UofL Biz Fall 2024 Currency Magazine

THE UNIVERSITY OF LOUISVILLE COLLEGE OF BUSINESS MAGAZINE

CURRENCY

Vol. 6 | No. 2 | 2024

SIPPING ON SUCCESS

Arielle Clark’s Journey from MBA to Community Impact

PG. 4

SPECIAL Entrepreneurship Issue (pgs. 4-13)

FALL 2024

IN THIS ISSUE POURING PRIDE

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STARTUP SPIRIT

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CARDINAL CHALLENGE

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NEW FACES

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BRIGHTENING THE FACE OF BUSINESS

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NAVIGATING NEEDS

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COLLEGE OF BUSINESS ALUMNI FELLOW

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NEW MINORS

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ALUMNI ALTRUISM IN ACTION

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CONTRIBUTORS Donna Clark, Betty Coffman, Christopher Dye, Sonja Faul, Erica Hulse, Jill Wegenast

TAKING BUSINESS CENTER CIRCLE

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FISCAL FORTITUDE

Chris Stivers earns Lowery Watkins, Jr., Endowed Chair in Finance Fellowship

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This magazine is a compilation of articles, notes, and interviews from the College of Business. To subscribe to the newsletter please e-mail currency@louisville.edu.

SELLING SUCCESS

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NEW LEADERSHIP. NEW PROGRAMS

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A RETURN TO CIVIL ENGAGEMENT

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HIGH SCHOOL STUDENTS. REAL COLLEGE EXPERIENCE

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THE THINKER: A STATUE OF REFLECTION & INSPIRATION

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GRADUATE BUSINESS STUDENTS’ INTERNATIONAL TRIPS

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REVOLUTIONIZING RESEARCH

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RESEARCH HIGHLIGHTS

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How an entrepreneurship class changed Arielle Clark’s life

Sergey Anokhin, PhD, celebrates freedom of entrepreneurship

Student entrepreneurs take a chance at startup money

The College of Business welcomes new faculty and staff

Eric Nelson earns big bucks to launch his entrepreneurial venture

Tanguy Bonicel’s project for Jeff Koleba’s Design Thinking course

Chris Dischinger is honored

CURRENCY Vol. 6 | No. 2 | 2024

The College of Business offers new minors for students

Ben Donlon leverages community leadership with an MBA

Basketball player Liz Dixon returns to UofL for an online MBA

Caroline Thomas worked to overcome challenges

Kim Mallory spearheads new Executive Education programs Currency is published by the University of Louisville College of Business Communications and Marketing Department.

The University of Louisville is an equal opportunity institution and does not discriminate against persons because of race, age, religion, sex, handicap, color, or national origin. ©2024 University of Louisville

Students assess the Center for Free Enterprise Program Undivide Us

Cardinal Bridge Academy students try out college classes

Some fun facts about our favorite Rodin work of art

Images from some of the trips our grad students took

How AI is aiding in faculty research

Compelling research and conferences

FALL 2024

FROM THE DEAN As the seasons change, we continue to see renewed energy and tradition across campus.

It’s always an exciting time to reconnect, celebrate, and embrace the vibrant spirit of our community here at the College of Business.

I want to take this opportunity to thank everyone who contributed to our “Raise Some L” day of giving.

Your generosity—whether large or small—directly supports vital initiatives such as the Cardinal Bridge Academy, Student Success programs, and our College of Business Scholarship funds.

These efforts are essential to the growth and success of our students, and we deeply appreciate your commitment.

Entrepreneurship is at the heart of what we teach and do here at the College of Business. It is a critical driver of innovation and growth not only for our students but also for the city and region as a whole. This issue of the magazine highlights many success stories born from that spirit of entrepreneurship, including our celebrated Cardinal Challenge, which continues to showcase the entrepreneurial talent and ambition within our students. We are proud to support and foster this kind of ingenuity, which is vital to the future of our economy.

We also continue to expand opportunities for our students by developing new programs designed to help them build the skills necessary for success in our community and beyond. Our new minors in Hospitality and Human Resources are just two examples of how we are evolving to meet the needs of an ever-changing business landscape.

We are also proud to recognize Chris Dischinger (‘90) as this year’s College of Business Alumni Fellow. As co-founder of LDG Development, Chris’s leadership and dedication to affordable housing have had a lasting impact. His support in launching our Real Estate Minor, coupled with his continued contributions to the community, exemplifies the values we instill in our students.

You can read more about Chris’s inspiring journey within this publication.

Thank you again for your continued support of the College of Business. Together, we are building a strong foundation for our future.

Jeff Guan, PhD Interim Dean College of Business

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Arielle Clark

SPECIAL Entrepreneurship Section

ARIELLE CLARK

by Erica Hulse

SIPPING ON SUCCESS

“Entrepreneurship was never something in my

up because I don’t want them to be overlooked

brain growing up,” shared Arielle Clark, self-

because what we do is essential. There are

described Black, Queer, Polyamorous Woman and owner of Sis Got Tea café in Louisville, Kentucky.

The published author, University of Louisville IT

social service agencies that are feeding people, they are keeping people in homes, but they need the business acumen to help them.”

SUPPORTIVE SIPS

Systems Engineer, and College of Business MBA

Growing up with her family members completing their undergraduate degrees at UofL, Clark purview of my family was, ‘Get bills paid, make sure explained that she “want[ed] to be different” and looked for a smaller campus in the Louisville everyone is fed’ type of thing.” area as part of her undergraduate academic Clark had not considered running her own experience. After deciding to apply for and being business until she was required to complete an accepted to Bellarmine University, Clark became entrepreneurship course as part of her graduate concerned about the cost of attending a private program in lieu of participating in the program’s university. She noted she was “fortunate enough to get a full-ride scholarship for all four years international trip. “I [said to myself,] ‘I’m never through a Bellarmine alumna named Angela going to be an entrepreneur, but I don’t have Mason,” a scholarship donor who also identified a choice. I have to take this class.’ That class as a black, queer woman. Like Clark, Mason had changed my life.” grown up in poverty and worked to overcome numerous personal obstacles, and she would Realizing her passion for business ownership eventually grow to become Clark’s mentor and as a means to give back to a community with friend. “She changed my life, not just with… whom she closely identified, Clark began to helping me pay for school, but also as a person,” research and develop a business plan that Clark noted. However, their shared identities were would eventually become an alcohol-free, safe only one part of their strong connection. space for marginalized community members. alumna shared that she “grew up in poverty, so…the

Embodying the spirit of entrepreneurship, Sis Got Tea is an inviting space that welcomes the LGBTQ+ community and all like-minded customers in the greater Louisville area while serving traditional and innovative tea selections. Clark’s vision has been featured nationwide in the Places.Travel article, “Pride in the ‘Ville: Discovering Louisville’s LGBTQ+ Neighborhoods,” and was recently featured on Marketplace, APM (American Public Media) business news podcast and website consultation experience. “The one thing I would do in my non-profit leadership circles is talk this

An entrepreneur in her own right, Mason launched a highly successful business and was able to retire early, focusing on giving back to the Louisville community through scholarships and volunteer work. Mason provided Clark with valuable guidance and insight upon graduation as she began her professional journey, particularly as an emerging entrepreneur. “As I moved through my career, got into IT, [and then] started my own business, I looked to Angela as my role model, and seeing a black, queer woman in a position of leadership, being able to do great things was lifechanging.”

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(continued from page 5)

INCLUSIVE INFUSIONS While her undergraduate experience with her scholarship donor and graduate experience with her entrepreneurship course may have changed her life, Clark’s commitment to bring to light the need for educational offerings in UofL’s MBA program related to diversity, equity, and inclusion has transformed the educational experiences of today’s graduate students in the College, bringing about positive change to not just programmatic offerings, but the lives of UofL business students.

While enrolled in the program, Clark identified a need for awareness and education surrounding DEI issues in the classroom and reached out to the College’s executive leadership and DEI committee about her concerns. That singular conversation resulted in a change within the structure of the MBA program, launching Inclusive Leadership, a professional development course that continues to be offered as a means of educating students about the detrimental impacts of conscious or unconscious bias, such as microaggressions, on marginalized employees.

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Sergey Anokhin

SPECIAL Entrepreneurship Section

STARTUP SPIRIT

by Erica Hulse

Russian Native Sergey Anokhin, PhD, Celebrates Freedom of Entrepreneurship, Helps Students Pursue Innovative Business Ventures “During Soviet times, ’entrepreneurship’ was a curse word,” shared Director of the Forcht Center for

“At 20 years old, I believed I needed something extra to make myself stand out in the job market.

A master’s degree seemed a logical way to do so.” Anokhin also noted that the decision was “incredibly serendipitous in that over the course of my master’s education, I developed a strong working relationship with a leading professor,

Entrepreneurship and Director of Innovation and Global MBA Programs Sergey Anokhin, PhD, when reflecting on his childhood in Voronezh, Russia.

At that time, Soviet citizens working for themselves were considered criminals.

However, when the state regulation of prices was lifted after the collapse of the Soviet Union, selfemployed

Russians aided in bringing the country back from a state of chaos. “Within weeks, empty store shelves were miraculously filled up with everything you needed. Entrepreneurs became heroes overnight,” he explained, “[and] it quickly became apparent that choosing business education was a way to establish a future for oneself.”

JOINT JOURNEY As business-focused professional institutions did not yet exist at that time in Russia, Anokhin instead made the decision to pursue a degree in economics, earning his bachelor’s degree at Voronezh State University. Determined to gain even more knowledge and build a successful career, he went on to earn a master’s degree in management.

Sergey Anokhin

which led me to pursue a doctoral degree.” While pursuing his PhD, he was invited to spend a year in the United States through the Russian Presidential Scholarship for Studying Abroad and agreed to pursue that opportunity, not knowing how FALL 2024 | CURRENCY Magazine |

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that decision would impact the trajectory of his professional life.

MISSION MENTORSHIP While studying abroad, Anokhin learned that current Russian business legislation would render his PhD dissertation obsolete in his home country.

