International Business Strategic Plan, Mission, Goals ...webs.wichita.edu/depttools/depttoolsmemberfiles/worldtradecouncil... · International Business Strategic Plan, Mission, Goals

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International Business Strategic Plan, Mission, Goals & Outcomes, 2015+

Identifies benefits for Students of IB Majors/Minors from distinguishing, distinctive and differentiating characteristics that contributes to academic, study abroad & extra-curricular excellence at Barton School of Business at Wichita State

Preamble: Wichita –the air capital city – is richly endowed with over 350 companies in international business and is in close proximity to WSU. Wichita SMA is #1 urban/metro area in USA in its export ratio to state GMP and employment generated by international business. WSU’s CIBA & IB program in a strategic alliance with the WTCouncil through the years that has won US Dept. of Education BIE grants:

1. Built and advanced international Business Education (Major) & Minor with multi-disciplinary units on campus aided mainly by a series of USED/BIE Grant cycles (1987-2013); The 2003-2007 award cycle was selected as 25 best practices among the 25 year history of USED CIBERS & BIEs grants;

2. Built the infrastructure for the establishment of Center for International Business Advancement (CIBA); 3. Strengthened the strategic alliance with World Trade Council (WTCouncil), The Chamber and the business

community and enlarged outreach export seminars, country/company trade events with trained AIESEC/IBSA student engagement;

4. Built the first Kansas trade databank by conducting periodic research surveys [1988, 1992, 2004] to determine/update the “Kansas Export Profile, Problems & Prospects”, Results shared with companies, KDOC, USDOC, and partnership enabled the attraction of the US Dept. of Commerce satellite office to Wichita initially located on campus at Business School; and the Port-of-Entry -US Customs to Wichita, and assisted in establishing [M-A KS World Trade Center and Governor’s & Mayor’s Task Forces on trade & economic development.– all these efforts for agencies & companies assist promoting business/economic development;

5. CIBA-WTCouncil model has been identified by the Mayor’s Task Force as the ‘one-stop’ center for International Business education and practice;

6. CIBA-WTCouncil engaging AIESEC/IBSA students enjoys national recognition of wimningc2 prestigious US President’s “E” & “EStar” awards for export education & service excellence, followed by 2 US Congress awards

CIBA-WTCouncil type models of unique private-public sector centric partnerships are advocated by AACSB and meets the WSU and Barton School of Business mission. CIBA-WTCouncil model in 2015 marks the 40 year history to record conducting over 500 country/company reception, banquet keynote speaker trade events, 40 annual World Trade Week Trade Conferences & Banquets; and 350 industry visits attracting over 100,000 business executives; and over 150 export seminars attended by 12,000 company representatives. Over 10,000, executives have hosted visiting diplomats and trade dignitaries at on-site industry visits/consultations; More than 10,000 IBSA/AIESEC and IB students have been trained as staff/interns and over 15.000 students have participated in WTCouncil trade events and benefited from networking with business executives & visiting trade experts. Our IB graduates/alumni are employed as executives in a variety companies involved in importing/exporting, supply chains & logistics, multinational firms at home and abroad, and foreign companies investing in the United States as well as US/Wichita companies operating abroad. CIBA-USED/BIE Grant cycles and CIBA-WTCouncil business centric partnership has been an integral part in advancing the academic, research, student enrollment/engagement and professional service components.

Our Vision: In cognizance of Preamble, therefore, CIBA-WTCouncil linkage helps IB Major to sustain excellence with the above credentials and capitalize on the urban mission to serve effectively the students and business community in advancing knowledge and cumulative skills to perform as the best international managers and leaders to meet global competition both at home and doing business abroad; and ability to foster collaboration in a globalized world of emerging nations and markets by researching foreign market entry modes and supply chains beyond exporting in teaching, research and extra-curricular outreach/service components. Our Strategic Mission: The mission of CIBA/the International Business program in cooperation with CIBA-WTCouncil public-private centric partnership is to sustain excellence in the advancement and dissemination of knowledge and employability skills consistent with the needs of students, faculty, business, and society-at-large. CIBA-WTCOUNCIL provides an unique immersion experience for IB majors & minors to engage in IBSA (International Business Studies Association formerly associated with AIESEC-US, NY ) student organization, and CIBA-WTCouncil country/company monthly trade events, thereby exposing students to real-world business practices, networking and contacts with business executives to seek Executives Guest Lecturers, mentors, internships, and discuss career options and interviews for class-research projects.

