Spring 2017: A Generation of Change

A Cultural Shift: Paychecks to Purpose

By Manny Fernandez
Managing Partner
KPMG, LLP

Environment and experiences shape who we are and how we look at things including life and work. Each generation has its defining characteristics, and environmental factors have a lot to do with how people behave. Those generations who experienced World War I and World War II were trained to be dutiful and practical. They are apt to be conservative. In the 1960s, the Vietnam War and the draft emboldened rebellion to a certain degree. Today, businesses are inundated with references and insinuations about millennials, sometimes negative, and their role in today’s workforce. I have witnessed firsthand many millennials as hard working, committed and wanting to advance their careers. At the end of the day, humans will be humans, and employees will be employees.

Ultimately, I believe all generations innately desire to be treated fairly and have opportunities to grow. That’s the way I wanted to be treated when I started working, and that’s why I have stayed at KPMG as long as I have. I believe that today, just as it was when I was started my career, that’s how everyone entering the workforce wants to be treated. Perhaps one generational difference is millennials are demanding it. They are open to discussing it and asking for coaches and sponsors to help them navigate their career.

As an employer, you have to create an environment where people feel valued. Today, organizations have evolved to be more cognizant of employee needs. In fact, there’s been an organizational shift to understand those needs. Corporations’ leadership and human resources departments have gotten smarter about how to attract, retain, develop and promote good employees. It is our duty to help employees make the most of the job they have, and if we don’t, there will be turnover.

From a retention standpoint, to get our people to want to come to work everyday, employers need to do four key things:

1. Make employees proud of the organization.
2. Develop their potential.
3. Treat them fairly both financially and as individuals.
4. Provide fulfilling job opportunities.

My generation and prior generations thought about being loyal and collecting that paycheck. Employees today think about more than just their paycheck. They want to work and live with PURPOSE. We’re permitting our millennial employees to navigate their own careers as a two-way street. They’re driving the car instead of having someone drive for them. And that’s a great thing.

This cultural shift even applies to me. I’m 54 years old, and the way I approach my life and job in the last 10 years is very different than I have approached it previously. I think more about my own purpose at work and in my personal life. I’m learning from the cultural shifts KPMG has made, and I’m applying it to my life. At KPMG, we’ve built a culture where you think about your career goals holistically. In the past, you did a good job, and you got another assignment and then you got promoted. The older generation, including myself, has adjusted and learned to be more conscious and outspoken about their jobs and how it fits into their lives, instead of waiting to have stilted conversations at an annual review. Now, we’re talking about goals and objectives more, and it’s better for the workforce.

Ten years ago, our turnover at KPMG hovered around 25 percent. Today, it’s half that, largely because we’ve made efforts to be an employer of choice. Our employees aren’t leaving as often—millennials included—because we have been able to provide them an opportunity to live and work with purpose, in addition to a paycheck. This is an organizational culture shift, not a generational one.

Baylor Business Review, Spring 2017

An Industrious, Dapper Duo

By Becca Broaddus

When Jackson Wren was a junior at Baylor, he started a business. It was part of Accelerated Ventures, a two-semester course that enables students to create real companies, raise real funds, launch products and services, and generate sales. Jackson and two of his classmates, Claire Major and Hob Howell, were granted the exclusive license of a newly designed, official Baylor plaid. With a $5,000 investment from Baylor Angel Network, Dapper Bear Clothiers was founded.

The apparel company started out offering a tie, a silk scarf and a bow tie. They started selling two weeks before Christmas in 2013 and were profitable by mid-January 2014. By the end of the year, Jackson bought out his classmates’ shares, and pulled his mirror image twin brother Eric into the business.

“Whenever I started this, I had no idea what I was doing,” Jackson said. “As a triple major (Entrepreneurship, Real Estate and Management), I was spread across all these departments, and I would tell my professors what I was doing. They would open their doors and help me with all the different aspects. Without that support, this thing wouldn’t have worked. It’s a Baylor family collaboration.”

While it’s been successful, thus far, Jackson and Eric have considered Dapper Bear more of a “weekend hobby” turned full-time job. The business took a backseat as they both pursued other interests and degrees.

