Fearless Idea 9: Put Women on the Board

SMITH BRAIN TRUST — Corporate gender gaps have narrowed in recent years, but men continue to dominate high-level positions. Among Fortune 500 companies, for example, women held only 20 percent of all board seats in the 2016 Board Diversity Census published Feb. 6, 2017, from the Alliance for Board Diversity in partnership with Deloitte.

Why GM Is Breaking Up with Europe

SMITH BRAIN TRUST — It was never an easy marriage. Now General Motors and its European operations are officially calling it quits, laying bare their incompatibilities and the difficulties of bridging the cultural divide.

C-BERC Board Members Featured in Women Leading Research

Two board members at the University of Maryland’s Center for the Study of Business Ethics, Regulation and Crime (C-BERC) were profiled in the Women Leading Research initiative at the Robert H. Smith School of Business. Congratulations to Christine Beckman for her work on risks and rewards for multidisciplinary work and Leigh Anenson for her work on ways to save government pensions. 

Fearless Idea 8: Reduce Rule-Breaking

SMITH BRAIN TRUST — When employees break the rules at work, it might not be mischief. It might be monotony. A new study finds that employees whose tasks are organized in a more routine and repetitive way are more likely to fall prey to ethical lapses and break rules to make their workday easier. But there's good news. The researchers found that shaking up the order in which employees perform tasks — even without changing the tasks themselves — can reduce rule-breaking.

Fearless Idea 7: Embrace Competition

SMITH BRAIN TRUST — People who study financial economics regularly assume that the markets in which firms sell their products are perfectly competitive, or alternatively that firms operate in isolation. This all-or-nothing thinking is unrealistic.

Fearless Idea 6: Close the Gender Pay Gap

SMITH BRAIN TRUST — The gender pay gap, widely cited for full-time workers in the United States as women earning 79 percent of what men earn, drew 100 businesses to sign on to the White House Equal Pay Pledge in 2016. It also prompted professor Margrét Bjarnadóttir at the University of Maryland’s Robert H.

Fearless Idea 5: Break Out of Silos

SMITH BRAIN TRUST — Researchers can discover creative solutions to complex problems when they combine know-how from different disciplines, but they should understand the potential penalties involved. A new study, co-authored by Christine Beckman at the University of Maryland’s Robert H. Smith School of Business, shows risks and rewards for multidisciplinary research.

Fearless Idea 4: Work Across Time Zones

SMITH BRAIN TRUST — In the global economy, team leadership is often not as simple as gathering employees into the conference room to talk over a project or plan the next set of goals. The team is likely to span time zones and continents, presenting particular challenges for leaders.

Fearless Idea 3: Save Government Pensions

SMITH BRAIN TRUST — Millions of government employees are counting on the funds from their pension plans to get them through their retirement years. But a potential economic crisis looms.  Many state and local pension systems teeter on the brink of financial disaster. What is more, there is no federal oversight of the asset managers controlling the $3 trillion in these funds.

Fearless Idea 2: Bridge the Health Care Divide

SMITH BRAIN TRUST — Consumers via online communities are sharing information and connecting with each other at unprecedented levels. But to what extent can this phenomenon affect healthcare? A recent study led by Ritu Agarwal at the University of Maryland’s Robert H. Smith School of Business identifies two advantages of online communities toward closing the rural-urban gap in access to quality healthcare.

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