Experience Stern | News & Events

Excerpt from Deutsche Welle -- "'Everyone wants the benefits of good infrastructure and nobody wants to pay, so things are allowed to deteriorate,' says Ingo Walter, Professor Emeritus of Finance at New York University, 'Transportation is the lynchpin. Fixing our roads, bridges, tunnels and transportation hubs are a must and will have the biggest impact.'"
 

Excerpt from Business Insider -- "'One of the most important qualities that we look for at Stern is what we call IQ plus EQ,' Gallogly said. Gallogly, who over the course of 15 years has reviewed more than 50,000 applications, said that the best candidates demonstrate both strong intellectual capability and emotional intelligence. 'I think that's one of the things that really differentiates our student body as well as our school — that we look for not only bright intelligent leaders, but those who actually are capable of leading teams, communicating complicated ideas, and bringing things forward,' he said."

Excerpt from OZY -- "So what do family offices do with their secretive trillions? They tend to favor long-term investing in order to preserve wealth over multiple generations, says Richardson. And since they tend to be overexposed in certain industries — the megawealthy have been known to hold on to a disproportionate chunk of the company that made them rich — ‘Wall Street has to be creative in helping them manage those risks,’ he explains."

Excerpt from OZY -- "'A fundamental shift' is afoot, akin to 'an industrial revolution in finance,' says financial technology industry veteran Kathleen DeRose, founding investor and board member at Zurich-based Evolute, a technological wealth management firm, and fintech executive-in-residence at New York University’s Stern School of Business. 'Wall Street firms will separate into technology haves and have-nots.'"

Excerpt from Cosmpolitan -- "Companies that provide a set paid service, like Uber, Lyft, and Handy, do typically run background checks. 'And many platforms have done a lot to improve the number of clues you have about the person on the other end of the transaction,' says Arun Sundararajan, PhD, professor of information, operations, and management sciences at NYU’s Stern School of Business and author of The Sharing Economy. 'But this is still not a hotel where, say, Hilton is responsible for your experience from beginning to end. The reality is, there is more burden on you to find a safe provider.'"

Excerpt from MetroMBA -- "Barasch explains how her group’s research could impact business, consumers and educators down the road. 'If you want to retain more information from a guided tour, for example, you may be better served to put the camera away. Similarly, teachers may ask students to take photos on a non-narrated museum visit to aid their visual memories.'"
 

Excerpt from MEL -- "Michael North, professor of management at New York University’s Stern School of Business, says this attitude is common—in both love and business. As ghosting requires zero effort, it’s an easy way out of an inherently awkward interaction. But this cowardice always reflects poorly on a company’s reputation, not just an individual’s. 'As we teach in business and in psychology, avoidance is rarely an effective long-term strategy for any kind of conflict or awkward situation,' he says. 'In fact, it almost always backfires in the long run.'"

Excerpt from the Washington Post -- "Sundararajan added it's also possible that Uber's long-term plan was never to unseat the major firm in Russia but to eventually squeeze itself into a partnership. 'In retrospect it may be that this was the strategy all along,' he said. That kind of deal making could allow the company to direct its resources toward costly and ambitious goals, such as building an autonomous fleet of on demand cars, rather than subsidizing price cuts against a stronger competitor, he said."

This two-day program covers: the true meaning and sources of power; the skills needed for effective political management of organizational problems; an understanding of your own political mindscape; and a personal plan for successful political management of conflict.

Excerpt from Fashionista -- "I think there has now come a time where consumers are looking to move into the opposite direction; in other words, they're not happy any longer with a global identity, and they’re looking for more interesting, nuanced types of stories that can be appealing. I think from a macro perspective, we see the entire market shifting from globalization to a more intense localization."

Excerpt from Forbes -- "Many aspects of the building are great for motivating teams to want to do their best work. Employees say they feel privileged to work there. I would too! Desigual means 'unequal' in Spanish: a good descriptor for the asymmetric design that’s the brand’s hallmark. The brand, through its design sensibility, makes customers feel unique and a little quirky in a good, colorful way that enables them/us (I’m one) to express our own identities."

Excerpt from the Financial Times -- "Scott Galloway, professor of marketing at the NYU Stern School of Business, said Snap is the 'most overvalued company'. 'It is being crushed by a competitor with more engineers, more capital and more management,' he said. 'People were hoping that Snap would be the Facebook of video, but the Facebook of video is Facebook, specifically Instagram Stories.'"

Excerpt from the Washington Post -- “'The U.S. Environmental Protection Agency is in the early stages of launching a debate about climate change that could air on television — challenging scientists to prove the widespread view that global warming is a serious threat,' Reuters’ Valerie Volcovici reports. '[EPA Administrator Scott] Pruitt said his desire for the agency to host an ongoing climate change debate was inspired by two articles published in April — one in the Wall Street Journal by theoretical physicist Steve Koonin, who served as undersecretary of energy under Obama – and one by conservative columnist Brett Stephens in the New York Times. Koonin’s article made the case that climate science should use the ‘red team-blue team’ methodology used by the national security community to test assumptions.'"

