlantic & Pacific Travel, East West Best Travel, Hawaiian Waters Adventure Park, Cirque Hawaii, AT Marketing, ACACIA, Hawaii Pacific Health, Pacific Beach Hotel, Prince Resorts Hawaii, and Tiki's Grill & Bar. For more information on the TIM Program, please visit www.hpu.edu/tim or contact Dr. Wendy Lam, Director of the TIM Program at 544-1450 or email@example.com. TIM Students Awarded Scholarships CBA would like to congratulate the following TIM students and alumni who were awarded scholarships in Spring 2009: Marilou Caoile - First Insurance Company scholarship Honza Hroch - CMAA scholarship Kaori Kumagai - First Insurance Company scholarship Balraj Maan- J. Watumull scholarship Jaclyn Saramosing - Steve Hirano ARDA scholarship Adva Yacobovich-ASTON Hotels and Resorts Scholarship; CMAA Scholarship Zhi Yang Yong � CMAA scholarship A big mahalo to the industry sponsors and great job everyone! Page 9 March/April 2009 TIM Alumni & Faculty Event On March 11th, 2009, the Travel Industry Management (TIM) program hosted its mid-semester "Meet the TIM Faculty and Alumni Event." The event was well attended with 40 students, 3 faculty, and two alumni. Students had the opportunity to network over a pizza dinner. Highlights of this event included special presentations by two TIM alumni, William Koo (Chief Marketing Strategist, Castle Resorts & Hotels) and Ivy Lin (Assistant Front Office Manager, Hyatt Regency Waikiki Resort & Spa) who shared their experiences at HPU, and the opportunities available after graduation. Both speakers inspired and encouraged students to take advantage of opportunities both in and out of the classroom, such as shadowing, internship, and volunteering for industry events. A big MAHALO to TIM faculty, TIMSO board members, and alumni speakers for making this event such a tremendous success! Business Student Wins HPU Excellence in Undergraduate Writing Award Mr. Andrew Hausker, Military Campus Program business major student, won the Hawaii Pacific University Excellence in Undergraduate Writing Award. He earned this honor with his MGMT 3100 (Business in Contemporary Society) term paper titled, "Coca-Cola." Page 10 College of Business Administration Newsletter Join the HRM Career--The Fastest Growing Career in Today's Global Society! The field of human resource management is one of the fastest growing areas of professional careers in today's global society. Growth nations such as Japan, China, and India have long recognized this field as an area of strength for the business division. Salary surveys in the U.S. for a career in HR show a starting entry level position earning from the mid- $20 thousand to a top HR executive level earning as high as $300 thousand. Salaries, of course, are affected by factors such as employer size, industry, employee credentials, years of experience and others. Careers available in HRM are extensive. There are entry level jobs such as human resource assistant and careers in employment, recruitment and placement, as well specialized careers in EEO (Equal Opportunity Employment), Training and Development, and Compensation and Benefits. Career progression varies among different companies, with positions ranging from HR assistant, analyst, generalist, director, manager, supervisor, to top executive titles of vice-president and senior vice-president. Human Resource Management is essential for every organization anywhere in the world. One of its important functions is to create dynamic policies and techniques that will help a firm improve the management of its people. The challenge for the HR leader is to create new options and possibilities to ensure a fit between an organization's strategic goals and an effective management of people. This career is recognized and supported by worldwide professional organizations in HRM that include the Society for Human Resource Management (SHRM), the Chartered Institute of Personnel and Development (CIPD), and the International Public Management Association for HR (IPMA-HR). In Hawaii, students are encouraged to participate in cocurricular activities by participating in clubs or societies in HPU such as the SHRM-Lokahi Club, a professional student organization. HPU recognizes the increasing need to supply talents in this growing field. HPU now has three undergraduate programs in HR. In Fall 2008, HPU will start to offer its newly revised HRM and HR Development degree programs and a new certificate program that will provide students with a deeper, more solid foundation in the HRM disciplines. HPU's BSBA Major in Human Resource Management has been revised to cover aspects of business as well as knowledge in planning, directing and coordinating human resource management activities in an organization. The new program incorporates essential knowledge on strategic use of human resources, compensation and benefits as well as other functions such as recruitment, personnel policies, and regulatory compliance. Graduates will have a strong functional HRM perspective with the behavioral skills to work effectively as HR professionals. Also, the degree prepares graduates for challenging management careers in any field. Another degree in the HR series is the Bachelor of Arts in Human Resource Development. This major provides the student with the opportunity to study the primary functions of HRM with a strong emphasis on the development of human potential in organizations in both the private and public sectors. It is a program which provides the student with a foundation built