loader from loading.io

Kroger and Rubel Launch and Innovative Executive Education Partnership

Bellarmine On Business

Release Date: 08/31/2021

The Recession, Inflation and the Deficit in 2023 show art The Recession, Inflation and the Deficit in 2023

Bellarmine On Business

Episode 20: In today’s episode, host Jim Ray is joined by Dr. Frank Raymond (Professor of Economics) and Mr. Carl Hafele (Investment Manager and Professor) to discuss the current state of the US economy.  Both guest have joined the podcast to discuss similar topics in Episode 3 and Episode 16.  It’s always a lively conversation. Thank you for listening to this episode of the Bellarmine on Business podcast.  Please remember to SUBSCRIBE to our podcast, so you don’t miss an upcoming episode.  Disclaimer: The views and opinions expressed during the Bellarmine on Business...

info_outline
A Discussion on Inflation show art A Discussion on Inflation

Bellarmine On Business

Episode 19: In today’s episode, host Jim Ray is joined by Dr. Frank Raymond (Professor of Economics) and Dr. Bradley Stevenson (Professor of Finance) to discuss inflation and its impact on the US economy.  Both of whom are teaching a Bellarmine’s Rubel School of Business, in Louisville, KY. Thank you for listening to this episode of the Bellarmine on Business podcast.  Please remember to SUBSCRIBE to our podcast, so you don’t miss an upcoming episode.  Disclaimer: The views and opinions expressed during the Bellarmine on Business podcast do not necessarily...

info_outline
Dr. Abigail Hall on Preparing BU Students show art Dr. Abigail Hall on Preparing BU Students

Bellarmine On Business

Episode 18: In today’s episode, host Jim Ray is joined by Associate Professor of Economics Dr. Abigail Hall Blanco and senior undergraduate student Molly Rovinski.  Today we’ll discuss how Bellarmine’s Rubel School of Business is helping to prepare undergraduates for the next phase in life. Thank you for listening to this episode of the Bellarmine on Business podcast.  Please remember to SUBSCRIBE to our podcast, so you don’t miss an upcoming episode. Disclaimer: The views and opinions expressed during the Bellarmine on Business podcast do not necessarily reflect those...

info_outline
Tax Considerations for Small Business and Self-Employed Tax Payers show art Tax Considerations for Small Business and Self-Employed Tax Payers

Bellarmine On Business

Episode 17: In today’s episode, host Jim Ray is joined by Alisha Harper, Professor of Accounting, and Timalyn Bowens of Bowens Tax Solutions (also a graduate of Bellarmine’s Rubel School of Business). Today’s we’re focusing our discussion around disregarded entities (“flow entities”), such as LLCs, LLCs filing as S-corporations, Partnerships, etc. Disclaimer: The views and opinions expressed during the Bellarmine on Business podcast do not necessarily reflect those of Bellarmine University, its administration or the faculty at large.  The episodes...

info_outline
Economic Factors Impacting 2022 show art Economic Factors Impacting 2022

Bellarmine On Business

Episode 16: Host Jim Ray interviews Dr. Frank Raymond (Professor of Economics) and Carl Hafele (Investment Manager and MBA Professor). We discuss the 2022 economy. We’ll touch on inflation, supply chain, the worker shortage, energy’s impact on the economy, politics and war, capital gains and more. Disclaimer: Views and opinions expressed during the podcast don't necessarily reflect those of Bellarmine, its administration or the faculty at large. Episodes are designed to be insightful and thought

info_outline
Interview with Dr. OJ Oleka Rubel's Executive Board Chair show art Interview with Dr. OJ Oleka Rubel's Executive Board Chair

Bellarmine On Business

Episode 15: In today’s episode, host Jim Ray interviews Dr. OJ Oleka, Chair of the Executive Board of our Rubel School of Business. He’s also the President of the Association of Independent Kentucky Colleges and Universities. They discuss is important topics for the Rubel School of Business.

info_outline
Graduate Executive Education with Jorge Pazmiño show art Graduate Executive Education with Jorge Pazmiño

Bellarmine On Business

Episode 14: Jim Ray interviews Jorge Pazmiño, Director of Graduate and Executive Education Programs for the Rubel School of Business. We previously discussed Dr. Munshi's vision for executive education initiatives. Jorge has the responsibility for the development & implementation of some of those initiatives. Views and opinions expressed during the podcast don't necessarily reflect those of Bellarmine Univ, its administration or the faculty at large. Episodes are designed to be insightful and entert

info_outline
The Business of Space - Dr. Mike H. Ryan show art The Business of Space - Dr. Mike H. Ryan

