SBANC Newsletter
July
19,
2005
Issue
381-2005
QUOTE
"Good management consists in showing average people how to do
the work of superior people."
-- John
D. Rockefeller
FEATURE
PAPER
Profiling
College Students Based on Time-Use: Relationship With Personal,
Situational, and Academic Outcome Variables
This paper was presented by Sarath Nonis, Melodie Philhours, and
Gail Hudson of Arkansas State University at the 2005 Association
of Collegiate Marketing Educators (ACME) in Dallas, Texas.
These three were the recipients of the 2005 McGraw-Hill/Irwin Distinguished
Paper Award.
ABSTRACT
Students today lead very busy lives and spend too little time studying,
less than is recommended or learning. Surprisingly, when the
research is reviewed as to the impact of decreased study time
on academic performance, the results are mixed. This study examines
a wider variety of activities to which students devote their time
and clusters students into two distinct profiles. Personal, situational
variables and academic performance are different for each group.
Results provide some explanation as to why previous study results
have been mixed. Implications are also discussed.
Read the Entire Paper...
TIP
OF THE WEEK
Board
of Advisors
Although not
necessarily a legal requirement, the establishment of a board
of advisors for a new organization is an outstanding
resource for navigating the new business during its formation and
early life. A board of advisors is substantially different from
a board of directors. A business that chooses to form a corporation
must have a board of directors. These are individuals who have
a fiduciary responsibility to the shareholders of the organization.
In small corporations, the shareholders and board of directors
are often the same individuals. In contrast, a board of advisors
may be formed at the discretion of the founders (regardless of
the legal form chosen) and are individuals outside the small business
who advise the firm.
This type of board should be composed of business people who have
both insight and experience with which to advise the small business
founders. While the size of the board is a matter of choice, as
a practical matter it is better to have a few, well-placed individuals
who are motivated to help the firm through the start-up process
rather than a large number as a means of false showmanship. Most
new businesses have a set of basic needs, thus individuals should
be selected who have experience navigating the following:
- Licensing
requirements for your type of industry in your locality (if such
licensing is relatively complex/difficult)
- Regulations
for your specific industry
- New start-up
experience and success
- Financial/accounting
background with new start-ups
- Human resources
experience, especially establishing criteria
This
board can formally meet on whatever schedule seems appropriate
(three times a year is a good standard); however, the value of
the individuals is the ability to contact them to resolve problems
as issues arise without the formality of a meeting. In keeping
with the efficient operation of a new business, traditionally
the board size should be maintained at fewer than five individuals.
Compensation is usually not much of an issue for these individuals.
Some will be in a professional capacity working with the firm,
while most get involved with start-ups because of their interest
in seeing a business flourish. As the firm develops, formality
and compensation can be considered.
Bamford, Charles
E., and Garry D. Bruton. Small Business Management: A Framework
for Success. Mason, Ohio: Thomson South-Western, 2005. 142.
CONFERENCES
HSMAI World Quest
The Meetings Group, Beyond Borders, and HSMAI World Quest will
host the 2005 HSMAI World Quest Conference on Planning International
Meetings in Washington DC on July 22, 2005, New York City on July
25, 2005, and Chicago, Illinois on July 29, 2005. The meeting is
a one day educational program for planning meetings outside the continental
US; topics to be discussed include: International Protocol, Freight Forwarding/Customs,
Devalued US Currency/Financial Transactions, and the latest trends
in planning international meetings.
For more information, visit: http://www.hsmaiworldquest.com
IPSI-2005
ITALY
IPSI
(Internet, Processing, Systems, and Interdisciplinary (Research))
will hold a conference focusing on "E-education and E-business with
Special Emphasis on Semantic Web and Web Datamining" in Loreto Aprutino,
Italy on July 27-August 1, 2005. Other topics to be covered at this
conference include: Internet; Computer Science and Engineering; Mobile
Communications/Computing for Science and Business; Management and
Business Administration;
Education; e-Economy; e-Law and Internet Psychology.
