Former Krannert faculty member named dean of the College of Business at Ohio University
Congratulations to former Krannert faculty member Jackie Rees Ulmer, who was named dean of the College of Business at Ohio University.Full story: Former Krannert faculty member named dean of the College of Business at Ohio University
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- Union expert: Current MLB talks set the tone for new CBA in 2021
Major League Baseball players and club owners are beginning negotiations this month for what many think will be yet another abbreviated season in 2021. The long and contentious negotiation period is setting the stage for December 2021, when MLB’s collective bargaining agreement (CBA) is set to expire. - Turns out we don’t really know how to measure happiness
As Purdue economist Timothy Bond and coauthor Kevin Lang point out in a study published in the Journal of Political Economy last year, the way people feel happiness is inherently subjective, so surveys that ask people to rate their own happiness will be always be flawed. - Krannert adds new degrees
Purdue University’s Krannert School of Management has expanded its footprint in the world of continuing education in bold ways. The school has added new online master’s degrees for working professionals, student and faculty consulting services for Indiana businesses and a new undergraduate degree program for students interested in both engineering and business. We get more from Dean of the Purdue Krannert School of Management David Hummels. - Manufacturing Solutions: Get to know Eli Lilly exec and Krannert alumna Karen Harris (BSIM ’92)
Karen Harris is the Vice President and Information Officer of Manufacturing and Quality for Eli Lilly and Company. She joined Lilly in 2000 and is currently leading the company’s Information and Digital Solutions (IDS) Organization supporting the Global Manufacturing and Quality Organizations worldwide. - Lynall named Avrum and Joyce Gray Director of the Burton D. Morgan Center for Entrepreneurship at Purdue
Matthew Lynall, clinical professor in Purdue University’s Krannert School of Management, is the new Avrum and Joyce Gray Director of the Burton D. Morgan Center for Entrepreneurship. - Lifelong learning at Purdue University expands the frontier of higher education
Alumna Jennifer Killian, owner and head veterinarian of Newaygo Veterinary Services, pursued graduate training at Purdue after substantially growing her veterinary practice and launching a family business. - Graduate students seek pandemic silver lining
Catherine Kleshinski, a PhD candidate in Organizational Behavior and Human Resources, is learning how coworkers help one another thrive in trying times. - What Working Parents Need from Their Managers
Even during a pandemic, managers are expected to lead their teams and drive business results. But there’s a dilemma: They must acknowledge that Covid-19 is putting an enormous strain on people, especially working parents, while also holding them accountable for getting their work done. This means employing two strategies that, on the surface, might seem to conflict: predictability and flexibility. Specifically, they should build routines into the workday without unduly burdening parents, while at the same time experimenting with new ways of working and communicating so that everyone’s needs are accommodated fairly. - UConn International Business Case Challenge
The 2020 UConn International Business Case Challenge competition awards were presented on November 7. We are happy to report that two Krannert students placed in that competition. - Kelley-Krannert Case Competition
The Kelley-Krannert Case Competition was held November 6-7, 2020. Three teams from the Krannert School of Management placed. Congratulations to all. - No Business Like Show Business
Meet a trio of Krannert alumni working behind the scenes in the entertainment industry. - Executive MBA Program Persists in the Face of COVID-19
Purdue University has changed many policies and procedures to safeguard the health and well-being of students, faculty and staff. The Executive MBA programs have implemented those guidelines, and more, since the residency format is a pillar of the program. - There's an Ugly Side to Investment Beauty Contests
A new paper from the Swiss Finance Institute by Amit Goyal of the University of Lausanne, Sunil Wahal of Arizona State University and M. Deniz Yavuz of Purdue University, called Choosing Investment Managers, looks at how the outcome of these beauty contests is affected by prior personal connections. - Saluting a student leader
Captain Andrew Gunder was midway through the two-year full-time MBA program at the Krannert School when he was given an assignment … not by a faculty member, but by Uncle Sam. Gunder, a company commander in the 1-128th Infantry Battalion of the Wisconsin Army National Guard, would be deployed to Afghanistan. Duty called, and his studies and graduation would have to wait. - Looking Back: Reflections of a Retired Professor
Krannert Magazine: reflections of retired professor Prabuddha De. - New research finds utilizing telemedicine in the ER can reduce wait times and patient length of stay
