VCU Ph.D.s Shine at Academy of Management
Posted on August 10, 2017
Congrats to VCU School of Business doctoral alumnus, George Banks (Ph.D., 2012), who was awarded the Early Career Award by the Research Methods Division of the Academy of Management at their Annual Meeting in Atlanta, Ga.
In addition, a paper with VCU doctoral student Sheila List as lead author was one of five nominees for the Best Paper award in the Research Methods division of at the Academy of Management. (List, S. K., Kepes, S., & McDaniel, M. A. (2017). Sensitivity analysis on the relation between extrinsic rewards and intrinsic motivation. Best Paper Proceedings of the Academy of Management Annual Meeting).
In receiving the Early Career Award, Banks follows in the footsteps of VCU graduate Ernest O’Boyle, (Ph.D., 2010), who won in 2015. Fresh off returning from Atlanta yesterday, S. Douglas Pugh, Ph.D., chair of the Department of Management, shared the good news. He says, “Clearly, we have established ourselves as a very strong program in this domain, and we are keeping company with faculty from some pretty impressive research schools.”
Early Career Award (sponsored by Sage Publications and CARMA)
Awarded to scholars who have made distinguished contributions to research methods, practice, and education during their early career stage. Candidates for the 2017 award must have received their PhD no earlier than 2010.
|Year||Name||Doctorate From||Current Institution|
|2017||George Banks||Virginia Commonwealth University||University of North Carolina at Charlotte|
|2016||Louis Tay||Univ of Illinois at Urbana-Champaign||Purdue University|
|2015||Ernest O’Boyle||Virginia Commonwealth University||Indiana University|
|2014||Nathan Podsakoff||University of Florida||University of Arizona|
|2013||Zhen Zhang||University of Minnesota||Arizona State University|
|2012||Mike Zyphur||Tulane University||University of Melbourne|
|2011||Mo Wang||Bowling Green State University||University of Florida|
|2010||Daniel Newman||Pennsylvania State University||University of Illinois at Urbana-Champaign|
Diane Leopold (MBA’98) to Give VCU Business Graduate Programs Commencement Address
Posted on May 11, 2017
Diane Leopold [View Image]
Alumna Diane Leopold will give the VCU School of Business Graduate Programs Commencement Address in a ceremony at the Dominion Arts Center on Saturday, May 13.
As president and chief executive officer of Dominion Energy, Diane Leopold oversees a business unit responsible for 2.3 million natural gas customer accounts in five states; 14,400 miles of natural gas transmission, storage and gathering pipeline; nearly 51,000 miles of gas distribution pipeline; more than 1 trillion cubic feet of natural gas storage; and 1.3 million retail energy and related services customer accounts in 13 states.
Her recent positions include senior vice president, Business Development and Generation Construction; senior vice president, Dominion Transmission; and president, Dominion Energy. Leopold is member of the board of trustees of Virginia Union University and recently served as president of the board of trustees of the Virginia Commonwealth University Foundation. She also serves as chair of the board of directors of the Interstate Natural Gas Association of America and is a member of the board and executive committee of the American Gas Association.
She graduated from the University of Sussex in the United Kingdom in 1989 with a bachelor’s degree in mechanical and electrical engineering. She received a master’s degree in electrical engineering (energy conversion, power and transmission) in 1993 from George Washington University and an M.B.A. from Virginia Commonwealth University in 1998.
For ceremony details, see https://sites.google.com/vcu.edu/graduatebusinessceremony/home
VCU Executive MBA Students Win ACG Cup
Posted on February 24, 2017
ACG team [View Image]
Virginia Commonwealth University School of Business took first place in the 2017 Richmond ACG Cup competition held on February 21, 2017 at the offices of presenting sponsor, Williams Mullen. VCU team members included Executive MBA students Catherine Brisland, Thomas Cleary, Greg Creel, Sarah Crews and Keith Perkins. Associate Professor Greg Waller served as the team’s advisor. In addition to the first place scholarship award of $2,250, Virginia Commonwealth University earned the right to display the Richmond ACG Cup Trophy for the next year.
The Richmond ACG Cup is a unique case study competition designed to give students from the commonwealth’s leading MBA programs invaluable insight into mergers and acquisitions, investment banking, and private equity.
Four MBA teams competed for $5,000 in scholarship money for their schools. University of Richmond placed second, winning a $1,250 school scholarship; The College of William & Mary’s Mason School of Business placed third, winning $1,000. The finalist team from Virginia Tech earned $500.
What could you create with spare change, some sticky notes and an abundance of VCU pride? The possibilities are endless
Posted on February 15, 2017
Featured photo [View Image]
Day 3 of the challenge called for participants to create something using or inspired by Sticky Notes.
It all started with a light bulb.
