Dean’s Advisory Board
Calendar of Events OCTOBER Oct. 15—17: SHARP Conference, Chattanooga Downtown Marriott The Symposium on Healthcare and Analytics in Research and Practice allows participants to develop hands-on analytics and big data skills needed to drive their companies to the next frontier of innovation and productivity. Read more about this conference on Page 10. Register at utc.edu/sharp.
Wed. Oct. 29: Women’s Leadership Series: Aspire to Be... Individually You, 3:30 p.m. in the University Center Join us Wednesday, Oct. 29 at 3:30 p.m. in the Chattanooga Room of the University Center on the UTC campus, for the first event in the Women’s Leadership Series, “Aspire to Be... Individually You,” a presentation and discussion on personal branding led by Dr. Shelly Prevost. Read more about the program on Page 10.
NOVEMBER Tues. Nov. 18: Entrepreneurial Forum, 8 a.m. to noon, University Center Tennessee Room The Clarence E. Harris Forum promotes dialogue and interaction between students, faculty and entrepreneurs by bringing entrepreneurs from the community on campus to engage with students of the COB. Join us from 8 a.m. until noon in the UTC University Center’s Tennessee Room.
Joe Brown Sue Culpepper Mark Degler Carla Donina Tom Eddy Bob Farnsworth John Foy Steve Frost Brenda Lawson Scott LeRoy Chris Levan Warren McEwen Ben Miller Dana Perry Roger Smith
DECEMBER
Blake Strickland
Wed. Dec. 3: Internship Symposium, 2 to 5 p.m., Fletcher Hall Room 114
Miller Welborn
Our student interns have been busy and the Internship Symposium offers them an opportunity to share what they’ve learned in a 3-to-5-minute presentation. This is a drop-in event.
Sat. Dec. 13: Commencement & COB Commencement Reception Celebrate our December graduates with a reception in the University Center Tennessee Room. Commencement is scheduled for 1 p.m. and the reception will follow at 2:30 p.m. in the University Center.
UTC.edu/Business
Jenny Whitener Merri Mai Williamson
In this issue Fall Kick Off Events
4
The College of Business welcomed students for the 2014-15 academic year with several events.
Dr. J.R. Clark elected treasurer of Mont Pelerin Society 5
Message from the Dean
Prestigious international group elects Clark to the office at its 2014 biannual congress in Hong Kong.
Faculty Profile
6
Dr. Lisa Burke-Smalley encourages her students to play to their passions.
VEP Celebrates Third Successful Year 7 Veterans Entrepreneurship Program celebrates 2014 graduates.
Editor
Katrina Craven katrina-craven@utc.edu Contact
(423) 425-4710 bschool@utc.edu UTC is an EEO/AA/Titles VI & IX/Section 504/ ADA/ADEA institution.E04XXXX-XXX-14
The undergraduate and graduate programs at UTC’s College of Business, in both business and accounting, are accredited by AACSB International—The Association to Advance Collegiate Schools of Business.
The beginning of a new academic year is always an exciting time for faculty, staff and students. That excitement is heightened by the addition of new programs, new events and new faculty in the College of Business. The College is so fortunate to have such dedicated faculty and staff. They are the people who work every day to ensure that our students are given the academic grounding and the real-world business skills they need to achieve meaningful careers and have a positive impact on our community. This issue of “Venture” highlights some of those faculty members: Dr. J.R. Clark, who holds the Scott L. Probasco, Jr. Chair of Free Enterprise; Dr. Lisa Burke-Smalley, a UC Foundation Professor in our Management Department; and the six new faculty who joined us over the summer. This issue also highlights a variety of programs and events hosted by the College of Business, including our Scholarship Awards Banquet. Scholarships are critical to the college and it was wonderful to honor both the student recipients and the donors who make our scholarship program possible. The students we honored represented some of the best and the brightest that UTC has to offer. The donors who provided the support for those scholarships had the opportunity to meet those individuals who will benefit from the legacy their donations have established. Your support of the College of Business is part of that legacy as well. As alumni, donors, mentors, ambassadors and community partners, you help us as we educate students and as we serve businesses and organizations in the Chattanooga region. Thank you so much for all that you do. Robert Dooley Dean
