InsideCounsel
Through the Mud: Going into litigation with a tarnished
image is tricky, but it’s possible to prevail.
August 2008
From the article: Once the jury is in place, “The
number one thing you have to understand is how this particular
issue is going to be perceived,” says Daniel
Diermeier, a professor at Northwestern University’s
Kellogg School of Management. Diermeier lectures on crisis
management. “If it is a very technical issue, it
will be very difficult, sometimes impossible, to convince
the general public. It’s not that they don’t
believe you—though that may be true as well. The
main problem is that they don’t understand.” |
SportingNews.com
Class aims to help NBA players avoid financial pitfalls
July 30, 2008
An indepth profile of the High Growth Entrepreneurship
Program, designed for the NBA and taught through the Executive
Education program at the Kellogg School. The article includes
insights from current students as well as IBM Professor
of Regulation and Competitive Practice Daniel
Diermeier and Gordon and Llura Gund Family Professor
of Entrepreneurship Steven
Rogers. |
Wall
Street Journal
Stimulus Program Is Working To Lift Spending, Study
Says
July 30, 2008
The article focuses on a new study co-authored by Professor
of Finance Jonathan
Parker. "The typical family increased its spending
on food, drug products and other daily merchandise by
3.5% when the rebates arrived relative to a family that
hadn't received its rebate yet, the study found." |
Reuters
Stimulus effective in lifting spending: study
July 30, 2008
The article focuses on a new study co-authored by Professor
of Finance Jonathan
Parker. |
Sports
Illustrated
NBA meets MBA: Players prep for post-playing
careers in seminar
July 30, 2008
From the article: Toward that end, the [High Growth
Entrepreneurship Program] HGEP goes well beyond the basics
that might be offered in, say, a rookie orientation session.
Modeled after a similar program run the past four years
by the NFL, it is not about balancing checkbooks. It is
a serious review of the fundamentals of business. "We
don't dumb down anything," said Northwestern professor
Steve
Rogers, who developed the program for the NFL and
now oversees the NBA version as well. "There is a
template for pro athletes that might vary a bit from one
you would use for corporate America, but it's basically
the same. These are smart young men, same as other students,
and they learn the material the same way." |
Wall
Street Journal (Real Time Economics Blog)
The 2008 Economic Stimulus: First Take on Consumer
Response
July 30, 2008
From the article: Some studies on the 2001 economic
stimulus package took more than three years to be released.
The first one measuring effects of the 2008 package is
out within three months. In a new study, business school
professors Christian Broda of the University of Chicago
and Jonathan
Parker of Northwestern University conclude the stimulus
payments “are providing a substantial stimulus to
the national economy, helping to ameliorate the ongoing
2008 downturn.” U.S. households are “doing
a significant amount of extra spending” because
of the $90 billion in government payments that have gone
out so far, they say. |
CNNMoney.com
The consumer is often wrong: Readings on sentiment
aren't the best way to measure the economy. In fact, low
confidence might actually be a sign things will soon get
better.
July 29, 2008
From the article: "The fact that retail sales
have remained quite strong even though confidence is historically
bad is interesting. You would think sales would be way
down," said Jonathan
Parker, professor of finance at Northwestern University's
Kellogg School of Management. |
Washington
Post
Fannie, Freddie On a Tightrope
July 29, 2008
From the article: Yesterday, Fannie Mae shares
fell 10.7 percent and Freddie Mac dropped 6.7 percent.
"We are in a period of very high volatility for them,"
said Deborah
Lucas, a finance professor at Northwestern University.
"It's off the charts." ... But some financial
analysts attributed the fall in the stock prices to the
finances of Fannie Mae and Freddie Mac. "What surprised
me at the time was that it hadn't collapsed earlier,"
Lucas said. |
Financial
Times (London)
MBAs lift non-profit sector
July 28, 2008
From the article: “We are definitely seeing
more [non-profit employees] in the part-time MBA programme,”
says Liz
Livingston Howard, associate director of the Centre
for Non-profit Management at the Kellogg School of Management,
at Northwestern University in the US. “There’s
been a statistically significant increase in the past
10 years.” |
The
Mint (Dow Jones publication in India)
The
strategic utility of CSR
July 28, 2008
The article is based on the research of IBM Professor
of Regulation and Competitive Practice Daniel
Diermeier. |
The
Marker (Israel)
Dear customer, you’re fired
July 28, 2008
Assistant Professor of Managerial Economics and Decision
Sciences Gad
Allon comments on the move Sprint made last year when
they "fired" more than a thousand of their “high-maintenance”
customers and whether this would be possible in the Israeli
service market. |
San
Francisco Chronicle
Olympics sponsors go for the brass ring; Uncertainty
over whether sports will trump politics
July 27, 2008
From the article: "These games have such a
different level of tension that I think sponsors have
to be very nervous, because you can't predict what will
happen," said Tim
Calkins, a professor of marketing at Northwestern
University. |
Washington
Post
Housing Bill Won't 'Perform Miracles'
July 27, 2008
From the article: Still, analysts said lawmakers
had little choice but to act. "Everything is so unstable
and people are so panicky that I see a lot of this as
an effort to calm people down," said Deborah
Lucas, a finance professor at Northwestern University's
Kellogg School of Management. "The whole bill is
an attempt to change the equilibrium." |
Washington
Post
Banks' Health Questioned as Wachovia Posts $8.9 Billion
Loss
July 23, 2008
From the article: "There's certainly a lot
of bad news here," said Russell
Walker, a risk management professor at Northwestern
University's Kellogg School of Management. "But the
investment community appears to be saying that new management
has come in, cleared the books and in the context of bad
news . . . is taking what appears to be very rational
steps." |
St.