“I was facing a choice of going back and starting from scratch or starting from scratch here,” he shared. “I fell in love with the US, so that choice was easy.” Once admitted to a doctoral program at Case Western Reserve University, which had one of the top 10 entrepreneurship programs in the world, Anokhin established a strong connection with one of the university’s professors, Bill Schulze, who eventually became Anokhin’s mentor. “Under his guidance, I slowly developed an interest in entrepreneurship as a field of research, and all these years later, it [still] keeps me motivated.”

PARTNERSHIP PIVOT Upon earning his doctorate, Anokhin’s teaching and research opportunities led him to multiple universities across the nation. “I have had the most rewarding career with academic appointments in Ohio, Minnesota, and Silicon Valley in California,” he shared. Eventually, he developed an interest in higher education administration and, after considering leadership opportunities, was hired at the University of Louisville in 2023. “There came a point where I developed an interest in administration as well. The position at UofL offered me a unique opportunity to try myself as a Director of the Innovation MBA – the top-ranked entrepreneurship program in the state and one of the leading programs nationally, in addition to my regular faculty duties.” Upon coming to the College of Business, Anokhin learned of additional appointments as Director of the Forcht Center for Entrepreneurship and Global MBA program that had become available. “I felt honored when Jeff Guan offered me to step up to these new tasks, and I took on these new responsibilities.”

NEW NICHE “From relocating to a new state to starting a new faculty position to assuming new administrative duties – it was overwhelming at times,” shared Anokhin when reflecting on his initial move to the Louisville area and taking on multiple leadership roles. “As a non-native English speaker, I remember hearing the phrase ‘to drink from a firehose’ for the first time. This phrase sums up my first year in Louisville pretty accurately.”

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While initially challenging, Anokhin focused on taking advantage of the wealth of experience, knowledge, and insights his colleagues shared, many of whom led other centers within the College. “The Forcht Center for Entrepreneurship has a long and fascinating history, and there were many things for me to learn, think through, and find ways to continue and develop,” he noted. “I approached this challenge as a person who works in the education industry would – I used every opportunity to learn from those who have done it before, including Bobby Garrett, Van Clouse, and the leaders of other important centers that we have – Ryan Quinn at the Center for Positive Leadership, Kathy Gosser at the Yum! Center for Global Franchise Excellence, and Candace Bensel at the Family Business Center.”

Expressing gratitude for the support of the College’s administrative leaders, faculty and staff, and entrepreneurs-in-residence, Anokhin elaborated the impact that support has made with innovative endeavors, such as the College’s annual Cardinal Challenge startup competition – the signature entrepreneurship event hosted by the Center. In only one year under Anokhin’s leadership, the 2024 event doubled in size in terms of team registration, community involvement, and financial backing. “I was incredibly lucky to receive the support of our phenomenal entrepreneurs-in-residence, Jack Manzella and Linda Ruffenach. Vernon Foster and Kent Oyler are unbelievably generous with their time, mentorship, and support. Kelly Watson, the events manager, is a force of nature, and her contribution to planning the 2024 Cardinal Challenge [was] enormous. Paula Sacher is doing so much to make sure our initiatives go as planned,” he elaborated. “So, it truly takes a village, and I am blessed to be in the best village possible.”

LONG-TERM LEVERAGING Looking toward the future, Anokhin plans for the Forcht Center to “continue building bridges – ­­ across campus and regionally,” through engaging students and collaborating with faculty at UofL in non-business-related fields such as engineering, arts and sciences, and healthcare. Additionally, he hopes to “deepen our engagement with major community organizations such as Amplify, Venture Connectors, and Render Capital.” He also spoke about the continued connection he and his faculty and staff are building with area high school organizations and students. “I would like to build on the progress we have made jointly with the Governor’s School for Entrepreneurs this past year,” he noted, “and to continue engaging with them for the Collegiate Pitch Competition.”

SPECIAL Entrepreneurship Section

CARDINAL CHALLENGE

Sergey Anokhin with the Artcorate Team and Jeff Guan

by Erica Hulse

The 2024 Cardinal Challenge gave UofL College of Business MBA student entrepreneurs a chance to step up to the plate and swing for the fences.

From mobile pet care services to in-home, ondemand personal chefs, these startup ventures had the opportunity to share their work and receive essential feedback on their concepts.

The competing teams were: Amicho, Artcorate, Chez, DoorOne, EAWO, FitSite, Nüks, Propel Optimization, and WonderPet Care.

Finalists Artcorate knocked it out of the park with their first-place win, earning $10,000, and DoorOne earned second place and a $5,000 prize. FitSite won the event’s fast pitch competition, sponsored

by UofL’s Center for Free Enterprise, bringing home $2,000. Cardinal Challenge winners Guerino Ascoli, Marco Bambek, Pascal Grün, Leoni Köhler, and Anna-Lena Volkmann shared their reactions when learning that Artcorate took the coveted title.

“Actually, it was a huge surprise; I don’t think any of us would have thought we would have gotten first place,” noted Volkmann, CEO. A welcome reception on Thursday evening announced the teams and allowed Cardinal Challenge attendees to connect one-onone with participating students via a team expo at the Speed Art Museum. Additionally, Cardinal Challenge founder, Co-Founder of the Entrepreneurship MBA program, and former Director of the Forcht Center for Entrepreneurship, Van G. H. Clouse, PhD, was honored with the Forcht Center for Entrepreneurship Lifetime Achievement Award, presented by the current Director of the Forcht Center for Entrepreneurship Sergey Anokhin, PhD. Clouse served as a faculty member for the College of Business for 33 years and left a legacy of entrepreneurship that continues today, providing entrepreneurial networking and potential funding opportunities through fast-pitch competitions and programmatic events.

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Friday’s events consisted of a first-round track competition with teams presenting in groups of three. Judges then selected one team from each group to participate in the final round. All teams participated in the fast-pitch competition. The day also featured keynote speaker Scott Koloms, CEO of Facilities Management Services (FMS), Founder of Canopy, and UofL graduate, who discussed his commitment to fostering employee well-being and leaving a positive community impact through exhibiting leadership that prioritizes mindfulness and meditation methods. Koloms also took a few moments to answer questions from event attendees.

support and are doing something the community cares about. Our mission at the Forcht Center is to contribute to the entrepreneurial ecosystem, so to be able to work with the board and with local leaders – that is priceless.” Anokhin also recognized the Forcht Center and College staff who had worked together over the past several months to conceptualize and produce the event.

“I feel an overwhelming sense of gratitude to the team that has helped me make all this possible,” he said. “Truly, the amount of work they have done is overwhelming. It’s not possible to do without people being on the same page and going above and beyond. I am humbled and wowed.”

Anokhin, who also serves as program director for the Innovation and Global MBA programs and associate professor of entrepreneurship, noted his appreciation for the growth of community support and involvement in this year’s event from the College’s Board of Advisors, from an increase in company and organization sponsorships to judges participating across a wider variety of industries.

“Seeing our board members support us by judging and sponsoring some of the prizes is fantastic,” he explained. “It means we have community

Presenting sponsors for the Cardinal Challenge competition were Brown-Forman and the UofL Forcht Center for Entrepreneurship. Innovation partners include Advance Ready Mix Concrete, Axiom Financial Strategies Group, the Center for Free Enterprise at The University of Louisville and the Office of Research and Innovation. Additional support comes from our Cardinal Supporters Dale Boden & Chenault Boden, Kent Oyler, Net Tango, Amplify Startups, Render Capital, and Alani Nutrition.

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WELCOME NEW FACULTY & STAFF The College of Business is proud to welcome its newest staff and faculty to the Cardinal Community.

These faces will help shape our students’ lives and enrich the University’s knowledge base.

KRISTEN CODY

SHELBY EISENBACK

Assistant Director Donor Relations & Alumni Engagement

Program Manager Admissions & Recruitment Equine Industry Program

LATASHA LEWIS

TA’SHANAE MARSHALL

SEYDA MARITOVA

MADAN MOHAN RAYGURU

ANNIKA REITENGA

LOGAN RICHARDSON

Department Coordinator III Dean’s Office

Assistant Professor Information Systems, Analytics & Operations

Admissions Counselor, Sr. MBA Graduate Programs

Biz Comm Coach

CHRISTINA DAVIDSON Biz Comm Coach

Corporate Outreach Coordinator International Center

Admissions Counselor, Sr. Undergraduate Programs FALL 2024 | CURRENCY Magazine |

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Eric Nelson

ERIC NELSON

BRIGHTENING THE FACE OF BUSINESS

by Erica Hulse

Rising student entrepreneur Eric Nelson is not only a junior finance major in the College of Business – he already has earned $6,500 toward the launch of dental software that has the potential to greatly impact dental patient communication and care. We recently had the opportunity to ask Eric some questions about his goals for his entrepreneurial venture, SmileFile, as well as his goals for the future.

UofL: Have you always had a desire to become an entrepreneur?

EN: I would not say I have always desired to be an entrepreneur, but over time, I just gravitated towards it.

I found that my favorite part about it was collaborating with others, especially professionals in their fields.

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Being able to learn from others and applying it to what I have come to love gives me energy.

UofL: How did you first develop the idea for SmileFile, and why is it a product you are passionate about sharing with consumers?

EN: I grew up in a dental practice. My mom was a dentist, and her father before that. The idea came from seeing the daily struggles my mom faced. From there, SmileFile came to life.

SmileFile is a passion of mine for a multitude of reasons. What I am most passionate about is being able to develop this software and business with my family.

My team consists of my brothers Brad and Ronan and are advised by my mom and stepdad, who are both industry professionals. Being able to work with them, I would say, is what I am most passionate about.

I am most excited about sharing this product with consumers, dentists, and dental professionals because

SPECIAL Entrepreneurship Section

it is something they need. I am excited to provide a positive impact on office efficiency and dental outcomes for patients.

UofL: What is the mission of SmileFile, and how does this product meet consumers’ needs?

EN: Our mission is clear—deliver an integrated digital platform that provides secure mobile access to treatment plans and dental records, and improves patient education, financial results, and dental outcomes.

UofL: We understand that SmileFile is a family business. Could you share more about your involved family members, their roles in the business, and how you feel they are able to offer unique and necessary contributions to your product?

