Prastacos Gregory

Department of Management Science and Technology

Gregory P. Prastacos, Rector of the Athens University of Economics and Business (2007-2011), is Professor of Management Science at the Department of Management Science and Technology, and the Director of the MBA International Program. He has been educated at Columbia University (USA), where he received a B.Sc. in Computer Science, an M.Sc. in Computer Science, and a Ph.D. in Operations Research. He has previously taught at the Wharton School of the University of Pennsylvania, and the Graduate School of Business of Columbia University, and has held visiting appointments at the University of Bern in Switzerland, the University of Paris-Dauphine in France, the International Institute of Applied Systems Analysis (IIASA) in Austria, the National Center for Scientific Research (CNRS) in France, as well as other Universities internationally.

Professor Prastacos' research, professional and teaching interests are in the areas of Management Science, Information Technology, and their use for Business Transformation in the Information Society. He has published 8 books (some of them in their

4th edition), and more than 80 papers in academic journals and edited volumes. His last book on "Managerial Decision Making" has been published by Tsinghua University Press and is being translated in Chinese. His papers have appeared in journals such as

Management Science, Operations Research, Omega, J. Operational Research Society, European Management Journal, Long Range Planning, Information & Management, Interfaces, Computers & Operations Research, Annals of Operations Research,

RAIRO, International J. of Production Economics, J. of Knowledge Management, Applied Economics, and others. For his work on the logistics of perishable inventory management he has been awarded the Edelman Award by the Institute of Management

Sciences (TIMS, currently INFORMS). For his work on financial management modelling, he has been awarded the 1st prize of the Hellenic OR Society. His work on competency modelling has been used worldwide as a basis for successful HR practice. His

work on absorptive capacity has also been selected among the best papers of the Academy of Management. At AUEB he has received several teaching excellence and exceptional contribution awards.

Professor Prastacos is also the Founding Director of the Management Sciences Laboratory (MSL, of the University, a leading ISO-certified research centre in Europe, conducting

research and advisory work in the areas of operations management, innovation and knowledge management, business transformation and strategy, entrepreneurship, and human resources management. Some of the recent projects undertaken by MSL

include the analysis and estimation of the economic impacts of the Athens International Airport's operation (2008-09), the design and implementation of Balanced Scorecard strategy in an international University (2007-08), the development of Balanced

Scorecard strategy for a commercial Bank (2004-06), the evaluation of innovation as a strategic factor in the technological development of Greece for the General Secretariat of Research (2002-2004), the development of a competencies framework for a

major bank (2003-2005), the design of efficient supply chains for reverse logistics for the biggest lubricant manufacturer of Greece (2003-2005), the development of knowledge management platforms between Mediterranean European Institutions

(2001-2004), the development of risk management tools and methodologies for the Bank of Greece (2001-2003), etc.

Professor Prastacos is on the review or editorial board of several academic journals, and serves on a number of national and international committees. He has previously served on the BoD of the Hellenic Management Association (EEDE), on the BoD of the

Hellenic OR Society (HELORS), on the Scientific Council of the Greek National Economic Research Institute, as well as on the BoD of a number of companies. He is an elected Fellow of the Washington Academy of Sciences, a member of the Academic Council

of Athens College, a member of Syndicate Academia of NMIMS University in India, and has been an evaluator and auditor to the European Commission (DG V, XII, XIII). He is a frequent speaker to conferences, and an advisor to government organizations

and private industry.

Last updated: 27 September 2019

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