Experience Stern | News & Events

Excerpt from Marketplace -- "Airbnb is an accomodation company; Uber and Lyft are in transportation, but they fall under the tech umbrella."

Excerpt from Barron's -- "If 2018 has taught us anything, it’s that chaos is the new normal, and that it’s time to get smarter about anticipating change. But it also revealed an unsettling truth: We simply aren’t paying enough attention to meaningful signals in the present, and that’s why we’ve been caught in this constant cycle of surprise."

Excerpt from Goop -- "Do an audit and get a sense of what you’ve surrounded yourself with in your life, and in what ways you are potentially hearing the same voices, hearing some voices more than others, and perhaps reinforcing systems you do not mean to enforce. Systems that are exclusionary. These kinds of self-audits—that are quiet and private and no one needs to know you’re doing them—start offering hints as to what is happening in our lives."

Excerpt from Towards Data Science-- "Vasant Dhar, a Professor at NYU, the chief editor of 'Big Data' magazine said that '2018 saw the general increase of Big Data adoption in sciences, healthcare, government, and other industries. Cloud-based predictive analytics help to increase business efficiency, while legal regulations concentrate on security, data governance, and performance stability.'"

Excerpt from the Associated Press -- "When consumers start feeling uneasy or less wealthy, they forgo or postpone the big discretionary items on their budgets, says Priya Raghubir, a marketing professor at New York University's Stern School of Business. 'Large expenses such as home renovations, cars, all of those could be put on hold,' Raghubir says."
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Excerpt from Bloomberg-- "In a paper just published by the European Corporate Governance Institute, finance professors Sandeep Dahiya of Georgetown University and David Yermack of New York University studied the tax returns of more than 28,000 U.S. nonprofit organizations filed with the Internal Revenue Service between 2009 and 2016. The results make for grim reading."

Excerpt from Fox Business -- "Markets are always looking forward, and they're worried. We have a government shutdown and perhaps... what happens in March when we have to have the national debt rolled over and renewed? We've got a Secretary of the Defense who has resigned and is being forced out early. There's just a lot of uncertainty, a lot of worry, and that doesn't make the markets feel very good."

Excerpt from Financial Times-- "Roy Smith, a former partner and now a professor at New York University, says the fraud at 1Malaysia Development Berhad, or 1MDB, ranks among the biggest crises the bank has faced. 'It could conceivably have a much larger price tag on it [than other scandals] because these things escalate over time,' he says."

Excerpt from AFP -- "'If you look at the scandals, at Wells Fargo, at Volkswagen, underneath they were trying to make their quarterly numbers in unrealistic ways and they were being pressured to do so by analyst expectations,' Whelan said."

Excerpt from ACM -- "'Organizations using these methods walk a fine line,' says Tom Meyvis, a professor of marketing at the Stern School of Business, New York University. 'You can wind up with customers that, at one end of the spectrum, are angry about being mistreated, and others, at the other end of the spectrum, feel a deep sense of entitlement and are easily disappointed.'"

Excerpt from Money Inc. -- "'Many companies, like Uber and Lyft, are creating a new category in which investors have become more interested in revenues than profits,' Adamson said. 'There’s little consideration of the staying power of such companies. Instead, they care mostly about the first customers, who may be early adopters, and less so about where the next customers will come from.'"

Excerpt from Brookings Institute blog -- "Using U.S. Census data from 1990 to 2008, Tania Babina of Columbia Business School and Sabrina Howell of NYU Stern School of Business find that a doubling of a firm’s research and development spending increases the number of employees who leave to become entrepreneurs by 8.4 percent. One reason employees form start-ups rather than remaining with the parent firm is that risky ventures are often more successful when they are run as separate entities, which benefit from being highly focused and externally financed."

Excerpt from College Magazine -- "NYU’s Stern School of Business offers over 40 courses to marketing students. That course catalog reflects new marketing trends with classes like Search and the New Economy. And with specialized courses like Luxury Marketing, Leisure Marketing and The Business of Video Games, students can pursue careers in any industry."