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Comprehensive Curriculum with study abroad experience built with CIBA-USED/BIE Grants: CIBA is an amalgam of educational, research and service fostered by USED/BIE grant cycles that has enabled us to organize/conduct national Business School Curricula workshops with visiting expert professors. The last held in 2006 was co-sponsored by AASCSB, 21 CIBERS & BIEs and conducted by 28 textbook authors and expert professors in conjunction with EU 25 trade conference. CIBA-USED/BIE grants of 2003-2007 was selected in 2014 to be among the 25 best practices in the 25 history of USED grants. The CIBA-USED/BIE grants have enabled us to continuously upgrade the curriculum and the last grant assisted in introducing the study abroad component and sign exchange agreements with schools abroad. The WTCouncil has established the “Dr. Dharma deSilva International Business Scholarship/Study Abroad Endowment” at WSU Foundation to facilitate primarily study-abroad opportunities for IB majors/minors who are engagement in IBSA and CIBA-WTCouncil activities. In 2014-15 about 10 students @ $1000/-each can avail of study abroad opportunities. The IB major curriculum is developed on the recognition of that fact that business is globalized, subjected to the forces/influences of culture, economy, geography and politics on US business, customers, society and public policy. Every business is a global business in the 21st century. Whether you study marketing, management or entrepreneurship, accounting, finance or any other major, you need a sound understanding of the global marketplace, whereas:

The world has become borderless and smaller, a degree in international business prepares students to meet the professional challenges of doing business at home and abroad.

Technology is making the earth flat and trade is making the world borderless, and that means the opportunities are greater for emerging and established economies to co-exist.

Today’s managers essentially need to have a deep understanding of the different political, cultural, financial, marketing and management systems that drive international business activities in the United States and abroad.

As the global economy continues to expand with emerging nations and integrated supply chains across international borders, the demand for international business education is higher than ever and expected to increase, correspondingly the need for employability skills in management graduates.

Key Objective of International Business Program: The objective of the innovative international business major is to prepare students for the increasingly competitive and inter-dependent international business world. There is a growing need for American business school graduates to be better informed about how to compete and do business outside the U. S. as well as in the U. S. market where much of their competition is from foreign firms. Students need to understand how international business practices and culture/customs differ from those in the U. S. in doing business with foreign counterparts in US ventures as well as operations abroad, which they learn in real-world applications by attending unique CIBA-WTCouncil joint efforts/events and seek mentors, networking and professional contact with business executives and visiting trade dignitaries. Overall CIBA-WTCouncil Sustainability Goal:

(a) Towards sustainability, strengthen IBSA/IB student engagement with assistance of faculty and CIBA-WTCouncil’s private-public sector centric partnership. This unique and prominent student-life enrichment co-curricular activity, experienced through affiliation with AIESEC-US model through the years, to develop managerial and leadership skills, seek networking, mentoring, and internships for job opportunities. The engagement of students with CIBA-USED/BIE projects since 1987 to 2013 has seen the major enrollment increases to maintain growth trends. Faculty Advisors responsible are, Dr. Masud Chand, Barton Distinguished Chair (to be appointed) and Dr. Dharma deSilva, Dr. JenChi Cheng and Lecturers Kate Kung-McIntyre & Brian Rawson.

(b) Marketing the IB Major/Minor at BSoB, WSU to increase by 25% a year during 2015-2020: With the availability of resources to offer USED/BIE initiated courses, it is essential to market distinguishing, distinctive and differentiating contributes to academic, study abroad & extra-curricular excellence at Barton School of Business, Wichita State University. It is urgent to fill Barton Professor immediately, add at-least two faculty positions, two adjunct lectures (equity, consistent policy with similar Centers & Majors as students need the best IB education as the only Board of Regents approved major in Kansas) to implement USED/BIE grant initiated continuous curriculum/courses to offer a state-of-the-art IB education, research & outreach as leading B-Schools with USED CIBERs/BIEs. Perforce, these best practices along with study abroad $1000/- scholarships at PAU, FHW-B etc; extra-curricular activities of professional development via BIG scholars consultancy project IBSA student engagement with CIBA-WTCouncil are the recruitment tools to be used at high-school visits and other on-campus orientations.

Specifically Resource Requirements to Enhance Quality of IB Education & Practice (a) To meet the planned progressive increase in enrollment form 25%-40% during 2015-2020, several changes are

needed. This demands much needed continuous curriculum development and new pedagogies/learning innovations to meet market demands and students’ employability skills. Urgent attention is critical to implement this plan, we need additional faculty resources (as stated above urgently fill Barton Professor, add atleast one faculty position, two adjunct lectures) and/or joint appointments or team-teaching across Depts./disciplines or part-time industry experts to teach USED/BIE grant initiated new courses like International Trade Law; International Accounting & Taxation; International Human Resources & Global Skills/Talent Sourcing; Global Supply Chains & Logistics; Cross-

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Cultural Communications & Negotiations; Specialized Study in Regional International Business (alternative regional courses) Doing Business in Asia Latin America and Africa (with China & India as economic powers and competitors in manufacturing & business information technology respectively). Business Careers & Skills in the Global Economy (1 CH) Course outlines job search essentials for business careers in a global economy. Business networking, interviewing, and career planning with an international focus.

(b) At the current level of activities, the present half-time Administrative Coordinator for the CIBA-USED/BIE grant trained and worked with AIESE/IBSA and IB Students in the engagement conduct and participation in CIBA-WTCouncil jointly sponsored country/company trade events with the Director & Associate Director of CIBA. Faculty volunteered time fostered the university-business/industry strategic alliance which is a successful unique model of public-private centric partnership nearing 4 decades (1975/76-2014/15) and outreach. However, faculty cannot be expected to donate major volunteer time as in the past. Moreover, 25-40% increase in enrollment, faculty/student engagement with CIBA-WTCouncil business centric partnership and CIBA-WTCouncil sustainability will require funding for a full-time Administrative Coordinator.

