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Richard DeFrank on Bauer Business Focus, June 1, 2012

Posted May 30th, 2012 - No Comments

"If people are not taking that vacation time to get away from the pressure in the work environment, it may lead to an exacerbation of both physical and psychological problems,” said Richard DeFrank, associate professor of Management at the C. T. Bauer College of Business.

On Bauer Business Focus — A conversation on the importance of taking time off with Andrew Schneider, business reporter for KUHF 88.7 FM.

The recent Memorial Day holiday marked the unofficial start of the summer. While some travel and enjoy time off, many employees are not using the vacation days they receive from their employers.

Richard DeFrank, associate professor of management at the University of Houston C. T. Bauer College of Business, stopped by Bauer Business Focus recently to discuss how not taking a break from work can be harmful to your health and productivity.

“In the U.S., we get less vacation time than in any other industrialized nation, but with what time we receive, many employees don’t take what is due to them,” DeFrank said. “The problem is if people are not taking that vacation time to get away from the pressure in the work environment, it may lead to an exacerbation of both physical and psychological problems with the ongoing stress of the job.”

As ongoing stress at work wears on an employee, other factors play a role in the decision to not take a vacation from the pressure.

“I think there’s a lot of concern that if you take time off it may put you at a disadvantage, especially when times are tough and there are others looking for positions,” DeFrank added. “I think another deterrent from people taking vacation is a cost issue because many people see their vacation as time for the big trip, and it’s a major cost to people so they don’t take the time that is due to them.”

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Costa Bajjali on Bauer Business Focus, May 25, 2012

Posted May 24th, 2012 - No Comments

Costa Bajjali (left), president and co-founder of Wallace Bajjali Development Partners L.P., stopped by Bauer Business Focus recently to discuss what his development firm is doing to help the city of Joplin, Mo., rebuild.

On Bauer Business Focus — A conversation on how the Houston community is helping to rebuild Joplin with Andrew Schneider, business reporter for KUHF 88.7 FM.

On May 22, 2011, a catastrophic EF5 tornado hit Joplin, Mo., taking more than 150 lives, injuring hundreds and destroying thousands of homes and buildings. It also fractured the landscape of the city and opened the door to a massive rebuilding and recovery operation.

Costa Bajjali, president and co-founder of  Wallace Bajjali Development Partners L.P., stopped by Bauer Business Focus recently to discuss what his Sugar Land-based development firm is doing to help the city rebuild.

“There’s not a guidebook on how to rebuild a city, so we worked with several of our partners on what we envisioned the redeveloped area would look like,” Bajjali said. “The citizens would like to not only rebuild the city, but build it better than what it was before.”

As Bajjali and his team move forward with the reconstruction of residential and commercial properties, they hope to rebuild more than structures.

“We are trying to rebuild the 7,000 residential units that were lost, as well as building a park on the path of the tornado so the citizens have a place for a memorial for those who lost their lives and at the same time an amenity that everyone can use.”

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Wynne Chin on Bauer Business Focus, May 18, 2012

Posted May 16th, 2012 - No Comments

"There are a lot of areas that Partial Squares analysis can be used in, and that is why this conference is so important," said Wynne Chin, a professor in the Department of Decision & Information Sciences at the C. T. Bauer College of Business.

On Bauer Business Focus — A conversation on the International Conference on Partial Least Squares and Related Methods with Andrew Schneider, business reporter for KUHF 88.7 FM.

This week, for the first time, a global academic research conference will be held in North America. The destination? Houston, thanks to conference co-chairs representing the University of Houston.

Wynne Chin is a professor in the Department of Decision & Information Sciences at the Bauer College of Business at UH and one of the co-chairs of the 7th International Conference on Partial Least Squares and Related Methods. The conference will be held on May 19-22, bringing together experts and practitioners in the area from all across the globe to meet and collaborate.

Chin visited Bauer Business Focus recently to discuss the upcoming conference and the diversity this broad topic brings.

“This conference is really quite unique,” he said. “It incorporates people from every discipline because it looks at heavy duty statistical analysis and it looks at big complex sets of data and how to apply them for whatever problem you have.”

The statistical tool has big business impact, Chin added.

“By using Partial Squares analysis, we can take any type of data and reduce to indexes to rate what you need. It can be used to determine education systems, graduation rates compared with job success and it is even being used now to look into the consumer confidence in the U.S. so there are a lot of areas that this research can be used and why this conference is so important.”

Click here to hear the full interview.

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