Hospital expansion to challenge CHOP?
The Alfred I. duPont Hospital for Children, in Wilmington, Del., is expanding into Deptford, N.J., to potentially compete with Children’s Hospital of Philadelphia. For comment, the Philadelphia Inquirer turned to Dr. Stuart H. Fine, Associate Professor of Risk, Insurance and Healthcare Management, Director of Healthcare Management Programs at the Fox School, and a former health system CEO.
Tips for upping your salary
The monthly periodical spoke with Dr. Crystal Harold, Associate Professor of Human Resource Management, for an article on how to increase your salary. Dr. Harold’s suggestion? Don’t accept the first offer.
Kapanjie among those lauded for service excellence initiatives
As part of President Theobald’s mission, the university is looking to improve its service excellence initiatives moving forward. In doing so, Temple Today, the university’s daily e-newsletter, highlighted the work of select faculty and staff – including Dr. Darin Kapanjie, Managing Director of the Online and Digital Learning team at the Fox School.
In 10 years, Hayley Leather would like to own a zoo.
With this professional aspiration in mind, the 22-year-old Fox School of Business student has focused her efforts on attaining the business expertise every zookeeper requires, while studying within Fox’s Risk, Insurance and Healthcare Management department.
Leather’s research paper in a related area – into the 2010 British Petroleum (BP) oil spill that devastated animal habitats in the Gulf of Mexico – won the 2015 American Association of Managing General Agents (AAMGA) White Paper contest.
Her essay, titled Why the BP Macondo Gulf Blowout is Important…and It’s Not What You Think, explores the complexities and uses of additional insured status and contractual indemnity in the oil industry, and the potential effects of restrictions. Leather synthesized legal precedent and interviewed experts in the field to uncover how unusual anti-indemnity strategies could change the face of risk contracting in the oil industry.
“This wasn’t anything that had been done before,” said Leather, a Risk Management and Insurance major. “Previously companies just did as they assumed, but BP really challenged all that.”
Winning essays were deemed to have communicated the significance of risk management in the future of wholesale, excess or surplus insurance lines in the manner of previous White Paper winners. Leather, one of two winners nationally, received $2,000 for her award-winning paper and an expenses-paid trip to Washington D.C. in May 2015 to attend the AAMGA Annual Meeting. While there, a mentor from the risk industry will be paired with Leather.
“I’ll be able to hear what’s going on in the industry and have a contact to talk to the whole time to explain it to me,” Leather said.
Leather credits Storm Wilkins, Assistant Professor of Risk, Insurance, and Healthcare Management, with encouraging her to enter the contest. Wilkins also serves as faculty advisor for Temple’s Sigma Chapter of the risk management fraternity, Gamma Iota Sigma, of which Leather is a member. Leather, who had written previously on the BP crisis, knew that expanding upon the topic for the contest made sense, given her interest in animal welfare and risk management.
“Hayley researched the issues thoroughly, and even reached out to an industry expert to ensure that her work was first-rate,” Wilkins said. “I encourage my students to enter competitions such as the AAMGA White Paper contest because it allows them showcase their abilities beyond Temple University.”
Leather, who transferred into the Fox School in Summer 2014, said her brother, Jonathan, FOX ’09, pushed her into the Risk Management field. Previously, she had been a science major.
“I wasn’t happy with the idea of staring at a computer or microscope all day. I didn’t want to do that,” Leather said. “I love business in general and something that is important to all business is managing the risks.”
Merging her love of animals with her penchant for business, Leather has interned with the Navy Marine Mammals Program in San Diego. Somewhat closer to home, the native of Cheltenham, Pa., also has interned as a zookeeper at the Wild World of Animals in Eighty Four, Pa. Leather hopes to one day work for SeaWorld Entertainment, managing risks for one of the organization’s seven parks, before applying her business savvy when opening her own zoo.
When an MD is not enough, add an MBA
Nationwide, the ever-changing landscape of healthcare has led physicians to business schools for MBAs. WHYY made Fox Online MBA student Alexander Vaccaro, the president of the Rothman Institute, the focus of its story on this topic. The reporter spoke with Dr. William Aaronson, Fox’s Associate Dean for Graduate Programs, and snapped a photo that’s included in the story during a visit to a class directed by Dr. John McClendon, Associate Professor of Human Resource Management.
Wattal making the media rounds
Dr. Sunil Wattal, Associate Professor of Management Information Systems, recently spoke with Economic Times, India’s premier financial daily publication, on a taxi app Ola and online furniture store Urban Ladder separately receiving new rounds of funding, as well as Uber India nearing the appointment of a CEO.
Leading the way, through charity
Student-organized events in the “The Leadership Experience” course directed by Dr. Crystal Harold, Associate Professor of Human Resource Management, have garnered plenty of media attention – particularly a 4-on-4 basketball tournament supporting the family of fallen Philadelphia Police Officer Robert Wilson III. The Temple News also interviewed one of Dr. Harold’s students for a story.
