Guided by the mission of impacting practice and informing debate, Georgetown McDonough faculty and staff regularly lend their thought leadership to the press. Additionally, students often share their advice and experiences to educate others about the McDonough community and how they are making an impact on the world.
According to the U.S. Census Bureau, the rate of ecommerce sales has doubled in the past 10 years and is expected to continue at that rate in the coming years. As such, online reviews and recommendations are becoming an increasingly important part of the consumer buying journey. The research, conducted by Georgetown's Senior Associate Dean of MBA Programs Prashant Malaviya, Associate Professor Debora Thompson and Assistant Research Professor Chris Hydock, will measure how consumer behavior changes when they're able to see detailed credentials (place of employment, expertise, etc.) for the individuals who are leaving product recommendations.
To gain more insight into what Georgetown McDonough does to rank so well with recruiters, we interviewed Prashant Malaviya, the senior associate dean of MBA programs. Read on for his in-depth overview of how McDonough prepares their MBA students to be leaders and problem solvers in an ever-changing business world.
Tesla is “no longer the nice shiny object and no one else has one like it,” said Rohan G. Williamson, a professor of finance at Georgetown University’s McDonough School of Business. “The competition are experienced auto producers that have already taken care of their overhead and now they can produce cars.”
Most barter deals are struck when conventional avenues are blocked. says Michael Czinkota, an associate professor of international business at Georgetown University in Washington.
He says this is also the case for other trade deals that are not straight cash payments, which are known collectively as "countertrades". These can include a simple mix of barter and money, to pledges of future investment or purchases.
"The starting point for countertrades is always that something is wrong with the traditional system," he says. "The companies I talk to who do countertrade say if they could do everything they do for money that would always be their first preference."
Georgetown University McDonough School of Business: Steers Center for Global Real Estate- Georgetown McDonough’s MBA program features a specialization in real estate and the opportunity to work with theSteers Center for Global Estate, which offers “unparalleled access to the real estate industry at a global level” and a “multi-faceted approach that harnesses the best of Georgetown University and the Washington, D.C. real estate market.” The McDonough real estate MBA “boutique program” boasts “relationships in the private sector from around the world” that “engage students in practical, real-world experience. Thecurriculum includes courses in four different quadrants coupled with up to four modules — a total of eight courses in the subject — with coursework that includes Real Estate Public Equity, Real Estate Private Equity, Real Estate Public Debt, and Real Estate Private Debt, as well as a Real Estate Clinic.
On the other hand, when companies disregard the needs of new parents it can “cause employees to lose focus, be less engaged and have health problems,” according to Georgetown University’s McDonough School of Business Professor, Christine Porath. As the race for human capital heats up, companies can create a competitive advantage by making every day Mother’s and Father’s Day.
For Laura Morgan Roberts, a professor of management at Georgetown University and a former Harvard faculty member, networking and connections were instrumental in helping her get a job at a top b-school, like HBS.
Yet, she says, not all African-American academics are as lucky as her.
“The data tells me it is brutal,” Morgan Roberts tells the Boston Globe. “It’s still incredibly difficult for an African-American Ph.D. to be hired at one of the top business schools.”
An op-ed by Anna Maria Kovacs, senior policy scholar, Center for Business and Public Policy: “The Federal Communications Commission (FCC) has announced the results of Auctions 101 and 102, the auctions of spectrum in the 28 GHz and 24 GHz bands respectively. There were 33 winning bidders in the 28 GHz auction and 29 winners in the 24 GHz auction. Including their prior holdings, three national carriers—AT&T, T-Mobile, and Verizon--now have licenses to cover all urban Americans and nearly all rural Americans with millimeter wave spectrum and many other entities have licenses to cover various portions of the country.”
Still, tech is under pressure from both sides of the political aisle heading into a 2020 presidential election. Larry Downes, project director at the Georgetown Center for Business and Public Policy, said mergers are as much a publicity calculus as they are a legal one.
“Candidates are always looking for a bad guy and tech has become a convenient target,” said Downes, co-author of “Pivot to the Future: Discovering Value and Creating Growth in a Disrupted World.” “You’ve got candidates that are going to rail against them — I suspect they would weigh that even more heavily than the delay and the cost of doing a big transaction.”
Ricardo Ernst, professor of operations and director, Global Business Initiative discussed recent U.S. policy negotiations with Mexico to impose tariffs on Mexican imports to reduce immigration at the U.S. border.
Sean Blair, Ph.D., Assistant Professor of Marketing, McDonough School of Business, Georgetown University: “I think it depends on how far back you go. In the 70’s and 80’s, American Express was solidly positioned around status, prestige, and high-end benefits (i.e., “membership has its privileges”). Even through the early 2000’s, American Express was still seen by many as the “premium” or “luxury” credit card brand. In the wake of the Great Recession, however, increased competition for affluent customers from issuers like Chase and Citi started to erode Amex's dominance in the premium-card space. They also recently lost a lucrative partnership with Costco, which certainly hasn’t helped improve their reputation for being the least-accepted credit card. That said, Amex is still a very strong brand, and they’re fighting to keep it that way. According to some figures I’ve seen, Amex spent over $2.5 billion on marketing last year, which was an increase of almost 25% over their spend in 2017. Part of their challenge going forward will be competing for the affluent and emerging-affluent Millennials, a segment where Chase has made some very strong inroads recently with the launch of their premium Sapphire Reserve card.”
An article from Melissa Bradley, adjunct professor: “From Uber to Airbnb, peer-to-peer business models are often at the center of discussions about where the future of work may be headed. Their rise has prompted new studies of what it takes for such peer-to-peer arrangements to contribute to shared prosperity.”
“What they’ve proposed is a big step forward over what we’ve got now,” said James Angel, a professor at Georgetown University’s McDonough School of Business who’s an expert on financial markets regulation.
Another way for business schools to fend off the competition from other executive education providers is to form partnerships with bodies that need to train senior officials. One example is the partnership established by Georgetown University’s McDonough School of Business in Washington DC and the US Financial Industry Regulatory Authority to run the Certified Regulatory and Compliance Professional programme.
This is the first year Georgetown’s McDonough School has been involved, but the programme has been around for nearly 20 years and has an active network of 1,200 alumni. As it is the only such programme for compliance professionals, it attracts people from a range of roles, such as investment advisers, compliance professionals and industry regulators. Although it is focused on US market regulations at the state and federal level, it is also relevant for overseas regulators dealing with that jurisdiction, which in turn adds to the quality of the discussion and depth of knowledge shared in each session, according to the course organisers.