In August 2018, the Department of Accounting hosted over 75 academics for the two-day 100th Anniversary Accounting Conference, bringing together researchers from Finland to Hong Kong. The program featured three keynote addresses and fourteen presentation sessions, and was opened with remarks from the Fox School of Business interim dean Ronald Anderson. The department was especially pleased to welcome back to campus several PhD graduates for the conference and introduced them to the current doctoral students.
Dr. Ray Ball of the University of Chicago Booth School of Business gave the Thursday evening keynote address at dinner in Morgan Hall. His speech was on the criteria for evaluating financial reporting. Also on Thursday, Baruch College’s Dr. Douglas R. Carmichael presented a talk on the challenges facing the accounting profession. Dr. Greg Waymire, of Emory University and Chapman University gave a keynote address on Friday about Adam Smith, the Scottish economist and philosopher and his influence on modern accounting principles.
The Fox School’s Department of Accounting will co-host the 2019 Conference on Convergence of Managerial and Financial Accounting Research with the University of Calgary’s Haskayne School of Business next summer in Lake Louise, Alberta.
Calling all entrepreneurs and small business start-ups…
Construction management combines two of the most important industries in Philadelphia – building and business. According to Pennsylvania and U.S. government statistics, Construction Managers are one of the most in-demand and fastest-growing careers.
Construction managers oversee the overall construction project. They act as an interface between the owners or architects and the construction workers. They take responsibility for the day-to-day work and report back on progress, costs, and issues. So if you’re a problem-solver able to prioritize and delegate tasks while effectively communicating with your team – you may have what it takes!
Our Construction Management Certificate (CMC) is an intensive 9-month program designed for existing and aspiring independent contractors who want to succeed in this $1 trillion industry. You get the tools you need to meet tighter project delivery times while learning to navigate the complex environment of regulatory and economic challenges. Temple University Small Business Development Center (TU SBDC) teaches you the specialized project management techniques you need to manage the planning, design, and construction of a project, from beginning (pre-design) to end (closeout). After completing the program you’ll be able to control a project’s time, cost, safety record, and quality – for all types of projects.
If you’re ready to learn more about the CMC, please join us on Saturday July 28th at 10am for coffee and conversation with our expert instructors.
An added bonus – just for fun!
Here are the Eight Traits of a Great Construction Manager:
Although construction projects are always a team effort, construction managers take the lead. As such, the difference between weak and strong leadership can play a huge role in the final results of a whole group’s efforts.
Sometimes, people are so hard at work that they forget the purpose of what they’re doing; they begin to see the individual steps as the whole job, rather than considering what the finished product will be.
An awareness of what a construction project is ultimately meant to be—the why this thing is being built? factor—is key to what makes a great manager. Their enthusiasm to see the project through to its ultimate purpose will motivate the entire team to respect the significance of what they do, and work harder to do it the best they can.
Construction projects almost always go through changes, whether it’s shifting deadlines, a bump (up or down) in budget, or a change in the availability of resources.
That means, as a construction manager, you will absolutely need to write and rewrite the plan, likely several times over. Being able to prioritize what needs to be done soonest, and always staying on top of what you have at your disposal (in terms of minutes, money, and materials) are pivotal to success.
3. Knowing Your Workers’ Skills
As a construction manager, you’ll be looking after a (fairly sizable) team. You should be aware of who excels at what, and give the right job to the right person.
Everyone in your team will have skills and experience, and of course the hope is that they’ll be able to adapt these skills to various problems, but that doesn’t negate the fact that individual workers will shine brightest in certain areas, and therefore be best utilized in certain tasks.
4. Team Player
Construction managers are responsible for bringing everyone together and keeping morale high. Directly related to these characteristics, a construction manager should be friendly and approachable.
Because when workers are happy with their management, it fosters better work habits, and it also opens communication for feedback, which lets the manager improve even further (and make sure everybody is on the same page)!
5. Communication Skills
Communication skills are central to good management of any kind. There’s simply not much as important as a construction manager’s ability to delegate tasks; furthermore, good communication might mean being able to look at the total scope of the construction project, and break it down realistically into small, doable tasks given to each member of your team.
On a simpler level, making sure no detail gets ignored or forgotten about and that everybody has gotten the memos that apply to them are essential parts of managing a team.
Being down is no good. When you’re leading a team, you need to be optimistic and confident that the project will be successful, believe that every one’s role is important and every worker is valuable, and that level-headed problem-solving will always get you through the day (more on this in #8).
