Seidman College of Business, Grand Rapids, Michigan 50th Anniversary Edition 2011 Dean’s Advisory Board H. James Williams David Hoogendoorn Dean Ernst & Young, LLP Dwane Baumgardner J. C. Huizenga Retired, Donnelly Corporation Westwater Group Jeffrey T. Bennett Dorothy A. Johnson Otterbase Technical Services Ahlburg Company Carole D. Bos Fred P. Keller Bos & Glazier, P.L.C. Cascade Engineering John H. Bultema, III Robert L. (Buzz) Kersman Fifth Third Bank West Michigan Retired, Lorin Industries John C. Canepa Mark P. Olesnavage Crowe Horwath LLP Hopen L. S. Ventures Edward J. Clark David Reglin American Seating Company Independent Bank Brian Cloyd Sharron J. Reynolds Steelcase, Inc. Retired, The Huntington National Bank John L. DeMaria Mary Ellen Rodgers Quoin, Inc. Deloitte & Touche LLP Harvey N. Gainey John G. Russell Gainey Realty & Investment Consumers Energy Corporation Nancy Skinner Robert Grooters Varnum Consulting R.G. Companies Gary L. Tilkin George Hamilton GFT Forex The Dow Chemical Company Stephen A. Van Andel Doyle A. Hayes Amway dHayesGroup Curt Wells Thomas W. Hiller The Huntington National Bank BDO Seidman, LLP Michael G. Wooldridge Kevin Holloway Varnum, Riddering, Schmidt Monsanto Company & Howlett LLP From the Dean s the University and this West Michigan Community and aspirations of what promises to be an exciting and pause to observe the 50th Anniversary of Grand Valley productive future for the Seidman College of Business. AState University’s existence, we, here in the Seidman Even pre-dating its formal establishment, the College College of Business, take special cognizance of the College’s has remained on the cutting edge of academic programs and role in the establishment, development, and evolution of this pedagogies, including the emotional, virtual, and physical great University. Indeed, in this special 50th Anniversary approaches and mechanisms for maximizing educational Edition, the Seidman Update strives to capture and share achievements. This fundamental instinct prompted two some of the rich history and tradition that lies at the very tremendously exciting current projects, with significant heart-and-soul of Grand Valley State University and the implications for the future: the construction of the new L. Seidman College of Business. As in the case of Grand Valley William Seidman Center to house the Seidman College of State University the “Seidman College of Business story” is Business and the unique, new Full-Time Integrated MBA one of the vision, commitment, discipline, struggles, and (FIMBA) Program. Read about them, both, in this 50th triumphs of individuals, aspiring to enhance and maximize Anniversary Edition of the Seidman Update. their lives and talents — and those around them — by building Of course, “Laker Nation,” this West Michigan a business-educational community to support this broader Community, and Grand Valley’s ever-expanding footprint West Michigan Community. of impact and influence have been, and will continue to First, and foremost, this 50th Anniversary Edition is a be, prime facilitators of Seidman’s excellence in business tribute to those who came before us, those who paved the education. Therefore, I invite each of you to join us in our way and established the foundation of excellence upon which celebration. Come with us, as we reflect on the past with we have continued to build. It is also a celebration of the reverence, celebrate the present with humility, and look to the current state of affairs and accomplishments that represent future with inspired hope and anticipation! a continuation of the legacy and traditions that sustain and inspire faculty, staff, and students on a day-to-day basis. — H. James Williams Finally, and, perhaps, most important, this 50th Anniversary Dean, Seidman College of Business Edition attempts to capture some of the more concrete plans 2 SEIDMAN UPDATE • 50th Anniversary Edition 2011 S DEIDMAN IRECTORy Dean’s Office 616-331-7100 Table of Contents Graduate Business Programs 4 Seidman’s History is Celebrated 616-331-7400 www.gvsu.edu/business 6 Faculty Pioneers 10 Seidman Faculty Retire Undergraduate Student Services 616-331-7500 11 Seidman Photo Collage www.gvsu.edu/business 12 The Centers of Our World Small Business & Technology Development Center 616-331-7370 Seidman Past Seidman www.misbtdc.org/region7 Center for Entrepreneurship & Innovation 616-331-7582 www.gvsu.edu/business Center for Business Ethics 14 Dean’s Advisory Board Member Profile: Mark Olesnavage 616-331-3612 16 TAKING THE LEAD: Student Leaders Create Business Orientation www.gvsu.edu/business 17 Students Retreat in Montana Family Owned Business Institute 18 New York Times’ Andrew Ross Sorkin Shares Insights With Students 616-331-7200 www.gvsu.edu/fobi 19 Project “COOL” Heats Up High School Internship Program 20 Seidman Alumni Association Breakfast Featuring Tim Selgo Van Andel Global Trade Center 616-331-6811 21 Health Care Reform: What it Means to Spectrum Health and Grand Rapids www.vagtc.org 22 Alumni Notes 23 New to Seidman 2010–11 Seidman Update is a semiannual publication of Grand Valley State University’s Seidman College of Business, Grand Rapids, Michigan. Seidman Present Seidman Seidman College offers the Bachelor of Business Administration (BBA), Bachelor of Science (BS) or Bachelor of Arts (BA) in Economics, Master of Business Administration (MBA), Master of Science in Accounting (MSA), and Master of Science 24 An Accelerated Path to Leadership: The Seidman Full-Time MBA in Taxation (MST) degrees. The college is fully accredited by AACSB International. 