By leaps and Bounds New academic year brings twenty-two new additions to the faculty, including a prestigious endowed professorship Introduction by Steve McGregor | Profiles by Jeanne Spreier Twenty-two new faculty members, including fifteen who are tenured or tenure-track, are bringing new ideas and experience to The School of Management this fall. Noted researcher appointed to Andrew R. Cecil Endowed Chair Dr. Gregory G. Dess, an internationally recognized expert on business management strategy, joined The School of Management this fall. A full professor in the Organization, Strategy, and International Management area, Dr. Dess occupies the prestigious Andrew R. Cecil Endowed Chair. "Greg Dess is an outstanding addition to a very talented group of facultyŠ, many of whom have achieved national and international recognition," Dean Dr. Hasan Pirkul says. "We are both fortunate and delighted that he has joined us. By recruiting the very best educators and researchers, and offering cutting-edge programsŠ, UTD will continue to deliver high-quality, high-value management education to its students." Most recently, Dr. Dess held the Carol Martin Gatton Endowed Chair in Leadership and Strategic Manage-ment at the University of Kentucky. For the past several years, he served as a visiting professor of management at the Chinese University of Hong Kong and at the Norwegian School of Management. He served at the Tuck School of Business at Dartmouth College as well. He has been a Fulbright Scholar at the University of Oporto in Portugal. Dr. Dess is co-author of the textbook Strategic Management. He also recently co-authored two practitioner-oriented books, Mission Critical: Avoiding Common Strategic Traps, and Beyond Productivity: How Leading-Edge Companies Achieve Superior Performance by Leveraging Their Human Capital. His primary research interests lie in strategic management, entrepreneurship, and knowledge management. He has published more than thirty refereed journal articles and has served on the editorial boards of several highly rated journals. He was recently inducted as a charter member of the Academy of Management Journal's Hall of Fame. Dr. Dess received his Bachelor of Industrial and Systems Engineering degree from Georgia Tech, his MBA degree from Georgia State University, and his PhD in Business Administration from the University of Washington. The chair to which Dr. Dess has been appointed is named in honor of the late Dr. Andrew R. Cecil for his long-standing support of education and UTD. The chair recognizes an outstanding scholar who epitomizes Dr. Cecil's commitment to the basic principles of ethics. Dr. Cecil, a past president of the Southwestern Legal Foundation, is also remembered in an annual lecture series at UTD that addresses the topic of ethical values in a free society. - S.M. Sumit Majumdar If the topic is telecommunications, Dr. Sumit Majumdar will know the issue at hand, whether it's pricing decisions, investment strategies, regulatory impacts on companies' performance, or a host of other concerns. "I have been working on strategy issues in the telecommunications sector generally for the past decade," says Dr. Majumdar. A full professor of Managerial Economics and Strategy, he received his doctorate in strategic management and organization from the University of Minnesota. "The issues that I am interested in deal with firms' actual activities and behavior.Š My research has been heavily grounded in the analysis of firms' data, and this has always involved close connections and collaborations with firms," he says. At UTD, Dr. Majumdar expects to establish ties with local companies, as he did most recently as chairman of strategic management at the University of London. He says he is leaving behind "a range of company connections that have been mutually beneficial in generating research ideas as well as solutions to corporate problems." Among graduate-level classes he will be teaching are telecommunications strategy and industrial organization. Michael Oliff Dr. Oliff has seen the inner workings of a multitude of global companies and has an acute sense of the issues these corporations face. He is interested in researching those topics during his tenure as a visiting professor of Information Systems and Operations Management. "My research focuses on the question, 'What keeps dominant companies dominant?' " says Dr. Oliff, who received his PhD in management science from Clemson University. He wants to know how companies create value with customers, build distinctive competencies, and establish high-performance teams. Dr. Oliff previously was director and executive committee member of IMD in Lausanne, Switzerland, where he managed that institute's research and development program. It included seventy-five professionals, ten institutional projects, and forty educational programs. While at IMD, Dr. Oliff directed the Manufacturing 2000 R&D Program that enlisted support from twenty corporations, including Audi, BP, Nokia, Sony, and IBM. He is also founder and president of The Phoenix Performance