
Tuck in the News
The news items in this section represent a portion of Tuck's recent media coverage. For more information on Tuck in the news or to receive the Tuck Media Update, please contact:
Office of Public Relations
Tuck School of Business at Dartmouth
603-646-2733
8/13/10
THE WASHINGTON POST
In their article "How to jump-start American manufacturing," former deputy secretary of the Treasury Robert M. Kimmitt and Tuck Professor Matthew Slaughter argue that at this time of continuing high unemployment and sluggish job growth, policymakers and business leaders alike should encourage investment into and out of the United States.
8/13/10
THE NEW YORK OBSERVER
John Byrne, who at Business Week in the 1980's helped start a huge business school ranking system, is back at the game. On Monday, his new site Poets & Quants went live, giving the "brutal truth about facilities, teaching methods and reputations" at the nation's best b-schools, as he told The Journal. According to Tuck School of Business professor Paul Argenti, Mr. Byrne and his opinions are taken seriously by business schools, even if they have mixed feelings about him: "Business schools both love and scorn him," Mr. Argenti said. Maybe that's because Mr. Byrne likes doing head-to-head "smackdowns" between Harvard and MIT or Wharton and Columbia.
7/12/10
HARVARD BUSINESS REVIEW: THE CONVERSATION
Professor Vijay Govindarajan writes a blog about the Akshaya Patra Foundation in India, which for $28 feeds a child daily for the entire school year. The foundation is an example of breakthrough innovation, and is able to achieve its low cost by following several principles, such as leveraging technology and local markets, scalability, and impact. "For many of the children served, this is the only complete meal for the day," Govindarajan writes. "The meal program gives them an incentive to come to school and stay in school."
07/9/10
BLACK ENTERPRISE
The magazine runs a feature on Tuck's minority-focused business education program, which has been in existence for three decades. "The Civil Rights Movement of the '60s and '70s had curtailed social discrimination, but it hadn't done much to foster minority inclusion in the U.S. economy," states Professor Leonard Greenhalgh, who is faculty director of the program. "Tuck took the initiative to show that business schools can have a major impact on minority business success."
07/8/10
THE ECONOMIST (UK)
The recent news that KKR, a large private equity firm, is expected to be listed on the New York Stock Exchange has left many experts wondering about the timing. Professor Colin Blaydon suggests KKR's bosses want to go public because they are "changing the nature of their firm. They are becoming a multi-line asset manager." Blaydon also appeared on Business News Network to discuss KKR.
BNN
07/7/10
NPR
President Obama's push to boost exports is showing signs of progress, but analysts say it will take a more aggressive push to meet the president's goal of doubling exports within five years. Obama's recent talk of plans to revive a long-stalled free trade agreement with South Korea along with suggestions of Colombian and Panamanian trade deals is bound to be controversial, Professor Matthew Slaughter suggests. "Americans have long been ambivalent about greater engagement for the U.S. economy, and that's with good reason," he says. "Trade and other forms of globalization tend to generate very large gains for the U.S. overall. But those gains don't always accrue to every single worker, firm, and community."
07/7/10
BUSINESSNH MAGAZINE
The article "Have I Got a Deal For You!" explores the ways businesses can save money renting office space. One option is business incubators, which allow companies to rent office space for a nominal fee and includes shared conference rooms, phone, Internet, and other services. "For people with a new business or a small business, an incubator is a way for them to grow quickly," Adjunct Professor Gregg Fairbrothers says. "More than affordable space, they are getting the programs and services to help them be successful."
07/4/10
CHICAGO TRIBUNE
Following the approval of Wal-Mart to build a second store in Chicago, the newspaper looks at Wal-Mart's purchasing power and its affect on competitors. According to a study led by Professor Kusum Ailawadi, median sales decrease 40 percent at similar high-volume stores when a Wal-Mart enters the market, 17 percent at supermarkets, and about 16 percent at drugstores.
07/1/10
THE WALL STREET JOURNAL
Professor Matthew Slaughter writes an op-ed explaining the findings of a new McKinsey report he advised, and it focuses on multinational companies headquartered in the U.S. All of the business leaders interviewed for this study agreed that U.S. tax policy has a "major impact" on their competitiveness and investment decisions, he writes. He urges U.S. policymakers to take the concerns of U.S. multinationals seriously because these companies are uniquely positioned to help America create jobs.
07/1/10
CHINA ECONOMIC REVIEW (CHINA)
The business magazine profiles schools that are supporting their alumni networks in China. Such support is beneficial for alumni giving, networking, and recruitment. Tuck is going to great lengths to encourage the development of its alumni clubs in Shanghai and Beijing, says Dave Celone, director of Tuck Annual Giving and alumni development. Having a strong alumni network facilitates faculty research, suggests Clark Callahan, executive director of Tuck Executive Education. "Alumni learn from the faculty, but our faculty members also learn more about Chinese companies. That informs their research, and often the professors can bring that to the classroom."
6/28/10
INFOEMPLEO (SPAIN)
Dave Celone, director of Tuck Annual Giving and alumni development, writes an op-ed comparing Tuck's alumni giving rate to the World Cup teams. He mentions that 66.7 percent of Tuck alumni gave to the 39th annual giving campaign, which finished in May. Tuck has also seen more than 60 percent participation rate for the past 25 years. The reason for the high giving rate—the alumni body is highly involved and committed to helping each other throughout their lives.
6/27/10
LA NACION (ARGENTINA)
The daily newspaper explores commoditization and the ways to avoid it. Professor Richard D'Aveni shares examples from his recent book, Beating the Commodity Trap.
6/27/10
BLOOMBERG
The news organization profiles Thomas J. Barrack Jr. and his private equity firm Colony Capital LLC. After a few bad years, Colony is poised to rebound. The article compares Colony to other large private equity firms, all of which Professor Colin Blaydon calls "the new, broad-based asset managers."
6/24/10
U.S. NEWS & WORLD REPORT
The article "Just How Lucky is Your Mutual Fund Manager?" features Professor Kenneth French's recent research with University of Chicago Professor Eugene Fama on the role luck plays in managing mutual funds. French and Fama's study casts serious doubt on a manager's ability to generate alpha, which is used to measure the extent to which active managers can generate returns beyond what would be expected from their benchmark exposures. Even the few managers who generate astounding returns can be explained—"The historical performance of the top funds is about as we would expect from the extremely lucky funds in a world where true alpha is zero for all funds," they write. Forbes also ran an article on French and Fama's study.
Also FORBES.
6/24/10
USA TODAY
Adjunct Professor Jeff Weiss is profiled in an article for his work teaching negotiation skills to junior soldiers at West Point. Weiss offers the same class at Tuck with the focus on making deals in the boardroom and teaches that negotiating should be about building relationships and understanding motives.
6/22/10
THE WALL STREET JOURNAL
Sophisticated hackers aren't the only ones gaining access to sensitive data on the Internet. A large amount of personal information is being left exposed or poorly protected by companies and governments. Professor M. Eric Johnson has found files containing names, social-security and health-insurance numbers belonging to thousands of individuals exposed by peer-to-peer software. By entering basic search terms, such as hospital names, into the software, Johnson says he found spreadsheets from a hospital system that contained contact information and social-security numbers for more than 20,000 patients.
