August, 2021 | Mays Impacts

August 31, 2021Mays Business School at Texas A&M University and leading health and well-being company Humana Inc. (NYSE: HUM) are launching the 2021 Humana-Mays Healthcare Analytics Case Competition to showcase students’ analytical abilities to solve a real-world business problem. The prize package for the winning teams has increased to $80,000, with $50,000 for first place, $20,000 for second place, and $10,000 for third place.

The fifth annual competition will be held virtually and is open to all accredited educational institutions based in the United States. Full-time and part-time master’s students from accredited Master of Science, Master of Arts, Master of Information Systems, Master of Public Health, Master of Business Administration programs, or other similar master’s programs in business, healthcare, or analytics, are eligible to enter. Students are invited to create teams of two to four to tackle a real-world case. Each team can only include students from the same school.

“Healthcare is one of the three grand challenges established at Mays during our strategic planning process. This process also yielded our vision, which is “to advance the world’s prosperity,” said Duane Ireland, interim dean of Mays Business School. “The national analytics competition is an important part of our commitment to address healthcare issues. Enhancing the quality of this competition is the fact that it attracts the brightest graduate students from across the country. Using real-world, anonymized data in the case, the analyses students complete create high-impact learning opportunities for them while influencing the future of the dynamic healthcare industry.”

“At Humana, we’re passionate about helping our members achieve their best health. We’re excited about the opportunity to partner with my alma mater Texas A&M University on this unique real-world experience for students,” said Humana President and CEO Bruce Broussard. “We recognize healthcare can be challenging and complex. The future of health care depends greatly upon data analytics as a means of creating personalized experiences and designing a better system for our members – one that’s simple to navigate, connected and contributes to better health outcomes.”

 

The teams will be judged based on the following criteria:

  • Quantitative analysis identifying key business insights
  • Professionalism, data visualization, and presentation skills
  • Ability to provide meaningful implications and recommendations based on results/insights

 

Key dates for 2021 participants include:

  • Sept. 8: Virtual kickoff call for prospective participants
  • Sept. 17: Team registration due
  • Sept. 24: Virtual Q&A session with competition leadership
  • Oct. 10: Completed team analysis due
  • Oct. 22: Finalists selected and notified
  • Nov. 11: Virtual presentations to executive panel; winners announced

 

Prior top winners include The Wharton School of the University of Pennsylvania (2020); University of California, Los Angeles (2018 & 2019); and Purdue University (2017).

See official rules and guidelines for more information.

 

About Mays Business School

At Mays Business School, we strive to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates nearly 6,300 undergraduate, masters, and doctoral students in accounting, finance, management, management information systems, marketing, and supply chain management. Mays ranks consistently among the top public business schools in the country for its programs and for faculty research.

 

 

About Humana

Humana Inc. is committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well-being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.

To accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. Our range of clinical capabilities, resources and tools – such as in-home care, behavioral health, pharmacy services, data analytics and wellness solutions – combine to produce a simplified experience with the goal of making health care easier to navigate and more effective.

 

More information regarding Humana is available to investors via the Investor Relations page of the company’s website at humana.com, including copies of:

  • Annual reports to stockholders
  • Securities and Exchange Commission filings
  • Most recent investor conference presentations
  • Quarterly earnings news releases and conference calls
  • Calendar of events
  • Corporate Governance information.

 

###

Categories: Health Care, MBA

R. Duane Ireland, the new interim dean of Mays Business School, has a proven track record for stepping up to serve his beloved university. Since joining the faculty at Texas A&M University as a Professor of Management nearly 20 years ago, Ireland has served in several other leadership roles at Mays Business School – including department head, interim department head, interim executive associate dean, executive associate dean, associate dean of research and scholarship, and acting dean.

With his trademark quick wit, Ireland humbly quips that “I’m still trying to decide what to be when I grow up.” Like most entrepreneurs and CEOs, he is accustomed to wearing many different hats to serve Mays, which educates nearly 6,300 students in accounting, finance, information systems and operations management, management, and marketing. Ireland is also a University Distinguished Professor of Management and holds the Benton Cocanougher Chair in Business.

Ireland exemplifies an important aspect of the school’s mission, which is to “Create Impactful Knowledge.” Ireland’s research focuses on the intersection between entrepreneurship and innovation, strategic entrepreneurship, and effective strategic leadership practices. He has authored or co-authored more than 20 books, has multiple publications in major journals, and is recognized among the most frequently cited economics and business researchers. In 2017, Ireland received the Lifetime Achievement Award, the highest award given to a Mays faculty member for sustained and outstanding scholarly contributions. He is also a recipient of The Association of Former Students’ Award for Research, and is a Fellow of the Academy of Management and of the Strategic Management Society.

“We are grateful to Dr. Ireland for his willingness to serve Mays Business School as interim dean,” said Mark H. Weichold, interim provost and executive vice president, in this recent announcement. “He is well-positioned to help transition Mays Business School to its next chapter of success.”

Ireland considers it “an honor” to help build on the achievements of several former Mays Business School deans including Eli Jones who, after six years of service as dean, returned to the faculty in the Department of Marketing as a full professor and as a holder of an endowed chair. Under Jones’ leadership, the school worked together to create and implement a strategic plan that is elevating the school across multiple dimensions. As part of this plan, Mays Business School’s vision became “Advancing the World’s Prosperity,” which means providing a better future for generations who follow, including quality of life, the environment, and economic systems.

An avid runner in his free time (with over 65,000 miles logged so far), Ireland knows that adapting to new situations is an important skill for going the distance. “This is a very exciting time at Mays Business School,” Ireland said. “One of the reasons for a high level of excitement is that we are launching the design and construction phase of the Business Education Complex (BEC), a proposed 75,000 square-foot expansion with expected occupancy in the Summer of 2024 or the Spring of 2025.”

With an eye to the future, Ireland identifies ‘synergy’ as the word that captures what he aims to accomplish in his new role. “In this sense, we seek to achieve a greater combined impact through our collaborations compared to the sum of what we would derive from individual actions,” said Ireland. “These efforts include fostering collaborative partnerships among faculty, staff, students, our alumni network of over 64,000 former students, and the broader university to create communities in which all members feel a sense of belonging and support.”

A native of Lima, Ohio, Ireland is the first in his family to earn a college degree and wholeheartedly supports first-generation students at Texas A&M, which make up close to 25 percent of the undergraduate population. He earned his Ph.D. and MBA from Texas Tech University, where he is a Distinguished Alumnus of the Rawls College of Business.

Ireland and his wife Mary Ann have two adult children. “Texas A&M University means a lot to us,” Ireland said. “We feel very blessed to be here. It’s a university with a great vision and mission, and Mays Business School is such a positive community of which to be a part.”

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