/September 2016

September 2016

September 2016

Dean’s Message

I hope your semester is off to a great start! It was great to see so many of you and your family members at the annual Welcome Back Picnic. Thank you to the Dean’s Marketing Team (Michele Appelgate, Gracen Kostelecky, Emily Bowman and intern Amy Griffith) and to Heather Forburger for organizing this wonderful gathering.

I would like to highlight another opportunity to get together as we host a reception to welcome our new faculty and staff. Please join us Friday, September 9 from 4:00-5:30 p.m. in the Bergstrom Commons. Drinks and appetizers will be served. Please RSVP to Heather Forburger if you plan to attend: heatherf@iastate.edu

I’m pleased with the turnout for the second cohort in the Master of Business Analytics program, which began here the first week of August with 32 students. This is a diverse class that has even drawn one student from Greece and one from Kosovo! Both applied to Iowa State University because of this highly ranked program. I would like to thank everyone involved in making this a successful program, in particular Sree Nilakanta, program director.

Please mark your calendars for Business Week 2016, which we will celebrate September 12-16. This annual event includes the inaugural CEO Speaker Series, featuring Dan Houston (’84, Business Administration — Marketing), CEO of Principal, and a valued member of our Dean’s Advisory Council. Join us at 5:30 p.m. in the Stark Lecture Hall for Dan’s lecture, “Journey of a CEO.” Please encourage students to attend this special event. All Business Week events can be found here. Business Week leads up to the Business, Industry and Technology Career Fair September 21, 2016 (employer registration will be available in May) from 12:00-6:00 p.m.

The 2016 United Way Campaign begins Friday, September 9. You will receive your United Way envelope in campus mail that day. Let’s continue to show everyone that the College of Business faculty and staff care for those in need within our own communities. Our goal as a college this year is $45,000.

A recent study revealed that 42% of working people in Story County struggle to provide the basic needs for their families. Please help us impact programs in Story County that make a difference in the lives of families who struggle financially. Donations of all sizes are important and appreciated. Consider these examples of how your donation will make a difference.

  • Before and after school care for one child, for two days = $10
  • Membership costs for one child for the school year at the Boys & Girls Club of Story County = $12
  • Two boxes of food through the Senior Food Program = $20
  • Two months of assistance in paying bills = $50
  • Formula for one infant for two weeks at the University Community Childcare = $50
  • Six nights of shelter for one adult = $150
  • One year of the Backpack Program (a bag of food a child receives to prevent them from being hungry over the weekend) for one child = $150
  • 2,600 pounds of food for the food pantry purchased at the Food Bank of Iowa = $365 ($1/day)

More emails will be sent out within the next few weeks regarding this year’s campaign and new special events you can participate in to support the United Way Campaign. If you have any questions or ideas, please contact Tara Fisher, tfisher@iastate.edu.

Facts on hunger in Story County:

  • One in four children in Story County qualifies for free or reduced lunch at their school. Some of these families are unable to provide food for their children outside of school, especially over the weekend or summer months.
  • Each year, between 150 and 200 school children in Ames fit the definition of homelessness laid out in the federal McKinney-Vento Homeless Education Assistance Act, which is “children who lack a fixed, regular and adequate nighttime residence.” (Link to article here).
  • More than one in 10 Story County residents lives below the poverty line. Despite the efforts to address the problem, we know that the number of people in our county who go to bed hungry at night is much higher than most of our general population recognizes, including more than 2,000 children that are among Story County’s hidden hungry.

Accounting Department

Melvin Lamboy-Ruiz, Ph.D., Assistant Professor of Accounting:

  • presented a paper co-authored with Pamela C. Smith and Donald Lien (both from The University of Texas at San Antonio), titled “Optimal Threshold of Charity Care and Bad Debts for Maintaining Tax-Exempt Status in Nonprofit Hospitals,” at the American Accounting Association Annual Meeting in New York City on August 10.
  • accepted to be the 2016-2017 newsletter editor for the AAA Diversity Section during their business meeting at the American Accounting Association Annual Meeting in New York City on August 10. 

