Drs. O.C. and Linda Ferrell spoke to students about the vital role that ethical leadership plays in one’s career success on Wednesday in Massey Boardroom in a convocation event sponsored by the Belmont University Edward C. Kennedy Center for Business Ethics.
“Good business is good ethics. Good ethics is good business,” O.C. Ferrell said. “Your success depends on your character and your confidence in ethical practices.”
Ferrell asked the audience to reflect on the biggest challenges in the ethics arena and how to assure the maintenance of personal ethical standards.
“Strong ethics and social responsibility leads employees to be motivated to serve customers, committed to the firm, committed to high quality standards, satisfied with their jobs and have a higher organizational performance,” Linda Ferrell noted.
The Ferrells are distinguished professors of business ethics at the University of New Mexico. They have co-authored over 20 books and more than 100 articles in major journals and publications including the business ethics textbook used at Belmont. In the academic environment, they are considered the foremost authorities on ethical decision-making, stakeholder relationships and social responsibility in the world of business.
The Center for Business Ethics seeks to bring people together in the discussion of business ethics, help empower business leaders to face the current crisis in business ethics and educate ethical business leaders for a better society.
Alumna Kathleen Bond (’11) knew she wanted to own her own business, so she studied entrepreneurship while in the Honors Program at Belmont University. But it was two years later that the then-Turnip Truck manager would return to campus for insight at the Center for Entrepreneurship. With the guidance of professors, she and her parents purchased and remodeled a coffee shop in the Gulch.
“When we first started looking at Casablanca, background research could only get us so far,” Bond said. “We needed someone who could help us understand why they were trying to get out of the market and how we could make profits and lower costs.”
Entrepreneurship Professor Jeff Cornwall helped her parents see the big picture as investors, she said. Today Bond employs 17 people, including her younger brother and sister and oversees the 1,200-square-foot Bond Coffee Shop that serves paninis and bagels alongside its coffee.
Bond returned to campus again Wednesday to share her success story and promote her business during the second annual Entrepreneurship Village. In the amphitheater and surrounding the Bell Tower, 33 student- and alumni-owned businesses in the idea, early start-up and revenue generating phases showcased their innovation and creativity.
“I think by assembling this critical mass, we are able to share the quality, ability and volume of what’s been happening in the program. It is great for alumni to connect with current students, find interns and make contacts,” Cornwall said.
Renowned global futurist Dr. Parag Khanna spoke to students about re-mapping the global economy during a convocation event Wednesday in Massey Boardroom. Belmont’s Center for International Business hosted the speaker who provided an analysis of the new “geopolitical marketplace” which refers to the dynamic among superpowers to compete for the influence of the “second world.”
“The U.S. is no longer the center of the commerce universe. It is a world of key players,” Khanna said.
These key players include Latin America, Asia and Africa. Khanna explained that America and the rest of the world have started to recognize other markets. He then provided an analysis of emerging market political risk and the maneuverings of Europe, China, India and Russia to capture the loyalty of new power centers.
Heart of Belmont award winner Rami Nofal lives out University mission to ‘engage and transform world’ with new appointments
Belmont University alumnus Rami Nofal (’13) was recently selected for two distinguished, international opportunities: a fellowship at prestigious Cambridge University and a stint in Ghana serving with the Peace Corps.
Nofal—who graduated in May earning degrees in international business (marketing and Arabic), finance and economics with a minor in political science—won one of Belmont University’s highest honors in April when he was selected to receive the John Williams Heart of Belmont award. The Heart of Belmont award recognizes a student who demonstrates commitment to service, initiative, innovation, persistence, advocacy, and maturity, among other qualities. He also was actively involved with the two-time National Champion and 2012 World Cup-winning Enactus team.
A 2009 graduate of Nashville’s Overton High School, Nofal will next participate Aug. 18-30 in the Ariane de Rothschild Fellowship at Cambridge University in England. This Fellowship is the premier gold standard of social entrepreneurship intersected with cross-cultural exchange for global minded change agents. Nofal’s acceptance letter noted, “Your selection as a Fellow reflects the careful judgment of prominent scholars that you meet the Fellowship’s rigorous criteria for admission, emphasizing both excellence in the quality of your civic engagement and your serious contribution to social enterprise.”
Belmont University is continuing its investment in Nashville-area African-American youth through its partnership with 100 Kings. For the tenth consecutive summer, nonprofit organization 100 Black Men has held its summer camp 100 Kings on Belmont’s campus.
The annual six-week camp is the summer portion of an eight-year mentoring program through which 100 Black Men of Middle Tennessee adopts African-American fifth, sixth and seventh graders and offers them academic enrichment , experiential learning opportunities and mentoring. About 70 percent of “Kings” qualify for reduced and free lunches. Upon completion of the program and graduation from high school, they are eligible to receive up to $20,000 in scholarships from 100 Black Men.
“The goal is to get them to graduate from high school and college,” said 100 Kings Director Donovan Robertson.
This summer’s experiential learning has included building a house at the Adventure Science Center with If I Had a Hammer and a car wash. Kings spent two weeks in Belmont classrooms learning about the tools and skills needed to build a house as well as accounting and marketing.
“Through the class we have taken them through every part of starting your own business, like net worth statements, how to talk to investors and pitch your idea, organizational planning. I really feel like they are walking away from this program with the skills they need to launch their own businesses and understand finances in the real world. So they would have the competencies to create jobs themselves and see that they could bring something of value to the community and be their own bosses,” said Clarissa Donaldson, director of the 100 Kings Entrepreneurship and Financial Literacy Summer Program. “This whole experience has been an answered prayer and a blessing. I am only a junior undergraduate student, and I am really interested in economic development through education. So it has been awesome to be in a leadership role, create a curriculum and see the spirit of these kids every day.” (more…)