on the psycho-social model of effective human behavior. A new addition to this series is the HPU Certificate in Human Resource Management (CHRM). This undergraduate program provides a solid base of HR knowledge that includes 15 units of solid HR courses. Students majoring in other HPU programs who wish to gain this knowledge may apply for the certificate. Earning the HPU CHRM is a professional tool of advantage at all stages of the HR career and other business disciplines. Continued on Page 11 Page 11 Continued from Page 10 March/April 2009 HPU instructors combine real depth of management experience with cutting edge expertise in HRM theory and practice. Leading HPU's HR programs is Michelle Alarcon-Catt, Asst. Professor of Management. Prof. Alarcon formed a team of HR professionals from the University and the business community to create six new HR courses and the revised programs. Prof. Alarcon has over a decade of senior professional HR experience and served as senior vice-president of HR, as well as other top HR executive positions in major organizations in California, prior to teaching full-time for HPU. Prof. Alarcon proudly brings this knowledge and expertise in the classroom. Another prominent HPU instructor since 1997 is Mr. Henry Ku. Henry came to Hawaii and joined the City & County of Honolulu. He later transferred to the State civil service. While still in Hong Kong, he was an officer of the Hong Kong civil defense corps on a part-time basis. He served first as a rescue officer and was later given the command of one of the three regions of Hong Kong. Henry states "I always enjoy teaching and feel that it is my true calling. When I was working as a manager in the public sector here and elsewhere, I had the fantasy that one day I would return to teaching." It appears that his fantasy has come true. New instructors of notable ranks joined our pool of HR instructors. They are selected from their expertise in the field as well as proven record of teaching excellence. For more information about these three exciting new programs, contact: Michelle Alarcon-Catt, Asst. Professor: firstname.lastname@example.org. Jerome Agrusa Published in Journals & Makes Front Page of Honolulu Advertiser Professor Jerry Agrusa has recently published two articles in peer-reviewed journals. The first, titled "Tahitian Residents Perceptions of Tahiti as a Tourist Destination" was published in the latest volume of Journal of Tourism. This study examined the perceptions of Tahiti residents on the image of Tahiti as a tourist destination and the effects of tourism in Tahiti. In developing a marketing plan for a tourism product, Tahiti must understand exactly what perceptions local residents have about Tahiti as a tourist destination. More and more tourists want to come in contact with the local residents when visiting a tourist destination and the resident's perceptions of tourism in an area can greatly affect the visitors' experience. With an increasingly competitive tourism market, the perceptions of a tourist destination are critical to its image. The second, titled "Understanding Preferences and Characteristics of Japanese Tourists to Hawaii" was published in the latest volume of Tourism Analysis. The purpose of this study was to explore the differences in attitudinal and behavioral characteristics, and preferences of Japanese tourists in Hawaii according to key sociodemographic variables. This research is important to Hawaii's competitiveness with the Japanese tourists consisting of the largest segment of international visitors to Hawaii which has diminished by over 900,000 Japanese visitors per year over the past decade. The findings of this study could be helpful for all stakeholders, including local tour operators, the Japanese Tourism Board (JTB), and Hawaii's tourism officials. The results of Dr. Jerry Agrusa's Professor of Travel Industry Management research on the economic impact study for the Honolulu Marathon made the front page of The Honolulu Advertiser showcasing how research completed in the College of Business is widely accepted by local media and the community. Dr. Agrusa analyzed over 1,500 surveys with over 1,000 being in Japanese in order to determine the economic impact that the Honolulu Marathon has on the state of Hawaii. This is the fourth year that Dr. Agrusa has performed this study, which has resulted in a number of academic peer reviewed journal articles being published. Page 12 College of Business Administration Newsletter Lei Ahu Isa Featured in Hawaii Business News Magazine's Make Your Pitch In the January 2009 issue of the Hawaii Business News Magazine, "MAKE YOUR PITCH" section is dedicated to start-up small businesses that are seeking expert advice on their goods and services. Dr. Lei Ahu Isa was featured as one of the experts making a "Pitch" to the small business company called Hawaii Policy Portal. Through this portal, the public can easily submit testimonies to the appropriate legislative House or Senate committee by filling out an online form and hitting send. The owner, Mr. Kory Payne, is presenting a portal where information and government functions are made more transparent. Lei said that this portal would be a necessary tool for the public to use. They could submit testimonies more expeditiously and the "Quick Links" section would be crucial to its success. Notification of 48-hr. committee hearing notices makes this a terrific tool for any lobbyist or the general public to have since the turnaround time