Business and Society with Michigan Ross - podcast cover

Business and Society with Michigan Ross

Welcome to Business and Society from the Stephen M. Ross School of Business at the University of Michigan. In this podcast, professors from Michigan Ross share their insights about the ways that the business world interacts with our broader society. Each episode features a small panel discussion addressing a current issue or problem facing our world, followed by a one-on-one interview with another professor about some of their vital research.

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Episodes

Episode 310 — The Changing Media Landscape

In the season finale of Business and Society, recorded live at the University of Michigan MaizeXBlue Conference , host Jeff Karoub sits down with a panel of experts to discuss the changing media landscape. Sarah Zimmerman, Lecturer of Business Communication at Michigan Ross and professors Yanna Krupnikov and John Barry Ryan from the College of Literature, Science, and Arts give their insights on the fragmentation of traditional mainstream media, the rise and evolving role of influencers, and the...

Jun 25, 202533 minSeason 3Ep. 10

Episode 309 — AI Opportunities

Professor M.S. Krishnan of Michigan Ross and Professor Shobita Parthasarathy from the Ford School of Public Policy join this episode to discuss opportunities AI brings to the business world and some of the challenges and functions in which AI needs guardrails. Topics covered include the transformation of labor, developing technology in a way that centers and serves people, and the role of AI in education. The experts discuss interacting with AI critically and with personal responsibility, in a w...

May 29, 202540 minSeason 3Ep. 9

Episode 308 — Corporate Governance

Michigan Ross Professors Andy Hoffman, Cindy Schipani, and Norm Bishara join this episode of Business and Society to discuss their research and expertise related to corporate governance — the systems and regulations that allow a company to operate with accountability, transparency, and fairness. The panel explores how businesses and public policy intersect to set these guardrails, and the importance of supporting innovative regulation for the sake of all stakeholders — shareholders, employees, c...

Apr 25, 202534 minSeason 3Ep. 8

Episode 307 — Importance of Truth: Research, Financial Reporting, and AI W/ Professor Jerry Davis

On this episode of Business and Society , Jerry Davis, professor of management and organizations and faculty director of the Business+Impact initiative, returns to the podcast to discuss his research. He covers the impact generative AI has on scientific publishing and the ways corporate annual reports distort data to create an inadequate picture of today’s economy. The discussion closes with a plea for recognizing the importance of well-funded, nonpartisan, faithful information to better underst...

Mar 13, 202532 minSeason 3Ep. 7

Episode 306 — AI Business Challenges

Professors Nigel Melville from the Ross School of Business and Yousif Hassan from the Ford School of Public Policy join this episode of Business and Society to discuss the challenges of artificial intelligence. They explore the varied and emergent nature of risk associated with AI, the challenges of governing a rapidly developing technology, layoffs, human agency, systemic biases, and the environmental toll of data centers. The panel focuses on the desire for transparency surrounding AI’s implem...

Feb 21, 202540 minSeason 3Ep. 6

Episode 305 – Could AI Help Teachers in 2025?

Professor Sam Keppler joins this episode of Business and Society to discuss her most recent research on the use of AI in K-12 classrooms. In her research, Keppler explores how technological advancements and operational strategies can improve the effectiveness, efficiency, and impact of K-12 education. In a recent paper, Keppler and her co-authors studied how AI tools such as ChatGPT can be used in K-12 classrooms throughout the United States. In following 24 teachers over the 2023-2024 school ye...

Jan 23, 202524 minSeason 3Ep. 5

Episode 304 – Business of the Holidays

On this episode of the Business and Society podcast, host Jeff Karoub sits down with Michigan Ross professors Scott Rick and Ari Shwayder to discuss the business of the holidays. The panel explores retail therapy as a response to the election, a return to pre-pandemic spending levels on the macroeconomic scale, the holiday shopping habits of “tightwads” vs. “spendthrifts,” and “Amazonification” in conjunction with the rise of online spending. One key topic of discussion was retailers’ ability to...

Dec 18, 202422 minSeason 3Ep. 4

Episode 303 – Michelin Stars, Expert Influence, and Customer Expectations

The Michelin Guide and its infamous star rating system have incredible influence in the culinary world. Many chefs spend their entire careers chasing a star, and financiers see a high rating as the pinnace for a successful investment. But how do the changing tastes of the ultimate culinary tastemakers affect customer satisfaction? In a new paper, Puneet Manchanda, Isadore and Leon Winkelman Professor of Marketing , and collaborators explore the impact of reduced Michelin ratings on consumer sent...

