Announcing the 2016 UA EMBA International Trip

• August 3rd, 2015
• in International Trip

The Culverhouse College of Commerce Executive MBA Class of 2016 will be going to Marrakech and Casablanca, Morocco and Madrid, Spain, February 27-March 5, 2016.

The 2016 trip is a requirement of the IBA 550 International Business course in the students final semester. It is also open to EMBA Alumni who would like to attend. “We began formally inviting alumni to join us on our study abroad trips in 2013 when we visited Turkey and it has been a successful program,” said Cheryl Altemara, assistant director, EMBA Programs. In addition to visiting companies, meeting with senior executives and government officials, and touring cultural sites, participants may also take part in an optional post trip to Barcelona, Spain.

The students not only visit companies but will tour Marrakech and Madrid and take a day trip to Kasbah Le Mirage situated just outside of Marrakech. They will experience Moroccan life, camel rides and a dinner in Berber tents. A special consulting project focusing on social enterprise in and around Marrakech is also being added to the program this year. Spain offers another business climate, culture and economic transformation for the students to study in depth.

Our travel agency this year will be the International Study Programs (ISP). Headquartered in Prague, ISP has been organizing global trips for EMBA Programs since 1999. Their vision is to create meaningful global academic experiences for business school students.

Morocco has a GDP of $179.2B (2015), 4.5% growth, unemployment at 9.2% and inflation at 1.9%. Benefiting from a stable political environment and increasing levels of foreign investment, Morocco benefits from its geographical proximity to key markets in Europe and its perception as a stable destination in a region where many countries have seen widespread political unrest. The country is expected to welcome over 11M visitors in 2015, up from 10.5M in 2014. Europe is a major source for arrivals but Morocco is increasingly targeting affluent visitors from the Middle East – and Emirates recently expanded its flight routes into the country from the UAE.

According to Spiegel Online, Spain is back from the brink and emerging as a model for Europe. During the crisis, Spain instituted strict reforms and successfully put its emphasis on exports, with one-third of Spanish goods and services shipped outside the country. Although Spain still has a long way to go, the European Central Bank is predicting that Spain will be one of the economic drivers of Europe in 2015. Powered by a cheap euro and low-interest, economic growth is predicted to rise by 2.3 percent this year, GDP at 1.4 trillion, while the Spanish government predicts increasing job growth.

The post trip is to Barcelona, the cosmopolitan capital of Spain’s Catalonia region, is defined by quirky art and architecture, imaginative food and vibrant street life. It has medieval roots, seen in the mazelike Gothic Quarter, but a modernist personality represented by architect Antoni Gaudí’s fantastical Sagrada Família church. The central Boqueria market, ranging from fine dining to tiny tapas bars, anchors Barcelona’s restaurant scene. In addition, we will also travel to Tarragona and the caves Montau de Sadurini.

To join the trip, please contact the EMBA office for more information. The trip package for alumni, from check-in February 27 to check out on March 5, includes a single room (5 star accommodations), breakfasts, company visits, lunches, city tours of Marrakech and Madrid, the February 28 Kasbah excursion, and opening and farewell dinners. Spouses may also attend.
If your class never got to go on an international trip, here’s your chance. If you have attended a previous trip, this time you get to enjoy without classwork or a final presentation!

We look forward to having you join us. For more information and cost, contact Donna Blackburn, 205.348.8748. For more information on the Culverhouse Executive MBA Program check out the website at www.emba.ua.edu.

The International Trip – An EMBA Highlight

• April 24th, 2015
• in International Trip

The 2015 Culverhouse College of Commerce Executive MBA study abroad tour took us from Panama City in the Republic of Panama and then to Bogota, Colombia, February 28-March 6. While waiting to depart with some of the EMBA Class of 2015 students, who were excited and looking forward to heading to Central America, it was hard not to reflect on the many trips we have taken over the years.

Turning 30 this year, one of the many highlights of the EMBA Program is our international trip, which is part of the International Business course in the final semester.  The international trips began in 2003, and since then we have visited 15 countries, 28 cities and 118 companies. Students’ description of the trip include: Awesome, A Trip of a Lifetime, Challenging, Valuable and A Learning Experience I Will Always Remember! Students meet with senior executives from companies and government officials, in addition to touring the local sites.

