• Professor Elam

    Tuesday Feb 22, 2011

    A & M Students what is your take? Sound Off in comments below

     

    Help, It’s 1968 Again!

    They Walk Among us

    Bill Engvall, Blue Collar Comedy Tour

    These types were a lot easier to spot when I was in college.  Back then they sported short hair, the style was a crew-cut no doubt named for some sort of Navy inspired just cut it off hairstyle. This fraternity was easily spotted via the tell tale ‘yep he’s one for sure’ ten inch slide rule hanging off his belt. And the top of the heap of this fraternity was distinguished by the plastic shirt pocket protector, all the better to carry as many pens, mechanical pencils and such as possible, you never know when a calculus problem might pop up that needs addressing.

    At least back then, this bunch was pretty well confined to the engineering building. At UT Austin this was a good distance north east of the business building.  Like an African veldt replete with carnivorous lions, we did not need to go there.  It was clear they enjoyed entire classes consumed with working perhaps a dozen arcane math problems in one semester. One could only hope  this personality type was not contagious, as they say in Public Health Circles.

    But it was. Like the pod people from Invasion of the Body Snatchers, (the Donald Sutherland second version is the best of the three made so far) they began morphing into other disciplines. Worse, they became gender friendly, now women were among their recruits. Their first big break came when Gates bought Seattle Computing and MS DOS was born. Their trademark signature was all over the DOS commands. In the world of Apple, one clicks and drags to copy a file to a folder. But in the nerd world, user friendly is not in the lexicon.  Code writers, cast adrift as  Fortran and COBOL faded,  gravitated to DOS to give us commands like *.*a:/bd.copyfile.txt (okay the fog of time precludes an exact reproduction but it was right there with earaches and solving the algebra problem about the two trains starting at different times).  This pretty well insured their continued existence as any normal person would certainly roll their eyes and conclude it was time for lunch, even at 8:30 AM.

    The advent of Windows, snatched from Apple, might have thinned their ranks, one would hope, but no. Like the Greek Lernaean Hydra, two more heads appear as one is vanquished. This group has now morphed into  writing the programs for electronic bulletin and blackboards, widely used in higher education. (remember the amorphous cyborg who could blend into the checkerboard floor in Terminator II?)  And of course their signature is all over this newest  movie like a B Grade serial, Return of DOS, the Nightmare at Your Terminal.

    I thought I signed up to be a teacher, but not when this bunch is in charge of the electronic homework. The pod people have captured my Mojo and banished it to the basement of that Engineering Building in 1968. There are more choices than a  $6.98 Chinese lunch buffet. Hit one wrong key and the students are shut out of the sixteen problems I just posted. Fail to see the oh just move the mouse here rather than check a box option, and no points are assigned to those problems. And, like HAL in 2001 A Space Odyssey, apparently the program can read my lips as I talk to the monitor. I swear it re-arranges the various options while I sleep.

    Ah but you say, most word processors have global search, you can fix that all at once, right?  No way, each assignment stands on its own, it’s the revenge of the DOS copy command, risen from the grave of the IBM 5150/8088. You might thing it would be tough to create homework and assign zero points to it, nah, I did it on the first try. No doubt this makes for lots of laughter at Pod Programmer Friday afternoon get -together (hey did you hear the teacher assigning homework with No points, hahahahah we sure showed him ….)

    One might think beta testing, trying it on a small group before releasing it to the big one, would be an engineering construct. No way, how could you wreak havoc and create the need for Bulletinboard Version 19.86 to fix Version 19.85 if you did that. And so the program is never left alone along enough for anyone outside the pod world to comprehend its intricacies. This semester pod programmers attempted to implement student codes in the background (instead of issuing them)  to allow log on to, across the entire United States of America no less. If it’s not broke, don’t fix it, needless to say three weeks later, they were back to issuing codes. This was right after they suggested we put everyone on a trial basis so students could access the homework they were locked out of due to the new whiz bang we will fix it in the background…(readers confused trying to follow this should just substitute, remember New Coke for this paragraph….)

