InfluenceSkills:AuthorityisOut;InfluenceisIn Presentedby Dr.AndrewUrich,AssociateProfessor of LegalStudies www.osubusinessextension.com
From the Dean
In times of tight budgets, most organizations cut back; however, the College of BusinessAdministration isn't like most organizations. We continue to move forward in innovative new directions. During the last year we have launched two new research centers (see page 5), began a new distance-learning opportunity (the M.S. in MIS), improved our career services operation (visit cba.okstate.edu/career), added a number of academic counselors, and we are currently enrolling students into our first Executive MBA class.
We are proud of this new program. When we were developing the Executive MBA Program, we considered every possible way to streamline the class schedule, minimize enrollment hasslesand add value back to our students and their companies. If you are a working professional looking to further your education, the EMBA Program could be the answer. I invite you to read more about the EMBA Program in this magazine or contact Frank Smith, the program director.
As always, I'm thankful for your support, and I welcome your suggestions for improvement.
DR. JAMES R. LUMPKIN Dean and Richard W. Poole Professor
,u, 11,r Researchers provide checklist for managers facing layoffs. (Page 9)
CBA Hall of Fame 2003 Inductees
Announcing:
+ The Executive MBA Program
+ The Center for Social and Service Marketing
+ The Center for Entrepreneurship and Economic Development
lonore, Professor Bob Hamm has made a difference in the lives of many students. (Page 11)
2nd Annual CEO Day Featuring:
+ Robert A. Farnsworth (PlayCore)
+ Steven). Malcolm (Williams)
+ Carl D. Thoma (Thoma Cressy Equity Partners)
Truman Scholar:Joe St.John Harriman Foreign Service Scholarship: Lauren Manners
o , 1 er ,,)
Left to right:
Jonathon Beene, Kelly Hamill, Lauren Manners, Danny Meyers, Jacob Millington, Preston Nicholson, Jodi Robinson and Kacie Turner Not pictured: Dana Rother and Angie Johnson (Page 12)
+ The B. Curtis Hamm Scholarship Fund + Rex Horning's Commencement Remarks
+ 2004 Top Ten Seniors
+ OSU Alumni Association Form
College Highlights Dean, College of Business Administration
R.
TI1eCollegeof Business Administration Magazine is published twice a year for the alumni and friends of the College of Business Administration at Oklalioma Scace University. Volume 9, Issue 1 (Tue Alumni/Development Issue). Spring 2004.
COLLEGE OF BUSINESS ~DMINISTRATION
Oklahoma State University
Stillwater, Oklahoma 74078-4011 USA (405) 744-5064
E-mail: osu-cba@okstate.edu Visit us online: cba.okstate.edu
Haney
of
Shelton/Shelton's Photography & Design
ROCKY DUCKWORTH
t ( 1oals High
Rocky Duckworth bleeds orange. He earned a B.S. in accounting in 1972, married an OSU cheerleader, and while he was the managing partner of the KPMG office in Oklahoma City, he made a point of hiring as many OSU graduates as OU graduates.
Duckworth is also a longtime supporter of the College. He is an active member of the School of Accounting Advisory Board and has served as president of The Associates. Duckworth even taught Dr. Lanny Chasteen's class for a day. (He came with lecture notes, handouts and overheads.)
Born in Frederick, Okla., he was a small-town boy who always set his goals high. As an accounting undergraduate, he impressed everyone as a mature, deep thinker. On the same day he graduated, he was commissioned a second lieutenant in the U.S. Army's Adjutant General's Corp. after being named a distinguished military student in OSU's ROTC program.
After completing his military obligation, Duckworth and his wife, Carol, returned to Oklahoma where he began a successful career at Peat Marwick. In 1981 he was elected into the partnership of KPMG. In 1984 he became partnerin-charge of the audit practice, and in 1987 he became the managing partner of the Oklahoma City office. In 2000, after 28 years in Oklahoma, Duckworth transferred to Houston where he became the audit leader for the Houston office's energy practice.
Duckworth is also involved in community service. He is a past president of Leadership Oklahoma City, the Arts Council of Oklahoma City and the Economic Club of Oklahoma. H~ served on the Board of Directors of the Greater Oklahoma City Chamber of Commerce, the Last Frontier Council of The Boy Scouts of America and the Oklahoma County Chapter of the American Red Cross to name a few.
