Jeff Kindler, chairman and CEO of Pfizer, spoke with students about the company's merger with Wyeth and its strategies for confronting market challenges. Read more about the discussion.
Stereotypes and bias affect judgment in the subtlest of ways. New brain imaging research shows just where these biases are experienced deep within grey matter.
Multinational firms often create specialized products to better cater to local tastes. But how many varieties do they really need?
"You need to know when to get out of the way," Craig Newmark told students about his decision to select a CEO for Craigslist. So how does a founder know when? Entrepreneurship professor Brendan Burns shares his insight.
What is the best way to teach students to handle tough, real-world decisions?
What does the financial crisis mean for the retail sector? Professor Mark Cohen, a moderator at today's Retail and Luxury Goods Conference, discusses the rapidly changing landscape.
The ability to see change before it happens — or to imagine change and create it — can result in billions of dollars. Can it be taught?
It's imperative that marketers realize that social media is the business strategy - not just a part of the business strategy.
A traditional strategy analysis tool, the BCG matrix, was largely discredited and fell out of favor in many circles. Yet, it's back in a new incarnation.
Should we really be encouraging students to start businesses early in their careers?
A big shift in the world of strategy today is not necessarily reflected in board-level conversations. What do board members need to be asking?
In the 1983 Hermes article "The Superinvestors of Graham-and-Doddsville," Warren Buffett '51 describes the investment principles that so heavily influenced him.
A strategic model shows how to buy or sell a large position most efficiently.
When trying to find the best option makes us miserable.
Professor William Duggan, author of "Strategic Intuition", and Naif Al-Mutawa '03 are speakers at the inaugural TEDxEast event today. Watch live streaming video from the event.
Yesterday's announcement marks the second time this year that two pharmaceutical giants have agreed to merge. What is driving the consolidation, and what are the risks?
In an excerpt from their 2005 book, Bruce Greenwald and Judd Kahn present a radical improvement to Michael Porter's strategy framework.
After spending a few months over here, I wanted to offer some perspective on the situation.
Could the power of the crowd soon rival corporations for organizing labor? Author Jeff Howe, who is a speaker at today's BRITE conference, discusses the evolution of crowdsourcing.
We live in an era where the media-friendly entrepreneur/founder must act on stage under the spotlight. But at what cost?
If you are planning to pursue a VC investment career after business school, a word of advice: get experience doing market sizing and practice, practice, practice.
Professor Wei Jiang weighs in on Google's plan to allow its employees to exchange stock options. Does the plan create the right incentive for employees or is there a better solution?
Organizations need to think more critically about how strategic service initiatives affect operating costs.
Federal officials says that a swine flu vaccine will not be available until late November at the earliest. Professor Awi Federgruen discusses what this long lead time for a vaccine teaches us about supply chain risks.
Sam Zell recently spoke about the economy and the real estate market as part of the Silfen Leadership Series. What investment opportunities does he see in the future?
This year, the Class of 2008 not only became the first class in the history of CBS to pledge an unrestricted gift, but also attained a never-before-seen participation rate: 95 percent.
At the OCSAMSE conference in July, sponsored by the School's China Business Initiative, Professor Fangruo Chen awarded the Best Paper Award to research on channel stuffing.
Napoleon, Buddha, Bill Gates — what makes them all great? According to a new book by Professor Bill Duggan, extraordinary achievements begin with something known as “strategic intuition.”
Prof. Amar Bhide argues that midlevel innovation is of greater competitive value than high-level research to companies.
Newspaper and media publishers are struggling to find a way to make money. Adjunct professor and media consultant Ava Seave shares her thoughts on how they might find the right price.
Family Wealth Management, a new Executive Education program launched in partnership with the Heilbrunn Center for Graham & Dodd Investing, is designed to specifically address some of the unique challenges facing families with large and complex investment portfolios.
The reason a gender gap persists in some fields, like science, may start in the classroom, says Professor Ray Fisman. What can mentoring learn from that?
As I wind down my CBS career, I figured it would be a good time to impart some of the wisdom I’ve picked up over the last 12-plus months in business school.
As participants in incentive systems perceive that they are getting closer to their goal, they intensify their efforts.
