Experience Stern | News & Events

Excerpt from Salon -- "Recessions tend to start after the Fed fights rising inflation by increasing interest rates. Interest rates are abnormally low now, so I see the Fed moving to normalize them at a faster pace in 2018. That could dim the economic outlook for 2019. ... [The Federal Reserve Open Markets Committee will raise its target rate in 2018] three times, and 2.25 percent."

Excerpt from the Virginian Pilot -- “'It’s not a failure if they pull out,' Professor Thomaï Serdari said. 'If Nordstrom knows where their customer is, why would it be a failure for them to leave that particular location and go somewhere else where the customer is waiting for them?'”

Excerpt from China Daily -- "Professor Michela Giorcelli from the University of California, Los Angeles, and Professor Petra Moser from New York University - both in the United States - have studied the effects of copyrights on the output of new operas in Italy around the year 1800. They have found that the introduction of a basic level of copyright protection for the creation of operas, where it had previously been absent, increased both quality and quantity of opera output."

Excerpt from CNBC -- "'Associating yourself with the Amazon brand, even if you are one of several hundred delivery companies, is extremely powerful,' Ghose explains. If you start your own low-cost small business on your own, 'then, it's just your brand. And it's going to take forever for anybody to establish their own brand. I think that, for me, is the biggest difference.'"

Excerpt from Inc. -- "'Conservative justices have been good for business, and if there's another conservative justice, that will only increase the likelihood of pro-business decisions next term,' says Ari Ginsberg, a professor of entrepreneurship and management at New York University's Stern School of Business, who follows the judiciary and its impact on startups." 

Excerpt from Ethnews -- "'I've looked through lots and lots of data, and I don't think this is real,' said Rosa Abrantes-Metz, a professor at New York University's Stern School of Business and an expert on manipulation."
 

Excerpt from Luxury Daily -- “'Why is WeWork’s recent move noteworthy and what can other businesses learn from it? Because it is imperative for businesses to realize early-on that its head designer is the one with the ability to cull talent who would otherwise be unknown to business executives and to capitalize on their fresh ideas that stem from local culture and reinforce a sense of place."

Excerpt from Xinhua -- "'To say that trade deficits are bad, is not the entire story," Robert Salomon, associate professor at the Stern School of Business, New York University, told Xinhua in a recent interview. Looking at trade deficits, the Trump administration says the United States is 'getting beat on trade or the U.S. is losing -- that's not always entirely clear,' said Salomon."

Excerpt from Poets & Quants-- "'By teaching us to avoid leading questions, learn to observe, and listen to customers, it highlighted the importance of bringing in a true customer perspective when making product and business decisions'.- Mahum Yunus 'Professor Marciano taught us how to approach problems and how to form data based solutions that are realistic and defensible. Additionally, she has extreme mastery of business strategy in a way that can only be described as being a savant or virtuoso. Listening to her lectures always makes you feel like you are getting the full value from your tuition.' - Frank Varrichio"

Excerpt from Inc. -- "The approach Schilling takes with Quirky is a variant of the case study method — instead of companies, the cases here are the lives of great inventors. She examines their lives to uncover the common personality traits and 'foibles' that helped them see what others did not. Schilling argues that serial breakthrough innovators are different from the rest of us because they’re able to come up with groundbreaking innovations over and over again, rather than just once. And their innovations represent dramatic leaps, rather than incremental improvements."

Excerpt from BizEd Magazine -- "Is turbulence in the world market a sign that companies should abandon their globalization strategies in favor of more localized agendas? No, says Pankaj Ghemawat of New York University and IESE. In fact, companies and countries suffer from 'the yo-yo effect' when they switch too radically from global to local business approaches, as Coca-Cola disastrously demonstrated over a period of 30 or so years."

Excerpt from Business Insider -- "On average, it takes six seconds to check a typical email after it arrives in an inbox, Adam Alter, a New York University professor, previously told Business Insider. But, he continued: 'If you check an email, it's going to take you 25 minutes to get back into that state of productivity you were in before you checked your email.'"

