General Data Protection Regulation (GDPR) will require more consumer control and creative digital marketing. To clear up some of the confusion, Venky Shankar, Professor & Coleman Chair in Marketing and Director of Research at the Center for Retailing Studies, answers some questions about it.

What is GDPR?

GDPR stands for General Data Protection Regulation and is a sweeping set of new rules developed by the EU to protect consumers in Europe.

Why is it important?

GDPR comes at the right time as we all are still recovering from the Facebook-Cambridge Analytica breach of consumer trust. The new set of rules will go into effect starting May 25. Non-compliant companies can face fines up to 4 percent of company revenues or Euro 20 million, whichever is greater. Although the jurisdiction is limited to EU, it will represent a test case for other countries to develop their own data protection regulations.

Unfortunately, only about one-third of marketers have heard about it and about one-fifth of the companies haven’t made any meaningful changes to their data collection and use to the point of non-compliance.

How will it affect consumers? …Read more

Categories: Center for Retailing Studies, Faculty, Featured Stories, Marketing, Mays Business, News, Research, Texas A&M

The spring faculty and staff meeting was a time of celebration. Among the announcements were news that the Association to Advance Collegiate Schools of Business (AACSB) had reaccredited Mays Business School and the Department of Accounting. The process required extensive documentation and a site visit from a peer review team.

Dean Eli Jones also announced plans to celebrate the 50th anniversary of Mays Business School. More details about this special weekend are at wereamaysing.com. A celebratory toast with nonalcoholic juice and cakes was held in the lobby of the Wehner Building.

Also announced were the following promotions:

  • David Griffith, professor and head of the Department of Marketing, professor and head, with tenure on arrival. Manjit Yadav was thanked for his service as interim head of the Department of Marketing.
  • Jeremiah Green (Accounting), to associate professor with tenure on arrival.
  • Neil Giesmar (INFO) and Dechun Wang (Accounting), to professor.
  • Michael Howard and Michael Withers (both of Management), to associate professor with tenure.
  • Aaron Becker (INFO), Michelle Diaz (Accounting), and Sudarsan Rangan (INFO), to clinical associate professor.
  • Tara Blasor (Accounting) to senior lecturer.

Reappointments were:

  • Anwer Ahmed (Accounting), Ashley ’88 and David Coolidge ’87 Chair in Business,
  • Wendy Boswell (Management), Jerry and Kay Cox Chair in Business,
  • Jim Benjamin (Accounting), Deloitte Leadership Professorship

Chairs and professorship appointments announced were:

  • Dechun Wang (Accounting), Ljungdahl PwC Chair in Accounting,
  • Rich Metters (INFO), Paul M. and Rosalie Robertson Chair in Business,
  • David A Griffith (Marketing), Hallie Vanderhider Chair in Business,
  • Jeremiah Green (Accounting), Ernst & Young Professorship in Accounting,
  • Mary Lea McAnally (Accounting), PwC Professorship in Accounting,
  • Stephen Courtright (Management), John E. Pearson Professorship in Business Administration,
  • Cindy Devers (Management), Lawrence E. Fouraker Professorship in Business Administration.

…Read more

Categories: Faculty, Mays Business, News, Texas A&M

The Texas A&M Foundation recognized Cydney Donnell, executive professor of finance and director of real estate programs in Mays Business School, as the 2018 Partner in Philanthropy Faculty Award recipient for her continued efforts to support and fundraise for the Texas A&M University Master of Real Estate program. Donnell received the award at a reception on April 27.

Cydney Donnell

Cydney Donnell ’81, executive professor of finance and director of real estate programs, was named the 2018 recipient of the Texas A&M Foundation’s Partner in Philanthropy Faculty Award for her commitment and generosity to Mays Business School.

The Foundation established the Partner in Philanthropy Faculty Award in 2016 to celebrate faculty members who demonstrate dedicated and lasting participation, commitment and creative leadership to philanthropy and Texas A&M University. This accolade acknowledges faculty efforts to build long-term productive relationships between the university, former students and other private partners in philanthropy.

To be selected, faculty must be nominated by a member of the Texas A&M Foundation development staff. Brian Bishop ’91, Texas A&M Foundation assistant vice president for development for Mays Business School, nominated Donnell for the award.