7. Calmness under Pressure
Related to #6, calmness under pressure means understanding that a construction project will force you to face particular challenges, and there is always a way to figure out a solution if cool heads are put together and everybody stays on course. Panicking simply doesn’t do any good for anyone.
8. Problem Solving
Problem solving of every kind—whether technical, monetary, or social (i.e. addressing complaints about a particular project)—is a must in the world of construction management.
You don’t know ahead of time what obstacles a construction project will face, and as such, you need to think quickly, pragmatically, realistically, and diplomatically, sometimes figuring out solutions within a month, and other times within an hour.
Ready for more? Register for the July 28th information session here
Keynote Speaker: Ilana Kloss, Chief Executive Officer/Commissioner of World TeamTennis
Panel Discussion I: “How Sport Can Facilitate Work Life Balance”
Moderated by Betsy Leebron Tutelman, Ph.D., Senior Vice Provost for Strategic Initiatives and Communications and League Founder and Co-Chair
Lynne Andersson, Associate Professor, Fox School of Business, Temple University
Elizabeth Stamm, Emergency Housing Director, The Salvation Army
Panel Discussion II: “Achieving in Sport Using an Entrepreneurial Mindset”
Moderated by TBD
Robin Arnold, Associate Athletic Director, Holy Family University
Janine DiSalvatore, Venue & Aquatics Manager, US Olympic Committee
Amy Giddings, Ph.D., Executive Director, PA Rowing Camps
Beth Porreca, Director, Special Events, US Lacrosse
Be apart of a fantastic experience! Register today, Seats are going fast!
Temple University’s Fox Net Impact and the Innovation & Entrepreneurship Institute are excited to introduce the 7th Annual Social Entrepreneurship Conference, “From Point A to Point Green: Reducing Cost & Carbon Through Transport.” This year’s event will bring together Philadelphia social entrepreneurs and intrapreneurs, students and business professionals to learn more about the systems we use every day and how they are evolving to meet the socially conscious needs of businesses and commuters. The event will take place on Monday, April 9, 2012 from 9a.m. to 12p.m. at the Student Center located on the university’s main campus. Keynote speaker Stephen Gardner, vice president for Northeast Corridor Infrastructure and Investment Development for Amtrak, will be followed by a panel and then break-out sessions to foster interactive discussions between industry experts and attendees.
Temple University’s Howard Gittis Student Center
1755 N. 13th Street, Room 200
Philadelphia, PA 19122
Don’t hesitate! Register now!
The Fox School of Business is hosting the prestigious Fox-Kauffman Foundation Workshop on Empirical Entrepreneurship, a two-day showcase attracting a premier group of entrepreneurship scholars.
Beginning Nov. 18, the Fox School, in conjunction with the Ewing Marion Kauffman Foundation, will welcome a group of approximately 45 internationally regarded scholars for entrepreneurship-focused presentations and discussions.
The Kauffman Foundation, which has partnered with Fox for this event, is the world’s largest foundation devoted to entrepreneurship. Its vision is to foster “a society of economically independent individuals who are engaged citizens, contributing to the improvement of their communities.” An entrepreneurial culture is also a core value of the Fox School, which promotes entrepreneurship throughout all of Temple University’s 17 schools and colleges.
The two-day event will include presentations from scholars at leading business schools, such as London Business School, Harvard Business School, York University and the Wharton School, among others. Scott Stern, of the Sloan School of Management at MIT and one of the eminent scholars of strategy, will deliver the event’s keynote speech, “Do Entrepreneurs Need Strategy?”
“The idea is to have productive and engaged discussion of the research,” said Dr. Sheryl Winston Smith, chair of the event and an assistant professor of strategic management at Fox. “Paper discussion sessions are designed to be interactive and give each topic detailed and deep discussion, with papers ranging from the internationalization of new ventures, to the role of human and financial capital in entrepreneurial success, to broader implications of public policy on the entrepreneurial ecosystem.”
The conference has been a year and a half in the making, and Winston Smith said the call for papers in particular was phenomenal. Conference organizers selected 12 papers from 69 submissions. One of the 12 finalists will receive the prestigious Kauffman Foundation KFS Best Paper Prize.
Winston Smith played a crucial role in developing the partnership with the Kauffman Foundation. She has had a relationship with the foundation since 2008. Through the collaboration she became one of the first researchers to gain access to a database of 5,000 firms surveyed annually since 2005.
