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This column by The Atlanta Journal-Constitution columnist Matt Kempner quotes business expert Peter Klein, Ph.D., professor of entrepreneurship in Baylor’s Hankamer School of Business and Senior Research Fellow with Baylor's Baugh Center for Entrepreneurship and Free Enterprise. Kempner asked several business and management professors to discuss President Trump’s management style. Klein said Trump's "style and manner is the dramatic departure from predecessors, not so much his policy." And regarding the differences in government versus business? “I understand the wish to make agencies more efficient,” Klein said. “But at the end of the day, government organizations are not like businesses.” ABOUT PETER KLEIN Peter G. Klein is Professor of Entrepreneurship at the Hankamer School of Business, Baylor University, and Senior Research Fellow with Baylor's Baugh Center for Entrepreneurship and Free Enterprise. His research focuses on the links between entrepreneurship, strategy, and organization, with application to innovation, diversification, vertical coordination, health care, and public policy. Source:
Another Big Short or Better Off? 10 Years Later – Is there Another Financial Crisis Looming?
It was 10 years ago Wednesday that the world changed for just about everyone. It was on that afternoon when BNP Paribas announced it was ceasing activity in three hedge funds that specialized in U.S. mortgage debt. BNP Paribas was the first major bank to acknowledge the risk of exposure to the sub-prime mortgage market, and many look back at those days as the start of the worst financial crisis in American history since the stock market crashed in 1929. For a decade, America has been in a state of recovery. It took trillions of dollars in stimulus and bail outs. The real estate market almost collapsed on itself and millions were left unemployed. Some are still incapable of finding work and income that matched what they made back then. On the outside, America seems to be in complete recovery. Housing prices have bounced back, the DOW is soaring and unemployment rests at just 5.1 percent. However, some are skeptical. Americans are borrowing again at record rates. Credit is once again being offered abundantly and as people spend again – risk is climbing. Add in China’s shaky economy and there’s also talk of a double-bubble bursting. Understanding finance and economics is no easy task. It takes global understanding, a keen eye on micro and macroeconomics and sometimes a crystal ball. But on Wednesday, many people will remember exactly what they were doing when America’s economy tanked. So where are we now? Have we learned our lesson or are we doomed to repeat ourselves? Have the reforms on Wall Street worked or can the actions of a few big banks still derail one of the strongest financial engines in the world? None of these are easy questions to answer or explain. But experts from Missouri State University can help. Dr. David Mitchell is a Professor of Economics and Director of the Bureau of Economic Research at Missouri State. He is also an expert at economic forecasting and understanding market trends and direction. Dr. Mitchell can speak to the anniversary of the financial crisis and what may lie ahead for America’s economy. Click on his icon to arrange an interview. Source:
North Korea Rejects South Korea's Call For Talks: How High Will Tensions Escalate?
North Korea has been in the news a lot lately. Saber rattling, political posturing and missile testing by the hermit state have led to escalating tensions between the United States, South Korea and even neighbouring China. Earlier this month, Pyongyang claimed it successfully tested an ICBM, for the first time, of the type that experts believe could reach Alaska. But as the situation looked to boil over, tensions may have had a chance at simmering. Tongilgak - a North Korean building in the Panmunjom compound in the demilitarized zone between the two countries, which has been used for previous negotiations, was suggested by the South Koreans as a destination for talks between North and South Korea aiming to stop 'all hostile activities that raise military tension.' By early Friday morning, all intelligence indicated – that offer was rejected. The two countries that have been bitter enemies since 1950 remain opposed and unwilling to compromise. There’s a lot at stake – safety, the threat of global war and between the two countries, some families are still divided and incapable of meeting after more than half a century. So, is there a chance the two sides can find a diplomatic solution? Is this rejection just another tactic by North Korean leader Kim Jong Un to leverage more from the west in order to speak? Does North Korea have the ability to launch a missile that may reach American soil? There’s a lot more to this new alignment than a simple agreement and that’s where Missouri State University experts can help. Dr. Dennis Hickey is a global studies expert specializing in Asian politics and American foreign policy. He is a go-to source when media agencies require clear perspective and answers regarding this complex situation and region. Dr. Hickey is available for interviews. Click on his icon to contact him. Source:
