...and disrupt supply chains, regulatory shifts alter the rules of engagement, and technological developments like artificial intelligence quickly change industries and customer expectations. If resiliency is key to dealing with...
UNC Kenan-Flagler Business School Professor Mark McNeilly discusses how ChatGPT and other AI tools will change the workplace - as well as how workers can best prepare themselves for these changes.
The 16th annual Kenan Institute Student awards will honor outstanding students who excel in the areas of leadership, research, policy impact and service.
In addition to academic presentations, the Conference on Market-Based Solutions for Reducing Wealth Inequality took participants out of the classroom and into the community for a walking tour and on-site discussions in nearby Durham, N.C.
Professor Paige Ouimet has been named executive director of the Kenan Institute of Private Enterprise at UNC Kenan-Flagler Business School effective Aug. 21. She succeeds Professor Greg Brown, who led the institute’s growth for eight years.
The endowment will provide top UNC Kenan-Flagler Business School students with leadership education, cross-sector collaboration skills and undergraduate research opportunities.
...uncertainty and rapid change. Companies face a panorama of potential issues and accompanying risks – geopolitical tensions flare up and disrupt supply chains, regulatory shifts alter the rules of engagement,...
Save the date for inaugural NCGrowth Showcase: Engaging for Economic Prosperity in the Kenan Center! Don't miss out on engaging presentations and lunch from noon to 2 p.m. Feb 27.
Our 2024 Frontiers of Business Conference will convene corporate executives, top researchers and policy leaders to share objective, evidence-based solutions for building more business resiliency to help companies survive and succeed in a risk-filled world. Learn more today.
Ally work, or actions to support those from less advantaged social groups, shows promise in advancing social welfare in workplaces. Although much of the literature has explained factors that predict ally work, in this paper, we shift the conversation to understand the positive spillover of managers’ ally work on observing employees. We focus specifically on self ally work. Drawing from the theory of political ideology-as-motivated cognition, we propose that employees perceive managers who enact self ally work as more liberal (rather than conservative).
Companies are turning to ideation contests to engage ideators outside company boundaries to solve their complex problems. Our research focuses on how articulating the problem, specifically the number and type of constraints described within the problem statement (brief), is related to the number of ideas submitted by participants in ideation contests.
This paper examines private equity (both buyout and venture funds) performance around the globe using four data sets from leading commercial sources. For North American funds, our results echo recent research findings: buyout funds have outperformed public equities over long periods of time; in contrast, venture funds saw performance fall after spectacular results for vintages in the 1990s. For funds outside North America, buyout funds show performance similar to those in North America while venture fund performance is weaker than in North America. Venture samples outside North America are, however, relatively small and strong conclusions await further research. The similarity of performance estimates across the data sets strengthens confidence in conclusions about the results of private equity investing.
Preparing students to deal with ethical issues in the workplace is the goal of “Resisting Corporate Corruption: Cases in Practical Ethics from Enron through the Financial Crisis” by Stephen Arbogast, a professor at the University of North Carolina Kenan-Flagler Business School.
There is no theory in strategic management and other related fields for identifying decision problems that cannot be solved by organizations using rational analytical technologies of the type typically taught in MBA programs.
Inspired by recent discussions of the systematic costs that external rankings impose on academic institutions, and the undeniable shifts in the landscape of institutional data, a concerted and pragmatic re-evaluation of ranking efforts has begun. In this study, multiple administrators and researchers representing both public and private institutions across the United States weigh in on these issues.
We consider the inventory management problem of a firm reacting to potential change points in demand, which we define as known epochs at which the demand distribution may (or may not) abruptly change. Motivating examples include global news events (e.g., the 9/11 terrorist attacks), local events (e.g., the opening of a nearby attraction), or internal events (e.g., a product redesign).
Many managers today are spending more and more time working cross-functionally. For example, a recent Corporate Executive Board survey of over 20,000 employees found that 60-70% reported working in groups that involve individuals from other internal functional areas or other external stakeholders. Similarly, a Best Companies for Leadership survey, jointly sponsored by Businessweek.com and the Hay Group, found that more than 96% of managers in the top 20 performing global companies agreed with the statement, "My organization operates in a highly matrixed structure," where one of the main goals behind matrix structures is to pull together representatives from different functional groups to make decisions.
Much of the recent empirical IO research has been conducted in the context of relatively mature, stable (often consumer packaged goods) markets. In these markets, consumer preferences and competitive interaction are often characterized by relatively stable patterns over time.
The study of congruence is central to organizational research. Congruence refers to the fit, match, similarity, or agreement between two constructs and is typically framed as a predictor of outcomes relevant to individuals and organizations. Previous studies often operationalized congruence as the algebraic, absolute, or squared difference between two component variables.