Experience Stern | News & Events

Excerpt from Recode -- "'The owner of the platform manipulates who succeeds or who fails,' one of the report’s authors, NYU Stern Professor Melissa Schilling, told Recode."

Excerpt from The New York Times -- "'Peloton is talking about delivering happiness and connecting people,' Mr. Galloway said. 'No: You sell exercise equipment.'"

New study from faculty at UCL School of Management, NYU Stern School of Business and the University of Auckland Business School shows that sophisticated platform owners manipulate which products rise to the top of featured listings.

NYU Stern's Fubon Center for Technology, Business, and Innovation will host Stern’s first Digital Innovation Conference on September 27, 2019. The focus of this year's conference will be Platform Strategy.

Excerpt from Fortune -- "'It is not about just spitting out a probabilistic outcome,' Seamans says. 'You will need everyone on board with the course of action, and if you can’t explain the rationale, you won’t be able to do that.'"

Excerpt from Bloomberg -- (15:35) "This is really a product that is category-defining. It has defined the first realistic middle ground between boring home exercise equipment and going to a studio, going to a fitness class, so I'm bullish about the company, but I think that they have to make a few smart strategic moves in order to justify and grow their valuations."

Excerpt from nScreenMedia "At the Future of Television show in New York this week, Al Lieberman, Executive Director Entertainment, Media, and Technology Program at NYU Stern, opened the event with a short speech. He left the audience with a brief prescient thought: 'Change and risk define where we are in the industry.'"

Excerpt from MIT Sloan Management Review -- "The section on 'investing in our employee' sounds like Henry Ford introducing the $5/day wage plus other services for employees in 1914. But Ford was trying to retain low-skilled workers engaged in repetitive tasks, whereas today's companies are competing for high-skilled people. Overall, the statement reads like an acknowledgment of larger societal shifts and less [as a] changing force itself."

Excerpt from Knowledge@Wharton -- "They have to survive a recession and prove [that this] business model can survive, and then they should go public. If they rush it, I think it's going to be a misfire."

Timed to the opening of the General Assembly of the United Nations this fall, NYU Stern's Business & Society Program and the UN Capital Development Fund (UNCDF) hosted "Digital Finance for the Sustainable Development Goals," co-sponsored by Stern clubs Net Impact and Economic Development Group.

Excerpt from Quartz -- "'Deep discounts can have detrimental erosion effect on the value of products and services in the mind of the consumer, especially if it is done frequently and for an extended duration,' Anindya Ghose, the Heinz Riehl professor of business at New York University’s Stern School, told Quartz."

Excerpt from CNBC -- "One simple way to look at it is, I came to the US 20 years ago and 20 years ago, internet service, cell phone plans, airline tickets -- all of that was much cheaper here than in France. And today, when you fly around the world, you realize it's the opposite."

Excerpt from Insider -- "Adams then made her way back to the business school building to complete her second lab session. Not far away, in the same building, Adams had her first class of the day called "Patterns of Entrepreneurship" where she pitched a new business opportunity in front of her class. Stern is consistently ranked among the nation's best."

Excerpt from Business Insider -- "'He's not going to accept change easily,' Adamson adds. 'Once your head gets that big, you're not going to take directions from an operations, management bean counter type. But that's what's required to get this back on track. It's going to be painful. Lots of people are going to lose money.'"
 

Excerpt from Philanthropy News Digest -- "The largest gift from a woman entrepreneur in the school's history will support, over ten years, Elizabeth Elting Women's Leadership Fellowships for a total of forty female MBA students who demonstrate academic merit and, in association with the school's Endless Frontier Labs program, provide seed capital to twenty women-led businesses through the Elizabeth Elting Venture Fund."

Excerpt from The Chronicle of Philanthropy -- "Elizabeth Elting donated $5 million through her eponymous foundation to establish the Elizabeth Elting Women’s Leadership Fellowship, which will support 40 female MBA students; and to back an additional 20 women-led businesses through the Elizabeth Elting Venture Fund."

New study from faculty at NYU Stern, University of Bolzano and Bocconi University shows that earnings reports are more reliable from private vs. public consolidated firms in Europe 

This program equips executives with a general understanding of accounting and financial principles as they relate to organizations' operations and decision-making processes. It also prepares financial analysts and investors with a general understanding of the valuation content and limitations of financial statement information.

Excerpt from Poets & Quants -- "It is one of a few cases across the country where B-schools are tackling what many in business and graduate management education consider the most important issue of our time; NYU Stern‘s Climate Science: Realities & Risks of a Changing Climate, taught by Steve Koonin, is another."

Excerpt from Elle -- (Translated from Italian using Google Translate) "The GCFA North Star Award: NYU Stern Center for Business and Human Rights and the Union of Concerned Researchers in Fashion, two organizations that have combined global research with sustainability issues."

Excerpt from The New York Times -- "Decrying 'safetyism' at elite colleges, the authors link rampant anxiety to overparented students with impossible expectations of protection. Our reviewer, Thomas Chatterton Williams, praised the 'disturbing and comprehensive analysis of recent campus trends.'"

Excerpt from Bloomberg -- "If you look back over history, we get occasional dislocations, which are basically liquidity crunches in the financial system, and the Fed has demonstrated, yesterday and on other occasions, a capacity to deal with it..."

Excerpt from The Wall Street Journal -- "There are 'risks of tailwinds and costs to monetary policy being too accommodative,' Mr. Rosengren said in the text of a speech to be delivered Friday at an event at New York University. 'Additional accommodation is not needed for an economy where labor markets are already tight—and risks further inflating the prices of riskier assets, and encouraging households and firms to take on what may be too much leverage.'"
 

Excerpt from Business Insider -- "'Cute doesn't cut it,' Allen Adamson, adjunct professor of marketing at NYU Stern and cofounder of marketing company Metaforce, told Business Insider. 'The challenge is when you create an icon that you burn into someone's head, whether it's the Laughing Cow or the Trix Rabbit, then the trick is, how do you have it do more?'"

Excerpt from Bloomberg -- "'The market is getting more aggressive as it often does towards the top of the cycle,' said Gustavo Schwed, a former partner at private equity firm Providence Equity Partners who is now a professor at New York University Stern School of Business. 'That’s when people get creative.'"