NYU Stern
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  • – Faculty News

    Prof. JP Eggers discusses the evolution of tech companies

    September 30, 2014
    bloomberg logo feature
    Excerpt from Bloomberg -- "The cycle certainly seems to be faster. The pattern is still relative to what we see in other industries. The challenge is that, in many industries, the dynamics just don't move as fast. Things don't replace new technologies, steel and airlines and things like that, as often, whereas in the tech world, the life cycles are much more compressed. But the same basic pattern shows up whether we look at manufacturing or retail or technology."
  • Sir Mervyn King_feature
    NYU Stern's Center for Global Economy and Business welcomes Lord Mervyn King, former governor of the Bank of England, to speak at a public talk.
  • – Business and Policy Leader Events

    "The Changing Face of Wall Street: From Universal Banks to Shadow Banks"

    September 29, 2014
    KMC Full Shot
    Dean Peter Henry and William R. Berkley (BS '66), Chair-Designate of NYU Trustees and Chairman of NYU Stern's Board of Overseers, hosted "The Changing Face of Wall Street: From Universal Banks to Shadow Banks," the first installment of NYU Stern's speaker series on the future of finance on Monday, September 29.
  • cbc logo feature
    Excerpt from CBC Radio -- "It really comes down to the four entities of the marketing environment. One is the consumer and their shifting tastes and preferences towards healthier products. The other is the company and what makes sense for their marketing and production efficiencies. What the company's competitors are doing is something that is always on their radar. They don't want the competition to move too far ahead or beyond them. And then, finally, there's the public voice, or community, and the educational initiatives, efforts, and governmental policies and initiatives that have worked to educate the consumer on the importance of proper nutrition for adults and children."
  • brics post
    Excerpt from The BRICS Post -- "Mr. Modi has political capital to spend in India, and he ought to use some of it to winnow government subsidies, reduce protection of certain economic sectors, and to do all he can to increase basic competition in goods and services. Infrastructure and education are important too, but these take a long time to improve. The most immediate need is to get the growth rate back to a 9-10 per cent level."
  • clear admit logo feature
    Excerpt from Clear Admit -- "I think the surprise that people get when they experience Stern is that the culture is very collaborative, very diverse and very team based. We have people from all over the globe who come to Stern with diverse backgrounds and bring experience from a range of industries, from investment banking to entertainment to marketing to the military. But as different as they all are, what these people all have in common is that they respect one another and work together. We aim to shape our community with people who possess what we call IQ + EQ—the combination of strong intellectual and interpersonal strengths."
  • business insider logo feature
    Excerpt from Business Insider -- "...Galloway’s basic premise is this: Everyone thinks the 'digital age' is a rising tide that will lift all boats. But really, it’s a shift in tides that favors a few super yachts and will leave everyone else stuck in the sand or worse. With this perspective, he examines the players in three arenas: Social media, retail, and the world economy."
  • new york observer logo feature
    Excerpt from New York Observer -- "Manhattan is home to some of the world’s most iconic skyscrapers. But despite its abundance of upward real-estate, a map created by Shlomo Angel shows the city actually has a lower population density as of 2010 versus 1910. Mr. Angel’s map comes from his book Planet of Cities, part of an upcoming New York Public Library presentation by the NYU Stern Urbanization Project and the NYU Marron Institute for Urban Management."
  • forbes logo feature
    Excerpt from Forbes -- "Apple has become the ultimate symbol of luxury. And as the luxury sector has been the most robust part of the retail industry, particularly amid the nation’s vanishing middle class, the darling of the tech world is poised for explosion growth — particularly as it tip toes into upscale fashion accessories with its new smart watch, Scott Galloway, founder and chairman of L2 and clinical professor of marketing at NYU Stern, said during the conference. More than Cartier or Hermes, 'Apple is becoming the new indicator of wealth in our society,” said Galloway, who called Apple the hands-down winner today in the digital age."
  • bloomberg logo feature
    Excerpt from Bloomberg View -- "Today's chart comes from a very interesting article on stock buybacks from Aswath Damodaran, a professor at New York University. He writes: This has been a big year for stock buybacks, continuing a return to a trend that started more than two decades ago and was broken only briefly by the crisis in 2008."
  • reuters logo feature
    Excerpt from Reuters -- "'What we don’t know, or we feel like it varies, is whether the benefit comes from working longer hours, or not being able to turn off, working evenings and weekends, or from something else,' [Wiesenfeld] told Reuters Health. 'It could be there’s higher wellbeing, there could be creativity benefits too,' she said. Working parents have lower stress levels when they have the option to work remotely, she noted."
  • it business edge logo
    Excerpt from IT Business Edge -- "Panos Ipeirotis describes a similar, but much more complicated approach, in 'Crowdsourcing: Achieving Data Quality with Imperfect Humans,' which is available on YouTube. Ipeirotis holds a Ph.D. in computer science from Columbia and is now an associate professor and George A. Kellner Faculty Fellow for the Department of Information, Operations, and Management Sciences at Leonard N. Stern School of Business at New York University."
  • citylab logo
    Excerpt from CityLab -- "'This increase in black entrepreneurship is unambiguously a good thing. Anything we can [do] to expand that is a good thing,' Seamans says."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "Some bondholders aren’t allowed to hold notes that are rated below a certain grade, which may cause some mutual funds to unload their holdings after a downgrade, according to Lawrence White, a professor at New York University’s Leonard N. Stern School of Business."
  • – Student Club Events

