Experience Stern | News & Events

Executives from the ASEAN region convened in New York for a weeklong program on globalization, innovation, entrepreneurship and leadership.

Excerpt from The New York Times -- "'The Wells activities are so egregious, they are unique,' said Lawrence J. White, a professor at New York University’s Stern School of Business. 'I don’t think this tells us one way or the other about the future direction of the C.F.P.B.'"

Excerpt from The New York Times -- "Until eurozone countries like France, Greece, Italy and Portugal 'have done enough fiscal austerity so that public debt is sustainable, and do enough reform so that their potential growth approaches that of Germany,' Berlin will hesitate, he added. At the same time, Mr. Roubini said, Mr. Macron has made some important fixes in France, increasing market flexibility, taxing some pensions and cutting the budget deficit."

Excerpt from Der Bund -- (Translated from German using Google Translate) "Investors seem to have forgotten the risks until recently... If there is a slowdown or even a growth stop, the powder keg will explode."
 

Excerpt from BusinessBecause -- "NYU Stern has a wide array of classes that prioritize sustainability, due in no small part to the school's Center for Sustainable Business, which further bolsters the school’s resources by helping to make sustainability a core part of the program’s mission. Furthermore, the Stern Campus Greening Initiative has helped to make the school’s buildings themselves environmentally friendly."

Excerpt from BusinessBecause -- "While students are demanding an ethical curriculum, business schools are demanding MBA candidates who will become ethical leaders. NYU’s Stern School of Business in New York last year changed its admissions process to find candidates with empathy so that they can contribute to peer-learning. 'We are hoping it also helps us in terms of making sure they fit into our culture,' says Isser Gallogly, associate dean of MBA admissions at NYU Stern."

Excerpt from WIRED -- "'I’m not sure that greyscale will make a big difference in the long run,' he warns. 'People adapt to changes like that one, and it doesn’t completely blunt the rewards or the mechanics that make different screen experiences so appealing. You’ll still see how many people like your posts, you’ll still get plenty of texts and emails, and so on.'"

Excerpt from Quartz -- "The paper’s authors, Deepak Hegde, an associate professor of management and organizations at New York University’s Leonard N. Stern School of Business, and Justin Tumlinson, a senior lecturer at Loughborough University London, found that when 'potential employers perceive [an employee’s] productive capacity as lower than he does' it gives the person a reason to start their own venture."

Excerpt from Bloomberg Businssweek -- "'Depending on how many subcontracting factories turn out to be in business, we estimate that it would cost $1.2 billion to remediate remaining dangerous conditions,' the report says. It says this sum should be the responsibility of 'an array of international actors,' along with Bangladeshi stakeholders."

Excerpt from Marketplace -- "'When you press that button on your Uber app, you might want the driver that you liked, but what you're really looking for is to get from point A to point B,' said Sundararajan. 'On the other hand, the consequences of not getting the right professional when you're requesting an accountant or lawyer are far greater.'"

Excerpt from The Daily Beast -- "'It’s very common in the Gulf region, for migrant workers, particularly low wage migrant workers to have their passports confiscated upon arrival,' said David Segall, a research scholar at New York University who has studied migrant labor abuse in the Gulf."

Excerpt from BusinessBecause -- "Leading such a revered institution requires constant innovation, as the world around us is challenged to adapt to the rapid way machine learning, big data, and the future of tech are changing the way we learn. The transformation of the NYU Stern MBA reflects this. For Rangarajan, his school, and business schools like it, have a responsibility to ensure the next generation of business leaders aren’t just part of the change, but lead it."

Excerpt from Adweek -- "'It’s less an issue of what the content is, and one can argue that it’s innocuous or not innocuous,' said Hardart. 'I think the real issue is using local anchors and personalities who have spent their careers building trust among their communities, and they’re reciting something that isn’t necessarily their views.'"

Excerpt from the Financial Times -- "Roy Lee, programme director, says that if the numbers were higher, the more 'techie' students would feel less able to share insights with their business-minded classmates, which is crucial for breaking down barriers. 'The idea is to get their two sides to share their different perspectives,' Mr Lee says. 'Students are learning from each other about where and how to apply their skills.'"

Excerpt from The Hustle -- "Arun Sundararajan, author of 'The Sharing Economy,' tells us these technologies have essentially 'expedited' the process of gaining trust. 'If you meet a stranger and know nothing about him or her, trust takes time to develop,' he says. 'But if you have a digital system that gives you a bunch of info about the authenticity of that stranger, trust can be gained instantly.'"

Excerpt from Bloomberg --  "Well I think there were certain weaknesses in the testimony of Carl Shapiro who was the key witness, key economist, for the government. I think AT&T was able to poke some holes in his testimony. At the same time, I do not believe that AT&T has managed to establish a theory that says consumers are going to be better off after the merger."

Excerpt from Luxury Daily -- "'The series primarily isolates specific areas in which Hermès has been groundbreaking to ultimately bring out the humanistic profile of the firm, a differentiation point that only very few luxury brands can claim to cultivate,' Ms. Serdari said. 'The type of information communicated through this series is not new to those who know the brand well, but it is told in a compelling and contemporary form of storytelling that keeps the viewer engaged.'"

Excerpt from Barron's -- "Vasant Dhar, a NYU Stern School of Business professor and data scientist, believes social-media platforms such as Twitter and Google’s YouTube are 'likely to be under fire,' though Apple and Google proper are 'in a better position to protect the data of their consumers.'"

Excerpt from the Financial Times -- "Given his majority voting control, 'this is an individual who can’t be removed from office,' says Scott Galloway, author of a book critical of big tech companies and an outspoken critic of Facebook. But even if shareholders could replace Mr Zuckerberg, it would be beside the point, he adds."

The 2018 Media and Entertainment Conference will take place on Friday, April 13th at NYU's Rosenthal Pavillion. 

Excerpt from Asahi Shimbun -- "I think that what this helps to do is raise awareness amongst people about what type of data is being collected about them and how it's being used. ... I think one lesson is that we need to get in a mindset where we're not going to have complete privacy as consumers."

Excerpt from The Washington Post -- "Part of the solution is to ditch references to 'fake news' and focus instead on politically motivated disinformation. The latter gives the appearance of being factual but actually promotes deliberate, manipulative falsehoods aimed at promoting a political agenda and undermining our democratic system."

Excerpt from The New York Times -- "More recently, I was really struck by Jonathan Haidt’s 'The Righteous Mind: Why Good People Are Divided by Politics and Religion.'"

Excerpt from the Financial Times -- "In the 1980s, Menachem Brenner and Dan Galai published a series of papers that created an actual index of stock-market volatility based on options, which they called 'Sigma'. They pitched the idea to various exchanges but at the time no one wanted to turn it into a live volatility benchmark."

Excerpt from Real Vision -- "Morgan had all these bright young partners and he sent them out to inspect the books of all the trust companies that were suffering from these runs and what he wanted to do was find out which of them were sound and which were not sound and then once he knew which ones were sound, he would organize the resources to relieve them and let the unsound ones fail and that would presumably bring an end to the crisis, so that was the first step..."