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University of North Carolina at Wilmington UNCW Cameron School ofBusiness m Fall tnotwin 2001 Newsletter Reportfrom Successful Dean Larry Clark Executive This is our first Cameron School of Lectures Business (CSB) newsletter since fall 2000. We are resuming the newsletter to stay in better Duringthepastacademicyear, the communication with you and plan to publish CSBfeaturedthreeoutstandingspeakers three ayear. We have many exciting things to share inthe continuingExecutiveLecture SGerraiehsa.mT,haeutfihrostrsopfenaukmeerrwoaussSbtoeodkmsan wOith yCoPu&Lsinpcreovoiudredla$st90n0ew,s0l0e0tteinr.funding toward the two new professorships and includingtherecenttop-sellingbook, You CanMakeItHappen: ANine-Step Mr. faculty developmentfund discussed on PlanforSuccess. Mr. Graham,whoisa speak..., O TphaegeC2SBofwitlhlisbneecwoslmeettaerc.o-tenant with the frequentgueston Oprahandother televisionshows, providedahighlyinspirationalspeechonhowstudents can DneepwarUtNmeCnWtTofecChonmopluotgeyrBuSiclideinncge in the takecontroloftheirlivesandcareergoals.JeffStocks, PresidentandCOO of scheduled to open by early 2005. ManpowerCompanies-Raleigh,wastheprimarysponsorforMr. Graham'sspeech O Thisfall, the CSB is launching both a new andreception. e-Commerce concentration (major) and a Thesecondspeaker, GeorgeTaylor,Jr., President/CEOofPerformanceGroup, Professional Development Certificate keptstudentstotallyengagedinhisspeechashetoldthefascinatingstoryofhis Course in e-Commerce. proprietarytradingfirmthatprimarilyfocuses onshort-termequitytrading("day O The CSB has implemented new admission trading") andhowPerformance Groupteammembersoftenmoveinandoutof standards that include a foreign language. positionsonpubliclytradedcompaniesinamatterofminutes. Mr.Taylor's O The CSBfaculty has developed newfaculty speechwasthecatalystintheCSBdecidingtoestablishaTradingRoominthe workload and grant policies with greater forthcomingTechnologyBuildingtohelp studentslearnmoreaboutsecurities performance expectations. andinternationalfinancialmarketsinvestmentstrategies. Itishopedthatthe O The CSB is moving closertothe launching TradingRoomwillfostertheestablishmentofaStudentInvestmentFundtohelp ofthe Trans-Atlantic Business School studentsinvestinandmanagerealendowmentfunds. However,theCSBwill Alliance (TABSA) with partnerschools in leavepotentiallyriskydaytradingto Mr.TaylorandhisPerformanceGroup France, Germany, Great Britain and Spain. associates. Bothfacultyandstudentswerealsogreatlyinterestedinlearning aboutthethreeBuschSeries/NASCARracecarssponsoredbyMr.Taylor'sfirm, We begin the 2001-02 academic yearwith TaylorMotorsports. the six excellent newfaculty members intro- ThethirdspeakerwasDorothyM. Horvath, ExecutiveVicePresidentand duced on page 3 in the newsletter. We are ChiefCreditPolicyOfficerofNationalCityBank,headquarteredinColumbus, competing for newfaculty in an increasingly Ohio. Ms. Horvathwasalso aninspirationalspeakerassheexplainedhowshe competitive academic marketplace because of helps overseesriskmanagementstrategiesforthebankinvolatileeconomic a combination of increasing enrollments of times. Ms. Horvathprovidedexamplesofthebank's challengeinfactoring students and retirements offaculty in schools appropriateriskversusthe desiretomeettheneedsandexpectationsofits of business. As a result, we must also work long-standingcorporatecustomers. Ms. Horvathspokeofopportunitiesfor more diligentlyto retain our existing faculty. strategicgrowthduringevendifficult, changingeconomictimes. Everyyear, and especiallythis year, faculty continuedonpage2 Our principal mission and vision is to prepare students to become business leaders in a changing world and to be nationally recognized for responsiveness to the needs of our students and the business community. Learn more about us by visiting our Web site, http://www.csb.uncwil.edu from Dean Larry Clark continuedfrompage 1 attraction and retention strategies require financial supportwell beyond