After graduating from Baylor, Jackson went to get his MBA in Entrepreneurship at the Acton School of Business, so Eric took over the business. Then Eric decided to pursue a master’s degree in Counseling, so Jackson took over the business. Then Jackson went to work full-time in investment banking, so Eric took over the business again. Now, hunkered down in their parents’ garage-turned-office stacked to the ceiling with boxes of merchandise, Jackson and Eric are focused solely on Dapper Bear for the first time.

“It’s all been exciting, but to me, this is the most exciting point we’ve reached so far,” Jackson said. “There’s a lot of untapped potential, but now, this has all of our attention and all of our time. All the time and effort that people poured into us—it’s exciting to see what that can grow into.”

This isn’t the twins’ first business together. When they were 7, they started a business called Wren and Wren, selling gel pens to their peers at school. Then, at 12 years old, their dad decreed, ‘If you ever want a car, you’ve got to pay for it yourself.’ So they started a car detailing company, Cool Cat Car Care, complete with a logo of a clip art cat perched on a car. The brothers went door to door and built up the business, even putting flyers in mailboxes (which later, to their mortification, they found out was illegal). The Wrens’ were successful in both ventures.

“That was my first taste of starting my own business, and I thought, ‘I’m going to do this for the rest of my life,’” Jackson said. “And I still think I will.”

Each with a journal full of business ideas at the ready, they’re considering their next endeavor. They’re contemplating expanding Dapper Bear, enrolling in law school, building out a new business idea, or better yet, maybe all three.

“Everyone used to think you stay in one job for your career, and you stay there until you die,” Jackson said. “We are capable of doing so much. I think it’d be a shame to pigeon hole ourselves there. I want to do a lot of different things, and I will do a lot of different things.”

Baylor Business Review, Spring 2017

By Eleanor Hunt

Compared to preceding generations, millennials, ages 19 to 35, have changed the way they access goods and services. Generally, they participate in the sharing economy, a term coined to illustrate the sharing of goods and services for compensation via mobile and online platforms.

“Unlike baby boomers who want to own physical items, millennials don’t want to own things. They just want access,” says Hope Koch, associate professor in Baylor University’s Information Systems Department.

Factors that contributed to the conception and expansion of this economic model include electronic marketplaces, smartphones and job scarcity after the 2008 economic recession. Millennials wanted things without forking over a huge amount of capital. Instead, technology platforms were created for them to use their Internet-enabled devices to trade information, rank services and rent items temporarily. Owners of the platforms or marketplaces took a portion of the proceeds.

Some millennials became consumers; others became service providers. “Millennials are more familiar with contingent work as a form of employment than older generations,” says Ping Wang, a digital innovations researcher and associate professor at the University of Maryland, College Park.

It’s unclear who pioneered the sharing economy, but two companies who were early in the fray and still thrive include Uber transportation company and Airbnb home-rental portal. Many others are bringing novel ideas to market.

“The sharing economy could have positive impacts in terms of helping the economy and people better utilize our assets, talents and natural resources,” Koch says. “If you think about talented people who don’t want to work full-time, the sharing economy has the opportunity for them to plug in and out as they wish.”

Besides resource optimization and work flexibility, Wang cites another advantage. “Sharing platforms can generate valuable data for us to understand and manage work, life and communities smarter,” he says.

On the downside, workers in the sharing economy forfeit traditional employment perks like sick pay, insurance and retirement savings that can be financial lifelines during an illness or a mishap.

“When we work for companies, we have a social safety net,” Koch says. “With the sharing economy, people are plugging in and out of these platforms. The social safety net is quite a concern—particularly for millennials.”

Wang also notes, “A near-term trend is the increasing population of the unemployed or marginally employed who are pushing wage levels to the minimum,” he says. “It seems that both scholars and practitioners have started paying attention to the exploitation we’ve seen in many sharing economy companies/platforms.”

Despite these concerns, the sharing economy is probably here to stay as traditional corporations buy and partner with sharing businesses or create concepts enabled by technology or marketplaces.

“Although we’ll see more services, more regulations and more struggles in the news, the sharing economy will grow. One market study [PriceWaterhouseCoopers 2013] estimates that revenue generated from the sharing economy will grow from $15 billion in 2013 to $335 billion in 2025. Typical companies that produce things will have to readjust what they’re doing to compete,” Koch concludes.