Excerpt from Poets & Quants -- "In 2016, Poets&Quants counted 143 new profs — from full professors to guest lecturers — at the top 20 schools. Last year, that number ballooned to 198 at 24 schools. And in 2018, looking at the top 27 schools — including P&Q’s top 25 — there are 277. Among them are 168 whose full-time teaching jobs this fall are the first in their career."

Excerpt from Medium -- "This NYU Stern team presented creative solutions and detailed steps for implementing them, including new social media page concepts with sample content and modifications to the Salesforce website to help facilitate the customer journey. They also suggested new interactive demos that more clearly articulate the value of Salesforce’s retail execution solution."
 

Excerpt from Red Hat Command Line Podcast -- "One of the things that attracted me about NASA was that they were the bravest in the sense that they really took strategic research and development (R&D) challenges, that their scientists and engineers and top brains were working at the same time and opened them to the crowd. And I have to say that still today, many other organizations, when they do open source science or crowdsourcing, they do not take their core strategic challenges. They take something that is on the side, that doesn't risk their organization too much, whether it succeeds or fails, and NASA did something that really changed things, once it succeeded."

Excerpt from Wealth Professional -- "'[P]eople don’t make rational decisions at a time when it comes to money,' said Haran Segram, a clinical assistant professor of finance at New York University. 'I tell my students, it’s a patience game.'"

Excerpt from the The New York Times -- "'As those spreads are widening, definitely there is going to be a reluctance to invest, especially in risky ventures,' said Marti Subrahmanyam, a professor of finance at New York University’s Stern School of Business."

Excerpt from The Wall Street Journal -- "'Children do not become strong if they are protected from setbacks, teasing, exclusion and conflicts,' said Jonathan Haidt, a professor of ethical leadership at New York University’s Stern School of Business and co-author of 'The Coddling of the American Mind: How Good Intentions and Bad Ideas Are Setting Up a Generation for Failure.'"

Excerpt from the Associated Press -- "Lawrence White, an economics professor at New York University’s Stern School, said he expects the Fed to remain mindful of the mistakes of the 1970s, when officials allowed inflation to erupt, requiring sharply higher interest rates and a painful recession to root out. 'We have not had such low unemployment in almost 50 years,' White said. 'The Fed has to be cautious.'"

Excerpt from Bloomberg-- "We haven't yet seen the full application of technologies that have been invented. Take cryptography--there are ways to secure all of our communications and keep secret things we want to keep secret, but they're not being used. People...need to focus on this problem of diffusion--how do you make sure something gets widely used?"

Excerpt from PolitiFact -- "The consensus among economists, White said, is that 'tariffs, like any tax, generally introduce an inefficiency and makes the two sides of the trading relationship poorer — not richer.'"

Excerpt from the CFA Institute blog -- "Finance is inherently vulnerable to failure, Geithner said, and the financial crisis was caused by a cascading series of failures: failures of supervision and regulation and the failure to adapt. The ensuing panic demonstrated that our system had outgrown its Great Depression-era safeguards."

Excerpt from Capitol Forum -- "Eric Greenleaf, a professor of marketing at New York University who has taught masters and doctoral level courses in pricing strategy and theory, told The Capitol Forum by email, 'Unless FleetCor customers are told what the ‘Universal’ price is at any given time, they will not know how much they are paying, nor how the price compares to the publicly available price.'"

Excerpt from BusinessWorld -- "The demand for managers capable of dealing with the emerging challenges and opportunities of globalization will continue to be on the rise. In a survey of senior executives, reported in a 2012 McKinsey article on ‘Developing Global Leaders’, by Pankaj Ghemawat, 76 percent believed their organizations needed to develop global-leadership capabilities, but only 7 percent thought they were currently doing so effectively."