26 A Futuristic Internship in Lebanon via ooVoo 27 The Future L. William Seidman Center Project Coordinator: Vonnie Herrera Editors: Vonnie Herrera, Claudia Bajema 28 Seidman College of Business Announces a New Home Special contributors: Michele Coffill, 30 Finance Faculty ROCK! Diane Dykstra, Anton Josephson 31 Seidman Student Leadership Development Program Update Faculty Advisor: Paul Lane, Ph.D. Graphic Design & Production: Ruth Oldenburg, Rainstick Studio © 2011 Grand Valley State University, Seidman College of Business Seidman Future Seidman On the cover: architectural rendering of the new L. William Seidman Center Find us on Facebook To view current and previous issues of the Seidman Update www.facebook.com/gvsu.seidman online, visit www.gvsu.edu/business/seidman-update www.gvsu.edu/business 3 Seidman Past Seidman Seidman’s History is Celebrated s Grand Valley State University members appointed to serve in the new During a meeting with Dean H. celebrates its 50th Anniversary, Grand Valley State College following James Williams in 2007, former “Dean Awe also reflect on the formation L. William Seidman’s successful DeVries” agreed to write a historical of the Seidman College of Business fundraising efforts to create the College perspective on the Seidman College and the person who put in place the in 1960. Through Bill Seidman’s entitled Business Education at Grand foundation for business education. continuing efforts and generosity, the Valley State University, The Formative Marvin G. DeVries was key to the Seidman Graduate College of Business Years, A Personal Reflection. The booklet introduction of business courses at was created in 1973, where Marv was unveiled at a special reception Grand Valley, amidst concerns that DeVries would serve as Dean from 1973 during Homecoming Week 2010 in the College was founded to provide until 1988. In 1979 the undergraduate October. It can be found at liberal arts, undergraduate education. and graduate business programs were www.gvsu.edu/business/devries. He was one of the first six faculty consolidated. L. William Seidman presents idea for a college Dr. James H. Zumberge, professor of to Michigan legislature. Conditional offer geology at University of Michigan, from legislature to sponsor college if Seidman Michigan legislature appointed first president of Grand Valley can raise $1 million in authorizes the State College. The first six faculty are private money to show charter and funding hired, including Dr. Marv DeVries, future community support for of Grand Valley State Dean of the Seidman Graduate College his endeavor. College. of Business. 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 Seidman achieves private Governor Swainson First buildings in Seidman House, named for fundraising goal with support signs higher education Great Lakes Group, the Thomas Erler Seidman from a diverse group of appropriations act Lake Michigan Hall Foundation, opens as donors including business, providing $150,000 for and Lake Superior student center, bookstore, labor, and community Grand Valley operations Hall, completed. recreation room and offices organizations. funding for fiscal year for student groups. Lake 1961– 62. Huron Hall completes first academic complex, the 4 SEIDMAN UPDATE • 50th Anniversary Edition 2011 Great Lakes Group. Seidman Past Seidman Left to Right: Dr. Stan Lindquist, Dr. Samir IsHak, Dr. Wilhelm Seeger, and Dr. Mary Seeger The Seegers were GVSU faculty pioneers who retired in 2005 Former GVSU President Arend D. (Don) Lubbers shares a laugh with Above and on facing page: Seidman’s “Dean” DeVries first Dean, Marvin G. DeVries, and current Dean, H. James Williams Through a The Economics and generous gift Business Department provided by the includes 2 full time Seidman Family Grand Valley accredited and 5 adjunct faculty, Arend D. Lubbers succeeds Foundation, the by Michigan Commission and offers 16 courses James H. Zumberge as President F.E. Seidman on College Accreditation. to students. of Grand Valley State College. Graduate College of Business is formed. 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 Grand Valley State First Grand Valley graduation. Class School of Business Earl Harper joins the School Donald J. Klein (Acc) College course catalog of 138 seniors includes 86 members and Economics of Business as assistant and John O. Bornhofen includes “business of Pioneer Class. Constitution of new established. professor and associate (Fin) appointed faculty administration” option Alumni Association accepted by Board director of the business members. for the first time.