Experience Stern | News & Events

On October 29, the NYU Stern Center for Business and Human Rights and The Rockefeller Foundation will host a conversation moderated by Professor Michael Posner, Director of the Center for Business and Human Rights, with special guest Dr. Rajiv J. Shah, President of The Rockefeller Foundation.

Following the premise that leadership is a skill to acquire and master, rather than a genetic inheritance, this course will provide a framework and template for your journey to becoming a great leader.

Excerpt from Real Time with Bill Maher -- (2:14)"...Kids born around 1995 had a very different childhood from kids born a few years before...they're sitting at home on their devices talking with each other and this seems to be changing social development and we know this, this is not just some perception from outsiders, because the rates of anxiety disorders, depression, self cutting where they have to be admitted to hospitals, and suicide, all of these rates are way way up, especially for girls, and it all begins right around 2011 and so it's when this generation first enters college campuses in 2013, that's when this new attitude about speech comes in."

Excerpt from Channel 4 -- "Given what we know to be true today, yes—it’s plausible that humans will travel to Mars sometime around 2031. However, there are a number of dependencies that could accelerate or decelerate that time horizon. Regulation, geopolitical strife, the availability of certain components and climate change all have the potential to derail our journey to Mars. On the other hand, they could also help us get there sooner."

Excerpt from The New York Times -- "'Netflix’s fundamental business model seems unsustainable,' said Aswath Damodaran, a New York University finance professor, who has examined the company’s numbers closely. 'I don’t see how it is going to work out.'"

Excerpt from Knews24 -- (1:05) "I think there is a risk that we have essentially shifted lots of burdens from companies to employers..."

The Stern Healthcare Association will host its annual conference, themed "Transforming Healthcare Delivery" on Friday, October 26, 2018.

Excerpt from Marketplace -- "New York University business professor Arun Sundararajan said the U.S. interest is to tax Chinese imports, whether Beijing responds or not. Either way, Washington makes money. 'If China imposes tariffs, the U.S.'s best response is we'll tax your imports as well,' he said. 'If China doesn't, then the best response of the U.S. is also to say, "Well, they're not doing anything. Let me sort of collect from them."'"

Excerpt from The Guardian -- "Scott Galloway, a professor at NYU’s Stern School of Business, said it should come as no surprise that the move didn’t turn into a financial setback this quarter, especially considering how poorly Google+ was performing. 'They were looking for an excuse to shut it down,' he says. 'To connect this problem to shutting the platform down was disingenuous.'"

Excerpt from Horse & Hound -- "The research was the first to provide evidence of the Dunning-Kruger effect, by which lower performers tend to be unaware of their lack of knowledge or ability, within equestrians. ... 'No doubt you have experienced a situation where someone’s performance is below average but they are confident their performance is excellent,' the authors said. 'This is the Dunning-Kruger effect in action.'"
 

Excerpt from the Financial Times -- "As marketing and psychology professor Adam Alter argues in Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked, the tech companies use an army of thousands to design the “sticky” features on a phone. To attempt to fight that army alone is a fool’s errand."

Excerpt from Communications. Transformed. -- (1:38) "I define data visualization as a process of creating data graphics with a message. So if you think about it, you start with the real world and you have data that represents some real world phenomena and you take that data and you encode it into shapes and colors to reveal patterns, trends, and insights."

In this advanced communication program, participants will practice developing and delivering well-crafted, concise messages with clearly defined intents that support their personal brand.

On October 24, the NYU Stern community honored 2018 Nobel Laureate Professor Paul Romer with fireside chat and reception.

Excerpt from The New York Times -- "And so in an effort to understand my fellow Brazilians, I’ve turned to the work of the psychologist Jonathan Haidt, whose moral foundations theory makes an impressive attempt to connect people with differing political views."

Excerpt from Marketplace -- "Last week, the company announced it added almost 7 million new subscribers worldwide in the third quarter. David Yermack at NYU’s Stern School of Business said as long as that’s the case, investors will be eager to lend to Netflix. 'It’s just like a person with a high income personally could afford a big car loan or a big mortgage,' he said. 'It’s really the same logic for a company.'"

Excerpt from WalletHub -- "I believe that rewards are treated very differently than cash. If you converted rewards points into their cash equivalent (e.g., though gift cards), then those gift cards would be spent differently than if you purchased through rewards. The commonest mental error is to not think of rewards points as just another form of currency that can be used for transactions -- leading to their either being hoarded, or spent on products that are inessential."

Excerpt from The Globe and Mail -- “Those corporations with higher coverage and lower premiums would distinguish themselves in the eyes of investors,” he says, and insurance carriers would welcome the new business. But they would need to properly gauge their risk - which is where the auditors come in."

Excerpt from Crain's New York Business -- "'He saved the firm,' said Brad Hintz, a former Bernstein executive who's now an adjunct professor at NYU's Stern School of Business."
 

Excerpt from BusinessBecause -- "Maintain a journal of your personal and professional achievements way ahead of application deadlines to help formulate your professional goals for the essays. I would recommend at least two years ahead of applying to business school. I didn’t do this, but am certain it would have helped!"

Excerpt from NBC News -- "Whenever the top prize really goes above people's imagination, then a lot of people say, why don't I try it? What's going to happen? ... It doesn't make sense."

Excerpt from Recode -- "'We have put a price on moral leadership,' Galloway said. 'And the presidents of the past have always tried to figure out the balance between the realpolitik and our strategic interest. This isn’t new. But we at least pretended to care ... And by the way, I think this is the same infection that has caused illness across all of Big Tech: We’re trading off long-term moral leadership in exchange for short-term profits.'"

Excerpt from The Globe and Mail -- "Among its key findings, researchers found tweets in the days leading up to a firm’s quarterly earnings reports successfully predicted whether the firm would meet its targets. An analysis of the platform’s commentary also suggested Twitter does a good job at forecasting how the stock price would subsequently respond."

Excerpt from Advisor Perspectives -- "As is generally the case with corporate financial reports, they hide more than reveal (and that’s why managers are happy with these reports despite their loss of relevance―see The End of Accounting). You have to be a sleuth to identify the influential estimates affecting earnings."