Excerpt from South China Morning Post -- "On the other hand, the government has displayed a proposal for foreign workers to be proficient in the Bahasa Indonesia language, while tightening visa restrictions and price controls. Indonesia ranks 108 out of 140 countries measured on the DHL Global Connectedness Index, scoring low on human connectedness in particular: its rate of migrants, tourists and international students flowing both inwards and outwards is relatively low."

Excerpt from Business News Daily -- "'The toughest thing to price in is just the market uncertainty and those effects,' Foudy said. 'The stock market is jittery, but there's so much uncertainty about what [the] U.S. and others will impose. We see them move nervously but toward no particular outcome. It is slowing down business investment; uncertainty does that ... businesses need to know what's happening or they just put things on hold.'

Excerpt from Bloomberg -- "'There are strong social norms right now around committing to these kinds of goals,' said Dolly Chugh, an associate professor of management and organization at the NYU Stern School of Business. She has studied how public pressure changes diversity behavior. 'If you’re among the minority of CEOs who isn’t signing the pledge or promise, you’re violating a norm and norm violations make people very uncomfortable.'"

Excerpt from American Entrepreneurship Today -- "The CDL program that began in 2012 at the Rotman School of Management at the University of Toronto has now expanded to six universities, with NYU as the sole one based in the U.S."

Excerpt from The Wall Street Journal -- "The authors, Brian Pike and Adam Galinsky of Columbia University and Gavin Kilduff of New York University, studied 34 seasons of NCAA men’s basketball tournaments, as well as postseasons in the NBA, NFL, NHL and Major League Baseball to analyze how success of a team’s rival impacted the team’s future performance. Their findings showed that a strong performance by a team’s rival was positively associated with an uptick in the team’s performance in the following postseason."

Excerpt from the Financial Times -- ""According to a paper by Jason Furman, former chairman of the US Council of Economic Advisers, and Professor Robert Seamans of the Stern School of Business, those who earn less and those with less education are more vulnerable."

Excerpt from Luxury Daily -- "'It is always a good idea for heritage brands to take a fresh look at their own archives and find new ways to tell and re-tell their story,' said Thomai Serdari, a professor of luxury business marketing at New York University, New York. 'Far from showcasing vanity, brands approach their younger followers, who perhaps have not been initiated into the brand story yet neither fully nor completely, with sensitivity and a genuine interest in forming a bond.'"

Excerpt from Business Insider -- "People think it's a trade-off: am I gonna be a nice, good citizen and treat the environment well or am I gonna maximize profits? And the truth is you will perform better financially by doing things like having a great sustainability program, by having women on your board and in your senior management and by treating your employees well and ensuring that they're owners of the company. Those things translate into better financial performance."

Combining lecture, discussion, case analyses and group exercises, this short course develops participants' ability to strategically navigate a rapidly changing global business climate.

Excerpt from the Stamford Advocate -- "Moving away from opioids is 'definitely a risk, but it seems like a risk worth taking,' said Robert Seamans, an associate professor of management and organizations at New York University. 'To a certain extent, it seems like these types of sharp turns in strategy work better when private companies are making them. And since the CEO comes from the R&D side of the business, it sounds like they have the right person in place, now they have decided to pursue R&D instead of sales.'"

Excerpt from The Wall Street Journal -- "'I’m very doubtful that everybody is going to be able to make these tax payments,' said Constantine Yannelis, an assistant professor of finance at New York University who worked in the Obama Treasury Department. 'And I’m also doubtful that policy makers and society as a whole are going to be OK with jailing people for tax evasion because their student-loan balances are being forgiven.'"

Excerpt from BizEd Magazine - "Two new one-year master of science programs will be jointly delivered by the School of Business at New York University (NYU) and NYU Shanghai, a degree-granting campus of NYU. Both the MS in quantitative finance and the MS in data analytics and business computing will entail 12 months of full-time study over three semesters in two global hubs; students will start with a summer semester at NYU Stern in New York City and follow that with fall and spring semesters in China."

Excerpt from The Economist -- "Alain Bertaud of New York University says that, if integrated well, China’s city clusters could, thanks to their size, achieve levels of productivity never seen in other countries. He says it would be comparable to the differences between England and the rest of the world during the Industrial Revolution."