Petersburg Times (Florida)
Banks' dismal results
July 23, 2008
From the article: "I think there is still
a structural issue with U.S. banks," said Russell
Walker of the Kellogg School of Management at Northwestern
University. Banks are slashing their dividends, selling
assets and issuing new securities to shore up their damaged
capital. Many also have jacked up CD rates to attract
deposits. |
Chicago
Tribune
What happens when Fannie flags? A primer on 2 mortgage
giants as government offers lifeline
July 22, 2008
From the article: "When house prices fall
very dramatically ... Fannie and Freddie have very little
capital to protect themselves from those losses,"
said Deborah
Lucas, a professor of finance at Northwestern University's
Kellogg School of Management. |
Chicago
Tribune
After huge loss at Wachovia, market questions recovery
from year-old credit crisis
July 22, 2008
From the article: "Wachovia's news isn't isolated.
I think there is still a structural issue with U.S. banks,"
said Russell
Walker, a risk management professor at the Kellogg
School of Management at Northwestern University. "Many
of the banks, including Wachovia, are still facing challenges." |
San
Jose Mercury News
Investors question financial sector rebound
July 22, 2008
From the article: "Wachovia's news isn't isolated.
I think there is still a structural issue with U.S. banks,"
said Russell
Walker, a risk management professor at the Kellogg
School of Management at Northwestern University. "Many
of the banks, including Wachovia, are still facing challenges." |
New
York Times
Mirrors Don’t Lie. Mislead? Oh, Yes.
July 22, 2008
From the article: Reporting in the Journal of
Personality and Social Psychology, C. Neil Macrae,
Galen
V. Bodenhausen and Alan B. Milne found that people
in a room with a mirror were comparatively less likely
to judge others based on social stereotypes about, for
example, sex, race or religion. “When people are
made to be self-aware, they are likelier to stop and think
about what they are doing,” Dr. Bodenhausen said.
“A byproduct of that awareness may be a shift away
from acting on autopilot toward more desirable ways of
behaving.” |
Associated
Press
Fannie and Freddie: Getting to know powerful pair
July 22, 2008
From the article: "When house prices fall
very dramatically ... Fannie and Freddie have very little
capital to protect themselves from those losses,"
said Deborah
Lucas, a professor of finance at Northwestern University's
Kellogg School of Management. |
"848"
(WBEZ Chicago Public Radio)
Green Fashion Meets Trashion
July 22, 2008
Steven
Fischer, Associate Director of the MMM Program, says,
"Consumers going into the store every week, buy something
new, wear it three or four times and then dispose of it.
Ostensibly, fashion has always been about showing one’s
wealth and showing one’s ability to waste and conspicuous
consumption...There is incredible demand for an opportunity
to express one’s individuality and that’s
through buying from a local boutique that sources from
local designers, one can do that." |
WZTV-TV
(Nashville)
July 22, 2008
Aaron
Gellman, professor of management and strategy, comments
on airline contracts. |
WHYY-FM
(Philadelphia)
July 21, 2008
Walter
Scott, professor of management and Senior Austin Fellow,
comments on being an activist investor. |
“All
Things Considered” (NPR)
Shareholder Icahn Has History of Activism
July 21, 2008
Professor of Management and Senior Austin Fellow Walter
Scott comments on being an activist investor, using
the example of Carl Icahn trying to take over the board
of directors to make Yahoo sell to Microsoft. |
Chicago
Tribune
Closing the gaps between the ages
July 21, 2008
From the article: With understanding, employers
also can better mediate disagreements and boost productivity,
said Karen Cates, adjunct associate professor
of management at Northwestern University's Kellogg School
of Management. "It's a shame that so many of these
disagreements resolve into firings," she said. |
Associated
Press
Big fight, little fallout after Icahn battles
July 21, 2008
From the article: "Icahn's strategy is get
in, make money and get out," said Thomas
Lys, a professor at Northwestern University's Kellogg
School of Management who teaches about mergers and acquisitions. |
Irish
Times
Best account yet of the revolution in media and marketing
July 21, 2008
A book review of Kellogg on Advertising and Media,
which is edited by Charles H. Kellstadt Professor of Marketing
Bobby
Calder and S.C. Johnson & Son Professor of International
Marketing Philip
Kotler. |
St.
Louis Post Dispatch
How
feeling powerless triggers status spending
July 19, 2008
A summary
of the new study "Desire to Acquire: Powerlessness
and Compensatory Consumption." The study was co-authored
by Assistant Professor of Marketing Derek
Rucker and Morris and Alice Kaplan Professor of Ethics
and Decision in Management Adam
Galinsky and appears in the Journal of Consumer
Research (August 2008). |
Crain's
Chicago Business
McDonald's double-shot challenge
July 19, 2008
From the article: "They are dreaming if they
are trying to make McDonald's a destination for gourmet
coffee drinkers," says Stephen
Burnett, who specializes in management and marketing
strategy and is associate dean of executive education
at Northwestern University's Kellogg School of Management.
