Information System Leaders, and More – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Teaching Creativity, Strategy to Tomorrow’s Information Systems Leaders – Stevens Institute of Technology School of Business Blog
The Stevens Institute of Technology SOB spotlighted assistant professor of Information Systems Dr. Aron Lindberg, whose Digital Innovation course is a cornerstone of the master’s program in Information Systems.
Dr. Lindberg writes, “Digital products and processes are central to what businesses do today. And information systems professionals need to participate in the process of creating those products and services, and continuously pushing the envelope in search of innovation.”
He adds, “With all the data available today, you need the scientific method to ensure you’re doing your analysis in ways that are reliable and valid. Otherwise, you are not going to make good business decisions.”
Information Systems Master’s Program Director Dr. Paul Rohmeyer lauded Dr. Lindberg’s course, which “blends technical, management, strategy and entrepreneurship components, and presents them in an environment much like where they’ll work once they graduate.”
You can read the full article here.
NYU Stern Congratulates Paul Romer on Winning the 2018 Nobel Prize in Economics – NYU Stern
NYU Stern’s Paul Romer was recently awarded the 2018 Nobel Prize in Economics “for integrating technological innovations into long-run macroeconomic analysis.”
Romer has conducted “applied research on the many ways that policymakers in the developing world can use the growth of cities to create economic opportunity and pursue social reform” as part of the NYU Stern Urbanization Project, which he also founded.
Romer also directs the Marron Institute of Urban Management, which “deepens the fundamental understanding of cities by working with civic innovators to improve urban management.”
You can read the full release from NYU here.
Talking with … Albert Greco – Gabelli Connect
Gabelli School of Business‘ “Talking with …” feature recently spotlighted professor of marketing Albert Greco who is currently researching a business history book about the post-1980 U.S. trade book business and has a business history book proposal under review about the marketing and financing of World War II in the U.S.
Greco discussed what interests him most about teaching consumer behavior, which he has analyzed in some shape or form since 1985.
“Consumer behavior looks at great questions and issues related to who, what, when, where, how, and why consumers decide to buy, or not buy, products and services. This means analyzing issues related to age, gender, style, prestige, the channels of distribution, etc.”
Greco also talked about issues related to university presses, which he described as “critical to the intellectual life of universities and academics, but many of them are small to medium-sized undercapitalized presses, and they need to address costly back-office operations and scale issues.”
You can read more from the interview here.
Cornell Introduces Grade Non-Disclosure – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Johnson Students Vote to Enact Grade Non-Disclosure – Johnson Business Feed
After a year-long study initiated by Johnson’s Student Council to “evaluate the alignment of academics and recruiting,” Cornell Johnson students have “voted to enact a policy of grade non-disclosure” in which Two-Year, One-Year, and Johnson Cornell Tech MBA students need not “disclose their grades to recruiters until after a full-time, post-graduation job offer has been extended.”
Associate Dean for MBA Programs Vishal Gaur writes “We hope that grade non-disclosure will encourage students to take more academic risks and think holistically about their education, personal development, leadership, and the impact they want to have in the future.”
Victoria Wilmarth (MBA ’18), who is now Brigham and Women’s Hospital’s Deland Fellow in Hospital Administration believes “the vote will strengthen the school’s collaborative community.”
“This vote helps bring Johnson’s academic experiences into alignment with the school’s values. I think this will deepen students’ commitment to collaborative learning and support academic risk taking for professional and personal development.”
You can read the entire Johnson Business Feed article here.
Five New Faculty Bring Mix of Research Insight, Corporate Experience to Business School – Stevens Institute of Technology School of Business News
For the 2018-19 school year, the Stevens Institute of Technology School of Business welcomed five new professors, all of whom are well equipped to help students “think critically about technology’s role in solving business problems.”
- Assistant Professor Apostolos Filippas: “Research interests include business analytics, natural language processing, data science, online platforms and market design.”
- Assistant Professor Pranav Garg: “Studies human capital, organizational design and learning, and strategy.”
- Associate Professor Anand Goel: Formerly a Director with Navigant Consulting whose “corporate experience is enhanced by research work that has been featured in many top journals, including the Journal of Financial Economics, Review of Financial Studies, and Journal of Finance.”
- Assistant Professor Majeed Simaan: Research interests include “banking and risk management, financial networks and interconnectedness, and portfolio theory and asset allocation.”
- Assistant Professor Jordan Suchow: Formerly a “research scientist with the Berkeley Artificial Intelligence Research Lab at the University of California–Berkeley.”
