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Business
Zell Lurie Institute awards student entrepreneurs more than $50,000 in grants
The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the Stephen M. Ross School of Business has announced the recipients of the Fall 2009 Eugene Applebaum Dare to Dream Grant Program, where students apply for funding to advance their innovative, high-potential business concepts toward launch. The 30 grant recipients submitted projects that range from a light sport aircraft design and manufacturing firm to an online fundraising platform for performers to a stationary bicycle that generates electricity. [Read more...]
Ross Business School professor named top business thinker by Forbes
Corporate strategy sage C.K. Prahalad is the most influential management thinker in the world, according to the Thinkers 50, a biennial ranking of business gurus. Prahalad, who serves as the Paul and Ruth McCracken distinguished university professor of strategy at the University of Michigan's Ross School of Business, tops the list for the second time running. In addition, David Ulich, professor of business administration and director of the Human Resource Executive Program at Ross, is ranked 31st on the list. [Read more...]
U-M co-sponsors conference on plug-in electric vehicle industry
"The Business of Plugging In" is the inaugural conference on plug-in electric vehicles (PEV). The three-day meeting in Detroit brings together leaders from the automotive, utility and new technology industries with policy makers, financiers and researchers for interactions on business development, education and networking. The U-M joined DTE Energy and General Motors and founding partners in sponsoring the conference, October 19-21, 2009. [Read more...]
New method helps measure actual impact of organization
In the fall issue of Dividend, Professor Ted London of the Ross School of Business discusses the results of field work and the development of the Pyramid Impact Assessment Framework, which organizations now can use to better assess the true impact of their work. [Read more...]
New game strategies help businesses create value
Professor Allan Afuah of the Ross School of Business describes in his book Strategic Innovation (Routledge 2009) new game strategies that companies can employ to gain a competitive advantage in the face of rapid technological change and globalization. It's not enough to simply create value in new and different ways, he says. Nor is it sufficient to merely capture value. To compete and win, firms must do both. [Read more...]
Innovative Business Organizations Explored in New Book by Erb Institute Scholars
A new breed of company is emerging that wants to both make money and change society. These "hybrid organizations" and their investments in sustainable business practices are explored in "Hybrid Organizations: New Business Models for Environmental Leadership," a new book by five graduates of The Erb Institute for Global Sustainable Enterprise at the University of Michigan. [Read more...]
Students help green-technology firms in Michigan
U-M students in the School of Natural Resources and Environment and the Ross School of Business worked with a local venture firm, Turtlerock Greentech LLC, to review business plans and potential investment opportunities as part of the firm's efforts to promote green technologies and sustainable enterprises. [Read more...]
Blogs, like traditional advertising, can help predict product sales
While traditional advertising is still the main driver of product sales, blogging and other new media are fast becoming predictors of market outcomes, say University of Michigan researchers. In a new study, "Marketing Activity, Blogging and Sales," Puneet Manchanda and Hiroshi Onishi of Michigan's Ross School of Business looked at the interaction of mainstream television advertising, consumer-generated media such as blogs and the sales of new products. [Read more...]