Category Archives: Undergraduate

Leadership Team: aiding students advance their professional careers

Guest post by Charissa Chin, Vice President of the Leadership Team

Each quarter, the Leadership Team (a student organization that partners with the Consulting & Business Development Center) offers a Flagship Consulting Program, where students provide consulting services to local businesses. During these seven-week projects, students work in teams and receive guidance from professional advisors from Ernst & Young.  This spring, our students gathered research and developed recommendations for The Seafair Foundation, Sealaska Corporation, and The Skin Firm.

The Seafair Foundation, which is part of the organization that hosts Seattle’s Seafair Festival, focuses on charitable services through its scholarship programs and community outreach. The student team’s goal was to expand brand recognition for the Foundation and other programs in their portfolio. Besides providing recommendations on how to increase membership for Seafair’s Ambassador Program, the student team also created an event, Inspire Seattle, which projects to attract more than 500 participating high-school students.

Sealaska Corporation, a $275 million dollar Alaska Native Corporation, with subsidiary operations in various industries, tasked their student team with researching potential markets where Sealaska could gain market share and increase profits, while still maintaining their company’s core organizational values. The team identified various industries such as athletic apparel, green retrofitting, deconstruction, and niche recycling as attractive markets where the company could potentially flourish.

The Skin Firm is a Seattle-based company that offers high-quality skin care products and services. The primary objective for their student team was to develop a marketing strategy to grow their customer base by 4% monthly. In order to reach this goal and increase overall revenue, the team recommended strategies to strengthen the firm’s local advertising, social media campaign, and service packaging.

Our consulting students came away feeling extremely accomplished as they learned how to apply their classroom knowledge in real-world business situations and helped small business owners become more successful.  Students gained insight into what consulting is and had the opportunity to expand their network with Ernst & Young professionals. Through the Flagship Consulting Program, students improved their analyzing, problem-solving, time-management, and teamwork skills.

Personally, I was most excited to see how this experience has helped our students grow and ultimately advance their professional careers.  In fact, this experience has already helped several Flagship members acquire various internships and job offers.  As Vice President of the Leadership Team, I’ve had the pleasure of managing these projects for three consecutive quarters.  It was not only rewarding, but allowed me to grow personally.  Learning how to manage 17 students this quarter has helped me develop my organizational, decision-making, and leadership skills.  It’s a wonderful program and I encourage every student at the UW Foster School of Business to join!

Neal Dempsey’s advice for the class of 2013

The Foster School of Business was honored to have Neal Dempsey (BA 1964) speak at the undergraduate commencement ceremony this year. Dempsey is managing general partner at Bay Partners, focusing on enterprise software applications. Over the past 19 years he has guided more than two dozen start-ups to obtain highly successful outcomes—either through an IPO or by acquisition. He recently made Forbes’ 2013 Midas List of top tech investors. In 2012 he had three companies go public and three others get acquired.

Dempsey gave an animated and insightful send off to the class of 2013. His three secrets for success in the real world: accept failure, embrace change and give back. Below is an excerpt from his blog and video of his speech. Congratulations to the class of 2013!

Re-posted from Dempsey’s blog:

I had the honor of being asked to give the commencement address for the University of Washington’s Foster School of Business undergraduate class this month. As many of you know, the University of Washington is my alma mater and near and dear to my heart. It was a real treat. To prepare for the speech, I spent some time with about 25 of this year’s graduating class. I wanted to know their hopes, dreams, and worries for what’s ahead. After all, these are some difficult times for new college graduates. I must say I was surprised and impressed with the caliber of these students. Most have jobs and all are prepared and ambitious. I expect to see great things from this group of students in the future.

This is not your ordinary commencement speech, so get ready for more than a few surprises. I hope you enjoy watching it as much as I enjoyed giving it. Congratulations to the class of 2013!

See more from the Foster School’s graduation ceremonies.

CISB students intern with Pacific NW Advisors

Pacific NW AdvisorsCameron Geisler, Carl Mars and Matt Sink, Certificate of International Studies in Business (CISB) students, recently completed internships with the Latin American Division of Pacific Northwest Advisors, an international network of global business advisors. Stephen Murphy, senior advisor for Latin America, said it was “a pleasure working with these talented students.”

As an intern, Geisler created a slide presentation concerning Mexico, NAFTA and CAFTA. He conducted extensive research, including research to ascertain who the business “movers and shakers” are in Mexico. He also investigated which international firms and Washington state organizations have invested in Mexico. He presented his findings to the Board of Directors of the US-Mexico Chamber of Commerce (Seattle) where he received much critical acclaim as well as feedback. He also presented to a group from Seattle University that were going to visit Mexico on a service trip.

Mars worked on a presentation about “Doing Business in 21st Century South America,” in which he emphasized the nuances of business in Brazil, Colombia, Chile, Peru and Argentina. He presented to the international team of the Washington State Department of Commerce and the Marine Resource Group of Saltchuk, Seattle’s largest private equity firm.

Sinks’ work focused on Brazil, including a presentation about the future of Brazil which highlighted infrastructure, business and investment opportunities for Washington state firms. He presented at Skagit Valley College’s “Global Fest 2013.”

Learn more about the Foster School’s Certificate of International Studies in Business Program.