Signed Off - Bass Pro Finally Reels in a Deal
Earlier this week, federal regulators finally signed off on the approval for Bass Pro to acquire rival Cabela’s for a projected $4 billion dollars. The deal includes Cabela’s retail and online properties, as well as the lucrative credit card unit that is part of the chain. Cabela’s shareholders are expected to vote July 11 on whether to accept the privately held Bass Pro’s offer of $61.50 per share. So, what will this mean for Cabela’s 82 locations and Bass Pro’s 95 retail stores? With Bass Pro’s one major rival acquired, how will it affect prices, competition and loyal customers? As well, with any acquisition or merger, there will be duplication. What can Bass Pro employees in Missouri or the 2,000 Cabela’s staff in Nebraska expect? There are many questions to be answered. This is where Missouri State University experts can help. Dr. Jeff Jones is an Assistant Professor in Finance and General Business at Missouri State. An expert in corporate finance, Dr. Jones has spoken with media previously regarding this developing business story. Simply click on his icon to arrange an interview. Source:
Baylor Expert on Founding Fathers Discusses Ben Franklin's Faith in New Book
What the Founding Fathers believed about God and religion has long been a subject of debate and fascination, and Benjamin Franklin’s beliefs in particular may have the widest variety of interpretations among his peers. As multi-faceted as Franklin’s life was — he was a printer, diplomat, scientist and more — his religious beliefs were perhaps even more complex. From his Puritan upbringing to deism, skepticism and more, Thomas Kidd, Ph.D., Distinguished Professor of History at Baylor University and Associate Director of the Baylor Institute for Studies of Religion, explores the influences and evolution of faith throughout Franklin’s life in the new book: "Benjamin Franklin: The Religious Life of a Founding Father." In a column for The Wall Street Journal, Kidd wrote of Franklin: "In today’s polarized political and religious environment, some pundits seek to remake the Founding Fathers in their own image. Benjamin Franklin’s example reveals that the historical truth is often more complicated." Source:
Higher Education - A matter of national security?
With increasingly sophisticated and widespread cyberattacks in the news, what role must higher education play in developing the future cyber workforce? Located at the center of federal cybersecurity assets, the city of Augusta is already growing into a global cyber hub. Now, a new school at Augusta University will prepare the next generation of cyber professionals — right here in Augusta. Augusta University President Brooks Keel announced a new School for Computer and Cyber Sciences that will provide opportunities for students to work with the state cybersecurity professionals. The announcement comes just days after breaking ground on a new state-owned 168,000-square-foot, $60 million cyber innovation and training center at Augusta University's Riverfront Campus. "With hands-on research and internship opportunities not found anywhere else, we have the opportunity to revolutionize cybersecurity education in Georgia and make Augusta a leading hub for cybersecurity innovation," Keel said of the new statewide effort, dedicated to develop the workforce and infrastructure needed to protect our nation from cyberthreats. Augusta University's new school launches July 1, but will move into the Hull McKnight Georgia Cyber Innovation and Training Center upon completion in 2018. "The school will benefit more than 300 current computer science and information technology students, who will have the opportunity to work hand-in-hand with industry, the departments of industry and defense, and state cybersecurity professionals and tech startups," Keel said. How else is Augusta University responding to the need to develop highly skilled, technical workers? How can academia, government and industry partner to develop educational opportunities that are critical to enhancing the nation's cybersecurity? Dr. Brooks Keel is available for interviews on the future of cybersecurity education. Click on his icon to arrange an interview. Source:
Q&A: Baylor Professor and Author Talks about ‘Living with the Living Dead’
Quick, before it’s too late! May is Zombie Awareness Month — so it’s high time for people to prepare for a zombie pandemic. But that’s more than a heads-up for those who are passionate about zombies. Those who yawn at the notion of zombies also have reason to take notice, suggests pop culture critic Greg Garrett, Ph.D., of Baylor University. To answer the question of “Why should we care?” when it comes to zombies, he advises looking deep inside ourselves. Garrett is author of the new book “Living with the Living Dead: The Wisdom of the Zombie Apocalypse” — one of three trade books featured in the United States for 2017 by Oxford University Press, one of the world’s largest academic publishers. Garrett, professor of English in Baylor’s College of Arts & Science, shared some of his thoughts about zombies past, present and future in this Q&A Source:
When Your Spouse Calls and Interrupts Your Workday, Is That a Good Thing?