Telemedicine has become more common given the current global pandemic. COVID-19 has limited doctor’s office and hospital visits to ensure safety for everyone. But rather than diminish the quality of care, new research in the INFORMS journal Information Systems Research coauthored by Purdue’s Susan Lu finds that increasing wider use of telemedicine in the emergency room (ER) can yield positive results for patients and providers alike. - Anya Samek becomes second Krannert graduate to win Vernon L. Smith Ascending Scholar Prize
The International Foundation for Research in Experimental Economics (IFREE) has named Krannert alumna Anya Samek, associate professor of economics at the University of California San Diego’s Rady School of Management, as the 2020 recipient of the Vernon L. Smith Ascending Scholar Prize. Samek joins fellow Krannert alumnus Roman Sheremeta, an associate professor of economics at the Weatherhead School of Management at Case Western Reserve University, as two of the first four recipients of the Smith Prize, which has been awarded since 2017. - Here’s what employers need to know about ‘boomerang’ employees vs. new hires
A common piece of career advice is to not “burn bridges” when leaving one employer for another. After all, who knows what opportunities may present themselves in the future? Michael A. Campion, Purdue’s Herman C. Krannert Distinguished Professor of Management, addresses that and related questions in his recent research. - Younger and female doctors adopted telemedicine more during Covid in India, study says
More of the younger and female doctors adopted telemedicine or online consultations as a practice in India compared to male and older doctors in the June-July period this year, reveals a new study. A joint study by India-based healthcare research organisation Strategic Marketing Solutions & Research Centre (SMSRC) and Purdue University’s Krannert School of Management in the US found that 50 per cent younger doctors took up telemedicine in India, while only 44 per cent of their older counterparts did so. - Krannert PhD alumnus James Cash Honored in HBS Building Renaming
BOSTON—Harvard Business School (HBS) announced that it would honor James I. Cash, a Krannert PhD alumnus and retired HBS faculty member known for breaking barriers for Black people, by renaming a building on its campus. The new Cash House name was recently unveiled in a virtual town hall attended by faculty, staff, and students. - How to Manage Your Supply Chains Now and After COVID-19
During the COVID-19 pandemic, key retailers including Walmart, Kroger, and Bed Bath & Beyond are keeping their businesses operational and protecting their employees and customers by leveraging three key strategies: virtual inventory pooling, last-mile delivery and omnichannel technology. - Krannert conference to address pandemic-related manufacturing issues
Purdue University’s Dauch Center for the Management of Manufacturing Enterprises will host a virtual conference on Sept. 18 titled “Managing Manufacturing Through COVID-19: A TP3 Framework.” The conference, which runs from 8:30-11:20 a.m. on Zoom, is free and open to the public, but registration is required for industry and faculty participants as well as students. - Opinion: Pension fund parasites exposed
Investment managers hired by pension funds, endowments, foundations, and sovereign-wealth funds are actually likely to perform worse than their competitors by nearly a full percentage point a year over the next three years, according to a new study conducted by Amit Goyal of the University of Lausanne, Sunil Wahal of Arizona State University and M. Deniz Yavuz of Purdue University. - Virtual panel discussion with Lilly CEO highlights fifth Lilly Day at Purdue
A virtual panel discussion with David Ricks, chairman and CEO of Eli Lilly and Co., who is a 1990 graduate of Purdue’s Krannert School of Management, highlighted Lilly Day at Purdue on Thursday (Aug. 27). The multifaceted event was designed to introduce Purdue students to the global pharmaceutical company and the career opportunities that exist within the Fortune 200 company. - Policymaker: Econ alum pursues his passion at the RAND Corporation
How did Krannert alumnus Benjamin Miller take the giant leap from an undergraduate political science student to a leading role as an economist with the internationally known think-tank RAND Corporation? According to Miller, who hails from Liberty Township, Ohio, it started with a doughnut. - Krannert expert: 4 Surefire Ways To Build Trust
Krannert Professor David Schoorman is an author of what’s widely seen as the most influential psychology paper in the decade of the 1990s. The research in that paper, and subsequent studies Schoorman and his colleagues have conducted in the quarter-century since, has revealed something fascinating about the way humans build and earn trust. - Longtime MIS scholar and endowed faculty member Prabuddha De to retire
Prabuddha De, the Accenture University Professor of Information Technology at Purdue University’s Krannert School of Management and a seminal scholar in his field, is retiring in August 2020. - Krannert expert: 3 initiatives to improve U.S. work-life policy amid pandemic
