Mays Innovation Research Center | Mays Impacts

By Carleigh Lenz ’19

Scott Moscrip ’93 began his first successful company, Truckstop.com, in 1995 when internet entrepreneurship was on the absolute cutting edge. Truckstop.com provides a matching service for trucks and freight – “the eHarmony of shipping,” as Moscrip calls it. Some of Moscrip’s entrepreneurial roadblocks were clearly unique to the time (his early customers did not know how to access the Internet), but his experiences provided him with timeless lessons on entrepreneurship. Moscrip shared some of the lessons he learned from his successes and failures with students in the Mays Business School on March 1 as part of the Mays Innovation Research Center’s Professional Speaker Series.

The trucking industry is complicated in that each party is hostile toward the other. Truckstop.com provided companies and truck drivers with a neutral intermediary position to keep everyone happy. Mr. Moscrip found that the best way to please all parties involved is to be transparent. Much of the tension between the parties stems from distrust, but the transparency provided by Truckstop.com eased the nerves of Mr. Moscrip’s customers. He has worked hard to pay close attention to his customers’ requests and often hosts customer retreats to hear what people need from his service. He then uses his customers’ feedback to modify Truckstop’s service.

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Categories: Entrepreneurship, Mays Business, Mays Innovation Research Center, Texas A&M, Uncategorized

By Kiera Merritt ’19

The United States Department of Labor predicts, “Today’s learners will have eight to10 jobs by the age of 38.” A majority of these future jobs do not even exist yet. For instance, people interested in both robotics and law could become robotics ethicists to mitigate issues such as ownership of and culpability for decisions made by machines. Because of modern technological innovation, once unimaginable opportunities are becoming new careers.

On Jan. 25, Christopher Bishop – a nonlinear, multimodal careerist – provided students at Texas A&M University with insight into succeeding in these fields of the future. Throughout his life, Bishop continuously redeveloped his skills and created new jobs for himself.

He toured internationally as a musician with artists such as Robert Palmer and Chuck Berry; wrote advertising jingles, including the original “Gimme a Break” Kit Kat jingle; turned a conversation on a commuter train into a 12-year career at IBM; and now delivers presentations on the future of work around the world.

Each time Bishop switched careers, he focused on three fundamental tools for success:

  • Voice. Identify your own brand. Invest in what makes you stand out. Frame your persona on your own uniqueness.
  • Antenna. Connect your interests to events in the world. Seek sources based on your values and interests that help you stay informed. These sources include magazines, newspapers, blogs, YouTube videos, podcasts, or other forms of media.
  • Mesh. Share yourself with those who value your skills. LinkedIn is a valuable tool. Expand your network by adding at least five people each week. Reach out to others who share your interests and goals, and join groups to expand your connections. This puts you on the radar of people you would otherwise miss.

While creating new jobs can be a daunting process, the trepidation behind progress is nothing new. In fact, in 1589, Queen Elizabeth I refused to issue a patent for a mechanized knitting machine, “for fear it [would] put [her] poor subjects out of work.” However, the new workforce should look to the future without hesitation because, as Bishop stated, “As long as there are problems, there will be jobs.”

The Mays Innovation Research Center hosted this event.

Categories: Centers, Entrepreneurship, Featured Stories, Jobs, Mays Business, Mays Innovation Research Center, News, Research, Spotlights, Students, Texas A&M

Categories: Alumni, Dean Eli Jones, Entrepreneurship, Faculty, Mays Business, Mays Innovation Research Center, McFerrin Center for Entrepreneurship, Selfless service, Texas A&M, Uncategorized

Mays Business School takes great pride in its commitment to being on the leading edge of business, education, and research. The latest evidence is the hiring of corporate management and marketing executive Bill Peel ’74 as the school’s executive director of innovation and strategic planning, a role that is unique in higher education.

Peel’s diverse professional background and knowledge of design thinking will be a tremendous asset to Mays. “Bill comes to us with an extensive business background and is someone who is very creative and has a high level of integrity,” said Mays Dean Eli Jones. “Plus, Bill’s an Aggie so he understands and embraces Texas A&M’s unique culture and inherent values.”

In his new position, Peel – who holds degrees in environmental design and architecture from Texas A&M – will facilitate the implementation of the school’s strategic plan. He also will oversee Mays’ marketing, communications, public relations, corporate relations and alumni relations. …Read more

Categories: Dean Eli Jones, Entrepreneurship, Featured Stories, Mays Business, Mays Innovation Research Center, McFerrin Center for Entrepreneurship, News, Staff, Texas A&M

The new Mays Innovation Research Center has an inaugural director: Mays Business School professor Korok Ray, who conceptualized the center as a place to discover how and when innovation occurs, then transfer that knowledge to Texas A&M University students.

Ray, an associate professor of accounting, will lead the center to provide research support to existing and new faculty members across the Texas A&M campus. It will bridge the research at Mays with that occurring in engineering, business, liberal arts, and other academic disciplines. The center will also fund Ph.D. fellowships and undergraduate research opportunities, and award prizes for outstanding research that advances the center’s mission.

Ray’s research interests are performance measurement, compensation, corporate governance, and cost allocation. He has taught accounting at Texas A&M University, the University of Chicago and Georgetown University, and earned his Ph.D. from Stanford University. He also served as the senior economist on the Council of Economic Advisers in the White House from 2007 to 2009.

Ray said he has experienced strong support for the concept. “Dean (Eli) Jones, The Texas A&M Foundation, and our donors have been outstanding in their support of this vision from the beginning,” he said. “I’m thrilled and honored to lead this center into new and uncharted territory, as the conversation on innovation unfolds both on our campus and nationally.  The center will engage students in research, support faculty, and pursue opportunities unique to Texas A&M, with its special combination of first-tier research and first-class values.”

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Categories: Accounting, Centers, Dean Eli Jones, Entrepreneurship, Faculty, Featured Stories, Mays Business, Mays Innovation Research Center, News, Research, Texas A&M