Olena Watanabe, Ph.D., Assistant Professor of Accounting:

  • served as a moderator and a discussant at the American Accounting Association Annual Meeting in August, New York.
  • had a paper presented by a coauthor at the Journal of Accounting Auditing and Finance Conference. The paper is titled “Proprietary Costs of Competition and Financial Statement Comparability” and is coauthored with Scott Seavey, University of Nebraska, and Michael Imhof, Wichita State University.

Zhejia Ling, Ph.D., Assistant Professor of Accounting:

  • presented a paper “SEC Comment Letter Disclosures and Short Selling” (co-authored with Sam Lee and Zabihollah Rezaee) at Southwestern University of Finance and Economics in China.
  • presented a paper “Does 10-K Disclosure of Corporate Social Responsibility Reflect Operating Performance Consistent with Consumer Preference?” (co-authored with James CannonQian Wang, and Olena Watanabe) at the American Accounting Association Annual Meeting.
  • presented a paper “Selective Disclosure and the Role of Form 8-K in the Post-Reg FD Era” (co-authored with Cristi Gleason and Rong Zhao) at the American Accounting Association Annual Meeting.
  • served as a moderator and a discussant at the American Accounting Association Annual Meeting.

Diane Janvrin, Ph.D., William L. Varner Associate Professor of Accounting:

  • presented a paper co-authored with Maureen Mascha – Purdue University Northwest and Melvin Lamboy-Ruiz, Ph.D., Assistant Professor of Accounting, titled “Auditing the Financial Close Process: An Investigation of the Current Procedures and Implications for Future Research” at the American Accounting Association Annual Meeting in New York City on August 8.
  • participated in a panel titled “Ideas for Implementing AACSB Standard A7” at the American Accounting Association Annual Meeting in New York City on August 8.
  • presented a case developed with assistance from Mike Prindle, Lecturer of Accounting, Jacob Hall (MACC student), Hunter Kuta (freshman honors student), and Kamron Van Hulzen (freshman honors student) as part of a panel titled “Big Data Cases in the Classroom”  at the American Accounting Association Annual Meeting in New York City on August 9.
  • participated in a panel titled “The Importance of Data Analytics in Auditing Education” at the American Accounting Association Annual Meeting in New York City on August 10.

Mike Bootsma, Dean’s Teaching Fellow and Senior Lecturer of Accounting, and Bill Dilla, Ph.D., Union Pacific/Charles B. Handy Professor in Accounting, presented at the Institute of Internal Auditors’ (IIA) Midwest District Conference, Des Moines, in August. The conference was attended by internal audit professionals from across Iowa and Nebraska. Mike spoke on “The Accountant’s Duty of Due Diligence: Intentional & Unintentional Mistakes.” Bill’s topic was “Fraud in the Virtual World.”

Bill Dilla presented to the Twin Cities’ Association of Certified Fraud Examiners’ (ACFE) quarterly continuing education workshop on August 17. His presentation was on “Virtual Currencies, Real Risk.” The workshop was attended by over 100 fraud examination professionals.

Michael Bootsma, Dean’s Teaching Fellow and Senior Lecturer of Accounting, and Melanie Gella, Career Coordinator, visited John Deere to listen to intern presentations by COB students Ben Claeys, Ryan Decker, Hannah Kuhn, and Nicolas Stumbo.

Sam (Sunghan) Lee, Ph.D., Assistant Professor of Accounting:

  • presented “SEC Comment Letter Disclosures and Short Selling” and “Managerial Ability and Corporate Social Performance” at 2016 AAA annual meeting in New York, NY.
  • His three papers are presented by his coauthors at 2016 AAA annual meeting in New York, NY. “CEO Networks and Information Aggregation: Evidence from Management Forecast Accuracy,” “The Usefulness of Timely Information: The Case of Comparable Store Sales Growth,” and “Accounting Conservatism, Overinvestment, and Post-SEO Stock Market Performance.”