You can find out more about the new hires here.
New York Times‘ David Gelles: ‘When CEOs Speak Out, the World Listens’ – Lehigh College of Business Blog
New York Times business reporter David Gelles used his keynote speech at the recent Lehigh University College of Business and Economics 2018 Impact Symposium to posit “companies can no longer afford to sit on the sidelines when it comes to the hot button issues of the day.”
“On topics ranging from climate change to health care, gun laws to birth control, the biggest brands in the country are being forced to take a stand. It’s hard to state what an abrupt change this is,” he explains.
Gelles at the recent Lehigh University College of Business and Economics 2018 Impact Symposium / Photo via Christa Neu
He adds, “Until recently, companies avoided controversy at all costs. But these days, they are confronting it head on, sometimes even embracing it when it arrives unexpectedly, and in rare instances, seeking it out.”
Gelles points to Salesforce founder and CEO Marc Benioff’s threat to relocate its Indiana office in response to a 2015 law that would have “made it easier for religious conservatives to refuse service to gay people.”
Gelles explains, “Being a chief executive no longer means just running a profit and loss statement. It means being prepared to articulate your values—and your company’s values—when you least expect it. When CEOs speak out, the world listens. Sometimes, policies even change.”
You can read more about Gelles’ speech at Lehigh here.
3D Printing Research, Success Without Passion, and More – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Award-Winning Paper Explores How Designers Innovate in 3D Printing Communities – Stevens Institute of Technology SOB News
In a new paper from Gaurav Sabnis, Stevens Institute of Technology School of Business Assistant Professor of Marketing, Associate Dean of Research Dr. Jeffrey Nickerson, and the University of Navarra’s Dr. Harris Kyriakou “examines knowledge reuse in 3D printing communities [where] makers often iterate on designs created by other users to create refined products.”
According to the Stevens Institute of Technology SOB News article, “the professors looked at frequently reused designs and found a few clear signals in what helps designs get shared—from a designer’s level of experience, to the amount of information she included about her designs.”
The trio’s research is among the first to properly survey 3D printing communities and it could have only happened in the interdisciplinary incubator that is Stevens. Dr. Sabnis writes, “Stevens has a great culture that leads to more interdisciplinary research. I’m excited to do the kinds of research that creates real-world solutions for businesses in the digital age.”
You can read more about the 3D printing research from Stevens here.
Reviving Grit: Columbia Business School Study Finds That In Pursuit of Success, Dedication Falls Short Without Passion – Columbia Business School News
In a new PNAS study, Columbia Business School and Frankfurt School of Finance & Management researchers found that grit “without the clear sense of direction that passion provides does not propel people forward.”
Columbia Professor and co-author Adam Galinsky writes, “We were not surprised to find that dogged dedication to an objective – without a true passion for the goal – is mere drudgery.”
“But until now, research on grit failed to factor in the propulsive force that animated grit’s perseverance. By properly incorporating passion into the grit equation, we now have evidence that people who are passionate for their goal and persevere towards it will reach higher heights.”
You can find Why Grit Requires Perseverance and Passion to Positively Predict Performance here, and discover more fro the Columbia Business School News article here.
Where Professors Share Knowledge on Issues in Finance, Economics and Accounting – Rutgers Business School News
The Livingston Student Center recently hosted the annual Conference on Pacific Basin Finance, Economics, Accounting, and Management, which was founded by Rutgers Business School Distinguished Professor of Finance and Economics Cheng-Few Lee at the business school in 1992.
Rutgers Business School Distinguished Professor of Finance and Economics Cheng-Few Lee / Photo via business.rutgers.edu
The conference assembles “finance professors from around the world” to absorb “research on a variety of issues, from financial applications of parallel processing to the ethics of cryptocurrency.”
According to the Rutgers Business School News article, “Many of the conference speakers were Professor Lee’s former colleagues or students, including professor Yong Shi, who is one of 13 advisors to China’s premier, [and] delivered a keynote address on big Data Mining and Knowledge Management.”
You can read more about the event here.
The Newest Fordham EMBA, and More – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
New EMBA Program Prepares Athletes and Artists for Second Careers – Gabelli Connect
Earlier this month, the Fordham Univesity Gabelli School of Business unveiled a new EMBA program that caters to athletes and artists. Associate Dean Francis Petit, who will preside over the new program, writes about the specific segment the EMBA will service:
“Overall, this segment is looking to reinvent themselves and reinvention is oftentimes arduous. This program will provide the necessary tools.”
