Mike Ilitch School of Business in the news

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Wayne State University looking to win Gift of Life Campus Challenge again

As you're reading this, 114,000 men, women and children await lifesaving transplants. You can help make a dent in that staggering statistic with the Wayne State University's Gift of Life Campus Challenge. Wayne State is once again leading the way when it comes to getting people to sign up for the organ donor registry. Alyssa Krieger and Erin Coburn from Wayne State were in-studio guests along with organ recipient Nicholas Giannamore.
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OnlineMasters.com Names Top MBA in Human Resources Programs for 2019

OnlineMasters.com announced the release of their Best Online MBA in Human Resources Programs for 2019. The research identifies the top programs in the nation based on curriculum quality, program flexibility, affordability, and graduate outcomes. In addition to insights gained from industry professionals, OnlineMasters.com leveraged an exclusive data set comprised of interviews and surveys from current students and alumni. Each online degree program was analyzed with only 50 making it to the final list. The methodology incorporates the most recent data from the Integrated Postsecondary Education Data System (IPEDS) and statistical data from the National Center for Education Statistics. Only programs from accredited nonprofit institutions were eligible. Wayne State University is included among the 2019 Best Master's in MBA in Human Resources Degree Programs.
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OnlineMasters.com names top MBA in human resources programs for 2019

OnlineMasters.com announced the release of their Best Online MBA in Human Resources Programs for 2019. The research identifies the top programs in the nation based on curriculum quality, program flexibility, affordability, and graduate outcomes. In addition to insights gained from industry professionals, OnlineMasters.com leveraged an exclusive data set comprised of interviews and surveys from current students and alumni. Each online degree program was analyzed with only 50 making it to the final list. The methodology incorporates the most recent data from the Integrated Postsecondary Education Data System (IPEDS) and statistical data from the National Center for Education Statistics. Only programs from accredited nonprofit institutions were eligible. Wayne State University is included among the 2019 Best Master's in MBA in Human Resources Degree Programs.
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UAW grows strike fund, membership as workers head into wage talks

Autoworkers say they’re feeling unappreciated these days. They made wage and benefit sacrifices when times were bad. Now, after record sales, layoffs loom. The shocking announcement by General Motors last month to close four U.S. factories was seen, in part, as a message to the UAW to prepare for cost cuts during next year’s worker contract talks. But the labor union is not without leverage. It has more than $760 million in its strike fund. And officials aren’t afraid to use it. Everyone is watching to see what happens in coming months. These contracts are complicated and the process can be contentious. But it is highly unlikely the UAW would organize a strike to protest anything until the legal agreements allow for such activity, said UAW sources close to the leadership. But these are turbulent political times with all players trying to navigate a “contentious administration,” said Marick Masters, a business professor at Wayne State University. GM has angered autoworkers and politicians with its abrupt announcement about expected closures. And sometimes workers simply don’t care about protocol if they feel there’s nothing to lose, Masters said. “Look at the wildcat strikes that occurred among teachers in West Virginia and other states. Those worked,” he said. “There’s a growing militancy among some workers and people who have reached perhaps the tipping point. People take extreme action when they feel there’s no alternative.”
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Which fork in the road to take? Detroit says both

After a near-death in the Great Recession that required government bailouts for General Motors and Chrysler, the U.S. auto industry has been on a tear. Sales rose steadily through 2016. Since then, sales have softened a little. Now, the industry faces a host of looming political, technological, and consumer challenges, which signal tougher times ahead. One of the biggest challenges is political. A trade war – levied either against Europe or China or both – could be devastating for the U.S. industry. “The concern going into the 2019 negotiations will be largely maintaining jobs,” says Marick Masters, a labor expert at Wayne State University. “With the whole restructuring of the companies … the union is going to be very concerned about product placement, investments in plants in the U.S., and also how they might take advantage of the move toward electrification and ensure that their workforce is trained to perform those types of jobs.”
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Marijuana a sure thing for entrepreneurs?

Jeff Stoltman, a professor of marketing and entrepreneurship at Wayne State University's Mike Ilitch School of Business, said a lot of his students look at opening a marijuana business as a sure thing. Stoltman said he pushes his students who are interested in the pot business to dig deeper into market realities. "They’re looking at this tremendous explosive growth in the states where the cannabis business was liberated a little earlier and there is this ‘Why not here, why not me?’ They don’t dig too deep to find out who is really benefiting the most of those kind of operations and what was the path that they took and can they replicate that here.”
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Most Detroiters in a decade worked in September

Marick Masters, a business professor at Wayne State University and director of its labor program, said to decrease poverty, the city needs to decrease the number of those who are not participating in the workforce. This, he said, can be expensive and requires greater outreach efforts and mentorship, better access to transportation, improving schools and changing laws to make it easier for ex-offenders to be hired. "I think there's room for improvement in Detroit," 