EN: Yes! SmileFile is proudly a family-run business. I honestly could not be happier with our team. Currently, our team consists of my brothers, Brad and Ronan, who work in software sales and development, advised by my mom, Jennifer Hinshaw, a UofL School of Dentistry alumni, and my stepdad, Bill Hinshaw, who is a former CEO of a six-billion-dollar biotech company. Outside of our family, we are working with a professor at the UofL School of Dentistry, Dr. James Harrison, who is a published author. We have also been working with a global strategic marketer, Erik Hawkinson, who is a published author as well. With this strong team we will scale SmileFile and provide dentists with a service they desperately need.

aided you as a student entrepreneur?

EN: The College of Business has been very supportive, especially Dean Guan. He has been a huge advocate for me since the beginning. In the early stages of SmileFile, I went to [him], and he had so many resources to offer that put me in the position I am in right now.

UofL: How do you see SmileFile growing over the next few years, and what would you and your family say is the goal for your product?

EN: We see SmileFile growing rapidly through partnerships and organic growth. We will penetrate the market initially through our extensive network of dental professionals. Our goal is to become the universal dental patient portal.

UofL: How can readers learn more about SmileFile and contribute to the launch of your business?

EN: They can visit our website at smilefiledental.com and can help us grow by telling their dentists about our idea!

UofL: Is there anything else you want to share with our readers?

EN: UofL has so many resources to offer students. All you have to do is go out there and look for them!

UofL: We understand you have competed in several pitch competitions to raise funding for SmileFile.

What competitions have you entered, how did those competitions go for you, and how much funding have you been awarded thus far for your product?

EN: We entered the UofL ACC Inventure Competition, in which we placed first and were granted our first $1,000.

We have also competed in the Kentucky Governor’s School for Entrepreneurs, where we won $3,500. We were also granted $2,000 from the Cardinal Founder Program. For a total of $6,500 of grants and awards, all through the University!

UofL: Share your experiences presenting SmileFile at the 2024 ACC InVenture Prize competition. What was that experience like, and what are some of the biggest takeaways for you from that experience?

EN: Competing in the ACC InVenture was an amazing experience and will be one of my fondest college memories. My biggest takeaway from the weekend was meeting all the young entrepreneurs. Having the opportunity to connect with them was definitely my biggest takeaway.

UofL: How do you feel your undergraduate finance courses, and the College of Business as a whole, have FALL 2024 | CURRENCY Magazine |

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JEFF KOLEBA’S DESIGN THINKING COURSE

NAVIGATING NEEDS

by Erica Hulse

It’s 4:45 p.m., and your marketing professor is still lecturing. Finally, with ten minutes to spare and a ravenous stomach, you race out of the doors of Frazier Hall, determined to beat the rush of students in line at the SAC Chick-fil-A. Out of breath, sweaty, and side-eyeing that snack you see that squirrel in the quad has found, you let out an audible groan as you burst through the doors to the food court. Once again, you didn’t get there in time.

While dramatized, this type of scenario was an all-too-common occurrence for University of Louisville students like Tanguy Bonicel. The 14

| DESIGN THINKING

campus dining options and challenges at universities in the United States were not something the French international student was used to experiencing. He encountered difficulties with healthy dietary options at UofL due to various factors, such as campus dining locations closing early, difficulty finding quality dining options, and supermarket inaccessibility.

UNCOVERING UNDERSTANDING In the spring 2024 semester, his design thinking course, MKT 202, taught by College of Business instructor Jeff Koleba, challenged him and his classmates to explore new ways to solve this problem for Aramark, the company managing many UofL campus restaurants. Along with his group members, Tanguy had the chance to lean on his international perspective while learning more about American college dining differences and focusing on ways Aramark could engage more students with their meal plans using concepts central to design thinking.

Using AI, Tanguy and his project group developed a storyboard after completing interviews to present their proposed solution, which included food trucks. Depending on their location, this food distribution option would allow students to get food faster. Tanguy explained, “For example, students at the J.B. Speed School of Engineering need to walk to the SAC to get food, which is not ideal if they only have 45 minutes or an hour to eat due to walking and queue time. We suggested an app that would show where the food trucks are on campus and their menus.”

TEACHING THOUGHTFULNESS

Jeff Koleba

products and features.” A corporate marketer for over 15 years as a brand manager at Johnson & Johnson and ColgatePalmolive and as the head of marketing for Churchill Downs Racetrack & the Kentucky Derby, Koleba brings a wealth of strategic marketing insights to the College and his —Jeff Koleba course. His class is structured to educate students about developing empathy and understanding for clients and to generate ideas that will be of the greatest value to a client’s target audience. Koleba educates his students on a “useful approach to solving complex and ambiguous problems not just in business but in community and non-profit environments as well.”

DESIGN THINKING IS ABOUT HAVING EMPATHY FOR OTHER PEOPLE AND THEIR NEEDS

“Design thinking is about having empathy for other people and their needs,” shared Koleba, an advocate for the human-centric business strategy and lead instructor for the MKT 202 course. “[It is] an approach to innovation and problem solving that has become increasingly popular in modern business and is commonly referenced by companies like Apple, Google, and Tesla as a key part of how they develop new

FALL 2024 | CURRENCY Magazine | Tanguy Bonicel

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Jeff Guan, Chris Dischinger, and President Kim Schatzel

2024 COLLEGE OF BUSINESS ALUMNI FELLOW

CHRIS DISCHINGER ‘90 Chris Dischinger received his Bachelor of Science in Business Administration with a focus in Finance from the University of Louisville in 1990.

Dischinger is the co-owner and co-founder of LDG Development, which he established in 1994.

LDG is an award-winning multi-family housing developer specializing in affordable housing.

The company has developed over 26,000 units, more than 1 million square feet of industrial space and over 30 hotels. Dischinger also founded the LDG Development Foundation, which partners with local organizations such as Bezos Academy, Norton Healthcare, Arthur Street Hotel, Dare to Care, and YouthBuild to support community initiatives. His leadership and the foundation’s contributions were pivotal in launching the Real Estate Minor at the College of Business in the spring of 2024.

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FACULTYHIGHLIGHTS HIGHLIGHTS | ALUMNI

Dischinger has served as president of the Kentuckiana Real Estate Investors Association, the Kentucky Real Estate Exchangors, the Louisville Apartment Association and the National President of the Society of Exchange Counselors. He has been honored with several industry awards, including the Cliff Weaver Award for Most Creative Transaction by the Society of Exchange Counselors, Exchange of the Year by Kentucky Real Estate Exchangers, The March of Dimes Commercial Reach Award, the President’s Award

by Louisville Apartment Association, and the Louisville Business First Power 50.

Chris was recently appointed to the University of Louisville Board of Trustees by Governor Andy Beshear. His wife, Lisa, chairs the LDG Foundation and the Rita June Foundation. Chris and Lisa have two children and two granddaughters and reside in Louisville.

CORPORATE PARTNERSHIPS Discover a transformative collaboration opportunity with the University of Louisville’s College of Business Corporate Partner Program. By joining, companies gain priority recruitment strategies, direct influence on future educational skill sets, and engagement opportunities with our Cardinal Community. Enjoy executive education discounts, prominent visibility, and roundtable participation to shape today’s students and tomorrow’s leaders. It is completely free for companies to join.

To become a Corporate Partner, your company will need to commit annually, provide logo permissions, host our representatives once a year, and nominate a director-level representative for biannual roundtable meetings. Elevate UofL College of

Business at your company as a top choice for hiring interns, employees, and executive education.

GRADUATE INTERNSHIPS The College of Business Graduate MS Business Analytics and MS Accounting Analytics programs welcomed approximately 30 new students who will be searching for internships. Graduate interns may work new-to-them part- or full-time roles as long as they can apply what they are learning in the program to the role and will receive coaching and guidance from their direct managers. Internships must be vetted by the graduate internship advisors, and employers must complete a performance evaluation on the intern once a semester.

Thumbprint Consulting

COLLEGE ROLLING Human Resources Minor

by Erica Hulse

Skilled human resource administrators must ensure

CONNECTING COMMUNITY

quality candidates are hired and employees are

The institution of this new minor reaches beyond the UofL campus and connects students with influential HR executives. The first annual UofL College of Business Chief Human Resource Officer (CHRO) Roundtable event this past spring brought together top HR executives from Fortune 500 businesses who considered how growing technological advances may impact the field of HR. Mark Lagestee, CPO of Yum! Brands, John Ferguson, CHRO of NASCAR, Dr. Amy Dufrane, CEO of HRCI, and Alfred Frager, Alfred Frager PhD, discussed how HR representatives support the ethical use and successful deployment of AI in the workforce, as well as how we should use AI to support and automate HR efforts and practices while considering DEI laws, statutes, and initiatives.

Nearly 2,000 attendees participated in the live virtual event, with nearly 4,000 total attendees viewing the session on demand, including over 350 international participants.

supported. With this aspect of business in mind, the College of Business launched a new minor in human resources this fall.

The minor provides opportunities for students and faculty to engage with HR leaders in the Louisville area and beyond, and features College faculty who research and publish findings about current HRrelated management challenges.

ORGANIZATIONAL ONBOARDING Recognizing the continued growth of interest by students in the field of human resources, Assistant Professor of Practice, Management, and Entrepreneurship Alfred Frager, PhD, conceptualized the course of study to complement a student’s undergraduate degree program. The minor in HR prepares students for a variety of industries in many HR roles such as generalist, recruiter, employee relations specialist, instructor, benefits specialist, HRIS analyst, organization development specialist, internal DEI specialist, or HR team lead.

With the completion of six skills-based experiential courses, students will also qualify for a free Human Resources Certification Institute (HRCI) Associate Professional in Human Resources (aPHR) certification exam voucher, valued at $500 – a highly coveted certification for entry-level HR applicants.

There are more than 17 electives from which students can choose, providing a more tailored education to prepare for a specific HR role or function.

