What's New in the Department of Business
The Business Department Welcomes New Faculty
Christopher Dahlvig- Visiting Assistant Professor (Accounting)
Chris Dahlvig joined the faculty of Linfield College in 2018 where he teaches courses in accounting. Chris spent 20 years working in the not-for-profit sector in various accounting roles in a wide range of industries including higher education, outdoor ministry, healthcare, e-waste recycling, and philanthropy. As Controller for Inland Northwest Community Foundation, Chris accounted for over $100M in assets which generated nearly $7M in grants annually for the region. Many of his career highlights include process improvements that led to significant time savings including the development of a payables process that reduced staff time by over 98%.
Chris loves the Green Bay Packers and 80’s techno-pop. His interests include running 5k’s with his wife and reading books while drinking good coffee.
Dr. Kyle Putnam Shares Credit Expertise
Financial advice website, WalletHub, recently featured expert advice from Linfield Business Department's very own, Dr. Kyle Putnam. As a professor of Finance, Dr. Putnam is well versed in credit improvement and management strategies. In the article, Kyle provides the reader with practical, step-by-step advice for monitoring and increasing credit scores.
“In terms of tangible steps, the first thing you should do is request a free copy of your credit score to see if there are any errors reported, such as late payments.”
Dr. Putnam is currently teaching a Personal Finance course which, in addition to credit management, covers topics such as investing in stocks and mutual funds, tax concepts, personal loans, purchasing and financing a home, and more! Interested in learning more about the world of finance? Check out our Finance Major or drop by the Business Department in T.J. Day Hall to chat with a Business Professor.
December Business Advisory Council Student Networking Event
On Thursday December 7th, accounting firm Geffen Mesher hosted a group of 14 Linfield Business students, along with faculty member Mark Michelini, for the second installment of the BAC Thursday Student Meet-Up series. Four Linfield alums, Geffen Mesher’s Graham Peterson, Kyle O'Leary, Claudia Perry, and Megan Anderson, spent the afternoon discussing life after Linfield and answering questions about working in an accounting firm. Patrick Goodman of Durham & Bates Insurance and Rachelle Quinn of Kaiser International were present as well to answer questions, share valuable insight, and provide useful information about their companies. Additionally, the students were honored with a surprise visit from company co-founder, Stan Geffen! The Linfield Business Department would like to extend a heartfelt thanks to Geffen Mesher, Durham & Bates Insurance, and Kaiser International for helping today’s students become tomorrow's leaders.
Business Advisory Council Launches Student Networking Series
The Linfield Business Advisory Council (BAC), in partnership with the Linfield Business Department, launched its first Thursday Student Meet-Up event. The event series is designed to provide business students with unique opportunities to enhance their business studies experience beyond classrooms through monthly events in Portland. The first event took place on November 2nd at Pavilion Construction, a company co-founded by Brian Gerritz, BAC Chair. 20 students attended and had the opportunity to learn about the company, network with business professionals, and connect with Linfield alumni. Katelin Swanson, business student, described this event as “an insightful experience” that offered “special connections between previous and current Linfield Students” as Pavilion is currently home to six Linfield alums. Not only did the students have the opportunity to work on their networking skills and learn about Pavilion as a company, Jonathan Fyre an exchange student from NGU, expressed that “the friendly employees provided various side information about work life and important advice for personal career development”. Brian Gerritz stated, “Following the event at least half a dozen of follow ups from students have been made to Pavilion staffers.” Overall, the students who attended this event left with a wealth of information and valuable knowledge about future career prospects and connections to help them in their future endeavors here at Linfield and long after.
Business Yak a Success
The Business Department hosted its third-annual “Yak” this fall. The Business Yak is an informational luncheon designed to position prospective business students for success within the Business Department and beyond. Business professors presented an array of helpful information, including: declaring a major or minor, switching advisors, getting course credit for internships, and navigating the Business Department. Additionally, Professor Crosley presented information on an exciting study abroad with Nürtingen-Geislingen University in Germany. The event served as an excellent opportunity for students to connect with business professors and learn practical steps for success as future business majors and minors.
Professor Nelson Shares Expertise
In a recent interview with Advertising Age, Michelle Nelson, Linfield Business Marketing professor and immediate past president of the Marketing Educators' Association, talks about marketing professors keeping up with developments in the marketing and advertising industry responding to a study by the Association of National Advertisers (ANA). In addition she applauded the efforts by ANA to bridge the gap between universities and industries through their “Pathways 2020” initiative. Read full article here.
The Business Department Welcomes New Faculty
Kyle J. Putnam - Assistant Professor of Business (Finance)
Kyle Putnam joined Linfield College in 2017. He teaches courses in investments, financial management, and financial theory. His research interests include commodity futures, asset pricing, and financial institutions. Prior to joining Linfield, Kyle was an assistant professor of finance at the Marilyn Davies College of Business at the University of Houston-Downtown (UHD) where he taught undergraduate courses in investments, business finance, and personal finance, as well as graduate courses in corporate finance, investments, financial forecasting, behavioral finance, and financial management. While serving at UHD, he aided in the implementation and development of the inaugural freshman mentorship program as a faculty advisor. Additionally, he served as a faculty co-advisor for UHD's Financial Management Association chapter. Kyle obtained his B.S. in Finance and Economics from George Fox University, summa cum laude. He completed his M.S. and Ph.D. in Financial Economics at the University of New Orleans, where he received multiple awards for his excellence as an undergraduate teaching assistant and graduate school tutor.
Rainer Seitz - Assistant Professor of Business (Management)
Rainer joined the faculty of Linfield College in 2017 where he teaches Organizational Behavior and other management-related courses. Prior to arriving at Linfield, he spent 25+ years working as an internal and external consultant to organizations on issues related to hiring and performance management. He has worked internally to develop automated hiring systems for organizations such as Starbucks, Kroger, and Costco. Consulting clients have included Kraft/Nabisco (now Mondelez), Leupold & Stevens, and Portland Fire & Rescue. Rainer has also taught undergraduate and graduate management courses at several institutions throughout the Pacific Northwest over the past two decades.
Rainer holds a Bachelor's and Master's degree in Psychology from Marquette University, and a Ph.D. degree in Industrial and Organizational Psychology from Portland State University.
