News & Events | Neeley in the News
Here is a brief look at some of the recent news stories that featured Neeley students, staff and faculty. For a complete look at Neeley in the News, check out In the News Archives.
March 30, 2018
TCU To Open Real Estate Center at Business School in Fort Worth –
by Taylor Williams
FORT WORTH, TEXAS — The Neeley School of
Business at Texas Christian University (TCU) in Fort Worth will open a real estate
center, according to the school’s website. The
center, which has received more than $2 million in funding, will provide
educational resources, research and networking opportunities for the
Dallas-Fort Worth (DFW) real estate industry. The Neeley School of Business is
currently undergoing a $5.5 million expansion project that should deliver new
facilities by January 2020, and the real estate center is expected to be housed
within the expanded space.
April 4, 2018
North Texas Experts: Overdose
Reversal Drugs, Prescription Monitoring Could Help in Fight Against Opioid
Epidemic – by Shawn Shinneman
utilization of overdose reversal drugs could go a long way in reducing the
impact of the opioid epidemic, North Texas experts say.
could responsible prescribing and more use of the state’s prescription
monitoring program, which collects and monitors data related to Schedule II,
III, IV, and V controlled substances.
prescribing is one of the cornerstones of addressing the issue,” said Glenn
Hardesty, an emergency medicine physician with Texas Health Resources and
opioid expert. He said that changes in the approach to prescribing opiates have
already curbed access to the legally obtained drugs. He added that building the
prescription monitoring program and prescribing guidelines into electronic
health records could further make an impact.
need to find that balance where, hey, we pushed out all these drugs to treat
the pain, but realizing that maybe it’s not always physical pain that we’re
treating,” Hardesty said.
Those thoughts were a
part of the latest health care forum from the TCU Neeley School of Business and
TCU & UNT Health Science Center School of Medicine last week. A trio of experts graced
the stage for “The Opioid Crisis: Getting to the Bottom Line – Economic and
Personal Costs for North Texas”: Hardesty; Dr. Carol Nati, medical director at
MHMR of Tarrant County; and Dr. Charles Taylor, dean of the UNT College of
panelists also spent time discussing the up side to the overdose reversal drug
Narcan, which—as evidenced by an on-stage demonstration by Nati—is
extremely easy to administer. Increasing access to it, not just for emergency
personnel but for patients and family members, could reduce the number of
overdose deaths, panelists said.
April 9, 2018
No Question Internet Regulations
Will Be Put In Place After Facebook’s Data Breach, says TCU professor
Uhl-Bien, Texas Christian University professor, weighs in on privacy concerns
and internet users as lawmakers consider regulations after Facebook’s data
Squawk Box, Andrew
Ross Sorkin: We’ve
been trying to think through the permutations which this testimony is
going to go over the next two days and from an investor standpoint trying to think also through the implications for Facebook.
At this point in the ball game, do you think meaningful regulation is coming or do you think this is just theater?
Dr. Uhl-Bien: There’s no question regulation is
coming, but that’s not just because of this incident. That was
already in discussion. You know, we’re going through a time of digital
revolution just like we went through the industrial revolution. After
that we had the rise of things like labor laws and consumer
protection laws, so it only makes sense that now we’re going to start
having privacy laws implemented as we get more and more into
Sorkin: And what do you think
those laws are going to look like and what do you think the
implications therefore would be on the business model of companies
Dr. Uhl-Bien: Tech companies have been
researching the different kinds of regulation they think might
work. They want to play an active role in that regulation. They know
that they will be protected by it. So you hear companies
like Facebook saying we actually would welcome it because it would
help us to know what we should be doing. The internet, when it
started, we were all excited about it. People were jumping on. We’re now
in a different stage of it where we’re past the excitement and the thrill
and we’re more at the reality of it. And that reality is beginning
to reveal that it can have some pretty bad uses.
Sorkin: Do you think the
Dr. Uhl-Bien: We care. I think users
are getting more savvy. So when somebody plays a game like Farmville or
when they fill out a survey like they did with the Cambridge Analytica
case, they don’t know what is really going on from their
standpoint. It’s just this fun thing to do. I’m going to fill this out
and find out about my personality. They have no idea
that information is being used, and I think it’s the role of
the media to expose is that and it needs to be more of a role of
these tech companies.
Sorkin: Mary, if we don’t see a
drop in user engagement or a drop in monthly active users, isn’t
that proof that people don’t really care and so what is the
impetus of lawmakers if their constituents are not walking with their
feet to enact any sort of change?
