Charles Collat Discusses Strategy and Values with Collat Students
Charles Collat, Chair Emeritus of Mayer Electric Supply Company, was the special guest in the Fall 2016 strategy course, “Strategic leadership through the eyes of the C-Suite,” on October 25, 2016. His daughter, Nancy Collat Goedecke, CEO and Chair of the company, appeared by video from out of town. The course is a combined undergraduate honors course and MBA course which is a “capstone” experience for students, designed to bring together a variety of business disciplines in the study of business strategy.
According to Mr. Collat, among the values in place at Mayer Electric is the “Say what you are going to do, and then do as you said” principle. This principle guides how the company treats its customers, suppliers, associates, communities, and others. He described, for example, the company’s commitment to helping construction customers with the management of difficult building projects, by anticipating their needs and often keeping electrical supplies on their construction sites. This is one way the company lives up to its strategic vision is to be the “First Choice”℠ for all of its constituents.
UAB Breaks Ground for New Collat School of Business and Bill L. Harbert Institute for Innovation and Entrepreneurship Building
University of Alabama at Birmingham students with innovative business ideas won up to $5,000 to help get their concepts off the ground in a competition held at the Innovation Depot this week.
The UAB Innovation Lab (iLab) and Collat School of Business launched the Blazer Innovation Challenge, sponsored by IBERIABANK, earlier this fall to encourage UAB students to develop new solutions to product, service or process challenges.
The final five teams of students presented their ideas Wednesday, Nov. 16, at the iLab to a panel of Birmingham business leaders and entrepreneurs who judged the proposals.
Forrest Satterfield, a biomedical engineering student, took home the top prize for his proposal to develop a manufacturing system for motorized prosthetics that marries traditional production of motors with additive manufacturing of 3-D-printed prosthetics. Satterfield took home $5,000 as the first-place winner.
Blazer Innovation Challenge Student Winners Announced in “Shark Tank”-Style Competition
UAB officials and Birmingham business leaders broke ground today for the new building that will house the Collat School of Business and Bill L. Harbert Institute for Innovation and Entrepreneurship.
Community leaders including Charles Collat, Mayer Electric chairman emeritus, Ed Aldag of Medical Properties Trust, and Billy Harbert of BL Harbert International were in attendance to help shovel the first pile of dirt at the site, ceremoniously kicking off construction of the project, which is expected to officially begin Dec. 19, lasting 18 months.
Collat Students Tour Regions Headquarters During UAB’s Second Annual Regions Day
Collat students spent a day recently touring Regions Financial headquarters and learning about the many career options available at the S&P 500 company.
The event marks the second year Regions has opened its doors and welcomed Collat students to learn more about leadership and business in general and Regions Financial in particular. Collat’s Career Services office, which caters to business students and is located inside the business school, organized the event. Nearly two dozen Collat students representing all business majors were invited to attend the daylong event October 14.
"Regions Day is one of the many ways Regions is connecting with our students," said Rita Stewart-Hampton, director of Collat’s Career Services office. "It's part of a larger plan for Regions to meet, connect and network with the talent we have at our school."