"The brand is not consistent with gourmet coffee,
and it seems counterintuitive. I would certainly have
a lot of questions about the idea and would want to see
data that a lot of regular McDonald's customers' gourmet
coffee needs aren't being met." |
KOKH-TV
(Oklahoma City)
July 19, 2008
Aaron
Gellman, professor of management and strategy, discusses
airline contracts of carriage. |
CNN
Headline News
Solar Powered Cars
July 19, 2008
Clinical Professor of Marketing Walter
Herbst, director of the master of product development
program, comments on the future of solar cars. |
Wall
Street Journal
Rescue Plan Is Latest In a Series of Risks Taken On
by Taxpayers
July 18, 2008
From the article: "The potential for things
to go wrong is big and so the potential to step in and
take a lot of the cost is really high," said Deborah
Lucas, a finance professor at Northwestern University's
Kellogg School of Management and former chief economist
for the Congressional Budget Office. |
The
Globe and Mail (Canada)
The might of being white; No matter what their own
colour, Americans still see archetypal and most effective
leader as white: study
July 18, 2008
The article highlights the new study "The White Standard:
Racial Bias in Leader Categorization" which was co-authored
by Associate Professor of Management and Organizations
Katherine
Phillips. |
KIII-TV
(Corpus Christi)
KIAH-TV (Houston)
WRBL-TV (Columbus, Ga.)
July 18, 2008
Clinical Professor of Marketing Walter
Herbst, director of the master in product development
program, comments on the future of solar cars and video
of the Northwestern solar car. |
BusinessWeek
Recession-Proof Jobs
July 17, 2008
From the article: Shane
Greenstein, a professor at Northwestern University's
Kellogg School of Management, concurs that technology
jobs have been immune to this slowdown... Growing, cash-rich
tech companies may fare particularly well, Greenstein
says. "An established company in a growth area that
has its act together is in a good position now,"
Greenstein says, singling out Google (GOOG), Microsoft
(MSFT), Apple (AAPL), Oracle (ORCL), IBM (IBM), and Intel
(INTC) as examples of tech companies that are unlikely
to take a big hit. |
The
Globe and Mail (Canada)
Facts & Arguments: Social Studies
July 17, 2008
A summary of the new study "Desire to Acquire: Powerlessness
and Compensatory Consumption." The study was co-authored
by Assistant Professor of Marketing Derek
Rucker and Morris and Alice Kaplan Professor of Ethics
and Decision in Management Adam
Galinsky and appears in the Journal of Consumer
Research (August 2008). |
Thomson
Reuters
Governance News: Shareholders Look for Champion in
Proxy Fight
July 16, 2008
From the article: “This is an old classic
fight with the incumbent management against a hostile
takeover,” said Thomas
Lys, an Accounting Professor at the Kellogg School
of Management at Northwestern University. “If I
were (Icahn’s) advisor, I would tell him to do whatever
it takes to have Microsoft buy the whole thing and get
it over with. Mr. Icahn is not known for running firms;
he’s known for investing and cashing them out so
he can move on to the next big thing.” |
XETV-TV
(San Diego)
KTBC-TV (Austin)
KVCT-TV (Victoria)
July 16, 2008
Aaron
Gellman, professor of management and strategy, comments
on airline problems. |
Wall
Street Journal
Insurers, Hospitals, M.D.s and Pharma, but Patients?
July 16, 2008
Professor and Director of Health Industry Management Joel
Shalowitz responds to the Wall Street Journal
article "Cancer Tab: Pricey Drugs Put Squeeze on
Doctors." |
La
Opinion
Descartan debacle bancaria
July 16, 2008
Deborah
Lucas, the Donald C. Clark / Household International
Professor in Consumer Finance Fund, comments on the Fannie
and Freddie bailout in the largest Spanish-language publication
in the U.S. |
WFTX-TV
(FOX-Fort Myers, Fla.)
WPMT-TV (FOX-Harrisburg, PA)
WREG-TV (CBS-Memphis)
WUSA-TV (CBS-Washington, D.C.)
WGGB-TV (ABC-Springfield, Mass.)
KGET-TV (NBC-Bakersfield, Calif.)
WCFN-TV (Champaign, Ill.)
WJXT-TV (Jacksonville)
July 15, 2008
Clinical Professor of Marketing Walter
Herbst, director of the master of product development
program, comments on the future of solar cars with video
of the student solar car. |
BusinessWeek
Yoga Makes Headway in Business Schools
July 15, 2008
From the article: At Northwestern University's
Kellogg School of Management, rising second-year MBA
student Priti Mody is the president of the Yoga at
Kellogg, which has more than 200 subscribers on its listserv.
Mody, who spent two weeks studying yoga in India while
doing nonprofit research before starting B-school, plans
to draw upon her experience to lead the club, now in its
third year on campus. ... Mody says yoga provides her
an outlet to unwind from the challenges of B-school. "Business
school is a unique experience. There are so many things
you juggle at the same time. You're surrounded by highly
motivated people and want to do everything, [so] you learn
to find balance in schedule to be happy," she says.
"Yoga is something consistent that lets me calm down." |
E-Commerce
News
Yahoo, Icahn Fire Broadsides as Shareholders' Meeting
Draws Near
July 14, 2008
From the article: "When you get to negotiations,
these are all people with gigantic egos," Thomas
Lys, chair of accounting at Northwestern University's
Kellogg School of Management, told the E-Commerce Times.