Group, a Dallas-based corporate development company. At UTD, Dr. Oliff is teaching graduate and executive level classes that include business strategy and change management. Kathryn Stecke Joining the Information Systems and Operations Management faculty at UTD's School of Management, Dr. Kathryn Stecke arrives from the University of Michigan, where she had been associate professor of operations management since 1985. While there, Dr. Stecke also held a number of short-term assignments at universities overseas, including in Australia, Hungary, and Hong Kong. At UTD, she will continue her research in an Continued from previous page area that first caught her attention when she was a doctoral student at Purdue University. "There are many types of various operational problems associated with highly automated flexible manufacturing systems," she says. "Solving these would help companies better and more efficiently use their very capital-intensive equipment." Dr. Stecke started working toward her industrial engineering PhD by looking at specific problems. "As the systems become more advanced, the problems companies need to address evolve. Different approaches to solve problems are needed for different types of these automated systems." A full professor, Dr. Stecke is teaching a core MBA operations management class and is offering a new graduate level elective on flexible manufacturing strategies. ____________ Chris Kirby Dr. Kirby's research is of interest to anyone worried about recent stock market returns. "I'm currently investigating the effect of time-varying volatility on portfolio selection and hedging decisions," says the School's new associate professor in Finance. "This has the potential to yield new insights on how portfolio managers can exploit volatility models to improve their investment performance." A recent paper he wrote, "The Economic Value of Volatility Timing," was nominated for the 2001 best paper prize at the Journal of Finance. The winner of that prize was fellow SOM professor, Yexiao Xu. Dr. Kirby, who received his PhD in business administration from Duke University, returns to UTD after a two-and-a-half-year stint at the University of New South Wales in Australia. He is teaching classes in investment management at undergraduate and graduate levels. Jane Salk While trying to determine the underlying reasons for dissatisfaction and conflict at a joint British-Italian venture, Dr. Salk became fascinated with a culture's influence on organizations. "Individuals (in that venture) stubbornly stuck to their expectations and styles even when they acknowledged it was probably ineffective," she recalls. That experience guides her current research interests, which deal with how to connect strategic needs with the management of human resources and the development of international work teams. Since 1995, she has been teaching at ESSEC Business School in France. At UTD, Dr. Salk, who received her doctorate in management at MIT, is an associate professor in Organization, Strategy, and International Management. She teaches undergraduate and graduate classes related to international management and leads SOM's doctoral seminar in international management. ____________ Jayatirtha Asundi When Dr. Asundi was working as a software engineer, before he began graduate school, he noticed an interesting practice that piqued his curiosity. Software engineers, via their design decisions, were making economic decisions that impacted their companies. But these impacts were unknown or hidden to their managers. "This problem highlighted the need for interdisciplinary work to address [it]," he says. As an Information Systems assistant professor, Dr. Asundi will focus his research on understanding decision-making in organizations that use and develop information systems, and he hopes to tie technical issues with economic and organizational issues. Dr. Asundi, who received his doctorate from Carnegie Mellon University's Department of Engineering and Public Policy, teaches graduate and undergraduate courses related to software. Octavian V. Carare Dr. Carare is interested in auctions, specifically online auctions, and how to use data from those auctions to determine product demand. "My undergraduate degree is in electrical engineering," says Dr. Carare, who received his doctorate in economics from Rutgers University. "I have been looking at ways in which engineering and economics may interact. The design, analysis, and implementation of auctions - Internet auctions in particular - put both engineering and economics to work." Dr. Carare, an assistant professor in the Managerial Economics area, is teaching managerial economics to graduate and undergraduate students. He anticipates teaching classes in the future on the economics of information and economics of the Internet. Sujoy Chakravarty Coming to UTD with a special passion for teaching, Dr. Chakravarty is leading undergraduate students through their first course in management information systems. "More than any awards I have received," says Dr. Chakravarty, an Information Systems assistant professor, "I feel the energy from class discussion and learning something new every day has helped both my students and me grow." He last taught at Purdue University, where he received his doctorate in economics. Dr. Chakravarty's interest in the economics of information, goods, and services will guide his future research. "This field is hard to characterize in the [same] way one can for a bricks-and-mortar economy.