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RESEARCHING RESOLUTIONS Along with the need for HR courses and programming to address real-world concerns, faculty must maintain an awareness of current trends and issues within the field of HR. UofL Professor of Entrepreneurship Carl Maertz has more than 30 years of real-world

OUT NEW MINORS Hospitality Minor

experience as an organizational consultant and researcher in various areas of HR. Continuing to research and publish articles regarding current HR staff issues, Maertz focuses on high-impact Carl Maertz areas of employee turnover, work-family conflict/balance, expatriate adjustment, and workplace creativity, appearing in top research journals.

FLEXIBLE FUTURE In addition to more courses, exciting new HRrelated programming is on the horizon for upcoming semesters due to the successful spring 2024 inaugural CHRO roundtable event.

New HR internships with our corporate partners are also available for interested students through the Ulmer Career Management Center.

With a new HRCI student group in development through the College, in addition to the Society for Human Resource Management (SHRM) group based in the College of Education and Human Development (CEHD) and other potential cross-college collaborative projects, there are growing opportunities for students to learn more about HR, get involved with campus professional organizations, and put into practice critical elements of HR through an internship experience.

The University of Louisville College of Business is thrilled to announce a generous $500,000 gift from the Louisville Hotel Partnership to establish a new minor in Hospitality Management.

This initiative is a pivotal step in equipping our students with skills needed to thrive in Louisville’s vibrant tourism and hospitality industry.

The new Hospitality Management Minor will offer students of all majors a comprehensive curriculum, focusing on essential skills such as operations, service quality, and financial analysis in the hospitality sector.

The program will also provide invaluable experiential learning opportunities, including internships and coops, facilitated by our industry partners.

With this gift, we are not only enhancing our academic offerings but also strengthening the pipeline of qualified hospitality professionals in the Greater Louisville area. This partnership reflects our commitment to fostering industryrelevant education and ensuring our graduates are well-prepared to meet the demands of the rapidly growing hospitality sector.

We are excited to collaborate with local hospitality leaders to shape this program and look forward to its launch in Spring 2025.

MORE NEW MINORS FROM THE COLLEGE OF BUSINESS Franchise Entrepreneurship Women in Entrepreneurship STEM Entrepreneurship Social Entrepreneurship Business Communications FALL 2024 | CURRENCY Magazine |

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ALUMNI

ALTRUISM IN ACTION

by Erica Hulse

BEN DONLON, NEWLY APPOINTED YPAL PRESIDENT, LEVERAGES COMMUNITY LEADERSHIP WITH MBA Newly appointed Young Professionals Association of Louisville (YPAL) President, and 2016 Professional MBA graduate Ben Donlon is committed to leveraging skills developed throughout his graduate program both in his professional work in the nonprofit sector and through his leadership across volunteer organizations in the Louisville area.

We had the opportunity to connect with Ben and learn more about how he is utilizing his dual roles and community recognition to develop networking opportunities for young Louisville professionals and his plans for the future.

UofL: What made you decide to earn your BS and MBA at UofL? BD: I wanted to stay close to home while still experiencing something new and forging my own path. Coming from a smaller town, the city of Louisville itself was very attractive to me as a high school senior, and I saw UofL as the perfect mix of familiarity and new opportunities. I decided to 20

| ALUMNI HIGHLIGHTS

continue my educational journey at UofL with the MBA program for two main reasons. Firstly, despite earning a degree in actuarial science, my aim was to enter the business world, and I felt that obtaining an MBA would provide the best opportunity for this transition. The program at UofL was very hands-on and had strong ties to the local business community, which was crucial for me. Secondly, my relationship with Vernon Foster at the College of Business was a significant factor. Although I was considering other universities, he convinced me of the value of staying local and continuing to impact the Louisville community. Overall, UofL provided a supportive and dynamic environment that played a big role in my growth, both personally and professionally.

UofL: What about your MBA experience was most memorable for you, and why did that leave the greatest impact?

BD: The most memorable part of my MBA experience was definitely the international trip to Seoul and Taiwan. This trip wasn’t just about tourism; it was a deep dive into another country’s economy, providing insights and experiences you simply can’t gain as a typical tourist. The opportunity to immerse ourselves in different business environments and cultures was invaluable.

Additionally, the time spent with my cohort team during this trip created some of the best memories of my academic career. These experiences not only broadened my global perspective but also

Ben Donlon

strengthened my bond with my peers, which have had a lasting impact on my life and career.

UofL: How do you feel individuals can benefit from earning their MBA at UofL? BD: Getting your MBA at UofL is a solid move for a few big reasons. First off, the program isn’t just about hitting the books; it’s super handson. You get to dive into real projects, often with local businesses, which really preps you for what’s coming in your career. Plus, you’re not just learning; you’re actually doing.

Then there’s the network. UofL has a strong community of alumni and local business ties. This network can hook you up with job leads, advice, and support long after you graduate. It’s like being part of a club where everyone’s got your back.

UofL: Tell us about your current position and what you enjoy most about that role.

BD: I’m using my expertise in analytics and operations as a consultant to help small businesses better utilize their data. This shift allows me to tackle diverse challenges across different industries, helping organizations harness the power of data to innovate and grow.

What I love most about consulting is the opportunity to help people and companies grow. Growth is a core value of mine, and there’s something incredibly rewarding about using my

skills to help good companies become great.

Each project brings new challenges and learning opportunities, which keeps the work exciting and fulfilling. Being able to see the tangible results of my efforts and knowing I’ve made a positive impact is what drives me every day.

UofL: What other professional goals do you hope to achieve, and why?

BD: In the short term, I’m focused on expanding my consulting business. I plan to dive deeper into specific industries where I can make a significant impact. This aligns perfectly with my passion for helping businesses leverage data to grow and improve. I’m also always looking toward new ventures that disrupt historic industries with innovation. I walk around constantly thinking of how to improve different aspects of life, and I even have a running note on my phone that tracks these ideas.

Starting new businesses that can introduce fresh ideas and technologies excites me, as it allows for creative and strategic thinking.

In the long term, my goal is to buy and transform existing businesses. I see great potential in revitalizing companies with untapped opportunities and applying strategic changes to unlock their full capabilities. This approach not only promises substantial growth for the businesses involved but also for my professional journey, offering continuous learning and new challenges.

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UofL: How did you first become involved in YPAL? BD: I first became involved in YPAL through the Ambassador program a few years ago. It was a great opportunity to dive into what YPAL was all about and really see the impact the organization has on the community. Joining as an Ambassador allowed me to meet other young professionals and get hands-on experience with the various initiatives and events that YPAL supports.

UofL: What have you enjoyed most about your experience in YPAL? BD: What I’ve enjoyed most about my experience with YPAL is the sense of community and shared purpose.

Similar to my time at UofL, being part of YPAL allows me to work alongside a diverse group of people, all striving to make Louisville a better place. It’s incredibly rewarding to be surrounded by individuals from various backgrounds, each bringing their unique perspectives and ideas to the table. Learning from each other and collectively pushing for positive change in our community is what I find most fulfilling about being involved with YPAL. UofL: What do you hope to achieve during your tenure as YPAL president?

BD: During my tenure as YPAL President, my main focus will be on continuing to execute our three-year strategic plan, of which we are now in the second year. There’s been a lot of learning so far, and I’m excited about what’s ahead. One of my key goals is to amplify the voice of young professionals in the Louisville community. Too often, we are an afterthought in important conversations. I want to ensure that the young professional perspective becomes essential in discussions that shape the future of Louisville. By doing so, we can contribute to making Louisville a better place for everyone.

UofL: Why do you feel young professionals in the Louisville area could benefit from joining YPAL? BD: I believe young professionals should join YPAL because there is truly something for everyone. Whether it’s attending events at cool places, meeting people with similar or diverse backgrounds, getting involved in boards, or volunteering in the community, YPAL offers a range of opportunities to make an impact. We’re very intentional about providing these opportunities to everyone, whether you’ve lived in Louisville your entire life or it’s your first week in town. YPAL helps young professionals connect, grow, and contribute to making Louisville a better place.

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LIZ DIXON

TAKING BUSINESS CENTER CIRCLE by byErica EricaHulse Hulse

Wherever basketball may take her, Online MBA (OMBA) student Liz Dixon has the athletic and academic skills to dribble her way around the challenges of completing a rigorous master’s program while living the life of a professional athlete in Italy.

Having earned her bachelor’s degree in business while playing as a forward for the women’s basketball team at the University of Louisville from 2018-2023, Dixon knew she wanted to continue her educational journey by earning her MBA at the College of Business. However, having been recruited by the Women’s National Basketball Association (WNBA) to participate in a training camp and play briefly for the Phoenix Mercury, Dixon recognized that whether training or playing professionally in the U.S. or abroad, her already hectic schedule would require a flexible graduate program if she were to succeed as an athlete and student. “[I said,] ‘There’s no way I’m going to be able to do this in person just because of how crazy my life is.’ So, when I did more research and saw that there was an online option, I knew that was the best thing for me, and it’s definitely been a great experience so far.”

PROMISING PIVOT Dixon wasn’t always passionate about basketball; however, she recognizes that the sport has allowed her to travel internationally and play alongside some of the world’s most talented female basketball players. “My story is different from a lot of other athletes because I never had that. ‘Oh, I touched the basketball at three years old and fell in love with it immediately.’ That was never my story. All my life, I was told, ‘Hey, you’re tall.

You should play [basketball].’ Then I fell more in love with the game as I got better, as I was seeing results.”

Over time, her joy for basketball grew with her realization that the sport was also a way for her to do something of great importance to her and her parents: Photo courtesy of UofL Athletics

attend college and earn her undergraduate degree.

“My parents are very big on education,” she shared.

“They’re from Nigeria. Playing basketball was a way to go to school because school is very expensive.”

Upon enrolling, her parents encouraged her to consider a medical career, yet Dixon instead felt drawn to the business world. One day, when she went to work with her mother, a nurse, she met a co-worker whose background helped her realize the academic path she wished to pursue. “He had a business degree with a medical background. So, I thought about that, and then I did an internship on campus with UofL Health, which does a lot of great work with our student athletes.”