Outcomes/Careers: Graduates of the WSU International Business Major should be able to: 1. Analyze how socio-cultural, economic and political paradigms impact on issues/phases in international business

strategic planning and operations in MNCs. SMEs and new-to-exporting Entrepreneurial firms. 2. Work in cultural diversity teams, use critical thinking to analyze and solve problems and effectively communicate

issues pertaining to international business operations. 3. Utilize written and oral communication/negotiation skills to effectively analyze/synthesize economic, trade, and

financial information with an emphasis on doing business transactions across cultures 4. Evaluate nature, significance and context of best market, trade and investment opportunities and advice senior

management leadership to avail of various multi- and bilateral RTA/FTA agreements. 5. In the above context: Apply technology to analyze problems, develop business analyses and recommend strategies

that relate to advancing international business management, marketing and finance in more foreign market entry modes than exporting in FDI, Licensing, Franchising, Countertrade, etc.

6. Develop and improve a range of skills in communication, critical thinking, Information technology, numeracy/statistical assurance, and teamwork with-in the firm and supply chain vendors.

7. Meet professional role models and potential mentors who can provide guidance, feedback, and expand on executive relationships/contacts experienced via WSU/CIBA-WTCouncil business centric linkage.

8. Develop a positive attitude & solid work ethic and professional demeanor, cultural diplomacy & etiquette, as well as a commitment to ethical conduct and social responsibility in business ventures at home and abroad.

Essential Skills that Students should develop while majoring in International Business:

See for a comprehensive list of multi-country skills in the Fulbright Senior Specialist Report by Dharma deSilva “Business Looking for more than a Quality Major in Graduates”, Financial Times Insight Ceylon Today, Juky 2014

Typical Positions/Areas in International Business include:

• Bilingual Educator • Foreign Trade Consultant/Specialist • Business Analyst & Development • International Account Representative •Compensation/Benefits Administrator • International Bank Manager • Freight Forwarder/Customs Broker • International Economist • Entrepreneur & SME Entrepreneurs • International Finance Officer • Export Sales Representative • International Tax Accountant • Foreign Affairs Specialist • Jobs/Global skills Analyst Global Marketing Global Supply Chains & Logistics

•Integrative thinking (politics, economics, trade, geography, culture, sociology, etc.)

• Possess good human relations skills

• Creative thinking • Lead and participate in diverse teams • Analytical skills • Problem-solving • Flexibility & adaptability • Computer literacy • Cultural aptitude • Decision-making • Development of cultural understanding & sensitivity • Time management • Understanding cultural diversity • Possession of sound global business knowledge • Communicating between cultures • Ability to travel and – benefit from study abroad • Demonstrate foreign language proficiency • Marketing Strategy in a global context •Oral &written communication including reading/writing another language

• Marketing Planning & budgeting

Positive Attitude & work ethic and professional etiquette, • Interested in management of people/ activities as a career

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Job Titles of CIBA-WSU Recent IB graduates with International Business Majors:

1. Entrepreneurs & Entrepreneurial SME’s 2. President/Managing Director/General

Manager of Foreign based MNC’s in US Affiliates

3. Directors and Managers of affiliates abroad for US/Wichita Firms

4. Bilingual Educator and Interpreter 5. IB Consultant/Global Business Analyst 6. Human/Talent Resources Specialist 7. Compensation/Benefits Administrator 8. Corporate Trainer 9. Foreign Exchange/Currency Dealer 10. Customs Broker 11. Freight Forwarder 12. Customs Inspector 13. Export Sales Representative 14. Foreign Affairs Specialist/Foreign Service

Officer 15. Foreign Trade Consultant/Specialist 16. Global Sourcing (Procurement) Specialist 17. Import/Export Administrator/Specialist 18. International Account Representative 19. International Insurance Appraiser 20. International Bank SVP/Manager 21. International Business Development Manage

r 22. Purchasing Analyst /International Buyer 23. International Commodities Trader 24. International Business Consultant 25. International Economic Analyst

26. International Finance Officer 27. International Financial Analyst 28. International Loan Officer 29. International Marketing Specialist 30. Social Media Advertising Specialist 31. International Media Planner 32. International Product/Brand Manager 33. Global Supply Analysts/ GSC Management Managers 34. International Real Estate Broker/Agent 35. International Tax Accountant 36. International Sales Analyst 37. International Stock Broker 38. International Trade Specialist for State Governments 39. International Travel Consultants 40. Expatriate Job Analyst 41. Global & Cross Cultural Management Specialist 42. Foreign Market Entry Research Analyst 43. Global Retail Manager/Global Brand Director 44. Export Management Company 45. Export Trading Company 46. Multinational Corporations – USA and Non-USA 47. Organizations operating in the international arena

(e.g. Agency for International Development, U.S. Dept of Commerce, U.S. State Dept)

