Risk Matters
Poor risk management practices eventually come back to haunt those organizations that fail to take a broad and proactive view at managing risk.
Experiential Learning Through Networking
Our faculty members are not only dedicated educators but also influential thought leaders, consistently pushing the boundaries of business knowledge. Renowned for their groundbreaking research published in top-tier journals and cited by scholars worldwide, they bring unparalleled insights to the classroom. With a commitment to fostering a vibrant intellectual community, our faculty challenge and inspire future business leaders to excel.One such member is Sheetal Singh, Associate Clinical Professor in Management and Organization.
Smith Professor Michael Faulkender Nominated for Deputy US Treasury Secretary
Michael Faulkender, Dean’s Professor of Finance at the Smith School, has been nominated as U.S. Deputy Secretary of the Treasury. A former Treasury economist, he played a pivotal role in shaping COVID-19 relief efforts and is a leading voice in financial policy research. His nomination awaits Senate confirmation.
Small Business Still Means Big Risk – Listen to Economists
EY Professor Lawrence A. Gordon highlights that cyber risks pose significant threats to businesses, particularly small ones. Limited resources make small businesses prime targets for cybercriminals, who exploit their vulnerabilities, underscoring the need for affordable cybersecurity measures.
World Bank Taps Smith Research, Expertise for ‘Cybersecurity Economics for Emerging Markets’
The World Bank Group’s “Cybersecurity Economics for Emerging Markets” highlights research from the Smith School, detailing the economic impacts of cyber incidents and strategies for emerging markets, featuring insights from experts Lawrence Gordon, Martin Loeb, and Lei Zhou.
Risk Matters: Where Models and Cognitive Bias Collide
Risk decisions often falter due to cognitive biases, underdeveloped decision-making processes, and overreliance on models. Clifford Rossi argues that robust frameworks and balanced decision structures are essential to navigate uncertainty effectively and mitigate poor risk outcomes.
Smith Faculty Awarded Grants for Innovative Teaching Practices
Smith’s Teaching/Learning Innovation Grant supports Cliff Rossi’s experiential learning project, where students analyze climate risk impacts on mortgages using machine learning. The project develops industry-relevant skills, preparing students for top finance roles and advancing climate-risk insights in housing.
Thinkers50 Hall of Fame Inducts Smith’s Anil Gupta, Haiyan Wang
Anil K. Gupta and Haiyan Wang, MBA ’95, have been inducted into the 2024 Thinkers50 Hall of Fame for their leadership in analyzing globalization trends. Their combined 60 years of research and consulting includes co-founding the China India Institute and authoring several influential books.
Smith School Appoints Wendy Sanhai as Visiting Professor and Outreach Ambassador
Wendy Sanhai, PhD, MBA, has been appointed Visiting Professor of Practice in Management and Organization at the Smith School. She will also serve as Outreach Ambassador, collaborating with industry and agencies to advance research, education, and initiatives in life sciences.
Risk Matters
Clifford Rossi argues that the homeowners insurance market is unraveling due to rising natural disaster risks. He proposes a government-sponsored entity to centralize hazard insurance, improving risk management and financial stability.