FULL COURT SUPPORT From the experience of working with her student team members to exploring her Cardinal Choice assignment, Dixon noted some of the most impactful moments she has encountered in her OMBA program. She also shared how other cohort members, faculty, and staff have worked to assist her despite unusually challenging circumstances, such as significant differences in time zones. “They have been super-duper flexible with me,” she shared, reflecting on her student team. “A lot of the time, our meetings would be at 7 p.m. for them, but it’s 1 a.m. for me. Whenever I need additional time or even more assistance, they are always there. I really like my group.”

While there are many benefits to the online learning platform provided for OMBA students, Dixon also shared some of the most significant challenges. “I’m not going to say, ‘Oh, it’s online – it’s so much easier.’ No, it’s not. You still have to do the work. You still have to do most of the learning yourself because you’re not going to a class. This is not an easier journey, but…it’s definitely worth it.”

While still in Europe, Dixon plans to return to the States later this spring to attend a WNBA training camp in Minnesota. During that time, she will continue to work toward completing her MBA, with plans to graduate in the spring of 2025 and build a career around business and healthcare. She noted, “I’ll still be taking classes while I’m there, so I’m not going to be missing anything.”

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and has an important role in the economy, valuing uncertain future cash flows and allocating investment funds to their most productive use. After graduating from UofL’s Speed School, I served as a nuclear-trained naval submarine officer. With my engineering and math skills, and strong interest in business and finance, I applied for finance PhD programs and earned my PhD in financial economics from the University of North Carolina at Chapel Hill.

UofL: Why did you become a finance department faculty member in the College of Business at UofL?

CHRIS STIVERS

FISCAL FORTITUDE

by Erica Hulse

Chris Stivers, PhD, Earns Lowry Watkins, Jr. Endowed Chair in Finance Fellowship Recently named as the Lowry Watkins, Jr. Endowed Chair in Finance, PNC Professor of Banking and Finance Chris Stivers, PhD, strives to elevate the Finance Department in his role as department chair.

He took some time to share with us what earning this fellowship means to him, and how he has worked to aid the Finance Department in continued growth.

UofL: How did your interest in finance evolve, leading you to earn your PhD in Financial Economics?

CS: Growing up, I read Money magazine and other finance periodicals, and financial markets always intrigued me. Finance is a fascinating, dynamic field 24

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CS: After serving for 12 years on the Terry College of Business faculty at the University of Georgia, I learned of the opportunity at UofL. The College of Business at UofL was on an upward trajectory, both in terms of new programs and in research, with Dean Charlie Moyer and with a number of recent strong faculty hires. The combination of the excellent opportunity and the closer proximity to family persuaded us to make the move.

UofL: What are some of the most rewarding experiences you have had as a faculty member and as the Finance Department chair at UofL? CS: The development of the Real Estate Minor and the student-managed fund course have been especially rewarding. We are already seeing placement success for our students. It is also rewarding to have such a strong and collegial finance faculty who do a great job both in the classroom and in research. Finally, it has been rewarding to publish 17 peer-reviewed research studies since arriving at UofL, with 13 of those articles being in journals regarded as Elite on the College of Business’s list and/or as a top-rated publication on the wellregarded ABDC (Australian Business Dean’s Council) journal ranking list.

UofL: What published research have you conducted that is most important to you, and why?

CS: My best-known paper, Stock Market Uncertainty and the Stock-Bond Return Relation, was the first to show that the correlation between stock returns and Treasury bonds (as the two largest financial asset

classes) tends to be more negative following episodes of high risk (as measured by the implied volatility derived from S&P 500 equity-index options). This paper was published in the top journal, the Journal of Financial and Quantitative Analysis (JFQA, 2005), which is a Financial Times 50 journal. This paper is currently a top ten cited paper in the JFQA for papers published in the last 20 years, with 491 citations in other published papers. Further, since 2009, the Kansas City Federal Reserve Bank has published a monthly `Financial Stress Indicator’ index. Their stress index includes the recent correlation between stock and bond returns as an input, credited (in part) to this JFQA article.

More recently, my paper in Real Estate Economics (2024) is important to me because it establishes new perspectives on how inflation shocks are related to public real estate returns, and this subject area relates to our new real estate minor. I also have a paper that was just accepted in Financial Management (2024), which shows that time-variation in the US equity premium is captured well by a parsimonious model with the CBOE’s implied-volatility index VIX and market sentiment. The equity premium declines linearly with sentiment but increases nonlinearly with VIX, stepping up appreciably when VIX exceeds a threshold around its 80th to 85th percentile. This paper should be of high interest to both academics and practitioners.

UofL: Why do you believe prospective students can benefit from choosing to pursue a finance degree at UofL? CS: Finance jobs remain plentiful, and finance can be a rewarding and fascinating career choice. The finance BSBA program at UofL provides students with both a strong business breadth background in all core business disciplines (accounting, marketing, management, and CIS) and a strong ‘deep dive’ into finance with two courses in corporate finance and additional courses in international finance, investments, financial derivatives, financial markets and institutions, and a capstone case-based finance class. At UofL, students are encouraged to work in internship positions while earning their degree and they can earn up to six academic credit hours in their finance degree through this work experience.

Louisville is where business takes place in Kentucky, providing a rich environment for business exposure and internships for students. With the new Real Estate Minor and other minors and certificates at the COB, students can complement their finance majors in a variety of interesting and professionally rewarding areas. The Finance Department also offers a handson course where students manage an actual real-life stock portfolio.

THE LOWRY WATKINS, JR. ENDOWED CHAIR IN FINANCE FELLOWSHIP Chris Stivers, PhD, PNC Professor of Banking and Finance, talks about what being named the Lowry Watkins, Jr. Endowed Chair in Finance means to him.

CS: I am deeply honored to be named the Lowry Watkins Jr. Endowed Chair in Finance. Being named to such a prestigious endowed chair position is a long-term goal of probably every research professor as they start out. It is the culmination of over 25 years of work, with 27 published research studies and over 2500 citations.

The endowment will benefit the College by providing funds to support both my teaching and research. On the teaching front, for example, I have used some of the funds to subscribe to investment data and analysis services for use by the students in our student-managed fund class (FIN 402). This access helps students in their stock research and in their learning about financial markets. On the research front, the endowment earnings support my scholarly activities, including data access, travel to present my research, and summary salary support to enable research time. One of the important markers of a strong research school is the existence of multiple endowed chair positions. So, the department is deeply appreciative to Lowry Watkins for his important help in this area.

Lowry Watkins, Jr.

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CAROLINE THOMAS

SELLING SUCCESS

by Erica Hulse

Spring 2024 Outstanding Graduate for the College of Business and Outstanding Graduate for Marketing, Caroline Thomas, represented the College as banner bearer at the UofL spring commencement ceremony. We had the opportunity to connect with Caroline and learn more about how she worked to overcome the challenges of beginning college amid the COVID-19 pandemic, being a financially independent student, becoming a leader among her peers, and securing a position within sales development at GE Appliances.

UofL: What made you decide to earn your bachelor’s degree at UofL? CT: I chose to earn my bachelor’s degree at the UofL for several reasons. First, UofL’s strong academic reputation and diverse range of programs appealed to me. I was confident that pursuing my degree there would provide me with a high-quality education and valuable skills for my future career. Additionally, UofL’s vibrant campus atmosphere and sense of community were major draws for me. I was excited to engage with a diverse student body and participate in various campus activities and organizations. Furthermore, UofL’s location offers unique opportunities for internships, networking, and cultural experiences.

I knew that being in a dynamic city with a rich history and thriving industries would enrich my college experience and broaden my horizons.

UofL: What made you pursue your bachelor’s degree in marketing?

CT: I’ve always been fascinated by the intersection of creativity and strategy in the business world, and marketing seemed like the perfect field to explore this interest. Growing up in the age of smartphones and social media fascinated me with 26

STAFF HIGHLIGHTS | STUDENT &HIGHLIGHTS

how these would impact the world around me, so marketing was the perfect major to explore further. Moreover, I recognized the immense importance of marketing in today’s competitive marketplace. Whether building brand awareness, creating compelling advertising campaigns, or analyzing market trends, marketing is pivotal in helping businesses connect with their target audiences and achieve their goals. I was drawn to the idea of being at the forefront of driving business growth and innovation through strategic marketing initiatives.

UofL: Have you experienced any challenges in this field of study, and if so, how have you overcome those challenges?

CT: Starting college during a global pandemic meant that the traditional college experience I had envisioned was far from reality. The transition to remote learning, limited social interactions, and uncertainty about the future created a sense of disorientation and isolation.

As a result, I struggled to find my footing and adjust to this new normal. Over time, after getting involved on campus in many different organizations, I was able to find my footing and adapt to the “normal” college experience.

UofL: What faculty members most left an impact on you during your time in your undergraduate program and why?

CT: There are too many to count, but Kenneth Hartung was one of my first in-person professors post-COVID-19. Professor Hartung has always been a resource for me – whether looking for jobs, looking over resumes, being a listening ear, etc. Without him, his guidance, and his funny quips through lectures, I would likely not be where I am today.

Kathleen Gosser, one of my virtual professors, quickly became a mentor in my life. Dr. Gosser taught me so much about franchising, how

Caroline Thomas

franchising impacts everything around us, and how achievable franchising is.

Steve Gohmann was never my teacher, but I interacted with him throughout my involvement with the Center for Free Enterprise. As a financially independent student, I relied heavily on all scholarships I could apply for. One that immediately piqued my interest was the semesterly reading groups that the Center hosts. Since the spring semester of my freshman year, I have participated in the Center’s reading groups. These reading groups have immensely opened my eyes to the world around me and how economics and politics impact the business world every day.

UofL: What experiences are you taking away from your time in the College of Business and UofL? CT: My time at UofL has afforded me numerous opportunities for personal and professional growth. By serving as the former College of Business President, CoB Student Council President, raiseRED Sponsorship Coordinator, Kappa Delta Sorority member, and many other roles, I have been able to engage in campus organizations, participate in networking events, and attend guest lectures that have allowed me to expand my horizons, develop leadership skills, and build a strong professional network.

Moreover, being part of UofL’s vibrant and FALL FALL 2024 2024 || CURRENCY CURRENCY Magazine Magazine ||

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diverse community has enriched my college experience in countless ways. Interacting with individuals from various backgrounds and cultures through my roles as a Student Orientation Staffer and Student Success Ambassador has broadened my perspective and deepened my understanding of global business dynamics.