Dr. Uhl-Bien: That’s the interesting
thing about the Delete Facebook movement. It hasn’t really
impacted Facebook so far. We heard from Zuckerberg last week that the numbers
are still up. The reason it hasn’t dropped off and it looks like
people don’t care is because there is
no alternative. The story is there are some opportunities right
now, and if there’s some really strong entrepreneurial companies that
could get a leg hold in this, I think they would have a tremendous
opportunity to think about disrupting Facebook.
Sorkin: Who would you put on
Dr. Uhl-Bien: There isn’t anybody I know
of right now. Facebook is a behemoth. If you look at how
Zuckerberg handled this, when this first broke he tried to come out
and deny it, so I think they were really thinking that this was not a
big deal and they mishandled that terribly. Then they tried to
make up for it, and if you look at the apology they’ve been
doing, it’s really not been very effective. They say they it’s a
breach of trust. Who uses that kind of word? He says it’s a huge
breach of trust. They were trying to indicate this wasn’t a data
breach. They started by saying it’s not a data breach, it’s not
our fault, so then in doing that and getting too technical, they
were caught up with the term breach. They started talking breach
of trust. I just don’t think the handling of that has been very
good, so most people are doing a wait and see.
Sorkin: What do you think about the
potential for serious fines by the FTC? You think that’s possible
with this administration?
Dr. Uhl-Bien: I think it’s not only possible,
it’s likely. The kinds of things we’re talking about in terms of
laws are fines for companies because we’ve seen one breach
after another and there’s no consequence for it. The other thing that’s
being discussed is the idea of informed consent so
people know what their data’s being used for. I think that should
happen. This professor who did the survey for Cambridge Analytica, he’s trained
as an academic. He should know about informed consent but clearly Facebook
has not been holding people to that standard.
Sorkin: There’s an
interesting article in the journal today, talks about the idea of
every company like a Facebook having an almost a fiduciary
responsibility. What would be in the best interest of the user if you
started the conversation there, internally within these companies,
you might get to a different outcome. Does that make sense to
you? How would that work?
Dr. Uhl-Bien: It does and it
actually fits with Facebook. One of the reasons they got in trouble is
because, as they say, they’ve been too idealistic. When they started
Facebook, they felt they were bringing the world together, that
they were opening things up and it was going to create all of these great
things. When they first heard about the Russia interference,
the potential election interference, Zuckerberg said that’s a
crazy idea. What he needs to understand, it’s a crazy world we’re in
now. They need to really change the way they view this
and understand the negative consequences and there’s precedent for
that. This isn’t very much different from other companies that
know their products can cause harm. The reality is this product
can cause harm. I think they’re starting to come around to
April 10, 2018
How to Ask for a Raise
In 2017, women earned 82% of what men earned. That means it would take an extra 47 days of work for
a woman to earn what a man did in 2017. All right, with those numbers
in mind, today might be as good a day as any to ask your boss
for a raise.
arguably one of the toughest things to ask for, so we asked for
advice from an expert at TCU’s business school. Jessica Cates says there are a few things you should keep
in mind when you ask for that raise.
Cates: “You need to
know what you’re worth so do research on what similar jobs are paying
in similar organizations. We all want to make more money,
so saying I want to make more money isn’t enough. What value are
you adding to your organization?”
gave a lot of advice and tips. Just head over to our NBD
DFW Facebook page. You can watch the video and get advice.
April 11, 2018
Dr. Mary-Uhl-Bien Interviewed
about Facebook and Senate Testimony of Mark Zuckerberg – with Brian Estridge
Mary Uhl-Bien is a professor of management and leadership expert at the Neeley
School of Business at TCU. We reached out to her to give us some insights into
start with this: Did Facebook’s executive team, and maybe even Zuckerberg
himself, did they make some mistakes along the way that forced him to be in
front of the Senate committee yesterday?
Dr. Uhl-Bien: The mistake they made was the way
that they handled it in March. When the story broke about a month ago, they
were disastrous in their response. You have to wonder why that happened. They’ve
been in the hot seat for the Russia election interference, and that was two years
ago. They should have had a crisis plan in place and they didn’t. They
initially denied it and that is what got them in trouble.
From listening to his testimony yesterday, do you think Facebook purposely
mislead people about their privacy?
Dr. Uhl-Bien: It depends on what you mean by
purposely. They knew about this. I think the problem was they had their heads
in the sand. I don’t think they realized the significance. Why didn’t they
understand that people would be upset about this? Maybe two years ago they
thought the way they handled the situation was fine, but as they began to
realize the way people were using their platform, they should have had a clear
crisis plan in place. They should have come out and said yes we understand what
we did and we take responsibility and we’re taking action, and calmed everyone
My attitude is that, if you are on social media, there is nothing private.
