It is with great excitement that I welcome you back to Cleveland State University for the beginning of the 2010-2011 academic year. I would like to draw your attention to some very important events that transpired this summer and remind you of some opportunities available to you in the coming year.
In August our Executive MBA program marked it 30th anniversary. Being one of the first Executive MBA programs in the state of Ohio, our Executive MBA program at Cleveland State University is a globally-focused 19-month program designed for busy professionals. This outstanding, affordable, weekend program focuses on leadership and team building through a contemporary curriculum, hands-on projects, and international travel. To date, the program has graduated approximately 567 students. The EMBA program features an international study tour which adds value to the program. You can read more about the EMBA class’ recent trip to the Netherlands in this issue of Dialogue.
Student Chapter of Net Impact
Study Abroad in Italy
On behalf of the entire faculty and staff of The Nance College of Business, I wish you a positive and productive academic year.
The Executive MBA (EMBA) program at Cleveland State University is a globally-focused 19-month program designed for busy professionals. Each EMBA program includes a trip overseas in order to enhance the educational experience that Cleveland State has to offer. The class of 2011 had the opportunity to visit Scandinavia (Finland, Sweden and Denmark) and meet with universities and companies.
John Hubbard, recently retired CEO of Bodycote plc (London Stock Exchange), the world's largest and most respected heat-treating, hot isostatic pressing, materials testing, and metallurgical coatings service company, is this month’s featured alumni. He graduated from Cleveland State University with a metallurgical engineering degree in 1970 and a MBA degree in 1973.
Hubbard came to Fenn College from a small town in southeast Ohio. While a student, he began a co-op program with Warner & Swasey, who at the time was the second largest global manufacturer of machine tools. He worked the night shift as a heat treater, and held various other positions until his graduation, when he was promoted to metallurgical engineer. He soon managed 6 factories throughout the United States.
While at CSU, Hubbard valued his “blue-collar education” and the “pragmatic and applicable” lessons he was learning from faculty members who had experience in their field of expertise. He had a particular appreciation for Dr. Andy Gross, his thesis advisor who helped him research and write a paper on the future of the machine tool industry. Hubbard’s findings pointed to the increased use of automation and computerization in the future. When he shared his findings with his employer, Warner & Swasey, they did not heed his predictions. Hubbard’s findings proved true in less than ten years. Warner & Swasey closed their doors soon after.
Hubbard left Warner & Swasey in 1973 and served as an adjunct faculty member at CSU for a year, teaching advanced statistics and business ethics. Also in 1973, he co-founded his first of three companies in Cleveland, which built custom furnace and control systems for the heat-treating and forging industry.
Hubbard sold his share of the company to his partner in 1976 and became the General Manager for Hinderliter Heat Treating in Oklahoma. In 1983 he became the President of Hinderliter where he grew operations from one factory with less than $1 million in sales to 7 facilities with over $22 million in sales. After gaining control of the company, Hubbard sold it to Bodycote in 1996, staying on as President of their North American thermal processing unit.
In 2002, Hubbard was named CEO of Bodycote and moved to England to run the company. At the time, Bodycote employed roughly 5,700 people and had turnover of just under $700 million. Hubbard grew Bodycote to over 11,000 employees and over $1 billion in turnover by his retirement in April 2009. His philosophy was simple: “grow and stretch the company to be bigger and better, while surrounding yourself with competent people.”
Hubbard still works as a resource for Bodycote as part of the succession plan he helped implement before retiring. A model leader, Hubbard is most proud of the opportunity and growth he was able to provide for his employees and the impact he was able to have on them and their families.
Hubbard is an avid motorcyclist and has run over 30 marathons. He and his wife Debi reside in Dallas, Texas and have one grown son.
The Nance College of Business is pleased to offer our students an exciting opportunity to study in Italy. This international trip will be held from January 7th – 17th, 2011 providing students the opportunity to learn Italian culture and business practices. In addition to visiting companies in many sectors of the Italian business community, our students are able to earn academic credit.
Application deadline is October 15th, 2010 for all students; undergraduate INB majors will receive priority admittance through September 15th.
For more information on the application process and guidelines, please click here
On Thursday, July 8, many persons gathered at the Port of Cleveland to celebrate the induction of nine new members into Cleveland State University’s Nance College of Business Hall of Fame. This group of distinguished alumni joined the first class, which was inducted last year and included 17 alumni and four faculty members. CSU President Ronald M. Berkman, College of Business Dean Robert Scherer, family, and friends were all present to witness the event.