Business Career Services

Welcome back to the fall semester!

Fall 2016 Upcoming Career Events – Mark Your Calendars!

  • Mock Interview Day for College of Business students is Wednesday, September 14.
  • The Speaker Series for Business Week 2016 will be September 12-20.  Specific speakers, dates, locations, and times will be announced in early September.
  • The Business, Industry, and Technology Career Fair will be held on Wednesday, September 21 in Hilton Coliseum from 12:00 – 6:00 p.m. Our annual Leadership Breakfast will be that morning prior to the Career Fair from 9:00-10:30 a.m.

Employer Development

In July, our staff met with the following companies in St. Louis: HLK, Levi, Ray and Shoup, Inc., and Nestle. In August, our staff met with the following companies in Dallas: AT&T, American Airlines, BNSF Railway Co., and Southwest Airlines. In August, our staff met with the following companies in Denver: Ardent Mills LLC, Hein & Associates LLP, and JBS USA. In addition, our staff also met with ACT, Deloitte, Denman & Company, EY, Geico, KPMG, Lennox, Modern Woodmen, Pella, PepsiCo, PwC, RSM, and Workiva.

Employers Circle

Business Career Services hosted the Annual Employers Circle on August 2 in the Kreiger Broadroom. The following companies attended: Altec, Cerner Corporation, Danfoss, EY, HNI Corporation, J.B. Hunt, Land O’ Lakes, Nationwide Insurance, Northwestern Mutual Financial Network, Optum/UnitedHealth Group-Optum Technology, Pella Corporation, Principal Financial Group, Renewable Energy Group, Sherwin Williams, Transamerica, Union Pacific, Wells Fargo, Workiva, and Worldwide Logistics.

Dean’s Marketing

As we start the new school year, we’d like to welcome all new faculty and staff and explain who is on our marketing team and what we can do for you:

Michele Appelgate, Director of Marketing & Alumni Relations — supervises and leads the team. Under the direction of the Dean, she aligns the marketing efforts with the College of Business strategic plan. She leads the team to create a variety of marketing materials that promote the college, our events, programs, our students, alumni, faculty, research, and others as needed. She collects entries for the monthly CoB Online, writes for and prepares the college magazine, Prospectus, each fall and spring. She also writes and coordinates the college e-newsletter, Discover Business, which reaches all alumni and key stakeholders once at the beginning and once at the end of each semester.

Assistant Director of Marketing & Alumni Relations – currently vacant.
This is a new position, with applications currently being accepted. It was primarily an event coordinator in the past. The new position includes writing and marketing/communications, as well as coordinating all CoB events. This person will serve as back-up when the Director of Marketing is away from the office.

Gracen Kostelecky, Web Manager, is the lead person for creating a new website for the college. That project is currently in progress and has involved several meetings with faculty and staff for input. Updates on the progress of the website will be coming soon. Gracen is also our main photographer, and videographer.

Emily Bowman, Graphic Designer, creates flyers, posters, banners, plasma TV promotions, advertisements, and rotator images that you see on our home page of the website. Emily manages the college’s social media sites, and serves as back-up for photography as needed.

Amy Griffith, Marketing Intern, is a senior in journalism who plans to graduate in the spring. She has excellent writing skills and is helping us prepare content for marketing materials, including the website. She will also assist with events, and help coordinate materials for the CoB Online and Discover Business once she gets settled in. You may meet with her as we gather content from your department. Please help us welcome Amy!

Important message about promotional items: If you or someone in your department is interested in purchasing promotional items for the college (t-shirts, giveaways, etc), please contact Emily Bowman or Michele Appelgate to let us know about the plans. Anything that is ordered with the words Iowa State University or College of Business must go through Trademark for approval. Emily is an excellent resource for you, and can help design your item within Iowa State branding guidelines. This helps you get through Trademark quickly.

