Governor Bill Haslam to Speak as Part of Distinguished Speaker Series August 29

Bill-Haslam-300wideTennessee Governor Bill Haslam will speak at UT on Friday, August 29, as part of the C. Warren Neel Corporate Governance Center’s distinguished speaker series.

The event, from 12:30 to 2:00 p.m., will be in the James A. Haslam Business Building, Room 402. The event is by invitation only.

The distinguished speaker series is sponsored by PwC.

The Neel Corporate Governance Center is a national leader in conducting and disseminating research on aspects of corporate governance. It focuses primarily on those aspects of corporate governance that affect public policy, such as board structure, the work of the audit, compensation, governance committees, and shareholder activism.

“The Neel Corporate Governance Center is honored to host Governor Haslam,” said Joe Carcello, the center’s executive director. “His dedication to educational reform and economic development is commendable and is making Tennessee more competitive.”
 
The distinguished speaker series brings experts in accounting, business, government, and law to UT to share their experience and expertise with undergraduate and graduate students, faculty, alumni, and fellow industry leaders.

Mary Schapiro, former chairman of the US Securities and Exchange Commission under President Barack Obama, was the speaker this spring. Future speakers include Jim Leisenring, senior advisor to the Financial Accounting Standards Board (FASB) and formerly vice chairman of the FASB and member of the International Accounting Standards Board; Troy Paredes, senior strategy and policy advisor at PwC and former commissioner of the US Securities and Exchange Commission; and Bob Moritz, the US chairman and senior partner of PwC.

For more information, visit http://corpgovcenter.org.


CONTACTS:

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UT Undergraduate Supply Chain Program Ranked Third in US by Gartner report

UT’s undergraduate supply chain program was recently ranked third in the US, according to a report from a leading industry company.

Gartner Inc. placed UT’s program just behind those at Michigan State and Pennsylvania State, which tied for first. UT previously ranked eleventh. The program is housed in the College of Business Administration.

“We are honored by this recognition and proud of the impact our faculty and students are having on the industry,” said Steve Mangum, dean of the College of Business Administration. “Through the leadership of our faculty and the capabilities of our students, we are helping companies across the nation design their supply chains for the future.”

Gartner Inc. ranked forty-four universities nationwide using research gathered through surveys and interviews of industry professionals and academics. The surveys identified industry sentiment and recruiting patterns, and included information on a university’s program composition, number of students, professors, and scope of curriculum.

The report lauded UT for being a program leader in the areas of scope, industry value, and program size.

“We redesigned our supply chain curriculum and we continue to broaden it to reflect modern supply chain management,” said Mark Moon, head of the Department of Marketing and Supply Chain Management.

He noted the program includes procurement, logistics, and operations. Historically, UT’s program focused largely on logistics.

“We now prepare our students to be conversant in all areas of contemporary supply chain management and proficient in their chosen area of specialization,” Moon said. “They are able to contribute immediately when they reach the workplace, and that makes our program extremely competitive.”

Gartner’s supply chain graduate program ranking is expected to be released this fall.

Apart from the undergraduate supply chain program, UT offers a wide spectrum of supply chain program like the Global Supply Chain Executive MBA program, the Full-Time MBA Program (Supply Chain concentration) and Supply Chain Executive Programs.

To learn more about the UT undergraduate supply chain program, visit the website.

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Welcome MBA Class of 2015

Class-of-2015

The UT College of Business Administration welcomes the incoming Full-time MBA Class of 2015.

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Thurman Joins UT Business College as Director for Graduate Programs

KNOXVILLE—Trent Thurman has joined the University of Tennessee, Knoxville, College of Business Administration as executive director for graduate programs.

Trent-ThurmanHe will oversee the college’s five non-executive-level, full-time master’s programs: master of business administration, accountancy, business analytics, economics and human resources.

Prior to joining the business college Thurman was director of the working professional MBA programs at the McCombs School of Business at the University of Texas at Austin. He oversaw the academic, administrative, recruitment and student services aspects of the Texas Evening MBA, the Texas MBA at Houston, and the Texas MBA at Dallas programs. Under his leadership, the portfolio jumped to No. 6 in the most recent “U.S. News and World Report” ranking of part-time programs, the highest rank in the history of the programs.

Thurman was awarded the President’s Outstanding Service Award by the University of Texas in 2012 and received the Student Services Excellence Award by the McCombs School of Business in 2011.

Prior to his role at McCombs, Thurman enjoyed a decade-long career in commercial and corporate real estate, including working with Dallas-based Trammell Crow Company and Sacramento-based Panattoni Development Company. He also was director of real estate for a regional healthcare system in Memphis for five years.

A Tennessee native, Thurman earned his undergraduate degree from UT and MBA from the University of Texas. He also served on the legislative staff of then-Senator Al Gore, where his research focused on legislative and regulatory issues relating to higher education, healthcare and the arts.

Thurman was president of the Memphis chapter of the UT National Alumni Association and was later elected to the national Board of Governors. He also served on the Board of Trustees for Grace-St. Luke’s School in Memphis.  An avid runner, Thurman has completed multiple marathons, including four Boston Marathons.

