Business@FHU
An e-newsletter of the School of Business
 at Freed-Hardeman University

Fall 2004                                                                                                                            Volume 2, Number 1

 

In This Issue

·    Senior Retreat 2004

·    Logistics Management

·    English Ethics

·    St. Jude Marathon

·    MIS Position Open

 

Mission Statement
The mission of the School of Business is to glorify God by providing a student-centered education that prepares graduates for service to Christ as business professionals.


FHU Faculty Listing
Rickey A. Brooks, D.A.
Richard T. Brown, Ph.D., PCM
James Q. Edmonds, J.D.
C. Ray Eldridge, D.B.A., CQM
Lee E. Hibbett, M.B.A. , PCM
Vicki M. Johnson, Ed.D., CPS
Judy M. McKenzie, M.S., CPA
Kenneth O. Moran, M.B.A.
Michael H. Oliver, D.B.A., CPA
James G. Shelton, Ph.D., CPA
Keith W. Smith, Ph.D., CPA
Dwayne H. Wilson, Ph.D.


Congratulations!
Kristie McClary Dempsey has achieved the certification of Certified Financial Planner and has been promoted to Financial Planner at Hutchinson/Ifrah Financial Services in Texarkana, Texas.

Susan Smith, an internal auditor with HCA in Nashville, recently passed the Certified Public Accountant Examination.

John Kachelman recently passed the Bar Examination and is working for the District Attorney in Montgomery, Alabama.

Blythe Martin, a senior marketing major, began an internship with The Jackson Chamber of Commerce in Jackson, Tennessee.  She will help maintain the web site, contribute to the monthly newsletter and provide assistance with various Chamber events.

Matt Wilkinson and Andrew Williams were recent recipients of scholarships provided by the Tennessee Society of Certified Public Accountants.

Alpha Chi – Fall 2004 Inductees

Amy Bawcum – Public Acc.
Terra Burress – Mkt.
Candace Cook – Mgt.
Amanda Creason – Public Acc.
Chris Remias – Mgt.
Kathleen Richard – Mgt.
Amy Smith – Finance
Andrew Williams – Public Acc.

Note This
According to a recent article in the Jackson Sun, the salaries for business majors increased by 6.2 percent in 2004.  In addition, the National Association of Colleges and Employers expects employers to hire 13.1 percent more graduates in 2004-05 than they did a year ago.


Contact Us
158 East Main Street
Henderson, TN 38340
731-989-6091
jedmonds@fhu.edu

Visit Us on the Web
 



From the Dean

 As we near the end of another semester and another year, we are thankful that God continues to bless Freed-Hardeman University, and the School of Business, in numerous ways. We also look forward to the opportunities a new semester and a new year will provide. In his best selling book, Good to Great, Jim Collins notes that, “Good is the enemy of great. And that is one of the key reasons why we have so little that becomes great.” The School of Business has much for which to be proud. We have made, and continue to make, significant improvements in our school. Collins also points out that, “Good to great comes about by a cumulative process.  .  .” One of our goals for the new year is to continue building a very good school into a truly great school.

 

In Good to Great, Collins quotes Mr. Wayne Sanders of Kimberly-Clark, who explains his company’s success by stating, “We’re just never satisfied. We can be delighted, but never satisfied.” This statement appropriately describes the attitude of those of us in the School of Business. We are delighted by many things, but not satisfied.

 

We continue to be delighted with the new Brown-Kopel Business Center. But we understand that we must continually strive to utilize the resources we now have to improve both our academic programs and our service to the business community. We cannot be satisfied.

 

We are delighted with our current faculty. Our faculty members possess excellent academic credentials. They are active professionally and are engaging in scholarly activities. They are preparing students for lives of service as Christian business professionals. But, we cannot be satisfied.

 

We are delighted to have many excellent students and to witness their spiritual and academic growth. Our various competitive business teams continue to garner national recognition. Students continue to perform well in internship opportunities. But, we cannot be satisfied.

 

We are delighted with the success our graduates are having in their careers. We are proud to hear of graduates earning professional certifications, receiving promotions and other recognitions, and making important contributions in their communities. But, we cannot be satisfied.

 

We are delighted by all of these things and many more. But, we realize that we cannot be satisfied. We are committed to strive for continuous improvement in all that we undertake. We continue to solicit your comments, advice, and feedback. Your continued support is vital to our future success. Please keep us in your prayers. Visit when you can.