The EMBA Class of 2015’s Central America trip included business visits to Global Bank Corporation, Electric Transmission Company (ETESA), DHL Express Panama and the Panama Canal Authority in The Republic of Panama, and the Ministry of Defense, IBM, Alpina and the Coffee Federation in Bogota, Colombia. In addition, 38 students, faculty, staff, alumni and guests enjoyed city tours and a day on Contadora Island (part of the Pearl Islands) off the coast of Panama, and finally a closing dinner on Monserrate Hill in Bogota.

South America has been experiencing rapid growth.  Panama’s economy is service based, with GDP at $57.1B and 10.7% growth, and 16% of US-born trade passes through the Canal. Students were able to compare and contrast the economic and cultural differences between the two countries. Colombia, a member of the Pacific Alliance, is the third largest economy in Latin America, after Brazil and Mexico, with a 5% average annual GDP.

At Alpina, a manufacturer of consumer food products in Colombia, the EMBAs met with Diago Aparicio, Director of Talent Development. According to Aparicio, “Alpina was founded by two Swiss entrepreneurs in 1945 creating artisanal cheeses, and six decades later exports more than 500 consumer products to 20 countries.”  Colombia’s economic growth in the last five years has been steadily improving, even overtaking Peru as the region’s fastest-growing economy.

Speakers at IBM and the Ministry of Defense in Bogota spoke of Colombia as a success story with a lot of influence in the South America region. “We are seeing more investment, but still have a long way to go,” said Luz Stella Paez, Director of Business Management at the Defense Ministry.

EMBA alumni are welcome to join the students on their international trip. We will announce the e next trip at the end of July.

For more information on the Culverhouse College of Commerce Executive MBA Program and its international trip, contact the EMBA office at 205.348.4501, caltemara@cba.ua.edu.

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EMBA Women’s Leadership Luncheon Addresses Changing Landscape of Healthcare Industry

• April 15th, 2015
• in EMBA Alumni Network

On March 11, a panel of leaders in the healthcare industry addressed the Culverhouse College of Commerce Executive MBA Women’s Leadership Luncheon at the Summit Club in downtown Birmingham. The panel moderator was Beckie Crawford (TEMBA 2013), Vice President of Finance for Southern Medical Health Systems. The panelists included Dr. Anne-Laura Cook, Ambulatory Network Consultant/Hospitalist, Baptist Health System; Vanessa Pettway (TEMBA 2015), Region Operations Manager, Otsuka America Pharmaceutical; and Dr. Lisa Mani (MBA 2006) Physician-Consultant in Occupational and Environmental Medicine.

The panel discussion centered around the implementation of the Affordable Care Act and its impact across the healthcare industry.  In addition, the speakers addressed advanced innovations and new business models as methods for businesses to adapt in a very volatile market. The panel engaged the audience in a discussion on the “triple aim” of healthcare reform: decrease costs, improve outcomes and improve the patient experience. Finally, questions from the audience spurred the dialogue into many areas.

Audience members included alumni, prospective students, members of the Women’s Exchange, leaders from various industries and members of the EMBA staff. “This was a really great topic and the discussion comes at an opportune moment for everyone working in various sectors of the healthcare industry. It was very insightful,” said Joshua Meeks (TEMBA 2012), Director of Network Operations with Cigna-HealthSpring.

Founded in 2011, the Women’s Leadership Luncheon is an annual event established by the Culverhouse College of Commerce Executive MBA Program at the University of Alabama to bring professional women together to network and discuss business and leadership issues.

For more information on the Executive MBA Program or to schedule an interview or attend an upcoming event, please contact Cheryl Altemara at caltemara@cba.ua.edu of 205.348.4501.

2014 in review

• January 5th, 2015
• in EMBA Program Information, EMBA Uncategorized

Happy New Year to our followers and Bama fans.  We had an amazing 2014, welcoming our new Executive MBA classes in Huntsville and Tuscaloosa, celebrating the graduation of our EMBA Class of 2014, tailgating, connecting with alumni, showcasing companies, hearing great speakers and recruiting outstanding students.  Our visits to Santiago, Chile and Lima, Peru, and the breathtaking Machu Picchu, are some of the many moments we will never forget.

