School of Business Administration

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1 School of Business Administration 2011 Fall Newsletter Meet Our New Faculty Members This Fall we will have the pleasure of welcoming new talent to the School of Business. Nine new faculty hires are joining our team. Brian Bolton Finance Brian has 10 years of teaching experience after receiving his MBA from the University of Texas and a Ph.D. from the University of Colorado. His teaching focuses on business valuation and financial analysis. He looks forward to teaching valuation because textbooks teach finance and valuation as if it s a process that can be standardized. In practice, it is nothing of the sort. Every situation is different and must be customized. I look forward to helping my students understand that valuation is as much an art as it is a science. His primary area of research is in understanding the U.S. corporate governance structures at large. He looks forward to living in a vibrant city and hopes that his work is able to have an impact outside of academia and the classroom. Lauren Skinner-Beitelspacher Marketing Lauren received her Ph.D. from the University of Alabama and has five years of experience teaching courses such as Principles of Marketing and a Business-to-Business class related to the sporting goods industry. Her research focuses on supply chain management from the retailer s perspective. She won the Stanley Hollander Award for Best Retailing Paper at the Academy of Marketing Science and is co-author of the top retailing textbook. She chose PSU because of the focus on sustainability and the collegiality of faculty. She looks forward to getting to know the students, working with great colleagues, and enjoying the activities and culture of Portland. Julia Freybote Real Estate Originally from Germany, Julia lived in Belgium, Greece, and South Africa before entering her doctoral program at Georgia State University. Her research focuses on the capital structure of real estate investment trusts and behavioral real estate topics. Julia was attracted to PSU by the Center for Real Estate s unique cooperation between academia and industry and the strong emphasis of PSU on community involvement. She also heard that Portland is an amazing city! She looks forward to helping implement the new Masters of Real Estate Development program, preparing students for a career in the real estate industry, and enjoying the cool (compared to Georgia) weather and culinary flavors of Portland. Theodore Khoury Management, Strategy Theodore received his Ph.D. from the University of Texas at Dallas and joins us from Oregon State University where he was an Assistant Professor of Management. He will be part of the management strategy team that will be teaching the new undergraduate capstone strategy course. His research explores how various elements like international treaties, legal reforms, political hazards and property rights issues constrain or enable the strategies of entrepreneurial actors. He chose PSU because of its national and international recognition and looks forward to contributing to its future growth. He s excited about the SBA s student diversity, research opportunities with colleagues, and being near a vibrant music and visual arts scene. What s Inside >>> CONTINUED ON PAGE 5 ADDRESSING HUNGER WITH AN URBAN GROCERY MARKET ON WHEELS BUSINESS SCHOOL BESTOWS SECOND ANNUAL DISTINGUISHED ALUMNI AWARDS ALUMNI ENTREPRENEUR SNAPSHOT: GLOBESHERPA

2 FALL 2011 Letter from the Dean The adage that any organization is no better than the quality of its people is clear on the following pages. I don t believe that the SBA has ever had the opportunity to hire nine new tenure stream faculty in one year, which is just about 25% of the entire faculty. Building on the reputation of the faculty and programs in the SBA, PSU, and Portland, we were able to hire a highly talented group of new faculty who came from excellent schools, and will play a significant role in producing top quality research and instruction. You will read on these pages about students and graduates who have achieved extraordinary results. High quality faculty are mandatory for delivering excellent education, but high quality students also increase the value of the experience for others. Our students continue to amaze us with their intelligence, perspective, and drive. Finally, financial support from alumni and community leaders enables the SBA to attract and reward faculty, provide scholarships for students, and eventually provide our people with a new building that will better facilitate learning and community engagement. Sam Wheeler never took classes at PSU, but recognized the importance of the SBA and PSU to the region, and was one of our most generous supporters. More than anything, he was one sweet man and many of us in Portland will miss him dearly. We are no better than our people. Sincerely, Scott Dawson Dean and Vergil Miller Professor 2 What s happening at the School of Business UPS CEO and Portland State Alumnus Scott Davis 74 speaks at the First Annual Business Lunch This past spring we had the honor of having Scott Davis return to Portland to deliver the PSU 2011 Commencement Address and speak at our First Annual Business Leaders Lunch at the Multnomah Athletic Club. The luncheon was presented by the Accounting Program and Advisory Board and had more than 325 members of the Portland business community in attendance. During the lunch, Davis answered questions from the audience on global expansion and trade agreements as well as shared his thoughts on how Oregon would play a role in the development of UPS and overall increased trade. We are looking forward to continuing this community event in the years to come. From the Middle East to Nicaragua the SBA Expands Global Learning Last year, the SBA expanded its study abroad opportunities to include the Middle East, India and Nicaragua. The Middle East trip connects students with the vast network of alumni to discuss finance and sustainability. Whereas, social enterprise is the most important aspect of the India course and is run in partnership with Virtue Ventures. The programs are rigorous with a full-term s course load packed into a two week period. Often days start early with lecture and end late with tours, practical experience or meeting alumni. The Nicaragua trip focuses on Micro-enterprises and Micro-renewable energies. Students travel to remote parts of Nicaragua to assist in helping micro enterprises. A former student who went on both the India and Middle East trip says the study abroad trips were the best part about my time at PSU. Being able to take what you re learning in the classroom and directly apply it during an afternoon session in a village or reading a case about a Middle East company and then drinking tea with the CEO of that same company is amazing. Although the trips were vastly different, they both provided me with unique experiences and connections that I will take with me into my new career. Undergraduate Students Receive Scholarship At a recent Portland Business Alliance board meeting, three out of the five recipients of the Alliance Chairman s Scholarship were introduced to the board by PSU President, Wim Wiewel. The Chairman s Scholarship, awarded to PSU business school students, was created in honor of past Alliance board chair, Charles Wilhoite. Among his many ambitious goals during his term, Wilhoite spearheaded the movement to provide support for students in business-related fields and help groom the next generation of business leaders. The 2010 PSU Business School Alliance Scholarship Recipients are: Nathan Boone, Raymond Broughton, Olga Galkovskaya, Karla Henningsen and Holly Ann Huddleson (see page 3).