48. International Institutions (e.g. United Nations & Agencies; International Monetary Fund, World Bank)

49. International Nonprofit Organizations (NGOs) 50. Regional Institutions and Corporations (e.g. Inter-

American Development Bank, Asian Development Bank)

Future Challenges for the International Business Profession As the world becomes more of a global village and trade barriers are eased, there will be an increased need for professionals who can service an international clientele in terms of understanding international business and marketing, international law, and international trade and finance. As goods move across national borders with greater ease, negotiation and government regulation will increase the need for personnel with specialized expertise in international business ventures, financing techniques, and language skills. Although opportunities will increase, competition will be high as an increasingly educated global workforce vies for international positions around the world with foreign nationals. The world is shrinking. Especially for business, global is the new norm. The opportunity to tap dynamic foreign emerging markets has magnetic appeal. Even for a large economy like the United States, foreign markets represent 80 percent of the world’s purchasing power, 92 percent of its economic growth, and 95 percent of its consumers. In the United States, entrepreneurs and their firms have played a big role in the boom in trade over the past few years. SMEs continued to expand their share of U.S. merchandise exports to a 33 percent in 2011. Still, this is just the tip of the iceberg. A record 302,000 U.S. companies exported in 2011, and 97 percent (295594), of them were small and medium-sized entrepreneurial companies, — but that’s just one in every 100 U.S. SMEs. When including large US firms as well, US trade total over $2 trillion annually. But this is only the beginning, as only a small fraction of all US firms already export. The growth opportunity is hugs for entrepreneurs. In addition, US firms have directly invested $5 trillion overseas. SME Responsible for 33% of goods’ exports. Of firms engaging in trade, 83,050 both exported and imported merchandise in 2011. Of these, 78,590 (or 94.6 percent) were SMEs. Accounted for 97 percent (178,820) of identified importers in 2011. (See more at: http://www.sbecouncil.org/resources/going-global/#sthash.9dj7zzuF.dpuf) What does this mean for you? In years to come, U.S. jobs related to international business [IB] will multiply, particularly in fields such as international sales and business development, supply chain management, logistics and transportation, international marketing and customs brokerage. Demand for

http://www.quintcareers.com/majors/international_business.html



http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

http://data.worldbank.org/indicator

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graduates with these skills is high and growing rapidly. International entrepreneurship among small and medium-sized enterprises (SMEs) is a topic of considerable relevance, principally owing to the observed growth effects of cross-border and foreign market entry modes beyond exporting. Right now is the perfect time to research business opportunities abroad! aryl 96 percent of consumers live outside the U.S. There is a significant opportunity for small businesses to profit through exporting, but entrepreneurs need to go where the customer are. The Top 6 Employment Fields: first 3 professional fields have most IB job offers. 1. International Supply Chain Management, Transportation and Logistics: Professionals in this field are

responsible for getting a product from point A in one country to point B in another country, in a safe and efficient manner. This is a detail- and customer- oriented career in a fast-paced, high-pressure work environment.

2. International Sales and Business Development: Professionals in this field are responsible for bringing in new international clients and growing relationships with existing clients. Language proficiency, cultural sensitivity, social and cross-cultural communication & negotiation skills are essential.

3. International Marketing: & Modes of Entry Professionals in this field conduct international market research, lead new product development for international markets, manage global or local lines of products and decide which marketing policies (such as product features, packaging, pricing, promotion/communication, distribution) must be adapted to local conditions especially G20 big emerging markets.

4. International Entrepreneurship: Professionals in this field work for an international Small/Medium-sized business as a manager; or launch their own international business venture, as an entrepreneur.

5. International Finance: Professionals in this field may work on international aspects of the banking sector, such as currency exchange or international payment methods for the bank’s corporate clients involved in international business.

6. International Economics: Professionals in this field share combined IB and Econ sills in UN agencies, WTO, UNIDO, ILO; US/AID, Department of State/ USCOC & State Agencies; or act as consultants on international projects in international organizations, government agencies, or non-governmental organizations.

These professional fields in IB happen to be a perfect match to our list of IB professional majors/concentrations in the IB major curriculum. Our program is driven by the needs of employers and trends in the job market experienced though USED/BIE grants.

Note: See information on career options in the US Department of Labor’s Occupational Outlook Handbook

Networking and contact with USED Portals for CIBERs & BIEs provide an opportunity to benchmark International Business programs with other leading business schools and facilitate sharing of best practices in international business education & practice.

A Double Major assures success in employment seeking multifaceted skills.

In addition to receiving a strong international business education, students are also required to complete a second major as advocated in leading Business Schools. This additional major/concentration helps students develop specific functional skills that enhance their effectiveness as business professionals to be successful in a globally competitive marketplace. Similarly study abroad, internships and engagement in co-curricular activities are strongly advocated by AAC SB type accreditation agencies and leading IB education providers.

