Management


On the Ball

UConn Consulting Group
Back row from left: Ezra Okon (Adviser), Justin Lee, Stephen Porcello, Laura Iliescu, Jason Mraz, Kunal Kataria, Romanna Romaniv, Katie Cavanaugh, Kyle Horvath, Paul Millerd (Adviser)
Bottom row from left: Edward Leardi, John McLaughlin, Matthew DeLeon, Jeffrey Noonan (Courtesy of Jason Mraz)

New Student-Led UConn Consulting Group Investigates Ways to Make Basketball Fans Love Games Even More

When UConn Athletics noticed a decline in basketball sales, they began to look for new ways to get fans into games. They introduced new package ticket deals, created the ‘Top Dog’ Program, and brought in the UConn Consulting Group (UCG) to help them further analyze UConn and the college basketball industry.

Primarily made up of undergraduate business students, the UCG is a competitive experiential learning group that pursues real-life (work) experience through select consulting projects. Each semester, the group takes on a new project and works to add value to a client’s strategy and operations while letting students develop skills that are, at best, extremely difficult to learn in a classroom.

The UCG worked with UConn Athletics through the fall 2015 semester to identify ways to improve the game-day experience for fans. They began by performing an in-depth analysis of UConn basketball and the different elements that have dramatically shifted the college basketball industry in recent years, such as conference realignment and technological advances. They also conducted extensive research, reaching out to more than 20 comparable universities, reading more than 50 academic research papers and articles, conducting three surveys and analyzing the results of some 1,800 respondents.

Throughout this process, the UCG identified key elements of success, as well as best practices from other universities that could be incorporated at UConn. At the end of the semester, the UCG presented its final recommendation to UConn Athletics.

“The UCG has gone above and beyond this semester to help UConn Athletics be the best it can be,” said John Seagrave, assistant director of marketing for UConn Athletics. “They have given us a lot to think about moving forward and we really appreciate all the work they did to help us out.”

The consulting group was created by Justin Lee ’15 as a way for UConn students to make an impact on their community. An accounting major, who discovered a passion for management consulting, Lee began by reaching out to alumni in the consulting industry and, with the help of Paul Millerd ’07 and Ezra Okon ’10, was able to form the UConn Consulting Group. UCG started with seven members and two alumni advisers, but has since grown to 13 members and four advisers, with more growth on the horizon.

“UCG has grown faster than I ever imagined,” said Lee, who is still an adviser. “The quality of students, and [their] passion to succeed will drive the group to be a premier organization at UConn. I cannot wait to see the group grow.”

Although the UCG has only completed two projects to date—UConn Athletics and a previous engagement with the UConn Foundation—it has experienced overwhelming success, and more importantly perhaps, has made a significant impact on the members.

“UCG has helped me with everything. My communication and technical skills have improved dramatically and it’s all I talk about in interviews,” said Katie Cavanaugh, a junior who is currently leading a project for a financial services startup. “Plus, UCG’s network of undergraduates and alumni advisers is arguably the best on campus. It really is an exceptional group and an incredible opportunity for UConn students.”

In the coming months, UCG will begin working with two start-ups—one based in Connecticut, the other in New York City. The projects will include detailed analyses of things such as revenue growth, cost/benefit of strategic partnerships, valuation, and overall business plan evaluation.

“The UCG is expanding to two projects next semester, allowing us to further our impact even more,” said Stephen Porcello, managing director. “I am very excited about the future and the numerous ways we will continue to grow and develop, and enhance our impact within the UConn community.”

The UCG is currently looking to recruit new members. If interested, please send an email with your resume to uconnconsultinggroup@gmail.com and a representative will get back to you with further details on the recruiting process.


‘For the Love of the Game’

John 'Jack' Veiga (Nathan Oldham/UConn School of Business)
John “Jack” Veiga (Nathan Oldham/UConn School of Business)

Retired Management Professor Jack Veiga Still Winning Awards, Challenging Misconceptions

Retired professor of management John “Jack” Veiga was thrilled when his research paper won a major award—doubly so to be honored in a field that isn’t his specialty.

Veiga and his colleagues examined why some people become highly proficient with new, large-scale application software packages while others fail to master even the most elementary applications. The paper was named one of the five Best Information Systems Papers of 2014 by the International Conference on Information Systems (ICIS) Senior Scholars.

“While I have won awards for my research before, being honored for interdisciplinary research that is outside my field is particularly gratifying,” Veiga said.