In his free time, Rainer enjoys pursuing his passion for classic American cars. Garage time spent turning wrenches serves as his therapy. Outdoor activities such as hiking, cycling, beach volleyball, and appreciating nature are also particular interests.
On May 9th, the Oregon State Society of Certified Public Accountants held their annual Circle Of Excellence dinner. Linfield was well represented. Sophomore Tyler Kelsch, Junior Josh Hight, and Professor Mark Michelini were recognized as new members to the OSCPA.
Kelsch and Hight were recognized as outstanding accounting students and were awarded scholarships. Kelsch received a scholarship from Boldt, Carlisle & Smith of Salem and Hight received a scholarship from Delap, of Lake Oswego. Tyler is just beginning his accounting coursework, while Josh has established himself as one of the leaders of the junior class. Both Tyler and Josh were supported by their parents, who were on hand for the festivities.
Also recognized were graduating seniors Taylor Luebke and Kaela Ingram for their leadership and excellence in the accounting program. Both Kaela and Taylor had excellent GPA, but also excelled in leadership roles around campus. Kaela was a four year member of the Wildcat softball team, and Taylor was involved in the Phi Sigma Sigma sorority serving as vice president. Former faculty member David Korb was there to support both Taylor and Kaela, David being very instrumental in their success.
And finally, new faculty member, Mark Michelini was recognized as a new Certificated Public Accountant in the State of Oregon.
Business Seniors Continue Setting The Curve
One of the final classes all students take in the business department is Strategic Management. It is in this class that students learn to refine the skills they have learned over the past four years and implement them in real life situations.
One exercise used to mimic real business operations is BSG, or the Business Strategy Game. This program spans the length of the entire semester and simulates the decisions and actions necessary to run a global footwear company. This program ranks its users global wide and two teams from Linfield are ranked within the top 100 this semester. Out of 2,153 teams from 126 colleges and universities, Linfield College is becoming a force to be reckoned with.
Fresh Feet is one of the success stories this semester. When asked about their success Mikaela Viloria, one of the three members of the team along with Art O’Kelly and Peilin Ma, said, “It is great to see our strategy pay off. We have worked hard to find the right technique and it feels great to see how we’ve progressed.” She also attributes their success to Professor Russ Paine. “Russ has been a great influence and has taught us how to evaluate different strategies to see what best suits our company.”
Elite Feet founders Brynn Lio, Dylan Lewis and Kasey Johnson are thrilled to see their hard work start to pay off. “Being recognized was an accomplishing feeling! We’ve had a lot of trial and error situations within the company, so being recognized globally shows us that we have done good and found a successful venture to follow.” –Brynn Lio
Columbia Sportswear CEO Tim Boyle visits Linfield College
Columbia Sportswear is a nationwide recognized brand known best for its durable and technology based clothing. Their merchandise is branded as, “Tested Tough”. Linfield college was fortunate enough to have the CEO, Tim Boyle, speak to a group Business majors; giving insight as to how he has managed to grow Columbia into the profitable company that it is today.
When Tim Boyle’s father, Neal, died in 1970 the company almost went bankrupt. They had a bank note of $300,000 due. The bank agreed that they would give Columbia six more months to turn things around. During his presentation Tim Boyle spoke of how fortunate Columbia was to bring one of the future founders of Nike onto their board of directors at this difficult time to help guide the company out of its financial troubles.
It should come as no surprise that it was this close call that led Columbia to take a conservative stance on how they run their operations. Today the company holds over 500 million dollars in cash reserves while only carrying 14 million dollars of financial leverage. Historically the company has used some of its cash reserves to expand, buying brands such as Sorrel, Mountain Hardwear and Prana. Tim stated that the company’s strategy is to ensure that each brand maintains its own unique personality in order to continue to differentiate itself from its competitors. One point Mr. Boyle made to illustrate the intense global competition is the example of China having upwards of 900 apparel brands with whom to compete.
Students were fortunate enough to have gained some corporate insight into the decision making process of being a CEO and how to utilize the various strategies of a major company like Columbia Sportswear. Students will carry this insight with them as they move on to enter the workforce.
The Business Department Welcomes New Faculty
John Tiedge-Adjunct Professor
John Tiedge joined the Linfield Faculty in 2015, and the Business Department in 2017, where he teaches Business Law. Tiedge was the Vice President, Associate General Counsel for Trademark
and Copyright at Hewlett-Packard Company, where he spent more than 20 years advising on intellectual property matters, commercial transactions, and litigation. Prior to joining Hewlett Packard, Tiedge was in private practice in Chicago, and at NCR Corporation. In addition to his work at Linfield, he continues to consult for domestic and international law firms on trademark, copyright, and internet domain name issues.
John is a Planning Commissioner for the City of McMinnville.
Duncan Hart - Adjunct Professor
Duncan Hart joined the faculty of Linfield College in 2017 where he teaches Organizational Behavior and Management. Duncan brings 30 years of leadership and management experience working most recently in semiconductor operations, construction and facilities technology development. As an Intel Business Operations Manager, his responsibilities included establishing business processes, indicators, business continuity and risk management.
While at Intel, he taught and occasionally developed courses on organizational behavior. Duncan was an instructor at the US Naval Surface Warfare School in Newport Rhode Island and also certified as a Naval Leadership and Development master instructor. His strengths are business systems/process, information mapping and hiring.
Duncan's other interests include spending time with family, mountaineering, snowshoeing, kayaking, cycling, singing, circuit training and trekking in Europe. He has also worked extensively in non-profit as a management consultant.
Jan term might have been snowy and rainy, but Professor Sarma was spicing things up in the kitchen by teaching students how to cook easy Indian cuisine. The menu included chicken curry that only has FIVE ingredients; rice, and a desert that could be made in the microwave. The session also included a brief presentation on Indian culture and the role that food has in it. Professor Sarma showed students that cooking tasty, authentic food doesn’t have to be difficult.
Linfield Accounting Student Kaela Ingram Shares Internship Experience
During the summer of 2016, Kaela Ingram was hired as an intern at one of Portland’s largest local tax, audit and consulting firms— Delap LLP. At the close of her internship, Kaela wrote an article for the company’s online blog, sharing wisdom she gathered along her internship journey.
