THE DEVOE REPORT | SPRING/ SUMMER 2017 SPRING/SUMMER 2017 A CONVERSATION WITH CHIEF EXECUTIVE OFFICER, POPEYES LOUISIANA KITCHEN, INC. Hardwork, Faith & Family: The life and legacy of James F. DeVoe Sr. Business and Community: The Oaks Academy Changing the World Through Business Thrivent Financial is the founding sponsor for the Ron Blue Define Institute for Financial Planning. NEW RON BLUE INSTITUTE PUBLICATIONS • Biblical Financial Planning: An Introduction to a Yourself Biblical Worldview, by Ron Blue and Justin with a degree from IWU Henegar (Pearson 2016) - a textbook • Master Your Money: A Step-by-Step Plan for Experiencing Financial Contentment, by Ron Blue and Michael Blue (Moody Publishers, 2016) • God Own It All: Finding Contentment and Confidence in Your Finances, by Ron Blue with Michael Blue (LifeWay Press, 2016) IWU Adult & Online @IWUOnlineAdult @IWUOnlineAdult • Never Enough? Three Keys to Contentment, by Ron Blue with Karen Guess (LifeWay Press, 2017) • Mastering Personal Finances: A Biblical Approach, Degree Programs Finding by Ron Blue and Boyce Smith (BVT Publishing, Online 2017) – a textbook ASSOCIATE • BACHELOR’S • MASTER’S • DOCTORATE CONTENTMENT and CONFIDENCE in BIBLICAL FINANCIAL CURRICULUM, SOME PROGRAMS ARE ALSO OFFERED ACCOUNTING | ATHLETIC TRAINING | BUSINESS COACHING AND COUNSELING COMMUNICATIONS | COMPUTER SCIENCE | COUNSELING your finances. • NEXUS Peer2Peer Financial Discipleship CRIMINAL JUSTICE | EDUCATION | HEALTH SCIENCES Center at IWU Onsite MARKETING | MINISTRY | MANAGEMENT | NURSING INDIANA OCCUPATIONAL THERAPY | PSYCHOLOGY | SOCIAL WORK • Biblical Stewardship Curriculum Unit, for FOR MORE INFORMATION CONTACT OHIO ...AND MORE! Christian High Schools KENTUCKY 765-677-2103 | ronblueinstitute.com [email protected] • First Year Co-curricular Experience for Biblically- based Personal Finance [email protected] [email protected] • RBI LifeData App indwes.edu | 866.498.4968 ore than 30 years ago, Indiana Wesleyan University made a bold and ground- breaking commitment to serving adult learners with the launching of the dynamic LEAP (Leadership Education for Adult Professionals) program. The innovative approach to serving diverse learners had an initial focus on business education programs, which would lead to the formation of what is now the DeVoe School of Business, one of the Midwest’s largest and most influential business schools. The DeVoe School of Business has served learners through providing a faith-based business education which sharpens skills, clarifies reasoning, and helps students to further define personal and professional calling. Today, the DeVoe School of Business delivers education onsite at 16 regional education centers and online nationwide to thousands of learners across the landscape of the marketplace. With an alumni base numbering in the tens of thousands, the DeVoe School of Business has influenced the leadership of many business leaders throughout the nation. A hallmark of the DeVoe School of Business from its inception is the commitment to reach learners by taking the educational experience to them, from manufacturing plant floors to office buildings. This inaugural edition of The DeVoe Report is no different. We are continuing to find new ways to take education directly into the marketplace to increase business professionals’ access to valuable learning. It is my hope that you find the content of this reader helpful to your daily work. I am grateful to the many business leaders and industry experts who have partnered with us to bring this publication together. We look forward to sharing future editions with you. DR.DAVID WRIGHT President Indiana Wesleyan University CONTENTS Hardwork, Faith, & Family 7 Ryan DeVoe The Bible & Business Leadership Jerry Pattengale 10 A Conversation with Cheryl Bachelder 14 Kneeland C. Brown Business & Community Greg Enas 20 Something Different is Needed 24 Debbie Philpott How Some Corporations Have a Soul & Why It Matters for Modern Society and Economics Rebecca Samuel Shah 28 Alumni Spotlight Donna Meiser Choosing a Financial Advisor Justin Henegar 36 How Are You Set For Your Next Batch of Leaders 40 Michael Chase Financial Accountability Justin Henegar 44 Changing the World Through Business Duane Kilty 48 Quantitative Decision Analysis Justin Henegar 52 Virtuous Leaders & Organizations 56 Mark Brooker & Jeffrey W. Boyce Gary Wilkinson & Tom Vogel Gary Wilkinson, Kevin Cabe, 62 68 Marcus Myers & George Howell Alumni Spotlight Donna Meiser 72 authors DeVoeTHE REPORT Jeff Boyce, Ph.D., is the Assistant Dean for Ryan DeVoe is the CEO of DeVoe Holdings. play golf and recently played Bethpage Black in Curriculum and Operations for the DeVoe School Its companies include auto retail, finance, New York, which was the