UofL: What does being selected as the Outstanding Graduate of the College of Business and the Outstanding Graduate for Marketing mean to you?

CT: It is an immense honor and deeply meaningful to me on many levels. First and foremost, these accolades validate the hard work, dedication, and perseverance I’ve poured into my academic and extracurricular pursuits throughout my time at UofL. They represent the culmination of countless late nights studying, pushing through challenges, and striving for excellence in every aspect of my education. Moreover, being recognized as an outstanding graduate is significant because of my journey to financial independence and selfsufficiency. Throughout my college years, I have taken on the responsibility of supporting myself financially, relying on a combination of student loans and diligently applying for scholarships to fund my education. This recognition acknowledges my academic achievements and underscores the resilience and determination I’ve demonstrated in navigating the financial challenges of pursuing higher education independently.

to connect with professionals in the marketing field. Building a strong network can open doors to internships, mentorship opportunities, and potential job offers. It’s also crucial to stay updated on industry trends by following relevant publications, attending webinars, and participating in workshops to ensure you’re equipped with the latest knowledge and skills needed to thrive in the competitive marketing industry. Furthermore, hone your written and verbal communication skills to effectively convey your ideas and connect with your audience, as effective communication is at the heart of marketing. Lastly, embrace creativity in your campaigns, strategies, and problemsolving approaches to stand out in a crowded marketplace.

UofL: What plans do you have after graduation?

CT: After graduation, I plan to embark on a new chapter with GE Appliances as a Sales Development Program Associate. This opportunity entails a comprehensive two-year program where I’ll immerse myself in contract sales for the first year, followed by a deep dive into retail sales in the subsequent year.

This structured approach will provide me with invaluable hands-on experience and a solid foundation in both sectors, ultimately paving the way for a successful transition into the dynamic field of sales.

UofL: What advice would you offer students considering pursuing a degree in marketing?

CT: Firstly, take advantage of elective courses to explore different facets of marketing beyond the core curriculum. Exploring diverse areas within marketing can help you uncover niche interests and potential career paths you may not have considered before. Secondly, seek internships, co-op programs, or part-time jobs related to marketing to gain hands-on experience in the field. Practical experience enhances your resume, provides valuable insights into the day-to-day realities of working in marketing, and helps you develop essential skills that cannot be learned in the classroom alone. Additionally, take advantage of networking opportunities within your university, industry events, and professional organizations 28

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Caroline Thomas

EXECUTIVE EDUCATION

GROWING PROFESSIONAL DEVELOPMENT OPTIONS The College of Business Corporate and Executive Education team is growing, and is excited to be adding some great new programs to our public offerings based on the wants and needs expressed by our business community.

Lean for Healthcare: Learn how Lean and Theory of Constraints can transform your patient care unit or clinic by putting these concepts and tools to work in the classroom through interactive exercises, a full-spectrum patient care simulation, and the sharing of best practices with a room full of other healthcare professionals.

PROGRAMS FOR INDIVIDUALS

FRANCHISE LEADERSHIP

AI Essentials for Executives: Artificial Intelligence is everywhere, but it can be difficult to actually get your arms around exactly what AI encapsulates and just how it can be applied to your organization.

Accelerating Unit Expansion: For those managing multiple franchise units, this program will teach franchise fundamentals, unit economics, leadership, customer experience, and included infield activities. This is a six-month program.

ProStart: If you are just embarking upon your career, this 2-day program will give you tools and skills to jumpstart your career success. Or, if you are an HR professional who hires and mentors new college grads in their professional pursuits, this is a great program to add to your company’s onboarding processes.

Accelerating Enterprise Growth: This oneyear program addresses leading in a franchise environment at the highest level. Growth success factors, leadership development, interactive case studies, and a three-day residency in Louisville all add up to a transformational education experience.

Project Management: Whether you intend to sit for the PMP® exam through the Project Management Institute, or you simply want to learn project management techniques that you can easily implement in your daily work, we have a program for you.

NEW PROGRAM OPTIONS FOR ORGANIZATIONS Cardinal Suite (C-Suite) Strategic Modules: Onehour virtual, live sessions taught by our faculty on topics of your choice. You can include up to 50 people for each module, which is great when your workforce is spread across time zones.

LEARN MORE

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NEW LEADERSHIP. NEW Executive Education Expert Kim Mallory Spearheads New Program Initiatives

by Erica Hulse

Senior Executive Director for Corporate and Executive Education Kim Mallory has made a career out of launching initiatives and programs to help graduate and executive-level learners succeed.

Initially coming to UofL as Executive Director for Graduate Programs at the College of Business, she soon established herself as a leader amongst her peers.

Having recently stepped into her new role focused on executive education, we spoke with Mallory about how her work in the College is shaping the growth of her and her department.

UofL: How did you feel about being asked to take on the role of Senior Executive Director for Corporate and Executive Education?

KM: My career has focused primarily on two areas of business education – graduate programs designed for working professionals and non-degree executive education programs. So, when the College had a need for executive education expertise, I was glad that I had experience that could be helpful. I initially came into the unit at UofL in a temporary capacity during a time of transition while continuing in my graduate program role. It didn’t take me long to remember just how much fun [that] world was. Working with Alex Bryant, Manuela Perri, and Julijana Curcic in that temporary capacity is [another] reason why I was thrilled when this role became permanent for me in July. [They] are a team that is small but mighty. I have been so impressed by their knowledge and dedication that coming on permanently [was] an easy decision.

UofL: From your perspective, what defines a leader, and how does your department provide the greatest opportunities for leadership growth?

KM: Most people end up in leadership roles because they are really good at what they do. If you are a highperforming engineer, for example, you will usually get 30

| EXECUTIVE EDUCATION

tapped on the shoulder at some point to take on more responsibility and lead projects and people. But, as a technical professional, you don’t have any education or training in what it takes to lead well. This is where an executive education course can help leapfrog a professional into being an effective leader by teaching them some core leadership concepts and providing a practical toolset for thinking, communicating, and acting like a leader. [Another] notion is that we must wait until we are in a leadership or executive role to lead.

We can lead from where we are. We have courses that expose [professionals] to these concepts in a low-stakes, high-impact environment that positions them well for promotion and success.

UofL: As artificial intelligence (AI) is used by many businesses daily, how is UofL’s Executive Education Department providing education for leaders using this emerging technology?

KM: We have just launched our first open enrollment course on AI, which is targeted at business leaders who are responsible for formulating and supporting AI strategies in their organizations. These leaders don’t need to know how to build AI models, but they do need to understand the strategic advantages of the different kinds of models out there and what they need to begin.

It is focused on building out a customized strategic roadmap for their company. This course demystifies AI and brings it to a practical business use level that all executives need to make good decisions about implementation in their own organizations.

UofL: What future opportunities will your department be providing individuals who want to develop their leadership skills?

KM: We are launching the new Professional Skills Accelerator Certificate in the spring, [which] is designed to empower individuals with a comprehensive set of skills and competencies that are essential in today’s dynamic workplace. We are also offering our first course focused

PROGRAMS. on the healthcare industry. With Lean for Healthcare, we are bringing the powerful transformational tools of Lean to patient care settings, which bring about lasting change. We [also] continue to build dynamic custom programs for organizations that focus on specific, strategic goals. With additional expertise in topics such as the business of distilled spirits, strategic AI, and Lean for Healthcare, we look forward to working directly with more organizations on custom options.

Are you or your team members interested in developing your professional skills through executive education courses?

Visit business.louisville.edu/academicsprograms/execed/ to view our suite of offerings to see what you can learn.

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A RETURN TO CIVIL ENGAGEMENT

by Donna Zinser Clark

The Center for Free Enterprise kicked off its fall Menard Family Lecture Series with a Movie Night/ Discussion examining the toxic polarization gripping our nation. Undivide Us is an awardwinning documentary focusing on many Americans’ inability to civilly discuss divisive topics and offers hope that with empathy and tolerance, respectful conversations are possible between people who hold very different points of view.

Following the screening, Dr. Ben Klutsey, who appeared in the film, led a discussion about how attendees could use what they learned from Undivide Us in their own lives and communities.

We asked some of our students who attended the event to share their takeaways from the movie and discussion.

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Undivide Us highlights the importance of face-to-face dialogue in bridging divides.

It emphasizes how humanizing each other can shift perspectives and foster understanding, especially in our current climate where social media often escalates conflict. The “us vs. them” mentality can be detrimental; we often see others through the labels we assign them instead of seeking to understand them. Initiatives like these from The Center for Free Enterprise play a vital role in breaking down these communication barriers, encouraging students to engage with differing viewpoints and build empathy with one another. - Apollo Avery, Junior Business Administration major

I think that Undivide Us provided a great perspective on political conversations. I agree with Dr. Klutsey that most people today are afraid to have political discussions, and I think it is important for people to understand how to not be polarizing when they disagree with one another. I think it is great that the Center offers this type of programming … as it was very effective at teaching my age demographic about how to have effective political conversations.

-Luke Beaver, Sophomore Accounting major

I thought the movie was a wakeup call to America that we are not as divided and intolerant of each other as much as we think.

The discussion afterwards strengthened that view as everyone asked very considerate and thoughtful questions aimed with bipartisanship in mind. - Andrew Goodwin, Sophomore Economics and Finance major

Undivide Us was a powerful film that helped students understand why having hard discussions is important. The movie created awareness for the College of Business population on being more open to opposite views. Furthermore, the ensuing discussion showcased the willingness of many individuals to engage in difficult discussions, highlighting the importance of such conversations. Having events such as Undivide Us helps students be more engaged and connected to campus.

- Mariana Meneses, Sophomore Business Administration major

I thought [the movie] was impactful and eye-opening. Many people today are closed off to discuss differing opinions and controversial topics so as to not offend anyone.