is so short. Michelle Alarcon, Esq. Served as Judge in Loyola Moot Court Competition Hawai'i Pacific University's Professor Michelle Alarcon, an attorney and alumna of Loyola Law School Los Angeles, California, served as judge in the preliminary rounds of this year's annual moot court competition for high schools in Hawaii hosted by Loyola. Previous years' judges included Lt. Governor Mazie Hirono and Governor Benjamin Cayetano. This was the eleventh annual competition which was held on Saturday, March 28 at Punahou School from 10:00am to 3:30pm. The Competition provides youths with the opportunity to learn hands-on about the legal process. Held in a courtroom-like setting, the mock trial addresses a hypothetical case based on a real U.S. Supreme Court case and is judged by a panel of Loyola Law School of Los Angeles alumni and faculty. Michelle Alarcon with winning school, Sacred Hearts Academy There were six schools that participated this year. The six were Hawaii Baptist Academy, Iolani, Moanalua, Punahou, Sacred Hearts Academy, and Waianae. Each school argued at least once before each panel of judges. The problem the schools argued about were based on a case currently pending before the US Supreme Court. Prior to joining HPU, Ms. Alarcon served as executive officer and vice-president of human resources for several multistate organizations in Los Angeles for over 15 years. She currently teaches management and business law courses in the College of Business Administration. Page 13 March/April 2009 AMA@HPU 2009 Professional Mixer The 2009 Professional Mixer hosted by the American Marketing Association at Hawai`i Pacific University chapter was a success. During the event, members were able to meet and network with marketing professionals and put to use their product development skills during a mini-contest held. The American Marketing Association at Hawai`i Pacific University plans to organize similar events during the upcoming semesters. For more information about the club, please email email@example.com. Students in Free Enterprise (SIFE) Credit Seminar On March 12th, HPU SIFE hosted a financial credit seminar at the Executive Centre. Thanks to the cooperation collaboration of HPU instructors, faculty, staff, and local businesses, the event attracted 70 attendees. John Nabers of Consumer Credit Counseling Service of Hawaii spoke about everything from credit scores and ratings to identity theft prevention. The seminar was a huge success. "I am very happy that many people showed up. Our immediate goal is to attract more participants from the community. In this economic downturn, our mission to empower our community through financial education has never been of greater importance." said Tomoko Furukawa, the project leader. The groups' next goal is to expand the credit seminars to other areas of Oahu, focusing on at risk and lower income communities. Any businesses, organizations, or individuals interested in helping to sponsor the next seminar can contact Tomoko at firstname.lastname@example.org. "We have the passion, resources, and desire. As a professional student organization, we envision creating a stronger, safer, and a financially sound community for all." she concluded. Page 14 College of Business Administration Newsletter Hawai`i Pacific University ENTREPRENEURSHIP CENTER OF COLLEGE OF BUSINESS ADMINISTRATION PRESENTS PAPPAS ENTREPRENEURIAL LEADERSHIP SERIES ENABLING SUCCESSFUL ENTREPRENEUR AND INVESTOR PARTNERSHIPS FRIDAY, 17 APRIL, 3 TO 5 PM ING DIRECT CAF�, 1958 KALAKAUA AVE, WAIKIKI, HONOLULU, HI 96815 PLEASE REGISTER ONLINE AT: http://apps.hpu.edu/eventmanager/web/index.php/registration/form?id=18 Building a successful relationship between the entrepreneur and the investor is key to ensuring that the new venture is off to a good start, is well managed and reaches its potential value. The 3rd Pappas Entrepreneurial Leadership Series will feature Dr. Heidi Kuehnle, President, Kuehnle Agrosystems LLC, Michael Pfeffer, Managing Partner of Kolohala Ventures, and Jason K. Lau, founder of TalkStory Productions as guest speakers. Dr. Jeffrey Crawford who is Consulting Psychologist at Executive Assessment & Development, and a HPU adjunct faculty, will facilitate the discussion. In a highly interactive format, they will share their perspectives, experience, and thoughts on a range of important topics that include what entrepreneurs and their investors should expect of each other. Questions also include what factors encourage or inhibit the successful building of the relationship leading to growth of the venture? Be ready for an enjoyable and informative session. There will be refreshments following the talk. Marilyn and Jim Pappas have made the Pappas Entrepreneurial Series possible with their generous sponsorship. Their contribution enables students to meet entrepreneurs and gain insights for developing entrepreneurial skills and mindset that are essential for success. We thank ING Direct for providing us with the venue. Please contact Dr. Bee Leng Chua at 808-687-7068 or email at email@example.com if you have questions. Page 15 March/April 2009 Entrepreneurial Meeting: A Vision Over Crisis As faculty, staff, and students discuss the impact of the economy on HPU and on the plans for its consolidation of colleges, the Entrepreneurial Center, via the Pappas Entrepreneurial Leadership Series (ENTLS), has dared to ask: "Will the entrepreneurial vision be the `engine' that pulls the organization through these troubled times?" The