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Archives for: February 2007

Biz Ed, 2/1/2007
Five professors earn endowed appointments
The Tepper School and Carnegie Bosch Institute for Applied Studies in International Management have announced five endowed appointments that constitute a new research committee focused on developing insights into strategies and practices for global business. They include: Sunder Kekre, Bosch Professor of Manufacturing and Operations Management and committee chair and director of the Center for Business Solutions; R. Ravi, Carnegie Bosch Professor of Operations Research and Computer Science and associate dean for intellectual strategy; Linda Argote, Carnegie Bosch Professor of Organizational Behavior and Theory, and editor-in-chief of Organizational Science, as well as founding director of the Center for Organizational Learning, Innovation and Performance; Don Moore, Carnegie Bosch Faculty Development Chair and associate professor of organizational behavior and theory; and Vishal Singh, Carnegie Bosch Faculty Development Chair and assistant professor of marketing.

Pittsburgh Post-Gazette, 2/1/2007
Carnegie Science Center honors Tayur
The Carnegie Science Center honored Sridhar Tayur, Ford Distinguished Research Chair and Professor of Manufacturing and Operations Management, with one of its 2007 Awards for Excellence. Tayur, whose SmartOps Corp. provides enterprise-class inventory optimization software and other supply chain consulting services, will receive the Information Technology Award., 2/2/2007
Study shows tomorrowís plans influence todayís decisions
People are more likely to indulge in a vice today if they plan to make a more virtuous decision tomorrow, according to a study co-authored by Uzma Khan, Assistant Professor of Marketing. The study, which was also written by faculty at the Yale School of Management, concludes that knowing a choice is one in a series rather than an isolated decision allows people to optimistically believe they will choose a virtue in the future.

Pittsburgh Post-Gazette, 2/3/2007
Institute fosters social entrepreneurship
Timothy Zak, Adjunct Professor of Operations Management and Manufacturing, hopes to inspire more people to pursue dreams of making the world a better place. Zak is co-director of the Institute for Social Innovation, which seeks to influence how public and private sectors work together to address societal concerns.

Momentum, 2/5/2007
Emotional value can add up
The Netflix mail-order movie rental business succeeded against the odds because it appealed to customersí emotional needs for cost, convenience, and service, says Peter Boatwright, Associate Professor of Marketing. Boatwright says customers will pay when businesses understand their problems and provide solutions.

Evansville Courier & Press, 2/7/2007
Critics questioning coal plant backed by study
Opponents of a proposed Indiana plant that would convert coal into a natural gas substitute are questioning whether it would save consumers money in the long run. A study by the Electricity Industry Center says the plant could save $3.7 billion over 30 years if natural gas prices rise above $6, but John Blair, president of the group Valley Watch, says consumers could pay more than the rest of the market if gas prices fall.

Ascribe Newswire, 2/8/2007
Sustainable Technology Award added to McGinnis Venture Competition
A new Sustainable Technology Award has been added to the 2007 McGinnis Venture Competition. Sarosh Kumana, a 1977 MBA graduate of the Tepper School who is funding the award, says business can be a positive force for creating global sustainability.

Pittsburgh Business Times, 2/9/2007
Tepper expands Venture Challenge statewide, may go national
Carnegie Mellon is taking its Tepper Venture Challenge statewide and may one day make the undergraduate business plan competition a national contest. The idea is to increase team diversity, get more participation, and raise the level of competition, says Arthur Boni, John R. Thorne Chair of Entrepreneurship; Associate Teaching Professor of Entrepreneurship; and Deputy Director, Donald H. Jones Center for Entrepreneurship.

Pittsburgh Post-Gazette, 2/11/2007
Computer simulations illustrate flaws in deregulation
When researchers at the Electricity Industry Center ran computer simulations of power auctions, they concluded that sellers could study demand patterns and set prices close to what consumers would pay in an unregulated monopoly. Study co-author Sarosh Talukdar says regulators established deregulated markets without adequately testing market rules that have proven to be flawed.

The Tartan, 2/12/2007
Students reap benefits from international study
Students who venture abroad reap ďacademic, global, and personal benefitsĒ from their international experiences, says Paul Goodman, chairman of Carnegie Mellonís International Committee, Richard M. Cyert Professorship and Professor of Organizational Psychology; Director, Institute for Strategic Development; Co-Director, Center for the Management of Technology. A study published by the committee in August 2006 says students cited meeting new people, learning about a new country, learning a new language and gaining self confidence as the key advantages of time spent abroad.

