Michael F. Gorman
Michael F. Gorman
President of MFG Consulting, Inc. and Professor at the University of Dayton
Michael F. Gorman, PH.D. is the president of MFG Consulting, Inc., and a full Professor at the University of Dayton. Throughout his 25 years of corporate and consulting experience, he has focused on delivering value to the organizations for which he works. He specializes in advanced analytical methods such as optimization, simulation, and statistical analysis and forecasting. He has worked with dozens of clients on tough analytical problems that have netted them millions of dollars in savings with huge financial returns on his projects. His analytical work has been lauded as a finalist in three times in international competitions of INFORMS (the Institute for Management Science and Operations Research). He has over 70 publications and over 70 presentations on his research. He is on the editorial boards at 4 major journals, and is the Editor in Chief of Interfaces. Dr. Gorman graduated from Indiana University with a Ph.D. in Business and Economics in 1994. He has a Masters in Economics from Indiana, and a Bachelors Degree in Computer Science and Economics from Xavier University in Cincinnati.
Track: Analytics Process
Tuesday, April 16, 4:40–5:30pm
Analytics in Research and Practice: Finding Common Ground
It has often been said that academia in general, and research in the fields of analytics in particular, has become too remote and inaccessible to practitioners. On the other hand, practitioners often don’t know how to develop productive relationships with academics. In this talk, I describe fundamental differences between academic and practitioner approaches to problem solving, with examples to my consulting and experience in applied research. I describe ways that researchers can better and more frequently bridge this gap and overcome hurdles in such projects. Opportunities for and advantages of “practice based research” are discussed. Practical suggestions for successful collaboration are made, with aim towards fostering greater academic-practice collaboration. I demonstrate how both academics and practitioners can benefit from such collaboration.