A Scholarly Magazine of the Decision Sciences Institute ... · classifieds (job placement listings)...

38
CONTENTS 3 President’s Letter Message from DSI President Rungtusanatham 4 From the Editor Maling Ebrahimpour provides an overview of this issue. 22 From the Regions Updates from all DSI Regions 31 Regional Officers 33 Open Academic Positions 36 Past Presidents 37 DSI Fellows 38 Calendar 38 DSI Membership Rates SPECIAL REPORTS 7 DSI Membership on the Rise 8 DSI 2018 Annual Conference Wrap-Up 13 DSI Annual Business and Board Meeting Recaps 15 Research Feature: What is Islamic Finance and What Can it Do? 20 DSI Members in the News Jan Olhager Recognized by Euroma James Evans, Jr Retires Jack C. Hayya Passing DSI / DECISION LINE 1 JANUARY 2019 ANNUAL CONFERENCE DSI UPDATE RESEARCH FEATURE FROM THE REGIONS Annual Conference Wrap-Up Anum Hussain The DSI 49th Annual Conference held in Chicago, Illinois from November 17-19, 2018 focused on the theme: “Role of Data and Decision Analytics in Global Operations.” With 1240 registrations, 1139 submissions, and 312 sessions scheduled, the conference proved to be a very successful event. >> More DSI Holds Annual Business and Board Meeting at Annual Conference Vivian Landrum At the DSI Annual Business Meeting. Pres- ident Rungtusanatham shared the state of the Institute as well as updates on DSI activity. The DSI Board of Directors met after the Business Meeting to continue the work of the DSI Strategic Plan. >> More What Is Islamic Finance and What Can It Do? M. Kabir Hassana and Ashraf Khanb A well-established financial system plays a vital role in the growth and development of an economy. The Global Financial Crisis of 2008 raised serious concerns about the operations of the conventional financial system. Consequently, Islamic Finance emerged as an alternative... >> More DSI Regions Offer Recaps and Updates on Past and Upcoming Conferences From across the United States to Europe, India and Australia, DSI regions have planned and executed diverse conferences focused on research and learning. >> More . CONTENTS DECISION LINE A Scholarly Magazine of the Decision Sciences Institute Vol. 50, No. 1 JANUARY 2019

Transcript of A Scholarly Magazine of the Decision Sciences Institute ... · classifieds (job placement listings)...

Page 1: A Scholarly Magazine of the Decision Sciences Institute ... · classifieds (job placement listings) are $60 per 50 words. Membership Information/Change of Address: Contact the Decision

CONTENTS

3 President’s Letter Message from DSI President Rungtusanatham

4 From the Editor Maling Ebrahimpour provides an overview of this issue.

22 From the Regions Updates from all DSI Regions

31 RegionalOfficers

33 OpenAcademicPositions

36 Past Presidents

37 DSI Fellows

38 Calendar

38 DSI Membership Rates

SPECIAL REPORTS

7 DSI Membership on the Rise

8 DSI2018AnnualConferenceWrap-Up

13 DSI Annual Business and Board Meeting Recaps

15 ResearchFeature:WhatisIslamicFinanceandWhatCanitDo?

20 DSI Members in the News Jan Olhager Recognized by Euroma James Evans, Jr Retires Jack C. Hayya Passing

DSI / DECISION LINE 1JANUARY 2019

ANNU

AL C

ONFE

RENC

EDS

I UPD

ATE

RESE

ARCH

FEA

TURE

FROM

THE

REG

IONS

Annual Conference Wrap-Up

Anum Hussain

TheDSI49thAnnualConferenceheldinChicago,IllinoisfromNovember17-19,2018focusedonthetheme:“RoleofDataandDecisionAnalyticsinGlobalOperations.”With1240registrations,1139submissions,and312sessionsscheduled,theconferenceprovedtobeaverysuccessfulevent.>>More

DSI Holds Annual Business and Board Meeting at Annual Conference

VivianLandrum

At the DSI Annual Business Meeting. Pres-ident Rungtusanatham shared the state of the Institute as well as updates on DSI activity.TheDSIBoardofDirectorsmetaftertheBusinessMeetingtocontinuethe

workoftheDSIStrategicPlan.>>More

What Is Islamic Finance and What Can It Do?

M. Kabir Hassana and Ashraf Khanb

Awell-establishedfinancialsystemplaysavitalroleinthegrowthanddevelopmentofaneconomy.TheGlobalFinancialCrisisof2008raisedseriousconcernsabouttheoperationsoftheconventionalfinancialsystem.Consequently,IslamicFinance

emergedasanalternative...>>More

DSI Regions Offer Recaps and Updates on Past and Upcoming Conferences

FromacrosstheUnitedStatestoEurope,IndiaandAustralia,DSIregionshaveplannedandexecuteddiverseconferencesfocusedonresearchandlearning.>>More

.

CONTENTS

DECISION LINEAScholarlyMagazineoftheDecisionSciencesInstitute Vol.50,No.1 JANUARY 2019

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DSI / DECISION LINE 2JANUARY 2019

2018-2019 DECISION SCIENCES INSTITUTE OFFICERSPresident M.JohnnyRungtusanatham,TheOhioState UniversityPresident Elect JanetHartley,BowlingGreenStateUniversityImmediate Past President Jatinder(Jeet)N.D.Gupta,UniversityofAlabamainHuntsvilleVice President for Finance (Treasurer) AlanMackelprang,GeorgiaSouthernUniversitySecretary AnandNair,MichiganStateUniversityFunctional Vice Presidents:

Vice President for Global Activities WendyTate,UniversityofTennessee-KnoxvilleVice President for Marketing SrinivasTalluri,MichiganStateUniversityVice President for Member Services ShananGibson,TexasA&MUniversityVice President for Professional Development SriramNarayanan,MichiganStateUniversityVice President for Publications JenniferBlackhurst,UniversityofIowaVice President for Technology NatalieSimpson,UniversityatBuffalo-SUNYVice President for the Americas Division VijayKannan,UtahStateUniversityVice President for the Asia-Pacific Division RaviKumarJain,SymbiosisInstituteofBusinessManagement,HyderabadCampusVice President for the European Division CarmeladiMauro,UniversitàdiCataniaExecutive Director VivianLandrum,UniversityofHouston

Decision Sciences Journal Co-Editors CheriSpeier-Pero,MichiganStateUniversity MarkFerguson,UniversityofSouthCarolinaDecision Sciences Journal of Innovative Education Editor MatthewDrake,DuquesneUniversityDecision Line Editor MalingEbrahimpour,UniversityofRhodeIsland2018 Program Chair SubodhaKumar,TempleUniversity2018 Associate Program Chairs CarmelaDiMauro,UniversityofCatania KevinLinderman,UniversityofMinnesotaAnnual Meeting Webmaster and CMS Manager StephenOstrom,ArizonaStateUniversityRegional Presidents

Asia-Pacific TritosLaosirihongthong,ThammasatUniversity,ThailandEuropean MarcoSartor,UniversityofUdineIndian Subcontinent AbhijeetK.Digalwar,BirlaInstituteofTehnology&Science,PilaniMidwest SanjayKumar,ValparaisoUniversityNortheast NesetHikmet,UniversityofSouthCarolinaSoutheast RezaKheirandish,ClaytonStateUniversitySouthwest MarkMcMurtrey,UniversityofCentralArkansasWestern AlbertHuang,UniversityofthePacific

OFFI

CERS

DECISION LINE

DECISIONLINEispublishedfivetimesayearbytheDecisionSciencesInstitutetoprovideamediumofcommunicationandaforumforexpres-sionbyitsmembers,andtoprovidefordialogueamongacademicandpractitionermembersinthediscipline.FormoreinformationabouttheInstitute,pleasecall713-743-4815.

NewsItems:Sendyournewsitemsandannounce-ments to the editor at the address below.

Advertising:Forinformationonagencycommis-sions,annualcontractdiscounts,andcamera-readycopy,contactthemanagingeditor.Market-placeclassifieds(jobplacementlistings)are$60per50words.

MembershipInformation/ChangeofAddress:ContacttheDecisionSciencesInstitute(DSI),Uni-versityofHouston4750CalhounRd,Room325A,Houston,TX77204-6021;Phone:713-743-4815,[email protected]

Website:DecisionLinefeaturearticlesandmoreinformationontheDecisionSciencesInstitutecanbe found on the DSI website at www.decisionsciences.org

Editor:MalingEbrahimpour,CollegeofBusinessAdministration,TheUniversityofRhodeIsland,7LippittRoad,Kingston,RI02881; [email protected]

President:M.JohnnyRungtusanatham,TheOhioStateUniversity

ExecutiveDirector:VivianLandrum,UniversityofHouston;[email protected]

ISSUE MONTH DEADLINES FOR AUTHORS Januaryissue December10th(prioryear)Marchissue February10thMay April10thJulyissue June10thOctoberissue September10th

VISION STATEMENT DecisionSciencesInstitutewillbe

recognizedgloballyasascholarly

professionalassociationthat

creates,develops,fostersand

disseminatesknowledgetoimprove

managerialdecisions.

MISSION STATEMENTDecisionSciencesInstituteprovides

forumstocreate,disseminateand

useknowledgetoimprovemana-

gerialdecisionmakinginvolving

systemsandpeople.

.

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D

DSI / DECISION LINE 3JANUARY 2019

CONTINUED ON PAGE 5

Johnny Rungtusanatham2018-2019 DSI [email protected]

DearColleagues:

Happy(belated)NewYear!Forthoseofuswho

celebrateChineseNewYear,itbeginsonFebruary

5,2019toringintheYearofthePig.Findoutmore

about those whose birthdates fall in the Year of the Pig

sign (see https://chinesenewyear.net/zodiac/pig/)!

Aswithmypastcommuniques,Iwillbebriefinprovid-

ingyouwithanupdateonallthathastranspiredsince

IlastwrotetoyouinOctober2018.Inpart,thisis

becausewearegoingbacktothepracticeofreporting

a recapofmeetingsoftheBoardofDirectorsofthe

DecisionSciencesInstitute.

Asareminderforthoseofyouwhohavenothada

chancetoreviewDSI’sstrategicplan,pleasefinditat

https://decisionsciences.org/discover-dsi/governance/

strategic-plan/.

Now,ontowhathastranspiredsinceOctober...

1. 2018 ANNUAL CONFERENCE OF THE DECISION SCIENCES INSTITUTE IN CHICAGO, IL

Byallindications,theconferencewasasuccess

onmanyfronts.ThankyoutoProfessorSubodha

Kumar(TempleUniversity)andhisteamfortheir

hardwork!

The2018Chicagoconferencedregisteredatotalof

1240attendees,organizedmorethan310sessions,

arrangedforapre-conferencefieldvisit,andplaceda

greateremphasisonprofessionaldevelopmentses-

sionswhereattendeescanactivelyengageinlearning

newresearchorpedagogicalmethods.Foraphoto

summaryoftheconference,pleasegotohttps://deci-

sionsciences.org/photos-49th-annual-meeting/.

2. “A COMMUNITY OF SCHOLARS, EDUCATORS, AND PROBLEM-SOLVERS” TAGLINE

Atthe2018Chicagoconference,DSIalsounveiled

new logo designs and asked for input from those in

attendance.Thankyoutoallwhovoted.Thevotes

havebeentalliedinfavorofthefollowinglogodesign:

TheHomeOfficeis

making preparations to

implement the new logo

onallrelevantdocu-

mentsandwebpages,

startingMarch1.

3. “REGIONAL BEST PAPER PRESENTATION AT DSI ANNUAL CONFERENCE” COMPETITION

Anothernewinitiativeatthe2018Chicagoconference

wasthe“RegionalBestPaperPresentationatDSIAn-

nualConference”Competition.Sixentriescompeted

tobe“thebest”ofthebestpaperpresentationsfrom

regionalconferences.

Congratulations to all the authors of these entries.

DSI looks forward to repeating this in New Orleans.

4. LIFETIME DISTINGUISHED EDUCATOR AWARD

DSIinauguratedanewaward,theLifetimeDis-

tinguishedEducatorAward,andrecognizedtwo

well-deservingmembersofDSIatthe2018Chicago

conferenceAwardsBanquet.Thisawardisaspres-

tigiousastheFellowsrecognitionandtheDennisE.

GrawoigDistinguishedServiceAward.

Pleasejoinmeincongratulatingthetwoinauguralre-

cipients:ProfessorVictorPrybutokfromtheUniversity

of North Texas and Emeritus Professor Sang Lee from

theUniversityofNebraska-Lincoln.DSIishonored

tohaveyouastheinauguralrecipientsofthisaward;

youhavesetthestandardforotherstofollow.

5. CHARTERS FOR US-BASED REGIONS OF DSI

DSIalsosharedanewchartertemplateandhelda

discussionwithleadersofUS-basedregionsabout

thischarteratthe2018Chicagoconference.The

PRES

IDEN

T’S M

ESSA

GE

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I

DSI / DECISION LINE 4JANUARY 2019

Maling Ebrahimpour is the Dean and Profes-sor of Supply Chain in the College of Business Administration at The University of Rhode Island. He is an active researcher and has authored or coauthored over 100 articles that have been published in scientific journals and proceedings. Most of his work focuses on various issues of quality in both service and manufac-turing companies. He received his PhD in busi-ness administration from University of Nebraska-Lincoln and has served on the editorial review board of several journals, including Journal of Quality Management, Journal of Operations Management, and Inter-national Journalof Production Research. [email protected] CONTINUED ON PAGE 6

DECISION LINE FEATURE EDITORS:

Dean’s Perspective,MalingEbrahimpour,UniversityofRhodeIsland [email protected]

Doctoral Issues,VarunGrover,ClemsonUniversity,[email protected]

Ecommerce, KennethE.Kendall,Rutgers,[email protected]

From the Bookshelf,FeatureEditor,MehmetG.Yalcin,Univer-sityofRhodeIsland,[email protected]

In the Classroom,KathrynZuckweiler,[email protected]

Analytics and Data Science,SubhashishSamaddar,GeorgiaStateUniversity,[email protected]

Information Technology,SilvanaTrimi,UniversityofNebraska-Lincoln,[email protected]

In the News, VivianLandrum,DecisionSciencesInstitute, [email protected]

International Issues,MinooTehrani,RogerWilliamsUniversity,[email protected]

Membership Roundtable,GyulaVastag,[email protected]

Supply Chain Management,DanielA.Samson,UniversityofMelbourne,[email protected]

Research Issues,MahyarAmouzegar,UniversityofNewOr-leans,[email protected]

InthisissueofDecisionLine(DL)you

willlearnaboutvariousissuesofinterest

toyouourmembersandaninteresting

researcharticleaboutIslamicFinance.