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International Business Studies (Student) Organization (IBSA-WSU): Student Engagement The Center for International Business at the Barton School of Business offers all majors at WSU, management development & leadership building opportunities through International Business Studies Students Association (IBSA) with AISEC and CIBA-WTCouncil affiliation. IBSA members, taking an IB Major/Minor are eligible to CIBA-WTCouncil $1,000/- study abroad scholarships. International Business Studies Students Association — Multicultural dialogue among students in IB and all majors, and international business professionals via the CIBA-WTCouncil strategic alliance in collaborating to conduct monthly country/company trade events. International Business students have opportunities to other professional engagement in:

AIESEC-NY affiliation and/or other national student organizations The Consortium of Undergraduate International Business Education (CUIBE) American Marketing Association — Premier marketing association for students and professionals Beta Gamma Sigma — an honorary fraternity for premier business students Delta Sigma Pi — a professional fraternity to foster the study of business Kappa Beta Delta — recognize scholarship and accomplishment in business and management SIFE — Students in Free Enterprise, the world’s best-known and most successful program helping

university students to create community empowerment projects, has changed its name to Enacts to reaffirm its long-standing commitment to using entrepreneurial action as a catalyst for progress.

Student Toastmasters — focus on building leadership and public speaking skills Academy of International Business, Academy of Management & other professional academic

associations

Why you should take the Study Abroad requirement: Invest in Your Future While on study abroad, you will:

Explore local culture through activities and excursions to sites of cultural importance in and around the university, city and the country and take trips to nearby countries en-route as time permits

Visit a number of companies and trade agencies/organizations in international business

Develop intercultural competency skills via networking opportunities during your study and stay abroad.

Studying abroad is a fantastic opportunity to gain an insight into a global business dimension, cultures and languages of the individual markets USA deal with. The common theme of returning study-abroad students is “it is life changing experience”. To succeed in today’s global economy, business professionals need international fluency! Study abroad is a key tool for building your portfolio of international business skills! Studying abroad exposes you to comparative business practices, and your ability to take risks and compete in an international business environment. Students who return from study abroad programs have an expanded worldview that international companies look for in a candidate. Explore the many opportunities International Business Major & CIBA-WTCouncil Programs has to offer, and take your next step toward your own study abroad experience today!

Why should you take INTERNSHIPS?

Resume-booster: According to a recent employer survey in The WSJ, internship experience is the #1 selection criterion (before even GPA or major) employers look for when considering a job applicant.

You will be able to apply and grow your business skills in an international professional context. Internships Lead to Jobs. Ideally, undergraduate students in management

studies should have the opportunity to experience a structured, B-School approved undergraduate internship during their period of study. Internships will help you build a network of contacts in your chosen industry and expose you to potential hiring decision makers.

However, you also need to demonstrate that you are motivated and self-reliant with good people skills. Employers will be very impressed if you can show you have the following abilities, which you can acquire and strengthen during internships:

Good team work skills and the ability to support and how to lead other members of a team.

The ability to also work alone and use your initiative to make important decisions.

http://www.cuibe.net/index.php

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Show you are proactive – employers like workers who always come to them with solutions rather than problems.

Excellent interpersonal skills – demonstrate you are a good talker, listener, adviser and communicator.

Customer focused – if you will be working with customers, show that you care about them and that you can empathetically tailor your approach to meet their personal needs.

Flexible – explain how you will be willing to work outside of your job description and usual hours to meet company needs.

Time Management– employers lose money if you are late for work or constantly miss deadlines, be punctual. meet tight deadlines

With the series of USED/BIE Grant (1987-2013) initiated innovations, a dynamic curriculum of relevancy & currency is planned on par with USED CIBER & BIE models, and resources are gradually added to accomplish:

Comprehensive and competitive program led by a renowned Barton Professor and Professor & Director CIBA, and international business faculty from multidisciplinary units on campus;

Completion of internationally relevant classes selected from the AACSB ‘Core’, WSU general education courses;

Completion of leading-edge international business curriculum compared w/ top CIBER/BIE schools

Completion of a second business major and/or minor

Completion of multiple level language courses

Completion of culture/area studies component

Completion of at least one semester/summer study-abroad through partner university exchanges;

Collaborate as a IBSA student organization member opportunities to avail student-life enrichment by extra-curricular activities like CIBA-WTCouncil events ‘ participation where student seek mentors, networking, internships and learn of best practices in international business operations and best market prospects abroad.

Appendix – A 40 YEAR HERTIAGE & ACCOMPLISMENT HIGHLIGHTS.

CIBA-WTCouncil Business Community Strategic Alliance and Public-Private Sector Centric Relationship to

WSU/Barton School’s Urban Mission Resultant Benefits/Outcomes from CIBA-WTCOUNCIL Administration & Operations at WSU 1. The WTCOUNCIL Executive Board functioning as the Advisory Council was instrumental in providing data

to assist needs assessment and letters of support, and in signing the ‘agreement’ mandated by US Congress that enabled CIBA-WSU to win competitive USED/BIE grants during 1987-1992 & 2003-2007 and 2010-2013.

