The Stop Online Piracy Act and the Protect IP Act bills aimed at curbing Internet piracy sparked polarizing debate including some websites going dark in protest. Both pieces of legislation have been shelved but the core issues remain unresolved. The overriding question is how to regulate the Internet enough to protect intellectual property while not violating individual freedoms and curbing innovation. Wharton faculty members clarify the issues and offer ideas about how they can be addressed. Ho...
Feb 01, 2012•13 min
When new technologies change the world some companies are caught off-guard. Others see change coming and are able to adapt in time. And then there are companies like Kodak -- which saw the future and simply couldn’t figure out what to do. Kodak’s Chapter 11 bankruptcy filing on January 19 culminates a long series of missteps including a fear of introducing new technologies that would disrupt its highly profitable film business. Hosted on Acast. See acast.com/privacy for more information....
Feb 01, 2012•16 min
As economic malaise bleeds into another New Year many employers are making hard-nosed decisions about benefits and compensation. That means salaries remain flat health care premiums are up the 401(k) match has disappeared and bonuses are smaller or nonexistent. The result not surprisingly is a dissatisfied workforce. Yet as Wharton professors and other experts warn excess frugality on employers’ part could backfire in the long run. Hosted on Acast. See acast.com/privacy for more information....
Jan 18, 2012•17 min
When Scott Thompson was named Yahoo’s new CEO effective January 9 he became the fourth person in five years to take charge of the ailing Internet giant. Experts at Wharton say that Thompson who was previously president of eBay’s PayPal unit might be Yahoo’s last hope for becoming relevant again as a player in online display advertising a market which the media company once dominated. But his main challenge they say is the same as his predecessors’: Define what Yahoo wants to be. Hosted on Acast....
Jan 18, 2012•13 min
As far as a legacy goes says IBM chairman Sam Palmisano ”I just want to leave the company better than I found it.” Judging by IBM’s successes over the past decade Palmisano who was CEO of IBM until he stepped down earlier this month did just that. During an interview with Wharton management professor Michael Useem Palmisano discussed the sale of the company’s personal computer business the PricewaterhouseCoopers acquisition how a big company can encourage innovation and what he learned from his ...
Jan 18, 2012•48 min
Recent high-profile scandals at Penn State MF Global Holdings Olympus and elsewhere raise questions about why organizations often fail to address significant internal problems that at best impede performance and at worst could have devastating effects. In hindsight especially to observers it is clear what should have been done. But for employees exposing such problems is more complicated than telling right from wrong say experts at Wharton and elsewhere. Hosted on Acast. See acast.com/privacy fo...
Dec 20, 2011•13 min
What makes a great leader? At a recent event the seven winners of this year’s Top American Leaders Award from the Center for Public Leadership at Harvard’s Kennedy School and Washington Post Live shared personal observations on how they came by the passion that inspires their work -- and on what irks them about public life. Common in all their views is that leadership is about serving more than one’s self. Hosted on Acast. See acast.com/privacy for more information....
Dec 09, 2011•12 min
If large parts of Europe fall into a recession as many experts are predicting it is likely to have negative although varied effects on economies around the world. As European leaders hammer out yet another package of solutions this week Wharton faculty weigh in on the impact of a eurozone recession as well as the pros and cons of the recovery measures that are up for debate. Hosted on Acast. See acast.com/privacy for more information.
Dec 07, 2011•13 min
Amazon will lose money on each Kindle Fire it sells. Sprint is not expected to turn a profit selling Apple’s iPhone for at least three years. Both companies are banking on customer lifetime value (CLV) a marketing formula based on the idea of spending money up front to gain customers whose loyalty will reap rewards over the long term. The model is becoming more and more popular among technology companies and as software companies increasingly turn to subscription-based business models through cl...
Dec 07, 2011•12 min
While millions of people have read Malcolm Gladwell’s books his ideas have had particular resonance with today’s business leaders. Wharton management professor Peter Cappelli and Gladwell were just named to HR Magazine’s Top 20 Most Influential International Thinkers of 2011.Cappelli spoke with Gladwell by phone about why Gladwell is an ”academic groupie ” the inconvenient truths that can spring from scholarly research and how important decisions -- like going to war or dealing with today’s econ...
