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Faculty News
After 34 years at Notre Dame, Frank Reilly, the Bernard J. Hank Professor of Finance and former business dean, prepares for retirement. Reflecting on his career, he shared heartfelt gratitude for his students, colleagues, and mentors who shaped his journey. Reilly's story highlights the impactful relationships and experiences that defined his time at the university, demonstrating his dedication to education and community.
Faculty News
Jim Leady reflects on the difficult emotions tied to his military deployments, sharing both the weight of separation from his family and the unique challenges of his role as a logistics officer. With his latest assignment in Kuwait, he prepares to navigate a nine-month separation from his wife and children, expressing the profound impact of leaving them behind. Balancing his dedication to service with the emotional toll of deployment, Leady's journey reveals the complexities faced by military families in times of duty.
Faculty News
Accountancy researcher F. Asis Martinez-Jerez argues that traditional negotiation strategies are outdated, particularly in fast-paced markets. His paper, "Rewriting the Playbook for Corporate Partnerships," suggests a new approach called "adaptive strategic partnerships," where companies like Bharti Airtel are redefining vendor relationships by taking calculated risks, sharing information, and incentivizing vendors through profit-sharing agreements. This adaptable model allows businesses to become more flexible and competitive, especially in dynamic environments.
Faculty News
Fifteen years after launching its Plus loyalty program, Kroger has seen significant customer engagement, with around 90 percent of its shoppers using the card for discounts tailored to their preferences. While this approach has proven beneficial for Kroger and its customers, research indicates that many retailers, particularly smaller ones, are not leveraging customer analytics to the same extent, potentially missing out on valuable insights. A study led by Frank Germann reveals that investing in customer analytics drives performance improvements across various industries, with retail standing to gain the most, yet many retailers remain hesitant to adopt these strategies.