Baylor Business Review, Spring 2017

Golden Years: A Homecoming 75 Years in the Making

By Becca Broaddus

In 1941, the attack on Pearl Harbor spurred the entry of the United States into World War II. Former Texas Governor Pat Neff was at the helm of Baylor University while the Student Union Building was being constructed, and business students attended classes in the Carroll Library building. It’s also the year business student Morris A. Porter received his diploma from Baylor University. Porter’s graduation day, May 31, 1941, was the last time he stepped foot on Baylor’s campus until Oct. 14, 2016—a little more than 75 years later. It happened to be his 97th birthday too.

“It’s changed a lot since I was here,” Porter jokes, as he arrives on Baylor’s campus on the warm, Friday afternoon.

He’s sharply dressed with freshly polished shoes and a pressed suit. The look is completed with a crisp, white pocket square. His blue eyes shine with excitement, as we get ready to board a golf cart for a student-led campus tour.

“It’s so nice to be back on campus,” he said. “It’s the first time in 75 years, so it’s completely different, naturally.”

While he was at Baylor, he represented the University playing tennis and the trombone.

“I really was the busiest when I was at Baylor,” he said. “I played tennis. I was in the band. My parents were not financially able to send me to college, so I had to work for the university to pay my way,” the middle child of five siblings said.

His first year at Baylor, he earned his tuition in the independently owned carpentry shop. His first summer, he recounts, he helped build and sand all the new tables for the Baylor Law School. He worked as an assistant auditor and comptroller in the administrative building, what we now know as Pat Neff Hall, his last three years.

As we tour campus, he requests to see those places where he spent so much time in college: Pat Neff Hall, where business students take classes (the new Paul L. Foster Campus for Business and Innovation) and Brooks College. Although the original Brooks Hall was rebuilt in 2006, Porter wanted to see the new version of the dorm in which he spent three years. (He was shocked to learn it was no longer male-only.)

Little did he know, we had a surprise waiting for him in the new Foster Campus. Our arrival to the home of the School elicited a “holy mackerel!” but he hadn’t even seen the birthday party inside yet. Baylor students, faculty and staff, along with Dean Maness, greeted him with a rousing birthday song and cake. The Baylor Business students even taught him how to do a sic ‘em.

An Accounting graduate born in Texarkana, Texas, Porter got a job at Magnolia Petroleum Company in Dallas and reported to work two weeks after graduating. It was the start of a circuitous and successful career. He left the executive track at Magnolia to enlist in the service during World War II. He was a part of the 174th amphibious battalion, preparing to join the war in Japan.

He never used his Accounting degree to become a certified public accountant. After his time in the U.S. Army, he went back to Texas, where he began a varied and extensive career in the oil and gas industry.

He started Slocum Gas Company and later, Gibtown Gas Company, both of which were gas gathering and processing facilities. After 15 years of profitability, they were sold, and Porter used the proceeds of the sales to start American Public Energy Company (AMPECO), an oil development and production company, and found Hydroex, Inc. In 1980, the company went public. After five years at the helm, Porter decided he had “reached an age that called for slowing down,” so he retired as chairman of the board at AMPECO and began working from home. After operating his production as Hydroex, Inc., for five years, he sold out completely and went into full retirement at Edgemere Retirement Community in Dallas. (At some point, he also took the New Mexico realtor’s exam and sold real estate in Ruidoso, New Mexico, for a short time.)

“I didn’t stop my education after I went to Baylor,” he said. “Actually, I just really learned how to learn at Baylor. This was just the beginning of my education. You can’t stop. You have to continue to gain experience and learn.”

Baylor Business Review, Spring 2017

1940s

Howard E. Butt, Jr., BBA ’47, the brother of H-E-B Chairman and chief executive officer Charles Butt and the oldest son of the grocery chain’s namesake founder Howard E. Butt, Sr., died in September. He was 89. Howard Butt, Jr., is best known to the public as the evangelistic member of the Butt family and as the folksy, comforting voice of one-minute radio spots titled, “The High Calling of Our Daily Work.” He operated the H.E. Butt Foundation, established in 1933 as one of the state’s earliest and largest philanthropic foundations. He also ran Laity Lodge, an ecumenical Christian retreat center in the Hill Country.