First,DSIPresidentRungtusanatham

providesbriefrecapsofthefollowing:1-

2018AnnualConferenceinChicago.In

allcounts,thisconferencewasasuccess.

2-Unveilingofthenewlogoandtagline.

Thetagline“ACommunityofScholars,

Educators,andProblem-Solvers”seems

veryappropriateforourmembership.3-A

newinitiativewasintroducedthisyear

attheconferencetitled“RegionalBest

Paper Presentation at DSI Annual Confer-

enceCompetition.”4-Anothernewinitia-

tivetitled“LifetimeDistinguishedEducator

Award”wasintroduced.Theawardwas

giventoEmeritusProfessorSangLee

fromtheUniversityNebraska-Lincoln

andProfessorVictorPrybutokfromthe

UniversityofNorthTexas.5-Charterfor

US-BasedRegionsofDSIwillprovidea

templateforallregionswhichupdatesthe

regionalconstitutionandbylaws.6-DSI

boardvotedtore-labeltheInternational

regions. Instead of international regions

theyarerenamed“InternationalChap-

ters.”7-Planningforthe2019“50th an-

niversaryofDSI”iswellunderway.

Thisissueispackedwithinformationand

highlightsforDSIconferenceinChicago.

Anothereventwasrecognitionofpast

presidentsofDSI.Youwillseeapicture

ofpastpresidents.Ifyouarenewmem-

bers,pleasemakeapointtosayhello

tothemasmostoftheseindividualscan

provideagreatnetworkforyoutogrow

professionally.

DSIExecutiveDirector(ED),Mrs.Lan-

drum,giveusagoodpictureofourmem-

bershipandwhereourmemberscome

from. The good news is that our member-

shipinontherise.Wehaverepresenta-

tionfromatleast36countries.

Mostoftherestofthisissueisfilledwith

information about the Annual DSI Con-

ferenceinChicago.Thoseofyou,who

attendedDSIAnnualconference,know

thattheconferencewasaresounding

success.Youwillenjoyreadingabout

variouseventsandaboutthewinners

ofvariousawards.Thisissueisfullof

picturesdepictingwinnersandthosewho

havebeenhonoredfortheirservicetothe

organization.

OurEDprovidesanexcellentsummary

of the DSI Board Meeting and the Annual

Business meeting that was held at the

conferencesite.

FROM

THE

EDI

TOR

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DSI / DECISION LINE 5JANUARY 2019

CONT. FROM PG. 3

PRES

IDEN

T’S M

ESSA

GE newcharterisamuchshorterdocumenttoreplace

theoldregionalConstitutionsandBylawsdocuments,

madeobsoletebytheadoptionofnewBylawsand

revisiontotheArticlesofIncorporationlastyear.

US-basedregionsarenowrevisingthetemplateto

alignwiththeirorganizationalneeds.DSIhopesto

haveallUS-basedregionalchartersapprovedbythe

BoardofDSIbytheendofthefiscalyear.

6. INTERNATIONAL REGIONS RELABELED

TheBoardalsovotedtorelabeltheinternationalre-

gions,referringtothemmovingforwardasinternational

“chapters”(fornow).Letmeemphasizethatthe“chap-

ter”labelmaybetemporary.Whatisimportantisto

separateUS-basedDSIregionsfromtheinternational

DSIorganizationsbecauseofIRSregulationspertain-

ingtofinancialtransactions.

Nowthatthisrelabelinghasbeenapproved,anew

charterforinternational“chapters”hasbeendrafted,

willbediscussedattheFebruaryBoardmeeting,and,

onceapproved,willbesharedwithAPDSI,EDSI,and

ISDISforthemtoreviewandsuggestchanges.At

thatpoint,itmaybethattheinternational“chapters”

will be renamed with a more appropriate label.

7. LOOKING TO THE 2019 ANNUAL CONFERENCE OF DSI IN NEW ORLEANS, LA

Planningforthe2019NewOrleansconferenceis

movingforwardfullsteam!Theconferencewebsite

shouldbelaunchedinthenearfuture,sobesureto

checkback(DSIhomepage)regularly.

Sincerely,

JohnnyRungtusanatham

2018-2019DSIPresident

[email protected]

(614)292-0680

DSI Past Presidents from left to right: Johnny Rungtusanatham, Lee Krajewski, F. Robert Jacobs, E. Powell Robinson, Norma Harrison, Ken Kendall, Barbara Flynn, Ram Narasimhan, Sang Lee, Morgan Swink, Funda Sahin, Mark Davis, Jatinder (Jeet) Gupta, Maling Ebrahimpour.

DSI HONORS PAST PRESIDENTS AT 2018 ANNUAL CONFERENCE

RECO

GNIT

ION

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DSI / DECISION LINE 6JANUARY 2019

CONT. FROM PG. 4

FROM

THE

EDI

TOR

CurrentandpastDSImemberswhoaretryingto

logintotheirDSIaccountswillnotbeabletouse

theiroldusernamesandpasswordsthefirsttime

anattemptismadetologintothenewGrowth-

Zonesystem.Securityprotocoldoesnotallowthe

transfer of passwords from

onesystemtoanother.Thus

accountsmustbeactivated

beforetheycanbeaccessed.

AnyDSImember,currentor

expired,whoistryingtoregisterfortheupcoming

Novemberconference,willneedtoactivatetheir

DSIaccountfirst.Todothis,clickonMemberLogin

on the DSI website home page. Do not enter a

REMINDER REGARDING DSI MEMBER MANAGEMENT SYSTEM LOGINusernameorpassword-insteadclickon“Cre-

ateanAccount”foundundertheSignInbutton.

Followtheprompts.Anemailwillbesenttoyouto

finishthesteps.Theemailaddressmustmatch

whatisintheDSIaccount.Oncetheaccountis

activated,normalemailloginprocedureswill

apply.

Anymembermorethan120dayspastduemay

needtoJOINDSIagain.Oncecurrent,past

recordswillbemergedwiththenewrecordto

ensurepasthistoryismaintained.

Questions?ContacttheHomeOfficeat713-743-

4815 or [email protected].

IfyouarenotfamiliarwithIslamicFi-

nance,inthisissueyouhaveachanceto

readaboutitandfamiliarizeyourselfwith

thistopic.IntheResearchFeatureProfes-

sorsHassanaandKhanbprovidereaders

withathoroughreviewofwhattheIslamic

financeisallabout.Youwillenjoyreading

thisarticle.

You will read about our members who

arehonoredbyvariousorganizations,

retirements,andsadlymemoriamofour

colleaguesthatwelost.

Thenwehaveaplethoraofinformation

aboutregionalactivitiesandnewsfrom

manyofDSIregionsincludingsummaryof

lastyear’sconferencesandtheupcoming

conferences.

Asalways,Iencourageyou,ourreader,

toshareyouropinions,ideaswithusby

writing and sending it to me at mebrahim-

[email protected],oryoumaysendittothe

featureeditorsasshowninthissection.

Iamlookingforwardtoreadingyourar-

ticlesforinclusioninDecisionLine.

MalingEbrahimpour,PhD

Editor

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DSI / DECISION LINE 7JANUARY 2019

DSI MEMBERSHIP ON THE RISE

By Vivian Landrum DSI Executive Director

DSI Membership has been growing

overthepastfewyearsandwiththe

additionoftheGrowthZoneMember

Managementsystem,DSIisnowbetter

equippedtotrack,invoiceandmonitor

our member base.

AsofJanuary11,2019DSImember-

shipwasat2203,with1292Regular

members,869Studentmembersand

42 Emeritus members. It is important

to note that student members are not

requiredtoreneweachyear,however

theynowcanbetrackedandwillautomaticallybe

droppedafter3yearsunlesstheyarereadytoupgrade

toaregularmembershiporprovetheycontinuetofulfill

thequalificationsofastudentmembership.Whichis

preciselythegoalofourstudentmembershipprogram

–tomentorandnurturetolaterbecomeregular,active

DSI members.

WhiletheUnitedStatescontinuestodominateasthe

maincountryofresidenceforDSImembers,diversity

incountriescontinuestogrowwithDSIaswell.India

hasshownasignificantincreaseoverthepastcouple

ofyearsandthiscanbeattributedtotheexcellentjob

theISDSIregionhasdoneinincreasingtheirconfer-

enceattendance.Itshouldalsobenotedthatinthe

categoryofOther/NotIdenntified–ofthe280total,

160ofthosearememberswhohavenotidentifieda

countryintheirDSIprofile.Pleaserefertothechart

forDSImembershipbycountry.

WiththeDSIGrowthZone

sytem,memberscan

nowalsobeidentified

bytheirareasofaca-

demicinterest.However

manymembershavenot

completedtheirprofiles

and this remains blank.

Iencourageeveryoneto

update their member pro-

filesbyloggingintotheir

DSImemberaccounts.

Thiswillbethefocusof

our membership update

fortheMarchissueof

DecisionLine.

DSI M

EMBE

RSHI

P

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T

DSI / DECISION LINE 8JANUARY 2019

By Anum Hussain, University of Houston DSI Marketing & PR Coordinator

The DSI 49thAnnualConferenceheldinChicago,

IllinoisfromNovember17-19,2018focusedonthe

theme:“RoleofDataandDecisionAnalyticsinGlobal

Operations.”With1240registrations,1139submis-

sions,and312sessionsscheduled,theconference

provedtobeaverysuccessfulevent.

OursincerestthankstoDSIProgramChairSubodha

Kumar(TempleUniversity),AssociateConference

ChairCarmelaDiMauro(Universita’diCatania),As-

sociateConferenceChairKevinLinderman(University

ofMinnesota),andConferenceInformationSystems

ManagerStephanOstrom(ArizonaStateUniversity)

fortheirhardworkanddedicationinensuringthiscon-

ferencewasheldtothehigheststandards.

HIGHLIGHTS

PLENARY

4keynotespeakerspresentedattheAnnualConfer-

encethisyear.ChristianThisgaard,DavidSimchi-Levi,

GuySchweppeandourmysteryguestspeakerRick

Lewis,captivatedtheaudiencewiththeirenlightening

andmotivationalwords.

ChristianThisgaard,VicePresidentofDDMGlobal

COEandSAP,andDougFreud,ChiefDataScientist,

werethefirstkeynotespeakersoftheconference.

OnSaturday,ThisgaardandFreudpresentedthree

customercasesinwhichadvancedmachinelearning

L to r: Kevin Linderman, Carmela Di Mauro, Stephan Ostrom, Subodha Kumar, Johnny Rungtusanatham

hashelpedthemradicallyimproveandsimplifycritical

partsoftheirbusiness.Thethreecasesintheirpre-

sentation,titledPractical Examples of ML Deployment

in Customer, Materials, and Asset

Management,outlinedthebusiness

urgency,thecriticalpathstoachieve

operationalization,andtheresulting

newparadigmsthecompanieshave

beenabletorealize.

OnSunday,ProfessorDavidSimchi-Levispoke

about Online Resource Allocation with Application to

Revenue Management. The Professor of Engineering

SystemsatMITandChairmanof

Opalytics,addressedthefundamen-

tal problem in OR and CS with online

resourceallocationandtheperfor-

manceofexploration,exploitation,

andcompetitiveanalysistechniques.

GuySchweppe,SeniorVicePresidentofGlobalOp-

erations at Dell spoke about Procurement Excellence

onMonday.Schweppediscussed

Dell’sjourneyoverthelastdecadein

advancingitsprocurementpractices,

Dells’approachtoprocurement

excellence,andthecriticalelements

ofitsstrategy.

Unbeknownst to the attend-

ees,mysteryguestspeaker

RickLewisconductedaso-

cialexperimentdisguisedas

a waiter to see how patrons

wouldreacttohisuncon-

ventionalserviceduringthe

FellowsLuncheon.Afterrevealinghistrueidentityto

theluncheonguests,Lewisprovidedkeyinsightsin

Making Good Decisions in Difficult Moments.

DSI RECOGNITIONS

Lifetime Dstinguished Educator AwardCongratulationstoSangLeefromtheUniversityof

DSI 2

018

ANNU

AL C

ONFE

RENC

E W

RAP-

UP

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DSI / DECISION LINE 9JANUARY 2019

DSI 2

018

ANNU

AL C

ONFE

RENC

E W

RAP-

UP

CONT. FROM PG. 8

NebraskaandVictorPrybutok,UniversityofNorth

TexasforreceivingDSI’sfirstLifetime Distinguished Educator Award.Theawardrecognizesexceptionalcontributionstoteachingandlearninginthedisciplines

ofdecisionsciencesduringone’scareer.

DSI Fellow DesignationCongratulations to

ShawneeVickeryfrom

MichiganStateUniversity,

whowasselectedtojoin

the illustrious list of DSI

Fellows.Toqualifyasa

Fellowonemusthavedis-

tinguishedthemselvesasaneminentscholarintheir

fieldandbeanactivememberoftheInstitute.Vickery

surpassedallqualificationcriteria.

Dennis E. Grawoig Distinguished Service AwardTworecipientswereselectedtoreceivethishigh

honor,namedafterDSIfounderDennisE.Grawoig.

