Richard Herko
Assistant Professor of Strategy at Graziadio School of Business and Management
Schools
- Graziadio School of Business and Management
Links
Biography
Graziadio School of Business and Management
Dr. Richard Herko teaches and conducts research in the field of strategy, specifically corporate governance, top management teams and competitive intelligence. He has earned several teaching awards while at the University of Pittsburgh including CBA Teacher of the Year in a Core Course. He has published several works, has presented at more than a half dozen conferences, and is a member of the Academy of Management. Prior to beginning his academic career, Dr. Herko served in a variety of management capacities in Fortune 500 corporations and in start-up companies. He also served with distinction for ten years in the United States Army Reserve as a logistics officer. In addition to his work, Dr. Herko has served as a School Director for Pine Richland School District, Gibsonia, PA, and as the president of the AW Beattie, a vocational-technical high school, Allison Park, PA. He is also a member of Mensa.
Education
University of Pittsburgh
PhD in Strategic Management
Katz Graduate School of Business, 2012
University of Pittsburgh
Master of Science Degree in Business Administration
Katz Graduate School of Business, 2003
Pennsylvania State University
Bachelor of Science Degree in Economics
Smeal College of Business, 1992
Curriculum Vitae
Education
University of Pittsburgh
PhD in Strategic Management
Katz Graduate School of Business, 2012
University of Pittsburgh
Master of Science Degree in Business Administration
Katz Graduate School of Business, 2003
Pennsylvania State University
Bachelor of Science Degree in Economics
Smeal College of Business, 1992
Dissertation
Greenwashing: Cognitively Diverse Boards of Directors and their Impact on Symbolic vs. Substantive Sustainability Initiatives
Decision making in the boardroom often results from a series of compromises amongst executives who have reached different conclusions about the critical nature of issues facing the firm born from their different values, different functional backgrounds and different work experience. These cognitively-dissimilar boards have difficulties finding common frameworks and mutual understanding. According to the Behavioral Theory of the Firm, these framing inconsistencies and contradictory biases can lead to what appears to some as sub-optimal decision outcomes. With regard to decisions in which financial outcomes are not clear and evidence is open to interpretation, such as those surrounding sustainability; directors may decide to engage in symbolic actions to maintain legitimacy due to disagreements over how to respond. These hypotheses are tested through an analysis of voluntary disclosures, in the form of press releases, for non-financial firms in the Fortune 500.
| Committee: | John E. Prescott (Chair), Susan Cohen, Kevin H. Kim, Frits Pil, Ravi Madhavan | | Status: | Dissertation Defense July 2012 |
Publications
Prescott, John and Herko, Richard, 2010. TOWS Analysis: The Role of Competitive Intelligence. In X. Xie (Ed.) Progress in Competitive Intelligence: 113-130. Science and Technology Literature Press, Beijing.
Prescott, J.E. and Herko, R. 2010. “TOWS Analysis: The Role of Competitive Intelligence”, Competitive Intelligence Magazine, 13 (3): 9-12.
Prescott, J.E. and Herko, R. 2009. “The CI Professionals’ Competency Framework”, Competitive Intelligence Magazine, 12 (1): 23-26.
