Lead Story

20th annual WIT conference – Beelieve it or not!

Mays Business School, March 20th, 2019

Attendees at the annual Women in Technology Conference celebrated the 20th anniversary “Beelieve it or Not.” With a theme of hard-working bees, the conference brought together women to network and learn from others currently building their careers in information technology. It was hosted by the Center for the Management of Information Systems (CMIS) on March 1 in the Annenberg Center at George Bush Presidential Library at Texas A&M University.

Female students with an interest in information technology participated in roundtable discussions on topics such as lessons learned from senior executives, managers, professionals, and new graduates in the workforce. They discussed advice such as leadership, work-life balance, and new technology trends.

…Read more

Attendees at the annual Women in Technology Conference celebrated the 20th anniversary “Beelieve it or Not.” With a theme of hard-working bees, the conference brought together women to network and learn from others currently building their careers in information technology. It was hosted by the Center for the Management of Information Systems (CMIS) on March 1 in the Annenberg Center at George Bush Presidential Library at Texas A&M University.

Female students with an interest in information technology participated in roundtable discussions on topics such as lessons learned from senior executives, managers, professionals, and new graduates in the workforce. They discussed advice such as leadership, work-life balance, and new technology trends.

…Read more

Categories: Centers, Diversity and Inclusion, Featured Stories, Mays Business, News, Texas A&M

Philippe Hercot, Executive Professor of Finance and Director of Aggies on Wall Street at Mays Business School, received the Aggies Celebrate Teaching! – Recognizing Transformational Learning’s Teaching Excellence Award on March 21.

Each year, the Center for Teaching Excellence at Texas A&M University welcomes nominations for this award from all current undergraduate and graduate students in College Station, Galveston, Qatar, Health Science Center, School of Law, and College of Dentistry. Students write 1,000- to 1,500-word essays giving evidence of and reflecting upon the professor’s impact on their lives. The criteria included challenging students to think in new ways, inspiring students to learn more deeply, supporting learning through transformation of educational experiences, and impact on students. Out of the numerous nominations submitted by a wide range of students, only six were selected for this prestigious award.

At an award reception on March 21, Peyton Lenaburg, the senior mathematics major and Aggies on Wall Street student who nominated Hercot, had the opportunity to share her transformational experience to an audience of faculty and staff members while Hercot shared his approach to teaching. In addition, Hercot received a $1,500 professional development grant to continue advancing transformational teaching and Lenaburg received a $500 scholarship towards her education.

 

Categories: Departments, Faculty, Finance, Mays Business, News, Texas A&M

By Carleigh Lenz ’19

Scott Moscrip ’93 began his first successful company, Truckstop.com, in 1995 when internet entrepreneurship was on the absolute cutting edge. Truckstop.com provides a matching service for trucks and freight – “the eHarmony of shipping,” as Mr. Moscrip calls it. Some of Mr. Moscrip’s entrepreneurial roadblocks were clearly unique to the time (his early customers did not know how to access the Internet), but his experiences provided him with timeless lessons on entrepreneurship. Mr. Moscrip shared some of the lessons he learned from his successes and failures with students in the Mays Business School on Friday, March 1 as part of the Mays Innovation Research Center’s Professional Speaker Series.

The trucking industry is complicated in that each party is hostile toward the other. Truckstop.com provided companies and truck drivers with a neutral intermediary position to keep everyone happy. Mr. Moscrip found that the best way to please all parties involved is to be transparent. Much of the tension between the parties stems from distrust, but the transparency provided by Truckstop.com eased the nerves of Mr. Moscrip’s customers. He has worked hard to pay close attention to his customers’ requests, and often hosts customer retreats to hear what people need from his service. He then uses his customers’ feedback to modify Truckstop’s service.

Growing pains creep up on small business owners in different ways today than when Mr. Moscrip was growing his business, and he outlined some of the biggest differences. Today, the first two people a startup needs to hire are an HR manager and an accountant. Neither of these people adds any revenue, but they are necessary financial drains. These necessary costs are avoidable if you work with a program like Startup Aggieland that provides this type of infrastructure for affiliate startups.

Mr. Moscrip’s decision to enter the world of trucking comes down to two simple factors: he saw the value in getting his foot in the door of a large-scale industry, and he saw a problem that he knew he could solve. Mr. Moscrip hopes to access just one percent of the trucking industry. The industry is so massive, that one percent will go a long way. Ross Perot made billions of dollars by computerizing Medicare records for six cents each. Mr. Moscrip believes that entrepreneurs just need to find a way to “make their six cents.” Mr. Moscrip noticed a massive inefficiency in the trucking industry, he developed an efficient solution, and he has been “making his six cents” ever since.

