FISHER NEWS
For Faculty, Staff & Students
warren buffett caricature

Fisher MBAs traveled to Nebraska on Thursday, Feb. 19 to meet Warren Buffett and tour Berkshire-Hathaway businesses. Fisher MBAs presented Buffett with an original caricature (above) created by local artist Kory Hubbell to express their appreciation to the business leader for hosting the meeting.

Study demonstrates the power of touch in consumer decisions

Waleed MuhannaConsumers are often told that if they break an item, they buy it. But a new study suggests that if they just touch an item for more than a few seconds, they may also end up buying it.

The researchers tested how touching an item before buying affects how much they are willing to pay for an item. A simple experiment with an inexpensive coffee mug revealed that in many cases, simply touching the coffee mug for a few seconds created an attachment that led people to pay more for the item.

The results, which were published recently in the journal Judgment and Decision Making, found that people become personally attached to the mug within the first 30 seconds of contact.

Waleed Muhanna, (pictured) an associate professor of management information systems at Fisher, was a co-author of the study with James Wolf, who obtained his PhD at Fisher and is now an assistant professor of information systems at Illinois State University professor and Hal Arkes, who is OSU professor emeritus of psychology.

Previous research had documented that many people begin to feel ownership of an item long before they actually acquire it. But this is the first study to demonstrate that strong feelings of ownership can begin in as little as 30 seconds after initial contact, said Wolf, who began this study while working on his doctorate in accounting and MIS at Fisher. Read More>>

René Stulz receives 2008 Risk Manager of the Year Award from professional association
rene stulzThe Global Association of Risk Professionals awarded the Association’s 2008 Risk Manager of the Year Award to René M. Stulz (pictured right), the Everett D. Reese Chair of Banking and Monetary Economics at Fisher.

Stulz was honored during the Association’s 10th Annual Risk Management Convention & Exhibition on Feb. 10
at the New York Marriott Marquis in New York City.

Richard Apostolik, Global Association of Risk Professionals President and CEO, said, “The Risk Manager of the Year Award was established in 1997 by the Association to recognize the outstanding contributions and positive impact made by individuals, or organizations, to the financial risk management profession.

" We are delighted to name Dr. Stulz as our Risk Manager of the Year in recognition of his many years of contributions to risk management through his extensive work in academia, as well as a lecturer, author, consultant and an Association trustee. We are grateful for his dedication and commitment to furthering the role of risk management; particularly at this time of dramatic evolution within the industry.”
Read More>>
Two Executive Education custom programs for Fortune 500 company honored for innovation
Neeli Bendapudi
Neeli Bendapudi, professor of marketing, leads an Executive Education class for Textron.

Two Executive Education custom programs for Textron, developed in partnership by the company and Fisher, were recognized as 2008 Learning Leaders.

The international recognition program, sponsored by ELearning! magazine and Bersin & Associates, honors innovative corporate education courses that address business challenges.

Fisher’s Executive Education program was the only university identified as a partner of the 16 companies that received honors for corporate training. An article about the awards is available on ELearning's Web site.

Textron, a multi-industry company with a portfolio of brands that include Bell Helicopter, Cessna Aircraft and E-Z-GO, was named as a 2008 Learning Leader for Operational Excellence and for Leadership Development Excellence.

The Materials Excellence program, a comprehensive development program for manufacturing leaders, was developed in conjunction with Fisher’s Executive Education to teach all disciplines of integrated supply chain.

“The program delivered very high return-on-investment including reduced inventory costs and increased quality. The program is a model for career and leadership development in a single functional discipline,” the magazine reported. Read More>>
Undergraduate students recognize faculty, staff at annual awards mixer

Kim Bader, Pat BeebeKim Copeland Bader, academic counselor, chats with Pat Beebe an Honors Cohort student, at the Undergraduate Student, Staff and Faculty mixer on Feb. 19 at the Blackwell Inn.

Six faculty and staff members were honored for their work at the annual Undergraduate Student, Staff and Faculty Mixer on Feb. 19 at the Blackwell Inn. The event was organized by the Undergraduate Business Council.