One day, long before the VCU School of Business enacted its EPIC strategic plan to promote creativity, Ken Kahn, senior associate dean, gave a light bulb — the symbol of ideas — to every faculty and staff member. It was a reminder that sometimes constraints kill ideas before they’re ever born and so faculty and staff should remain vigilant.
Suzanne C. Makarem, Ph.D., associate professor of marketing, and the 2016–2017 creativity czar, turned her light bulb into a necklace Feb. 10 to show her VCU School of Business pride. She did this on the final day of the school’s recent Creative Sprint, a 10-day challenge where faculty, staff and students were encouraged to create something different each day.
As czar, Makarem collaborated with a handful of colleagues to create each day’s challenge. Unlike a similar 30-day sprint held in the fall, this one was School of Business-centric.
“The 30-day one was done for the whole nation, everyone could participate,” she said. “This one was specific to the School of Business … we tried to link it a little bit to the way we think about things. And we tried to spread the word more and make it only 10 days.”
|Day 1: Make something that fits into the palm of your hand using the materials in your immediate environment|
|Day 2: Make something with or inspired by coins, any coins you can get your hands on|
|Day 3: Make something using or inspired by Sticky Notes|
|Day 4 : Make something inspired by a graph or chart|
|Day 5: Start something and have someone else finish it|
|Day 6: Find a creative way to pay someone a compliment or say “thank you!”|
|Day 7: Make something inspired by a business hero or the person who inspired you to join the business school|
|Day 8: Make something and leave it for someone else to discover|
|Day 9: Have someone teach you something you don’t know and do it|
|Day 10: Make something that shows your VCU School of Business pride|
The group added incentives, such as prizes each day, and created a Facebook page where participants could post their creations.
“We made it more collaborative,” Makarem said.
About 200 people joined the Facebook group. Some participated all 10 days, but others could pick which days they wanted to contribute based on the task. A table was set up in the Snead Hall atrium for one hour every day to remind passersby of the sprint and give them a place to create.
“People would come to the table and say, ‘Oh this is so cool,’” Makarem said. “Even the ones who didn’t create were like, ‘Oh, it’s so cool that we’re doing this.’”
Prizewinners were selected randomly — an important distinction to Makarem.
“It wasn’t based on judging the work,” she said. “And that’s what creativity is all about, putting ideas out there and not being shut down. So there was no prize based on judging what you did. It was just random.
“In the midst of all that creativity is fun.”
“Seeing everybody’s creations was just fun and one of the comments I kept getting was ‘this is fun.’ It’s part of our culture. It is creating that culture and environment of creativity and also training our brain, but in the midst of all that creativity is fun. And when you do what you do while having fun, that’s when you’re the best at it.”
Examples of art, design are everywhere, says 2016 Executive-in-Residence
Posted on November 3, 2016
Craig Dubitsky, founder and CEO of Hello Products, models a 1970s Panasonic R72 wearable radio while speaking to a marketing class at the Virginia Commonwealth University School of Business.<br>Photos by Pat Kane, University Public Affairs [View Image]Craig Dubitsky, founder and CEO of Hello Products, models a 1970s Panasonic R72 wearable radio while speaking to a marketing class at the Virginia Commonwealth University School of Business. Photos by Pat Kane, University Public Affairs
Red exit signs drive Craig Dubitsky nuts.
“What do you do when you see the color red? Stop. If there were a fire, would you want to stop?” asked Dubitsky, the VCU School of Business 2016 executive-in-residence. “It kills me. It drives me crazy. My level of agitation with these things is what’s driven me.”
Dubitsky, founder and CEO of Hello Products, a line of friendly, natural oral health care products, sees the design of everything, everywhere.
There is no such thing as a boring category, he said. People care about everything. In his case, it’s exit signs.
“Politics isn’t boring,” he said. “We care about everything. If you care about it how can it be boring? Everything is art. Life imitates art. Let’s create the art we want in our everyday lives. … You’ve got to make whatever you’re working on look awesome. If it isn’t cultural, emotional, economically relevant, it’s not innovative. If no one [cares], it doesn’t matter.”
“Everything is art. Life imitates art.”
People need to feel something, he stressed. If creatives don’t feel something first, how can they expect anyone else to feel passionate about their products? What’s more, the bar is set low everywhere.
“Most things kind of suck,” Dubitsky said.
The good news is innovation and opportunities are hiding in plain site.
Take the oral health care industry. Dubitsky found it not only unfriendly but downright offensive, with its aggressive marketing and packaging that promises to kill, eliminate and destroy odor, germs and bacteria.
“I was like, WTF?” Dubitsky said, noting that the global icon for good oral health is an extracted tooth. “Where’s the function, freshness, fashion, flavor?”
So Dubitsky created Hello toothpaste, which tastes awesome and does the same job as harsher products, but with healthier ingredients.