ŠThese new paradigms in thinking pose a challenge for scholars." Kutsal Dogan Kutsal Dogan returns to The School of Management as an Information Systems assistant professor. Several years ago, Dr. Dogan started his doctoral studies here. Later, he completed them at the University of Florida, where he received a PhD in decision and information sciences. Back at UTD, his research will focus on analytical modeling of electronic commerce and information systems. "My research aims to improve a firm's pricing decisions," he says. Dr. Dogan's undergraduate degree in management engineering was "quite quantitative and, surprisingly, very research oriented," he recalls. This nurtured in him a strong interest in research. Students in his undergraduate and graduate level classes at UTD will be happy to learn that while at the University of Florida, Dr. Dogan received high teaching evaluations that led to his appointment to the business college's teaching committee. Mark LaPlante Mutual funds continue to be the means by which most Americans invest in the stock market. "The mutual fund industry continues to grow in terms of the number of funds and investors," says Dr. LaPlante, an assistant professor of Finance, who received his doctorate in finance and business economics at the University of Washington. "Research that attempts to assess the behavior and performance of this industry can have a real impact on how individuals allocate their investment dollars." Dr. LaPlante, who will focus his research on investment strategies and performance of mutual funds, says this represents a clear intersection between financial theory and the actual practice of highly trained people. At UTD, Dr. LaPlante initially is teaching undergraduate classes in business finance. Seung-Hyun Lee There's nothing like a heated debate to get an investigation moving. Dr. Lee had several of those with colleagues who "blindly argued," he says, "that it is not worthwhile to study a dead economy." Dr. Lee, an assistant professor in Organization, Strategy, and International Management, disagrees, believing there is much to learn from analyzing the recent Asian economic crisis and why some companies continue to perform well, despite tumultuous times. He also wants to know "why some companies performing well in one environment cannot sustain their performance level in a different environment." With a doctorate in international business and strategic management from Ohio State University, Dr. Lee is an assistant professor teaching undergraduate international business classes. Syam Menon Dr. Menon, an assistant professor in Information Systems, will be researching telecommunications network design, particularly applications that involve using optimization techniques. "I became interested in this topic after reading research in the area," Dr. Menon says. With his training in large-scale optimization, it was a natural area for him to study. Dr. Menon most recently was an assistant professor at Oklahoma State University, where he not only was on the faculty recruitment committee but also was part of a task force that designed that school's MBA courses in information technology. He received his doctorate from the University of Chicago's Graduate School of Business and teaches graduate level classes in telecommunications and network design. Mark Vargus Dr. Vargus' research is particularly timely, as even a casual reader of a newspaper's business pages will note. "I examine the role of executives' stock-based incentives on their firm's accounting choices," says Dr. Vargus, who received his PhD in accounting from The Wharton School of the University of Pennsylvania. "Some of my current projects examine whether insider trading is related to firms' earnings quality, the timing of special charges, and financial distress." This line of research, says the assistant professor of Accounting and Information Management, taps into his training in finance and accounting. Dr. Vargus comes to UTD from the University of Southern California. He is teaching introductory financial accounting classes. Davina Vora Davina Vora's research interest dovetails with [the concerns of] global companies that are looking to retain their top talent. "My research can help companies better understand what motivates employees to remain in a company or division, be committed to it, and perform well," says Ms. Vora, whose doctorate from the University of South Carolina will be in international business and organizational behavior. Ms. Vora is particularly interested in dual organizational identification, that is, feeling a personal connection to two organizational