Eli Jones, dean of Mays Business School at Texas A&M University and holder of the Peggy Pitman Mays Eminent Scholar Chair in Business, received two awards and two other faculty members were recognized during the 2016 Summer Educators Conference of the American Marketing Association (AMA), held Aug. 5-6 in Atlanta.

Jones was inducted into the Hall of Fame for the American Marketing Association’s Ph.D. Project, a national group the works to increase the diversity of business school faculty members. The Ph.D. Project’s annual recognition of faculty members started in 2011 to honor commitment, involvement and inspiration, and to recognize “a select few who have greatly inspired many,” organizers said.

This year was the first time a charity component was added to the award. Members of the AMA’s Selling and Sales Management Special Interest Group (Sales SIG) gave personally to a charity in Jones’ name, and raised more than $14,000 – the highest raised by a single individual. The fund-raising component was a surprise to Jones until the night of his award. When presenting the Hall of Fame honor to Jones, KPMG Foundation and Ph.D. Project President Bernard Milano said: “You have been a wonderful role model and mentor to many, many people.”

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Venkatesh Shankar (left)

Jones also was presented with the 2016 Lifetime Achievement Award from the AMA’s Sales SIG, which provides programs designed to enhance selling and sales management scholarship, teaching and practice in an inclusive and collegial environment. The Lifetime Achievement Award honors the outstanding scholar who has made meaningful contributions to the field of sales through publications in top journals, teaching excellence, fostering professional development among others, and generally contributing to scholarship in the area of sales. 

Mays faculty members who were recognized at the conference were marketing professors Venkatesh Shankar and Manjit Yadav.

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Manjit Yadav (left)

Shankar was recognized with the 2016 Outstanding Area Editor Award for the Journal of Marketing (JM). Yadav was recognized as Outstanding Reviewer for JM.

Jones said of the school’s positive representation at the conference: “Part of our mission is to create a vibrant learning organization. The awards garnered recently are a testament to the quality of our people and the vibrancy of our culture. People make the place. I’m pleased with the culture we’ve  created and the desire to continuously improve it.” 
Faculty members from other Mays departments have also been recognized in recent months:

 

Lorraine EdenManagement Professor Lorraine Eden won the inaugural Woman of the Year award from the Women in the Academy of International Business, a special-interest group within the Academy of International Business. She was presented the award at the annual AIB meeting in New Orleans in June.

Alina SorescuAlina Sorescu has been invited to join the editorial review board of the top-tier Journal of Marketing Research.

BarrickA paper University Distinguished Professor of Management Murray Barrick co-wrote won best paper in Personnel Psychology. It was titled “Personality and Leadership Composition in Top Management Teams: Implications for Organizational Effectiveness.”

Duane IrelandUniversity Distinguished Professor of Management and Executive Associate Dean Duane Ireland was on a team that won the 2016 Journal of Management Scholarly Impact Award for “Signaling Theory: A Review and Assessment.” His colleagues were Brian L. Connelly, Trevis C. Certo and Christopher R. Reutzel.

Michael HowardManagement Assistant Professor Mike Howard’s paper won a “Best Paper” honor from the Business Policy and Strategy division of the Academy of Management. “The Influence of Founder Collaborations on Venture Knowledge Quality” was co-written with Warren Boeker, Sandip Basu and Arvin Sahaym.

CourtrightManagement Assistant Professor Stephen Courtright received a Best Reviewer Award from the Academy of Management Review.

James-Abbey-3James Abbey, Assistant Professor in the Deparment of Information and Operations Management, was invited to and joined the Editorial Review Boards for two top-tier journals: Production and Operations Management Journal and Journal of Operations Management. Abbey also received a “Best Reviewer Award” for review work at Production and Operations Management Journal and was recognized for “Outstanding Review Work” at the Production and Operations Management 2016 Annual Conference.

Categories: Departments, Faculty, Featured Stories, Former Students, Mays Business, News, Programs, Texas A&M

Eli Jones, dean of Mays Business School at Texas A&M University and holder of the Peggy Pitman Mays Eminent Scholar Chair in Business, joined an elite group when he was inducted into the Hall of Fame for the Ph.D. Project, a national group that works to increase the diversity of business school faculty members.