6/21/10
FAST COMPANY
Associate Professor Ella Bell takes part in Fast Company's 30 Second MBA. In the video, she discusses the ways to collaborate from different locations. Bell says it is important to have a good support person to hold the team together, to conduct virtual check-ins on a regular basis, and to have group meetings in person as often as possible. "This builds trust, cohesion, and creates a better spirit in the group," she states.
6/18/10
NPR
The article "Facts Garbled As U.S. Tries To Take Charge Of Spill" looks at the communication mistakes National Incident Commander Thad Allen has made when discussing the oil spill with the press. Professor Paul Argenti suggests Allen's frequent technical flubs do real damage to the administration's credibility. "The perfect person for the spokesperson position would be someone who has the technical expertise," Argenti states. "Not an admiral who obviously doesn't know what he's talking about in this situation."
6/18/10
FORBES
Associate Professor Ron Adner and William Vincent T'10 write an op-ed about the competition between Apple's iPhone and Research In Motion's BlackBerry. Adner and Vincent suggest that RIM needs to stop competing for the quantity of apps for its phones because that's an area where it can't win. Instead, RIM needs to refocus its efforts onto two distinct customer segments: business users and everyone else, they write.
6/18/10
ASSOCIATED PRESS
Papa John's International Inc. leapfrogged two larger rivals to land a deal as the official pizza sponsor of the National Football League and the Super Bowl. The three-year, multimillion-dollar contract starts in the upcoming season and runs through the 2012 season. The sponsorship allows Papa John's to use NFL logos and trademarks in its advertising and marketing. The success of a sponsorship depends on "all the other things you do with it," Professor Kevin Lane Keller says. "Pizza and football are a great match, so there's a lot of logic to the sponsorship," he states. "But the real success depends on how creative they are in using it."
6/18/10
BLOOMBERG
Citigroup Inc. plans to raise more than $3 billion for its private equity and hedge funds, even as U.S. lawmakers consider banning banks from owning and investing in so-called alternative funds, people with direct knowledge of the plan say. "They basically are presenting a new thrust to the market since the challenges of '07 and '08," Professor Colin Blaydon states. "Gathering capital at this point is something they want to do."
6/17/10
YAHOO! FINANCE TECH TICKER
Professor Sydney Finkelstein discusses BP CEO Tony Hayward's recent congressional testimony. "The evidence is now overwhelming that these guys have been the gang that can't shoot straight," he says. This adds to the impression that BP doesn't have the right people at the top, Finkelstein suggests. Finkelstein also appeared on Bloomberg TV to discuss Hayward's testimony.
Also BLOOMBERG TV.
6/16/10
THE WALL STREET JOURNAL
As Congress comes closer to passing a bill on financial regulation, economists and central bankers haven't given up their debate over what they think would help the world avoid a repeat of the recent credit crisis. A good overview of what economists think should be done is presented in The Squam Lake Report, which advocates regulation that aims at keeping the overall system stable. Financial institutions must bear the true costs of their activities, and higher capital levels will play a part in this, especially for the firms that present the largest risk to financial stability. "Regulations should be out there forcing firms to bear the cost of their failures," Professor Kenneth French says.
6/15/10
THE NEW YORK TIMES
The article "Fifteen Economists Issue Crisis-Prevention Manual" looks at financial regulations suggested in the book The Squam Lake Report. The book includes articles from a consensus of 15 academics, and the group was convened by Professor Kenneth French. The academics hashed out ideas for buffering the financial system from future crises and developed those ideas over a year and a half. "Our target audience was not other academics, but key decision-makers, not just in the U.S. but other countries as well," says Professor Matthew Slaughter, who is part of the group.
6/15/10
THE NEW
YORK TIMES
The article "Fifteen Economists Issue Crisis-Prevention Manual" covers the newly released The Squam Lake Report, a consensus of 15 academics, including Tuck professors Ken French and Matthew Slaughter. The book is released as Congress works toward completing the biggest changes in financial regulation since the Depression.
6/13/10
FINANCIAL TIMES (UK)
The article "Students bridge the business gap" looks into the benefits of summer business programs for students and schools. The name of the business school gives students cachet on their resumes, while schools are able to tap into a pipeline of students for their MBA programs. Senior Associate Dean Robert Hansen, who helped develop Tuck's first Business Bridge Program in 1997, estimates that every year 30 to 40 of the 250 Bridge students will subsequently apply to Tuck's full-time MBA. "Having a presence in that younger market is important because it’s a more diverse audience," he says, and that helps increase diversity in Tuck's MBA.
6/11/10
FORBES
Pat Palmiotto, director of the Allwin Initiative for Corporate Citizenship, writes her second posting for the site's CSR Blog about economic progress versus environmental impact. "If our MBA students expect to become successful business leaders in the future, then understanding the relationship between business activities, the natural world, and social systems is crucial," she writes. "Two electives at the Tuck School of Business, Business and Climate Change and Business Sustainability, were chosen by half the second-year class. They know."
6/4/10
ASSOCIATED PRESS
History shows analysts rarely get it right when it comes to predicting how much companies will earn. New research from McKinsey & Co. found analysts tend to be over optimistic, slow to revise their forecasts to reflect new economic conditions, and prone to making inaccurate predictions especially when economic growth declines. "There are reasons for analysts to be optimistic," says Professor Kent Womack, who has studied stock analysts' work extensively. "They haven't seemed to figure out why they should be skeptical."
6/1/10
PBS NEWS HOUR WITH JIM LEHRER
Professor Sydney Finkelstein is a guest on the news program to discuss the effects of the gulf oil spill on BP's reputation. Because the general public's perception of big oil is not great to start with, BP doesn't have far to fall, he says. "On the other hand, the reputation extends all sorts of other stakeholders, and when you're seen to not be able to take care of your own house, the government is pretty quick to step in with solutions that could be costly." Finkelstein also shared his expertise with The New York Times and Bloomberg TV.
Also NYT and BLOOMBERG TV
6/1/10
PBS NEWS HOUR WITH JIM LEHRER
Professor Sydney Finkelstein is a guest for the show covering the oil spill disaster and what it means for the future of BP, financially and otherwise. "One of the things we can see in terms of looking at other companies that have recovered from these situations...is that they really have emphasized safety. They built it into the culture. It becomes something people talk about day after day after day and begin to believe in. And I think that's going to be essential for BP," he says.
5/27/10
NEWSWEEK
After shedding jobs in droves during the recession, many businesses find they are now bereft of the qualified professionals needed to kick-start growth again. There is a talent crunch in spite of the large number of unemployed, and it is far worse in the emerging markets. "In India we have the 'stuffed duck' system," Professor Vijay Govindarajan says. "We are very good at filling our heads with facts and technical problems, but we lack theoretical skills, negotiations, political savvy, and the ability to work in teams. We still have to go the last mile."
5/25/10
ASSOCIATED PRESS
The newswire reaches out to graduates from top MBA programs around the country for financial advice on saving, managing money, and investing during volatile times. The general consensus from business students is that unless you have time to dig into a company's earnings and do plenty of research, it is risky to buy individual stocks. Alan Rich T'10 says most Americans should look to low-cost mutual funds that track a broad market index such as the S&P 500.
