SBANC
Newsletter
May
23, 2006
Issue 422-2006
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QUOTE
"When I started out in business, I spent a great deal of time researching every detail that might be pertinent to the deal I was interested in making. I still do the same today. People often comment on how quickly I operate, but the reason I can move quickly is that I’ve done the background work first, which no one usually sees. I prepare myself thoroughly, and then when it is time to move ahead, I am ready to sprint."
-- Donald
Trump
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FEATURE
PAPER
Preparing
Students for Entrepreneurship Opportunities
The
following paper was presented at the 2005 ASBE Conference
held in Albuquerque, New Mexico. It was written by Lawrence
S. Corman, Simon G. Walls, and Roy A. Cook, all of which
are from Fort Lewis College.
Abstract
Through
a collaborative experiential project, students become actively
involved in the learning process creating a learning
environment charged with excitement and the desire
to excel. Interaction with successful entrepreneurs, bankers, and business consultants
through each stage of the project provides a realistic overview of the complexity
of
entrepreneurial ventures.
Introduction
How we teach evolves with each generation of students. Today’s generation has been
conditioned to interactivity through media that brings sights, sound, and touch through a
variety of fast changing venues from PDAs and video games to Internet access and Ipod
downloading This technological world has conditioned Generation Y and Generation Net
students to be visually-oriented, receiving information in short bursts. Persuading students
to study and learn new material through the traditional “read the textbook” and “listen to
lectures” becomes harder every year. "Helping students learn as effectively and efficiently
as possible remains a challenging, and sometimes puzzling, task for teachers." (Smith and
Van Doren, 2004, p. 56). Whether in the classroom or through electronic media, the focus
of "education is rapidly evolving from one of presenting instruction to that of facilitating
learning." (Elam and Spotts, 2004, p. 50).
In response
to this challenge, many instructors have integrated PowerPoint presentations,
short videos, and classroom discussion activities into their pedagogical mix.
Others have taken it a step further by introducing some form of reality-based
learning into their classes.
This paper discusses an approach developed for delivering an entry-level entrepreneurship
course that has met with resounding success. Responses from students who have
completed the course demonstrate that they have mastered and can apply the
concepts presented in the
class. Many business schools offer entrepreneurship courses; we believe that
our approach
is unique at this entry-level course.
Read
the Entire Paper...
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CONFERENCES
IBFR
|
| Who: |
Institute
for Business and Finance Research
|
| What: |
The
2006 Global Conference on Business and Finance
|
| Where: |
Hotel
Herradura: Golf Resort and Conference Center in San Jose,
Costa Rica |
| When: |
May
31-June 3, 2006
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|
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SGPB
|
| Who: |
Southern
Growth Policies Board
|
| What: |
Southern
Innovation Summit
|
| Where: |
New
Orleans, Louisiana, USA |
| When: |
June
4-6, 2006 |
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|
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CG
|
| Who: |
Common
Ground
|
| What: |
Symposium
on Technology, Knowledge and Society
|
| Where: |
McGill
University, Montreal, Canada |
| When: |
June
9-10, 2006 |
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|
|
SMU
|
| Who: |
Singapore
Management University
|
| What: |
2006
EDGE Conference--Bridging the Gap: Entrepreneurship
in Theory and Practice
|
| Where: |
Singapore
Management University, City Campus |
| When: |
July
3-5, 2006 |
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|
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BAMDE
|
| Who: |
Bulgarian
Association for Management Development and Entrepreneurship
|
| What: |
Entrepreneurship
in United Europe – Challenges and Opportunities
International Conference
|
| Where: |
Sunny
Beach, Black Sea, Bulgaria |
| When: |
September
13-17, 2006 |
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|
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CALLS FOR PAPERS
IEF
|
| Who: |
International
Entrepreneurship Forum
|
| What: |
6th
International Conference
|
| Where: |
Riga,
Latvia |
| When: |
August
31-September 2, 2006 |
Submission
Deadline:
May 30, 2006
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|
