August 2001
Dr. Ronald Koot Retires
After more than 35 years of service to the University, Dr. Ronald Koot retired on July 3, 2001. He has been a member of The Smeal College faculty since 1966.
Accounting Professor Receives 'Best Paper' Honors
The editors of the Journal of Accounting & Economics have awarded "best paper" honors to a Penn State accounting professor.
Kick Off Home Football Games With A Trading Room Tour
Visitors can experience the challenging world of global trading prior to each Penn State home football game this season during a series of "Open House" events showcasing the Smeal College of Business Trading Room.
Community Leaders Among The Guest Lecturers On Business Ethics
Community leaders in the Centre region are among the guest lecturers addressing issues in business ethics this fall to undergraduates living in Penn State's Business and Society Interest House. This marks the first time the special interest house-designed specifically for Smeal College of Business undergraduates-is offering a class open only to its members.
The Keys To Success In College
Every year, I can count on a handful of new undergraduates or their parents to pull me aside following orientation to ask me, "What are the keys to success in college?" Yes, there is a list of 'things students should do' to increase the likelihood of success in college. It's simple, and it does not take the wisdom of Solomon.
Smeal College Professor Appointed To Editorial Board
Dennis Gioia of Penn State's Smeal College of Business was recently appointed to the editorial board of the journal, Academy of Management Learning and Education (AMLE).
Joining The Right Student Club Or Organization In College Pays Dividends
Most colleges and universities offer their students numerous organizations or clubs to join. Finding a group of persons interested in the same sorts of topics and activities can bring a student out of his or her shell, and make the transition to college easier.
Kickoff Football Games With A Trading Room Tour
Visitors can experience the exciting world of global trading prior to home football games this season by taking part in a hands-on demonstration of the Smeal College of Business Trading Room.
Takeover Defense During IPO Aids Managers
Many firms deploy takeover defenses when they go public, but a study co-authored by a researcher in Penn State's Smeal College of Business suggests that managers use these takeover defenses to ensure the continuation of their personal benefits of control-not to help in the eventual sale of the firm by increasing expected takeover premiums.
Executive Symbols
How do employees uncover the true values of the CEO and the top management team? In small companies it's by knowing the CEO. In larger companies it's through inferences drawn from the CEO's behaviors and choices, big and small.
Alumni Reap Benefits By Joining The Alumni Association
Your days as a Penn State student are well behind you but remain as some of your best memories. As an alumnus of the University, you can still maintain ties to the campus, college and classmates through the Penn State Alumni Association.
Welcome To The Business Of Education
So what's your business? You deliver contracting services, solve IT problems, produce sophisticated lab supplies, or help people manage their money. You're not in the business of education, right? Wrong. The demographics of America will require that you get into the business of education, despite, or in addition to, the schooling provided by U.S. high schools and higher education.
MBA Alumnus Advises Montel Williams' Audience On Internet Safety
Parents can tune into the "Montel Williams Show" on September 12 to learn about Internet safety from Penn State alumnus and entrepreneur Joshua Finer.
Study Suggests Marketing Efforts May Be Robbing Children Of Their Childhood
Marketing efforts aimed at youngsters may indeed be robbing children of their childhood and making kids more materialistic, suggest results from a national survey led by a Penn State researcher.
Penn State Professor Helps Lead Management Journal Editorial Board
David A. Harrison of Penn State's Smeal College of Business was recently selected as associate editor of one of the top journals in management, Organizational Behavior and Human Decision Processes. Harrison is professor of organizational behavior in the Department of Management and Organization.
Smeal College Is Tops For Awarding Baccalaureate Degrees In Business To Women
Penn State's Smeal College of Business awards more baccalaureate degrees in business to women than any other AACSB International-accredited institution in the country, according to data from the U.S. Department of Education.
Center For Supply Chain Research Hosts Career Fair
The Center for Supply Chain Research in Penn State's Smeal College of Business is hosting a "Supply Chain Career Fair" on Monday, September 17, 2001.