thatavailableto us bythe UNCW's state budget. Forthis reason, the CP&L gift, primarily secured by Mr. Dan Cameron, was extremely important tofurther grow our school endowmentand supportfaculty. Likewise, the support of our Partners (a donor of$10,000 or more per year in support offaculty attraction/retention, student scholarships or programs) is of critical importance to us. Thisyear, we added two new Partners: aaiPharma (faculty) and Ms. Dolores Green (scholarship). Our 10 Partners are listed on page 4 in the newsletter. The CSB Executive Advisory Board, chaired by Bob Warwick, welcomed three new membersthis—year: Scott Custer, President of General Bank the banking subsidiary of Centura Bank, Baxter Stirling, City Executive and SeniorVice Presidentof BB&T/Southport, and Richard Morrison, formerCSB executive- GordonandPatMoran HurlbertandBettyandDan Cameronarepicturedjustafterthepresenta in-residence. Custerand Stirling succeed tion ofchecks totaling$900,000byGayle Van Velsor, CP&L Eastern Region Vice President, to Ron Matthews and Jerry Godwin, two long- ChancellorLeutze. standing, excellent members ofthe board. The board will be actively involved with us this year in planning forthe new UNCW CP&L Professorships Funded Technology Building and in implementation of TABSA, which will undoubtedly become our "crown jewel." In addition, we also enjoy CP&L provided funding this pastyearto establish the CP&L/BettyCameron Distinguished supportfrom the CSB Alumni Chapter, this Professorship of Entrepreneurship, the CP&L/Gordon C. Hurlbert Distinguished Professorship of yearchaired by Ms. AnneJohnson (succeeding Information Systemsand the Pat Moran Hurlbert Faculty Development Fund. The Cameron School of Ms. Donis l\loe); the MSAAdvisory Board, Business will be ableto conducta search forthetwo professorship holders upon receiptofstate chaired by Malcomb Coley; and UNCW's matching funds. Ten Cameronfaculty received facultydevelopmentgrantsto help launch the school's International Cabinet, chaired by Richard newe-Business concentration (major) and Executive Series in e-Business. Morrison. encourage you to read this newsletter I to meet our newestfacultyand administrative CEC Plans Exciting Fall Program leaders, to note the special accomplishments of ourfaculty and to learn the results of our participation in a business school bench- TheCoastalEntrepreneurial Council (CEC), basedattheCameronSchool, hasa marking study. We have even more stories full schedule forthe fall.Workis nowunderwayto develop anentrepreneur'sventurey to tell and will do so in the next issue of In fundingservicecalled CapeFearInvestorsNetwork.The InvestorsNetworkwillassist ForwardMotion. entrepreneurs seekingto develop newbusinessventuresinthe region throughaWeb- As I begin my second yearas dean, I basedlinkagewith potentialfundingsources.TheCECwillhave more information on wish to express my gratitudetothe CSB the InvestorsNetworklaterthisyear. faculty, administrativeteam and staffwho have The CEC continuesitspopular"FoundationsforSuccess" seriesfocusingonpro- so warmlywelcomed mywife Georgiaand me. gramsthatbenefitexistingbusinesses.The September 11 program,APreviewof Threefaculty members merit particularmen- SymmeTree, thehighlyacclaimedchange managementseminar,willberescheduledin tion: (1) Howard Rockness who was a won- January2002.The October9 program, "WliatYouHaveLearnedon theRoadto derful CSB dean and continuesto be an out- Success."features DavidSnyder, authorofHowtoMindReadYourCustomer, speaking standing classroom teacherand a great col- onbuildingyourcustomerserviceandmarketingplatformfromyourrelationships league; (2) Becky Porterfield who began as associate dean under Howard's administration withyourclientele.Theprogramstarts at6p.m. intheCameronSchoolofBusiness and continuesto be ourcatalystforthe devel- Auditorium. opment of new program ideas and the suc- The CEC mini-conferenceon November 13 features Cameron's own Dr. Howard cess of our MBA Practicum Program; and (3) Rockness on "UsingtheBalancedScorecardtoDriveYourBusiness."Breakoutsessions Norm Kaylor, the first CSB dean, who has wPirlolcfeoscsuessoann:d((13))CKuesytIonmdeicraRteorlsatUisonesdhiinpMMaynBaugseimneesnst.,Th(2e) pIrmporgorvaimnsgtaBrutssiantes5s:30 p.m. trietniuriendg.tToheenCdaomweraosnchAolluamrsnhiipC,haaptheigrhlisycon- in the Cameron SchoolofBusinessAuditorium. deserved tribute, in Norm's name. Theprograms are open to the entirebusinesscommunityforasmallfee.All To Norm and Jo, thanks and bestwishes. Cameronfacultyandgraduatestudents arewelcomeasguests oftheCEC; however, a You will always be welcome here. reservation is required.To reserve aplace atanyoftheprograms, contacttheCECby welcome yourcomments orquestions. I e-mail [email protected] orphone (910) 962-3901. You can reach me at [email protected] or 2 910/962-3501. New. Six Cameron Faculty Dr. RaquelAlexander Rob Konopaske AssistantProfessorof AssistantProfessorof Accounting Management Focus: Tax Accounting Focus: International Human Resource Management From: Doctoral Program Ph.D., University of From: Doctoral Program Texas atAustin Ph.D., University of Houston M.Tax, Arizona State University M.I.B., University of South Carolina B.S., University of Kansas B.A., Rutgers College Pam Evers Carlos Rodriguez AssistantProfessorof AssistantProfessorof BusinessLaw Management Focus: Focus: Competitive Strategy International/Environmental Law in Emerging Economies From: Stephen F. Austin University From: Doctoral Program Ph.D., Florida L.L.M., Northwestern School of Lewis & Clark Atlantic University College M.I.B., University of South Carolina J.D., Southern Methodist University B.A., Federal University M.B.A., Emory University of Rio de Janeiro B.S., Kansas State University Dr. Doug Kline JohnWhitehead AssociateProfessorof AssociateProfessorof InformationSystems Economics Focus: Object-Oriented Analysis Focus: Environmental and and Design Natural Resource Economics From: Sam Houston From: East Carolina University State University Ph.D., University of Kentucky Ph.D., KentState University M.A., University M.B.A., Kent State of Kentucky University B.A., Centre College B.S., Kent State University Student Advisory Council Kicks Off New Year Educational Excellence The Student Advisory Council represents ^ students' intereststo the Cameron School of "In" at Cameron Business administration and faculty. The council, Still consisting of all the presidents ofthe student organizations, provides a forum for student concerns and any new ideasthatthe student TheCameronSchoolofBusinessplaces ahighpremiumon educationalexcellence. body in business would like addressed. During Excellenceinteachingisreflectedintheschool'smissionstatementandisthenumber the 2000-01 academic year, the council: onepriorityofitsfaculty. Excellentteachingisdeterminedbothinand outsideofthe classroom. Itisreflectedthroughadvisingandcareerplanningandbyaccessto faculty provided valuable input on graduation, andthefocusonsupport (e.g., computers) to accomplishlearning. discussed student organization links to Eachyear, theschoolusesseveralsurveysto assessboththedeliveryandcontentof Cameron's Web page, itsclasses andfaculty. The EBIbenchmarkingsurvey (developedbyAACSB) is admin- requested that students have a "quiet" room isteredto allundergraduatestudentsintheirlastsemesterinCameron.Thisparticular forstudying, surveybenchmarks Cameronagainst 184AACSB participatingschoolsofbusiness assisted with orientation, nationally. helped develop and implementthefirst Inthesurvey, Cameronstudentsratedfacultyandinstruction, overallsatisfaction Student Recognition Day, and withundergraduateprogramsandtheamountandvalueofteamworkexceptionally began discussion on a student newsletter. high. Several areasofimprovementoverthelastfiveyearsindicatethe continuous he members ofthe StudentAdvisory Council effortsbyfacultyandstaffto improvethe qualityofeducationofCameronstudents. are listed below with theire-mail addresses. Duringthefive-yearperiodfromspring 1997tospring2001, theschoolimprovedinthe