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NEWS BRIEFS, September 27, 2004

Snead Family Foundation Pledges $1 Million to VCU School of Business

Thomas and Vickie Snead, 1976 graduates of the Virginia Commonwealth University School of Business, have announced a $1 million pledge from the Snead Family Foundation to support the $30 million VCU School of Business private fund-raising campaign.

A major goal of the campaign is to construct a new School of Business building that is part of the planned Monroe Park Campus Addition, to be located east of Belvidere Street in Richmond. The campus addition also will house the expansion of the School of Engineering.

"The Sneads’ million-dollar pledge is a big step toward fulfilling our vision to be nationally recognized as the leading technologically focused business school in the Commonwealth," said Dr. Michael Sesnowitz, dean of the Business School. "This state-of-the-art facility will create a greater sense of community among students, faculty, alumni and business leaders.”

 

Tom and Vickie Snead, VCU '76
Tom and Vickie Snead, VCU '76.
Photo courtesy of VCU Advancement

Tom Snead is President of Anthem Blue Cross & Blue Shield - Southeast Region. He recently was appointed to VCU’s Board of Visitors and serves on the Business School’s campaign executive leadership team. His wife, Vickie Snead, is a former vice president of Merchandise Planning and Stock Control of Miller & Rhoads Department store. She is a member of VCU’s Alumni Board, the VCU Massey Cancer Center Advisory Board and the Board of Directors of the Science Museum of Virginia.

"The VCU School of Business opened a new world to me," said Snead. "Throughout my career, the education and skills acquired at VCU have never failed me in meeting the toughest of business challenges. This is why I feel so strongly in supporting my alma mater, an institution that has served me so well in life."

"As proud VCU alumni, we are happy to give back to the institution that has given us so much opportunity," said Vickie Snead. "Tom and I consider this a wise investment in the future of VCU and its students."

The School of Business campaign is part of the overall $330.5 million Campaign for VCU launched last April – the most ambitious and extensive capital campaign in the university’s history. Thomas and Vickie Snead also are co-chairs of the campaign for the Monroe Park Campus.

"VCU's new School of Business will prepare students for successful careers and lifelong learning by providing management education firmly grounded in technology, interdisciplinary teamwork and global perspectives," said VCU President Eugene P. Trani, Ph.D. “This exciting initiative will provide our business community with well-trained and motivated engineers and business executives who have great technical skills and can work in diverse environments. Everyone at the University is so grateful to Tom and Vickie for their great generosity and leadership. They are wonderful examples of our successful and appreciative alumni.”

For more information on The Campaign for VCU, visit http://www.vcu.edu/campaign.

 

NEW WEEKLY BUSINESS COLUMN FEATURES “LESSONS LEARNED” FROM “THE APPRENTICE”
NBC's "The Apprentice” is giving School of Business marketing professor Dr. David J. Urban the opportunity to branch out into cyberspace with a weekly dot com series called "Lessons Learned" that is being carried by Richmond.com. (To view the column click on http://www.richmond.com/business/output.cfm?ID=3265109&vertical=business)

The series is a "business postmortem" and is to appear each Friday following "The Apprentice." It focuses on Donald Trump's business manners, management style, decision making abilities and people skills. Dr. Urban began following the show last season and periodically made media comments including two appearances on NBC12 and an interview with Douglas Durban, the Richmond Times Dispatch's television critic. After a few more interviews, Dr. Urban came up with the idea to analyze and compare "the Donald's" decisions with real life situations and probabilities.

"Lessons Learned" is another of Dr. Urban's innovative ways to teach. Since his arrival at VCU in 1989, he has taught at both the graduate and undergraduate levels in virtually every educational format, and received eight national teaching awards for his quest to help busy students learn course material more conveniently and efficiently.

“The Apprentice” format holds strong appeal to teachers. Dr. Michael Pitts, Professor of Management, also is using the TV show in his undergraduate Statistics Management class. Teams of four will follow the show, critique the performance of the two teams on the show, and then prepare a four-page paper expressing their own ideas as to how to handle the tasks that were assigned.

VCU considers partnering with EGYPTIAN UNIVERSITY to offer EMB program in Egypt

The VCU School of Business, and Helwan University (HU), Cairo, Egypt, are considering jointly offering an Executive MBA program in Cairo. At the conclusion of a joint conference held in Cairo in July, VCU's Dr. Van Wood (Professor of International Marketing and Philip Morris Endowed Chair in International Business) who is heading up the project, reported the university's efforts "have made significant progress” in reaching tentative agreements on logistical needs, budget, marketing plans, and general nature and content of the courses and teaching methods. A decision on offering the program will not be made until next year and the program would not begin before 2006.

Dr. David Upton, Chair of the Finance, Insurance, and Real Estate department, and Dr. Peter Aiken, Assistant Professor of Information Systems also joined in the conference. The primary objective was to officially recognize and start the VCU and Helwan University partnership project. Its scope is to explore the development of an executive master of business administration (EMBA) program that would be offered jointly by both academic institutions.

A second objective was to meet with stakeholders who would both participate and benefit from the collaboration. This included representatives from General Motors, Vodafone Egypt, American Chamber of Commerce, MobiNil, Oratech, and Raya Integration.