Gracen Kostelecky, Web Manager, attended a webinar titled “Optimizing Instagram for Your Business” hosted by HootSuite. He also attended an AMA Iowa keynote and workshop titled, “Blue Goldfish: Using Technology, Data, and Analytics to Create Profits and Prophets” with Michele Appelgate, Director of Marketing & Alumni Relations.

Finance Department

Valentina Salotti, Ph.D., Associate Professor of Finance:

  • has been appointed as the new Equity Advisor for the College of Business. The College of Business Equity Advisor (EA) actively works toward helping the college achieve goals of diversity, equity, and community.  Specifically, the EA provides guidance to department leadership to support the goal of recruiting and retaining a diverse faculty and nurturing departmental climates of inclusive excellence.

Marketing Department

Aditya Gupta, Ph.D., Assistant Professor of Marketing, along with co-authors Rui Wang, and Rajdeep Grewal (2016), have an article titled “Mobility of Top Marketing and Sales Executives in Business-to-Business Markets: A Social Network Perspective,” accepted for publication in the Journal of Marketing Research (JMR).

José Rosa, PhD., Professor of Marketing, received two honors:

  • The American Marketing Association’s Williams-Qualls-Spratlen Multicultural Mentoring Award. This award is to encourage and reward outstanding mentors of people of color in the academic marketing community. Individuals receiving this award will have demonstrated exceptional ability in guiding the academic and/or professional growth of his/her students and junior colleagues in marketing. Award recipients will have had a sustained career commitment to mentoring as well as a significant positive impact on their mentees’ careers. Moreover, through their mentees, they will have advanced research and education on issues where racial, ethnic, and cultural diversity intersect with the discipline and practice of marketing. By recognizing and rewarding such efforts, this award can help to make a difference in facilitating the success for students and emerging scholars by encouraging and recognizing the contributions of outstanding marketing scholars who have helped to create opportunities for success.
  • Rosa was also inducted into the PhD Project’s Hall of Fame. The PhD project, an award-winning program designed to increase the diversity in management, established the Hall of Fame in 2011 to recognize and honor individuals whose positive leadership has resulted in significant encouragement and impact within the PhD Project’s network of minority business doctoral students and faculty. When The PhD Project was created, there were only 294 qualified African-American, Hispanic American or Native American business professors in all U.S. business schools. Today, there are more than 1,250 minority business professors. Further, over 350 minorities are currently enrolled in doctoral programs, and will take a place at the front of the classroom over the next few years. Iowa State University is a supporting university member of the PhD Project.

Management Department

Andreas Schwab, Ph.D., Associate Professor of Management and Dean’s Fellow in Management:

  • Conducted a professional development workshop titled “How to Improve on Statistical Significance: Effect Sizes, CIs, Graphs and Baseline Models” with Bill Starbuck (University of Oregon) and Sam Holloway (University of Portland) at the annual conference of the Academy of Management.
  • His paper titled “The Best Defense is a Good Offense: Responding to a Strategic Shift in the NFL” which he co-authored with Danny Gamache (University of Georgia), Jamal Shamsie (Michigan State University), and Joel Koopman, J. (University of Cincinnati) was presented at the same conference.