Read the full story here.
Did you know students can earn credits for internships?
Depending upon your need and current academic standing, there are two, for-credit types of internships: 1) Business Department credit, BNSS 487; OR 2) Linfield credit through the Career Center, IDST 287. You may apply for and complete up to two internships that apply towards your graduation credits. Of course, you can always do an internship on your own whether you apply for credit or not!
Linfield students interested in an internship can visit the Career Development office in Melrose 010, or visit linfield.edu/career/catconnect for exciting internship opportunities.
The Business Department Welcomes New Faculty
Mark Michelini - Visiting Assistant Professor of Business.
Mark Michelini joined Linfield in 2016, after a lengthy career as the CFO at Stevenson High School in Lincolnshire, Illinois. While at Stevenson, Mr. Michelini served as chairman of ISDLAF, an investment pool of 500 school districts with over $6 billion on deposit; as chairman of CLIC, an insurance pool of over 170 school districts, representing over 50,000 students and $20 billion dollars in insured values; and as Treasurer for NIHIP, a healthcare pool of 30 school districts that offers healthcare, life, and disability programs. He holds the Chief School Business Official endorsement granted by Northern Illinois University.
Mr. Michelini also has served on the faculty of the University of Wisconsin-River Falls and Northern Illinois University. His hobbies and interests include reading, golfing, biking, and volleyball, and he enjoys the writings of Malcolm Gladwell, Walter Isaacson, Jon Krakauer, and Erik Larson. Fun fact: Mark attended East Aurora High School, the same high school as Don Kieso, one of the leading authors of many accounting textbooks.
Bonnie Cafferky Carter – Adjunct Professor
Bonnie Carter is a practicing attorney in Lake Oswego, Oregon and joins Linfield this year to teach Business Law. She has previously taught courses on Probate Procedure and LSAT Preparedness, and presented at programs for lawyers on topics including contract lawyering, solo practice, and for the annual Oregon State Bar Learning the Ropes panel for new lawyers.
Admitted to practice in both Oregon and California, Bonnie continues to represent clients in both states and maintains a satellite office in Riverside, California. Her professional focus is estate planning, probate & trust administration as well as general business transactions and intellectual property.
Bonnie is an active volunteer in the legal community, serving as the incoming President for the Clackamas County chapter of Oregon Women Lawyers for 2017. A recent past member of the Oregon Women Lawyers Board of Directors, she also enjoyed the opportunity to write for and grade the summer bar exam for two years.
Senior capstone class competes on a Global Scale
Every student in the business department enrolls in Strategic Management during their senior year as a way to incorporate what they have learned from their time here at Linfield in real life business scenarios.
This is in part accomplished by forming teams of students from different studies within the department (Marketing, Management, Finance, Accounting, and International Business) and having them participate in an online exercise called the Business Strategy Game. In BSG students are in charge of running a simulated athletic footwear company that simulates decisions and circumstances that real companies face every day.
Last Spring two students, Ali Brown and Frederico Perez, were extremely successful in the simulation and by the end of the game their company was ranked 18th in the world. The techniques they learned in class paired with their own creative and innovative thinking allowed the students to watch their company steadily progress each week, which in the simulation represents one year in the industry for the ten year duration of the exercise, from a global ranking of 75 to their peak rank of 18.
Last Lecture of Professor Greenlees and Professor Emery
After 32 and 30 years of service, respectively, accounting professors Malcolm Greenlees and Rich Emery are retiring. At the end of the fall semester of 2015, they were honored by past and present Business Department colleagues at a department event. On May 10, 2016 the Linfield community was treated to their “Last Lecture”, in which Emery and Greenlees described their years at Linfield and their contributions to the accounting program, the Business Department, and Linfield College. The next day, Malcolm and Rich were recognized at Linfield’s Retirement Convocation, and spoke about their careers at Linfield. At Commencement on May 29, the distinction of Professor Emeritus will be conferred upon each of these professors. The Business Department thanks Malcolm and Rich for their dedicated service to Linfield, and the impact that they have made upon generations of students. All the best to Rich and Malcolm as they enter retirement!
Business and Athletics a Perfect Pairing
At Linfield College, we value student learning and growth, in and out of the classroom. Many business students at Linfield excel as both students and as intercollegiate athletes.
To be successful, student athletes have to utilize time management as they juggle practices, game travel, and academic obligations. When student athletes choose a major in business they find that what they learned about leadership, collaboration, and teamwork on the field or in the gym is reflected in their business coursework. Coaches and faculty alike encourage student success in all areas, knowing that a win on the field transfers to a win in the classroom.
Read more about the Linfield athlete scholars in the Linfield Magazine.
On March 10th, over 50 Linfield students had the opportunity to network with 20 successful, Oregon based professionals. A formal dinner was hosted by Mentors360 which created an atmosphere for discussion. Mentors360 is a Portland-based organization that focuses on personal, professional, and spiritual growth in college-aged students through mentorship with local professionals. The event was planned and conducted in partnership with Linfield’s student leaders and organizations across campus, including Linfield’s chapter of the national honor society in business, Delta Mu Delta-Epsilon Psi.
Greg Sherwood, President and Chief Investment Officer at Quest Investment Management and founder of Mentors360, was the keynote speaker for the evening. He touched on the importance of leadership and personal values. Greg also stirred up conversation for each dinner table and inspired the students to gain insight from the mentors sitting at the tables. After dinner, the students had an opportunity to network with all mentors from different industries and gain knowledge about post-graduate opportunities.
Prospective Students Compete for Scholarships
Each year, Linfield hosts prospective students for Competitive Scholarship Day. This invitation-only event provides an opportunity for students who have been accepted to Linfield to compete for scholarships. After the exams, all students and their families were invited to an academic fair at which representatives of Linfield’s academic departments, clubs, activities, and support services were present and available to answer questions. This year’s event took place on Valentine’s Day and was the perfect setting for students to fall in love with Linfield.
The Competitive Scholarship Exams in business allow students to demonstrate their analytical skills by addressing essay questions about a business scenario. The exam is open to all students who have an interest in studying business (accounting, finance, international business, management, and marketing); no experience or prior coursework in business is necessary. If you would like to learn more about this exciting event, please contact the Office of Admission at 800.640.2287. More information about the 2016 event is also available.
