Sunday, March 4, 2018

B-School Bulletin: Carlson Students Protest Shapiro, Call Out Racism - Poets&Quants

University graduate student Noel Gordon Jr. speaks at the “White Supremacy in the Age of Trump” Anti-Racist Teach In at the Humphrey Forum on Monday, Feb. 26.

Grad Students Host Anti-Racist Teach-In During Ben Shapiro Event

News from University of Minnesota Carlson School of Management 

“As conservative commentator Ben Shapiro’s presence on campus Feb. 26 was met by protesters in St. Paul, about 40 people gathered on the West Bank at the University of Minnesota to hear presentations and discuss ideas opposing Shapiro’s view.

“The event, called ‘White Supremacy in the Age of Trump: An Anti-Racist Teach-In,’ sold out its 104-person venue a week ago. It featured about 30 minutes of presentations, while the rest was dialogue and discussion. ”

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A memory box filled by friends and a picture collage will be delivered to Kenzie Krogh’s family. Friends remembered Krogh as selfless, compassionate and genuine. Brian Meng/The Daily Northwestern

Students Gather To Celebrate Life Of Kenzie Krogh

News from Northwestern University Kellogg School of Management 

“Friends and members of the Northwestern community gathered Thursday (March 1) to honor and celebrate the life of Kenzie Krogh. Some of Krogh’s closest friends said they organized the memorial service to share stories and carry on her memory. They stressed her selfless compassion, saying that she would often put others’ well-being ahead of her own.

“Krogh, 20, a research assistant at at NU’s Relationships and Motivation Lab and teaching assistant at the Kellogg School of Management, died Sunday morning after being taken to Saint Francis Hospital by her friends the day before. The Evanston Police Department’s investigation into her death could take several more weeks, though Evanston police Cmdr. Ryan Glew said no foul play is suspected.

“Students, staff and other community members filled the Guild Lounge in Scott Hall for the memorial, prompting staff to lay out additional chairs. Krogh’s friends said they appreciated the turnout.”

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Loved Ones Remember Kenzie Krogh As Selfless Friend, Resilient Student

Kenzie Krogh

“Not long before her 21st birthday, Carlie Cope was window shopping at a stationery and gift shop with Kenzie Krogh, one of her closest friends.

“’She remembered every single thing that I pointed out, went back, bought it for me and gifted it to me for my birthday,’ Cope said. ‘It was the most generous, thoughtful gift. And that wasn’t a one-time thing — that’s just who she was.’

“Cope, a Weinberg junior, described Krogh as a selfless friend who ‘remembered little things about everybody.’”

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“We strongly put focus on the personality of each candidate,” said Laura Hoerhammer, spokesperson for the MBA World Summit.

Six Michigan Ross Students Named Among World’s 100 Most Inspiring MBAs

News from University of Michigan Ross School of Business 

“Six Michigan Ross students were recently named among the world’s 100 Most Inspiring MBAs, joining a select list of elite students from business schools around the world.

“Second-year Full-Time MBA students Daryl Brown, Krystal (Kae) Bradford, Miguel Corral, Brittany Thomas, and Matilda Narulita, along with Sanmeet Jasuja, MBA/MS ‘18, were selected from a long list of more than 2,000 applicants by the MBA World Summit.

“The six Ross MBAs will travel to Cape Town, South Africa this March to participate in the MBA World Summit. According to the organizers, the summit is a yearly gathering of the world’s best MBA talent focused on ‘nurturing a collaborative culture, facilitating high-impact exchange, and championing interdisciplinary approaches to global business and societal problems.’”

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Allan M. Filipowicz

Teaching Online Sharpens Instruction In The Classroom

“Allan Filipowicz, clinical professor of management and organizations at the Samuel Curtis Johnson Graduate School of Management, recently faced a seemingly impossible task: Teach three days of material in just one day.

“Cultural and language barriers made time even tighter. He usually taught the material, on the psychology of leadership, to MBA students in their late 20s who were native English speakers. This particular class was for Middle Eastern senior executives in their 50s for whom English was a second language.”

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This Club Means Business

News from NYU Stern School of Business

“Don’t let the name fool you — NYU’s Stern Rugby Football Club isn’t just limited to students studying at the prestigious business school. It serves as a unique athletic community for a breadth of NYU undergraduate and graduate students.

“Since it was founded in 1996 by a block of business students, the club’s mission has been simple: foster a social community for NYU students by providing the opportunity to learn and play a sport popular in the United States and around the world.