Duckworth's life is not all work: He still finds time for fly-fishing in Idaho, snow skiing in Colorado and playing golf anywhere.
LIZ McKINLEY
Destined for Excellence
In 1995 after the deaths of a close friend and her father, OSU's Dr. Robert Norris, Liz Norris McKinley ('81 marketing & finance) stepped down as vice president of a large petroleum company and pursued her dream of starting her own business, which she did out of a bedroom in her California home.
By 2001 Pinnacle Petroleum, a petroleum and lubricant wholesaler and distributor, exceeded $35 million in revenue and was selected by SBC as Supplier of the Year for Outstanding Customer Service. McKinley received the Emerging Entrepreneur Rising Star Award from the National Association of Women Business Owners, and Working Woman magazine listed Pinnacle Petroleum as one of the Top 500 Woman-Owned Companies for the past three years.
McKinley, a Stillwater native, seemed destined for excellence even in college where her parents, both university professors, believed she would value her education more if she helped pay for it. McKinley waited tables, cleaned houses and worked at the Student Union Information Desk. She also managed to play an active role in the Tri Delta Sorority, served as homecoming chajr and repeatedly made the President's Honor Roll as she completed her double major in marketing and finance.
In 1981 McKinley began her career at Koch Industries in Wichita where she was hired as the company's first female trader. She continued moving up the ladder at various companies until she established Pinnacle Petroleum.
While McKinley oversees all aspects of her company, she still finds time for community service, which includes serving on the Board of Huntington Beach's Bolsa Chica Conservancy, chairing committees for the Homeowners' Association and being room-and-team mother at her children's school.
McKinley lives in Huntington Beach, Calif. with her husband, Peter, and their two children, Robert and Madeline.·
DENNIS REILLEY
Strong Basic Values
Being chairman, president and CEO of a Fortune 500 company hasn't changed Dennis Reilley ('75 finance) one bit. The qualities that his colleagues use to describe him today are the same ones his fraternity brothers in Sigma Chi used in the 1970s - honest, hard working and someone who could be counted on to do the right thing.
Born in Oklahoma City, Reilley followed his older brother to OSU where he majored in finance. Those who went to school with him are not surprised at his steady rise through Conoco and DuPont. While others may have been flashier and made bigger first splashes, Reilley made his mark by building relationships and taking time to consider the impact his actions and decisions would have on others.
Today, Reilley leads Praxair, a supplier of atmospheric, process and specialty gases with 25,000 employees and operations in 40 countries with annual sales of $5.1 billion. Praxair was recently named a top performing company by Barron's Magazine, and Reilley was named one of America's best CEOs by Institutional Investor.
Those who work with him describe Reilley as the kind of leader who is as comfortable with his workers in the field as he is in a high-powered boardroom. His reputation for responsible leadership has made Reilley much in demand for serving on advisory boards, which he does for the U.S. Department of Energy and the Marathon Oil Company.
Reilley credits OSU for preparing him and his wife, Cindy, (another OSU graduate) for the success they have enjoyed. As he puts it: "We feel that our OSU experience was an important part of our maturing process and did a lot to shape us as individuals:' The Reilleys believe so strongly in the value of an education that they recently established the Dennis and Cindy Reilley Endowed Scholarship Fund for deserving CBA students.
Last spring when Reilley was invited back to campus for the College's first CEO Day, he made an obvious impact on the students. They were impressed because he built a successful career by staying true to his basic values and beliefs. After meeting Reilley, they know they can do that, too.
REBEKAH PADGETT
Out~tJ. 1
This year's recipient of the CBA's Outstanding Young Alumni has come a long way from the Miss Apache Rattlesnake Festival. Today, Rebekah Padgett ('93 management and international business) is vice president for Strategic Planning and Business Development for Frito- Lay, Dallas. It's not surprising that she is in an important position so early in her career; after all, she graduated with 4.0 GPA and was selected as OSU's Top Senior and the CBA's Raymond D. Thomas Award Recipient.
Padgett's professors say she was a serious and dedicated student. She continued her education at the University of Texas and completed her MBA in three semesters, earning another 4.0 and top honors.
Her first job was with Payless ShoeSource where she managed all aspects of distribution for products, generating more than $100 million in sales.
Between 1996 and 2002, she was at the Boston Consulting Group where she advised Fortune 500 companies on strategy, operation improvements and corporate development. She was promoted to project leader and then f" manager, both, at the earliest tenure possible.
