Rod Adner comments on “frenemy” relationships of large companies, in which competing companies work together on mutually profitable endeavors. Adner and co-authors point out that carmakers are already having to decide whether to let software apps developed by "century-old antagonists" into their vehicles.
Sep 14, 2015Jonathan Lewellen looks at five periods of increasing rates from 1983 to the present comparing high book and low book to market stocks (value). “The short answer is that value stocks seem to outperform growth stocks during periods when the federal-funds rate is increasing, mostly because growth stocks do relatively poorly. However, growth stocks have historically performed well in the six months leading up to rate increases."
Sep 14, 2015Sydney Finkelstein comments on the track record of boomerang C.E.O.s and how corporate success depends not just on the insight and leadership of the person at the top but also on factors—changing consumer tastes, demographic shifts, the broader state of the economy—over which the C.E.O. has little control.
Sep 14, 2015“Everything should be made as simple as possible—but not simpler,” counseled Albert Einstein. As with physics, so too with public policies aimed at addressing the world’s tensions of rising income inequality.
Sep 14, 2015Noreen Doyle T'74, who was born in Ireland and has joint US and Irish citizenship, will become the first non-briton and first woman to chair the British Banker's Association in its 96-year history when she replaces Sir Nigel Wicks on October 17.
Sep 11, 2015Poets and Quants says Marshall Goldsmith's latest book, Triggers, offers solid advice and strategies to overcome the triggers in our environment and achieve strong abilities of willpower, focus, and self-discipline. Goldsmith says, “Triggers is really extra-personal—or about the outside environment. It’s a book about not only, ‘How do I create the world?’ but, ‘How does the world around me create me?'”
Sep 11, 2015Paul Argenti and a co-author write, "A corporate brand can actually drive business decisions that keep a company on track with its strategic objectives. It creates expectation in the minds of consumers. Meeting those expectations creates the image in consumers’ minds that the company desires."
Sep 11, 2015Stephen Pidgeon T'07 was quoted on the growth and M&A activity from PwC and Deloitte. “For us, the demand has come through the smaller and more ‘premium’ companies they have acquired, which have traditionally been strong recruiters of MBAs.”
Sep 11, 2015John Vogel comments on the study produced by CVS indicating a shift in corporate responsibilities a year after CVS pulled tobacco products from its shelves. “I think it’s an interesting example of the nonprofit sector and the for-profit sector both working in the same direction.”
Sep 11, 2015Paul Argenti notes leaders should take a proactive approach to apologies otherwise the delay can look particularly bad. "If you don’t take control of the situation yourself, it just looks like you’re responding to what critics say.”
Sep 11, 2015Forbes released its 2015 List of America's Best Business Schools, placing Tuck in the #5 spot. Forbes highlighted that among those seeking employment in the Tuck class of 2014, 98% accepted a job within 3 months of graduation, the most of any business school.
Sep 11, 2015A feature story on how a 1992 paper written by Kenneth French and his colleague Eugene Fama identifies three major criteria a savvy stock picker can follow to beat the odds in the investment world. Since that first paper, the two continue to issue major reports only every few years, and each is generally considered a landmark among managers.
Sep 09, 2015Peter Fisher says, "Chairman [Janet] Yellen has made it very clear—and Federal Reserve Vice Chairman Stanley Fischer repeated it—the start of [a rate increase] is much less important than the pace at which they are expected to raise rates."
Sep 08, 2015Cites a new paper co-authored by Richard Townsend. The research found that the more time investors spend with their portfolio companies, the more innovative those startups are and the more likely they are to have a successful exit, whether that's an IPO or an acquisition.
Sep 08, 2015Highlights Ron Adner's work on eReading platforms that compete aggressively with each other, yet also collaborate on certain dimensions. The study investigates the compatibility decisions of the two competing platforms that generate profits through both hardware sales and royalties from content sales.
Sep 08, 2015Kevin Lane Keller says, "They said they're doing this in part in response to consumer demand, and what a way to kind of demonstrate that. It totally fits the rationale of what they're doing."
Sep 04, 2015Sydney Finkelstein says, "The way most search processes go, you start with your wish list, and it's a very long wish list. So check-the-box thinking is risky. There's one thing I would put on that checklist, though, that you can't give up, and that's the ability to adapt and adjust in real time."
Sep 04, 2015Highlights Tuck's announcement that a record 42% of the incoming class of MBAs are women, a ten-percentage point increase from only a year earlier.
Sep 02, 2015