 

Jim Edmonds

Dean, FHU School of Business

F. LaGard Smith a Hit at Senior Retreat

The 2004 Senior Retreat was held on Friday, October 15, at Mid-South Youth Camp. Approximately 65 seniors showed up for a day of reflection, fellowship, and games. F. LaGard Smith, from Nashville, Tennessee, was this year's featured speaker. Smith has authored over twenty books such as Who Is My Brother?, The Cultural Church, Radical Restoration, and Afterlife. He is also the compiler of the popular Narrated Bible which has sold over one million copies.

Smith spoke to the seniors about making sure they integrated their faith with all aspects of their lives and not falling into the trap of separating and compartmentalizing their faith from their careers.  He drew interesting parallels between the way computers work and how humans operate to make his points.  

Part of the time was used for less serious matters. Ashley Middleton won the $50 prize by besting Jason Craft in a version of television's Match Game. Lisa James, Rick Brooks, Vicki Johnson, LaGard Smith, Kyle Huser, and Keith Smith served as the "celebrity" panel.

The $100 grand prize in the horseshoe tournament went to Ben Youree who defeated Caleb Danley in the finals. Four $25 gift certificates to Outback went to Jason Craft, Chris Remias, Chris Dean, and Walt Epperson for winning the scavenger hunt.

Based on student comments, it was a very successful day.  This year marked the second time the School of Business hosted the Senior Retreat in what is planned to become an annual event. The purpose of the event is for faculty and students of the School of Business to get off campus and take some time to discuss spiritual priorities. The intent is to bring in thought-provoking speakers each year who will challenge students to maintain a spiritual perspective and Christian worldview throughout their careers.

Logistics Management a Rapidly Developing Field

The supply chain management challenge is large. How can management students be nurtured to take on such a challenge? The School of Business has taken a multi-pronged approach of embedding within the Logistics Management course a thorough supply chain management simulation, combined with on-going coaching from Dr Ray Eldridge, and a site visit to Kirkland’s National Distribution Center. 

 

The simulation, LINKS is a sophisticated, state-of-the-art, team-based, competitive supply chain management simulation.  LINKS encompasses all major supply chain elements: suppliers, manufacturers, distributors, retailers, and end-users. The students are responsible for managing:

·         product development

·         procurement (purchasing/sourcing)

·         manufacturing

·         distribution and warehousing

·         transportation

·         customer service

Student firms are also responsible for high-level generate demand decisions, information technology, and research studies.  Traditional financial statements, operating reports, and optional research studies provide an information-rich environment.

The student firms manufacture and distribute a high-tech electronics product purchased by individual consumers for home use or by businesses for office and manufacturing uses. Distribution centers in each market region inventory products, fill orders from the retail and direct channels, stock inventories of sub-assembly components for replacement parts for within-warranty failures, and provide customer service via regional service centers. 

 

Working with their teammates, the students are in direct competition with other firms in their LINKS industry. Students learn best by doing, and "doing" involves taking responsibility for one’s actions, receiving feedback, and having an opportunity to improve through time. The seven week simulation supports learning in a non-threatening but competitive environment of the kind that real managers face every day.

 

In addition, the role of distribution centers was brought to life as Robert Hyde, Director of Distribution/Warehousing, Kirkland’s, Inc. provided a site visit and overview of Kirkland’s new 771,000-square-foot distribution center in Jackson, Tennessee. The center supports approximately 300 Kirkland’s stores in 37 states.

 

Logistics and its cousin Supply Chain Management may perhaps be the last frontier for companies to significantly increase shareholder and customer value. Your School of Business is actively keeping pace with the ever increasing complexities of business.

Taking Business Ethics to England

Dr. Jim Shelton is planning to offer the course, Business Ethics, in England during late May and early June.  The course is required of all upper-division business majors at Freed-Hardeman.  This will be the first time the course has been offered overseas.  About two-thirds of the time will be spent in the Oxford area with the remainder of the time in London.

