Giving Tuesday – the Tuesday after Thanksgiving – has become an international day of giving that harnesses the collective power of individuals, communities, and organizations to encourage philanthropy and to celebrate generosity worldwide. The movement, which started in 2012, kicks off the charitable giving season.

Occurring this year on Nov. 28, Giving Tuesday is held annually after the widely recognized shopping events Black Friday and Cyber Monday to kick off the holiday giving season and inspire people to collaborate in improving their local communities and to give back in impactful ways to the charities and causes they support.

The movement has gained in popularity over the last five years and points to recent shifts in philanthropy for both individuals and nonprofit organizations. Promoted as the hashtag #GivingTuesday for purposes of activism on social media, nonprofit organizations around the country will be making appeals for supporters to contribute to their causes.

Giving Tuesday provides nonprofits with an opportunities to attract new sponsors, donors, and volunteers, according to Kyle Gammenthaler, Coordinator of Social Impact Initiatives and instructor of the Strategic Philanthropy course at Texas A&M University’s Mays Business School. For nonprofit organizations looking to maximize their donations and support Gammenthaler offers the following tips:

  1. Tell your story: People are naturally drawn to stories and examples of impact. Do not simply rely on the generosity of people, but make a compelling case for why your organization is making a strategic difference in this world. Telling the community how many meals you distributed is one thing. However, it would be more advantageous to tell a story about “John Doe” and how his interactions with your organization not only filled his stomach but helped give him tools to improve his overall well-being.
  2. Develop a strategy that cultivates online and one-time givers: Year-end and online gifts can be the beginning of a long-term relationship. Figuring out a way to engage these givers is paramount to an organization’s long-term viability.
  3. Keep it simple: Make it easy for people to give. In our fast-paced world, it shouldn’t take more than one or two clicks on a website for someone to give. Make the process to give obvious, simple, and quick.
  4. Mind your manners: Follow up with givers, no matter the size, to appreciate the gift. Thank you goes a long way in developing long-term relationships with donors.
  5. It’s not all about the money: Of course, nonprofits need funds to operate, but so many people have skills, knowledge, and abilities that can drastically impact your organization and your beneficiaries. Find ways to engage and appreciate the individuals that give the “gift” of time or service.

Giving Tuesday also provides an opportunity for individuals to consider their own personal giving goals, especially in light of the ease of submitting donations online. As a result of the support of the movement by technology companies, individuals will receive a number of these appeals via their social media feeds and other digital channels. Gammenthaler offers the following tips to help individuals navigate through the many appeals:

  1. Your gift matters: Every single dollar has impact. Philanthropy and giving is not retained for only the high-end givers. Each individual and family should consider their own capacity to give and develop a strategy accordingly.
  2. Be selective: If you are having trouble determining where to give, then start locally. Look in your community to see what organizations align with your values and beliefs.  Expand this search as necessary, but find a couple organizations that you want to support and dive in.
  3. Be informed: Ask questions. Try to understand what the organization is doing to solve its mission. An informed gift is vastly more powerful than an uninformed gift. Move beyond what you “think you know” about an organization and go straight to the source.
  4. Consider your motivations: Are you giving out of obligation? A sense of duty? It feels good? You’ve been affected by the particular organization? Tax deduction? Whatever the motivation, take a look at “why” you give. Understanding your motivations may help you make more strategic decisions about your giving.

In response to recent shifts in philanthropy, Gammenthaler is also helping train the next business leaders in his new strategic philanthropy course at Mays Business School. Strategic philanthropy is heavily oriented towards the sustainable, responsible, and measurable ways in which nonprofits address and solve problems in local, national, and global communities. The Strategic Philanthropy course provides opportunities for students to practice strategic giving as a group while also developing a personal approach to philanthropy to carry forward into their personal and professional lives.

Read a related article on the award of $100,000 to nonprofits by students in the Mays Business School Strategic Philanthropy Course.

 

 

 

 

 

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

The McFerrin Center for Entrepreneurship at Mays Business School reflects the values of excellence revered by its namesake – Artie McFerrin, a long-time supporter of Texas A&M University and the name behind the $10 million gift that secured the center’s future.

