This Notre Dame Professor Was Named The World’s Leading Entrepreneur Expert
Notre Dame Mendoza College of Business professor Dean Shepherd was recently recognized as the leading scholar in entrepreneurship research, according to a recent study published in Journal of Small Business Management.
“Contributing Forces in Entrepreneurship Research: A Global Citation Analysis“—co-authored by Chang Xu of Renmin University, Yining Chen of Western Kentucky University, Ann Fung of University of Washington and Kam C. Chan of Western Kentucky University—concluded that Shepherd contributed to entrepreneurship research more than any other academic figure.
The study used a sample of more than 2,000 entrepreneurship articles published in leading journals between 2002 and 2013. Shepherd was identified as both the most prolific author with 54 total articles and the most impactful, as measured by a weighted normalized citation count.
Entrepreneurship is a relatively new field of research, and therefore presents “as a unique opportunity for a wider range of institutions and scholars to collaborate and develop expertise and leadership research,” according to the study.
With that being said, Shepherd has had his work published in top entrepreneurship, general management, strategic management, operations management, and psychology journals and has written or edited more than 20 books.
One of his more recent papers is titled “The Surprising Duality of Jugaad: Low Firm Growth and High Inclusive Growth” and explores entrepreneurship in resource-poor environments. According to a press release, “jugaad” is a Hindi word that means finding a low-cost, intelligent solution to a problem by thinking constructively and differently about innovation and strategy. The paper was published in the Journal of Management Studies.
Shepherd is the Ray and Milann Siegfried Professor of Entrepreneurship at Notre Dame’s Mendoza College of Business. He received his doctorate and MBA from Bond University in Australia.
Read “Contributing Forces in Entrepreneurship Research: A Global Citation Analysis” from the September edition of the Journal of Small Business Management and check out his 2014 Ted Talk “How Do We Learn From Failure?” below.
The Not-So-Secret Way To Land a Job at EY-Parthenon
After the hard work and sweat of earning an MBA degree, you’ve probably thrown yourself into searching for the perfect job to match your new found expertise. Luckily, some of the world’s top companies are also looking for you.
Companies like EY-Parthenon are always looking to recruit top MBA talent seeking careers in strategy consulting. A division of Boston-based EY (formerly Ernst & Young), one of the world’s top professional services firms, EY-Parthenon is a strategy consultancy which aims to combine innovative thinking with clients’ smarts to create actionable strategies that can cause a real impact in today’s business world.
MBAs Love EY-Parthenon
For MBA graduates looking for a career in strategy consulting, there are few places that can provide the unique combination of diverse clients and rewarding entrepreneurial work that EY-Parthenon offers. Comments from Parthenon’s MBA-holding consultants on why they love their job range from the incredible relationships they get to build with clients to the competitive benefits package they receive (including a night at the EY suite at Yankee Stadium).
“There is certainly an attitude in the New York office that we work hard but ensure that we find that balance necessary to enjoy the great benefits of working with wonderful colleagues in the best city in the world,” commented a graduate of NYU’s Stern School of Business and current Senior Consultant at EY-Parthenon.
For Adam, a graduate of the University of Chicago Booth School of Business and current Vice President at the Shanghai office of EY-Parthenon, working at the company has given him the opportunity to use his industry specific expertise to benefit a diverse set of clients.
“[A]t any given time, I may be leading a two-week diligence for a private equity client while also working on an eight-week corporate strategy engagement,” he says. “Having such a variety of engagements while still being able to be focused on very strategic work within a single sector practice is what I think sets EY-Parthenon apart.”
Life at EY Parthenon
As a consultant at EY-Parthenon, MBAs will play a critical leadership role in the company. Serving as the primary contact for clients, MBA graduates will have the chance to get their hands dirty right away, developing and executing work plans for a diverse client set. Consultants will use their knowledge of teamwork, leadership, analytics and communications to excel in the role.
The consultant career track at EY-Parthenon consists of various phases, beginning with work stream leadership—a focus on gaining the crucial analytical skills needed to best help clients—and ending with client management, the final stage before moving into a role as a partner or managing director. EY-Parthenon accelerates individuals through their careers and have no official timetable for new consultants outside of their own ambition and ability to take on responsibilities.
According to anonymous profiles on Glassdoor, consultants at EY-Parthenon make an average of $173,814 annually.
Landing The Job
Anyone can apply for a consultant role at EY-Parthenon, but the company also actively recruits at a number of undergraduate and graduate business schools. The MBA programs the company recruits from are spread throughout the world, and include some of the United States’ top programs, such as Harvard Business School, Kellogg School of Management, and the Stanford Graduate School of Business. The company also heavily recruits at international schools like INSEAD and the London Business School.
MBA students in their second year may apply directly for a full-time consultant role with the company, and first year students are eligible to apply for the summer consultant position. Any student attending a school that EY-Parthenon directly recruits from should check for the specific instructions on how to apply to these roles, typically through their university’s career services. The interview process for these schools typically takes place over two rounds, with the first round taking place on campus and second round interviews at the one of the various global Parthenon offices.
For more information on the company and job opportunities for current MBA students and graduates, check out the official EY-Parthenon MBA job page.
How To Join The Supply Chain Management Job Revolution in San Francisco
Like blockchain, the phrase supply chain management has been retconned into an inexact wallpaper of business jargon. But it doesn’t change the fact that supply chain managers (SCMs) are in higher demand than ever.
McDonough Professor Douglas McCabe Honored With New Award
Georgetown Professor Douglas McCabe of the McDonough School of Business was recently honored with the “Best Paper Award” at the 2017 Annual Conference of the American Society for Competitiveness in Washington DC. This year’s conference theme was “Breaking Down Barriers to Competitiveness: A Path Forward.”