Mentor 360 Panel and Discussion
On November 12th, the Business Department, in coordination with Delta Mu Delta honor society, hosted the Mentors-360 Panel Discussion. Mentors-360 is a Portland based organization that focuses on personal, professional, and spiritual growth in college aged students. The panel discussion was an opportunity for students to hear from current professionals on their experiences. They also provide guidance on what students can expect in the post college world. More than 50 Linfield students attended the event where they got the opportunity to hear from a variety of local business professionals including: Greg Sherwood – President Quest Investment Management, Tammy London – Vice President National Sales WFG Title, Randy Williams – Principle and CFO R&H Construction, Joe Seifert – Tax Manager Delap LLP, and Jeremy Stewart – Timber Trader.
Accounting major Stephen Nnabue felt the experience was extremely valuable saying, “It was a blast! It was very informative and it gave me a glimpse of what to expect in life post-graduation.” The guidance these mentors shared with students was felt by many including junior finance major Scotty Hilpert, “It was extremely beneficial to interact with these business leaders in the community on a personal, spiritual, and professional level.” The discussion and interpersonal communication presented from these mentors to our Linfield students was truly representative of one generation leading to the next.
Business Yak Informs Students Interested in Business
On October 27, the Business Department held a luncheon for first year students and students interested in pursuing a business major or minor. Business professors, Madeleine Brady-Romero and Denise Farag, led the presentation and provided useful information. They informed the students about the majors and minors offered within the department, and which courses they should take as first year students. They also discussed how to pick an advisor, and how advisors can help with things such as WebAdvisor and TaskStream. Faculty members from each major were present to answer further questions.
The Department of Business Welcomes New Faculty
David Feeney - Adjunct Professor
David Feeney will teach Business Law I at Linfield College the fall of 2015. He has taught Business Law I at Linfield College’s Online and Continuing Education Program since 2013. Currently he is an instructor at Oregon State University College of Business where he teaches graduate and undergraduate business law courses. Previous teaching opportunities included Georgia State University, Atlanta, Georgia and Park College, Kansas City, Missouri, where he taught Irish history.
Prior to teaching, David practiced law for 10 years. His area of practice included formation of corporate entities, bankruptcy, real estate, among other areas. His experience included litigation in trial settings, arbitration and mediation and appellate court appearances including the Nebraska Supreme Court. David is a member of the Washington, Oregon and Nebraska State Bar Associations.
David also became involved in pro bono legal assistance and with non-profit entities. He provided legal counsel to homeless individuals as an attorney for the Clark County Volunteer Legal Program. Additionally, he served as president of the Community Housing Resource Center in Vancouver, Washington and president of Big Brothers Big Sisters of Northeast Nebraska.
Carmen Morgan - Visiting Assistant Professor
Carmen Morgan has joined the Linfield faculty in 2015 for a one-year visiting appointment. She teaches accounting and finance courses. Carmen has been teaching accounting and finance courses at Oregon Tech in Klamath Falls for the past 27 years. Her work experience is primarily in public accounting with also a brief stint at Jeld-Wen, Inc., a door and window manufacturer, in Klamath Falls. She holds many professional certifications including the Certified Public Accountant license and has most recently passed the Personal Financial Specialist professional exam.
Gayatree Sarma - Visiting Assistant Professor
Gayatree Siddhanta Sarma has recently moved to Portland, from Poughkeepsie, NY. Prior to her move, Gayatree taught International Business and Marketing courses at the Marist College School of Management for more than a decade. Gayatree has an MBA degree from Marist College and a Master’s degree in Philosophy from India. She worked/lived in India, Japan and Germany and has extensive international travel experience. Her forte is cross- cultural communication and the understanding of different cultural values and nuances and their effects on business practices. Her academic interest currently focuses on the emerging economies with a particular concentration on ethics and corporate social responsibility. She is also a freelance writer whose works have been published in various publications including the Newsweek magazine. Gayatree is a very effective public speaker and routinely presents both in academia and other platforms. She is a member of the Beta Gamma Sigma business honor society and currently serves as the co-chair of the International Business track for the North East Decision Science Institute’s 2016 conference.
Gayatree’s other interests include cooking gourmet and ethnic food, baking and decorating cakes, current events and trivia and tennis. She is involved in a nonprofit organization that works closely with underprivileged children.
Business Department Remembers Professor Emeritus Levi Carlile
The Business Department mourns the loss of Levi Carlile, former Business and Economics professor. Levi passed away in the comfort of his own home on August 10th and is survived by his wife Janice, sons Ben and Paul, daughter Carrie, and four grandchildren.
During a summer visit, Levi fell in love with the Pacific Northwest, especially Linfield College. In 1964, he started teaching at Linfield College in the one-person Economics Department. During the 1969 merge of the Business and Economics Department, Levi played a key role in the growth of that department. Throughout his career, Levi also worked diligently in the sustainability of the college. In 1993, he retired from Linfield College but still remained a supporter and fan of the college.
Levi spent almost 30 years teaching at Linfield. He had a passion helping others and enjoyed watching students develop into well-rounded graduates. He will be greatly missed by the many lives he touched during his time at Linfield.
To read more about Levi’s life and legacy, please visit Macy and Sons Funeral Directors
Business Faculty Share their Research and Expertise: Spring and Summer 2015
Denise Farag presented Potpreneurs: A Taxing Proposition at the Pacific Northwest Academy of Legal Studies in Business Regional Conference, April 16-18, 2015, in Portland, OR
Denise Farag published "Transforming the Legal Studies Classroom: Clickers and Engagement” in Journal of Legal Studies Education, 32(1) (co-author, Susan Park)
Denise Farag published “Faculty Perceptions of the Adoption and Use of Clickers in Legal Studies in Business Classroom” published in Journal of Education for Business, 90(4) (co-authors Susan Park and Gundars E. Kaupin)
Denise Farag wrote a book review of Legal Concepts in Sport: A Primer, 4th Ed., by Linda Jean Carpenter, published in Sport Management Education Journal 9(1).
Malcolm Greenlees presented China's Amazing Gaming Future at the 37th Annual Gaming Conference of the Nevada CPA Society, Las Vegas, NV May 20, 2015.