5/23/10
CHICAGO TRIBUNE
The article "CEO compensation: The $10 million-plus club" looks at the shareholders movement of having a say-on-pay vote. Companies can ignore the votes, but governance and compensation experts say the measures have teeth because the next step would be for shareholders to withhold votes to approve management's slate of directors. Meanwhile, a Securities and Exchange Commission proposal would make it cheap and easy for larger, long-term shareholders to write in their own director candidates. "They can argue, 'Look, if we don't like the board, we can just elect another one,'" Professor B. Espen Eckbo says.
5/21/10
BLOOMBERG
As oil, tar balls, and dead wildlife wash up on the Louisiana coast from a leaking well at the bottom of the Gulf of Mexico, another threat looms on the horizon—hurricane season. "It's a huge mess, and the liabilities are in the billions, possibly the tens of billions," Adjunct Professor Gregory Slayton says about the situation.
5/18/10
COMPUTERWORLD
A study by Professor M. Eric Johnson finds that nearly eight months after new rules were enacted requiring stronger protection of health care information, organizations are still leaking such data on file-sharing networks. The fact that sensitive patient health information is freely available on P2P networks suggests that many organizations are still not paying enough attention to security, Johnson suggests.
5/18/10
BUSINESSBECAUSE (UK)
Tom Park T'10 writes about his experience as an exchange student at Korea's Sung Kyung Kwan University's Graduate School of Business (SKK). He compares his experience there with his time at Tuck.
5/12/10
HARVARD BUSINESS REVIEW
The article "The Right Way to Fight" examines how to turn a disagreement with
a coworker into a positive situation. Being prepared for a dispute requires
knowing your own position and trying to better understand your coworker's. Before
approaching your colleague, Associate Professor Judith White advises you to "know
what your underlying intentions are." When proposing a resolution, she suggests
not to assume a combative stance.
5/12/10
THE WALL STREET JOURNAL
A special board committee of American International Group Inc. recently hired
its own financial adviser, the latest sign that the insurance giant is readying
plans to repay still-massive debts owed U.S. taxpayers. Except when a company
has put itself up for sale, "it is unusual for the board to hire their own investment
bankers to advise them on these kind of issues," says Professor Espen Eckbo.
5/7/10
FINANCIAL TIMES (UK)
The article " Training tips: how to return to work" looks at the best way to reintegrate
into your job after an executive education program. "Your team and your boss will
want to know what you learned, and what is going to change," says Clark Callahan,
executive director of executive education. You might feel scrutinized after a
program, he advises.
5/7/10
YAHOO! FINANCE TECH TICKER
Dean Paul Danos talks about the recent economic crisis and what business schools
could have done to respond. He suggests that people need to have the grounding
to question the status quo and the models being employed. He also discusses Treasury
Secretary Tim Geithner's recent testimony before the Financial Crisis Inquiry
Commission.
5/7/10
U.S. NEWS & WORLD REPORT
The news magazine does a Q&A with Tuck admissions officials about the application
process, what they look for in applicants, and what sets Tuck apart. "While our
students offer so much diversity in terms of their life and professional experience,
common traits that we look for in all applicants are strong team, interpersonal,
and communication skills," says Dawna Clarke, director of admissions.
5/6/10
FORBES
The article "Innovation Needs To Start In China" looks at why emerging markets
can no longer be leveraged solely as a manufacturing base and need to focus on
reverse innovation. "The fundamental driver of reverse innovation is the income
gap that exists between emerging markets and the developed countries," Professor
Vijay Govindarajan states. "Buyers in poor countries demand solutions on an entirely
different price-performance curve. They demand new, high-tech solutions that deliver
ultra-low costs and good enough quality."
5/5/10
FINS
The new financial career website explores the different factors to consider when
picking an executive education program and the variety of program options. It
reviews two of Tuck's programs, a five-day leadership course and the Tuck Executive
Program. Whether you are interested in a regional program, an intensive session
at a nationally known business school, or an industry-focused solution, you should
discuss your aspirations with your supervisors and then map out a feasible plan
to achieve them, suggests Clark Callahan, executive director of executive education.
This could also help when discussing potential corporate sponsorships, he points
out.
4/29/10
FORBES
Pat Palmiotto, director of Allwin Initiative for Corporate Citizenship, writes her first Forbes' CSR blog on Goldman Sachs and responsibility. Palmiotto discusses a recent debate at Tuck about the situation Goldman Sachs finds itself in at the moment. "Students walked away with questions about how one of the most well known investment banks could more effectively communicate its actions, its decisions, and values," she writes.
4/28/10
THE WALL STREET JOURNAL
President Barak Obama's goal of doubling U.S. exports over the next five years will be difficult to meet, business leaders and economist say, because of the lack of momentum on demolishing trade barriers and the shift by more American companies toward producing overseas. Professor Matthew Slaughter says the majority of U.S. exports come from multinational firms and U.S. affiliates of foreign firms that tend to produce capital-intensive, high-value products. That could limit the employment gains from an export boom.
4/27/10
HARVARD BUSINESS REVIEW
Professor Vijay Govindarajan's most recent blog "What Poor Countries Can Teach Rich Ones About Health Care," looks at how an eye hospital in India is revolutionizing cataract and other eye surgeries by increasing efficiency and reducing costs. "There is nothing in this model that cannot be replicated in any country—developing or developed," he writes. "The keys are simple: pay close attention to operational efficiency, work on separating the core from the frills, maximize the productivity of the costliest resources (doctors and equipment), and utilize the sheer power of volume."
4/26/10
INTERNATIONAL HERALD TRIBUNE (FRANCE)
The article "Nurturing Leaders for Health Care" looks at business schools that are offering joint degrees in the health-care field. Tuck is planning to offer a Master of Science in Health Care Delivery with the Dartmouth Institute for Health Policy and Clinical Practice. "Our new master's program will impart management knowledge through the business school, and the understanding of health care organizational efficiencies through the Dartmouth Institute," Senior Associate Dean Robert Hansen says. "The marriage of the two is very exciting."Also, Dean Paul Danos discusses ways the health care industry could save money.
4/26/10
DIARIO FINANCIERO (CHILE)
Adjunct Associate Professor Chris Trimble takes part in a Q&A with the Chilean business newspaper. Trimble discusses reverse innovation and the recent Harvard Business Review article he co-wrote with Professor Vijay Govindarajan and GE CEO, Jeff Immelt.
4/26/10
AFFARITALLIANI (ITALY)
The Italian news website runs a feature on Associate Professor Ella Bell's new book, Career GPS. Bell advises women to establish good social relationships with people in the work environment, and she touches on the importance of good work-life balance.
4/23/10
FORBES
In an article about teaching corporate entrepreneurship, Adjunct Professor Gregg Fairbrothers discusses the difference between entrepreneurs and gamblers. "Gamblers take risks in search of big payouts, especially under conditions of apparent moral hazard," he says. "Entrepreneurs are not risk takers; they are risk quantifiers and risk reducers." Fairbrothers also observers that true entrepreneurial behavior means seeking to do new things, to create something from scratch, and to solve problems.
4/22/10
BLOOMBERG
The wire service explores recent trends in the private equity industry. Deals in which both the seller and the buyer are private-equity investors have jumped to 40 so far this year. That is because private equity firms can do these transactions quickly, Professor Colin Blaydon suggests. About private equity deals, Blaydon predicts, "This year, it's going to be imperative to push these companies out, get the transactions done, and be able to raise a new fund."