2. The resultant exemplary accomplishments have been recognized by USED Washington officials to invite the Director to present the CIBA-WTCOUNCIL USED/BIE project activities as best practices at USED Directors’ meetings in Canada with AIB [2005], Florida [2006] and St Louis [2007]; and in October 2007 presented “CIBA-WTCOUNCIL Linkage: An Innovative Strategic Partnership” at the Mid-West Business Deans Meeting, 2014 recognized as among the 25 best practices in 25 history.

3. During the 1987-1992 USED grant period expanded activities resulted in two successive US President’s “E” and “E Star” awarded for professional export education and service excellence. The only campus based CIBA-WTCOUNCIL operation in the country to be bestowed with these prestigious awards and in 2006 another award from US Secretary of Commerce.

4. Assisted in the needs assessment for the establishment of the International Business Major. 5. Center for International Business Advancement & support USED/BIE grants ’agreement’ activates. 6. After the USED/BIE grants the International Business Major has grown to over 150 students and maintains

its steady growth to became one of the largest enrollments among Barton School majors 7. Build the first Kansas trade databank by conducting periodic research surveys [1988. 1992, 2004] to

determine the “Kansas Export Profile, Problems & Prospects”, Results shared with companies, KDOC, USDOC.

8. By 2013 CIBA-WTCOUNCIL unique and historic events focusing on World Trade Weeks - MECOSUR [2002], NAFTA [2003], ASEAN-10 {2004], EU-25 [2006] with the largest delegations of diplomats in Wichita in conjunction New developments in Internationalization & Business Curricula Symposium/Workshops in nine

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AACSB core and B-School functional areas. This was conducted by 28 Experts & Textbook authors, sponsored by AACSB and 21 CIBERS & BIES funded by USED; and CIS-12 {former Soviet Republics in 2007]. The peer and participant evaluations averaged over 90% excellent.

9. WTCOUNCIL WSU. The Chamber and business community partnership enabled the attraction of the US Dept. of Commerce satellite office to Wichita initially located on campus at Business School and the Port-of-Entry to Wichita, and assisted in establishing M-A [KS] World Trade Center and Governor’s Committees.

9. Nearly four decades of this linkage records over 500 country/agency/company trade programs and over 125 export educational seminars attended by a cumulative total of 100,000 company executives and over 500 diplomats and trade specialists from countries and agencies visiting Wichita to present events and Wichita is on the Map in Washington DC and world.

10. 15,000 IBSA/AIESEC/IB students have assisted, served internships, trained as staff assistants in conduct of WTCOUNCIL events in the 39 year history;

11. By 2014, in addition to trained AIESEC and IB students, a total of 10,000 other WSU & other University students have attended monthly trade programs and seminars.

12. Through the years, these activities were only possible due to the participation of trained AIESEC and IB students as interns and/or student assistants.

13. Advice & assist AIESEC/IBSA student organizations; and to provide opportunities for students to be trained in the conduct of WTCOUNCIL activities; assist students to seek mentors; interviews for research projects, opportunities to explore career options.

14. Enhance learning opportunities for students via executive guest lectures invited to classes to share their expertise on company real-world best practices and IB case studies.

15. Established Dr. deSilva Endowed IB Scholarship in 2006 to continue support Scholarships/Internships and designed initially to assist IB study abroad ;

16. During the planning [2005] and implementation of the twin events – EU-25 and Business Curricula Symposium/Workshops [2006], Dean Beehler assisted in funding of .5 FTE Administrative Coordinator {Sherryl Hubble] for 3 years, in addition to supporting .5 funding a GA since 1998. Administrative Coordinator reappointed during 2010-2013 grant cycle and since grants ended President Bardo has continued to pledge $15,000 since 2013, 2014, 2015 and support CIBA-WTCouncil sustainability.

17. AACSB visits recognized the value of the CIBA-WTCOUNCIL to the Barton School and recommended a “greater priority, support and visibility” for the IB program [see VP’s letter Feb. attached]

Looking at the future, sustainability, and importance of globalization for WSU and Barton School MISSION/ Connection, and for continuity to enable the Director and the Associate/Assistant Director of CIBA to strengthen CIBA-WTCOUNCIL strategic alliance/linkage and operations, to attract grant funding and build on the infrastructure on earlier grants, it is of utmost urgency to have a Administrative Assistant, on a permanent basis to take responsibility and work with trained students [who are temporary]. Two Mayors and city officials who collaborate with us to host visiting delegations have often remarked, ‘how can you do excellent WTCOUNCIL programs with only student help?’ and have suggested that some ‘mill-levy’ funds be sought to support CIBA-WTCOUNCIL activities as it is relevant for business and economic development of Wichita/Kansas The WTCOUNCIL Board trust Dean’s funding support as in the past will continue.

18. See updated Benefits of CIBA-WTCOUNCIL to Stakeholders – WSU faculty & Students, City, State and Business Community

19. See Administrative duties involved with WTCOUNCIL operations on Campus expanded under USED/BIE grants since move to WSU from The Chamber that resulted in national recognition by US President’s “E” and EStar” awards for export education & service for professional excellence

20. The Executive Board of Directors of 33 company representatives are among the ‘Who’ in international Business and with 6 city/county, state/federal agencies also functions as the Advisory Council for CIBA-USED/BIE grants.