1970s

Randall C. Hinson, BBA ’74, has been appointed as director of sales and marketing by PowerVerde Inc. In 1981, Hinson founded Bear Pump & Equipment Ltd., which was acquired in 2008 by National Oilwell Varco.

Jim Oliver, BBA ’76, was recently named 2016-2017 chairman-elect of the Texas Society of Certified Public Accountants (TSCPA). He was selected by TSCPA’s Committee on Nominations and affirmed by an all-member vote. Oliver is chief executive officer and founder of Financial Life Advisors, and president and founder of Jim Oliver and Associates, P.C., both in San Antonio. His areas of expertise include tax planning, compliance, wealth management and strategic business advisory services. Oliver has been a member of TSCPA for 38 years and has served in various leadership roles for the San Antonio Chapter, including president in 1992-1993.

Paul Shultz, BBA ’76, MBA ’77, has been elected as president of the board of directors of the WaterTower Theatre, one of the leading regional theatres in North Dallas and Texas. Shultz is general manager of Slalom Consulting’s South Region businesses. He serves on the Hankamer School of Business Advisory Board as well.

1980s

Doug Myers, BBA ’80, was recently promoted to the position of senior vice president & Chicago market leader for the private client group of Associated Bank. This position oversees the private banking, trust, investment management and retail brokerage divisions for the bank.

Dirk Vander Zee, BBA ’80, MBA ’81, was appointed vice president of sales and marketing at Mooney International, an aircraft manufacturing company in Kerrville, Texas.

Gordon Bryant, BBA ’83, was selected to serve as the United States Magistrate Judge at the Lubbock division. Bryant previously served as the senior litigation counsel with the U.S. Attorney’s Office and as an instructor and faculty member at the Department of Justice’s National Advocacy Center.

Mark Perkins, BBA ’83, MBA ’84, has been named chief executive officer of Kimbia, a provider of online fundraising solutions and crowdfunding events.

Mark Adickes, BBA ’84, has joined Baylor College of Medicine as chief of the division of sports medicine and associate professor of orthopedic surgery. A member of Baylor’s Hall of Fame, Adickes was an All-American during his playing career with the Bears, and then went on to a seven-year career in the NFL. After retirement, he completed his medical training at Harvard Medical School.

John Driskill, MBA ’84, was named treasurer of the not-for-profit National Organization of Social Security Claimants’ Representatives (NOSSCR) for 2015-2016, the largest trade organization of attorneys and representatives practicing Social Security disability law.

Shawn Nicholas, BBA ’86, won the 2016 National CFO Photo Contest, which highlighted the hobbies of chief financial officers outside of their work. Nicholas’s winning hobby was spending time with his grandchildren. He is chief financial officer at the Trabon Group, a technology and services company for the restaurant industry.

Scott Salmans, BBA ’87, is among three appointees by Texas Gov. Greg Abbott to the Judicial Compensation Commission. Salmans is owner and chief executive officer of WRS Group Ltd. He is a member and forum officer of the Young Presidents Organization and a member of the Waco Industrial Foundation Board, Baylor University Hankamer School of Business Advisory Board and the Waco Business League. Additionally, he is former president of the Baylor Waco Foundation, and a member and former board member of the Greater Waco Chamber of Commerce. He is chair of the Care Net Guesthouse Capital Campaign Committee, board member of the Care Net of Central Texas and a board member of Texas First State Bank.

Christopher Caddell, BBA ’88, was promoted to the chairman of the board of Heritage Bank in Burlington, Kentucky. Caddell has worked for Heritage Bank for 20 years and has served as vice chair for the past two years. He succeeded his father, who founded the bank and held the position for 25 years.

Stephen C. Raffaele, BA Business Administration ’88, was appointed to the position of senior executive vice president and chief operating officer for Sterling Bancshares, Inc. Raffaele will be responsible for all the non-lending operations areas of the bank and will serve as the fourth member of the bank’s executive management team. During his more than 25-year career, Raffaele has amassed a broad range of experience in banking, wealth management, financial management, acquisitions, operations, investments and capital markets while serving as chief financial officer, chief strategy officer and/or chief operations officer for several large financial services organizations in the Houston and Dallas markets. He is also a chartered financial analyst (CFA).