The coronavirus crisis has illuminated how poorly the United States compares with other major industrialized nations in providing workers across all industries with equal access to paid sick and family leave, employee-requested flexible scheduling, and reasonable work hours, according to Ellen Ernst Kossek, Purdue's Basil S. Turner Professor of Management. - Nursing home industry asks for immunity from COVID-19 crisis
As Covdi-19 deaths and cases escalate, legislators wrestle with the issue of legal immunity for nursing homes, which house some of the most vulnerable patients. At the request of the senior-care industry, more than 20 states have passed new laws to shield senior-care facilities from coronavirus-related litigation or protected them through executive orders. Krannert faculty expert Susan Lu comments on the issue. - Prepared for Liftoff: A conversation with Paul Neary (MSIA ’87), CFO, Boeing Space and Launch
Purdue alumnus Paul Neary, Chief Financial Officer at Boeing Space and Launch, shares memories of his time at the Krannert School and his career in the aerospace industry. - Meeting the Needs of Nonparent Workers
As support programs for new parents have increased, with expanded time off and other benefits, managers need to be careful that they don't neglect workers who aren't parents and who also need time away, says Purdue work-life expert Ellen Ernst Kossek. - After the pandemic, women who work from home could face career penalties
Companies with plans to roll out work-from-home policies on a wide scale after the pandemic must plan to adjust their workplace cultures, says a Purdue University expert on inclusive organizations. - Another round of $1,200 stimulus checks? A more targeted plan to get money to those who need it most is better option, say experts
Millions of Americans put a second round of $1,200 stimulus checks on their wish lists. But Congress has yet to decide exactly what the next version of coronavirus stimulus legislation will look like. Professor Kevin Mumford, Kozuch Director of the Purdue University Research Center in Economics, comments on the issue for CNBC. - Emboldened by 'When and Where' Tagline, MLB Players Band Together
The three-word tagline has galvanized MLB players like we've never seen in the age of social media, says James Dworkin, a Krannert School of Management professor and the author of Owners Versus Players: Baseball and Collective Bargaining. “The players seem to be very, very, very unified,” he tells Sports Illustrated. - Bob Plante retiring following four decades at the Krannert School
Bob Plante, the Lewis B. Cullman University Chair of Management at Purdue’s Krannert School, is retiring following a 40-year career that includes numerous administrative and academic roles in addition to research and teaching accolades. - Register for Wellness Wednesday's
Stacey Shanks and Mary Mitchell are hosting a weekly Wellness Wednesday open to all students, faculty and staff through August 5th this summer. You’re Invited to Krannert School of Management’s Wellness Wednesdays 3-3:30 pm EDT. Each week, we’ll offer healthy topics and movement to break up your day for 30 minutes. - Purdue trustees approve distinguished, named and chaired faculty
The Purdue University Board of Trustees on Thursday (June 11) ratified four distinguished professors and approved the appointments of a named professor and a chaired professor, among other actions. These include the ratification of Herman C. Krannert Distinguished Professor of Management Mike Campion and the appointment of Professor Richard Makadok as the Brock Family Chair in Strategic Management. - Krannert School launches two new online master’s degree programs
Purdue University’s Krannert School of Management will begin offering two new online master’s degree options in January 2021. The Master in Human Resource Management (HRM) and Master in Global Supply Chain Management (GSCM) each will be offered in seven-week segments, with students taking one or two classes at a time - Unemployment due to COVID-19 could eat into voter turnout, Purdue economist says
The “angry voter hypothesis” is a popular narrative that many voters are driven to the polls by economic anxiety. But a new study by Krannert economist Ben McCartney shows that hundreds of thousands of Americans hit by the 2008 recession actually avoided participating in subsequent elections. - Noel S Paul named Executive Director of Krannert School’s Professional Development Center
WEST LAFAYETTE, Ind. — Noel S Paul, a two-time Purdue graduate with more than 30 years of corporate experience, has been named Executive Director of the Krannert Professional Development Center (KPDC), which provides career services and leadership development programs to students and alumni across all programs in the Krannert School of Management. - Krannert prof earns distinction as a POMS Fellow