Nov 21, 2011•20 min
To its advocates the idea is a no-brainer: Charge a tiny tax on each stock bond or derivative trade to raise badly needed revenue discourage dangerous short-term speculation and make Wall Street help clean up its own mess. But critics of the financial transaction tax concept say that it would actually make markets less efficient hurting ordinary investors by raising costs. Wharton faculty and investment experts weigh in. Hosted on Acast. See acast.com/privacy for more information....
Oct 26, 2011•18 min
The value of a college education is under attack. While more U.S. students are enrolled than ever before a perfect storm of soaring costs rising student debt and shrinking job prospects have led more and more critics to challenge whether college remains a worthwhile investment for students. Knowledge at Wharton spoke to experts at Wharton and elsewhere to examine both sides of a debate that is growing increasingly loud. Hosted on Acast. See acast.com/privacy for more information....
Oct 26, 2011•13 min
The death of Apple co-founder Steve Jobs jolted the tech industry and prompted questions about where the visionary company goes from here. With Tim Cook now at the helm the company is expected to shift from a focus on one figure at the top to more of a team approach. But can Apple sustain the culture of innovation that Jobs cultivated -- and continue its string of hits in an increasingly crowded market? Hosted on Acast. See acast.com/privacy for more information....
Oct 12, 2011•14 min
While the decision to register as an organ donor is a difficult one no one can dispute the tremendous need for such donors. Approximately 110 000 people in the U.S. are waiting for organ transplants and the donation rate in some states is as low as 7%. Against this backdrop Wharton professor Judd Kessler and a co-researcher set out to see whether a change in the system -- one that gives priority on waiting lists to those who register as organ donors -- could cause a substantial increase in regis...
Oct 07, 2011•14 min
Is the tax system in the United States fair? It’s a question brought to the forefront by President Obama’s call for a ”Buffett Rule” (named for legendary investor Warren Buffett) to make sure the wealthy pay a percentage of income in taxes at least as large as that paid by the middle class. Opponents say raising taxes on the wealthy is unfair because the rich already pay far more in actual dollars. Underlying the fairness debate is a practical issue: Can the federal government get its fiscal hou...
Sep 28, 2011•18 min
With millions of people looking for employment the workplace these days is an increasingly unhealthy environment for those who still have and are trying to keep their jobs. One key reason -- a stagnant economy that reduces the leverage employees have when they attempt to negotiate improved working conditions move up in their organization or find better jobs outside the company. What can employees do to make their workplaces less toxic? Hosted on Acast. See acast.com/privacy for more information....
Sep 28, 2011•18 min
Warning signs are flashing red. Bond markets are projecting a 98% chance of default on Greece’s debt. Stock prices for French banks heavily invested in that debt have plunged 10% in recent days. Has the European debt crisis hit the breaking point with Greece -- and perhaps others -- soon to exit the eurozone? Or will officials once more cobble together new agreements that keep Greece in the club and prevent a huge contagion effect likely to cripple an already slowing global economy? Wharton fina...
Sep 14, 2011•35 min
Most stock market experts believe shareholder input is good because it presses managers to do their best to maximize returns. But how does liquidity -- the availability of shares to buy and sell -- affect that shareholder involvement? ”It’s something that has inspired both academic debate and policy debate ” says Wharton finance professor Alex Edmans who has co-authored a paper on how liquidity affects governance. Hosted on Acast. See acast.com/privacy for more information....
Sep 14, 2011•11 min
Ten years ago on September 11 2001 New York City Fire Department Battalion Chief Joseph Pfeifer saw the first aircraft hit the World Trade Center’s North Tower and radioed the alarm the first FDNY fire chief to take command. Today Pfeifer is the New York City Fire Department’s Chief of Counterterrorism and Emergency Preparedness and a Citywide Command Chief. Wharton management professor Michael Useem talked with Pfeifer recently about his leadership during the 9/11 rescue efforts and what the Ne...
Sep 08, 2011•28 min
It’s been a month of seismic change for the tech sector. Hewlett-Packard the largest computer and printer maker in the world may begin to transition away from hardware by jettisoning its PC division. Meanwhile Apple is facing the end of an era with the announcement that visionary leader Steve Jobs is relinquishing his role as CEO. Knowledge at Wharton asked Wharton management professors Saikat Chaudhuri and David Hsu to discuss the outlook -- and future opportunities -- for HP and Apple. Hosted ...
