Kellogg in the News

Fortune

The Next Market Amazon Could Take Over – 05/18/17
Article by Professor Harry Kraemer discusses how expanding into pharmaceutical distribution would be a logical move for Amazon, as the company seeks to continue growing and leveraging its enormous distribution network.

Fortune

Here Are 2 Ways You Can Convince Your Boss That You Deserve a Raise – 05/17/17
Article by Adjunct Lecturer Mark Achler discusses two ways that startup employees can approach their bosses to negotiate a raise. He explains that communicating need for financial assistance is crucial, as well as demonstrating improved performance at your annual or six-month review.

Forbes

Congress Steps In On Trade – 05/16/17
Article by Adjunct Professor Phil Levy discusses how, in light of President Trump’s trade philosophy and management style, Congress has begun to take back the reins when it comes to trade policy. This runs contrary to the way Congress has dealt with trade in the past, as Congress has historically tried to yield some of its constitutional power to the executive.

Harvard Business Review

Overcome Resistance to Change with Two Conversations – 05/16/17
Article co-authored by Dean Sally Blount and Professor Shana Carroll identifies sources of resistance in organizations and lays out a number of ground rules for talking with the resistors. Blount and Carroll explain that effective dialogue with resistors typically requires at least two conversations; in the first, you listen and identify the cause of the resistance, and in the second, you articulate what will be different in your approach to the change and explain why.

Business Insider

5 business school professors share their best tips to successfully start a company – 05/15/17
Article originally published on Kellogg Insight provides five insights from Kellogg faculty regarding what it takes to get a company up and running, including Professors Ben Jones, Scott Baker and David Schonthal as well as Adjunct Lecturers Sean Johnson and Gabe Vehovsky. Insights include being wary of angel investors, fine-tuning the user experience, and finding the right partner.

Fortune

How Unilever Risked Too Much on Dove to Appeal to Women – 05/15/17
Article by Adjunct Lecturer Paul Earle explores the backlash that Unilever received due to its new line of Dove Body Wash bottles in the U.K. that are designed to mimic different female body types. He praises the company for taking a risk, but emphasizes the need for the creation of new brands. Earle’s corporate innovation and new ventures class is mentioned as well.

Fortune

Why Tesla Could Become the Next Apple – 05/13/17
Article by Professor Mohanbir Sawhney explains why Tesla has the potential to become as valuable as Apple. Sawhney notes that in order for Tesla to become the next Apple, it will need the “Steve Jobs” approach to marketing in addition to efficient manufacturing.

Business Insider

A business school professor says your ‘movie trailer’ is a critical part of being a great networker – 05/12/17
Article originally published on Kellogg Insight discusses tips from Clinical Professor Craig Wortmann on how to transform professional situations into opportunities by being prepared for networking conversations. Wortmann suggests that you prepare a “movie trailer of you”—a concise and compelling response to “what do you do?”—to help people connect to you and your motivations.

Harvard Business Review

Recessions Push People to Buy Cheap Things, Which Just Makes Everything Worse – 05/12/17
Article by Professor Sergio Rebelo examines how consumer behavior is contributing to deeper recessions and slower recoveries. It seems that during economic downturns, consumers reduce the quality of the goods and services they consume. This negatively impacts the economy on a grand scale because goods and services of lower quality are produced with less labor than those of higher quality; so overall, the demand for American labor is reduced.

Chicago Tribune

Who needs brainstorming? Brainwriting gets way more ideas, this prof says – 05/11/17
Article features a Q&A with Professor Leigh Thompson about techniques that are scientifically proven to extract higher-quality creative thinking from people. Thompson explains that brainwriting, which involves writing down ideas individually, is much more effective than brainstorming.

Forbes

Reality Check On Starting Pay – 05/11/17
Article by Adjunct Professor Harold Sirkin discusses The Class of 2017 Job Outlook Report published recently by iCIMS Inc., a talent recruitment software company. Sirkin explores why many graduating seniors’ salary expectations are unrealistically high.

Marketplace

With sales falling, Whole Foods replaces nearly half its board members – 05/11/17
Article discusses Whole Foods’ decision to appoint a new chairwoman and replace five of its board members amid falling sales and pressure from key investors to turn the company around. According to Professor Nicholas Pearce, board members generally do big-picture, strategic thinking, “so this could be repositioning the brand. It could be re-envisioning how Whole Foods thinks of itself.”

Fortune

What the Downfall of Michael Flynn Teaches Business Leaders About Hiring Bad Apples – 05/10/17
Article by Professor Harry Kraemer explores the Trump-Flynn drama and the management lessons it teaches to business leaders. Some of these lessons include 1) ignoring red flags about the suitability of a candidate almost always leads to bad hiring decisions, 2) without self-reflection, leaders can easily delude themselves and undermine the effectiveness of their decisions, and 3) leaders need a balanced perspective by listening to a variety of opinions, particularly those that take the opposite position.

Business Insider

Research shows that sitting next to the wrong person at work could get you fired – 05/09/17
Article originally published on Kellogg Insight examines new research from Professor Dylan Minor, which found that workers in a 25-foot radius around high performers at a large technology firm boosted performance in coworkers by 15%, translating into an estimated $1 million in additional annual profits. This spillover effect also implies that “bad eggs” can negatively impact their neighbors, but this effect disappears almost immediately once that worker is either fired or physically relocated.

Forbes

Hackers, Empathy and Neuroscience: A Conversation With Moran Cerf – 05/09/17
Article by Professor Robert Wolcott features an interview with neuroscientist and Professor Moran Cerf, in which the two discuss what makes for successful hackers and scientists, as well as the future of neuroscience. “Hacking at the heart of it is understanding people…Artists, hackers, good investors, they all share something which is being particularly good at tapping into someone else’s brain,” said Cerf.

Forbes

International Costs To Trump’s Distinctive Diplomacy – 05/09/17
Article by Adjunct Professor Phil Levy explains the negative repercussions of President Trump’s new approach to international relations, including the election of Moon Jae-in as the next president of South Korea, as well as Trump’s almost-signing of an executive order to withdraw from NAFTA.

Chicago Tonight

Flight Overbooked? Use Game Theory to Get the Biggest Payout – 05/08/17
Article quotes Associate Professor James Schummer, who explains how game theory, a mathematical study of strategic interaction, can help a passenger can get the biggest bang for their buck when a flight is overbooked. “If the airline only needs one seat, there’s only one way to run the auction,” Schummer said. “They keep raising it until someone jumps in.”

NPR

Have The ‘Miserable’ Airlines Finally Reached A Tipping Point? – 05/08/17
Article examines the current state of the airline industry, discussing how commercial airlines are struggling to rebuild consumer trust. “As a result of airline activities and decision making over really the past maybe even 10 years, customers have slowly but surely started to feel as if airlines don’t always have their back,” said Professor Kent Grayson.

Poets & Quants

Best & Brightest MBAs: Class of 2017 – 05/07/17
Article highlights the work and accomplishments of some of the best and brightest MBA graduates of 2017, determined by Poets & Quants. Kellogg students Jared Scharen and Adam Maddock were both recognized in the list.

The New York Times

Health Act Repeal Could Threaten U.S. Job Engine – 05/06/17
Article emphasizes that the health care industry has created jobs at more than three times the rate of the rest of the economy since 2007, and that the Affordable Care Act repeal may hurt local economies. “If there is a group that loses out the most, it’s near-seniors. Their health care is so expensive, but the tax credit in the House bill caps out at $4,000,” said Professor Craig Garthwaite. The article was also picked up by CNBC.

Prev 20