Honorees received this special recognition based on their outstanding work and career success. Each member of the Class of 2010 has shown innovative leadership skills as well as a commitment to education.“We are here to honor some of the most successful and entrepreneurial alumni of the Nance College of Business,” said Dean Scherer. “We are proud of all of our business alumni and wish them many more successes. They are truly leaders in their fields and their communities.”
As the Nance College of Business continues to grow, so does our commitment to student success. One area of student support in which our college will be investing heavily this year is tutoring. For many years the Academic Support Center, which provides tutoring assistance in accounting, finance, information systems, and statistics, has been located in BU 426. In an effort to bring more visibility and accessibility to this great resource, we plan to move the tutoring center into the lounge located next to the Academic Advising Center (BU 219) during the early stages of the fall semester. In addition, we are pleased to announce that we will be adding a writing/business communications tutor to this talented staff. We look forward to enhancing your success with these exciting new developments.
On August 6th, 2010, Supply Chain Management program directors, faculty, and members of professional organizations came together for a one-day symposium hosted by the Department of Operations & Supply Chain Management (OSM).
The Institute for Operations Research and the Management Sciences (INFORMS) is an international society for practitioners in the fields of Operations Research and Management Science.
Students participating in the Multi-National E-Commerce Certificate Program successfully completed the program in July. The Nance College of Business in cooperation with our partner universities Berufsakademie, Heidenheim in Germany and Universidad de Concepcion in Chile, offers the certificate program to both undergraduate and graduate level students. Not only did the students earn the Global E-Commerce Certificate and earn credits towards their business degree, but they also enjoyed sightseeing tours to places such as Berlin and Munich.Courses Required
The certificate required completion of 4 business courses that count towards a Bachelor or Master of Business Administration degree. These courses include:
Students were also assigned to international project teams and completed a sponsored project. This project counted towards the Business Strategy class.Eligibility
Students must be in good academic standing with a minimum of a 2.0 grade point average for undergraduate students and a minimum of a 3.0 grade point average for graduate students. Undergraduates must have at least a Junior status and be eligible to take upper division business courses.
Two of Nance's Business students recently accomplished something few professionals with their level of experience have achieved, passing of the Level I Chartered Financial Analyst exam. The CFA designation is the highest level of certification possible for finance professionals. The exam itself is a difficult process and less than 40 percent of people who take it pass the first time. Nate Johnson (MBA) and Matthew Kukla (BBA-Finance) successfully completed the CFA Level I exam in June passing it the first time around. They are now qualified to proceed to the Level II exam. Kukla largely credits his success to the CFA Level I review course that CSU offers.
More often than not, the media depicts our high school students as being unprepared and lacking the necessary skills to excel at the college level. The Cleveland Scholarship Program, Youth Opportunities Unlimited (Y.O.U.) and the Nance College of Business set out to prove otherwise. These three organizations have collaborated to create a six week Pre-College Program with the philosophy “Prepare, Learn and Earn”. The Pre-College program was conceived by Robert Romero, Executive-in-Residence. Sarah Grossner, a graduate student at CSU who is completing her Master’s degree in Adult Learning and Development assumed the role of instructor for the 2010 program.Twenty students from the Cleveland City Schools were given an opportunity to explore the academic side of college life through classroom instruction. They also learned crucial elements that go into the process of searching for the right University and also for a job. The students engaged in two college courses: Introduction to University Life and Introduction to the World of Business. Credits will be transferable if the students enroll at CSU upon graduation from high school. At the conclusion of the program, the students displayed an increased level of readiness as well as increased self-esteem and maturity. Statistically, based on pre- and post-test scores, the students increased their scores by an average of 18%. There is no doubt that this program is having a great impact on those who participate.
This summer, the Nance College of Business was proud to collaborate with the Contractors Assistance Association, Construction Employers Association and Hard Hatted Women to offer the Construction Management Academy Program (CMAP) to ten students from the Cleveland Metropolitan School. The goal of this two month program was to develop and prepare the students for a business career in the construction industry, while encouraging them to consider studying business at Cleveland State University. If the students enroll at CSU, they will receive college credit for the class.
With the completion of the CMAP, the students have a better understanding of how business operates, specifically in the construction industry, and are better equipped topursue a career in that industry.
CMAP consisted of three parts:
This pre-college program was conceived by Robert Romero, Executive-in-Residence at Nance College, and Glen Shumate, Executive Director at Contractors Assistance Association. Jennifer Nezovich, a part-time instructor in CSU’s Academic Marketing department served as the classroom instructor for the World of Business course.
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