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No Private Health Insurance?

June 10, 2010


Smeal’s Keith Crocker predicts that the elimination of medical underwriting—which will occur in 2014 when exclusions for preexisting conditions are prohibited—will completely destroy the individual market for health insurance. He also discusses the risks, mandates, and fines associated with the new health care legislation, as well as the potential for a resurgence of the public option.

No Private Health Insurance? - Read More…

Penn State Names Steve and Nancy Sheetz Philanthropists of the Year

June 4, 2010


Penn State has named Altoona residents Stephen G. and Nancy L. Sheetz its 2010 Philanthropists of the Year in recognition of their exceptional commitment to the University as donors and volunteers.

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Natural Disasters Interrupt Flow of Global Supply Chains

June 4, 2010


Smeal's Christopher Craighead weighs in on how the BP oil spill and other natural disasters impact business across the globe. He admits that major interruptions occur every year but their impact is hard to determine until the event completely unfolds. He also stresses that companies, especially those who do business globally, should plan to deal with disruptions, even if that means rethinking the design of their supply chains.

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Penn State Among Top Producers of S&P 500 CEOs

June 1, 2010


With five Smeal College of Business graduates and seven total Penn State alumni leading S&P 500 companies, Penn State is among the top producers in the nation of current S&P 500 CEOs, according to a list recently compiled by Bloomberg.

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A Beautiful Ride

May 27, 2010


In addition to being one of the most well respected academics in the field of strategic management, Donald Hambrick is also a Vietnam veteran, a former drummer, and a lifelong lover of racquet sports. In this interview, he discusses some of his greatest academic achievements, what he has learned from his students, how he wants others to remember him, and what’s left to accomplish in his successful career.

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Smeal's Garber VC Fund Invests in Healthy Humans

May 18, 2010


The MBA student-managed Garber Venture Capital Fund at the Penn State Smeal College of Business closed its investment in Healthy Humans LLC, a provider of e-health portals for patients and doctors to improve health outcomes and lower costs, during the spring 2010 semester. The $150,000 investment will be used to expand the Healthy Humans HealthHub continuity-care platform to additional physician practices and insurers.

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Avid Sports Fans’ Passion for the Team Often Translates into Revenue

May 17, 2010


For avid sports fans, their interests, enthusiasm and passion for the game defy the norm. It’s more than just brand loyalty. There’s an emotional connection. Smeal’s Wayne DeSarbo, executive director for the Center for Sports Business and Research, studies how marketers can capitalize on these feelings and target their marketing campaigns toward these avid fans in hopes of generating more revenue.

Avid Sports Fans’ Passion for the Team Often Translates into Revenue - Read More…

Marketing Students Raise More than $2,300 to Fight Juvenile Diabetes

May 13, 2010


As part of an assignment to test social influence techniques, students in two sections of a Consumer Behavior course at the Penn State Smeal College of Business raised more than $2,300 for this year's State College Walk for Juvenile Diabetes, to be held on May 22 at Medlar Field at Lubrano Park.

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Governing Electronic Business-to-Business Markets

May 12, 2010


Governance mechanisms for business-to-business (B2B) electronic markets work best if tailored to each market individually. Smeal’s Rajdeep Grewal highlights three governance mechanisms: monitoring, community building, and self-participation. Based on the level of behavioral and external uncertainties, market makers must decide which mechanisms to emphasize to generate growth and financial success within the market.

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AMA Leadership Handbook Includes Chapter by Smeal's Vicere

May 6, 2010


A new book compilation of writings on leadership by some of the world's top management experts and executive coaches features a chapter contributed by Albert Vicere, executive education professor of strategic leadership at the Penn State Smeal College of Business.

AMA Leadership Handbook Includes Chapter by Smeal's Vicere - Read More…

Smeal Honors Two with Teaching Awards

May 6, 2010


The Penn State Smeal College of Business has presented two faculty members with 2009-2010 Fred Brand Jr. and Dillwyn P. Paiste III awards, the college's highest honors for teaching. Lou Gattis, clinical associate professor of finance, has been awarded the Fred Brand Jr. Award for Excellence in Undergraduate Teaching. Robert Macy, clinical assistant professor of entrepreneurship, has been awarded the Dillwyn P. Paiste III Award for Excellence in Undergraduate Teaching.

Smeal Honors Two with Teaching Awards - Read More…

Video: Remanufactured Products Maximize Profits

May 3, 2010


Smeal’s Dan Guide says remanufacturing extends a product’s life cycle and could potentially help managers maximize profits. However, managers may fear that remanufacturing cannibalizes new product sales. Guide says proper understanding of pricing strategies, competition, and customers who value functionality enables firms to reach new customers.

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Two Supply Chain Students Win $5,000 Richter Scholarships

April 30, 2010


Two undergraduate supply chain students at the Penn State Smeal College of Business have received $5,000 scholarships from the R. Gene and Nancy D. Richter Foundation and the ISM R. Gene Richter Scholarship Fund. Richard Carelli and Theresa Piazza have been selected to receive two of the seven available 2010 R. Gene Richter Scholarship Awards.

Two Supply Chain Students Win $5,000 Richter Scholarships - Read More…

Smeal's Yoshida Presents at Japan's Policy Research Institute

April 28, 2010


Jiro Yoshida, assistant professor of real estate at the Penn State Smeal College of Business, recently delivered a talk on the U.S. real estate market at a meeting of the Policy Research Institute, a unit of Japan's Ministry of Finance.

