News

Making Billions With One Belief: The Markets Can’t Be Beat

Cites research conducted by Kenneth French and his colleague Eugene Fama that shows stocks with smaller market capitalizations—including those trading at low prices relative to their asset values and those with above-average profitability—outperform in the long run.

Oct 20, 2016

Bringing Light to the Grey Gconomy

Cites research conducted by Rafael La Porta in an article about the impact that an informal economy versus a formal economy can have on a country due to tax losses. “In poor countries the average formal firm employs 126 people, compared with just four for informal ones, according to La Porta,” writes The Economist.

Oct 15, 2016

Pro: Samsung Can Survive Phone Crisis

As a guest on CNBC's “Power Lunch,” Paul Argenti discusses Samsung's Galaxy Note 7 crisis and where the company stands in terms of damage control. “I’m not worried about the company surviving, but the product is another story,” says Argenti.

Oct 11, 2016

Two Ways to Break into India’s Consumer Market

An opinion piece co-authored by Vijay Govindarajan about how multinational companies can enter the market in India by leveraging the county’s supply chain and taking advantage of its growing e-commerce. “Nimble global consumer companies looking for growth can accelerate their entry into India while mitigating their risks if they use one or both strategies,” writes Govindarajan.

Oct 10, 2016

Surveillance: Gross Says Job Report Won’t Bar Fed Rate Increase

As a guest on "Bloomberg Surveillance," Peter Fisher talks about the U.S. economy. "We wish we had more of an acceleration in this recovery. We wish we were doing better in some terms, but we're doing pretty well especially compared with the rest of the world—just looking at the level of our unemployment, the level of our GDP. It's disappointing, but it’s also better than the neighborhood, absolutely,” says Fisher. He also comments on the Fed targeting low-level volatility.

Oct 07, 2016

Vogel: Housing Bonds

In his latest VPR interview, John Vogel discusses how the solution to the housing problem in Vermont may be housing bonds—taking advantage of Vermont’s high credit rating and today’s incredibly low interest rates.

Oct 03, 2016

Why the Best Leaders Want Their Superstar Employees to Leave

Sydney Finkelstein explains how an organization can become more resilient, sustainable and successful over the long term by letting top performers leave. “To win big, we can no longer afford to keep our best talent to ourselves,” says Finkelstein. “We have to be willing to lose it. Our talent will be better off, and so will we.”

Oct 02, 2016

5 Ways Smart Leaders Ruin Companies

Cites research by Sydney Finkelstein, where him and his colleagues studied 51 of the business world’s most notorious failures—interviewing CEOs and people from all levels. “He and his team found that the poor decisions these smart leaders made were sometimes intentional and sometimes accidental, but they always followed a clear pattern of hubris that ensured even the most successful enterprise could be run into the ground,” writes Forbes.

Sep 27, 2016

Four Quotes from the First Clinton-Trump Debate, Explained

Emily Blanchard participates in an analysis of last night's presidential debate at Hofstra University. "Trade—together with technology—has undeniably reshaped the American labor market over the past decade, partly at the expense of middle class workers. But with the line about Chinese currency policy, Trump struck wide of the mark," says Blanchard.

Sep 27, 2016

What Happens When a Business Goes Before Congress

As a guest on CNBC's Power Lunch, Sydney Finkelstein discusses what it means to a company when it gets called to testify before Congress. “When you go to a Congressional testimony you know what’s happening, you know exactly what the playbook is going to look like,” says Finkelstein. “Therefore, show up and be ready with stuff you’ve thought about.”

Sep 22, 2016

How to Be a ‘Superboss’ (or Hire Like One)

As a guest on WNYC’s “Money Talking,” Sydney Finkelstein talks about what qualities make a boss a “superboss” and why their hiring practices can make for a better workplace. Finkelstein also addresses the question, “is a ‘superboss’ necessarily a ‘supermanager’?”

Sep 22, 2016

Make America Great Again—Invest in High-Skilled Immigrants

Cites the paper, “High-Skilled Immigration and the Rise of Stem Occupations in U.S. Employment,” co-authored by Dean Matthew Slaughter in an article about the importance of hiring high-skilled foreign workers for the growth of America. "In their analysis, economists Gordon H. Hanson and Matthew J. Slaughter found that foreign-born workers currently account for a 'disproportionate' share of specialists in the STEM fields, despite the relatively limited numbers of employee-sponsored (140,000) and H-1B (85,000) visas available to skilled workers within the current immigration system," writes Pacific Standard.

Sep 21, 2016

Peter Fisher: There Must Be Some Angst at Fed

As a guest on "Bloomberg Markets," Peter Fisher discusses how a divided Federal Reserve left its policy interest rate unchanged to await more evidence of progress toward its goals. “I think there is a bigger issue that they have to confront” says Fisher. “Are they getting ready for the next recession or are they going to try to normalize policy?”

