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Monday, October 22, 2018

Founder of award-winning girls toy company speaking at Kelley about creating change and breaking gender stereotypes



Jodi Bondi Norgaard


BLOOMINGTON, Ind. – Eleven years ago, Jodi Bondi Norgaard began working toward bringing about change in the toy industry and breaking gender stereotypes. She created a company and its award-winning line of dolls, books and apps designed to encourage girls to choose healthy and active play over fashion and body image.

After several years working to break into the toy market, her Dream Big Toy Co. succeeded in getting its Go! Go! Sports Girls on Walmart store shelves in 2015. The following year, she sold the brand to an established toy company, Jazwares.

Norgaard will share her story with students and faculty Friday Oct. 26 at the Indiana University Kelley School of Business. Her presentation, “Creating Change and Breaking Gender Stereotypes,” will begin at 11 a.m. in room 1046 of Hodge Hall Undergraduate Center, 1309 E. Tenth St. Her talk, which is free and open to the public, is being presented by the Johnson Center for Entrepreneurship and Innovation.

It is the first of two events at Kelley this Friday focusing on successful women in business. Kathy Roeser, managing director and a wealth advisor at Morgan Stanley Wealth Management, and Joyce St Clair, chief capital management officer at Northern Trust Corp., will speak with students at 1:30 pm in Hodge Hall 1050.

The inspiration for Norgaard’s company came in 2007 while shopping for a doll with her 9-year-old daughter. All they could find were fashion-oriented dolls that promoted an idealized body type, including “Lovely Lola,” who wore a short skirt, belly-baring clothing, high heels and make-up.

“I realized there was a need for a positive doll for girls that would be age appropriate, proportioned properly and send a message about a healthy lifestyle – physically, mentally and emotionally – through sports,” Norgaard told Forbes last year.
 
Within two years, she had a prototype. But she ran into resistance from an industry that repeatedly told her, “Girls want fashion dolls.” She did not give up. In 2013, she successfully pitched her concept to three toy buyers at Walmart. Two years later, the company began selling Go! Go! Sports Girls dolls.

One of Go! Go! Sports Girls big sellers
Since selling her company, she has continued her efforts to inspire and empower women and girls throughout the world. In 2016, she was invited by The White House to participate in a conference on breaking down gender stereotypes in media and toys.

She is a board member of Girls on the Run-Chicago, a board member of Kaskey Kids, an award-winning line of sports action figures; a founding member of The Brave Girl Alliance, a think tank of girl empowerment experts; and a member of Women in Toys.

In advance of her visit, we asked Norgaard a few questions. Below is a slightly edited transcript of our interview:

Kelley: Your story is one of determination. It was a challenge bringing your products to market amid a toy industry that was resistant. How did you stay focused when you frequently were told, “Girls want fashion dolls?”

Norgaard: “I knew they were wrong and options were needed in the ‘pink aisle.’ However, I quickly learned that going against stereotypes is never easy and change can be slow. I persisted and was determined to create change. I won the top awards in the toy industry and I was featured in national media including ‘The Today Show,’ Forbes, the New York Times, Advertising Age, Parents and Self. So, I knew I had a pulse on what our culture wanted. I knew I had a vibe that parents wanted more for their girls too.”

Kelley: At the time you were launching your product line, did you realize you were being a role model for young women – including your daughter – as a business woman? Why that was important?

Norgaard:Initially I didn’t think I was being a role model for young women, but thought they needed to see strong role models. The saying, ‘She can’t be what she can’t see’ is true and my goal was to give girls more to see. Later in my entrepreneurial journey, I realized that I was a role model too. As for my daughter -- a 2018 graduate of IU -- she is pretty darn amazing and I see in her a lot of the same qualities she saw me use with my business -- determination, resilience, passion and hard work.”

Kelley: More than 10 years later, you’re on the board of Girls on the Run, on the board of a company that makes sports action figures, a founding member of Brave Girl Alliance and a member of Women in Toys. Does this highlight progress in the effort to present more appropriate toys and learning materials for girls? Have things gotten better? What still needs to be done?

