Archive for February, 2009

Press for Smeal EMBA Professors

Thursday, February 5th, 2009

Here at the Smeal EMBA we are proud of the top-notch University Park faculty we bring in to the classroom.  Below you will find the thoughts of some of those professors.  When you are being taught business, you want to be taught by the best – and that is what you get in the Smeal EMBA.  Faculty ranked #7 in the country, #17 in the world.

The Associated Press, 02/04/2009—Fariborz Ghadar, director of the Center for Global Business Studies, comments on how the recession is affecting agriculture. “Yes, we have housing problems, but we’re not going to not feed our kids,”Ghadar said. (Economy Unlikely To Affect Many U.S. Farmers). This article has appeared on more than 100 Web sites.

Investor’s Business Daily, 02/04/2009—Fariborz Ghadar, director of the Center for Global Business Studies, comments on how chip manufacturers are responding to the recession. “What chipmakers are going through is a microcosm of what is happening to many U.S. exporters generally,” Ghadar said. (Chip Manufacturers’ Tactics Differ For Dealing With Global Recession).

Wisconsin Public Radio, 02/04/2009—Timothy Pollock, professor of management, discusses executive compensation in light of President Obama’s plan to limit CEO pay at firms receiving federal bailout funds. (Conversations With Kathleen Dunn). This programs aired on 18 stations in Wisconsin.

Orlando Sentinel, 01/18/2009—Wayne DeSarbo, executive director of the Center for Sports Business & Research, comments on the effect of the economy on the sports industry. “It’s hard to predict exactly what’s going to happen, but one thing is clear: Those types of activities involving monetary outlay will most likely decrease as consumers tighten their belts,” DeSarbo said. (Sports Are Not Recession-Proof—And The Worst May Be Yet To Come).

The Associated Press, 01/16/2009—Austin Jaffe, chair of the Department of Insurance and Real Estate, comments on the real estate market outlook for 2009. “I think in 2009 we’re still going to see more foreclosures, certainly,” Jaffe said. “There’s more resets coming from ARMs that are still out there, and as the economy gets weaker that’s likely to increase the number of foreclosures and increase the supply of houses on the market.” (Home Repossessions Nearly Doubled In Pa. Last Year). This article appeared in several newspapers around Pennsylvania, including the Pittsburgh Post-Gazette.

BusinessWest (Massachusetts), 01/05/2009—Gary Lilien, Distinguished Research Professor of Management Science, comments on marketing during a recession. “Companies that have been looking at marketing as an investment, and not an expense, and have been running their business through customer knowledge are the ones that are going to come out of this [recession] really, really well,” Lilien says. (A Time To Thrive?).