Welcoming Students Back to Campus Student events celebrate excellence and build community The UTC College of Business kicked together and encourage them to stay in off the new 2014-2015 academic year touch,” said Dean Robert Dooley. with a variety of student-focused events. Some, like the This year, Scholarship 34 academic Awards Banquet, scholarships were designed to were presentcelebrate student ed during the achievement. banquet. This Others, like the number does annual Down not include With The Dean the accounting event, helped scholarships— create a sense of those students community withare always in the business honored in a school and conseparate cereRecipients of the Dean’s Advisory Board Scholnected students mony later in arship were honored at this fall’s Scholarship with faculty, staff Awards Banquet. the fall. and one another. Down With The Dean Scholarship Awards Banquet Now in its second year, “Down With The College of Business hosted a ScholThe Dean” offered students a chance to arship Awards banquet Sept. 4. Scholkick off the fall semester on the front arship recipients, their parents and the lawn of Fletcher Hall with food, games donors who support the scholarships and a chance to dunk the Dean of the enjoyed a reception and dinner in the College of Business. University Center. The Sept. 9 event also featured in“This event is a great way for the Colformation booths from student orgalege of Business to honor our scholarnizations, clubs, Graduate Programs ship donors, celebrate some of our top and the College of Business Student students and bring those two groups Success Center. In addition, members of the College of Business staff and
faculty spent some time in the dunking booth. Attendees also enjoyed music, games and great prizes. While the dunking booth was a big draw, “Down With Dean Robert Dooley The Dean” spent some time in the gave all UTC dunking booth. students the opportunity to learn more about the College of Business, its majors, student organizations, faculty and staff. Other Events The fall also ushered in a variety of events and programs hosted by the Student Success Center and the various academic departments. Guest speakers, the Elevator Pitch Competition, Bridge Luncheons and Meet the Firms gave students the opportunity to gain and practice real-world skills. For upcoming events, visit www.utc. edu/college-business/news-events/calendar-of-events.php.
J.R. Clark, holder of the Probasco Chair of Free Enterprise Elected Treasurer of Mont Pelerin Society The Mont Pelerin Society elected Probasco Chair of Free Enterprise, J.R. Clark to the office of Treasurer at its 2014 biannual congress in Hong Kong. Membership in the Mont Pelerin Society is highly selective, international in scope, limited to approximately 500 members, and includes Nobel laureates, heads of state, nobility, and internationally recognized scholars. Since its founding in 1947, the Society has emerged as one of the most prestigious and influential organizations of academics operating in the world today. The global professional organization is dedicated to facilitating an exchange of research and ideas between scholars to strengthen the principles and practice of a free society. Clark was elected to MPS membership in 1996, was key organizer of the Society’s 2003 international conference in Chattanooga, elected to the Board of Directors in 2006, and Vice President in 2010. Clark’s election as Treasurer will move the international headquarters of the Mont Pelerin Society to The University
of Tennessee at Chattanooga and contributes significantly to the academic prestige of the university. “The responsibility of managing a global organization of highly independent, world class scholars, across the spectrum of their languages, cultures, and time zones is going to be challenging, but also likely to provide significant recognition and opportunities for UTC,” Clark said. “It is a challenge we are fortunate to have.” J.R. Clark earned the Ph.D. in Economics from Virginia Polytechnic Institute under the Nobel Laureate James Buchanan. He holds the Probasco Chair of Free Enterprise at The University of Tennessee at Chattanooga, and is the author of six books and numerous academic articles published in the United States, Austria, Japan, Italy, Canada, France, India and Russia. The mission of the Probasco Chair of Free Enterprise is to develop, through the educational field, that type of political, social, and economic environment which will permit private enterprise to achieve its proper perspective in American economic life.
Prior to coming to UTC, Clark was with the Joint Council on Economic Education in New York, chaired a large economics department in New Jersey, held the Hendrix Chair at UT Martin, and was a research fellow at Princeton University. Currently, he serves as Secretary/Treasurer for both the Southern Economic Association and The Association of Private Enterprise Education. His consulting experience includes Fortune 500 companies, government agencies, universities, and publishing firms as well as performing litigation support for law firms in personal injury, wrongful death, business evaluations and matrimonial cases. He has received significant grants in entrepreneurship from the J. Howard Pew Freedom Foundation Trust, is Past President of The Association of Private Enterprise, and held seats on the boards of the Palmer R. Chitester Fund, The William B. Cockroft Foundation, and Kenco Corp. Clark holds an Airline Transport Pilot’s rating and currently flies light jet aircraft.
