Experience Stern | News & Events

In an era of unprecedented change and pervasive uncertainty, the question isn’t whether graduates will meet this moment, but how. In her address to the NYU Stern Graduate Class of 2019, Janet Foutty will explore that “how,” sharing the leadership principle that has empowered her – and the people around her – to not only own the challenges they face, but to actually solve them.

On April 23, NYU Stern's Center for Sustainable Business hosted a panel entitled, "ESG and Impact Investing Across Asset Classes."

Excerpt from Herald Tribune -- "...a recent study authored by Professors Sandeep Dahiya of Georgetown University’s McDonough School of Business and David Yermack of New York University’s Stern School of Business analyzed the returns of 28,296 nonprofit endowments from 2009–2016. They found the median return for the eight-year period across 28,000-plus organizations to be 3.75%, while a 60% domestic equity/40% Treasury bond construction delivered 9.28%."

Excerpt from Nightly Business Report -- "One, we are certainly seeing a lot more discussion about new proposals and different ideas that would cut back on some of these things. But I think there's a lot of talk about and research looking at these issues. At the same time, there’s a lot of concern that innovation is not happening in the U.S. and in corporate America in the way it has in the past, especially compared to countries like China. And when you put those two pieces together, recognizing that innovation is one of the key challenges that people look at as having being cut back by going public... I think this is a time we’re going to talk about this very seriously and look at this in a lot more detail."

Excerpt from Ad Age India -- "SHE launched in March 2016. McCann had the task of launching this fund. The brief called for a print ad, but McCann saw an opportunity to deliver a message instead of merely launching a fund. It became a larger calling to raise awareness about the lack of gender diversity in corporations, especially in the boardroom of financial institutions. The team at McCann in partnership with an amazing and willing client spent a year bringing this idea to life."

Excerpt from Bloomberg Quint -- "Put simply, I hope Dara Khoshrowshahi means it when he says that Uber has to show a pathway to profitability, but I think that is what is more critical is that he acts on those words. In my view, this remains a business, whether you define it to be ride sharing, transportation services or personal mobility, without a business model that can generate sustained profits, precisely because the existing model was designed to deliver exponential growth and little else, and Uber, and the other players in this game), have only a limited window to fix it."

Excerpt from Shark Tank -- (24:35) "Made from sustainably sourced organic cotton right here in the USA, Swoveralls possess the functionality of overalls while also providing extreme comfort. Adjustable straps allow you to find the perfect fit and a functional inside zippered front pocket allows you to safely store your valuables."

Excerpt from The Guardian -- "Obama’s wardrobe might have changed tack slightly, becoming edgier and more on-trend – but its power is not new. David Yermack, a professor of finance at NYU Stern School of Business, tracked her 189 outfit-strong wardrobe during the first year of her husband’s presidency and published the findings in Harvard Business Review."

Excerpt from The Wall Street Journal -- "A study of clients of Vanguard Group, the giant asset manager, is the latest look at how individual investors make decisions. It shows them, overall, to be patient and prudent. It also offers a hint as to how investors and their financial advisers can get a little smarter still."

Excerpt from Slate -- "I think everybody’s been in a position where if you just look at a set of data, it’s hard to get emotional about a set of numbers. However, if those numbers are included in a story with many more details—that’s much more descriptive, that explores what all of the plausible outcomes might be—then it’s a bit easier to develop strategy and to feel a sense of urgency."

Excerpt from Fast Company -- "'I think that the majority of design jobs and the genius in design right now is to bio-mechanically addict us,' he said, then gave a sobering account of his own addiction to social media, comparing it to his father’s cigarette habit: 'Twitter is my smoking.'"

Excerpt from EvoLLLution -- "For a major purchase involving what we call extensive problem solving, consumers will use a large number of sources of information including online Google-type search, online reviews, word-of-mouth from friends/family, actual product trial (if possible), websites, and marketing sources such as advertising."

Excerpt from Observer -- "'The movie theater industry needs to make it worthwhile for you to break the gravitational pull of your couch,' said Allen Adamson, an adjunct associate professor at New York University’s Stern School of Business and the author of Shift Ahead, which explores how brands stay relevant in today’s fast-changing world."

Excerpt from Reuters -- "Pinterest was showing a clear path to profitability but was overvalued, said Haran Segram, a professor of finance at New York University’s Stern School of Business."

Excerpt from Nature Sustainability -- "Very few illiberal policies are as short-sighted as the proposed abolishing of Legal Reserves. In a way, Brazil used to be a global leader on climate change, and it is now a threat. The environmental minister has stated that in the climate change fight, Brazil owes nothing. Such rhetoric is scientific denial at its best, potentially leading to devastating effects on biodiversity and world’s climate."

Excerpt from The Wall Street Journal -- "Rick Heitzmann, founder and managing director at FirstMark Capital, first met the company’s founding team when he served as a judge at a business plan competition at New York University’s Stern School of Business in 2009. Pinterest’s chief executive and co-founder, Ben Silbermann, and other executives pitched an early iteration of the business explaining that they could create the equivalent of an online bulletin board."

Excerpt from InsideSources-- "'We shouldn’t be surprised that tax revenues from corporate taxes go down after there is a tax cut,' he told InsideSources. 'I think [the GOP law] did open a few more loopholes, but I don’t think that’s what’s going on in this list. I think it’s primarily companies taking advantage of existing loopholes and some of which I would argue are not even loopholes.'"

Excerpt from The New York Times -- ​"Whatever permutation the diminutive takes, Dr. Alter said, names matter. 'Assigning someone a name that means small will subtly or heavy-handedly convey that the person, at least metaphorically and in certain respects, is small,' he said."

Excerpt from City Journal -- "From a moderate Republican mayor in Southern California to a conservative Republican state senator in Utah, some in the GOP are taking up the YIMBY charge. It’s a start, suggesting that Republicans have at least begun to engage seriously on issues facing urban and suburban communities. These and similar efforts could end up building more than just houses—they might also lay the groundwork for an urban Republican resurgence."

Excerpt from IndieWire -- "Regardless of Shyamalan’s current struggles with critics, he remains a singular voice in American cinema — and, as an NYU film school graduate, an inspiration to many students there. That was evident during the Q&A session following his lecture, when he dispensed advice to several film production students who cited him as among their favorite directors."

Excerpt from Poets & Quants -- "Graduation Date: May 24, 2019, Graduation Speaker: Janet Foutty, Chair and CEO of Deloitte Consulting"

Excerpt from Exame -- (translated from Portuguese using Google Translate) "'On the one hand, governments should not inhibit platforms that empower people. On the other hand, platforms like Uber and Lyft do not allow their drivers to set prices or make marketing decisions. It is in that area that governments should act to prevent an increase in inequality,' says Sundararajan."

Excerpt from Quartz -- "'If any action is taken it would be a major blow to TikTok’s growth because of the 188 million new users that it gained last quarter, the largest growth came from India, which had 88.6 million new users,' said Anindya Ghose, the Heinz Riehl professor of business at New York University’s Stern School."

Excerpt from Bloomberg -- "'The idea is to make sponsors/underwriters more conservative in promoting IPOs that seem hot, with "skin in the game,"'" he said by email. 'Chinese sponsors may be willing to take on this risk for various local reasons. Foreign banks, maybe not.'"

Excerpt from The New York Times -- "The Century Plaza Hotel in Los Angeles, the Resorts World Las Vegas and the Wharf in Washington are among the many projects that have raked in hundreds of millions in cash-for-visas financing. ... According to New York University’s Stern Center for Real Estate Finance Research, no proposal for a fix in Congress has reached a vote in committee."