Refereed Conference Presentations
Cognitive Board Diversity, Board Monitoring of Corporate Responsibility Rankings and Firm Performance, with John E. Prescott, presented at the Conference on Board Diversity and Economic Performance, Copenhagen Business School (2011)
Greenwashing: Cognitively Diverse Boards of Directors and their Impact on Symbolic vs. Substantive Sustainability Initiatives, presented at the Academy of Management BPS Doctoral Consortium, San Antonio, Texas (2011)
The Impact of Cognitive Board Diversity on Investments in Sustainability Initiatives, with John E. Prescott, presented at the Corporate Governance Conference on the Global Financial Crisis, University of Pennsylvania (2010)
Working Papers
Executive Succession and the Value of Stability, with Jeremy Suiter, targeted for Journal of Management Studies
Teaching
Primary Instructor
Strategic Management (Undergraduate)
Spring Semester 2012 – 4.88/5.00 {Received the Outstanding PhD Teachers Award}
Fall Semester 2011 – 4.68/5.00 {Received the Outstanding PhD Teachers Award}
Spring Semester 2011-two sections – 4.75/5.00 and 4.63/5.00 {Received the Outstanding PhD Teachers Award}
Spring Semester 2009-two sections – 4.64/5.00 and 4.54/5.00 {Received the CBA Best Teaching in Core Course 2009-2010} {1st Katz Doctoral Student to win this University Award}
Teaching Assistant Negotiations (Graduate)
Spring Semester 2012-three sections
Fall Semester 2011-one section
Spring Semester 2011-one section
Spring Semester 2010-three sections
Fall Semester 2009-one section
Service
Course Designer
Strategic Management SPP1080 (course and syllabus redesign)
Reviewer
McGraw-Hill, The Changing Face of Strategic Management Symposium in support of textbook review for Strategic Management text, 2012
Academy of Management, 2010, 2011 and 2012
International Journal of Business Environment, 2009 and 2010
Dissertations and paper submissions for ESL doctoral students, 2006-2011
Assistant Facilitator
University of Pittsburgh New Doctoral Student Orientation, 2007 and 2008
Substitute Instructor
Conducted lesson plans for absent professors:
Strategic Management (Undergraduate) Spring Semester 2012
Strategic Management (Undergraduate) Fall Semester 2011
Strategic Management (Graduate) Fall Semester 2010
Strategic Management (Undergraduate) Spring Semester 2010
Strategic Management (Undergraduate) Fall Semester 2010
Exam Proctor
Katz Graduate School of Business & College of Business Administration
Academic Awards and Honors
2011 AOM BPS Doctoral Consortium
McGann Graduate Fellowship
Beta Gamma Sigma – 2003 to present
University of Pittsburgh Dean’s List
Pennsylvania State University Dean’s List
Penn State – Ogontz Campus (now Abington) Outstanding Sophomore Student Member, MENSA
Work Experience
Entrepreneurial
Five years as principal or senior manager in a series of start-ups with varying levels of financial success. I was involved in all aspects of fund raising, venture capital and client management activities, highlighted by leveraged acquisition of rival ($15M) and development of 13 clients in Florida, Nevada, Ohio, Pennsylvania and Canada.
Fortune 500
Eight years of managerial experience with two firms. I received national and district recognition for sales management activities at Sears before moving to PNC Bank. I reorganized the secondary mortgage portfolio securitization process to save $1.2M per year with no staffing cuts. I then moved onto implementing a bank-wide paperless report distribution system; a new process for the $300M Treasury Management budget and an activity-based costing initiative for the Commercial Loan Center.
Military Service
Ten years of mostly reserve service as a logistics officer at the company level with special assignments in National Guard units and deployments to training bases across the United States. I was singled out for decoration while deployed in Germany to support United Nations operations in Bosnia.
Community Service
School Director – Pine-Richland School District (2006-2012)
Focusing attention on rigor, efficiency and staffing, I helped guide the school to national rankings by the major reporting agencies, most recently the Washington Post (6th out of 501 Districts). I have had the opportunity to represent Pine- Richland at several conferences making refereed presentations: “Using PVAAS” (2010); “Paperless Budgeting” (2008); “Transformational Blueprint” (2008) and “Using DIBELS” (2005). In addition, I supported the Pennsylvania Department of Education by appearing in a documentary about school performance and represented the district’s interests with the North Pittsburgh Commercial Development Corp.
Board Member – AW Beattie Joint Operating Committee (2007-2012)
Five years of service including the past four years as the President of the Board. I created a Chinese-language program with Wuhan University, the University of Pittsburgh and the Confucius Institute and guided Beattie through a $22 Million LEED-certified renovation. The reconstruction has resulted in Beattie being named one of 78 National Green Ribbon schools. In the course of my duties, I have spoken at local and regional events on workforce development.
Videos
Pepperdine Graziadio Veteran: Mission & Values First
Read about executive education
Other experts
Gérard Boileau
Biography Gérard Boileau is an Affiliate Professor at HEC Paris. Since 2000, Gérard Boileau has taught Corporate Finance in various Executive Education programs. In particular, he is actively involved is designing and coordinating Finance courses in HEC Executive MBA. A certified public account...
John Paul MacDuffie
Prof. MacDuffie’s research examines vehicle and mobility innovations; the diffusion of lean or flexible production as an alternative to mass production; the impact of human resource systems and work organization on economic performance; collaborative problem-solving within and across firms; the i...
Jean-Claude Noel
French born and a United States citizen living in New York since 1991, Jean Claude has lived on three continents and has conducted business in different industries and in every part of the world. In addition to his deep understanding of cross-cultural environments, he brings to Executive Consulti...
Looking for an expert?
Contact us and we'll find the best option for you.