Balancing Life with Technology: "Always On, Always Working?"Krannert's Ellen Ernst Kossek, the Purdue University Basil S. Turner Professor of Management and research director of the Susan Bulkeley Butler Center for Leadership Excellence, comments on the challenges of balancing life with technology in a special feature from The Economist, "Always on, Always Working?"
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- Purdue data visualization tool allows high school students to see path to career
The Purdue Center for Economic Education is seeking partner schools to pilot a new data visualization tool that shows high school students a path to a career based on their interests and abilities. The tool uses data from Purdue University college graduates to link college majors to careers, showing the pathway students took on their way to their profession, as well as several characteristics of students in each major and occupation such as average SAT scores, college GPAs, and salaries of graduates.
- Alumni IMPACT: Redesigned course links students with professionals
When Professional Career Management was most recently redesigned in 2017 to continue refining it from an upper-division course into one for freshmen and sophomores, one key goal was to restructure it under the IMPACT (Instruction Matters: Purdue Academic Course Transformation) model by incorporating more active and collaborative learning as well as other student-centered teaching and learning practices and technologies that foster student engagement and competence. For Krannert staffers and instructors, that meant involving alumni and professionals at multiple stages of the course.
- Startup co-founded by Krannert lecturer develops reminder and monitoring system for prescription medications
Concordance Health Solutions, a Purdue-affiliated startup co-founded by Krannert alumna and marketing lecturer Laura Downey, is developing a low-cost, high-tech solution to address the nationwide health crisis of Americans failing to take their medicine as prescribed.
- Krannert hosts inaugural Data Science for Business and Economics Conference
Hosted in May by Krannert's Business Information and Analytics Center (BIAC), Purdue's inaugural conference on Data Science for Business and Economics featured speakers from a variety of academic disciplines whose research explores the use of data science to solve real-world problems.
- Looking Back, Moving Forward: A conversation with BOP alumnus Ted Jackson
As Purdue marks the 50th anniversary of the Dr. Cornell A. Bell Business Opportunity Program (BOP) leading up to September’s Homecoming celebration and reunion, BOP alumni are sharing their memories of the landmark diversity initiative and their vision for its future. In this Q&A, we catch up with Ted Jackson, Vice President of Operations for the Duro Division of Novolex, a $2.5 billion international packaging company and private equity portfolio company of the Carlyle Group.
- The Pokémon Paradox: Krannert researchers examine costs and benefits of popular game
When the augmented reality (AR) game Pokémon Go made its debut in 2016, it quickly became the most popular mobile game in U.S. history with more than 20 million active users daily. It’s now at the top of the menu in an industry that generates more than $1 billion in annual revenues. According to a pair of working papers from Purdue University’s Krannert School of Management, tech companies aren’t the only businesses getting a taste of the profits. But how does that balance with the economic costs of playing the game while driving, which include an increased number of vehicular accidents, injuries and even death?
- Fourth Annual Purdue Accounting Theory Conference
The Accounting Faculty held the fourth annual Purdue Accounting Theory Conference on May 18 and 19, 2018. The program included distinguished guest speakers from across the country.
- Two-time Krannert grad again advances to Academic All-America ballot
For the third year in a row, two-time Purdue graduate and Big Ten breaststroke champion Marat Amaltdinov has been named Google Cloud Academic All-District. He graduated with his master’s degree in finance this month after earning his bachelor’s degree in just three years. He compiled an undergraduate grade-point average of 3.81 while majoring in economics with concentrations in finance analytical consulting. He finished his graduate coursework with a 3.67 GPA. His academic accomplishments were achieved even with English as a second language.
- If you want to run a hedge fund that beats the market, keep it small
Successful hedge fund managers should do something unusual if they want to stay that way: Say no to new investors, according to new research by Krannert professors Chengdong Yin and Xiaoyan Zhang that examines the size, age and life cycle of hedge funds,
- Purdue partners with state, assists international entrepreneurs in obtaining J-1 visas
The Purdue J-1 Exchange Visitor Program is assisting seven international Purdue entrepreneurs obtain their visas and build their startups. This program, a partnership between the Purdue Research Foundation and the Indiana Department of Workforce Development (DWD), supports international researchers and/or students based at the Purdue Foundry. Among them are several Krannert graduates, including VeoRide co-founder Candice Xie.
- Purdue work/life expert: Five ways recent grads can achieve personal, professional balance
College graduates might expect busy days and long nights as they start their own businesses or climb the corporate ladder. But a leading researcher on work and life balance at Purdue University said personal and professional habits formed at the entry level could follow workers throughout their careers. “After you graduate, you will be faced with lots of opportunities to work intently in order to advance on your career path,” says Ellen Ernst Kossek, the Basil S. Turner Professor of Management in the Krannert School of Management and research director at the Butler Center of Leadership Excellence.
