School of Management Newsletter


November 2016


Scaling the Summit

SummitJames J. Barry and Samantha Leenas, seniors and vice presidents of Marist Chapter 380 of Beta Gamma Sigma, attended the honor society’s 2016 Global Leadership Summit, held on Nov. 3-6 in Dallas, Texas. We asked them to report back on their experiences.

Editor: What is the purpose of the summit?

Barry: To gather a group of BGS members from around the world and develop their leadership skills so that they can one day reshape the business environment. Emphasis is placed on ethical leadership, networking, and social entrepreneurship. The summit also aims to create connections between students and firms looking to recruit new talent.

Leenas: The GLS team brought in top global business experts from firms like GEICO, GE, KPMG, and Eileen Fisher to provide insight on the state of the business world and how to succeed in it. This year's summit theme was "reshaping business," and the speakers emphasized how our generation has the potential to shape the future of business through ethical leadership.

Editor: What activities did you take part in? Which did you enjoy the most?

Leenas: There were two activities that really stood out to me. The first was an interactive lecture from corporate recruiter and HR professional Darren Nelson, who went over interview tips and advice on how to leverage LinkedIn to connect and interact with corporate recruiters. The second event was the case competition. My team had five hours to create a solution to a human resources issue. Solving a problem with students from all over the world gave me a new perspective on business and working in groups. This was a great end to the summit!

Barry: I attended a panel discussion of people involved in social enterprises, which are for-profit companies that have a positive social impact. The panel went over how a business can make money while still improving the world. Hearing all of their stories, both successes and challenges, was truly inspiring. I also attended an interview of Dmitri Stockton, senior vice president and special advisor to the chairman at GE Company. He discussed overcoming adversities, balancing work and home life, and leading with values and ethics.

Editor: Do you think the summit will help you when it comes time to launch your career?

Barry: I will be joining Citibank as a commercial banking analyst after graduating. I may be faced with some ethical dilemmas in my new job, but I am confident that the ethical leadership sessions I attended at the summit have prepared me for them. Similarly, I learned to identify my strengths as a leader, which will help me further improve them and have a more successful career.

Leenas: I am currently in the job search process, so speaking with and learning from recruiters and professionals was definitely beneficial. We completed a Strengths Launcher module; I found that my personal strengths are "Learner" and "Maximizer." The speakers taught me how to further develop these strengths. I also learned more about how important ethical leadership is to the future of business. I will carry this knowledge with me as I begin my career.

Faculty Focus

Prof. Tia Sherèe Gaynor's book, “Teaching The Wire,” was published by MacFarland in September. The book discusses how this Peabody-awarding winning TV series can be used in college classrooms to explore issues surrounding leadership, sexuality, class, gender and race. 

On Nov. 2, the College Social and Faculty Presentation Series offered a session with SoM Prof. Vernon Murray entitled “Computing a Global Human Trafficking Misery Index.” The index would be used to measure human trafficking-related suffering worldwide. The event was organized by the college’s Center for Teaching Excellence.

RothbergProf. Helen Rothberg was the program chair for the 13th International Conference on Intellectual Capital, Knowledge Management & Organisational Learning, held at Ithaca College on Oct. 14-15. Participants from 24 countries attended the conference, which included presentations by SoM Prof. Ken Sloane (“Valuing a Firm’s Human Resources in Organizational Interactions”) and Prof. Pamela Harper (“An Exploration of Corporate Philanthropy Methods and Insurance-Like Protection”). 

Prof. Rothberg also hosted a panel discussion in her Global Business and Society Class. Panelists included (via Skype) Stacey Young, the senior learning advisor for USAID, a government agency that works to end global poverty; and Vikki Sylvester, Elizabeth Woolfe, and Brooke Sadowsky, all of whom work locally for nonprofit organizations or in the public sector. The four women discussed their work and offered advice for soon-to-be graduates.

IN THE PHOTO (from left): Brooke Sadowsky, Vikki Sylvester, Elizabeth Woolfe, and Prof. Helen Rothberg. Pictured on the screen: Stacey Young

Career Corner

This monthly feature spotlights a handful of the companies that participated in this year’s New York City Career Trek, and identifies some of the alumni and friends of the college who hosted the event at their place of business.