The science of advertising
There’s plenty to learn from science about consumers’ buying tendencies and marketing. The Philly Voice, a newcomer to the Philadelphia media market which publishes daily, highlighted the related research findings of Dr. Maureen “Mimi” Morrin, Professor of Marketing and Supply Chain Management, and Dr. Angelika Dimoka, Associate Professor of MIS and Marketing and Supply Chain Management, and made their findings that day’s lead story on their website.
Cable rates causing concern
Philadelphia City Council recently released a report on cable giant Comcast, exposing widespread concern over pricing. Dr. Ram Mudambi, Frank M. Speakman Professor of Strategic Management, likened Comcast’s myriad offerings to Baskin-Robbins’ many flavors.
Health care’s “chess game”
For now, University of Pittsburgh Medical Center’s plan to cut off Excela Health network access to Medicare Advantage patients won’t impact cancer-care patients, but could affect hundreds of thousands of seniors by the end of the year. The newspaper reached out to Fox’s Dr. William Aaronson, who compared the situation to “a giant chess game.”
The pizza boxes stacked onto a waist-high countertop stood taller than Pauline DeAndrade, President of Temple University’s chapter of the National Association of Black Accountants (NABA).
One by one, as fellow members trickled in to NABA’s April 22 assembly meeting, the mound of pizzas shrunk in size.
A catered assembly meeting was NABA’s reward for winning the inaugural Fox SPO Madness. A Twitter-based bracket competition, Fox SPO Madness pitted 16 student-professional organizations (SPOs) at Temple’s Fox School of Business against one another, with the winner earning a pizza party for its members, sponsored by Vanguard, a parter of the Fox School’s Center for Student Professional Development (CSPD).
NABA defeated Temple’s chapter of the American Marketing Association (TU-AMA) in the final round.
“When we surpassed 200 votes in the championship round, I think that was when I started thinking we might win,” said DeAndrade, a graduating senior and a summer intern with Deloitte’s auditing practice in Philadelphia. “Our support system showed during the duration of the contest, which made it a lot of fun.”
For a two-week span, from late March to early April, Fox SPO Madness galvanized SPOs into action. The contest ran simultaneously to the NCAA men’s basketball tournament, ending April 6, the same day as the basketball tournament’s championship game.
Of Fox School’s 24 SPOs, 16 maintain Twitter accounts. Each SPO was chosen randomly to populate spots in a 16-entry bracket. Once daily at 9 a.m., beginning March 17, the Fox School’s Twitter account (@foxschool) unveiled that day’s matchup to be voted upon. In each matchup, the retweet and favorite functions served as votes for respective SPOs and, at 3 p.m., a winner was declared.
To ensure the largest number of votes each time, NABA employed social media platforms, emails to its listserv members, and regular appeals to coworkers, family and friends.
“We tapped into our alumni, too, and we do so regularly,” said senior Harold Rosemund, NABA’s Social Media Coordinator. “For example, if one of our members knows they can do better in a particular course, we reach out to our alums and say, ‘Is anyone available to mentor a student, or consult with them on a project?’ Beyond the scope of the contest, our alumni base is always so supportive.”
“And I think this (contest) shows just how strong the SPOs are at Fox.”
Not to mention how hungry they are.
The creators of an online financial marketplace aiming to improve the consumer’s buying power in financial transactions won the grand prize at the 17th annual Be Your Own Boss Bowl®, a Temple University-wide business plan competition.
RatesForUs.com, co-founded by CEO and Fox School of Business alumnus Ben Stucker, MBA ’13, and CTO Alec Baker, took home more than $60,000 in cash prizes, in addition to products and professional services, at the April 16 final presentations at the Fox School.
“If I could have burst out of my skin, I would have. This was one of the most rewarding and exciting moments of my life,” said Stucker, a longtime mortgage industry professional.
RatesForUs.com, which registered its website domain only two months prior to the final presentations, hopes to become the top online destination for mortgage shoppers, Stucker said. He and Baker first met in February to lay the foundation for their company and “then we wrote our business plan in three weeks,” Stucker said.
What sets apart RatesForUs from others in the marketplace, Stucker said, is that they have worked closely with consumers to understand and support their needs. From increased consumer privacy to allowing consumers to confidently obtain lower interest rates, Stucker said RatesForUs has taken steps to drastically improve the online shopping experience. With RatesForUs, Stucker said, personal information will only be shared when necessary and agreed to by the consumer, eliminating “the bombardment of calls and potential bias based on race, ethnicity or gender,” he said.
The cash and prizes from Be Your Own Boss Bowl® will support the continued development of the marketplace for RatesForUs, Stucker said.
“Our expenses to date have been minimal,” he said. “That’s intentional. We only take a step if we can measure the results for future decision-making purposes. First, we wanted to be sure consumers would value our service, so we talked to them. Then we took our survey results to the lenders that would be supplying the loans and they were interested. We’re going to continue using this lean methodology and complete the development of our marketplace. We are looking forward to continued interaction with those in our marketplace – lenders, consumers, and professionals.”