Mr. Moscrip shared insight on his business failures as well, including:

  • Focus on creating solutions instead of writing reports for investors
  • Be cognizant of current technologies so as not to overshoot your customers’ needs
  • Starting a business requires a great deal of capital, so rely on family and friends for free labor, housing, etc. whenever possible
  • Never be the smartest person in the room
  • Break even quickly or pull the plug on your business if you realize you will not break even soon

Finally, Mr. Moscrip stressed the power of word of mouth marking, which is the driving force behind Truckstop.com. Entrepreneurs need to make their customers love the product so much that the customers want to tell others about it. To do this, entrepreneurs need to (1) focus on delivering return on investment to each customer and (2) truly listen to their customers’ concerns.

Categories: Entrepreneurship, Mays Business, Mays Innovation Research Center, Texas A&M, Uncategorized

Each year, the Deloitte Foundation awards $25,000 grants to 10 outstanding accounting Ph.D. candidates through its annual Doctoral Fellowship program. Jennifer Glenn, a Ph.D. student at Mays Business School, received this prestigious award this year.

Glenn is the third Mays Ph.D. student to receive this award. The most recent Mays Ph.D. student to receive this award was Brant Christensen in 2013; prior to that, Mike Drake received the award in 2007. The award is intended to support Glenn’s final year of coursework and also the next year in the completion of her doctoral dissertation.

Tonie Leatherberry, the president of the Deloitte Foundation, explained the significance of the Deloitte Foundation grant by stating:

“Growing the pipeline as well as strengthening the quantity and quality of accounting professors is critical to developing the next generation of future leaders. The financial support from the Foundation can help this year’s recipients complete their academic career journey and could have a significant impact on the thousands of students they will teach over time.”

The Deloitte Foundation invites about 100 universities to apply each year for this grant, and 52 students applied this year upon nomination by the accounting faculty of their institution. This is an increase of over 70 percent from 2018, and this award continues to become more competitive in nature.

The Deloitte Foundation is a not-for-profit organization founded in 1928 that uses a variety of initiatives to support education in the United States. The Foundation specifically focuses on developing talented leaders in teaching, research, and curriculum innovation. In addition to sponsoring graduate students and educators, the Foundation also provides benefits to middle and high school students and undergraduates through several national programs.

Categories: Accounting, Featured Stories, Mays Business, News, Ph.D., Students, Texas A&M

By Richard Castleberry, Director of Full-Time MBA

There are not too many individuals who, when choosing between studying for an MBA and going onto medical school, decide to do both, However, there are not many Ahad Azimuddin(s) in the world. He is an MD/MBA student in Mays Business School.

Upon completion of his MBA degree in August 2019, Azimuddin will switch gears to focus on medical school. His primary interest is in surgery and taking “healthcare” to a whole other level. His focus on the “business of medicine” is off to a great start.

Azimuddin joined Texas A&M University’s MD/MBA Program at Mays Business School after obtaining his bachelor’s degree from the University of Houston in biomedical sciences; liberal studies; and minors in chemistry, medicine and society, and economics. While studying for his bachelor’s degree, Azimuddin worked as an undergraduate researcher for the University of Houston College of Pharmacy. Since joining the MD/MBA Program in July 2018, he has already left an indelible, positive mark on his class, and continues to impress.

Earlier this year, Azimuddin took advantage of an opportunity offered at Texas A&M’s McFerrin Center for Entrepreneurship and entered the Raymond Ideas Challenge. The campuswide competition encourages undergraduate and graduate students to dream up the next great product or service. Each entry must include a 45-second video pitch of your idea. So Azimuddin submitted his 45-second video pitch of his medical device “L-Clip” idea (a pressure-sensitive medical device for a laryngoscope), and won the $3,000 first-place prize. He won with the Best Idea, as well as the Video Pitch, which brought him another $1,000 prize. …Read more

Categories: Featured Stories, Mays Business, MBA, McFerrin Center for Entrepreneurship, News, Programs, Research, Spotlights, Students, Texas A&M

By Nicole Schubert ’19

Leadership and Marketing at Southwest Airlines

Ryan Green, Senior Vice President and Chief Marketing Officer at Southwest Airlines, spoke to the  Mays Business School MS-Marketing students on Feb. 28 as part of the Mays Transformational Leader Speaker Series. Green is a 1999 graduate of Mays Business School and a member of the Dean’s Advisory Board. Integrity, leadership, drive for excellence, and traditions are all qualities that drew him to Texas A&M University and later to Southwest Airlines.