Malcolm Greenlees presented Casino Accounting and Financial Management at Macau Polytechnic University and the Directorate for Inspection and Control of Games, Macau SAR, China, October 20-24, 2014.
Malcolm Greenlees had the Chinese translation of his textbook Casino Accounting and Financial Management published by Yang Chih Book Co. Ltd, Taiwan, July 2015.
Sharon Wagner presented Making Connections among Disciplines: Multidisciplinary and Interdisciplinary Approaches at the Academy of Management Teaching and Learning Conference in Vancouver, BC on August 9 (co-presenter, Sylvia Flatt).
It’s Accrual World Winery
In Professor David Korb’s Cost Accounting class, accounting students studied the local wine industry through an experiential learning process. Cost accounting students integrated their knowledge of cost accounting and financial accounting through a spreadsheet case-study. The students visited a local winery to learn about winery operations, and then built seven-year financial projections for a fictitious local winery that the students named “It’s Accrual World Winery”. The students presented their work to special guests from the local wine industry who provided real-world insights, critical feedback and analysis. This semester the guests included Ellen and Robert Brittan (owners and managers of Brittan Vineyards), Amy Prosenjak (President and CFO of Rex Hill and A to Z Wineries), and Jack Irvine, CPA, (a wine accounting expert with Irvine and Company CPAs).
Mentors 360 Panel Discussion
On April 8th, 2015, the Linfield Business Department hosted a panel of a diverse group of professionals from Mentors 360. Mentors 360 is a Portland based organization that helps to match college aged students with professional mentors that can help students grow personally, professionally, and spiritually. Andrew Nelson, from Human Investing, and a Linfield College ’09 Alumnus, introduced the panel and emceed the discussion. At the event, the panel shared their career experiences, insights, and advice to the group as a whole. Afterwards, attendees broke up into smaller groups to talk one-on-one with the panelists. Each panelist was more than willing to answer questions, give guidance, and serve as a networking connection for students. Panelists included: Greg Sherwood, from Quest Investment Management; Mark Marshall, from State Farm; Mike Stepan, from CenturyLink; and Dave Dougherty, a Retirement Plan Actuarial Consultant. Those who attended left with new insights on career planning and made some new connections with distinguished professionals from these companies!
Daimler AG Event
On March 6, Professor Romero led her Topics in Finance class combined with students in the Delta Mu Delta Honor Society to visit the headquarters and manufacturing plant of Daimler Trucks North America and were able to sit down with the CFO, John O’Leary.
The day began with an on-site manufacturing plant tour of the company’s Western Star line of trucks. Students walked the floor as trucks were being assembled and were informed as to the day to day processes that went on in the factory. Operational managers fielded questions from the students ranging from the expected daily production of the factory, inventory management challenges and initiatives, to the difficulties involved in producing customizable, made to order goods.
Back at the Daimler AG headquarters, CFO John O’Leary gave a presentation about Daimler’s domestic and international operations and products, market and growth strategies, financial performance, and corporate culture. An HR executive detailed internship opportunities for students, including their acclaimed CAReer – the Top Talent Program, in which the new hire (straight out of college) spends the first year in other parts of the US as well as at Daimler AG in Europe. HR also spoke at length about corporate culture and how large companies like Daimler work to create a very specific culture. Students had incredibly positive reviews, citing that it was both an extremely educational and engaging event, not to mention it was very unique and exciting to experience the sensory stimulation of a manufacturing facility in motion.
Business Faculty Share their Research and Expertise: Summer/Fall 2014
Malcolm Greenlees presented Casino Accounting and Financial Management Update Seminar to the Mississippi Gaming Control Board and CPA Firm of Pultz, Leroy and Co. as approved by Mississippi State Board of Accountancy, in Biloxi, MS.
Sharon Wagner presented Reputation Management on the Internet: Content and Impact of Oregon Wineries’ Websites and Facebook Pages at the Academy of Wine Business Research International Conference in Geisenheim, Germany (co-author, Lisa Weidman).
Sharon Wagner presented Corporate Reputation: Stuck in the Middle at the Reputation Institute’s International Conference on Corporate Reputation, Brand, Identity and Competitiveness, Miami, FL (co-author, Sylvia Flatt).
Denise Farag presented A Taxing Process: Whistleblowing under the I.R.S. Reward Program at the Academy of Legal Studies in Business 89th Annual Meeting, in Seattle, WA (co-author, Terry Dworkin).
Denise Farag presented So You Wanna Use Technology at the Academy of Legal Studies in Business 89th Annual Meeting, in Seattle, WA (member of panel).
Malcolm Greenlees presented Casino Accounting Procedures and Industry Update Seminar to the Directorate for Inspection and Control of Jugos – Games (gaming regulatory body of the SAR of Macau) in Macau, SAR, China.
Department of Business Launches Business in Residence Program
Bob Moore, founder of Bob’s Red Mill Natural Foods, presented “Impact Entrepreneurism” Wednesday, Oct. 22, at 7 p.m. in Ice Auditorium in Melrose Hall. Moore told the Bob’s Red Mill story, which is based on his philosophy of “people before profit.” This lecture was the inaugural event of the new Business in Residence (BIR) program in the Department of Business. Koopman Ostbo Marketing Communications, an integrated marketing communications firm in Portland, is the first business in residence at Linfield. Koopman Ostbo’s clients are impact entrepreneurs in the natural, organic and sustainable consumer products industry. Craig Ostbo, KO’s managing partner, moderated the program. Marketing professor Michelle Nelson, coordinator of this event, led the development of the Business in Residence concept at Linfield. Her course on impact entrepreneurism (BNSS/IDST 486) will be offered during the spring semester of 2015, and is open upon permission of the instructor to any Linfield student. BNSS/IDST 486 counts as a major elective for management and marketing majors. The October 22 lecture was free and open to the public, and sponsored by the Linfield Department of Business and PLACE (Program for Liberal Arts and Community Engagement). The first 100 attendees received a free autographed copy of Moore’s biography, “People before Profit,” written by Ken Koopman, co-founder of KO.
