Friday, January 29, 2010

Update: Twitter contest winner

Remember Kelley's first-ever Twitter contest from a few weeks ago? Well, we have a winner! Congratulation to Kelley junior Johnson Kinley, who won an autographed copy of Mathletics. His Twitter ID is @kinleyinc.

We'll post future Twitter contests here on the blog and announce them on Twitter via @lura_forcum and @KelleySchool.

Kelley students win National Collegiate Investment Competition

Representing the Kelley School of Business and the Undergraduate Investment Club, Chi Hoong Ng and Cham Lun Cheung won the National Collegiate Investment Competition. This is the second semester in a row that a Kelley team has won the national competition.

The contest is organized by Texas Christian University's Financial Management Association twice a year. Each semester, about 10 schools compete to see who can produce the best performance managing a virtual stock portfolio over the course of a semester using

"The objective of the competition is to find out which team is able to gain the most risk-adjusted return within a three-month period. Each team starts with $100,000. Our team managed to get first prize, which consists a $400 check to the club and a plaque," said team member Chi Hoong Ng.

Monday, January 25, 2010

Help Kelley MBAs raise money to support Partners in Health's efforts in Haiti

A number of Kelley MBA organizations have joined forces to raise money for Partners in Health, a nonprofit organization providing health services to the poor since 1987.

If you would like to donate, you can do so through the image on the left, or you can click
here to give through the Kelley MBA donation page. So far, $644 has been raised. The goal is $5,000.

Funds from the Carnival event, as well as money collected at the Monday coffee breaks, will be put toward this goal.

If you have questions, please contact Jonathon Kruesi, Corporate Social Responsibility chair for the MBAA, at

Kelley MBA organizations announce fundraising event for Haiti

This is a guest post from first-year MBA student Chantal St. Louis.

On Thursday, January 21, 2010, the Center for Latin American and Caribbean Studies (CLACS) hosted “Decoding Disaster: Understanding the Haiti Earthquake of 2010”, a campus-community forum. The evening began with an academic discussion on the historical, political, cultural, environmental, and economic realities in Haiti, both pre- and post-earthquake. Later a number of people in the university’s Haitian-American community spoke of their personal experiences in the United States and the earthquake in Haiti.

The evening concluded with a call to action in which various student and community groups announced their fundraising efforts to support Haiti. Bradley Levinson, Director of CLACS, announced that Indiana University has secured a freight liner that will ship supplies to Haiti.

Chantal St. Louis, a Haitian-American first-year student from the Kelley School of Business announced a fundraising event to be held on February 19, 2010. The event is a Carnival celebration organized by several Kelley organizations: Black MBA, Latin MBA, Jewish MBA, Net Impact, and the International Business Society.

In addition to showcasing various cultures that embrace Carnival, the event will be used as an opportunity to create cultural awareness of Haiti and raise funds for Partners in Health, a nonprofit organization that provides health services to the poor in Haiti as well as a number of other countries.

Also representing the Kelley School of Business at this event were Sarrona Clardy, president, Black MBA; Vadim Hunte, president, Christian MBA Association; and Jason Allababidi, Diversity Council member.

*Photo caption: Haitian-American graduate student David Tezil speaks at a public forum in Alumni Hall. The forum was titled 'Decoding Disaster: Understanding the Haiti Earthquake of 2010.' Credit: Alex Benson for the Indiana Daily Student. Read the Indiana Daily Student's coverage of the forum here.

Wednesday, January 20, 2010

Kelley alums' coffee drink gaining attention

Kelley alums Ben Heins and Eric Lukas founded a beverage company called Bean and Body in 2006. They make healthy coffee beverages that combine coffee, tea, and ingredients with antioxidant properties.

Bean & Body was recently featured on NBC 5 Chicago's "Taking Charge" segment. You can view it on You Tube. You can also become a fan of the company, and their campaign to get their product into Whole Foods stores, on Facebook.

Planning the February 5, 2010 Check Your Label event

This is a guest post from Sara Woolbright, vice president of the Trockman Microfinance Initiative and a co-planner of the Check Your Label event.

When I was five years old, my family took our first trip to Disney World. After what seemed like months of waiting for our trip, we finally arrived and I was instantly in love with Disney. But among all of the rides we rode, all the shows we watched, and all the characters with whom we took pictures, “It’s a Small World” quickly became my favorite attraction, and remains so to this day.

I am sure my love for the ride developed for the catchy tune and the large collection of dolls in what was virtually the most detailed and accessorized dollhouse I would ever see. However, as I grew, I began to adore the ride for the different cultures, adventures, and stories the dolls expressed. As I became a more inquisitive child, the ride instilled in me a curiousness for foreign lands and the people within them. My latest trip to Disney occurred the summer after I graduated high school and the first ride I rode upon arriving was “It’s a Small World.” This time, I looked around at the ride seeing it as a child’s introduction to fostering a spirit of a global community in which everyone is directly connected.