Petit compares the collective and collaborative academic journey that participants will take to the experiences athletes had among their teammates.
According to the article, the new EMBA will include “team projects, career coaching, presentations, and site visits to companies in the New York area, along with a capstone project.”
You can read more about the new Gabelli EMBA program here.
What Everyone Needs to Know When Traveling Abroad – Columbia Business School News
New research co-authored by Columbia Business School’s Michael Morris explores the question of how far should you go to “adopt local ways when your work brings you abroad?”
Not surprisingly, Morris’s paper “Do As the Romans Do? Diversity Ideologies and Trust in Evaluations of Cultural Accommodation” finds that the answer is complicated.
“If you’re wondering whether to try to speak limited Spanish in Barcelona or say ‘G-Day’ in Sydney, the answer is a yes. Accommodate to a moderate extent and locals will appreciate the gesture,” he writes. “Visitors need to be careful not to overdo it, since going too far can cause a backlash. This research sends the simple message to foreign visitors that effort matters. It’s a sign of respect and authenticity.”
You can read more of Morris’ advice here.
The Secret to Influential Management Research? It All Comes Down to Data – Stevens Institute of Technology School of Business News
The Stevens Institute of Technology School of Business recently profiled Emeritus Professor Dr. Richard Reilly, whose pioneering work in talent management research was honed during a distinguished career designing studies at Bell Labs, AT&T, and ETS. The article notes that Dr. Reilly was “recognized by Academy of Management Learning and Education as being among the top 1 percent of all researchers in human resource management and strategy, as measured by textbook citations.”
Dr. Reilly notes, “Understanding these organizations and how they work gave me access to data that helped me do meaningful research, write articles and teach to what was actually going on in the workplace.”
Dr. Reilly explains one of the impetuses for his research:
“The issue with testing is that the outcome in higher education is so much harder to pin down. Is it grades, or something more nuanced, more complex? I got interested in looking in the issues around fairness in tests, as it relates to gender and background.”
You can read more about Dr. Reilly here.
Coffee Brains, Case Writing, and More – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
This Is Your Brain On Coffee: Beyond Health Benefits, Even the Smell May Fuel Higher Test Scores – Stevens Institute of Technology College of Business Blog
New research published in the Journal of Environmental Psychology finally confirmed your suspicion: yes, your coffee is making you smarter. Well, maybe. Science is tricky and all that.
In the research, officially released earlier this year, Stevens School of Business professor Adriana Madzharov and colleagues from Temple and Baruch found that the scent of coffee helped people perform tasks better and even improved test scores. Interestingly enough, the researchers concluded that the effect of even just smelling coffee could be as beneficial as consuming it.
“It’s not just that the coffee-like scent helped people in our study perform better on analytical tasks, which was already interesting,” Madzharov writes. “But they also thought they would do better, and we demonstrated that this expectation was at least partly responsible for their improved performance. In short, smelling a coffee-like scent, which has no caffeine in it, still has a placebo effect similar to drinking coffee.”
New research reveals that the scent of coffee can help you with daily tasks and tests, even if you do not consume it.
She adds, “This finding also has useful multiple practical implications in business for workplace professionals, architects, building developers, retail space managers and others.”
You can read the full article here.
A Rutgers Team Brings a Professor’s Lesson to Life – Rutgers Business School Blog
Rutgers Business School Professor of Marketing Can (John) Uslay recently took home first place in a recent case-writing competition put together by the University of Michigan’s William Davidson Institute.
Professor Uslay’s entry was based on Roshni Rides, a “rickshaw transportation company created and piloted by a team of Rutgers Business School students,” which won the “$1 million Hult Prize for social entrepreneurship in 2017 after a compelling presentation about how their company could help improve the lives of refugees living in the Orangi Town settlement.
Professor Uslay outlined “the challenges the team faced, specifically their effort to find a price point that would keep the cost of the service affordable and still enable the company to grow.”
You can check out the full interview with Professor Uslay here.
The Business Case for Sustainable Tourism Management of Protected Areas – SC Johnson Business Feed
Tom Olson, a recent Johnson Cornell MBA graduate, recently published an op-ed about the growing need for “developed, emerging, and frontier markets” to develop more sustainable management structures to accommodate increased tourism.
Enter the Tourism and Protected Area Specialist (TAPAS) Group; a subgroup of the International Union for the Conservation of Nature (IUCN) “dedicated to advancing sustainable tourism initiatives in protected areas.”
