Fogelman Focus Interactive Newsletter
Fogelman College of Business & Economics, April 2009

In this Issue...

Welcome to the Spring ’09 Fogelman College e-Newsletter

Dean Grover Looks at Revamping Undergraduate Business Programs

The Fogelman College Entrepreneurship MBA

New Fogelman College Executive MBA Project Initiative

Fogelman College Constituent Input

Fogelman College Outreach Initiatives

The Fogelman College Hosts the Disney Institute

Fogelman College Faculty News Briefs

Current Research in the Fogelman College


Support Your Fogelman College

Share Your Feedback


Links

Go To Fogelman College Website

Update Your Contact Information

Fogelman College Internships

UM Alumni Association


Contact Us

For information about any of our programs please contact Dr. Tom Miller, Alumni Relations.

E-mail: fcbealum@memphis.edu

Phone: +1 901.678-3068

 
 
Welcome to the Spring ’09 Fogelman College e-Newsletter

Rajiv Grover

Dean Rajiv Grover and the Fogelman College faculty continue to make great strides in moving the College forward.  This e-newsletter features articles about the revamping of our undergraduate degree programs, the announcement of an additional track, the Entrepreneurship MBA, in our Customer-Driven MBA program, an executive education program lead by the Disney organization, and greatly improved communication and feedback channels for students, faculty, and other constituents of the college.  The Fogelman College is determined to continue to innovate in its programs and in its relationships with its students and with the Memphis business community to be a full partner in the growth development of prominence of the MidSouth region.

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Dean Grover Looks at Revamping Undergraduate Business Programs

Undergraduate Business Programs

A centerpiece of Dean Grover’s vision for the Fogelman College is to make its degree programs responsive to the needs of the Memphis business community. Changes to the MBA programs have been implemented; the new Customer-Driven MBA program is slated to begin next fall (Fall 09.)  Now, the focus on change moves to the undergraduate degree programs.  It is just as important that our undergraduate programs are customer-focused as our graduate programs.  We have formed an undergraduate program revision committee, with representation from each of our six departments, to thoroughly review, modernize, and improve the relevance of our undergraduate degree programs.  With a great deal of input from faculty, students, and the business community, and more still coming in, this committee is considering at least five areas of program improvement and innovation.  More such areas will be considered as they come up.
  1. The four C’s.  Leaders in the Memphis business community have been telling us that while our students graduate with a solid set of academic skills, they would benefit from more interpersonal and communications skills that are necessary for achieving sweeping success in the business world.  In response, we have identified “the four C’s”: Confidence, Communication Skills (both oral and written,) Creativity, and Emotional Control.  Extensions to these include an ethical understanding of business and such practical matters as interviewing skills.  We are determined to develop our students into graduates who can confidently make convincing presentations to corporate executives.  Graduates who can successfully sell new ideas to their companies and products to their customers.  Graduates who can create and grow new and successful companies.  `Graduates who can take the University of Memphis motto: Dreamers, Thinkers, Doers, and earn the respect of their business world colleagues while advancing their organizations and themselves.

Read more about undergraduate business programs on our website »

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The Fogelman College Entrepreneurship MBA

Entrepreneurship MBA

The Fogelman College is looking forward to inaugurating its new Customer-Driven MBA (CDMBA) program this fall.  And now, in addition to its previously announced BioMedical and Services Marketing tracks, the program will offer a third track: Entrepreneurship, which we will call the Entrepreneurship MBA.  Entrepreneurs from Memphis have changed the world by following their dreams. FedEx, AutoZone, and Holiday Inn are some of the examples of companies that were born in Memphis.  Memphis is also a hotbed of entrepreneurial activity in the Biomedical Devices area as it has companies such as Smith & Nephew, Medtronic and Wright Medical housed here.  Each year the Fogelman Entrepreneurship MBA will give dreamers the skills to continue this tradition.

Read more about Entrepreneurship MBA program on our website »

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New Fogelman College Executive MBA Project Initiative

New Fogelman Executive MBA Project Initiative

The Fogelman College is justifiably proud of its Executive MBA (EMBA) program, which is the only AACSB-accredited EMBA program in the Memphis area.  It has attracted high-powered rising executives and its graduates have gone on to make significant contributions to their companies.  Even though we expect graduates of the EMBA program to do wonders and add significant value to their companies, in these trying times, seeing a tangible and immediate return on investment will go a long way in making the decision to sponsor EMBA students.

So, beginning with the Fall ‘09 EMBA cohort, we are instituting a requirement that all EMBA students work on a project that either saves their sponsoring companies at least $100,000. or adds a net margin to the tune of at least $100,000.  This amount will more than compensate companies for the tuition and fees they pay for their employees’ EMBA program.  The project can be done in any area, for example accounting, marketing, supply chain, logistics, new product development, etc., and at anytime in the EMBA program.  Creativity and ideas can come in any course.  The project will be supervised by an appropriate faculty member.  Academic credit for the project course will be given.

Learn more about Executive MBA program »

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Fogelman College Constituent Input

Fogelman College Constituent Input

Student Feedback – “Our Voice Counts”

Dean Grover’s “Our Voice Counts” program for soliciting student feedback has been an instant success.  Through his visiting classes and providing a web site for student comments and suggestions, Fogelman College students feel empowered to help improve the College.  Excellent suggestions are flowing in and being acted upon!

One such suggestion is that the College institute a system of online chats for each course offering through which students can, for example, ask professors questions, continue discussing cases that were introduced in class, and clarify class work with each other.  Another suggestion is that the College standardizes where and how faculty post materials online (there are currently several options and no uniformity among the faculty on this matter.)  Yet a third suggestion is that the classroom building has more power outlets to accommodate the increasing use of laptop computers among the students.  Overall, we intend to take the good learning environment that we have and make it even better by assuring that our professors are being as effective as they can be in the classroom and coordinating their office hours with the students’ schedules.