3 Five undergraduate students awarded Portland State Business Alliance Chairman s Scholarship Five undergraduate business students were awarded the Portland State Business Alliance Chairman s Scholarship at the annual Scholarship & Awards Night event this spring. The Scholarship was created in honor of past Portland Business Alliance (PBA) board chair, Charles Wilhoite. The scholarships are funded by personal contributions made by PBA board members, company donations from PBA board member companies, and $2,500 from the PBA. The PBA s plan is to renew this fund each year in order to sustain the Chairman s Scholarship Fund. The five students awarded were: Nathan Boone, Raymond Broughton, Olga Galkovskaya, Karla Henningsen and Holly Ann Huddleson. We sat down with Nathan, Raymond and Olga to learn a little more about each of them. What does the scholarship mean to you? Raymond: The scholarship has shown me that all the hard work I have put into school has really paid off. Olga: The scholarship means that I will be able to attend Portland State University without a huge financial burden. Nathan: This scholarship represents my work ethic towards my education and the obstacles I have defeated along the way. How is the scholarship helping your education? R: It s helping ease some of the financial burden that goes with attending school. This scholarship has also allowed me to attend the P.B.A. board meetings. I also had the chance to meet the President of P.S.U. and listen to Governor Kitzhaber speak. It was a great experience. O: It is helping my education because it will allow me to work less and invest more of my time and effort into school instead of trying to pay for school. N: It is helping my education because it motivates me to strive for higher levels of education and explore different opportunities within the University and community. What is your major and minor? R: Accounting; Business Administration O: Accounting; Undecided minor N: Accounting; Psychology Where do you currently work? R: I work as a server at Buffalo Wild Wings at Cascade Station. I have been working there since the beginning of July O: An optical clinic for the past three years. N: The City of Albany in the summer and a cashier at Safeway during the school year. Who would you like to thank? R: I would like to thank my wife for putting up with me. I would also like to thank everyone that helped me get this scholarship. It has been a great experience and I look forward to this year. O: The Portland Business Alliance. N: I would like to thank my brother and sister-in-law, Ryan and Kelsey Boone. 3 What s happening at the School of Business >>> CONTINUED FROM PAGE 2 Students Travel to Vietnam for MBA Capstone Project Colin Gallison, Eric Nelson, Michael Nguyen and Amelia Pape, all 2011 MBA graduates, traveled to Vietnam this Spring for their MBA capstone project. All four students were interested in doing a project around socially responsible and international business. Michael Nugyen, the main contact for the Vietnamese project, approached the Capstone Course advisors with a proposal to to aid in content creation for a corporate social responsibility conference to be held in Ho Chi Minh City, Vietnam, sponsored by the East Meets West Foundation. The group overcame the challenges of cross-continent communication and learned how to be flexible as they worked on their project from Portland for five months leading up to their trip. Once in Vietnam, they had to overcome the direct language and business culture barriers. Although the more unstructured format of the project led to challenges, Amelia said she came away with a strong understanding of the business and cultural landscape of Vietnam, and felt that [the team s] work will prove to be a great resource for the non-governmental organization. She also learned quite a bit about [herself] when [she] was taken out of [her] comfort zone and realized, after a few deep breaths, that [she] was capable of functioning comfortably in a foreign culture. Portland State Business Students Strive for Success The school year saw some great success from students. Taking second place in the OIKOS International Business Case Competition was a paper titled, Burgerville: Sustainability and Sourcing in a QSR Supply Chain, written by Darrell Brown, Phil Berko, Patrick Dedrick, Brie Hilliard and Joshua Pfleeger. Also succeeding in competition this year was Fork In The Road an urban grocery market on wheels, by winning the Best Written Business Plan and the Oregon Entrepreneurs Network Lightning Round at the national New Venture Championship for business schools (see page 4). Three students also made the final round in the Oregon Entrepreneur Network s Angel Investor Conference: Caroline Lewis (MBA 11) with a concept stage company, My City Designers, geared toward customizable fashion and Nat Parker (MIM 10) and Michael Gray (MIM 11) with a seed stage company, GlobeSherpa, focused on mobile ticketing systems (see page 7). Follow us on the web