Sep 21, 2016

It’s About Fed’s Path Not Policy: Peter Fisher

Peter Fisher discusses why Fed policy must be clarified. “They’re way too focused on tactics and not enough on strategy so we are always debating whether or not they are going to move 25 basis points, which isn’t that important,” says Fisher. “And we don’t seem to get a lot of focus or clarity around what the strategy is.”

Sep 19, 2016

RPT-Sensing Threat, UPS Plans to Expand Its 3D Printing Operations

Quotes Richard D'Aveni, Bakala Professor of Strategy, in an article about United Parcel Service's plans to expand its 3D printing service to Asia and Europe in an attempt to get ahead of a trend that could otherwise take away a portion of their business. "Why wait a day for a part to arrive (from UPS) when you'll be able to innovate six times a day on your own?" says D'Aveni. Via Reuters.

Sep 19, 2016

A Delicate Balance

Cites comments by Vijay Govindarajan in an article about the recent hostility towards U.S. businesses and the impact on policymakers. “Vijay Govindarajan points out that big companies can solve economic and social problems that are too big for small companies and too complicated for governments,” writes The Economist. “They have the financial muscle to make long-term investments, the global scale to mobilize resources across borders and the management skills to deliver on their promises.”

Sep 16, 2016

How Much Can the N.H. Governor Actually Do?

Former Governor John Lynch, senior fellow for the Center for Business, Government & Society, discusses the importance of the New Hampshire governorship. “I think there’s an assumption that the governor’s office in New Hampshire is weak," Lynch says. "But I think that’s incorrect. I think the governor in New Hampshire has a lot of responsibility, accountability, and authority, to get things done."

Sep 13, 2016

Anand Mahindra Makes His Mark in India and Abroad

Quotes Vijay Govindarajan about the growing success of Anand Mahindra, chairman of India-based Mahindra Group. "Great leaders have to be able to look through a microscope to deal with today's issues, and through a telescope to position for the future, and he has been able to do both well," says Govindarajan.

Sep 10, 2016

Van Ostern Puts Private Sector Experience at Center of Gubernatorial Bid

Quotes Sydney Finkelstein about Democratic gubernatorial candidate Colin Van Ostern T'09, and how Van Ostern's political experience influenced his studies. "He was known as one of the more politically alert students," says Finkelstein. "I think he was someone who had a bigger potential contribution in mind."

Sep 06, 2016

Tuck Takes MBAs on Bay Area Marketing Trek

Quotes Jonathan Masland, director of the Career Development Office, in a feature article about Tuck’s recent Career and Insights Exploration (CIX) trip to San Francisco’s Bay Area where students spent time at companies such as Facebook, Clorox, Microsoft, McKinsey, and Old Navy in addition to upstarts like energy-focused Nest and Atieva. “If you can expose people earlier to information around the careers, they can be better grounded and have a better context for their two years of an MBA,” says Masland.

Sep 05, 2016

Dartmouth Tuck: A Place For The ‘Joiners’

An interview with Daniella Reichstetter, co-executive director of the Center for Private Equity and Entrepreneurship, about her new role at the center and helping people understand that entrepreneurship isn’t just starters but also “joiners.” “Those are people who do really well at early stage companies,” says Reichstetter. “They can provide a balance to the starters in a variety of ways.”

Aug 29, 2016

How to Manage Managers

Quotes Sydney Finkelstein about how managing managers is comparable to managing anyone else—align their goals with yours, provide feedback, and help advance their careers.

Aug 29, 2016

Why You Don’t Want a Nice Boss

In his latest piece for "Syd Weighs In," Sydney Finkelstein discusses how a tough, demanding manager will push you to do your best work. "'Nice' bosses may feel good about themselves, but they don't get world-class results. Demanding bosses do," says Finkelstein. "If you aren't getting better at whatever you do for a living, and learning and growing in the process, you're not just standing still, you’re really falling behind."

Aug 25, 2016

The EU Is Creating a Hostile Work Environment…For Employers

Cites research by Dean Matthew Slaughter in an article about the European Parliament’s tax committee and the European Commission pursuing a “reform agenda” to investigate previous, mutually agreed-upon tax payment structures. Slaughter’s research found, “More than 28 million Americans were employed at multinationals, while just over one-fourth of these firms had U.S. parents classified as small or medium establishments by the federal government,” writes Forbes.

Aug 25, 2016

Corporate Ethics In The Era Of Millennials

An opinion piece by Paul Argenti about how millennials are choosing to spend their resources—be it time or money—on organizations that are investing in corporate social responsibility. “Although each generation bemoans the faults of the following ones, perhaps it's time we give millennials credit where credit is due: They are forcing business to do good while doing well,” says Argenti. “Companies need to rise to this challenge quickly or risk becoming an anachronism.”