The award came during the Ph.D. Project’s annual Faculty Dinner, held in conjunction with the American Marketing Association (AMA)’s conference Aug. 5-6 in Atlanta. The AMA is a sponsor of the Ph.D. Project. About 100 of the Ph.D. project’s 200 Marketing Doctoral Students Association members attended.

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Dean Eli Jones and Bernard Milano

The Ph.D. Project’s annual recognition of faculty members started in 2011 to honor commitment, involvement and inspiration, and to recognize “a select few who have greatly inspired many,” organizers said.

When presenting the Hall of Fame honor to Jones, KPMG Foundation and Ph.D. Project President Bernard Milano said: “You have been a wonderful role model and mentor to many, many people.”

In his acceptance speech, Jones said the Ph.D. Project stemmed from a need to increase the supply of underrepresented minority college graduates.

“One significant way to do so is to increase the minority representation at the front of the classroom,” he said. “In organizing the Ph.D. Project, what may not have been anticipated is the greater impact that this wonderful initiative would have on society.”

Jones added, “We are the light.  Let’s focus on our calling and keep pressing on to make a difference. Be still. Be the light.”

Jones also was presented with the 2016 Lifetime Achievement Award from the AMA’s Sales and Sales Management Special Interest Group (SIG), which provides programs designed to enhance selling and sales management scholarship, teaching and practice in an inclusive and collegial environment. The Lifetime Achievement Award honors the outstanding scholar who has made meaningful contributions to the field of sales through publications in top journals, teaching excellence, fostering professional development among others, and generally contributing to scholarship in the area of sales.

This year was the first time a charity component was added to the awards program to raise funds for the Ph.D. Project. Members of the AMA’s Sales SIG, as well as some of his friends and colleagues, gave personally to a charity in Jones’ name, and raised more than $14,000 – the highest raised by a single individual. The fund-raising component was a surprise to Jones until the afternoon he received the Lifetime Achievement Award.

Categories: Faculty, Featured Stories, Mays Business, News, Texas A&M, Uncategorized

Lorraine Eden, a management professor at Mays Business School, is the first-time recipient of the Woman of the Year award from the Women in the Academy of International Business (WAIB). The WAIB executive board unanimously chose Eden for the award and presented it to her at the annual Academy of International Business (AIB) meeting in New Orleans in June.

The Woman of the Year Award recognizes a female WAIB scholar for her service to WAIB, to the AIB and for high-quality research in an international business discipline. 

The WAIB is a special-interest group within the AIB that promotes networking among members and supports global female talent through discussion and research. Eden founded the organization in 2001 at the annual AIB meeting in Sydney, Australia. The special-interest group has since grown to having over 800 members worldwide.

“I am honored and humbled to receive this award,” Eden said. “You could knock me over with a feather when I found out about it! I’m not sure I have done anything to deserve this, but I am delighted to have been selected.”

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Amanda Bullough, President of WAIB (right), presents the first Woman of the Year award to Lorraine Eden.

Eden has been an active member of the AIB for many years. She held the position of track chair at the 1998 Vienna meetings, AIB Vice President from 2000-2002 and Program Chair of the 2002 Puerto Rico meetings on Geography and International Business. She was elected a Fellow of the AIB in 2004 and has served on several Fellows committees. She also served as chair for the 2010-11 AIB presidential committee. In 2012 she received the AIB President’s Award for her contributions to AIB and the field of international business.  

“We are all quite excited about presenting this award to you,” Amanda Bullough, president of WAIB, told Eden at the conference. “We all admire what you’ve done for women in the AIB over the years. I for one am certain that many junior and mid-career women scholars look up to you.”

This award comes just after Eden’s appointment as president to the AIB board. She will serve as as president-elect for the 2016-17 year, president from 2017-18 and past president from 2018 to 2019. 