She is the recipient of several grants and fellowships from the foundation for research on new firm performance. She also has been recognized by the foundation multiple times for her innovative and relevant research on firm survival factors, receiving the Kauffman Foundation Best Paper Prize at the Strategic Management Society Annual Meeting in 2010 for her paper “Intellectual Property, Prior Knowledge, and the Survival of New Firms” and the Kauffman Foundation Promising Paper Award in 2011 for her papers “Beg, Borrow and Deal: New Firm Financing and Innovation” and “Who Seeks and Who Receives? Demand For and Access to Credit By New Firms.”
–Smith emphasized that this event is an avenue to further extend the Fox School’s and its Innovation and Entrepreneurship Institute’s presence and that the event supports the goal of promoting entrepreneurship throughout Temple.
More than 250 local entrepreneurs connected Monday with federal agencies, leaders in Philadelphia’s entrepreneurial and technology communities, and one another, at an event co-organized by the White House aimed at discussing urban entrepreneurship. The event kicked off this morning at Temple’s Fox School of Business, with remarks from Mayor Michael Nutter. “We need to hear your thoughts and your ideas, the things that we need to do more of, the things that we should stop doing,” Nutter said. “And if you think we need to just get out of the way, you can tell us that as well. Because you’re the ones who are really going to help turn this city around, our region around, and our country around.”
Media Contact: Brandon Lausch, 215-204-4115, email@example.com
Corinne M. Snell, executive director of the Fox School’s Center for Student Professional Development (CSPD), served as keynote speaker at the recent Philadelphia Region U.S. Department of Labor’s 2011 Women’s History Month Program.
The March 30 event, which focused on female educators, was titled “Our History is Our Strength.” National Women’s History Month is an acknowledgment of the tenacity, courage and creativity of women. Each year, the Philadelphia region invites a member of the local community who, by drawing on his or her life experiences and accomplishments, conveys to the audience a nonpartisan message of pride, responsibility and hope.
Media Contact: Brandon Lausch, 215-204-4115, firstname.lastname@example.org
The Fox School of Business continues to strengthen its presence in the regional business community through an important partnership with the Greater Philadelphia Chamber of Commerce (GPCC) as a sponsor of its executive leadership forums.
Most recently, the Fox School co-sponsored GPCC’s Women in the Workforce professional advancement forum on Dec. 15. The half-day program at the Hyatt at the Bellevue featured a panel of five prominent female executives including Brigitte Daniel, executive vice president of Wilco Electronic Systems, Inc.; Risa Vetri Ferman, district attorney for Montgomery County; Wendy Hamilton, general manager of SugarHouse Casino, Patricia Hasson, president of Consumer Credit Counseling Service of Delaware Valley; and Joanne Lewers, partner of Drinker Biddle. The women shared their stories, business tips and networking advice with an enthusiastic crowd, which included four Fox School staff members.
Because GPCC is an organization that resonates with the business community, the Fox School’s partnership is key in expanding area name recognition and brand marketing. Prior to the Women in the Workforce event, Fox worked with GPCC on its Nov. 10 Leadership Forum, which focused on building a skilled workforce in a tough economic climate.
The program, held at the PNC Bank Center, featured remarks from two Fox School administrators: Phyllis Tutora, director of graduate enrollment management, and Carol Orenstein, executive director of Graduate Career Management and Executive Education.
“The support and generosity of the Fox School of Business allows our Chamber to provide quality programming for our regional business community,” Chamber President and CEO Rob Wonderling said. “They are a key partner of ours and we look forward to working together in the future.”
The Fox School plans to continue its sponsorship of GPCC events in 2011, with participation in two executive leadership forums in March and May.
– Julie Achilles
Tuesday, Aug. 10, 2010
Media Contact: Brandon Lausch, 215-204-4115, email@example.com
In early August, the Fox School of Business and the Big Talker 1210 AM presented a panel discussion to examine the many roles and responsibilities of the U.S. Securities and Exchange Commission (SEC).
The panel of experts included Lori Schock, national director of the SEC’s Office of Investor Education and Advocacy; Daniel Hawke, national unit chief of the SEC Division of Enforcement’s Market Abuse Unit and director of the SEC’s Philadelphia Regional Office; and Dr. Eric Press, chair of the Fox School’s Department of Accounting and a former member of the SEC Regulations Committee of the American Institute of Certified Public Accountants.
The Aug. 5 talk, moderated by Big Money host and Fox School graduate Steve Cordasco, was recorded live and scheduled to be excerpted on Cordasco’s show as part of the radio station’s ongoing Financial Literacy Series.