Krannert Professor Annabelle Feng, Purdue’s John and Donna Krenicki Chair in Operations Management, was named a POMS (Productions and Operations Management Society) Fellow, the Society’s most prestigious lifetime honor. It is intended to recognize members who have made exceptional intellectual contributions to the profession through their research and teaching. - Krannert professor recognized with 2020 Faculty Commercialization Award
Mohammad Rahman, an associate professor in information systems at the Krannert School, is the 2020 recipient of the Central Indiana Corporate Partnership (CICP) Faculty Commercialization Award for his innovative technology startup RightFit Analytics, a precision health focused evidence-driven prescriptive analytics solution for healthcare that utilizes artificial intelligence to learn success patterns. - Student summer interns wanted for safe campus project
ProjectX Safe Campus is a virtual five-week consulting internship that will allow student teams to work on solutions to make for a meaningful and safe on-campus experience. Students from across campus are eligible to sign up as individuals or in teams of two to four students, with a recommendation that at least one team participant is earning a major or minor from the Krannert School of Management. Deadline to sign-up is June 4th. - Purdue experts on COVID-19: Krannert professor provides tips on shopping digitally
Mohammad Rahman, associate professor of management, offers advice in a video to help consumers have successful digital shopping during the pandemic. - Purdue University livestreams panels on COVID-19 supply chain disruptions and economic implications
Professors in the Krannert School of Management and College of Agriculture at Purdue University participated in an hourlong panel discussion and Q&A on May 18 about the disruptions to supply chains caused by COVID-19 and implications for consumers. Earlier in May, three Krannert faculty affiliates from the Purdue University Research Center in Economics (PURCE) hosted a Facebook Live event on the economic implications of COVID-19. - Will the players get paid? How the pandemic is affecting collective bargaining in MLB
James B. Dworkin, a professor in Purdue's Krannert School of Management, is an expert and author focusing on professional sports unions and collective bargaining, and an arbitrator in a variety of labor-management disputes. Dworkin says MLB players are unlikely to make many more concessions because their collective bargaining agreement with the league is set to expire in 2021. - Purdue University to livestream panel on COVID-19 supply chain disruptions and implications for consumers
Professors in the Krannert School of Management and College of Agriculture at Purdue University will participate in an hourlong panel discussion and Q&A about the disruptions to supply chains caused by COVID-19 and implications for consumers. - Malpractice laws may shield nursing homes from liability during Covid-19 pandemic
As nursing homes continue to emerge as Covid-19 hot spots, allegations of negligence are likely to increase among residents, their families and advocacy groups, according to Barron's. However, a study co-authored by Susan Lu, Gerald Lyles Rising Star Associate Professor of Management at Purdue's Krannert School, suggests that malpractice laws in many states allowing nursing homes to shield their assets could also decrease potential settlements resulting from the pandemic. - Krannert prof honored by Work Family Researchers Network
Ellen Ernst Kossek, the Basil S. Turner Professor of Management in the Krannert School of Management, has received the Ellen Galinsky Generative Researcher Award from the Work Family Researchers Network. This award recognizes a work-family researcher or research team who have/has contributed breakthrough thinking to the work-family field via theory, measures, and/or data sets that led to expansive application, innovation, and diffusion, including the sharing of research opportunity in the spirit of open science. - Krannert and Kelley business schools collaborating to help IU Health manage surge of Covid-19 patients
Faculty at two of Indiana’s leading business schools at Indiana and Purdue universities are collaborating on a project with IU Health to help the healthcare provider manage the COVID-19 demand surge in their 16 hospitals across five regions of the state. Pengyi Shi, assistant professor of supply chain and operations management at Krannert, led the patient-flow workload team. - Meat packing plants are forced to stay open. But do workers have to show up?
The federal government has ordered meat packing and processing plants to remain open during the coronavirus pandemic, despite COVID-19 outbreaks in several facilities nationwide. Krannert Professor James Dworkin offers an expert's view on the potential labor issues. - Pay cuts, layoffs hit white-collar workers, too, says Purdue economist
Unemployment is becoming more common among white-collar workers as the wave of layoffs and pay cuts that first ravaged the service industry in mid-March start to erode management, upper-level and even executive jobs, says Purdue economist Timothy Bond. “It’s going to trickle up, eventually." - Sensors, robots and social distancing: What will factories look like in the post-pandemic era?
