UW-Green Bay lecturer Praneet Tiwari (Business Administration) was invited to conduct two workshops earlier this month Feb 9-10 for the Northeast Wisconsin Manufacturing Alliance (NEWMA) as part of the Data Analytics Trainings for NEWMA members. The workshops were focused on upskilling of manufacturing employees in data analytic skills across different roles, departments and industries.
The 20th Annual UW-Green Bay Academic Excellence Symposium, sponsored by Phi Kappa Phi Honor Society Chapter 279, the College of Arts, Humanities and Social Sciences, the College of Science, Engineering and Technology, the College of Health, Education and Social Welfare, and the Austin E. Cofrin School of Business, will once again be held in conjunction with the CAHSS Virtual Conference. Projects will be on display May 3 – 14, 2021.
The symposium, which showcases the academic excellence of our undergraduate and graduate students, invites students to present their best projects. We will again showcase our internships, so we encourage you to nominate your student/s who has/have completed an exceptional internship in the community. Internship displays should explain the following:
1) A description of the internship site.
2) Requirements of the student to complete the internship.
3) The academic component and learning outcomes.
4) What did the student achieve by completing this internship?
All students nominated to present work at the symposium, must complete the Qualtrics proposal form at Academic Excellence Symposium 2021
The deadline to submit a proposal is April 6, 2021 at midnight. All proposals will be reviewed and final selections will be made by end-of-day April 9, 2021. Students and faculty sponsor/s will be notified of acceptance, and provided additional preparation and setup guidelines for their research/creative work project via email at that time. A student can be a Lead Presenter for only one project. Students from all UW-Green Bay locations are encouraged to participate. Direct questions to Teri Ternes at email@example.com.
UW-Green Bay Assistant Prof. Aniruddha Pangarkar (Marketing) provided expert commentary to Moneygeek new liability-only and full coverage insurance pieces:
Pangarkar discusses the primary risks of liability-only insurance, who should consider liability-only vs. full coverage, recommended coverage amounts and more.
If you’re expecting a tax refund or a stimulus check what’s the smart thing to do with the money? NBC 26 talked with an expert and he told us it’s important to pay down your credit card debt. Start with a small one to get the feeling of accomplishment. But that’s not number one on his to-do list. “The first thing we want to consider is stashing our cash. Having some ‘at the ready’ funds to deal with potential job loss or paying rent and mortgages and everyday bills. And just every day needs that we need to survive,” said Preston D. Cherry PhD, CFP, assistant professor of Financial Planning at UW-Green Bay. His third suggestion is to invest in yourself, your well being or perhaps your education.
UW-Green Bay announced that Cherry will take the lead in a new Financial Planning program beginning in Fall of 2021. See the release.
Green Bay, Wis.—University of Wisconsin-Green Bay student Cheri Branham’s plan to increase technology literacy among aging populations took first place in the WiSys Innovation in Aging student idea competition on Feb. 25.
The annual student idea competition challenges UW-Green Bay students to create innovative solutions to combat hardships and improve quality of life for an aging public. The competition gives students an opportunity to grow idea development, collaboration and public presentation skills.
“Congratulations to Cheri Branham for the excellent presentation during WiSys Innovation in Aging,” said WiSys President Arjun Sanga. “Every year, we are excited to partner with the leaders at UW-Green Bay to showcase the University’s many innovative students. Yet again, the students did a great job applying their education to an important real-world problem affecting our state. Cheri and the other students are shining examples of why the UW System’s regional campuses are collectively among the most innovative in the country.”
Branham, who won a $1,000 prize, documenting shortfalls in technology literacy among older adults, their dependency on technology and the potential to improve their quality of life through greater adoption of more technology.
Branham’s solution is to provide one-to-one assistance to older adults by making connections to young people as trainers and facilitators.
The Social Work major from Green Bay, Wis. who will graduate in May 2021, said what motivated her to enter was seeing so many flaws in the system the past year of her grandmother’s life.
“She passed away in November, so I decided to address some of the challenges, Branham said. “I originally wanted to do policy change, but decided to do something I could do immediately. In the future I plan to work with pregnant women who struggle with substance abuse and are in the Department of Corrections. There’s also a lack of programming for this population so I hope to address it in my future!”