JoyFieldfromBostonCollegeandMorganSwink

fromTexasChristianUniversitywererecognizedfor

theirselflesscontributionsandunremittingleadership

to the Institute.

Carol J. Latta Emerging Leadership Award for Out-standing Early Career ScholarNamedafterbelovedpastExecutiveDirectorCarol

Latta,thisawardrecognizesascholarintheearly

stagesofhisorhercareerinthefieldofDecisionSci-

encesandwhohascontributedtotheinstituteandits

goalsovertherecentpast.SuvratS.Dhanorkarfrom

PennsylvaniaStateUniversitywaschosenasthis

year’srecipient.

Elwood S. Buffa Doctoral Dissertation AwardTheElwoodS.BuffaDoctoralDissertationAward

identifiesandrecognizesoutstandingdoctoralre-

searchinthedevelopmentoftheoryorapplicationsof

thedecisionsciences.Withhersubmission,Efficient

Policies and Mechanisms for Online Marketplaces,

NeginGolrezaeifromtheUniversityofSouthernCali-

forniawaschosenasthisyear’srecipient.

BEST PAPER AWARDS

Eachyear,anumberoffullpapersubmissionsare

recognizedasbestpapers.Thefollowingawards

werebestowedonpraiseworthyindividualswhomet

therequirementsandorweredeemedworthy.Con-

gratulationstothefollowingwinners:

2018 Best Learning and Education Research PaperPerformance Dashboard in Higher Education: A Uni-

versity Career Service Case Study

Bih-RuLea-MissouriUniversityofScienceand

Technology

Wen-BinYu-MissouriUniversityofScienceand

Technology

L to r: Johnny Rungtusanathan, Victor Prybutok, Janet Hartley

L to r: Johnny RunAgtusan-atham, Sang Lee, Janet Hartley

Vivian Landrum, Joy Field, Johnny Rungtusanatham

Johnny Rungtusanatham, Morgan Swink, Vivian Landrum

Shawnee Vickery and Soumen Ghosh

Johnny Rungtusan-atham, Suvrat Dhanor-kar, Jeet Gupt

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DSI / DECISION LINE 10JANUARY 2019

CONT. FROM PG.9

DSI 2

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UP Best Problem -Driven Analytical Research Paper Alliance Partner Selection and Firm Value: An Event

Study

YuLiu-SaginawValleyStateUniversity

Best Theoretical Research PaperInstitutional Uncertainty and Supply Chain Quality Man-

agement: A Conceptual Framework

BertieGreer-WayneStateUniversity

MatthewFord-NorthernKentuckyUniversity

Best Theory-Driven Empirical Paper Innovate or Merge? The Role of Corporate Social

Responsibility in the Relationship Between R&D and

Mergers and Acquisitions

YuqiPeng-UniversityofSouthCarolina

SiningSong-ArizonaStateUniversity

YiXu-UniversityofMaryland

YanDong-UniversityofSouthCarolina

Best Interdisciplinary Paper Managerial Incentives, Operational Decisions, and

Firm Outcomes: Evidence from a Quasi-Experiment at

a Retail Chain

HyunSeokLee-OregonStateUniversity

SaravananKesavanan-UniversityofNorthCarolinaat

Chapel Hill

CameliaKuhnen-UniversityofNorthCarolinaatChapel

Hill

Best Student PaperExamining Impacts of Clinical Practice Variation on

Operations Performance: Implications for Bundled Pay-

ment Reform Models

SeokjunYoun-TexasA&MUniversity

GregoryHeim-TexasA&MUniversity

SubodhaKumar-TempleUniversity

ChelliahSriskhandarajah-TexasA&MUniversity

Best Teaching Case Studies AwardAmerica First Credit Union: High Quality-Transactions

and Customer Satisfaction

MikeDixon-UtahStateUniversity

LuisArmenta-UtahStateUniversity

JustinCanova-UtahStateUniversity

Instructional Innovation AwardStudent Learning Experience and Engagement Utiliz-

ing Multi-Class Interdisciplinary Teams in an Immer-

sive Learning Environment

Bih-RuKea-MissouriUniversityofScience&Technol-

ogy

LiliEng-MissouriUniversity

WilliamSwart-EastCarolinaUniversity

RichardO’dor-EastCarolinaUniversity

JudySiguaw-EastCarolinaUniversity

CONSORTIA

TohelpnavigatePhDstudentsintheirdifferentstages

ofdoctoralcompletion,twohalf-daydoctoralconsortia

wereplanned-Doctoral Student Consortium for Pre-Proposal Defense Stage Students and Doctor-al Student Consortium for Post-Proposal Defense Stage Students.Additionally,two-half-dayfacultydevelopmentconsortiawerealsoofferedtothosein

Johnny Rungtusanatham, Bertie Greer, Subodha Kumar

Johnny Rungtusanatham, Mike Dixon, Subodha Kumar

Alpha Iota Delta Past President Paul Cronan and President and Pamela Rogers present to Quynh Nguyen

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DSI / DECISION LINE 11JANUARY 2019

CONT. FROM PG. 10 differentstagesoftheircareer-New Faculty Develop-ment Consortium and Mid-Career Faculty Devel-opment Consortium. Consortiumparticipantsweretreatedtoaluncheonwhereeachattendeereceived

acertificatebysponsorsAlphaIotaDelta,recognizing

theirparticipation.

WORKSHOPS

Severalprofessionaldevelopmentworkshopswere

offeredduringthecourseoftheconference.Thisyear,

DSIhad21workshopsdedicatedtowardshelpingDSI

membersbecomebetterresearchers,teachers,admin-

istrators,andprofessionalservicevolunteers.

EXHIBITORS

Atthisyear’sconference,DSIwaspleasedtoshow-

case23exhibitors,highlightingtheirproductsand

servicestoattendees.DSIparticipantswereexposed

toavarietyofdisplaysrangingfrompublishing,simula-

tions,softwareproviders,certification/educational

programs,andpainrelievingproducts.Withtheaddi-

tionofthenewMemberLounge,attendeesweregiven

theopportunitytobrowseeachexhibitoraswellas

buildnetworksandenhanceconnectionsduringcoffee

breaks and downtime.

DSI 2

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SPONSORS

Oursponsorshaveplayedanintegralroleincontrib-

utingtothesuccessoftheDSI2018AnnualConfer-

ence.DSIappreciatesandsincerelythanksitsmany

sponsorsfortheirsupport.Weareproudtopostour

Sponsorlistingfollowingthisarticle.

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CONT. FROM PG. 11

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DSI / DECISION LINE 13JANUARY 2019

DSI HOLDS ANNUAL BUSINESS AND BOARD MEETING AT ANNUAL CONFERENCE

By Vivian Landrum, Executive Director

Asiscustomary,theDSIBoardmetduringthe2018

conferenceandcontinuesitsforwardpathasthestra-

tegicplanhasoutlined.Thismeetingisnowstrategi-

callytimedtofollowtheDSIAnnualBusinessMeeting,

whichtookplaceonMondaymorning.ThisMonday

afternoonmeetingallowstheboardtodiscussany

questionsorissuesthatmayariseduringtheBusiness

Meeting.

DSI ANNUAL BUSINESS MEETING RECAP

AttheDSIAnnualBusinessMeeting,President

Rungtusanatham shared the state of the Institute as

wellasupdatesonDSIactivity.Henotedmembership

atthetimewas2151with1365Regularmembers,44

Emeritus members and 810 student members. This

numbernearlytiesthehighestrecordedmembership

countof2169in2010.Financially,DSIisonverysolid

groundwithtotalliabilitiesandequitiesjustabove

$2,000,000,withinvestmentincomeearningcontribut-

ingnicelythepreviousyear.

RungtusanathamrecappedprogressDSIhasmade

thisfiscalyear,mostnotablytheadoptionofnewgov-

ernancedocumentsanda5-yearstrategicplan.The

newBylawsmergedthepriorConstitutionandBylaws

intoonedocument,broughtDSIintocompliancewith

all federal and state laws and enabled the Institute to

operateinamoreefficientandeffectivemanner.How-

evertheratificationofthenewBylawsforcesadop-

tionofnewregionalcharters.AdrafttemplateforU.S.

regionswaspresentedanddiscussedattheRegional

ActivitiesSummitonSaturday.WithinputfromtheDSI

regions,itishopedtofinalizeandadopttheindividual

regionalchartersbyendoffiscalyear.Alsowiththe

newBylaws,newPoliciesandProceduresarerequired

andarebeingdraftedbytheBoard.Rungtusanatham

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reiteratedthevalueofthe5-YearStrategicPlan,ad-

optedin2018,andencouragedallmemberstoreview

it on the DSI website.

AnewDSIaward,theLifetimeDistinguishedEduca-

torAward,wasapprovedwiththefirsttworecipients

honoredattheSundayAwardsBanquet.

ThenewDSImembermanagementsystem,Growth-

Zonewasreleasedearly2018.ExecutiveDirector

Landrumpresentedthebenefitsofthenewsystem,

includingitsannualbillingfeature,memberdatabase,

paymenthistorymoduleandmemberportal.Members

areencouragedtologintotheiraccounts,especially

whenlookingforcopiesofreceipts,asallpaidin-

voicescanbefoundinthemembersInfoHub.

NewlylaunchedthisyearistheExOrdoconference

managementsystemandconferenceappforthe

nationalconference.Responsetotheapphasbeen

overwhelminglypositiveandDSIlookstomoveto

apaperlessconferenceinthefuture.Regionsare

offeredtheuseoftheExOrdoCMSforaflatfeeof

$500perconferenceanduseoftheGrowthZonecon-

ferenceregistrationsystematnocharge.

DSI BOARD MEETING RECAP

PresidentRungtusanathamcalledthemeetingto

orderonMonday,Nov.19withallDSIBoardmem-

berspresent.TheDSIBoardisactiveandengaged

throughouttheyearaswasevidencedbythenumber

ofmotionsandelectronicvotestakenbetweentheir

AprilandNovembermeetings.

Aspernon-profitrules,anymotionelectronically

voteduponbytheBoardoutsideofanofficialmeeting

mustbereadintotherecordatthenextBoardmeet-

ing.Motionsandresultsinclude:

• MotiontoapprovechangestoDSIArticlesofIncor-

poration.Approved.

• MotiontoapproveproposeddraftBylaws.Ap-

proved.Vivian LandrumDSI Executive [email protected]

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DSI / DECISION LINE 14JANUARY 2019

• Motiontoapproveproposedchangestocriteriafor

FellowsselectionasofferedbytheFellowsCommit-

tee.Approved.

• MotiontoapprovedraftChartertemplateforU.S.

basedregions.Approved.

• Motiontoapproverecommendedcandidatesfor

DSILifetimeDistinguishedEducatorAwardaspre-

sentedbythatcommittee.Approved.

• MotiontoapprovePresident’sselectionforDennis

E.GrawoigDistinguishedServiceAward.Approved.

ThefinancialreportwaspresentedbyVPofFinance

AlanMackelprang,whohighlightedincomeand

expendituresforthefiscalyeartodateaswellasthe

statementoffinancialpositionforlastfiscalyear.Itwas

notedlastfiscalyearendforhomeofficeshowsanet

of$192,000,beforeaudit.

ExecutiveDirectorLandrumupdatedBoardonhome

officeissues,systemsupdatesandstaffingwithnew

studentworkerandnewaccountsmanagerbeing

hired.

Interimcommitteereportswerepresented.Notably:

• NominatingCommitteepresentednewpoliciesand

procedurestoalignwithBylawsandshortenthe

timeframeforthisprocess.Approved.

• FinanceandInvestmentAdvisoryCommitteehas

regionsworkingwithE.D.Landrumtoeitherclose

localbankaccountsorplaceLandrumonasaddi-

tionalsignatorytoallowforaccesstoaccount.This

willsatisfyauditorsandbringDSIincompliance.

• InformationTechnologyCommitteeworkingon

improvingExOrdosystemfor2019conference.

• MembershipServicescontinuestoimproveCon-

ferenceBuddyprogramandNewMemberWel-

comeReception.

• PublicationsCommitteecontinuestomonitorboth

DSIjournals.Creationofaflyercouldhelpimprove

understandingofstructureaswellasdifferentials

between the two.

• Programs and Meetings Committee is looking to

restructureconsortia.

• DSI/RegionsBilateralPresenceAdHocCommit-

tee–discussiononsubjectofregionalsupport

fordivisionalVPtoattendBoardmeetingfrom

regionswasnegative.Howeversomeregionsmay

wish to support their leadership to attend national

conferenceandregionalmeetingsheldthere.

Boardsupportsnewpolicytostateregionshave

fulldiscretiontosupportlocalleaderstoattend

nationalconferencesoastoparticipateinmeeting

discussions.ThiswillbeincludedinnewRegional

FinancialPoliciesandProcedures.

• DSIRegionalBestPaperPresentationAdHoc

Committeeconductedfirstprogramat2018confer-

encewithsuccess.Offeredpoliciesandproce-

dures for this award going forward.

Boardcontinuestoworkon

revisedPoliciesandProcedures

tocomplywithBylaws.Caretaker

board for APDSI was instituted to

keepthemincompliance,aspre-

viousBoardconsistedofnon-DSI

members.

WorkonInternationalregions

chartertobegin.RogerCollons

continuestopursuesuitregarding

votingprocessandresultsfrom

2014election.

DSI 2018-19 Board of Di-rectors from left to right: Jennifer Blackhurst, Sri Talluri, Shanan Gibson, Natalie Simpson, Janet Hartley, Vijay Kannan, Jeet Gupta, Ravi Kumar Jain, Carmela di Mauro, Sriram Narayanan, Johnny Rungtusanatham, Wendy Tate, Alan Mack-elprang, Anand Nair.

CONT. FROM PG. 13

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WHAT IS ISLAMIC FINANCE AND WHAT CAN IT DO?