Goldman Sachs

Founded in 1869, this multinational finance company engages in global investment banking, investment management, securities, and other financial services, primarily with institutional clients. The firm provides asset management, mergers and acquisitions advice, prime brokerage, and underwriting services and is a primary dealer in the U.S. Treasury security market. Host: Brian Luciani ’15, an analyst at the firm.

A group of SoM graduates employed by Goldman Sachs is assembling a comprehensive directory of all Marist alumni who are currently working at the company.  

Bloomberg L.P.

Founded by former New York City Mayor Michael Bloomberg in 1981, this privately held financial software, data, and media company provides financial software tools, data services, and news to financial companies and organizations through the Bloomberg Terminal. The company also includes a wire service, a global television network, digital Web sites, a radio station, newsletters, three magazines, and a multiplatform political news property. Host: Madeline Kachou ’15, an Equity Derivatives and Financial Products Equity Advanced Specialist at the company.

BATS Global Markets

Founded in 2005 and based in Kansas, this global stock exchange operator has additional offices in London, New York, Chicago and Singapore. Bats began operating a licensed U.S. stock exchange in 2008, the same year in which its pan-European stock market opened. In the U.S. the firm currently operates four stock exchanges — BZX Exchange, BYX Exchange, EDGA Exchange, and EDGX Exchange — and two U.S. equity options exchanges. On any given day, the Bats Global Markets enterprise is the largest U.S. equities market operator. Host: Bryan Christian ’97, a senior vice president and the head of U.S. sales.

For information on student internship opportunities at any of these firms, contact Internship Director Kenneth Coletti at Ken.Coletti@marist.edu.

Financial fixation

Beta Alpha Psi members Nicole Bateman ’17, Patrick Quinn ’19 and Sydney Williams ’19 attended the organization’s 2016 annual meeting in Baltimore on Aug. 4-6. The three-day get-together of the honor organization for financial information students and professionals offers workshop sessions in a variety of subject areas — from chapter best practices to explorations of careers in finance, information systems, and accounting — as well as presentations by keynote speakers.

Beta Alpha PsiAccompanied by Faculty Co-advisor J. Donald Warren, Jr., the student trio heard motivational speaker Walter Bond — the first walk-on starter for the NBA’s Dallas Mavericks — discuss the importance of staying focused on career goals. The keynote address by KPMG Managing Director John Howell, a passenger on the US Airways flight known as the “Miracle on the Hudson,” offered attendees a unique perspective on what should be important in life.

 

The students also participated in the KPMG-sponsored “Day of Literacy,” during which they visited a local elementary school, taught a class in basic geography, and presented each student with a book to take home.

IN THE PHOTO (from left): Beta Alpha Psi President-elect Sandra Richtermeyer, Ph.D., Dean, Manning School of Business, University of Massachusetts-Lowell, SoM students Patrick Quinn, Nicole Bateman, and Sydney Williams

Alumni Profile: Jimmy Board  ’04

BoardA native of Houston, Texas, Jimmy Board moved to Shrewsbury, Massachusetts during his junior year of high school — and was promptly recruited to play baseball for the Red Foxes; he was captain of the team during his senior year.  He earned a bachelor’s degree in business administration, with an emphasis on finance and marketing, in 2004. Today he is back in Houston, where he is a managing director of JLL (formerly Jones Lang LaSalle), a Fortune 500 global full service commercial real estate firm.

Board and his wife Joanna are the parents of six-year-old twin sons, Parks and Brooks, and three-year-old Gwyneth. During his off-hours, “fishing and hunting with my boys, and playing golf are the three things that keep me busy,” Board says, “outside of my kids’ sports.”

Q: Would you summarize your career so far?

A: When I graduated from Marist, I took a job with Accenture in Charlotte, North Carolina, where I worked for two years. A family friend in Houston mentioned that real estate might be a career path I’d be interested in. I knew I wanted to get back to Houston at some point, so I told him I would take him up on his offer. I ended up getting a job with CBRE Melody, which was the capital markets arm of CB Richard Ellis. I came in as an analyst and worked my way up to vice president. In 2010, a team of us left CBRE to start what we call the real estate investment team for JLL. We have grown that business from four to 130 producers in the last six years. We focus on local, regional, and national business, and raising debt and equity for commercial real estate assets.