“No one was doing that. No one’s made toothpaste you can eat,” he said before squeezing about two tablespoons of Hello’s fluoride-free paste into his mouth and eating it.
Hello Products was named one of the top challenger brands — small brands that disrupt bigger brands — two years in a row, by the Challenger Project. But Dubitsky doesn’t want to be a challenger, he wants to be a questioner: “Why the hell wasn’t it always like this?” he asked.
“Innovation is word that gets abused a lot,” Dubitsky said. “Most people think innovation is technical. To me innovation is creating something that people fall in love with. We’re winning on an emotional level. Its an emotional innovation.”
The key, he said, is cultural currency — knowing what people want before they do.
Prior to launching New Jersey-based Hello Products, Dubitsky disrupted the home products industry as a founding board member of green-cleaning upstart Method Products and created a sensation again as co-founder of lip and skincare maker eos Products.
He met the Method founders when they were just two guys making soap in their bathroom.
“Who ever thought soap could be cool?” he said.
Now, Method is a piece of art you use every day.
VCU Decision Analytics Students to Compete in Governor’s Workforce Innovation Datathon Finals
Posted on September 6, 2016
Congrats and best wishes to Diya Abraham, Subhash Jaini, Garima Oza, Praveen Sreepuram and Khai Wisler, Decision Analytics Program, Department of Supply Chain Management and Analytics, School of Business. The Decision Analytics students formed a team that is one of five finalists for the Governor’s Workforce Innovation Datathon Challenge.From left: Garma Oza, Diya Abraham, Gov. Terry MuAuliffe, Praveen Sreepuram, Khai Wisler and Subhash Jaini. [View Image]From left: Garma Oza, Diya Abraham, Gov. Terry McAuliffe, Praveen Sreepuram, Khai Wisler and Subhash Jaini.
In August, the team faced off against 16 teams from across the state in the two-day live analytics challenge. The teams had two days to take a new, highly enriched and curated Jobs Demand dataset and turn it into actionable information to support the governor’s goal of filling the more than 250,000 open jobs in Virginia’s postindustrial service economy.
Five teams from various businesses and professional organizations, including the VCU students, were selected to move to the pitching and judging round, which will happen Sept. 7.
Two of the other top five teams have direct connections to the School of Business’ Masters of Decision Analytics professional track program. Spenser Ferguson, Class of 2016, is on one of the final teams and Bill Cannell, an adjunct professor, is on the defending champion VDOT team.
Decision Analytics Program Named Finalist for RichTech Awards
Posted on April 13, 2016
On Thursday, April 7, RichTech, Richmond’ Technology Council announced the VCU School of Business Decision Analytics Program as an awards finalist in this Innovation in Education category.
Stephen Custer, Ph.D., program founder and faculty advisor, says, “This is a tribute to the faculty, staff and Advisory Board that worked to make a concept a reality and continue to maintain and improve the program. It’s also recognition of the outstanding students who are the heart of the program.”
The Decision Analytics program started two years ago and has drawn students from a wide variety of academic backgrounds with an interest in the growing field of analytics. Almost 75% of the program’s first cohort, the Class of 2016, have already reported positive career changes, such as promotions and raises, since starting the program. They will graduate in May.
RichTech, Richmond’s Technology Council, is a member-driven association of businesses and organizations working together to ensure the continued growth of central Virginia’s dynamic technology-based economy. RichTech supports the growth of existing technology industries and identifies Greater Richmond as the location of choice for new and emerging technology companies.
The award winners, chosen from among the finalists, will be announced at the RichTech Gala on May 11. For a complete list of finalists and more information on the gala, visit http://richtech.com/meet-the-gala-finalists/
Greek vintner entering U.S. market with VCU assist
Posted on February 25, 2016ikos Kavounis, second from right, is bringing his Greek sparkling wine to the U.S. with help from VCU MBA students Jonathan Stoffer, left, Matt Guise and Kristina Friar. Photo by Jonathan Spiers, Richmond BizSense. [View Image]ikos Kavounis, second from right, is bringing his Greek sparkling wine to the U.S. with help from VCU MBA students Jonathan Stoffer, left, Matt Guise and Kristina Friar. Photo by Jonathan Spiers, Richmond BizSense.
A trio of graduate students in VCU’s School of Business is helping a Greek vintner uncork the U.S. market.
Kristina Friar, Matt Guise and Jonathan Stoffer, three students in the school’s executive MBA program, spent the past year developing a go-to-market strategy for Chimera sparkling wine, marketed by Athens-based Oinovation.
Nikos Kavounis, founder of Oinovation – its name a combination of “innovation” and “oinos,” the Greek word for wine – met the students last year at a business incubator when they visited Greece through the school’s “Global Challenges” program. The trips expose students to facets of international business and tasked them with helping entrepreneurs and startups with various challenges.
