Experience Stern | News & Events

Excerpt from BNN Bloomberg -- "These tariffs are not only bad policy, but also bad economics."

On March 5-6, NYU Stern’s Center for Sustainable Business hosted its first annual Practice Forum entitled, “Working Together to Build the Financial Case for Sustainability”.

The NYU Stern Center for Global Economy and Business will host the Global Investing in China panel discussion on March 5, 2018. 

Excerpt from NBC News -- "'I could see some consumers getting upset because they want autonomy and freedom to do what they want, but I find that most people leave those experiences and feel very grateful to the person who asked them to put the phone away,' says Barasch. 'It takes away the choice. People always appreciate not having to choose.'"

Excerpt from The New York Times -- "Tulin Erdem, chairwoman of the marketing department at New York University’s Stern School of Business, said the 'Back to the Bar' initiative created a 'nice experience for customers to see Bacardi employees, for community building, and for employees to see how customers relate to the brand.'"

Excerpt from The New York Times -- "'Netflix is No. 1, spending 8 billion on original scripted television content and Amazon is No. 2, with 5 billion,' said Scott Galloway, the author of 'The Four: The Hidden DNA of Amazon, Apple, Facebook and Google.' 'Hastings and Bezos are the new studio chiefs, the new kings. Amazon could create the next "Game of Thrones" and monetize it by selling paper towels.'"

Excerpt from Pacific Standard -- "After viewing each ad, participants rated it for believability and bias, and assessed the sponsoring candidate in terms of honesty, sincerity, and qualifications for the job. For the second study, the 338 participants read and evaluated fictional campaign ads that did or did not conclude with the tagline. The results: 'Not only did the "stand by your ad" tagline enhance the perceived believability of policy attack ads,' the researchers write, 'it also produced more positive evaluations for the ads' sponsoring candidates.'"

Excerpt from The New York Times -- "'When companies go on acquisition sprees like this, they can suffer from what some call indigestion,' said Robert Salomon, an associate professor at the Stern School of Business at New York University. 'Deals are incredibly complex,” he added. “The real work is what happens after you buy something.'"

On March 2, the NYU Stern Private Equity Club (SPEC) will host its 13th annual Stern VC & PE Conference. 

Excerpt from C-SPAN -- "In 2010, when Steve Jobs was looking very thin, students started asking me, 'What's going to happen?' How much of that magic is in the man himself, or how much of it is actually just a myth and it's really at Apple? Is that innovation capacity embedded in the organization structure, in the routines of Apple, or was it really him? Will we lose it? Is there a successor, can it be handed down? And fundamentally what people wanted to know was, 'Can I do it? How can I have that innovative capacity?'"

Excerpt from Delta Sky Magazine -- "Like NYU Stern's traditional full-time MBA, the Andre Koo Tech MBA targets students with several years experience, but it has a more specialized focus: 'We are looking for people with a very, very deep interest in technology and a background in technology,' [Sundaram] says. 'It is aimed at people who are very clear that this is the career path they want to follow.'"

Excerpt from Stamford Advocate -- "'RBS is generally pulling back, and I don’t think there’s a lot the governor or state Legislature can do to avoid the pulling back,' said Lawrence J. White, a professor of finance at New York University. 'Trying to give them subsidies to stay is a losing bid. You can’t turn back the clock.'"

Excerpt from Mic -- "Now, there are few investments that grow as much or as quickly as stocks: $100 invested in Treasury bonds in 1928 would be worth about $7,000 today, according to calculations from New York University finance professor Aswath Damodaran. That same money invested in the stock would be worth nearly $400,000."

Excerpt from The Sun -- "Discovered in 1999, the effect was identified when a Mr McArthur Wheeler robbed two banks in Pittsburgh, USA, in broad daylight without a balaclava masking his face. Later that day, clear footage of Wheeler was all over the local news. He had smeared lemon juice on his face, thinking it would make him invisible to security cameras. Wheeler knew that lemon juice was used as invisible ink in letter writing but was stupid enough to believe it would hide his identity. This case came to the attention of David Dunning, a Cornell University psychology professor and his student Justin Kruger. And eventually it became the first recorded example of the Dunning-Kruger Effect."

Excerpt from Livemint -- "The recent restrictions placed by Indian exchanges are against our own long-term interests: providing fair, competitive markets for our own investors. Investors will gravitate towards venues that provide best execution, greatest liquidity through the lowest transaction costs, minimal frictions in terms of regulatory costs."

Excerpt from The Economist -- "The emergence of AVs helpfully coincides with a change in the structure of cities, says Shlomo Angel, an urban-studies expert at New York University. He argues that the monocentric model, with a centre surrounded by suburbs, is a thing of the past. In many large American and European cities, jobs are moving from downtown to the periphery, and workers increasingly commute from one suburb to another, rather than to and from the centre. His analysis shows that 75% of jobs in a typical American city are outside the urban centre."

Excerpt from Harvard Business Review -- "Research by management professors Andrew Hargadon of UC Davis and Beth Bechky of NYU shows that those volunteering ideas in such companies do not mindlessly spit back answers to the questions posed; they respectfully build on the comments and actions of others, considering 'not only the original question but also whether there is a better question to be asked.' As they do this over and over, new solutions emerge."

On March 1, The NYU Stern Office of Alumni Relations hosted an installment of the “Author Lecture Series” featuring Professor Melissa Schilling and Bloomberg View’s Justin Fox. The duo discussed findings from Schilling’s new book, “Quirky: The Remarkable Story of the Traits, Foibles, and Genius of Breakthrough Innovators who Changed the World”. 

This program is intended for participants who want to create a culture that values and encourages new ideas. Participants will learn to rethink the habits that have made them successful in the past, and challenge the conventional wisdom and industry models that have defined their business.

Excerpt from CBC News -- "'It's corporate identity and corporate image,' he said. 'When Dick's Sporting Goods does this, it's very much linked to what their business is about … and a customer base that's more closely aligned with NRA interests.' Whether this represents an inflection point is hard to tell, though Schenkler said the company 'has opened the door' for gun retailers to reconsider their policies."

Excerpt from BBC Capital -- "'This is a generation that has actively had entrepreneurial opportunities growing up – in many ways, if you’ve grown up managing your personal brand on Instagram, you’re much better wired to think of yourself as an individual brand instead of a cog in an organisational machine,' says Arun Sundararajan, a business professor at New York University."

Excerpt from Law360 -- "Their statements seem to contradict two reports released this fall by a Georgetown University Law Center professor and by the New York University Pollack Center for Law & Business and Cornerstone Research that found that enforcement actions dropped in the most recent fiscal year and fell particularly sharply once the SEC went under the Trump administration’s control in late January of 2017..."

Excerpt from The Wall Street Journal -- "That shift has stoked subtle stereotypes about older workers’ performance and willingness to learn, which can have tangible effects on their careers, said Michael North, assistant professor of management and organizations at New York University’s Stern School of Business."

Excerpt from Hitachi Research Institute -- "So, companies should set public targets, incentives to employees tied to targets, reporting and assessment on those targets and training for employees in sustainability. They can also bring in partners, such as NGOs, other corporations, corporate associations, and government agencies that are working on the issues that are important to them so that their employees can get exposure to different ideas and assistance with implementation."

On February 28, the NYU Stern Center for Global Economy and Business will host a fireside chat with Ben Golub, Chief Risk Officer, BlackRock.