Aug 31, 2011•35 min
South Africa occupies a unique position on a continent that is undergoing a boom. The country is an economic bridge that pairs Western investors with burgeoning business opportunities in sub-Saharan Africa and it is also a source of ideas for other developing countries eager to learn how a fledgling democracy can work in the wake of a trying past. Knowledge at Wharton spoke with South Africa’s ambassador to the United States Ebrahim Rasool about the economic strength of the region its challenges...
Aug 31, 2011•33 min
At the core of the new trend of ”collaborative consumption” is the idea that technologies like the Internet and smartphones can help consumers monetize assets that they own -- their home or car for example -- in ways that were previously difficult or downright impossible. But as these services grow in popularity they face challenges not the least of which is the ability to ensure the safety and security of the assets that consumers are renting out. Hosted on Acast. See acast.com/privacy for more...
Aug 25, 2011•12 min
In today’s economy retailers are hard pressed to increase revenues. Among the biggest challenges they face is matching supply with demand. In The New Science of Retailing: How Analytics Are Transforming the Supply Chain and Improving Performance Wharton professor Marshall Fisher and co-author Ananth Raman argue that retailers have the data they need to manage supply chains more efficiently and increase sales and profits. Knowledge at Wharton spoke with Fisher about what types of data are most im...
Aug 17, 2011•30 min
Gamification may be a new term to most people but for many members of the business community it means a new way to create value for their companies customers and employees among others. What exactly is gamification what is it not and how will it change the way we do business in the next few years? Knowledge at Wharton discussed these issues with professor Kevin Werbach; Rajat Paharia founder of Bunchball a tech company that enables businesses to implement gamification and Daniel Debow co-founder...
Aug 17, 2011•21 min
In a last-minute attempt to stop the U.S. from defaulting on its loan obligations Congress voted this week to increase the country’s debt ceiling by at least $2.1 trillion. The deal includes $917 billion in spending cuts over the next 10 years and the establishment of a congressional committee to reduce the deficit further by $1.5 trillion. Questions remain however: Where will these cuts come from? How will social safety nets such as Medicare be affected? And can the country continue to recover ...
Aug 03, 2011•22 min
Women have been in the workforce for decades but many will acknowledge that it is still a man’s world and that the unwritten rules of the workplace continue to favor men. So how would they structure a professional environment that would help more women reach the corner office? Hosted on Acast. See acast.com/privacy for more information.
Aug 03, 2011•14 min
The United Kingdom’s Prime Minister David Cameron plans to create a national well-being index. French President Nicolas Sarkozy has formed a team that includes two Nobel Prize-winning economists to come up with a system for measuring the nation’s well-being. In China happiness indexes have become so popular that cities there compete for the title of China’s happiest city. Many now argue that purely economic measures of a country’s progress -- such as gross national product (GDP) -- fail to count...
Jul 26, 2011•32 min
The ”phenomenon of free” has hit many businesses hard particularly media businesses argues Saul J. Berman Global & Americas Leader for the IBM Strategy & Change Consulting Group. In Not for Free: Revenue Strategies for a New World Berman offers lessons from businesses that have integrated successful business model innovations as well as from businesses that have failed to do so. Recently Knowledge at Wharton and Jerry (Yoram) Wind sat down with Berman to discuss his thoughts on who pays ...
Jul 22, 2011•21 min
Rupert Murdoch chairman and CEO of New York-based News Corp. has built a fortune on the scandals of others. Now at age 80 Murdoch finds himself at the center of his own ever-widening scandal one that threatens his hold on a $40 billion global media empire. According to Wharton faculty and other experts News Corp. needs to address its ethical issues at all levels of the organization -- not just the top rungs. Others note that no matter what happens to Murdoch or his business the scandal itself wi...
Jul 20, 2011•15 min
Given two gold mines with the same amount of gold in the ground the same cost of extraction and the same worldwide demand why is one mine valued 10 times more than the other? Because one has local support and the other doesn’t argues Wharton professor Witold Henisz. In a new research paper Henisz and his colleagues show how cooperating with rather than antagonizing external stakeholders generates sustainable shareholder value for companies around the world. Hosted on Acast. See acast.com/privacy...
Jul 20, 2011•11 min