Now at Frito-Lay, Padgett drives the long-term strategic agenda for the company with revenues of $9 billion. She is currently managing three alliances in the test-marketing phase, which will then launch Frito- Lay into new categories of snacking.
Her colleagues would be the first to agree that the one quality that sets Padgett apart from other employees is her belief in team spirit. This no doubt was influenced by the "team" into which she was born: Padgett is the youngest of seven children who have earned a total of seven bachelor's and five master's from OSU.
31 2004
TheExecutive MBA Program
The College of Business Administration is accepting applications for the first class of its new 21-month Executive MBA Program, which stares July 31, 2004.
"The time for this is past due. We are proud to provide such a program for Oklahoma and surrounding states. I am certain chat managers, executives and their companies are going to appreciate the impact the EMBA Program will have on their productivity," says Dr. James R. Lumpkin, dean and Richard W. Poole Professor.
"We intend to work closely with our corporate partners and others to provide working professionals with the real-world instruction they need to make a difference for their careers and the companies they serve:'
The EMBA Program offers an innovative, integrative core of courses as well as the flexibility to include specialized electives around key, market-driven themes in business. Classes will be held every other weekend with no summer courses, except for an optional business refresher.
According to Lumpkin, courses will be taught by a dedicated, select group of top professors who are recognized for their expertise in their specific disciplines. These professors will encourage participants to use class discussions to develop ideas and explore how
Of BUSlNESS
ADMlNlSTRATlON
College of Business Administration
The Executive MBA Program 104D Business Building Oklahoma State University Stillwater, OK 74078 USA
Phone: (405) 744-1818
Fax: (405) 744-8064
E-mail: emba@okstate.edu
Web: cba.okstate.edu/emba
work experience relates to the latest developments in managerial thinking. Guest speakers from industry will join the professors on a regular basis.
"Today, business is global by definition, and we can best help culcivace a global perspective by offering an up-close look at how it works. That's why all of our EMBA students will cake a one-week international trip during spring break of their second year;' Lumpkin says.
EMBA students will also have hands-on learning experiences in state-of-the-industry labs like the CBA Trading Floor and the Telecommunications Laboratory. Near the end of the program, an integrative field project gives candidates a chance to demonstrate their mastery of business practices by designing a project specifically for their own companies. "It's also a great way to show some return on investment to the firm chat sponsored chem through the program;' says Lumpkin.
For more information contact Frank Smith, EMBA director.
> > EMBA applications are available 011/ineat cba.okstate.cdrl/ emb,1.
L. Lee Manzer, Professor and EMBAAcademicAdvisor
Dr. Manzer, professor of marketing, is the author or co-author of articles in the Journal of Small Business Management, The American Journal of Small Business, Psychological Reports, Advances in Consumer Behavior and International Marketing Review.
His current research interests include service culture creation and service quality. He has served on the faculty of Memphis State University and was a marketing research assistant, Dow Chemical Co.,Midland, Mich. He has presented service quality, goal setting and leadership material to more than 300 organizations and has taught more than 10,000 students at OSU.He has been the recipient of eight undergraduate teaching awards. He holds a B.A. (chemistry and mathematics), M.B.A.,Ph.D. (marketing) from OSU.
FrankSmith.EMBADirector
A graduate of Fairfield University in Connecticut, Frank Smith earned an M.B.A. at the University of Maine. He has held adjunct faculty positions at PaceUniversity in New York and the University of Brussels, Belgium. While in Brussels, Smith established a business education curriculum for IBM's non-financial executives in Europe. Later, as manager of IBM's programming education center in Dallas, Smith directed the education of IBM's computer programmers throughout the United States.
Upon leaving IBM, Smith was president of Master Training Services, Inc., which focused on information technology management and training. He designed and regularly teaches several executive and professional development courses. Before coming to OSU, he was director of the executive business education program at the University of Arkansas, Little Rock.
CENTER FOR SOCIAL AND SERVICE MARKETING
The Center for Social and Service Marketing is a new endeavor chat will provide basic and applied marketing research for social and service organizations.
The Center's director is Dr. Josh Wiener, head of the Department of Marketing and the Tom and Edna Mae Carson Professor in Business Administration. He has been the principal investigator of numerous contracts with the State of Oklahoma Department of Health and City of Tulsa.
