Seminar Archive Past Seminar Panelists 2014: Managing Risk in an Interconnected World From religious and ethnic strife to government policies that impact currency exchange, the cost of failed risk management falls on businesses, financial institutions, and, ultimately, investors and consumers. Our panel discussed risk management and how it impacts these groups in the era of globalization.+ More Dr. P. Richard Bohr Moderator Dr. P. Richard Bohr is chair of Asian Studies at the College of Saint Benedict and Saint John's University as well as an adjunct professor in the Master of International Business Program at Saint Mary’s University of Minnesota. A specialist on relations between Asia and the West, he publishes, lectures, and consults with organizations on ways to broaden East-West interchange. Dr. Bohr is former President and Executive Director of the non-profit Midwest China Center and former Executive Director of the Minnesota Trade Office. Curt Hanson Curt Hanson is a founding principal of Trade Acceptance Group, Ltd. (TAG), an independent trade credit insurance brokerage firm and packager of pre- and post-export finance loans. TAG works with small business and middle market exporters. In October 2011, TAG was recognized by the U.S. Export-Import Bank as its largest small business broker in the nation. Curt holds an appointment to the Minnesota District Export Council. Mary Henehan Mary Henehan is a member of the FX marketing team in the Foreign Exchange Department at U.S. Bank in Minneapolis. She specializes in helping companies create effective payment processes, understand their FX exposure, and develop and implement strategies to mitigate risk. She has more than 20 years of experience in the FX industry. Mary teaches U.S. Bank’s FX seminars and has been a guest speaker at many conferences and symposiums. Patty Pelzer Patty Pelzer is the CFO at United States Distilled Products Company (USDP) in Princeton, Minn. USDP sells alcoholic beverages throughout the United States and 10 other countries. USDP purchases raw materials in foreign currency and receives payments in some foreign countries. Pelzer was an auditor and then CEO at Kavouras, Inc. She has worked on everything in the export business from letters of credit to foreign currency options. Tim Reifschneider Tim Reifschneider is the export manager for Rosenbauer America, LLC, responsible for marketing emergency vehicles manufactured at the company’s U.S.A. facilities. He negotiates contracts and payment terms with foreign governments and municipalities. Reisfschneider expands marketshare in volatile economies through risk assessment and by utilizing Exim Bank, private credit insurance, and medium-term financing programs. 2013: Truth of the Trade Devry Boughner discussed history and current free trade issues at the 2013 Hendrickson Forum Seminar.+ More Although people talk about the “tricks of the trade,” Devry Boughner, Cargill’s chief free trade lobbyist, says, “Through everything we do when we advocate for open markets and free trade, the focus remains on truth and transparency. Cargill has remained true to the reality that there are trade-offs that are more beneficial to some than to others.” How do we advocate for sound public policies in the face of these trade-offs? How do these issues impact Minnesota’s business climate? Ms. Boughner has worked for the World Bank and in a U.S. trade representative’s office as a “cocoa, sugar, confectionery, ethanol and all natural sweeteners analyst.” She was a senior economist at the International Trade Commission (ITC) before joining Cargill eight years ago. 2012: From Free to Fee Our expert panel discussed how organizations and individuals can search, assess, and distribute information.+ More Aimée M. Bissonette Attorney, Little Buffalo Law and Consulting Practices intellectual property and cyber law Keith Elzia President, Enterprise Content Solutions Delivers strategic, data-driven marketing solutions Cody Hanson Web architect and User Experience Analyst, University of Minnesota Libraries Develops new modes of access to information Jim Magnuson Librarian, Hennepin County Library - Minneapolis Specialist in business intelligence 2012: InnovationLive Barry Dayton, knowledge management strategist at 3M, discussed innovation and collaboration in corporate culture.+ More 3M’s reputation for innovation is built on deliberate actions to re-use, create, capture and share knowledge, built on a culture of collaboration. Barry Dayton discussed lessons learned while: Generating strategic ideas from global employees in 42 countries; Using social networking to capture over 700 product and new market ideas from 1,200 employees – in two weeks; Creating a process for capturing and sharing “soft knowledge” that would otherwise walk out the door when experts retire; and Building a corporate culture that inspires innovation. Mr. Dayton leads the Knowledge Management Program Office (KMPO) for 3M, working to improve 3M’s business performance through the mindful application of KM tools and practices. KMPO currently has over 20 engagements spanning all functions, several businesses and 40 countries. Mr. Dayton has additional experience in R&D, manufacturing, and human resources. 2011: Microfinance in the Urban Core Our distinguished panelists discussed how microfinance – access to banking, credit and related services – helps move individuals from poverty. Widely publicized as a tool for developing nations, these services also have a profound impact on residents in the urban core of the Twin Cities.