Norgaard:Yes, I believe things are getting better, but it’s interesting how change was created in the toy industry by a few women seeing a need. After I started my line, Debbie Sterling started GoldieBlox, Alice Brooks and Benita Chen started Roominate, Julie Kerwin started I am Elemental and Laurel Wider started Wonder Crew. These women continue to push retail and media to do a better job portraying girls -- and boys -- beyond stereotypes. As consumers, we have a lot of purchasing power. If you don’t want a product for your child or in your house, don’t buy it. This will send a strong message to retailers and manufacturers.”

Kelley: Have things gotten better for female entrepreneurs like you?

Norgaard:I still think it is tough, but resources for women business owners are growing -- resources like mentors and advisors and there are in-person and virtual incubators. Also, large companies have started programs for women, such as Walmart’s Women’s Economic Empowerment Initiative. Women entrepreneurs should leverage the resources already in place.

Kelley: What messages do you plan to share with our students based on your experience, particularly our female students?

Norgaard:Persist when things get difficult. You can’t do it alone. Ask for help and find mentors. Challenge the status quo and call out stereotypes. Take advantage of opportunities even if they seem small. Believe in yourself. Strive for improvement, instead of perfection.”

Wednesday, October 17, 2018

Kelley School hosts 12th National Team Selling Competition; its team finishes in second place among 24 teams


The Kelley School's team huddles before their final presentation. The case focused on a sports drink.

BLOOMINGTON, Ind. – Nearly 100 students representing 24 universities and colleges from across the country traveled to Indiana University Bloomington to compete Oct. 11-12 in the National Team Selling Competition at the Kelley School of Business.

Emerging as the winner of the rigorous, two-day sales competition was a team from the University of Richmond, followed by teams from the Kelley School and Michigan State University. Students competed for $6,000 in prize money.

The National Team Selling Competition provides participants with an opportunity to apply their classroom knowledge, experience and skills toward a selling situation that is realistic and relevant in today’s market.

Teams were judged on their performance during two rounds of role-playing exercises, based on a hypothetical case involving a sports drink, outlined in a 15-page document that they received about two weeks before the competition. The top three finalists competed in the final round.

This was the 12th consecutive year that the Kelley School has hosted the competition, which grew this year to include more participating institutions, including those from Big Ten schools such as Michigan State and Purdue, as well as from other national universities.

The 96 students and their coaches came from one coast to the other to participate – from Florida International University to the University of San Diego.

The competition also provides unique networking opportunities with corporate partners, students and faculty. Kelley's Center for Global Sales Leadership organizes the competition, which is made possible through the generous financial and volunteer support of 3M, Altria and mediasite.

Feedback is given to students during the competition. All faculty coaches and participants receive a video of their school's performance as well as a video of the case debrief, so they can continue to learn from the National Team Selling Competition experience. Winning presentations from past competitions are available for viewing on the event’s web site.

More than 60 Kelley students competed in an earlier, one-on-one competition in order to be selected to participate in the National Team Selling Competition. Kelley's team was coached by Dennis Spahr, a new faculty member at the school who is the author of more than 100 speeches and articles on sales compensation and sales performance.

Kelley is the only top 10 undergraduate program to offer a professional sales major. Fewer than 25 business schools nationwide offer such a degree.

In addition to organizing the competition, the Center for Global Sales Leadership works closely with corporate partners to create programs and events that get students excited about careers in professional selling and sales management. Each semester, the center provides multiple opportunities to partner with different student groups at Kelley, including the Global Sales Workshop, Sales Club and professional sales majors.


Team Kelley: Left to right, Nolan Dunn, Grant King, Dennis Spahr, Lydia Welty, Mark Rich, Mihir Barot and Adam Scheck

Wednesday, October 10, 2018

Kelley School of Business partners with edX to present new master’s degrees in accounting and in IT management


BLOOMINGTON, Ind. – Indiana University’s Kelley School of Business is partnering with edX, the leading nonprofit learning destination, to present new online master’s degrees in accounting and information technology management, beginning in 2019.

Today’s announcement represents a next step for Kelley in providing quality graduate education online to students in ways that best suit the needs of today’s professionals.