    In the movie version, the pod people are patiently waiting for one to fall asleep, then they move in and take your soul. I’m trying to stay awake, But a recent e mail just announced that two bulletin boards have joined forces, the next big thing they call it, But wasn’t that the tag line for Y2K as well?

    Rumor has it that a group of revolutionaries are staring a new approach. Hidden in the attic of the Library Education Building (who would think to look in the library for education…) they are working on a new Bulletin Board, promising it will be to the pod programmers as Kryptonite was to Superman. And they call it,

    Big Chief Tablet. 

    Back to the Future, eh?

    Dennis Elam teaches at an undisclosed Higher Ed facility, and is wanted by various   pod programmers   for ‘re-education’

     

  • Professor Elam

    Monday Feb 21, 2011

    Here is an interesting look at the expanding social media and gadget business.

    Do you Facebook ( like google or xerox, is the word facebook a verb now?)

     

    Sound off I would like to hear how you use social media.

  • Professor Elam

    Monday Feb 21, 2011

    All universities have access to the same textbooks, and now with the internet lots of intellectual property. So what is the difference in schools, well as the saying goes, who you know. The Ivy League Schools have an elite franchise to sell. A case in point is the Skull and Bones group at Yale.

    Admission to the Ivy League schools is the chance at the ultimate brass ring, look at the list. Here in Texas a John Conally moved from student body president at UT Austin to Governor, no accident. You will find the top law firms, banks, cpa firms, engineering firms in Texas peopled by UT and College Station grads. And guess what, they tend to hire, yes, UT and College Station grads. This is changing in the other cities, here in San Antonio, Texas State and UTSA grads have moved into top positions whereas UT and CS grads dominate in Houston. In the western part of the state Texas Tech grads have  larger presence, in Dallas, look to SMU. As Bruce observed, branding is important. 

  • Professor Elam

    Monday Feb 21, 2011

    Jeff Gundlach was interviewed in Barrons this weekend. Here is a slide show on how his firm sees the economy. Not good. This is why it will be necessary to arm your self with all the things Bruce Howard discussed. Bruce's recommendations are on a previous post. 

    And it will be necessary to earn a certified credential, see list of certifications at left. While Bruce represents a CPA firm, I would suggest you take a look at CIA and CMA as well if you have your sights on industry or government. 

  • Professor Elam

    Sunday Feb 20 2011

    You will recall that Bruce Howard said one must not only collect the business cards but one must do something with them. As he visited with some of our students after class, one student mentioned her bedical degree. Bruce correctly asked if the student had connected with Ann Stephens at Bio Med SA.

    I could see the student was not following, and mentioned it later Saturday. But here is a good example of networking and how I knew about Bio Med SA. 

    I attended a meeting of the SA Institute of Management Accountants. Dave Hendrick, the business editor for SA Express Newss spoke on SA's involvement with the World Fair in Shanghai. I learned that Secretary of State Hillary Clinton had contacted Henry Cisneros about helping raise the money for a pavillion. It was an excellent slide show, Dave attended along with other officials from San Antnio. 

    A few weeks later Ken Herring from Broadway Bank was addressing our Business and Industry Committee at SA CPA. I mentioned the Shanghai Expo, and Ken suggested I contact Ann Stephens head of Bio Med SA for a program. 

    PA254731 bingo here is Ann adressing our group. SA Bio Med promotes San Antonio as a high tech biomedical center. 

    My point being that I knew what Bruce was describing as I had been doing what Bruce was suggesting, networking. 

    by the way, do you have a business card yet?  You should and it would have your name and contact info, your title,

    Marie R.

    Texas A & M San Antonio

    College of Business

    Accounting Major, Class of 2012

     

    Got it?

  • Professor Elam

    Sunday Feb 20, 2011

    Alert Grad Student Tina Copas made us aware of this Scholarship

    this is via Construction Financial Management Association. This would be particularly good for someone in Supply Chain, Accounting or Finance I think. 