Andreea N. Kiss, Ph.D., Associate Professor of Management:

  • presented a paper titled “An Identity-Based Perspective on Incumbent Reaction to Business Model Innovation” (co-authored with Y. Snihur and P.S. Barr) at the Academy of Management Conference Meeting in Anaheim, CA, August 2016.
  • was an invited participant in the Mid-Career Consortium of the Entrepreneurship Division organized during the Academy of Management Conference Meeting in Anaheim, CA, August

Florence Honoré, Ph.D., Assistant Professor of Management, at the Academy of Management in Anaheim, CA,  August 5-9:

  • received a Certificate of Distinction for the Heizer Best Dissertation Award from the Entrepreneurship Division
  • presented the paper “Entrepreneurial teams’ acquisition of talent: a two-sided approach” that was nominated for the William H. Newman Award best annual meeting paper based on a recent dissertation
  • was the discussant of the paper session “Paid Work or Self-Employment”
  • was the chair of the paper session “Heterogeneous Approaches Linking Innovation to Firm Performance”

David King, Ph.D., Associate Professor of Management:

  • Article Accepted: Bauer, F., King, DR, Matzler, K. Forthcoming. Speed of acquisition integration: Separating the role of human and task integration. Scandinavian Journal of Management.
  • Panelist: Inside Out: Evaluating and Executing the Deal.” Iowa M&A conference hosted by Faegre Baker Daniels LLP in Des Moines, IA: 4 August.
  • Conference Presentation: King, D., Gupta, V., Baker, A., Tempio, M., Nalick, M., Pierce, C. 2016. Impact of the Disclosure of Executive Workplace Social-Sexual Behavior on Firm Performance. Academy of Management, Anaheim CA: 5 -9 August.
  • Chair: Business Policy and Strategy session at Academy of Management Meeting on Interdisciplinary Perspectives on Innovation, Anaheim CA: 5 -9 August.
  • Panelist: Business Policy and Strategy workshop on “Mergers & Acquisitions: Research, Practice & Teaching” at Academy of Management Meeting, Anaheim CA: 5 -9 August.
  • Discussant: Entrepreneurship session at Academy of Management Meeting entitled Entrepreneurship Literature Review 1, Anaheim CA: 5-9 August 2016.
  • Book chapter published: Bauer, F., Schriber, S., King, DR., Uzelac, B. 2016 Entrepreneurial integration skills: Knowing what you acquire to integrate it. In Mergers and Acquisitions, Entrepreneurship and Innovation. Weber, Y., and Tarba, S. (eds). Emerald: Bingley, UK, pp. 1-30.

News Coverage

Aug. 25: Diana Sloan, Director of Graduate Marketing and Alumni Relations, was interviewed by the ISU Daily as a finalist for a new position on campus (project director of Hispanic/Latino affairs): http://www.iowastatedaily.com/news/article_e83099be-6a41-11e6-b6f1-b3f17ee18bff.html

Supply Chain

Inmyung Choi, Ph.D., candidate of information systems:

  • presented a paper co-authored with Joey F. George and titled, “Mixed findings on IT capability and firm performance and their implications,” at 22nd Americas Conference on Information Systems (AMCIS).
  • participated in the doctoral consortium of Academy of Management OCIS division, supported by National Science Foundation.
  • presented a paper co-authored with Daniel Lee and titled, “The role of IT in competitive dynamics: Applying awareness-motivation-capability framework,” at 76th annual meeting of the Academy of Management (AoM).

Miguel Velasco-Lopez, Lecturer of Information Systems, present a paper titled “The Role of Moral Recognition for the Unauthorized Consumption of Digital Goods,” at the 2016 Society for Business Ethics this August, in Anaheim, CA. The paper was also written with Shawn Curley, Zachary Sheffler (both at University of Minnesota), and Shariffah Zamoon (Kuwait University).

Haozhe Chen, Ph.D., Associate Professor of Supply Chain Management:

  • was invited to deliver a webinar titled “Understanding Supply Chain Management and Its Current Trends and Issues” to Monsanto U.S. Soybean Manufacturing Q&C Managers in August, 2016.
  • was invited to serve on the Selection Committee of Council of Supply Chain Management Professionals’ (CSCMP) 2016 Bernard J. La Londe Best Paper Award, which recognizes the most valuable paper published in the Journal of Business Logistics. 