“Cydney is such a treasured asset to Mays Business School,” said Bishop. “Not only is she a tremendous leader of our Master of Real Estate program, but she is also willing to step up and contribute significant financial support to the program for the betterment of our students’ education and the future of the program.”

…Read more

Categories: Alumni, Donors Corner, Faculty, Featured Stories, Finance, Mays Business, News, Spotlights, Texas A&M

Janet Parish Headshot

Janet Parish has been honored with a University Professorship for Undergraduate Teaching Excellence (UPUTE) and was recognized as part of the Transformational Teaching and Learning Conference on April 18. She is a clinical professor and associate department head in the Department of Marketing in Mays. In addition, she is the director of the department’s Professional Selling Initiative.

The award is conferred only upon the university’s most distinguished teachers of undergraduates. The faculty members selected to receive past awards have exhibited uncommon excellence and devotion to the education of undergraduate students of Texas A&M University, according to university officials.

“I am very honored by this recognition,” said Parish. “The administrative and service roles in which I serve have given me a great platform to influence undergraduate education outside of my own classrooms.” 

These professors are not only exceptional classroom teachers, but are also innovators in pedagogy, exploring new teaching methods and seeking engagement with other educators in pursuit of excellence.

“Texas A&M University strives to meet our unique mission for Texas by supporting and recognizing our faculty’s outstanding efforts in teaching, research, and service,” said Carol A. Fierke, provost and executive vice president of Texas A&M. “These University Professorships acknowledge the particular expertise these faculty hold in working with our undergraduate students, as they become the future productive citizens of Texas and beyond.”

Yadav Manjit, interim department head of the Department of Marketing, said he is pleased Parish was selected for the award. “Over the years, Dr. Parish has shown considerable leadership in developing initiatives that have significantly impacted undergraduate education in Mays Business School,” he said.

The professorships are made possible through endowments by George and Irma Eppright, and Arthur J. and Wilhelmina Doré Thaman.

About Parish:

Janet Parish is a Clinical Professor and Associate Department Head in the Department of Marketing in Mays Business School at Texas A&M University. In addition, she is the director of the department’s Professional Selling Initiative, which is aimed at creating new opportunities for students in sales-related careers. Parish is a Mays Teaching Fellow and a recipient of the Association of Former Students College-Level Distinguished Achievement Award for Teaching and the Mays Business School Faculty Service Excellence Award.

Categories: Alumni, Departments, Faculty, Featured Stories, Marketing, Mays Business, News, Staff, Texas A&M, Uncategorized

Marketing Professor Venkatesh Shankar was an invited guest of the U.S. State Department in  Cairo, Egypt last week, where he delivered multiple presentations on marketing. He said online promotion can make a quantum leap in the trade between Egypt and the United States.

At the International Conference on Business Sciences on April 15-16, Shankar delivered presentations on “Innovations in Emerging Economies” and “Digital Marketing: Trends and the Future.” He spoke at the American Chamber of Commerce, Cairo University, Nile University, Ain Shams University, American University in Cairo, and American Embassy.

During a meeting with a number of journalists at the American Embassy in Cairo, he said electronic marketing helps to provide information about the products available in Egypt, and is a competitive advantage in the U.S. market. “Electronic marketing can make a difference in the movement of trade in the sectors of cars and technology among countries in the next five years,” he said.

Shankar said the advantages of electronic marketing will not stop at exports and imports between Egypt and the U.S., but could also introduce American consumers to some Egyptian products and services, enabling Egyptian entrepreneurs to market their products electronically and exchange experiences with their counterparts in the U.S.

“The challenge here is that some communication technologies are not as powerful in rural areas,” Shankar said. “They will have to focus on covering those regions.”

Shankar called on all companies to increase their investments in the development of the technology sectors infrastructure, which helps to expand the establishment of electronic stores and facilitates the transport of electronic goods. “Large companies rely on electronic marketing because they consider it a powerful tool to promote their products,” he said.

