B-School Bulletin: 8 Things LBGTQ+ MBA Applicants Should Know

Harvard Announces Goldsmith Fellows

News from HBS

“Harvard Business School has announced the 2018 recipients of its Horace W. Goldsmith Fellowships. Established in 1998 by the Horace W. Goldsmith Foundation and Richard L. Menschel (MBA 1959), a former director of the Foundation and a limited partner at Goldman Sachs, to encourage students from the nonprofit sector to attend HBS, these fellowships enable the School to award approximately $10,000 each to seven to ten incoming MBA students.

Since 1990, 209 incoming students have received the fellowship. Recipients of the award have served in leadership roles in nonprofit and public sector organizations and demonstrate a strong commitment to continued career paths in these areas. New recipients are invited to participate in events with current and former recipients as well as local social enterprise leaders in an effort to create a network of individuals committed to working in social enterprise.

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“Write it down. Schedule everything. Assign blocks of time and color coding, sprinkle with magic dust, then hold your breath and hope there aren’t any interruptions. That’s the downside of traditional time-management planning: It’s only effective when things go …. as planned.

“Which, in today’s dynamic workplace, is pretty much never. The same variables that make work interesting and satisfying — unexpected challenges, complex responsibilities, a fast pace — also create constant disruptions. Some estimates suggest that employees are interrupted or forced to switch tasks an average of every three minutes. Unplanned breaks take a toll on productivity. They also dampen employees’ enthusiasm for the job.”

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Understanding The 7 Mindsets Of International Negotiation

News from LBS

“When it comes to negotiating, some people just want to win at all costs. Others are more interested in working together to reach an agreement that satisfies everyone involved. To get the best possible outcome, you need to understand who you’re dealing with and what motivates them – but how?

“Marc Jacobs, Senior Associate Partner of Hofstede Insights, London Business School Sloan Fellow and co-author of Negotiate Like a Local, shares his insights on the seven different types of negotiators you’ll encounter and how to handle each one.”

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Everyone Wants Pharmaceutical Breakthroughs. What Drives Drug Companies To Pursue Them?

News from Northwestern University Kellogg School of Management 

“When choosing which new products to develop, companies must decide how much they want to innovate. Should they make an incremental improvement on an existing product? Or should they create something entirely new?

“Dimitris Papanikolaou, a professor of finance at Kellogg, explored how this choice plays out in the pharmaceutical industry.

“Some researchers argue that pharmaceutical firms these days are often making minor changes to existing medications instead of delivering innovative drugs. And, given the potential life-saving and life-improving power of new drugs, such a trend would have clear consequences for society.”

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Rotman Study: Twitter Useful For Stock Picks

News from University of Toronto Rotman School of Management

“Despite concerns to the contrary, it turns out that Twitter is not uninformative when it comes to its reliability as an investor information source.

“New research shows that the hive mind created by the social media platform does a good job of predicting company earnings and their subsequent impact on stock prices.

“The study was motivated by exponential growth in ‘peer-to-peer’ sharing and information tools, exemplified by social media such as Twitter, said Partha Mohanram, John H. Watson Chair in Value Investing, and professor of accounting at the University of Toronto’s Rotman School of Management. He conducted the study with researchers from two other universities.”

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