followingcategories. National Association of Business Economists Justin Treadway Category Percentof Improvement [email protected] FacultyAccess/Grades/StudentEfforts 12 Financial ManagementAssociation Christopher Potts StudentOrganizationsandExtracurricularActivities 11 [email protected] AdvisingandCourseAvailability 23 North Carolina World Trade Association - Seahawk Chapter FacilitiesandComputingResources 20 Beth Steelman AcademicQuality/Teamwork 16 [email protected] OverallSatisfactionwithProgram 34 Pi Sigma Epsilon Josh Towne Improvementin educational experiencebyfunctionalareaimproved substantially [email protected] overthesamefive-yearperiod. Managementwasup by31 percent, economicsby 19 percent, financeby24percent, accountingby22 percent, andinternationalbusiness Beta Alpha Psi andinformationsystemsby 17percentand 10percent, respectively. Ray Dennis Inthe areaoftechnology, bothaccess to computers andcomputertraining [email protected] improvedby 19 percentand21 percent, respectively.Accessto careerservicesand alumninetworkingforcultivatingfuture careerseachimprovedby20percentoverthe Society of Operations and Information five-yearperiod. Management Cameron's missionisto createleadersforachangingworld.Thesurveyshoweda Nikola Milivojevic 12 percentimprovementintheperceptionofCameronstudentsthattherewereoppor- [email protected] tunitiesintheschoolto assumeleadershipresponsibilities. Sixty-ninepercentof Cameronstudents ratedtheirschoolexperience asexceptionalto friends. Societyfor Human Resource Management Cameronisclearon—itsmissionandgoals, andCameron'sstudentsareclearonthe Danielle Knowles outcomeofthesegoals educational excellence. [email protected] Master of Science ofAccountancyAssociation Drodrntnncoiroc Drrnnrom ruyrdiii Jason Wilson [email protected] Partnersare individuals, organizations and Master of Business Administration companiesthatprovidefinancial support of Mark DaFonseca $10,000 or more each yeartothe Cameron » aaiPharma • RSM McGladrey [email protected] School of Business. Thesefunds are used ,» Dixon Odom • RBC Centura forthe school's scholarships, facultyattrac- Dr. Rebecca Porterfield, Associate Dean tion and retention, and programs. Two new •» Dolores Green • First Union [email protected] partners wereadded thisyear: aaiPharma A• Hughes Brothers • Deloitte & Touche and Dolores Green. Amber Wilcox, Student Services Center The school's current Partnersare: «i KPMG • Ernst & Young [email protected] 4 .... faculty LC ^ Harper Publishes New Book 1 ±\J Stephen Harper, professor of management, has published his latest book, The Forward-Focused Organization: Visionary Thinkingand Breakthrough Leadership to Create Your Company's Future. An Amazon.com book review BrookhillSteeplechase describes the book in the following manner: "Harper advocates 'ASAP management' over With the help offormer Dean Howard Rocknessand the implementing change incrementally and stresses Cameronfacultyand staff, theAlumni Chapterwasfounded duringthe school's 20thanniversaryyearon January30, 1999. the role of leadership at all levels ofthe organi- Anne Johnson, the current presidentofthe chapter, expects zation in 'creating' the future." Books from the "continued growth ofthe chapterwith more opportunitiesfor HarvardBusiness ReviewPaperbackSeriesand alumni andfriends undertheadvisementof Dean Larry Clark." TheFuture ofLeadership, by Warren Bennis (editor), are listed on the TheAlumni Chapterhas had a numberofachievements Amazon.com Web site as being books also shopped for by Steve's since itsformation in 1999. Ascholarship honoring Norman R. readers. Amazon.com also liststhree other books in stock written by Kaylorwas endowed and awarded in fall 2000. Thisyear's Steve Harper. Steve is presently working on a bookfor professionals recipient is Raymond Dennis. The chapter has held several who wantto start high-growth ventures. It will be completed in 2002. successful events, includingthe annual picnic, socialsatthe homecoming basketball games during halftime, and the co- Rosen to HeadAPICS