File:DdeS/IB Major Mission/Goals&CIBA-WTCouncil Iinkage 4.12.2015

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Appendix II- International Business Major Statistics/Information for Planning 2015+ GOALS FOR BENEFIT OF STUDENT RECRUITMENT/MAINTENANCE AND OFFER A STATE-OF-THE ART IB CURRICULUM BY IMPLEMENTING USED/BIE GRANT INITIATED ACADEMIC & OUTREACH

Source Office of Institutional Research Enrollment. I (CHAIR) receive pre-20th day enrollment figures on a daily basis. Below are yesterday’s figures for the university, and broken out for the b-school. These are not official so please do not share. Department enrollments are flat relative to spring 2014 (which had shown significant increases over prior spring) but there are differences by major.

BIS 210SP - SCH by Academic Division

Data Date: 2/2/2015 4:23:01 AM

Run: 2/2/2015 7:15:05 AM Semester Credit Hours Sections

Academic Division (Course-level) Spring 2014 Spring 2015 Diff % Chg Spring 2014 Spring 2015 Diff % Chg

Total 152,891 154,117 1,226 0.80% 3246 3273 27 0.83% Business 18,772 18,853 81 0.43% 211 211 0 0.00% Accounting 2,985 2,772 -213 -7.14% 27 25 -2 -7.41%

Accounting 2,985 2,772 -213 -7.14% 27 25 -2 -7.41%

Business Interdisciplinary 1,354 1,430 76 5.61% 18 15 -3 -16.67%

Bus Adm EMBA 90 -90 -100.00% 3 0 -3 -100.00%

Bus Adm MBA 99 186 87 87.88% 2 2 0 0.00%

Bus Administration 1,165 1,244 79 6.78% 13 13 0 0.00%

Economics 3,294 3,216 -78 -2.37% 40 42 2 5.00%

Economics 3,294 3,216 -78 -2.37% 40 42 2 5.00%

FREDS 4,697 4,690 -7 -0.15% 47 49 2 4.26%

Business Law 723 717 -6 -0.83% 6 6 0 0.00%

Decision Sciences 708 663 -45 -6.36% 4 7 3 75.00%

Finance 1,688 1,942 254 15.05% 19 20 1 5.26%

Mgmt Info Sys 1,356 1,245 -111 -8.19% 13 12 -1 -7.69%

Real Estate 222 123 -99 -44.59% 5 4 -1 -20.00%

Management 5,039 5,095 56 1.11% 57 59 2 3.51%

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e10 Business Mgmt 2,269 2,462 193 8.51% 24 26 2 8.33%

Entrepreneurship 1,080 987 -93 -8.61% 13 14 1 7.69%

Human Res Mgmt 477 395 -82 -17.19% 8 7 -1 -12.50%

International Business 1,213 1,251 38 3.13% 12 12 0 0.00%

Marketing 1,403 1,650 247 17.61% 22 21 -1 -4.55%

Marketing 1,403 1,650 247 17.61% 22 21 -1 -4.55%

Source: Steven Farmer (Chair), Department and school information, email Tue 2/3/2015 7:49 AM Note: The distribution of resource disparity among Majors of the same Department

1. Both IB & Entrep’h are in the same Dept – both have a Major, IB core course. Center and Outreach. The IB Majors/students need to be provided with the best curriculum to enhance skills and jobs, but compared to other majors, the resources allocated to IB need to be re-examined; see, for example the disproportionate resource allocation/use for very similar tasks/activity: A) IB has the lowest faculty ratio - with Barton Professor 3 T&P faculty plus One (.75 &.25 FTE) lecturer(s)

– i.e. One Professor & Director (fulltime Teaching, no release time), One Barton Professor (vacant not filled) One Asst. Professor and 1.00 FTE equivalent Lecturer(s) AND ½ time Staff (Admin Coordinator works with IBSA student engagement in CIBA-WTCouncil outreach).

B) Entrep’h faculty in the same Dept has with Barton Professor 6 T&P faculty plus 3 adjunct faculty – i.e. One Director (non-teaching), One Barton Professor, One Professor, Three Associate Professors and Three Adjunct Lecturers AND Three full-time Administrative/Supporting Staff.

2. USED/BIE grants - The mandatory requirement for federal grants set by the US Congress and was met by the Advisory Council of the Executive Board of the WTCouncil and Chamber. They serve well in every assistance for academic and outreach activity. Every WTCouncil Ex Bd monthly meeting, an agenda item focused on USED grant progress.