At Mays Business School, Eden holds the Gina and Anthony Bahr ’91 Professorship in Business in the Department of Management. She teaches courses on Transfer Pricing, Multinational Enterprises and the Economics of International Business.

 

Categories: Faculty, Featured Stories, Management, Mays Business, News, Texas A&M

Researchers work to revolutionize how health care institutions clean surfaces

“Technology boot camp” is how Virender Sharma, a professor at the Texas A&M Health Science Center School of Public Health, describes his experience at Innovation Corps (I-Corps), a National Science Foundation (NSF) program that helps scientists bring their discoveries out the laboratory and toward the commercial market.

“One thing I discovered during this process is that the science is only 20 percent of it,” Sharma said. “The other 80 percent is just business—how you sell it, how you make deals.”

Sharma’s work using ferrate ions—which are iron ions that have lost four or more of their electrons—as a disinfectant has been shown to be extremely successful in the lab, and he was starting to wonder if it was time to make a commercial product.

“I think Dr. Sharma was disappointed when he found out that I wasn’t a consultant who would tell him if his technology has value,” said Chuck Hinton, director of NSF I-Corps at Texas A&M, which is part of Mays Business School’s Center for New Ventures and Entrepreneurship. “He was going to have to figure that out for himself, and that is the key of this program.”

Although other Texas A&M Health Science Center researchers have participated in regional I-Corps programs, Sharma and his team are the first to participate in a national cohort. The other members of the team were Jashanpreet Singh, a postdoctoral fellow in Sharma’s lab who served as the entrepreneurial lead on the project, and Chetan Jinadatha, an assistant professor at the Texas A&M College of Medicine and chief of infectious diseases at the Central Texas Veterans Health Care System in Temple.

Jinadatha’s work focuses on infections acquired in hospitals and other health care settings, which sicken 722,000 people and kill about 75,000 per year, according to the Centers for Disease Control and Prevention (CDC). Examples of this type of infection include Methicillin-resistant Staphylococcus aureus (MRSA) and Clostridium difficile. “Between 40 and 50 percent of such infections are related to improper cleaning of surfaces,” Jinadatha said.

Current disinfectants are effective at cleaning surfaces but have an off-putting odor and can cause damage to hospital equipment and materials and irritation of eyes and skin. “You also have to read the directions carefully,” Jinadatha said. “They have to be sprayed on a surface, left to sit for a period of time, and then wiped off, or they do not disinfect properly.”

The team completed more than 110 in-person interviews in five weeks with stakeholders and potential customers, including hospital environmental services workers (housekeepers), infection control practitioners, physicians and hospital administrators.

“One great thing we learned is that so many fellow Aggies want to help you,” Sharma said. “They were ready to meet with us, and I was really surprised about how nice everyone was and generous with their time and opinions.” Through this extensive interview process, the team was able to learn what issues people were having with existing cleaning products and what a new product would have to do in order to make their lives or jobs easier.

“This program is invaluable for helping faculty members evaluate the market opportunity and customer need for their technology,” Hinton said.

In this case, Sharma and the rest of the team found that because busy people tend not to have time to spray a disinfectant and let it sit for several minutes, the infectious pathogens aren’t being destroyed, and they go on to infect the next patient.

“I was surprised that there is a real problem with these disinfectants in hospitals,” Sharma said. “They’re often not being properly used, and so they’re not working.”

Ferrate doesn’t have these limitations. Sharma has recently patented his liquid ferrate technology, which solved the inherent issues related to stability of ferrate in solution form, and now needs to be tested for its commercial viability as a surface disinfectant for health care facilities. The team sees the next step as the creation of a spray disinfectant of the ferrate solution.

“There is interest in the product, but we need more data before we can start a small business or collaborate within existing companies to commercialize the product,” Sharma said. The team’s next step is to apply for an Accelerating Innovation Research (AIR) grant that will allow them to further develop their research.

“I’m even more committed to ferrate than I was before,” Sharma added.

Singh was awarded best entrepreneurial lead and the most improved. “That’s really a big deal,” Hinton said. “I’m really extremely proud of this team. They went in prepared and worked hard and ended up being the best one there.”