Aug 24, 2016

Superbosses Aren’t Afraid to Delegate Their Biggest Decisions

Sydney Finkelstein explains specific behaviors and beliefs that are unique to “superbosses,” allowing them to delegate decision-making authority more aggressively. “If you lay the groundwork, delegating decisions ceases to be nerve-wracking,” writes Finkelstein. “It becomes what it should be: natural, exciting, and value-creating for boss and employees alike.”

Aug 24, 2016

First Republic: Is It Wrong to Build a Bank for Wealthy Clients Only?

John Vogel comments on the ethics and legality of banks like the First Republic catering to the rich. The law specifies that “banks should not just lend to rich people," says Vogel. But "there aren’t any kind of criteria that say what percent of mortgages” have to go to lower-income people.

Aug 16, 2016

Fear Trumps Free Trade in US Fortress of Solitude

Quotes Dean Matthew Slaughter about how benefits of trade must be shared more equitably in response to remarks made by presidential candidate Donald Trump about free trade agreements. "I think we've missed an opportunity in the United States for many years, to have a discussion about our social safety net [because] in some basic sense, the narrative for why trade and globalisation are good is lost right now," says Slaughter.

Aug 06, 2016

The Waste-Waist Dilemma

An opinion piece by Punam Anand Keller examines the paradoxes of food waste, insecurity and obesity. “While U.S. consumers throw out enough food each year to feed 25 million Americans, 17.5 million households were food insecure in 2013, and more than two-thirds of U.S. adults are overweight or obese,” says Keller.

Aug 01, 2016

Clinton Vs. Trump: Profs On Leadership Styles

Sydney Finkelstein analyzes the strengths and weaknesses in the different management styles between presidential candidates Hillary Clinton and Donald Trump. “They are really different, but there are also some really interesting connections,” says Finkelstein. “For example when you talk about self-confidence: They end up in the same place, but one takes a long time and a lot of analysis to get there, and the other one gets there very quickly.”

Jul 30, 2016

Research: Narcissists Don’t Like Flat Organizations

A piece co-authored by Alexander Jordan examines the relationship between organizational structures and the types of people these structures attract. Research shows that hierarchical organizations attract narcissists due to the ability to gain power quickly. “CEOs should recognize that changing a firm’s structure will consequently change its pipeline of job candidates, as well as its ability to retain some existing workers,” writes Jordan.

Jul 27, 2016

Profile: Tuck School of Business Professor Vijay Govindarajan Preaches Reverse Innovation

An article profiles Vijay Govindarajan and discusses his inspiration for the concept of reverse innovation and the three-box framework. “Inspired by his grandfather’s example, Govindarajan’s purpose in life is to positively influence the broader world through education,” writes Enterprise.

Jul 25, 2016

How to predict Olympic results before the Games even start

A feature article about the Rio 2016 Olympic medal predictions made by Camila Gonzales T'16, using a formula created by Professor Andrew Bernard. Gonzales says that Russia’s ban has introduced some uncertainty into the predictions. “We could have a few surprises. In some ways, it could make the Games more egalitarian, because if you don’t have a huge player that wins a lot of gold medals, there is an opportunity for other countries.”

Jul 22, 2016

To Waste Food Is Human, But We Can Stop

An opinion piece by Punam Anand Keller examines the psychological factors—stemming from evolutionary roots—that cause humans to unconsciously waste food. “Human beings come pre-loaded with instincts and traits, and wasting food may be one of them,” says Keller. “But they are not deterministic. With a little awareness and the right strategies, we can outsmart ourselves for the betterment of our health and society.”

Jul 21, 2016

How Amazon Adapted Its Business Model to India

An article co-authored by Vijay Govindarajan, explains how Amazon reinvented its ecosystem to adapt to the e-commerce enterprise in India. “When Amazon.in debuted, many Indians feared the online behemoth would put them out of business,” writes Govindarajan. “Instead, Amazon has enlisted mom-and-pop store owners as partners in its delivery platform.”

Jul 20, 2016

Why we loathe leadership training

In his latest piece for "Syd Weighs In," Sydney Finkelstein, shares four rules on how to generate and regenerate talent on a continual basis. "Vast amounts of money—into the tens of billions—are spent on leadership training every year, but the return on investment almost certainly doesn't match up," says Finkelstein. "Despite this, senior executives continue to give the green light for another round, magically hoping that results will materialize while not doing anything different. It's not easy, but why handcuff yourself from the start? Maybe it's time to start following some new rules."

Jul 20, 2016