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Job Hunters: Quality of contacts counts

Job Hunters: Quality of contacts counts

The Guam Daily Post, October 11, 2017

New research in the INFORMS journal Management Science finds that it's not the quantity of LinkedIn connections that you have, but the quality, when it comes to helping you search for a new job.

Testosterone may be at the root of stock market instability: Study

Testosterone may be at the root of stock market instability: Study

Fast Company, October 11, 2017

The double- blind study, “The Bull of Wall Street: Experimental Analysis of Testosterone and Asset Trading,” which was published in the INFORMS journal Management Science, gave either topical testosterone or a placebo to 140 young males and set them loose buying and selling financial assets to earn real money. The men who got the additional testosterone bought and sold more, created larger price bubbles, were prone to mis-pricing, and their perception of a stock’s value was skewed.

Job Hunters: Quality still tops quantity when it comes to contacts

Job Hunters: Quality still tops quantity when it comes to contacts

The Courier-Tribune, October 10, 2017

Before online social networks came along, finding a job was often times a matter of who you knew. The digital age hasn’t debunked that conventional wisdom. But it has deluded some into believing that having hundreds of connections on LinkedIn or other professional social networks will make their next job search quicker and more successful. However, a new study in the INFORMS journal Management Science found it's the quality, not the quantity that counts. 

Nobel in Economics is awarded to Richard Thaler

Nobel in Economics is awarded to Richard Thaler

The New York Times, October 9, 2017

Richard Thaler, renowned economist and published author in the INFORMS journals Interfaces, Management Science and Marketing Science, has been awarded the 2017 Nobel Memorial Prize in Economic Sciences.

Quality tops quantity when it comes to contacts

Quality tops quantity when it comes to contacts

Pittsburgh Post-Gazette, October 2, 2017

According to a study conducted by Rahul Telang of Carnegie Mellon University and Rajiv Garg of the University of Texas, it's the quality, not the quantity, of your online professional connections that will help with a successful job search. Their study, based on a survey of 424 jobseekers, was published in Management Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS).

Guilty of being dishonest while working in a group?

Guilty of being dishonest while working in a group?

AskMen.com, September 29, 2017

Are you someone who prides yourself on your honest day-to-day behavior? Because that counts for absolutely nothing once you get yourself into a group, new research says. A study, published in the INFORMS journal Management Science, found that even individuals with a proven track record of honest behavior are prone to the potential for negative influences present in a group dynamic, especially when money is at stake.

Improving “softer skills” in analytics

Improving “softer skills” in analytics

Solver International, September 29, 2017

INFORMS, the leading international association for operations research and analytics professionals, offers its Essential Practice Skills for High-Impact Analytics Projects workshop. This intensive hands-on, workshop explores the concept of “structured problem solving” and provides participants with practical frameworks to go from ISSUE to ACTION. It combines approaches for analytical and creative problem solving, strategies for communicating and persuading, and processes for managing projects and working in teams.

What’s the one thing your hospitality biz can do to get your online ratings higher? Take the time to respond to reviews, new study finds

What’s the one thing your hospitality biz can do to get your online ratings higher? Take the time to respond to reviews, new study finds

Western Hotelier, September 26, 2017

The scenario is familiar. Your hospitality brand is under attack online from all sides it seems.  Some reviews are thoughtful but most are not, and you’re worried that your brand will suffer, and your business. According to some new research, the one thing you can do that may make all the difference is to take the time to respond.  According to a forthcoming study in the INFORMS journal Marketing Science, a leading academic marketing journal, management responses can not only lead to higher ratings for businesses, but also more substantive reviews even if they aren’t all positive. 

Students create program, save prison systems millions

Students create program, save prison systems millions

U.S. News & World Report, September 26, 2017

A new algorithm designed by a group of Lehigh University engineering students and their professors has simplified the process of assigning inmates to correctional facilities. The new system not only is expected to save the prison system nearly $3 million a year but also has landed the Lehigh team in contention for the Daniel H. Wagner Prize for Excellence in Operations Research, awarded each year by INFORMS, the leading international association for analytics and operations research professionals. 

How to lead change you disagree with

How to lead change you disagree with

Globe and Mail, September 22, 2017

We’re told that weak ties – people we aren’t very close to – can help with job searches. But new research from the INFORMS journal Management Science on LinkedIn usage, where people have connections of differing intensities, shows that strong ties are more helpful in generating leads for jobs, interviews, and offers. Weak ties can offer suggestions, but they prove less fruitful, perhaps because they don’t know the individual as well.

Polluting Chinese manufacturers: Do their misdeeds drag down the shares of their customer companies overseas?

Polluting Chinese manufacturers: Do their misdeeds drag down the shares of their customer companies overseas?

UCLA Anderson Review, September 19, 2017

Manufacturer contributions to China’s poisonous rivers and life-threatening smog are well documented in the decade since the government started publicizing polluting events and safety violations. But whether environmental ignominy at Chinese businesses is a problem for the thousands of overseas companies that buy their products has been less clear. New research in the INFORMS journal Manufacturing and Service Operations Management by Hong Kong Polytechnic University’s Chris K.Y. Lo, UCLA Anderson’s Christopher S. Tang and Hong Kong Polytechnic’s Yi Zhou, Andy C. L. Yeung and Di Fan finds that Chinese manufacturers that violated environmental regulations drag down the share prices of their overseas customers even more than their own market values.

The tragic crash of flight AF447 shows the unlikely but catastrophic consequences of automation

The tragic crash of flight AF447 shows the unlikely but catastrophic consequences of automation

Harvard Business Review, September 15, 2017

New research, recently published in the INFORMS journal Organization Science, examines how automation can limit pilots’ abilities to respond to "loss of control" incidents like the one that led to the crash of flight AF447, as becoming more dependent on technology can erode basic cognitive skills. By reviewing expert analyses of the disaster and analyzing data from AF447’s cockpit and flight data recorders, the researchers found that AF447, and commercial aviation more generally, reveal how automation may have unanticipated, catastrophic consequences that, while unlikely, can emerge in extreme conditions.

Is playing golf good for business?

Is playing golf good for business?

The Wall Street Journal , September 14, 2017

A paper published last year in the INFORMS journal Management Science, which collected golfing records for more than 300 CEOs from S&P 1500 firms from 2008 to 2012, found that the more golf a CEO played, the more a firm’s performance and value decreased. When CEOs played at least 22 rounds in a year, they found, the mean return on assets was more than 100 basis points lower than for firms whose CEOs played golf less frequently. 

Rejection tolerance influences choice of dating sites

Rejection tolerance influences choice of dating sites

Carlisle Wellness Netowrk, September 13, 2017

In a new study in the INFORMS journal Management Science, researchers discovered your choice of which dating site to use should depend on your tolerance of rejection. If you can handle rejection, more choices may be best. However, if you do not want to go the volume route, the site you chose may be more expensive.

CMU researcher: Don’t depend on LinkedIn to find a job

CMU researcher: Don’t depend on LinkedIn to find a job

Pittsburgh Magazine, September 11, 2017

How many times a week do you get a LinkedIn connection request? Conversely, how many requests do you seek when visiting the career networking site? A new study from the Institute for Operations Research and the Management Sciences suggests you might be wasting your time.