We are looking forward to 2015 as we celebrate our 30th Anniversary of the EMBA Program.  There are wonderful events being planned throughout the year and we look forward to having you join us to celebrate this milestone.  In addition, we will be reporting on recruiting events, showcasing our students and alumni, highlighting speakers, blogging about our upcoming trip to Panama and Colombia, and letting you get to know more about us, the EMBA staff and faculty.  Get ready for another AMAZING YEAR with the Culverhouse College of Commerce Executive MBA at The University of Alabama.

ROLL TIDE!

Here’s an excerpt:

A New York City subway train holds 1,200 people. This blog was viewed about 7,900 times in 2014. If it were a NYC subway train, it would take about 7 trips to carry that many people.

Click here to see the complete report.

For more information on the UA EMBA Program, contact Cheryl Altemara at 205.348.4501, or caltemara@cba.ua.edu.

Culverhouse EMBA Welcomes Huntsville-EMBA Class of 2016

• August 13th, 2014
• in UA EMBA Latest News/Events

The Culverhouse College of Commerce Executive MBA Program at The University of Alabama welcomed 22 new students into the Class of 2016 at orientation in Huntsville last Thursday, August 7, 2014.

The average age of the new class is 37 with 14 years of work experience, 8 years of management experience, and 23% women. While slightly over a quarter of the students studied business for their undergraduate degrees, a whopping 55% studied science, math, or engineering.

Our staff made sure to leave no question unanswered at orientation – sessions were held with information about the program, college, and university as well as tips for studying and career development.

Students met their teammates and got to know each other with fun team building exercises and a scavenger hunt. The new students were also given an opportunity to connect with alumni over dinner at ADTRAN, hosted by Executive MBA Alumni Network President Kent Darzi.

HEMBA 2016 is the first class with the new blended format, which will meet one weekend a month for 21 months. With a combination of courses in both online and traditional settings, the new format is more flexible and accessible for citizens of Huntsville as well as commuters from nearby states and metropolitan areas. This year, we have five students joining us from Tennessee, one from Atlanta, and another from Kentucky.

Please join us in welcoming the following students:

Aaron Adams, Alabama A&M
Onisa Allen, Verizon Wireless
Rodney Bilbrew, US Army
James Boyd, US Army
Justin Brown, Modern Technology Solutions, Inc
Jeffrey Coker, Coker, Wolfe, & Associates
Erika Hailes, Qualitest
Donald Hersh, Teledyne Brown Engineering
Zeph Isom, Universal Lighting Technologies
Shannon Lewis, Princeton Baptist Medical Center
Heather Martin, Community Health Systems
John Mathison, Booz Allen Hamilton
Ryan McDaniel, Nissan of Smyrna, TN
Jamie Mckinley, UAB-Huntsville Medical Center
Jeremy Phelps, Nissan North America
Jordan Reynolds, Missile Defense Agency
Eric Satterfield, Neptune Technology Group
Richard Spears, DRS Technologies
Michael Starnes, Heidelberg USA
Edward Stringfellow, Stringfellow Technology Group
Nicholas P. Ward, Westlake Chemical, Inc.
Dorthea Yarbrough, AMRDEC

For more information about the Culverhouse College of Commerce EMBA Program, contact Cheryl Altemara at 205.348.4501 or fill out an interest form here.

EMBA Elite Spotlight: Wyman Hamilton & Scott Goldberg

• May 16th, 2014
• in EMBA Elite Spotlight Series

This month, our EMBA Elite Spotlight is Scott Goldberg and Wyman Hamilton, both members of the Culverhouse College of Commerce Tuscaloosa Executive MBA class of 2013. After meeting in the program, the pair combined Wyman’s expertise in senior living with Scott’s in entrepreneurship to found Atlas Senior Living.

With over ten years of experience in the field, Wyman has been passionate about serving senior citizens since high school. He received his BS in Health Administration from Auburn University. During his tenure with Brookdale Senior Living, he was responsible for the management and operation of 35 communities in Alabama, Kentucky, Tennessee, and Mississippi. His experiences led him to write a book about leadership style and inspiration, which reveals the importance of cooperation, enthusiasm, and originality to Wyman. This enthusiasm and originality prospered after Wyman’s experience in the Manderson Executive MBA Program.

“The program gave me the tools and confidence to branch out from corporate America and become an entrepreneur,” said Wyman.