Winston-Salem Journal, 2/13/2007
Social networking sites: How much oversight is too much?
Despite the serious threat of online predators who use social networking Web sites, David Krackhardt, Professor of Organizations, says he is wary of excessive government oversight. Krackhardt, a father of three, believes there should be a compromise and favors common-sense rules set by parents.

The Financial Times, 2/13/2007
Ecuador gives nationís poor priority over foreign debt
Ecuador has announced that financial debts to foreign lenders will take a back seat to the social debt to the nationís poor. Adam Lerrick, The Friends of Allan H. Meltzer Chair in Economics and Director of The Gailliot Center for Public Policy, says where Ecuador leads, a dozen neighbors may follow.

Pittsburgh Tribune-Review, 2/13/2007
Tepper School plays host to India Business Conference
The Tepper Schoolís South Asian Business Association is playing host to its third India Business Conference. The conference focuses on the business climate in India and opportunities in financial services, venture investments, energy, media, and entertainment.

Pittsburgh Post-Gazette, 2/15/2007
Woodland Hills school board accepts tax commissionís recommendation
The Woodland Hills school board in suburban Pittsburgh has voted to accept the recommendation of the district tax study commission, led by Stephen Spear, Professor of Economics. In the fall, the commission told the board to ask voters in the May primary whether they favor imposing an additional 0.7 percent earned income tax.

Toronto Globe and Mail, 2/17/2007
New opportunities for skilled workers in India
After decades of sluggishness, Indiaís economy is presenting new opportunities for educated workers who once sought greener pastures abroad. Among them is Ajit Mahadevan, a pharmaceutical executive who returned to his homeland in 2000 after earning his MSIA from Carnegie Mellon and working in London.

The Tartan, 2/19/2007
Black Business Association celebrates Black History Month with evening of jazz
Two local jazz and R&B acts drew a crowd of music lovers to the Shadow Lounge, which played host to a party sponsored by the Tepper Schoolís Black Business Association. The event was held in celebration of Black History Month.

Power Online, 2/20/2007
Delays in carbon control could be expensive
The cost of sector-wide carbon controls could double if policymakers delay their response too long, warns Jay Apt, Executive Director of the Electricity Industry Center. Apt, who is also an Associate Research Professor and Distinguished Service Professor in Engineering and Public Policy, is the co-author of a forthcoming paper outlining incentives for controlling carbon emissions.

Rediff News, 2/22/2007
Keynote speaker: NASDAQ eyeing Indian stock exchange
NASDAQ is looking to acquire equity position in National Stock Exchange of India Limited, according to Sunil Wadhwani, MSIA 1976. Wadhwani is the CEO of NASDAQ-listed iGate, and made the remarks during the keynote address at the Tepper Schoolís third India Business Conference.

Chicago Tribune, 2/23/2007
Scholar favors risk database for hedge funds
Hedge funds are private investment vehicles designed for wealthy investors willing to take large risks, says Adam Lerrick, The Friends of Allan H. Meltzer Chair in Economics and Director of the Gailliot Center for Public Policy. Even so, Lerrick says he favors a database that would disclose to financial market participants instances where hedge funds have taken potentially risky positions.

Pittsburgh Post-Gazette, 2/25/2007
U.S. must lead the way in demonstrating efficiency, affordability of carbon controls
The United States must take the lead on reducing carbon dioxide emissions, and act soon, according to Jay Apt, Executive Director of the Electricity Industry Center. According to Apt, other countries such as China, India, and Brazil will not undertake serious emissions controls unless the U.S. takes the lead and shows that such controls can be efficient and affordable.

The Tartan, 2/26/2007
Professor presents carbon control policy issues
The United States economy may pay dearly if policymakers fail to enact carbon control policies in the near future, according to Jay Apt, Executive Director, Electricity Industry Center; Associate Research Professor; Distinguished Service Professor in Engineering and Public Policy. Apt gave his presentation, which included the possible benefits of enacting such a policy, before the Association for the Advancement of Science.

Lincoln Journal Star, 2/26/2007
MBA education prepared coach for collegiate football post
Joe Rudolph draws from his experiences as a Tepper School MBA student in coaching collegiate football. Rudolph, who graduated in 2004 and was recently named tight end coach for Nebraska, says the tools, ideas, and theories he learned related back to football.

Innovations Report, 2/28/2007
Professor joins Norges Bank Watch
Marvin Goodfriend, a Professor of Economics at the Tepper School of Business, has joined the Norges Bank Watch 2007. The group of macroeconomists was invited by the Centre for Monetary Economics at the BI Norwegian School of Management to evaluate monetary policy in Norway.

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