sponsorship ofatentatthe Brookhill Steeplechase in Clayton, IMC. Over 100 alumni, faculty, staffand family members attended thethird On January 1, Drew Rosen, associate professor annual picnic on August2, 2001, at Hugh MacRae Park in Wilmington. of production/operations management, became Currently, the chapter is inthe planning phase ofthe Lifelong Learning president-elect ofthe APICS, The Educational Conference, intended to be an annual professional developmentsemi- Societyfor Resource Management. APICS has nar. Alumni participation atthese events, along with the dedication of nearly 70,000 individual and corporate members the board and staffto getthe chapterstarted, resulted inthe chapter in 20,000 companies worldwide. APICS is dedi- being awarded the UNCWAlumni Association's Soaring Chapterofthe cated to using education to improve the busi- YearAward in 2000. ness bottom line. This is an extremely impres- Upcoming chapterevents includethe half-time social scheduled for sive recognition, especiallyforafaculty member the homecoming basketball game in TraskColiseum on January 19, ata regional school of business. Drew's position allows him to travel to 2002, when the UNCWmenface offagainstJames Madison.The UNCW sites around the world to learn the latest business practicesfirsthand. In Alumni Association will recognizethe Cameron chapteratthe addition, Drew received the CSB Chancellor's Teaching Excellence Award February23, 2002, pre-game social preceding the UNCW men's forthe 2000-01 academic year. basketball game againstVirginiaCommonwealth University. Tofind out more aboutthe Cameron chapter, to learn aboutany Tammy Hunt Promoted upcoming alumni events, orto contactany ofthe chapterboard mem- bers, visitwww.uncwil.edu/alumni and choosethe Cameron School of to Professor BusinessAlumni Chapter underthe CHAPTERS section. Tammy Hunt has been promoted to professor of - CHAPTER OFFICERS * management. Tammy came to UNCW in 1990 from Baylor University. She has her Ph.D. in Anne Johnson President managementfrom Florida State University. This Donis Noe .... .Past President pastyear, she has been president ofthe JeffreyWhiting .Vice President Southern ManagementAssociation, the largest LarryWhite Treasurer . and most prestigious regional management VickieAlala . . Secretary association with over 900 members. Tammy has Alex Smith .Board member . . also been the project managerforthe CSB's involvementwith UNCW's PatriciaAselton .Board member upcoming regional accreditation visit by SACS. Todd Godin .Board member . Brad Bruestle . .Board member Wadman's Book Receives The newly elected chapterofficers would liketothank Donis Noe High Praise for herleadership and hard work in the Cameron Alumni Chapterover the pastfewyears. "The chapterwould like William Wadman, associate professorof eco- to develop more alumni participation and nomics, is receiving very strong reviews for his activities," Johnson says, "so I encourage recent book, Variable Qualityin Consumer all ofyou to become involved as itwill be a Theory: Towardsa DynamicMicroeconomic greatopportunityforyou to keep in touch Theoryofthe Consumer. Bill's book isthe cul- with the many relationships you developed mination of 10 years of effort and has been during youryearsat Cameron. Itwill also acknowledged by world-renown economists including Nobel lauraetes. be excitingto see all ofthe enhancements During the pastyear, he wasthe only American invited to a conference and growth ofthe school itself. I am look- atthe prestigious Max Planck Institute for Research into Economic ing forwardto anothergreatyear." DorisNoeandAnne Systems in Jena (Germany) thatfeatured a discussion of his economic Johnsonatalumnipicnic theories setforth in the book. Although considered a "heavy" academic book, it is available in paperbackfrom Amazon.com, continuedonpage7 Awarded Scholarships 2001 -02 for Executive Advisory Board The recipients ofthe 2001-02 Cameron School of Business scholarships have been announced. Congratulationsto all ofthe