For the 4th Straight Year, Yale SOM students took top spots in the "You Belong in Connecticut" Collegiate Business Plan Competition. In the competition between teams from Yale, Quinnipiac University, University of Connecticut and Sacred Heart University, JetDirect placed first and Athletic Clubs of America placed fifth.
Jeffrey Sonnenfeld appears in a Newsweek article (April 28 issue) titled, "The CEOs Challenge," speaking about how the new breed of lower profile CEOs can be a mixed blessing. "Charisma still counts, having a compelling vision still counts, but instead they're retreating and not speaking out on public issues."
Barry Nalebuff co-wrote an Op Ed with Ian Ayres that appeared in the New York Times (April 15) titled "Charity Begins at Schedule A." They proposed some small changes in tax law that could encourage people to be more generous.
The Private Equity Student Interest Group at the Yale School of Management hosted the third annual Private Equity Conference. This year's conference, Surviving the Downturn; Preparing for an Upturn, attempted to look ahead in what appears to be a very challenging economic and political environment.
New Haven, CT, April 21, 2003 – In the midst of the worst mutual fund performance in a decade, a Yale School of Management research team proposes a new financial model to identify mutual funds that will substantially outperform the market benchmark.
By The 2003 SOM China study trip members. Prepared by Jonathan Cohen.
"Why did you come to China?" This was the often-repeated question that Chinese students, managers in both domestic and multinational companies, and even the US Consul General in Shanghai, asked us during our 15-day trip. Perhaps it was the diversity of our group that triggered the repetitive question. Of the 15 students that participated, there were 10 nationalities across 3 continents, 5 Mandarin speaking students, 3 second-year students and 12 first-years. Our whirlwind tour of China included visits to 6 cities (Hong Kong, Shenzhen, Shanghai, Guangzhou, Tianjin and Beijing), 20 Chinese and multinational firms in 10 sectors including financial services, law, consulting, pharmaceuticals, automobiles, energy telecommunications, media, consumer goods and real estate.
The nature of medical care is changing. The paternalistic model, in which physicians unilaterally decide which treatment is best for each patient, is gradually being replaced by an approach in which patients have an active role in health care decisions. In addition to adhering to the principles of informed consent and promoting patient autonomy, greater patient involvement appears to improve health outcomes. For example, adherence to complex regimens in the treatment of diabetes is greater if patients are active participants.
The Yale School of Management's International Center for Finance and the Yale SOM Alumni Association of New York City, hosted a lively discussion of Professor Robert Shiller's new book, The New Financial Order: Risk in the 21st Century, on April 8th at theYale Club of New York City. In the company of over 300 business leaders, alumni, and friends of the school, Professor Shiller unveiled his plan for our financial security by describing new ways to hedge against the ever-increasing risks that society faces. His previous book, the bestselling Irrational Exuberance, generated much interest around the world and warned of the likely explosion of the stock market bubble in the spring of 2000, and published a day before the market crash.
New Haven, CT, April 15, 2003 – In the midst of the worst mutual fund performance in a decade, a Yale School of Management research team proposes a new financial model to identify mutual funds that will substantially outperform the market benchmark.
On Saturday, April 12th the Yale Entrepreneurial Society (YES) held its second annual Innovation Summit and fourth annual Y50K Entrepreneurship Competition Awards Ceremony. The day consisted of a series of professional panels on social and pure for-profit entrepreneurship -- discussing such topics as technology's implications for media and use of the Internet to promote social causes. The day concluded when professional venture capitalists and industry leaders selected the winners of $100,000 in cash and prizes for best business plan in the categories of for-profit and social entrepreneurship.