Combining ideas from military history, cognitive psychology and modern neuroscience, strategic intuition offers a four-step method for identifying and capturing opportunity.
In his new book, Bill Duggan reveals how to cultivate strategic intuition to drive innovation, solve problems and capitalize on unforeseen opportunities.
Fair process is good for firms and employees, says Professor Joel Brockner. But it may come with a downside.
There are many golden investment opportunities right now if you know what to look for. What are the five things you need to know before you buy or sell?
Switching aid to the local business sector in order to cultivate a middle class is the only way to eliminate poverty in poor countries, Dean Glenn Hubbard and William Duggan say in their new book.
Research from Professor David Gaddis Ross indicates that having a higher percentage of women in senior management positions equates to better firm performance.
During a classroom simulation, students were able to witness the failure of a market due to asymmetric information between sellers and buyers.
Flight cancellations, delays, inspection fiascos, mergers, bankruptcies — and now a checked bag fee? Garrett van Ryzin examines the airline industry’s recent ills.
The answer to the question of who will win the election may lie partly in whether voters are looking for honesty or competence. And one clue to how candidates are perceived is the shape of their face.
A taxonomy of new web-based business models shows how healthy profits can be made even when aspects of an offering are available for free.
How do organizations respond to societal pressures for changes in their corporate social responsibility policies?
How banks can profit from financial models without getting trapped in them.
How did the Indian Premier League become a worldwide phenomenon? Professor Rajeev Kohli's case study on the cricket league was the focus of the School's inaugural case competition, which concluded last night. Read more about the case.
With the right product differentiation strategy, you can steal customers from your competition without provoking a price war.
While there is no secret recipe for success, a few of the necessary ingredients became evident on November 12 during the community forum with Warren Buffett, MS '51, and Microsoft founder Bill Gates.
The recipe for whom Americans elect may well be rooted in some combination of simplicity of message, interpersonal warmth and a charisma quotient.
We need intelligent economic models to excite investors and present operators before things get worse for the newspaper industry.
Is the concept of sustainable competitive advantage still relevant in today's business environment? How can you take advantage of change and set yourself apart from the competition?
You can sometimes improve your product's market share by adding competition. A study of consumer behavior challenges conventional wisdom about product placement.
It is one thing to turnaround a troubled company and it is another to transform it. Xerox CEO Anne Mulcahy has done both.
To many, entrepreneurship calls to mind the path-breaking motivation envisioned by Schumpeter’s “creative destruction.” But much of entrepreneurship — and much of what we can teach in business school — is more akin to “nondestructive creation.”
If you feel you’re ready to work really hard and get accustomed to an incredibly fast-paced environment, then China is the place for you.
How can the private sector provide solutions to achieve environmentally sustainable outcomes?
How can we prepare for the possibility of future financial meltdowns? Professors Bruce Kogut, Patrick Bolton and Tano Santos suggest that a new entity could be the "regulator of regulators." How would it work?
A new book, "The Curse of the Mogul: What's Wrong with the World's Leading Media Companies" by faculty members Jonathan Knee, Bruce Greenwald and Ava Seave delves into the reasons why the media industry is hitting bottom.
In a Community Forum on October 29, Dean Glenn Hubbard, professors Bill Duggan and Gita Johar, and Eric Tienou '03 of Burkina Faso discussed economic development in Africa. Learn more about the School's partnership with the University of Dar Es Salaam in Tanzania.
We asked faculty members to look back at the year and give us their pick for the best idea or book of 2008.
Corruption — a major barrier to growth and development in poor countries — is difficult to define and even more difficult to measure. Creative research methods are shedding new light on its effects.
Unless GM feels a compelling need to change, it is highly likely to stay pretty much the same, as it has done for decades, in spite of clear evidence that things are not working well from an economic perspective.
In his new book, Eric Abrahamson lambastes our profit-devouring, time-wasting obsession with order and revels in having achieved an optimal state of messiness.
When I think of the challenges that the Red Cross is facing, they are not dissimilar to what I’ve seen at for-profit organizations.
Our Pangea Advisors team spent the summer working with Qualitas of Life, a community-based financial education organization for Hispanic immigrants. The mission was to improve their volunteer network.
