If you work with teams of people, there’s no doubt you’ve seen some changes in recent years. Virtual meetings have become commonplace – whether colleagues are working down the hall, from home in the same region, or several time zones away. Organizations often rely on global teams. And new technology, including artificial intelligence, is changing the way teams operate. The Smith School’s Gilad Chen has advice for how organizations and individuals can make the most of the changes.

Study reveals hurricane risk impact on Florida housing market and economically vulnerable borrowers. With Hurricane Idalia's $9.36B toll and Florida's insurance market crisis, Smith Enterprise Risk Consortium examines US hurricane risk and housing market vulnerability. Focus on Florida's high-risk areas unveils impact on minority and low-income borrowers. Insights crucial for preparedness.

A July tornado that tore across the Rocky Mount, N.C., region left severe damage including to a Pfizer facility. Amid subsequent supply chain disruption, the manufacturer alerted hospitals to a list of 12 drugs available only through emergency orders “due to their high medical need,” effective “immediately and until further notice.” The disruption further prompted action from risk management expert Clifford Rossi and students in the Master of Quantitative Finance (MQF) program at the University of Maryland’s Robert H. Smith School of Business.

Retailers have been using artificial intelligence for a while now. There’s the rudimentary use of it to send out enticing email promotions or timely online ads that we welcome at times and find annoying at others. But retailers are also using AI to track consumers’ behavior both online and in brick-and-mortar stores. The technology is helping guide store layout, inventory levels, and pricing.

This article, by Dean’s Professor of Marketing Rebecca Ratner and co-researchers Ximena Garcia-Rada and Michael Norton, was originally published at The Conversation.

The recent overhaul of the federal policy on allocating deceased donor livers has not significantly improved geographical inequities and has led to a greater loss in viable organs, according to findings from the University of Maryland’s Robert H. Smith School of Business.

Organizations often use the inexpensive and expedient approach of raising the salaries of the most underpaid women to bring about women’s pay parity with men. University of Maryland Robert H. Smith School of Business Associate Professor Margrét Bjarnadóttir says there are two reasons why this doesn’t work, “inequity isn’t usually equally spread throughout the whole organization and typically there’s a lack of well-paid women.

Being a leader is about more than a title; it’s a mindset. And it fluctuates – people may feel more “leader-like” on some days than others. Feeling capable and confident can make leaders more successful for their organizations, so helping them feel the part every day is critical.

Even as the price of food continues to tick up and people are spending more on groceries, nearly 40% of food in the United States is being wasted – mostly by shoppers who never consume what they bought and by retailers who don’t manage to sell it.

New enterprise software investments can lead to big benefits for firms by enabling business process innovations, but implementation is notoriously difficult. Having IT professionals with the right combination of both technical and business process knowledge is critical to a quick and successful adoption.