4 Addressing Hunger with an Urban Grocery Market on Wheels FORK IN THE ROAD Amelia Pape, who graduated with her MBA this spring, discusses her innovative idea for addressing one of the nation s biggest problems: food deserts 4 What was your inspiration for Fork In The Road (FITR): The concept was born in a marketing class focused on creating disruptive innovations to solve specific market failures. The original team of four students developed the idea for Fork in the Road after learning about the pervasive problem of food deserts. We focused specifically on urban food deserts and designed the concept around that issue. I also have a personal passion for food and what it does for us beyond simple nourishment. Food can be so communicative and has the power to bring people together; it breaks down generational, cultural, language, and socioeconomic barriers and creates a sense of community. This is strongly intertwined into our mission at FITR. What problem are you solving? Over 23 million people in America live in food deserts where they don t have easy access to affordable, healthy food. Living in this environment results in dire health consequences like vastly higher instances of Type 2 diabetes, heart disease, obesity, and cancer among residents. Supermarkets have left innercity urban areas due to high operating costs and risks, thereby creating urban food deserts. FITR addresses this problem. What was it like to compete in the New Venture Championship business plan competition (NVC)? Preparing for the competition was incredibly intense, and at times, overwhelming. The competition itself, though, was invigorating and inspiring. Getting direct feedback from high profile investors, meeting business leaders, and interacting with brilliant, motivated students was a truly incomparable experience that I wouldn t trade for the world. Not to mention, the whole thing really kicked us into gear in terms of getting a solid business plan together and making this real. Who are some people that helped you along the way? This project would absolutely not be where it is today without Charla Mathwick, my main advisor and supporter. She has gone far out of her way to help us throughout the entire process, and I can t begin to express my gratitude. Additionally, my co-founder, Colin Gallison 11 has been (and continues to be) instrumental. Things really changed for the better when he came aboard. Scott Robinson, Drew Rees, and Eric Johnson have all also been key contributors. Beyond that, specific people from PSU and from the Portland community have taken time from their own lives to offer us guidance and support, which, again, has been an invaluable part of our progress. What made you decide that you were actually going to pursue the idea? Support from Charla Mathwick, as well as interest from industry partners, made me realize that this is not just an important idea, but something that could actually have some success as a business. The decision to pursue it after graduation was bolstered by the great team that came together, and the response we got from everyone after our success at the NVC. How did you develop your FITR team? The first person to show interest beyond simply working on this in a class was Colin, who was an integral part of the transformation from academic project to business plan. From there, we approached two other students with great backgrounds to round out the team: Scott Robinson and Drew Rees, for finance and operations expertise, respectively. What have been some lessons learned? What struck me from a student perspective is how important the financial model is to building a legitimate business plan. It was only after we did that, that we could see the business model come together. I ve also learned the value of a strong network. Our advisors, teammates, friends, and community have been so supportive of this project; I can honestly say without that, there were times when I may not have wanted to continue. What are your future plans for FITR? We have just added a new team member, Eric Johnson, a PSU MBA graduate, and are working with the Oregon Food Bank now to conduct some focus groups with customers in Portland s underserved neighborhoods. We ve been working hard all summer to gain the resources, financial backing, and alliances we need in order to launch in the next few months. Our long term goals are to expand to other urban food deserts across the West coast. The more successful we are as a business, the greater our social impact will be; this is the beauty of social enterprise and why we believe in the model so strongly. What do you need to succeed? We need a dedicated team that has the experience to run a business, but the passion to keep our mission at the forefront of all decision making. We need a receptive community willing to try something new. We need partners who support our mission willing to work with us on pricing, competition, and inventory. Oh, and we need a truck. We really need a truck. For more information on FITR visit their website at

5 Meet our new faculty members >>> CONTINUED FROM PAGE 1 Piman Limpaphayom Finance Piman joins us from Bangkok, Thailand and brings 19 years of teaching experience to the classroom. His teaching areas include investment analysis and portfolio management. His research focuses on issues such as the relation between qualities of corporate governance practices and firm value, the association between risk management and organizational structure, and bankruptcy re-structuring and firm valuation. He is excited to teach a class where students are actually making investment decisions to manage a sponsored fund, and looking forward to experiencing Portland s way of life, working on collaborative and interdisciplinary research projects with PSU colleagues, and inspiring students to be life-long learners. Lihong Qian Management, Strategy Originally from China, Lihong completed her Ph.D. from the University of Illinois at Urbana-Champaign. She will be one of the faculty members responsible for delivering the new undergraduate capstone strategy course. Her current research builds upon the organizational economics approach to strategy, with a focus on the intertemporal dimensions of various strategic issues. Lihong was attracted to PSU because of the collegiality among faculty members and Portland s reputation for environmental conscientiousness. She looks forward to her new role, noting that as researchers, professors are granted the freedom to think and create new knowledge, and