M. Kabir Hassana and Ashraf Khanb

INTRODUCTION

Awell-establishedfinancialsystemplaysavitalrole

inthegrowthanddevelopmentofaneconomy.The

GlobalFinancialCrisisof2008raisedseriousconcerns

abouttheoperationsoftheconventionalfinancial

system.Consequently,IslamicFinanceemergedas

analternative—presentingitselfasnotonlyresilient

enoughtoabsorbshocksbutalsocapableofproviding

fairandefficientwaysoffinancialintermediation.Is-

lamicfinancerepresentsafundamentaldeparturefrom

conventionalinterest-basedandspeculativepractices,

asitreliescompletelyonrealeconomictransactions

suchastrade,investmentbasedonprofit-sharing,

andotherwaysofconductingbusiness.Unlikethe

conventionalfinancialsystemwheremoneyiscom-

monlyconsideredacommodity,underIslamicfinance

thesolepurposeofmoneyistomeasurethevalueof

goodsandcommodities.Oneofthemajordifferences

betweentheconventionalandIslamicfinancialsys-

temsisthatthelatterdoesnotallowactivitiesbased

oninterestpayments.

Historically,therehasneverbeenafinancialsystem

basedonJudeo-Christianprinciples,eventhough

interestisforbiddenintheirreligions.SimilartoIslam,

Kennedy(1995)alsoconsidersinterestasunjustand

epitomizeditasacancerinthesocialandeconomic

bodyofacountry.Similarly,thereissignificantoverlap

betweenIslamicprinciplesandsociallyresponsible

investment(SRI),giventhatIslampreachessocial

justice,ecology,kindness,andwhatisnowadays

calledsustainability.Furthermore,Islamicfinancehas

theabilitytofosterfinancialinclusionbysupportingthe

poorsegmentofsocietythroughasset-basedandrisk-

sharingfinancing,thusultimatelyreducingsystematic

riskandmakingtheeconomymorestable(Kammeret

al. 2015).

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Ashraf Khanb – Depart-ment of Economics and Statistics,University of Udine, Udine, Italy, e-mail: [email protected]

M. Kabir Hassana – Department of Economics and Finance,University of New Orleans, USA, e-mail: [email protected]

IslamicfinancewasinitiallystartedforMuslimsin

Muslimpopulatedcountries,butinrecenttimesits

rulesofbusinesshavespreadallovertheworld,

includingEuropeandAmerica.Itworksparallelto

theconventionalfinancialsystem,encompassingall

activitiesthroughitsuniquebankingsystem,capital

andmoneymarkets,andinsuranceservices.The

recentworldwideshifttowardssustainabledevelop-

mentgoalsandinfrastructurefinancinghasopened

upanotheravenuefortheIslamicfinanceindustryto

makefurtherinroadsintheglobalfinancialsystem

(Ahmed,etal.,2015).Themainpurposeofthisarticle

istogiveanoverviewofIslamicfinance,itsroleto-

wardssustainabledevelopmentgoalsandinfrastruc-

turefinancing.

WHAT IS ISLAMIC FINANCE?

Islamicfinancereferstoasystemwhichfollowsthe

lawsofIslamicjurisprudence.UnderIslamicjurispru-

dence,Islamicfinancialinstitutions(IFIs)arenotal-

lowedtobeinvolvedininterest-basedtransactionsor

activitiesforbiddeninthereligion(e.g.,alcohol).IFIs

areencouragedtobeinvolvedinfinancialintermedia-

tionbasedonrisk-sharing,buttransactionsinvolving

speculationanduncertaintyareforbidden(Hassan,

Kayed,andOseni,2013;Hassan,Khan,andPaltrin-Mahyar AmouzegarResearch Feature Editor

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DSI / DECISION LINE 16JANUARY 2019

ieri,2019).Inthismodel,riskisdividedintotwocat-

egories:legitimateriskandillegitimaterisk.Legitimate

riskiswhenonebuysacommodityinordertosellitfor

profit,relyingonthemarket.Thisriskisnecessaryfor

merchantsandisembeddedinthenatureofbusiness

andtrade.Illegitimateriskentailstakingonexcessive

riskoflosingeverythinginthepursuitofhigherprofits,

aswitnessedduringtheGlobalFinancialCrisis(GFC)

whenthemarketobservedalargedeclineinhousing

pricesandputtheoveralleconomyintorecession.

ProfitispermittedinIslam,butusuryisprohibited.A

rateofreturnbasedontheworkdoneispermitted,

butspeculationisdiscouraged.AccordingtoIslam,

investmentsshouldneitherbetoosafenortoorisky.

Suchcontractswillhavepositiveexternalitiesonthe

economyandpromotetheentrepreneurialspiritby

linkingeffortwithreturns.Profit-losssharingcontracts

inIslamicfinancealignmanagers’interestswiththose

ofinvestors,incontrasttodebt-financing.Asaresult,

suchcontractscreatepositiveexternalitiesforthe

economy.Havingnoambiguityincontractseliminates

exposuretoexcessiveriskforinvestors.Transparency

inIslamicfinancialcontractsandtheabsenceofgharar

(uncertainty)eliminateadverseselectionandmoral

hazardbydiscouragingspeculativeactivities.

Islamicfinanceproductsarebroadlyclassifiedintotwo

categories:Equity-basedproductsanddebt-based

products

EQUITY-BASED PRODUCTS

Equity-basedproductsarethecoreessenceofIslamic

financeandaredirectlyconnectedtorealeconomic

transactionswhichpromotethecultureofrisk-sharing

andreduceincomeinequalities.Therearemainlytwo

typesofequity-basedproducts:

Musharakah refers to a pure form of partnership

whereallpartiesarerequiredtoprovidecapitalandare

involvedactivelyinthemanagementofthebusiness/

project.Theprofitandlosswillbesharedonaprorata

basis.

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CONT. FROM PG. 15 Mudarabahreferstoamodernformofventurecapitalwhereonepartyprovidesthecapitalandtheother

party(entrepreneur)providestheskill.Theprofitis

sharedatapre-agreedratiowhilethelossisborneby

thecapitalprovider,exceptintheeventofaproven

breachofcontract,negligence,ormisconduct.

DEBT-BASED PRODUCTS

IFIsmainlyrelyondebt-basedproductsthatarecom-

monlyusedforworkingcapitalfinancingandasset

rentals.

MurabahaisasalecontractwhereIFIsbuygoodsandsellthemtotheircustomersininstallmentsto

bepaidatpre-agreedfuturedates.Thepriceofthe

goodsandprofitmarginmustbeclearlyknownatthe

timeofcontract.Oncethecontractissigned,theprice

ofthegoodsorprofitmargincannotbeincreased.

Furthermore,allfinancialinstitutionschargeapenalty

forlatepayments.UnderIslamicfinance,theimpact

ofthispenaltyisbeneficialforsociety.Insteadofmak-

ingthesepenaltiesapartoftheirprofit,acommon

practiceinconventionalfinancialinstitutions,IFIs

createacharityaccountandspenditforthewelfare

ofsociety.

Ijaraisarental/lease-basedcontractwhereIFIsselltherightstouseanassettotheircustomersfora

specificperiodoftime.Theleasedassetremainsin

theownershipoftheIFIsandcanberepossessed

byIFIsincaseofnon-payment.Generally,oncethe

leasecontractiscompleted,theleasedassetissold

backtothecustomerthroughaseparateindependent

salecontract.

Salamreferstoaforwardsalecontractwherefull

paymentismadeatthetimeofcontractanddelivery

ofcommoditywillbemadeataspecifiedfuturedate.

Salamisusuallyusedinagriculturalfinancingwhere

smallfarmersdonothavesufficientinvestmentfor

farmingtheirlands.Thecommoditytype,price,quan-

tity,quality,andplaceofdeliverymustbementioned

inthecontract.

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Istasnaisalsoaforwardsalecontract,butthepriceof

therequiredproductscanbepaidasperagreement

betweenbothparties,unlikesalamwherefullpayment

mustbepaidatthetimeofcontract.

FACTS AND FIGURES OF ISLAMIC FINANCE

ThejourneyofthemodernIslamicfinanceindustry

startedinthe1960swhenthefirstcommercialIslamic

bankwasestablishedinEgypt.Thelastthreedecades

havewitnessedthetremendousgrowthoftheIslamic

financialindustryandthedevelopmentofmorethan

1,000IFIsworkingin50Muslimand40non-Muslim

countries,includingtheUK,U.S.,Australia,and

Canada.TheglobalIslamicfinancialindustryisgrow-

ingatarateof8.3%,withtotalassetsof2.05trillion

dollarsin2017(IFSB,2018)andover1,300financial

institutionsin50OrganizationofIslamicCooperation

(OIC)countries.IranandSudaneachhaveabanking

andfinanceindustrythatisfullyIslamic.Table1breaks

downtheassetsoftheglobalIslamicfinancialindustry

intermsofsectorsandregions.

IslamicbankingisthemainsectorofIslamicfinance,

havingashareof76%ofthetotalglobalIslamic

financialassets,followedbytheSukukmarketwitha

19.5%share,Islamicfundswith3.3%,andfinallyTaka-

fulassetswith1.3%.SukukisanIslamicbondwhich

isdefinedas“certificatesofequalvaluerepresenting

undividedsharesintheownershipoftangibleassets,

usufructsandservicesor(intheownershipof)the

assetsofparticularprojectsorspecialinvestment

activity”(AAOIFI,2003:pp.298)whereasTakafulis

analternativetoconventionalformofinsurancewhich

isdefinedas“IslamicInsuranceisaprocessofagree-

ment among a group of persons to handle the injuries

resultingfromspecificriskstowhichallofthemare

vulnerable.Aprocess,thusinitiated,involvespayment

ofcontributionsasdonations,andleadstotheestab-

lishmentofaninsurancefundthatenjoysthestatusof

alegalentityandhasindependentfinancialliability”

(AAIOFI,2015).

TheIslamicfinanceindustryismainlyconcentrated

inGulfcooperationCouncil(GCC),MiddleEastand

NorthAfrica(MENA),andAsiancountries.Recently,

IslamicfinancehasalsocommencedinSuriname.

ThisgivesIslamicfinanceapresenceinallsixconti-

nents.

ThegrowthoftheIslamicfinanceindustrydoesnot

dependsolelyonIslamicbanking,otherfinancial

institutions,suchasfundmanagementcompanies,

microfinance,creditunions,leasingcompanies,and

cooperativesalsoplaytheirrolesandareperforming

competitivelywiththeircounterpartsintheconven-

tionalfinanceindustry,attimesevenoutperforming

them.

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CONT. FROM PG. 16

Table 1: Global Islamic financial assets by sector and region as of 2017 (in USD billion)

Region Banking Assets Sukuk Outstanding Islamic Funds Takaful Contribution Total

Asia 232 239.5 24.8 3.3 499.6

GulfcooperationCouncil(GCC) 638 139.2 26.8 12.6 816.6

MiddleEastandNorthAfrica 569 17.8 0.1 9.5 596.4

(ExcludingGCC)

Africa(ExcludingNorthAfrica) 27.1 2 1.6 0.7 31.4

Others 46.4 1.5 13.3 0 61.2

Total 1557.5 399.9 66.7 26.1 2050.2

Source: IFSB Report (2018)

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CONT. FROM PG. 17SUSTAINABLE DEVELOPMENT GOALS AND ISLAMIC FINANCE

The United Nations’ paradigm shift towards

SustainableDevelopmentGoals(SDGs)

hascalledforthesharedresponsibilityof

allstakeholdersinimprovinglivingstan-

dardsandempoweringallmankind,which

willrequirehugeamountsofinvestment

incapacity-buildingassets(El-Maghrabi

etal.,2018).Thereisanestimatedyearly

gap of 2.5 trillion dollars between the an-

nualinvestmentneedsoftheSDGsand

currentactualannualinvestments(UNC-

TAD,2014).TheneedforSDGinvestmentisfurther

intensifiedbythechallengesposedbyclimateand

environmentalissues,urbanization,andsocialimbal-

ances.

AnidealIslamiceconomicsystempromotesthe

conceptofawelfarestate,supportsdevelopment-

relatedactivities,ensuresfinancialinclusionthrough

equaldistributionofwealth,andprotectstheoverall

environmentalandecologicalsystem.Inthisregard,

Islamicfinancehasthepotentialtocontributetothe

SDGgoals,whichoverlapwiththebasicobjectivesof

anidealIslamiceconomy.Thereisgrowinginvestor

interestinprovidingfundstobusinesses,non-profits,

andfinancialinstitutionsthatutilizesustainablebusi-

nesspracticesandprovideabenefittosociety.Islamic

financeaimstoprovidesocialjustice,fairness,and

anequaldistributionofresourcesthroughprovid-

ingsocialprotectiontothelessprivilegedinsociety.

Islamicbankingandfinancecanprovidethesupport

andguidancenecessaryforborrowerstosucceedin

theirbusinessventures.Risk-sharingisusedtoen-

surethatbothfinanciersandborrowersworktogether

withalignedinterestsandmutualbenefits.Poverty

alleviationisafocusinIslamicmicrofinancethatthe

industryaddresseshead-onthroughprovidingloans

that stimulate growth while not burdening the borrow-

erwithexcessivedebtfromincurringinterest.Islamic

financepridesitselfonencouragingentrepreneurship

andsharingrisktosupportentrepreneurialendeavors.

Therefore,theIslamicfinancialobjectivegoesbeyond

profitmaximizationandisinsteadfocusedonachiev-

ingsocietalprosperity.

INFRASTRUCTURE FINANCING AND ISLAMIC FINANCE

ArecentsurveybyPewResearch(2017)

projectstheworldpopulationtoincrease

by32%inthecomingdecades.Thecur-

rent total population of Muslims is 1.8 bil-

lion,with1.6billionlivinginOICcountries.