"Some of these tactics are to scare people. For the
sort of money that we're talking about here, politeness
is not valued very highly." |
The
Situation Room (CNN)
Driving on sunshine
July 14, 2008
Clinical Professor of Marketing Walter
Herbst, director of the master of product development
program, comments on the future of solar cars and video
of the Northwestern solar car. Watch
the video |
The
Mint (Dow Jones publication in India)
Asian century: new challenges
July 14, 2008
The article is based on the research of A. Montgomery
Ward Professor of Marketing Lakshman
Krishnamurthi. |
Pittsburgh
Tribune Review
As other airlines falter, Southwest plans expansion
July 13, 2008
From the article: "The risk for Southwest,"
said Aaron
Gellman, a professor at Northwestern University's
Transportation Center, "is the same as it has always
been for any airline that started small: overreaching." |
Boston
Globe
Surprising insights from the social sciences
July 13, 2008
A summary of the new study "Desire to Acquire: Powerlessness
and Compensatory Consumption." The study was co-authored
by Assistant Professor of Marketing Derek
Rucker and Morris and Alice Kaplan Professor of Ethics
and Decision in Management Adam
Galinsky and appears in the Journal of Consumer
Research (August 2008). |
WFLD-TV
July 10, 2008
Aaron
Gellman, professor of management and strategy, comments
on the airline passenger bill of rights. |
Chicago
Tribune
Another day, another deal
July 8, 2008
From the article: Alberto
Salvo, a professor at Northwestern University's Kellogg
School of Management, said the weak dollar is contributing
to a broader consolidation that is part of globalization.
"Decisions are being triggered by longer-term thinking,"
Salvo said. "People aren't saying, 'The market is
hot, so let's go acquire.'" The winning strategy,
Salvo said, is for companies to make strategic purchases,
using the weak dollar as a bonus, rather than as the main
impetus for a deal. |
Fortune
My latest product launch was a failure. How do I move
on?
July 7, 2008
Thomas Kuczmarski, co-academic director with Dean
Dipak
Jain of the Executive Education program "Creating
a Culture of Innovation" says, "Failure
is necessary for innovation. The risk-averse tend to stick
with enhancements to existing products because they have
much lower failure rates. But the only way to come up
with a breakthrough product is to take bigger risks." |
San
Francisco Chronicle
Rebates probably not enough to spur economy
July 7, 2008
From the article: In 2001, when the government
offered a somewhat different rebate program to fight recession,
roughly two-thirds of the payments were spent within six
months, according to a widely cited National Bureau of
Economic Research study. The 2008 rebates differ from
the earlier program in that a larger proportion of benefits
are going to lower-income households. In addition, the
payments are larger on average. "My guess, though,
is that it would have a similar effect overall,"
said Northwestern University economist Jonathan
Parker, one of the authors of the 2001 rebate study. |
Chicago
Tribune
Southwest's leader in catbird seat
July 6, 2008
From the article: "The risk for Southwest
is the same as it has always been for any airline that
started small: overreaching," said Aaron
Gellman, a professor at Northwestern University's
Transportation Center. |
Daily
Herald (Chicago)
New investment funds target foreclosures
July 5, 2008
From the article: Lenders and developers are not
generally the best equipped to manage properties, so it
might make sense for them to sell assets to a firm that
specializes in managing the properties over a longer period,
said Robert
Korajczyk, a finance professor at Northwestern University.
"In essence, these firms are providing liquidity
to lenders and developers," said Korajczyk. "The
lenders can now use that capital to make further loans
rather than having nonperforming properties on their balance
sheets." |
Chicago
Tribune
Gas prices put car culture on the skids
July 4, 2008
From the article: America's love affair with
anything on four wheels could heat up again if the fuel-market
bubble bursts, said Aaron
Gellman, a professor at Northwestern University's
Transportation Center. Dumping a gas-guzzler in the
heat of the moment may lead to regrets, he noted: "You
may see seller's remorse. We're more dedicated to automobiles
than other societies." |
Slate
magazine
The
Sex Difference Evangelists
July 4, 2008
The
article highlights research on the gender gap in math
co-authored by Associate Professor of Finance Paola
Sapienza. The new study appears in the current issue
of the journal Science. |
BusinessWeek
Ten Leadership Lessons for MBAs
July 3, 2008
The article quotes that Jeffrey Immelt, Chairman and CEO,
General Electric, who delivered the 2008 Convocation address.
"Immelt urged the nearly 1,000 graduates of the school's
full- and part-time MBA programs to continue the process
of learning throughout their careers—both from successes
and failures. 'One thing I wish you more than anything
else is failure. I don't mean that in a bad way, but I
can't tell you how much I've learned from failure. It's
how you generate confidence.'" |
Chicago
Tribune
Olympic sponsors put on a happy face, but risks remain
July 3, 2008
From the article: "Very rarely do you have
such controversy about a host country," said marketing
professor Tim
Calkins, of Northwestern University's Kellogg School
of Management. "If you are one of the big sponsors,
you've got to be very nervous now and hoping desperately
that things go smoothly." |
First
Business Morning News
July 2, 2008
Steven
Fischer, associate director of the MMM Program, comments
on the role of product design. |
Southtown
Star (Chicago)
Woman's small business thrives despite hard times
July 2, 2008
From the article: [Business owner Nicole Jones]
seized an opportunity to sharpen her business management
skills when she learned of the Chicago Urban League's
program for small businesses. The Urban League, in conjunction
with the Northwestern University Kellogg School of Management,
offers seminars on various aspects of operations for Chicago-area
businesses. |
ABC
News
Feel Powerless? Buy Something; Research Shows Lost
Power Leads to Conspicuous Consumption
July 2, 2008
An interview with Assistant Professor of Marketing Derek
Rucker on new research he co-authored with Morris
and Alice Kaplan Professor of Ethics and Decision in Management
Adam
Galinsky. The study "Desire to Acquire: Powerlessness
and Compensatory Consumption" appears in the Journal
of Consumer Research. |
Chicago
Tribune
Flight cuts to squeeze travelers
July 2, 2008
From the article: Those maneuvers also will cost
about 200 communities their airline service this year,
according to the Air Transport Association, a trade group
for the largest U.S. carriers. "Every cut means less
mobility in this country," said Aaron
Gellman, professor with Northwestern University's
Transportation Center. |
Wall
Street Journal
Back
to School -- For Career Advice
July 1, 2008
The Kellogg School's Career Management Center is
highlighted for its team of alumni career coaches. "And
business schools in particular are stepping up aid for
their graduates. Matthew Temple, Kellogg's director
of alumni career services, says he and fellow coaches
handled 2,160 appointments with M.B.A. graduates during
the eight months ended on April 30 -- 45% more than the
year-earlier period." |
Tribune
de Geneve (Switzerland)
Entrer dans la tête de nos adversaries
July 1, 2008
The article notes research on negotiations by Morris and
Alice Kaplan Professor of Ethics and Decision in Management
Adam
Galinsky. |
Indo
Asian News Service
Indian MBAs can benefit from learning Chinese: management
guru
July 1, 2008
An interview with J.L. Kellogg Professor of Accounting
Information and Management Bala
Balachandran. |
The
Marker (Israel)
July 2008
The article highlights the work of Assistant Professor
of Management and Organizations Ithai
Stern. |
Society
for Human Resource Management
Diversity Leadership in Academia: Same Message, Different
Approach
July 2008
From the article: As director of diversity and
inclusion for the Kellogg School of Management at Northwestern
University, Angela Edwards-Campbell oversees diversity
initiatives and works closely with the senior administration.
