Cornell Study Reveals Curious Fashion Findings, and More – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week, including curious new findings from a recent Cornell study.
How Disclosing Sponsored Content Affects Consumer Trust in Bloggers – Johnson Business Feed
Cornell University SC Johnson Graduate School of Management Assistant Professor of Management and Organizations Sunita Sah, along with Georgetown’s Prashant Malaviya and Debora Thompson, recently co-authored new research that examines how “consumers react to disclosures of sponsorship from fashion bloggers.”
In a recent release from the Johnson Business Feed, professor Sah writes, “In contrast to much of the previous research on conflict of interest disclosures, we found that in the context-rich setting of online blogs, conflict of interest disclosures have the unanticipated consequence of increasing, rather than decreasing, consumer trust in the blogger and their expertise.”
Sah explains how the blogosphere could more effectively handle disclosures:
“If the purpose is to protect consumers by assuming they will make the necessary adjustments to the advice they receive, it’s crucial that we consider the impact of processing by readers and thoroughly understand any unintended consequences that may occur. We may just have to think harder for solutions other than disclosure to manage conflicts of interest.”
You can find more about the Cornell study here.
Round-the-Clock Work Emails Impact Health, Relationships – Lehigh College of Business and Economics Blog
New research co-authored by Lehigh University College of Business and Economics Associate Professor of Management Liuba Belkin, Virginia Tech’s William Becker, Colorado State’s Samantha A. Conroy, and Virginia Tech doctoral student Sarah Tuskey finds that “personal relationships and home life suffer for those tied to their work emails round-the-clock.”
According to the Lehigh College of Business and Economics Blog, the study is the first to “test the relationship between organizational expectations to monitor work-related electronic communication during non-work hours and the health and relationship satisfaction of employees and their significant others.”
Belkin notes that round-the-clock work emails are “an insidious stressor that not only increase employee anxiety, decrease their relationship satisfaction and have detrimental effects on employee health, but also that they negatively affect partner (significant other) health and marital satisfaction perceptions.”
Belkin recommends that organizations “set off-hour email windows and limit use of electronic communications outside of those windows or set up email schedules when various employees are available to respond.”
The researchers presented “Killing Me Softly: Electronic Communications Monitoring and Employee and Spouse Well-Being” at the Academy of Management annual meeting in Chicago earlier this month and is due for publication in the Academy of Management Best Paper Proceedings.
You can read the full article here.
Professor Applies Principles of Operations Management to New Areas – Rutgers Business News
The Rutgers Business School recently published a profile of Supply Chain Management Department Chair and Associate Professor Lian Qi, whose research “goes beyond the traditional supply chain domain [to explore] new and relevant [topics] related to areas of high impact.”
According to the profile, highlighted in a recent release from Rutgers Business News, Professor Qi’s research “seeks to apply operations management principles and techniques to resolve customer service issues in … healthcare service and the service operations for electric vehicles.”
In the piece, Professor Qi explains why he opted to pursue a career in academia:
“My father is a professor who has inspired my various interests since I was a child. The second reason is that after I worked as a supply chain management consultant at SAP, I wanted to study more theoretical concepts in this area. I also love to work with students. This makes me feel that I can really help many people not just help a department within a company.”
YOu can read the full interview of Qi here.
Georgetown McDonough Announces New Flex MBA Program
In response to market research and student requests, Georgetown University’s McDonough School of Business is adding greater flexibility to its part-time MBA program. The updates include technological innovations for the inclusion of hybrid courses, new course delivery options, and a more adjustable duration. The idea behind the new Georgetown Flex MBA is to ensure that working professionals can better balance their career commitments with their personal commitments. Continue reading…
Georgetown Jumps in Newest Financial Times Global MBA Ranking
Georgetown was one of the bigger winners after the Financial Times unveiled their newest Global MBA Rankings, with the McDonough School of Business earning 16th place in the U.S. and 30th in the world, up from 18th and 40th last year.
To create their rankings, FT evaluated each qualifying MBA program across a wide range of criteria. Much of the data is gathered from alumni and university surveys. According to McDonough, this year’s survey was completed by the class of 2014, which was the first cohort to complete the new school’s new MBA curriculum.
“As a school that prides itself on innovation and excellence, we are pleased to continue climbing in the Financial Times MBA ranking,” said Prashant Malaviya, senior associate dean for MBA programs. “At McDonough, we prepare our students to be principled, global-ready leaders, and we are happy to be recognized by a ranking that values international experiences, career success, and faculty scholarship.”
In addition to alumni data, FT takes the international character and diversity of the school into account for their list. McDonough’s 42-place jump in the International Experience Rank (4th in the U.S.) contributed to high marks in those criteria, as did the required Global Business Experience consulting project and the growing number of international career treks. The school’s faculty research rank is now 19th in the world, up 10 places from last year.
