Eastern Mennonite University

THE BUSINESS JOURNAL

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Eastern Mennonite University
Department of Business and Economics
Fall 2005

2005-06 Year Begins with New Faculty
The Department of Business and Economics began the 2005-06 year by welcoming several new faculty. We are excited about the strengths that these new faculty bring, and we welcome them to the Department!

William (Bill) Culbreth
Bill is Assistant Professor of Business and Economics, teaching Business Law I and II, Human Resource Management, and the MBA law course. Bill earned a B.A. in anthropology from Wake Forest University and a J.D. from the T.C. Williams School of Law of the University of Richmond . He has taught as an adjunct professor at James Madison University and comes with extensive experience in workers' compensation law. He is currently the Deputy Commissioner/ Administrative Law Judge for the Virginia Workers' Compensation Commission serving the Shenandoah Valley . Bill lives in Harrisonburg with his wife, Hallet, their three young children and a spoiled, lazy Lab. In his spare time, he enjoys fly fishing, fly tying, reading and travel. 

 

Leo Plante
Leo comes to EMU with a variety of experiences, both in teaching and a 12-year investment banking career with Citibank and Goldman Sachs. After leaving Goldman Sachs, Leo established his own investment management venture capital firm while also teaching in the business program at Nichols College in Massachusetts . He has also taught at Wheeling Jesuit University (WV), Mount Saint Mary College (NY) and Indiana University . Leo is a graduate of Brown University and holds advanced degrees in economics, finance, and theology/ ethics from the University of Pennsylvania , Temple University , and Weston Jesuit School of Theology. His current research interests focus on integrating Christian ethics into the business curriculum. Leo will be teaching Financial Accounting, Financial Management, Investments, and Money and Banking. Leo has two adult daughters.

Walter Surratt
Walt comes to EMU from a 29-year career as an economist, having worked first for the Bureau of Economic Analysis of the US Department of Commerce and then spending the last 27 years with NERA Economic Consulting. Walt's work while with NERA involved antitrust and trade regulation matters in litigation, consulting with firms in the electric utility industry on competitive issues, forecasting future claims arising from asbestos exposure, securities litigation and a variety of other engagements, including patent infringement actions and transfer pricing analyses. Walt also serves on the Technology Services Committee at NERA and has been involved throughout his career there in the deployment and use of computer technology.

Walt is taking early retirement from NERA this December and is beginning a second career in education. He desires to provide classroom instruction that uses his experiences as a vehicle to convey course content. He is teaching Management Information Systems and will be teaching Statistical and Research Methods in the Adult Degree Completion Program in the Spring. Walt is excited to join the community at EMU and views this opportunity as a blessing. He is finding the transition to academia challenging, refreshing and rewarding. Walt and his wife live in Luray and have three adult children. In his spare time, Walt enjoys woodworking and reading.

MEDA Convention
Faculty and several students will be attending the 2005 MEDA (Mennonite Economic Development Associates) Convention in Whistler, British Columbia Nov. 3-6. Featured speakers are Graham and Treena Kerr (of Galloping Gourmet fame) and Katriona Le May Doan, 2002 Olympic speed skating champion. Look for reports from students who have attended this convention in the 2006 spring edition of “The Business Journal.”

Homecoming Breakfast
The Department will again be co-sponsoring, with the local MEDA chapter, a breakfast on October 15 during homecoming. The breakfast will begin at 8:00 a.m. in the Discipleship Center . We strongly encourage all Department students to attend this breakfast, to meet alumni, local business persons, and interact with the local MEDA chapter. The featured speaker is Sarah Smith, an ordained Southern Baptist pastor and business person who feels called by God to find ways to connect faith, work, and helping poor people. There is no charge for students who have a meal plan. If you don’t have a meal plan, we will pay the cost of your breakfast. Please let Patty know by Friday, Oct. 8, if you plan to attend (phone - 432-4150, e-mail: ).

Department Spring Field Trip
The date for the spring field trip is February 2-3, 2006 . We will be visiting various businesses in the Richmond and Newport News areas. All Department majors and minors are invited to participate in this 2-day field trip, which is funded by the Department. Students will be asked pay a small fee to participate. More specific information will be forthcoming, but put these dates on your calendar and plan to participate in the field trip. We will be limited by the number of seats on the charter bus.

MBA Program Updates
The MBA program is off to a great start this fall with 15 new students. Total students in the program is 36, with 9 of these students working on their final projects.

On September 13, director Allon Lefever hosted a social for all past and current MBA students. The event had about 55 people in attendance, including EMU President Loren Swartzendruber and his wife, Pat. One outcome of this event was to begin working on an MBA Alumni Club. Six people, both past and current students, have volunteered to be on the steering committee for this club, and this group will be meeting in October, along with Allon and Patty Eckard, office coordinator, to begin brainstorming ideas for this club.

The MBA Program also sponsored a communication/presentation seminar on October 4. Allison Linney, president of Allison Partners of Charlottesville presented this seminar and covered topics such as: techniques for communicating, techniques for powerful presentations, different processing styles and relationship to speaking/listening, and tools for remaining calm and professional in stressful situations. We offered this seminar to MBA students to help them polish their communication and presentation skills.

For information about the MBA program, contact Patty Eckard (, 432-4150) or Allon Lefever (, 432-4545).

Ron Stoltzfus on Sabbatical
Accounting professor Ron Stoltzfus is on sabbatical for the 2005-06 year. Ron is working half-time at Dynamic Aviation in Bridgewater , serving as a financial consultant, and is teaching half-time. Ron will report on his sabbatical activities in a future edition of “The Business Journal.”

Chris Gingrich Conducts Short-Term Consulting Assignment in Nepal
During May 2005 I traveled to Nepal where I conducted an evaluation of United Mission to Nepal 's "Partnership Program.” UMN is an inter-denomina-tional program of which Mennonite Central Committee is a member. The particular program that I evaluated has provided management training and development services to Nepali Non-Government Organizations since 2000. In short, my task was to assess whether the NGOs had benefited from these services and to make recommendations for future programs. I had previously lived and worked in Nepal from 2001-03, and it was rewarding to travel there again and learn about the work of these groups. Despite an ongoing civil conflict since 1996 that has claimed over 12,000 lives, the NGOs are providing important development services, even in rural, rebel-controlled areas. Their most positive contribution is creating civil organizations that subsequently receive both government and private funding for infrastructure and community development programs. Stop by my office sometime, and I'll tell you much more. I even promise to serve you a cup of Nepali "chia" (sweet milk tea).