Withtheforecastedgrowthinpopulation,

theglobaleconomywillneedmorethan

50trilliondollarsininfrastructurefinancing

forprojectssuchasurbanization,well-

organizedtransportsystems,waterandFigure 2: Regional composition of Islamic finance assets (2017), Source: IFSB Report (2018)

Figure 1: Sectoral Composition of Islamic Finance Assets (2017). Source: IFSB Report (2018)

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DSI / DECISION LINE 19JANUARY 2019

sanitationprojects,energysystems,andinformation

andtechnology-relatedprojects.Therecentfinancial

crises,alongwithothereconomicissuessuchasvola-

tilityinoilandcommoditymarketscoupledwithenergy

crisesinsomeemergingcountries,haveincreased

fiscaldeficits,especiallyintermsofinfrastructurefi-

nancing,whichdeterseconomicdevelopmentinthese

countries.Duetolimitedpublicfinancing,governments

looktotheprivatesectortoinvestinbuildinginfrastruc-

tureforsustainedeconomicdevelopment.

Overthelastdecade,Islamicfinancehasplayeda

criticalroleinfinancingawidevarietyofinfrastructure

projectsbothinIslamicandnon-Islamiccountries.The

conventionalsourcesoffinancingarelargelydebt-

basedandconsistbasicallyofrisk-shiftingfinancial

productsthatincreasesystematicriskintheworld

economyandcausefrequentfinancialcrisis.Islamic

finance,ontheotherhand,isbasedonrisk-sharing

principlesthatrequireahighdegreeoftransparency

andcreateincentivesforallstakeholderstomonitor

projects,thusmakingtheoverallinfrastructuremore

sustainable.Infrastructurefinancingcanbearranged

throughtheIslamicmodeoffinancingthroughprivate-

public-partnerships(PPP).

CONCLUSION

Islamicfinanceisoneofthefastestgrowingindus-

trysegmentsinglobalfinance.Ithasmuchpotential

forgrowthinbothMuslimandnon-Muslimcountries

becauseitscorebusinessprinciplesregardinginterest,

uncertainty,harmfulactivities,andrisk-sharinghave

universalappeal(KayedandHassan,2011).Islamic

financehasastrongpotentialtoplayadecisiverolein

supporting the implementation of the Sustainable De-

velopmentGoals(SDGs)andinfrastructurefinancing.

RESE

ARCH

FEA

TURE

CONT. FROM PG. 18 REFERENCES

AAOIFI,2003.Shari’ahStandards,AccountingandAuditingOrgani-zationforIslamicFinancialInstitutions.Manama:AAIOFI.

Ahmed,H.,Mohieldin,M.,Verbeek,J.&Aboulmagd,F.,2015.OntheSustainableDevelopmentGoalsandtheRoleofIslamicFinance,s.l.:WorldBankGroup.

Ashraf,D.,2013.PerformanceevaluationofIslamicmutualfundsrelativetoconventionalfunds:EmpiricalevidencefromSaudiArabia.InternationalJournalofIslamicandMiddleEasternFinanceandManagement,Volume6,pp.105-121.

El-Maghrabi,M.H.,Gable,S.,Rodarte,I.O.&Verbeek,J.,2018.SustainableDevelopmentGoalsDiagnostics:AnApplicationofNet-workTheoryandComplexityMeasurestoSetCountryPriorities,s.l.:WorldBankGroup.

Hassan,M.K.,Khan,A.&Paltrinieri,A.,2019.Liquidityrisk,creditriskandstabilityinIslamicandconventionalbanks.ResearchinInternationalBusinessandFinance,Volume48,pp.17-31.

Hassan,M.Kabir,PaltrinieriAndrea,AlbertoDreassi,StefanoMianiandAlexSclip(2018),“Thedeterminantsofco-movementdynam-icsbetweensukukandconventionalbonds,”QuarterlyReviewofEconomicsandFinance,68:73-84

Hassan,M.Kabir,RasemN.KayedandUmarA.Oseni,IslamicFinance,PearsonPublishingCompany,May2013:436pages

IFSB,2018.IslamicFinancialServicesIndustaryStabilityReport,KualaLumpur,Malaysia:IslamicFinancialServicesBoard.

IIFM,2018.IIFMAnnualSukukReport,KualaLumpur,Malaysia:InternationalIslamicFinancialMarket.

Kammer,A.etal.,2015.IslamicFinance:Opportunities,Challenges,andPolicyOptions,Washington,D.C.USA.:INTERNATIONALMONETARY FUND.

Kayed,RasemandM.KabirHassan,“TheGlobalFinancialCrisisandIslamicFinance,”ThunderbirdInternationalBusinessReview,Volume53,Issue5(September/October,2011):551-564

Kennedy,M.,1995.InterestandInflationFreeMoney:CreatinganExchangeMediumThatWorksforEverybodyandProtectstheEarth..Okemos,MI:SevaInternational.

Kusuma,K.A.&Silva,A.C.,2014.SukukMarkets:AProposedAp-proachforDevelopment,WashingtonDC:TheWorldBank.

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P

DSI / DECISION LINE 20JANUARY 2019

ProfessorEvanscametoUCin1975in

theQuantitativeAnalysisdepartment(now

Operations,BusinessAnalytics,andInfor-

mationSystems)afterreceivingBSIEand

MSIEdegreesfromPurdue,andaPhDin

industrialandsystemsengineeringfrom

GeorgiaTech.Duringhiscareer,hehas

published100refereedpapers,presented

over90conferencepresentations,and

publishedapproximately50editionsof

overtwentytextbooksinqualitymanage-

ment,operationsmanagement,simulation,

statistics,businessanalytics,andother

areasofmanagementscience.Oneofhis

bookswithWilliamLindsay,TheManage-

mentandControlofQuality(FifthEdition),

receivedthe2003PhilipB.CrosbyMedal

fromtheAmericanSocietyforQuality.In

1984,hereceivedtheDecisionSciences

Institute/AlphaIotaDeltaInnovativeEdu-

cationAwardforintegratingcreativethink-

JAN OLHAGER IS RECOGNIZED AS HONORARY FELLOW BY EUROMA

ProfessorJanOlhager,Departmentof

IndustrialManagementandLogistics,Lund

University,Sweden,receivedtheEurOMA

FellowshipAwardbyEurOMA,European

OperationsManagementAssociation,at

theannualEurOMAconferenceinJune

2018inBudapest,Hungary.

Thecitationreads“TheEurOMAFellow-

shipAwardisgrantedinrecognitionof

theFellow’scontributiontoOMresearch

MEM

BERS

IN T

HE N

EWS

Jan Olhager (right) re-ceives the EurOMA Hon-orary Fellowship award by Professor Giovanni Perrone, the chairman of EurOMA.

ingprinciplesinteachingmanage-

mentscience.Healsodeveloped

andtaughtoneofthefewcourses

onqualityandperformanceexcel-

lencecenteredontheMalcolm

BaldrigeAwardcriteria.

In1994,hewasselectedasanExaminer

fortheMalcolmBaldrigeNationalQuality

award,andin2004wasappointedasa

nationaljudgefortheAwardbytheU.S.

SecretaryofCommerce.Hewasactive

innumerousprofessionalsocietiesand

servedinnumerousleadershipcapacities,

mostnotablyasPresidentoftheDecision

SciencesInstitute,ofwhichhewasalso

designatedasaFellow.Heservedas

EditoroftheQualityManagementJournal,

publishedbytheAmericanSocietyfor

Quality,andinvariousothereditorialposi-

tionsforavarietyofresearchjournals.

andeducationinEurope,andasasignof

respectfortheFellow’sservicetoEurOMA

andtotheOMcommunityinEurope.“

Professor James Evans, Jr.

RETIREMENT – PROFESSOR JAMES EVANS, JR.

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DSI / DECISION LINE 21JANUARY 2019

It is with deep sadness that we note the

passingofDr.JackC.Hayya.Hedied

Tuesday,December11,2018,athome.

HereceivedaBachelor’sdegreeinCivil

Engineering from the UniversityofIllinois,

a Master’s degree in Management from

theCaliforniaStateUniversityatNorth-

ridgeandaDoctoratedegreeinBusiness

AdministrationfromtheUniversityofCali-

forniaatLosAngeles.Jackretiredin1998

fromThePennsylvaniaStateUniversity

as Professor Emeritus of Management

Science.HestartedatPennStatein1967,

waspromotedtofullProfessorin1975and

IN MEMORIAM – JACK C. HAYYA, PH.D. 1929 -2018

MEM

BERS

IN T

HE N

EWS CONT. FROM PG. 20

was granted permanent tenure in

1973.Hewasanactiveresearcher

inDecisionSciences,Operations

ManagementandManagementSci-

encecommunities,notedasserved

asAssociateEditorforDecision

ScienceJournalandreviewersfor

manykeyjournalsandconferences.

Hewasrecognizedin1990asa

fellowoftheDecisionSciences

Institute.

Hewasagreatscholarandatireless

mentor to all his students.

Jack C. Hayya, Ph.D.

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DSI / DECISION LINE 22JANUARY 2019

APDSI - BRISBANE AUSTRALIA

The2019annualMeetingoftheAsianPacificDecision

SciencesInstitutewillbeheldattheMercureHotel

Brisbane,AustraliaonJuly15to18th2019

Theconferencethemeis“Technologysupporting

peopleanddecisionmaking”.

A link to the website is https://www.apdsi2019.com/and

a link to the hotel is https://www.accorhotels.com/gb/

hotel-1750-mercure-brisbane/index.shtml

Anysuggestionsforseminarsorworkshops(particu-

larlyaroundteaching)willbegreatlyappreciated.For

example,onesuggestionforaworkshopis“bigdata

forsmall/nobudgets?”

PleasecontactDonKerr([email protected])

withyourideasorfurtherdetails.

WHAT ABOUT BRISBANE, AUSTRALIA?

Brisbanewasthehostcityofthe1988WorldExpo,

andin30yearshasevolvedsignificantly.Tourism

investmentshavegrowntoincludeanewairportrun-

way,cruiseterminal,integratedresortandentertain-

mentprecinctssuchastheHowardSmithWharves.

Brisbaneisalsoearmarkedasacityaimingtoreach

itsgoalsofasmartcityby2020,whereinformation

throughbigdataissteeringthemannerinwhichdeci-

sionsaremadeacrossmacrotomicrolevelsinboth

thepublicandprivatesector.

AlthoughitwillbewinterinJuly(weareinthesouth-

ernhemisphere),theclimateisquitemildwithwinter

temperatures ranging from a low of 10 degrees Cel-

sius (50 degrees Fahrenheit) to 21 degrees Celsius

(70degreesFahrenheit).

The surrounding areas of Brisbane offer a great num-

berofattractionsandBrisbaneisveryclosetothe

GoldandSunshineCoasts.TheGoldCoastishome

toMovieWorld,SeaWorldandDreamworldwhilethe

SunshineCoastisabitmorelaidbackwithbeaches

andthehinterlandbeingthemaintouristattractions.

Youcouldalsocatchaplaneandheaduptothe

GreatBarrierreef.

WewouldwelcomeallAPDSIandDSIdelegatesto

Brisbane,theNewWorldCity!

Formoredetailspleasecontacttheconferenceorgan-

iser Don Kerr – email [email protected]

Brisbane – the river city

The Gold Coast – cosmopolitan with an engaging nightlife (south of Brisbane)

The Sunshine Coast – Relaxed atmo-sphere and Pristine environment (north of Brisbane)

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DSI / DECISION LINE 23JANUARY 2019

DECISION SCIENCES IN A CONNECTED WORLD

10TH ANNUAL EUROPEAN DECISION SCIENCES CONFERENCENOTTINGHAM, UKJUNE 2 – 5, 2019

TheUniversityofNottinghamintheUKwill

hostEDSI2019.Thecallforpapersand

registrationisopen!Visit:

http://www.edsi-conference.org/

EDSI2019invitescontributionsfromthe

fullspectrumofdisciplinesrelevanttothe

decisionsciences,includinganalysis,mod-

eling,andqualitativestudies.Conference

highlightsinclude:

KEYNOTES• ThePowerofSocialNetworkAnalysis

(MartinEverett,UniversityofManches-

ter)

• SeekingtheBestSuppliersintheWorld

– Competition and Collaboration (Rob-

ertJohnson,JaguarLandRover)

• RetailBeyondtheTippingPoint:

TacklingtheFulfilmentChallengesin

Omni-ChannelRetailing(NeilAshworth,

Collect+/Yodel)

TUTORIAL SESSIONS• DigitalMethodsandTechnologiesfor

InterdisciplinaryResearch

• ComplexNetworksAnalysiswithR/

Python

• BayesianMethodsandKnowledge

Elicitation

• ConductingRigorousSurvey-based

Research

SPECIAL SESSIONS AND STREAMS

• PublicProcurementandHumanitarian

aid SCM

• Digital Business Transformations

• Fintech

• SustainabilityResearchinJapan,

• Offshoring,Nearshoring,&Reshoring

• Industry4.0:InformationLeakage,Se-

curityandBusinessIntelligence

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DSI / DECISION LINE 24JANUARY 2019

WORKSHOPS AND PANELS• QualityManagementResearch:Future

Directions

• DigitalHealthcare

• InvestigatingDecouplinginOM/SCM:

ContingenciesandConsequences

Nottingham is one the UK’s premier

RussellGroupUniversities,locatedona

beautiful350acreparklandcampusthat

includesstateoftheartconferenceand

hotelfacilities.

SOCIAL PROGRAM AND TRAVEL

Theconferencefeeincludesatraditional

beer,ciderandcheesetasting,agala

dinnerandtourofWollatonHallanddeer

park.Optionaltripsaftertheconferenceon

Wednesday5thJuneinclude:

• Chatsworth house and gardens – his-

toricpanoramiccountryhouse(about

30milesaway).TheRoyalHorticultural

Societyhavetheirshowatthistimefor

gardenersandplantlovers.

• NottinghamhistorictripwithRobin

Hood!andlunchintheoldestpubinthe

UK (Ye Old Trip Jerusalem) – an after-

noonfalconryandarcheryexhibition.