An intimate group that included Artie McFerrin’s wife Dorothy, their daughter Jennifer, and a gathering of family, friends and university leaders attended a recent reception to celebrate the official naming of the center. The event at the Founders Club at Kyle Field served as a tribute to Artie McFerrin, and a thank-you to his family, who have supported Texas A&M for years.

Dorothy and Artie McFerrin Jr. ’65 (2016 photo)

“If you strive for success, if you dream of venturing into the unknown and emerging smarter and stronger, if you want to grow yourself so you can grow others, you not only have a place to go, but also a name forever attached to it,” Tyson Voelkel, president of the Texas A&M Foundation, said at the event.

The center, which serves more than 3,000 students and more than 1,000 former students through 27 programs, is an international leader in entrepreneurial education. It aims to enhance entrepreneurial student education by providing training, networking, and assistance to enterprising students, faculty and alumni. With the support of a volunteer network, corporate supporters, faculty, and staff, the McFerrin Center has been able to provide business start-up acceleration, competitive opportunities, work experiences, and financial support to aspiring entrepreneurs in the Aggie community and across the world.

…Read more

Categories: Centers, Dean Eli Jones, Donors Corner, Featured Stories, Management, Mays Business, McFerrin Center for Entrepreneurship, News, Programs, Selfless service, Startup Aggieland, Texas A&M

HOUSTON – A student team from Purdue University won the $6,000 first-place prize in the inaugural Healthcare Analytics Case Competition sponsored by health and well-being company Humana Inc. and Mays Business School at Texas A&M University. It was held at Mays’ CityCentre Houston location.

More than 300 master’s-level students representing 109 teams from 19 major universities in the U.S. registered for the competition, which showcased students’ analytical abilities to solve a real-world business problem. Students enrolled full-time in accredited Master of Science, Master of Arts, Master of Information Systems, Master of Public Health, or Master of Business Administration programs at educational institutions based in the United States were eligible to enter.

Purdue students Hongxia Shi, Shenyang Yang, and Xiangyi Che received the top prize after a presentation Thursday, Nov. 9 to an executive panel of judges.

Purdue team members Hongxia Shi, Shenyang Yang, and Xiangyi Che won first place. They are flanked by Arvind Mahajan of Mays Business School, left, and Vipin Gopal of Humana, right.

The second-place prize of $3,000 was awarded to Martin Shapiro, Lianne Ho, and David Sung of the University of Southern California, and the third-place prize of $1,500 was presented to Yvonne Yu, David Proudman, and Christina Murphy of the University of California, Berkeley.

“The Mays MBA Program is pleased to partner with Humana to bring together the brightest graduate students in the country to use data analytics in solving a real-world business problem in health care, one of the three Grand Challenge areas of Mays Business School,” said Arvind Mahajan, associate dean for graduate programs at Mays.

The analytics case received by the students was designed to be ambiguous, similar to a real-world business problem. The students were asked to predict the likelihood of a newly-diagnosed Type II diabetes patient with a Medicare Advantage health plan being admitted to an inpatient facility within a year and then the likelihood of readmission within a year. Students had to evaluate more than 900 variables, including age of the patient, gender, geography, type of health plan, and patient medication adherence.

“We are very impressed with not only the number of entries to the competition but also the level of expertise shown by the students in response to our scenario,” said Vipin Gopal, Enterprise Vice President for Humana. “We hope this competition inspires the students to think about careers in health care and challenges them to use their analytical skills to help shape the way our industry delivers care.”

The teams were judged based on the following criteria:

  • Ability to establish key performance indicators aligned to business needs
  • Quantitative analysis identifying key business insights
  • Ability to provide unique insights for business improvements
  • Professionalism and visualization skills

For assistance, applicants were allowed to pick from an array of tools, including R. Python, SAS, SPSS, Matlab, and Excel to help solve the problem.

 

 

Categories: Featured Stories, Health Care, Mays Business, MBA, News, Programs, Spotlights, Students, Texas A&M

Be the woman, find the woman, teach the woman – those were the directives delivered to the 400 attendees at the 2017 Women’s Leadership Initiative Conference hosted recently by Mays Business School.

This was the first year Texas A&M University opened the annual event to the public after starting at Mays’ CityCentre Houston as a series of seminars to help current and former female MBA students create connections and practice networking skills for their professional development.