Olson writes that he was tasked by TAPAS Group to “analyze, develop, and recommend a revenue generation model that would be financially sustainable, align with IUCN’s values, and be accepted by the broader community of sustainable tourism professionals.”
You can read Olson’s full op-ed here.
Paid Maternity Leave Increasing, and More – New York News
Pack up the pool gear and beach towels: let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Father’s Day Data: Columbia Business School Research Demonstrates Popularity of Paid Paternity Leave – Columbia Business Blog
How has the culture of paid maternity leave been changing recently? New research from the Columbia Business School explores the topic, which has increased for 12 percent of private-sector workers in the U.S. There is still no current federal law requiring the implementation of paid maternity leave, leaving the U.S. with the precarious title as the only “industrialized” country in the world without a federally-mandated law. Individual states, however, can implement the policy, which has been increasing since the early 2000s.
Earlier this year, New York became the fourth state in the U.S. to create policy regarding paid maternity leave, alongside New Jersey, Rhode Island, and California, which implemented the law back in 2004. According to the article, “California’s paid family leave produced a 46-percent increase in fathers taking time off to bond with newborn and newly-adopted children.”
CBS professor Ann Bartel writes, “This study should help inform the conversation around paid leave, because research shows it is fundamentally a family issue – appealing to both mothers and fathers. At its core, paid family leave is a ‘dad’ issue as much as it is a ‘mom’ issue. As Father’s Day approaches, our research demonstrates that fathers will greatly utilize paid family leave if it is offered, and their employers are supportive of them taking that important time away from the job.”
You can read more about “Paid Family Leave, Fathers’ Leave‐Taking, and Leave‐Sharing in Dual‐Earner Households,” which was published in the Journal of Policy Analysis and Management, here.
How Social Media’s Powerful ‘Silent Majority’ Moves Bitcoin Prices – Stevens Institute of Technology Blog
Stevens Institute of Technology School of Business professor Feng Mai recently led an investigation to understand how social media public sentiment can significantly manipulate the value of bitcoin.
Professor Mai’s research, which was published in the Journal of Management Information Systems, encompassed scholars from Ivey, Dickinson, and the University of Cincinnati, all of whom “collected and analyzed two years’ worth of forum posts on the world’s most popular public bitcoin forum, Bitcointalk.”
The team found that “periods of increasingly positive social media commentary do in fact influence the rising price of Bitcoin significantly.” Mai writes, “We wanted to know who is affecting the price: a vocal minority, who may be biased, or the quieter majority, who do not seem to have a reason to be untruthful, or both.”
According to the article, “the “silent majority” — infrequent Twitter and Bitcointalk users who took the time to comment on the cryptocurrency’s prospects — moved prices more, as much as ten times more, when they posted positive comments.”
Mai writes, “This was a big finding, and it does seem to prove that people are trusting the silent majority much more, perhaps because they do not seem to have an agenda.”
Check out the full Stevens’ article here.
Johnson Women MBAs Boast Record-Breaking Attendance at Forté Conference – Johnson School of Management Business Feed
As we recently highlighted, Cornell’s S.C. Johnson School of Management reported that 49 Cornell students attended this year’s FortéMBA Women’s Leadership Conference in Atlanta, Georgia—29 from the two-year MBA program, seven from the one-year program, and 13 from the Johnson Cornell Tech MBA program.
The Forté Conference brings “together admitted, enrolling, and current women MBAs from Forté sponsor business schools to explore career paths, meet recruiters and mentors, and hear from today’s most influential businesswomen.”
This year’s conference featured keynote speaker Joanna Lipman, veteran journalist, chief content officer of Gannet, editor-in-chief of USA Today, and author of That’s What She Said, who spoke on “gender bias in the workplace and provided tips for how women can leverage their value.”
In addition to a Power Pitch session and a number of workshopsand panels on “on communications strategies, interviewing, design thinking, sustainable and socially responsible careers, LinkedIn, and the future of feminism, among others,” the conference also included talks from Accenture North American CEO Julie Sweet and State Street EVP and Deputy Global Chief Investment Officer Lori Heinel.
Anne Latham, Two-Year MBA ’20, writes of her experience:
“The Forte Leadership Conference was an incredible few days. I walked away feeling fortunate to have met so many of my incredible female classmates! The Dialogue with Leadership session, moderated by Dean Erika James, featuring Lori Heinel and Julie Sweet, was a particular favorite of mine, due to their incredibly engaging and thought provoking remarks. I hope we all continue to live by Julie’s advice: ‘If your dreams don’t scare you, they’re not big enough!’”
You can read the full article from Cornell here.