About Shankar:

Venkatesh (Venky) Shankar is the Coleman Chair Professor of Marketing and Director of Research at the Center for Retailing Studies, Mays Business School. His areas of specialization include digital business, marketing strategy, innovation, retailing, international marketing, and pricing. He has been recognized as one among the World’s Most Influential Scientific Minds by Thomson Reuters and as a Top 10 scholar worldwide on innovation.

 

Categories: Center for Retailing Studies, Centers, Faculty, Featured Stories, Marketing, Mays Business, News, Research, Texas A&M

Venky Shankar at Research Camp

Mays Business School hosted the 2018 Mays Marketing Research Camp on April 6, hosted by the Center of Retailing Studies Research Director and Coleman Professor of Marketing Venkatesh “Venky” Shankar. The event presents faculty and Ph.D. students the opportunity to share, hear, and collaborate with some of the top scholars in marketing on the latest empirical, analytical, and behavioral research. …Read more

Categories: Faculty, Featured Stories, Marketing, Mays Business, News, Ph.D., Staff, Students, Texas A&M

FEDFIS, a financial institution data provider for financial institutions and investment banking firms, has renewed the agreement allowing access to their financial database of all United States banking institutions to Mays Business School finance department and Commercial Banking Program (CBP). Dave Mayo, CEO of FEDFIS, commented that understanding how to use data to make decisions on operations and technology choices is critical to today’s banker.

Only a select few partnerships exist with FEDFIS. Dwight Garey, executive director of the CBP at Mays, said, “Members of our board like FEDFIS are deeply engaged in the governance of our program and are actively involved in all aspects of the CBP, including classroom instruction with our students. This is a tremendous and very valuable benefit to our program.”

For CBP students, FEDFIS’ data has been incomparable in their coursework, in researching banking companies for bank case projects, as well as in preparation for their interviews for summer internships and permanent employment with banks. Without this database, finance and CBP students would not have convenient access to the depth of banking information provided by FEDFIS, which has been crucial to their success in the classroom and beyond. …Read more

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

Texas A&M University and The Association of Former Students has named one member of Mays faculty and staff among the 24 recipients of the 2018 Distinguished Achievement Awards: Xenophon Koufteros, Department of Information and Operations Management.

The 2018 Distinguished Achievement Awards will be formally presented at 10 a.m. on Friday, April 27, during ceremonies in Rudder Theatre on the Texas A&M campus. In recognition of their achievements, each recipient will receive a cash gift, an engraved watch, and a commemorative plaque.

Koufteros is a Professor of Supply Chain Management at Mays Business School, where he also holds the Jenna & Calvin R. Guest Professorship in Business. He also serves as the director of the supply chain consortium at Mays. Koufteros has published more than 40 articles in refereed journals including Journal of Operations Management, Production and Operations Management, Decision Sciences, Journal of Supply Chain Management, and Structural Equations Modeling.

The 2018 recipients, along with their departments/affiliations are as follows:

For Teaching:

Norma Arizpe, Department of Hispanic Studies, College of Liberal Arts

Glenda Byrns ’07, Department of Educational Psychology, College of Education and Human Development

Don T. Conlee ’94, Department of Atmospheric Sciences, College of Geosciences

Joanne Hardy, Department of Large Animal Clinical Sciences, College of Veterinary Medicine and Biomedical Sciences

Mark T. Holtzapple, Artie McFerrin Department of Chemical Engineering, College of Engineering

Xenophon Koufteros, Department of Information and Operations Management, Mays Business School

Krishna R. Narayanan, Department of Electrical and Computer Engineering, College of Engineering

Michelle D. Pine ’02, Department of Veterinary Integrative Biosciences, College of Veterinary Medicine and Biomedical Sciences

Cynthia A. Riccio, Department of Educational Psychology, College of Education and Human Development

Gary Wingenbach, Department of Agricultural Leadership, Education, and Communications, College of Agriculture and Life Sciences

For Research:

Nancy Amato, Department of Computer Science and Engineering, College of Engineering

Perla B. Balbuena, Artie McFerrin Department of Chemical Engineering, College of Engineering

Andrew Dessler, Department of Atmospheric Sciences, College of Geosciences

Catherine Eckel, Department of Economics, College of Liberal Arts

Mladen Kezunovic, Department of Electrical and Computer Engineering, College of Engineering