Idie Kesner
“Kelley has been a forerunner in offering graduate programs online for nearly 20 years,” said Idalene “Idie” Kesner, dean of the Kelley School and the Frank P. Popoff Chair of Strategic Management. “Our partnership with edX highlights our continuing commitment to providing our students with meaningful, personal and connected experiences that move them toward their own true successes.”

“Both degrees are taught entirely by Kelley School faculty and are designed for smart, hardworking students with integrity and passion to substantially enhance their understanding of accounting or IT management and broaden their career opportunities,” added Ash Soni, executive associate dean of academic programs for the Kelley School.

Although the degrees can be completed within 15 months, Soni said each is designed to be flexible and rigorous, and allow students to complete them at their own pace, within three years. 

The curriculum for Kelley’s new Master of Science in Accounting degree includes courses in financial and managerial accounting, financial statement analysis, finance, tax planning and strategy, auditing and data analytics-based decision-making.

Kelley’s new Master of Science in IT Management will prepare students from both business and tech backgrounds to meet current market needs for chief information officers and other tech visionaries. They will learn how to analyze, design and develop information systems, how to lead IT management and strategy and how to use data and visualizations to support managerial decisions.

Ash Soni
“We are honored to welcome Indiana University to the global edX partner community," said Anant Agarwal, edX CEO and a professor at MIT. "This new partnership and the announcement of two online master’s degrees in highly in-demand fields comes at a time when the workplace is changing more rapidly than ever before, and employers are in need of highly skilled talent, especially in the fields most most impacted by advances in technology.

“The new master's degree programs from IU’s Kelley School of Business meet this need and also will offer learners the option to start with a MicroMasters program on edX that can count toward their full master’s degree and is also a valuable standalone credential,” Agarwal added. “This new partnership makes an important milestone in creating stackable, affordable, and accessible online master’s degrees in subjects that address today’s global skill gaps.”
A MicroMasters® program is a series of graduate-level courses that provides learners with valuable stand-alone skills that translate into career-focused advancement, as well as the option to use the completed coursework as a stepping stone toward credit in a full Master’s degree program. Learners will be able to engage with the curriculum right away when considering whether to apply, or to strengthen their application for either Kelley degree. 
Both master’s degree programs from IU’s Kelley School of Business are intended to have a corresponding MicroMasters program.
Kelley has offered graduate education online since 1999, when it established Kelley Direct, the first online MBA ever offered by a business school with a top-ranked residential program. Today, it also offers a variety of master’s degrees and executive education programs online.
EdX is a nonprofit, open-source learning destination offering online educational programs and courses at edX.org in alliance with more than 130 member institutions, composed of both leading global universities and colleges, and a diverse group of prominent organizations from around the world. Founded by Harvard University and Massachusetts Institute of Technology and based in Cambridge, MA, U.S.A., edX is focused on transforming online and classroom learning through groundbreaking methodologies, game-like educational experiences and cutting-edge research on an open-source platform.
Learn more about the Master of Science in Accounting and Master of Science in IT Management. The initial application deadline for the Fall 2019 semester is July 1, 2019.

Tuesday, October 9, 2018

Kelley alumnus whose firm helped rescue Thailand’s Wild Boars soccer team to speak about leadership in a team environment

Patrick Decker
BLOOMINGTON, Ind. -- As the world watched, a coordinated effort involving courageous cave divers and thousands of volunteers rescued a dozen members of a youth soccer team and their coach, who had been trapped in a flooded Thailand cave.

Among those playing a crucial role was Patrick Decker, an Indiana University Kelley School of Business alumnus and several engineers working for his company, Xylem, one of the world’s top water technology firms.

Decker, president and CEO of Xylem since 2014, will discuss the experience at 11:30 a.m. on Friday, Oct. 12 in a talk, “Leadership in a Team Environment.” The event, in room 1000 of Hodge Hall Undergraduate Center at the Kelley School, is free and open to the public.

“We’re always happy to welcome back our accomplished alumni to share lessons from their lives after Kelley,” said Idelene “Idie” Kesner, dean of the Kelley School and the Frank P. Popoff Chair of Strategic Management. “It will be very interesting to hear Patrick Decker’s experiences, not only the story the world knows, but also how his company makes a difference in other parts of the world.”