Harborne "Gus" Stuart explains why cooperative game theory is less a tool than a mind-set and how business leaders can use it to create and capture value for their companies.
A Spanish savings bank, Caja Navarra, is pioneering a new way with what it calls civic banking. Nicholas Doimi de Frankopan '09 interviewed its CEO in the recent issue of the Chazen Web Journal.
Will President Obama's cap on executive pay hinder leadership at top firms? Professors Nahum Melumad and Sudhakar Balachandran share their views.
Why did Pfizer pursue this strategy? And will the acquisition encourage other Big Pharma players to take a similar approach?
Buyers and suppliers can both gain from a procurement strategy that uses an auction to eliminate guesswork.
New research from Professor Leonard Lee shows that decisions made with emotional processing tend to be more consistent. Certain attributes can elicit those kinds of gut decisions.
The automobile industry's endgame problem is determining how to scale back the manufacturing capacity of those firms whose products are no longer economical to produce.
At the community forum on November 12 with Warren Buffett '51 and Bill Gates, I began to realize that the event was less about teaching future business leaders about business and more about teaching them folksy home-grown values.
Though often painful, competition can serve us collectively if we give it the respect it deserves.
In Competition Demystified, a new book based on his popular Economics of Strategic Behavior course, Bruce Greenwald offers a simple roadmap for navigating the competitive landscape.
What areas of research would you like to see developed this year?
How are entrepreneurs weathering the financial storm? Panelists in a Master Class on Innovation and the Economy discussed some of the ways entrepreneurs can stay competitive in a down market.
On November 12, Columbia Business School students will join Warren Buffett, MS '51, and Bill Gates in a special community forum, which will be filmed by CNBC for global broadcast.
Pulling off bold strategies that change markets requires leadership through every step of strategy development, planning and implementation.
Change need not be difficult or expensive, says Professor Eric Johnson. It is as simple as looking at how an organization utilizes its default settings.
At the 6th Annual Healthcare Conference, industry leaders said they are focused on innovation, value-rich offerings and the emergence of new global markets and technologies.
In a new book, Rita Gunther McGrath discusses how taking calculated risks, while learning along the way, can pave the road to success.
Dragging out the march toward what is looking like almost certain bankruptcy for General Motors is chewing up resources that could be used to help employees down the road.
As the nonprofit sector grows, there comes a greater need for leadership over bigger and more complicated enterprises. How can we change the way we think about and carry out leadership?
We need to apply sensible economics in informing giving decisions, especially in tough financial times.
Two alumni restaurateurs discuss strategies to beat high food costs.
Having a great business idea is a good start, but very few ideas are compelling strokes of original genius.
As growth slows in the pharmaceutical sector, shareholders are putting pressure on companies and their executives to make some difficult decisions.
There are three structural shifts that are transforming the Americas, which could provide opportunities for Sumitomo.
How judgments about our own behavior impact our perceptions of fairness and blame in others.
Individual incentives based on impact yield more and better ideas in group settings.
Even in challenging times, consumers can spot the value in innovation, says Professor Amar Bhide. And for those firms able to deliver bold new products, opportunity awaits.
Donald Lehmann discusses Managing Customers as Investments, a new book in which he and coauthor Sunil Gupta explain how to calculate and apply customer lifetime value.
"You have to focus on your competitive advantage, which is local," says Jonathan Knee, director of the media program, about the future of the newspaper business.
What is the most important lesson for a start-up company? Four recent graduates and entrepreneurs share their first-hand experience of what it is like to launch a venture.
Michelin’s PAX Run-Flat tire was a big-bet innovation, intended to overturn the industry in the same way that their introduction of steel-belted radial tires did nearly 60 years ago. What went wrong?
When will mobile services in emerging markets evolve beyond text message technology? We believe that time is now.
As part of international student orientation, there was a session on how to deal with the MBA classroom practice of cold calls. We offer you a few dos and don'ts about how to participate in class.
Coach chairman and CEO Lew Frankfort ’69 is going on the offensive, opening nearly 30 stores in China (with plans for 50 more) and introducing more high- and low-end styles. Will this dilute the brand?
Is Citi Field a well-placed marketing spend? In challenging economic times, don't underestimate the importance of customer perception. What else do marketers need to consider?