“Master of Business Administration candidacy nor experience are required to secure a spot oon the pitch. The club is non-exclusive and welcomes students from all athletic backgrounds and schools within the NYU network. The current team is an eclectic mix of undergraduate and graduate students who represent NYU’s School of Law, the Stern School of Business, Langone Health, the College of Arts and Science, the Gallatin School of Individualized Study and the Steinhardt School of Culture, Education and Human Development.”

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Flourishing Under An Abusive Boss? You May Be A Psychopath, Study Shows

News from Notre Dame University Mendoza College of Business

When you hear the term “psychopath,” you probably picture Charles Manson or Jeffrey Dahmer. Psychologists, however, define it as a personality trait, and we all fall somewhere along a scale from low to high levels of psychopathy.

In the workplace, employees respond differently to abusive management styles, in part due to their varying levels of psychopathy, according to a new study from the University of Notre Dame.

“Certain types of ‘psychopaths’ actually benefit and flourish under abusive bosses, according to Are “Bad” Employees Happier Under Bad Bosses? Differing Effects of Abusive Supervision on Low and High Primary Psychopathy Employees. The study is forthcoming in the Journal of Business Ethics by Charlice Hurst, assistant professor of management in Notre Dame’s Mendoza College of Business.”

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Are You Ready For Personalized Pricing?

News from University of Chicago Booth School of Business

“The introduction of the price tag was a big step forward for American retailing, and you can thank John Wanamaker. In the 1870s, Wanamaker purchased a former Philadelphia railroad depot and expanded his men’s clothing business to include women’s clothing and dry goods. Along with Macy’s in New York and other department stores popping up in major cities, Wanamaker’s Grand Depot revolutionized how people shopped, primarily by placing many different items under one roof. But it went a step further and changed not only where people purchased items but how they paid. It adopted the price tag.

“Until that point, pricing had involved a dance between clerk and customer. When a customer picked up a shirt and admired it, a clerk had to know how much the product cost the store, the overhead associated with storing it, competitors’ prices, and more. Meanwhile, he had to figure out, was the customer in a hurry and willing to pay more, or had he come prepared to negotiate for a steeper discount?”

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Ned Lamont ’80

Yale SOM Alumni Running For Governor In Two States

News from Yale School of Management

“Two Yale School of Management alumni have launched bids for governor in states with hotly contested races this year. Ned Lamont ’80 has entered the Democratic primary race in Connecticut, while Jonathan Heavey ’11 is seeking the Democratic nomination in Ohio. Both say their Yale SOM education encouraged them to think broadly about how to have an impact on their communities.

“A cable television entrepreneur, Lamont is making his third run for statewide office. He rose to national prominence when he defeated then-Senator Joseph Lieberman in the 2006 Democratic senatorial primary (Lieberman won the general election as an independent). In 2010, Lamont sought the Democratic nomination for governor, losing to then-Stamford Mayor Dannel P. Malloy, who was elected governor and reelected in 2014 but is not seeking a third term.”

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Why Financial Statements Don’t Work For Digital Companies

News from Harvard Business School

“On February 13, 2018, the New York Times reported that Uber is planning an IPO. Uber’s value is estimated between $48 and $70 billion, despite reporting losses over the last two years. Twitter reported a loss of $79 million before its IPO, yet it commanded a valuation of $24 billion on its IPO date in 2013. For the next four years, it continued to report losses. Similarly, Microsoft paid $26 billion for loss-making LinkedIn in 2016, and Facebook paid $19 billion for WhatsApp in 2014 when it had no revenues or profits. In contrast, industrial giant GE’s stock price has declined by 44% over the last year, as news emerged about its first losses in last 50 years.

“Why do investors react negatively to financial statement losses for an industrial firm but disregard such losses for a digital firm?”

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How Happy Talk Can Ruin M&As

News from INSEAD

“When mergers and acquisitions disappoint — as they do at least 50 percent of the time — a badly managed integration process is often to blame. Even deals with the greatest financial promise can be thwarted if the employees of one or both organisations aren’t on board. For leaders facing their own challenging integration, many experts emphasise the importance of a robust, persuasive communications plan.

“To me, this advice has a familiar ring. As a researcher specialising in strategic change, I have noticed a cross-cultural pattern of executives relying on their communication skills to win support during uncomfortable transition periods. Unfortunately, this faith is often misplaced. Communications strategies designed to convince through air-tight arguments ignore the fact that resistance to change is largely emotional, not rational. And because of what I call the trap of professionalism, i.e. the prevailing belief that emotions have no place at work, employees are reluctant to express their negative feelings openly. So as a starting point, change managers should be able to read the subtle, non-verbal cues that betray buried anxiety or opposition.”

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