4/21/10
FINS
With all the problems facing Wall Street lately, one that hasn't received much notice is authoritarianism in the executive suite. Authoritarianism, often tied in with narcissism, is probably the most common management style on Wall Street, Associate Professor Ella Bell says. Deirdre O'Donnell, associate director of the career development office, suggests two ways to spot this type of boss—look for someone who has a fragile ego or someone who rules by fear.
4/20/10
NEW HAMPSHIRE PUBLIC RADIO
Professor Matthew Slaughter discusses the mixed messages the economy is sending on The Exchange, the local call-in radio show. The stock market is showing renewed strength, but foreclosures, credit card defaults, and bankruptcies are up. Slaughter says there are some positive signs in the economy right now, but one area that needs a lot of time for recovery is the U.S. labor market.
4/20/10
EL NORTE (MEXICO)
The newspaper interviews Professor Vijay Govindarajan about the opportunities to innovate in developing countries. Govindarajan explains the four ways in which products created in developing countries can generate growth for a company, and he advises Mexican companies to focus on using innovation to meet the needs of Mexican consumers.
4/19/10
CNBC
No matter what happens with the securities-fraud case against Goldman Sachs, the firm needs to concentrate on shoring up its tarnished image, two experts told the cable news channel. "It's not about the legal battle, in my view," Professor Paul Argenti says. "It's a battle for values and the perceptions that people hold about the firm."
4/15/10
THE GLOBE AND MAIL (CANADA)
The article "Lexus woes add to Toyota's year of troubles" explores how the recent recall of a Lexus model could affect the luxury car brand and its parent company, Toyota. "The good news is that Lexus has a really strong reputation, as does Toyota, and that serves as a buffer whenever you have these sorts of crises that come up," Professor Kevin Lane Keller says.
4/15/10
BLOOMBERG BUSINESSWEEK
The news magazine takes an in-depth look into management and leadership at GE. The publication reports that Associate Professor Pino Audia shared his perspective on leadership with GE CEO Jeff Immelt and GE senior executives.
4/15/10
U.S. NEWS & WORLD REPORT
After the recent financial crisis, many business schools are re-evaluating the importance of business ethics and different methods of teaching ethics. Tuck has created opportunities for students to be exposed to values that they might not otherwise find in their classes, Adjunct Professor Richard Shreve states. During orientation week, the school sends all 250 first-year students to work with nonprofits in the community for a day.
4/15/10
U.S. NEWS & WORLD REPORT
The news magazine provides tips and stats on business schools. One tip when you are applying is to take the interview if you are given the opportunity. "There are many skills and attributes that might not come across on paper," says Dawna Clarke, director of admissions. "Making an effort to go to a school to interview shows that you're really interested in the school and lets you tell your story in a different way."
4/15/10
U.S. NEWS & WORLD REPORT
Laetitia Veleba T'07 writes about her experience at Tuck and what it was like to work in investment banking during the financial crisis. Veleba survived six rounds of layoffs until she eventually became one of the casualties, she says. It was the Tuck alumni network that became her support system, and she quickly found another job. "I have come to understand that my MBA was an investment decision in which risks and rewards were weighed and assessed, and in the end, the return was greater than I ever expected," she writes.
4/13/10
AEF.INFO (FRANCE)
While in Paris, Dean Paul Danos sat down with the website to discuss the impact of the financial crisis on business schools, Tuck's admissions process, and the school's exchange programs.
4/12/10
DAILY NEWS & ANALYSIS (INDIA)
"Everything becomes a commodity eventually," Professor Richard D'Aveni writes in his new book Beating the Commodity Trap. "If you are not convinced, consider Harley Davidson." D'Aveni describes the different commodity traps Harley has faced over the years and how they overcame some of them.
4/11/10
FINANCIAL TIMES (UK)
The article "From battlefield to boardroom" examines Adjunct Professor Jeff Weiss's negotiation class that he teaches to military cadets at West Point and MBA students at Tuck. Weiss acknowledges that negotiating in a boardroom is not the same as negotiating on the battlefield but says there are parallels. "While the context and details are different, the dynamics and pressures—high-risk, complex, urgent situations—are quite similar," he states. Aram Donigian T'08 and Nikolaus Trotta T'10 are also featured in the article.
4/11/10
VALLEY NEWS
Professor Kusum Ailawadi sat down with the newspaper to discuss two of her recent studies on Wal-Mart's effect on smaller competitors and how those small businesses should adjust, and why people change their shopping habits when gas prices spike. Ailawadi explains why she chose to look at the effect of gas prices on grocery shopping: "Gas prices literally change month to month, and therefore, the amount of money you have to spend from month to month changes. Only those things that you also shop for month to month give you the possibility of flexibility, and consumer shopping for grocery products provides some flexibility."
4/08/10
THE WALL STREET JOURNAL
More companies are running up against a law that prohibits corporate directors from sitting on boards of their rivals. The federal law, called the Clayton Act, is being used strategically by some companies to try to thwart efforts by activists to gain board seats. The newspaper sought out Professor Espen Eckbo for his expertise in this area.
4/01/10
INC. MAGAZINE
The article "How to Improve Your Hiring Practices" provides advice on the best way to add a new employee to your company. One important thing to think about is organizational culture and company social networking. "Find people whose values are the same as the values of the company," Assistant Professor Adam Kleinbaum advises. "When people's values differ, they might not be as happy or accepted as well."
4/01/10
BLACK ENTERPRISE
Associate Professor Ella Bell takes part in a Q&A about her new book Career GPS. Bell discusses the importance of the first 90 days on the job, how to develop an organic mentoring relationship, and the importance of self-awareness. "Self-awareness is one of the first stepping-stones of being a successful leader," Bell says. "As a leader, you need to be clear about who you are and what you bring to the table."
3/30/10
LES ECHOS (FRANCE)
The financial daily interviews Aurelien Pichon T'09 about his choice to attend business school. After working as an engineer for seven years, Pichon realized he needed a MBA to advance in his career. He discusses Tuck's community, access to faculty, and the strength of the alumni network.
3/28/10
BLOOMBERG BUSINESSWEEK
The upswing of the S&P 500 index has caused many to be more confident about stock valuations and fueled the search for better valuation methodologies. The news magazine explores two fairly new approaches—the stock rating system called PRVit and the web-based platform Market Topographer. No matter the approach, skeptics argue that methodology isn't the issue when it comes to identifying mispriced stocks. "You've got to find some information that the market isn't incorporating into its price or its expected return," Professor Espen Eckbo suggests.
3/24/10
MARKETPLACE
Dean Matthew Slaughter's new study with the Business Roundtable suggests that companies doing business overseas might not cost jobs at home as many people claim. Using data from the Commerce Department, Slaughter explored what happens in the U.S. when companies expand their reach overseas. "On average, when companies are hiring more people in foreign markets, when they're undertaking more capital investment in their foreign affiliates, they tend to do more hiring and more capital investment back in the U.S. as well," he finds.
3/24/10
FORBES
In the years since the financial crisis erupted, regulatory change and executive compensation reform have been cited as keys to preventing future disasters. In a recent op-ed, Tuck professor Pino Audia suggests a complementary approach to preventing future crises might be to identify challenges that are unique to the leadership of financial firms and consider whether companies are nurturing the right leaders to address those challenges. Audia suggests that more effective Wall Street leaders need to collaborate, be able to identify when patterns change, and reject insularity. "Wall Street businesses need to show that they take the challenge of rebuilding the street on a stronger foundation seriously, by investing in leadership," Audia says.