Consider these scenarios. You’re focused on an important project at work and your phone rings. It’s your spouse. You’ve just finished dinner with your family and you’re cleaning up the table. Your phone buzzes. An email from your boss. Are these interruptions of your work and family time harmful or helpful? Yes and no, according to a new Journal of Management study spearheaded by work-life balance expert Emily Hunter, Ph.D., associate professor of management in Baylor University’s Hankamer School of Business. “Our results demonstrate that the effect of interruptions in the work and home domains are twofold: On one hand, they may lead to unwelcome consequences, including obstruction of goals, negative affect, decreased satisfaction with investment in work and family and work-family conflict,” researchers wrote. “On the other, greater integration of work and family may afford workers increased positive affect, as these interruptions help them meet certain work or family goals.” Hunter said technology is blurring the boundaries between work and family, and this can have daily consequences on workers. “When you give to one domain, you must take from the other. There are only so many hours in the day,” Hunter said. “Interruptions from family ‘take’ from work in the form of work goal obstructions, negative emotions and lower satisfaction with investment in work.” When work invades family time, employees can use that to their advantage as well, Hunter said. “Workers who work from home in off-job hours can also benefit from managing co-worker expectations about availability after hours, setting aside time after children go to bed to accomplish work tasks with minimal obstruction to their family role and setting limits on hours of smartphone use for work purposes,” she said. Source:
With the return of warm weather and mosquitoes, the Zika virus is also sure to make a comeback in the United States. Spread through the bite of a mosquito, Zika can cause fever, rash, headache, joint pain, conjunctivitis and muscle pain in those infected, and unborn children are at the highest risk. Zika – which can cause birth defects and encephalitis in unborn children – was found in pregnant woman in 44 states across America. Last year 77 unborn children died in the womb due to Zika, and 51 others were born with Zika-related birth defects in the United States alone. Furthermore, a recent report from the Centers for Disease Control and Prevention found that one in 10 pregnant women with Zika gave birth to a child with serious birth defects. Zika may be a new reality during the spring and summer, and it’s likely not going away. But what can be done? Is there a vaccine? Are there ways to prevent the spread of the virus? What should young mothers do and who is the most at risk? There are many questions and much to learn. This is where the experts at Augusta University can help. Dr. Jose Vazquez is an expert in the realm of infectious diseases. He studies and treats infectious diseases, including antibiotic-resistant superbugs and fungal infections. A leader in his field and a go-to expert for media regarding this topic, Dr. Vasquez is available to speak with media regarding the Zika virus. Click on his icon to arrange an interview. Source:
Mission to Mars – Pack Light on Materials and Heavy on Innovation
On Tuesday May 09, the Humans to Mars Summit kicks off in Washington D.C. This will be a meeting of some of the most powerful, brilliant, creative, scientific and corporate minds on earth. Together they are working on a way that someday soon we will visit Mars. Since 2010 this expanding group is realizing that exploring the red planet is within their grasp and possible during our lifetime. To get there, it will take innovations in science, technology and engineering like we have not seen in generations. Virginia Commonwealth University’s School of Engineering is part of a team that is making this trip a reality. The NASA-sponsored multidisciplinary Space Technology Research Institute (STRI) is working on new a composite material that makes use of engineered carbon nanotubes and will be much lighter—but much stronger—than what is currently available. Space craft need to exit and re-enter atmospheres. To do so, they need to be strong or the results are disastrous. Space travel and the concept of exploring other planets is high science and not easy for most earthly mortals to comprehend. That’s where the experts at VCU’s School of Engineering can help. Ibrahim Guven, Ph.D., assistant professor in the VCU School of Engineering Department of Mechanical and Nuclear Engineering, is an expert on peridynamics, a branch of mechanics that looks at the effect of deformities and fractures. Peridynamics is essential to planning for space travel and to understanding what it takes to get from Earth to Mars. He can explain these concepts in a simple manner and is available to speak with media. Simply click on his profile to arrange an interview. Source:
