Experience Stern | News & Events

On Wednesday, November 28, NYU Stern’s Center for Sustainable Business hosted a panel discussion entitled, “Impact Investing in the Creative Economy.”

Excerpt from Deloitte blog-- "Social Psychology research teaches us that to reduce intergroup conflict, leaders need to focus on superordinate goals, such as the overarching shared goal you have as an organization. We need to switch the frame away from ‘old vs young’ or ‘senior vs junior’, to focusing on the shared business outcomes we are trying to achieve together."

Excerpt from WFN1 CEO Money Business Show -- "I believe data visualization is a leadership skill for managers and executives. It's a way to create a culture within your business... a data-sharing culture."

Excerpt from WGN Radio -- "What I was trying to do with the book and trying to do for myself in my daily life is to hold up my best self...as a reminder and to be and be a little unflinching in acknowledging the gaps. And as a social scientist those gaps are actually not a huge surprise. We know where they come from in the human mind, so once we see those gaps we can start doing the work of addressing them."
 

Excerpt from the The New York Times-- "The ability of large, cash-rich companies to buy smaller businesses before they have the chance to emerge as formidable competitors has altered the corporate landscape, said Thomas Philippon, a professor of economics at New York University, who has studied the increased dominance of large companies in many American industries. 'What would have happened to Instagram if Facebook hadn’t had bought them?' Mr. Philippon said. 'They would have competed with Facebook for sure.'"

Excerpt from The Washington Post-- "Petra Moser, a New York University Stern School of Business economist, has long studied patents and innovation, most notably in a widely cited analysis of two 19th-century world’s fairs. Patents don’t capture every human advance, she said, but 'they’re our most complete record of innovation.'"

Excerpt from NBC News-- "Ginsberg noted that the city and state aren't cutting Amazon a check — they're giving the company a break on state and city taxes it will be paying, money they wouldn't be getting otherwise. The state and the city say even with the breaks, the deal will create $27.5 billion in tax revenue over the next 25 years — a 9-to-1 payout on the investment."

Excerpt from CNN-- "'The regulators have not taken preventive action to prevent the buildup of risk,' says Richard Berner, who until last year ran the Treasury Department's Office of Financial Research. 'So they have to think about what they do when bad things happen.'"

Excerpt from Metro -- "'Due to Amazon, I think more retailers are offering deals year round,' he said. 'People are becoming a little bit, I’d say, skeptical about whether or not you’re going to get the best deal on Cyber Monday.'"

Excerpt from Fast Company-- “'Seventy-five percent of Americans can reach their phones without moving their feet 24 hours a day,' says Adam Alter, author of Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked. 'It’s easier to resist the charms of your inbox if it’s not within reach.'"

Excerpt from Clear Admit -- "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."

On November 26, join the NYU Stern Center for Sustainable Business, the NYU Department of Environmental Studies and the Environmental Humanities Initiative to learn about the exciting new world and investor opportunities of sustainable protein.

Excerpt from amNewYork-- "'The extra utility that consumers get from experiencing and playing ... it's almost like an artistic expression,' she added. 'In terms of getting people into physical stores, this is necessary. It's innovation that this is coming out of a dying medium, they have to.'"

Excerpt from the CNN-- "'This is a big brand crisis,' said Tulin Erdem, a professor of marketing at NYU's Stern business school. 'Sometimes brands do recover ... but on a scale of 1-10, [this is] really high up.' ... 'People are really influenced by what's happening online,' [Serdari] said. 'They do shop primarily online, and they're excellent researchers,' she said. They 'have experience in the luxury market and they really know what they're buying.'"

Excerpt from Il Sole 24 Ore -- (translated from Italian using Google Translate) "'There is a direct correlation between the economic slowdown and the rate of corporate bankruptcies,'..."

Excerpt from Financial Times-- "Two liberal academics take on what they portray as an epidemic of 'safetyism' in American universities that is threatening free speech and scholarly debate. The authors offer a tour of this new world, incorporating safe spaces, trigger warnings, micro-aggressions and de-platforming."

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.'"