Bellarmine On Business

Episode 13: Jim Ray interviews Dr. Mike H. Ryan, Professor of Management and Rubel’s Associate Dean, who also has an extensive background in space-related topics. There’s a tremendous future available. Join us for an interesting conversation about the business of space.

info_outline
Kroger and Rubel Launch and Innovative Executive Education Partnership show art Kroger and Rubel Launch and Innovative Executive Education Partnership

Bellarmine On Business

Episode 12: In today’s episode, we discuss the partnership between Kroger and the Rubel School of Business, which launched the Kroger Emerging Leaders Program.  Ann Reed, Kroger Regional President, Jacqui Fritz, Kroger Assistant HR Leader and Dr. Natasha Munshi, Dean of the Rubel School of Business discuss how the program was conceptualized, developed and implemented to help up and coming Kroger leaders.

info_outline
Perspectives on the Recent Developments in Cuba show art Perspectives on the Recent Developments in Cuba

Bellarmine On Business

Episode 11:  Host Jim Ray interviews Dr. Frank Raymond Professor of Economics and Chris Cloonan who is Cuba Policy Fellow for Just Foreign Policy, an NGO actively working with members of the US Congress on Cuba policy.  The protests in Cuba are receiving a lot of media coverage, so we thought it would be interesting to share some perspectives on root causes and possible objectives.

info_outline
 
More Episodes

Episode 12: In today’s episode, we discuss the partnership between Kroger and the Rubel School of Business, which launched the Kroger Emerging Leaders Program.  Ann Reed, Kroger Regional President, Jacqui Fritz, Kroger Assistant HR Leader and Dr. Natasha Munshi, Dean of the Rubel School of Business discuss how the program was conceptualized, developed and implemented to help up and coming Kroger leaders.

In Episode 1, Dr. Munshi described her vision for executive education certificate programs.  The opportunity to work with Kroger to custom-develop an Emerging Leaders Program is a result of her passion and execution.  This is a significant component of Rubel’s strategic plan. 

Professional Development Challenges during the COVID Pandemic

Jacqui discusses a number of challenges Kroger encountered.  As Kroger has grown in scale, the training and develop requirements have evolved.  Larger volume stores bring their own challenges based on diverse personalities and larger numbers of employees.  The technology challenges (i.e. e-commerce) increase as this aspect of sales continues to grow.  There’s also the staffing challenges as people retire and move-on.  HR looks to identify and cultivate new leaders to help cope with the myriad of both challenges and opportunities.

The Future of Work in the Grocery Retail Business

Ann comments specifically on the pace of change Kroger is experiencing.  Food is a substantial part of Kroger’s portfolio.  Investing in innovative ways to provide those items, and others, in a competitive environment is tantamount to Kroger’s success.  How Kroger thinks about a traditional brick and mortar location is vital to continuing a presence as a local community center.

What Are the Skill Sets and Competencies Kroger Expects as a Result of this Partnership?

There was a lot of discussion about aspirant skill sets and gaps Kroger sees among the new leaders its cultivating.  One aspect is equipping them so they have the confidence needed to make solid business decisions on a day-to-day basis.  Adapting to the multiple employee groups, in addition to a diverse customer-base, is a specific competency Kroger values and is expecting to provide via its partnership with Rubel. 

A confident leader will be ready to execute more effective and more efficiently.  In examining the existing gaps, they understood the advantage of additional training in financial concepts and measurements.  The program will help Kroger leaders to execute at the departmental levels within the stores. 

From a leadership standpoint, specific training effective accountability discussions.  Developing to skills and perspectives to lead a large group of employees is a highly-desired aspect of professional develop.  Executing on excellence is at the forefront.  Kroger and Rubel have designed the Executive Leadership Program to address these and other core (and advanced) managerial competencies. 

Ann Reed Discusses Her Inspiration for this Program

Ann originally met Natasha via Susan Donovan, Bellarmine’s President.  Both Ann and Natasha recognized the value of the “Zero Hunger.  Zero Waste” initiative.  Kroger is on a mission to end hunger in the communities it serves.  This was the foundation for a working relationship and exploration of additional opportunities. 

Ann was aware of some of the partnerships Dr. Munshi had developed in her previous roles, before coming to Bellarmine.  Ann wanted to develop a similar development program for Kroger leaders, outside of the internal training already provided by Kroger.  There’s value in the networking opportunities and exposure to other leaders in the community. 

Initially, Ann and Jacqui were thinking about local-area instructors, but the Rubel School of Business program offered even more.  Technology has enabled the program to involve instructors from across the country to participate in the Emerging Leaders Program

In describing her personal path, a career in the grocery business was not what Ann anticipated.  She started in Kroger’s Indianapolis division.  She was new to this industry.  What inspires her and interests her today are some of the same things she recognized 28 years ago.