Ocher marketing faculty whose research interest fall within the Center's domain include the following: Dr. Tom Brown (corporate reputation and servicemarketing), Dr. Gautam Chakraborty (data base marketing), Dr.John Mowen (consumer psychology), Dr. Marlys Mason (risk research) and Dr. L. Lee Manzer (service quality).
>> Foi-i,fonnation contact tl,c Depal'tment of Marketing
CENTER FOR ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT
The new Center for Entrepreneurship and Economic Development's mission is to foster entrepreneurship and economic development through education, outreach and research.
'The Center is under the direction of Dr. Vance Fried, professor of management, whose research interests focus on the venture capital industry and the management of firms financed by venture capital. His research has appeared in ·major journals.
Bringing additional expertise and energy to the Center is Department of Management's executive-in-residence, Jon Wiese ('78 finance & '81 MBA). He is assisting with the Center's activities, including various executive training opportunities. Wiese is president of Deep Fork Advisors, a strategy consulting and investment firm located in Tulsa. (See page 13 for more about Wiese.)
> > For information contact Dr. Fried
Phone: (405) 744-8633
E-mail: vl,fried@ohstatc.edu
Web: cba,okstatc.cdn
Josh Wiener
Marlys Mason
TomB1·own
Jon Wiese
Pia in Lead at Pia Core ROBERT A. FARNSWORTH
When Robert A. Farnsworth earned his B. A. in marketing from the College of Business Administration at OSU in 1971, he says his goal was simple: "Get a job and earn some money:'
"I certainly didn't sit down and decide that'my goal is to be the CEO of a middle tier manufacturing company: In fact, I probably didn't know exactly what that meant at the time I graduated. Instead, for me it was a matter of considering the 'next steps' in my career:•
Farnsworth, who now serves as CEO of PlayCore, Inc., a leading marketer and manufacturer of commercial and residential park and playground products out of Chattanooga, Tenn., insists it was that 'next steps' approach chat has helped put him in executive management roles for the last 20 years.
"For me ic was not a matter of focusing so much on che end goal ( of CEO). Instead, it was always asking what skill sets I needed to develop to go from one job such as a buyer to become a merchandising director and so on:'
Farnsworth shared that message and fielded several other questions directly from students during the CBA's second annual CEO Day. (Sec page 7 for CEO Day story.) He was able to draw from a wide range of experience on his own resume, which has included executive responsibilities at Pfalczgraff Company, Hartmann Luggage Group, Cluett Peabody Corporation and Federated Department Stores.
As for students' questions during CEO Day, Farnsworth admits he was somewhat surprised by the ethical concerns some expressed. "As I talked to them about business situations and decisions, their questions made it clear the problems at companies such as Enron and Tyco have had an impact in terms of ethical questions. I'm not sure I would have thought chat much about that area (ethics) when I was going through college in che early 70s;• he says.
He also encouraged graduating seniors to consider getting a job in areas where they have a natural interest." For instance, if a student happens to have a natural interest in a particular industry, he or she should look for jobs in that industry. That doesn't mean you must have a 'passion' for any specific industry in order to do well, I just think it helps:•
Throughout his career, Farnsworth has taken an active role in industry committees and activities, consulting in areas such as annual fund raising, political action programs and executive industry conferences. He currently serves on the Board of Trustees for the National Recreation and Parks Association, as well as on that association's executive committee.
Through efforts of PlayCore, Farnsworth is dedicated to the research and development of innovative products to fulfill the company's goal of providing enriching play activities to aid in child development. The company continues to work on the development of unique play products for special needs children and was recently recognized with the Spirit oflnnovation Award by the Chattanooga Chamber of Commerce for its efforts in this area.
~Jim Mitchell
JOE ST. JOHN SELECTED FOR TRUMAN SCHOLARSHIP
"I' hl " m speec ess.
Those are two words that no faculty member or student who knows Joe St. John would ever expect to hear from him.
The junior accounting major from Bixby, Okla. has hosted the CBA Talent Show for the last two years, served as vice-president of the Student Government Association (SGA), and campaigned and won the election for SGA president next fall. But this particular morning, he admitted he was speechless.
St. John had good reason. OSU System CEO and President David Schmidly had just informed him chat he had been selected one of the winners of the prestigious Truman Scholarship.
