April 14, 2011
Team member change affects team performance but to what degree? Stephen Humphrey and coauthors examine flux in coordination, or how much disruption a team experiences as a result of the change. Strategic roles, information transfer, and cognitive ability impact flux levels, but the researchers offer suggestions to overcome high degrees of flux.
March 29, 2011
A paper co-authored by Susan Xu, professor of management science and supply chain management at the Penn State Smeal College of Business, was recently chosen for the Wickham Skinner Award for the best published paper in "Production and Operations Management" in 2010.
March 29, 2011
Smeal’s Karen Winterich examines consumers’ social identities and how they relate to companies’ promotional strategies. Independents tend to prefer discount promotions, while interdependents usually prefer donation promotions. Factors such as culture, gender and product type impact preference, so managers need to be aware of these circumstances when forming their promotional strategies and budgets.
March 22, 2011
Work-family programs are meant to help groups, like working mothers and male primary caregivers, with flexible work schedules. However, enrolling in these programs can result in negative career consequences for its members. Recent research examines how participants can reap the program’s intended benefits without suffering negative effects down the road.
March 17, 2011
Managers constantly feel pressure from stakeholders to meet or exceed past stock performance. If earnings fall short, they may take matters into their own hands and adjust R&D and marketing budgets to improve short-term stock returns. Recent research from the Penn State Smeal College of Business examines why managers behave this way.
February 28, 2011
The Center for Supply Chain Research aims to integrate Smeal into the broader business community by bridging the gap between academia and the practitioner community. With the assistance of their corporate sponsors, the center aids student and faculty research efforts and provides many opportunities for students to connect with supply chain professionals through the supply chain career fair and “Exploring Careers” night.
February 10, 2011
William "Skip" Grenoble, executive director of the Center for Supply Chain Research at the Penn State Smeal College of Business, has been selected as one of Supply & Demand Chain Executive magazine's 2011 Pros to Know.
January 31, 2011
Blade.org, a collaborative community founded by IBM, Intel, and six other firms in 2006, is a pioneer in utilizing a community-based organizational design. Smeal’s Charles Snow and coauthors use Blade.org as an example to provide details about which industries are best suited for this design and how managers can use this collaborative model as a starting point to found, join, and manage other communities.
January 28, 2011
From 2005 to 2009, research by faculty members in the Department of Management and Organization at the Penn State Smeal College of Business was cited at a higher rate than that of any other management faculty in the country, according to data from Thomson Reuters.
January 26, 2011
Smeal's Brent Ambrose and coauthor Richard Buttimer developed a new mortgage contract called an "adjustable balance mortgage" that automatically resets the balance and monthly payments based on the mortgaged home's market value. Ambrose says that analysis of this new mortgage provides insight into why the federal loan modification programs are not as successful as expected.
January 19, 2011
N. Edward Coulson, professor of economics in the College of Liberal Arts, has been named the Jeffery L. and Cindy M. King Fellow in Real Estate. Daniel Guide, professor of operations and supply chain management at Smeal, has been named the Charles and Lillian Binder Faculty Fellow in Supply Chain and Information Systems.
January 29, 2011
The recently redesigned Starbucks logo is creating some buzz among its most committed consumers. Those who possess a strong connection to the Starbucks brand have expressed their dislike for the newer, more rounded logo. However, the new design appeals to consumers in Eastern cultures, which bodes well for Starbucks’ expansion into these markets. Smeal’s Karen Winterich suggests the redesigned logo is the first step in repositioning the Starbucks brand and that incorporating the brand name into the logo isn’t as critical as one may think.
January 18, 2011
With mortgage loan defaults on the rise yet again, two mortgage researchers are proposing a new type of mortgage contract that automatically resets the balance and the monthly payment based on the mortgaged home's market value.
January 10, 2011
The negative reaction to Starbucks' redesigned logo by the company's self-described most loyal customers may be attributable to the strong connection Starbucks' consumers feel toward the brand, according to recent research coauthored by a professor at the Penn State Smeal College of Business.
January 6, 2011
In recessions, firms are forced to make cuts, and managers may be tempted to trim the advertising and R&D budgets. But rather than trimming, should they actually be increasing their spending in these areas? Smeal’s Gary Lilien explores which firms should increase advertising and R&D spending during recessions.
January 5, 2011
New research coauthored by two professors at the Penn State Smeal College of Business examines a large company’s business-to-business trade-in program in hopes of improving its effectiveness and efficiency. They suggest using product characteristics and past customer behavior to improve forecasting accuracy, design a better trade-in policy, and potentially save the company money.
December 22, 2010
A paper coauthored by Glen Kreiner, associate professor of management at the Penn State Smeal College of Business, has won the 2011 Owens Scholarly Achievement Award, recognizing it as the best publication in the field of industrial and organizational psychology in 2009.
December 16, 2010
New research coauthored by a professor at the Penn State Smeal College of Business identifies what firm types benefit from increases in advertising and research and development spending during recessions.
December 14, 2010
When Smeal’s John Liechty realized that federal financial regulators lacked an oversight agency to collect data on the interconnectedness of the financial system to identify and appropriately respond to systemic risk, he went from professor to grassroots organizer to Congressional activist. It all paid off when his idea for this new watchdog was included in this summer’s financial reform legislation.
December 3, 2010
Fariborz Ghadar, director of the Center for Global Business Studies, appeared on CNBC's "Street Signs" on Dec. 6 to discuss Iran's Kish Island and with host Erin Burnett. Ghadar was involved in the establishment of the Kish Island free trade zone in 1977 when he was president of the Export Promotion Center of the government of Iran.
December 2, 2010
Contrary to the notion that CEO succession is generally beneficial in turnaround situations, recent research from Don Hambrick finds that it depends on the incumbent’s degree of misfit and the successor’s degree of fit. The simple act of replacing the CEO does not improve troubled firms’ performance unless the ill-suited incumbent is replaced with a new, well-suited candidate. Hambrick advises boards to think carefully before replacing their CEO in times of trouble.
November 16, 2010
Smeal’s Tim Pollock compares the effects of two intangible assets, firm reputation and celebrity, on the likelihood that a firm announces a positive or negative earnings surprise and investors’ reactions to these surprises. He says managers need to understand that their strategic actions may have lasting consequences and that all press isn’t necessarily good press.
November 8, 2010
Smeal’s Brent Ambrose takes a closer look at the housing crisis by analyzing the local housing market in Maricopa County, Ariz. He and his coauthors examine the high rates of foreclosures and how one homeowner’s decision to default may start a default cascade by causing the remaining homeowners to reevaluate their property values downward.
October 26, 2010
Smeal's Heber Farnsworth discusses the best ways to compensate money managers through effective contract design. He addresses three potential scenarios or "worlds" that can impact the design of a contract depending on what problems arise. He also notes the importance of incorporating proper incentives and risk sharing when developing the contracts.
October 15, 2010
The recession tightened consumers’ purse strings and they are still feeling the effects. However, retailers maintain their hope for a busy holiday shopping season. In order to fare well during the holiday season, Smeal’s Lisa Bolton says retailers should keep in mind the consumer’s overall shopping experience and try to take some emphasis off price, even though it may be a challenge.