Kellogg in the News


Branding pro talks reinvention – 10/21/14
Financial news contributor Herb Greenberg mentions Professor Lloyd Shefsky and his book, “Invent, Reinvent, Thrive.” Greenberg talks about IBM’s current earnings and how Shefsky’s book argues the need for constant reinvention and explains how IBM did that in the past. Segment begins around 1:30.

To Stay Inspired, Entrepreneurs Must Notice, Ask, Try – 10/21/14
Article quotes Professor Lloyd Shefsky on leaders’ need to sharpen their entrepreneurial mindsets constantly and includes examples from his book, “Invent, Reinvent, Thrive.”

Chicago Tribune

Caremark planning bigger copay at drugstores that sell cigarettes – 10/20/14
Quotes Professor Leemore Dafny, who said that the measure isn't necessarily anti-competitive and that the concept of preferred networks for pharmacies has been a growing trend.


All You Need to Know About Apple Pay – 10/19/14
Article includes Q&A with Professor Sarit Markovich, who said, “Unless the banks decide to become a serious player in the mobile payment market, I don’t see the credit cards going away in the near future.”

Financial Times

Move up or move on – 10/19/14

Article reports that companies are funding fewer EMBA candidates as long-term employment becomes less common and that students feel freer to change employers if they haven’t been financially sponsored. Mentions Kellogg’s program with HKUST and quotes Wharton’s vice-dean of EMBA. 

Financial Times

Latin America is a region plagued by incumbents – 10/15/14
Article by Lecturer Daniel Lansberg-Rodriguez argues that the trend toward imperial and eternal presidential tenures in Latin America is a detriment to democracy and to the development of Latin America.


Need Funding? The Challenges And Solutions To The Obstacles Of Small Business Lending – 10/15/14

Q&A with CEO of National Funding, a leading financial services provider for small businesses. National Funding commissioned a survey with Kellogg’s Experiential Learning Initiative that found that most customers prefer interacting with a person over a machine.


Retailers pass on Google Express – 10/15/14
Quotes Professor Antonio Moreno-Garcia, who said, “Google partners with the retailers…and uses their inventory, which requires a level of integration that can be difficult to achieve.” Also quotes Eric Anderson, chair of the marketing department, who said, “If you don’t have enough retailers, why would people be interested? They might as well go to Target instead.”


Chicago mayor mum on looming pension issues in budget address – 10/15/14

Article includes a photo of Mayor Rahm Emanuel listening to President Obama speak at Kellogg.

Harvard Business Review

Where to Look for Insight – 10/14/14
Article by Professor Mohan Sawhney and Senior Fellow Sanjay Khosla argues that innovation can be approached systematically and lists seven “insight channels” that can lead to more efficient operations.

Chicago Tribune

Chicago Ideas Week: The rising tide of social-impact investing – 10/13/14
Article reports on Social Impact Investing: Financing a Better World, a panel hosted by Professor Linda Darragh at Chicago Ideas Week. Takeaways include that “anyone can be an impact investor” and “sell the win-win.”


Why Microsoft’s CEO may have been right about asking for a raise – 10/13/14

Quotes Victoria Medvec, executive director of the Center for Executive Women, who said, “As you go into a negotiation, you always make it about what you are achieving for the business. The compensation should be at caboose of the offer.”

Harvard Business Review

The Best-Performing CEOs in the World – 10/13/14

Article includes ranking of CEOs based on increase in total shareholder return and market capitalization. Over a quarter of the CEOs have MBAs, and nearly as many studied engineering. Quotes dean of HBS, who said, “Engineering is about what works, and it breeds in you an ethos of building things that work—whether it’s a machine or a structure or an organization.” Businessweek points out that HBS produced seven of the highest-performing CEOs, the most of any MBA program. Other CEOs who made the list attended Columbia, Stanford and Kellogg.


The Expert – Lloyd E. Shefsky, Clinical Professor, Northwestern University – 10/13/14
Article by Professor Lloyd Shefsky explains how to continuously innovate and reinvent one's self and business to meet constantly changing conditions in the marketplace, using examples from his book, Invent, Reinvent, Thrive.

The Economist

Banks? No, thanks! – 10/11/14

Article reports that fewer MBAs are taking jobs in investment banking and finance as consulting and technology firms become more popular. Quotes a Kellogg graduate who said private equity appealed to him and his peers over banking because the firms are smaller and the work more entrepreneurial and hands-on.

Crain’s Chicago Business

Deepak Chopra to talk hunger, creativity in Chicago – 10/09/14
Article reports that Professor Deepak Chopra will speak at Chicago Ideas Week about the importance of getting healthy meals to children in India.


The Best Business Schools For Career Prospects 2015 – 10/09/14

Article reports on Princeton Review’s ranking of business schools with the best career prospects for students. Stanford ranked first, followed by Columbia and Harvard. Sloan, Wharton, Booth, Stern and Kellogg also made the top 10.

Poets & Quants

Chicago Again Tops Economist Ranking – 10/09/14

Article reports on The Economist’s ranking of full-time MBA programs. Booth ranked first for the fourth time in five years, and Kellogg rose nine spots to rank 14th. Harvard, Stern, Stanford, Columbia, Wharton, Sloan and Ross also made the top 25. Also covered by Crain’s.

Washington Post

How mortgage rates affect car purchases, credit card debt and jobs – 10/09/14
Article cites a paper by Professor Janice Eberly that suggests that mortgages could be designed to automatically refinance into a lower rate during times of economic crisis. The goal would be to eliminate a borrower’s chances of lapsing into foreclosure and to support consumer spending.

The Atlantic

Why Robots Could Be Awesome Whistleblowers – 10/08/14
Article by Professor Adam Waytz argues that the social, reputational and emotional risks of whistleblowing make it the perfect job for a robot. Robots are proficient at “cold” skills necessary for diligent evaluation and inspection of organizational errors—calculation, routinization, automation and consistency.