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Seventh Edition of Smeal Professors' Transportation Textbook Published

April 28, 2010


South-Western Cengage Learning has published the seventh edition of Transportation: A Supply Chain Perspective, a textbook originally published in 1982 and coauthored by two faculty members at the Penn State Smeal College of Business.

Seventh Edition of Smeal Professors' Transportation Textbook Published - Read More…

Smeal Team Places Second in Big Ten MBA Case Competition

April 28, 2010


A team of first-year MBA students at the Penn State Smeal College of Business placed second at the 18th annual Big Ten MBA Case Competition held this month at the Fisher College of Business at The Ohio State University.

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Hambrick Named Evan Pugh Professor

April 28, 2010


Donald Hambrick, Smeal Chaired Professor of Management at the Penn State Smeal College of Business, has been named an Evan Pugh Professor, joining a list of only 61 others thus recognized since the title's inception in 1960. Evan Pugh Professorships are the highest honor the University bestows on its faculty.

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John and Elizabeth Surma Endow Smeal Dean's Chair with $5 Million Gift

April 28, 2010


John and Elizabeth "Becky" Surma have committed $5 million to endow the Elizabeth L. and John P. Surma Jr. Dean's Chair in the Penn State Smeal College of Business.

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Research: It May Be Better for Shareholders to Overpay Their CEOs than to Underpay Them

April 27, 2010


In the wake of the recent financial crisis, what many perceive as excessive executive salaries have grown as a target of popular outrage and Washington lawmakers. However, according to forthcoming research coauthored by a professor at the Penn State Smeal College of Business, overpaying CEOs—as compared to their peers—may actually benefit shareholders, while underpaying them could have negative consequences.

Research: It May Be Better for Shareholders to Overpay Their CEOs than to Underpay Them - Read More…

Penn State Executive Programs Hosts Wholesale and Retail Group from South Africa

April 26, 2013


Penn State Executive Programs this month designed, developed, and delivered a custom executive education program for members of the Wholesale and Retail Sector Education and Training Authority (W&RSETA) located in Pretoria, South Africa.

Penn State Executive Programs Hosts Wholesale and Retail Group from South Africa - Read More…

MBAs Volunteer Around the World in Inaugural Immersion Week

April 15, 2010


Second-year MBA students at the Penn State Smeal College of Business completed their weeklong service immersion in March and shared their experiences on a new website, serviceatsmeal.org.

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Defense Secretary Taps Smeal Faculty Member for Actuaries Board

April 23, 2010


Secretary of Defense Robert Gates has appointed Ron Gebhardtsbauer, faculty-in-charge of the Actuarial Science Program at the Penn State Smeal College of Business, to the U.S. Department of Defense Board of Actuaries.

Defense Secretary Taps Smeal Faculty Member for Actuaries Board - Read More…

Collaborative Communities: The Future of Organizational Design

April 21, 2010


In response to the global business community, Charles Snow and his coauthors introduce a new organizational design called a collaborative community, in which firms and perhaps countries share knowledge and work together toward common goals. Firms should be prepared to handle the barriers associated with effective multi-firm collaboration and incorporate collaboration into their company culture.

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Smeal Students Compete for Title of 'Next CEO'

April 16, 2010


Ten Smeal College of Business undergraduates will take the stage at the Penn Stater Conference Center Hotel on April 22 to compete in the college's 10th annual executive simulation competition, The Next CEO.

Smeal Students Compete for Title of 'Next CEO' - Read More…

The Reality of a Tax Refund

April 13, 2010


With tax season coming to an end, Charles Enis, associate professor of accounting at the Penn State Smeal College of Business, answers a few questions on tax refunds and the economical and psychological factors associated with refunds. He also discusses individual retirement accounts, or IRAs, ways policy makers can improve their design, and how they can either help a person get a larger refund or owe less money when they are doing their taxes.

The Reality of a Tax Refund - Read More…

Skip-Level Leaders Inhibit Employee Voice

April 12, 2010


Organizations depend on employees to speak up about problems and opportunities. Yet, employees often feel inhibited. Skip-level leaders need to be aware of and pay attention to any opportunities they have to impact voice, as there seems to be a lack of understanding from managers about the fear they provoke among subordinates, often without even intending to do so.

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Alumni Society Board to Honor Outstanding Smeal Students and Graduates

April 8, 2010


The Penn State Smeal College of Business Alumni Society Board will hold its annual awards banquet on April 9 to honor outstanding alumni and students for their extraordinary commitment to diversity and the mission of the college.

Alumni Society Board to Honor Outstanding Smeal Students and Graduates - Read More…

Dick's Sporting Goods CEO to Deliver Retail Lecture at Smeal

April 7, 2010


Ed Stack, chairman and chief executive officer of Dick's Sporting Goods, is scheduled to speak at the Penn State Smeal College of Business on April 13 at 1 p.m. in the Business Building's Struthers Auditorium.

Dick's Sporting Goods CEO to Deliver Retail Lecture at Smeal - Read More…

PPG Executive to Discuss Chemical Supply Chain Trends

April 2, 2010


Sharon Piciacchio, vice president, chlor-alkali marketing, services, and cal-hypo and derivatives for PPG Industries, will deliver a supply chain lecture on April 8 at the Penn State Smeal College of Business.

PPG Executive to Discuss Chemical Supply Chain Trends - Read More…

Kohl's Executive to Speak at Smeal April 16

April 1, 2010


The Penn State Smeal College of Business will welcome Jon Grosso, executive vice president and director of stores for Kohl's Department Stores, to campus on April 16 as a guest of its Leadership in Focus: Executive Insights speaker series.

Kohl's Executive to Speak at Smeal April 16 - Read More…

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