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Kellogg in the News

The New York Times

Jiminy Cricket! Bugs Could Be Next Food Craze – 08/02/14

Article reports on a company that makes cookies using flour made from crickets. Quotes Professor Kelly Goldsmith, who said, “If you get just regular diners who are not foodies and not gluten-free to try these cookies, and they don’t taste great, there will not be a repeat purchase.”

Crain’s Chicago Business

Chicago biz center aims to spark two-way trade with China – 08/01/14
Article reports that the Chinese province of JiLin will open a business center in Chicago. Quotes Professor Phil Levy, who said that trade with China is “undergoing shifts and changes and this may reflect that.”

The New York Times

Business Schools Add Admissions Bells and Whistles – 08/01/14

Article reports that many business schools have added unscripted elements, such as group exercises and video responses, to their applications in an effort to get a more authentic, layered look at candidates.  Lists admit rates and application components for Booth, HBS, Kellogg, Ross, Sloan, Stern, Wharton and Yale.

Today’s Chicago Woman

Summer Reads – 08/01/14

Suggested reading list includes Professor Lloyd Shefsky’s book, Invent, Reinvent, Thrive: The Keys to Success for Any Start-Up, Entrepreneur, or Family Business.

Fast Company

What Businesses Can Learn From Kraft Foods' Decision To Delegate Authority – 07/31/14
Article by Senior Fellow Sanjay Khosla and Professor Mohanbir Sawhney argues that the managers closest to the marketplace should have the authority to make key decisions while corporate leaders should help with resources and monitor progress.

Forbes

Scholars Crowd Up To Study Wisdom of Crowds – 07/31/14
Article mentions Professor Shane Greenstein’s research that found many articles posted on Wikipedia favor the Democratic side of the political spectrum, self-correcting to neutral bias only after hundreds if not thousands of revisions over long periods of time.

Blue Sky Innovation

How legendary Chicago family businesses faced the need to change – 07/30/14
Article reports on Professor Lloyd Shefsky’s book, Invent, Reinvent, Thrive: The Keys to Success for Any Start-Up, Entrepreneur, or Family Business, which features case studies of businesses that succeeded by reinventing themselves repeatedly.

Businessweek

It Took a Major Management Gamble to Rescue Tang – 07/30/14
Article by Senior Fellow Sanjay Khosla and Professor Mohanbir Sawhney argues that when corporate leadership gives a select team unconstrained resources and authority, creative solutions can arise. Article linked to in ANA SmartBrief on Marketing Leadership.

Daybreak USA

07/30/14

Radio interview with Professor Lloyd Shefsky about his new book, Invent, Reinvent, Thrive: The Keys to Success for Any Start-Up, Entrepreneur, or Family Business.

Fast Company

Brainstorming Doesn't Work; Try This Technique Instead – 07/29/14
Quotes Professors Leigh Thompson and Loran Nordgren, who said that people tend to abandon their unique ideas and assimilate to the group’s early suggestions in a brainstorming session. Instead, everyone should write down their ideas then share out loud in a systematic way.

Ecns.cn

Students coming to China mean business – 07/28/14
Article reports that more international students are going to China for executive MBA programs as China’s economy grows. Article mentions Kellogg’s partnership with Peking University's Guanghua School of Management.

LinkedIn

The Most Expensive MBA Now Costs $181,500 – 07/28/14
Article reports that the number of EMBA programs costing $100,000 or more has risen from 22 to 40 since 2011. Article mentions Kellogg’s 17 percent price increase and quotes Assistant Dean of Admissions Kate Smith, who said, “Our price includes the cost of staying overnight on campus. If you did a true fully loaded comparison with our full-time MBA program, you would find that the difference in costs are minimal.”

Livemint

Sanjay Khosla | Understanding the wisdom of less – 07/27/14
Interview with Senior Fellow Sanjay Khosla about his book, Fewer, Bigger, Bolder: From Mindless Expansion To Focused Growth, and the importance of concentrating resources.

Yahoo! News UK

Bakeries give rise to two expansion recipes – 07/27/14
Article reports on Laduree’s expansion and Crumbs Bake Shop’s demise. Quotes Professor Craig Garthwaite, who said that Laduree will survive even if macaron demand fades because, unlike Crumbs, it is not a single-item firm.

The Economic Times

Kraft’s Sanjay Khosla and Kellogg B-School’s Mohanbir Sawhney present a unique take on strategy – 07/25/14
Article reports on Senior Fellow Sanjay Khosla and Professor Mohanbir Sawhney’s book, Fewer, Bigger, Bolder: From Mindless Expansion to Focused Growth. When companies spread themselves too thin, only low-quality growth is possible, Sawhney said.

The Economist

Springtime for lenders – 07/25/14
Article reports on a study of corporate loans by Professor Mitchell Petersen that found that the excess interest rate that firms paid varied depending on when the debt was issued, with borrowing costs peaking in February and August.

Yahoo! Small Business Advisor

Learn How, and Why, to Reinvent Your Business – 07/25/14
Article reports on Professor Lloyd Shefsky’s book, Invent, Reinvent, Thrive: The Keys to Success for Any Start-Up, Entrepreneur, or Family Business. Shefsky argues that “entrepreneurship is not a cataclysmic event; it is a constant process.”

Boston Globe

Experts call on judge to block Partners’ hospital takeovers – 07/24/14
Article reports on a petition co-written by Professor Leemore Dafny that aims to block Partners HealthCare System’s planned takeovers of South Shore Hospital and Hallmark Health System, claiming it is unlikely to contain rising medical costs.

Financial Times

The power of music fuels business school research – 07/24/14
Article reports on research by Professors Derek Rucker, Dennis Hsu and Loran Nordgren. Their research found that when a piece of music makes people feel powerful, they feel more confident, even though they have no more control. A dominant bass line also makes people feel more confident.

Parade

The Sneaky-Yet-Sensible Way to Get Kids to Eat Healthier – 07/23/14
Article reports on research by Professor Michal Maimaran that found that children are less likely to eat a food when they hear about its benefits.