Scott received his BS from Mississippi State University. After graduating, he became Senior Director of Texas Sandwich Investors, LLC, which owned the rights to develop 100 Lenny’s Sub Shops in North Texas. Scott also served as the company’s CEO & Managing Partner for four years. Before Atlas Senior Living, Scott left Texas Sandwich Investors to found GoldOne Group. Given his entrepreneurial background, Scott has the expertise to help make Atlas a success. According to Scott, “We will always implement key business strategies from past experiences, but what excites me the most (is that) this business, compared to others, significantly allows me a role in positively impacting lives.”

Atlas Senior Living aims to provide outstanding service to its residents by utilizing Wyman and Scott’s unique problem solving and management strategies. A quote from the Atlas Senior Living blog perfectly describes their notion of collaborative management: “The best solution to most problems comes from those closest to them.” As the blog explains, their style of leadership requires attention and respect for their residents, employees, and clients. Instead of delegating or demanding, the Atlas managerial staff utilizes the familiarity of those with the most exposure to problem to help get to the source of their issues. This gives residents and employees influence while creating an inclusive environment and ridding the community of conflict.

Atlas Senior Living will be opening their first community, Madison Heights, this September in Evans, Georgia. Madison Heights will be the first all memory care community in the area, tailored to the needs of residents with memory diseases such as Alzheimer’s or dementia. Atlas is also planning to begin construction on another new community this fall in Lexington, Kentucky. In addition to residential housing management, Atlas Senior Living also provides consulting services and mock surveys, which will help spread their resident-centered, collaborative management model to the rest of the industry.

To find out more about Atlas Senior Living, check out their blog and website.
For more information about the Executive MBA Program at The University of Alabama, contact Cheryl Altemara at caltemara@cba.ua.edu or 205.348.4501.

CEO John Ferriola of Nucor Corporation Speaks to UA EMBA Class

• March 18th, 2014
• in UA EMBA Latest News/Events

On Saturday, March 15, John Ferriola, Chairman, President and Chief Executive Officer of Nucor Corporation, flew in from the company’s corporate headquarters in Charlotte to meet with the Tuscaloosa Executive MBA Class of 2014. The EMBA class has been studying Nucor both through case analyses and through examination of data presented in the IBISWorld Industry Report 33111: Iron & Steel Manufacturing in the US.  Nucor and affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. It is the most diversified steel products producer and North America’s largest recycler.

“It was an honor having Mr. Ferriola answer questions and discuss the company in depth with our class,” said Christopher Jones, TEMBA Class 2014 President. “It gave us great insight into the critical decision making process, issues and strategies from the CEO point of view.”
“I was especially pleased,” added Dr. A.J. “Lonnie” Strickland, the John R. Miller Professor of Strategy, “that Mr. Ferriola went beyond the domain of talking about Nucor and its strategic initiatives. He also offered excellent career advice and shared amazing insights about how to succeed as a professional and as a person.”

Mr. Ferriola joined Nucor Corporation in 1991 as Manager of Maintenance and Engineering, progressing up the corporate ranks to become CEO and President January 1, 2013. He also currently serves as the Chairman of the Board of Directors of the Steel Manufacturers Association (SMA) and is on the Board of Directors of the American Iron & Steel Institute (AISI). He has also been active for more than 20 years in the Association for Iron and Steel Technology (AIST) and has served on its board of directors as well as on the Board of Directors of the National Association of Manufacturers (NAM).
“It was a great honor to have John so willingly accept an invitation to a visit with our class,” added Janet North, a Nucor employee and member of the TEMBA Class of 2014. “Early in my career with Nucor, as an intern out of Charlotte, I recognized what a special place Nucor is. And I quickly realized what a special role John plays in maintaining that valuable culture. His passion for Nucor, the steel industry, and for each and every employee is amazing.”

Mike Hardin, Dean of the Culverhouse College of Commerce, attended John’s presentation as well. “It was a thrill to witness John’s perceptive insights regarding the role of the CEO, the importance of communication and the strategic alignment of teams,” Dean Hardin observed. “Mr. Ferriola’s words obviously reflect the beliefs that have made Nucor a prized, valuable and innovative leader in the steel industry. To have him interact with our students so personally made it a wonderful experience for everyone present.”