She says diversity funding, structure and stakeholders
are different in an academic environment, but she adds
that the basic premise of diversity management remains
the same. ... But Edwards-Campbell says her MBA is the
right credential for an environment like Kellogg: “It
gives me a connection and frame of reference for students.” |
Inc.
magazine
How To: Assemble A Board of Advisers
July 2008
From the article: For family businesses, boards
are invaluable, particularly when it comes to the delicate
matter of succession. "A board has the willingness
to bring the subject up, in a supportive and patient way,"
says John
L. Ward, a professor at Northwestern University's
Kellogg School of Management and author of Creating Effective
Boards for Private Enterprises. "Then once it's on
the table, it creates a forum of safety for the conversation." |
SmartMoney
Russia
June
30, 2008
The
article is based on the research of Morris and Alice Kaplan
Professor of Ethics and Decision in Management Adam
Galinsky. |
The
Mint (Dow Jones publication in India)
Think
from the head, not heart
June 30, 2008
The article is based on the research of Morris and Alice
Kaplan Professor of Ethics and Decision in Management
Adam
Galinsky. |
Asian
News International
Feeling
powerless can make you shop till you drop
June 29, 2008
A
profile of a new study co-authored by Morris and Alice
Kaplan Professor of Ethics and Decision in Management
Adam
Galinsky and Assistant Professor of Marketing Derek
Rucker on why so many Americans who are deeply in
debt still spend beyond their means. The study "Desire
to Acquire: Powerlessness and Compensatory Consumption"
appears in the Journal of Consumer Research. |
Daily
Herald (Chicago)
For the ultimate optimist: 'Futures' market for playoff
tickets
June 27, 2008
From the article: And, if the going price for a
Cubs World Series option is any indication, Cubs fans
are suffering from a serious case of irrational exuberance.
An option for a first-day ticket behind the plate to a
Cubs World Series registered at $2,678 Friday. "That's
almost the price of a ticket! Guess folks are optimistic,"
Kellogg School of Management finance professor Robert
McDonald wrote in an e-mail. The derivatives expert
cautioned, though, that the site does not specify trading
volume, so it's difficult to tell how many fans really
are willing to pay these prices. The site's asking price
for an actual World Series ticket -- not an option --
was $4,085 Friday. |
Bloomberg
Buffett Charity Lunch Auction Bid Tops $1.7 Million
June 27, 2008
From the article: "Warren Buffett has tremendous
cachet," said Adam
Galinsky, the Kaplan professor of ethics and decision
in management at Northwestern University's Kellogg School
of Management. "If you get that opportunity to interact
with him, people are going to associate that status with
you." |
United
Press International
Why those in debt are willing to buy more
June 27, 2008
A profile of a new study co-authored by Morris and Alice
Kaplan Professor of Ethics and Decision in Management
Adam
Galinsky and Assistant Professor of Marketing Derek
Rucker on why so many Americans who are deeply in
debt still spend beyond their means. The study appears
in the Journal of Consumer Research. |
Dow
Jones Newswires
DJ Survey Predicts US Default Rate Could Top 10% In
2009
June 26, 2008
From the article: James
Shein, who chairs the Turnaround Management Association's
Trend Watch Committee, described the "liquidity wave"
of recent years coupled with the current credit crisis
as the perfect storm for skyrocketing default rates. With
money "almost being shoveled at companies, many of
them didn't even have to fix their operations," said
Shein, a professor at Northwestern University's Kellogg
School of Management. |
The
Times of India
Shopping to convey high status?
June 26, 2008
From the article: The study, which may help explain
why so many Americans who are deeply in debt still spend
beyond their means, found that research subjects who were
asked to recall times when someone else had power over
them were willing to pay higher prices for status-symbol
items. “This increased willingness to pay for status-related
objects stems from the belief that obtaining such objects
will indeed restore a lost sense of power,” said
Derek D Rucker and Adam
D Galinsky from Kellogg School of Management at Northwestern
University. |
WLNK
(Charlotte, N.C.)