St.John was one of only 80 selected nationwide for the three-year, $27,000 scholarship, which is awarded co college juniors with exceptional leadership potential who are committed to careers in government, non-profit or advocacy sectors, education or elsewhere in the public service.
The scholarship includes a rather lengthy application that St. John admits he almost decided to ignore. "Bue once I started reading the questions and realized they really were
important for helping me sort out the public-service work I hope to do one day, I went for it. Talk about long hours. I probably went through eight or nine drafts, and then it was time to check the grammar!"
Once the written application was submitted, Sc. John had no idea as to whether he'd hear from the Truman Foundation again. When he did, the word came at a most inopportune moment. "I was right in the middle of the campaign for student body president when I found out I was a finalist for the
scholarship. That meant doing everything I could to practice mock interviews, so I would be as ready as possible for the Truman interview in Denver. It got pretty hairy sometimes, but I can now honestly say it was all worth ic;' says St. John, who won both the race to serve as SGA president as well as the scholarship.
President Schmidly was joined by St. John's family as well as faculty and staff who marched into the classroom together to make the surprise announcement. St. John stood at the front of the class preparing co make a presentation when the action began. "I looked up and saw about 20 people with balloons and cameras and stuff;' he says.
While Sc. John was speechless at the time, the same was not the case for the president, Dean James Lumpkin and professors, Bud Lacy (accounting) and Zane Quible (management), all of whom extolled his abilities and achievements.
"He helped me in my mayoral campaign, and we've worked together closely since he has served as vice president of SGA. I just couldn't be prouder and can't think of a nicer guy to receive this award. It is so befitting his character, style and personality;' says Lacy.
Sc. John says he intends to go to law school where he expects to focus on tax issues and corporate fraud as his area of public service. St. John is che 14th student at OSU to receive a Truman Scholarship since the program began in 1980. OSU leads the nation in Truman S~holarship winners.
Manners Selectedfor Harriman Fellowship
Lauren Manners ('04 finance) was awarded the prestigious Pamela Harriman Foreign Service Fellowship. The Edmond, Okla. native was one of only three selected for the scholarship, which includes an internship with the U.S. Embassy in London and $5,000 for travel and living expenses. "I received notification by e-mail, and as soon as I opened it, I just started screaming. It's such an'honor to be selected, and even more so to be the first student from the Midwest. I was competing against students from Harvard and Stanford, and those schools have quite a history of former Fellows;' she says.
Recently recognized as one of the CBA's Top Ten Seniors for 2004, Manners has already studied twice in the United Kingdom - once at the University of Hertfordshire during her junior year and once with OSU's Scholar Development summer course at Oxford University. She has also served as a student representative working for the British Council to promote ea.ucational cooperation between the U.S. and U.K., and she was an OSU Marshall Scholarship nominee last fall.
"I think it definitely puts OSU on the map for people like former Speaker of the House Thomas Foley and ochers who were members of tl1e interviewing panel. It shows what a great school and education we have here, and it certainly demonstrates mac our students can compete with the best."
1he Harriman Fellowship, established to inspire the best of each new generation to consider careers in public service, is named for Pamela Harriman who served as U.S. ambassador to France in the early 1990s.
Joe St. John and President Schmidly
ResearchYou Can Use
Layoff Survivor Sickness: A Prescription for Healing
A management professor has partnered with one of her former students in the private sector to offer the business world some key insights for handling difficult situations such as employee layoffs.
Dr. Margaret A. White, associate professor of management, and Suzanne M. Behr ('02 MBA), director ofVyvx Ads Operations for Wi!Tel Communications, Tulsa, have developed a checklist for middle managers trying to move the organization forward after a layoff has occurred. Their article, featured in Executive Excellence, outlines the ways managers can help layoff survivors redirect time, effort and energy.
The article, "Layoff Survivor Sickness: A Prescription for Healing,"lists four specific support areas - emotional, informational, directional and tactical - with succinct directions for managers to begin the refocusing process. Support for layoff survivors really needs to take place as soon as management decides the layoffs are unavoidable.
White says once the layoffs are completed, it is critical for immediate managers and team leaders personally to provide the social and spiritual support necessary to re-engage and re-energize layoff survivors. These leaders are close enough to assess employees' feelings, and those feelings will have a definite impact on company performance. Without management's immediate support and direction in specific areas, the researchers warn that companies can expect a range of reactions from apathy to hostility toward management and its organizational goals.