This showed a different experience. It created a safe space for people to not only learn about different views, but also to understand why someone believes [what they do]. This is something that has been lost recently. The Center for Free Enterprise offers a space for people to express their beliefs but also to learn about different perspectives. Having the opportunity to expand my knowledge of government, politics, and societal differences alongside peers is impactful. - Alexis Mowen, Senior Business Administration major

Undivide Us was an extremely insightful movie. The US has fallen into the “Us” versus “Them” mentality, so discussing difficult topics with empathy is essential to help combat this; it’s important to see our neighbors with more nuance and grace than with idiocracy. The Center for Free Enterprise should offer more programs like this because it is imperative to have tough conversations that may feel slightly uncomfortable. Today, people are either afraid of speaking their ideas because they might offend someone, or people have strong values and automatically judge someone who differs from them. Overall, having a space to talk with others who may differ from you is very valuable.

- Mia-Fan Williams, Sophomore Computer Information Systems major

LEARN MORE About the Center for Free Enterprise

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HIGH SCHOOL STUDENTS.

by Erica Hulse

“Higher education has slept on an untapped wellspring of talent,” shared Raymond Green, EdD. “The Cardinal Bridge Academy (CBA) is tapping that well to offer more students access to higher education.”

In 2018, Green’s shared goal with College of Business colleague and fellow CBA founder Nat Irvin II, DMA, of “doing something bold, yet with common sense – something innovative, yet simple” would help underserved high school students. This goal came to fruition in 2020 through the launch of the CBA, largely in part to a generous donation from Yum! Brands. “We wanted to give students access to higher education through pathways other than a traditional test score while also identifying talented students that test scores overlook by providing the opportunity for students to show they can do the work taught by our faculty.” Four years later, the CBA is still providing area high 34

| CARDINAL BRIDGE ACADEMY

school students in underprivileged areas of the city the chance to experience life as business students at the UofL. CBA students complete dual credit or University credit by taking UofL classes and gain access to mentoring and career preparation assistance with local corporate partners, giving them a distinct advantage when applying for admission to the College.

HOLISTIC HELPING HANDS Unlike similar programs that focus on only one or two areas of opportunity, the CBA encompasses dual credit, mentoring, aiding students in developing a vision for their future, and providing avenues for students to build their sense of self and self-esteem. CBA Program Director Lexus Gardner believes that each of these values is a necessary tenet for student success. “We focus on holistic support — academic preparation, scholarship writing, and mentorship, while also ensuring that

REAL COLLEGE EXPERIENCE. students are well-versed in navigating the higher education system,” she explained. Understanding the first-generation student experience on a personal level, Gardner has a unique grasp on the challenges that can come from feeling lost and alone while navigating a new, unfamiliar educational environment. “As a first-generation college student, I know how overwhelming the higher education system can be. I joined CBA because I wholeheartedly stand behind its mission—to create more accessible pathways to college,” she shared. “Watching students succeed in courses or witnessing the moment they open their acceptance letters and explore scholarship options is incredibly rewarding.”

UNABRIDGED EXPERIENCES From scholarship writing workshops to campus tours to classroom instruction by College faculty exclusively designed for its students, the CBA

experience does not just include student support.

There are a variety of events in which members can engage that strengthen their leadership and critical thinking skills. These events prepare students for success both in and outside the classroom. Gardner noted that “the mentorship sessions provided by YUM! and their employees have been particularly impactful [and] allow students to explore various career paths within the business field and gain valuable insights into different job opportunities.”

FOOTBRIDGE TO THE FUTURE With goals of expanding their reach and support to high school students across the Commonwealth, Green believes that the CBA has the potential to reach many underserved communities. “When you look at Appalachia, Western Kentucky, and Central Kentucky, you see students that are similar to the ones we serve now. Not all poverty is the same, but all potential is the same.”

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COLLEGE OF BUSINESS

EXCELLENT STAFF RECOGNIZED

by Erica Hulse

2024 STAFF EXCELLENCE AWARD WINNER We would like to recognize Paige Erhart, our 2024 Staff Excellence Award Recipient and Associate Director for the Ulmer Career Center, for the

SUMMER 2024 CARDINAL SPIRIT AWARD WINNERS The following staff members were recognized by their colleagues for their dedication to spreading positivity, supporting others, showing genuine care, and getting things done in the College.

Cindy McDonald Technology Specialist, IT Services According to her colleagues, Cardinal Spirit recipient Cindy McDonald approaches each challenge with a smile and shows kindness to each co-worker she assists. One fellow College staff member shared that “She is a great problem solver, and she does so with a smile on a daily basis. She’s fun to be around and [provides] comfort when needed while managing IT issues for the entire unit. She tackles problems with eagerness and brightness. She truly loves her work and the people she helps. Cindy most certainly embodies the Cardinal Spirit attitude.”

Paige Erhart

significant contributions she is making not only to College of Business students and alumni but also to her colleagues who work alongside her each day. One co-worker noted, “When you are a new employee, first impressions and acts of kindness go a long way. Paige is one of those such people who has always taken the time to engage with me, inform me, answer questions, and just be a welcoming colleague to go to for anything.

She makes time for everyone – each of her team members and those, like me, who want to connect.

I never hear her complain. She takes on each day and each interaction with positivity and wants you to leave the conversation feeling good. I am very thankful to have such a great role model in our office.”

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FACULTY HIGHLIGHTS | AWARDS

Alex Bryant Program Coordinator, Executive Education Cardinal Spirit award winner Alex Bryant provides support behind the scenes for both his co-workers and business clients, but his uplifting attitude takes center stage at the College. One colleague noted, “Alex and his work can go unnoticed by many because he works [to] make others look their best and to give the best experience to our customers. I value his work ethic, his willingness to learn new things, his ability to look at the big picture, and his ease of laughter and humor. In the end, Alex is an absolute joy to work with, he brings his best self to the team every single day even when things have looked bleak and is willing to go above and beyond every single time it is needed.”

UOFL FAMILY BUSINESS CENTER

FAMILY BUSINESS EXCELLENCE AWARDS

Tendai Charasika

The University of Louisville College of Business and Louisville Business First held its annual Family Business Awards & Excellence Awards ceremony on May 16, 2024, at The Olmstead to honor area businesses and business leaders.

The College’s Excellence Awards are presented in five areas and recognize the individuals and organizations that give back to our College, providing academic opportunities for current

DISTINGUISHED SERVICE AWARD Robert Whitaker, Senior Vice President of Corporate Finance for DHL DISTINGUISHED CORPORATE PARTNER Accepted by Gina Tobin, President of Texas Roadhouse RISING STAR IN ENTREPRENEURSHIP Jack Manzella, Chief Operating Officer, SoFab Inks

and future business students. This year’s award winners included: ENTREPRENEURSHIP CIRCLE OF FAME AWARD Tendai Charasika, Chief Strategy Officer for Saling Wealth Advisors

POSITIVE LEADERSHIP AWARD Lisa Dischinger, Co-founder of LDG Development, LLC Scott Koloms, President of Facilities Management Services, PBC and founder of Canopy Kentucky

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THE THINKER: A STATUE OF REFLECTION & INSPIRATION

by Chris Dye

The Thinker by Auguste Rodin is an iconic sculpture symbolizing deep contemplation and intellectual engagement. UofL proudly hosts one of the earliest large-scale casts of this renowned statue, which was originally conceived as part of Rodin’s monumental work, The Gates of Hell.

A BRIEF HISTORY The statue was originally envisioned as a representation of Dante Alighieri, pondering over The Divine Comedy. Its distinct pose—an individual seated with his chin resting on his hand—captures the essence of philosophical and artistic introspection.

perspective on global markets. In a delightful coincidence, one group of students recently posed in front of another cast of The Thinker during their visit to Buenos Aires, Argentina. This global connection not only underscores the universal appeal of Rodin’s work but also highlights our students’ engagement with international culture.

Many art historians consider The Thinker to be the most famous sculpture in the world. Its image has been used in media campaigns and it even played an important role in the early days of television when it was incorporated in a popular TV show called The Many Loves of Dobie Gillis, set on a college campus.

The Thinker statue that sits in front of Grawemeyer Hall is the first large-scale bronze cast of The Thinker. Rodin personally supervised the casting in Paris. It came out of the mold December 25, 1903, and was completed in early 1904. The Thinker design has been cast many times. Eight were made before Rodin’s death in 1917.

As the first large-scale Thinker ever cast, UofL’s Thinker claims priority as the most original.

A GLOBAL CONNECTION Our graduate programs take students on international business trips, offering a broader

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| THE THINKER

A THOUGHTFUL LEGACY The Thinker continues to inspire and challenge viewers around the world. At UofL, this statue not only enhances our campus’s cultural heritage but also connects our students’ global experiences with a piece of timeless art.

20

SIX FEET TALL

OVER

LARGE-SCALE CASTS

EXIST WORLDWIDE

Philadelphia

San Francisc

o

Louisville

FAMOUS LOCATIONS

Tokyo

Paris

The Thinker stands approximately 6 feet tall, representing the human form in a powerful, reflective pose.

Buenos Aires

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Greece

India & UAE

South Africa

GRADUATE ‘24 SPRING Each year, cohorts of our graduate students venture across the globe to gain experiential knowledge about business abroad. This 10-day trip included nine country destination options.

See more on Instagram @UofLBiz.

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| INTERNATIONAL TRIPS

Greece & Turkey Singapore & Vietnam

PROGRAMS TRIPS

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SWAG FOR THE HOLIDAYS

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SHOP ONLINE

All proceeds go to a College of Business scholarship fund to support students.

GET YOUR SWAG | UOFLBIZGEAR.COM

UofL COLLEGE OF BUSINESS

IN MEMORIAM DR. CHARLES SHARP We honor the legacy of the late Charles Sharp, PhD, Assistant Professor of Practice in Marketing, who passed on June 11, 2024. Dr. Sharp has been a cherished member of our community since joining the College of Business in 1997. Over the years, Dr. Sharp became one of our most beloved teachers, winning numerous awards for his excellence in teaching at both undergraduate and graduate levels. His dedication to education was recognized not only within our College but also at the university level. Dr. Sharp dedicated his life to making a difference, and his commitment touched our College and the greater Louisville community. He served on diversity committees, held leadership roles in Metro United Way and the National Multiple Sclerosis Society-Kentucky Chapter, served on the Board of Directors of the Bluegrass State Skills Corporation, and was even honored as a Kentucky Colonel. His positive outlook and dedication to his work and students will be deeply missed.

