Experience Stern | News & Events

Excerpt from the Glamour-- "'Trust and authenticity are keys to buyers today, particularly millennials,' says Russell Winer, Ph.D., a professor and the deputy chair of the marketing department at NYU Stern School of Business. 'If that is destroyed, a company can be seriously hurt.'"

Excerpt from TopMBA -- "J.P. Eggers, Vice Dean of MBA Programs at Stern, suggested the school is both fully aware of the opportunity the move will provide and ready to play a big part in its success: 'We are thrilled that soon, Amazon will be in our backyard, providing an opportunity to leverage our unique locational endowment, as we do with many companies, to further the already strong connections between us.'"

Excerpt from the The New York Times -- "'The economic savings, feeling good about yourself having found a good deal, being a shrewd consumer,' she said, all add up to one key factor. Plus, because so many stores offer Black Friday sales, it’s easier to find discounts without having to search as hard as you might during the rest of the year. But, Dr. Erdem said, another reason Black Friday remains so popular is tradition."

Excerpt from Find MBA -- "Steisel Goldfarb says the courses 'are often developed based on anticipated skills needed in the business world and student interest.' For instance, Stern recently housed the Creative Destruction Lab, which supports the monetization of science and tech startups. An affiliated MBA course was introduced as a result, to provide students with direct access to the venture development process."

Excerpt from MIT Sloan Management Review -- “Even after Amazon fills all their jobs, they’ll be workers left who would work for less than $15. So unless Amazon competes in a very tight local market, other firms won’t be forced to follow.”

Excerpt from Voice of America -- "Visualization of data is not only a skill for your IT folks. It's a competence that's needed throughout every organization... Today, when I train managers and executives in the visualization of data, first we focus on the impact and the business case. Then, we work through the technical details."

Excerpt from The Washington Post-- "'You buy one cheap item, and then you buy five items you don’t need at full price,' says Allen Adamson of New York University’s Stern School of Business. Adamson adds that shoppers often wrongly assume that everything is on sale."

Excerpt from Eco18 -- "Eckerle discussed 'Why Sustainability Makes Dollars and Sense,' highlighting that when a company includes sustainability in their strategy and practice, it helps improve their efficiency, brand reputation, employee engagement, profitability and stock price performance. This raised important insight into the side of sustainability people don’t think of right away – analyzing how taking sustainable action not only protects our environment, but can also bolster profitability and higher levels of consumer engagement – providing greater incentives for companies to take higher sustainable action."

Excerpt from The New York Times -- "Paul Barrett, deputy director for the Center for Business and Human Rights at the NYU Stern School of Business, said threats by retailers to move elsewhere might not be credible. 'I don’t think the big Western brands want to leave. They’ve committed themselves to improving safety,' he said. 'Various brands are exploring Ethiopia but there isn’t the capacity to rival what goes on in Bangladesh.'"

Excerpt from WIRED-- "Even little efforts could effectively spook incumbents into reform. The academic Rob Seamans has found that 'the threat of entry is enough.' When a farmers’ co-op plans to roll out broadband, the big companies suddenly decide it’s time to upgrade."

Excerpt from Seeking Alpha -- (3:38) "The nature of valuation is not that you are trying to find every winner but that you are trying to find the next one. That said, Amazon has been a surprise in the making."

Excerpt from MetroMBA -- "Beyond work experience and goals, a common thread among our students is their high emotional intelligence or EQ, and engagement in our collaborative community. We also pride ourselves on being a school where everyone can be themselves. Our students’ interests outside of the classroom are also vast, as evidenced by our 30+ student clubs serving professional, affinity, sports, and special interest areas."

Excerpt from MIT Sloan Management Review -- “Carbon dioxide emissions create monumental social costs, which are not covered by industries that burn fossil fuels. Firms have no incentive to volunteer paying for these costs. In fact, that would be a really dumb business decision. This is a place where ‘self-regulation’ fails, and we need evidence-based government policies.”

