A new book released this month offers guidance on how firms can avoid the kind of corporate victories that end up as disasters, harming shareholders and placing the firms future in jeopardy. Beware the Winners Curse: Victories That Can Sink You and Your Company (Oxford University Press, 2004) expands the model of the Winners Curse to explain how companies like Tyco, MCI-WorldCom and Lucent overpaid for acquisitions, and how shareholders suffered as a result.
Professor Henry Lucas' research interests include information technology-enabled transformations of organizations, markets, industries and our daily lives. He has conducted research on the impact of information technology on organizations, IT in organization design, electronic commerce, and the value of information technology. Lucas co-produced and co-wrote The Transformation Age: Surviving a Technology Revolution with Robert X. Cringely, a documentary co-developed by Maryland Public Television and the Smith School shown on public television stations around the U.S. He has authored a dozen books as well as monographs and more than 70 articles in professional periodicals on the impact of technology, information technology in organization design, the return on investments in technology, implementation of information technology, expert systems, decision-making for technology, and information technology and corporate strategy.
COLLEGE, PARK, Md. -- Though Google and Amazon, among others, have begun testing delivery drones, they are at least five years from launching.
Business and engineering experts (below) at the University of Maryland are available to expand on their following comments. They say:
Henry Lucas talks about disruptive technologies and his recent experiences teaching Massive Online Open Courses – free online courses that often have more than 10,000 students participating. [VIDEO]
Research by Henry Lucas
Companies must make an early move to either adopt a new business model, or morph the existing model to take advantage of the disruptive innovation.
In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Henry C. Lucas Jr. and Sunil Mithas discuss their recent study of more than 50,000 information technology professionals that provides evidence to support the employment of highly skilled foreign workers in the U.S.