Although “It’s a Small World” holds a special place in my heart, as an (almost) adult, I recognize the na├»ve simplicity of the message. Nevertheless, the oversimplified idea of “It’s a Small World” fosters an optimistic outlook of the world with three easy and applicable lessons: recognize how truly small and connected the world is, become more globally minded and aware of global issues, and foster an attitude of a global community.

These three concepts align with the work of the speakers for the February 5, 2010 Check Your Label symposium. All of our speakers have in some way worked to spread a message that simply comes back to one of these three concepts, either TOMS Shoes' donating a pair of shoes to a child in need for every pair sold, or understanding the working conditions of people who make items we buy without more than a few seconds’ thought. (Visit the Check Your Label website to read about all of the incredible things the speakers have accomplished.

As an undergraduate student studying business, it is easy to be judged as someone who is driven only by profit. As a student who one day hopes to work in the consulting field, I understand and respect the necessity of making a profit. But what is noteworthy about the speakers for the symposium is that they are finding a way to be profitable while making a positive impact in the world. They are not only worried about making a profit, but the people they will affect and have the opportunity to impact while doing so. It is the perfect blending of education and passion, something students are longing to find as we embark into the “real world” and begin our careers.

I have personally felt the excitement of discovering a way to use a business education to make social change possible, along with my fellow students Kyleigh Turk and Emily Rizzo, both of whom are helping plan the Check Your Label symposium. Through my capacity as vice-president of the Trockman Microfinance Initiative, I have worked with fellow students to increase the awareness and education of microfinance on Indiana University’s campus. Through working with faculty and other students on the symposium and other projects, I have come to believe that for many students, making a social change through their career is becoming more of a concern and focus for their undergraduate career. There are many lessons to be garnered from this fusion of a business and social-mindedness which students, especially studying business, are now eager to hear.

There are only 16 more days until the Check Your Label symposium! To learn more about the event, visit the website
or the Facebook page.

Duhachek receives Nestle-Hustad Professorship

Associate Professor of Marketing Adam Duhachek has been appointed to the Nestle-Hustad Professorship in Marketing. Support for this professorship is provided by Nestle USA. In titling the professorship, Brad Alford, CEO of Nestle USA (and a Kelley alumnus), wanted to recognize Professor Tom Hustad’s many years of contribution to the Marketing Department and the area of product management and innovation.

Professor Duhachek joined the Kelley school in 2004 following the completion of his Ph.D. at Northwestern University. Adam’s primary research interests emphasize two themes. One research stream focuses on understanding the nature of consumer coping processes, including specifying the role of consumption emotions and identifying a diverse set of consumer coping strategies and studying their effects on consumer behavior. The other addresses various issues of consumer health and welfare, including improving the effectiveness of health messaging.

Adam's research has been published in a number of leading scholarly journals, including the Journal of Consumer Research, Journal of Marketing Research, Marketing Science, Journal of Applied Psychology, Journal of Consumer Psychology, Journal of Retailing, Journal of Service Research and Journal of Contemporary Ethnography.

McCrory appointed to ArcelorMittal Faculty Fellowship

Business Law Professor Martin McCrory has been appointed to the ArcelorMittal Faculty Fellowship. ArcelorMittal, the largest steel manufacturer in the United States, has provided this fellowship to support the research and teaching efforts of a professor who plays a major role in the intellectual and professional development of Kelley's undergraduate students.

Professor McCrory has long been an important member of our academic community. He joined Kelley's Business Law and Ethics Department in 1995 and has taught a wide range of courses related to the legal environment of business, covering areas such as torts, product liability, warranty, agency, and environmental law. He received the Junior Faculty Award of Excellence from the Academy of Legal Studies in Business (a national organization of business law faculty).

Professor McCrory is also an accomplished scholar. During his time at the Kelley school, he has received more than 20 teaching-related awards. His research has appeared in such prestigious law journals as the Stanford Environmental Law Journal, the University of Colorado Law Review, the American Business Law Journal, and many others. His article in the University of Colorado Law Review (co-authored with Professor Eric Richards, also on our faculty) won the Outstanding Environmental and Business Paper award from the Academy of Legal Studies in Business.

Wednesday, January 13, 2010

New statue commemorates Kelley tradition

On December 14, 2009, Kelley held a ceremony to dedicate a new sculpture in the forum of our graduate education building. The statue is a pair of hands applauding. If you haven’t spent time on our campus, this may seem like an odd piece of artwork. But this statue commemorates an important Kelley tradition and an important aspect of the school’s culture.