Interim Dean Stephen L. Mangum presented each honoree with a plaque. The winners were selected for the awards through a combination of faculty and staff nominations and student evaluations.

Two staffers received honors this year. Jill O’Neill, program coordinator for the Undergraduate Programs, and Stephen Moore, Fisher’s assistant director of facilities, were presented with the excellence in undergraduate service award. Teaching awards were given to Sharon James, Rudi Fahlenbrach and Jennifer Altamuro.

The council also presented their annual student award. Michael Lepare, a senior majoring in finance, received the Jason Gervais Award in recognition for being the top finance student in the honors program. The award is given in the memory of Jason Gervais, an Honors Cohort student, who died in a tragic accident in 2002 while he was a student at Fisher.

A special honor was also given to Jay Yutzey for his commitment and support to undergraduate students during his career at Fisher.
Read More>>

MBAs selected to compete in marketing case competition at Wake Forest
Fisher was one of eight teams selected from 96 business schools that applied to participate in the Wake Forest MBA Marketing Summit held Feb. 6-7.

Second-year MBA students Arvind Sharma, Aubrey Yuzva, Ben Hummel, Aysu Katun and Lisa Newland represented Fisher at the competition. The team was coached by Marc Ankerman, lecturer in management and human resources, and Larry Robinson, a senior lecturer in marketing and logistics.

With a $50,000 grand prize, Wake Forest Babcock School of Management billed the event as offering one of "the biggest MBA marketing case competition prizes in the country."

The competition, sponsored by PepsiCo, pits MBA programs in an intense 36-hour competition to solve a strategic marketing challenge. A highlight of the weekend was Friday’s night conversation between PepsiCo’s Chairman and CEO Indra Nooyi and CNBC news anchor Maria Bartiromo in front of more than 1,000 in Wake Forest University’s Wait Chapel, according to Hummel.

University of Virginia’s Darden School of Business won the $50,000 grand prize. Notre Dame’s Mendoza College of Business finished second in the competition with the Haas School of Business from the University of California-Berkeley coming in third.
Fisher People: Caroline Chao
Caroline Chao Title: Coordinator, Graduate Programs Office

Hobbies: "I enjoy a variety of things! Outside of work, I spend a lot of my time at the ice rink. I figure skate and coach skating at the Chiller Ice Rinks. I also coach and referee lacrosse. I love dance, the theater, the symphony, and traveling. I adore almost anything Disney. Most of all, I love to eat."

FisherLure: "I think Fisher is the perfect fit for me. I had such a great time here as an undergrad and after going to the 'real world,' all I wanted to do was come back. Lucky for me, David W. Smith remembered me from his Marketing course and knew that I belong here. I have the absolute best co-workers in the world; we support each other like a family would and we are always smiling."

February 20, 2009
In This Issue:

Study demonstrates the power of touch in consumer decisions

René Stulz receives 2008 Risk Manager of the Year Award from professional association

Two Executive Education custom programs for Fortune 500 company honored for innovation

Undergraduate students recognize faculty, staff at annual awards mixer

MBAs selected to compete in marketing case competition at Wake Forest

Fisher People: Caroline Chao


News Briefs

Fisher In The News

Shashi Matta - Cleveland Plain Dealer

Peter Ward - WCMH-NBC 4 News

Oded Shenkar - Smart Money

Jay Anand - Knowledge@Wharton and Human Resource Executive

Robert Lount-Philadelphia Inquirer


Upcoming Events
February 23, 2008
Elective Treks information Session: Brazil, Poland

Cullman Executive Luncheon Series: Bryan Morgan, Sterling Jewelers

February 25, 2009

Black History Month Speaker Series: Boyce Watkins, Syracuse University


February 26, 2009
Distinguished International Speaker Series: Bram Van Der Ploeg, vice president, NetJets
 
 

Fisher News is published bi-weekly throughout the academic year. To submit story ideas, e-mail content and your contact information to fishernews@fisher.osu.edu or use the online news submission form. The deadline for story submissions is 5 p.m. the Friday before the upcoming issue.

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