Strategic HR Graduate Certificate now available
Faculty Profile:
Lisa Burke-Smalley, PhD, SPHR experiential learning methods in the classroom and in 2012 was nominated for the National Society of Collegiate Scholars’ “Inspire Integrity Award.”
The College of Business now offers a graduate certificate in Strategic Human Resource Leadership. This 12-hour program provides both theoretical and practical knowledge to help HR practitioners make decisions about managing human capital in the contemporary business environment. “HR professionals, like anyone in the contemporary workplace, need to stay current and intellectually stimulated so they can remain “refreshed” and passionate about their work life and bring much-needed ideas for improvement to their workplace,” said Lisa BurkeSmalley, Professor of Management and one of the certificate program instructors.
Program Features • Rigorous, graduate-level coursework taught by senior management faculty • Can be combined with an MBA, if desired. • Provides 30 HRCI credits per course and courses will be offered to meet each type of HRCI continuing education category • Convenient, year-round schedule—courses offered in the summer, fall and spring semesters. Most courses are offered as night classes. • Admission: Requires an accredited bachelors degree and a 2.7 undergraduate GPA, no GMAT required.
For more information, visit www.utc.edu/college-business/ academic-programs/strategic-human-resource-certificate/
“In addition to the course work, I try to pass along life lessons as well,” she said. “I encourage students to play to their passions and to remember that attitude is largely a choice.”
Students who have taken a class from Lisa Burke-Smalley, Professor of Management in the UTC College of Business, use words like “engaged,” “energetic,” “enthusiastic” and even “entertaining” to describe her teaching style. Speak to her for just a few minutes and that enthusiasm for students and for her subject matter becomes evident.
Burke-Smalley holds a Ph.D. in human resources/organizational behavior from Indiana University Kelley School of Business. She is a UC Foundation Professor and 2007 recipient of the UTC Professor of the Year award. She has published numerous academic journal articles and book chapters and edited her own book on management training, “High Impact Training Solutions.” A former student also anonymously created a recurring national scholarship in her name through the National Society for Human Resource Management Foundation.
“I encourage students to play to their passions and remember that attitude is largely a choice.”
In 2012, BurkeSmalley was inducted into the UTC Council of Scholars, the university’s high“I really like interacting est recognition for with students,” Burkethose who research, Smalley said. “Creating publish, and have authentic, long-standing national and internamentoring relationships tional reputations in —Lisa Burke-Smalley, their fields. Her rewith them—especially those who are dedicated, Professor of Management search has appeared high performers—is so in journals such as rewarding.” Human Resource Development Quarterly, Human ReBurkey-Smalley’s expertise and expesource Management and the Academy rience results practical, lively lessons of Management Learning and Educaand her investment in her students is tion. She has presented her research evident. internationally, earned several national reviewer awards, and consulted with In 2013 she was awarded a UTC companies in Ohio, Louisiana, and Think-Achieve Award for using various Tennessee.
Veterans Entrepreneurship Program 2014 Training and mentoring program celebrates third year of success For the third consecutive year, the University of Tennessee at Chattanooga’s Veterans Entrepreneurship Program offered free training and mentoring in entrepreneurship and small business management to a group of disabled and service distinguished veterans. Participants in this year’s VEP attended boot camp on the UTC campus July 19-26. In addition to entrepreneurship courses taught by College of Business faculty and guest speakers, the 19 delegates met with community leaders, top military officials, visited businesses and attended a graduation ceremony featuring a keynote address Courtney R. Lewis by former U.S. Representative Zach Wamp. Courtney Lewis, who served in the U.S. Army, described the VEP experience as “tough, but rewarding.”
“Through the VEP, I’ve gained insights and skills that will allow me to grow my production company successfully,” she said. “It’s been amazing being a part of this team.” The program is hosted in partnership with Oklahoma State and the University of Florida. “The VEP builds on the skills that veterans learn from their military careers and helps them focus those skills toward the creation of new ventures,” said Dr. Robert Dooley, Dean of the College of Business. “Our goal is to help veterans create businesses as a means to their own financial wellbeing. We are honored to provide this program to those that have done so much for our country.” Participants in the VEP begin by completing a five-week, online self-study to help develop their business concepts and prepare for the boot camp at UTC. The boot camp exposes VEP participants to the “nuts and bolts” of business ownership through workshops and lessons from faculty as well as guest speakers.