Professor Malcolm Greenlees Honored by American Institute of CPAs
Malcolm Greenlees has received the Chartered Global Management Accountant designation from the American Institute of CPAs and the Chartered Institute of Management Accountants. This designation is reserved for certified public accountants with extensive experience working in business and government. Greenlees joined the Linfield faculty in 1984 and is the Glenn L. and Helen S. Jackson Professor of Business. He routinely teaches Managerial Accounting (BNAC 261), Auditing (BNAC 469), and Entrepreneurship (BNMG 423).
Business Department Fall Kickoff
On September 4, 2014, current and prospective business majors and minors gathered in TJ Day Hall to learn more about the Department of Business in the 2014 Business Department Fall Kickoff. Topics discussed included choosing a major (accounting, finance, international business, management, marketing) or minor (management, sport management), internship credit, expectations for the professor-student relationship, and how to be a successful business student at Linfield College. Those in attendance were also informed of Linfield’s newest business exchange program with Nurtingen-Geislingen University. A guest speaker from this German university, Erskin Blunck, spoke about the program and the benefits of studying abroad from a business perspective. Faculty representatives from each major and minor in the Business Department were present to answer any further questions about declaring a business major or minor, finding a business advisor, and class requirements for degree completion.
Questions about the business majors or minors? Contact Sharon Wagner, Chair of the Business Department at email@example.com or Department Secretary Sarah Cade at firstname.lastname@example.org
Adjunct Faculty Spotlight: The Department of Business Welcomes New and Returning Adjunct Professors
Richard (Dick) Cahill joined the Linfield Faculty in 2014, where he teaches BNFN 441: Financial Institutions. Cahill was the Vice President, Deputy Head of the Credit Risk Department, Risk Management Function within the Bank Supervision Group of The Federal Reserve Bank of New York. Prior to joining the New York Fed in April 2008, he spent 16 years at the Federal Reserve Bank of Chicago, Supervision & Regulation Department serving in a number of leadership roles including the Vice President/Division Leader over the Risk Specialists Division, Large Bank Supervision and Regional/Community Banking Supervision groups. Before joining the Chicago Federal Reserve, he was a Vice President with Barclays Bank, PLC for seven years in credit risk and business development roles. Dick is an active member of Linfield’s Business Advisory Council and a Michelbook Country Club Board Member.
Malek started teaching at Linfield in 1985 and currently teaches BNMK Marketing 321. He has a broad industrial background working in different business areas that include engineering, manufacturing, information technology, healthcare management, business development, marketing and executive management consulting. He held management positions at Owens Illinois, Tektronix, Sequent, Oracle and IBM.
Malek has worked (self-employed) for several years as a senior management consultant helping companies in solving their business related problems and in transforming chaos into order. He has strong planning and management skills complemented with a thorough technical and analytical background.
Peter recently joined the Business Department as an adjunct and currently teaches BNFN 447: Investments. He has an 18 year career in the financial services industry originally starting as a trainee in one of Wall Street’s top programs with Merrill Lynch.
Prior to leaving Merrill and founding AndersonFisher, LLC. (dba Human Investing) Peter was one of the youngest Directors in the country and oversaw the #1 branch office in a region ranging from Alaska to Guam. He currently serves as the firm's Managing Partner, Chief Compliance Officer, and is a voting member of the firm’s Investment Committee.
Peter serves on the board of Mentors 360 and the national board of The Climate Trust where he sits on the executive committee. While not doing board work or spending time at Human Investing, Peter lives on a small farm south of Portland with his wife (Linfield Alum) and four children.
Russ Paine joined the Linfield faculty in 2010, where he teaches International Management, Contemporary Business, Management and Sales/Sales Management.
Russ brings 30 years of technology manufacturing experience in all areas of operations and sales to his teaching career. He contributes a strong understanding of international business and management abilities across the value/supply chain. Mr. Paine has contributed to growth in both Fortune 500 as well as smaller organizations. He has been a management member in six different organizations, which expanded operational systems and grew sales - Robert Bosch Corporation, Floating Point Systems, Precision Castparts Corporation, Maxtek Components Corporation (Tektronix), Wygant and Future Technology Devices International.
Alex Russell, CFA, joined the Linfield faculty in 2014, where he teaches BNFN 443: International Finance. Alex is the Head of Research for Bates Group LLC, an independent advisory firm located in Portland, OR. Russell manages the production of research reports involving equity, fixed income, and structured product markets, as well as the general economy. He frequently contributes his own research in the aforementioned areas, with a particular focus on global economic issues. He has a decade of experience in the asset management, advisory and management consulting industries. Alex is a member of the CFA Society of Portland, and a regular contributor to various media publications.
Faculty Showcase Oregon Wine Business Research, Connect with Linfield's Semester Abroad Program in Germany
In June and July, Sharon Wagner, Chair of the Business Department, and Lisa Weidman, Associate Professor in the Mass Communication Department travelled to Germany to present their research on the Oregon wine industry at the Academy of Wine Business Research Conference in Geisenheim. Their paper, Reputation Management on the Internet: Content and Impact of Oregon Wineries' Websites and Facebook Pages, was the result of a study sponsored by a Linfield Center for the Northwest CERC Grant that included four student researchers: Kathie Byers, Katelyn Henson, Ashley Streich, and Shelby Vandebergh.
While in Germany, Sharon and Lisa also visited with faculty, staff, and students at Nürtingen-Geislingen University (NGU), an institution with which Linfield's Office of International Programs recently established an exchange program. The first exchange students from NGU will arrive at Linfield during the 2014-2015 academic year.
Business Faculty Share their Research and Expertise: Spring 2014
Denise M. Farag presented The Adoption and Use of Clickers in Legal Studies in Business Education: A Status Report, Pacific Northwest Academy of Legal Studies in Business Annual Meeting, Vancouver, B.C., April 24-26, 2014 (co-presenter, Susan Park).
Michelle Nelson presented Principles of Marketing Class: Designing a Program that is Effective and Efficient from Exams to Final Presentations at the 2014 Marketing Educators' Conference, April 2014, in San Jose, CA (co-presenters: Frank R. Veltri, University of Oregon, Catherine T. Atwong, California State University: Fullerton, Gregory S. Black, Metropolitan State University of Denver, and Sohyoun Shin, Eastern Washington University).
Sharon Wagner presented Communicating the Good Life: How Oregon Wineries Use Facebook to Connect with Consumers at the International Communication Association Conference, May 24, 2014 in Seattle, WA (co-author, Lisa Weidman).
