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Poole Business
Summer 2019 Thought Leadership in the Media

Thought Leadership in the Media

NPR | June 27, 2019

“The question is would you lose some dimension of what makes your product unique and what makes it valuable to customers...I think that the question they have to face right now: Which of those two paths do they want to proceed and how to work through that dimension.”
Every small business founder’s dream is to see their company’s performance beat their expectations. But what happens when it shatters them? Rob Handfield, Bank of America University Distinguished Professor of Operations and Supply Chain Management, says they’ll have a choice to make — raise the price, or up production — and each carries its own risks and rewards.

The Wall Street Journal | June 13, 2019

“The reason stocks are a decent inflation hedge is because corporate earnings grow faster when inflation is higher, and grow more slowly when inflation is lower. Higher inflation does reduce the present value of the otherwise higher future earnings. But these two effects should more or less cancel each other out over time.”
Richard Warr, professor of finance and interim associate dean for faculty and academic affairs at NC State Poole College of Management, provides his expert opinion that stocks are a better bet than gold to protect your portfolio over the long term against an unexpected flare-up of inflation.

News & Observer | May 18, 2019

“Everyone is betting this is going to resolve itself. I’m not so sure. This could be more of a long-term impact. We may see the tariffs become part of the woodwork.”
NC State Poole College of Management’s Rob Handfield, Bank of America University Distinguished Professor of Operations and Supply Chain Management, discussed the potential long-term impacts of the tariffs with the The News & Observer.

Science Daily | May 15, 2019

“The results revealed three assessments that lead to one trusting in the government: whether it has the ability to do its job, the benevolence to care about its people and the integrity to generally do the right thing.”
Research from NC State Poole College of Management Leadership Professor Roger Mayer and colleagues at Michigan State University presents new evidence to suggest that there are more layers to political trust than the public—and politicians themselves—previously thought.

MarketWatch | May 8, 2019

“Depreciation is going to significantly lower Trump’s tax liability because he is in the real estate business. But he is also notorious for carrying high debt loads, which generate high interest expense. Interest expense would also add to tax losses since it is a deductible expense, but unlike depreciation it’s a cash, out-of-pocket expense.”
Andrew Schmidt, associate professor of accounting at NC State Poole College of Management, lent his expertise to MarketWatch regarding President Trump’s insistence that the over $1 billion in losses he reported in taxes weren’t necessarily financial.

CNBC | May 7, 2019

“They’re just using it as a blunt instrument, saying ‘give me 10%.’ You can’t do that, especially in a mature, consumer goods company.”
Professor Rob Handfield, Bank of America University Distinguished Professor of Operations and Supply Chain Management, weighed in on the questionable procurement practices of Heinz Kraft being implemented to meet bonus targets.

US News | April 29, 2019

“Teachers are still predominantly covered by defined benefit pensions. Although public employers are making some movement away from these plans, the vast majority of public sector workers are still covered by defined benefit pension plans.”
Melinda Morrill, associate professor of economics and expert on public sector pensions, provides insights to a U.S. News & World Report list of “10 Jobs that Still Offer Traditional Pensions.”

Accounting Today | April 2, 2019

“While most executives perceive that uncertainties in the business environment are leading to more complex risk challenges for their organizations, few executives describe their organization’s approach to risk management as mature or robust.”
Accounting Today picked up a report released by The American Institute of CPAs and NC State’s Enterprise Risk Management Initiative on what the top perceived risks are for chief financial officers (CFOs) and how they manage risks. The report was based on a poll of 445 CFOs and senior financial leaders and found that managing an organization’s talent and leadership was among the top concerns. Mark Beasley, professor of accounting and director of ERM Initiative, is quoted.

Raleigh Magazine | March 1, 2019

“Millennials value authenticity more than any other generation has. Baby boomers tended to trust brands more and go with the marketing message. Millennials want the brand to be real, from the inside out, from product quality to sourcing and ingredients.”
Heather Dretsch, assistant professor of marketing in the NC State Poole College of Management, discusses the spending habits of millennial consumers with Raleigh Magazine editor Jane Porter.

Wall Street Journal | February 26, 2019

“It’s a situation where it’s hard to say what’s the right thing to do for the shareholders. It’s a horrible distraction that he’s created, but if they ultimately removed him as the CEO, that’s an even bigger distraction.”
Bonnie Hancock, executive director of the Enterprise Risk Management Initiative at the NC State Poole College of Management, was interviewed by the The Wall Street Journal in an article reporting on the challenges of effectively regulating iconic CEOs like Tesla’s Elon Musk.

Inside Supply Management Weekly | February 25, 2019

“Supplier involvement in new product development can yield such benefits as reduced cost, improved quality, reduced product development time, and improved access to technology.”
Rob Handfield, a professor of supply chain management within NC State’s Poole College of Management, contributed to the nine techniques supply managers could apply to develop products more efficiently.

News & Observer | February 18, 2019

“Some professions are easier to enter, exit and come back later than others. Those where the knowledge and skills transfer across employers, like teaching and nursing, have smaller wage gaps. Those where inside-the-firm skills and networks matter the most have the largest gaps.”
Steve Allen, a professor of economics at N.C. State University and associate dean for graduate programs at Poole College, spoke with Carolina Public Press regarding the gender wage gap in North Carolina. The subsequent article, published in the Raleigh News & Observer, included Allen’s suggestion that the wage gap exists because of breaks in attachment to the labor market and, in some cases, gender discrimination.

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