The conference is one of the learning experiences that continue to make Mays Business School a vibrant learning organization.“The Women’s Leadership Initiative seeks to leverage the power of our powerful network and to arrest the progression of this alarming gender gap,” said Annie McGowan, Mays Business School’s Assistant Dean of Diversity and Inclusion.

This year’s participants heard from transformational leaders retired Col. Kim Olson, Deb Merril, and KC Allan Waldron. …Read more

Categories: Alumni, Diversity and Inclusion, Featured Stories, Former Students, Mays Business, News, Programs, Texas A&M, Women's Leadership Initiative

Mays Business School hosted the 9th annual Texas A&M Collegiate Sales Competition, where 17 sponsored companies brought in $36,000 to judge student competitors in a role-play selling situation. The 60 students came from four colleges within Texas A&M University to compete on Oct. 20-21.

Altria Group Distribution Company gave the competitors a case in which they were told to put together a sales pitch for Coffee Craze. Each participant was responsible for calling on EZ Stop N Save Convenience Stores to find business-building opportunities that would benefit both of their businesses.

A total of $6,500 in scholarships was awarded to the top four competitors. Marketing major Kendall Carter finished in 1st place, earning a $2,000 scholarship; industrial distribution major Heath Kristek placed 2nd ; marketing major Renee Richardson placed 3rd; and marketing major placed Madelyne Dunn placed 4th.

Andrew Loring, the assistant director of the Professional Selling Initiative, called it another successful year. “The sales competition is an incredible experiential learning opportunity to not only gain sales experience, but also receive valuable feedback and job offers from participating companies,” he said.

 

 

Categories: Departments, Featured Stories, Mays Business, News, Programs, Spotlights, Students, Texas A&M

Texas A&M University’s Mays Business School recognized two graduates – Kathleen Seiders ’95 and Wei Shen ’99 – with the Outstanding Doctoral Alumni Award. This award highlights former students who have achieved significant distinction in their academic field. The pair were honored during an awards presentation and reception on September 29.

“Kathleen and Wei are indicative of the high quality of individuals enrolled in our doctoral programs as well as the commitment that our faculty makes to help our students succeed,” said Mays Dean Eli Jones ’82, who received the honor in 2009. “Our doctoral candidates graduate with a deep knowledge of their subject area, a desire to expand the understanding in their field of research, and a commitment to educating future generations of students.”

Criteria for Mays’ Outstanding Doctoral Alumni include: sustained research productivity and visibility in the field; service to the profession as editor of a major scholarly journal; recipient of major awards for excellence in research, teaching and/or service; academic and administrative leadership; successful career progression at a peer or aspirational school; and holder of an endowed position. …Read more

Categories: Alumni, Departments, Former Students, Marketing, Mays Business, News, Ph.D., Programs, Texas A&M

The Aggie Real Estate Network (AREN) is hosting its 40th Annual Conference July 27-29 Bryan/College Station’s newest luxury hotel, the Stella Hotel located at Lake Walk at Traditions Golf Club.

The celebration of the AREN’s accomplishments culminates each year at the Annual Real Estate Conference. This event’s primary focus, since its introduction in 1977, is on continuous education and fundraising. Members satisfy their goal by inviting real estate professionals to College Station and providing them with the opportunity to learn, celebrate, and network with peers.

Since this year marks the 40th anniversary of the original conference, the event begins with a commemorative reception on Thursday evening. It will be followed by speakers and networking opportunities on Friday and Saturday.

For additional information, visit https://aggierealestate.aggienetwork.com/annual-conference/2017-registration/.

What differentiates AREN is the support from its members. Many affiliates serve as mentors to graduate students, host various conferences in the pursuit of lifelong education, and fundraise to create scholarships for students. The organization has raised more than $350,000, with $225,000 of that being awarded to outstanding students.

Mays Executive Professor Cydney Donnell, who is director of real estate programs, is coordinating the conference. A big part of the conference’s purpose is to raise funds in support of the real estate education efforts at Texas A&M,” she said. “Students have benefited greatly from both endowed scholarships and funding for educational events and trainings.”