Alliances promote faster drug development, especially when the project is closely related to the developing firm’s knowledge base.
In the 1990s, EMC was the hottest stock on the NYSE. But when the dot-com bubble burst, the company took a turn for the worse. How did Joe Tucci revamp EMC's business model to fit a radically different marketplace?
If we want to find a new supply of great teachers, we need to change methods by which we search. But what should we be looking for?
Having an MBA is not a prerequisite to becoming an entrepreneur nor does it guarantee success. What it does do is remove some of the uncertainty in the business landscape by teaching the vocabulary and components of business.
When the stock market heads south do you ignore your bank account balance? Professor Nachum Sicherman discusses his research on the links between the ups and downs of the market and consumer behavior.
How would you handle an ethical dilemma in your job? An international panel of students discuss real-life problems and solutions.
Good decision making requires skills, and one way to learn these skills is by practice.
How can banks profit from financial models without being trapped in them? Research by two Columbia professors reveals how successful banks manage their modeling processes.
Dear Professor Feiner: As my career has progressed, the number of emails I get has increased exponentially, and I’m having trouble getting to all of them. Any tips on how to manage this?
What are you reading this summer?
Imagine you could have a PGA Tour player hit one of the following for you: all your putts, your short game, your long game or your sand shots. Which should you choose?
The closing of thousands of car dealerships underscores just how over-extended the U.S. system has become. My research shows that an inefficient distribution network may have been a factor.
Assessing the work of the Federal Reserve, Frederic Mishkin contends that communication and transparency must counterbalance the necessary independence of a strong central bank.
At Columbia Business School's 5th Annual Healthcare Conference, industry leaders said they are looking for ways to drive innovation.
Professors Fraiman and Singh assert that the mindset of Uruguay’s entrepreneurs must change in order for the country to catch up to the rapid pace of development in other emerging nations.
What do brand managers need to know about viral marketing? New research from Professor Olivier Toubia featured in the current issue of Columbia Ideas at Work demonstrates the power of viral programs.
For young biotech firms seeking prestigious industry alliances, who their top management team knows may be as important as what they know.
Paula Kerger, president and CEO of PBS, emphasized the importance of civic engagement in professional success at this year's annual Columbia Women in Business Conference.
In an recent interview with U.S. News & World Report, Professor Bruce Greenwald discussed how the current market climate affects value investors.
We need financial instruments and markets that are designed specifically for social enterprise.
One of the most difficult — but essential — decisions to make in today’s hypercompetitive markets are those that involve shutting things down.
How do you create a company where environmental goals aren’t peripheral, but central to the business plan?
A viral marketing campaign, like OfficeMax's Elf Yourself program, can do great things for brand recognition. But how well does that translate into direct sales? Adjunct professor Ava Seave blogs about how to set the right expectations for viral marketing.
An Executive Education trip to the Frick Collection provides an extraordinary learning opportunity in symbolic versus direct communication.
Businesses can profit by getting connected to their competitors, according to research by Professor Olivier Toubia.
Fees, fees, fees galore. At some level, I think the behavior of credit card companies violates most people's basic understanding of what is a fair and appropriate way to treat consumers.
We should remember that however new the risk management methods of today's value investors are, they are based on the extraordinarily durable principles of Security Analysis.
In today's economy, when organizations are becoming leaner, high-potential executives must broaden their business knowledge and develop leadership...
In today's environment, mastery of the softer interpersonal skills separates executives who merely survive from those who thrive and grow as leaders....
In difficult times, successful companies develop their high-potential leaders in order to remain competitive and grow over the long term. The...
Today, capturing and delivering customer value requires a laser-effective marketing strategy. Strategic Marketing Management focuses on the nimble...
Coaching is one of the fastest-growing areas of leadership development. Positive returns on coaching investments rely on the ability of coaches to...
In times of economic uncertainty, strategic accounts are a company's most valuable asset. The ways in which they are identified, nurtured and...
Today's challenging context requires organizations to find real solutions to drive growth and make new ventures successful. Developed by Professor...
In today's fast-paced environment, developing breakthrough strategies is critical. Companies need tools and frameworks to accurately evaluate their...