Manufacturing will look strikingly different in the post-pandemic era, says a Purdue University expert in supply chain and manufacturing management. “But we’re really bullish on the future of manufacturing,” said Ananth Iyer, senior associate dean in the Krannert School of Management and director of the Dauch Center for the Management of Manufacturing Enterprises (DCMME). “We want manufacturers everywhere to come out swinging because that’s the only way the supply chain will ramp back up.” - Voting could be of least concern for Americans facing housing crisis, says Purdue economist
In the second week of April, housing prices began to stall and new listings dropped 47 percent compared with the same time last year. It’s part of the economic fallout of COVID-19, which has left 22 million Americans unemployed, and the upcoming general election might be the last thing on their minds, says Purdue economist Ben McCartney. "Even if the economic ship is somewhat righted by November, a lot of households’ financial situations will have really deteriorated," he says. "The implications for voter turnout are worrying.” - Purdue economist: The Fed is becoming ‘a lender of last resort’ during COVID-19 pandemic
One in four small businesse s is closed in the United States and a historic number of Americans are unemployed due to the spread of the COVID-19 pandemic. In response, the Federal Reserve has opened two facilities that will support the flow of credit to households and businesses. “The Fed is serving as a kind of ‘lender of last resort’ instead of using only conventional responses like interest rate cuts, which do not have much of an effect on consumption and investment at already low rates," says Purdue economist Cathy Zhang. - Work without boundaries: When every day is ‘take-your-kids-to-work day’
In-home activities are available for families who still want to celebrate Take Our Daughters and Sons to Work Day on Thursday (April 23). The day is designed to show children the “possibilities associated with balanced work and family life,” according to the foundation. But nearly every day is “take-your-kids-to-work day” for millions of Americans forced to telecommute due to COVID-19, says Purdue University work-life balance expert and Basil S. Turner Professor of Management Ellen Ernst Kossek. - Hoosier Manufacturing Takes Hit; How Will it Rebound?
Indiana is a national manufacturing powerhouse, both in employment and output. But the COVID-19 pandemic is putting the brakes on the state's industrial prowess, according to Ananth Iyer, a professor of supply chain and operations at the Purdue University Krannert School of Management and director of the Dauch Center for the Management of Manufacturing Enterprises. - NYT: Trump has a gut feeling about what COVID-19 means for 2020
In this op-ed for the New York Times, Thomas Edsall writes about polling trends and thoughts of how President Trump is handling the coronavirus crisis and economy, as well as what it could mean for the upcoming election. The work of William McCartney, a professor of finance at Krannert School of Management, is mentioned. McCartney looked at household finances and voting trends during the 2007-09 financial meltdown. - Tippecanoe County is facing historic levels of unemployment
Like the rest of the United States, Tippecanoe County has been hit hard by unemployment caused by the COVID-19 crisis. As many companies temporarily halt operations, recently laid-off or furloughed workers still have opportunities to advance their careers, education and finances, according to Purdue career and personal finance experts. - Krannert alumnus teams up with Ventilator Project to fight COVID-19
Like many people caught in the midst of the COVID-19 outbreak, Ryan Sadkowski (MSF ’19), was trying to figure out how he could join the fight against the global pandemic. So, when he heard about the buzz surrounding an upstart band of volunteers organizing a non-profit called the Ventilator Project, his curiosity was piqued. The ambitious initiative was started by Purdue University alumni Tyler Mantel and Alex Frost to address the projected massive shortfall of ventilators, life-saving devices critical to the fight against the global crisis. - Advance Your Career With a Master’s in Economics – Purdue Krannert
Economists have begun to play a growing role in the tech sector. Learn how a Master’s in Economics from Purdue’s Krannert can help you achieve a fulfilling career in your chosen field. - Will the players get paid? Krannert professor Jim Dworkin on how pro sports contracts deal with disasters like pandemics
