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Inside Umaine Maine Business School www.umaine.edu/business MB SConnects Orono, Maine • Fall 2009 • Volume 3, Issue 1 Message from Dean John Mahon fter a dreary summer of rain, Arain, and more rain, fall is upon us. It is always an exciting time when the students return. You can feel the surge of energy and excitement. MBS Connects once again provides you with a hint of the activi - ties and events occurring at the Maine Business School at the end of the last aca - Photo by Rhan Flatin demic year and over the summer. You will find a story about MBS students on three Students Enjoy and Learn different continents this summer, visiting Brazil, Japan, and Russia to study issues of concern for the state of Maine. And, you will Through Trips to Japan, Russia, read about our continued participation in the invitation-only, oldest graduate case and Brazil tournament in the world at Concordia University in Montreal, Canada. “The world is a book and those who do not travel read But the heart of the school lies in the ongoing involvement of faculty, students, only one page.” — St. Augustine and alumni. In MBS Connects you can read about Finance Professor Bob Strong’s excel - he Maine Business School kept students, faculty, staff, alumni, and lence in the classroom and the recognition community residents on the move last spring with trips to Russia, provided to him by students. You can learn T Japan, and Brazil. about the national recognition given to Dr. These travel opportunities are about more than being a tourist. Required Scott Anchors, lecturer in management, for for all MBA/MSA students, the international field experiences are rigorous more than 30 years of work with individuals courses for which students earn academic credit. Prior to travel, UMaine stu - and corporations. And you can find out dents meet with state economic experts. They are given assignments both about Dr. Nory Jones, our director of gradu - before and after their trips and they are asked to keep a journal of travel ate programs, who was recently recognized experiences. for her efforts in community building with a By all accounts, each trip was a huge success. Whether they were focusing grant from Wal-Mart. This is just a small on how Russia manages its vast natural resources, how Japan conducts busi - sampling of how faculty expand students’ ness, or how Brazil cultivates ecotourism, the University of Maine travelers knowledge and practical experience, con - said they came away with a better understanding and appreciation of the tribute to Maine’s economy, and help the people, cultures, economies, business practices, and histories of the particular MBS grow roots in the community. country they toured. The results of these efforts are quite visi - Travel abroad is especially vital for business students, according to ble in the success stories of students like Associate Professor of Finance Richard Borgman who helped lead the trip to Brenton Murray, who received an award for Japan. “Today, business is done on a global scale and we want our students his outstanding work with Habitat for to be comfortable doing business with companies and people from different Humanity of Greater Bangor, and Anna continued on page 6 continued on page 12 visit us on-line at www.umaine.edu/mbsnews MBS News Professor Strong Receives Outstanding Teacher of the Year Award Maine Professor of Finance Robert Maine Foundation Professor of Strong has received the Maine Investment Education and the UMaine UBusiness School’s 2009 NCAA faculty athletic representative, Outstanding Teacher of the Year award, received the University of Maine General given annually to a faculty member who Alumni Association’s 2005 Distinguished has demonstrated exceptional dedication Maine Professor award and was the and accomplishment in teaching. Carnegie Foundation’s selection as The award is based on students’ course Maine’s 2007 Professor of the Year. evaluations. A chartered financial analyst, he advis - “I am obviously pleased to have been es UMaine’s student investment club, selected, but I can immediately think of SPIFFY, the Student Portfolio Investment several people who could just as easily Fund, and is the author of three textbooks have been picked,” said Professor Strong, on investments, portfolio management who has been on the UMaine faculty since and derivatives. He has consulted for Robert Strong 1983. numerous organizations including “I have the advantage of teaching a Eastern Maine Healthcare, Bangor Hydro course in investments where most stu - Electric Company, the Maine State Police, of science degree in business administra - dents have a pre-existing interest. I don’t the Maine Forest Service, and Texas tion from Boston University, and a Ph.D. have to convince them that the topic is Instruments. in finance from Penn State, and has been a important. This gets us off to a good start He earned a bachelor of science degree visiting professor of finance at the Maine in the classroom.” in engineering from the United States Maritime Academy and Harvard Professor Strong, the University of Military Academy at West Point, a master University. ▲ Patrice Krant and Melissa Baribault Join MBS Advisory Board elcome to our newest Maine Business School Advisory Board members: Patrice Krant ’78, director of Procure-to- Pay Operations at The Coca-Cola Company in Atlanta, Ga., and Melissa Baribault ’84, director of Compliance at WThe Hartford in Hartford, Conn. Krant, who earned a bachelor’s degree in journalism from the University of Maine in 1978 and an MBA at Georgia State University in 1999, has worked at The Coca-Cola Company for more than 20 years in a variety of global procurement positions. Her organization, Procure-to-Pay Operations, drives cost savings and policy compliance, and controls for goods and services procurement and accounts payable. Prior to joining The Coca-Cola Company, Krant served as director of marketing for TransSettlements, Inc., in Atlanta; software sales manager for Coles Express in Bangor; director of alumni affairs and public relations at Husson College in Bangor; and adult education coordinator at Eastern Maine Vocational Technical Institute – now Eastern Maine Community College – in Bangor. She holds the distinction of being the first female member of the Old Town Fire Department where she worked from 1979 to 1982. Baribault joined The Hartford following graduation from the Maine Business School. She advanced her career in various leadership positions within Call Center Operations, Underwriting, Audit and Product Management. As director of Compliance, Baribault heads up a team of professionals responsible for designing, implementing and enforcing compliance and ethics strategy and programs. Thanks to The Hartford’s Compliance Team’s effectiveness in preventing misconduct or violations of government regulations and company policy, The Hartford was named one of The World’s Most Ethical Companies for two consecutive years by Ethisphere Institute, a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption, and sustainability. Actively engaged in several community organizations, Baribault is especially passionate about her work with Covenant Preparatory School, an independent, interfaith, tuition-free middle school for boys from under-served families in the Hartford area. ▲ 2 Maine Business School MBS Lecturer Scott Anchors Is Recognized for Use of Myers Briggs Personality Instrument aine counseling and for designing student life Nominated for the psychology award Business programs and curriculum. by a former doctoral advisor at Iowa State MSchool fac - A recognized authority on the MBTI University, Anchors says he feels “flat - ulty member Scott instrument, Anchors has written more tered, humbled, and honored. Anchors has been than a dozen articles and co-edited two “The University of Maine has been lauded for his work books on the subject. He routinely applies essential in helping me cultivate my with the Myers Jung’s theories in his current position knowledge and experience in this area,” Briggs Type advising and teaching management and he adds, noting the administrative support Indicator, a person - leadership. he received when he requested a leave of ality instrument that “Effective managers and leaders need absence to pursue a doctorate. provides informa - to have self-awareness, and this instru - Anchors also praises his colleagues. Scott Anchors tion about the differ - ment provides an excellent framework,” “My current assignment in the Maine ent ways people per - he says. “It is exciting to be able to help Business School has provided me excellent ceive and process information, make deci - students understand their management support and a great opportunity to inte - sions, and organize their lifestyles. grate my decades of experience with this A lecturer in management, Anchors instrument into preparing managers and received the Gordon Lawrence Educational “It’s very fulfilling to be able to leaders of the future.” Achievement Award from the Association help people be more effective in When he’s not working, Anchors of Psychological Type International in working together so they enjoys a variety of hobbies and activities. Dallas, Texas, in August in recognition of “A perfect day for me involves a morning his “outstanding contributions to promot - achieve the organization’s goal with my wife Kelly working with our gar - ing the constructive use of psychological by understanding
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