location of the 2002 of Business at Indiana Wesleyan University. He insurance, portfolio servicing, building supplies, and 2009 U.S. Open Golf Tournament. earned his Bachelor of Science in Physics, his and construction. Ryan earned his Bachelor MBA in Executive Management, and his Ph.D. in of Science degree from Miami University. He Donna Meiser is the Alumni Relations Organizational Management. Dr. Boyce was also spends his free time watching sports and his Coordinator for the College of Adult Professional a graduate in Lean Manufacturing from JCIT. kids’ events. Studies at Indiana Wesleyan University. Donna also serves as the worship minister at Florida Mark Brooker, Ph.D., is the Assistant Dean of Greg Enas, Ph.D., is the President of Trinity Station Church of God. She earned her master’s Teaching Faculty at DeVoe School of Business Fellows Academy and serves on the board for The degree in Management from Warner University. at Indiana Wesleyan University. Dr. Brooker Oaks Academy in Indianapolis. Dr. Enas holds Meiser pursued higher education as an adult has served as a manager and corporate officer a Ph.D. in Biostatistics and earned his Bachelor student. She received her undergraduate degree in private business, as well as an economist in of Science in Mathematical Sciences. Dr. Enas alongside her son and her graduate degree public government. He lives near Wilmington, and his wife, Kim, have three sons. He enjoys alongside her oldest daughter. Ohio with his family. running, biking, and basketball. Marcus Myers, BA, MBA, Ph.D., is an Assistant Kneeland Brown, Ed.D., serves as the Dean Justin Henegar, Ph.D., is the Executive Director Professor at the DeVoe School of Business of the DeVoe School of Business at Indiana for Research and Scholarship at the Ron Blue at Indiana Wesleyan University. Dr. Myers’ Wesleyan University. Dr. Brown holds a Doctor Institute for Financial Planning at Indiana professional experience includes serving as of Education degree with an emphasis in Wesleyan University. Dr. Henegar earned his Development Officer for the College of Business Higher Education Administration and resides Ph.D. in Personal Financial Planning, during Administration at Cleveland State University in Indianapolis with his wife Tearrah and their which time he focused his research on financial and the Director of Development for EMERGE four children. Dr. Brown has spent more than a literacy being taught by homeschooling Ministries. He has contributed to multiple decade in higher education administration and families. He also holds a Master of Business presentations and papers. has a passion for increasing the affordability and Administration in Leadership and Organizational accessibility of higher education. Development. Jerry Pattengale, Ph.D., is author of more than twenty books, has co-developed a top-ten-visited Kevin Cabe, BS, MBA, DBA, is an Assistant George Howell, DBA, is an Professor at the website, and has generated significant funding Professor with the DeVoe School of Business DeVoe School of Business in the College of Adult for projects. Indiana Wesleyan University named at Indiana Wesleyan University. Working in a and Professional Studies at Indiana Wesleyan him its first University Professor (2014). He liberal arts Christian higher education setting University. Prior to being an associate professor, holds various distinguished appointments brings two of his passions into convergence: Dr. Howell worked in several leadership and awards—including USC’s National Student developing highly proficient business students positions within the school. He holds a BA in Advocate Award, AP’s Hoosier State Press who can reason from a Christian worldview and Economics from Ripon College, an MBA from Association (2015 and 2016), and the National magnifying the glory of God in and through Indiana Wesleyan University, and a DBA from Endowment of Humanities. Dr. Pattengale serves Jesus Christ. Dr. Cabe’s interests include Anderson University. His interests include on several boards and was the founding director accounting ethics, business as mission, and marketing, management, services marketing, of the Scholars Initiative and the Education personal finance. customer satisfaction, and adult education. Department at Museum of the Bible. Michael Chase, Ed.D., is an Associate Professor Duane Kilty, Ph.D., is the Scholar in Residence Debbie Philpott, Ed.D., CPA, CMA, SPHR, of Business at Indiana Wesleyan University. for the DeVoe School of Business at Indiana SHRM-SCP, CGW, is a professor in the DeVoe He earned his Bachelor of Arts at Spring Arbor Wesleyan University. He holds a CFP, a CPA, School of Business at Indiana Wesleyan University. He also holds a Master of Science in a Master’s degree in both Accounting