SBANC Newsletter

January 25, 2005

Issue 356-2005

QUOTE

"Successful people ask better questions, and as a result, they get better answers."

       -- Anthony Robbins

FEATURE PAPER

FINDING COMPETITIVE ADVANTAGE IN MANAGING WORKPLACE ETHICS

This paper was presented by J. Michael Alford, from The Citadel, at the United States Association for Small Business and Entrepreneurship Conference in Indian Wells, California on January 13-16, 2005.

The many breaches of ethical conduct and violation of laws involving high profile executives in recent years have focused attention on the way firms manage business ethics and company values. This paper identifies some of the bottom line benefits and other benefits of actively managing the business ethics process and recommends practical approaches for developing a program for the management of the process. It is especially important for small and medium enterprises to become active in this area.

The management of business ethics and company values have received increased emphasis with the recent incidents of unethical and unlawful behavior on the part of some high profile executives. Many firms have revisited their programs to ensure proper compliance. The Sarbanes-Oxley Act of 2002 now requires that each public company disclose annually its code of ethics for the company’s CEO and senior financial officers. Compliance is one matter, but there are other very practical and rewarding aspects to the process of actively managing ethics in the workplace. These are the benefits to the firm’s bottom line because the practice of good business ethics makes the firm a desirable one with which to do business and the community image of the firm is enhanced. This paper identifies some of these benefits and proposes a method by which firms can become actively engaged in the management of company values.

Read the Entire Paper...

TIP OF THE WEEK

Demographics Defined and Enumerated

Consumer demographics are objective and quantifiable population characteristics. They are rather easy to identify, collect, measure, and analyze--and show diversity around the globe. The demographics we discuss here are population size, gender, and age; location, housing, and mobility; income and expenditures; occupations and education; marital status; and ethnicity/race. After studying single factors, a firm can form a consumer demographic profile--a demographic composite of a consumer group. By creating profiles, a firm can pinpoint both opportunities and potential problems.

Several secondary sources offer data on demographics. For U.S. demographics, a key resource is the U.S. Bureau of the Census (www.census.gov), a federal government agency with considerable national, state, and local data via printed reports, computer tapes, microfiche, CDs, and online data bases. Its American FactFinder Web site, http://factfinder.census.gov/servlet/BasicFactsServlet, is quite useful. Many marketing research firms and state data centers arrange census data by ZIP code, make forecasts, and update data. Since complete Census of Population data are gathered only once a decade, they must be supplemented by Bureau of the Census commerce, public utilities, and others.

American Demographics (www.demographics.com) is a magazine dealing mostly with U.S. trends. The annual Survey of Buying Power (www.cluster2.claritas.com/MySBP/Default.jsp) has current U.S. data by metropolitan area and state, including retail sales, income, and five-year estimates. Other U.S. sources are Editor & Publisher Market Guide (www.editorandpublisher.com), Rand McNally Commercial Atlas & Marketing Guide (www.randmcnally.com), Standard Rate & Data Service (www.srds.com), local newspapers, and regional planning boards.

The United Nations (www.un.org/english), Euromonitor (www.euromonitor.com), and the Organization for Economic Cooperation and Development (www.oecd.org) are three excellent sources for international demographics. The U.N. publishes a Statistical Yearbook and numerous other population studies. Euromonitor publishes International Marketing Data and Statistics. OECD issues demographic and economic reports on an ongoing basis. In highly industrialized nations, demographic data are pretty accurate since actual data are regularly collected. In less-developed and developing nations, demographic data are often based on estimates rather than actual data because such data are apt to be collected on an irregular basis.

Berman, B. & Evans, J. 2005. "Marketing, 9e." p. 204. Cincinnati, OH: Atomic Dog Publishing.


CONFERENCES

Federation of Business Disciplines Annual Conference

The Federation of Business Disciplines is holding its Annual Conference at the Hyatt Regency in Dallas, Texas on March 1-5, 2005. FBD developed into one of the largest, most prestigious annual meetings for those disciplines common to business administration and has both national and international constituencies of more than 1,300 college professors from schools of businesses attending its annual meetings.
For more information, visit: http://www.fbds.org/

IPSI-2005 FRANKFURT
IPSI is holding a conference in Frankfurt at Scholsshotel Kronberg on March 11-13, 2005. There will be special features on: Tutorials on DataMining and SemanticWeb for E-Business on the Internet.
For more information, visit: http://www.internetconferences.net/industrie/frankfurt2005.html

ABSEL 2005 National Conference
The Association for Business Simulation and Experiential Learning is holding its 2005 National Conference at Grosvenor Resort in Orlando, Florida. The conference dates are March 16-18, 2005. ABSEL's annual conference is a meeting place for professionals to exchange information and network with colleagues who are dedicated to teaching business through innovative and effective methods.
For more information, visit: http://www.absel.org/Conferences/conference.html