Daniel A. Singleton, Department of Chemistry, College of Science

For Individual Student Relations:

Angela Hairrell ’91, Office of Student Affairs, College of Medicine

Daniel A. McAdams, Department of Mechanical Engineering, College of Engineering

For Administration:

Nagamangala “N.K.” Anand, Executive Associate Dean, College of Engineering

For Extension, Outreach, Continuing Education and Professional Development:

Ellen R. Jordan, Department of Animal Science, College of Agriculture and Life Sciences

For Staff:

Samuell R. Hawes ’81, Office of the Commandant, Division of Student Affairs

David Wentling ’13, Office of Student Services, College of Architecture

For Graduate Mentoring:

Noah D. Cohen, Department of Large Animal Clinical Sciences, College of Veterinary Medicine and Biomedical Sciences

  1. Timothy Lightfoot, Department of Health and Kinesiology, College of Education and Human Development

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

Mays Distinguished Professor Emeritus Michael Hitt will receive an honorary doctoral degree from Jonkoping University in Sweden in May. He will also deliver a research presentation to the broader university community the day before the award ceremony.

This is a very prestigious honor – particularly given that Jonkoping has a strong worldwide reputation for excellence in entrepreneurship research.

Hitt was told he was selected for the award because of his “academic quality and his contributions to the success of Jonkoping University” as well as “research contributions to entrepreneurship and family business research.” Following is information about his relationship with Jonkoping University:

  • Visited the university, as a visiting scholar, for a period of time to work with Ph.D. students and faculty on their research projects
  • Served as an outside advisor and reader for a Ph.D. student’s dissertation
  • Served as an advisory editor and helped Jonkoping faculty develop a special issue of a journal called Organization Studies. Family business topics were the focus of the special issue. Family business is a core research topic for Jonkoping faculty.
  • Served as an advisory editor and wrote a forward for an edited book on family business research that includes chapters written by Jonkoping faculty.

“I am highly honored to be offered an honorary doctorate by Jonkoping University,” he said. Honorary doctorates are rare, and are almost always awarded to people who have made distinguished contributions in their field of endeavor. Hitt said it is also not unusual to award to people whom they consider to be or wish to be “friends” of the university.

Hitt is a big supporter for the academic quality of Jonkoping’s work. His connection to the university is through the Jonkoping International Business School. According to Hitt, the university’s world-renowned program in family business complements the entrepreneurship program at Texas A&M.

“Through our previous cooperation and exchanges, faculty there have conducted joint research with faculty here, and in addition, we have jointly co-authored articles which also include several of our Ph.D. students,” Hitt said. He believes that this type of cooperation could continue and perhaps be enhanced if desired. “I am certain that we can learn from their programs and successes in entrepreneurship and family business, and they can learn from our outstanding and encompassing entrepreneurship programs, as well.”

Executive Associate Dean Duane Ireland, a long-time colleague of Hitt’s, said Hitt has positively touched thousands of students’ lives while teaching at all levels – undergraduates, master’s, doctorate, and executive. “Mike has truly ‘done so much for so many,’” Ireland said.

While at Mays, Hitt served as a University Distinguished Professor in the Department of Management. He received his Ph.D. from the University of Colorado and has co-authored or co-edited 26 books and many journal articles. The Times Higher Education in 2010 listed him among the top scholars in economics, finance and management based on the number of highly cited articles he has authored. Hitt received awards for the best article published in the Academy of Management Executive (1999), Academy of Management Journal (2000), the Journal of Management (2006), and the Family Business Review (2012).

Categories: Business Honors, Faculty, Featured Stories, Management, Mays Business, News, Ph.D., Research, Spotlights, Staff, Students, Texas A&M

Annie McGowan has been named the next Associate Dean for Undergraduate Programs, effective June 1.  She has been a Mays faculty member for 24 years, and has led the Professional Program in Accounting and served as Assistant Dean for Diversity and Inclusion.

Accounting Professor Martha Loudder has served as Associate Dean for Undergraduate Programs for 13 years. She will continue teaching at Mays, as she has done for 29 years.

Categories: Accounting, Diversity and Inclusion, Faculty, Mays Business, News, Texas A&M