ALAN SCOTT RUPP Known by many as “The Pie Man,” Alan Scott Rupp, former president of Kern’s Kitchen, passed on June 7. An active member of the UofL Family Business Center, Rupp took part in the Center’s CEO roundtable groups, and he was an avid supporter of the Kentucky Restaurant Association. Rupp got his start in the family business in 1973, nearly 20 years after his grandparents, Walter and Leaudra Kern, created the very first Derby Pie in 1954 at the Melrose Inn in Prospect, Kentucky.

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REVOLUTIONIZING

by Erica Hulse

In the College of Business, every area, be it

DATA DISCOVERY

marketing, accounting, economics, or another field

With a focus on collecting, analyzing, identifying, and sharing patterns in marketing techniques and strategies over significant periods of time, Challenge for Excellence Chair in Supply Chain Management and Professor of Marketing Richard Germain, PhD recently presented the development of his study, “An Artificial Intelligence-Aided Interpretive Analysis of 20,000+ Printers’ Ink Articles: 1888-1924,” as part of the College of Business Research Colloquium series. Known as the first national trade magazine for advertisers, Printers’ Ink articles provide a window for professionals and academics in the field of marketing to better understand how this area of study grew and became an established part of the business world. Germain’s studied time period of Printers’ Ink articles predates the existence of academic marketing journals, and the collection and analysis of articles from this publication offer unique and valuable insight into the development of marketing as an institution.

of study, is impacted by generative AI. Driven by the desire to better understand not only current but future capabilities of large language models (LLMs) across multiple industries and fields of knowledge and to best educate their students about artificial intelligence (AI) in the classroom, our faculty members venture to the furthest edge of this technological horizon.

Through collaborating with colleagues and conducting studies to produce and publish cuttingedge research, we are developing a profound understanding of how LLMs such as ChatGPT, Gemini, and Llama 3 are changing the landscape of the world’s business industries. Armed with this knowledge and insight, those findings are being shared through a variety of academic journals and publications, as well as through research colloquiums and roundtable discussions held at the College.

OUR FACULTY CONTINUE TO ESTABLISH THEMSELVES AS BUSINESS RESEARCH LEADERS

Whether designing their own databases using the assistance of generative AI, creating their own LLMs to aid in progressing their focused academic research, or partnering with other academics in the field of business, our faculty continue to establish themselves as business research leaders. Together, this work is not just benefitting those close to home at the University of Louisville but positively impacts our society on a global scale.

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| RESEARCH HIGHLIGHTS

INTELLIGENT INQUIRY Considering how large language models such as ChatGPT can be used to accurately answer accounting-related inquiries, Assistant Professor of Accountancy Dereck Barr-Pulliam, PhD, participated in collaborative research, presenting data on this issue in a paper entitled, “The ChatGPT Artificial Intelligence Chatbot: How Well Does it Answer

RESEARCH Accounting Assessment Questions?” in the November 2023 edition of Issues in Accounting Education. Using data from 14 countries and 186 institutions, researchers compared the responses of ChatGPT and accounting students for 28,085 questions from accounting assessments and textbook test banks.

The paper provides data regarding how ChatGPT performs on different question types, accounting topics, class levels, open/closed assessments, and test bank questions and discusses implications for accounting education and research.

CHATBOT CONVERSATIONS While research is an integral part of faculty focus, the necessity of sharing that research with fellow faculty and staff remains a priority of the College.

Events such as roundtable discussions, research colloquiums, and a future AI Council geared toward advancing the progression of machine learning in the College are helping to spread knowledge of AI and its impact on academia and the business world.

The roundtable discussion series, AI Conversations & Coffee, hosted by Coordinator of Online Instructional Support Matt Elder, EdD of the Online Programs Office and featuring Interim Dean Jeff Guan, PhD, aims to

engage College faculty and staff in the discussion of a variety of generative AI topics and issues inside and outside of the classroom, including: Incorporating AI in Courses • Using AI in Course Development and Research • Academic Integrity in the Age of AI • The Future of AI – What’s Next and How to Prepare • The Current State of AI • Navigating the Ethical and Societal Implications of AI FUTURE FORWARD Foreseeing the continued growth of LLM usage at the College, Guan is in the process of developing a council geared toward furthering the consideration, conversation, implementation, and advancement of machine learning as it pertains to the academic and professional development of the continued emergence of generative AI technology. The council, notes Guan, consists of “a group of business professionals, students, and staff and faculty from the College of Business that are passionate about AI. The main goal of the Council is to serve as a forum for the exchange and discussion of ideas about AI adoption, AI innovation, and AI integration into the business curricula.”

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COLLEGE OF BUSINESS

RESEARCH ROUNDUP As an R1 institution, creating new knowledge is at the core of what we do. The College of Business celebrates our faculty’s research contributions to their respective fields in this quarterly summary of publications and reports.

ACCOUNTANCY Benjamin Foster & Dianna Preece (2024), “Does religiosity and LGBTQ inclusiveness impact the probability of financial statement manipulation?”

Accounting, Ethics & Public Policy.

Xi Ai, Cunningham, L., Li, X., Myers, L., (2024) “How can small international accounting firms improve audit quality? The role of accounting associations and networks.” Auditing: A Journal of Practice & Theory.

ECONOMICS Elizabeth Munnich, Baker, L., & Kranz, A., (2024), “Medicaid managed care and pediatric dental emergency department visits.” JAMA Health Forum.

FINANCE Chris Stivers, & Connolly, R., (2024), “Public real estate returns and inflation shocks: The central role of inflation nonneutrality.” Real Estate Economics.

Tony Okafor, Adusei, M., & Edo, O., (2024), “Effects of the utilization of green bonds proceeds on green bond premium.” Journal of Cleaner Production.

Chris Stivers, Chen, C., Liang, Q., & Sun, L., (2024), “Short selling and the pricing of PIN information risk.” Journal of Financial Markets.

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| RESEARCH

INFORMATION SYSTEMS, ANALYTICS & OPERATIONS Ghiyoung Im, Li, J., Namvar, M., & Akhlaghpour, S. (2024), “Machine learning based decision–making: A sensemaking perspective.” Australian Journal of Information Systems.

Ghiyoung Im, & Tanriverdi, H., Kwon, J., (2024).

“Taming complexity in cybersecurity of multihospital systems: The role of enterprise-wide data analytics platform.” MIS Quarterly.

MANAGEMENT & ENTREPRENEURSHIP Carl Maertz, Johnson, Cl., Bauer, B., (2024), “An inconvenient truth about ‘building’ commitment, engagement, and embeddedness: Unbundling to extend theory on turnover motivations and beyond.”

Organizational Psychology Review.

Isabel Botero, Heider, A. K., & Rüsen, T. (2024).

“Enhancing next generation preparation in family firms: insights from German family firms and business families.” WIFU (Witten Institute for Family Business) Foundation.

Rui Sundrup, & Harrison, A., Windeler, J., (2024), “Me versus we: How group detachment and social presence shape integration strategies in shortterm technology-meditated groups.” Information & Management.

MARKETING Aaron Barnes, Zhang, Y., & Valenzuela, A. (2024). “AI and culture: Culturally dependent responses to AI systems.” Current Opinion in Psychology.

Katina Kulow, & Bentley, K., Priyali, R., (2024) “Unfaithful brands: How brand attachment can lead to negative responses to influencer marketing campaigns.” Journal of Consumer Psychology.

KUDOS! Per Fredriksson has been ranked #517 among Best Scientists for 2024 by Research.com. In their recent release of Ranking of Top Scientists in the field of Political Science, Per is ranked 517th globally and 285th in United States.

FACULTY EXCELLENCE AWARDS

Isabel Botero published an article “Making outside work experience worthwhile” in Family Business Magazine, with Astrachan, J, & Wittmeyer, C. She also published an Applied Report with the WIFU Foundation about the research that she conducted during her Fulbright.

The following College of Business faculty members were recognized as 2023 Faculty Excellence Award recipients. These individuals contributed significantly to the College of Business and the greater academic community in multiple areas over the past year. Thank you to our award recipients and each of our faculty members for their dedication to furthering research and educational initiatives at UofL and beyond.

Daniel Bennett was interviewed and quoted recently in a news article for The Chronicle of Philanthropy on potential endowment tax reform.

UNDERGRADUATE TEACHING: Kathy Gosser, PhD, Management & Entrepreneurship

Minjie Huang was featured in a Louisville Business First article on CEO Compensation, published on July 26, 2024.

GRADUATE TEACHING: Saurav Chakraborty, PhD, Information Systems, Analytics, and Operations (ISAO)

Vitaliy Skorodziyevskiy, Sherlock, C., Su, E., Chrisman, J. J., & Dibrell (2024). “Strategic change in family firms: A review from an institutional environment and firm size perspective.” Family Business Review. This article was featured in The Conversation; Fast Company; SmartCompany (Australia); Yahoo! Finance; MSN; Business Mirror; Idaho Press; Finance & Commerce; The Pittsburgh Courier; MENAFM (the Middle East and North Africa Financial Network); SFGate.

RESEARCH: Aaron Barnes, PhD, Marketing SERVICE: Jay Brandi, PhD, Finance, and Tom Lambert, PhD, Equine OVERALL FACULTY AWARD: Beth Munnich, PhD, Economics GUSTAFSON AWARD FOR ADJUNCT TEACHING: Vivian Blade, CSP, ISAO

Connect to our Research: https://business.louisville.edu/ faculty-research/researchpublication/

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PR, Marketing, & Communications University of Louisville College of Business Louisville, KY 40292

EVERYTHING IS BUSINESS

Whatever career path you take, there’s a business element at play. Whether you’re an artist, engineer, healthcare worker, or scientist, grasping business principles is crucial for your success.

A business degree equips you to innovate, organize, and discover profitable solutions across any field. This adaptable skill set is the ideal partner for any major or career journey. We offer flexible graduate and undergraduate degrees, minors, and certificates—we have the right fit for you!

@UofLBIZ