The Financial Times publishes seven rankings annually, relating to MBA, EMBA, Master in Finance, Master in Management programs and Online MBA programs, as well as non-degree executive education courses. They also issue a separate ranking of top European Business Schools. Check out FT’s interactive rankings tables to search for a school of interest, sort by selected criteria and filter by location.
Read more about this year’s FT rankings in our recent spotlight, courtesy of Clear Admit.
What Georgetown McDonough MBA Students Learn Outside the Classroom
What do Colin Powell, an Indiana dairy farm, the DC Department of Public Works, and a triathalon have in common? They are all part of the fabric that comprises life outside of the classroom for MBA students at Georgetown University’s McDonough School of Business. Sure, it makes sense to judge a business school on what takes place inside the classroom. But in skimming three seemingly unrelated recent news briefs from the school, we realized that taken together they help paint a picture of what life outside the classroom can look like.
Former Secretary of State Colin Powell Speaks
In September, the former U.S. Secretary of State and Chairman of the Joint Chiefs of Staff Colin Powell visited Georgetown McDonough to speak on the subject of leadership. He discussed his former military and government experience, as well as a turning point in his career: earning his MBA. The event was part of the Stanton Distinguished Leaders Series and was hosted by the McDonough Military Association, an MBA student club for military veterans.
Faculty, staff, alumni, and students were all invited to observe the conversation, which began with Powell touching on his MBA education. He shared with attendees about how his MBA—which he earned from George Washington University in 1971—enabled him to focus “on the more human elements of leadership,” explained the McDonough press release. He also talked about how he improved his management and leadership skills by gaining a better understanding of basic human psychology.
Powell then went on to speak about his career. He shared his experience of being pulled in a variety of different directions, including public service positions, telling audience members: “You serve where you are needed. This is what service is all about.”
Then, he went on to highlight what he views as essential components of effective leadership, namely helping others, stressing the human element of an organization, and building trust. He explained that he never tried to be an authority but to influence others, stating “leadership and followership are completely enmeshed.”
Finally, he touched on the importance of diversity. “We are a vibrant economy because of immigration,” he said. “We shouldn’t demonize anyone.” He talked about how diversity is important for leadership and for building a stronger America. The event ended with questions from audience members and drew praise from many in attendance.
As Prashant Malaviya, an Associate Professor of Marketing at McDonough, said on Twitter: “Honor and privilege to welcome Colin Powel to Georgetown McDonough. Amazing talk! Thank you!”
Hands-On Experience
Outside of learning from presentations and speakers, MBA students at McDonough also learn through hands-on opportunities such as a recent visit to Fair Oaks Farms, a sustainable dairy farm in Indiana, as well as a summer internship with the DC Department of Public Works (DPW).
The farm visit, which included 18 MBA students, was part of the course “Principled Leadership in Business and Society” taught by Associate Professor Ed Soule.
The trip was designed to help students learn more about sustainable business by seeing it in practice. Fair Oaks Farm is the sixth largest dairy cooperative in the nation and an agri-tourism destination owned by Sue and Mike McCloskey. While visiting, MBA students were able to see how the farm employed various practices and technologies to minimize its environmental footprint while maximizing the comfort level of the cows.
“It’s one thing to read a case about a sustainable business, but seeing it and meeting the people adds another dimension,” Soule said in a news release about the trip. “The other objective of the trip was for them to interface casually with the McCloskeys, to pose questions, and get a more nuanced understanding of the business.”
Second-year MBA student Emma Loughman called the farm an “epicenter of innovation” and said she enjoyed learning about the difference between organic and sustainable farming.
As for the internship with the DC DPW, two students—Paul LaCorte (MBA ’18) and Leo Dzidziguri (MBA ’18)—participated in the trial program between the department and Georgetown McDonough. Over the course of the hands-on, three-month experience, the students responded to a request by the city administrator to evaluate two critical areas: light vehicle repair turnaround and citywide compliance and preventative maintenance.
The internship required data collection, analysis, visualization, process mapping, site visits, and audits. “We were involved in projects that required knowledge from multiple fields,” Dzidziguri said in a news release. “For example, I performed statistical analysis on several years of data to identify reasons why the Fleet Management division could not meet its key performance indicators, while at the same time studying the operations and recommending a new map for more efficient processes.”
Extracurricular Fun and Fitness
Finally, no MBA program is complete without a bit of friendly competition. Early in September, three Georgetown MBA students participated in the 12th Annual Nation’s Triathlon. Hall Wang (MBA ’19), Taylor DeVoe (Evening MBA ’20), and James Hesburgh (MBA ’19) signed up for a 1,500-meter swim, 26.2-mile bike ride, and 10k run relay—respectively. This was an opportunity for the MBA students to meet outside the classroom and campus to explore their common interests.
In a short news brief on the school website, Wang described the triathlon as a relationship-building experience. “I like to think we showed what the Georgetown MBA experience is all about,” he said. “Regardless of cohort or program, we build relationships and partake in our community, one fun adventure at a time. Ours just started with a really early alarm clock and ended with some sore body parts, but now we have an exciting story to tell.”