The first step in supporting layoff survivors, according to Behr, is for management openly to acknowledge the grief and difficulty that results from layoffs, while at the same time reassuring employees of their own importance - that they are the ones selected by management to stay and help lead the company into future success.
"TI1rough this strenuous time employees need to understand that just as they have to divide their loyalties between their family and
and Dr.
teamed
provide
on ways to help employees remain productive when they survive company layoffs.
their employer, the employer sometimes has to divide loyalties between employees and shareholders, which unfortunately may result in the business decision to layoff workers;' says Behr.
White and Behr recommend that managers provide the necessary information to answer personal questions about the layoffs, including statistics, finances and human-resource advice and suggestions. Along with critical information, directional support should offer employees insight on where the company is now headed and how each employee fits into the new picture.
Finally, there is tactical support - those specific actions that individuals and teams can take to help the organization move forward and enhance the company's chances of survival. The article points to chis section as the opportunity to provide each employee with specifics about what to do.
According to Behr and White, it is important to challenge yourself to greatness in the quality of your work and in the quality of your character and integrity. During stressful times, everyone has the opportunity to become a hero. Managers have an opportunity to show-true leadership and to build trust for the future.
~Jim Mitchell
Suzanne M. Behr (left)
Margaret A. White
up to
research
NEWCBA SCHOLARSHIPS
The College of Business Administration gratefully acknowledges its alumni who have generously established the following scholarships during 2003/04.
Mary Sue Butler Endowed Scholarship Fund
Established by Butler ('74 marketing).
James E. Holliday Endowed Scholarship Established by Ron McCord in honor of Holliday ('69 business & public administration).
Merlyn Lee Horn and Opal Tuttle Horn Endowed Scholarship Fund
J. Rhett Minson MBA Scholarship Fund
Established by Minson ('07 MBA).
Willard and Sherry Nahrgang Endowed Scholarship Fund
Established by Jennifer Nahrgang ('97 accounting & '98 MBA) in honor of her parents.
Alan and Cheryl Pearson
Endowed Scholarship Fund
Established by Chance Pearson ('02 finance) in honor of his parents.
Elmer Tepe Endowed Scholarship Fund
Established by Blake Schaufele ('02 accounting) in honor of his uncle, a former OSU student.
Kyle and Lucina Thompson
Endowed Scholarship Fund
Established by Kyle"('87 accounting) and Lucina ('8 7 marketing).
Erin Vance Endowed Scholarship Fund
Established by Vance ('97 MIS & '99 MSTM).
Karen Rider Yeaman Endowed Scholarship Fund
Established by John Yeaman ('63 management) in memory of his wife.
Academic Su ort for Graduate Business Pro rams
To continue our climb toward being ranked as one of the top 50 business schools, it is crucial that we have financial support to recruit the best graduate students. A by-product of building stronger graduate and doctoral programs is the positive halo effect it will cast over our undergraduate programs. Gifts to graduate programs will support the following areas: infrastructure (personnel, research information resources and physical space), curriculum enhancements ( case competitions), scholarships (research assistantships, summer research grants and professional conferences) and industry linkages (internship programs and corporate-sponsored research). While naming opportunities are available, gifts of any size will be appreciated.
Su ort Facult with Chairs & Professorshi s
The caliber of the CBA'.s educational strength and competitiveness is reflected by the quality of its faculty. Highly regarded in the academic world are those persons who hold endowed chairs and professorships. The presence of well-known professors on campus serves as a catalyst to both faculty and student enrichment. Private support is critical in helping to recruit and retain the best and brightest faculty to teach students and to continue important research that will bring prestige to the CBA. Because only earnings of the endowment are used to support these positions, an endowed chair or professorship becomes a perpetual source of funding. Each chair or professorship may be named for or by the donor, linking forever that name with a position that will be occupied by a continuing line of distinguished educators and researchers. Gifts to endow a faculty chair are matched by the State of Oklahoma.
There are two levels of endowed faculty positions:
1) Faculty Chair - Created through a donor gift of $500,000, equally matched by the State of Oklahoma, creating a $1 million endowment.
2) Professorship-Created through a donor gift of $250,000, equally matched by the State of Oklahoma, creating a $500,000 endowment.