as educators, professors can inspire students and fellow researchers by sharing and transferring knowledge. Lauren Simon Management, Organizational Behavior & Human Resource Management Lauren completed her Ph.D. from the University of Florida. She will be teaching the introductory HRM course required for all business students. Lauren has a variety of research interests including the identification of key factors for career success. She chose to join PSU because it has an innovative and inviting culture with a diverse student body. She was also impressed with the cutting edge research and passion of the faculty members. Lauren is eager to enjoy the outdoor activities, local restaurants and markets that Portland has to offer. There are two aspects of being a professor that Lauren believes are equally important: creating (through novel research) and spreading (through effective teaching and writing) knowledge that will benefit society. 5 Shung jae Shin Management, Organizational Behavior & Human Resource Management Shung jae was born in South Korea and received his Ph.D. in Management from Texas A&M University. Most recently, he was an Associate Professor at Washington State University and has accumulated 10 years of teaching experience covering a variety of courses such as HRM, leadership, and international management. His research focuses on the initial creativity stages of the innovation process at work, leadership and diversity, and the human side of mergers and acquisitions. He was interested in PSU because of the location, colleagues and research support. He looks forward to interacting with the students and supporting the community. Pete Tashman Management, Strategy Pete is joining us from the George Washington University School of Business where he received his Ph.D. He will be one of the faculty members responsible for delivering the new undergraduate capstone strategy course. His research is focused on understanding how socioeconomic and ecological pressures in firms business environments influence social and environmental performance. Most recently he has examined these linkages in the ski resort industry. His secondary research interest is exploring how firms profit from social innovation. He chose PSU because of great people, commitment to sustainability, the Portland community and proximity to the Cascade Range. He looks forward to working with students to develop their own strategic plan for success. Learn more about our faculty and research at

6 Alumni notes David Kriska MBA 04 is director of sales at EthicsPoint in Portland. Pathways diversity program expanded 6 6 Joe Payne MBA 08 is an engineering manager at Solar Nation in Portland. Troy Strass 05 is the human resources director at Pacific University in Forest Grove. Tara Bjorklund 07 is a financial analyst with Hanna Andersson in Portland. Michelle Gallardo 02 is a property and casualty account specialist at The Partners Group in Portland. Chad Rennaker 95 is the owner of PINTS Urban Taproom in Portland. Elizabeth Bivins-Smith MBA 10 is the scientific operations manager at the National Institutes of Health in Bethesda, MD. Bruce Veldhuisen MBA 94 is the founder and CEO of TEFL International in Oregon. Robin Tama MBA 08 is a sustainable business and innovation portfolio sr. manager at Nike in Beaverton. Alexis Young 11 is a state auditor for the Oregon Secretary of State Audits Division in Salem. SINCE 2006, THE PEPSI PATHWAYS PROGRAM, run by the Business School s Food Industry Leadership Center, has proven to be a successful diversity model. The financial commitment of Pepsi, Costco, Fred Meyer/Kroger and the Western Associations of Food Chains (WAFC) has graduated 37 students from diverse populations in the last four years; this represents an 85% increase from prior years. Due to the success of this program, Precision Castparts has committed $500,000 over the next three years to expand the program to other industries including financial services, manufacturing, technology and athletic footwear and apparel. UPS has also provided $100,000 for scholarships in support of Pathways program for supply and logistics management majors. The financial commitment of these companies will allow the Pathways program to expand to include a full-time diversity director, 10 additional student scholarships, course offerings on diversity and diversity leadership, as well as general program maintenance. The Pathways program strives to address the three main drivers of undergraduate student retention: identification with a community, financial capability and preparedness. Between 1960 and 2050 the proportion of Asian, Black and Hispanic Americans will grow from 15% to 52% of the total population. Business schools must take responsibility for producing graduates who are not only diverse themselves, but who also have the ability to lead in an increasingly diverse world. Additionally schools must simultaneously support the growth of diversity in local businesses. Without Pathways, I would not be here. Because of the opportunities Pathways has presented me, I have challenged myself in ways that I did not expect, said David Castro, SBA student and scholarship recipient. In my senior year graduating with a supply and logistics degree with a focus in the retail food industry, I am excited about the future! Currently I am on my 2nd round of interviews with Frito Lay a company I have wanted to work for since meeting the recruiter at the Pathways Diversity Career Fair during my junior year of College. (Update: David was recently hired in Operations Resource by Frito Lay.) Heather Abbott MBA 09 is a senior project coordinator with PECI in Portland. Sean Murray MBA 11 is the sustainable supply chain specialist at Fred Meyer Jewelers in Portland.