Managing Virtually
In today's workforce, about 3.2% of employees regularly telecommute from home. But many more are virtual employees. According to WorldCom's "A Study of the Virtual Workforce 2001," an estimated 31 % of employees work at a location separated from their manager or team, usually with the infrastructure support of networked communications and distributed operations. What does it take to effectively manage virtual employees and virtual teams?
Finance Professors' Study Examines Trading Volume Of IPO Lockups
Two finance professors in Penn State's Smeal College of Business are among the co-authors of a paper that presents the first detailed analysis of the spreads and trading volume of IPO lockups.
Leader In Logistics Retires
Dr. John J. Coyle--the first person to teach a course at Penn State under the label "business logistics" in 1964 --has retired from the University after 40 years of service. His retirement was effective July 3, 2001.
It's Not Good To Be Big In The Global Economy
Just as the experienced skier knows that the height of a ski slope may or may not indicate its difficulty, we need to reassess the popular thinking that it's good to be big in a globalizing economy.
Smeal College Faculty Receive Honors From The Academy Of Management
Several faculty members in the Department of Management and Organization in Penn State's Smeal College of Business received awards at the Academy of Management's annual meeting, which took place recently in Washington, D.C.
Smeal College Appoints Interim Associate Dean For Research & Ph.D./M.S. Programs
Dr. Martin J. Kilduff has been appointed Interim Associate Dean for Research and Ph.D./M.S. programs in Penn State's Smeal College of Business.
Fixation on Work
Nine-to-five used to be the mantra for the workday. It's now 24/7, that is 24 hours a day, 7 days a week. The workday and the workweek are expanding with schedules moving away from the standard eight-hour shift. Manufacturing plants are pressured to maximize the returns on their capital investment by operating 24/7. Overtime becomes more prevalent, and shifts extend from 8 hours to 10, and even 12-hour shifts, compressed into fewer workdays.
Smeal Announces New MBA Faculty Director
Penn State's Smeal College of Business has announced that Dr. J. Edward Ketz. will become the MBA Faculty Director. The MBA Faculty Director is the liaison to the faculty involved in the MBA core, portfolios, and immersion experiences.
Firestone Case Highlights Issues In Tort And Product Liability Reform
The recent Bridgestone/Firestone trial in McAllen, Texas, confirms an important issue in tort and product liability reform, notes a Penn State expert on liability issues.
Two Penn State Faculty Members Receive Fellowships
Charles Cao and Abdullah Yavas of Penn State's Smeal College of Business were recently named as recipients of William Elliott Faculty Fellowships.
Executive Education Course Focuses On How Manufacturing Managers Can Contribute To Strategic Choices
The role of manufacturing managers in strategic decision-making and planning in companies is the focus of a course being offered through Penn State's Executive Programs at the Smeal College of Business.
Mary Jean And Frank P. Smeal's $10 Million Gift Built Foundation For Excellence
The generous gift of $10 million in 1990 from Mary Jean and Frank P. Smeal provided a foundation of excellence for students and faculty, and The Mary Jean and Frank P. Smeal College of Business Administration is named in their honor.
Building Competitive Advantage Through Manufacturing Flexibility
Two Penn State professors have developed a new method that will allow firms to more accurately estimate the additional cash flow a capital purchase can generate. In recent years many firms have found it increasingly important to invest substantially in technology to maintain a competitive edge, and these decisions can become crucial to many companies' survival. Firms, however, often overlook the value of manufacturing flexibility when considering capital purchases and that can cost them millions.
"The View From 'C' Level" Is The Focus Of Upcoming Presentation
Award-winning author and business journalist Jessica Korn will discuss research-based strategies for motivating employees during an upcoming speech at the University Park campus.
Shark Attacks May Be A 'Poisson Burst'
A Penn State expert on probabilistic simulation thinks that the large number of shark attacks that recently took place in Florida and the Bahamas might be explained through probability theory.