- Purdue’s NSF I-Corps program featured on Inside INdiana Business with Gerry Dick
Purdue is launching an I-Corps program across the state in partnership with Elevate Ventures to help early stage startups commercialize their technologies. Learn from Krannert's Matthew Lynall how this National Science Foundation program aims to boost entrepreneurship and economic development.
- Convocation recognizes faculty for honors, awards, teaching excellence
Krannert faculty members were among those recognized May 8 at the Faculty Awards Convocation for a range of honors given since last year's event, including national and international awards; University and college awards; Fellow awards; and distinguished and named professorships achieved since April 2017.
- Registration deadline for data science conference is fast approaching
The registration deadline is May 15 for the Conference on Data Science for Business and Economics, hosted by the Krannert School of Management’s Business Information and Analytics Center (BIAC) and sponsored by Accenture. The conference will take place on May 25-26, with a welcome reception in the evening of May 24.
- Registration is open for a new Krannert business camp for young girls in high school
The Jane Brock-Wilson Women in Management Center will welcome approximately 30 high school students July 8 to Purdue University for the Emerging Leaders Retreat, a four-day residential camp designed to empower young girls and to introduce them to careers in business through hands-on learning activities. Faculty members from the Krannert School of Management will lead interactive workshops covering key business topics.
- Krannert degrees offer STEM classification, longer OPT for graduates
Purdue University’s Krannert School of Management will soon offer four STEM-classified degree options, giving graduates three years of Optional Practical Training (OPT). Two STEM-classified programs are currently offered: business analytics and information management, and global supply chain management. Curricular changes in the current master’s offerings in finance and marketing received final approval and will be offered for cohorts starting in fall 2018.
- Krannert seniors Claire Lee and Ashley Neubaum among top students to be recognized at 2018 commencement
WEST LAFAYETTE, Ind. — Purdue University will honor some of its highest academic-achieving graduating seniors May 11-13 during commencement ceremonies. Among them are two students earning degrees from the Krannert School of Management.
- Purdue's Krannert school offers pathway to master’s degree for students in MITx MicroMasters program
WEST LAFAYETTE, Ind. — Online learners enrolled in Massachusetts Institute of Technology’s MITx MicroMasters Program in Supply Chain Management can earn their master’s degree through a new pathway to Purdue University. Krannert School of Management will waive 10 credits toward a master’s degree in global supply chain management to those who complete the MicroMasters program, which is comprised of five online courses delivered on edX and a comprehensive exam.
- Krannert’s Marat Amaltdinov one of two Boilers recognized as part of 104th Big Ten Medal of Honor class
ROSEMONT, Ill. - The Big Ten continued its celebration for the 104th class of the Big Ten Medal of Honor as Purdue senior Marat Amaltdinov of the swimming and diving team and Ashley Evans of the volleyball program were awarded the prestigious Big Ten Medal of Honor to highlight the sixth-annual Golden Pete Awards show Monday at Holloway Gymnasium.
- AACSB extends its accreditation for Purdue’s Krannert School
The Association to Advance Collegiate Schools of Business (AACSB) has extended its accreditation in business for Purdue University’s Krannert School of Management. For over a century, AACSB Accreditation has been synonymous with the highest standards in business education, and has been earned by less than 5 percent of the world’s business schools.
- Krannert Executive MBA alumni ‘pay it forward’ with scholarship fund
Soon after the Krannert Center for Executive Education and Research opened its doors and began granting Purdue University’s first Executive MBA (EMBA) degrees, a tradition was born as each graduating cohort presented the school with a gift to commemorate their time in the program. From artwork to cultural artifacts to games, these gifts are now an iconic part of the center’s décor.
- Could warehouse robots replace workers? The answer is mixed.
During a recent visit to Plainfield, Indiana, Locus Robotics CEO Rick Faulk drove past maybe two dozen “help wanted” signs along a short stretch of Perry Road and saw sheer opportunity in robotic manufacturing. Ananth Iyer, senior associate dean at Purdue University's Krannert School of Management, says its an issue that needs further analysis.
- Professor and students discuss gender pay gap
According to Krannert Professor Ellen Ernst Kosseky, there are two ways to analyze the gender pay gap within an organization — an organizational-level analysis and a like-for-like analysis. An organizational level analysis compares salaries between men and women at all levels, while a like-for-like analysis compares salaries of men and women in similar positions. The like-for-like analysis typically yields a smaller pay gap than the organizational-level analysis. This is largely because fewer women tend to be in higher-earning positions than men.
