In the News
Diversity in the workplace is no longer something that would be nice to have. It is a competitive imperative. In this opinion editorial citing the findings of the 2010 UC Davis study of women business leaders, Kim Box of the Sacramento Bee compares diversity to a secret weapon to be exploited in order to build the most successful organizations.
Coverage of Feb. 24 GSM Dean’s Distinguished Speakers event featuring Sacramento Mayor Kevin Johnson and Michelle Rhee, founder and CEO of StudentsFirst CEO, a nonprofit educational advocacy organization now officially headquartered in Sacramento.
Professor Kim Elsbach’s research is cited in a discussion of the negative perception of crying in the workplace. Elsbach said women who cried felt awful about doing so and, instead of using crying to manipulate, would have done anything to stop the flow of tears. Some women even felt the tears were damaging to their career prospects. Bosses, meanwhile, often feel uncomfortable and unsure what to do when faced with a weepy employee.
The UC Davis Graduate School of Management’s update of its internationally ranked MBA program curriculum further integrates globalization, responsible business ethics and sustainability to better reflect the current needs of the business world.
The University of California, Davis, Graduate School of Management has again been ranked in the top 10 percent of accredited business schools in the world and is No. 1 for the percentage of female faculty, according to new rankings compiled by the Financial Times of London. The Times’ global MBA ratings placed the UC Davis MBA program 43rd among MBA programs in the United States and 83rd globally. The UCD school also ranked in the top 10 percent of schools worldwide in last year’s ratings by the Financial Times.
“Entrepreneurs build networks that didn’t exist before,” says Prof. Andrew Hargadon, director of the UC Davis Center for Entrepreneurship, in an interview with the editor of North Carolina State University’s Center for Innovation Management Studies Technology Management Report (p. 6-9). Hargadon has been researching the innovation process since 1996 when CIMS helped to fund his dissertation on technology brokering.
Professor Andrew Hargadon’s views on innovation of new energy technologies are quoted in New York Times’ Andrew Revkin’s Dot Earth blog post about President Obama’s State-of-the-Union call for a new “Sputnik moment” to drive the country’s energy innovation imperative.
Professor Hemant Bhargava says the practice he and others researched adopted an EMR system that made tasks associated with treating sick patients — such as reviewing radiological images, notes from previous visits and charts of test data — more efficient. But tasks associated with well visits, such as data entry, were made more cumbersome and time-consuming for physicians who were used to quickly jotting down notes with a pen and paper.
About 30 growers and ranchers from the Yolo County region have banded together to sell their wares as the Capay Valley Farm Shop, launched by GSM alumnus Thomas Nelson. “If people have a relationship with the farmers who grow their food, it becomes a quality of life issue,” says Nelson.
In the study titled Boys Will Be Boys: Gender, Overconfidence and Common Stock Investment professors Brad Barber of the GSM documented that men traded 45 percent more than women and ended up having their net returns reduced by almost a full percentage point compared to women. In this Forbes article, Liz Davidson outlines a few tips that men can learn from women to become better investors.
Marketing Professor Ashwin Aravindakshan says Starbucks’ new logo may help the coffee giant expand into new, emerging markets, and that existing customers who may not like the new look won’t change the habits if they like the java.
Prof. Andrew Hargadon’s blog rated among the “50 Best International Business Blogs You Aren’t Reading Yet”. In his blog he writes about entrepreneurship, technology innovation, management, and sustainability
Emilee Schumer at Wines and Vines provides a first-hand account of her experience at our Wine Executive Program. In this article she discusses the topics covered in the program, the value available to up and coming wine execs, and her impressions of the experience as a whole.
John Bissell, an alum of our UC Davis Green Tech Entrepreneurship Academy, can turn raw sewage into water bottles, raincoats, diapers and other everyday products. But can he turn it into a $10 million industrial plant? Bissell owns MicroMidas Inc., a Sacramento, Calif., start-up that makes plastic out of waste using a technology it developed two years ago. He’s now looking to move into a large manufacturing facility from a pilot plant, but says lenders are reluctant to provide the $10 million in capital he needs to make that transition.r
Robert Smiley, director of wine industry studies at UC Davis’ Graduate School of Management, comments on the challenges facing the owners of a new vineyard on Catalina Island.
UC Davis GSM Alum Tim Freeman appeared on CNBC’s Squawk Box to discuss the early morning markets and whether the consumer is back.
Professor Brad Barber’s research study, “Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment” appeared in MIT’s Quarterly Journal of Economics. Looking at patterns across 35,000 households, Barber and co-author Terrance Odean determined that male investors traded stocks about 50 percent more often than women investors, with their market timing efforts resulting in poorer returns and more frequent fees and charges.
CBS Moneywatch cites Professor Brad Barber’s series of groundbreaking studies on investor behavior and its impact on investment returns.
At UC Davis, the Graduate School of Management has been doing research that continues to produce results that are startling for the state and even worse for Silicon Valley. For the past six years, the university’s annual Women Business Leaders study has found that in a state that prides itself on equality and diversity, it’s still overwhelmingly a man’s world at the top of corporate California.
The survey shows women holding 9.5% of board seats and highest-paid executive positions, which is in line with previous years. Sixteen (4%) of the 400 companies had a woman as chief executive, up from 15 in 2009 and 11 in 2006.”What this suggests is that once you make it into top management, the chances of getting appointed to the board are roughly the same whether you’re a man or a woman,” Professor Donald Palmer said. “If discrimination is taking place, and I think it is, it’s likely taking place at the many lower levels in an organization.”