Q: What was it that attracted you to the financial side of business?

A: I think I always wanted to be involved with finance. I come from a very business-oriented family, and math was always a strong subject for me. The business that I’m in is all about people skills, but the background is the numbers — that’s the focus of what we do.

Q: What part of your job is the most rewarding?

A:  One of the most rewarding things is being a significant part of growing the platform of a Fortune 500 company. And I enjoy being a mentor to our younger guys. I’m the youngest partner in our group. Being able to come in at a young age, and grow the business, and be a mentor to younger guys and help them grow into their own careers — all of those things are very rewarding.

Q: The Houston Business Journal recently named you one of its “40 Under 40.” Why do you think you were chosen?

A: The “40 Under 40” is based on success in your day–to-day career, but it also involves giving back to your community. I had a sister who passed away from cystic fibrosis, and I’m on the board of directors of the Texas Gulf Coast Chapter of the Cystic Fibrosis Foundation. I do a ton of work for them as well as other major charity groups in the Houston community.

Q: Do you think it’s important for business people to become involved in community service?

A: I think that it is one of the most important things you can do, especially for successful people. It’s not just about being a role model for younger people, but leading by example, being selfless and giving back to as many organizations — if not monetarily, through your actions — as you can. JLL is very proactive in this area.

Q: While at Marist, was there anything you learned that is especially helpful to you now?

A: There were two things. From an educational perspective, Dr. Rothberg’s Strategic Management class prepared me for the real world. Understanding current events and how they affect markets, learning how to work as a team and coming up with a strategy — and little things, like reading the Wall Street Journal’s daily summary of what’s going on in the world. I still do that every day.

The other piece is from the athletic perspective: time management skills, dedication to a team, all those nuances that the typical college student doesn’t necessarily learn — there is no free time when you’re a college athlete. Those two things combined played well into my success.

Getting to Know… Dr. Detelin Elenkov

ElenkovA newcomer to the SoM faculty, Dr. Detelin Elenkov — a visiting professor of international business — arrived on campus in August. A native of Bulgaria, Elenkov first studied computer science at Sofia University after graduating at the top of his class at the highly selective National High School of Mathematics and Natural Sciences and being admitted without taking the entrance exam, a circumstance which is “a great honor” in the country where he was born. In the late 1970s, he became “fascinated with economics, and the way computer models can be applied to resolve economic issues”; he subsequently enrolled in the University of National and World Economy, also in Bulgaria, where he completed his bachelor’s degree in international economics.

While completing his degree, Elenkov was recruited to work for Honeywell in the company’s first joint venture behind the Iron Curtain. He started in the position of assistant country manager, and within just two years he was named country manager; Elenkov was promoted again to the firm’s office in Switzerland, where he worked as regional manager for several years. “I was very ambitious,” he says. “I wanted to work in Honeywell’s corporate headquarters in the U.S. But I had to overcome the ‘liability of foreignness.’  In the 1980s, it was very rare to have a foreigner work in the headquarters of a multinational company.”

Elenkov says he was “totally unprepared” for what would come next. A chance meeting with the late Lester Thurow, former dean of MIT’s Sloan School of Management, resulted in Elenkov enrolling in this prestigious business school’s doctoral program. He completed his doctorate in just four years. Along the way, Elenkov became fascinated with academic life, “to have the ability to choose your own line of research and to be your own boss.”

After a two-year stint with Honeywell, he began his teaching career at Adelphi. Positions at the New York Institute of Technology, the University of Tennessee, and Angelo State University in Texas would follow. A prolific researcher, in 1995 he was the first person to publish an article on Russian multinational companies. Subsequently, he was recognized numerous times for his research, and in 2008 he was named a Senior Fulbright Fellow. His works have been cited more than 2,500 times.

Elenkov looks forward to bringing his wide-ranging experience to his new position. “There is an opportunity to develop thriving international business programs here at Marist College,” he says. “In order to be successful in the international marketplace, you need to be aware of technological and organizational innovations. If we are complacent, we will be left behind the curve.”

 

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