7 Alumni entrepreneur snapshot NAMES: DEGREE INFO: BUSINESS NAME: Nat Parker and Michael Gray MIM 10 and 11 GlobeSherpa A mobile-ticketing smartphone application for public transit users: globesherpa.com MASTERS OF INTERNATIONAL MAN- AGEMENT ALUMNI Nat Parker 10 and Michael Gray 11 recently started the company, GlobeSherpa ( The idea came to Nat during his service as a Peace Corps volunteer in Senegal, West Africa. The first iteration was for a travel guide on your phone that relied on user generated content. Every travel guide was always outdated and inaccurate in Senegal and I worked in ecotourism. When I got back to the States the iphone debuted, and it seemed like a great idea, said Parker, who wrote a marketing plan for GlobeSherpa while in his MIM program at PSU. I also met Michael Gray, my business partner and Chief Technology Officer, who read the plan, and asked if I was going to build the software. I told him I had no idea how to write software, but as it turns out he did. The idea has since evolved from a travel guide to providing mobile ticketing for transit users. For someone who rides the bus or lightrail, we solve the problem and inconvenience of broken ticket machines, waiting in line, having correct change, and not knowing which bus to ride, or when the next one will arrive, said Parker. For transit authorities, we provide a ticketing platform for their systems that is cheaper than old systems, provides realtime capabilities to change ticket prices and provide data on rider behavior. The two also made it to the final round of the Oregon Entrepreneur Network s Angel Investor Competition for seed stage companies. Competing in OEN was exciting, but at times frustrating, said Parker. We were lucky enough to win the Seed Oregon competition and got our spot at Angel Oregon. We then had to compete against companies that were already revenue positive, and had already raised significant startup capital. PSU was an important resource for the start-up company, especially the faculty, Tim Clark and Melissa Appleyard s entrepreneurship and innovation classes were excellent, said Parker. Cliff Allen, director of the MIM program, let GlobeSherpa be the focus of an exit project for our two classmates, Cory Klatik and Emir Smajlovic, which enabled us to set our sights on public sector mobile apps. We also took second place at PSU s Business Accelerator s Elevator Pitch competition and won $1,000 for our company. Parker credits his PSU experience for making GlobeSherpa possible. He also credits influential people outside of PSU including Doug Fieldhouse, CEO of Vesta Corporation who helped mentor the partners through their early ideas, and Jim Huston of Blueprint Ventures. When asked what are the toughest things about being an entrepreneur, Parker replied, Constantly digging deeper. Being an entrepreneur requires steadfast patience, a herculean work ethic, and the ability to withstand lots of disappointment. It also requires a certain dreamlike quality where the people who tell you that it s not going to work have to just fade away or disappear from your field of vision. Being an entrepreneur kills your weekends and can strain relationships. But it has all been worth it. And what about lessons learned along the way so far? When someone offers you money, take it, said Parker. It probably won t be there again if you say no. Entrepreneurship is a lot easier if you have some of your own money to fuel operations from the start. Get the right people around you and things will succeed. GlobeSherpa is working to develop its mobile app that lets transit riders pay for their ride from their smartphones, and hopes to debut its application in late IN MEMORANDUM Dr. Irene Place, professor emerita of business education, died December, 27, 2010 at Willamette View in Portland. She was 98. Dr. Place joined Portland State s business program in 1967, bringing three decades of university teaching and administrative experience. Throughout her career, she urged women students to prepare for careers at managerial rather than operational levels. Dr. Place wrote seven books that covered the fields of systems analysis, business teacher training, and office administration and management. Samuel C. Wheeler, the 2008 Simon Benson Award recipient and one of Oregon s great benefactors, passed away on May 23, 2011 at the age of 83. Samuel Wheeler was an integral part to the community as he served on numerous boards and gave generously to Portland State University. He is known and loved in community as an integral player in the forest products industry, a philanthropist, adventurer and dedicated family man.