Numbers are limited on both trips so

EARLY BOOKING ADVISED!

Nottinghamiscentrallylocatedintheheart

of England about 120 miles from London

(1hr40minsbytrain).Itiseasilyaccessi-

blewithconnectionsfromLondonairports,

EastMidlands(closest),Birmingham,and

Manchester.Nottinghamiswelllocated

fortravelinEngland–theLakeDistrict,

theWestCountry,andWales,Scotland

andIreland.Edinburgh,Glasgow,Dublin,

BelfastareanhourawaybyairfromEast

Midlands. The London rail terminus for

NottinghamisStPancrasInternational

whichhostsEurostarwithtrainstoParis,

Brussels and Amsterdam.

PleasenotethattheCricketWorldcupis

takingplaceatthistimeandNottingham

isoneofthematchvenues(wewillhave

aspecialtutorialexplainingtherulesfor

thosewhomaynotknow)butplease

BOOKyourACCOMODATIONEARLY

through the website to ensure preferential

ratesandroomavailability.

BartL.MacCarthy

ConferenceChair

Contact:[email protected]

CONT. FROM PG. 23

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DSI / DECISION LINE 25JANUARY 2019

12TH INDIAN SUBCONTINENT REGION OF DECISION SCIENCES INSTITUE (ISDSI) CONFERENCE REPORT

The12thAnnualIndianSubcontinentDecisionSci-

encesInstitute(ISDSI)conferencewasheldfrom

December27-30,2018atSPJIMRMumbai.Asakey

chapteroftheDSI,ISDSIhasbeensteadilygrowing

forthepastfewyears.

Withthecentralthemeof‘DataDrivenDecisionMak-

ingintheDigitalAge’,theconferenceprovidedaplat-

formforleadingacademicians,researchersandprac-

titionersfrombothIndiaandabroadtocometogether

and deliberate on this theme. More than 400 delegates

fromeightdifferentcountriesandleadingmanagement

schoolsinIndiaandabroadparticipatedattheconfer-

ence.Over325researchpaperswerepresentedin20

paralleltracks.

Theconferencestartedwithadedicatedday-long

DoctoralColloquiumonDecember27,anchoredby

theinauguralspeaker,ProfessorCRajendran-IIT

Madras.TheDoctoralColloquiumfocusedonprovid-

ingyoungdoctoralstudentsguidanceonacademic

lifeandfacilitatedahealthyinteractionofscholars

–bothlocalandinternationaltoprovideaflavour

ofacademiclife.Inadditionto27doctoralstudents

presentingtheirresearchandseniorfacultymentors

providingthemwithusefulinputs,thedoctoralcollo-

quiumfeaturedseveralsessions:Convertingdisserta-

tiontopapers,Navigatingjobmarketandearlycareer

challengesforPhDScholars,Enhancingteaching&

learningeffectiveness.Thiscolloquiumwascarried

out,undertheleadershipofProfessorAntonyPaulraj,

LiDakSumChairProfessorinInformationSystems

andOperationsManagement,NottinghamUniversity

BusinessSchoolinChina,supportedbyDr.Sreedevi

R,SPJIMR.

OnDecember28th,theInauguraladdressofthe

conferencewasdeliveredbythechiefguestMr.Gopi-

chandKatragadda,GroupChiefTechnologyOfficer,

Tata Sons who set the theme for big data and the

possibilitiestherein.Theguestofhonour,Professor

JeetGupta,presentedavideomessagefromtheDSI

From left to right (from conference inauguration):Jeet Gupta – Past Presi-dent DSI; Gopichand Katragadda – Group Technology Officer, Tata Sons; Abhijeet Digalwar – Past President India DSI; Ranjan Banerjee – Dean SPJIMR; Ravi Jain – Vice President – APDSI; Bhimaraya Metri – Director, IIM Trichy; Sajeev George – Confer-ence Co-chair; Sriram Narayanan – Conference co-chair.

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DSI / DECISION LINE 26JANUARY 2019

Presidentduringtheinauguralceremony.“Outstand-

ingServicesAward”wasconferredonProfessorB

AMetriforhiscontributiontoISDSIandAPDSIand

“BestDirectorofBusinessSchoolsinIndiaAwards”

were presented to the following Professors.

• Dr.BharatBhasker(Director,IIMRaipur)

• Fr.E.Abraham,S.J.(Director,XLRIJamshedpur)

• Dr.RaviKJain(Director,SIBMHyderabad)

Thethreekeynotespeakersfortheconferencewere:

ProfessorKingshukSinha(CarlsonSchool,University

ofMinnesota);Mr.AnkurThareja(JohnsonControls

India)andMs.MridulaRamesh(Founder,Sundaram

ClimateInstitute).Thesespeakersfocusedonsetting

themesaroundtacklinggrandchallengesofsociety,

thepossibilitiesinbigdataanddatascienceanddis-

cussionaroundclimatechangeanditsimpactonIndia,

respectively.Theconferencealsoshowcasedseven

Featured Panels and three workshops with a total of

52leadingacademicsandpractitionerswhoengaged

theaudience.Thedeliberationsinthefollowing

FeaturedPanelsheldattheconferencehadadistinct

focusontheIndiaspecificconcernscurrentlyfacedby

academiciansandpractitioners.

• DecisionSciencesinPractice

• WomeninDecisionSciences

• Pedagogy:EngaginginActiveLearninginCollabo-

rationwithIndustry

• PublishinginHighQualityJournals

• GlobalAccreditationsanditsImpact

• IndustryandDecisionSciences:AppliedResearch

andBuiltEnvironmentApplications.

• ApplyingDecisionSciencesforCreatingInclusive

Environment

Inadditiontotheabovepanels,theconference

featuredtwoworkshopscentredaroundthefollowing

themes.

• DataSecurity,PrivacyandLocalization

• ManagerialDecisionMakinganduseofTOC

EvaporatingClouds

Apartfromthese,theconferencefeaturedaNew

FacultyColloquium,heldonDecember29.Thecol-

loquiumprovidedusefulinputstojuniorfacultytohelp

From left to right (from doctoral consortium):Abhijeet Digalwar – Past President India DSI; Antony Paulraj – Doctoral Consortium Coordinator; Dr. C. Rajendran – IIT Chennai; Ranjan Ba-nerjee – Dean SPJIMR; Sriram Narayanan – Con-ference co-chair; Sajeev George – Conference Co-chair.

CONT. FROM PG. 25

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DSI / DECISION LINE 27JANUARY 2019

themsuccessfullynavigatetheiracademiccareers

andintroducedthemtothepossibletraitsneededto

becomeaworld-classfaculty.Thiswasorganizedun-

dertheleadershipofDr.SubashSarin,PaulT.Norton

EndowedProfessor,VirginiaTech.

Theconferencewasgenerouslysupportedbythe

IndustrywithTataSteelasthePlatinumSponsor,SAS

astheDataSciencePartner,IndianExpressasthe

MediaPartnerandmanyothercompaniesasassociate

sponsors.TheSPJIMRDean’swelcomedinnerwas

heldatAndheriRecreationClubon28thDecember

andtheConferenceGalaDinneratJWMarriott,Sahar

on29thDecember.

TheConferenceChairs:ProfessorSajeevAbraham

George(SPJIMR);ProfessorSriramNarayanan(Eli

BroadCollegeofBusiness,MichiganStateUniver-

sity)andProfessorAbhijeetDigalwar(PastPresi-

dentISDSI,andAssociateProfessoratBITS-Pilani)

sharedtheirthoughts:Thisyear,inadditiontoexciting

keynotesandworkshops,anewformatof‘Featured

Panels’wasintroducedtostimulateadiscourseoncur-

rentissuesthatarecriticalintheIndianenvironment

andtopotentiallyelicitresearchinterestfromscholars

ontheseissues.Inadditiontocreatinganintellectually

stimulatingprogramme,theorganizersalsofocused

onprovidingsuperiorconferenceexperiencetothe

delegatesthroughtheuseofahome-grownstudent

developediPhoneandAndroidconferenceappsfor

delegatestotrackthepapersandevents.Inaddition,

theconferencealsofocusedoncreatingatechnol-

ogyinfrastructuretointegrateISDSIwithrestofthe

researchcommunity.Particularly,forthefirsttime,

theconferenceundertookFacebooklivestreamingof

sessionsandarchivedthevideosinanewlylaunched

ISDSIYouTubechannel.Thischannelwillallow

researchersaroundtheworldtoaccessthedelibera-

tions.

TheFacebooklinkisshownbelow:

https://www.facebook.com/isdsi.spjimr.org/

TheYouTubelinkisalsoshownbelow:

https://www.youtube.com/channel/

UC5vvxN2j_2CsOp05If7qm5g/videos?view=0&flow=

grid&sort=da

SPJIMRDean,Dr.RanjanBanerjeesaid:“TheISDSI

conferencehasbroughttogetherleadingresearchers

andpractitionersinthedecisionsciencesareaand

theconferencehadmanyinterestingideasanddis-

cussions.AtSPJIMR,ourmissionistoinfluenceprac-

ticeandpromotevalue-basedgrowth.Conferences

likeISDSIthatbroughtseveralissueswefaceinthe

countrytotheforecandoalottofostercollaboration,

spreadbestpracticeandhelptopositivelyimpactthe

stateoftheoryandpracticewithregardtoscientific

decisionmaking.”

TheSPJIMRMBAstudentswereakeypartinorgan-

isingtheeventsoverthecourseofthefourdaysthat

enabledthemtolearnthenuancesofconductinga

highreputeinternationaleventoncampus.

Inthevaledictory,theConferenceChairsalsoac-

knowledged and thanked the DSI and ISDSI board

andleadershipfortheirsupport.Theconferencewas

notpossiblewithouttheirassistance.Theconference

concludedwiththeannouncementbythenewpresi-

dentofISDSI,ProfessorMPJaiswal,DirectorIIM

Sambalpurthatthe13theditionoftheconferencewill

beheldatBhubaneswarfromDecember27-30,2019.

Theconferenceeventanditsdeliberationswillbe

coveredbyIndianExpress–anationalnewsoutletin

India.

Weencouragefutureparticipationfromthebroader

DSIcommunityinthe13thISDSIconferencethat

willbeheldinBhubaneshwarbyIndianInstituteof

Management,Sambhalpurfrom27ththrough30th

December2019.WerequesttheDSIcommunityto

staytunedintoit.Pleasevisittheconferencewebsite

https://dsiindia.org/ for more details.

CONT. FROM PG. 26

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DSI / DECISION LINE 28JANUARY 2019

2019 Midwest Decision Sciences Institute Conference

Crowne Plaza Hotel Downtown Indianapolis, IN

April 4 - 6, 2019

(877) 270-1393

Big Data and Business Analytics in

Teaching and Research

Competitive Papers; Abstracts; Student Papers; Symposia,

Tutorials, and Workshops on all topics relevant to

business are encouraged.

Those focusing on the 201 9 theme are especially welcome.

Submit: http://mwdsi.net

D ouble blind review process.

Conference Co- Chair s Peggy Daniels Lee , [email protected]

Sanjay Kumar, [email protected]

AWARDS Stan Hardy Best Conference Paper Award

Best Innovative Education Paper Best Student Paper

CONFERENCE HIGHLIGHTS

Keynote and panel presentations by distinguished academicians

Publishing in DSJIE Workshop

Research Workshop Reception Adidas Plant Tour

TRACKS Accounting & Finance

Behavioral Aspects of Information Security & Privacy

Behavioral Operations Management

Business Analytics - Research

Behavioral Operations Management

Organizational Behavior

Industry 4.0 Entrepreneurship

Health Care Management

Finance & Economics

Marketing & Sports Management

CALL FOR SUBMISSIONS

Submit your work here: http://mwdsi.net

Pepsico (Gaterade) Plant Tour

Data Mining

Teaching Innovation

Business Analytics - Teaching

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DSI / DECISION LINE 29JANUARY 2019

Northeast Region of the Decision Sciences

Institute (DSI) APRIL 4 – 6, 2019 2019 Annual Conference (48th)

Philadelphia, PA

Important Dates • Submissions began:

September 15, 2018

Special Events

We are delighted to host NEDSI 2019 in Philadelphia. In addition to our academic sessions, we feature the following special events and activities:

• Welcome Plenary Sessionfeaturing Harold Epps, Directorof Commerce for the City ofPhiladelphia and Jeff Hornstein,Director of the Economy League.