2014 Student Awards Announced
Eight outstanding students from the Department of Business were selected to receive the 2014 Department of Business Awards. The Academic Achievement Award is presented in recognition of outstanding academic achievement. The Harold C. Elkinton Award commemorates the founder of the Business Department, and is awarded to a graduating senior on the basis of high academic achievement in conjunction with active contributions to the Linfield community. The Business Faculty Award is given to a rare graduating senior who excelled in the classroom and has made an additional, unique contribution to Linfield. Oregon Society of C.P.A.’s Outstanding Accounting Student Award is provided to the outstanding accounting graduate based on scholarship and potential for contribution to the public accounting profession. The Outstanding Finance, International Business, Management, and Marketing Student awards recognize an exceptional graduating senior in each of these majors. Here are the awardees:
Academic Achievement Award: Erin Harris
Harold C. Elkinton Award: Natalie Minniti
Business Faculty Award: Kathie Beyers
OSCPA Outstanding Accounting Student Award: Tylor Edison
Outstanding Finance Student Award: Jay Cedargreen
Outstanding International Business Student Award: Katherine Allison
Outstanding Management Student Award: Jessica Calderon-Duyck
Outstanding Marketing Student Award: Whitney Weber
Congratulations to Dr. Virlena Crosley
Virlena Crosley has successfully defended her dissertation and on April 30, 2014 was conferred with a Doctor of Business Administration degree from the School of Business at George Fox University. Her dissertation was titled Empirical Study on the Relationship between Ethical Leadership and Organizational Climate of Innovation. Virlena joined Linfield as a visiting assistant professor in 2011. She teaches management, HR management and strategic management.
College Day at R.V. Kuhns & Assoc.
On March 14th, another group of Finance majors took a trip to R.V. Kuhns & Assoc., an investment advisory firm in Portland. It was a tremendous experience as students learned technical information about mutual fund performance measurement and analytics as well as investment manager research. The students were additionally challenged with an asset allocation simulation game, which Michael Pellatz won (movie tickets) by designing a portfolio combining domestic and international equities, fixed income, and hedge fund securities to maximize return relative to risk. A cadre of Linfield finance alumni gave presentations, including Heidi Goertzen, Associate Consultant, 2003; Cole Bixenman, Senior Investment Analyst, 2011; Wil Hiles, Investment Analyst, 2012; and Kasey Kuenzli, Senior Manager Research Analyst, 2008. When asked about the trip to RVK, senior Michael Pellatz responded, "It was a wonderful trip. I think it would be a great place to start a career for Linfield Finance grads." Overall, it was a very successful day that left many students feeling optimistic about their future in the industry.
Finance Majors Visit Portland Investment Firm
At 3:15AM, on February 28, 2014, Linfield’s Finance majors, led by Professor Madeleine Romero, departed campus to partake in an early morning institutional equity research meeting at DA Davidson, a full service investment firm located in Lake Oswego. The students gained insight into a typical day in institutional research, institutional sales, investment banking, and additionally had the opportunity to experience the excitement of the equity trading floor at DA Davidson. The day was hosted by Ben Pappas, Vice President & Chief Operating Officer, Equity Capital Markets, a 2004 Linfield graduate. Senior and junior executives in the firm shared their valuable knowledge, insights, and experience working in the various sectors of the industry. Evan Wingren, a Research Associate at Davidson and 2012 Linfield finance alumnus, discussed his research work and gave advice to the students on the opportunities and challenges in the investments industry.
“This was a very memorable experience and it was great to see what it was like to work in the investment banking firm.” Claire Hann, finance major ’14.
Alumni Panel Discussion
On February 25, 2014 Linfield's Delta Mu Delta (DMD) chapter, a business honors society, hosted a panel of four Linfield alumnae who shared with current Linfield business students their career experiences, insights, and advice. Katherine Allison, Linfield Chapter DMD President (standing left), introduced each panelist with a 'fun fact' as they shared their post Linfield graduation journey…how they discovered their passion and followed it to their current positions.
Panelists included (seated l to r): Joe Murray '08, Global Merchandising Manager NFL Apparel, Nike; Samantha Lau '12, Marketing Coordinator, Rex Hill/A to Z Vineyards; Brenna Patterson '12, Sales Administrator/Export Sales, Ponzi Vineyards; and Peter Fisher '95, Partner, Human Investing. Those who attended left with new insights on job search strategies and some great new connections at these companies!
Lunch & Learn Session Explores Social Media in Small Business
On February 19, 2014, Lisa Weidman presented "Using Social Media to Promote Your Business", as part of Linfield's Lunch & Learn series with the McMinnville Chamber of Commerce. Lisa outlined a strategic approach to the use of social media. She spoke about the importance of identifying objectives for social media use, developing effective content and posting strategies, and using analytics to assess the impact of social media messages. Lisa is an assistant professor in the Mass Communication Department at Linfield, where she teaches and conducts research in the area of public relations.
Oregon Mutual Insurance Sponsors the Lunch & Learn series for local business professionals. The next presentation will take place on April 19, 2014. Virlena Crosley and John McKeegan will speak about general and legal aspects of HR for small business. All Lunch & Learn sessions are held at Oregon Mutual Insurance in McMinnville.
Business Faculty Share their Research and Expertise: Summer/Fall 2013
Denise Farag presented: The IRS whistleblowing act: Room for improvement at the Academy of Legal Studies in Business (ALSB) International Conference in Boston, MA.
Mike Jones presented IQEX: International reciprocity in licensing at the Northwest Accounting Research Group (NWARG Conference in Leavenworth, WA.
Sharon Wagner presented The leadership development portfolio: A tool for enhanced reflection and assessment at the Academy of Management Teaching and Learning Conference in Orlando, FL, Regional reputation of Oregon wines: Industry, consumer, and trade perspectives at the International Conference of the Reputation Institute in Barcelona, Spain, and The Oregon wine story: A mixed-method study of regional reputation, at the Academy of Wine Business Research Conference in St. Catherines, Ontario, CA, and published "CEO succession: A help or hindrance to corporate reputation?" in Corporate Reputation Review, 16(3).