3/24/10
REUTERS (UK)
The article "U.S. companies suddenly shy over China yuan squabble" explores what could happen when the U.S. issues a report next month labeling China as a "currency manipulator." Were the U.S. to impose penalty tariffs on Chinese imports—a new bill the Senate is weighing—Beijing would have many possible responses. One of which is to target its purchases of American-made capital equipment, suggests Professor Andrew Bernard.
3/20/10
THE WALL STREET JOURNAL
As Tiger Woods returns to the Masters, many question whether he still has what it takes to win. According to Professor Richard Rendleman's research, Woods is the only player on the PGA Tour who can win by playing average. Rendleman created complex statistical models to calculate a golfer's skill level and estimated a player's average score for an average round on an average course. From 2004 to 2008, Woods's score was more than a full stroke better than the next best player, Phil Mickelson. Rendleman doesn't know how Woods's hiatus will affect the statistics but predicts Woods will return to dominance at some point this year.
3/17/10
FORBES
In an op-ed, Professor Richard D'Aveni reveals how Harley-Davidson fell into a commodity trap. Not only did Harley fall prey to commoditization in the 1970s when it was undermined by Japanese rivals, it also had to compete with new U.S. motorcycle brands in the 2000s. "The fact, as Harley discovered, is that a product-based advantage can be fleeting, making it harder for companies to extract a premium price in most markets," D'Aveni states.
3/17/10
VALOR ECONOMICO (BRAZIL)
Professor Vijay Govindarajan sits down with the economic newspaper for a Q&A about his time at GE. Govindarajan touches on challenges for leaders in the current economic situation and the importance of putting innovative ideas into practice.
3/15/10
SMARTMONEY
The article "The Homeowner's Dilemma: Should I Rent?" explores the benefits of selling your house at a loss. Professor John Vogel points out, "Given what's going on with unemployment, plus the time and hassle involved in managing a house, renting your house out is far from a sure bet." In addition, home prices nationwide are forecast to fall even more in 2010. "There's at least as good a change that the market will be worse a year from now as it will be better a year from now," Vogel posits.
3/12/10
BUSINESS NEWS NETWORK (CANADA)
Professor Colin Blaydon appears on the business news network to discuss KKR, a private equity firm that is going public. "We are seeing a wide-spread change in the nature of the very large private equity firms," Blaydon suggests. KKR is going public to gain liquidity and give the group flexibility in its choices, he states.
3/11/10
FORTUNE
The magazine runs a feature on Professor Gregg Fairbrothers, who teaches a popular course at Tuck on entrepreneurship. Fairbrothers disagrees with critics who say you can't teach someone to be an entrepreneur. He argues that entrepreneurs are not defined by what they do but by how they do it. He views entrepreneurship as a set of identifiable and measurable traits.
3/11/10
THE ECONOMIST (UK)
President Obama recently announced plans to double exports over the next five years. This has caused many to question whether the increased exports will help the U.S.'s suffering economy. Getting small firms to export more won't help the economy much in the near term, Dean Matthew Slaughter suggests. The big firms that export most of America's goods don't need promotion, they need better access.
3/10/10
CFO
Most companies can't afford not to keep tabs on their competitors. But they may be spending too much time benchmarking their current performance against other companies rather than working on the future viability of their businesses, Professor Vijay Govindarajan suggests. Indeed, most U.S. multinationals are stuck in the present when they should be thinking about the opportunities in the next two decades. "Strategy is about creating next practices and not adapting to best practices in the industry," he says.
3/08/10
TOP MBA (UK)
Graduating MBAs have fared remarkably well despite the turbulent job market of 2009, benefiting from the global and sector flexibility afforded by the MBA qualifications. MBA recruitment and salaries seem to be to be holding firm, and Dean Paul Danos explains why. "The reason for the enduring appeal of the MBA is simple—demand for MBA graduates by the great businesses of the world keeps increasing," he says. "As businesses grow in complexity and scope, companies need more skilled and well-educated leaders."
2/26/10
ASSOCIATED PRESS
The news wire looks at the ability for Olympic medalists to cash in on their recent wins. Experts suggest that it is harder for Olympians in lesser-known sports to secure commercial opportunities. Professor Kevin Lane Keller says that athletes need to build their brand and be successful at the sport in order to be marketable. He cites Shaun White as one of the few Olympic athletes who has done this successfully.
02/22/10
SC MAGAZINE
The Federal Trade Commission (FTC) recently announced that it has identified widespread data leaks from businesses, schools and local governments on peer-to-peer file-sharing networks. "Data that leaks out of large firms is a bigger issue than technical hacks," Professor Eric Johnson says. "Criminals simply need to know where to look." USA Today and Computerworld also sought out Johnson to comment on this topic.
02/19/10
NEW YORK TIMES
The Federal Reserve and its chairman Ben Bernanke face a complex set of forces as they decide how and when to reverse the aggressive steps they took to contain the financial crisis and the ensuing damage to the economy. The purchase of mortgage-backed securities and the Fed's holding of interest rates near zero is what economists call quantitative easing, which is one of the most extreme forms of monetary policy. Although the Fed has now outlined an exit strategy, "there's no playbook for this," Dean Matthew Slaughter says. "The Fed and other central banks have to figure out how to shrink their balance sheets and return to more traditional central banking."
02/18/10
THE WALL STREET JOURNAL
As a Tuck professor and co-director of the Negotiation Project at West Point, Professor Jeff Weiss teaches negotiation tactics to two very different audiences. At Tuck, it's MBA students trying to perfect a deal; at West Point, it's military cadets poised for deployment overseas. Weiss discusses the similarities and differences of teaching the two groups. "Negotiation is about aligning multiple parties and managing conflict," he states. "The context and the culture may be different, but the challenges are quite similar."
02/16/10
LE MONDE (FRANCE)
In an article on Reverse Innovation, Professors Vijay Govindarajan and Chris Trimble T'96 are mentioned for their recent Harvard Business Review article, which they co-wrote with General Electric CEO, Jeff Immelt D'78. The article credits Govindarajan and Trimble with coining the phrase "Reverse Innovation."
02/12/10
CHARLOTTE OBSERVER
The newspaper reviews Professor Ella Bell's new book, Career GPS, calling it "the business coach you never had but always wanted." In addition to tackling gender pay differences and work-life balance issues, Bell lays out strategies to help women maneuver through the 21st century job search in a down economy. "There is still plenty to trip up women in the complicated, fast-changing corporate landscape," she says.
02/11/10
NEW YORK TIMES
As the Olympics begin, GE is introducing its biggest advertising campaign ever aimed at consumers. Professor Kevin Lane Keller weighs in to GE's ad strategy. "Given what they're trying to accomplish with their corporate image, having an ad of that quality level helps them to tell their story—and does it in a visually arresting manner—and helps them in an Olympic setting to break through," he suggests. The Associate Press also sought out Keller to comment on Proctor & Gamble's Olympic ad campaign.