Endowed Graduate Scholarshi sand Fellowshi s
You are invited to establish an endowed scholarship or fellowship to provide a continuing source of assistance for business majors. Besides making a positive impact on a student's future, an endowip.ent is an enduring tribute to the person being honored. An endowed scholarship or fellowship may be established with a minimum gift of $10,000.
"Teachin alwa s came first for me:'
The B. Curtis Hamm Endowed Scholarship Fund
Bob Hamm ('55 marketing & '61 MBA) is much more than a former professor to the many students who have sat through his courses during the last 38 years: He is a friend. That's why CBA alums have established an endowment to en-
1sure many more generations of students will experience his style of generosity. 1
"Many of the same individuals that I told to get a haircut if you want to be in the MBA program' are now teaching me some humility. I'm glad they've remembered me and, apparently, have forgiven me despite the fact that I was pretty direct with some of them;' says Hamm.
Now a professor emeritus of marketing in the College of Business Administration, Hamm graduated from OSU with an undergraduate degree in marketing in 1955, spent some time in the U.S. Army, worked five years for IBM and then took a leave of absence to enroll in OSU's new MBA Program.
The business faculty convinced Hamm he would make a great professor, so he enrolled at the University of Texas at Austin where he received his doctorate in business administration in 1966. Hamm returned to OSU as an assistant professor and soon became the director of the MBA Program. He was also the first director of the doctoral program in marketing, and he chaired its first three doctoral students. All three are still professors today.
"As much of an ego trip as it is to see your name on an article, teaching always came first for me. It was a challenge to see if the students could write articles for publications, too;' says Hamm. "I gave the assignments, and they produced the results. I knew they had the capacity:' He continues to add to his track record of"firsts" by conceiving and coordinating the College's annual CEO Day. (See related story page 7.) As one of the CEOs commented, "Bob is a great teacher and a philosopher of life:'
~Jim Mitchell
students' horizons. Last year OSU students traveled with him to Cuba's agricultural sector to explore its economic situation and to learu more about tl,e wlt11ral impact it 1,as had on local artists.
>> For information ,1bo11thow you can contribtitc to tl,e H,1111111 scholars'1ip, cont11ctus:
P/.,onc: (405) 744-8617
E-111,1il:o,11-cba@okstate.edu
lVcb: cba.okstatc.cdt1
'The CBA recently honored its Top Ten Seniors for tl1eir academic as well as extracurricular accomplishments."We are among the largest colleges at OSU, so CBA students really must excel to earn one of these top ten positions. This honor accurately reflects high levels of achievement, including both scholarship in the classroom and leadership outside the classroom;' says Dr. James R. Lumpkin, CBA dean.
The Outstanding CBA Seniors for 2004, followed by their major and hometown, include Jonathon B. Beene, accounting, Coweta, Okla.; Kelly R. Hamill, marketing, Wichita, Kan.; Angie L. Johnson, finance, Seminole, Okla.; Lauren C. Manners, finance, Edmond, Okla.; Daniel S. Meyers, finance, Tulsa, Okla.; Jacob A. Millington, accounting, Herndon, Va.; Preston S. Nicholson, management, Hominy, Okla.; Jodi E. Robinson, management with humanresources option, Stillwater, Okla.; Dana N. Rocher, marketing, Lawton, Okla.; and Kacie E. Turner, marketing, Blanchard, Okla. (See photo on page 1.)
WELCOME HOME, ALUMNI
You can stay connected for life! For more than 100 years, the OSU Alumni Association has provided alumni with connections to OSU.11,e College of Business Administration is committed co helping you stay connected with chis magazine and with its annual Homecoming Open House.
SHARE YOUR GOOD NEWS
The CBA invites all business alumni to share recent news. Tell us about your promotions, honors and activities, as well as marriages and births. Send your news or mailing address updates by e-mail to us at osu-cba@okscace.edu. Otherwise, mail us at: Office of Development and Alumni• 114 Business Building• Oklal10ma Scace University, Scillwacer,Oklal10ma 74078 USA. You may also fax us at: ( 405) 744-8956. To view Class Notes visit our web site at cba.okscace.edu. Pleasereturn in the enclosed envelope. Thank you.
Yes! I wish to join the OSU Alumni Association
(12 payments)
Enclosed is my check payable to the OSU Alumni Association ] Charge $___ to my [ ] Visa [ ] MasterCard Exp.Date___ _ Card#
Name Last First
M.I.