Listeners gathered in Alter Hall’s undergraduate commons to learn about what the SEC does and how it educates and protects investors. The discussion was held in a town hall format, and panelists answered audience questions ranging in topic from risk-free retirement to recent financial reform.
Schock said the SEC’s mission is to protect investors, maintain fair and orderly markets and facilitate capital formation, among many other duties.
“Risk can come in many different forms,” she said, explaining that the most common victims of investment fraud are men within the age range of 55 to 65. “The best thing you can do is ask and check.”
Schock offered SEC resources, websites and databases for verifying information, checking product licenses or soliciting the status of brokers.
Hawke briefed the audience on how the SEC is protecting investors and regaining public confidence in light of the recent Goldman Sachs scandal that led to a $550 million settlement.
In addition to the creation of the new Division of Risk, Strategy and Financial Innovation, Hawke said the SEC Division of Enforcement is working closely with the U.S. Department of Justice and is “building a better mousetrap” to crack down on fraud. Modern computer systems, for example, are using pattern analysis to better detect unlawful trade.
“It doesn’t matter where you sit in the market, if you violate the law, we are going to be there and we are going to hold you accountable,” Hawke said.
– Julie Achilles
The Students for Responsible Business (SRB) hosted the first annual “Green by Design” week from March 23-27, 2009. This year’s event concentrated on informing students, faculty and staff about incorporating sustainability into business and personal practices, through a series of professional guest speakers, launching its Green Food Initiative and its eco-friendly laundry dispenser competition.
“Our Green By Design Week is focused on educating students about the opportunities in sustainable building, design and development,” commented Todd Oskin, SRB member and this year’s conference coordinator.
The week began with the commencement of SRB’s Green Food Truck Initiative; an effort to make the vending trucks around Temple University’s main campus more sustainable through a socially responsible graded ranking system. There are currently nine out of 20 trucks involved in the initiative. “We hope to have 75 percent of vendors involved, as we will be continuing this program throughout the summer and semesters to follow,” commented Jordan Salmeron, SRB member. Each truck receives a point for every sustainable action it takes. For example, offering a discount to customers who bring reusable mugs, giving paper/plastic bags only on request or purchasing local or organic eggs can earn a vendor points. Each point is worth one-fourth of a peach (SRB’s point icon), and the number of peaches the business collects will be displayed in SRB’s marketing campaign and on the truck’s sign. Therefore, students who support environmentally conscious vendors will be able to easily spot and purchase from these green trucks.
The speaker series showcased companies from diverse fields that offered a wide range of services and products including solar-powered systems, energy-efficient heat pumps and water treatment systems. The series began with SunPower Builders, the leader in southeastern Pennsylvania solar system installations. As made clear in the company’s description on its Web site, SunPower Builders merges “historic building techniques with contemporary technology.”
Josh Meyer, Temple University alumnus and key speaker, discussed the efforts of his company, PekaSys, which provides information about the top-performing sustainable products. “In the business model of PekaSys, the core idea is education,” explained Meyer. PekaSys currently features a German-imported product called, The Clear Rex Bubbler. According to PekaSys’ product description on their Web site, “The Clear Rex Bubbler is a fully biological on-site sequencing batch reactor (SBR) wastewater treatment system.” It transforms almost any septic tank into a wastewater treatment system because it can be retrofitted to an already existing reactor chamber. The system provides on-site wastewater treatment nutrient reduction and ecosystem protection.
Another noted speaker was Mordechai Levi, adjunct assistant professor in management science and operations management at Temple University, who talked about his company, Chi Sage Systems and its innovative green heat pump. The system can use multiple untreated sources such as ocean water, sewage water, lake water, river water and even more common geothermal water. By transferring energy from the source to the building or vice versa, the systems can heat or cool buildings with energy savings reaching 70 to 80 percent. Additionally, Chi Sage Systems offers energy-saving lights based on a new technology. Unlike other energy-efficient lights, its lights do not contain mercury and have a life expectancy of 60,000 hours, compared with 1,000 to 1,500 hours of regular lights. They have a luminosity of 60 lm/w, which is the same as the best fluorescent bulbs, and can go up to the equivalence of 400w, making them the only option for street lights. The lights’ color is similar to that of incandescent bulbs, thus making it comfortable and pleasant. The key to Chi Sage’s success is its ability to offer customers a no-cost installation and guaranteed savings at the same time for a long-term contract.