June
26, 2008
Mention of study by Morris and Alice Kaplan Professor
of Ethics and Decision in Management Adam
Galinsky and Assistant Professor of Marketing Derek
Rucker, that found people deeply in debt continue
to spend beyond their means. |
Bloomberg
CSX Says Vote `Too Close to Call'; TCI Claims 4 Seats
June 25, 2008
From the article: Thomas
Lys, a professor at Northwestern University's Kellogg
School of Management in Evanston, Illinois, said allowing
the balloting to run until 3 p.m. New York time may have
helped CSX rustle up last-minute support for its slate.
"The company has a shareholder list, and they know
who owns the stock, and they know who hasn't voted yet,''
Lys said in an interview. |
Windy
City Times (Chicago)
30 under 30 Honorees
June 25, 2008
Julien Jacquet, a current student in the Part
Time MBA Program, is honored by Chicago's oldest and
only citywide LGBT newspaper for volunteering as the co-chief
information officer of the Chicago Gay Games. |
Wall
Street Journal
In Order to Get Ahead, Get Out of Comfort Zone
June 24, 2008
From the article: Identify new skills. Drawing
upon what you have learned or furthering your education
to plan the next step in your career can help you make
a smooth transition -- and give you a goal to getting
out of a rut. Jason Hodges, who started to work toward
a part-time M.B.A. at Northwestern's Kellogg School of
Business while working in Hospira's public-affairs
department, agrees. Halfway through the program, Mr. Hodges
says he realized his new knowledge would help him in his
public-relations role at the pharmaceutical company and
also enable him to contribute to other departments. |
Chicago
Tribune
Mentors ease path to profits
June 23, 2008
From the article: "There are very few things
that provide greater satisfaction than helping someone
else," said Steven
Rogers, professor of entrepreneurship at Northwestern
University's Kellogg School of Management, who also helped
launch the Urban League's Entrepreneurial Center, a partnership
between the league and Kellogg. For many entrepreneurs,
finding the right mentor can have a ripple effect, as
the organization and surrounding community benefit, experts
said. "Entrepreneurship is the means by which people
can change their lives," Rogers said. |
WGN-TV
June 23, 2008
Aaron
Gellman, professor of management and strategy, discusses
United’s plan to eliminate pilot jobs. |
CNBC
Business of Innovation
June 23, 2008
Michael Ludwig Nemmers Professor of Strategy and Organizations
Ranjay
Gulati served as a panelist, discussing innovative
leaders in business. |
The
Mint (Dow Jones publication in India)
It
pays to curry favour
June 22, 2008
The article is based on the research of Assistant Professor
of Management and Organizations Ithai
Stern. |
BMJ
Underinsurance threatens physical and financial wellbeing
of US families
June 21, 2008
The article quotes Michael Millenson, who is the
Mervin Shalowitz, MD Visiting Scholar of Health Industry
Management. |
PC
World
Ozzie Is Key to Microsoft's Success Against Google
June 20, 2008
Elinor and H. Wendell Hobbs Professor of Management and
Strategy Shane
Greenstein is quoted, as well as excerpts from his
essay, “The Long Arc Behind Bill Gates’ Wealth.” |
CNBC
The
Big Idea with Donny Deutsch
June 19, 2008
Morris and Alice Kaplan Professor of Ethics and Decision
in Management Adam
Galinsky is the featured expert on "The Big Idea"
discussing power with panelists CEO of FUBU Daymond John,
Donald Trump Jr., Former NFL Head Coach Brian Bilick and
several other guests. Watch
a video demonstration on the Big Idea Web Extra: The "E"
Experiment. |
Reuters
Tiger Woods' absence may have impact off the links
June 18, 2008
From the article: Woods' timeout from the sport
also comes as his brand is at a peak, said Tim
Calkins, a marketing professor at Northwestern University's
Kellogg School of Management. "I think there's certainly
a loss for the sport, there's no question Tiger was the
big draw for most events," he said. "For Tiger,
it's less of an issue. Calkins said most sponsors will
likely still rely on Woods' image but may have to make
some shifts. "There are some marketers who certainly
are feeling a little disheartened now," Calkins said.
"Now you know a little bit of the excitement is gone
from the event." |
BusinessWeek
Choosing
Kellogg
June 17, 2008
A first-person account from Brandon Cornuke, who recently
accepted admission to the Kellogg School, on why he chose
Kellogg over other business schools. |
CNBC
Business of Innovation
June 16, 2008
Michael Ludwig Nemmers Professor of Strategy and Organizations
Ranjay
Gulati served as a panelist, discussing innovative
leaders in business. |
Die
Presse (Austria)
MBA in USA: „Lernen mit und von Kollegen“
June 15, 2008
An interview with current student Robert Fuchs '09 who
discusses why he chose an MBA program in the U.S. and
why Kellogg. Among the Kellogg School's advantages he
names a diverse and collaborative environment; exceptional
access to learn from industry leaders; top managers coming
to speak on campus; and a strong, responsive and well-connected
alumni network. |
Atlanta
Journal-Constitution
Biz (off)beat: Study: Those given jobs with most power
think better
June 15, 2008
From the article: People who are lower on the totem
pole at work have a harder time focusing on goals, even
if they're just as smart or even smarter than their bosses.