students listed below. The school is very grateful to its scholarship The Cameron School of Business Executive sponsorsfor providing a means ofattracting and retaining extremelytalented students. An annual Advisory Board helpsthe school in strate- scholarship can be established with a contribution of $500 or more. An endowed scholarship can gic planning, program supportandfund- be established with a single contribution of$25,000 or more, orvarying periodic contributions raising activities. ScottCuster, Baxter until the minimum endowment level of $25,000 is reached. Ifyou would like more information on Stirling, and Richard Morrison arethis scholarships, please contact Chris Clapp, director of development, at 910-962-3214 or e-mail him year's new members. Bob Warwick, partner at [email protected]. with RSM McGladrey, Inc., isthe chairof the board. The otherboard members are: Student Name Christopher Haskins BB&T • Bruce Cameron, Partner, Scott Kinlaw BB&T Cameron Company Melissa Wetsig BB&T » Michael Constantino, Partner, AIsmayacBBriygannetss TDihxoomnasOdJo.mBu-rkGeraduate Ernst & Young KimberlyJones Elwood Walker- Undergraduate • ScottCuster, President, General Bank Joey Pruitt Elwood Walker - Graduate (subsidiaryofCentura Banks, Inc.) Laurel Pettys Frank Dunne, Jr., Memorial » MaryGornto, City Manager, Julia Dudley Gerald Edward Green Memorial City ofWilmington Brooke Perry Hamilton and Johnson CPAs » John Griffin, President, Henry Cherry Roger P. Hill EnergyPath Corporation Jason Rivenbark Hughes Brothers, Inc. • Chris Hegele, General Partner, Jennifer Stone Hughes Brothers, Inc. Kitty HawkCapital Cynthia Thomas Hughes Brothers, Inc. » Bob Hoover, Division Vice President To be designated Hughes Brothers, Inc. Kimberly Melnick Independent Insurance Agents of North Carolina and Wilmington Plant Manager, To be designated Information Systems and Operations Management Corning Incorporated Shannon Mitchell Institute of ManagementAccountants » Ron Isyk, National Directorof Internal JenniferClifton j.W. Jackson AuditServices, Deloitte & Touche Mauro Di Filippo j.W. Jackson » Stephen Kelbley, ExecutiveVice Kimberly Garner j.W. Jackson Presidentand President, Raymond Dennis Norm R. Kaylor Home Furnishings Operating Group, Brandy Garrell Stephen and Kathleen Kelbley Springs Industries, Inc. Jackie Roberts Stephen and Kathleen Kelbley » Estell Lee, Retired Ownerand CEO, Julia Primavera Mary Ramey King Memorial AlmontShipping Meredith Holland LowerCape Fear Human Resources Association Kelly Johnson Mary McDuffie Walker Herb McKim, Jr., Executive Vice President, Julia Dudley McGladrey & Pullen - Graduate McKim & Creed Raymond Dennis McGladrey & Pullen - Graduate Thomas Hutchinson Peoples Savings Bank » Sandy McNeill, Owner, John Trango Purchasing ManagementAssociation of Carolinas-Virginia Liberty Healthcare Services LLC Erin Clayton Sales and Marketing Executives International Association » H.E. Miller, Jr., Chairman, Heather King Sales and Marketing Executives International Association Miller Building Corporation Nancy Myers Sales and Marketing Executives International Association Norvell Miller, General Partner, Scott Wilson Lee M. Sherman Southeast Interactive Technology Funds Gwen Leckemby Sally R. Wilkins » Bill Morris III, Self-employed, Emily Burnett Wilmington Shipping Company Investments » Richard Morrison, FormerCSB New Director of Development Executive-in-Residence "» Donis Noe, Financial Advisorand Retirement Planning Specialist, ChrisClappjoinedtheCameron SchoolofBusinessas Morgan Stanley directorofdevelopmentinNovember2000.Anative of BaxterStirling, City Executive and Greensboro, N.C., hereceivedabachelor'sdegreeinman- SeniorVice President, agementwithaconcentrationinmarketingandaminor BB&T (Southport) inpoliticalsciencefrom UNCG. Hewasapartnerwith "» H. David Swain, Owner, CarolinaAssetManagementpriorto comingto UNCW, Swain & Associates LLC andhis 11-yearbackgroundinfinancialservicesand Elwood Walker, Retired Partner, estateplanningwillhelpthe schooldevelopstrategiesfor