The boys and their coach entered the cave on June 23 for a quick casual hike, but flooding quickly blocked their exit and they retreated deeper inside the cave. Heavy rains caused water levels in the cave to rise and affected initial searches. Two divers found the group safe but hungry about 2.5 miles from the cave’s mouth on July 2. They were rescued over three days July 8-10 after an intricate operation involving an international team of divers.

Xylem and its team worked to help reconfigure the existing pumps to increase the flow rate of water being removed from the cave. After their recommendations were implemented, the flow rate was increased by at least 40 percent, which dramatically improved the rescue’s chances and prevented flooding in the cave from advancing further as a result of monsoon rains.

Decker’s company serves customers in more than 150 countries with innovative solutions to their most complex water challenges. He also oversaw an expansion of Xylem Watermark, the company’s corporate citizenship initiative. In addition to continuing its work to provide safe water resources for many of the world’s most vulnerable communities, Watermark now encompasses an ambitious employee volunteerism component that extends to all of Xylem’s nearly 17,000 colleagues.

The company pledged to record 100,000 employee volunteer hours in water-related activities over a three-year period in Xylem communities around the globe. That feat will be achieved by the end of 2018.

"When we heard the boys were found and began to see the visual imagery on TV of the water conditions and what it looked like in the cave, and I saw these hoses with water pouring out of them, I thought, ‘We need to get somebody there to be sure they’re getting maximum water out of these pumps,’" Decker said in an interview in Singapore.

Decker, a native of Newburgh, Ind., received a Bachelor of Science degree in accounting in accounting and finance from IU in 1987.

Before coming to Xylem, Decker was president and CEO at Harsco Corp., a global industrial services company. He also served in several leadership roles at Tyco International, including as president of Tyco Flow Control, where he grew revenue significantly in emerging markets and executed the company’s largest acquisitions in Brazil and the Middle East. Earlier in his career, he held progressively responsible financial leadership positions at Bristol-Myers Squibb Co., including nine years in Latin America and Asia. He began his career with Price Waterhouse LLP. 

Decker serves on the Bipartisan Policy Center’s Executive Council on Infrastructure, the Infrastructure Committee for the U.S. Business Roundtable, as well as the Dean’s Council at Kelley.

If you can't make it to campus for Decker's presentation, he was among those interviewed by the Discovery Channel for its fascinating documentary on the rescue effort, which is available online.

Monday, October 8, 2018

IU alumnus and writer for Stephen Colbert returns to campus to discuss coping with depression while seeking career success


Brian Stack
BLOOMINGTON, Ind. -- Brian Stack, an award-winning writer and comedian and an Indiana University alumnus, will speak at 7 p.m. on Thursday, Oct. 11 about his career in television and how he coped with anxiety and depression.

It is being presented by two campus organizations that foster mental health and wellness -- Balance at Kelley (a student initiative in IU’s Kelley School of Business) and the campus chapter of U Bring Change 2 Mind, the IU Media School and Union Board.

Stack’s talk, "Dealing with anxiety or depression when others are paying you to be funny: (A)musing perspectives from IU alumnus Brian Stack, writer for Stephen Colbert," is free and open to the public.

The event will take place in room 2075 of Hodge Hall Undergraduate Center, 1309 E. 10th St., at the Kelley School.

Stack, graduated Phi Beta Kappa with a Bachelor of Arts degree in telecommunications and a minor in psychology from IU in 1986. While at IU, he worked as a DJ at the student radio station WIUS (now WIUX) and drew cartoons and illustrations for the Indiana Daily Student. 

After getting a Master of Arts at the University of Wisconsin-Madison, where he also started performing improv comedy, Stack returned to his hometown of Chicago where he worked in advertising and did improv for fun before starting his professional comedy career at The Second City Theatre.

After four years at Second City, in 1997 he began working on "Late Night with Conan O'Brien," where he spent 18 years as a writer and performed, winning five Writer's Guild Awards and the Emmy for Outstanding Writing for a Variety, Music or Comedy Program in 2007.

In 2015, Stack became part of the writing team for "Late Night with Stephen Colbert” and was again nominated for an Emmy this year. He appears in many of the show’s opening sketches and has been the voice of “God” in conversations with Colbert and “Cartoon Donald Trump.”