For more information, visit: http://internetconferences.net/
Illinois Center for International Business Education and
Research
The Illinois Center for International Business Education and Research
will hold "Internationalizing Doctoral Education
in Business: A Ph.D. Conference" at the Levis Faculty Center at The
University of Illinois at Urbana-Champaign, Urbana, Illinois on July
28-30, 2005. This conference is designed for doctoral students in
business or other fields who would like to incorporate an international
dimension into their teaching and research.
For more information, visit: http://www.ciber.uiuc.edu/ideb
AACSB
International
AACSB
(The Association to Advance Collegiate Schools of Business) International
will host the AACSB Maintenance of Accreditation Seminar in Tampa,
Florida on July 28-29, 2005. In this seminar, you will develop a
deeper understanding of (1) the philosophy behind Maintenance of
Accreditation and the resulting process and (2) the elements of
a successful Maintenance of Accreditation review
For more information, visit: http://www.aacsb.edu/conferences/events/seminars.asp
Entrepreneurial Leadership and Business Advantage (ELBA)
Entrepreneurial Leadership and Business Advantage (ELBA) will host
its
World Entrepreneurship Conference at California State University,
Chico on August 4-10, 2005. This is truly an international entrepreneurship
conference. The ELBA conference will include presentations by
U.S. policymakers, venture capitalists, and successful entrepreneurs.
For more information, visit: http://www.elba-conference.org
CALL
FOR PAPERS
Small Business Institute (SBI)
The
Small Business Institute (SBI) will hold the 2005 Small Business Institute
Annual Eastern Conference at The Omni William Penn Hotel in Pittsburgh,
Pennsylvania on September 16-17, 2005. This conference is open to all
those with an interest in small business and entrepreneurship, and
it is not limited to members of the SBI Eastern region.
Submission Deadline: August 1, 2005
For more information, visit: http://www.duq.edu/sbdc
IPSI-2005 NEW YORK
IPSI
will hold its BigD Conference at the Hotel Beacon in New York on
January 5-8, 2006. One of the main topics of this conference is "E-education
and E-business with Special Emphasis on Semantic Web and Web Datamining."
Submission Deadline: August 1, 2005
For more information, visit: http://internetconferences.net/newyork2006/index.html
Southeast
Academy of International Business
The Southeast Academy of International Business will hold its 2005
Annual Conference at the Francis Marion Hotel in Charleston, South
Carolina on November 9-11, 2005. In addition to formal presentations
of completed papers, this year's conference will also feature an
alternate interactive presentation session providing a rich forum
for the exploration of ideas.
Submission Deadline: August 1, 2005
For more information, visit: http://aib.msu.edu/community/chapters/AIB_USA_Southeast-Call_for_Papers_2005.pdf
College Teaching Methods & Styles (CTMS)
The
College Teaching Methods & Styles will host The International
College Teaching Methods & Styles Conference at the Silver Legacy
Hotel Casino in Reno, Nevada on September 19-21, 2005
Submission Deadline: August 7, 2005
For more information, visit: http://www.ctmsconference.com/call_for_papers.htm
USASBE/SBI
The
United States Association for Small Business and Entrepreneurship
and the Small Business Institute will host their 2006 Joint Conference
at the JW Marriott Starr Pass Resort & Spa in Tucson, Arizona on
January 12-15, 2006. The theme for this conference will be “The
Changing Entrepreneurial Landscape.”
Submission Deadline: August 15, 2005
For more information, visit: http://www.usasbesbi2006.org
ANNOUNCEMENTS
Members
of The Small Business Institute are encouraged to participate in this
year's Case of the Year Competition. The entry deadline for this competition
is the second Monday in September, all entries must be received on or
before this date. For more information and a complete list of requirements,
go to http://www.smallbusinessinstitute.net/coy.htm.
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 (ICSBC), 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, Graduate Research, E-mail: esthermead@gmail.com
Ashley
Ford, Development Intern, E-mail: ASHatsbanc@hotmail.com
Brad Lawrey, Development Intern, E-mail: bradlawrey@hotmail.com
Olivia Johnson, Development Intern, E-mail: reneeatuca_2003@hotmail.com
To subscribe or unsubscribe to the SBANC
Newsletter, please E-mail SBANC at sbanc@uca.edu