Welcome to Jon Wiese ('78 finance & '81 MBA), who has joined the College as an executive-in-residence in the Department of Management. In addition to teaching classes,Wiese will be involved with various activities of the Center for Entrepreneurship and Economic Development. (See related story on page 5.) Wiese is president of Deep Fork Advisors, a strategy consulting and investment firm out of Tulsa. He previously served as co-CEO of Xeta Technologies, a publicly traded systems integrator. Prior to the Xeta position, Wiese worked at Texas Instruments, ATT, and Lucent.
Congratulations to CBA alum Dennis Reilley ('75 finance). He was named one of Institutional Magazine's Top CEOs.Reilley, who was inducted into the CBA Hall of Fame and was one of last year's CEO Day speakers, is CEO,chairman and president of Praxair, a supplier of atmospheric, process and specialty gases, high-performance coatings and related services and technologies, based in Danbury, Conn. The Fortune 500 company has annual sales of $5.1 billion. (Seerelated story on page 3.)
ub i. ed
Dr. Frank Steindl, Regents Professor and the Admore Professor in Business Administration (economics), has conducted some detective work that offers insights on the nation's recovery during the Great Depression. The results are the focus of his new book, Understanding Economic Recoveryin the 7930s: Endogenous Propagation in the Great Depression, published by the University of Michigan Press.
Gr ,-warde
Steindl
The Institute for Research in Information Systems (IRIS) has been awarded a $50,000 grant from the U.S. Department of Education in cooperation with the Center of Excellence in Information Technology and Telecommunications (COEITT). The grant will provide funding for graduate student and faculty research on IRIS's CSCLIP(Computer Supported Collaborative Learning requiring lmmersive Presence). Visit IRISon line at iris.okstate.edu.
CB S de n e
If College of Business Administration students are to have a competitive edge when they enter the workforce, they need to gain vital experience earned as an intern. You can help. If you are interested in having a CBA intern work for your organization or are starting an internship program, please contact LindsayVallaster, internship coordinator for CBA Career Services.
aHast@okstate.edu
a.o state.eduft.areer
ddress: 112Business Building, OSU, S illwa~t=e"-"'_._,..._..,..'-"'--.
CBA Achievements ...
General Tommy Franks, a native Oklahoman, received rave reviews and a tremendous welcome as he spoke to sizable audiences in Tulsa and Oklahoma City in January. Media coverage was exceptional with all the major TV stations and newspapers in both metro areas on hand to document the visit of the four-star general who had stellar words for OSU,noting both his wife and daughter are graduates. Franks
Dr. Tracy Suter (marketing) was recently elected vice president for research and publications for the Society for Marketing Advances (SMA). He assumed responsibility during the society's 2004 conference in New Orleans where he also coordinated one of three modules of the SMA Doctoral Consortium.
Dr. Charlotte J. Wright, the Wilton T. Anderson Professor (accounting), co-authored a paper that was named the Best Paper in financial accounting at the 2004 conference of the American Society of Businessand Behavioral Sciences.
The paper was "Business Strategy and Earnings Management:'
The M.S. in Quantitative Financial Economics Program was one of only 25 programs invited to New York to participate in the National Final Mathematics Career Fair held at New York University. Wright
Dr. Nicholas J. Romano, Jr. (MSIS) has been appointed associate editor for the Journal of Information Science and Technology. He has also been appointed to the editorial review board for the International Journal of Enterprise Information Systems. Also, Dr. Dursun Delen (MSIS) has been invited to serve on the editorial board of the Journal of Information and Knowledge Management.
The MBA Program has changed its program to include a variety of enrollment options including, for the first time, a flex-time enrollment option for working professionals. For more information about changes to the MBA Program, go online to mba.okstate.edu.
CONGRATULATIONS! The 2004 MBA CaseTeam won first place after a two-day competition on the University of Oklahoma campus. The MBA team beat Baylor University, Iowa State University, University of Kansas,University of Oklahoma and University of Tulsa.Left to right: Dag Yemenu,Ethiopia; Kevin Mcconaghy, Shideler, Okla.; Dr. Robert Dooley, the Stinchomb Professorin strategic management and the MBA director; Emily Clurg, Stillwater, Okla.; Ed Rizzo,assistant MBA director; Autumn Hood, Westcliffe, Colo.