McCabe’s paper was titled “Conflict Resolution and Organizational Justice in the Workplace—The Evidence Based Research” and discussed current evidence-based research on how employees can achieve justice, equity, and voice within organizations.
“Conflict and its resolution play a critical role in organizations,” McCabe said. “A growing proportion of companies and corporations have turned to various dispute resolution procedures to resolve the complaints and grievances of their employees within the organizational behavior context.”
McCabe’s work has already become more than just research, having been put into practice at progressive firms. “Many of these quality and legitimate systems were put into place based upon the policy recommendations of my stream of research, as well as the research of other human resource management scholars,” he said.
This was the fourth Best Paper Award McCabe has earned during his career at Georgetown’s McDonough School of Business. The professor of management has worked at McDonough since 2013, teaching EMBA and management classes. Additional awards earned by McCabe include:
- Recipient of the Award for the Best Conceptual Research Paper at the Fourteenth Annual Conference of the American Society for Competitiveness
- Recipient of the Best Paper Award at the Fourth Annual World Business Congress of the International Management Development Association
- Recipient of the Best Professor Award of the inaugural class of the Executive Master’s in Leadership/District of Columbia Public School Principals at the McDonough School of Business
- Recipient of the Excellence in Education Award of the Labor and Employment Relations Association
- Twice Recipient of the Joseph F. LeMoine Award for Undergraduate and Graduate Teaching Excellence of the McDonough School of Business
- Twice the Recipient of the Outstanding Reviewer Award from the Emerald Literarti Network of the Emerald Group Publishing Limited. Additionally
- Recipient of the Certificate of Recognition from the National Office of The Phi Beta Kappa Society
McCabe earned his Ph.D. from Cornell University, his M.S. from Loyola University of Chicago, and his B.A. magna cum laude (Phi Beta Kappa) from Marquette University. Along with his written work in numerous academic refereed journal articles, papers, monographs, and speeches, he is also an active domestic and international management consultant.
Loyola Quinlan Professor Offers Holiday Gift Buying Advice to Shoppers
News Flash: We’re less than one week away from Christmas! Have you finished your holiday shopping yet? Of course you haven’t! For those procrastinators who have not, Professor Mary Ann McGrath of the Loyola University Quinlan School of Business has some tips for you.
McGrath recently published a guide on the Quinlan website that outlines four shortcuts for gift giving. The list offers consumers a few different ideas on how to best spend money on others this holiday season. A survey by the National Retail Federation shows that shoppers are expected to spend about $967 this year, up 3.4 percent from 2016; and that number only increases for those in the 18-24 year-old demographic.
McGrath’s first piece of advice is to focus on one or two special people. Don’t get hung up on finding special gifts to everyone in your life, you’ll only be wearing yourself, your time, and your money thin. Instead, she advises that consumers “choose one or two special people in your life—perhaps your significant other, a very special friend, or a parent—and find that special gift for him or her.”
Next, McGrath encourages giving non-traditional gifts, such as services or nonprofit contributions. Think of who you are buying for an purchase a service that best suits them. Know someone with kids? Buy them credit toward a babysitting service. Got a foodie in your life? You can’t go wrong with a restaurant gift card.
For those who have everything, consider making a contribution to a charity in their name. “If you are not sure which groups your recipient favors, a charity that benefits children is always a good choice,” she says.
Ultimately, McGrath says that the most successful gifts are small do not necessarily come from a store. In fact, she has found that “the perfect gift” is oftentime the handmade gift of a child. “In just that spirit, give generously and freely, try not to burden yourself or your recipients, and enjoy the company of family and friends,” she says.
McGrath, a professor of marketing, is an expert on consumer rituals, gift exchanges, and shopping behavior. She recently expanded her research into the international marketplace, and publishing several papers related to shopping and consumer behavior in China, where she lived and taught for two years. You can learn more about McGrath by reading her bio page.
USC and Marshall School of Business Lead Way For IoT Systems
The USC Institute for Communication Technology Management (CTM), the USC Center for Cyber-Physical Systems and the Internet of Things (CCI), and the USC Integrated Media Systems Center (IMSC) recently announced a partnership that will design, develop, test, and implement an Internet-of-Things (IoT) system to benefit communities in the Los Angeles metro.
You may be wondering: what is an IoT? These networks are built from groups of independent people or organizations that voluntarily work together to create consolidated data streams from numerous IoT device owners into one common flow. Moving forward, IoTs will allow those connected to a network to share the data from their devices so it can be used for applications that manage energy use, transit, garbage collection, air quality, parking, or leak detection in pipes.
In a simpler form, IoT is short-hand for multiple devices beyond just computers and smartphones, that are interconnected.
The Intelligent Internet of Things Integrator consortium—or I3 for short—will engage governmental agencies and industry partners to encourage the development of community-based IoT networks. According to a press release, the system will provide greater transparency between the developers who use data for decision-making purposes and the users or organizations that own the devices connected to IoT networks.
Spearheaded by USC, the I3 consortium aims to improve decision-making and customer service at municipal levels. For example, I3 applications bay include guides for firefighters in burning buildings, or detailed insights to improve economic activity such as the foot traffic outside of a potential restaurant venue.
“We live in an age of data-driven innovation, and initiatives such as the I3 Consortium are essential to leveraging the data that surrounds us for a strong future,” said USC Marshall School of Business Dean James G. Ellis. “USC and Marshall will continue to lead the way in helping our students, faculty and community better understand the convergences between businesses, consumers and governments that will shape cities in this age of data.”
Ultimately, the system aims to turn consumers into entrepreneurs and I3 co-founders Bhaskar Krishnamachari, Jerry Power, and Cyrus Shahabi hope to distribute the technology as opensource software so other municipalities, states, and other government entities can benefit from USC’s system.
