Jack Welch
Jack Welch, who recently completed a remarkably productive 40-year career at General Electric, is an American business icon. During his 20 years as chairman and chief executive officer of GE, from 1981 to 2001, Welch turned the company into one of America’s most admired and consistently profitable companies. Managing businesses as diverse as the NBC television network, GE Capital, and GE Power Systems, Welch pioneered … [ Read more ]
Content: Thought Leader | Source: STERNbusiness (NYU) | Subject: Management
Supply Chains
Many firms held up as examples of successful knowledge management have developed comparatively long-lasting supplier links. But research has shed little light on whether and how firms with shorter links may benefit from knowledge-intensive sourcing, and on how the benefits of knowledge transfer vary with link duration. And while past studies show that buyers benefit when suppliers are intensively and durably involved in knowledge exchange, … [ Read more ]
Content: Article | Authors: Hiroshi Domoto, Masaaki Kotabe, Xavier Martin | Source: STERNbusiness (NYU) | Subject: Operations
Effects of Organizational Silence
Dynamics Giving Rise to Organizational Silence
Robert Engle
On October 8, it was announced that Robert Engle, Michael Armellino Professor of Finance at NYU Stern, was awarded the Nobel Prize in Economics along with Clive Granger, his longtime colleague at the University of California at San Diego. Engle, 60, a Stern professor since 2000 and a pioneer in the field of econometrics, was cited for the development of Autoregressive Conditional Heteroskedasticity (ARCH), a … [ Read more ]
Content: Thought Leader | Source: STERNbusiness (NYU) | Subject: Management | Industry: Education / Training
The Keys to Success
For 150 years, Steinway & Sons has set the standard for the quality manufacture of pianos. The secret to its longevity: a mix of old-world craftsmanship and modern-day management techniques.
Content: Case Study | Author: David Liebeskind | Source: STERNbusiness (NYU) | Subjects: Industry Specific, Strategy | Industry: Music
Jeffrey Immelt
Jeffrey Immelt is Chief Executive Officer and Chairman of the Board at General Electric (GE). GE operates in more than 100 countries and employs over 300,000 people worldwide, including more than 168,000 in the United States. With revenues of over $131 billion in 2002, the diversified conglomerate has the largest stock market capitalization among U.S. companies. Mr. Immelt joined GE in 1982, after having received … [ Read more ]
Content: Thought Leader | Source: STERNbusiness (NYU) | Subject: Management
Hank McKinnell
Hank McKinnell is Chairman and CEO of Pfizer Inc, the world’s largest research-based pharmaceutical company. With 120,000 employees – including 97 Stern alumni – Pfizer had 2002 revenues of $32.4 billion and a research and development budget of $5.3 billion. Familiar Pfizer products include the prescription drugs Celebrex, Lipitor, Viagra, and Zoloft, and over-the-counter products like Benadryl, Listerine, and Lubriderm. McKinnell, a graduate of the … [ Read more ]
Content: Thought Leader | Source: STERNbusiness (NYU) | Subject: Management | Industry: Pharmaceutical
The Market Next Door
Market entry decisions are among the most important strategic choices companies make. Entering any market requires a major commitment of financial and managerial resources, but foreign markets can be especially demanding. Most of the research on the internationalization process focuses on two factors as the primary determinants of foreign market entry: cultural similarity and economic attractiveness.
Intuitively, it makes sense that the knowledge of the … [ Read more ]
Content: Article | Authors: Debanjan Mitra, Peter N. Golder | Source: STERNbusiness (NYU) | Subject: International
Anglobalization
Economic historians continue to debate the causes of the great divergence of economic fortunes which has characterized the last half millennium. In this debate, the role of colonialism and specifically the British Empire has a crucial role to play. If geography, climate, and disease provide a sufficient explanation for the widening of global inequalities, then the policies and institutions exported by British imperialism were of … [ Read more ]
Content: Article | Author: Niall Ferguson | Source: STERNbusiness (NYU) | Subjects: Economics, History
It’s a Small World After All?
In recent years, the economies of the United States and its largest trading partners have increasingly marched to their own drummers – even as trade and financial integration have increased. It may sound like a paradox, but it’s not.
Content: Article | Authors: Fabrizio Perri, Jonathan Heathcote | Source: STERNbusiness (NYU) | Subjects: Economics, International
A Passage From India (Infosys)
Infosys has emerged as a titan of the global software industry by carefully designing and constructing a unique corporate culture. Continued growth will test the quality and soundness of the company s architecture.
Content: Case Study | Authors: Arun Kumaraswamy, Monica Malhotra, Raghu Garud | Source: STERNbusiness (NYU) | Subjects: Industry Specific, International – Asia | Industry: Software
The Big Store Goes Global
What retailers can learn from Wal-Mart’s international expansion.
Editor’s Note: the discussion centers on the seven sources of competitive advantage in retail:
– Inputs
– Technology
– Operations
– Offering & Brand
– Access
– Segmentation
– Customers
Content: Case Study | Author: David Liang | Source: STERNbusiness (NYU) | Subjects: Industry Specific, International | Industry: Retail