Price Waterhouse Consulting donorswhowishto contribute, andatthe sametime, accomplishtheirpersonalfinancialplanninggoals. Chris Bill Warwick, Retired Chairman, willleadthe developmenteffortsassociatedwiththenew AT&T, China UNCWTechnologyBuildingforboththe Departmentof » Alan Zimmer, Presidentand CEO, ComputerScienceandtheCSB. Inaddition, hewillassist Reeds Jewelers theCameronAlumniChapterinitsfund-raisingefforts. , Update on Economy the Local Priortotheterroristattacks of September 11 Business and Economics Services, noted that measuring cup." There is simply "too little data 2001 the local economywas slowing. Forthe short-term forecasting in today's environment is and virtually no historical precedent on which to , yearending June 2001 average monthly employ- not unlike "a baker preparing a cake who does base forecasts." In contrast, the long-run outlook , ment in thethree southeastern counties of not have all the ingredients and especially a remains upbeat. Brunswick, New Hanoverand Penderwas up 3 percent, compared to an average annual growth Economic Impact of the Motion Picture Industry rate ofalmost4 percent over1995-2000. Similarly, the unemployment rate had been rising In early 2001, the Centerfor Business and Economics Services completed a study ofthe economic since mid-year2000 and, on a seasonallyadjust- impactthatthe motion picture industry had on the economies of Brunswick, New Hanoverand Pender ed basis, stood at4.1 percent in June 2001. Counties in 2000. The study was done in cooperation with the Wilmington Regional Film Commission Retail sales had continued to rise but at a office. Jason Brow, a 2001 Cameron School graduate majoring in economics, collected the datafor noticeably slower rate. Forthe year ending the study. Brow and Center directorWilliam W. Hall, Jr., prepared the final report. March 2001, they were up 6 percent in the The study made estimates ofthe impactthatthree types of motion pictures - a "movie ofthe three-county areato $4.3 billion. This compares week," a "medium-budgetfeature," and a "high-budgetfeature" - had on total economic activity, to growth ofalmost 10 percent over 2000 and personal income (all income earned by residents), self-employment income, property income (divi- an annual average growth rate of 8 percent over dends and interest payments received by residents), selected taxes (sales and excise tax payments 1995-2000. received by local governments), wages and salaries, and employment (full-time jobs). The impacts Building permits in New Hanover County were estimated fora "typical" film of each type and are shown in the following table. were also down. Forthe 12-month period end- ing August 2001, permits issued forall new Type of Impact Movie ofthe Week Medium-Budget Feature High-Budget Feature construction inthe countywere down 6 percent Total EconomicActivity $1.9 million $6.2 million $15.9 million to 2,090. Those issuedfor new residential con- Personal Income $650,000 $2.2 million $5.9 million struction were down 5 percentto 1,710. Those Self-Employment Income $118,000 $374,000 $995,000 issued for new non-residential construction Property Income $292,000 $952,000 $2.3 million were down 13 percentto 380. Taxes $95,000 $325,000 $664,000 In light ofthe terroristattacks, the short- term outlookforthe local economy is uncertain. Wages and Salaries $558,000 $1.8 million $4.9 million William W. Hall, Jr., director ofthe Centerfor Employment 30 110 300 continuedfrompage5 XCIV^ LJLX L. V XXKJ L-t/ ^ Sackley New Keating New Management MBA Director and Marketing Chair William Sackley, associate professor offinance, Bob Keating, associate professor of management, became the MBAdirector during the 2000-01 has completed his firstyearas chair ofthe academic year. Bill came to UNCW in 1999from Department of Managementand Marketing. Bob the University of Southern Mississippi. The many succeeded Steve Harperwho served as interim unique features of our MBA program, including chair. Bob provided leadership in the hiring