Pappas ENTLS hosted by Dr. Patrick Sullivan, CEO of Oceanit Laboratories, and Michael Paulin, chairman of Aqua Resort, Feb. 27 at the Plaza Club. Their success stories were a big part of the meeting, emphasizing the importance of optimism and hard work even when the economy is not at its prime. The topics included, "Technology and Tourism: The Entrepreneurial Vision for Uncertain Times," "Sustainability and Entrepreneurship," and "Entrepreneur and Venture Capitalist: Relationships from a Partnership Perspective." The two accomplished entrepreneurs also discussed how they view and strategically respond to the economic crisis. Dr. Bee-Leng Chua, Executive Director of the Entrepreneurial Center said Sullivan and Paulin "represent technology and tourism, two diverse sectors that have been greatly impacted by the downturn of the economy." Sullivan and Paulin answered questions relating to how the global downturn affects an organization's vision and strategy. They explored the expectations that investors and investees have of one another and ways to use communication to manage conflict effectively. Students who attended said that it was beneficial to meet entrepreneurs and business leaders. Chua added that students can relate what they learn in the classroom to the real world, "and that's what these meetings hope to accomplish." She added that the program invites entrepreneurs who want to share their experience and knowledge with the students. "Students enjoyed meeting entrepreneurs and hearing their stories about how they started their business and particularly how they overcome obstacles," Chua said, adding that this leadership series gave students an opportunity to learn about the positive values of tenacity, creativity, and hard work. The topic in the news is our nation's economic crisis and how it is affecting the aspects of our lives, and that apparently drew more students to the presentation than usual. "We had way over 80 people attending, Chua said. "In the past, we capped at 60. This time, it was oversubscribed so we had increased the number of seats." Chua added that she had students call and e-mail her at the last minute wanting to attend because the registration was closed. "I told them to take their chances and come anyway." Michael Paulin, Dr. Bee-Leng Chua, and Dr. Patrick Sullivan Hawai`i Pacific University College of Business Administration 1132 Bishop Street, Suite 504 Honolulu, Hawaii 96813 Phone: (808) 544-0283 Fax: (808) 566-2403 Faculty Highlights Dr. Jerome Agrusa had his research paper accepted on "Participative Tourism Development for the conference titled Traditions and Transformations: Tourism, Heritage and Cultural Change in the Middle East and North Africa Region", April 2009, Amman, The Hashemite Kingdom of Jordan. Dr. Susan Fox-Wolfgramm received a Faculty Development Grant for presenting her research paper titled, "Towards Student Learning How to Strategically Manage Themselves Before They Strategically Manage an Organization: A Unique Curriculum Design for the MBA Capstone Course," at the Hawaii International Conference on Business in Honolulu, Hawaii, May 2008. Dr. Leroy Laney just completed a study entitled "Measuring Tourism's Importance to the Hawaii Economy," which is published by First Hawaiian Bank. During Spring Break, he travelled to Guam, to conduct his third annual survey of the economy of Guam and the Northern Marianas, also to be published by the bank. Dr. Ernesto Lucas presented a paper "The Demand for and Prices of Single Family Dwelling Units in Hawaii, 1983-2000" at the 16th Annual Conference of the American Society of Business and Behavioral Sciences, held at the Imperial Hotel and Casino in Las Vegas, Nevada, 2009. Ken Schoolland was hosted by the Polish American Foundation for Economic Research and Education (PAFERE) on a speaking tour across Poland, including 15 schools and universities in 5 cities. The Arabic edition of his economics book for youth, Jamal Attaib, has just been published in Jordan. This is the 43rd language edition of the book. Alumni Updates Wendi Kagawa has been named a financial services associate for Prudential Insurance Company of America. Prior to joining Prudential, Kagawa worked as an intern at Merrill Lynch. She graduated from Hawai`i Pacific University with a degree in marketing and entrepreneurship. Noe Kanekoa took over the Kahului store of Jamba Juice after being the general manager at the Old Lahaina. Kanekoa graduated from Lahainaluna High School in 1999 and graduated from Hawai`i Pacific University in 2005. She worked at Jamba Aiea from 2002, was promoted to assistant general manager at Jamba Kaneohe and moved back to Maui in 2006. April Katada has been named financial services associate of the Prudential Insurance Company of America. Prior to joining Prudential, Katada worked with Bank of Hawaii and Bebe Inc. She majored in management at Hawai`i Pacific University. Alberto Maldonado has been named director of sales for ProService Hawaii. Maldonado is responsible for supervising ProService's statewide business development team. He was formerly vice president of front line at Wyndham Resorts and has extensive experience in direct sales, sales & marketing, telemarketing management, direct mail, and motivational training. He is a member of the Navy League of the USA, Surfrider Foundation, and Friends of K-Bay. Eileen Chu McQuian passed the CPA exam with high scores on all four sections. McQuian earned her MBA in Finance at Hawai`i Pacific University.