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Dean’s Message

March 25, 2021 Todd Mooradian
Dean Mooradian with Jasmine Neal, DPA, MBA

Every day, I am inspired by the ways your College of Business prepares students for the real world. The College is in the business of creating professionals who will be successful in their chosen field and will have all the tools and the vision to change the world for the better.

As we prepare our students for those leadership roles to which they aspire, we must ground them not only in the tactics, tools, and theories of business management, we must ground them in a fundamental appreciation for others. No one can lead but that they respect, reinforce, and nurture the potential and the contributions of others — others who are like them, and others who are different.

The university setting is often the first time many of us encounter and work closely with peers from markedly different backgrounds and experiences. It is our responsibility and our great pleasure as educators and mentors, to use those experiences to help our students understand that diversity adds – it does not detract. Programs, such as the Center for Free Enterprise’s reading group, help facilitate discussions on a range of current and important topics, discussions that integrate different opinions and different ideas, even different values and priorities.

Learning to be open to diverse and divergent ideas and learning to work on multicultural, heterogeneous teams is both principled and practical – and it is more fun. At a fundamental level, most of us believe that fairness and decency compel us to afford everyone respect – the respect we would want others to show to us – and we know it is virtuous to give everyone a fair, unbiased chance to contribute and succeed. It is also practical to give everyone opportunity and to integrate all contributions and ideas into open, nurturing, and productive organizations. Diversity also contributes to greater pleasure of “fun” – a world of people who are different, who offer diverse values, culture, and aesthetics – is more interesting, more thought-provoking, and more fun.

Research shows that creating more inclusive business practices and policies is associated with higher corporate market value. I encourage you to read the research from our own faculty on the topic. Benjamin P. Foster, professor of accountancy, Andrew S. Manikas, associate professor of management, and Dianna C. Preece, professor of finance, recently published an article in the Journal of Accounting, Ethics & Public Policy entitled “LGBTQ Workplace Inclusion before and after Obergefell V. Hodges: Association with Tobin’s Q and ROA.”

In this issue of Currency, we celebrate the great strength which comes from embracing. From highlighting women in pivotal roles in family business to students like Ruomei Wang and alumni like Tendai Charasika, we believe in the value and impact diversity, inclusion, and fostering a sense of belonging adds to the very fabric of our community.

Our success and progress as a community are directly tied to our beliefs and investments in one another. When we come together and offer the grace that comes from learning and listening, we can achieve greatness. Thank you for being a part of our College community.

Todd A. Mooradian

Dean, University of Louisville College of Business

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