Experience Stern | News & Events

Excerpt from Retail Dive -- "Retail innovation will result from strategic thinking that is risk taking and laser focused. A private company (think of retail space STORY) or a majority privately held business can create the long-term horizon necessary to tackle the challenge."

NYU Stern faculty are available to offer perspectives on this year’s back-to-school shopping, retail and consumer trends. The following professors can speak to what we will see this year around promotional and marketing trends, winners and losers in retail, shifts in consumer sentiment, and tech and AI-powered innovation.

Excerpt from Reuters -- "'It's bad news from the investor's perspective because no price discovery is happening. It's bad news from the company's perspective because if they're trying to do funding investors will be looking for independent research. If they don't find it they'd be reluctant to fund the company,' said Segram."

Excerpt from Poets & Quants -- "New York University’s Stern School of Business is reporting a five-point rise in the average GMAT score for this year’s entering class of full-time MBA students. The school says that the average GMAT reached 721, up from 716 a year earlier, with a low score of 600 and a high of 780."

Excerpt from amNewYork-- "'The composition is changing and changing toward occupations that have shorter hours. That is a big driver of this overall average effect,' White said."

Excerpt from Mother Jones -- "Michael North, assistant professor of management and organizations at New York University, has researched intergenerational tensions for more than a decade. North’s research shows that older people often face pressure to adhere to the idea of succession, which 'prescribes for older generations that they have had their turn at prime influence or prime power and it is for the older generation to step aside and make way for younger generations.'"

Excerpt from Business Insider -- "'Good talent take their ideas and capabilities with them,' Lechner said. 'And their work, loaded on others, is never well-performed.'"

Excerpt from the Harvard Business Review -- "Deep uncertainty merits deep questions, and the answers aren’t necessarily tied to a fixed date in the future. Where do you want to have impact? What it will take to achieve success? How will the organization evolve to meet challenges on the horizon? These are the kinds of deep, foundational questions that are best addressed with long-term planning."

Excerpt from Adweek -- "'In pretty much every sector of the media landscape, from films to plays to music, we are seeing franchises and/or known artists with built-in awarenesses drawing the largest audiences,' said Paul Hardart, clinical professor of marketing at NYU Stern School of Business. 'People are busy, and getting their attention is hard. [Surprise] drops are a potential way to get consumer attention.'"

Excerpt from Reuters -- "'What we need is an improvement in the payments and exchange system and not necessarily a new currency,' Richard Levich, professor of finance and international business at NYU’s Stern School of Business, told Regulatory Intelligence."

Excerpt from Business Insider -- "Since there are more people who could wait tables than who could be doctors, waitressing jobs pay less, White said. Yet use of the term in economics is not meant to qualify low-paying or high-paying jobs as being hard or easy."

Excerpt from PR Week -- "Adam Alter, author of Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked, says our brain responds to receiving social media likes the same way it responds to drugs - and that not knowing how many likes you’ll get makes it highly addictive."

Excerpt from The Wall Street Journal -- "Gary Friedland, a scholar-in-residence at New York University Stern School of Business who has studied the EB-5 program, said he was surprised that an administration with ties to the real-estate industry is changing the program. 'Since Trump took office, we’ve been predicting that the regulations would be buried in regulatory purgatory, never completed,' he said."

Excerpt from ABC News Australia -- "What I've learned in writing 'The Coddling of the American Mind' is that we have two mega-trends coming that are going to make things so much worse than they've been. And so one is social media, which is already here. Social media shreds any sense that we live in a shared world. It's very difficult to agree on facts, and that's likely to get worse and worse. The other mega-trend is the arrival of Gen Z."

Excerpt from The New York Times -- "Across all industries, attack ads appear to be softening, according to Henry Assael, a marketing professor at New York University. 'Generally,' he said, 'the American consumer doesn’t like to see a fight going on — they would prefer to see just a straight story than one company attacking another.'"

Excerpt from the New York Daily News -- "The Fortune Society, one of the most respected criminal justice reentry and advocacy organizations in the country, is an amazing place. They truly know how to provide the services and support to give thousands what they so desperately need – a second chance, a shot at redemption, an opportunity to lead the lives they might have had. They see people for who they are, not their convictions. Many of the staff themselves were formerly incarcerated. Their mantra? 'Don’t define me by the worst thing I ever did.'"

Excerpt from Forbes -- "'The censorship required for Google and other tech companies make China a tricky market,' said Navin Manglani, professor of technology for NYU Stern School of Business. 'Furthermore, Chinese competitors often either implicit government support, through the government imposing significant regulations for non-Chinese companies, or explicit government support, through grants or funding. The government is quite leery of foreign companies achieving prominence in China.'"

Excerpt from Risk.net -- "'In securities lending there aren’t sufficiently granular data to do the analysis. We’ve made improvements in some other areas – money market funds and so on – but we need better data for financial intermediation that occurs outside of the banking system and in private markets where we lack data,' he says."

Excerpt from The Wall Street Journal -- "That impact, however, 'is probably going to be marginal at best,' said Anthony Karydakis, an adjunct professor at New York University’s Stern School of Business. The reason, he said, is that corporate borrowing will likely be slowed by worries about trade tensions."

Excerpt from Los Angeles Times --"'A while back, Google unveiled AutoML, a neural net that can build its own "children" to perform certain tasks,' she said. '"Westworld" spins out these ‘what-if’ scenarios many, many degrees — which is exactly what we do as futurists. We should all be asking what happens when just a few people build AI systems that will in turn build their own progeny.'"

Excerpt from Fox Business -- "'It certainly raises the bar on tech regulation in general. It’s very different from just a dollar fine or collective executive accountability,' Sundararajan told FOX Business. 'It’s possible that we will see directives to Apple and to Google and to others that ask for similar guarantees, but I think it’s unlikely.'"

Excerpt from Just Style -- "Developed by Ecovadis and NYU Stern's Center for Sustainable Business, it analyses data from 210 buying organisations across all industries and geographies, along with an independent study of suppliers conducted among 399 companies."

Excerpt from Bloomberg -- "I think there are two different aspects to the question of no-deal. One is the likely longer run impact on the UK economy, which I think has been overplayed, considerably overplayed. No one really knows, but there's an awful lot of bogus pontification [or quantification?] going into the estimates of how bad it would be. The second issue, however, is the shorter term one: whether the immediate consequences can be managed. And that depends entirely on how much preparation has gone into it."

Excerpt from Poets & Quants for Undergrads -- "Author Tara Westover tells the story of her life growing up with no formal education in a survivalist household, and how she eventually completed her doctorate at Cambridge. It’s been chosen as the summer reading for all incoming NYU undergraduate students because the transition to college can be a step into a larger, more public, and more diverse world of ideas, people, and cultures. ... Chugh provides us with an eye-opening guide to becoming the person we’d truly like to be, and not just be a good person, but a good-ish person, who is always moving forward."

Excerpt from Business Insider -- "'Once you start bundling irrelevant stuff like video service, which retailers cannot match, that creates the possibility of an antitrust issue, and this is something that may be investigated,' he said."