Experience Stern | News & Events

Excerpt from the Associated Press TV -- "I don't believe this is a left vs. right issue or a Trump vs. Democrats issue. I think that network neutrality benefits not only consumers, but the vast majority of businesses. Net neutrality does not benefit the telecom providers, the cable providers, but it does benefit everybody else in business."

Excerpt from Business Insider -- "'I always say "AQA:" Answer the question asked,' Isser said. 'Respond to the prompts, do it completely. That said, make sure you get across who you are in this essay.' And of course, convey yourself and your goals clearly. 'I would treat this a little bit more like if you are presenting a business case on yourself and you are providing almost an executive summary as to who you are, what you're about, and why you're going to business school,' he said."

Excerpt from CNBC -- "Helping employees get over financing hurdles for housing would pump relatively 'lazy' capital on corporate balance sheets directly into the economy. Public corporations have trillions in liquid assets, so the scale and impact of providing housing assistance to employees could be significant. In return, it would be beneficial to companies in a couple of ways: 1) The company would get interest on that loan and 2) It would help companies solicit and retain valuable employees. For example, they could offer employees the convenience of living close to work."

Excerpt from Axios -- "Corporate America has become ever more concentrated over the past two decades, and its monopoly power is killing the incentive for large companies to invest in the economy, according to new research from NYU's Stern School of Business. The paper's authors assert a cause-and-effect relationship between a widespread increase in large company monopolies and a decrease in investment in new technologies, plants, and equipment by those same monopoly companies."

Excerpt from Marketplace -- "People perceive the US economy as the most desirable place to invest."

Excerpt from the Chicago Tribune -- "Michael Posner, who served as Assistant Secretary of State for the human rights bureau during the Obama administration, suggested that shuttering the war crimes office did not foreclose the prospect that another State Department agency might carry the torch.'The key is the appointment of strong people and the provision of adequate resources and political support to enable them to do their jobs effectively,' he said. 'Treating human rights and global justice issues as foreign policy priorities advances US interests and values. They are inseparable.'"

Excerpt from the Irish Times -- "Ordinary investors didn’t get to buy at $17 during the IPO. Demand meant they opened for trading at $24 and peaked at $29 the following day, a far cry from the $15 level to which they fell last week. It could get worse. Prior to the IPO, this columnist warned Snap’s stratospheric valuation meant it looked a bad bet. Even now, the stock trades on 45 times sales, prompting Prof Scott Galloway from the NYU Stern School of Business to dismiss it as the 'most overvalued company in the world.'"

Excerpt from CNBC -- "Aswath Damodaran predicts digital currencies will eventually be as important as the major paper currencies. He said cryptocurrencies have already replaced gold for younger investors.'All currency is ... based on trust. If you don't trust paper currency, historically what you've done is you dumped paper currencies [and] you bought gold,' he said. 'Cryptocurrencies have taken the role of gold at least for younger investors because they don't trust paper currencies.'"

Excerpt from Economy Chosun -- "Unlike China, India is tightly regulated by lending, so it will not be easy to recreate the explosive growth that China has shown in the past. Of course, there are not many bankrupt companies thanks to strict loan regulation. India is expected to record an annual growth rate of 5 ~ 6% annually."

Excerpt from Forbes -- "Financial resources are being diverted from needed investments in innovation. A brilliant study by economists from the Stern School of Business and Harvard Business School, compares the investment patterns of public companies and privately-held firms. They found that, keeping company size and industry constant, private US companies invest nearly twice as much as those listed on the stock market: 7% of total assets versus just 4%."

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.'"