How the network evolved

Students in the Master of Land Economics and Real Estate (LERE) Program created what is now known as the Aggie Real Estate Network (AREN). Their hope was to establish an organization where students could connect and network with those who had similar interests. These students originally called the organization The Association of Texas Real Estate Economists.

Master’s students who were accepted into the LERE Program were working toward a degree from the College of Agriculture. As finance became a more prominent feature of the real estate industry, the program was transferred to Mays Business School and the name was changed to the Master of Real Estate Program.

There are still close ties between the Master of Real Estate Program and College of Agriculture. The streamlined academic option, 4+1, was created for top students in Agricultural Economics who were interested in obtaining a Masters in Real Estate. The program allows students to register for essential agriculture courses and collaborate with students who are enrolled in a similar program in the College of Architecture.

Typically, the Master of Real Estate Program accepts 30 to 45 students annually and provides them with countless opportunities after college. Numerous students go on to work in banking, mortgage finance, retail site selection, investing, and agricultural appraisal. While graduates venture into the professional world, many continue to stay connected to Texas A&M through membership in The Aggie Real Estate Network.

 

 

Categories: Alumni, Centers, Departments, Faculty, Mays Business, News, Programs, Real Estate, Texas A&M

Texas A&M University’s military heritage, combined with its world-class business school, makes it the ideal place for today’s veterans to prepare for a career beyond the armed forces. To that end, Mays Business School’s Center for Executive Development is launching the Veteran Accelerated Management Program (VAMP) in partnership with the VETTED Foundation to help high-performance U.S. military veterans transition to the business world.

(Watch a video here)

This program enhances Texas A&M’s well-established reputation as one of the Best Colleges for Veterans. “Our armed forces have displayed their commitment to our country through their many years of service,” said Texas A&M University System Chancellor John Sharp. “This program is one way that Texas A&M can salute their service and help these proven leaders successfully enter civilian life so they can continue to be a productive part of society.”

…Read more

Categories: Center for Executive Development, Entrepreneurship, Featured Stories, Mays Business, News, Programs, Texas A&M

Willie Dennis, a Class of 2018 Full-Time MBA candidate at Mays Business School, was named among the 2017 scholarship recipients of the Texas Business Hall of Fame (TBHF). He was awarded $15,000.

According to TBHF guidelines, eligible candidates for the scholarship exhibit entrepreneurial aspirations, demonstrate a propensity for leadership in academic and campus activities and entrepreneurial achievements, and have good academic credentials.

Recipients were chosen after a round of nominations and then an interview process. A final recipient for each scholarship was selected to represent each of the participating universities.

Amber Acosta, associate director of the Full-Time MBA program, described Dennis as an active and contributing member of the MBA program. “His valuable insight in the classroom is matched only by his commitment to getting a well-rounded education,” she said. “Everything Willie does, he strives to do his absolute best. I have no doubt that Willie will be in the Texas Business Hall of Fame someday. We are so proud of him for receiving this prestigious scholarship.”

Previous Mays students to win TBHF scholarships include Full-Time MBA graduate Lloyd McGuire and Business Honors and Finance major Christopher Bybee ’17.

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

Mays Business School’s Executive, Professional, and Full-time MBA program have been recognized as a “Top Tier” MBA in North America by CEO Magazine’s Global Ranking 2017, published by the International Graduate Forum (IGF).  The Mays Executive MBA program has been listed under the Tier One ranking for Executive MBA programs globally.

The CEO Magazine Global MBA Rankings are compiled based upon key performance indicators considered to be of interest and value to potential students: the learning environment, class sizes, tuition fees, faculty, delivery methods, international diversity, gender make-up and more. The objective of the rankings is to identify schools that marry exceptional quality with great return on investment.

The Mays MBA program was previously recognized by Bloomberg Businessweek and Forbes as a Top 10 public program in the country.  The Executive MBA has been consistently recognized by Financial Times among the very best Executive MBA programs nationally and globally.

The complete CEO Magazine Global MBA Rankings 2017 can be viewed in the latest edition of CEO Magazine or online on the magazine’s new website http://goo.gl/l0LM4I

The Mays Executive MBA and Professional MBA programs are offered at CityCentre in Houston, while the Full-Time MBA is based on the main Texas A&M University campus in College Station.

Categories: Mays Business, News, Programs, Texas A&M