Experience Stern | News & Events

Excerpt from the Glamour-- "'Trust and authenticity are keys to buyers today, particularly millennials,' says Russell Winer, Ph.D., a professor and the deputy chair of the marketing department at NYU Stern School of Business. 'If that is destroyed, a company can be seriously hurt.'"

Excerpt from TopMBA -- "J.P. Eggers, Vice Dean of MBA Programs at Stern, suggested the school is both fully aware of the opportunity the move will provide and ready to play a big part in its success: 'We are thrilled that soon, Amazon will be in our backyard, providing an opportunity to leverage our unique locational endowment, as we do with many companies, to further the already strong connections between us.'"

Excerpt from the The New York Times -- "'The economic savings, feeling good about yourself having found a good deal, being a shrewd consumer,' she said, all add up to one key factor. Plus, because so many stores offer Black Friday sales, it’s easier to find discounts without having to search as hard as you might during the rest of the year. But, Dr. Erdem said, another reason Black Friday remains so popular is tradition."

Excerpt from MIT Sloan Management Review -- “Even after Amazon fills all their jobs, they’ll be workers left who would work for less than $15. So unless Amazon competes in a very tight local market, other firms won’t be forced to follow.”

Excerpt from Voice of America -- "Visualization of data is not only a skill for your IT folks. It's a competence that's needed throughout every organization... Today, when I train managers and executives in the visualization of data, first we focus on the impact and the business case. Then, we work through the technical details."

Excerpt from The Washington Post-- "'You buy one cheap item, and then you buy five items you don’t need at full price,' says Allen Adamson of New York University’s Stern School of Business. Adamson adds that shoppers often wrongly assume that everything is on sale."

Excerpt from WIRED-- "Even little efforts could effectively spook incumbents into reform. The academic Rob Seamans has found that 'the threat of entry is enough.' When a farmers’ co-op plans to roll out broadband, the big companies suddenly decide it’s time to upgrade."

Excerpt from Seeking Alpha -- (3:38) "The nature of valuation is not that you are trying to find every winner but that you are trying to find the next one. That said, Amazon has been a surprise in the making."

Excerpt from MIT Sloan Management Review -- “Carbon dioxide emissions create monumental social costs, which are not covered by industries that burn fossil fuels. Firms have no incentive to volunteer paying for these costs. In fact, that would be a really dumb business decision. This is a place where ‘self-regulation’ fails, and we need evidence-based government policies.”

Excerpt from Yicai Global -- "Debt management will be more difficult once confidence within the financial system disappears, Robert Engle, a Nobel Laureate in economics, told Yicai Global, adding that slowly reducing the debt ratio of state-owned enterprises and local governments, as well as safeguarding foreign investment can help to solve this challenge. An end to the China-US trade spat will also benefit both sides, he added."
 

Excerpt from the The New York Times -- "Expanding on their influential Atlantic article, the authors trace the culture of 'safetyism' on campus to a generation convinced of its own fragility, warning of potentially dire consequences for democracy."

Excerpt from Barron's-- "'It’s easy for a board to be alert when times are tough, but it’s very important for a board to maintain their vigilance when times are good,' she continues, adding that 'sometimes boards can be deferential to an iconic CEO' such as Ghosn. (Ghosn stepped down as CEO of Nissan last year while remaining chairman.)"

Excerpt from Forbes-- "Business professionals can learn a valuable lesson about the path to economic growth and innovation from Paul Romer, this year’s Nobel Prize winner in Economic Sciences (shared with William Nordhaus). Romer views the economy as a 'huge innovation discovery machine' that, in conjunction with government policy, can and should promote and provide technological innovation for everyone."

Excerpt from CNBC -- "Right now, rather than thinking about managing investor expectations, what Facebook really has to focus on is making sure that they don't lose the public trust."

Excerpt from Poets & Quants -- "'There’s an enormous opportunity to continue the growth of the technology sector in New York City that has been booming so much the last five years,' Eggers tells P&Q, 'to the extent that New York is seen as the only real competitor to Silicon Valley in the U.S. at this point in time in terms of scale, size, and growth rate.' ... 'Obviously we are excited about this opportunity and the fact that the door to more opportunities at Amazon — especially opportunities that would be local here in New York — is a real potential option for our MBA students,' he says."

Excerpt from Machine Design-- "Quirky illustrates a common thread among these geniuses and asks whether it’s possible to teach someone how to become one of the greats. In short, no—it isn’t. However, there are things that could aid or create an environment to yield people who are more aware of (and capable of) innovation on a grand scale."

Excerpt from Forbes-- "In his book Irresistible, NYU Stern School of Business professor Adam Alter summarizes the research about the irresistible urge to use technology, and the businesses that spend millions of dollars to keep you hooked. Guidelines suggest that you should spend less than an hour a day on our phones, yet research shows that only 12% of phone users meet that criteria – that means 88% of people overuse, with the overall average being three hours. Alter goes on to detail a survey of young adults that revealed that 46% of them said they would rather break a bone than break their phone – and many of the 54% who said they’d rather have a broken phone agonized about that decision."

Excerpt from Forbes-- "'Of course young companies outnumber the old,' says Sylla. 'Many of the largest companies started between 1880 and 1920, but many more have grown large after 1950 so they wouldn't quite be centenarians. Yet.'"

Excerpt from Heleo-- "I am trained as a social psychologist and we tend to think of the world through the lens of individual people and small groups, not large systems and structures. But, through the interviews I did for the book, it became clear I was really missing something by not exploring the systemic perspective and its relationship to our unconscious biases. I turned to the work of sociologists, economists, political scientists, historians, and others to broaden my understanding."

Excerpt from amNewYork-- "'It’s transportation, talent and taxes,' said Ari Ginsberg, a professor of entrepreneurship and management at NYU's Stern School of Business. 'Places that have deteriorated in terms of industrialization then became opportunities for new types of business and new types of talent.'"

Excerpt from Bloomberg-- "'I believe that the market has over-corrected for GE’s many faults, and at the current stock price, that it is significantly undervalued,’ Aswath Damodaran, a finance professor at New York University, said Wednesday in an analysis on his website."

Excerpt from UPI-- "'It’s transportation, talent and taxes,' said Ari Ginsberg, a professor of entrepreneurship and management at NYU's Stern School of Business. 'Places that have deteriorated in terms of industrialization then became opportunities for new types of business and new types of talent.'"

Excerpt from Daily Mail-- "'Their target was younger, urban people, and the people that are burning their Nikes - I think [Nike is] OK with that,' he continued. 'Obviously they don't want to lose customers, but they are going after their target, which is what you should do in marketing.'"

Excerpt from Financial Times-- "'The context is always different and the law is always changing,' says Vasant Dhar, professor of information systems at New York University’s Stern School of Business. 'That makes it a messy arena for AI to operate in.'"

Excerpt from the The New York Times -- "Aaron Tenenbein, a statistics professor at New York University’s Leonard N. Stern School of Business, estimated Mr. Bailey’s odds would have been 1 out of 115,385. 'It doesn’t matter if he’s playing the same number; it’s still the same chance,' Mr. Tenenbein said. In other words: 'It’s pure luck.'"