CONTACT:

Tanya Brown (865-974-1570, tgbrown@utk.edu)

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UT’s Zaretzki Earns Designation of Heath Faculty Fellow

Russell ZaretzkiRussell Zaretzki, associate professor of business analytics and Business Analytics Scholar, has earned the designation of Heath Faculty Fellow in the UT College of Business Administration.

The goal of the Heath Faculty Fellowship is to enhance the relationship between the UT colleges of business and engineering. It was established by Ralph and Janet Heath through a gift made from the Heath Family Charitable Fund in the Community Foundation of North Texas. Rupy Sawhney, professor of industrial and information engineering, is the fellow in the UT College of Engineering.

Zaretzki is co-director of the UT Business Analytics Forum and an active member of the UT Intercollegiate Graduate Statistics Program in which he frequently collaborates with engineering students and faculty on a wide range of research topics.  He teaches in the UT master’s and PhD business analytics programs and specializes in marketing analytics and computational statistics.  In 2013, he was awarded the George and Margaret Melton Faculty Award in Business Analytics from the UT College of Business Administration.

Ralph Heath, retired president of Lockheed Martin Aeronautics, received his bachelor’s degree in electrical engineering in 1970 and his MBA in 1975 from UT. He is a founding and current member of the UT College of Business Administration’s Aerospace and Defense Advisory Board, a lifetime member of the college’s Advisory Council to the Dean, a member of the UT College of Engineering’s Board of Advisors and a recipient of the UT Alumni Professional Achievement Award. He inspired the UT College of Business Administration to create its unique Aerospace and Defense MBA program.

I believe strongly that engineering and business need to become more engaged at the university level so that when our graduates begin to practice and lead in industry they are better prepared,” said Heath.

Janet Heath graduated in 1976 with a degree in food systems administration through the university’s registered dietitian program. She collaborated with her husband on the proposal for the joint faculty fellowship.

“There is great wisdom, foresight and creativity in this gift from Ralph Heath, born from his lifetime of management experience in both engineering and business,”
said Steve Mangum, dean of the UT College of Business Administration. “The Heath Faculty Fellowship program provides specific opportunities for two leading faculty members from these two colleges to permeate barriers, be innovative and initiate constructive dialogue and programming.”

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UT’s Noon Named Regal Entertainment Group Professor of Business

chuck noonCharles Noon has been appointed the Regal Entertainment Group Professor of Business at the University of Tennessee, Knoxville. Noon is a business analytics professor and head of the Department of Business Analytics and Statistics in the UT College of Business Administration.

Noon has been with the college for 27 years and has taught at all academic levels; undergraduate, masters, doctoral, and executive. He also was a member of the core team that developed the college’s highly ranked UT Physician Executive MBA program.

Noon is an award-winning teacher and a curriculum innovator. He launched the college’s Lean for Healthcare non-degree program, which he has taught throughout the U.S., Europe, and Middle East. He also developed the desktop modeling curriculum for the UT full-time Master of Business Administration program. He continues to consult with numerous organizations on operations improvement and has secured almost $1 million in funded research for the college.

Noon has co-authored a leading book on emergency department improvement, and his research has been published in numerous prestigious industry journals.

He earned his bachelor’s and master’s degrees in industrial engineering from the University of Louisville and a doctorate in industrial and operations engineering from the University of Michigan.

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UT Business Department Gets a New Name, Driven by Change in Business Environment

business-analytics-numbers-smThe Department of Statistics, Operations, and Management Science in the University of Tennessee, Knoxville, College of Business Administration has a new name.

The Department of Business Analytics and Statistics

Why the change?  “We wanted a department name that better reflects the programs we teach, the kind of research we conduct, and, most importantly, what our students can do,” said Chuck Noon, department head.

Over the last decade, companies have invested billions of dollars on information systems that collect massive amounts of data.  Companies will wage competitive wars based on their ability to convert this data into useable information, such as a strategic direction and enhanced customer experiences. 

The Institute for Operations Research and Management Science defines analytics as “the scientific process of transforming data into insight for making better decisions.” For UT, it is a unifying term because it encompasses all dimensions of the department and reflects UT’s commitment to teach and conduct research with a bias towards business applications grounded in the real world. 

UT students learn how to use data and mathematical models to improve business decision-making. They also graduate with the business acumen to understand which questions are important and the soft skills, such as teamwork and communications skills, to function effectively in a business organization.

“We are developing students who are technically skilled yet business savvy who can help organizations turn data into direction,” continued Noon.

According to Gartner Research, data analytics is expected to create 4.4 million jobs worldwide by 2015, but the availability of skilled workers will fill only one-third of those projected openings. A May 2011 McKinsey Global Institute Study, “Big Data: The Next Frontier for Innovation, Competition, and Productivity,” estimated that the United States will face a shortage of 1.5 million managers and analysts who can analyze big data and make decisions based on their findings.

“It’s all about making data-driven decisions to propel a company forward,” said Noon.

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