“I came in thinking I knew a lot, but working with the faculty in the VEP taught me how to start and run a business with emphasis on marketing, sales, how to pitch a project, the market... Everything needed for a successful business,” said U.S. Army veteran Glen Shackley of Angels Camp, California. “I believe I’ve gained the leadership and ability to move forward.”
Glen Shackley
Following graduation, delegates receive 10 months of ongoing support from experts in the College of Business. The VEP is free to eligible veterans. The costs of the VEP are underwritten by sponsors, including Walden Security, and private donors, with operations and program development provided by the UTC College of Business.
Learn more at utc.edu/vep.
College of Business Welcomes New Faculty The College of Business is pleased to welcome six new faculty members to the business school. To learn more about each faculty member, or to contact them directly, visit the faculty and staff directory at utc.edu/business. ACCOUNTING Dutch Fayard, Ph.D. Assistant Professor Fayard received his B.S. from Clemson University, and his MBA and Ph.D. from the University of South Carolina. His research interests are Dr. Dutch Fayard Supply Chain Management and Management Control Systems. Surani Vincent Instructor, Accounting Information Systems Vincent received a B.S. in management accounting from the Chartered Institute of Management Accountants in London, an MBA from Surani Vincent the University of Tampa and is a Ph.D. candidate at Florida Atlantic University. Her areas of expertise include IT governance, cloud computing, ERP systems, informations systems risks and security, internal controls, voluntary disclosures on information systems and risk management practices.
FINANCE Hunter Holzhauer, Ph.D. Assistant Professor Holzhauer received his B.S. in 2003 from Birmingham-Southern College, his M.B.A. from Mississippi State University and his Ph.D. from The University of Alabama.
MARKETING & ENTREPRENEURSHIP James Ebel Executive in Residence, Lecturer
Dr. Hunter Holzhauer,
His areas of expertise are business and corporate finance, portfolio managment, alternative investments and derivatives, real estate, behavioral finance and personal financial planning. MANAGEMENT Nai Lamb, Ph.D. Assistant Professor of Management Lamb holds a B.B.A and an M.H.R. from the University of Oklahoma; an M.P.A. from the International Christian University in Tokyo, Japan; and a Ph.D. from Texas A&M University.
Dr. Nai Lamb
She is an expert in strategic management and international business and her research includes board interlocks, social networks, corporate governance, and corporate social responsibility.
Ebel holds a B.S. in Accounting from UTC, and an M.B.A. from Indiana University. He is a graduate of the Babson Symposium on Entrepreneurial Education.
James Ebel
He is an expert on brand positioning through his consultancy CenterBrain速 Partners, having developed positioning and strategy for nearly 200 brands that now account for over $4 billion in incremental sales for clients. Philip Roundy, Ph.D. Assistant Professor of Entrepreneurship Roundy holds a B.A. in Economics from Kent State University; an M.A. in Economics and an M.S. in Management and Organization Theory from the Dr. Philip Roundy University of South Florida; an M.S. in Management and a Ph.D. from the University of Texas at Austin. He is an expert in entrepreneurship, new venture finance and social enterprise. His research areas include social entrepreneurship, entrepreneurial resource acquisition, entrepreneurial ecosystems and narrative theory.
John C. Stophel Distinguished Students 2013-14 The John C. Stophel Distinguished Student Award is presented annually to recognize high potential business students who have made significant and meaningful civic contributions to UTC and the College of Business while maintaining a strong academic record. The students were recognized at a reception hosted by Chambliss, Bahner & Stophel and at the College of Business spring awards ceremony. Bradley Bell
Kayla DeLong
Bradley Bell has demonstrated his leadership abilities through the creation of The Gentlemen’s Institute, a program to help men identify their values and understand what it means to be a leader today. Kayla DeLong has volunteered for many fundraising and community events including Relay for Life, the Chattanooga Humane Educational Society, and the Ronald McDonald House.