of Rob team-taught modules, Cross-Roads, Executive Konopaske and Carlos Rodriguez. He is currently Challenge and Practica, keep Bill heavily involved overseeing the search fora new executive in resi- with CSB facultyto assure the highest standards dence to replace Richard Morrison. Dick retired of quality education. MBA students greatly appreciate Bill's genuine fora second time afterteaching with usfor sixyears. The department will interestand concern fortheir education. also be looking fora human resources/organizational behaviorfaculty person this academic year. Bob became a memberof Phi Kappa Phi, a Asper New Graduate national academic honor society, lastyear. Coordinator Badarinathi New ISOM Chair Elaine Asperjoined UNCWfrom UNC Chapel Hill to becomethe CSB graduate coordinator. Elaine has Ravija Badarinathi, professor of statistics and primary responsibilityforthe logistical matters management science, became chair ofthe associated with both the MBA and MSA programs. Department of Information Systems and With assistance from Tonice Brewer, Elaine is Operations Management (ISOM) on July 1. Ravija involved in overseeing CSB processes associated follows John Anderson, professorof information with admissions, enrollment, graduate assis- systems, who stepped down after manyyears of tantships and general day-to-day matters. Elaine administrative service, including serving as interim also teaches afinance course. dean priorto Howard Rockness. Ravijawill be pro- viding leadership for ISOM asthe department plans itstransition tothe new UNCWTechnology Building and the creation ofajoint graduate degree with the Department ofComputer Sciences. _ Week Business features Governor Martin/ Dr. Leutze Cameron's 16thBusinessWeek, "2001 Business Odyssey," tookplaceon March21-22. FormerNorthCarolina GovernorJimMartinwasthekeynote speaker, andUNCWChancellorJim Leutze playedAlexTrebec i—nthe Commerce Cup Challenge Cameron's versionofthegameshow"Jeopardy," withteamsfromthe studentbusiness organizations participating.As inprevi- ousyears, studentscouldattend anyof theBusinessWeeksessionsthatfocused ontheircareer, personaldevelopment and/ormajorinterest. ChancellorLeutzeandaCommerceCupChallengestudentteam TheBusinessWeekcommittee, ChancellorLeutzeentertainedboth students andfaculty co-chairedbyprofessors RandyHansonandWoodyHall, duringthe Commerce Cup Challengethatwaswonbytheteam developedthetwo-dayprogramthathadover40careerses- fromtheStudentChapteroftheFinancialManagement sionsand 60business speakers.ThekickoffspeakerwasJane Association.TheGrandSponsorsofBusinessWeek2001 were SmithPatterson, ExecutiveDirectorofthe Rural Internet aaiPharma, BankofAmerica, CP&L, PPD, Inc. andSoutheast AccessAuthority, who focusedonorganizationsthat"danced InteractiveTechnologyFunds. Inaddition, 16 otherfirmspro- withchange" in drivingchangein adigitale-Commerceworld videdsupportforthisprogram. UNCW UNCWiscommittedtoequaleducationalandemploymentopportunityandisanaffirmativeactionemployer.7,500copiesofthispublic ® documentwereprintedatacostof$2,504.78or$.33percopy. (G.S.143-107.1) Printedon recycled paper. -§x UNCW Yes, I want to support and the Cameron School of Business Pleasecheckone: Alumnus Name Parent Address / Friend City_ State .Zip_ Pleasedirectmygiftto: CameronSchoolofBusiness, GeneralFund Q DepartmentofAccountancyandBusinessLaw, GeneralFund Fordetailed information on giving opportunities, please DepartmentofEconomicsandFinance, GeneralFund contact: Chris Clapp DepartmentofManagementandMarketing, GeneralFund (910-962-3214) DepartmentofInfo. Systems& OperationsMgmt., GeneralFund UNCWGeneralFund AdvancReemtuernnttSoe:rvices The Universityof North Enclosedismygiftof $ madepayabletoUNCW. Carolina atWilmington 601 South College Road VISA CardNo.: Wilmington, NC 28403-5905 MASTERCARD Nameoncard: This gift qualifies as a charitable donation. Expires: Signature: Thankyou foryourgenerosity! Thisgiftwillbematchedbymyormyspouse'semployer!company:

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