Real Life. Real Business.
Nov. 7, 2008
Dear Alumni and Friends,
In my last two letters, I described the CBA's unique approach to
education - Real Life, Real Business - and what it means to our
students.
Students experience real business throughout their years at
Butler - from the Freshman Business Experience and Real Business
Experience, which require students to write two business plans and
potentially run a business (all before the junior year), to two
required, for-credit internships, working with an
Executive-in-Residence as a career mentor for four years, and
in-class projects with "live" cases from local
companies.
MBA student experiences range from the kick-off Gateway Experience
consulting project in the first course through to the concluding
Capstone Experience, in which the entire semester-long course is
focused on solving key issues for a corporation with input and
feedback from the company's management. Real Life, Real Business
means that our students learn by doing, through connections with
the business community in a variety of mutually-beneficial
ways.
However, Real Life, Real Business also means that the College of
Business Administration is a resource for the business media and,
therefore, the business community at large.
The State of Our Business - Annual CEO Survey
The CBA recently partnered with Inside Indiana Business and Ice
Miller for our second annual CEO survey, "The State of Our Business
- A Perspective from Indiana Executives." In addition to providing
insight and understanding with respect to significant issues facing
CEOs, the state's role in attracting and retaining business, and
specific state initiatives, the survey also addressed several
specific themes, including human resource and diversity issues,
education and technology. Bob Mackoy, Professor of Marketing,
conducted the research along with adjunct faculty member Tish
Lashua. The CBA received significant media coverage for its
participation in the survey. Furthermore, over 500 businesspeople,
combined, attended the VIP launch reception at the Skyline Club or
saw the CEO panel discussion at the Downtown Westin. Of course,
thousands more saw similar discussions on TV on Inside Indiana
Business with Gerry Dick. A full summary of the survey results can
be found at here.
CBA in the News
You may have noticed that your 401k is smaller - yep, mine too.
With 24/7 news coverage, how could you not have noticed? And if you
now check the Dow Futures to see which way the market might be
headed, you're definitely suffering from financial crisis news
overload.
However, while flipping channels, listening to drive-time radio,
or reading print or Internet news reports, you may have recognized
some familiar faces and voices. That's because the CBA's faculty
and staff have been in high demand as local and national reporters
look to trusted sources to explain what's going on in the markets
and the business world. Steve Dolvin,
Assistant Professor of Finance, has been interviewed frequently by
local TV and radio stations, as well as by Newsday and the
Pittsburgh Post-Gazette. Bill Rieber,
Professor of Economics, has appeared on local TV news over 15 times
in the last few months, and has also been interviewed by WIBC and
the IBJ. I was interviewed on Comcast Newsmakers last week
about the local impact of the economic situation and by Channel 6,
WRTV, about General Motors' cash shortage. Other CBA experts in the
news include Jim McKneight, Bela
Florenthal, Dick McGowan, Dan
McQuiston, Peter Grossman and
Bill O'Donnell. Likewise, Chris
Stump, Project Manager for the Butler Business
Accelerator, was interviewed by Gerry Dick on Inside Indiana
Business on Oct. 31 and discussed how businesses should work
with their banks during the current market situation. Keep up
with all of the CBA media appearances by visiting our CBA in the
News.
The CBA has long been a resource for the business community and
we are now becoming recognized as a resource for the local media,
due to our faculty expertise.
Get Involved with Real Life, Real Business
As you can see, the CBA provides an unparalleled educational
experience for our students. We are also a resource for businesses
and the media. To make this work, we need the involvement of local
companies and dedicated alumni. If you would like to get involved
in Real Life, Real Business, please email me directly. Please
send me your ideas on how we can further our involvement in the
business community and how we can partner with you or your company.
I'd be happy to send you a brochure that lists 20 ways your
business or organization can partner with the College
of Business.
Chuck Williams, Dean
College of Business