Kellogg in the News

Huffington Post

Why Hiring a Chief Technology Officer is Tougher Than You Think – 07/24/17
Article explains three problems someone hiring a chief technology officer (CTO) must be aware of: “good developers are incredibly difficult to reach, your CTO needs to know how to build a team, and investors will judge you by the quality of your technology team.” Adjunct Lecturer Jeff Hyman is quoted throughout explaining these precautions in further detail.

The Wall Street Journal

Board Practices Hurt Banco Popular, Experts Say – 07/24/17
Article discusses the bank run that occurred in June leaving Banco Popular Espanol SA close to collapse. The article argues that the problems of the Spanish lender ran deeper than this incident, quoting Professor James Shein. “Almost 100% of time there are bank failures, first there was a governance problem.”

Huffington Post

GOP Leaders Still Insisting Repeal Won’t Take Health Care Away From Millions – 07/23/17
Article explains how some government leaders are skeptical of the Republican party repeal of the Affordable Care Act because the Congressional Budget office has projected that the GOP proposal would mean 22 to 32 million people would lose health insurance. Professor Craig Garthwaite was quoted saying, “Saying that all of the insurance losses the CBO attributes to repealing the mandate are the result of individuals not being ‘forced’ to buy insurance is at best incomplete and in reality quite duplicitous.”

Forbes

Team Trump Defeated by ‘China First’ – 07/22/17
Article by Adjunct Professor Phil Levy takes a look at a trade dialogue between the United States and China that failed this week. The rift occurred over steel, when the US asked China to cut its overcapacity in the sector and China said no.

Forbes

Three Disaster Ads And What I Learned From Them – 07/21/17
Article by Professor Derek Rucker discusses that the failures in some advertising campaigns can teach others to avoid such mishaps in the future. Rucker goes on to note three failed television ads, and says that going forward brands must “maintain ownership of their brand, recognize the subjective of humor, and moderate their use of negative emotion.”

The New York Times

Why Women Aren’t C.E.O.s, According to Women Who Almost Were – 07/21/17
Article discusses that the stories of women in business who were in the running to become No. 1, but didn’t quite make it, show the overt and subtle resistance women still unexpectedly face when aspiring to power. Dean Sally Blount’s insight is noted in the article. “Data predicts that half or more of the women who earn an M.B.A this year will drop out of the full-time work force within a decade…That accounts in part for the low number of women who do reach the very top job, because fewer remain in the pipeline,” she says.

The Washington Post

Former CBO directors in both parties defend the agency after White House attacks – 07/21/17
Article discusses how former directors of the bipartisan Congressional Budget Office published a letter defending the agency after weeks of criticism from the Trump administration, quoting Craig Garthwaite about how these criticisms may be legitimate, the White House has gone further, with personal attacks on the agency's motives and credibility. “We should be looking to make good health policy. We shouldn’t be looking to make ideological health policy and then try to dress it up in fancy numbers.”

Chicago Inno

This Northwestern Alum’s ‘Greenhouse-in-a-Box’ Protects Farmers From Climate Change – 07/20/17
Profile of Kellogg startup Kheyti. Started by Zell Fellow and Youn Impact Scholar Saumya ’15, Kheyti is a social enterprise working with small farmers in India.

Forbes

Debt Snowball Versus Debt Avalanche: What The Academic Research Shows – 07/20/17
Article discusses advice for paying off debt, citing research by Professor Blake McShane on the social science behind paying off debt. The 2012 study shows that “people with large balances are more likely to stick with their debt payoff plan if they focus on smaller balances first.”

Forbes

Why We Should Stop Expecting Trump to Be Honest – 07/20/17
Article by Professor Kent Grayson takes a look at the implications if President Trump were completely transparent regarding his possible ties to Russia. Grayson notes that if Trump were to disclose completely all pertinent information regarding Russia there would be a heavy cost, amplifying suspicion and further heightening calls for his impeachment.

Vox

The Trump administration produced this misleading report to sell its health care bill – 07/20/17
Article describes a report created by the Trump administration which claims that an amendment by Texas Senator Ted Cruz would lower the cost of health insurance. However, the charts in the report compare very different types of data, quoting Professor Craig Garthwaite: “I don’t see a reason to produce these graphs ever if the goal is to give good information about the change in premiums.”

WGN

GOP health care plan collapses, will Trump allow Obama Care to fail as well – 07/19/17
Article discusses the collapse of the latest Republican health care act, and President Trump’s subsequent push to let Obamacare fail as well. Experts say he can make that happen if he chooses, quoting Professor Joel Shalowitz on how the president can undermine the law.

Associated Press

Health plan hinges on the young, but they’re a tough sell – 07/17/17
Article explains how young adults not buying healthcare coverage leads to a problem for Republicans who need young, healthy enrollees to buy insurance to keep down premiums for everyone, quoting Professor Craig Garthwaite on how Obama’s health law gives young adults job flexibility because coverage is not tied to employment.

Also covered in Chicago Tribune, CNBC.com, The New York Times and The Washington Post.

Forbes

President Trump’s Steel Confusion – 07/16/17
Article by Adjunct Professor Phil Levy explains President Trump’s thoughts and plans for steel protection. Levy found two major misconceptions with Trump’s arguments. First, Trump suggests that his trade response will be a solution to foreign dumping of steel, while in reality it has nothing to do with that. Trump’s second major misconception is that China is the biggest importer of steel to the United States, when they aren’t even in the top ten.

Bloomberg

Obamacare’s Pocketbook Problem Made Worse in GOP Health Bill – 07/14/17
Article explores concerns about the GOP Health Bill and quotes Professor Craig Garthwaite on the effect of the Senate bill on the Medicaid program.

Business Insider

Experts Say the New Version of the Senate Healthcare Bill Will be Bad News for the Old, Poor and Sick – 07/14/17
Article discusses the updated version of the Better Care Reconciliation Act and features Professor Craig Garthwaite on his opinions concerning the Republican senator’s strategy.

Crain’s Chicago Business

Obamacare’s pocketbook problems made worse in GOP health bill – 07/14/17
Article discusses how the latest Senate Republican health bill does little to address the concerns about patients spending too much of their own money on health care, quoting Professor Craig Garthwaite on how the new bill allows states to have more say in how they spend the money they are given, making it harder for low-income people to be covered by the plan.

Poets and Quants

MBA Deans Share The Hardest Classes They Ever Took – 07/14/17
Article discusses various business school deans and the hardest class they took during their MBA career and highlights perspective from Dean Sally Blount, whose toughest time in graduate school was taking her preliminary exams for her Ph.D.

Forbes

8 HR Mistakes Millennial Leaders Need To Avoid – 07/12/17
Article notes research by Professor Lauren Rivera on the hiring bias that leaders must be cognizant of to avoid.

Fortune

Why Apple Shouldn’t Follow Amazon’s Lead – 07/12/17
Article by Professor Alexander Chernev discusses why Apple should focus more on creating new devices than on an Apple equivalent of Amazon’s Prime Day.