Marketing Management Association
The Marketing Management Association (MMA) is holding its Spring Conference on March 16-18, 2005 at the Palmer House Hilton in Chicago, Illinois. The Conference theme is "Exploring New Frontiers in Marketing."
For more information, visit: http://www.mmaglobal.org/sprconfcallforpapers05.htm

National Collegiate Inventors & Innovators Alliance
The Collegiate Inventors & Innovators Alliance (NCIIA) will be holding its 9th Annual Meeting titled "Dynamic Learning: Changing Models for Changing Times" in San Diego, California at the Doubletree Hotel. Conference dates are from March 17-19, 2005.
For more information, visit: http://www.nciia.net/news_events.html

CALL FOR PAPERS

WMSCI 2005
WMSCI is holding its 9th World Multi-Conference on Systemics and is seeking papers on Information Systems, Technologies and Applications, Communication and Network Systems, Technologies and Applications, etc. The conference will be held in Orlando, Florida at the Rosen Centre Hotel on July 10-13, 2005. WMSCI 2005 is an international forum for scientists and engineers, researchers and, consultants, theoreticians and practitioners in the fields of Systemics, Cybernetics and Informatics. It is a forum for focusing into specific disciplinary research, as well as for multi, inter and trans-disciplinary studies and projects.
Submission Deadline: January 26, 2005
For more information, visit: http://www.iiisci.org/sci2005/website/callforpapers.pdf

2005 Family Enterprise Research Conference
The 2005 Family Enterprise Research Conference (FERC) will be held on May 21-22, 2005 at the Hilton Portland & Executive Tower in Portland, Oregon. FERC is committed to developing a community of scholars interested in the conduct of research on family firms. It aims to enable scholars to design & develop research projects that are theoretically sound, empirically rigorous, and of practical significance to family firms.
Submission Deadline: January 31, 2005
For more information, visit: http://www.familybusinessonline.org/programs/ferc/

IPSI-2005 SPAIN
IPSI is holding a Symposium on Challenges in the Internet and Interdisciplinary Research at the Hotel De La Gavina in Girona, Spain on April 28-May 1, 2005. Topics for the symposium include: Education, Computer science and engineering, B2B, B2C, E-Business Management.
Submission Deadline: February 10, 2005
For more information, visit: http://www.internetconferences.net/spain2005/index.html

IPSI-2005 BELGRADE
IPSI is holding a Symposium on Challenges in the Internet and Interdisciplinary Research at the University of Belgrade, Serbia on June 2-5, 2005. Topics for the symposium include: Education, Computer science and engineering, B2B, B2C, E-Business Management.
Submission Deadline: April 15, 2005
For more information, visit: http://belgrade.internetconferences.net/

ANNOUNCEMENTS

Purdue Puts Out Call For Life Sciences Business Plan Competitors
Purdue University is seeking entrants for a business plan competition that will award $147,000 for startup companies that describe the best path to market for products and technologies in the life sciences, biotechnology and biomedicine.
The Competition will be held April 19-20, 2005 on the Purdue campus.
Submission deadline: January 28, 2005.

For more information, visit: http://www.purdue.edu/discoverypark/lifesciencescompetition

Global Student Entrepreneur Awards
Global Student Entrepreneur Awards (GSEA)
is seeking applications for the 2005 Global Student Entrepreneur Award. GSEA is now recruiting undergraduate entrepreneurs for the eighth annual awards. GSEA honors outstanding undergraduates who juggle a course load and run their own businesses at the same time.
Submission deadline: March 1, 2005
For more information, visit: http://www.gsea.org

The SBANC Newsletter is provided as a service to the members of our affiliates: Academy of Collegiate Marketing Educators (ACME), Association for Small Business& Entrepreneurship (ASBE), Decision Sciences Institute (DSI), Federation of Business Disciplines (FBD), International Council for Small Business Congress (ICSB), Institute
for Supply Management, The International Small Business Congress (ISBC), Marketing Management Association (MMA), Small Business Administration (SBA), Service Corps of Retired Executives, Small Business Institute (SBI), Society for Marketing Advances (SMA), United States Association for Small Business& Entrepreneurship (USASBE), U.S. Department of Veterans Affairs and Western Decision Sciences Institute (WDSI). If you are interested in membership or would like further information on one of our affiliates, please see our web site at http://www.sbaer.uca.edu


SBANC Staff

Main Office Phone: (501) 450-5300

Dr. Don B. Bradley III, Executive Director of SBANC & Professor of Marketing

Direct Phone: (501) 450-5345, E-mail: donb@uca.edu

Esther Mead, Co-Lead Development Director, E-mail: estherledelle@yahoo.com

Amanda Harris, Development Intern, E-mail: abharris84@yahoo.com

Jesse Holmes, Development Intern, E-mail wags4pets@yahoo.com

Michael Flanagin, Development Intern, E-mail: whiffleball@aol.com

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Small Business Advancement National Center - University of Central Arkansas
College of Business Administration - UCA Box 5018 201 Donaghey Avenue
Conway, AR 72035-0001
- Phone (501) 450-5300 - FAX (501) 450-5360