  • Professor Elam

    friday Feb 18

     

    I believe we will have room 241 in the admin building at gillette blvd at 9 AM Sat Morning Feb 19.

    See you there!

  • Professor Elam

    Thursday Feb 17 2011

    Picture 6 Sergio Marchionne is a Chartered Accountant in Canada and began his career with Deloitte. He is now head of FIAT and Chrysler.No doubt his understanding of accounting helped him quickly identify how FIAT makes money. He is now applying that knowledge to Chrysler which frankly needs all the help it can get. 

    Recall that Bruce Howard mentioned the importance of branding. I recently read that Sergio says he adopted the black sweater and slacks look, stocking closets on both continents with the same clothes, He says it saves lots of time, just wear the same thing every day. Bruce would point out it also brand him, Steve Jobs and decades ago, Gary Player the pro golfer adopted the same get up. 

  • Professor Elam

    Thursday Feb 17 2011

    IMG_0130 Hmm, Apple needs to work on the white balance under fluorescent lights on the next iPhone!

     

    Anyway Bruce Howard visits with students after his talk Wednesday evening Feb 16, 2011. 

    Bruce's Remarks about Ten Things to Increase Your Personal Brand appear below. 

    thanks Bruce!

     

     

     

     

     

     

    “Me, Inc.—Ten Ways to Increase Your Personal Brand Value”

     

    1) Develop Your Story

    Me, Inc.

    Sell yourself                        All the time

    Marketing plan for Brand YOU

     

    2) Package Yourself

    How do you look to others?            Are you consistent?                        Image?

    Here’s what you get with me

     

    3) Build Your Resume

    Build It—not print it

    What did you do?

    What have you done?

     

    4) Connecting

    Cool people

    New places

    Ask/Inquire           

    Collaborate with others

     

    5) Rolodex Mania

    Build it

    Keep it current

    Maintain it

    Use it every week

     

    6) Lunch anyone?

    Ask someone you think may say no!

    They may say yes!

     

    7) Renew and Refresh

    Explore

    Invest in YOU

    Read new magazines            Papers            Web sites

    Obsess about what you don’t know!

     

    8) Get Involved

    Get outside of your bubble!

    Focus on the Opportunities!

     

    9) Small is BIG!

    Take the jobs no one wants!

    Make it cool!           

     

    10) Board of Directors

    Use them!                        Generate ideas!

    Cultivate the relationships!

     

    So what will you do today?

    Here’s a start!

     

    Who are you?

    List 3 behaviors that identify you-your brand

     

    What are you?

    Identify 3 ways to enhance your knowledge

     

    Where are you?

    List all the different ways to be “seen”—be heard—be known

     

    Why you?

    Build your USP—write it out—know it!

     

    So get in the game!

     

    Do it!  Now!

     

    Brand You!

     

     

     

     

    For more information about how to develop your Brand contact:

    Bruce Howard, Director, Operations & Development

    Fisher, Herbst & Kemble, P.C.

    Certified Public Accountants

    210-477-2725

    bhoward@fhkcpa.com

     

  • Professor Elam

    Thursday Feb 17 2011

    Is Your Job Endangered is certainly a must read for all those in college at this point. 

    Last night Bruce Howard talked about the accounting profession. This article refers to professional licenses as sponges. I would reply that what has happened is the union mentality mind set of excluding people from jobs thru license requirement. There is certainly a reason to license doctors lawyers cpas engineers architect, but now all want on the 'professional bandwagon.'

    My take is that we do not study accounting to that you can make journal entries, though sadly that is the way a lot of the study is portrayed. One studies accounting and finance to understand the big picture and analyze what is going on, make recommendations, and such. 

    I also believve there is good reason to pursue CMA and CIA, most of you will not be working for a cpa firm. 

    As Bruce Said, it pays to be well read.