 

In several ways, the subject is a good fit for an offering in England.  Dr. Shelton uses the writings of C. S. Lewis as a “jumping off point” for a discussion of ethics.  Lewis, a professor of English literature at Oxford and Cambridge, became one of the most influential theological thinkers of the 20th century with his writing.  His ideas on “the law of right and wrong” are a great introduction to a discussion of why ethics matter and most students in the class have not been exposed to his writings prior to the class.  In addition, companies in the UK are more focused on social and corporate responsibility in that their annual reporting requires more information on the subject compared to their American counterparts.

 

Vodafone's World Headquarters, NewburyTentative plans are to fly to London and travel to Oxford.  While based in Oxford, the class will see C. S. Lewis’ home, The Kilns, and Magdalen College, where Lewis taught in Oxford.  Also, tours have been confirmed for Jaguar Motors at Castle Bromwich, near Birmingham, and Vodafone in Newbury.  Of course Jaguar is famous for producing one of the world’s greatest performance cars.  Vodafone is one of the world’s largest telecommunications company.  Students will have a chance to tour the facilities as well as have discussions with corporate executives about ethical and social responsibility issues.  In addition, a tour of British Sky Broadcasting is planned for the London segment.  BSkyB is the largest supplier of digital television service in the UK and also a leading producer of sports, entertainment, and news programming, including Sky News, a 24-hour news network and a sister network to America’s Fox News Channel.  The company has a ten-studio campus in Isleworth, West London.

 

It is hoped that this course can be offered on a yearly basis providing FHU business students with valuable exposure to international business.

 

 

FHU Faculty and Students Run for Kids
On December 4, a group of FHU students and faculty, including Dr. Rich Brown, will run in the Memphis Marathon and Half-Marathon for St Jude Children’s Research Hospital.  These runners are known as St. Jude Heroes and they hope together to raise $25,000 to help the people at St. Jude.

 

St. Jude Children’s Research Hospital is internationally recognized for its pioneering work in finding cures and saving children with cancer and other catastrophic diseases.  No family ever pays for treatments not covered by insurance, and families without insurance are never asked to pay.  You can get more information about the life saving work at St. Jude by calling 1-800-822-6344 or visiting www.stjude.org.

 

Dr. Brown says he was first touched by St. Jude when he sat with a young mother and her sick child on a flight from Orlando to Memphis.  “I was coming home from a meeting and they were going to St. Jude in search of a cure.  Their eyes showed a mix of fear, fatigue, worry, and hope, with hope the most important.” 

 

If you are interested in sponsoring a runner from FHU by making a donation to St. Jude Children’s Research Hospital you can do so online by visiting the following link:

 

http://www.stjudeheroes.org/site/TR?pg=team&fr_id=1023&team_id=1120&JServSessionIdr009=4211vfwkk1.app5a

 

You can also send a check made out to St. Jude Children’s Research Hospital to Dr. Rich Brown in the FHU School of Business.  Does you employer match donations?  If so, please give them a chance to help also.

 

Other runners from FHU include these students and faculty members:  Alicia Wallace, Amy Farmer, Christy Chupp, Jenny Harris, Leslie Tiensvold, Rose Boyd, Rose Wallen, Erin Nickelson, Dr. John Sweeney, and Dr. Tom Hughes.

Faculty Opening

The Freed-Hardeman University School of Business invites applications for a tenure-track position in Management Information Systems (rank open) beginning in Fall 2005.  Applicants with the doctorate and relevant teaching and business experience are preferred. Applicants with the master’s degree and significant relevant work experience will be considered. The successful candidate will be an active member of the Church of Christ.

 

The School of Business at FHU has approximately 250 students in its undergraduate programs and is accredited by ACBSP. The Brown-Kopel Business Center opened in Fall 2003. The normal teaching load is 24 hours per academic year. Almost all business faculty members are terminally qualified. A collegial academic environment is enjoyed by those in the School of Business.

 

Submit a letter of application and a comprehensive resume to Dr. Jim Edmonds, Dean of the School of Business, Freed-Hardeman University, Henderson, TN 38340, or jedmonds@fhu.edu.

 

A Thousand Words

Students relaxing during a break at the Senior Retreat

 

Faculty chat with LaGard Smith

 

Jim Edmonds, Rich Brown, Ray Eldridge, and Mike Oliver traveled to  Phoenix to the national meeting of the Association of Collegiate Business Schools and Programs where Freed-Hardeman’s School of Business received reaffirmation of its ACBSP accreditation.

 

 

 

The School of Business at Freed-Hardeman University

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