The annual Be Your Own Boss Bowl®, the flagship program of Temple’s Innovation and Entrepreneurship Institute (IEI), is one of the most lucrative and comprehensive business plan competitions in the country. This year, 12 business plans representing five of Temple’s 17 schools and colleges were selected as finalists. They competed for more than $160,000 in cash prizes, plus related products, professional services, and incubation space.
The competition features three distinctly different tracks: the Undergraduate Track, open to current Temple undergraduate students; the Upper Track, open to Temple graduate students, alumni, faculty and staff; and the Social Innovation Track.
Winners from each track were:
- Upper Track: RatesForUs.com
- Social Innovation Track: ROAR for Good, LLC, a developer of wearable self-defense tech designed for women. (Yasmine Mustafa, FOX ’06; Anthony Gold; Peter Eisenhower, ENG ‘11; Charlotte Wells, CLA ’15; Hunter Vargas, FOX ’16; and Christina Kazakia)
- Undergraduate Track: Habitat LLC, a platform for students to buy and sell goods within their college communities. (Fox School students Andrew Nakkache, Michael Paskiewicz and Brandon Bahr, and Kathleen Chen)
For the sixth year, the IEI awarded the Chris Pavlides Spirit of Entrepreneurship Award to an undergraduate student who demonstrates a strong passion for entrepreneurship. This year’s recipient was junior entrepreneurship major Vincent Paolizzi.
Temple alumnus Christopher Wink, CLA ’08, received the 2015 Self-Made & Making Others Award. Wink is the co-founder and editor of Technical.ly, a network of local technology news sites and events.
Be Your Own Boss Bowl® participants benefit from coaching, mentoring and networking opportunities with the Philadelphia area’s leading business professionals, including members of GPSEG, the Greater Philadelphia Senior Executive Group. Overall, the competition receives support from 300 executives and entrepreneurs.
–Christopher A. Vito
Be Your Own Boss Bowl® 2015, by the numbers
$200,000 Value of monetary, products, services and mentorship prizes awarded
300 Mentors and preliminary judges
143 Overall participants in BYOBB
64 Senior executive mentors
61 Registered company submissions
32 Participating finalist team members
13 Temple University schools and colleges represented in BYOBB
13 Presentation coaches
12 Finalist teams representing five Temple schools and colleges
6 Finalist judges
Armed with cell phones, students filling seats near the runway snapped photos and admired their peers’ attire. On this day, the first floor of Alter Hall had been transformed into the setting of a chic fashion show.
Helping to define the dos and don’ts of business attire, the Center for Student Professional Development (CSPD) at the Fox School of Business hosted its third annual “Work Your Wardrobe: A Fashion Show For Young Professionals” event April 15 in Alter Hall’s Undergrad Commons.
Two-dozen student-models wore styles appropriate for smart business, business casual and business professional scenarios, with each of the looks originating from one of three sources: their personal closets, local consignment shops, or from CSPD retail industry partners.
“I have to be honest – I never knew the difference between the three styles,” said sophomore Chirag Chandna, a Management Information Systems major who modeled a business-casual look. “Now, I can say that I do.”
Work Your Wardrobe has become a staple for Fox’s CSPD, said co-organizers Holly Pfeifer, Assistant Director of Corporate Relations, and Lindsay Teich, Assistant Director of Career Competencies. Pfeifer and Teich said their interactions with Fox students generated a large volume of questions in regard to the culture of business-appropriate couture, leading to the event’s inception.
“One of the core components of the CSPD model is impression management, which accounts for both the verbal and nonverbal communication vehicles of a student’s professional development,” Pfeifer said. “The show is, and continues to be, a great success among students, faculty, staff and employers because it breaks the stereotypical mold of what resources a business school should provide.”
Work Your Wardrobe is a part of the CSPD’s full-service approach to preparing Fox’s students for the professional world upon graduation, engaging students with resume reviews, interview clinics, internship and job fairs and more.
An interactive, hour-long event, Work Your Wardrobe encourages those in attendance to vote on the origin of each outfit. In between walks down the runway, student-models acted out brief skits centered on educating students on how to properly accessorize or tie a necktie. Student-models also offered tips, like avoiding open-toed shoes and maintaining confidence in their looks.
“Feeling comfortable is important, but looking business-appropriate is just as important,” said senior Kehinde Adewunmi, a Management Information Systems major who modeled a smart-casual look. “I’d say a majority of students, before they work with CSPD, just don’t know the dos and don’ts of what to wear to work.”
“I used to think smart-casual meant a nice T-shirt and a nice pair of jeans,” said junior Ryan Rinaldi, a Finance major who sported smart-casual attire. “Obviously, there’s more to it than that, and that’s what Work Your Wardrobe tries to teach students before they make a regrettable fashion mistake in the workplace.”