By Christina B. Sumners, Texas A&M Health Science Center

Categories: Featured Stories, I-Corps, Mays Business, News, Programs, Staff, Texas A&M

One of the most rewarding aspects of my position as a career adviser is watching students develop personally and professionally.There have been many opportunities to witness this happening with our students first-hand while on the Marketing Study Abroad program, with which I have been able to assist for four years.

For those not familiar with this trip, 80 students travel throughout seven countries in Europe during a 28-day period. Marketing Professor Stephen McDaniel is program director.

During the trip, the students make professional and cultural Dr. Mac at Johnson & Johnsonvisits to gain an understanding of international business and marketing practices as well as increase cultural awareness. Days are filled with company visits that can range from a behind-the-scenes look at Harrods in London to watching customers take delivery of their new BMW in Munich.  But it’s not all business. Students are also introduced to the culture and the history of the areas visited with bike tours which highlight significant landmarks and events, as well as visits to places such as the Palace of Versailles and Dachau Concentration Camp. Students who complete this course are transformed by this experience with several skills that are highly desirable to employers including creative problem solving, and increased communication and public speaking skills, among many others.

Discussion of marketing practices is a major part of the company presentations that we attend. One of the most surprising lessons for our students was that Americans are not Monte Carlo Casinonecessarily the most lucrative market for many European businesses. Understanding what motivates customers from countries like China and India and using targeted marketing strategies is what has made companies like Bucherer in Switzerland so successful. Learning how to appeal to lucrative segments in other markets is valuable to our students as they learn to navigate the business world in a global environment.

In addition to learning about business practices, our students had the opportunity to experience different cultures since we travel throughout Europe. People in Britain were more reserved than those in Italy. Monaco is extremely safe due to increased police presence to ensure the protection of the high net worth people who live there. In Germany, beer is considered a food. Austrians live their lives in the outdoors by hiking, skiing and enjoying the beauty and terrain of the mountains. Each country had its own identity and customs, and awareness of that was very helpful to our students. They quickly adapted to the culture of each country and learned to flourish in unfamiliar surroundings.

Watching students figure out how to invoke creative problem solving is always a highlight for me. They had to learn new transportation systems, budget for spending and food money, and cross the communication barrier successfully. Reading maps, buying groceries as opposed to eating out and learning simple phrases in each country’s native language were just a few of the ways they did this. But they not only had to communicate with people who may not speak English, they also had to educate their fellow students on highlights of each city or the companies and cultural sites we visited. The students’ ability to transform facts and details into creative presentations was amazing. We had a group that demonstrated the glass making process to replicate the work of the artisans at Riedel Glass, by using balloons! Other groups used a game-show format, skit or race. The end result was not only informative, but also entertaining.

There were several skills that were not developed, but rather demonstrated during the study abroad and those were Texas A&M’s core values of excellence, integrity, leadership, loyalty, respect and selfless service. Arranging a special prayer service, buying and giving a sandwich to a homeless person on the street, watching out for each other, listening attentively and participating for our hosts are only a few examples.

Being able to witness, guide and advise students on how to use the skills developed while on the study abroad is one of the best parts of my job. Watching them transform from cautious newcomers to confident travelers is phenomenal. They did this by experiencing and learning, and they will be able to capitalize on these skills when seeking career opportunities.

Touring Versailles

Categories: Featured Stories, Marketing, Mays Business, News, Students, Texas A&M