Andrew C. Schaffer, BBA ’88, has been a college professor for more than 20 years. He has just published a book, “Financial Planning for College Graduates.” The book is specifically written to guide prospective and recent graduates in basic financial principles, including debt management, employee benefits, insurance, investments, retirement savings, taxes and other topics.

Don Willett, BBA ’88, a justice on the Supreme Court of Texas since 2005, completed the Master of Judicial Studies program at Duke University School of Law, earning a LLM in Judicial Studies alongside 17 distinguished jurists from around the world. You can keep track of Willett––the official Tweeter Laureate of Texas––@JusticeWillett.

1990s

Brett Graham, BBA ’90, has been appointed by Texas Gov. Greg Abbott to the Board of Motor Vehicles, which is responsible for overseeing the development of the Texas Department of Motor Vehicles. Graham is owner and chief executive officer of Graham International. He is a board member of the Texas Association of Business, and a member of the Texas Automobile Dealers Association and the Texas Tire Dealers Association. He is a trustee of the Pottsboro Independent School District School Board, board secretary of Grayson Central Appraisal District, board chair of Texoma Health Foundation and Denison Development Foundation, and a board member of Ameristate Bank.

Brent Boydston, BBA ’91, has been appointed vice president of sales for PGT Inc., the nation’s leading manufacturer and supplier of residential, impact-resistant windows and doors.

Ashley Ferguson, BBA ’91, chief executive officer of Marburger Farm Antique Show, was honored by the Mentoring Alliance of Tyler, Texas, for her support of youth and the agency’s programs.

Elizabeth Ingram Carlyle, BBA ’92, has been named vice president and associate general counsel for Vision Source, North America’s largest network of independent optometrists. Carlyle has spent the last 13 years at Houston’s Second Baptist Church as general counsel and director of planned giving.

Greg Davis, BBA ’92, a photographer, displayed his “India’s Kumbh Mela” exhibit at the Art Center of Waco in August. The display features photos Davis captured three years ago during a National Geographic Creative assignment at the 55-day Hindu festival Kumbh Mela, which only occurs once every 12 years.

Holly Hafley-Morgan, BBA ’94, was named assistant vice president, Human Resources, for BNSF Railway—a Berkshire Hathaway company. In this role, Hafley-Morgan leads the team that is responsible for employment and staffing, employee relations support, succession planning, internal assessment and selection, and performance management program administration for approximately 43,000 employees in BNSF’s operations department.

Robert Lang, BBA ’95, was hired as managing director of global professional services firm Alvarez & Marsal. Lang is also a frequent guest lecturer in the graduate Accounting program at Baylor and serves on the advisory board for the Accounting & Business Law Department.

Doug Bacon, BBA ’97, has joined Kirkland & Ellis as a corporate partner. Bacon advises private equity firms, companies and corporations on complex multinational mergers and acquisitions, many of which involve carve-out acquisitions and sales. Previously, Bacon worked at the New York office of Freshfields Bruckhaus Deringer LLP, where he was a partner.

Edgar McKee, BBA ’97, owns a real estate development business with a focus on senior housing based in Mississippi. He has developed nine facilities with more than 1,000 units and manages seven additional facilities though the management company he started.

Scott Conine, BBA ’98, is currently chief operating officer of Rise Interactive, one of the nation’s fastest growing digital marketing agencies. The 230-person agency was founded in 2004, and Conine came on board in 2006 as its third employee, initially working from Rise’s chief executive officer and founder Jon Morris’ apartment. Over the past 10 years with Rise, he has helped the agency grow into a multimillion-dollar business, holding positions as the agency’s first director of client services, the head of corporate marketing and the head of technology, among others. In his current role, he heads all aspects of operations within the agency including accounting and finance, human resources and talent acquisition, legal and office administration.

2000s

Ben Gatzke, MBA ’00, has recently been appointed to the governing board of the Department of Information Resources (DIR) by Texas Gov. Greg Abbott. Gatzke is president and chief executive officer of Total Management, Inc. He is a member of the Jewel Charity and board member of the Baylor University School of Music Board.