James Dworkin, a professor in the Krannert School of Management at Purdue University, is an expert and author focusing on professional sports unions and collective bargaining, and an arbitrator in a variety of labor-management disputes. Dworkin says collective bargaining agreements often contain special clauses, called “force majeure,” that cover how operations continue when catastrophes like fires, floods or pandemics occur. - A more personalized approach to improving customer experiences
Krannert's Matthew Lynall is part of Purdue team that helped a startup receive support from the National Science Foundation for a customer analysis tool that could bring a “personalized” experience to shopping, traveling and other consumer activities. - Purdue economists: Americans unemployed due to COVID-19 lockdowns could be slow to return to work
The COVID-19 pandemic has paused the United States economy and resulted in historic levels of unemployment, and it’s unclear how easily the light switch can be turned back on, say Purdue University economists who specialize in public policy and labor markets. - Three ways malls and department stores can survive the growing number of COVID-19 lockdowns
Many states are closing nonessential businesses and urging residents to shelter in place to prevent the spread of COVID-19. The measures are forcing malls, department stores and brick-and-mortar shops – already hard-hit by closures, bankruptcies and dwindling business – to transition to online-only sales and experiment with alternative delivery options, says Krannert professor Mohammad Rahman. - No, We’re Not Going to Run Out of Groceries
If empty shelves are now a fact of life, are food supply chains straining? Yes—but experts including Krannert professor Ananth Iyer say that, although there are a few signs of trouble, they’re still able to supply stores with plenty of food, and that they should soon adjust to the new normal - Purdue offers combined degree program in human resources
Students interested in earning a bachelor’s and master’s degree in human resources now have an accelerated option at Purdue University. Beginning in fall 2020, the Purdue Polytechnic Institute and Krannert School of Management are teaming to offer a combined degree program, with students earning an undergraduate degree in human resource development (HRD) and a master’s degree in human resource management (MSHRM). - The workers feeding America
Krannert professor Ananth Iyer says that food companies must adopt new policies to enforce social distancing at work, even if they're slightly less efficient. "I'm hopeful that a lot of the manufacturing side and the supply-chain side can be managed in such a way to protect the employees and continue to get the product out," Iyer says. "This needs to happen yesterday." - Purdue economist: Three ways the proposed stimulus package could be more effective
As businesses close and unemployment rises during the coronavirus outbreak in the United States, Congress is considering a $2 trillion stimulus package that would include direct payments to Americans based on income and family size, according to the Associated Press. Evidence from previous stimulus bills in 2001 and 2008 shows that much of the money was saved or used to pay down debt rather than inject cash into the economy, says Purdue University economist Kevin Mumford. - Krannert prof comments on economic impact of coronavirus pandemic
Professor Tim Moore, a faculty affiliate in the Purdue University Research Center in Economics (PURCE), was featured on a panel of local experts and decision-makers in an hourlong special about the coronavirus pandemic recently broadcast on WLFI TV 18. You can view his segment beginning at the 46-minute mark. - Why there will soon be tons of toilet paper, and what food may be scarce, according to supply chain experts
Stuck rationing toilet paper because you didn’t stockpile during the coronavirus panic over the last few days? Don’t worry, according to supply chain experts including Purdue's Ananth Iyer. - Empty shelves will soon be ‘a thing of the past,’ says grocery supply expert
To better understand the grocery supply chain and how stores are stocked, FERN turned to Dr. Ananth Iyer, a professor of supply chain management at Purdue University and director of the university’s Global Supply Chain Management Initiative. - Purdue professor urges calm, patience while shopping amid coronavirus pandemic
Ananth Iyer, a professor of supply chain management at Purdue University, says he understands that many shoppers are tense right now. Situations like this can lead to frustration at stores and “panic buying.” - Shelves are empty — when will they be restocked?