UA EMBA Countdown to End of Year

• December 27th, 2013
• in EMBA Alumni Network, EMBA Program Information

December is the month of holidays, family and memories.  A time to remember and celebrate.  As the month draws to a close so comes the lists, and believe me, there are lots of lists.  Top 100 songs of the year, best movies of 2013, and top 10 iPhone apps – it’s Candy Crush Saga followed by YouTube. Then there are the strange lists like the ESPN Dallas Cowboys’ Craziest Losses – no matter how heartbroken you may be if your team lost this year the Cowboys take the “smack in the head, I can’t believe that just happened” award. Then there’s the 2013 Google’s top 10 searches that ranges from Nelson Mandela to the Royal baby…the lists goes on and on.

Not to be left out, we decided to present our own countdown for 2013. So here goes – the EMBA at The University of Alabama top five highlights for 2013:

#5 – Social Media reigned in the EMBA office.  We started our UAEMBA blog, University of Alabama EMBA LinkedIn group and company page, and UAEMBA Facebook page.

#4 – Istanbul, Turkey was our destination for the EMBA Class of 2013’s global strategy course.  Students encountered a rich cultural adventure and successful company visits. They were also treated to a warm welcome by chairman and CEO of Istanbul-based Bayraktar Group and UA graduate, Mustafa Bayraktar, at his company’s headquarters overlooking the Bosphorous. This year, we also offered spouse/guest optional packages and a post trip to Izmir. We also announced that alumni may join us on future trips.  The alumni package will include the same accommodations, meals, company visits and city tours as is provided to students. In 2014, we will have alumni on our Chile-Peru trip and encourage other alumni to join us in 2015.

#3 – Our 2013 EMBA Alumni survey yielded many success stories that we will be sharing with you in future blogs.  One of many highlights is that after graduation, 46 percent of our alumni received promotions within their company, 30 percent changed companies for promotions and 11 percent started their own business.

#2 – The EMBA Alumni Association was established.  The EMBA program has graduated 766 students.  In November, we celebrated the creation of the EMBA Alumni Association with a return to campus event that included faculty presentations, networking, updates on continuing education and certification programs that are now available to EMBA alumni, and a Welcome Back to T-Town party at Dreamland BBQ.

#1 – UA EMBA welcomed our sixth class in Huntsville and our 30th class in Tuscaloosa.  In 1985, we enrolled our first EMBA class in Tuscaloosa, and we will be graduating our 30th class in May 2015.
It has been an exciting and thrilling year.  From all of us in the EMBA Program, we wish you Happy Holidays and a bright New Year.
Donna, Brian, Cheryl, Linda, Matt, Courtney and Gary

Entrepreneurs and MBAs: Is it worth it?

• October 1st, 2013
• in EMBA Program Information, Helpful Tips and Advice

If you ask Robert Parfitt, “Was it worth it?” His answer would undoubtedly be “yes.” Robert graduated from the Culverhouse College of Commerce Executive MBA program at the University of Alabama in 2002, and is now CEO and co-founder of Waiting Game Publications.

Robert, along with company President and co-founder Bill Zapf, was recently featured in a CEO profile in Franchise Canada Magazine. You can read the full article here. The Waiting Game is a free, full-color, interactive, incentive-based monthly publication distributed to waiting rooms.

It offers low-cost advertising with extensive local reach to small businesses. Waiting Game Publications launched in 2009, began franchising in 2011 and now has 23 franchise locations with 15 more in the works for the coming year.

Many working professionals decide to break out on their own and become entrepreneurs AFTER they earn their MBA degree. But what about those aspiring entrepreneurs considering an MBA while trying to start a business? Is it a good idea? Would it be worth it in the long run? Here are some reasons why entrepreneurs selected the UA EMBA program:

• To fill in knowledge gaps and combine formal business education with on-the-job experience
• To connect ideas with other professionals in class to market and grow their business
• To become better negotiators
• To better understand financial aspects of business and become a more strategic leader
• To network

“The UA EMBA program gave me the tools and confidence to take my career to the next level. After graduation, I obtained a new position that doubled my previous salary. I then put my education to work by crafting out a plan to launch Waiting Game Publications, and I know this could not have happened without everything I learned from my fellow EMBA grads and the professors at Alabama.” – Robert Parfitt