Clint Harp, BBA ’00, and wife Kelly are starring in a new show on DIY Network titled “Against the Grain.” Harp, a woodworker, has been previously featured on HGTV’s “Fixer Upper,” and this show will follow him as he builds custom pieces from reclaimed wood.

Renita Miller, BBA ’00, has been announced as the next dean of Berkeley College at Yale University. Miller previously served as director of studies for Forbes College at Princeton University and as director of the Princeton Summer Undergraduate Research Experience.

Natalie Wilkins, BBA ’01, was named chief of staff at Cook Children’s Health Care System, where she will be responsible for internal and external communications on behalf of the executive office. She previously was administrative director of clinical programs for North Texas Specialty Physicians.

Isaac Kohlbacher, BBA ’02, has joined First Oklahoma Bank’s Jenks banking center as a vice president and lender. Kohlbacher, who has two years of banking experience, previously was a vice president with JPMorgan Chase.

Jahnavi Parekh, BBA ’02, MAcc ’02, was inducted into Baylor University’s 57th annual hall of fame class. Parekh played tennis for Baylor University and was a three-time, all-Big 12 performer. She is the first women’s tennis player to be inducted into the hall of fame.

William (Bill) Cornelius, BBA ’03, has been named director of investment banking firm Crutchfield Capital Corporation, headquartered in Houston. Cornelius has 12 years of investment banking, principal investing, commercial banking and business operations experience. He has successfully executed private company mergers and acquisitions, sourced and provided debt and equity capital, and managed troubled company restructurings and bankruptcies.

Cody Turner, BBA ’03, and his brother Shane, plan to renovate part of downtown Waco into Franklin Square. The renovations will convert the Franklin Avenue buildings between 7th and 8th Streets into loft apartments, on-site parking, retail and restaurant space. The brothers have been presented with the Texas Business Star award from the Texas Economic Development Corp., which recognizes companies that make a significant impact on their communities. Their Turner Real Estate company has invested heavily in downtown Waco, converting old and historic properties into lofts, offices and retail and entertainment space.

Ben Lamm, BBA ’04, is the co-founder and chief executive officer of Conversable, his newest venture, which is an enterprise conversation platform for creating intelligent, on-demand, automated response flows through one-to-one conversations in any messaging channel. As the founder and former chief executive officer behind Chaotic Moon Studios, a global creative technology powerhouse (acquired by Accenture), Lamm spearheaded the creation of some of the Fortune 500’s most groundbreaking digital products and experiences in the emerging tech world of IoT, VR, Connected Car, Mobile, Tablet, OTT and Wearables. Chaotic Moon Studios clients include: Disney, Marvel, Pizza Hut, Dell, Starbucks, CBS, Intel, Whole Foods, WWE, BET, Microsoft, Newscorp, Caesars Palace, GM, Univision, Fox and many more.

Dane Gates, BBA ’05, a realtor with Berkshire Hathaway HomeServices Anderson Properties, has been named one of the “Top 20 under 40” by the Houston Association of Realtors.

Brad Cunningham, BBA ’07, and his band, The Brad Cunningham Band, recently recorded their debut album, “Every Inch of Texas.” Cunningham wrote or co-wrote every song on the album.

Ester Gonzalez, MSIS ’08, Information Systems PhD ’12, is working with a financial institution to conduct a study investigating how wearable fitness trackers can improve employee health and engagement. Using data from the fitness trackers and interviews with participants, Gonzalez hopes to see how the technology improves health and community in the institution.

Sarah L. Duwe, BBA ’09, moved back to her hometown of Eden, Texas, the day after graduation to join the family business, Schumann’s Inc., an upscale ladies boutique. Her grandmother, Helen Schumann, started the home store in Eden in 1967. Her mother, Paula Duwe, opened the second location in Marble Falls, Texas, in 1999, and together, the women opened their third location in San Angelo, Texas, in 2016.

Earle Hager, MBA ’09, works in the area of global technology commercialization. He has completed projects for universities, SBIR grantees, startups and venture groups from his office in West Los Angeles. Hager has been consulting in this space since 2007, with stints at the University of Texas and the University of California at Irvine.

