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A Question Nobody Is Asking: What Role Did Cost Pressure Play in GM Safety Recalls?

Vanderbilt Management Professor Ranga Ramanujam, an expert in organizational safety, has been following the Congressional inquiries into safety recalls at General Motors, including today’s testimony by CEO, Mary Barra. Here are his some of his thoughts: • The Investigative Report conducted by Anton Valukas, a former federal prosecutor hired by GM, and the House hearings continue to overlook the fundamental challenge to safety management at GM: Pervasive and unrelenting cost pressures. • Rep. Tim Murphy started today’s proceedings by noting […]

Tags: GM, Mary Barra, Owen Graduate School of Management, Ranga Ramanujam, recall, safety, Vanderbilt University

A New GREEN Scale Sheds Light on Eco-Friendly Buying Habits

A new scale designed to measure how “green” a shopper’s buying habits are finds that those unconvinced by environmental claims tend to be more skeptical towards environmentally minded products. But those who do worry about the environment, and seek out eco-friendly products as a result, are wary of overconsumption in general. Those are just a couple of the main findings in a new study by Vanderbilt Marketing Professor Kelly Haws and her co-authors, published in a forthcoming article in the […]

A Prediction — and Prescription — for Health Care in 2014

Two health care experts from Vanderbilt University’s Owen Graduate School of Management have weighed in with their thoughts about the health care industry in 2014. R. Lawrence Van Horn, a renowned health care economist and Executive Director of Health Affairs at Owen, discusses his thoughts on how the Affordable Care Act will play out in the coming year. Timothy Vogus, Associate Prof. of Management at Owen, looks at what hospitals can do in 2014 to create a better work environment […]

Neon Projects Elite Aura for Amateur Athletes

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Neon colors are everywhere. Bright colors adorn the shoes of marathon runners, the jerseys of professional sports teams and the uniforms of marching bands. You can even buy psychedelic yoga pants. So, what’s behind the trend? Bright-colored products and brands do more than just draw attention. They allow people to signal a personal identity that aligns them with elite athletes, explains Vanderbilt marketing professor Jennifer Escalas. “People can signal that they are part of a certain group, differentiate themselves from […]

Why Successful Projects Need a “Why Statement”

Organizations are filled with stories of seemingly important, months-long projects that end up on a shelf (or server folder) gathering dust. Or worse, well-intentioned projects cause more problems than they originally set out to solve. An article in the Fall 2013 MIT Sloan Management Review, co-authored by Vanderbilt Management Professor and Associate Dean at Owen Nancy Lea Hyer, contends that many projects fail because they are launched without a clearly articulated reason why they’re being pursued. “The why statement is […]

New Study By VIX Creator: Volatility ETPs “Virtually Guaranteed to Lose Money”

If the past decade is any guide, one of the surest market bets seems to lie not in any particular asset class — stocks, bonds or cash — but in volatility, particularly with the ongoing government shutdown and a possible U.S. default looming. The growth in volatility investments speaks for itself. The total volume of options written on the CBOE’s Market Volatility Index (VIX) is nearly 30 times higher than when trading started in 2006. Many sophisticated investors now use […]

Owen Researchers Scrutinize Hospital Merger Model

A pair of researchers from Vanderbilt University’s Owen Graduate School of Management, Luke Froeb, a former high-ranking economist at the U.S. Federal Trade Commission, and Larry Van Horn, a leading health care economist, explain in a new piece for Hospitals & Health Networks magazine why “travel cost” models used in hospital merger enforcements may be missing some crucial information. Froeb and Van Horn indicate that antitrust agencies from the FTC and U.S. Dept. of Justice are using competition models that […]

‘Share of Wallet’ Research Team Wins Global Frontiers in Service Award

Owen Professor Bruce Cooil is part of a team comprised of academic researchers and executives from Ipsos Loyalty that won the 2013 Frontiers in Service Best Practitioner Presentation Award in Taipei, Taiwan. The team’s paper and presentation, “Perceptions Are Relative: An Examination of the Relationship Between Relative Satisfaction Metrics and Share of Wallet” expands upon their work on the Wallet Allocation Rule. The team wrote about the topic in the October 2011 issue of Harvard Business Review. Cooil and his […]

The 50 Most Influential Business Professors of 2013

Owen’s Tim Vogus has been named as one of the 50 Most Influential Business Professors of 2013!

Making Hospitals Safe for the 21st Century

As part of a continuing series on safety problems at Parkland Memorial Hospital, the Dallas Morning News asked Vanderbilt Professor Ranga Ramanujam, who researches operational failures in high-risk work settings, what a new Parkland CEO should to to help fix the hospital’s problems. This post is adapted from that op-ed. Most people know Parkland Memorial Hospital in Dallas for its heroic efforts to help save the life of President John F. Kennedy after he was shot in November 1963. Fifty […]

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