|
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AIMS
|
| Who: |
Association
of Indian Management Scholars International
|
| What: |
Seventh
International Conference on
Operations and Quantitative Management
|
| Where: |
Hotel
Mansingh,
Jaipur, India |
| When: |
August
3-5, 2006 |
Submission
Deadline:
May 31, 2006
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|
|
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IABE
|
| Who: |
International
Academy of Business and Economics
|
| What: |
IABE-2006
Annual Conference
|
| Where: |
Las
Vegas, Nevada, USA |
| When: |
October
15-18, 2006 |
Submission
Deadline:
May 31, 2006
|
|
|
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ISBE
|
| Who: |
Institute
for Small Business & Entrepreneursip |
| What: |
29th
Annual Conference
|
| Where: |
University
of Glamorgan in Wales, UK |
| When: |
October
31-November 2, 2006 |
Submission
Deadline:
May 31, 2006
|
|
|
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USASBE
|
| Who: |
United
States Association for Small Business and Entrepreneurship |
| What: |
2007
USASBE Conference
|
| Where: |
Disney's
Coronado Springs Resort in Orlando, Florida |
| When: |
January
11-14, 2007 |
Submission
Deadline:
August 15, 2006
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TIP
OF THE WEEK
Time Management
The last item is one that is meant to help the small business owner as they seek to manage this wide variety of operations. It is clear from the discussion provided here that the small business owner needs to manage his or her own time efficiently in order to be successful. Several steps are helpful in this process:
1. Write down what has to be accomplished in all of the various activities
2. Prioritize which are critical and which would be helpful.
3. Segment items in the time frame they need to be accomplished-short term and long term. The short-term, critical items have to take priority. The fires that are burning have to be put out before the longer-term issues are approached.
4. Allocate time that is strictly for dealing with operational issues. The more involved in establishing the business and its operations a person becomes, the more that others wish to visit with the new business owner about the business. While some of these individuals are helpful, many simply with to sell the business something it does not need or simply find out what the business is doing. As the owner's agenda becomes more committed, it is important not to let his or her attention be diverted to non-productive activities. This does not mean the owner should not be flexible when opportunities arise but it does mean a clear vision of work goals is important.
5. Write
tasks down and mark them off when accomplished. As the agenda
becomes more complex, satisfaction is gained seeing things being
removed from the agenda. This method also ensures that key items
will not be forgotten. (There should be a strong tie-back to
the critical path chart.) It is best to write things down in
a systematic, organized manner. Keep a notebook or use a PDA
(personal digital assistant) and use it every day to see what
must be done and to take notes. This notebook can also be a valuble
resource for writing meeting notes or issues noticed by the owner
brought up by others. These items and other information can then
lead to new issues to be handled today, this week, or this month.
| Charles
E. Bramford and Garry D. Bruton. Small Business Management:
A Framework for Success. United States:
Thomson South-Western, 2006. 163. |
ANNOUNCEMENTS
2006 Small Business
Person of the Year
The Small
Business Advocate has named Eric A. Hoover of Conneaut
Lake, Pennsylvania their Small Business Person of the Year.
He was recognized in April at SBA Small Business Week 2006.
Mr. Hoover overcame childhood illness and built a successful
machine tool company in his home town.
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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), Federation of
Business Disciplines (FBD), International Council for Small Business
(ICSB), Institute for Supply Management (ISM), The International
Small Business Congress (ISBC), Marketing Management Association
(MMA), Small Business Administration (SBA), Service Corps of Retired
Executives (SCORE), Small Business Institute (SBI), Society for
Marketing Advances (SMA), United States Association for Small Business & Entrepreneurship
(USASBE), U.S. Department of Veterans Affairs (VA).. 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
Brandon
Tabor, Development Intern
Tyler
Farrar, Development Intern
Garion
McCoy, Development Intern
To subscribe or unsubscribe to the
SBANC Newsletter, please E-mail SBANC at sbanc@uca.edu
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