Published 6. June 2014 at 8:53 am - No Comments
Results Matter: Five internships in Cape Girardeau and Enhanced class involvement by Fastenal for faculty/student case work. Fastenal, a fast-growing company in the maintenance and construction supply industry, and the Harrison College of Business continue to cement their relationship. As part the Harrison College of Business’s corporate relationship initiatives, Fastenal Company sponsored the 4th Annual Strategic Management Case Competition. Student groups comprised of majors from each business discipline were assigned to provide an internal and external analysis of IMAX Corporation, a world leader in entertainment technology. They were then challenged to provide a strategic recommendation for IMAX . HCB Faculty, Business Managers, and Executives evaluated the analysis and proposed recommendations to determine the most effective and best justified recommendation. This year seven teams of students from the capstone strategic management course (BA490) competed. Fastenal District Manager, James Blades generously provided prizes for the winning teams and to all participants. Fastenal also provides paid internships for SEMO students. Pictured left to right: Jim Caldwell (Faculty), Ryan Stoll (Accounting), Valerie Wang (Marketing Management), Ko Tabata (International Business), Niki Rismachi (Finance) , Andrew Hahn (Accounting), James Blades (Fastenal). Following up on last year’s HCB trip to the Fastenal Expo in Indianapolis, Indiana which included Dean McDougall and a group of HCB faculty, this spring, Associate Dean, Gary G. Johnson, five business faculty (Ben Dow, Matt Mardanov, Peter Gordon, Dana Schwieger, and James Caldwell), three students,(Thibaut Morrillon, Nathan Abert, and Patrick Green), and St. Louis Corporate Relations Director, Mr. Chris Martin, accepted the Fastenal invitation. The annual Expo is designed for vendors, customers, and partners – the Fastenal family. In addition to a display of the latest gadgetry in the industry, the HCB contingent was given a tour of Fastenal’s huge Indianapolis distribution center where the latest technology is used to fill orders. Everyone departed the Expo with a better understanding of what Fastenal actually does, and a greater appreciation of how the Fastenal team manages the multiple business processes comprising the organization. Mr. James Blades, District Manager, hosted the group for the event which included dinner and lunch. James furthered our understanding of Fastenal and its role in the industry. As a part of the discussions, Blades offered five internships in Cape, class presentations by Fastenal executives, and access to data for classroom study – a win-win-win for the HCB, Fastenal, and our students. Mr. Blades characterized the type of intern the company is seeking – hard-working, motivated to succeed (to move up), skilled in selling the products, loyal, and a team player. The HCB is proud to be a Fastenal partner, and as we continue to fill the pipeline with qualified students, there is little doubt that this partnership will continue to grow stronger over the coming years.