Fisher Forward, Summer 2024

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Greetings from The Ohio State University Max M. Fisher College of Business!

I am pleased to share with you the inaugural edition of Fisher Forward, our semesterly newsletter highlighting some of the many bright spots within our community of Business Buckeyes. By launching this publication, we hope to share with you ― our colleagues, partners and friends ― the very best news that Fisher has to offer.

From our talented students, engaged alumni, experiential programs and world-class researchers, I hope Fisher Forward provides you with just a glimpse of what we’re doing to create the next generation of principled leaders!

The Max M. Fisher College of Business

The Ohio State University

We are creating the next generation of principled leaders.

WE ARE FISHER

We are driving successful student outcomes.

MBA programs see surge in rankings

Increased flexibility and innovative enhancements designed to drive successful student outcomes are at the heart of Fisher’s march up the recent U.S. News & World Report Best Graduate School rankings.

The Working Professional MBA (WPMBA) was ranked #5 among part-time programs at public colleges and universities (#10 overall) ― marking the third time in the last five years it was selected as a top-10 program.

Fisher’s Full-Time MBA (FTMBA) program saw significant improvement in its standings in the annual rankings, climbing to #11 among public institutions (#30 overall). The FTMBA improvement was driven, in part, by record-breaking starting salaries reported by recent alumni.

“We are proud that the hard work of so many associated with our MBA programs is reflected in these rankings,” said Anil K. Makhija, dean and John W. Berry, Sr. Chair in Business. “We have been intentional in how we have enhanced both programs to provide students with graduate business degree experiences that leverage the strengths of our college. The result is an MBA that’s more flexible, experiential and career-focused than ever before.”

U.S. News & World Report also ranked academic specialties within Fisher’s graduate programs: accounting (#4 among publics), production/ operations (#4); supply chain/logistics (#5); marketing (#6); finance (#6); and management (#15).

The graduate programs were among many other degree offerings at Fisher that have been recently recognized in U.S. News & World Report rankings, including: Undergraduate (#7 among publics), Executive MBA (#10) and Online Non-MBA program, namely Specialized Master in Business – Analytics (#20).

Take a deeper dive into the full story: go.osu.edu/FisherRankingsSurge

Fisher’s rigorous academic programs and contributions to world-class research are consistently recognized as among some of the best in the world.

PROGRAM RANKINGS

UNDERGRADUATE PROGRAM

7TH

among public universities

U.S. News & World Report, 2023

WORKING PROFESSIONAL MBA

5TH

among public universities

U.S. News & World Report, 2024-2025

FULL-TIME MBA PROGRAM

11TH

among public universities

U.S. News & World Report, 2024-2025

EXECUTIVE MBA

10TH

among public universities

U.S. News & World Report, 2022

SPECIALIZED MASTER IN BUSINESS - ANALYTICS

20TH

best online master’s business program among public universities

U.S. News & World Report, 2023-2024 (non-MBA ranking)

More rankings: go.osu.edu/FisherRankings

Honors Cohort Women in Business Summit connects students with power players and possibilities

Given the opportunity to experience New York City and connect with the business leaders who live, work and play there, where does a group of Ohio State students start?

They turn to a sisterhood of professionals ― proven leaders in finance, consulting, technology, lifestyle and the fashion industries ― who are committed to shaping and empowering the next generation of business leaders.

“When you see someone like you who, as a woman, is successful, you realize that if they can do it, you can do it too,” said fourth-year finance student Alyse Cok.

Cok was one of 19 Fisher students who traveled to New York City as part of the Honors Cohort Women in Business Summit. The threeday experience provided the students with access to recognized and established business leaders who shared insights into a number of industries and topics, including entrepreneurship, finance, unexpected career paths and making it to the top. The event also was a forum to discuss challenges unique to women in business and to share strategies to overcome barriers, inspire leadership and drive success.

“My hope for the Summit was twofold ― that each student walks away empowered by the insights and personal experiences shared; and the professionals who dedicated their time are encouraged by the talented young women destined to make positive impacts as tomorrow’s business leaders,” said Paula Bennett (BSBA ’71), former CEO of J.Jill and a Summit sponsor.

Take a deeper dive into the full story: go.osu.edu/FisherWomenSummit

Proven leaders in finance, consulting, technology, lifestyle and the fashion industries are committed to shaping and empowering the next generation of business leaders.

SISTERHOOD OF PROFESSIONALS

Encouraging recycling participation while reducing household recycling contamination.

RECYCLING CONTAMINATION REDUCTON

Paper, plastics and penalties: How audits can improve curbside recycling

The success of curbside recycling programs relies on consumers knowing what is recyclable. But what’s the best way to keep non-recyclables from contaminating the delicate recycling stream?

New research from Operations and Business Analytics Professors Erin McKie and Aravind Chandrasekaran reveals that a combination of education and penalization is surprisingly effective at reducing household recycling contamination ― and doesn’t discourage overall participation.

To get a better idea of how well households are recycling, the researchers reviewed curbside audits conducted by a consulting group in Columbus, Ohio. During the auditing process, inspectors examined recycling bins for things that didn’t belong and offered two responses when finding a contaminant:

• The household received a cart warning, wherein their recycling bin was tagged with an information card highlighting which item(s) were improperly recycled (information-only).

• The household received a cart refusal, wherein their recycling bin was tagged with an information card, and, in addition, the household’s recycling bin was not emptied (information-plus-penalty). In this case, the resident was required to remove the contaminant to receive service in the future.

The research team found that, despite popular belief, the informationplus-penalty mechanisms (cart refusals) were very effective. Specifically, households that received this punitive feedback reduced their contamination severity by 59% and were 75% less likely to commit a violation in the future.

Additionally, they found that household recycling participation behavior did not decrease after households received a punitive feedback mechanism.

Take a deeper dive into the full story: go.osu.edu/FisherRecyclingStudy

Research: Building global supply chains can be a win-win for U.S. middle market firms

Research from the National Center for the Middle Market (NCMM), in collaboration with the Center for International Business Education and Research (CIBER) at The Ohio State University Max M. Fisher College of Business and Visa, reveals the benefits and costs associated with building a company’s global supply chain.

The research, led by Professor of Logistics Michael Knemeyer, found that in 2023, one out of every five middle market company expanded into new international markets. That number is expected to grow in 2024, with 45% of sellers say they are looking to expand their international supply chain presence, while 37% of purchasers look to do the same.

While middle market businesses that have international supply chains are largely satisfied with their experiences and acknowledge the importance of diversification, business beyond domestic borders is not without challenges and risk. While 37% of responding purchasers cited longer lead times as their top challenge, sellers cited quality control as their top challenge within their international supply chains.

Another challenge revealed by the research is the struggle to hire domestic employees with international supply chain expertise. Mid-size companies that purchase or sell internationally have a clear need for domestic employees with international supply chain experience, with language proficiency cited as being particularly critical, along with international awareness and cultural competence.

Take a deeper dive into the full story: go.osu.edu/DoubleEdgeSupplyChain

The benefits and costs associated with building a company’s global supply chain.

BUSINESS BEYOND BORDERS

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