Working Paper Series Launched
The departments of Business and Economics at Linfield have launched a new Working Paper Series aimed at cultivating and communicating ideas. The interdepartmental publication, intended to showcase and stimulate faculty research, is a collection of working papers which may include teaching notes, preliminary research findings or drafts of larger studies. The series will be distributed as a document and posted in Linfield's Digital Commons. Comments will be invited and encouraged.
Organizers hope the working papers will generate discussion among faculty, according to Malcolm Greenlees, Glenn L. and Helen S. Jackson professor of business.
“Bringing research and ideas together in one collection will keep us informed of the development work of our colleagues,” said Greenlees.
Eric Schuck, professor of economics, added, "The series will also provide a publication outlet for student-faculty collaborative research efforts."
Sport Management Minor Is A Popular Choice for Linfield Students
A new interdisciplinary Sport Management minor launched just last year is proving to be quite popular with students. Members of the Business, Economics, Philosophy, and Health, Human Performance, and Athletics departments proposed the new minor, which is housed in Business and administered collaboratively among the involved departments. The program was designed to allow students to obtain theoretical knowledge from a variety of fields and apply it to the study of sport management.
Five students have already graduated with the Sport Management minor, and 33 students have declared it as their minor. Over 60 students are signed up to be on the Sport Management group e-mail list so that they can receive information about the minor and sport management related information.
Students interested in the Sport Management minor are encouraged to connect with the faculty coordinator, Denise Farag (Business), or with one of the other faculty advisors--Randy Grant (Economics), Jesus Illundain-Agurruza (Philosophy), and Garry Killgore (HHPA).
Photo taken by Brad Thompson.
Linfield Business Department Launches Lunch & Learn Series
Oregon Mutual Insurance, the McMinnville Chamber of Commerce, and the Department of Business at Linfield College are partnering to present a series of Lunch & Learn sessions for local business professionals. This series is the brainchild of Oregon Mutual Insurance President and CEO and Linfield Business Advisory Council member Brian Steffel. The first presentation in the series was delivered by accounting professor Malcolm Greenlees on November 20, 2013 on the topic of “Guerilla Accounting”. The next session is scheduled on February 19th featuring Lisa Weidman on Social Media and Business Promotion. All Lunch & Learn sessions are held at Oregon Mutual Insurance in McMinnville.
Panel of Business Professionals Discuss Ethics and Values
The panel discussion, "The Next Steps: How to Get Started in Your Career", held on November 6 in TJ Day Hall was a resounding success! The panelists consisted of five senior and junior investment and accounting professionals, three of whom were Linfield grads. Fifty-seven Linfield students attended the event. Greg Sherwood, President & Chief Investment Officer of Quest Investment Management, led the panel. Other panelists include Mark Wickman, a partner in Wickman Paterson Corrigan Advisory, and Linfield Basketball Hall of Famer, with both a Bachelor's and a Master's degree from Linfield; Peter Fisher, a partner in Human Investing, All Conference Linfield football player and Economics graduate; Joe Seifert, tax manager at Delap LLP, defensive tackle for the Linfield 2004 National Championship team, and Accounting graduate; and Kellen Batson, audit associate for KPMG LLP, and Accounting/Finance graduate from University of Portland.
The panelists speak regularly at colleges and universities in the area as part of Mentors360, an organization dedicated to developing mentoring relationships between students and professionals to facilitate professional growth and value development. The panelists spoke about their professional lives in a large panel setting, and then led small discussion groups addressing students’ individual questions ranging from career advice to how ethics and values shape critical decisions along the way. The event was coordinated by finance professor Madeleine Romero.
“The career event in TJ tonight was a really cool and helpful opportunity! I really learned a lot from all of the guests - especially the recent graduates and how they managed to land a job after college.” - Jenna Elkjer, junior finance major
“The panel was amazing! It was very reassuring to hear that ultra-successful men in the industry did not know exactly what they wanted to do upon graduation. It was even more heartening to see that they are genuine people who made it to the top by putting people first, and doing the right things.” - Nick Popma, senior finance major
Professor Mike Jones Honored by Linfield College
Harold C. Elkinton Professor of Business Mike Jones was honored by Linfield College as the 2013 recipient of the Edith Green Distinguished Professor Award. This award recognizes sustained excellence in the classroom, commitment to the intellectual growth and academic success of students, professional contributions outside the College, and creative work to enhance Linfield’s commitment to academic excellence. Professor Jones was noted for his excellence as a teacher, his commitment to students as an advisor and mentor, and the impact he has made on hundreds of students and alumni during his distinguished career at Linfield.
2013 Student Awards Announced
Seven outstanding students from the Department of Business were selected to receive the 2013 Department of Business Awards. The Academic Achievement Award is presented in recognition of outstanding academic achievement. The Harold C. Elkinton Award commemorates the founder of the Business Department, and is awarded to a graduating senior on the basis of high academic achievement in conjunction with active contributions to the Linfield community. Oregon Society of C.P.A.’s Outstanding Accounting Student Award is provided to the outstanding accounting graduate based on scholarship and potential for contribution to the public accounting profession. The Outstanding Finance, International Business, Management, and Marketing Student awards recognize an exceptional graduating senior in each of these majors. Here are the awardees:
Academic Achievement Award: Catherine Nakamura
Harold C. Elkinton Award: Julia Prow
OSCPA Outstanding Accounting Student Award: Joshua Mohr
Outstanding Finance Student Award: Karleigh Prestianni
Outstanding International Business Student Award: Jonathan Bosch
Outstanding Management Student Award: Ellyn Edwards
Outstanding Marketing Student Award: Taylor Vandecoevering
Business Faculty Member Denise Farag Appointed Co-President of PNALSB
Denise Farag has been elected Co-President of the Pacific Northwest Academy of Legal Studies in Business ("PNALSB"), a professional organization of business law professors from institutions in Alaska, Idaho, Oregon, Washington, and Western Montana, and from the Canadian provinces of Alberta and British Columbia. The PNALSB is a regional association of the Academy of Legal Studies in Business, the premier academic organization for
business law professors.
Denise will serve as the PNALSB representative to the ALSB House of Delegates at the annual ALSB conference in Boston in August, 2013. After she steps down from her position as Co-President in April 2014, Denise will assume the role of treasurer of the PNALSB.