- PowerShift Case Competition tackles gender pay equity in successful second year
On Thursday, April 12, a dozen teams of Purdue students met in the Krannert School of Management for the PowerShift Case Competition, hosted by the Jane Brock-Wilson Women in Management Center and sponsored by Accenture, Phillips 66 and ArcelorMittal. Now in its second year, this annual competition encourages productive conversations between men and women about real life gender issues in the workplace to help students develop competencies in leading gender-diverse teams.
- The Rutgers Ten Plus Case Challenge
Purdue Krannert`s team was placed second in the competition. The first place was bagged by University of Pittsburgh.
- Indiana students showcase classroom businesses at Purdue
Elementary and middle school students across Indiana showcased businesses they developed through a Purdue University program that promotes entrepreneurship in the classroom. The Classroom Business Enterprise showcase took place on April 12 in the Krannert Drawing Room and featured businesses started by students and teachers from schools in Lafayette, as well as statewide.
- Experimental research by Krannert economist explores investments in global pollution abatement
Countries across the globe now use emissions-trading systems as a policy to cost-effectively reduce pollution. But what incentives do these tradable-permit markets offer companies to invest in advanced pollution-abatement technology? Purdue University’s Tim Cason, the Gadomski Chair of Economics at the Krannert School of Management, is addressing that question through experimental economics.
- Krannert professor says companies can learn from the #DeleteFacebook movement
The scandal involving Facebook and Cambridge Analytica is the most recent in a troubling trend of information security mishaps in which data belonging to millions of users is hacked, leaked or leveraged irresponsibly. But the nationwide movement to delete Facebook is gaining more traction than previous public protests calling for privacy and transparency, says Karthik Kannan, an expert in big data who studies systems that exploit instincts and biases to nudge human behavior.
- Startup that launched bicycle sharing program at Purdue in 2017 is expanding to campuses around the country
A startup that launched a dockless bicycle sharing business at Purdue University and West Lafayette in October is expanding to other universities and cities. VeoRide Inc., which allows riders to use a smartphone to locate a nearby bike and unlock it, was co-founded by Krannert alumna Candice Xie.
- Indiana students set to showcase classroom businesses at Purdue
Elementary and middle school students across Indiana will showcase businesses they developed through a Purdue University program that promotes entrepreneurship in the classroom. The Classroom Business Enterprise showcase will take place from 10:30 a.m. to noon April 12 in the Krannert Building's Krannert Drawing Room. The event will feature businesses started by students and teachers from schools in Lafayette, as well as statewide.
- Krannert to offer mini-MBA program Applied Management Principles in May
Attendees at the Krannert School of Management's Applied Management Principles program May 14-19 can look forward to coursework designed to sharpen their skill set in the areas of strategy, marketing, finance, negotiations and problem solving, and more. This year’s program includes special Bookend sessions, with general career management and professional development insight, and a workshop on Executive Presence, or captivating your audience during presentations. Also new this year is a workshop on improvisation, where attendees will practice two major concepts of improv: accepting and listening.
- Krannert PhD program alumnus to be honored as Marketing Science Institute Scholar
S. Sriram, a 2004 graduate of the PhD program in marketing at Purdue University’s Krannert School of Management, will be recognized at the inaugural Marketing Science Institute (MSI) Scholar Conference in Breckenridge, Colorado, on July 30-August 2, 2018. Sriram, a tenured associate professor of marketing at the University of Michigan’s Ross School of Business, will join a select group of mid-career level academics for a multi-day retreat with the purpose of recognizing individuals’ excellence in scholarship, developing a cohort across marketing disciplines, and strengthening ties between scholars and MSI.
- Purdue's upcoming Breaking Bias conference previewed on WGN Radio interview about 'Matching Your Portfolio to Your Ideologies'
The social and cultural world has changed substantially in the last year, and the business world is adapting as well. WGN Radio discussed the impact of the #MeToo movement with Ellen Kossek, professor at the Purdue University Krannert School of Management, to preview the Breaking Bias Conference on March 21st and how the business world is responding. The corporate world is also feeling the impact of the social concerns of guns in society, and Jon Hale (Head of Sustainable Research at Morningstar) spoke about the growing trend of divesting from companies that don’t fit investor’s ideologies.
- Academics, executives to focus on ‘breaking bias’ in the business world at Purdue conference
Academics and executives will meet at Purdue University to highlight the disparity in the number of men and women filling leadership roles, and discuss solutions to “break bias” ingrained into business cultures and practices.The Krannert School of Management, Susan Bulkeley Butler Center for Leadership Excellence and the Jane Brock-Wilson Women in Management Center, along with Indiana University’s Kelley School of Business, are hosting a three-day conference March 21-23 at Purdue featuring prominent scholars and corporate speakers dedicated to achieving diversity and inclusion in the workplace, especially in the top ranks of businesses and government.
