SMITH BRAIN TRUST – It is the most expensive deal in IBM’s 108-year history, but the $34 billion acquisition of Red Hat is one that seems likely to pay off, says Maryland Smith’s Tunay Tunca.
For a company that make goods, landing a top retailer as a client is often the goal. But for these small suppliers, the win comes with the big challenge of figuring out how to finance their operations to actually deliver the goods, defect-free, to get paid. When they can’t line up traditional bank loans — because of lack of credit history or because they aren’t as available in developing economies — small suppliers often resort to payday-like loans with very high interest rates, increasing overall costs in the supply chain and reducing efficiency.
Open-source software development strategies have grown in popularity in recent years. But they aren’t always the best approach.
SMITH BRAIN TRUST – Ride-hailing services that want to grow revenue should share more with drivers while charging passengers less during nonpeak hours, a working paper from the University of Maryland’s Robert H. Smith School of Business shows.
Competition produces winners and losers. But game theory analysis shows how everyone comes out ahead when retailers and bankers cooperate to reduce finance costs for suppliers in China and other emerging markets. Consumers ultimately score when the savings get passed down the line.
Cities usually lose when they bid against each other to lure the same sports franchise, factory, corporate headquarters or some other economic prize. But this won’t stop San Francisco and Los Angeles from battling for the new George Lucas art museum. Smith School professors Rajshree Agarwal and Tunay Tunca explain why in this Smith Brain Trust infographic. Read more...
Companies looking for business insights based on data will have a chance to partner with the University of Maryland’s Robert H. Smith School of Business in a new Master of Science in Business Analytics program.
Five Steps to Foster Workplace Initiative
Companies can spur proactive workplace behavior when they take five steps to build an initiative-friendly climate, new research from the Smith School shows.
Employees tend to respond and take initiative when their managers lead by example, provide coaching, allow participative decision making, keep team members informed and show concern.
A BUYER’S GUIDE TO LOW COST, HIGH QUALITY