Kelsey Giddens is active in her community having volunteered with many events including Feed the Starving Children, Williamson County Special Olympics, and Wine Over Water to benefit the preservation of
Scott Kramer
Sydney Lamb
Kate Linehart
Kelsey Giddens
Erin Mercer
historic buildings in Chattanooga.
$11,000 for the Make-a-Wish Foundation where she also serves as a Wish Granter.
Scott Kramer is an active member of the Tennessee Society of Certified Public Accountants, Institute of Management Accountants, and MoSAIC (Mocs Students with ASD (Autism Spectrum Disorder) Integrated Community.
Lynna Nguyen is a member of several honors societies including Beta Gamma Sigma, Golden Key International, Sigma Delta Pi, and Beta Alpha Psi.
Sydney Lamb is a member of the Institute of Management Accountants, the Tennessee Society of Certified Public Accountants, and the Accounting and Financial Women’s Alliance. Kate Linehart has volunteered with several organizations including the McKamey Animal Shelter, Chattanooga Area Food Bank, Erlanger Children’s Hospital, Siskin Children’s Institute, and the Susan G. Komen Race for the Cure. Erin Mercer helped her chapter of Chi Omega raise more than
Lynna Nguyen
Saasha Jones
Graduate Students Saasha Jones has served as a mentor and volunteer for many organizations on and off campus including GEAR UP, Upward Bound, UTC’s Multicultural Center, Girls Inc. of Chattanooga, and Partnerships for Families, Children and Adults. James Walpert is an adjunct professor at Georgia Northwestern Technical College, he also teaches classes in automotive, employability skills, and college success. The application deadline for the 2014-2015 Stophel Award is 5 p.m. Friday, October 31, 2014.
James Walpert
Learn more about the Stophel Scholars by visiting www.utc.edu/college-business/ resources/stophel-awards/
Dr. Shelly Prevost kicks off Women’s Leadership Series, Oct. 29
There’s still time to register for SHARP The Symposium on Healthcare and Analytics in Research and Practice (SHARP) 2014 brings together academics, professionals and industry representatives who share a passion for application, research and educational innovation in the field of big data and analytics. This multi-disciplinary conference offers the chance to develop hands-on analytics and big data skills needed to drive your company to the next frontier of innovation and productivity. Participants will learn from, contribute knowledge to, and brainstorm with the data analytics industry’s key thought leaders.
Conference Highlights The SHARP Conference will feature four national/international keynote speakers. Other highlights include:
Earn Continuing Education Units or CPE Credits Continuing Education Units (CEUs) are available for SHARP Conference attendees. The SHARP two-day conference also provides an opportunity for CPAs and CISAs to earn a total of 15 CPE Credits and the one-day pre-conference session provides an additional 7.5 CPE Credits. Please select the option for CEUs or CPEs when you fill out the online conference registration.
• A Fraud Analytics training session by Decosimo Certified Public Accountants • Three invited panels on Healthcare Analytics, an Executive’s Panel on the Frontiers of Analytics and Analytics Powering Smart Cities
• A full day, pre-conference Big Data & Analytics Developer Day hosted by IBM and MarketStreet Solutions. This event is offered at no charge and will be the first Big Data Development Day hosted by IBM in Tennessee. This hands-on training is suitable for students, faculty and working professionals. • A training session on SAS Visual Analytics
• Invited speakers and panelists from Mayo Clinic, US Ignite, UNUM, Siskin Rehabilitation, Covenant Transport, BlueCross Blue Shield of Tennessee, IBM, the Company Lab, EPB and more
For more information or to register, visit utc.edu/sharp
Join us Wednesday, Oct. 29 at 3:30 p.m. in the Chattanooga Room of the University Center on the UTC campus, for “Individually You,” a presentation and discussion on personal branding led by Dr. Shelly Prevost. The event is part of the Aspire Series presented by the UT Women’s Alumni Association in partnership with the UTC College of Business, and the UTC Women’s Center. Prevost is a co-founding partner and Director of Happiness at Lamp Post Group, a Venture Capital incubator located in Chattanooga. She received a Doctor of Education in Counseling Psychology in 2010, but soon left her therapy practice in order to join the world of startups as a mentor and investor. As psychologist-turned-investor, Shelley helps founders and their teams navigate through the emotional side of starting a company. Prevost is also co-founder of the JumpFund—an angel fund investing in female-led startups with high growth potential.