- Data Science for Business and Economics Conference accepting paper and poster proposals
The Krannert School of Management’s Business Information and Analytics Center (BIAC) will host the inaugural Data Science for Business and Economics Conference on May 25-26. Proposals for talks, papers and posters are being accepted until March 15. The conference will feature speakers from business, economics, computer science, statistics and other areas exploring the use of data science to solve real-world problems. The conference will include several paper sessions, a poster session and a panel discussion on emerging issues in data science.
- Krannert celebrates 50th anniversary of the Dr. Cornell A. Bell Business Opportunity Program
The Krannert School of Management honored the namesake of Purdue University’s Dr. Cornell A. Bell Business Opportunity Program (BOP) during Black History Month in February to kick off the groundbreaking diversity program's 50th anniversary. The tribute to Dr. Bell included several events and speakers as well as stories and photos on social media. The celebration will continue throughout 2018 with an ongoing series of profiles of BOP students and alumni leading up to a major event in the fall semester.
- Industry leaders discuss supply chain risk at global conference
Purdue University’s Krannert School of Management brought industry leaders to campus Feb. 23 for the spring 2018 Global Supply Chain Management Initiative (GSCMI) Conference in the Purdue Memorial Union on the West Lafayette campus. The theme of this year’s conference was “Supply Chain Risk — Business Continuity Planning.” Attendees included industry leaders, faculty, undergraduate and graduate students.
- Self-driving cars will change the way we shop – if we let them, says Krannert retail expert
In a future with autonomous vehicles, cars could suggest where to stop for coffee in the morning and pick up groceries after work, not only altering the way humans travel, but how they shop and how they’re targeted by retailers. Mohammad Rahman, an associate professor of management at Purdue University, says the next disruption in retail may not occur in stores or online, but in the cars people depend on to commute, run errands and travel.
- Purdue EBV alums among winners at the 2018 Veteran EDGE conference
A pair of alumni from the Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) program at Purdue University’s Krannert School of Management recently took home a share of $75,000 in prize money at the 2018 Veteran EDGE Conference held Feb. 16-18 in Austin, Texas, sponsored by the Institute for Veterans and Military Families (IVMF) at Syracuse University.
- Then & Now: Dr. Sonia Winslett, BOP Class of 1973
Krannert alumna Dr. Sonia Winslett (BSIM, MSM ’76) excelled academically during her time at Purdue, earning induction into the University’s Iron Key Honors Association, the highly selective Mortar Board Honor Society and Alpha Lambda Delta’s Honors Society while completing both her bachelor’s and master’s degrees in only three and a half years. Had it not been for Dr. Cornell A. Bell and the Business Opportunity Program (BOP), however, Winslett would have never arrived at Purdue.
- 2018’s Most & Least Ethnically Diverse Cities in the U.S.
The U.S. today is a melting pot of cultures, thanks to rapid ethnic and racial diversification of the past four decades. If the trend continues, America will be more colorful than ever by 2044, at which point no single ethnic group will constitute the majority in the U.S. for the first time.
- Flu season could cost employers billions of dollars
As the flu season continues to worsen, the best thing companies can do for their bottom line is to encourage sick employees to stay home, says Professor Ellen Ernst Kossek in an interview for NPR's Marketplace. “Americans are notorious for not using all of their vacation and sick time,” she said. “And it’s just not a great culture if you make people feel like they have to work when they’re sick.”
- Industry leaders to discuss supply chain risk at global conference
Purdue University’s Krannert School of Management will bring industry leaders to campus Feb. 23 for the spring 2018 Global Supply Chain Management Initiative (GSCMI) Conference, to be held in the Purdue Memorial Union.The theme of this year’s conference is “Supply Chain Risk — Business Continuity Planning.” Industry leaders, faculty, undergraduate and graduate students are invited to attend.
- Purdue's first African-American Homecoming queen and BOP alumna speaks at Krannert
Purdue's first African-American Homecoming queen presented a lecture titled "My Pieces of History: A Queen's Journey to Archival Peace at Krannert Auditorium on Feb. 6 as part of the University's Black History Month celebration. Kassandra "Katie" Agee Chandler, a 1980 graduate of the Dr. Cornell A. Bell Business Opportunity Program (BOP), also presented her papers to the Purdue University Archives and Special Collections during the event.
