18 May 2017
SBE research wins the University's Impact to Research award
Research by two academics here at the School of Business and Economics were awarded the Impact to Research accolade at the 2017 Loughborough University Enterprise Awards.
Professor Alberto Franco and Professor Gilberto Montibeller have developed a risk management framework that facilitates timely decision-making for managing complex bio-security threats. The framework has recently been employed by DEFRA and the Pan-American Health Organisation to address and manage a range of similar challenges related to animal health threats.
Professor Jim Saker, SBE's Associate Dean (Enterprise), said of the achievement:
"This is a richly deserved award, their work has already been recognised within the academic world, this new success is based on a public vote which shows the type of impact Alberto and Gilberto's is making in the wider world. Congratulations!"
Professor Franco said after wining the award:
“We are very grateful to all the people who voted for us. The other finalists had excellent projects and so we are chuffed to bits with the outcome. This award is a great achievement not only for us but also for SBE. The school has a long tradition of producing research that has a positive and transformative impact on practice, and so this award demonstrates to the university what we can do and deliver.”
Professor Montibeller added:
"As decisions scientists, we are concerned with improving how people, teams and organisations make decisions, particularly in situations where information is incomplete, resources are limited, and consequences are multiple and capable to expand rapidly. The prioritisation of biosecurity threats in Defra exhibited all these characteristics, and so it provided us with an excellent opportunity to develop a decision framework and support system that has made a real difference to how Defra mitigates risks in this context.”
Watch the video on their research here.