    Post 2015 MDGs: The Critical Role of Africa's Private Sector

    September 23, 2014
    Washington Square Park Feature
    In an event co-hosted by Stern in Africa and NYU's Center for Global Affairs, Nigerian Finance Minister Ngozi Okonjo-Iweala will discuss the role the Private Sector can play in Africa's growth.
  • – Faculty News

    Prof. Jonathan Haidt's research on awe is featured

    September 22, 2014
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    Excerpt from The Huffington Post -- "Though psychologists have studied virtually every human emotion, they have only recently begun to pay attention to the complicated and varied emotion of awe. In a foundational 2003 paper, 'Approaching Awe, A Moral, Spiritual And Aesthetic Emotion,' psychologists Dacher Keltner of UC Berkeley and Jonathan Haidt of New York University outlined how exactly awe works and what effect it has on us. Awe consists of two qualities, Keltner and Haidt say: perceived vastness (something we think to be greater than ourselves), and accommodation, a need to assimilate the experience of vastness into one's current mental structure."
  • quartz logo
    Excerpt from Quartz -- "Managers tend to think that using a flexible schedule to be more productive is good—a sign of commitment to the organization—according to a study (pdf) from Lisa Leslie at the University of Minnesota. But when employees seek such schedules to accommodate aspects of their personal life, they see it as a sign of low commitment and dedication."
  • – Business and Policy Leader Events

    "Global Economic Problems, Global Solutions" with Gordon Brown

    September 22, 2014
    Gordon Brown Sani Lecture 2014 192x144
    The Right Honourable Gordon Brown, former Prime Minister of the United Kingdom, will present a talk entitled "Global Economic Problems, Global Solutions," emphasizing the advancement of global ethics, on Monday, September 22.
  • business insider logo feature
    Excerpt from Business Insider -- "One Chinese supplier that works with a range of European and American buyers described how Uniqlo provided him with 18-month forecasts of order volume. If the company deviated by more than a certain percentage, Uniqlo would apologise and offer to compensate him for the lost production. Other buyers, in contrast, would simply cancel orders or reduce volumes with neither an apology nor the offer of compensation. The supplier said he never accepted monetary compensation when Uniqlo deviated from its order projections. The respect the company showed him and the long-term nature of the relationship were worth more than the money."
  • cnbc logo feature
    Excerpt from CNBC -- "In principle, a Scotland operating independently over time could kind of get it right. It's a small country. It could function effectively, like Sweden, but there's an enormous transition. First of all, you have a country that has 50% of the people, plus or minus, who think it's a bad idea and 50% who think it's a good idea, so this is a fairly badly divided country."
  • montreal gazette
    Excerpt from Montreal Gazette -- "'At the very least, the rule needs to be improved,' said Rosa Abrantes-Metz, an economist who investigates manipulations and cheating, when told of the section of Quebec’s Act Respecting Contracting by Public Bodies that allows provincial departments and agencies, hospitals, universities, school boards and other public institutions to exempt themselves from holding a public call for tenders when they award contracts over $100,000."
  • – Faculty News

    Prof. Joe Magee's research on leadership is highlighted

    September 19, 2014
    Business News Daily Logo
    Excerpt from Business News Daily -- "Business leaders who consider their audience's perspective and who are conditioned to see the world from someone else's point of view produce the best outcomes, according to a study published recently in the journal Social Psychological and Personality Science."
  • pacific standard magazine logo
    Excerpt from Pacific Standard Magazine -- "Imagine you’re working your way through a list of chores—you might have to dust some bookshelves, vacuum the rugs, and sweep the floors. Probably you’ll check off one group—one category—of chores at a time. If you dust one shelf, vacuum part of a rug, and sweep a bit over there, you’re still left with more dusting, more vacuuming, and more sweeping, making your to-do list feel interminable... That intuition turns out to be correct, according to Anuj Shah and Adam Alter. In a series of seven experiments, they show that the average person will try to tick off categories of unpleasant tasks before moving on to the next. They’ll do the opposite for more enjoyable things. That way, there are more categories left to sample from—even if the number of things in those categories is the same, that makes it feel like the good times last a little longer."
  • cctv logo
    Excerpt from CCTV -- "China's ecosystem, regulation, and government favors local players, so to seriously expand into the Chinese market, you need a big brother and basically by taking money from Alibaba, you get a big brother on the ground in China."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Policy makers and the public may wish for the comfort of certainty in their climate science. But I fear that rigidly promulgating the idea that climate science is 'settled' (or is a 'hoax') demeans and chills the scientific enterprise, retarding its progress in these important matters. Uncertainty is a prime mover and motivator of science and must be faced head-on. It should not be confined to hushed sidebar conversations at academic conferences."