University at Buffalo School of Management

Buffalo Business - Fall 2024

The magazine for alumni and friends of the UB School of Management

Issue link: http://ubschoolofmanagement.uberflip.com/i/1525581

Contents of this Issue

Navigation

Page 7 of 31

6 Buffalo Business | BUSINESS ANALYTICS SOCIAL IMPACT OF MANAGEMENT BUSINESS OF CLIMATE CHANGE INNOVATION, ENTREPRENEURSHIP AND LEADERSHIP NPR's Morning Edition inter- viewed Dominic Sellitto, clinical assistant professor of manage- ment science and systems, for a story about how YouTube is asking users to self-report when they post AI-generated videos. Sellitto said he cannot help but compare this approach to the rigor with which YouTube has contained copyright infringe- ment. Songs and videos that get posted without permission are quickly identified with software and taken down. "People can use AI to make fabulous things, but companies will need to rely on more than the honor system to keep its dangers in check," he said. The Boston Globe interviewed James Lemoine, associate professor of organization and human resources, for a story about the firing of Bill Belichick, longtime coach of the New England Patriots. According to Lemoine, grit is an essen- tial leadership trait. But when the mojo fades, it's tough for the boss to make a graceful exit. "The very same tenacity, stubbornness and refusal to quit that serve NFL coaches so well make it impossible for them to know when it's time to leave," he said. The story also appeared on MSN. Influential media regularly feature the accomplishments of the School of Management and the expertise of its faculty. Below is a summary of some of the school's citations in prominent national and regional media. These placements enhance the school's national reputation and help brand it as one of the nation's top business schools. NewsBites Michael Krupski, clinical as- sistant professor of operations management and strategy, was quoted by CNBC in a story discussing how consumers are opting for store-brands over name brands, and it is not just due to cost. Krupski notes that brands like Costco's Kirkland Signature are "cool" to consumers. "They are providing what feels like an experience beyond what private labels have been able to provide in the past," he said. Yahoo! and Engadget quoted Kevin Cleary, clinical assistant professor of management science and systems, in a story on how the federal government is susceptible to being hacked. "If we want to live in the infor- mation age, and we're using some of these systems, we are inherently giving up control," he said. "You have to trust that the agency has put forward all the best controls and practices." The Wall Street Journal quoted Michael Dambra, Kenneth W. Colwell Chair and associate professor of accounting and law, in a story about how under securities law, financial report- ing information is material if it is relevant to making an invest- ment decision, or if it would affect existing public infor- mation about a company. "It's incredibly gray, and it's really hard to put a finger on," he said, referring to materiality. Natalie Simpson, professor of operations strategy and man- agement, appeared on Good Morning America to discuss the task of clearing the shipping lanes to the Port of Baltimore after a cargo ship hit the Francis Scott Key Bridge. When asked about containers with hazardous materials on board, Simpson said that was just one piece of a complex puzzle. "One of the biggest dangers isn't so much the hazardous materials themselves, but just the stability of that ship and the safety of anybody that's working around it," she said. The Wall Street Journal quoted Charles Lindsey, associate pro- fessor of marketing, in a story about people spending thou- sands of dollars to have Stanley tumblers and Lululemon hood- ies in different colors. "Each version or color, we get another little boost of dopamine," he said. Novelty, especially for rare or hard-to-get items, also helps. "There's a scarcity component," he said. "That's a really big driver when it comes to human behavior." Lindsey also was quoted by CNN about the Stan- ley tumbler craze. The New York Times quoted Jennifer Wu, clinical assistant professor of finance, for a story about a coalition of four Catho- lic nun congregations who filed a lawsuit against the gun maker Smith & Wesson, saying the com- pany has put shareholders at risk in the way it makes, markets and sells its AR-15-style rifle. Wu said the coalition's 1,000 shares was a "very, very small" amount of the 46 million outstanding shares of Smith & Wesson. "To actually make this shareholder activism work, this nun group needs to get support from other invest- ment groups," she said. Bloomberg reports there is a shortage of public accountants and companies are beginning to pay the price. Joshua Khavis, assistant professor of account- ing and law, notes the situation means accountants' hours and workloads can be grueling, upping the odds of mistakes and burnout. "If the people preparing the financials are overworked, or there's not enough of them, you will have errors," he said. Buffalo Business First reports UB will be playing a crucial role in the region's efforts to establish a semiconductor superhigh- way. UB will lead the proposed Supply Chain Activation Network project, helping local man- ufacturers transition into the semiconductor industry. "UB's role is to bring data analytics and supply chain expertise to the table," said Ananth Iyer, dean and professor of operations management and strategy. "Supply chains mean that it's not a company that produces a product; it's a collection of com- panies that produce a product. How do we find a good group of companies, so that the odds they can work together to make this product are high."

Articles in this issue

view archives of University at Buffalo School of Management - Buffalo Business - Fall 2024