8 FRIENDS OF THE SCHOOL OF BUSINESS ADMINISTRATION The SBA would like to thank all individuals and companies who support the school and its programs. The following generous sponsors made contributions between July 1, 2010 and June 30, COMPANIES $100,000 and more Avamere Health Services, LLC Precision Castparts Corporation The Standard United Parcel Service Foundation $25,000 to $49,999 Ames Family Foundation Moss Adams, LLP Wells Fargo $10,000 to $24,999 Hanna Andersson Corporation Howard S. Wright Constructors Inspirators, Inc. KPMG LLP Morgan Stanley Smith Barney, LLC Norris & Stevens, Inc. PCC Structurals, Inc. Polygon Northwest Portland Business Alliance Portland Metro Association of Building Owners & Managers Safeway, Inc. The Boeing Company US Bancorp/US Bank Western Association of Food Chains Wheeler Foundation $5,000 to $9,999 A-dec, Inc. Alaska Tanker Company, LLC Ashforth Pacific Ball Janik, LLP Burgerville Evergreen Community Development Foundation Fidelity National Financial Frito-Lay, Inc. Intel Corporation KPMG Foundation Kroger Lane Powell PC Leupold & Stevens Foundation NIKE, Inc. NW Natural Oregon Association of Realtors Oregon Transfer Company Pepsico, Inc. RMLS StanCorp Mortgage Investors, LLC The Counselors of Real Estate Foundation Turner Construction Company Western Family Foods, Inc. Weston Investment Company Xerox Corporation USA ZGF Architects, LLP $2,500 to $4,999 Aequitas Capital Management Allen Ray Sandstrom Fund AON Corporation Aon Foundation Ashforth Pacific Ater Wynne, LLP Bank of America Bill Naito Company Bimbo Bakeries, USA CenterCal Properties, LLC Century 3, Inc. City Center Parking Columbia Sportswear Company Commercial Real Estate Brokers of Metropolitan Portland Con-Way, Inc. Davis Wright Tremaine, LLP EnergyTrust of Oregon, Inc. ESCO Corporation Fidelity Charitable Gift Fund FMR LLC Geffen, Mesher & Company P.C. Grubb & Ellis Company Hoffman Corporation KeyBank Knowledge Universe Legacy Health Systems McEwen Gisvold, LLP Miller Nash, LLP Attorneys at Law NAIOP Oregon Chapter Pacific NW Sales and Marketing Group PacTrust Perkins & Company Perseverance, LLC ScanlanKemperBard Companies Schwabe Williamson & Wyatt, P. C. Skanska USA Building, Inc. Specht Development, Inc. Stoel Rives LLP Stoller Family Foundation Supervalu, Inc. Tax Executives Institute, Inc. The Ralph and Bunny Schlesinger Foundation The Stoller Group, Inc. Ticor Title Insurance Trammell Crow Services, Inc. Umpqua Bank Unico Properties, Inc. Vesta Corporation World Headquarters Walsh Construction Company West Coast Bancorp INDIVIDUALS $1,000,000 and more Fahad Al-Athel 75 Gerry 62 and Marilyn Cameron Robert and Sharon Miller $10,000 to $49,999 Mary Jo and John Ball Timothy and Mary Boyle Dough and Suchen Fieldhouse Philip and Penelope Knight Carolyn McKnight Ellen Nusblatt Gregory Specht $5,000 to $9,999 Gary and Susie Eichman Brian 79 and Rita Chin Henry Arthur 72 and Robin Miles John Runyan William 79 and Cathy Stoller Virginia Winings 79 $2,500 to $4,999 Judy Dauble Debora and Marshall 86 Erb Les 68 and Nancy Fahey Edward Grubb Lynn 88 and Harry Kingston Bruce 72 and Cheryl Korter Barbara and Thomas Miller Allen Sandstrom 64 Susan Schnitzer and Gregory Goodman Robert 70 and Darlene Stutte Stephen and Janet 88 Tolopka Richard and Sandra Visse $1,000 to $2,499 Ali Bin Al Ali Nancy Alston-Linne 93 and Ted Linne Barbara Basney 86 Tracy 82 and Doug Bean Jacqueline Bell 71 Charles 68 and Angie Botsford Barbara 00 and Tom Briody Darrell Brown and Deborah Janikowski 04 Gwen Burns Oleg Buzinover 08 Alan Cabelly and Jeanna Benevento Sue Cameron Chuck and Sue Carlbom Terry 62 and Elizabeth Clifford Anita Dawson Scott and Bridget Dawson Shelley 74 and Craig Dewey Donald 72 and Anna Dickinson Shirley 75 Dunn Robert Eder Jamison 04 and Ying Fenderson Edward 73 and Vilora George Robert Gleason Rebecca Hainline 88 William Hale and Judith Matthies William 05 and Allyson Harris Nancy Harvey 86 Richard 69 and Deborah Hawkins Michael Henningsen Gary Homsley Leon Jallo 65 Scott Johnson 83 Raymond and Marilyn Johnson Dennis Johnson Raedene Keeton 87 and William Kalm Joanne Knight Eva Kripalani 83 and Kenneth Warren Skip 72 and Susie Kriz