Joe Pawelek, BBA ’09, has been appointed vice president of corporate finance and investor relations by Lilis Energy Inc. Pawelek was a Baylor football letterwinner from 2005-2009 and played professionally for the Seattle Seahawks and Jacksonville Jaguars.

2010s

Meredith Lockhart, BBA ’11, owns the jewelry company Meltgoods, where she employs refugee women.

Gib Reynolds, BBA ’12, has established Urban Produce, a new hydroponic greenhouse operation in South Waco, Texas, that provides about 6,000 heads of lettuce a week for H-E-B supermarkets locally and around the state, as well as selling to restaurants and food wholesalers, including Sysco. Reynolds is a part-time lecturer in the Entrepreneurship Department.

Bayleigh Dayton, BBA ’14, became the first African-American woman to win the Miss Missouri USA title. Dayton will advance to the nationally-televised Miss USA Pageant this year.

Jake Cockerill, BBA ’15, and Kevin Renois, BBA ’16, have organized the weekly meetings of the Waco, Texas, 1 Million Cups, a national program that promotes entrepreneurship “based on the notion that entrepreneurs network and discover solutions over a million cups of coffee.” Cockerill is manager of entrepreneurship and innovation for the Greater Waco Chamber of Commerce, while Renois is director of City Venture Waco.

Hunter Gorman, BBA ’16, started his own business, E2 Creative, making handcrafted products like swings, tables, cutting boards and beds. He seeks to make items out of recycled materials.

Baylor Business Review, Spring 2017

Grad Students from Across Nation Vie in Robbins Case Competition for Healthcare Management

Graduate students from across the nation gathered at Baylor University to compete in the 2nd Annual Robbins Case Competition in Healthcare Management. The event was held Oct. 19-21 and hosted by the Robbins Institute for Health Policy and Leadership at Baylor’s Hankamer School of Business.

The team that took first place was from Baylor University. Winners of the competition receive monetary rewards as well as national recognition for their accomplishments. Second and third place went to teams from the University of Washington and Ohio State University, respectively.

Baylor Business Alumni and Faculty Work to Bring Affordable Loans to Waco Community

The Community Loan Center of the Heart of Texas (CLCHOT) is a nonprofit looking to help the city of Waco in a sustainable way. Ernest Fletcher, senior lecturer in the Finance, Insurance & Real Estate Department and a Baylor Business graduate, is serving on the CLCHOT board of directors. CLCHOT will provide a streamlined, low cost alternative for the city of Waco as compared to payday and title loans that carry higher interest rates and fees.

Baylor University Executive MBA Student Inducted Into the Texas Business Hall of Fame

Baylor University is proud to announce Executive MBA student Steve Burrington is a 2016 scholarship recipient of the Texas Business Hall of Fame Foundation. Burrington was awarded for the launch of Texas Hearing Clinics in San Marcos and Lakeway—clinics specializing in hearing and balance restoration.

Baylor Business Honors Texas Family Businesses

Now in its 27th year, the Institute for Family Business (IFB) at Baylor University’s Hankamer School of Business honored several Texas family businesses at the 2016 Texas Family Business of the Year Awards banquet Nov. 4. The awards recognize outstanding family businesses that have demonstrated a commitment to the needs of their industries and communities as well as their employees.

Foster Campus Lunchtime Composed of Noteworthy Serenades

Chamber music ensembles from the School of Music performed in the atrium of the Paul L. Foster Campus for Business and Innovation, providing music for students and faculty between 12:15 and 12:30 every Thursday during the fall semester.

Information Systems PhD Candidates Receive Awards

Two PhD candidates from the Information Systems department received high honors from Baylor for 2015-2016. Puzant Balozian received an Outstanding Dissertation Award, and Michael Milovich was awarded the Outstanding Graduate Student Instructor Award.

Business School Faculty Recognized

Baylor’s Hankamer School of Business bestows faculty awards on an annual basis. The winners for 2015 were announced at the Senior Appreciation Banquet in April. The following Baylor Business faculty members received awards: Mitch Neubert, John Knue, Liz Umble, Meredith David, Peter Klein and Emily Hunter.

Baylor Business Review, Spring 2017