• Speakers on Innovation andSustainable DM (TBA)

• Tours of Philadelphia’s NavyYard, which is a model ofsustainable and innovativeeconomic development

• Tour of Penn State’s campus atthe Navy yard with reception

• Gala dinner and awardsceremony

• Self-guided and trolley tours• Proximity to several world class

restaurants including Vedge,Vetri, Talula’s Garden, Zahav,Lacroix, Bibou and others

Hotel and Registration Please visit the following website:

https://nedsi.net

Tracks and Track Chairs Marketing

Effie Stavrulaki, [email protected] Innovation and Creativity

Carolyn LaMacchia, [email protected] Decision Making

Gang Li, [email protected] John W. Weber, [email protected]

Sustainability Hal Ravinder, [email protected]

Accounting, Finance, Economics Homer Bonitsis, [email protected] Chiaku Chukwuogor, [email protected]

International Business and Law Jennifer Swanson, [email protected]

Organizational Theory and Behavior Jennifer Swanson, [email protected] Kellyann Kowalski, [email protected]

Operations Management/Operations Research Joy Field, [email protected]

Teaching and Innovative Education Linda Friedman, [email protected] Information Systems and Decision Support

Manouch Tabatabaei, [email protected]

Carolyn LaMacchia, [email protected] Business Analytics and Knowledge Management

Matt Liberatore, [email protected] Dinesh R. Pai, [email protected]

Supply Chain Management and Logistics Pedro Reyes, [email protected] Legal, Ethical, and Social Issues

Binshan Lin, [email protected] Anil Aggarwal, [email protected]

Strategy, New Ventures and Entrepreneurship Anshu Arora, [email protected] Jeff Moretz, [email protected]

• Submission Deadline: ALLpapers, abstracts, posters,and workshops: December17, 2018

• Notification of Acceptance:January 30, 2019

• Deadline for resubmission ofrevised full papers: Feb 5,2019

Awards • The best undergraduate

research poster presentation

• Best grad student papers*

• Best conference papersacross all tracks and otherawards TBA*

* Only full papers will beconsidered for best paperawards

Sponsoring Institute Penn State Great Valley School of Graduate and Professional Studies

Chancellor: Dr. James Nemes

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DSI / DECISION LINE 30JANUARY 2019

NEDSI Officers for 2019

President: Neset Hikmet, University of South Carolina

President Elect: Doug Hales, University of Rhode Island

Immediate Past President:

Pedro M. Reyes, Baylor University

Program Chair 2019:

Eric W. Stein, Penn State Great Valley School of

Graduate Professional Studies

Program Chair Elect 2020: Theologos Homer Bonitsis, New Jersey Institute of Technology

VP Communications:

Hal Ravinder, Montclair State University

VP Technology: Koray Ozpolat,

University of Rhode Island

VP Promotional Activities: Javad Paknejad,

Hofstra University

VP Member Services: Carolyn Lamacchia,

Bloomsburg University of Pennsylvania

Treasurer: Mehmet G. Yalcin,

University of Rhode Island

Secretary: Gang Li, Bentley University

Archivist: Jennifer A. Swanson,

Stonehill College

Contact [email protected] http://www.nedsi.net

Technology Issues

[email protected]

Sponsoring Institute Penn State Great Valley School of Graduate and Professional Studies

Chancellor: Dr. James Nemes

Sessions We received over 175 papers, abstracts and proposals on the topical areas and tracks listed on the front page. The papers were double-blind reviewed by referees and abstracts were subject to final review by the Track Chairs and the Program Chair. Accepted papers and abstracts will be published in the conference proceedings. Copyright of the papers will stay with the author(s).

To be included in the proceedings and scheduled for presentation, at least one author must register for the conference by February 5, 2019.

Meeting Venue

The 48th Annual Meeting of NEDSI will be held at the stunning DoubleTree by Hilton Hotel in beautiful downtown Philadelphia on the US east coast. The conference organizing committee has prepared an enjoyable and productive conference in Philadelphia. Tours and other events are included.

About Philadelphia: https://www.visitphilly.com/About Pennsylvania: https://visitpa.com/ Center City Hilton DoubleTree: Reservations: go to nedsi.net To receive the conference-discounted

rate, reservations must be made by March 15, 2019.

About the Airport – Philadelphia: http://www.phl.org/

Hotel and Registration Please visit the following website:

https://nedsi2019.net

Publication Opportunity Proceedings are published in EBSCO. We are also exploring having full paper submissions considered for publication in one of the following journals:

Decision Sciences Journal of Innovative Education

International Journal of Business Excellence

International Journal of Business Innovation and Research

International Journal of Management Concepts and Philosophy

International Journal of Operational Research

Message from the Chair

The 2019 NEDSI Conference will be held at the DoubleTree Hilton Hotel in Philadelphia, PA April 4 - 6, 2019.

On-site check-in will start on April 4th, Thursday morning at 8am.

The sessions will start on April 4th, Thursday morning at 9am and will continue through April 6th, Saturday afternoon.

The gala dinner, keynote and awards ceremony will be held on April 6th, Saturday night.

A complementary full hot breakfast buffet will be served Friday and Saturday mornings.

See you in Philadelphia, PA!

Eric W. Stein, Ph.D. Associate Professor of Management Science and Information Systems Penn State

CONT. FROM PG. 29

FROM

THE

REG

IONS

- NE

DSI

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DSI / DECISION LINE 31JANUARY 2019

MWDSIPresident:SanjayKumar,ValparaisoUniversity

Past President:PeggyDanielsLee,IndianaUniversityPurdueUniversity–Indianapolis

Transition Team:

JaideepMotwani,GrandValleyStateUniversity

DianeH.Parente,PennStateUniversity-Erie

JohnParente,MercyhurstUniversity

StephanieEckerd,IndianaUniversityPurdueUniversity–Indianapolis

SanjeevJha,ValparaisoUniversity

JanainaSiegler,ButlerUniversity

Archivist:XiaodongDeng,OaklandUniversity

V.P. of Technology:SourishSarkar,PennStateUniversity–Erie

NEDSIPresident:NesetHikmet,UniversityofSouthCarolina

President Elect:DougHales,UniversityofRhodeIsland

Immediate Past President:PedroM.Reyes,BaylorUniversity

Program Chair 2019:EricW.Stein,PennState-GreatValleySchoolofGraduateProfessionalStudies

Program Chair Elect 2020: Theologos Homer Bonitsis,NewJerseyInstituteofTechnology

VP Communications:HalRavinder,MontclairStateUniversity

VP Technology:KorayOzpolat,UniversityofRhodeIsland

VP Promotional Activities:JavadPaknejad,HofstraUniversity

VP Member Services:CarolynLamacchia,BloomsburgUniversityofPennsylvania

Treasurer:MehmetG.Yalcin,UniversityofRhodeIsland

Secretary:GangLi,BentleyUniversity

Archivist:JenniferA.Swanson,StonehillCollege

REGI

ONAL

OFF

ICER

S OFFICERS OF OUR AMERICAS REGIONAL SUBDIVISIONS

SEDSIPresident:RezaKheirandish,ClaytonStateUniversity

President Elect: TobinTurner,PresbyterianCollege

Past-President: SuzieSmith,PresbyterianCollege

Program Chair:CherylAasheim,GeorgiaSouthernUniversity

Program Chair Elect: PingWang,JamesMadisonUniversity

Secretary (2016-2017):SaraBlissKiser,AlabamaStateUniversity

V.P. Finance:ChrisMcCart,RoanokeCollege

V.P. Member Services:AliNazemi,RoanokeCollege

V.P.Planning&Development:MauroFalasca,EastCarolinaUniversity

V.P. Publications:ShonaMorgan,NorthCarolinaA&TUniversity

V.P. Student Services:LaquandaLeaven,NorthCarolinaA&TUniversity

V.P. Meetings:L.DrewRosen,UniversityofNorthCarolinaWilmington

Archivist & Web Services: GeorgeS.Lowry,Randolph-MaconCollege

SWDSIPresident: MarkMcMurtrey,UniversityofCentralArkansas

President-Elect:KhaledAlshare,QatarUniversity

Program Chair:MatthewLindsey,StephenF.AustinStateUniversity

Program Chair-Elect:DanPeak,UniversityofNorthTexas

Past President:MohanRao,TexasA&MUniversity,Corpus Christi

Secretary: KittipongBoonme,TexasWomen’sUniversity

VP- Finance:LynneCagleCox,UniversityofNorthTexas

VP - Member Services:GinaHarden,StephenF.AustinStateUniversity

VP - Student Liaison:GaylePrybutok,UniversityofNorth Texas

Regional Archivist:MikeHanna,UniversityofHouston-ClearLake

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DSI / DECISION LINE 32JANUARY 2019

REGI

ONAL

OFF

ICER

S CONT. FROM PG. 31

APDSICurrently operating under a Caretaker Board

Caretaker Board

ProfessorTritosLaosirihongthong,ThammasatUniversity,THAILAND,mostrecentAPDSIPresidentandAPDSI2018ConferenceChair,Co-Chair of APDSI Caretaker Board

ProfessorDonKerr,UniversityoftheSunshineCoast,AUSTRALIA,mostrecentAPDSIPresidentElectandAPDSI2019ConferenceChair,Co-Chair of APDSI Caretaker Board

ProfessorJanHartley,BowlingGreenStateUniversity,USA,PresidentElect,DSI

ProfessorNormaHarrison,MacquarieGraduateSchoolofManagement,AUSTRALIA,PastPresident,DSI and APDSI

ProfessorYanDong,UniversityofSouthCaroline,USA

EDSIPresident:MarcoSartor,UniversityofUdine

Immediate Past President:GyulaVastag,SzechenyiUniversity

President Elect:JanOlhager,LundUniversity

European VP at DSI:CarmelaDiMauro,UniversityofCatania

Secretary/Treasurer:GuidoOrzes,FreeUniversityofBozen

2019 Program Chair:BartMacCarthy,UniversityofNottingham

VP South Europe:SukranAtadeniz,UniversityofSt.Thomas

VP Northern Europe:MarkkuKuula,AaltoUniversity

VP Eastern Europe:DanutaKisperska-Moron,UniversityofKatowice

OFFICERS OF OUR INTERNATIONAL REGIONAL SUBDIVISIONS

WDSIPresident:AlbertHuang,UniversityofthePacific

ImmediatePastPresident:NatasaChristodoulidou,

CSUDominguezHills

President Elect:OmerS.Benli,CaliforniaStateUniversity,LongBeach

Vice President of Programs and Program Chair: :TheodoreByrne,CSUDominguezHills

Vice President and Program Chair Elect: Salem Boumediene,MontanaStateUniversity-Billings

Vice President for Members Services:TBD

Secretary Treasure:SheldonSmith,UtahValleyUniversity

Director of Information Systems: Khosrow Moshirvaziri,CSULongBeach

ISDSIPresident:AbhijeetK.Digalwar,BITS,Pilani

Vice President: RaviKumarJain,SymbiosisInstitute of Business Management – India

Vice President (At Large): Ramachandran(Nat)Natarajan,TennesseeTechUniversity

Director:BhimarayaA.Metri,IndianInstituteofManagement

Director:NileshBerad,METInstituteofManagement

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DSI / DECISION LINE 33JANUARY 2019

POSTING DATE INSTITUTION LOCATION JOB TITLE JOB TYPE AREA OF INTEREST

1/14/19 UniversityofNewHaven

WestHaven,CT,USA

Assistant,AssociateProfes-sor

Full-Time BusinessAnalytics

1/9/19 NewMexicoStateUniversity

LasCruces,NM Assistant Professor Full-Time,TenureTrack

InformationSystems

1/7/19 UniversityofSas-katchewan

Saskatoon,Sas-katchewan,Canada

LimitedTermLecturer 1YearFull-Time OperationsManagement,ManagementInformationSystems,BusinessStatistics

1/4/19 BallStateUniversity Muncie,IN,USA Assistant Professor Full-Time,TenureTrack

BusinessManagement,ComputerInforma-tionSystems

1/3/19 BallStateUniversity Muncie,IN,USA AssistantLecturer Full-TimeContractPosition

BusinessManagement,InformationSys-tems,OperationsManagement

12/20/18 BallStateUniversity Muncie,IN,USA Assistant/AssociateProfes-sor

Full-Time,TenureTrack

InformationSystems&OperationsManage-ment

12/13/18 UniversityofAlaskaAnchorage

Anchorage,Alaska,USA

DirectorofGraduateBusi-ness Programs and Continu-ousEducation

Full-Time,TenureTrack

InformationSystemsandDecisionSci-ences,Economics,Accounting&Finance,Management&Marketing

12/13/18 WashingtonUniver-sityinSt.Louis

St.Louis,MO,USA TeachingFaculty Full-Time ManagerialStatistics&DataAnalytics

12/13/18 WashingtonUniver-sityinSt.Louis

St.Louis,MO,USA TeachingFaculty Full-Time ManagementInformationSystems,BigData

11/29/18 UniversityofTexasat Dallas

Richardson,TX,USA

SeniorLecturer,ClinicalAs-sistant Professor

Full-Time InformationSystems

11/27/18 UniversityofSouthDakota

Vermillion,SD,USA Assistant Professor TenureTrack DecisionSciences

11/26/2018 UniversityofIllinoisatUrbana-Cham-paign

Champaign,IL,USA Open Rank Full-Time OperationsManagement,InformationSystems,BusinessAnalytics

11/26/18 GrantMacEwanUniversity

Edmonton,Alberta,Canada

Department Chair Full-Time,TenureTrack

DecisionSciences,Statistics,SupplyChain Management

11/26/18 The College of Saint Rose

Albany,NY,USA Assistant Professor Full-Time Accounting

11/26/18 St.Mary'sUniversity SanAntonio,TX,USA

Assistant Professor TenureTrack ManagementInformationSystems,DataAnalytics

11/17/18 UniversityofHart-ford

WestHartford,CT,USA

Assistant Professor Full-Time,TenureTrack

ProjectManagement,SupplyChainMan-agement

11/13/18 SetonHallUniversity SouthOrange,NJ,USA

Lecturer Full-Time,TenureTrack

ComputerandDecisionScience

11/13/18 UniversityofMichi-gan

AnnArbor,MI,USA FacultyPosition TenureTrack ClinicalInformatics,HealthcareInformatics,PublicHealthInformatics,ConsumerHealthInformatics,DataScienceinHealthcare,InformationTechnologyinHealthServiceResearch

11/13/18 UniversityofWestFlorida

Pensacola,FL,USA AssistantorAssociatePro-fessor

Full-Time BusinessAnalytics&Management

11/12/18 John Carroll Uni-versity

Cleveland,OH,USA Assistant Professor Full-Time,TenureTrack

SupplyChainManagement

11/12/18 AzusaPacificUni-versity

Azusa,CA,USA AssistantorAssociatePro-fessor

Full-Time AppliedStatistics,DataAnalytics

11/8/18 StateUniversityNew York College at Plattsburgh

Plattsburgh,NY,USA

AssistantorAssociateProfessor

Full-Time ManagementInformationSystems

OPEN POSITIONS AT HIGHER EDUCATION INSTITUTIONS

TheDecisionSciencesInstitutewebsiteprovidesalistingofopenacademicpositions.BelowyouwillfindPlacementListingsfor

October10,2018–January14,2019.Formoredetailsontheseandotherpositionlistings,aswellasapplicantlistings,visittheDSI

website – decisionsciences.orgReadytopostaposition?Guidelinesonhowtolistyourpositioncanbefoundthereaswell.

