EXCHANGECOLLEGE OF BUSINESS ADMINISTRATION VOLUME XXII FaLL 2007 Business connected Meet the new CBA faculty Dean’s Column Editorial Board Table of Contents ‘I tell CBA faculty and staff to walk with a swagger D. Michael Fields Dean and to be proud ... This is a great college.’ [email protected] Daniel Vetter Senior Associate Dean [email protected] Monica C. Holmes Associate Dean Continuing to build on CBA’s success [email protected] Cover story D. Michael Fields, Dean Jody Ackerman Patton 6 Business connected Senior Director of Development Meet the 12 new faculty members of the College of Exceptional new faculty College day attracts [email protected] Business Administration. team joins CBA prospective students Columns In the last Exchange, I mentioned what a great The college had its first ever CBA Day this past faculty recruiting season the College of Business summer. More than 400 potential students and 2 Dean D. Michael Fields is proud of CBA’s new faculty, plans for Administration (CBA) enjoyed. I saw the their families visited the college and saw first- Production the future, and the Operation Reconnect campaign. credentials, met most of these fine candidates, hand some of our excellent programs. A bigger CMU Public Relations and Marketing 18 CBA Alumni Board member Mark Baczewski, ’97, writes about and had a great feeling about this group. Most and better CBA Day is being planned for summer www.cmich.edu/public-relations how volunteering through CBA enhances education, both for of these teachers had teaching awards to their 2008. Each CBA department now has uniform, students and volunteers. Editor: Sarah Chuby, ‘03 credit, and each had a specific research agenda, impressive display units and identical CBA polo 22 Jody Ackerman Patton introduces herself as the development director but how a new faculty member will “fit” into shirts. These small things help communicate Writer: Cynthia Drake and presents opportunities for friends and alumni to get involved. the environment is always a concern. To help that this is a high quality, professional College of ensure a smoother transition, CBA named a Business Administration. I tell CBA faculty and Designer: Amanda St. Juliana, ‘06 Features teaching mentor and a research mentor to staff to walk with a swagger and to be proud. Photographers: Robert Barclay, work with the new faculty and increase their As I have said before, this is a great college. It is Peggy Brisbane 4 CBA’s Institute of Management Consulting team, established in 2003, likelihood of success in the College of Business truly a special place. Everything we do must be assists CMU graduate students and a spectrum of businesses. Printing: CMU Printing Services Administration. consistent with our goal. 10 CMU business professors have collaborated across disciplines to get Early this semester, my wife, Lori, and I hosted To that end, over the next few months we are the most mileage out of CBA donations by allowing students to work the new faculty at a reception at our home. I completely reworking the college’s Web site, with real money within their areas of expertise. came away from that event even more impressed www.cba.cmich.edu. A series of vignettes 15 Executive in Residence Paul DeRoche, ’91, talks about making with this group. We have an excellent foundation demonstrate that our college is doing some goal-related lists and checking them more than twice. of faculty who will be ready to help guide this exceptional things. Ultimately, this format will be 19 Richard Featheringham, business information system professor, college in the coming years. Be sure to read used for each department, major, or concentration retires after 50 years of teaching. the new faculty story on page 6 of this issue of the college offers. Exchange. I think you will be impressed as well. 27 Alumni digest Keep sharing your knowledge Alumni awards Online M.B.A. now offered Finally, Operation Reconnect continues to amaze The coming months will be particularly exciting me. What outstanding, highly successful alumni 12 CBA Alumni Awards: Peter Beveridge, ’75, Alumni Commitment for the college. In January, the M.B.A. will this college has, and how satisfying it is for me to Award; Lynn Eady, ’84, Alumni Commitment Award; Bart LaBelle, ’64, begin being offered in an online format. The get to know you. We are truly happy to meet you Entrepreneur of the Year Award; Thomas Picardy, ’01, Outstanding first concentration will be in SAP – the leading and to facilitate ways for you to bring your wealth Young Alumni Award; Charles Selinger, ’94, Alumni Commitment comprehensive enterprise software program of experience to the table for our students. We Award; W. Sidney Smith, ’65, Distinguished Alumni Award; for large companies. This will provide students are not about reconnecting in order to ask for your James M. Williams, Honorary Alumni Award. the knowledge to better harness SAP in the money. What interests me is developing great organizations in which they work. SAP is the relationships with great alumni. If you are one of Annual report first concentration designed as a “value-added” our alumni who hasn’t reconnected yet, I hope CMU, an AA/EO institution, strongly and 2 actively strives to increase diversity within 23 CBA highlights the degrees conferred, contributions, and internships. 3 for companies. Other proposed concentrations you will soon. We really would like to hear about its community (see www.cmich.edu/aaeo). are nearing the end of the approval process. I your success. 24 CBA lists the generous donors for the 2006-2007 academic year. hope to be able to tell you about them in the PRM 7729-25,400 (12/07) Best regards, next Exchange. Mike Volume XXII, Fall 2007 Consulting masters Institute of Management Consulting provides students with valuable business experience You want information – honest information. And if you represent or manage a corporation, how do you find it? You call CMU’s Institute of Management Consulting (IMC) team. The IMC team, established in 2003, consists mostly of graduate business students. It is led by Randall Hayes, accounting professor; Lawrence Lepisto, marketing and hospitality services A consulting team at Vantage Plastics in Standish is working on a Six Sigma project to reduce the company’s scrap rate. From left, they are IMC student Scott Truscott, administration professor; and Charles Burke, director of strategic From left, IMC student Theresa Bandkau, Domino’s Manager of CMU consulting faculty member Randall Hayes, Vantage Plastics President Paul Aultman, and IMC students Josh Craft, Lance Eltringham, and Sandeep Rangaraju. planning for the LaBelle Entrepreneurial Institute. Compensation Wun-Ming Yee, IMC student Victoria Makarova, IMC student Debra Williamson, IMC student Karen Philips, Domino’s Manager The IMC faculty members have run the M.B.A. management of Training Drew Helmholtz, and CMU consulting faculty Randall Hayes Hayes said CMU has a link to the pizza team will use the project management consulting concentration, researched and studied management visited Ann Arbor’s Domino’s Pizza World Headquarters as a start to their business – which had $5.1 billion in 2006 retail techniques of Six Sigma to help the The Institute of Management consulting techniques, and developed a curriculum in consulting project. sales – because Domino’s CEO David Brandon company’s Production Efficiency Team develop Consulting Team has provided management consulting. was a CMU Board of Trustees member until ways to reduce the amount of scrap in the services to many companies “Before us, no curriculum existed,” Hayes said. “We offer the first “It was the initial meeting to get things rolling,” she said of the 1999, when he became Domino’s CEO. company’s production systems. and organizations over the full-fledged management consulting concentration in the nation. October meeting. “To me, this is what the meat of an M.B.A. “David has been a great friend to us,” Hayes As for entrepreneurial projects, the IMC years including: So we consistently review what is effective and what isn’t.” course ought to be – getting out there and solving real said. “And he understands the importance of a has two for the 2007-2008 academic year, • Domino’s Pizza World business problems. Dean Michael Fields said the IMC is one of the College of real-world experience and higher education.” Hayes said. The first will investigate the Headquarters, Ann Arbor Business Administration’s “best-kept secrets.” “These consulting classes have taught me how complex change business possibilities of a new product line • Vantage Plastics Inc., Standish is for people. But since businesses have to stay on top of what is Students improve business of educational park equipment. The second Project examines Domino’s going on in the rest of the world, there is constant change. We involves developing a protocol for the • KMN Enterprises LLC, Traverse City and expand experience evaluation of new product ideas. are here to help bridge that gap.” • Johnson Carbide Products Inc., human resources packages In addition to involving students in consulting, “It’s challenging for the M.B.A. graduate Saginaw IMC faculty members choose improvement With faculty guidance, groups of IMC students team up on Ask and you shall receive students to help clients work through a projects oriented toward human resource • Office of Research and consulting projects with businesses and organizations such as business problem. It requires creativity. It On a recent Monday, IMC students worked late into the evening issues and projects involving the evaluation of Sponsored Programs, CMU Vantage Plastics, Delfield Corporation, and Domino’s Pizza. requires a lot of discipline, and it requires a trying to come up with research ideas. They decided that phone entrepreneurial ideas.