A two-day expo held in Alter Hall, and a student-designed laundry detergent distribution contest also occurred during the week. Student organizations and sustainable businesses Rho Epsilon, SEA, Green Depot, Big Green Earth Store, PekaSys, SRB and Joe Coffee, took part in the expo and provided information about their business organizations at their tables, while the Big Green Earth Store gave out samples of their Sun and Earth Laundry detergent. The purpose of the detergent distribution contest was for participants to design a system that will reduce or eliminate the waste from current laundry detergent dispensers. The most efficient system will be manufactured and used throughout the city and the winner will receive a cash prize. The week concluded with a “Going Green, Growing Strong” event hosted by the Alumni Association and a student and professional networking social sponsored by SRB at the Draught Horse.
Choose your own path and make your own destiny. Network. Be persistent, creative and innovative. Have passion. That was the message to students and some of the Philadelphia area’s most prominent entrepreneurs and business owners from panelists and speakers at the 9th Annual Women’s Entrepreneurial Conference, held on Oct. 28, 2008, in Mitten Hall’s Great Court. Tracy Davidson, NBC 10 news anchor and consumer reporter, moderated the event, marking her 6th year of involvement in the conference.
The conference occurs annually each fall and is a collaboration among Temple University’s League for Entrepreneurial Women, Fox School of Business, School of Tourism and Hospitality Management, School of Communications and Theatre and the Innovation and Entrepreneurship Institute.
The Women’s Entrepreneurial Conference is held to promote entrepreneurial leadership among not only Temple University students but also women and men, who are currently entrepreneurs and business owners or those who are interested in starting a business, and focuses on timely issues impacting entrepreneurs in business. “I wanted to be my own boss,” explained Michelle Farmer, executive senior sales director of Mary Kay Cosmetics. She has been building her business for 23 years and was a first time attendee of the conference.
Temple University President, Ann Weaver Hart, delivered a passionate and inspirational keynote address, which highlighted the “ABC’s” of entrepreneurial, innovative and history-making women. Past keynote speakers include, Tracey Davidson, Ritz Carlton and Rebecca Mathias.
President Hart used one of her favorite quotes by an influential woman, author and activist Laurel Thatcher Ulrich, to make her point. “Well behaved women seldom make history.” President Hart’s ABC’s consisted of a list of prominent women (doctors, scientists, teachers, singers and athletes) who experienced hardships in their quest to make their own paths and shape their own goals. These women made history by not allowing society to put them into categories and roles that were expected. These women were revolutionary pioneers in their respective careers. They transcended race, age, time period and accomplishments, and ranged from Philadelphia’s own Marian Anderson to athlete Mildred “Babe” Didrikson Zaharias. “We mustn’t let others slot us into any category to make history,” said President Hart.
This year’s event highlighted the various aspects of small business, including funding, planning and execution. Each panelist reinforced the importance of formulating an effective and realistic business plan, and creating a brand or face that enables a product or service to be distinguished from others in the market. Three of the panelists, Candice Caprice, Brian Linton and Jason Smikle, are Temple alumni.
“This year’s panelists said ‘Yes, you can do it.’ I thought our group was very inspirational. They spoke about how their dream became a reality,” said Dr. Betsy Barber, associate dean of the School of Tourism and Hospitality Management and the conference co-chair.
The panelists encouraged participation in the Fox School of Business Annual Business Plan Competition, recently renamed “Be Your Own Boss Bowl,” which is available to Temple University students, faculty, staff and alumni. The goal of the competition is to launch a brand new business in the Philadelphia region; however, it is not to be an extension of an already existing business. Two of this year’s panelists were previous winners: Karen Moustafellos, president and co-founder of Elements and Alloys (EnA), the 2006 winner, and Brian Linton, founder of Sand Shack, who won last year.
Each year the Women’s Entrepreneurship Conference honors influential female alumni who make a significant impact in the Philadelphia community and business world through creativity, entrepreneurship and leadership. This year’s inductees into the Women’s Entrepreneurship Hall of Fame were: Wanda D. Paul, senior vice president of the Philadelphia Convention and Visitors Bureau and Sarah M. Hetznecker, director of project development for Conergy Americas –both Temple alumni. “Every year we have the same criteria, we’re always looking for women who make a difference,” explained Dr. Barber.
When asked about her expectations for the conference Dr. Barber said, “I just hope women will walk out inspired, and they will walk out thinking anything is possible. Follow your heart, follow your dream.”