When asked why he is still working so hard, after retiring from UConn in 2009, Veiga had a clear explanation.Continue Reading


Professor Timothy Folta Leads Corporate Strategy Conference in France

Tim Folta (Courtesy of University of Strasbourg)
Tim Folta (Courtesy of University of Strasbourg)

When does it make sense for corporations to expand by adding additional products or businesses to their portfolio?

The topic was the subject of a three-day international conference last month in Strasbourg, France, titled, “Corporate Strategy and Resource Redeployment,” which was organized by UConn Management Professor Timothy B. Folta.Continue Reading


The $5 Challenge

Aspiring Entrepreneurs Use Money to Make Money

In his “Risks and Rewards of Entrepreneurship” course, management professor Timothy Folta gave student groups $5 and told them to use it as start-up cash for a new business. The project was designed to spur creativity around new business ideas.

Students had one week to brainstorm ideas, but once they received the cash, they had only two hours to make as much money as possible.

Interestingly, the group that made the most money did not even use the start-up funds.Continue Reading


The Winning Play

Bobby Puyol '16
Bobby Puyol ’16 (Nathan Oldham/UConn School of Business)

UConn Football Kicker Bobby Puyol Hopes to Score A Sports Management Job after Completing Education

Imagine that you have 5 seconds to do your job—with 30,000 people watching, the wind blowing, and your team’s victory hinging on the accuracy of your kick.

For UConn place kicker Roberto “Bobby” Puyol ’16, the pressure and excitement adds to the thrill of the game.

“I love it. I think it’s so much fun. I go out there for five seconds and I’ve got to do my job,” said Puyol, a senior who is majoring in management, with a concentration in international business.Continue Reading


As Connecticut Baby Boomers Prepare to Retire in Droves, Who Will Buy Their Prospering Businesses?

Management Professor David Souder
Management Professor David Souder (Nathan Oldham/UConn School of Business)

The UConn School of Business, in conjunction with business-advisory firm BlumShapiro, has released the first installment of a report called, “The Baby Boomer Effect,” which examines the impact an aging generation is having on Connecticut’s business landscape.

The first installment of the report examines the current and future demographics of business ownership in Connecticut, and highlights the dramatic change that Connecticut will experience during the next 10 to 15 years as a large number of business owners reach retirement age.Continue Reading


Mimicking the Boss

Nicole Jones Young
Nicole Jones Young (Melissa Ferrigno/UConn School of Business)

Doctoral Student Nicole Jones Young Wins Her Second Award for Research on ‘Trickle-Down Leadership’ and Inclusivity

Management doctoral candidate Nicole Jones Young has won her second prestigious award in two years for research that shows employees pay close attention to their bosses’ actions, more than their words, when it comes to inclusivity in the workplace.

“A Trickle-Down Approach to Inclusive Leadership: The Role of Supervisory Moral Identity,” was recognized by the prestigious Southern Management Association (SMA) as the top doctoral research paper focused on ethics, social and diversity issues.Continue Reading


New Leadership Is ‘UConn Strong’

George Plesko, Lucy Gilson
George Plesko and Lucy Gilson (Melissa Ferrigno/UConn School of Business)

Seasoned Professors Take on New Roles in Accounting, Management

In their new roles as department heads in management and accounting, Professors Lucy Gilson and George Plesko say they plan to build on their departments’ traditions of success while expanding partnerships within and beyond UConn.

“I am honored to take the helm of the management department and humbled by the trust that my colleagues have placed in me,” Gilson said. “This is a fantastic department with some of the most productive scholars at the University and some of the finest teachers. Over 70 percent of our faculty received letters from the Provost praising them on their teaching excellence.”Continue Reading


Dean Tom Gutteridge’s Accomplishments Endure

Tom Gutteridge (UConn School of Business)

In 10 Years, He Moved School of Business from Regional Dominance to National Prominence

During the 10 years that Tom Gutteridge served as dean of the UConn School of Business, the program experienced tremendous growth, including the construction of a new academic building and creation of significant partnerships and programs within the business community.Continue Reading


Up Next: Compliance

Executive Breakfast Series: Building a Culture of Compliance

‘Building a Culture of Compliance’ Continues Executive Education Breakfast Series

The Chief Operating Officer of a nuclear utility in Washington state noticed an employee trip on the stairs after catching her heel on some loose carpeting. The executive, laden with a full schedule of meetings and decisions, “stood guard” in the stairway until a repair person could arrive, ensuring that no one else got hurt.

That is one example of what a ‘culture of compliance’ looks like, where everyone, including key executives, takes individual responsibility for the values of the organization, said Robert Bird, a UConn professor of business law and the keynote speaker at an upcoming UConn School of Business Executive Education breakfast program titled, “Building a Culture of Compliance.”Continue Reading