The challenge for Kavounis was how to market Chimera, a sparkling wine infused with organic saffron, to U.S. importers and distributors. Through the strategy the students developed, Kavounis was connected with three importer-distributors, including Richmond-based Athinian Imports Inc.
Read the full story in Richmond BizSense
Strengthening the herd: School of Business program connects students and mentors
Posted on January 30, 2016
Strengthening the herd: School of Business program connects students and mentors
image [View Image]
By Anthony Langley
“I’ve always believed that when we meet new people we learn from their lives, and when we add that to our experiences, we move forward and become better,” says Rita Saleem, a senior studying in the Virginia Commonwealth University School of Business.
In her final year at VCU, she signed up to for the CONNECT mentoring program (formerly Ram to Ram), where she was paired with a mentor in her field of study, human resources. The only thing she regrets about joining CONNECT is that she didn’t do it sooner.
The business school’s mentoring program provides a way for students to cultivate professional relationships with alumni and friends of the university before they enter the workplace. Students and their mentors connect in a variety of ways, including attending professional events, talking by phone and exchanging emails. Mentors provide valuable resume and interview critiques along with information to help students attain their career goals.
The program, started in 2010, operates through a partnership between the VCU Business Alumni Society and the school’s Office of Student and Alumni Engagement. The mentoring program is one of two ways that students and professionals can engage with each other in a one-on-one setting. The second program, EXPLORE, pairs students with volunteers for informational interviews, where students can research, through conversation, different career paths. Both CONNECT and EXPLORE have grown significantly in the past few years, as more students, like Saleem, recognize the value of connecting with alumni. This year, CONNECT had 105 mentors and 111 students participate.
“No matter how old you are, I think it’s good to have a mentor,” says Hamilton Bryan (B.S.’13/B), a customer service administrator for Porvair Filtration Group Ltd. in Ashland, Virginia.
Bryan enrolled in the School of Business as an adult after being in the workforce for many years. Though he was initially worried about the transition from professional to student, he credits the faculty at the school for removing any doubts he had.
“There’s really a concerted effort from everyone there to make sure that you succeed,” he says. “When I found out about [CONNECT], I thought this would be another opportunity to help someone else.”
Bryan, who’s in his second year as a CONNECT mentor, says he emphasizes to students the importance of setting goals and working toward them. Teaching students to think first and understand the action they’re about to take, instead of charging head in, makes all the difference in both life and their professional careers, he says.
The program is about providing support as students prepare to make their transition from school to career, he adds. “It shows students that there are people that are here for you, that you can come to, that have something to offer.”
Local consultant Nancie Wingo also serves as a mentor for CONNECT and says networking and making professional connections before entering the workplace is the key to opening up new doors for students. While not a VCU graduate, Wingo is among a growing number of local business professionals eager to support the business school and its students.
“I’m a huge supporter and fan of VCU, and I credit [VCU] for a lot of the positive things going on in Richmond,” Wingo says. “I jumped at the chance to be a mentor. It’s a great program for everyone involved.”
Though it is her first year with the program, for her, mentoring a student is very similar to her work as a professional coach. In her business, Wingo Coaching, she works collaboratively with her clients to create a plan of action and achieve results.
“I believed I had something to contribute,” she says. CONNECT “gave me the opportunity to work with a student and help them create or improve their own plans to get them where they want to be professionally.”
Wingo was paired with Saleem, who serves as president of SHRM@VCU and was looking for a way to gain real-world experience in human resources instead of just reading about it in textbooks. During her time with Wingo, Saleem honed her interviewing skills, realized the importance of networking and outlined the steps she needs to take to reach her career goals.
“We shared the ways we go about achieving goals,” Saleem says. “Even though we work differently, I think we both found new ways to try and accomplish things.”
Wingo agrees and says she, too, benefited from the mentoring process.
“We’re from different generations, we have different experiences, and I can learn just as much from her as she can from me,” she says.
For both Bryan and Wingo, CONNECT gave them the chance to share their experiences and skills with students preparing to enter the workforce. Both are enthusiastic about coming back for another year and are excited for the program’s future.
“I want [to mentor] more students,” Bryan says with a smile. “There are so many students who want to be a part of this. I’m just glad I can keep making these connections.”
To learn more about CONNECT and EXPLORE, or for more information on becoming a mentor, email@example.com or visit go.vcu.edu/ramtoram.
— Anthony Langley is a VCU senior majoring in mass communications.
MBA Grad Patents Photo Tool
Posted on January 30, 2016
Kothari with Patent [View Image]
Congrats to VCU School of Business alumnus Ankit Kothari (MBA ’08) on his new photo tool patent that will allow event attendees to upload and share their event photos to one place. This community photo sharing tool will provide event hosts with greater coverage and easier access to photos taken at an event. Read the Richmond Times Dispatch article here.