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October 2008

Volume 3 - Number 3

Problems in the Workplace? Stay Silent or Speak Up?

When there is a problem in the workplace, employees have two options: remain silent or speak up. Unfortunately, many employees choose to remain silent, to the great detriment of the organizations for which they work. Their silence keeps management from receiving critical information that would allow their organizations to improve or address problems before they have adverse effects. Reducing employee silence, then, is a key concern for managers. Subrahmaniam Tangirala, assistant professor of management and organization at the Smith School, examined how the effects of individual-level variables such as professional pride, loyalty to the organization and individual perceptions of organizational fairness and supervisor status affected employee silence.
 

http://www.rhsmith.umd.edu/research/ras/sept2008/Tangirala.html

 

ARTICLE | AUDIO PODCAST 

The Mysteries of Mimicry and Consumer Behavior Uncovered

Consumers often feel like they are in control of the purchasing process. But in fact there are many ways in which consumer behavior is influenced without the consumer’s knowledge and outside their control. Mimicry—that human tendency to mirror the behavior of others around us—has some significant effects on consumer choice and preference. How this happens is the subject of a new study by Rosellina Ferraro, assistant professor of marketing at Smith.
 

http://www.rhsmith.umd.edu/research/ras/sept2008/Ferraro.html

 

ARTICLE | AUDIO PODCAST 

New Revenue Management Model Uses Minimal Demand Information

 Airlines want to sell their seats to the right customers at the right time for the right price. The more fare classes or products they have, the more difficult it is to optimize the revenue for each product. That is, airlines have turned to complex mathematical models for revenue management. Hotels, cruise lines and car rental companies all useo forecast demand for their product into the future. Unfortunately, forecasting is notoriously difficult and demand estimates are inaccurate. Side-stepping the problem of demand forecasting can provide a robust solution to these difficulties, according to research at Smith by Michael Ball, Orkand Corporation Professor of Management Science, and Itir Karaesmen, assistant professor of management science, with doctoral students Yingjie Lan and Huina Gao, who have developed models that use minimal demand information for revenue management.
 

http://www.rhsmith.umd.edu/research/ras/sept2008/KaraesmenBall.html

 

ARTICLE | AUDIO PODCAST 

Knowledge Transfer

Ninth Annual CIO Forum, Nov. 7
Information technology is changing the way companies think about interacting with their consumers. Increasingly consumers are empowered to use technology to be self-sufficient instead of traditional face-to-face interactions. Although this provides a wonderful cost savings opportunity for companies, it creates new challenges for them as well. How do companies manage relationships with consumers using this new technology? How is consumer loyalty affected? Do consumers and businesses have sufficient trust in technology to sustain relationships? These changes are empowering consumers in industries ranging from health care to banking to retailing. Join us on Nov. 7 as executives from around the region gain valuable insights into the best practices for enhancing consumer relationships with technology. The keynote speaker is Jim Mazarakis, Chief Technology Officer and VP of T. Rowe Price.
  http://www.rhsmith.umd.edu/cioforum     
Executive Conference on Leading Organizational Change, Nov. 14
 This one-day conference, sponsored by the Smith School's Center for Human Capital, Innovation and Technology, is designed for executives, managers and students interested in or directly responsible for leading organizational change as well as professionals charged with training others to lead change more effectively. Featured conference speakers include, James Parker, former CEO of Southwest Airlines, Mary Tilley, of W.L. Gore & Associates, and Ralph Trombetta, of Value Innovation Associates.
  http://www.rhsmith.umd.edu/hcit/conference/2008/  

Smith Video Views

 

Faculty Perspective: Regulation, Deregulation and the Market Meltdown

 
 At the Smith School’s Town Hall meeting last month, Haluk Ünal, professor of finance, presented a thoughtful analysis of the current financial crisis—and came to some conclusions that might surprise you. It is clear that an unprecedented re-imagining of the nation’s entire financial system is thrashing its way to a painful birth, and nobody quite knows what comes next. But to anticipate what comes next, you have to understand how we got here. Or, as Ünal puts it: “Why are we in this mess, and what needs to be done next?” 

AUDIO/VIDEO PODCAST 

 

Prevention Is the Best Cure -- China Tainted Milk Fallout

 

 

How do executives ensure food and product safety with manufacturing and operations that are globally distributed? Outsourcing oversight of third-party distributors is among the solutions Smith School Ralph J. Tyser Professor of Strategy and Organization Anil Gupta proposes to solving the issues recently brought to light with China's tainted milk scandal.

AUDIO/VIDEO PODCAST 

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Leading Business Intelligence is your source for business intelligence from the University of Maryland’s Robert H. Smith School of Business. No time to read? Log on to Smith Podcasts to download video and audio directly to your iPod or other MP3 player. Read it here, or get Smith business intelligence when and where you want it! Send e-mail to leading@rhsmith.umd.edu with comments or suggestions. 

 

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