Teaching at PSU

Update, August, 2018: Penn State Great Valley Electronics Lab named for Chuck & Karen

Karen and I were honored on April 24 to participate in a ribbon-cutting ceremony at the Electronics Lab that we donated to Penn State Great Valley. This was held at the REV-UP Center for Entrepreneurship and Innovation that I helped create this past year. An article was published by both on the Penn State Great Valley website and in Penn State News. We look forward to our continued relationship with the campus and its programs, which are so valuable to our greater community.

Update, January, 1014: I have finally retired from actively teaching, with the Fall, 2013, class as my last course. I am staying on as a member of the Management Advisory Council. I truly appreciate the eleven years that I have been fortunate enough to have taught at Penn State Great Valley.

I have been teaching at Penn State Great Valley School of Graduate Professional Studies (an AACSB accredited business school) since the Summer session of 2003. I teach several courses per year - normally three courses per year, sometimes four - including BUSAD 511 - New Ventures 1, BUSAD 522 - New Ventures 2, and BUSAD 575 - Developing Technology Ventures (formerly “High Tech Venture Development”), all in the MBA program in the Management Division of the B-School. For Example, in the 2007/2008 and 2008/2009 school years, I taught "High Tech Venture Development" in the Fall, "New Ventures 2" in the Spring, and "New Ventures 1" in the Summer.

To see a sixteen minute extract of an interview conducted by Money Matters TV on April 13, 2011 wherein I discussed the Penn State New Ventures and Entrepreneurship program click here.

I was honored for my teaching at PSU during the Spring, 2014, Faculty Meeting. A description of that event is found here.

I have taught BUSAD 511.101 "New Ventures 1" during Fall, Spring and Summer sessions. New Ventures 1 is the first of the Entrepreneurship specialty courses leading to the New Ventures MBA degree. I teach from a minimum of 8 students to as many as 32, almost all of whom are full-time employed, and who seem to generally be in their early thirties (though their ages range from mid-20's to "mature"). Their combined work experience, maturity, and academic focus on Entrepreneurship provides the leverage to maximize the course's potential. The chart below illustrates most of what & when I have taught or is currently scheduled:

   Year    Spring Summer Fall
2004   New Ventures 1 New Ventures 1
2005     New Ventures 1 (Fall-1) &
New Ventures 1 (Fall-2)
2006 New Ventures 2   New Ventures 1 &
New Ventures at
The Philadelphia Center
2007 New Ventures 1 New Ventures 1 High Tech Venture Development (Fall-1) &
New Ventures 1 (Fall-2)
2008 New Ventures 2 New Ventures 1 High Tech Venture Development (c) &
New Ventures 1
2009 New Ventures 2 New Ventures 1 New Ventures 2
2010     New Ventures 1 New Ventures 1 at PJM* (Fall 1)
New Ventures 1 (Fall 2)
2011 Developing Technology Ventures (c) New Ventures 1 New Ventures 1
2012 New Ventures 2 New Ventures 1 New Ventures 1
2013 New Ventures 2 New Ventures 1 New Ventures 1
2014 <cancelled**>New Ventures 2 New Ventures 1 <retired>

* Note: This course was conducted onsite at PJM Interconnection, the regional energy RPO located in Norristown, PA.
**Note: This course was cancelled when I announced my retirement from teaching. I subsequently agreed to teach one more course, the Summer session of NV1.

Update: Examples of CourseWare (from New Ventures 1 in 2013)

New Ventures 1 was the first of a two-semester duo, to be followed by New Ventures 2. In NV1 we created the Entrepreneurial Mindset, and worked to get the venture from vague thought to “Go”. NV2 was from startup through early growth to the hopeful “hockey stick” of growth.

The documents below are copies of my NV 1 Syllabus, the handout slides for the course, and the student evaluations of the course. I actually used the handout slides as a basis for my lectures, but did not use the slides in the class except when I illustrated an example. Such an illustration is in the explanation of the cummulative cash flow curve in Class 03 - Business Model, slides on pages 14-16. Those slides built one on another to help the discussion. Normally, though, I just spoke to the class without any visuals. Our classes were each three and a quarter hours in duration, so we had time to discuss the topics reasonably thoroughly. Please note that these materials are copyrighted as my own or cited to another source.

 Inspire - Teach - Change     Some important topics

As an example, I taught the New Ventures 1 course in the Fall of 2012, with the class having 24 students. We formed six teams, and during the course they delivered six outstanding Business Plans for the virtual businesses they created for the course. The businesses were innovative, well thought out, and very well presented. I would bet on each and every one of them to be successful with the management teams that created them.

I generally teach New Ventures 2 in the Spring sessions, but the scheduling depends upon the course demand and other factors. Some of the NV 2 classes are small; the intimacy permits a whole-class dialogue to ensue, which is invaluable to the class. New Ventures 2 concentrates on legal, financial, investment, growth, facilities, marketing, and other issues that the new venture encounters, whereas New Ventures 1 introduces the creation of the business, innovating new products, finding funding sources, defining the market, building the organization, .... The course is focused on a series of Case Studies, some pre-developed and some produced by the students. Each student is partnered with an actual entrepreneur and their business to perform a case study of a particular issue that the entrepreneur and I have agreed is of value to that enterprise. The student presents the case study to the class and the host entrepreneurs as their term project. I hope to see you there.

Developing Technology Ventures is generally offered in the Fall. It is right in my "sweet spot" of subject material, being both entrepreneurial and tech-oriented. For a funny spin on High Tech Venture Development, see this YouTube clip by RichterScales.

Do not cut class! But live your own life, too
Please - do not cut my class!  You want a textbook? Here’s a damn textbook.

Teaching at The Philadelphia Center The Philadelphia Center

In addition to teaching at Penn State Great Valley School of Graduate Professional Studies, I also have taught at The Philadelphia Center. The Philadelphia Center is sponsored by a consortium of over 60 colleges and universities, whose chief sponsor is Hope College. The Center's program is like a "Junior Year Abroad" program, but for students who want to experience a major metropolitan area. They live and work coop in center city Philadelphia, as well as take a class in their and an elective. I am teaching the "Entrepreneurship" elective. You can learn more at The Philadelphia Center.

Return to Home Page