David Cantor, Ph.D., Walker Professorship in Logistics and Associate Professor of Supply Chain Management:

  • was appointed as an Associate Editor of Transportation Research Part E
  • was appointed as the incoming Professional Development Workshop (PDW) Chair for the OM division of the 2017 Academy of Management annual meeting.

Undergraduate Department

Course Registration Reminders:

Prerequisites for fall College of Business courses have been monitored over the past few weeks. Students who are in violation of a prereq have been notified by email and notified again in the second week if they have not yet taken appropriate action. Please remind students to take prompt action if they’ve been notified by their advisor or John Wageman. Instructors receive a list of students who remain in violation the second week of classes, and we ask that you follow-up with these students about their missing prereq if/when they attend your class(es). Students who refuse to drop the course will receive an “F” for a grade. If a student believes the information is inaccurate, they must see John Wageman in 1200 Gerdin.

At the end of the fifth day/first week, online class registration closed and students will not be added to business courses or allowed to change sections without an extenuating circumstance – students must see John. Please do not discuss available seats with students as this makes enforcement issues more difficult.

August orientation programs last week served 42 new domestic students and 63 new international students. Our “preparing to enter F16” orientation programs from April-August have served 957 new incoming students (transfer, international, and freshmen)!

Welcome to Anne Bonanno, new graduate assistant in our office. She fills the position left open in January 2016 by Sabrina Shields-Cook, who took a full time advising position in the College of Engineering. Anne is a spring 2014 graduate of the University of Minnesota-Twin Cities, where she majored in Psychology with a minor in Family Social Science. She went on to AmeriCorps for two years, where she worked in the Chicago and Omaha areas with College Possible, an organization that helps low-income students get to and graduate from college. She is now a full-time student in the student affairs master’s program in the School of Ed and serves as an advisor in our office. She joined us on August 8, and is learning the ropes quickly. Welcome Anne!

Farewell to Lee Van Brocklin, who retires on September 2, after 21 years at ISU (11 in the COB). He is looking forward to fishing with his grandkids and enjoying a flexible schedule. He requested no event be held, but we are sincerely thankful for all he has contributed to our office and the college and in his work with our students, faculty, and staff. Best wishes in your retirement, Lee!

As first introduced in August, Taylor Shire has joined us as Recruiter/International Programs Coordinator – taking over that inaugural role from Sarah Adams. (Sarah will transition to Undergraduate Recruitment Coordinator for the college and lead youth programming and overall recruitment efforts.) Taylor is a two-time graduate of Iowa State University, with BS degrees in Animal Ecology and Biology (and a minor in Anthropology), along with an MA in Biological Anthropology. She also has an MS in Animals and Public Policy from Tufts University Cummings School of Veterinary Medicine. She served as an undergraduate peer mentor and studied abroad in China and South Korea. Welcome Taylor!

BIG thank you to all faculty who assisted with prospective student visits and EIS programs while we were assisting new students at our summer and fall orientation programs. Also, many thanks to those faculty who presented to the students and families at Summer Orientation programs. We truly appreciate your help in recruiting and welcoming our incoming students – we couldn’t make this happen without your help, and we are very grateful (as are those students and their families)!

Tara Fisher volunteered at the Iowa State University booth during the Iowa State Fair helping to apply her fair share of the 30,000 temporary Cyclone tattoos given out. This year’s exhibit theme was “Your Beautiful Adventure.”

Sarah Adams and Taylor Shire led a College of Business “make your own business card” activity in the 4-H Building during the Iowa State Fair on August 11.

Tara Fisher assisted the Greek Affairs Office with ISU Panhellenic Primary Recruitment Preference Night on Wednesday, August 17, helping 744 students enter their final sorority preferences. 717 women were offered bids of
membership during Bid Day 2016 that following morning on Central Campus.

Melody Schobert, Tara Fisher and members of Business Council represented the College of Business at the Center of Ex-CYtement kickoff to Destination Iowa State on August 18. 5519 new students participated in Destination Iowa State events before classes began.