Dr. Uhl-Bien: I hear that all the time and talk
about that in class. We have given so much privacy away. Many of the younger
people are socialized to the idea that you have no private life anymore. They
are fine with the fact that anybody can see anything. I don’t think that’s what’s
happening here. It is the way the information is being used and essentially
being “weaponized.” People don’t like being abused in that way.
After the testimony yesterday, do you get the sense that there will be some
push to Increase regulation in social media?
Dr. Uhl-Bien: I think here is definitely going to
be more regulation. Zuckerberg himself is calling for it. There has been talk
about this for a couple of years. The tech companies, they know that what they
are doing is creating all kinds of challenges. It’s not just about Facebook and
privacy, it’s also about tech replacing jobs and automation. Tech companies
have been the first company’s experimenting with universal basic income. They
have task forces and committees working on these kinds of things. They know
that regulation is going to come. They are trying to figure out what those
regulations will be, but even they don’t know.
Uhl-Bien from TCU’s Neeley School of Business joins us. Yesterday during testimony, Mark Zuckerberg was
questioned with the word “monopoly.” I think Facebook is a monopoly. When you
hear the word monopoly in Washington it means
a break up is coming.
Dr. Uhl-Bien: This is why they are trying to
stop the AT&T merger. They don’t want it to get bigger. FB doesn’t really
have any competitors. There isn’t an alternative. Thre is a tremendous
opportunity for entrepreneurial startups to jump in and try to create a new
kind of platform.
not that different from Blockbuster and Netflix. People had Blockbuster and
they were thrilled that they could watch movies anytime, but then they had to
wait in line, see if movie is available, and were charged late fees. Reed
Hastings who started Netflix came up with the idea of mailing DVDs to people.
Look at what that lead to: not only DVDs but streaming of content and then even
generating original content. What Netflix figured out is that people like to
binge watch TV or movies. So if somebody could really get a handle on what it
is about social media that is the real driver, and envision something we haven’t
envisioned ourselves for how that can be done better, there is tremendous
Estridge: Dr. Mary
Uhl-Bien of the TCU Neeley School of Business. Thanks for your time
April 12, 2018
TCU ‘felt like home’ for transfer
QB Michael Collins
– by Stefan Stevenson
Collins had options. The quarterback who transferred to TCU from the University
of Pennsylvania last summer considered Iowa, Nebraska and Pittsburgh.
But TCU’s Neeley
School of Business impressed Collins and his family, and the football team gave him the
best chance to win, he said, and “it just felt like home.”
coach Gary Patterson and offensive coordinator Sonny Cumbie made no promises.
fact, Collins wasn’t put on scholarship until January. He spent last fall as
the scout team quarterback. That’s
when it started to become clear to coaches that Collins had what it
takes to play in the Big 12.
every new guy, he’s deep in alligators,” Patterson said. “But he’s a lot more
athletic than what people give him credit for. We have to play a lot better at
quarterback. I think we’ve played better than how some freshman would, but we
want them to play like seniors. So how do you get them to play like seniors?
That’s the goal for the whole team, not just the quarterback.”
maturity and studiousness, for a player who’ll be a redshirt sophomore in the
fall, are attractive qualities. But with Justin Rogers, the true freshman star
of the 2018 recruiting class, likely to be redshirted in the wake of his
knee surgery last fall, Collins gives the Horned Frogs much-needed security
behind Shawn Robinson, along with fifth-year senior Grayson
“He wanted to play at
a higher level,” Patterson said. “I think his family was quite surprised when
he came and looked at our place and how good our business school is. Both his
mom and dad were Ivy League people also. He
has a chance to get a great education and be successful in life whether [he]
becomes a great quarterback or not a great quarterback.”
dismissed the notion that Texas’ warmer climate played much a factor in his
grew up in Connecticut but the real draw was the business school and the
football program. Saturday’s spring game weather with temperatures
in the 30s got a laugh from Collins.
weather really didn’t matter to me. I’ve played football in a blizzard before.
I really couldn’t care less about that,” he said. “I took a leap of faith and I’m
glad it turned out this way. This is what I was expecting. I was confident in
my decision and I’m just happy I’m here, happy to help out the team in any way.”
said the biggest difference from Penn is the pace, including the individual
speed of the athletes. “Just the speed of
everything; how fast players like [KaVontae] Turpin and [Jalen] Reagor are,” he
said. “Everybody is just a little bit bigger, a lit bit faster.”