WSU Business students vie for $1,750 In Elevator Pitch contest

Wayne State University business students will head to Detroit’s iconic Guardian Building on Nov. 2 to vie for $1,750 in scholarship money as they compete in the fourth annual Mike Ilitch School of Business Elevator Pitch Competition. The students have a roughly 80-second ride on an actual elevator to summarize who they are, what they know and what they want to do. Executives from Ally Financial, Enterprise, GM, PlanteMoran and Quicken Loans will evaluate the students on their ability to sell themselves and present a positive, professional first impression. 
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Major retailers stepping up their tech game to get you in the door

In an effort to keep people from shopping online, brick and mortar stores are now offering some new technologies to make the shopping experience quicker and easier than ever before. Walmart, Home Depot or Target of apps that help a shopper find exactly where a product is located within the store, down to the isle. Home Depot’s app will tell you exactly how many of that product are left in stock so you can know before you go. “They can use the technology to expedite the movement through the store, to be able to look up items that may not be in the store at a size or color or print that the shopper’s looking for,” said Jeff Stoltman, Wayne State University associate professor of marketing.
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Olympia Development Of Michigan Updates Planning In The District Detroit

A new internship partnership is currently underway with MBA students from the Sport and Entertainment Management program at the Mike Ilitch School of Business. Students are participating in and learning from a wide range of real-world experiences with the Tigers and Red Wings. "This rare opportunity gives Wayne State students unmatched access to one of the densest sports and entertainment districts in the U.S., along with professionals at world-class companies," said Scott Tainsky, associate professor of management and director of sport and entertainment management. "By the end of the program, students would have worked on high-profile projects and gained competitive experience in their chosen field. We are excited about bringing on even more students in Fall 2019."
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Andy Appleby to receive Ilitch School's Executive of the Year Award

If Andy Appleby shared one tip with aspiring entrepreneurs this would be it said the CEO and commissioner of the United Shore Professional Baseball League, who was recently named this year's winner of the Wayne State University Mike Ilitch School of Business Michigan Executive of the Year Award. "Be willing to take a risk and be willing to support that risk with unending work ethics," added Appleby, who will be honored at the school's 38th Annual Recognition and Awards Program at the Detroit Athletic Club, Oct. 15. "It's a nice award to win. It is even more special given the enormous impact Mr. Ilitch had in our sports and entertainment profession over the years," Appleby said, during an interview at General Sports and Entertainment, taking place almost 20 years, to the day Appleby took one of the biggest risks of his life.
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Belinsky gifts $500k to WSU to create lab for student entrepreneurs

In August, Wayne State University held a ribbon-cutting ceremony for its new Mike Ilitch School of Business, a $40 million, state-of-the-art facility in Detroit’s Midtown neighborhood. The business school announced another piece of good news this summer when alumnus Russ Belinsky donated $500,000 to establish the Belinsky Entrepreneurial Learning Library, which aims to kick-start student and faculty entrepreneurship. Belinsky’s funding is meant to provide resources, training, and mentorship to students and faculty in order to help them launch investment-ready startups or startups based on the university’s intellectual property.
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WSU’s graduate supply chain program ranked among top 25 in the country

Wayne State University’s graduate global supply chain management program is among the nation’s top 25, according to Gartner, a leading industry research company that releases rankings every other year. Ranked No. 17, WSU is a new entrant alongside the University of Minnesota, the University of Southern California and the University of Washington. Offered through the Mike Ilitch School of Business, Wayne State’s global supply chain management program prepares students with in-depth knowledge about global challenges and the critical links in the value chain of goods.
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President Wilson discusses the new Mike Ilitch School of Business on Conversations with WSU

Mildred Gaddis sat down with Wayne State University President M. Roy Wilson, and Darrell Dawsey, director of community communications. Earlier this week, President Wilson joined with some of Detroit’s most important business leaders to announce the opening of the Mike Ilitch School of Business, which promises to be an incubator for some of Detroit’s sharpest minds and a boom for our local workforce. 
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Mike Ilitch School of Business adds modernist splash to Woodward Avenue

Wayne State University cut the ribbon Tuesday on its new Mike Ilitch School of Business, the latest addition to downtown Detroit's growing list of attractions. The new school is many things at once: First, it delivers a shot of modernism to Woodward Avenue's mostly traditional architectural environment. Next, the school also fronts directly on Woodward Avenue, vying to become not an isolated ivy-covered building tucked away on a campus, but an open, welcoming addition to the streetscape. WSU President M. Roy Wilson said he and Christopher Ilitch spent a lot of time with architects at SmithGroup trying to design a school that was open and welcoming, with  the many formal and informal gathering places, including the Terrace and an outside lawn suitable for tented events, as a result.
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$59 million Wayne State business school opens with nod to Ilitch legacy

When Wayne State University students start classes next week at the new Mike Ilitch School of Business, they'll enjoy classrooms with views of downtown Detroit's skyline and state-of-the-art facilities in a sleek 125,000-square-foot building on Woodward Avenue. The Ilitch family starred in a ribbon-cutting ceremony Tuesday for its patriarch's namesake business school, 2 1/2 years after the largest donation in Wayne State University history jump-started its construction.