units. "This topic fascinates me because of the multiplicity of identifications that can exist," says Ms. Vora, an assistant professor in Organization, Strategy, and International Management. She is teaching graduate and undergraduate classes in international business and international management. Qin Zhang Any person making a purchase of just about any item could be the topic of Dr. Qin Zhang's research. "I study the effect of consumers' expectations about future prices of brands on their current purchase decisions - whether, what, and how much to buy," says Dr. Zhang, who earned her doctorate in marketing from Washington University in St. Louis. Her undergraduate degree in economics emphasized both quantitative and qualitative skills, she says, spurring her interest in marketing. As an assistant professor in Marketing, Dr. Zhang is teaching undergraduate classes in marketing management. Ertunga Ozelkan Dr. Ozelkan understands that timing is everything. In his most recent position, as customer service manager at i2 Technologies in Irving, Texas, he ensured that i2 customers received the correct training at the optimal time in order to get maximum benefits from the company's software. At UTD this fall, where he is a visiting assistant professor in Operations Management, he is teaching operations management and research classes as well as supply-chain management. Dr. Ozelkan received his doctorate in systems and industrial engineering from the University of Arizona. ____________ Hans-Joachim Adler For the past four years, Senior Lecturer Hans-Joachim Adler has worked with large international technology firms. He knows what issues must be addressed for companies to compete in a worldwide arena. "I will be working on an international technology (IT) marketing program that will enable businesses of any size to compete successfully in a global market," says Dr. Adler, who received his doctorate in information processing from the University of Lyon in France. Dr. Adler found that, in recent years, companies have focused on technology without developing a professional marketing plan that communicates to customers the benefits of their product or service. In The School of Management's Information Systems and Operations Management area, Dr. Adler teaches IT and telecommunications classes at both graduate and undergraduate levels. Arthur Agulnek After working more than thirty years with tax-related issues, Mr. Agulnek brings his vast experience and knowledge to students who are taking classes with him through the Accounting and Information Management area. Before retiring as a tax partner in Ernst & Young LLP's southwest area office, Mr. Agulnek worked with clients on international tax issues and advised executives on financial and tax implications of global transfers. Moving to the classroom as a senior lecturer is a natural transition, Mr. Agulnek says. "I was always involved in the firm's education programs and had responsibility for developing both in-house and outside programs. . . . [After retiring,] I wanted to spend some time doing something I was interested in but never had the time to do." Tiffany Bortz Ms. Bortz, a visiting senior lecturer in the Accounting and Information Management area, has real-world experience to share with her School of Management students. As an audit manager with PricewaterhouseCoopers LLP, she planned and coordinated all phases of an audit, supervised staff, handled clients from telecommunications, financial, and not-for-profit areas, and worked with SEC requirements and reporting. Ms. Bortz, a CPA, is teaching undergraduate accounting classes and a graduate-level financial reporting course this fall. Mary Beth Goodrich Mary Beth Goodrich lives the classes she teaches for the Accounting and Information Management area. As an auditor for the past five years with Citigroup, Ms. Goodrich has done risk assessments, audit scope development and planning, fraud investigations, and a multitude of special projects, including those involving Internet-linked software dealing with human resources, benefits, and payroll. Ms. Goodrich received an MBA with a concentration on internal auditing from Louisiana State University. As a senior lecturer at UTD, she uses her real-world experience when teaching various undergraduate accounting classes. Anishka Olsztynska Dr. Olsztynska, a visiting senior lecturer from Poland, will be able to address issues of marketing and management in the emerging economies of Eastern Europe. She is particularly interested in internal marketing. "While cooperating with several companies [that] operate in the Polish market, I noticed that they searched for new knowledge that they could use to motivate their employees to be more customer-oriented," she says. "Using a marketing-like approach toward employees is becoming crucial in the rapidly changing world." Dr. Olsztynska, who received her doctorate in management and marketing from the Poznan University of Economics in Poland, is teaching undergraduate classes in organizational behavior and international marketing.