Showing 20 of 22 articles
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IRISH UNICORN
Cory Rellas, a finance alum from the University of Notre Dame, co-founded the e-commerce platform Drizly, which revolutionized alcohol delivery after launching from a simple text suggestion among friends. Beginning as a side project while Rellas worked at Bain Capital, Drizly grew into the leading on-demand alcohol marketplace in the U.S. and was sold to Uber Technologies for $1.1 billion in February 2021. Rellas reflects on the challenges faced during the startup's journey, including early launches and the invaluable support from mentors and local businesses.
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ND BUSINESS BRIEFINGS
Mendoza College of Business has introduced the ND Business Briefings, a new online column that shares updates on the careers of its alumni. Each month's edition includes a mini-profile of a Mendoza graduate, news on alumni achieving notable career milestones like landing executive roles or board appointments, and personal honors. This month, the column features Cory Bailey (MBA '18), whose startup SecurSpace was recently acquired by Envase Technologies, and Adrianna Stasiuk (MBA '12, BBA '08), who has made a significant career move in wealth management. Alumni are encouraged to share their own career
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NEVER TOO YOUNG TO LEARN
three key lessons for teaching kids about investing. Starting with the power of slow, steady investing and compounding, parents can instill the importance of patience over quick gains. The piece emphasizes practical strategies that show children how to think long-term about managing money, rather than just saving for immediate desires. The insights are rooted in real experiences, making them relatable and actionable for families looking to cultivate a strong financial understanding in their children.
Research - THE ROAD NOT TAKEN
New research reveals that nearly half of all workers frequently consider alternative careers they didn't pursue, which can significantly impact their productivity. This study sheds light on the choices individuals make at pivotal moments in their professional lives, often leading to regret and a sense of wondering about the paths not taken. By examining the concept of "foregone identities," the authors highlight how lingering feelings about these unchosen careers affect people's satisfaction and engagement at work.
RESEARCH ROUNDUP
Mendoza research offers insights into various business challenges, from the high-stress conditions faced by healthcare workers during COVID-19 to the effects of mobile rewards programs on consumer loyalty. Notable findings include the complex timing strategies of automotive recalls, the influence of past earnings on investor optimism, and the surprising disconnect between college degrees and job satisfaction. Additionally, entrepreneurs in emerging markets benefit significantly from partnering with volunteer marketers, while audit quality can be compromised by a focus on non-audit services.
Research: A TARGETED APPROACH
Early cancer detection can lead to significantly better patient outcomes, yet low screening rates remain a persistent issue, particularly among underserved populations. A new study led by marketing researcher Yixing Chen aims to tackle this challenge by evaluating how targeted marketing strategies can encourage greater participation in screenings for various cancers, potentially saving lives and improving the efficiency of healthcare spending. With staggering statistics showing that many eligible individuals have never been screened, understanding the role of marketing in changing these behaviors is becoming crucial.
Research: CHARTING THE COURSE TO YOUR CALLING
Matt Bloom, a researcher from Notre Dame, has engaged with clergy, doctors, teachers, and aid workers across 22 countries to explore what it truly means to have a "calling." The insights he gathered, particularly during the COVID-19 pandemic, shed light on how people's relationships with work and their search for meaning have evolved. Bloom emphasizes strategies to navigate this search effectively, while also addressing common pitfalls that can arise in the pursuit of meaningful work.
Research: TRACKING DEVICES
As concerns about personal location data privacy grow, recent research sheds light on how consumers perceive the tracking of their movements. Kirsten Martin, a professor at Notre Dame, reveals that while many individuals value privacy in sensitive situations, like political activities, they may not mind location sharing in familial contexts. Despite ongoing discussions around regulations, Martin notes that a lack of public understanding remains about how location data is handled, with widespread discomfort over third-party data brokers collecting such information.
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SNAPSHOT
Ken Milani, a beloved accountancy professor at Mendoza, combines his deep love for the Chicago Cubs with a lifelong commitment to service. His office is a treasure trove of Cubs memorabilia, including hats, jerseys, and a quirky 12-inch Charlie Brown PEZ dispenser. Beyond his fandom, Milani has dedicated decades to supporting low-income residents through the Tax Assistance Program he co-founded, showcasing his passion for both baseball and community care.
Mendoza News
STUDENT LIFE
Allan Njomo, a junior studying business analytics, was recently elected as Notre Dame's student body president, advocating for diversity and inclusion on campus. In other updates, business professors and students have utilized analytics to improve safety in sports venues, a team of women in the MBA program secured a win in the Everyone's Business Global Case Competition, and several students have received recognition from Poets & Quants for their achievements in business studies. Additionally, a group of MS in Business Analytics students triumphed in the inaugural Crossroads Classic Analytics Challenge.