02/08/10
ASSOCIATED PRESS
Toyota is counting on a trusted veteran with ample U.S. experience, Yoshimi Inaba, when the Japanese automaker's recall problems are scrutinized by Congress later this month. Crisis communication expert,Professor Paul Argenti, provides recommendations on how Toyota should respond to the questioning. Argenti advises Inaba to stay humble, own up to mistakes, show a convincing plan for a fix, and woo customers with discounts and free maintenance service for some years. It may take Toyota many years to put the recall problems behind it and rebuild its brand, he posits. The New York Times, USA Today, NPR, and Fox Business also tapped Argenti for his expertise on this matter.
02/03/10
THE WALL STREET JOURNAL
Dean Matthew Slaughter writes an op-ed against the president's proposed tax increases on U.S. multinationals' foreign operations. He suggests that instead of creating American jobs, these increases would destroy them. "Raise the international tax burden on U.S. multinationals by limiting foreign-tax credits, for example, and you will further reduce their ability to compete abroad," Slaughter writes. "This, in turn, will reduce employment and investment in U.S. parent companies." Slaughter was a guest on CNBC and NPR to discuss the president's tax plan.
02/03/10
NIKKEI BP (JAPAN)
Dean Paul Danos participates in a Q&A with a leading Japanese business publication. He touches on the decline in endowments of U.S. universities, the cause of the financial crisis, and the effects Enron had on business education. Danos also discusses the points that differentiate Tuck from other top business schools and projects that the demand for MBAs will increase.
02/01/10
BLACK ENTERPRISE
The article "One For All" looks into strategic partnering by entrepreneurs and profiles a women's fashion boutique in Harlem that created a successful partnership. Professor Leonard Greenhalgh comments on the importance of strategic alliances but points out that a collaboration's success depends on the purpose and those involved. "Partnerships depend on cooperation," he says. "You have to have common objectives, your mission statements have to be compatible, and there must be trust between the parties."
01/28/10
BLOOMBERG TV
Professor Richard D'Aveni appears on the global business network to discuss his new book, Beating the Commodity Trap. D'Aveni explains the three types of commoditization— deterioration, proliferation, and escalation. He cites Sears Roebuck as a company that has fallen into the deterioration trap and uses Apple as an example of a company that has beat proliferation and harnessed the power of escalation for its benefit. D'Aveni also appeared on Yahoo! Finance Tech Ticker.
01/25/10
MAEIL BUSINESS NEWSPAPER (SOUTH KOREA)
Dean Paul Danos sits down with the Chairman of Maeil Business Newspaper to talk about the global financial crisis, the outlook of Korea's economy, and the prospects of One Asia, which is the idea of forming an economic block in Asia similar to that of the European Union. Danos cautions the Chairman about delivering media content for free, warning that it could possibly lead to producing low-quality content and cause the media industry to lose its competitive edge.
01/25/10
BUSINESS NEWS NETWORK (CANADA)
The recent actions of Fortress putting Intrawest up for sale have caused many to wonder about the state of private equity in 2010. Professor Colin Blaydon appears on the business cable channel to discuss this topic. He suggests that the majority of the private equity deals from 2006 to 2008 will need to be restructured, and most new deals are going to be smaller with more equity in them and very little debt. "If history is any guide, this is the best time for firms to invest and where they will have the highest returns" Blaydon says.
01/21/10
NEWSWEEK
What do the Tata Nano, the Acer Netbook, and GE's handheld electrocardiogram device have in common? According to Professor Vijay Govindarajan, all three are examples of Reverse Innovation—a concept that's becoming the next big driver of globalization. Govindarajan, who is writing a book on the concept, cites many new examples of the strategy. "We believe reverse innovation will power the future—not just in poor countries, but everywhere," he says.
1/13/10
NEW YORK TIMES
As big banks prepare to testify about their roles in the financial crisis, the newspaper explores the possibility of CEOs offering apologies. Professor Sydney Finkelstein's research for his recent book showed that heads of Fortune 500 companies almost never apologize for poor performance. Out of 100 companies Finkelstein looked at, only one acknowledged managerial culpability. "We specifically looked at many other companies and found none who admitted managerial error, let alone apologized for it," he says. Finkelstein's comments were picked up by The Economist.
1/11/10
ASSOCIATED PRESS
Domino's Pizza is making news with its advertisements that focus on how the company is addressing complaints about its pizzas. It is the brutally honest tone that's causing many to take notice, say some experts. While unusual, highlighting mistakes in an ad campaign can win over consumers—but only if the majority agrees that the product was faulty in the first place, Professor Kevin Lane Keller says. It can be more effective than simply highlighting the new recipe, he suggests, because Domino's is telling consumers it understands their concerns.
1/08/10
THE WALL STREET JOURNAL
The Deal Journal features Professor Sydney Finkelstein's research about the effect of experience on M&A activity. After looking at 808 deals from 1994 through 2005, Finkelstein found that hiring experienced advisers can prevent a company, especially one that is desperate to expand, from overpaying for an acquisition. "We found that the more experienced the banker is with a certain type of acquisition, the less likely you are to overpay," he states.
1/6/10
ECONOMIC TIMES (INDIA)
Professor Punam Keller forecasts the top marketing trends of the future. She believes marketers will use social media even more and that they will also use consumer stories to create the experience of the brand. Other trends include focusing on eco friendly aspects of a product and using advertisements to create storylines instead of the usual 30-second sales pitch.
1/03/10
FINANCIAL TIMES (UK)
Dean Matthew Slaughter writes an op-ed about the recent tendencies of foreign direct investment and M&A activity, using China's Geely agreement to buy the Sweden-based Volvo division from Ford as an example. This deal demonstrates the rise of FDI from developing into developed countries and that the investments are overwhelmingly M&A transactions. Slaughter advises politicians to resist protectionist calls and remember the benefits of inward FDI: a stable capital inflow and new companies that tend to create high-paying jobs.
12/28/09
FINANCIAL TIMES (UK)
The lack of confidence in business over the past year has affected communication, writes Professor Paul Argenti in a recent op-ed. One change in communication strategies by leading companies is the rethinking of key themes. A study by Tuck School, conducted with Doremus, found that the best-in-class companies are guided by six themes, which include a focus on value and values, and evolve a sense of responsibility. "Corporate responsibility today is not just about philanthropy or being green," Argenti states. "It is about companies being responsible across all business practices."
12/16/09
FINANCIAL TIMES (UK)
The international business paper reviews Professor Richard D'Aveni's forthcoming book, Beating the Commodity Trap. "D'Aveni is writing for the time-poor executive, who is aware of encircling threats but uncertain what to do about them," the article states. He describes three types of commodity traps—deterioration, proliferation, and escalation—and how to beat them. Every business needs to think about how it can meet and defeat these threats. As D'Aveni says, "Commoditization doesn't just happen to commodities."
12/14/09
U.S. NEWS & WORLD REPORT
The publication provides 10 reasons why you shouldn't retire just yet. Not only will you have larger Social Security checks and delay taxes on 41(k) withdrawals, but your social life could benefit from staying in the workforce longer. "Many people think of retirement as an abyss because they define themselves by their jobs," Professor Punam Keller says. "All these gifts of identity, power, money, and even order and a sense of community disappear."
12/11/09
EL COMERCIO (PERU)
Dean Paul Danos takes part in a Q&A about the global financial crisis and the future of business education.