Walt Blacconiere, a beloved professor of accounting at Kelley passed away from pancreatic cancer in 2007. A gifted teacher with a deep appreciation for student-faculty interaction, Walt was known for ending his classes with a round of applause. The clapping expressed his appreciation for the learning that had taken place that day and for the students’ efforts to grow intellectually. Students would inevitably applaud as well, in recognition of Walt’s obvious devotion to their learning and to truly excellent teaching.

After Walt’s death, MBA students and faculty adopted the clapping tradition at the end of each class. It was a way not only to remember Walt, but also to recognize the effort that both faculty and students put into teaching and learning. The clapping continues, even though the current MBA students only know of Walt by reputation.

This statue is not only our way of remembering Walt Blacconiere, it is also a physical reminder of one of Kelley’s most central qualities. Kelley is a collegial place. Faculty and staff, students and visitors alike will tell you that Kelley is a place where collegiality and intellectual rigor both flourish.

We believe that learning is an exchange and a struggle. Students learn from the professors, but professors also learn. In every classroom, every day, growth and progress is made by all involved. Everyone gains from these exchanges, whether a tenured professor or a first-year MBA student. And that deserves a round of applause.

Conscious Consumerism Event, Feb. 5, 2010

Kelley is hosting "Check Your Label," an event devoted to social entrepreneurship and conscious consumerism, on Friday, Feb. 5, 2010 at the Indiana University Auditorium. The event is free and open to the public.

Four speakers will talk about sustainable business practices. Speakers include
  • Blake Mycoskie, founder and chief shoe giver of TOMS Shoes, Inc. TOMS promises to give a pair of new shoes to children in need around the world with every pair sold. In just three years, TOMS has given away more than 140,000 pairs of shoes.
  • Kelsey Timmerman, author of the book Wear Am I Wearing?, an account of the global connection between producers and consumers.
  • Amy Chin, director of the International Development Cooperative, which connects impoverished villages to opportunities that drive sustainable community self development. Currently, IDC acquires collegiate licenses and provides women’s weaving groups in Bolivia the opportunity to produce officially licensed collegiate products.
  • Anne and Kelly Campbell, founders and partners of The Village Experience, an Indianapolis-based store that sells sustainable goods and travel experiences.

More information is online at the "Check Your Label" website.

Friday, January 8, 2010

Mathletics and the Dallas Mavericks -- Twitter contest!

On Saturday, January 30, 2010, we're hosting the annual Kelley alumni Mavericks event. Alum Mark Cuban will join us for a reception followed by the Mavericks-Trailblazers game at the American Airlines Center in Dallas.

This year, Kelley Professor Wayne Winston will give a talk at the reception about his new book Mathletics, how the Mavericks are doing, and his Superbowl projections.

Register online
here. You don't have to be a Kelley alum to attend. The cost for the reception and a game ticket is $60 per person. If you already have a game ticket, you can attend the reception for $25.

To spread the word, we're having Kelley's first Twitter contest! Tweet the bolded phrase below and you'll be entered into a drawing for your choice of a ticket to the event or an autographed copy of Mathletics:

RT to win tickets! Mavericks & Mathletics in Dallas with @KelleySchool! More info at

Here's the fine print: Contest starts Friday, January 8, 2010 and ends Friday, January 22, 2010. You only have to retweet once to win -- multiple retweets will not increase your chances and may be a violation of Twitter's terms of use. Not tweeting yet? Sign up for an account at

Wednesday, January 6, 2010

Undergraduate student organizations compete in the Diversity Challenge

This is a guest post from Abdul Raof Abdul Latif, co-chair of the Kelley Student Diversity Council.

On December 2, 2009 the Kelley Student Diversity Council held the preliminary round of the 2009-2010 Diversity Challenge. Seven Kelley organizations took part in this semester-long event to come up with ways to identify diversity issues at the Kelley School of Business and find short- and long-term solutions to these problems. The organizations presented their solutions to a panel of judges representing the Challenge’s corporate sponsors Ernst & Young and Target, as well as Professor Elham Mafi-Kreft representing the Kelley faculty.
The participating teams were the Women’s Financial Association, the Kelley chapter of Delta Epsilon Chi, the Undergraduate Marketing Club, Kelley Student Government, the Real Estate Club, Women in Business and the Undergraduate Investment Club.

The challenge began with a planning phase in fall 2009. Student groups presented their ideas to judges on December 2, 2009. Judges selected four finalists who will implement their plans in spring 2010. The selected teams were Kelley Student Government, the Real Estate Club, Women in Business and the Undergraduate Investment Club. The teams will be judged again in April to assess the effectiveness of the programs they implemented.

The teams used resources available in the university, particularly the business school to come up with ways to increase diversity at the Kelley School. The ideas that were presented covered a wide variety of possible solutions, ranging from individual mentorship to social events and case competitions.