3.Both IB & Entrep’h are in the same Dept – both have a Major, IB core course. Center and Outreach. The IB Majors/students need to be provided with the best curriculum to enhance skills and jobs, but compared to other majors, the resources allocated to IB need to be re-examined; see, for example the disproportionate resource allocation/use for very similar tasks/activity: A) IB has the lowest faculty ratio - with Barton Professor 3 T&P faculty plus One (.75 &.25 FTE) lecturer(s)




5. WTCouncil Ex Bd has been the Advisory Counsel for grant cycles from 1987-1992, 2003 – 2007 & 2010 – 2013. USED/BIE Federal funds exceeded $1million and matching funds were contributed by WTCouncil ($25K -$30K to cover administration/office costs, AIESEC affiliation, IBSA student engagement, scholarships/internships) and Barton School ‘s support for administrative specialist ($15,000) and a GRA, now matched since grant termination by President Bardo’s pledge of $15.000/.- as support of CIBA-WTCouncil Sustainability. Both IB & Entrep’h are in the same Dept – both have a Major, IB core course. Center and Outreach. The IB Majors/students need to be provided with the best curriculum to enhance skills and jobs, but compared to other majors, the resources allocated to IB need to be re-examined; see, for example the disproportionate resource allocation/use for very similar tasks/activity: A) IB has the lowest faculty ratio - with Barton Professor 3 T&P faculty plus One (.75 &.25 FTE) lecturer(s)


B) Entrep’h faculty in the same Dept has with Barton Professor 6 T&P faculty plus 3 adjunct faculty – i.e. One Director (non-teaching), One Barton Professor, One Professor, Three Associate

6. Both IB & Entrep’h are in the same Dept – both have a Major, IB core course. Center and Outreach. The IB Majors/students need to be provided with the best curriculum to enhance skills and jobs, but compared to other majors, the resources allocated to IB need to be re-examined; see, for example the disproportionate resource allocation/use for very similar tasks/activity:

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A) IB has the lowest faculty ratio - with Barton Professor 3 T&P faculty plus One (.75 &.25 FTE) lecturer(s) – i.e. One Professor & Director (fulltime Teaching, no release time), One Barton Professor (vacant not filled) One Asst. Professor and 1.00 FTE equivalent Lecturer(s) AND ½ time Staff (Admin Coordinator works with IBSA student engagement in CIBA-WTCouncil outreach).


7. USED/BIE grants – The mandatory requirement for federal grants set by the US Congress and was met by the Advisory Council of the Executive Board of the WTCouncil and Chamber. They serve well in every assistance for academic and outreach activity. Every WTCouncil Ex Bd monthly meeting, an agenda item focused on USED grant progress.




9. USED/BIE grants – The mandatory requirement for federal grants set by the US Congress and was met by the Advisory Council of the Executive Board of the WTCouncil and Chamber. They serve well in every assistance for academic and outreach activity. Every WTCouncil Ex Bd monthly meeting, an agenda item focused on USED grant progress.









14. Both IB & Entrep’h are in the same Dept – both have a Major, IB core course. Center and Outreach. The IB Majors/students need to be provided with the best curriculum to enhance skills and jobs, but compared to other majors, the resources allocated to IB need to be re-examined; see, for example the disproportionate resource allocation/use for very similar tasks/activity:

Pag

e12








18. WTCouncil Ex Bd has been the Advisory Counsel for grant cycles from 1987-1992, 2003 – 2007 & 2010 – 2013. USED/BIE Federal funds exceeded $1million and matching funds were contributed by WTCouncil ($25K -$30K to cover administration/office costs, AIESEC affiliation, IBSA student engagement, scholarships/internships) and Barton School ‘s support for administrative specialist ($15,000) and a GRA, now matched since grant termination by President Bardo’s pledge of $15.000/.- as support of CIBA-WTCouncil Sustainability The courses, introduced by USED/BIE grants, during 1987 to 1992, that need to continue are as follows: Courses in Business School IB Major & Graduate IB 600 - International Management & Global Skills IB 400 – International Purchasing (replaces Intro to Global Supply Chains & Logistics) IB 625 - International Financial Management IB 690 – International Accounting (team taught voluntary by Grant Thornton) IB 690A – International Trade Law & IPR (team taught voluntary by Foulston Siefken, Biggs Law Group and Shultz Law Group) and continued to be taught by Dr. Clyde S IB 690 Cross-Cultural C Communication & Negotiation Skills (now a 400 level course) IB 690B Doing Business in Emerging Markets (Asia, South America – Regional Economic Integration & FTAs/RTAs IB 836 International Business Strategy and Trade Policy (team taught) EMBA 836 Global Business & Competitive Strategy (Team-taught by Dr. Clyde & Dr Dharma w/ Export Marketing Country Research Project and travel/study tour in China escorted by Dr. Clyde (deceased, disrupted last year Course in Marketing – Internatioal Marketing ( needs update/revision) Courses in Economics – Introduction to International Economics and Business (continues), Transportation Economics, Comparaude tive Economic Development and East Asian Economics (first-time) Courses in Anthropology/Culture & Area Studies – Asia Pacific Cultures (312), World Cultures (303), People and Culture of Japan (516), People and Culture of China (515) (first-time, continues). Courses in Languages – Introduced at WSU Japanese and Chinese component (first-time, continues) File:DdeS/IB Major Mission/Goals &CIBA-WTCouncil Linkage 2015

Documents

International Business Strategic Plan, Mission, Goals ...webs.wichita.edu/depttools/depttoolsmemberfiles/worldtradecouncil... · International Business Strategic Plan, Mission, Goals