Nov 14, 202419 minSeason 3Ep. 3

Episode 302 — Business on the Ballot

On this episode of the Business and Society podcast, Professors Brian Connolly, Jerry Davis, and Erik Gordon discuss the Ross Financial Times poll, what economic issues matter to voters, and how these issues may impact the 2024 election. Key topics include housing, inflation, the role of partisanship in processing information, and the new tools and algorithms being used to raise prices. To learn more about the hosts, participants, resources, and research discussed in this episode, check out a fu...

Oct 18, 202439 minSeason 3Ep. 2

Episode 301 — Inside the Minds of Voters

On this episode of the Business and Society podcast, three professors from the University of Michigan share their research on the 2024 presidential election. The panel discusses the findings of the polls, surveys, and studies they participate in and provides insights into the unique elements of the Harris and Trump presidential campaigns. Particularly what is important to voters in this ever-changing election cycle. To learn more about the hosts, participants, resources, and research discussed i...

Sep 26, 202446 minSeason 3Ep. 1

Episode 207 – What is Causing the Housing Crisis?

On this episode of the Business and Society podcast, Brian Connolly, assistant professor of business law , and Jennifer Erb-Downward, director of housing stability programs and policy initiatives at the University of Michigan Poverty Solutions, join to discuss their research and thoughts on the housing crisis. Connolly and Erb-Downward explore topics like rising rent, home pricing, gentrification, and more. Throughout the discussion, the panel explores research and insights on the causes of the ...

Jun 06, 202434 minSeason 2Ep. 7

Episode 206 – How Equitable is the Sports Business?

On this episode of the Business and Society podcast, Professors Chris Rider and Stefan Szymanski join to discuss their research and thoughts on recent trends in the sports industry. Both Rider and Szymanski study sports from a diversity, equity, and inclusion perspective. In the episode, they share insights on social responsibility, equitable practices, changing demographics, and economic impact. To learn more about the hosts, participants, resources, and research discussed in this episode, chec...

Apr 25, 202439 minSeason 2Ep. 6

Episode 205 – Reality vs. Perception: 2023 in Review and a Look Ahead to 2024

On this episode of the Business and Society podcast, three professors from the Ross School of Business discuss notable trends from 2023 and the current challenges of 2024 from an economic, behavioral, and political perspective. The major topic of discussion is the friction between the real economy – lowering interest rates, low unemployment rates, and inflation reduction – and consumers perceived experience. The panel shares insights on the discord between the perception and reality of the econo...

Feb 15, 202441 minSeason 2Ep. 5

Introducing: Down to Business With Dean Sharon Matusik

In this new podcast, Sharon Matusik, the Edward J. Frey Dean of the Ross School of Business, invites alums in the C-Suite to discuss their path to business leadership. Listen to the first episode with Robert Isom, MBA ’91, CEO and President of American Airlines: https://myumi.ch/GkmEp . Host: Sharon Matusik Guest: Robert Isom Executive Producers: JT Godfrey, Tedra White Audio Engineer: Jonah Brockman Hosted on Acast. See acast.com/privacy for more information....

Jan 31, 20244 min

Episode 204 - 100 Years of Impact at Ross

On this episode of the Business and Society podcast, three professors emeritus from the Ross School of Business, George Siedel, Thomas Kinnear, and B. Joseph White discuss the Michigan Ross centennial and the impact they witnessed in their historic careers. Through stories of their tenure, the panel explores Ross’ impact on business school curriculum, research, industry, and society. To learn more about the hosts, participants, resources, and research discussed in this episode, check out a full-...

Jan 18, 202448 minSeason 2Ep. 4

Episode 203 — Retail in the Age of Amazon and Machine Learning

On this episode of the Business and Society podcast, three professors from the Ross School of Business discuss the state of retail from a technological, industry, and trending strategy perspective. With the recent technological boom in retail via machine learning, the panel explores how retail has changed in the world of Amazon. To learn more about the hosts, participants, resources, and research discussed in this episode, check out a full-length article for this episode at https://michiganross....

Dec 14, 202333 minSeason 2Ep. 3

Episode 202 — The Labor Movement

On this episode of the Business and Society podcast, two professors from the Ross School of Business discuss the state of labor from an economic, industry, and organizational development perspective. With the recent UAW, SAG-AFTRA, and WGA strikes, they explore the factors of modern labor, advice for future leaders, CEO pay, and more. To learn more about the hosts, participants, resources, and research discussed in this episode, check out a full-length article for this episode at https://michiga...

Nov 09, 202325 minSeason 2Ep. 2

Episode 201 – The State of Banking

On this episode of the Business and Society podcast, faculty from the Ross School of Business and Institute for Social Research at the University of Michigan discuss the state of banking from an economic, policy, and consumer perspective. They explore mergers, rising inflation, consumer trust in banks, the 2023 bank failures, and more. To learn more about the hosts, participants, resources, and research discussed in this episode, check out a full-length article for this episode at https://michig...