So says a new study, which concludes that a person's social
status may impair the thinking process, says Adam
Galinsky of the Kellogg School of Management at Northwestern
University. In their study, published in the journal Psychological
Science, Galinsky and co-author Pamela Smith of Radboud
University Nijmegen found that lacking power impaired
a person's ability to keep track of ever-changing information,
to spot irrelevant info, and to successfully plan ahead
to achieve goals. |
SoyEntrepreneur.com
Las "ideas verdes" son tendencia de la mercadotecnia
actual
June 13, 2008
S.C. Johnson & Son Professor of International Marketing
Philip
Kotler is mentioned in the Spanish-language version
of Entrepreneur.com. |
The
Chronicle of Philanthropy
Fresh Faces on Board
June 12, 2008
From the article: Anne
Cohn Donnelly, a senior lecturer at Northwestern University's
Kellogg School of Management, in Evanston, Ill., and director
of the school's board-fellows program, says the two courses
in board governance that Kellogg requires sharpen students'
contributions to their organizations. For instance, students
learn about trustees' basic responsibilities. "Most
board members today couldn't tell you that," she
says, "because most board members haven't had any
training." By attending board meetings in addition
to learning about them in class, Ms. Donnelly says, students
witness best and worst practices in board governance. |
Clear
Admit Blog
Women Show Stronger Math Skills in More Gender Equal
Societies, Kellogg Research Shows
June 11, 2008
From the article: According to new research findings
by Kellogg School of Management Professor Paola
Sapienza, social equality leads to better math skills
for women. Sapienza, working with colleagues from the
Instituto Universitario Europeo and the University of
Chicago, set out to investigate empirically whether a
global gender gap exists in math as part of an effort
to better understand the relative importance of biology
and culture on the development of basic mental strengths
well suited to math and science pursuits. |
Financial
Times (London)
Managing in hard times: a negotiating ploy
June 11, 2008
From the article: Adam
Galinsky, a professor at Northwestern University’s
Kellogg School of Management, says one of the keys to
successful negotiation when times are tough is the ability
to understand the perspective of the person on the other
side of the proposed deal and then use that knowledge
to find creative ways of resolving deadlock. “In
a downturn what you really need to do is figure out what
people’s core interests are and whether there are
ways in which you can provide for their core interests
and also get the best outcome for yourself,” he
says. |
America.gov
Equality
Raises Female Math Performance to That of Males
June 10, 2008
The
article highlights research on the gender gap in math
co-authored by Associate Professor of Finance Paola
Sapienza. The new study appears in the current issue
of the journal Science. |
New
York Times
Fewer Planes, but Not Fewer Delays
June 10, 2008
From the article: The [service] cuts will not be
permanent, some industry experts say. “The reduction
in service domestically is a short-term phenomenon,”
said Aaron
J. Gellman, a professor of management and strategy
at Northwestern University’s Transportation Center.
“This is partly based on the belief that fuel prices
will come down and economic growth will become quite vigorous
again,” he said. “There’s a market out
there to be served. I don’t think the airlines will
fail to do so.” |
MedIndia.com
Girls
in Gender Equal Societies can Outperform Boys
June 10, 2008
The
article highlights research on the gender gap in math
co-authored by Associate Professor of Finance Paola
Sapienza. The new study appears in the current issue
of the journal Science. |
CNBC
Business of Innovation
June 9, 2008
Michael Ludwig Nemmers Professor of Strategy and Organizations
Ranjay
Gulati served as a panelist, discussing innovative
leaders in business. |
AMNews.com
Organized medicine calls on court to block Nevada health
plan merger
June 9, 2008
From the article: "Patients ... may be worse
off" because quality of care would suffer, wrote
David
Dranove, PhD, director of the Center for Health Industry
Market Economics at Illinois' Northwestern University's
Kellogg School of Management, in testimony to the court.
In his affidavit, Dr. Dranove included results from a
survey he conducted of Clark County physicians. He said
the poll, funded by the AMA, showed many doctors would
have little choice but to leave the Las Vegas area or
trim their services if they no longer contracted with
the combined United-Sierra. |
Forbes
Big Brown's Logistics Business Flowing Black
June 6, 2008
From the article: "The UPS structure has a
slight advantage," said Sunil
Chopra, the IBM distinguished professor of operation
management at the Kellogg School at Northwestern University
in Illinois. By taking on what Chopra calls "commodity
repairs," such as the basic repairs on laptops, UPS
adds value for customers who don't have to wait very long
for their computers to come home and to the manufacturer,
which doesn't have to deal with the paperwork on the returns.
"It's a win-win situation," said Chopra. "And
we'll definitely see this happening more and more." |
WBBM-TV
June 6, 2008
Aaron
Gellman, professor of management and strategy, comments
on airline fares based on one’s weight. |
Economic
Times (India)
'Girls better at studies than boys in gender equal
societies'
June 6, 2008
From the article: "The so-called gender gap
in math skills seems to be at least partially correlated
to environmental factors," [Paola]
Sapienza said. "The gap doesn't exist in countries
in which men and women have access to similar resources
and opportunities," she said. As part of the research,
more than 2,76,000 children from 40 countries were given
a Programme for International Student Assessment (PISA)
test and their results were analysed. PISA is an internationally
standardised assessment of math, reading, science and
problem-solving ability. |
BusinessWeek
Emerson Electric's Innovation Metrics: Large companies,
where data-driven decision-making rules the roost, have
long sought ways to measure innovation. Emerson Electric
thinks it has the answer
June 5, 2008
From the article: Skeptics wonder whether Emerson
has any business aiming for products that are new to the
world. Plenty of digital music players, after all, preceded
the iPod; what made Apple's (AAPL) gadget great wasn't
its novelty but the way it tied together a user's experience.