New leaders in transition face incomparable difficulties. Leading cross-functional teams, defining strategic directions, making the best possible...
In today's rapidly changing business environment, innovation and creativity are critical to help a company survive and thrive. Exclusive to...
As organizations stretch to meet the demands of today's economic climate, negotiations take on an ever more importance for reaching business goals....
During difficult economic times, companies must differentiate themselves in new ways to build a solid and loyal customer base. Unique to Columbia...
Challenging times require outstanding executives who can lead with vision, courage and inspiration. To do so, executives need to step back and have...
For the second year in a row, CBS teams were awarded both first and second place for their corporate turnaround strategies in the Carl Marks Student Paper Competition. Read more...
Strategic Intuition: The Creative Spark in Human Achievement, by Professor William Duggan, will be the first book published under the Columbia Business School Publishing imprint. Read more...
pi17@columbia.edu 212-854-2740
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David Rogers, Executive Director of the Center on Global Brand Leadership at Columbia Business School, was given the prestigious "Brand Leadership Award" at the 18th annual World Brand Congress held on November 4th & 5th in Mumbai India. Rogers also served as Keynote Speaker at the event, which had the theme "Brands - Recharge, Innovate, Re-engage in Today's Times."Â Read more...
The Center on Japanese Economy and Business(CJEB) and The Program for Economic Research(PER) organized a conference titled "Coping with Crisis: Financial Policy in the U.S. and Japan" from 6:00 p.m. to 7:30 p.m. on Tuesday, November 10, 2009 at Columbia Business School. This was the inaugural event of CJEB's new program, "New Financial Architecture-Japan & the U.S." Read more...
A new case study co-authored by Professor Bernd Schmitt examines how Wegelin & Co., a Swiss bank that has reached star status within its region and industry, faces difficult expansion decisions as it looks towards the future. Read more...
Corporate Social Responsibility (CSR) initiatives which at one time helped companies to differentiate themselves are now expected practices, and distinguishing a company through "green initiatives" is a particularly high hurdle. A new case study co-authored by Columbia Professor Bernd Schmitt examines how these familiar challenges are impacting the Yuhan-Kimberly Corporation (Y-K), and what strategies the company is considering in response. Read more...
Dan Rosensweig, the president and CEO of Guitar Hero, a division of Activision, has been appointed Columbia Business School's newest executive in residence. Read more...
The Center on Japanese Economy and Business, Columbia Business School and the Program for Economic Research are organizing a conference on Tuesday, November 10, Coping with Crisis: Financial Policy in the U.S. and Japan. The speakers are Professors Heizo Takenaka of Keio University, Patrick Bolton of Columbia Business School, and Takatoshi Ito of The University of Tokyo. The conference will be held from 6:00 p.m. until 7:30 p.m. in Uris #301at the Columbia Business School, followed by a reception until 8:30 p.m. Read more...
The Wall Street Journal highlights Professor Joel Brockner's research on the importance of fairness during layoffs at the workforce. Read more...
Professor Wouter Dessein participates in Keizai Koho Center Invitation Program for U.S. Business School Educators Read more...
Video available for the symposium "Japan's Solar and Wind Ambitions: How Promising is the U.S. Market?" held on February 5 in New York Read more...
A speaker at the BRITE 09' conference, put on by the Center on Global Brand Leadership at Columbia Business School, presented a method for generating innovative ideas. Read more...
Prof. Mark Cohen says retail executives who respond aggressively to the challenges currently facing their industry will fare best. Read more...
On February 19, 2009, The Columbia Institute for Tele-Information and The Georgetown Center for Business & Public Policy hosted "Implementing the Broadband Stimulus: Maximizing Benefits and Monitoring Performance" at the National Press Club in Washington, D.C. Presentations have now been posted online, and press coverage is listed here. Read more...
An impressive group of speakers gathered at Columbia Business School last Thursday, February 5 for a symposium titled "Japan's Solar and Wind Ambitions: How Promising is the U.S. Market?" The event, organized by the Center on Japanese Economy and Business with the support of the Mitsui USA Foundation, marked the 10th anniversary of the Mitsui USA Foundation's sponsored symposia at Columbia Business School and was the first-ever to include a remote audience of Columbia Business School's alumni association in Tokyo via live webcast. Columbia Business School's Energy Club, Green Business Club, and Japan Business Association also cosponsored the event. Read more...