9 SBA NEWSLETTER Randal and Teri Lund Randolph and Janet Miller Russ and Jeanie Monahan Robert 63 and Jane Morrow Dale 94 and Ann Nelson Kippi Odermott Ronald 88 and Hilary Odermott John and Suzy Petersen Juanita 92 and Ronald Petersen William and Dawn Pfeiffer Richard Royse and Rocky Blumhagen Donald 73 and Marilyn Schmidt Richard Solomon and Alyce Flitcraft Judy 86 and Scott South Merri Souther Wyatt and William Wyatt David Soward 87 Linda 88 and Thomas Sullivan James 85 and June Sweeney Paul 82 and Margaret Waldram Jay Wilt 83 Annetta Young 82 We make every effort to ensure accuracy. If your name has been omitted, misspelled or incorrectly listed, please accept our apologies. Contact Chelsea King at or (503) to be properly recognized in the next issue. Faculty notes ACCOUNTING Kathy Rupley published a paper (with K. Johnstone and C. Li) titled Changes in Corporate Governance Associated with the Revelation of Internal Control Material Weaknesses and Their Subsequent Remediation in the Winter 2010 issue of Contemporary Accounting Research. Kristi Yuthas (with Marc Epstein) coauthored a paper titled Mission Impossible: Diffusion and drift in the microfinance industry which appeared in Sustainability Accounting, Management and Policy Journal. Jesse Dillard s article (coauthored with M.A. Reynolds) titled Black Swan and the Corn Maiden was published in the August 2010 issue of the Accounting Education journal. INFORMATION SYSTEMS Adjunct professor Craig Schiller, who teaches ISQA 428 Information Security Principles and Practices at SBA, was voted best presenter for both the IDC- Bucharest and IDC-Prague Security Roadshow conferences. The talk was titled Botnets and the Army of Darkness. Neil Ramiller and Erica Wagner joined the editorial board of Information & Organization. MANAGEMENT Melissa Appleyard coauthored an article (with J. Perr and P. Sullivan) titled Open for Business: Emerging Business Models in Open Source Software, which was published in Vol 52 No: 3-4 of the International Journal of Technology Management. Mellie Pullman (with Michael Gross from Colorado State University) had her paper titled Playing their roles: Experiential design concepts applied in complex services accepted for publication in Journal of Management Inquiry. Jeanne Enders coauthored an article (with DL Elliot, KS Kerry, EL Moe, CA Defrancesco, L Goldberg, DP Mackinnon, and KC Favorite) titled The IGNITE (investigation to guide new insight into translational effectiveness) trial: Protocol for a translational study of an evidenced-based wellness program in fire departments, which appeared in the October, 2010 issue of the Implementation Science. Melissa Appleyard coauthored an article (with J. Perr and P. Sullivan) titled Open for Business: Emerging Business Models in Open Source Software, which was published in Vol 52, No: 3-4 of the International Journal of Technology Management. Scott Marshall and Sully Taylor (with V. Vaiman, N. Napier, A. Haslberger, and T. Anderson) coauthored a paper titled The end of a period: Sustainability and the questioning attitude, which appeared in the September 2010 issue of the Academy of Management Learning & Education. 9 MARKETING Don Dickinson presented a paper titled Bringing Clarity and Direction to Advertising ROI at the annual meeting of the American Association of Advertising Agencies, which has committed to printing the full text of the paper in book form as part of its Thought Leadership Series for Senior Agency Management. FINANCE Dan Rogers was elected as President of Eastern Finance Association (EFA) for SUSTAINABILITY Mellie Pullman and Jesse Dillard s article titled Sustainability Practices in Food Supply Chains: How is Wine Different? appeared in the March 2010 issue of the Journal of Wine Research. AWARDS, GRANTS AND FELLOWSHIPS Janet Hamilton, Dave Garten, and Brian McCarthy were nominated by Oregon Executive MBA students for Best Teacher Awards. Sully Taylor and Bob Harmon have been awarded Cameron Research Fellowships. This honor was made possible through the generous support of Gerry and Marilyn Cameron and is designed to acknowledge two senior faculty members who have consistently demonstrated leadership in the SBA. Darrell Brown and Scott Marshall received an $87,000 EPA grant to partner with the City of Portland Bureau of Environmental Services and the Pollution Prevention Resource Center to provide assistance to small firms interested in implementing environmental initiatives as a part of their business processes.