If stores cut hours excessively or if hourly employees like shelf stockers or cashiers self-quarantine and don't show up for work, lines could grow, a retail consultant said. - Three ways coronavirus could change the debate about paid time off in the United States
As the novel coronavirus continues to spread across the United States, workers are being encouraged to work remotely or stay home to prevent the spread of illnesses in the workplace. Without paid-time-off policies or jobs that can be done via telework, however, many workers are left without a safety net and forced to choose between loss of wages and sacrificing their health and the health of others, says Ellen Ernst Kossek, the Basil S. Turner Professor of Management in the Krannert School of Management at Purdue University. - What Companies Need to Do to Improve Working Conditions for Women
Ellen Kossek, Basil S. Turner Professor of Management at Krannert, discusses gender inclusion in the workplace. - Purdue launches online analytics degree
Purdue University’s Krannert School of Management will begin offering an online Master’s in Business Analytics in fall 2020. The degree is aimed at working professionals. Students will receive broad exposure to various functional areas of business and how they use information to make better-informed decisions. The U.S. Bureau of Labor Statistics estimates the need for business analysts to increase 14% by 2024, and this degree will prepare participants for a wide variety of roles within the industry. - Six ways businesses can remain resilient amid coronavirus disruption
Coronavirus quarantines have shuttered Chinese factories and shocked global supply chains. Flexibility to continue production is crucial for manufacturers that rely on components made in China, says Ananth Iyer, senior associate dean in the Krannert School of Management at Purdue University and director of the Global Supply Chain Management Initiative. - Americans Are Being Encouraged to Work From Home During the Coronavirus Outbreak. For Millions, That's Impossible
Ellen Kossek, professor of Krannert, explains the implications of the coronavirus on employment. - Krannert professor studies household financial decisions with the help of ITaP data analysis system
Whether your house has recently gained or lost value could predict how likely you are to vote in the next election. That’s the conclusion of recent research from Ben McCartney, an assistant professor of finance who studies household finance and real estate. McCartney used Data Workbench, ITaP Research Computing’s interactive data analysis resource, for this study. - Ellen Kossek receives Fulbright Specialist Award to United Kingdom at Cranfield University
The U.S. Department of Justice and the J. William Fulbright Foreign Scholarship Board are pleased to announce that Ellen Kossek of Purdue University has received a Fulbright Specialist Program award. Kossek will complete a project at Cranfield University in the United Kingdom that aims to exchange knowledge and establish partnerships benefiting participants, institutions, and communities both in the U.S. and overseas through a variety of educational and training activities within the Business Administration. - The case for economics—by the numbers
A new study examines 140,000 economics papers published from 1970 to 2015, tallying the “extramural” citations that economics papers received in 16 other academic fields, including sociology, medicine, and public health. A paper co-authored by associate professor Susan Feng Lu appears in the March issue of the Journal of Economic Literature. - Spring break travel: Three ways to be a more responsible Airbnb guest
Travelers planning an affordable spring break trip should be aware of the “Airbnb effect.” Areas with a rise in Airbnb rentals, for example, often see a jump in housing prices and other negative aspects of tourism, according to the Economic Policy Institute. Mohammad Rahman, an associate professor in the Krannert School of Management at Purdue University who has studied and written about the home-sharing platform, said the problem goes far beyond housing prices. - Krannert team advances to New York global competition
A team of students from Purdue University’s Krannert School of Management took a step toward national and global recognition with a recent victory in Indiana’s 2020 CFA Institute Research Challenge. The annual global equity research competition provides university students with hands-on mentoring and intensive training in financial analysis, giving them real-world experience as they assume the role of research analysts. They are judged by industry professionals on their ability to value a stock, write a research report, and present their recommendations. - What’s mined is yours: Purdue graduate gives mineral rights worth millions to the Krannert School
Former stockbroker and investment advisor Allyn Knoche, a 1956 graduate of Purdue University, has given the rights to a Canadian nickel mine, potentially worth millions of dollars, to the university’s Krannert School of Management. - Company co-founded by Krannert alumna unveils a new option for shared transportation
Veoride, a company founded at Purdue by Krannert alumnus Candice Xi and engineering grad Edwin Tan, recently unveiled a new kind of shared transportation option that will enable millions to enjoy their first and last mile commutes with previously unmatched convenience, accessibility, and comfort. The Veo Cosmo is a first of its kind seated electric vehicle created expressly for the rigors of shared use. - Scoring a Job: Training computers to improve hiring practices
Millions of employment decisions are made each year, which can be a strategic advantage for those companies with the ability to sift through numerous candidates to find the best hire. Michael A. Campion, Purdue’s Herman C. Krannert of Professor of Management, says the resumes and achievement records of most job seekers are part of an overflowing pool of big data that creates a daunting amount of work for employers and their HR staff, especially for companies with highly selective hiring practices - How can we make sure that algorithms are fair?
Karthik Kannan, the Thomas J. Howatt Chair in Management at the Krannert School and director of the Krenicki Center for Business Analytics & Machine Learning at Purdue University, shares his expertise on using machines to augment human activity in a guest column for The Conversation. "I predict there will soon be a new balance between human and machine intelligence, a shift that humanity hasn’t encountered before," Kannan says.