In addition to his writing work, he has appeared in supporting roles on other TV shows such as "30 Rock,” "Parks and Recreation,” "The Office" and "New Girl.”

Wednesday, September 26, 2018

Kelley School conference offers insights for companies doing business in and with Indonesia

Jakarta, Indonesia's governmental and business capital, is home to more than 10 million people
BLOOMINGTON, Ind. -- The Center for International Business Education and Research in Indiana University’s Kelley School of Business, Friday is presenting a conference designed to help Indiana and Midwest companies pursue opportunities in and with the world’s fourth most populous country, Indonesia.

Speakers at “Doing Business In and With Indonesia,” will include Rosmalawati Chalid, consul general of the Republic of Indonesia in Chicago; and Mark Cooper, director in the U.S. Department of Commerce’s International Trade Administration.

The event, from 9 am to 1 pm, will take place at the Godfrey Graduate and Executive Education Center, 1275 E. 10th St. It is being held in connection with the 2018 ASIRPA Indonesia Focus Conference also taking place at IU Bloomington.

Indonesia is the world’s largest island nation, spanning more than 13,000 islands, with a population of more than 260 million people. Java, its most populous island, is home to more than half of the country’s population. It is the populous country in Southeast Asia.

Chalid will kick off the conference with a keynote presentation. She will be followed by a panel of prominent Indonesian IU alumni who will discuss opportunities and challenges of their country’s business environment.

A second panel of experienced business representatives will share best practices they have learned from doing business in and with Indonesia.

“Participants will learn from these experts and gain insights and practical information needed to enter and succeed in Indonesian markets,” said LaVonn Schlegel, executive director of the Institute for International Business at Kelley. “Participants will also have the opportunity to build important business connections with government officials, other businesses and industry experts.”

Monday, September 17, 2018

Kelley School's Fry Scholars Program marks its 10th anniversary

2018 Fry Scholars


Marking a 10th anniversary, Indiana University's Kelley School of Business has announced its largest class of William R. Fry Scholars. Thirty-two incoming freshmen have been selected as Fry Scholars. 

Entering freshmen who applied to IU and were directly admitted to the Kelley School were eligible. Preference is given to students who are traditionally underrepresented in the field of business.

Students receive funding toward standard tuition and fees. They also receive support in the form of an advisor and a Kelley student mentor during their time at IU. They also have the option of residing in the Kelley Living Learning Center, a residential program that focuses on personal, academic and professional development. Each program has its unique events.

The Fry Scholars program is made possible through a $15 million gift in 2008 from the late William R. Fry, a Kelley alumnus. The gift and resulting program are helping the Kelley School pursue a major initiative toward more inclusiveness and increased enrollment of underrepresented minorities. 

When making the gift, Fry said that he especially liked the impact that his Kelley School gift would have on young minds.

This year's Fry Scholars, their high schools and their hometowns are:
  • Zachary Blanton, Olympian High School, Chula Vista, Calif.
  • Matt Burrell, Crown Point High School, Crown Point, Ind.
  • Maiya Cook, North Penn High School, Lansdale, Penn.
  • Lucas Cooley, Reitz Memorial High School, Evansville, Ind.
  • Jordan Davis, Centerville High School, Dayton, Ohio
  • Santiago Duque, Paul Laurence Dunbar High School, Lexington, Ky.
  • CJ Figueroa, Merrillville High School, Merrillville, Ind.
  • Prince Frederick, James B. Conant High School, Hoffman Estates, Ill.
  • Brandon Hamblin, North Stafford High School, Stafford, Va.
  • Montgomery Hollis, Kingsway Regional High School, Swedesboro, N.J.
  • Vince Ivetich, Munster High School, Munster, Ind.
  • Naomi Jackson, Park Tudor High School, Indianapolis
  • Tommy Keslin, Marian Catholic High School, Chicago Heights, Ill.
  • Kennedi Kirk, Fort Bend Christian Academy, Sugar Land, Texas
  • Josh Klocek, Lake Central High School, Saint John, Ind.
  • Sika Kodzi, Oviedo High School, Oviedo, Fla.
  • Jack Kreilein, Brownsburg High School, Brownsburg, Ind.
  • Ian Layton, Edina High School, Minneapolis
  • Lorraine Michira, Brownsburg High School, Brownsburg, Ind.
  • Vivienne Monger, Maumee Valley Country Day School, Toledo, Ohio
  • Jonathan Moran, Portage High School, Portage, Ind.
  • Kaitlyn Moreno, Lebanon High School, Lebanon, Ind.
  • Brooklyn Mosley, University High School, Normal, Ill.
  • Maisa Muhammad, Providence-St. Mei High School, Chicago
  • Oti Ogbeide, Carmel High School, Carmel, Ind.
  • Nia Rochon, Signature School, Evansville, Ind.
  • Sophia Rodriguez, Marist High School, Chicago, Ill.
  • Nicolas San Jose, Deerfield High School, Deerfield, Ill.
  • Chase Santamaria, Cathedral High School, Indianapolis
  • Veronia Sobhy, Adlai E. Stevenson High School, Lincolnshire, Ill.
  • Parker Stiles, Plano Senior High School, Plano, Texas
  • Michael Utley, Shortridge Magnet High School, Indianapolis