As CMO, Green has a wide scope of responsibilities, including:

  • Go-to-market efforts
  • Digital platforms
  • Loyalty, partnerships, and products
  • Customer experience
  • Insight and analysis across all the areas listed above

Green said branding and advertising have been the newest and most challenging areas for him. He attributes this challenge to his strengths (Achiever, Analytical, Significance, and Relator as determined Clifton StrengthsFinder), which do not align as well to those areas of marketing. He balances this by enlisting people around him who are strong in this area. …Read more

Categories: Alumni, Dean Eli Jones, Executive Speakers, Featured Stories, Former Students, Marketing, Mays Business, News, Spotlights, Texas A&M

Each year, students from the Texas A&M Health Science Center Colleges of Medicine and Nursing, School of Public Health, and the Irma Lerma Rangel College of Pharmacy, as well as the Corps of Cadets and hundreds of community volunteers, gather at Texas A&M’s Disaster City. The goal is the largest student-led, interprofessional emergency response simulation.  Participants practice in this scenario to be better prepared to respond to real emergencies.

This year, Mays Business School was asked to help the students of the planning committee project manage the event in the months leading up to the event. Since early Fall 2018, management student Ryan Rusy has been embedded with their steering team and nine committees, helping to bring order to the (staged) chaos.

This year’s scenario was the explosion of a Level 3 Biohazard lab, with actors portraying victims with various injuries and illnesses. Rusy worked with Management Executive Professor Michael Pace (MGMT) throughout the Fall 2018 and early Spring 2019 semesters to determine the right size of project management to deploy. After the event, he will produce reports and meetings to help the program continue to improve in subsequent years.

Preparing for disaster: A real-life catalyst for mass casualty planning

Categories: Featured Stories, Management, Mays Business, News, Students, Texas A&M

“Retail is about one simple thing: delighting customers”

Those are the words of Jim McIngvale, owner and founder of Gallery Furniture in Houston.

McIngvale, better known as “Mattress Mack,” spoke to more than 350 students, faculty, staff, and local business leaders for the 22nd annual M.B. Zale Visionary Merchant Lecture Series on Feb. 27 at Mays Business School.

Hosted by the Center for Retailing Studies, the M.B. Zale Visionary Award honors innovation and success in retail. Donald Zale, the son of the Zale Corporation founder, presented McIngvale with his award prior to his presentation.

For more than three decades, Gallery Furniture has been a staple of the Houston community. From their years of excellent customer service to McIngvale’s television catch-phrase “Gallery Furniture saves you money!” to the furniture retailer’s involvement in the local community – Jim McIngvale is a retail icon. …Read more

Categories: Center for Retailing Studies, Centers, Featured Stories, Marketing, Mays Business, News, Texas A&M, Uncategorized

Round Rock High School graduate, finance junior Mikey Jaillet

Mikey Jaillet, a junior finance major at Mays Business School, was elected the Texas A&M Student Body President in the Spring 2019 elections. This is the second consecutive year that a Mays student has been elected to serve as Texas A&M’s Student Body President, as management major Amy Sharp was elected in the Spring 2018 election.

Jaillet’s victory was announced on Feb. 22, when Election Commissioner Mary Franklin announced the election results in the Memorial Student Center Flag Room. The results of the Spring 2019 elections were also released to vote.tamu.edu after Franklin’s announcement.

Jaillet said his experiences at Mays Business School significantly impacted his decision to run for Student Body President and shaped his campaign strategy.

“I think one of the biggest things I have learned at Mays is that you first have to be able to motivate yourself,” he said. “Mays does a great job of giving you the tools to be successful, but you have to be able to step up. Mays has really helped me in initiating the ability to take the first step to get things done.”

…Read more

Categories: Finance, Mays Business, News, Spotlights, Students, Texas A&M

When Phillips 66 Chairman and CEO Greg Garland ’80 recounted his nearly 40-year career during a visit to Texas A&M University, he offered this advice: Work with a purpose, embrace change, and don’t be afraid to fail.

He credits his professional success to good timing and great enthusiasm. He graduated from Texas A&M University in 1980 – what he termed “a great time to be in the oil and gas industry.”

“I interviewed with 16 companies and got 15 job offers,” he said.

It all started on a day when he failed to get on the interview sign-in sheets for companies. “I met a guy in an elevator who was from Phillips 66. I was in a T-shirt, shorts, and sandals. He said, ‘Come see me at 2:00,’ so I did. I don’t know what he saw in me, but it worked out great. You never know when an opportunity is going to present itself, so be ready.”

Garland’s visit was hosted by Mays Business School and the Colleges of Geosciences and Engineering.

…Read more

Categories: Alumni, Dean Eli Jones, Energy, Executive Speakers, Featured Stories, Mays Business, News, Spotlights, Texas A&M