Deans At Penn’s Grad Schools Urge Students To Vote Against A Union
News from The Wharton School at the University of Pennsylvania
“As Penn’s graduate students move closer to a vote on whether student workers can unionize, the University has increased its efforts to prevent the union from forming.
“Graduate students, led by the pro-union organization Graduate Employees Together-University of Pennsylvania, received permission in December 2017 from the Philadelphia National Labor Relations Board to hold an election deciding whether or not they will form a union.
“While Penn has not been shy about its opposition to graduate students unionizing in the past, administrators now have been taking a more active role in the past week in reminding students of what they see as the possible negative consequences associated with a unionization vote.”
Kenan-Flagler Business School Proposes Tuition Increase For Students
News from UNC Kenan-Flagler Business School
“The Kenan-Flagler Business School has proposed a $2,000 fee increase for undergraduate business majors and a $1,000 increase for business minors beginning in 2018-19 in order to accommodate the rising demand for the major.
“‘Business is one of the most popular majors among American college students and at least one of the things that causes interest is the good starting salaries students receive (upon graduation),’ said Douglas Shackelford, the dean of the business school.”
Duke Fuqua Dean Bill Boulding
Boulding Re-Appointed To 5-Year Term As Fuqua Dean
News from Duke University Fuqua School of Business
“Bill Boulding, who has served since 2011 as dean of The Fuqua School of Business, will serve another five-year term through June 30, 2023, President Vincent Price and Provost Sally Kornbluth said today.
“The reappointment follows the recommendation of a review committee chaired by engineering professor Jeffrey Glass.
“A nationally recognized scholar of marketing and management, Boulding has bolstered Fuqua’s interdisciplinary collaborations around campus, developed its international strategic partnerships and strengthened existing degree programs.”
Scott Galloway speaking at a conference in Munich in late January
Stern Professor: Break Up The Big Tech Companies
News from NYU Stern School of Business
“Stern School of Business Professor Scott Galloway spoke about his predictions for the future of the tech industry last month in Munich at the Digital Life Design global conference, a three-day event during which speakers present their research findings on patterns and developments in businesses.
“Not only is Galloway a professor at NYU, but also the founder of L2 Inc, a business intelligence firm that analyzes and advises brands’ digital performances. At last year’s conference, Galloway correctly predicted that Amazon would acquire Whole Foods and that hacking, phishing schemes and ransomware would reach crisis proportions — proven in 2017 when Equifax, Uber, the Securities and Exchange Commission and Chipotle were all hacked.
“Galloway claimed that he risks losing some of his clients — companies represented by L2 — over his idea of breaking up big technology.”
LBS Awarded Major Donation By Co-Founders Of Lonely Planet
“The co-founders of publishing giant Lonely Planet have donated £10 million to London Business School, it was announced last month.
“The donation from philanthropists Tony and Maureen Wheeler will fund LBS’s newly established Wheeler Institute for Business and Development, which will apply business and entrepreneurship solutions to tackle the most pressing social and economic problems in the developing world.
“With LBS at the forefront of world-class business research, there is a real opportunity to apply rigorous insights from business and entrepreneurship to some of the developing world’s greatest challenges, from healthcare delivery to post-conflict recovery, and from poverty alleviation to gender equality. The Wheeler Institute will create a platform for collaboration, learning, and action for experts and change makers from business, government, NGOs, and academia.”
How Businesses Can Best Use Content Marketing To Generate Leads
News from Northwestern University Kellogg School of Management
“It’s your lunch break, but instead of chatting with colleagues or idly scrolling through Twitter, you eat your sandwich at your desk and tune in to a 60-minute webinar offered by a consulting company.
“The consultants hope that when you have finished the webinar (and the sandwich), your company will be more likely to purchase their services. Is that the case? Or would the consultants have been better off sending a representative to lead a lunchtime workshop or inviting you to a seminar they sponsor?
“The webinar is the winner, according to new research from Bobby Calder, a professor marketing at the Kellogg School, and Wei-Lin Wang, Edward Malthouse, and Ebru Uzunoglu, all of the Medill School’s Spiegel Research Center.”