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DSI / DECISION LINE 34JANUARY 2019

CONT. FROM PG. 33

POSTING DATE INSTITUTION LOCATION JOB TITLE JOB TYPE AREA OF INTEREST

11/8/18 Northeastern Illinois University

Chicago,IL,USA Assistant,AssociateProfes-sor

TenureTrack ManagementInformationSystems,Quanti-tativeAnalysis

11/8/18 East Tennes-seeStateUniversity

JohnsonCity,TN,USA

Assistant Professor Full-Time,TenureTrack

Logistics,SupplyChainManagement,Op-erationsManagement,DecisionSciences,orrelatedfield

11/6/18 MassachusettsInsti-tuteofTechnology

Cambridge,MA,USA

Assistant,Associate TenureTrack Engineering,ComputerScience,OperationsResearch,Economics,orrelatedfields

11/6/18 UniversityofInterna-tional Business and Economics

Beijing,China Assistant,Associate,FullProfessor

Full-Time,TenureTrack

SupplyChainManagement,Logistics,Data-base Management

11/6/18 VirginiaTech Blacksburg,VA,USA Assistant Collegiate Profes-sor

Full-Time,Non-TenureTrack

BusinessAnalytics,InformationTechnol-ogy,Operations

11/6/18 ExcelsiorCollege Albany,NY,USA FacultyProgramDirector Full-Time SupplyChainManagement,Logistics,Operations Management

11/6/18 Indiana State Uni-versity

TerreHaute,IN,USA VisitingProfessor/Instructor Full-Time OperationsManagement,SupplyChainManagement,BusinessAnalytics

11/6/18 GreatLakesInstituteof Management

TamilNadu,India Assistant,Associate,FullProfessor

Full-Time SupplyChainOperations,Analytics,MIS,Finance,Accounting

11/1/18 CentralConnecticutStateUniversity

NewBritain,CT,USA

Assistant/AssociateProfes-sor

TenureTrack Operations Management

10/31/18 RAND Corporation SantaMonica,CA,USA

Researcher Full-Time ManagementSciences,InformationScienc-es,OperationsResearch,DataSciences

10/29/18 WayneStateUni-versity

Detroit,MI,USA FacultyPosition TenureTrack Big Data

10/29/18 California State Uni-versity,Northridge

Northridge,CA,USA Assistant Professor TenureTrack BusinessAnalytics,DataScience,AppliedStatistics,OperationsManagement,Opera-tionsResearch

10/29/18 PennsylvaniaStateUniversity

UniversityPark,PA,USA

ClinicalAssistantProfessor Full-Time,NonTenureTrack

ManagementInformationSystems,Busi-nessAnalytics

10/25/18 UniversityofTexasRioGrandeValley

Edinburg,TX,USA Assistant Professor TenureTrack QuantitativeMethods

10/25/18 AmericanUniversitySharjah

Sharjah,UAE Open Rank Full-Time,TenureTrack

SupplyChainManagement

10/25/18 William&Mary,MasonSchoolofBusiness

Williamsburg,VA,USA

ClinicalSeniorAssistant,AssociateProfessor

Full-Time OperationsManagement,InformationSys-tems,InformationTechnology,ComputerScience,Statistics,BusinessAnalytics

10/24/18 TrinityUniversity SanAntonio,TX,USA

Assistant Professor Full-Time,TenureTrack

SupplyChainManagement

10/22/18 SeattleUniversity Seattle,WA,USA Assistant,AssociateProfes-sor

Full-Time,TenureTrack

InformationSystems

10/22/18 UniversityofCalifor-nia,Merced

Merced,CA,USA Assistant Professor Full-Time ManagementofComplexSystems

10/22/18 College of Charles-ton

Charleston,SC,USA Assistant Professor TenureTrack InformationSystems,BusinessAnalytics,DecisionSciences

10/18/18 California State PolytechnicUni-versity

Ponoma,CA,USA Assistant Professor TenureTrack OperationsManagement,SupplyChainManagement

10/16/18 MontclairStateUni-versity

Montclair,NJ,USA Assistant,AssociateProfes-sor

Full-Time,TenureTrack

Statistics,BusinessAnalytics

10/15/18 WestChesterUni-versityofPennsyl-vania

West,Chester,PA,USA

Assistant,AssociateProfes-sor

Full-Time,TenureTrack

Production&OperationsManagement,ProjectManagement,SupplyChainMan-agement

10/15/18 MichiganTechno-logicalUniversity

Houghton,MI,USA Assistant,AssociateProfes-sor

TenureTrack SupplyChain,OperationsManagement,SixSigma,Logistics,Purchasing,ProjectManagement,BusinessDevelopment

10/15/18 SaintJoseph'sUniversity

Philadelphia,PA,USA

Assistant Professor Full-Time DecisionandSystemSciences

10/15/18 New Mexi-coStateUniversity

LasCruces,NM,USA

Assistant Professor Full-Time ProjectSupplyChainManagement

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DSI / DECISION LINE 35JANUARY 2019

CONT. FROM PG. 34

POSTING DATE INSTITUTION LOCATION JOB TITLE JOB TYPE AREA OF INTEREST

10/15/18 CaseWesternRe-serveUniversity

Cleveland,OH,USA Assistant,AssociateProfes-sor

TenureTrack Operations,SupplyChainManagement

10/11/18 WashingtonUniver-sityinSt.Louis

St.Louis,MO,USA FacultyPosition TenureTrack DataAnalytics,OperationsManagement,SupplyChainManagement

10/9/18 UniversityofKansas Lawrence,Kansas Associate,FullProfessor Full-Time,TenureTrack

BusinessAnalytics,SupplyChainManage-ment,InformationSystems,DecisionSci-ences,OperationsManagement

10/9/18 BaylorUniversity Waco,TX,USA Assistant Professor Full-Time,TenureTrack

SupplyChainManagement,OperationsManagement

10/9/18 UniversityofMin-nesota

Minneapolis,MN,USA

Assistant Professor Full-Time,TenureTrack

SupplyChainManagement

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DSI / DECISION LINE 36JANUARY 2019

PAST

PRE

SIDE

NTS 2010 - CURRENT

2017–2018 Jatinder(Jeet)Gupta,Universityof Alabama–Huntsville

2016–2017 FundaSahin,UniversityofHouston

2015–2016 MorganSwink,TexasChristian University

2014–2015 MarcSchniederjans,Deceased

2013–2014 MalingEbrahimpour,Universityof SouthFlorida,St.Petersburg

2012–2013 E.PowellRobinson,Jr.,Universityof Houston

2011–2012 KrishnaS.Dhir,BerryCollege

2010–2011 G.KeongLeong,UniversityofNevada, Las Vegas

2009–2010 RamNarasimhan,MichiganState University

2000 – 20092008–2009 NormaJ.Harrison,MacquarieGraduate SchoolofManagement

2007–2008 KennethE.Kendall,RutgersUniversity

2006–2007 MarkM.Davis,BentleyUniversity

2005–2006 ThomasE.Callarman,ChinaEurope InternationalBusinessSchool

2004–2005 GaryL.Ragatz,MichiganState University

2003–2004 BarbaraB.Flynn,IndianaUniversity

2002–2003 ThomasW.Jones,Universityof Arkansas–Fayetteville

2001–2002 F.RobertJacobs,IndianaUniversity– Bloomington

2000–2001 MichaelJ.Showalter,FloridaState University

1999–2000 LeeJ.Krajewski,UniversityofNotre Dame

1990–19991998–1999 TerryR.Rakes,VirginiaTech

1997–1998 JamesR.Evans,Universityof Cincinnati

1996–1997 BettyJ.Whitten,UniversityofGeorgia

1995–1996 JohnC.Anderson,Universityof Minnesota–Twin Cities

1994–1995 K.RoscoeDavis,UniversityofGeorgia

1993–1994 LarryP.Ritzman,OhioStateUniversity

1992–1993 WilliamC.Perkins,IndianaUniversity– Bloomington

1991–1992 RobertE.Markland,Universityof South Carolina

1990–1991 RonaldJ.Ebert,Universityof Missouri–Columbia

1989–1990 BernardW.Taylor,III,VirginiaTech

1981 – 19891989–1990 BernardW.Taylor,III,VirginiaTech

1988–1989 WilliamL.Berry,OhioStateUniversity

1987–1988 JamesM.Clapper,AladdinTempRite

1986–1987 WilliamR.Darden,Deceased

1985–1986 HarveyJ.Brightman,GeorgiaState University

1984–1985 SangM.Lee,UniversityofNebraska– Lincoln

1983–1984 LaurenceJ.Moore,VirginiaTech, Deceased

1982–1983 LindaG.Sprague,ChinaEurope InternationalBusinessSchool

1981–1982 NormanL.Chervany,Universityof Minnesota–Twin Cities

1979–1981 D.ClayWhybark,UniversityofNorth Carolina–Chapel Hill

DSI FOUNDED – 19791978–1979 JohnNeter,UniversityofGeorgia

1977–1978 CharlesP.Bonini,StanfordUniversity

1976–1977 LawrenceL.Schkade,Universityof Texas–Arlington

1975–1976 KennethP.Uhl,Deceased

1974–1975 AlbertJ.Simone,RochesterInstitute ofTechnology

1973–1974 GeneK.Groff,GeorgiaState University

1972–1973 RodgerD.Collons,DrexelUniversity

1971-1972 GeorgeW.Summers,Deceased

1969-1971 DennisE.Grawoig,Deceased

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DSI / DECISION LINE 37JANUARY 2019

DSI F

ELLO

WS

In order for the nominee to be considered, the nominator must submit in electronic form a full vita of the nominee along with a letter of nomination which highlights the con-tributions made by the nominee in research, teaching and/or administration and service to the Institute. Nominations must highlight the nominee’s contributions and provide appropriate supporting information which may not be contained in the vita. A candidate cannot be considered for two consecutive years.

Send nominations to:Chair of the Fellows Committee Decision Sciences Insti-tuteC.T. Bauer College of Business 334 Melcher Hall, Suite 325Houston, TX [email protected]

Adam,EverettE.,Jr.Anderson,JohnC.Benson,P.GeorgeBeranek,WilliamBerry,WilliamL.Bonini,CharlesP.Brightman,HarveyJ.Buffa,ElwoodS.*Cangelosi,Vincent*Carter,PhillipL.Chase,RichardB.Chervany,NormanL.Clapper,JamesM.Rodger D. CollonsCouger,J.Daniel*Cummings,LarryL.*Darden,WilliamR.*Davis,K.RoscoeDavis,MarkM.Day,RalphL.*Digman,LesterA.Dock,V.ThomasEbert,RonaldJ.Ebrahimpour,MalingEdwards,WardEvans,JamesR.Fetter,RobertB.Flores,BenitoE.*Flynn,BarbaraB.Franz,LoriS.Ghosh,SoumenGlover,FredW.Gonzalez,RichardF.Grawoig,DennisE.*Green,PaulE.Groff,GeneK.Gupta,JatinderN.D.Hahn,ChanK.Hamner,W.ClayHayya,JackC.

Heineke,JanelleHershauer,JamesC.Holsapple,ClydeHorowitz,IraHouck,ErnestC.*Huber,GeorgeP.Jacobs,F.RobertJones,ThomasW.Kendall,JulieE.Kendall,KennethE.Keown,ArthurJ.Khumawala,BasheerM.Kim,KeeYoungKing,WilliamR.Klein,GaryKoehler,AnneB.Krajewski,LeeJ.LaForge,LawrenceLatta,CarolJ.*Lee,SangM.Luthans,FredMabert,VincentA.Malhotra,ManojK.Malhotra,NareshK.Markland,RobertE.McMillan,Claude*Miller,JeffreyG.Monroe,KentB.Moore,LaurenceJ.* Moskowitz,HerbertNarasimhan,RamNeter,JohnNutt,PaulC.Olson,DavidL.Perkins,WilliamC.Peters,WilliamS.Philippatos,GeorgeC.Ragsdale,CliffT.Raiffa,Howard*Rakes,TerryR.

Reinmuth,JamesR.Ritzman,LarryP.Roth,AledaV.Rungtusanatham,Manus(Johnny)Sanders,NadaSchkade,LawrenceL.Schniederjans,MarcJ.*Schriber,ThomasJ.Schroeder,RogerG.Simone,AlbertJ.Slocum,JohnW.,Jr.Smunt,TimothySobol,MarionG.Sorensen,JamesE.Sprague,LindaG.*Steinberg,EarleSummers,GeorgeW.*Tang,Kwei

Taylor,BernardW.,IIITroutt,MarvinD.Uhl,KennethP.*Vakharia,AsooJ.Vazsonyi,Andrew*Vickery,ShawneeVoss,ChristopherA.Ward,PeterT.Wasserman,William*Wemmerlov,UrbanWheelwright,StevenC.Whitten,BettyJ.Whybark,D.ClayWicklund,GaryA.Winkler,RobertL.Woolsey,RobertE.D.Wortman,MaxS.,Jr.*Zmud,RobertW.

*Deceased

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DSI / DECISION LINE 38JANUARY 2019

MEMBERSHIP RATES

INSTITUTE CALENDARApril 4 – 6 MidwestDSIAnnualConference Indianapolis,INJune 2 – 5 EuropeanDSIAnnualConference Nottingham,UKJuly 15 – 18 Asia-PacificDSIAnnualConferenc Brisbane,AustraliaNovember 23 – 25 DSIAnnualConference INewOrleans,LA

Visit the DSI website fordetailsontheseupcomingevents.

2019 February 20 – 22 SoutheastDSIAnnualConference Savannah,GAMarch 5 – 10 WesternDSIAnnualConference LosAngeles,CAMarch 13 – 16 SouthwestDSIAnnualConference Houston,TXApril 4 – 6 NortheastDSIAnnualConference Philiadelphia,PA