12/07/09
AFTENPOSTEN (NORWAY)
Professor Espen Eckbo is featured in an article about Norway's university system. He remarks on the way the country organizes its bachelor and master degree programs.
12/04/09
CORRIERE DELLA SERA (ITALY)
Professor Leonard Greenhalgh comments on the recruiting issues luxury car companies are currently facing.
12/04/09
FORBES
In the op-ed "A New B-School Speciality: Self-Awareness," Professor Pino Audia discusses the need for leaders to pay better attention to self-awareness and situational awareness. "To acquire knowledge about ourselves, to achieve self-awareness, we need to learn to rely on others' perceptions of us, not just out own," he writes. "Tuck's Center for Leadership seeks this goal by helping leaders learn about themselves with the help of feedback from their co-workers and peers. Then we help them interpret that feedback with instruction and peer coaching."
12/03/09
THE WALL STREET JOURNAL
It is impossible to tell whether actively managed funds that beat the market do so out of luck or skill, according to a new study by the professors who've championed index investing for years. The finding means that investors can't know for sure how good their active manager is, say Professor Kenneth French and his research partner at the University of Chicago Booth School of Business, Eugene Fama.
12/03/09
AOL DAILY FINANCE
Store brands have gained ground among consumers in recent years, but their popularity among thrifty shoppers may be overstated, a new study by Professor Kusum Ailawadi shows. Ailawadi's study looked at the phenomenon of how households adjust their food spending to accommodate rising gas prices, the types of stores consumers choose for shopping, and whether consumers purchased national brands or private labels.
12/1/09
ENTREPRENEUR
Professor Richard D'Aveni asks, "Are you facing a commodity trap?" in a recent op-ed. Over the past decade, D'Aveni developed a framework to help companies better understand the dynamics of price-product benefit positioning and to sharpen their own strategies for handling rampant commoditization. "To succeed over time, firms must manage commoditization by influencing the momentum, threats and market power posed by rivals driving the process of commoditization," he recommends. "By improving their power over real prices, firms can actually beat their commodity trap rather than simply trying to outpace it."
12/1/09
ECONOMIST (UK)
The newsmagazine seeks to answer the question "How do business schools remain relevant in today's changing world?" by doing a Q&A with Dean Paul Danos and another prominent business school dean. Danos discusses Tuck's research-to-practice seminars and how a group of the school's faculty members are voicing their opinions about future regulation in the U.S. and Europe.
11/30/09
USA TODAY
The Energy Department is preventing U.S. subsidiaries of foreign corporations from full participation in a $400 million program designed to develop "transformational" technologies. The issue is that the definition of an American company has changed over the past 50 years, says the Organization for International Investment. OFII, the trade association, recently released a study authored by Professor Matthew Slaughter that highlights the energy research conducted in the U.S. by foreign-owned companies. Slaughter finds that the companies' U.S. subsidiaries accounted for almost 15 percent of the nation's total $39.8 billion in research and development spending in 2007.
11/30/09
BUSINESSWEEK
The article "In Hunt for Students, Business Schools Go Global" explores the ways b-schools are attracting prospective students from emerging countries. Tuck has an in-country admissions officer in Uruguay, Kristine Laca, who focuses on recruiting in Latin America. "By being down here, speaking the language, and connecting with students more frequently, I've discovered nuances in the market that help Tuck to be more effective in its outreach," Laca says. Tuck also runs a "Student Ambassadors" program in which students volunteer for the admissions office while back in their home country during school breaks. "It's a creative way to have events where admissions representatives don't always have to be there," says Dawna Clarke, admissions director.
11/28/09
VALLEY NEWS
The newspaper runs a feature on Kate Ryan Reiling T'09 and the board game she created, Morphology. The idea for Morphology began before Reiling entered Tuck, and during her two years at the school, Reiling used her business coursework to refine the rules and design of the game. After graduation, Reiling decided to stay in the Upper Valley and launch her game regionally. "What we've found is that people are really excited about buying a product that was invented locally," she says.
12/08/09
FOX BUSINESS
Professor Anant Sundaram appears on the news channel to discuss what future business leaders should focus on during the climate change summit. Sundaram, who is taking eight students to Copenhagen, touches on the potential collective cost of a carbon tax for the S&P 500, EPA regulation, ‘climategate,’ and his Business and Climate Change class. Sundaram says he wants his students to think about why CEOs should care about climate change and what they can learn from forward-thinking companies that are reducing carbon emissions before regulation is passed.
11/24/09
U.S. NEWS & WORLD REPORT
The publication provides 10 tips on how to get your retirement finances in order for 210. One suggestion is to set manageable savings goals, Professor Punam Keller suggests. Making a list of what you will use your retirement stash for makes saving less of a sacrifice, she offers. "You can actually see it going towards something concrete rather than just aiming for $1 million."
11/21/09
FINANCIAL EXPRESS (INDIA)
India's oldest financial daily runs a Q&A with Professor Vijay Govindarajan about his time as chief innovation officer at GE. "The GE experience has been extraordinary for me," he states. "How many faculty members get an opportunity to have a front row seat to see a real company make real decisions in real time, especially during these extraordinary times in the past 24 months?" Govindarajan is also featured in Business Today.
11/15/09
PINK
The magazine puts together a list of the eight reasons why one should get an MBA now. One incentive to pursuing an MBA is that it creates your legacy now. Ethics and community reinvestment are popular at business schools, and the magazine cites the Allwin Initiative for Corporate Citizenship as an example. "Allwin was developed to proactively integrate social and environmental consciousness into Tuck's MBA curriculum," the article states.
11/13/09
BUSINESSWEEK
The article "How One Private Equity Firm Beat the Odds" follows Castle Harlan and affiliate CHAMP Private Equity as they announced the sale of United Malt Holdings to an Australian company. This sale is considered a rare private equity success given the current economic situation. Professor Colin Blaydon discusses the three ways that private equity firms can make money for their investors, and uses Castle Harlan’s improvement of UMH and its subsequent sale as one example. Blaydon was also tapped by Business News Networkto discuss the current state of private equity.
11/11/09
VOCE S/A (BRAZIL)
Dean Paul Danos discusses the executive education market in Brazil post economic crisis. He finds that executives are becoming increasingly concerned with the impact their financial decisions have on the public.
11/11/09
FINANCIAL TIMES (UK)
The recent Judgment Call column asks experts to weigh in on GM's decision not to sell its Opel and Vauxhall subsidiaries to Canada's Magna and Russia's Sberbank. "Boards have a fiduciary responsibility to do what they deem necessary to protect and increase shareholder value," Professor Sydney Finkelstein says. "This is not a perfect solution, but GM's board is newly empowered, has the implicit support of the US government, and has adopted an almost 'devil may care' attitude." Finkelstein suggests that GM's cavalier approach to stakeholders may have a price down the line, but right now its focus is on survival.
11/10/09
BNET
The web site does a three-part series on Professor Ella Bell and her forthcoming book, Career GPS: Strategies for Women Navigating the New Corporate Landscape. Bell comments on the challenges for women in today's workplace, such as continuous exclusion from business networks and new pressures brought on by technology and globalization. But despite these issues, Bell says that it is currently a great time for women in the workforce, and she provides tips on how women can take advantage of the current working conditions. The series ends with Bell addressing women's unhappiness in the workplace. "I'm not sure if women are unhappy or if they feel they're not being given the same opportunity as men," she states.