5 Factors That Fuel Income Inequality
News from University of Virginia Darden School of Business
“Peter Belmi still remembers how surprised he was when one of the Stanford Graduate School of Business courses he took, called Paths to Power, turned out much differently than he expected.
“Belmi, now a professor at the University of Virginia’s Darden School of Business, thought he would be hearing about the work and sacrifice it took for executives to reach the top of their field, and he did hear some of that. Mostly, though, the class was a lesson in workplace politics, power plays and the competitive – and sometimes not so meritocratic — advancement dynamics in many corporate structures in Silicon Valley and elsewhere.
“’Having always heard that hard work will lead to success, I freaked out,’ he said. ‘I struggled to accept the idea that it was necessary to engage in political maneuvering to get ahead. Or at least, it seemed as if there was this widespread idea that you needed to play politics to get ahead in most workplaces in the U.S. If that was what it took to have power, did I even want it?’”
Adam Kleinbaum co-authored the recent study on friendship
Dartmouth Study: Friends Think Alike
News from Dartmouth College Tuck School of Business
“Researchers at Dartmouth College have applied hard data to once-philosophical questions about the nature of friendship, using brain scans to track how friends think alike.
“Using magnetic resonance imaging technology, a trio of scientists recently mapped the social networks and neural responses of an incoming class of students at the Tuck School of Business. The results, published in Nature Communications last month, show that the closer people are socially connected, the more they think alike.
“’We thought this would be a great tool to see if people really do see the world more similarly when they’re friends,’ said Thalia Wheatley, an associate professor of psychology who co-authored the study with Adam Kleinbaum, an associate professor of business at Tuck, and Carolyn Parkinson, an assistant professor of social psychology at University of California Los Angeles who recently completed her graduate work at Dartmouth.”
When Winning Means Losing In Negotiations
News from INSEAD
“A common belief is that when we negotiate, we should push hard to get the best possible deal. Indeed, sometimes choosing a power-based strategy and pushing hard can yield great deals. Other times, power-based negotiations can raise resistance and lead to an impasse. But failure aside, the two most likely outcomes of power-based negotiations have long been assumed to be this: If you have more power than the counterparty, you win; otherwise, you lose. However, new research shows a third possible outcome: You may win, but you don’t get the value you expected.
“Indeed many negotiators become emotionally attached to a desired outcome and lose sight of the bigger picture. They develop negotiation tunnel vision and forget to craft a deal that produces the best actual results. After the excitement of closing their preferred deal, comes the reality and constraints their counterparty will face when delivering on commitments. Saying yes is often just the beginning of the relationship and what we then do may frame it in good or bad ways.”
Lagos, Nigeria
What Does Entrepreneurship Look Like In An African Context?
News from Yale School of Management
“With cooling commodity prices, Africa’s economies are no longer seeing the rapid growth that led to hopes of a continent-wide rise just a few years ago. Nonetheless, there’s a promising trend: young Africans who went overseas for their education returning with advanced degrees and a determination to make a difference.
“Surveys found that 70% of African MBA students from top U.S. and European business schools and 90% of African PhD students plan to return to work in Africa. ‘There is a sense of responsibility,’ said Guy Kamguia, a Cameroonian-American with a Harvard MBA, talking with Quartz, ‘There’s a genuine sense that if you’re not going back to fix Africa, who is going to do it?’
“While the ‘brain gain’ may be picking up its pace, it’s by no means a new phenomenon. A generation ago, Hakeem Belo-Osagie earned a law degree from Cambridge University and an MBA from Harvard. In a conversation at Yale SOM, he talked about applying business school tools effectively in a developing economy context.”
GreenLight Workshop Combines Environment, Business
News from Yale SOM
“Walking past Evans Hall in the School of Management last Friday afternoon, one would likely have noticed the array of Post-it notes stuck to the windows and the cries of ‘Yes, and?’ coming from within. The event was not, as it seemed at a glance, an improvisational comedy session, but rather a GreenLight ideation workshop that drew roughly 30 student participants.
“GreenLight, a program run by the Yale Center for Business and the Environment, was founded in 2014 by two graduate students pursuing joint degrees in the School of Forestry & Environmental Studies and School of Management. The program itself comprises a series of brainstorming workshops focused on solving problems at the crossroads of business and the environment.”
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