- Krannert MIS professor says cryptocurrencies will continue to retain value despite recent sell-off
Bitcoin's postholiday hangover kept going this week, but the cryptocurrency is likely to weather yet another downturn. That's the general takeaway from experts who follow the digital currency, among them Purdue University's Karthik Kannan, a professor of management information systems in the Krannert School. Although bitcoin should remain extremely volatile as it continues to develop, he says it will retain enough value to disrupt finance and banking.
- Krannert finance professor comments on why “The Stock Market Works by Day, but It Loves the Night”
The daytime is for losers. Overnight is when the big money is made in the stock market — not by trading but by getting a good night’s sleep.That’s because of a gap between daytime and overnight returns in the American stock market, according to Krannert finance professor Huseyin Gulen in The New York Times.
- Burton D. Morgan Competition kicks off its 31st year at Purdue
The preliminary stage of the 31st Burton D. Morgan Business Model Competition at Purdue University began Wednesday in West Lafayette. The student competition features prizes of up to $100,000.
- Krannert MBA ranked in top 10 public schools and best in Indiana by Financial Times
The Krannert School was one of the largest risers in this year’s global ranking of MBA programs by Financial Times. Purdue climbed 14 spots this year, up to #55, and is the highest ranked MBA program in the state of Indiana. The program is ranked 27th among all U.S. schools and #9 among public schools, up from 36th and 14th a year ago.
- Purdue, Krannert School and NSF launch ‘Phase 0’ pilot program to benefit Indiana startups
Purdue University and the Krannert School of Management will help early stage startups in Indiana commercialize their technology through the National Science Foundation’s “Phase 0” pilot program. Purdue is one four institutions that make up NSF’s Midwest Innovation Corps (I-Corps) Node, which is one of seven university clusters across the country selected to pilot the new program. Under Phase 0, non-academic teams will be eligible to participate in the national I-Corps program and then receive follow-on startup and commercialization services (I-CorpsGo) as they prepare for a Small Business Innovation Research (SBIR) Phase 1 submission.
- Ananth Iyer comments on the ongoing changes resulting from Amazon’s purchase of Whole Foods
When Amazon bought Whole Foods last year, many wondered what changes it would make to the specialty grocer, whose unique identity includes a reputation for high costs. According to Krannert's Ananth Iyer, an operations management professor and department head of management at Purdue University, national brands should have their place in some aisles, but not all.
- Krannert professor comments on the potential benefits an Indy Amazon HQ would have for Greater Lafayette
If Amazon decides on Indianapolis for its second headquarters, the effect could be felt in Greater Lafayette, too. The Amazon headquarters is expected to create 50,000 jobs. Karthik Kannan, a managment professor at Purdue University, said Amazon looks for nearby access to talent pools like universities to fill those jobs.
- The best in business to share insight at Purdue during Krannert Executive Forum
Executives, entrepreneurs and other business and management experts will exchange ideas and offer insight this spring during the Krannert School of Management Executive Forum. The forum, which is free and open to the public, takes place every semester at Purdue University and features speakers in a variety of industries. Events begin at 11:30 a.m. in Krannert Auditorium, located in Room 140 of the Krannert Building, 403 W. State St., every week on Friday beginning Jan. 22 and running through April 20.
- Krannert prof Karthik Kannan says self-driving cars among top business trends for 2018
Experts and economists around the world predict 2018 will be the year when technology takes over our currencies and roads, talks to regulators and makes financial advisers a thing of the past (or the future!).
- Krannert professors outline five common digital retailing mistakes
Krannert faculty members Prabuddha De and Mohammad Rahman say today’s retailers need to adopt a data-driven view — with the goal of understanding how website features and advances in AI will affect consumer behavior.
- Krannert events to kick off 50th anniversary of Dr. Cornell A. Bell Business Opportunity Program
Several events are planned next week to recognize the 50th anniversary of Purdue University’s Dr. Cornell A. Bell Business Opportunity Program, which aims to recruit the best and brightest students to West Lafayette to produce the next wave of business and community leaders nationwide. The anniversary celebration kicks off Monday (Jan. 15) with the Martin Luther King Day of Service and continues throughout the week as part of Krannert School of Management’s Diversity @ Work Week.
- Events to honor distinguished Purdue business mentor
Several events are planned next week to recognize the 50th anniversary of Purdue University’s Dr. Cornell A. Bell Business Opportunity Program, which aims to recruit the best and brightest students to West Lafayette to produce the next wave of business and community leaders nationwide.
- Chicago’s on the cusp of tying record-setting cold snap. Here’s how to survive it.
Dr. Ellen Ernst Kossek discusses how employers should respond to the cold weather in supporting employees.