Read more about Fogelman college constituent input »

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Fogelman College Outreach Initiatives

Fogelman College Outreach Initiatives

Third International Research Workshop on Advances and Innovations in Software Testing

The Fogelman College Department of Management Information Systems will host The Third International Research Workshop on Advances and Innovations in Software Testing, at the U of M's FedEx Institute of Technology on May 3-5, 2009. The workshop aims to bring together the very best research and industry practice on the subject of Software Testing. The workshop invites submissions related to all theoretical and practical aspects of testing including hardware testing, software testing, requirements testing, and the testing of business rules.  The workshop is organized by the Systems Testing Excellence Program (STEP) at The University of Memphis. STEP is an interdisciplinary program under the auspices of the Departments of Computer Science, Management Information Systems and Computer Engineering, and the FedEx Institute of Technology.    The workshop will be a mixture of presentations and open discussions, and it is anticipated that attendees from both academic and industry practice will benefit greatly from the interchange of ideas and methodologies on display.  For details, go to step.memphis.edu and click on Testing Workshop 2009.

Future Business Leaders of America at the Fogelman College

On February 23, 2009, Dean Rajiv Grover of the Fogelman College of Business & Economics of the University of Memphis welcomed approximately 612 high school junior and senior students from the region to the college and university. The students were participating in 38 distinct competitions relating to a wide variety of business application areas such as accounting, business technology, communications and multimedia design. These competitions were organized by the Future Business Leaders of America – Phi Beta Lambda (FBLA) for students attending Memphis City Schools and Shelby County Schools. 

Read more about Fogelman college outreach initiatives »

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The Fogelman College Hosts the Disney Institute

Fogelman College Hosts the Disney Institute

The Fogelman College of Business at the University of Memphis hosts Disney Institute on May 27, 2009.

It doesn't take any training to recognize that the world's economy has taken a precipitous fall. It does take effective and proven professional development training to lead impacted organizations back to the summit.

A one-day local workshop, the Disney Keys to Excellence program is a rare and affordable occasion to learn best business practices from Disney insiders, and find ways to easily and immediately adapt and apply those best practices to pick up the pace in these slow economic times.

Organizations from across the nation and around the world have learned proven philosophies, adapted critical lessons, and implemented effective processes to reap the rewards of improvements in leadership, management, service, and brand loyalty.

Professional development doesn't cost—it pays.  It pays by creating a framework of focused energy in a vacuum of uncertainty.  It pays by helping an organization gain share in a slow economy.  It pays because it has been proven to strengthen employee morale and retention, which will be critical to emerge from tough times.

IMPORTANT: Please use The Fogelman College of Business at the University of Memphis promotional code UMEMSNE to receive $50 OFF PER PERSON when registering. Additional group discounts are available.

TO LEARN MORE AND REGISTER GO TO: www.KeysMemphis.com

No prerequisite training required.

Read more about Disney Keys to Excellence program hosted by Fogelman college »

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Fogelman College Faculty News Briefs
This edition of Fogelman College Faculty News Briefs includes the latest on our professors’ achievements as well as notes about a few of our current or former doctoral students.  First, our faculty:

John Amis

Dr. John Amis, Associate Professor of Management, is a recipient of the University of Memphis 2008-09 Alumni Association Distinguished Teaching Award.  K. K. Fung, Professor of Economics and Doug Campbell, Instructor of Economics, were finalists for the award.  Dr. Amis was one of four professors at the U of M selected by the association’s Distinguished Teaching Award Committee for this prestigious honor.  Funded and sponsored by The University of Memphis Alumni Association, this award annually recognizes excellence in teaching at the undergraduate and graduate levels.

Read more about Fogelman college faculty news briefs »

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Current Research in the Fogelman College

Research is an important part of the workings of a fully AACSB accredited business school, such as the Fogelman College.  Our faculty members’ research projects run the gamut from applied to theoretical.  Some of them are direct outcomes of interactions with local Memphis businesses.  Here are a few of our current projects.

Human Supply Chain Management: Employee Recruitment and Retention in the Navy

A group of researchers is developing simulation models to study the complex “human supply chain” at the US Navy. The simulation modeling effort focuses on processes and activities involved in recruiting, training, fleet assignment, and contract renewal of sailors.

The main objective of this research is to understand the dynamic and stochastic behavior of this complex system and study the impact of a host of alternative recruiting, training, fleet assignment, and contract renewal strategies. The eventual objective of the study is to improve the effectiveness of this “human” supply chain from time, cost, and quality perspectives. Considering the fact that the US Navy personnel budget is $25B, a few percentage improvements in the cost associated with this human supply chain may save taxpayers millions of dollars.

The project is ponsored by: $500K research grant from Department of Defense & the U.S. Navy and involves researchers from the Fogelman College of Business & Economics, Enterprise Simulation and Optimization Lab (eSOL), FedEx Center for Supply Chain Management, and Navy Personnel, Research, Studies and Technology.

Mehdi Amini

The research group comprises Dr. Mehdi Amini (mamini@memphis.edu, Enterprise Simulation and Optimization Lab (eSOL) and Department of Marketing and SCM), Dr. Mike Racer (Enterprise Simulation and Optimization Lab (eSOL) and Department of Marketing and SCM), Dr. Brian Janz (FedEx Center for Supply Chain Management and Department of Management Information Systems), Dr. David Allen (Department of Management), Dr. Ernie Nichols (FedEx Center for Supply Chain Management and Department of Marketing and SCM), Nagendra Rao (MBA Student, FCBE), and Kalyani Jala (MBA student, FCBE).

Read more about current research in the Fogelman college »

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