11/09/09
FORTUNA (ARGENTINA)
Professor Richard D'Aveni writes an op-ed about the decline of the American empire. He compares the US to ancient Rome and suggests that the US is suffering from a confluence of strong rivals, weakened population, government incompetence, a falling domestic economy, and excessive global ambitions. D'Aveni posits that these problems can be solved, but they require a deal between Americans and their leaders.
11/03/09
BLOOMBERG
The wire looks at the volatile real estate market of the past year and examines where it will go in the future. "It will be a long time before people think of owning a home as a good investment again," Professor John Vogel says. "A lot of what drives housing is psychological, and right now there's a distinct lack of confidence in real estate."
11/05/09
NEW HAMPSHIRE PUBLIC RADIO
Dean Matthew Slaughter talks about the declining U.S. dollar on The Exchange, a call-in radio show. He addresses the positives of the declining dollar, saying that it makes U.S. businesses more competitive in international markets. "This is part of how we are going to build up our capacity to repay the U.S. debts in the future," he suggests.
11/1/09
BLACK ENTERPRISE
As the economy goes into recovery, some small business owners are looking to move beyond survival mode and grow their venture. To ensure longevity, their efforts need to be organized, thorough, and realistic. "Most people make the mistake of being reactive," Professor Leonard Greenhalgh suggests. "They wait for opportunities to come to them. But that's not strategic, that's just opportunistic." Greenhalgh advises that small businesses should constantly be in a new product development stage to create profitability for the future.
10/30/09
PBS NIGHTLY BUSINESS REPORT
The financial news program continues its series "The Climate Economy," by reporting on what climate change could mean for the bottom line. Professor Anant Sundaram provides an estimate of the collective cost of carbon emission for the companies in the S&P 500 and posits that the collective price will be between $60 and & $80 billion annually.
10/30/09
TERRA ECO (FRANCE)
The magazine runs a Q&A with Professor Anant Sundaram about the Business and Climate Change elective he teaches, why he created the fossil fuel beta, and the reasons behind why some in the US are reluctant to reduce greenhouse gas emissions.
10/29/09
NPR MARKETPLACE
The radio program previews a recent House Financial Services Committee hearing. It explores the potential for the FDIC to require financial firms to pay into a fund that the government would use if a financial firm failed. Dean Matthew Slaughter says it's still up in the air as to how the scheme might work and who would be asked to pay.
10/29/09
APERTURA (ARGENTINA)
In a Q&A with the magazine, Dean Paul Danos talks about how Tuck compares to other top business schools, why it maintains its small class size, and the benefits of a full-time program. "I think full-time programs are an unique opportunity in life," he says. "It's kind of a retirement for two years during which students can devote themselves completely to their training."
10/28/09
FOX BUSINESS
Professor Espen Eckbo appears on the news show to discuss Ken Feinberg's success as pay czar. Eckbo says that Feinberg is doing more than just limiting pay, he is also helping to change the way boards operate and is separating the CEO and chairmanship position.
10/21/09
THE WALL STREET JOURNAL
Pay czar Kenneth Feinberg's crackdown on executive pay and corporate governance at seven federally assisted companies significantly raises government involvement in corporate America—and could have unintended consequences, several experts say. The government's move "is a seismic shift," Professor Espen Eckbo suggests. But the broader impact will be "much more significant from the governance side," he adds. Forbes, Reuters, and the Christian Science Monitor also tapped Eckbo for his expertise on this matter.
10/15/09
THE WALL STREET JOURNAL
The newspaper looks into the trend of business students asking for more classes that focus on social entrepreneurship. Some administrators say the rise in interest is because of a generational progression where students have grown up more socially aware, while others think it is because of the current economy. Professor Gregg Fairbrothers points out that a for-profit enterprise with a socially responsible backbone is more attractive to nervous investors during economic turbulence than traditional business plans. "Financing is tough for start-ups," says Fairbrothers. "For investors to take a risk with you, it helps to have a tangible social good coming from it, not just the promise of a fat IPO that will make everyone rich." Mac Dougherty T'09 is doing just that. He joined forces with two computer science and neuroscience professors to market the services provided by a microprocessor that powers computer servers. Not only would the technology be greener, Dougherty says, but it could also be useful in developing countries where energy shortages are the norm.
10/6/09
FINANCIAL TIMES (UK)
Dean Matt Slaughter writes an op-ed urging policymakers to focus on fixing the persistent problem of income inequality. "Between 2000 and 2008, only workers with a professional postgraduate degree enjoyed increases in mean real money income, while all other educational cohorts suffered falls," Slaughter points out. For an immediate effect, he provides three proposals for policymakers: Encourage the global engagement of multinational companies that have U.S. operations, direct any fiscal redistribution at the right target, and overhaul and expand America's antiquated labor-market-adjustment programs.
10/5/09
BUSINESSWEEK
The article "Why Veterans Are Saluting Business Schools" looks at the new Yellow Ribbon program, which is designed to make out-of-state public colleges, private institutions, and graduate programs more affordable for eligible veterans. Unlike many schools that have put a cap on how many students can participate in the program, Tuck is allowing an unlimited number of veterans to take advantage of the program. "Hopefully, [the Yellow Ribbon program] will encourage people to apply who may not have done so in the past," says Diane Bonin, director of financial aid. "We are looking to support the military and expand the military presence on campus, so we felt it was important to provide support to everyone who is entitled." This fall there are 11 veterans at Tuck who qualified, one of whom is Peter Simms T'11. Simms was able to get his second year of tuition completely covered because he met the requirements of the new benefits. "It is a great thing, especially in this economy, not to have that kind of financial burden on my back," Simms states. "It also sends a really strong signal to military candidates that the schools value what you have to offer."
10/5/09
LE FIGARO (FRANCE)
The article looks at Europeans who decide to attend U.S. business schools. When Claude-Olivier Coutant T'05 decided to get his MBA, his choice was clear: either attend one of the best MBA programs or continue with his job in auditing and investment banking. "I chose Tuck, which is one of the best American MBAs, because of its small size," Coutant states. "Also, the faculty is excellent, the staff is skilled and thoughtful, and the campus is pleasant." To keep Tuck as an option for international students, the school partnered with Dartmouth to create a new loan that does not require a U.S. cosigner for international students.
10/2/09
TIMES OF LONDON (UK)
The article "Challenge over tea" explores how the not-for-profit sector is increasingly becoming part of business education. Many MBA students have a highly developed sense of giving back to the community, which is reflected in formal and informal ways, including volunteering projects. More than 250 incoming Tuck MBA students spent time working with charities in the Upper Valley as part of Community Outreach Day during orientation week. Some students may continue their work with the local organizations by doing pro bono consulting throughout their time at Tuck.
10/1/09
THE WALL STREET JOURNAL
"Ken Lewis leaves Bank of America with one last present—a CEO succession mess," writes professor Sydney Finkelstein in an op-ed about Lewis' recent announcement that he is retiring from BofA. Finkelstein posits that Lewis' notice to leave his post by year-end will not provide apparent top candidates enough time to prove they have the right skills to be the next CEO. He suggests that there is little reason to leave Lewis in the CEO slot and that the board will need to quickly take charge of the succession process. Finkelstein was also sought for his expertise on BofA by the Associated Press and Bloomberg.
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