Oct 12, 202325 minSeason 2Ep. 1

#108 - The Rise of AI

AI discussion: 01:05-32:52 More information about some of the topics discussed on today’s episode: Study: What's in the Chatterbox? by Johanna Okerlund, Evan Klasky, Aditya Middha, Sujin Kim, Hannah Rosenfeld, Molly Kleinman and Shobita Parthasarathy. Study: Putting humans back in the loop: An affordance conceptualization of the 4th industrial revolution by Nigel Melville, Lionel Robert and Xiao Xiao. And to learn more about other work being done by Michigan Ross faculty, visit our website . Hav...

May 10, 202334 minSeason 1Ep. 8

#107 - What’s Wrong with Taxes? / Spouses and Spending

In this episode, professors from the Ross School of Business at the University of Michigan tackle the question, “What’s wrong with taxes?” They discuss a brief history of taxes in the U.S., why income taxes are so complicated, ideas for reform, and more. Then, Professor Scott Rick talks about his research into the ways that spouses shape each other’s spending habits. Contents of this episode: Taxes discussion: 01:01-33:56 Spending interview: 33:59-38:40 More information about some of the topics ...

Mar 28, 202350 minSeason 1Ep. 7

#106 - Is a Crackdown Coming on Corporate Crime? / The Practical Value of Self-Reflection

In this episode, professors from the Ross School of Business at the University of Michigan tackle the question, “Is a crackdown coming on corporate crime?” They discuss how widespread corporate crime is, what the Department of Justice is doing to prosecute offenders, and the effectiveness of various remedies. Then, Professor Sue Ashford discusses her recent research into the value of self-reflection for people who are functioning as leaders but don’t necessarily have a formal leadership role. Co...

Feb 16, 202346 minSeason 1Ep. 6

#105 - How Can We Thrive at Work This Year? / The Costs of Anti-Asian Bias

In this episode, professors from the Ross School of Business at the University of Michigan tackle the question, “How can we thrive at work in the new year?” They discuss what we mean by thriving at work, trends and changes facing the workplace in 2023, actionable tips for managers and individuals to encourage thriving, and potential pitfalls that can get in the way of thriving. Then, Professor Justin Huang shares some critical research into the economic effects of anti-Asian bias on small indepe...

Jan 19, 202354 minSeason 1Ep. 5

#104 - How Can Business Shape the Future of DEI?

In this episode, professors from the Ross School of Business at the University of Michigan tackle the question, “How can business shape the future of diversity, equity, and inclusion?” They discuss why business should concern itself with big social change, areas ripe for improvement, and roadblocks that get in the way of true progress. Then, Professor Samantha Keppler describes her eye-opening research into the value of crowdfunding small projects in schools — and some broader implications of th...

Dec 16, 202240 minSeason 1Ep. 4

#103 - In the War on Regulation, Who Are the Casualties?

In this episode, professors from the Ross School of Business at the University of Michigan tackle the question, “In the war on business regulation, who are the casualties?” They discuss the effects of a recent Supreme Court decision limiting the EPA’s ability to regulate emissions, including what it means for the fight against climate change, as well as for regulations on the financial industry. Then, Professor Andy Hoffman explains his thoughts on the idea of approaching a business career as a ...

Nov 17, 202253 minSeason 1Ep. 3

#102 - Is Social Media Bad for Democracy?

In this election-themed episode, professors from the Ross School of Business at the University of Michigan tackle the question, “Is social media bad for democracy?” They discuss why social media is such an important influence, the spread of misinformation, and how the industry could be improved. Then, Professor Julia Lee Cunningham explains her new research into why some people are reluctant to take on leadership roles. More information about some of the topics discussed on today’s episode: Pape...

Oct 20, 202248 minSeason 1Ep. 2

#101 - Is the American Corporation Doomed?

Welcome to Business and Society with Michigan Ross . In this podcast, professors from the Ross School of Business at the University of Michigan share their insights about the ways that the business world interacts with our broader society. Each episode features a small panel discussion addressing a current issue or problem facing our world, followed by a one-on-one interview with another professor about some of their vital research. For our very first episode, our panel tackles the question “Is ...

Oct 05, 202249 minSeason 1Ep. 1

Coming Soon: Business and Society with Michigan Ross

Coming soon from the Ross School of Business at the University of Michigan, in the Business and Society podcast, professors from Michigan Ross share their insights and opinions about the various ways that the business world interacts with our broader society, for better and, sometimes, for worse. Each episode features a small panel discussion addressing a current issue or problem facing our world, followed by a one-on-one interview with another professor about some of their vital research. We’ll...

Sep 23, 20222 min
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