Excerpt from Yicai Global -- "Debt management will be more difficult once confidence within the financial system disappears, Robert Engle, a Nobel Laureate in economics, told Yicai Global, adding that slowly reducing the debt ratio of state-owned enterprises and local governments, as well as safeguarding foreign investment can help to solve this challenge. An end to the China-US trade spat will also benefit both sides, he added."
 

Excerpt from the The New York Times -- "Expanding on their influential Atlantic article, the authors trace the culture of 'safetyism' on campus to a generation convinced of its own fragility, warning of potentially dire consequences for democracy."

Excerpt from Barron's-- "'It’s easy for a board to be alert when times are tough, but it’s very important for a board to maintain their vigilance when times are good,' she continues, adding that 'sometimes boards can be deferential to an iconic CEO' such as Ghosn. (Ghosn stepped down as CEO of Nissan last year while remaining chairman.)"

Excerpt from Forbes-- "Business professionals can learn a valuable lesson about the path to economic growth and innovation from Paul Romer, this year’s Nobel Prize winner in Economic Sciences (shared with William Nordhaus). Romer views the economy as a 'huge innovation discovery machine' that, in conjunction with government policy, can and should promote and provide technological innovation for everyone."

Excerpt from CNBC -- "Right now, rather than thinking about managing investor expectations, what Facebook really has to focus on is making sure that they don't lose the public trust."

Excerpt from Poets & Quants -- "'There’s an enormous opportunity to continue the growth of the technology sector in New York City that has been booming so much the last five years,' Eggers tells P&Q, 'to the extent that New York is seen as the only real competitor to Silicon Valley in the U.S. at this point in time in terms of scale, size, and growth rate.' ... 'Obviously we are excited about this opportunity and the fact that the door to more opportunities at Amazon — especially opportunities that would be local here in New York — is a real potential option for our MBA students,' he says."

Excerpt from the Observer Research Foundation -- "At New York University’s Stern Urbanisation Project, rapid urbanisation is looked at from two perspectives – expansion of existing cities, and emergence of newer cities. MBA students at Stern work on applied research projects with municipal officials each semester on topics such as city planning in Ethiopia and Columbia, SEZ’s in Liberia, challenges faced by New York Police Department, among others. The aim is to make realistic long-term preparations for urban expansion across cities in the world, and fast track reform and mitigate global migration through start-up cities."

Excerpt from The Times of India -- "SRK recently visit NYU Stern School in New York where he met and interacted with students. The actor posed with the Dean of the college."

Excerpt from Machine Design-- "Quirky illustrates a common thread among these geniuses and asks whether it’s possible to teach someone how to become one of the greats. In short, no—it isn’t. However, there are things that could aid or create an environment to yield people who are more aware of (and capable of) innovation on a grand scale."

Excerpt from Forbes-- "In his book Irresistible, NYU Stern School of Business professor Adam Alter summarizes the research about the irresistible urge to use technology, and the businesses that spend millions of dollars to keep you hooked. Guidelines suggest that you should spend less than an hour a day on our phones, yet research shows that only 12% of phone users meet that criteria – that means 88% of people overuse, with the overall average being three hours. Alter goes on to detail a survey of young adults that revealed that 46% of them said they would rather break a bone than break their phone – and many of the 54% who said they’d rather have a broken phone agonized about that decision."

Excerpt from Forbes-- "'Of course young companies outnumber the old,' says Sylla. 'Many of the largest companies started between 1880 and 1920, but many more have grown large after 1950 so they wouldn't quite be centenarians. Yet.'"

Excerpt from Heleo-- "I am trained as a social psychologist and we tend to think of the world through the lens of individual people and small groups, not large systems and structures. But, through the interviews I did for the book, it became clear I was really missing something by not exploring the systemic perspective and its relationship to our unconscious biases. I turned to the work of sociologists, economists, political scientists, historians, and others to broaden my understanding."