Experience Stern | News & Events

Excerpt from Forbes -- "For the most part, people understand they are giving up their privacy in exchange for access to a social network. But most of us don’t realize the number of different ways in which our information gets used, traded, and combined once we give it up."

Excerpt from Knowledge@Wharton -- "Online grocery typically attracts the most profitable customers: dual-income households, customers who prioritize convenience over price, and customers with high lifetime value. These are the kinds of customers e-commerce retailers should care about."

Excerpt from Luxury Daily -- "We often see elaborate displays of the most important patrons of the brand in association with a specific product that they particularly cherished. This helps create social and historical context for the content of the brand's collections, but most importantly, it humanizes the brand in the eyes of the viewer. The narrative shifts from placing emphasis on product to the impact that this branded product has had in someone's life and the emotional bond between that person and the brand."

Excerpt from Fox Business -- "What China has done is it's starting to attack the United States where it hurts. This is the first shot across the bow. They are attacking agricultural products and we ship a lot of agricultural products to China. We announced last month that we, the Trump administration said it would put tariffs on about 60 billion dollars of Chinese goods, this is China's response."

Excerpt from Shine -- "New York University Shanghai and New York University's Stern School of Business jointly launched two new one-year master of science programs in data analytics and business computing, and quantitative finance. The programs aim to prepare new and recent college graduates for their careers in the rapidly evolving marketplaces of analytics and finance in China and Asia."

On April 25, NYU Stern’s Center for Real Estate Finance Research and the Infrastructure Finance Initiative will co-host a joint conference entitled, “The Infrastructure & Real Estate Nexus: Three Case Studies.”

Excerpt from CNBC -- "In a report marking the fifth anniversary of the disaster, international firms and government organizations were warned that they must take 'shared responsibility' to improve the lives of those working in supply chains. 'Those who benefit from the Bangladeshi garment industry's low-cost, high-volume model, also have an obligation to do more,' said Michael Posner, professor of ethics and finance at New York University's Stern School of Business."

Excerpt CNBC -- "Thanks to Zuckerberg's missteps, Google has managed to stay on the sidelines of the regulation conversation. But Galloway said Google is equally as 'scary' as Facebook from a privacy perspective. 'Google got very lucky. We'll see if it lasts, because they have just as much data, they are just as scary, their platforms are weaponized, too,' Galloway said."

Excerpt from The New York Times -- "'We have found tremendous improvement in the larger factories' involved in the safety programs, Paul Barrett, deputy director of the center, said in an email. 'But two other categories — factories overseen by the government and subcontracting facilities not overseen by anyone — remain at risk.'"

NYU Shanghai and the NYU Stern School of Business are partnering to deliver two new one-year Master of Science programs to prepare new and recent college graduates for successful careers in the rapidly evolving marketplaces of analytics and finance in China and Asia.

Excerpt from Reuters -- "...the mission of making factories safe in Bangladesh isn’t even close to done. The Accord and Alliance will not continue indefinitely. The Alliance plans to wrap up its work by the end of 2018. The Accord will renew its mandate every six months, but only through mid-2021. At some point, the factories that the two initiatives have overseen will return to the supervision of the Bangladeshi government, which is notorious for having ignored death traps like Rana Plaza and Tazreen Fashions, where a November 2012 fire killed 112."

Excerpt from i24 -- "I think that is what Trump actually wants, he doesn't want the collective agreements but he wants the individual agreements so he wants individual agreements for the United States and the rest of the world and various countries are also trying to make individual agreements with each other. In this game of individual agreements, the large players are more likely to win and the large players are the United States, China, and some countries in the European Union."

Excerpt from Pensions & Investments -- "Accounting professors Baruch Lev and Feng Gu observed in 'The End of Accounting' (John Wiley & Sons, 2016) that over the past 40 years, the investment rate in physical capital fell by 35% while the investment rate in intangible assets grew by almost 60%."

Excerpt from Poets & Quants -- "In his quest to use operations management, machine learning, and marketing to leverage data and make effective business decisions, NYU Stern’s Srikanth Jagabathula has received four “best paper” awards, a career award from the National Science Foundation, and he serves as associate editor for Management Science, the top scholarly journal for his field."

Excerpt from PBS NewsHour -- "We’re proposing a Bangladeshi-led international task force that would use a concept known as shared responsibility to raise funds and see that they are spent properly on safety improvements in those factories that have not been reached so far."

Excerpt from the Thomson Reuters Foundation -- "'Western consumers are the beneficiaries of the cheap clothes produced in Bangladesh. Therefore, it is incumbent on western brands and retailers, as well as western governments, to step up to the plate,' Posner said."

Excerpt from Nikkei -- (Translated from Japanese using Google Translate) "[It was former GE chairman and CEO Jack] Welch’s strong influence which made GE able to keep various businesses with a low level of relatedness to each other (and which made investors overlook the inefficiencies caused by such a structure)."

Excerpt from The New York Times -- "Research has shown that we humans are generally pretty awful at assessing our own competence and abilities, which in turn leads us to overestimate them — a phenomenon called the Dunning-Kruger Effect."

When choosing which charities to donate to, individuals will prioritize personal preferences, even when presented with more effective donation alternatives, according to new joint research from Professor Alixandra Barasch. 

On April 23,  NYU Stern Executive Education will host a fireside chat featuring Professors Tensie Whelan and Robert Salmon. 

In this program, we will examine best-practices related to the business use of social media and digital marketing.

Excerpt from the Economic Times -- "'The main hurdle these Indian firms face is explaining their USP (unique selling proposition) to clients,' says Anindya Ghose, professor, New York University’s Stern School of Business. 'Take Grey Orange, for example. The space it is competing in (advanced robotics systems for automation at warehouses, distribution and fulfilment centres) is getting crowded.'"

Excerpt from Bloomberg Quint -- "'This is a company which spends $9 billion in content; and if they keep doing it, they will go bankrupt,' he told BloombergQuint in an interview. Damodaran, who has studied Netflix valuation, said he didn’t know what binge watching TV was, until he learnt it from Netflix. By changing the way the game is played, Netflix has made it look like it can win, he said. 'The danger though is, in the process of winning the market, it might actually destroy itself as a business.'"

Excerpt from CBC News -- "'I have absolute confidence that the Model 3 production problems will be solved and that it will be a successful car,' says Melissa Schilling, business professor at New York University's Stern School of Business and author of Quirky: The Remarkable Story of the Traits, Foibles, and Genius of Breakthrough Innovators Who Changed the World."

Excerpt from NPR -- "I think fundamentally it's about very poor management on the part of Wells, and it really raises the question, are these big banks too big to manage effectively?"