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Kellogg Faculty in the Media

MIT News

Should scientists handle retractions differently? – 09/05/14
Article reports on an MIT study about the fallout for scientists whose fields suffer high-profile retractions. Quotes Professor Ben Jones, who said that the study “uses rigorous empirical methods to establish an important fact: Retractions matter for the ensuing progress of a field.”

Inc.

What's the Matter With Overthinking? – 09/04/14
Article reports on research by Professor Derek Rucker that found that thoughtful thinking was rewarded when there was a difficult decision to be made and penalized when there was an easy one.

The Wall Street Journal

Health Spending Grew 3.6% in 2013, Projections Show – 09/03/14
Quotes Professor Craig Garthwaite, who said that while the economy is showing signs of renewed strength, the hangover effect from the 2007-09 recession has likely continued to curb medical spending.

Inc.

How to Succeed by Simplifying Everything – 09/02/14

Q&A with Professor Mohan Sawhney, who said, “The moment you spread yourself too thin, you invite competition from the flanks. If you want to broaden your revenues, narrow your markets.”

Chicago Sun-Times

Astellas Pharma starts career improvement program for women – 08/30/14
Quotes Lecturer Karen Cates, who said that if women participate in women advocacy programs because they are seeking high-level positions, they should make sure that the power players support and are a part of the program.

Inc

15 Essential Strategies for Independent Retailers – 08/28/14
Quotes Professor Antonio Moreno-Garcia, who said that retailers should change stock frequently to give customers a reason to visit the store.

WPHM

The Paul Miller Show – 08/27/14
Interview with Professor Lloyd Shefsky about his book, Invent, Reinvent, Thrive. “Companies really weren’t made to last forever,” Shefsky said. “You have to be prepared to implement the reinvention.”

Chicago Tribune

Why one Chicago company gives employees the same title and salary – 08/26/14
Quotes Professor Keith Murnighan, who said that flat structures often require employees to lead themselves rather than rely on a supervisor, which can result in increased job commitment and better performance.

EY Family Business Blog

The “ghost on the wall” theory of family control – 08/25/14
Article by Professor Lloyd Shefsky uses Henry Crown and Company as an example of subtle family influence serving the business better than more overt family control. It allows leaders to make their own decisions while still being guided by the family’s legacy.

Huffington Post

How Entrepreneurs Must Reinvent Themselves to Thrive – 08/22/14
Article summarizes Professor Lloyd Shefsky’s advice to entrepreneurs in his book, Invent, Reinvent, Thrive. Article also appears on the author’s blog.

MarketWatch

A love of zoos may keep SeaWorld afloat – 08/22/14
Quotes Professor Tim Calkins, who said that brands that respond to attacks head on have a better chance of escaping the media vortex.

Chicago Tribune

Illinois exchange on 3 additional insurers' radar for 2015 – 08/21/14
Quotes Professor Leemore Dafny, who said that plans like the ones that IlliniCare will offer "are going to play heavily at the low end of the market, and frankly, that's where most people have been buying plans nationwide.”

Upstart Business Journal

What do famous entrepreneurs have in common? Author Lloyd Shefsky has a theory – 08/21/14
Article reports on what Professor Lloyd Shefsky has learned from interviewing entrepreneurs. Shefsky said that the ability to ignore critics, listen to customers and alter as needed is what helps the most successful entrepreneurs thrive.

Bloomberg

Fixing a Work Relationship Gone Sour – 08/20/14
Quotes Professor Brian Uzzi, who said, “Most people just lower their expectations because it’s easier than dealing with the real issues at hand.”

Lifestyle Radio Network

08/20/14
Interview with Professor Lloyd Shefsky, who talks about the need for businesses to continuously reinvent themselves in order to thrive. Segment starts at 5:15.

Daily Herald

Ice Bucket Challenge heats up fundraising in the suburbs – 08/19/14
Quotes Liz Livingston Howard, Kellogg’s director of nonprofit executive education, who said that the Ice Bucket Challenge creates “a dialogue that gets people to ask questions.”

EY Family Business Blog

A grave matter for family businesses – 08/18/14
Article by Professor Lloyd Shefsky explores the potential consequences of family business leaders who try to continue controlling the company after they’ve left it.

WGMD-FM, WTAQ-AM

08/17/14
Interview with Professor Lloyd Shefsky about being your own boss.

The New York Times

Helping Prevent Foreclosures – 08/14/14

Article reports on a study by Professors Brian Melzer and David Matsa that found that the $250 billion paid out in federally funded unemployment benefits helped prevent an estimated 1.4 million foreclosures from July 2008 to December 2012.

The New York Times

For Merchants, Bitcoin Shows More Pop Than Potential – 08/14/14

Quotes Professor Derek Rucker, who said, “It’s possible they’re using their association with Bitcoin for different reasons, but clearly, it’s an attention-grabber.”

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