A team of students—Jordan Cioni, Andrew Akin, Elly Purdy and Andy Weigel—took second place in the competition with their innovation “Choppa.” Working with recent alum Katelyn Desrochers as their advisor on the project, the team developed “Choppa” as an easy-to-use cutting board device designed for people affected by arthritis, carpal tunnel syndrome or other physical limitations.
The solution won the team—which represented the UW-Green Bay Engineering Club—a $750 prize, along with a $100 award for participating as a student organization.
Team C.A.L.M.—made up of UW-Green Business Administration students Cassie Bougie, Anna Eaton, Lisa Joiner and Megan Bonikowski—took third place and a $500 prize for their solution to address the negative effects of colored beverages on the mouths of older adults. The team developed a dual-ended color resistant product called “ColorStop” to protect lips and teeth from beverages such as red wine and coffee. The solution won the team a $500 prize.
To view the students’ presentations or the entire event, including a keynote by Devon Christianson, the director of Aging and Disability Resource Center of Brown County, visit wisys.org/aging or on the WiSys YouTube Channel.
WiSys Innovation in Aging is a partnership between WiSys, the UW-Green Bay College of Health, Education and Social Welfare and the UW-Green Bay Gerontology Center.
WiSys is a nonprofit organization that works with faculty, staff, students, and alumni of the UW System to facilitate cutting-edge research programs, develop and commercialize discoveries and foster a spirit of innovative and entrepreneurial thinking across the state.
Tech Literacy: https://youtu.be/kErj9Qi8VkU
Press Release by Craig Sauer, WiSys
Associate Professor Vallari Chandna (Marketing & Management) is featured in this piece about business credit cards. Read the full business article! Prof. Chadna answers common questions about business credit cards and personal credit cards.
UW-Green Bay Chair Business Administration and Associate Prof. of Supply Chain Management, Amulya Gurtu, started serving as an associate editor for the International Journal of Sustainable Economies Management, published by IGI Global.
Professor Preston Cherry, who secured the approval and will lead the program, said this development means that UW-Green Bay’s Financial Planning program will provide three of the essential four “E’s” needed to become a successful financial planner—ethics, education and exam.
Green Bay, Wis.—Beginning immediately, the University of Wisconsin-Green Bay will admit students for the Fall 2021 semester who are interested in pursuing a career path in financial planning. The University, through the Cofrin School of Business, has been approved by Certified Financial Planner Board of Standards, Inc. (CFP Board) to provide the new Financial Planning program.
“CFP Board is pleased to approve the program at UW-Green Bay as a CFP Board Registered Program,” said Douglas S. King, CFP®, chair of CFP Board’s Board of Directors. “As student interest in financial planning as a career continues to grow, we anticipate that UW-Green Bay’s program will contribute significantly to the number of qualified candidates seeking to attain the CFP® certification, the standard of excellence for competent and ethical financial planning.”
Professor Preston Cherry, who secured the approval and will lead the program, said this development means that UW-Green Bay’s Financial Planning program will provide three of the essential four “E’s” needed to become a successful financial planner—ethics, education and exam. The other “E” is experience, which will come in the form of internships and other opportunities from local partners.
“Successful Financial Planning programs across the country tend to experience close to 100% job placement and paid internship rates for students. Our program aims to replicate this mission,” Cherry said. “Students in the Personal Financial Planning program will be qualified to sit for the CFP exam, which increases their marketability to local firms as they enter into the profession and will help provide the foundation these students need to be successful in the financial advisory and the financial planning profession,” explained Cherry.
Wipfli Financial Partners is one of the many local business partners and organizations excited about the potential of the program.
“Personal finance awareness and engagement are essential to the development and growth of households across our community,” said Wipfli Principal/Senior Financial Advisor Benjamin Hayes. “We are excited to see UW-Green Bay offer such an impactful financial planning program that will develop the next generation of financial advisors and expand financial literacy resources to the students and community. We expect that both efforts will help increase the overall financial well-being among families in Northeast Wisconsin.”
CFP Board is a Washington, D.C.-based independent 501(c)(3) non-profit organization whose mission is to benefit the public by granting, upholding and promoting the Certified Financial PlannerTM (CFP®) certification. Those who earn the certification are distinguishing themselves among their peers by meeting CFP Board’s education, examination, experience and ethics requirements. Students completing the financial planning program at UW-Green Bay’s Cofrin School of Business will have met the education requirement for CFP® Certification Examination administered by CFP Board.