10 Business school bestows second annual Distinguished Alumni Awards 10 THE SBA PRESENTED ITS SECOND ANNUAL DISTINGUISHED ALUMNI AWARDS at the graduate hooding ceremony in June. The recipients were Barbara J. Basney 86, Vice President Of Global Advertising for Xerox Corporation, and J. Greg Ness 87, President and Chief Executive Officer of StanCorp Financial Group, Inc. and Standard Insurance Company. Greg Ness was presented with the Distinguished Graduate Alumni Award, which recognizes a graduate-level business school alumnus or alumna who has demonstrated outstanding achievement in business success, as well as a strong commitment to the community through engagement and philanthropy. Not only is Greg the President and CEO of StanCorp and the Standard, he also serves on the board of directors of the Oregon Business Council and the Oregon Health & Science University foundation. He is the current chair of the Armory Theater Fund and serves on numerous community boards in the Portland area. Greg has been with Standard Insurance Company since 1979 and has held a succession of positions. He is a Phi Beta Kappa graduate of Washington State University and holds the Leadership Institute Fellow designation from the Life Insurance Marketing and Research Association. Receiving this award was totally unexpected and truly an honor. Being back on campus for the graduation ceremony and seeing the students in all of their regalia and feeling the energy and sense of possibility was fantastic. I know my time at PSU was well spent as I m sure this graduating class will recognize as well. The whole experience just reinforces for me how important the strong partnership is with PSU and The Standard. Barbara Basney received the Rising Star Graduate Alumni Award, which recognizes a graduate-level School of Business Administration alumnus or alumna for sustained distinguished contributions to his or her profession and a strong commitment to the community. This award is for alumni with fewer than 25 years of experience beyond receipt of their graduate degree. Barbara is currently responsible for Xerox brand and product advertising, including traditional television, print, radio and outdoor, as well as digital media. Her responsibilities include the formulation of advertising strategies, campaign development and implementation, media mix optimization and campaign results tracking in more than 35 countries. She joined Xerox in 2000 as a director of marketing communications for the Office Printing Division located in Portland. Prior to joining Xerox, she spent more than 15 years in marketing and advertising for both B-to-B and B-to-C Fortune 100 corporations including Rite-Aid, Tektronix and Convergys. Beyond her role at Xerox, Barbara is active in the Association of National Advertisers (ANA), a member of the National Advertising Review Board, and serves on the ANA Corporate Communications and Television Advertising committees, as well as being a member of the Advertising Women of New York. Barbara was delighted to share with the graduating Class of 2011 that getting [her] MBA from PSU ignited potential and provided vision that changed [her] life it was an experience [she] could not have replicated anywhere else. Barbara and Greg have both made tremendous contributions to their communities. The business school plans to recognize such outstanding alumni on an annual basis to acknowledge their achievements as well as promote exemplary alumni to current graduates and students. Barbara J. Basney Vice President, Global Advertising, Xerox Corporation MBA 86 J. Greg Ness President and Chief Executive Officer, StanCorp Financial Group, Inc. and Standard Insurance Company MBA 87

11 At A Glance: The Year in Pictures Portland Mayor Sam Adams (middle) speaks with UPS CEO and Portland State alumnus Scott Davis 74 (left) at the first annual Business Leaders Luncheon 11 A brainstorming session at the 2011 IdeaLab workshop held in August Three of the five Alliance Chairman s Scholarship recipients pose with PSU President Wim Wiewel (left) past board chair Charles Wilhoite (right). From left to right: Nathan Boone, Olga Galkovskaya, Raymond Broughton. SBA Faculty and students mingle with conference speakers at the 4th Annual International Conference on Business & Sustainability held last November Graduate alumni catching up at a Connect to Community networking event in Portland

12 Nonprofit Org. U.S. Postage PAID Portland, OR Permit No. 770 Post Office Box 751 Portland, Oregon Return Service Requested What s Inside ADDRESSING HUNGER WITH AN URBAN GROCERY MARKET ON WHEELS BUSINESS SCHOOL BESTOWS SECOND ANNUAL DISTINGUISHED ALUMNI AWARDS ALUMNI ENTREPRENEUR SNAPSHOT: GLOBESHERPA Follow us on the web School of Business Administration DEAN SCOTT DAWSON ASSOCIATE DEANS DARRELL BROWN, SCOTT MARSHALL EDITOR CHELSEA KING CONTRIBUTORS CAROLINE LEWIS, SKIPP THOMSEN DESIGNER SKIPP THOMSEN This newsletter is a publication of the School of Business Administration at Portland State University. The SBA strives to fulfill our mission of changing lives, building community, and serving the economic and social vitality of the region. We welcome your feedback and updates. Please contact us by at development@sba.pdx.edu or by phone at For more information on these and other events, visit Upcoming School of Business events: SEPTEMBER 28 OCTOBER 19 OCTOBER OCTOBER NOVEMBER 3-4 BUSINESS BRIEFING BREAKFAST SERIES Developing the Benson Blocks: The BOMA Real Estate Development Workshop SIMON BENSON AWARDS Portland State is pleased to honor the Melvin Mark & William Furman families at its twelfth annual Simon Benson Awards Dinner PSU WEEKEND Sara Gruen, author of Water for Elephants, will give the keynote address 2011 NET IMPACT CONFERENCE An event for students and professionals using their business skills to create social and environmental good 5TH ANNUAL INTERNATIONAL CONFERENCE ON BUSINESS & SUSTAINABILITY This year s theme is Authenticity. For more information or to register visit Portland State University is an equal opportunity/affirmative action institution. Printed on recycled paper.