The pace of change is something Ann loves.  It’s a very kinetic environment with the opportunity in interact with many people and personalities.  So many of her special childhood memories were around the table, and Kroger is all about food.  In her opinion, there’s no better place to work.

Ann still values those aspects which initially inspired her: People, Serving the Community and Great Food.

Kroger operates in Southern Indiana, Southern Illinois and most of the counties in Kentucky.  There are 116 stores employing 19,000 associates and is proud of its 90+ years.  Kroger is one of the largest employers in Kentucky.  They are the largest market-share grocer in the region.  Kroger focuses on its customers.  They want to be friendly; the items to be fresh and in-stock every single day. 

HRs Targeted Outcomes for the Kroger Emerging Leaders Program

Once a high-potential leader has been identified, he/she may be offered the opportunity to participate in this innovative program.  Kroger wants to instill a sense of accomplishment for those who complete this program.  The skills and competencies they learn can be applied and demonstrated at the local store level.  This creates a natural mentoring opportunity.

The program will drive improved financial results and the team’s ability to deliver an exceptional customer experience. 

The overarching concept is that these leaders will be moving up and through the organization.  Success as a result of this program will foster employee retention as the leaders pass on those skills to younger leaders and associates. 

The Decision to Partner with the Rubel School of Business

Ann commented on how proud she is of what Bellarmine stands for in the community.  The innovative approach to a developing a customized experience, using actual Kroger financial information, created in conjunction with Kroger is something that stood out for her.  The Kroger leaders will learn using their own data and experiences. 

Bellarmine moved extremely quickly to propose a workable concept that both parties refined and finalized together.  The speed of development and implementation impressed Ann.

Kroger has really embraced this experience and is confident in how it will help its leaders to rise to the next level.

Natasha comments that the current iteration of the program is done using technology, such as Zoom video.  This relates back to how Rubel is incorporating other thought leaders and experts to augment its own faculty in delivering a cutting-edge experience.

Key Take-Aways for other Senior Executives

As we conclude the discussion, we discuss how this type of partnership could help other organizations.

Long-term success is always about your people.  The type of programs Rubel can develop can help to demonstrate a company’s commitment to its people and their individual success. 

The Rubel team fosters strong communication as the program moves from conceptualization to implementation.  This engenders trust and enables a more efficient rollout.  It’s a partnership.

The value of the company’s decision to equip its leaders can also help with retention, another key metric for any organization. 

As a community, we need to focus on being learners for life.  This program provides an innovative opportunity. 

While a company may have an internal training and development team, incorporating an external partnership can be exciting.  There are outside perspectives and deliverables that could augment the internal team’s efforts.

Bellarmine’s strategic plan involves a focus on enabling transformative business education. In addition to this program, Rubel is also partnering with Kroger in the Rubel School of Business’ Women of Color Entrepreneurial Leadership Certificate.  This is another demonstration of Kroger’s commitment to the local community.  They sponsored 3 women entrepreneurs so each could participate in the program.  We recorded an episode detailing the aspects of the Women of Color Entrepreneurial Leadership Certificate

Bellarmine’s business school wants to partner with other organizations to enhance our community.  We are ready to pursue a similar opportunity with your organization.

 

THE MONTHLY FORECAST:

Upcoming Events

Fall 2021 – Mentoring Opportunities – This continues to be a strength of the Bellarmine experience.  Many fellow alumni mentor undergraduates and that opportunity continues to benefit the Bellarmine community.  Click here for more information.

9/11/21 – Women of Color Entrepreneurial Pitch Contest – As part of Dr. Munshi’s strategic plan for Rubel, this event provides an opportunity to see ideas and concepts being pitched for possible backing and sponsorship.  Click here for more information.

9/16/21 – Bellarmine Alumni Awards Celebration – Join Bellarmine in celebrating our distinguished alumni award recipients.  This exciting evening will be part of our inaugural Alumni Weekend.  Click here for more information.

9/30/21 – Dean’s Executive Speaker Series – We are finalizing our guest speaker for this event.  The website will be updated soon.  Click here for more information.  

                                                                                                                

Want to Listen to Additional Episodes?

You can find additional episodes on the Rubel School of Business Podcast page of the Bellarmine website, various Bellarmine social media pages, Apple Podcasts, Google Podcasts, Spotify, Amazon Music, Audible, Libsyn, Podchaser and many other podcast directories.  We encourage you to subscribe to our podcast so you don’t miss an episode.

 

Interested in Developing a Podcast for Your Business or Organization?

This podcast was produced by Jim Ray Consulting Services.  Jim Ray, host of the Bellarmine on Business podcast, can help you with the concept development, implementation, production and distribution of your own podcast.  For more information, visit:  https://jimrayconsultingservices.com/podcastproduction.