The CFP Board currently oversee more than 300 programs at more than 200 institutions nationally. CFP Board-Registered Programs are financial planning education programs at the college or university level that meet specific criteria for educating individuals who wish to fulfill the education component for obtaining CFP® certification.
“I can’t fully express my excitement over the recent responsiveness of the Finance faculty to meet the personal finance needs of Northeast Wisconsin’s business community,” said Dean of the Cofrin School of Business, Mathew Dornbush. “In January we announced our partnership with the Packers to name the Willie Davis Finance & Investment Laboratory, and here we are a month later announcing a partnership with the CFP Board to launch our Personal Financial Planning program. This is big win for the region; we’re only the fourth business school in the state with a CFP Board registered program, and the only one north of Madison. It’s another great example of the innovation ongoing in the Cofrin School of Business.”
Persons immediately interested in the program should send inquires Prof. Preston Cherry, firstname.lastname@example.org.
About the CFP Board
Certified Financial Planner Board of Standards, Inc. is the professional body for personal financial planners in the U.S. CFP Board sets standards for financial planning and administers the prestigious CFP® certification – one of the most respected certifications in financial services – so that the public has access to and benefits from competent and ethical financial planning. CFP Board, along with its Center for Financial Planning, is committed to increasing the public’s awareness of CFP® certification and access to a diverse, ethical and competent financial planning workforce. Widely recognized by firms as the standard for financial planning, CFP® certification is held by more than 86,000 people in the United States.
Certified Financial Planner Board of Standards, Inc.
About the University of Wisconsin-Green Bay
The University of Wisconsin-Green Bay is a comprehensive public institution offering undergraduate, graduate and doctoral programs to more than 8,700 students with campus locations in Green Bay, Marinette, Manitowoc and Sheboygan. Established in 1965 on the border of Green Bay, the University and its campuses are centers of cultural enrichment, innovation and learning. The Green Bay campus is home to one of the Midwest’s most prolific performing arts centers, a nationally recognized 4,000-seat student recreation center, D-I athletics, an award-winning nine-hole golf course and a five-mile recreational trail and arboretum, which is free and open to the public. This four-campus University transforms lives and communities through student-focused teaching and research, innovative learning opportunities, powerful connections and a problem-solving approach to education. UW-Green Bay’s main campus is centrally located, close to both the Door County resort area and the dynamic economies of Northeast Wisconsin, the Fox Valley region and the I-43 corridor. UW-Green Bay offers in-demand programs in science, engineering and technology; business; health, education and social welfare; and arts, humanities and social sciences. For more information, visit www.uwgb.edu.
UW-Green Bay SBDC’s Ray York has had to pivot his business during the pandemic. To survive the challenges facing the travel industry, The Rochester Inn in Sheboygan Falls identified the need for an innovative strategy for their “small, clean and caring Inn.” They needed to find creative ways to elevate their guest’s experience while reducing operating expenses and maximizing revenues. In addition, based on the global mindsight shift towards sustainable business practices, they prioritized the implementation of a sustainability strategy that will reduce future expenses while elevating the creditability of The Rochester Inn brand.
The Rochester Inn already has a strong reputation of being a “small, clean and caring Inn,” and part of their COVID survival strategy is to continue to treat their guests as family, while keeping them safe during their stay is their highest priority. They have implemented a reduced-contact experience for their guests’ safety and have made great strides to accommodate this through more virtual interactions and personalized messaging. They have maintained their in-room breakfast service and increased their in-room amenities for an improved experience and personalized travel stay.
With less travelers and an improved guest experience, they needed to find ways to cut operating expenses and maximize revenues. With methodical adjustments they have been successful in reducing their operating expenses, while consistently evaluating trends to realize their full market value.
The Inn is 173 years old and there is an opportunity to reduce expenses through green business practices and renovations, in coordination with becoming Travel Green Certified through Travel Wisconsin. They have taken steps towards efficiency upgrades and Travel Green Certification throughout 2020, with efficiency upgrades and certification ongoing in 2021.
Story submitted by Tara Carr, SBDC