The Blackstone Charitable Foundation has expanded its campus entrepreneurship program, Blackstone LaunchPad, to three Texas universities: Texas A&M University, The University of Texas at Austin and The University of Texas at Dallas. The Blackstone Charitable Foundation’s three-year, $3 million grant will establish a partnership between the three institutions to introduce entrepreneurship as a viable career option and offer opportunities to the universities’ 130,000 students, regardless of major, with a network of venture coaches and an entrepreneurial support system.
Blackstone photo2“Texas has a strong business environment and is a hub for entrepreneurship and innovation,” said Stephen A. Schwarzman, Blackstone’s chairman, CEO and co-founder. “As universities look to the private sector to expand their capabilities and provide experiential opportunities to their students, we are pleased to help meet that need and deliver the tools and resources to build strong enterprises rooted in the state and connected to a global network of entrepreneurs.”
The announcement was made at the UT Dallas Visitor Center Atrium, and speakers included Blackstone Chairman, CEO and co-founder Stephen A. Schwarzman; co-founder and CEO of Vengo Labs (a Blackstone LaunchPad venture) Brian Shimmerlik; and executive director of the Blackstone Charitable Foundation Amy Stursberg. Sen. John Cornyn (R-TX) and Britt Harris, chief investment officer at the Teacher Retirement System of Texas, were also scheduled to deliver remarks, but were unable to attend due to severe weather.
…Read more

Categories: Centers, Featured Stories, Mays Business, News, Startup Aggieland, Students, Texas A&M

Christopher Bybee ’17 is one of 36 college students in Texas selected as a Future Texas Business Legends Scholar by the Texas Business Hall of Fame (TBHF), which carries a $15,000 scholarship award. The TBHF recognizes students who define entrepreneurial ventures with impact to future business in Texas.

Christopher BBybee is a business honors and finance major. He won a Texas A&M Class Star Leadership Award for the class of 2017, and a 2016 Texas A&M Fraternity Man of the Year Award. He has served as a Texas A&M Maroon Coat, which enhances the impact of the Texas A&M Foundation through ambassadors, stewardship and selfless service by meeting with and spending time with current and prospective donors of Texas A&M; and served as President for his fraternity Phi Gamma Delta. He was also a participant in the Horizons program, an intense Investment Banking program focused on professional and technical development, as well as interview preparation.

Bybee also has worked at Startup Aggieland, where he has helped form two companies.

Eric Newman, assistant director of Business Honors and Business Fellows at Mays, said Bybee stood out as a young entrepreneur from the moment they met. Bybee had already successfully launched Sno Boat, a floating snow cone stand on Lake Austin. “While Christopher has remained involved with entrepreneurship during his time at Mays Business School, what stands out more is his commitment to his own development for the service of others,” Newman said. “His peers admire him and follow his leadership. They trust him for both his character and his ability.”

Bybee will join the other 2016 recipients at the Annual Scholarship Luncheon in San Antonio in October.

The TBHF Foundation is a non-profit organization of 70 directors who are business leaders from cities throughout the state. The organization’s mission is to recognize the accomplishments and contributions of Texas business leaders, to perpetuate and inspire the values of entrepreneurial spirit, personal integrity and community leadership in all generations of Texans.

Categories: Business Honors, Featured Stories, Mays Business, News, Students, Texas A&M

KPMG Spring 2016

The 2nd Annual KPMG Fraud Case Competition Final Round was held May 3 at Mays Business School. The three teams competing in the Final Round had advanced from the Preliminary Round held there the prior week.

Final Round judging was facilitated by Nic D’Ambrosio, director, and Kelsey Brooks from the Houston office of KPMG’s U.S .Forensic Advisory Practice.

The Final Round participants included:

Darby Adamson                     Lauren Beurlot                                   William Chambers

Brent Garcia                           Jena Hemann                                     Robert Demarest

Aaron Mendoza                     Sydney Hunemuller                           Kyle Francis

Andre Thomas                      Natalie Lyon                                       Kyle Hamilton

Maci Watson                          Zidan Wang

The first-place team members are, left to right, Kyle Hamilton, William Chambers, KPMG Director Nic D’Ambrosio, KPMG representative Kelsey Brooks, Robert Demarest and Kyle Francis.

Categories: Featured Stories, Mays Business, News, Students, Texas A&M

FEATURE 1 - Lord Hastings

Lord Hastings, second from the right, visited the Mays CityCentre campus.

Purpose-driven businesses and employees who commit to doing more than an occasional project will be key to ensuring sustainability, Lord Michael Hastings urged a group at Mays Business School’s CityCentre campus in Houston.

