Tag: collaboration

In part two of the 2016 Rosenblatt Lecture series, Jan Van Mieghem, the Harold L. Stuart Professor of Managerial Economics and Professor of Operations Management, Managerial Economics & Decision Sciences at Northwestern University’s Kellogg School of Business, explains how the prioritization of individual preferences (i.e., the way in which tasks are performed by healthcare professionals) can reduce throughput, or the number of patients serviced.  This lack of emphasis on collaboration and multitasking can result in decreased efficiency and, therefore, increased costs in the healthcare process.   Read full article  •  Watch part I

The Rosenblatt Lecture series was established in 2003 to honor the memory of Meir J. Rosenblatt, who taught from 1987 to 2001 at Olin Business School as the Myron Northrop Distinguished Professor of Operations and Manufacturing Management. A leader among faculty, Rosenblatt often won the Teacher of the Year award at Olin and authored the book “Five Times and Still Kicking: A Life with Cancer,” having battled cancer multiple times throughout his life.

Fast Company Design examines new research from Olin’s Markus Baer and co-author Graham Brown of the University of Victoria that delves into the question of who gets credit for an idea in the workplace and how that affects individual input on collaborative team projects.

Not surprisingly, the researchers find that people offer less creative advice on an assignment when they know they won’t be getting credit for it. But when some participants are asked to contribute input to a project that does not have one owner who can claim all the credit, they freely share creative and collaborative ideas. Interesting nuances in human behavior and mindsets towards collaboration are further explored in the research with implications for forming the most creative teams and motivating employees.

Read the article, “The Dark Side of Taking Credit for Your Work” published July 14, 2015.

IdealTap, a medical device that would make spinal taps easier and more efficient for the patient and physician, has won $25,000 in cash in the 2015 Discovery Competition​ in the School of Engineering & Applied Science at Washington University in St. Louis. Two Olin undergrads are members of the winning team.

The IdealTap team has developed a chair that can rotate a patient from a seated, upright position during a spinal tap procedure to lying on his or her side without the need for extra personnel or tools. Team members are:

• Matthew Burkhardt, a senior majoring in applied science (systems science & engineering) with a minor in biology;
• Mason Meiners, a senior majoring in mechanical engineering with minors in finance and energy engineering;
• Yuni Teh, a senior majoring in biomedical engineering and applied science (electrical engineering);
• Lindsay Kaminski, a senior majoring in marketing and entrepreneurship in the Olin Business School with a minor in art; and
• Esther Koh, a junior majoring in finance and healthcare management.

Article by Beth Miller; for complete details on the Discovery Competition, click here.

Leaders in the financial industry appreciated Professor Xiumin Martin’s presentation of her paper Internal Information Asymmetry, Internal Capital Markets, and Firm Value at the December 9, 2014 Praxis luncheon.  A lively Q&A session ensued.

Bloomberg Businessweek ranks Olin Business School at Washington University in St. Louis #4 in Intellectual Capital (the volume of faculty research published in top business journals), among the best business schools in the country.

“Praxis” is the application of theory or ideas, and it’s the name of our annual publication that features faculty research that is relevant to business managers today. Research put into practice is at the heart of the collaborative relationship between Olin Business School and our Corporate Partners. Let’s work together to make business better.

Read Olin Praxis here and watch this video of Prof. Martin talking about her research on information asymmetry.

Contact Dorothy Kittner for more information at kittner@wustl.edu or 314-935-6365.

When faculty, medical and engineering students collaborate to design solutions for problems in clinical medicine and healthcare delivery they combine powerful knowledge and perspectives that often develop prototypes in one semester. Members of Wash U’s IDEA Labs explain how the collaboration works and talk about projects that are helping patients in this episode of the Domain Tech Report on Techli.com.

http://youtu.be/JC4qVQ9XLBM