+ More Ramón León President, Latino Economic Development Center Mr. León is known for his work in Latino economic development, past and present. As a founder of “Cooperative Mercado Central,” a community-based development project, he helped revitalize Lake Street in Minneapolis. He’s a well-known national speaker on topics including wealth creation among minorities, immigration, economic impact of immigrants, and building socially responsible business communities. Diane Paterson Director of Microenterprise Development, Women Venture Ms. Paterson works with funding for a variety of successful businesses and also directs the Mentorship Program. She’s experienced in business development, funding opportunities, cash flow management, and marketing. Having run a successful business, she understands what entrepreneurs need and guides them to the support WomenVenture offers to “women — and men — of all economic and ethnic backgrounds.” Joe Selvaggio Founder, MicroGrants (MHTA) Joe Selvaggio is especially qualified to talk about microfinance. Mr. Selvaggio has led Project for Pride in Living, a nonprofit organization promoting self-sufficiency through housing, training, and resources. He was a founder of the One Percent Club, an organization promoting philanthropy among the wealthy. He started MicroGrants to connect the affluent with the low-income through monetary grants to foster self-sufficiency. Mihailo (Mike) Temali President, Neighborhood Development Corporation Based on his years of experience in economic development, Mr. Temali now focuses on building small businesses to revitalize neighborhoods. Neighborhood Development Corporation uses a “business incubator” model to help new immigrants and other would-be entrepreneurs to overcome obstacles. Mr. Temali has worked on seven business incubators, including Mid-Town Global Market and, in progress, Frogtown Square. 2010: Demographics and Development: Migration's Impact on Minnesota Businesses Our distinguished panelists described how world migration's demographic and economic upheavals are impacting Minnesota, specifically businesses and their changes in owners, employees, customers and the culture of their markets. With 19 Fortune 500 companies headquartered here, Minnesota both leads and is vulnerable to market changes due to migration.+ More Moderator: Richard Bohr Former director, Minnesota Trade Office and faculty member, Saint Mary's University of Minnesota Tom Gillaspy Minnesota State Demographer Minnesota's state demographer is involved with a wide-ranging set of issues, applying an understanding of demographic trends in such areas as the state's economy, labor shortages, rural population change, the aging state workforce, health care for an aging population, government spending, and welfare reform. The demographer is in the Minnesota Department of Administration. Jesse Bethke Gómez President of Comunidades Latinas Unidas en Servicio (CLUES) CLUES is a family-centric provider of services in health, family case management, and economic advancement for Minnesota’s Latino population. CLUES is among the Top 25 Hispanic Non-Profit Agencies in America (Hispanic Business Magazine 2007). Mr. Bethke Gómez has also served as a business consultant to private industry; conducted strategic planning for government, education, non-profits and private companies; and provided leadership development. Kate Rubin President of the Minnesota High Tech Association (MHTA) MHTA is the largest technology trade organization in the state. MHTA supports the growth, sustainability and global competitiveness of Minnesota’s technology-based economy through advocacy, education and collaboration. Ms. Rubin has led a $100 million, 100-person technology business and managed multiple entrepreneurial start-up operations in marketing, sales, service and systems integration across a broad set of industries. Hussein Samatar Executive director of the African Development Center (ADC) of Minnesota ADC works within the African communities of Minnesota to start and sustain successful businesses, build assets and promote community reinvestment. For two years, ADC has been recognized as the number one small business lender of the City of Minneapolis. Mr. Samatar has worked as a commercial banker with Wells Fargo and Norwest Banks. In 2009, the Minneapolis/St. Paul Business Journal selected him as one of the top minority corporate executives of the year. 2009: Culture, Ethics and Transparency in International Trade Minnesota companies working around the world experience a variety of cultural differences in local practices, some of which might be considered unethical. Business, government, and legal experts on the panel discussion explored how U.S. businesses navigate issues of ethics and transparency in developed and emerging markets, with an emphasis on the Pacific Rim, and shared how they comply with the U.S. Foreign Corrupt Practices Act when compliance might offer suppliers in other countries an unfair advantage.+ More Moderator: Paul Richard Bohr, Former Director, Minnesota Trade Office; and faculty member, Saint Mary’s University of Minnesota Panelists: Trevor Gunn, Director of International Relations, Medtronic, Inc. Jim Sanderson, Vice President, Lawson Software, Inc. Matt Mahmood, COO, Pioneer Plastics, Inc.; Saint Mary's University Board of Regents Ruilin Li, International Practice Group, Fredrickson & Byron, P.A.