Clinical Assistant Professor
Associate Department Chair
Ph.D., Michigan State University, 2008; MBA, Fordham University, 1995; B.A., Murray State University, 1991
My research focuses on behavioral, cultural, environmental, and learning related aspects of strategic decision making, including how these factors influence firm performance. As such, I examine issues related to executive compensation, CEO hubris, the capital allocation process, supply chain performance as well as issues related to managerial risk taking in organizations.
Arizona State University: 2008-present. Previous Appointments: Michigan State University, San Francisco State University
Corporate and Public Sector Leadership
Skandinaviska Enskilda Banken (New York, NY)
Head of Interest Rate Trading and Deputy Chief Foreign Exchange Trading (1996-1999)
Vice President and Chief Dealer, Interest Rate Trading (1994-1996)
Foreign Exchange/Interest Rate Dealer (1991-1994)
Wowak, A.J., Mannor, M.J., Arrfelt, M. & McNamara, G. Forthcoming. Earthquake or Glacier? How CEO Charisma Manifests in Firm Strategy over Time. Strategic Management Journal.
Arrfelt, M., Wiseman, R.M., McNamara, G., & Hult, G.T.M. 2015. Examining a Key Corporate Role: The Influence of Capital Allocation Competency on Firm Performance. Strategic Management Journal, 36:1017-1034.
Arrfelt, M., Wiseman, R.M, & Hult, G.T.M. 2013. Looking Backward Instead of Forward: Aspiration-driven Influences on the Efficiency of the Capital Allocation Process. Academy of Management Journal, 56: 1081-1103.
Devers, C.E., McNamara, G., Wiseman, R.M. & Arrfelt, M. 2008. Moving Closer to the Action: Examining Compensation Design Effects on Firm Risk. Organization Science, 19: 548-566.
Hult, G.T.M., Ketchen, D.J., & Arrfelt, M. 2007. Strategic Supply Chain Management: Improving Performance through a Culture of Competitiveness and Knowledge. Strategic Management Journal, 28: 1035-1052.
ASU is a tier 1 research university and W. P. Carey is proud of its strong tradition of teaching and classroom excellence. Our students directly benefit from the research and theories our faculty brings into the classroom. Below is a list of courses being taught during the current semester by this faculty member. Click a course to view it in the ASU course catalog.
MGT 303 - Honors Org Strategies/Leadersh
Overview of business strategy principles, management processes, motivation, and leadership.
WPC 480 - Capstone Course
Develops a general manager's or business owner's perspective on how organizations can create value. Creating long-run value by repeatedly producing goods and services that customers will buy at prices that cover the costs of producing them is the key to success for business organizations. Analyzing current and future environments to understand threats and opportunities in various institutional settings around the world is the starting point for thinking about how an organization might create value and gain sustainable competitive advantage. Evaluates the impact of institutional settings in different countries and ethical values on decision making. Students learn how to successfully manage relations with key stakeholders including customers, employees, suppliers of capital as well as other component goods and services, and stakeholders from various levels of government in different countries.