Prof. Mark Cohen expresses skepticism that attempts to convert brick-and-mortar retailers to online businesses will succeed. Read more...
Raymond D. Horton, the Frank R. Lautenberg Professor of Ethics and Corporate Governance at Columbia Business School, is appointed the faculty director of Social Enterprise programs within the Executive Education division. Read more...
The Edmond de Rothschild Foundations Partner with Columbia Business School and Scholars from Cambridge University Read more...
The Center on Japanese Economy and Business (CJEB) continued its Zandankai Series of lunchtime, informal discussions as it welcomed Mr. Michihisa Shinagawa, president and CEO of Sumitomo Corporation of America, to the Business School on November 13. Faculty and students filled the room to listen to Mr. Shinagawa's discussion titled "Approaches to Change - Conquering the 'Crisis of a Century'."� The event was cosponsored by the Japan Business Association of Columbia Business School. Read more...
Mr. Steve Sturm, the group vice president of Americas strategic research and planning and corporate communications for Toyota Motor North America, came to Columbia Business School on Thursday, November 6 to discuss the global automobile company's "Green Strategy." The event was organized by the student led Japanese Business Association and Green Business Club, with the support and cosponsorship of the Center on Japanese Economy and Business. Read more...
MBA students report on their social enterprise summer internships Read more...
In a candid discussion, Pandit attributed the recent economic turmoil to severe global imbalances and outlined the strategy for Citigroups recovery. Read more...
“The core is essential to preparing our students to analyze, decide and lead in an increasingly complex and global business environment,” said Dean Glenn Hubbard. Read more...
Professor Gita Johar finds that when it comes to choosing a spokesperson to deal with a crisis situation, companies should consider face shape. Read more...
On Thursday, June 5, Professor Geoffrey Heal will speak about his new book, When Principles Pay: Corporate Social Responsibility and the Bottom Line, at an Alumni Club of Switzerland event. Read more...
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Columbia University team, consisting of four MBA students, takes first place in Global Social Venture Competition. Read more...
The Class of 2008 broke former participation records with a 95 percent participation rate in student contributions to the annual class gift. Read more...
Presentations Online from Paris Ultrabroadband Conference (4/3 - 4/4/08) Read more...
Following the close of a difficult quarter, investors will be watching closely as Citigroup CEO Vikram Pandit ’86 continues his push to turn the company around. Read more...
Rejecting calls for Citigroup’s breakup, CEO Vikram Pandit ’86 has vowed to keep the world’s largest bank intact in order to preserve its wide international reach. Read more...
Presentations from CITI's conference "Future Scenarios for Latin American Telecom" are now online. Read more...
CITI and WiMAXDay.com Announce 2 Day WiMAX Investor Summit - May 12 & 13 Read more...
On April 14th 2008, the Columbia Institute for Tele-Information will hold the inaugural meeting of the Network of Research Centers on ICT in Latin America. This cross-disciplinary academic network seeks to advance knowledge on the social and economic impact of ICTs in Central and Latin America, and examine the policy and regulatory issues that affect its broad-based development. Read more...
Conference Registration for Future Scenarios for Latin American Telecom Now Open! Read more...
In this article about mobile phone design, Professor Rita Gunther McGrath comments: "There is an awful lot of pressure to keep the wheels turning instead of putting money into new innovation and development." Read more...
Columbia MBA students’ turnaround strategies for Pier 1 Imports and Trump Entertainment Resorts earned two top awards at the 2007 Carl Marks Student Paper Competition. Read more...
Are Internet Companies Overvalued (Again)? What we can learn from eBay?s acquisition of Skype. by Raul L. Katz and Paul Zangrilli Read more...
Professor Johnson Shows Power of Default Options in FT Op-Ed Read more...
Toby Stuart, the Arthur J. Samberg Professor of Business, was among a select group profiled by the Financial Times in a series focusing on academics breaking new ground with their research. Read more...
Columbia Business School’s Executive Education Division will offer the Negotiation and Decision-Making Strategies course from May 23-25, 2005 on the Columbia University campus in New York City. Read more...