Brian
Uzzi, a professor at the Kellogg School of Management
at Northwestern University who has studied innovation
metrics, also notes that truly novel products have a very
high failure rate. At companies like Emerson, with intense,
make-the-quarter focus, he says, "reaching for more
than you should could be detrimental." |
Science
News
Gender
equality closes math gap
June 5, 2008
The
article highlights research on the gender gap in math
co-authored by Associate Professor of Finance Paola
Sapienza. The new study appears in the current issue
of the journal Science. |
Chicago
Tribune
United in a survival mode
June 5, 2008
From the article: United's initiative will preserve
cash, which should help it weather the turbulent months
ahead. But it also risks being left at a disadvantage
should oil prices plunge, triggering a sudden industry
rebound, analysts said. "That's what they should
be thinking about," said Aaron
Gellman, a professor at Northwestern University's
Transportation Center. "When oil prices come back
down, and they will, and when the economy picks up steam
again, and it will, it will be more difficult for them." |
First
Business Morning News
Airlines
& Risk to Economy
June 5, 2008
As U.S. Airlines continue to cut the number of flights
in the air, it could put a dent in our overall economy,
according to transportation expert Aaron
Gellman, professor of management and strategy. |
WYOU-TV
(Wilkes Barre, Pa.)
June
5, 2008
Professor of Management and Strategy Aaron
Gellman comments on cutbacks in the airline industry. |
San
Antonio Express News
Jaime Castillo: Clinton likely has left Obama in a
political no-win situation
June 4, 2008
Morris and Alice Kaplan Professor of Ethics and Decision
in Management Adam
Galinsky comments on public perception of leadership
qualities in presidential candidates. |
Wall
Street Journal
Founders' Hubris Fuels Corporate Drama
June 4, 2008
From the article: A more philosophical view comes
from Adam
Galinsky, a professor at Northwestern University's
Kellogg School of Management who studies ethics and decision
making. Founders' challenges in letting go have been studied
for decades, he observes, without ever being solved in
a lasting way. "These are timeless issues,"
Prof. Galinsky says. "Many people have to learn the
lessons themselves. Their own experience counts for much
more than anything anyone else will tell them." Often
it's only on a second or third start-up that founders
are more mindful of how -- and when -- they pass the leadership
baton, he says. |
NetworkWorld.com
Five ways CIOs can impress their CEOs
June 4, 2008
Raj
Gupta, adjunct professor and executive director of
The CEO Perspective Program, participated in a panel session
at the CIO Leadership Conference sponsored by CIO magazine,
to help answer the question "What do CEOs want from
their CIOs, and how can CIOs build on the power gains
they've built up, even as everything around them is changing?" |
Radio
Free Europe
Science/Health:
Are Girls Smarter than Boys?
June 3,2008
An
interview with Associate Professor of Finance Paola
Sapienza about research which she co-authored on the
gender gap in math. The study appears in the May issue
of the journal Science. |
Forbes
What FedEx Can Teach The Airlines
June 3, 2008
Professor of Management and Strategy Aaron
Gellman says the airlines could marry the right equipment
to the right marketplace, identify a unique market and
innovate with new technology. |
CNBC
The
Business of Innovation
June 2, 2008
Michael Ludwig Nemmers Professor of Strategy and Organizations
Ranjay
Gulati served as a panelist, discussing innovative
leaders in business. |
BusinessWeek
Reading List for the Poolside MBA
June 2, 2008
Morris and Alice Kaplan Professor of Ethics and Decision
in Management Adam
Galinsky recommends Freakonomics (William Morrow,
2006) by Steven Levitt and Stephen Dubner, while Clinical
Professor of Marketing Tim
Calkins recommends Ten Deadly Marketing Sins
(Wiley, 2004) by S.C. Johnson & Son Professor of International
Marketing Philip
Kotler. |
Der
Spiegel (Germany)
"Mädchen sind fleißiger"
June 2, 2008
An interview with Associate Professor of Finance Paola
Sapienza on her new research on the gender gap in
math. The study appears in the May issue of the journal
Science. |
NZZ
am Sonntag (Switzerland)
Ach,
die doofe Mathe!
June 1, 2008
The
article highlights Associate Professor of Finance Paola
Sapienza's research on the gender gap in math. The
new study appears in the current issue of the journal
Science. |
Big
Ten Network
News@Northwestern
- Executive MBA Program
June 2008
A video interview with two students currently pursuing
MBA degrees through the Kellogg School's Executive
MBA Program. |
Epoca
Negocios (Brazil)
"Faça a coisa certa"
June 2008
A profile of Clinical Professor of Management and Strategy
Harry
Kraemer. |
BusinessWeek
Chicago
Urban League Gets its Oomph Back; Cheryle Jackson wants
it to promote black entrepreneurs
June 2008
The article mentions the Kellogg School’s partnership
with the Chicago Urban League. |
BusinessWeek
Chicago
Training Business Leaders for China; MBA programs for
Chinese students increase the city’s ties to the
fast-growing economy
June 2008
The article mentions the Kellogg School’s partnership
with the Hong Kong University of Science and Technology’s
School of Business & Management. |
Foreign
Affairs
The Future of American Power: How America Can Survive
the Rise of the Rest
May/June 2008
The article references Associate Professor of Management
and Strategy Ben
Jones' research on innovation ("Age and Great
Invention" from March 2007). |
AD
(The Netherlands)
Emancipatie
goed voor wiskunde
May 31, 2008
The
broadcast highlights
research on the gender gap in math co-authored by
Associate Professor of Finance Paola
Sapienza. The new study appears in the current issue
of the journal Science. |
KFWB-AM
(CBS-Los Angeles)
May
30, 2008
The
broadcast highlights Associate Professor of Finance Paola
Sapienza's research on the gender gap in math. The
new study appears in the current issue of the journal
Science. |
Philadelphia
Inquirer
Gender equality helps girls with math, study says
May 30, 2008
From the article: The new study took the math and
reading |