Excerpt from the Washington Post -- "Though solitude brings many benefits with it, it’s quickly being crowded out of our lives. Our minds are constantly assaulted by a sea of inputs—texts, emails, ads, and notifications. According to psychologist Adam Alter, author of the book Irresistible, people spend nearly all of their free time—those precious three to four hours of each day—in the company of a screen. Which means they spend virtually no time alone."

Excerpt from Artsy -- "Thomaï Serdari, a strategist in luxury marketing and branding and an adjunct professor at New York University’s Stern School of Business, said the trend toward art collections in luxury developments was driven by millennials’ insatiable appetite for experiences.'Most young people who are interested in buying these new developments are also very much interested in experiences, and the art world is one of those experiences,' she said, including people who are not yet collectors, 'but people who want to be in the know.'"

Excerpt from CNBC -- "Amazon's decided retail's a difficult business. A better business is software, where you have recurring revenue. And now, more households have a recurring revenue relationship with Amazon in the form of Prime than voted in the '16 election or have a landline phone. ... You shop at Best Buy, which is an incredibly well-managed company, but you don't get season 2 of Transparent when you shop at Best Buy. So, they're creating all sorts of ecosystem and hooks to lock people into this recurring revenue relationship. And they're also fighting unfair. They have cheaper capital. They can just throw more resources at these types of shopping days than any other organization."

Excerpt from Marketplace -- "If you want to be persuasive to the other side, which is fundamentally what politics used to be about in this country, and what politics in a functioning democracy is ... the subtext of political discourse in a democracy is being able to persuade the other side to your point of view. And the way to do that, Jonathan Haidt says, is to be empathetic. Understand where they're coming from. Devote time, energy, and attention to that and then make your reasoned argument."

This program is designed to improve existing negotiation skills in order to optimize outcomes, enhance collaboration and expand relationships. Therefore, it is appropriate for senior executives, leaders, managers and professionals responsible for negotiating arrangements with clients, vendors, employees and other organizational stakeholders.

Excerpt from CCTV -- "There is a tremendous opportunity for the leaders of both countries to seize the moment and to expand economic relations between both countries. We have both experienced a slowing of economic growth over the last five to 10 years and we're witnessing greater difficulty in finding ways to speed economic growth. Improving trade, improving cross-border investment, may be the most powerful way in which we can accelerate economic growth in both China and the United States."

Excerpt from WalletHub -- "If you check the big three and you don't have other risk factors (you didn't just have your identity hacked), you're doing a reasonable job of financial hygiene. It's kind of like flossing -- it's no fun, but an ounce of prevention can prevent a pound of pain later on."

Excerpt from The Atlantic -- "Last year, the social psychologist Jonathan Haidt argued that recent conflicts at institutions of higher education are rooted in conflicting assessments of their telos, or core purpose. Is it to seek truth or to advance social justice? Those missions aren’t always at odds. But in Haidt’s view, they are presently coming into conflict often enough that the status quo is unmanageable. 'Universities will have to choose, and be explicit about their choice, so that potential students and faculty recruits can make an informed choice,' he argued. 'Universities that try to honor both will face increasing incoherence and internal conflict.'"

Excerpt from GreenBiz -- "'Students are interested, at the undergraduate level, in sustainability because they see these issues are important for them personally and are concerned about them. They want to have a job and a career with a purpose so they are look for ways they can make money and do well, but also have social impact. I think at the graduate level, where they have been out in the workplace for 5-8 years, they've seen businesses directly working on sustainability issues and are intrigued by an opportunity to learn more about that and contribute either to their own companies or find other companies that are doing interesting work in that space.'"​

Excerpt from Nightly Business Report -- "'We`ve certainly seen some very big high profile turnover events recently. The numbers look like they`re up, but it maybe not up dramatically. But I think the high profile nature of this is really what`s catching everyone`s attention. These are big name companies who have beenaround for many, many years and many who have been struggling very mightily with technological changes that have been going on in the environment and they`ve been looking around for solutions, the performance has just not been there.'"

Excerpt from The Federalist -- ​"Many scientists are now rejecting an open debate on anthropogenic global warming. EPA administrator Scott Pruitt appears ready to move forward with a 'red-team, blue-team' exercise, where two groups of scientists publicly challenge each other’s evidence on manmade climate change. The idea was floated during a Congressional hearing last spring and outlined in a Wall Street Journal op-ed by Steve Koonin, former undersecretary of energy in the Obama administration. Koonin said the public is unaware of the intense debate in climate science and how “consensus statements necessarily conceal judgment calls and debates and so feed the 'settled,' 'hoax' and 'don’t know' memes that plague the political dialogue around climate change.”

Excerpt from Fortune Magazine -- "'When I was serving on a committee studying the obstacles to adoption of electric vehicles at the National Academy of Sciences, we concluded that there was no possibility of even getting a carbon tax passed, and that was under the Obama administration, which had a much more pro-environment stance than our current administration,' said Melissa Schilling, a professor of management and organizations at New York University."