Experience Stern | News & Events

Excerpt from strategy + business -- "Instead of looking to the best practices of the Fortune 500, Salomon seeks salvation in data. The ease or difficulty of doing business in another country isn’t determined only by the norms and culture of that country; it’s also determined by the ease or difficulty of doing business that you’re accustomed to in your home country. Salomon believes it is possible to measure and express as a number such differences as the 'institutional distance.' And, he continues, 'studies show a positive correlation between institutional distance and the level of risk in doing business across countries.' When crafting a global strategy, he argues, executives would be well advised to calculate that distance."

Excerpt from TopMBA -- "Mindfulness practice can support us in this line of inquiry. It can help us ask the tough questions that can then lead to wiser decisions and actions, says Connie Kim, director of NYU Stern’s Leadership in Development program, which teaches mindfulness to full-time and executive MBA."

This program is intended for those who wish to rethink the habits that have made them successful in the past, and challenge the conventional wisdom and industry models that have defined their businesses. To achieve these objectives, this course combines presentations and discussions with practical exercises so that participants can apply disruptive leadership principles to business issues and scenarios.

Excerpt from Xinhua -- “‘Gone are the days when consumers just observe content over television screens, but now they are consuming content over mobile, over computers, and other devices,’ said Robert Salomon, associate professor of New York University's Stern School of Business.”

Excerpt from The Economist -- "The firm has a good case, reckons Mr Sundararajan. Firms such as YouTube and Facebook have already invoked such a defence successfully."

Excerpt from The Huffington Post -- "'The allure that this guy has for sparking the imagination of people, he does bring a certain panache to this for sure,' Tensie Whelan, director of New York University’s Stern Center for Sustainable Business, told HuffPost ahead of the announcement. 'How he thinks in systems is really interesting ― connecting the roof, the battery and the car. That broader, fully integrated solution is a smart way to go.'"

Excerpt from Bloomberg -- "I think the first thing investors have to be asking is whether they should be doing a valuation in the first place. Because valuation requires two things: One is it requires the willingness to learn the basic tools, and many investors want to do the valuation but they don't want to learn about accounting. They want to do valuation but they don't want to learn about present value. They want to do valuation but they don't want to understand the basics that drive risk and return. And that's lazy. It's lazy and it leads to you spending a lot of time thinking you're valuing companies and you walk away with actually nothing to show for it."

Excerpt from Bloomberg -- “I doubt [James Comey] had much of a choice. First of all, the fact that he’s aware of e-mails that would have materially contradicted the testimony that he gave in the investigation in Congress requires him to make that disclosure. Not only would it be politically delegitimizing for him and the FBI to hold on to it beyond the elections, if they eventually found out about it, but frankly with that kind of information it’s pretty likely that it would have leaked from within the FBI very soon anyway.”

Excerpt from Bloomberg View -- "In the 2000s, a series of academic papers showed that corporate America had become a much less comfortable place for incumbents. Lots of people in corporate America already knew this, but it was helpful to see peer-reviewed evidence: L.G. Thomas and Richard D’Aveni found big increases in profit volatility among manufacturing companies from 1950 to 2002. Diego Comin and Thomas Philippon found a similar increase in the volatility of sales growth and other metrics. ... This summer, though, Victor Manuel Bennett and Claudine Madras Gartenberg, professors at Duke University’s Fuqua School of Business and New York University’s Stern School of Business respectively, did something interesting. They took the volatility measures from the above papers and a few others, added some of their own, and updated them all."

On Friday, October 28, the Stern Healthcare Association (SHA) will host its annual conference, themed "The Changing Face of Healthcare."

NYU Stern’s MS in Business Analytics program hosted an Executive Education Day at NYU Shanghai, integrating local and regional expertise into students’ academic development.

Excerpt from Bloomberg -- "'You can’t on the one hand have lower prices and on the other hand have rising standards,' says Sarah Labowitz, a co-director of New York University’s Stern Center for Business and Human Rights."

Excerpt from The San Francisco Chronicle -- "'It does have a very powerful niche, and it’s a distinct player in that niche,' said Anindya Ghose, a professor of information technology and marketing at New York University’s Stern School of Business. 'Live (video) is a potential game changer that actually put Twitter ahead of the curve. ... TV is finally everywhere, and this plays into that larger ecosystem and gives them some good numbers to bank on.'"

Excerpt from The Wall Street Journal -- "'If Vine was housed inside a company that was growing at 30% a year…it would have survived,' said Scott Galloway, founder of consumer-brand research firm L2 Inc. and a marketing professor at New York University. For Twitter, 'not growing its user base, a part-time CEO and disgruntled investors—all of that adds up to forced focus.'"

Excerpt from the Business Standard -- "'Our findings show that schools contribute to the formation of children's values,' said Yair Berson from New York University and Shaul Oreg from Cornell University in the US."

Excerpt from Bloomberg -- "The IDG isn’t a traditional union. Drivers didn’t vote for it. It has no formal collective-bargaining rights. And its very existence helps the company resist formal unionization, says Arun Sundararajan, a business professor at New York University who researches the economics of the tech industry. 'This is just them planting something in the ground that might deter more contentious forms of labor organizing,' he says."

Excerpt from Marketplace -- "We're mixing up what is a serious issue which is a lack of affordable housing in New York with Airbnb hosting where there's really no evidence that Airbnb hosting has any impact that is measurable on the supply of short-term rentals."

This course is suitable for leaders of organizations and business professionals who wish to enhance their strategic thinking abilities and gain competitive advantage in dynamic environments.

This fall, NYU Stern’s Center for Global Economy and Business hosted a conversation and interactive training session with David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at Brookings and one of The Fiscal Ship’s co-creators.

Excerpt from Bloomberg -- "The second most-cited study, 'Low-Latency Trading' by New York University’s Joel Hasbrouck and Gideon Saar of Cornell University, provides evidence calling into question one of the most persistent criticisms of HFTs: they use superior technology to race ahead of investor orders and profit at their expense. The paper, which analyzed orders and executions on the Nasdaq, suggests HFTs improve market quality. They helped narrow bid-ask spreads, a measure of liquidity, and reduced short-term swings, according to the study, which has been cited 328 times."

Excerpt from Bloomberg -- "This kind of piggy-backing is rarely found in other industries, said Melissa Schilling, a professor of management at New York University’s business school. 'Uber spends all the money recruiting the drivers and educating the market, and as a result, later movers can come in at lower cost,' she said. 'Furthermore, you can successfully enter as a small player because the drivers are having their employment needs topped off by Uber.'"

Excerpt from Bloomberg -- "The bottom line is there's lots of downside risk and it's very hard to see, at least in the developed countries, a likely scenario that puts us on a different track."

Excerpt from Entrepreneur -- "'What successful companies—for example, Amazon—do is to constantly search for something better for customers,' says Jeffrey A. Carr, a professor of marketing and entrepreneurship at New York University’s Stern School of Business."

Excerpt from the Financial Times -- "'It used to be humans writing the caption for an image,' says Mr Ipeirotis. 'Now computers are writing the caption and humans are checking the caption.'"

Excerpt from MEL -- "...Raghubir doesn’t think checks will ever go entirely extinct. While it’s technically feasible to make all payments electronically and in cash, she says, some people will cling to checks out of pure habit, tradition or ease. Besides, she adds, 'I could not personally imagine going and giving a wedding gift to a friend of mine through a Venmo transfer. I would also feel embarrassed putting cash into an envelope. To me it would be odd.'"