DR. WILLIAMS HONORED FOR RESEARCH METHODS
Dr. Larry J. Williams, University Professor of Management and Research Professor of Psychology, received special recognition at the recent meeting of the Academy of Management that was held in New Orleans. He received a plaque for outstanding service to the Research Methods Division of the Academy for founding and editing the journal Organizational Research Methods. This journal has been recently ranked as one of the top ten journals in the areas of organizational behavior and human resources management, and it is sponsored by the Research Methods Division, one of the largest divisions of the 15,000 member Academy.

Dr. Williams founded the journal with Sage Publications in 1996 and has served as its editor for the first seven volumes. He will be stepping down as editor in January 2005. He also serves as director of the Center for the Advancement of Research Methods and Analysis (CARMA) at VCU and was recently elected as a member of the Society of Organizational Behavior, a group of prominent organizational behavior scholars from throughout the United States and abroad.


NEW FACULTY APPOINTMENTS. Four new faculty appointments have been announced. They are:

Jose' H. Dula'Jose' H. Dula', Ph.D., associate professor of Operations Management, who has joined the Management Department. His areas of teaching and research include optimization, quantitative methods in OM and MS including networks, inventory control, scheduling, modeling and probability and statistics including stochastic processes. He has taught at Southern Methodist University and the University of Mississippi, and was a visiting principal researcher, Computing Research Group with the U.S. Census Bureau, Statistical Research Division for the year ending 2003. His research has been published in Journal of the Operational Research Society, Journal on Computing and Journal of Productivity Analysis. He earned dual Bachelor of Science degrees in Applied Mathematics and Industrial and Operations Engineering from The University of Michigan, M.S. from Stanford University and Ph.D. in Industrial and Operations Engineering from The University of Michigan.

 

Myung S. ParkMyung S. Park, Ph.D. joins the Department of Accounting as an assistant professor. He also is a member of the editorial board of Journal of Accounting and Finance. His areas of teaching and research include financial accounting, managerial accounting and accounting information systems (AIS), with heavy concentration on empirical research in financial accounting, managerial accounting and AIS. Dr. Park received a Bachelor of Arts degree from Sungkyunkwan University, Seoul, Korea, an M.B.A. from Korea University, Seoul, and a second MBA from Syracuse University and a Ph.D. from Purdue University. His latest research endeavor on "Pricing of Seasoned Equity Offers and Earnings Management" is forthcoming in 2004 in Journal of Financial and Quantitative Analysis.

 

Laura RazzoliniLaura Razzolini, Ph.D. joins the Economics Department as an associate professor. She also is managing editor of the Southern Economic Journal; specializes in public economics, and her research focuses on the effects of cost allocations on the provision of shared goods. She frequently conducts economic experiments in a laboratory setting to test the predictions of models of behavior. She previously taught at the University of Mississippi and was program director for National Science Foundation's Economics program until August 2003. She currently is working on projects that examine how different contribution mechanisms affect the amount raised in charity auctions and lotteries, and how different pricing mechanisms affect the congestion on a computer network. Her research has been published in Experimental Economics, Journal of Economic Theory and Public Choice. Dr. Razzolini earned a Laurea (Baccalaureate) from University of Florence, Italy; a research doctorate from University of Bologna, Italy; an M.A. and Ph.D. in Economics from Southern Methodist University.

 

Brent C. SmithBrent C. Smith, Ph.D. assistant professor, Real Estate and Urban Development, will be teaching and continuing his research exploring the impact of macroeconomic factors on real property investment, and real estate market modeling while contributing to the research demands of the Virginia Real Estate Center, housed at VCU. Articles produced from Dr. Smith’s previous research activity have been published in the journal Real Estate Economics, the Journal of Real Estate Finance and Economics, the Journal of Real Estate Research, and Urban Affairs Review, and the International Journal of Property Tax Assessment and Administration. Dr. Smith previously taught at Western Michigan University and Indiana University. He earned a Bachelor of Arts in Economics from Indiana University, an M.B.A. from University of Notre Dame and Ph.D. from Indiana University.

 

UPCOMING EVENTS

October 5 - REAL ESTATE TRENDS CONFERENCE
Continental Breakfast, Registration and Networking begins at 7:30 a.m. for an hour. From 8:30 to 12:30 p.m. will be a powerful program on local and national trends. Keynote Speaker is Susan Hudson-Wilson, Founder and CEO of Property & Portfolio Research, Inc., Boston. For further information call (804) 828-1721 or visit http://www.realestate.vcu.edu

October 18 – TECH TUESDAYS
7:30 – 9:00 a.m. at the VCU School of Business, Snead Hall, School of Business
301 W. Main Street, Room 1101. This new program offered by the Information Systems Department is free and open to the public. Participants can address their “burning technology questions” to the experts and can discuss how technology can affect their businesses. Topics may include emerging technologies, security, project management, CRM and social responsibility.  Tech Tuesdays will be continued on each third Tuesday of the month. For information contact Maureen Carley, ISRI Associate Director at 828-7074 or mecarley@vcu.edu.

 

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    Last Updated: 4/6/08
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