Hastings, who is KPMG International’s Global Lead of Corporate Citizenship, shared with Texas A&M University BA students, faculty, staff and community members his experience and insights related to corporate responsibility in the context of leading responsibly and sustainably.

The invitation was extended to Hastings through a developing partnership between Mays and Josh Dickson, vice president of regional engagement for Teach for America.

“Through our conversations, Josh realized Lord Hastings would be a perfect fit to discuss how corporations can leverage their impact in the world,” said Kyle Gammenthaler, who is teaching a Strategic Philanthropy class at Mays. “From there, KPMG leadership helped facilitate the coordination of the schedules and materials, so we were able to hear from one of the leading experts on global citizenship.”

Hastings, a former teacher who has done extensive work with children in need, was awarded a Commander of the Order of the British Empire in 2002 in recognition of his services to crime reduction. He is listed as one of the 100 most influential black people in Britain and is No. 6 on the 2016 list of 100 black British business leaders. He represents KPMG International on the Global Corporate Citizenship Committee of the World Economic Forum and is a board member of the Global Reporting Initiative.

Hastings spelled out the grim picture of the future:

  • About 1 billion people will live in areas of water stress by 2030 in a “business-as-usual scenario”
  • The world’s population of people 65 and older will double by 2030, to about 1 billion
  • 90 percent of the youth population globally will live in undeveloped countries
  • 1 million young people in India will enter the workforce every month for the next 20 years.

The good news, he said, is that an increasing number of businesses are implementing goals of improving the lives of others. Unilever, for example, defines its purpose “to ensure 1 billion people get access to water and food.” “We’ve got to look at where the pressures are, and to change necessitates investment of ideas,” he said. “If we’re honest about the world’s sharable resources, population isn’t an issue. Allocation is, and overpopulation in some places.”

After the seminar, Hastings and his son Paul Payne, a business manager in London, met with a smaller group for a roundtable discussion. Payne said before any real progress can occur, the business world must change how it operates. For instance, companies should integrate corporate responsibility into their daily operations rather than allocating a percentage of the profit toward it afterward. “I think until we allow ourselves to do good without the recognition, we won’t make a dent on it,” he said.

“I think young people, as emerging leaders, should systematically change how business is done,” he said.
Payne encouraged collaborations across business sectors and between industries, because he said no single organization can make a dent. “Until we allow ourselves to do good without wanting to take any credit, I think there’s only so far we can get in this journey of trying to see sustainable change.”

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Categories: Featured Stories, Mays Business, MBA, News, Texas A&M

strategicphilanthropychecksCourtesy of a $50,000 grant from the Once Upon a Time Foundation and their initiative called The Philanthropy Lab, Mays Business School embarked on an adventure that transformed the lives of many students while deeply impacting local community issues. Freshman Mallory Smith ’19 said, “I don’t want this class to be the end, but I want it to be just the beginning of a lifetime of giving and learning.” This diverse group of students challenged each other, themselves, and myself as we attempted to navigate the nebulous topic of philanthropy. By the end of the course, students were to strategically give away the entire $50,000 to local 501(c)(3) nonprofit organizations. and they accomplished this with impeccable maturity and determination. These decisions did not come easy or without a significant amount of work and due diligence.

The student board used their mission statement; “We seek to empower Brazos Valley nonprofits to advance positive and sustainable development through strategic giving” to guide their decision making. In addition, they applied their learning by conducting interviews with key organizational staff and initiating site visits to the nonprofit organizations. Finally, the student board wrote and compiled full grant proposals, executive summaries and relevant financial data for each of the 10 finalists in order to discuss and deliberate the best use of these funds.

Our students took this challenge to heart and were able to strategically discuss the merits, challenges and concerns of every single proposal. Along the way, personal philanthropic ideals, values, and motivations were challenged, but a collaborative environment pervaded the inner workings of the class. According to graduating senior Taylor Mehling ’16, “We created a culture of collaboration, where every student genuinely wished to achieve the best solution. People laid aside their egos and spoke transparently about what they had learned through the due diligence process.” …Read more

Categories: Featured Stories, Mays Business, News, Students, Texas A&M