The scholarships are renewable as long as recipients meet the expectations of their scholarship program.

More information about the Fry Scholars program is available from Brittani Wilson, director of diversity initiatives; or Luke Leftwich, director of the undergraduate program, at 812-856-7852.

Thursday, September 13, 2018

IU Kelley School of Business announces Dean's Council Scholars

2018 Dean's Council Scholars

Indiana University's Kelley School of Business has announced its Dean's Council Scholars.

Chosen from among all entering freshmen who applied to IU and were directly admitted to the Kelley School, 16 incoming freshmen are Dean's Council Scholars. Preference is given to students who are traditionally underrepresented in the field of business.

Students receive funding toward standard tuition and fees. They also receive support in the form of an advisor and a Kelley student mentor during their time at IU. They also have the option of residing in the Kelley Living Learning Center, a residential program that focuses on personal, academic and professional development. Each program has its unique events.

The Dean's Council Scholarship was created in 2015 out of a shared aspiration of the Kelley School's dean and Dean's Council to pool their philanthropic resources to sustain and enhance the school's diversity efforts, which includes students from all different economic backgrounds as well as students from diverse cultural backgrounds.

The Kelley Dean's Council is composed of over 150 CEOs, vice presidents and business leaders who represent all ranges of industry. It advises on institutional goals, school strategies and curricula. The council is also actively involved with long-term goal planning for the school and offers input on research, fundraising and the creation of new programs.

This year's Dean's Council Scholars, their high schools and hometowns are:

·       Kevin Braxton, North Central High School, Indianapolis
·       Mason Bronson, Metea Valley High School, Aurora, Ill.
·       Cat Brown, Rock Canyon High School, Lone Tree, Colo.
·       Isabel Drumwright, West Windsor-Plainsboro High School North, Plainsboro, N.J.
·       Jonathan Durgana, Torrey Pines High School, San Diego
·       Micah Jackson, Brebeuf Jesuit Preparatory School, Indianapolis
·       Drew Jarvis, Fishers High School, Fishers, Ind.
·       Brandon Kerr, Coral Springs High School, Coral Springs, Fla.
·       Jason Mbwa-Mboma, Weston High School, Weston, Conn.
·       Miles Mcilwain, Brebeuf Jesuit Preparatory School, Indianapolis
·       Cydney Nave, Westfield High School, Westfield, Ind.
·       Varisht Nellicherry, Brookfield High School, Brookfield, Conn.
·       Mark Oussoren, Walt Whitman High School, Bethesda, Md.
·       RJ Simmons, Metea Valley High School, Aurora, Ill.
·       Nick Tabb, Alan C. Pope High School, Marietta, Ga.
·       Nick Tello, West Windsor-Plainsboro High School South, Princeton Junction, N.J.

The scholarships are renewable as long as recipients meet the expectations of their scholarship program.

More information about the Dean's Council Scholars program is available from Brittani Wilson, director of diversity initiatives; or Luke Leftwich, director of the undergraduate program, at 812-856-7852.