News and Knowledge for KACC Members
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Poets&Quant’s 2024-2025 MBA Ranking: For The First Time Ever, Kellogg Takes First
Poets&Quants released its 2024–2025 MBA ranking with Kellogg earning the #1 spot for the first time, attributed to strong showings in Financial Times, Bloomberg Businessweek, and The Princeton Review rankings. The article draws from an interview with Associate Dean of Degree Operations Greg Hanifee and highlights Kellogg’s emphasis on team-based learning, innovative curriculum advancements, and collaborative community.
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10 Ways to Supercharge Your Career
The Harvard Business Review article features insights from Prof. Nicholas Pearce who emphasizes the importance of aligning your career with your highest values and purpose, focusing on work that feels like an authentic calling and allows your true self to shine through
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Best Companies for Future Leaders
This Poets&Quants article covers Time’s Top 50 Companies for Future Leaders. McKinsey, IBM and Goldman Sachs took the top spots this year.
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Here's the One Trait You Need to Be A Successful Entrepreneur
Article cites a Kellogg Insight piece on research from Prof. Derek Rucker which shows that while people often want to think of themselves as brave, they typically reserve risk-taking for times when there are significant gains to be had.
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MBA Ranking: Nearly a Third of Fortune's Most Powerful Business Leaders Have MBAs
Nearly a third of Fortune's "100 Most Powerful People in Business" hold MBAs, highlighting the degree's strong representation among top business leaders. Kellogg alumnus Darren Woods, CEO of ExxonMobil, was featured on this year’s list from Fortune.
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Poets & Quant's 2024 Executive MBA Ranking
Poets & Quant’s has released its EMBA ranking. There is a composite of the rankings in Fortune, Financial Times and U.S. News and World Report. Kellogg ranks No. 2.
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Women are breaking enrollment records at top MBA programs-but more proress is needed, report says.
Eight business schools (including Kellogg) reached gender parity in 2024 among full-time MBA students. Dean Francesca Cornelli is featured as a female dean leading a top business school and is quoted on Kellogg’s commitment to women. Kellogg is the alma mater of four of the Fortune 500 women CEOs with an MBA—the most of any institution. . Axios and Business Because also featured Kellogg among schools reporting gender parity this fall.
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Apparently, Failure is Overated
Article features research from Prof. Lauren Eskreis-Winkler which shows people overestimate others’ likelihood of success after failure, leading to reduced support for programs aiding success as individuals often don’t adequately learn from their failures without guidance.
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Creating A Video-First Website To Strengthen Your Brand Connection
Article cites a Kellogg Insight piece by Prof. Mohanbir Sawhney explaining the importance of “transmedia storytelling” to the future of brand narratives.
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Building A Value Based Legacy Across Your Company
In this article authored by Prof. Harry Kraemer, he emphasizes that companies must foster a culture where every employee, from entry-level to CEO, is encouraged to live the company’s values, find purpose in their work, and give back to the community.
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Pitch Book's 2024 Top Universities Ranked by Startup Founders
Pitch Book has released its 2024 list of the world’s best university programs for startup founders. Northwestern ranks at No. 6 for MBA founders, with totals of 798 founders, 758 companies, & over $21B raised.
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More Executive MBA students look to switch careers
Article features Kellogg EMBA alumna Laura Glaab ’22, who discusses how she used the two-year EMBA as a springboard to reinvent her career. Glaab’s story reflects a broader trend of students who are using the EMBA to change careers, not just climb the corporate ladder.
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Northwestern's Kellogg School plans new building, launches $600 million fundraising effort
Article announces Kellogg’s plans for a new, state-of-the-art facility, as part of a $600 million campaign to enhance its business education offerings. Quotes from Dean Francesca Cornelli and President Michael Schill are featured.
Photo credit: Northwestern University
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The impact of AI on the workforce, education, and the economy
In a Sept. 24 Washington Post webinar, Andrew Ng, founder of DeepLearning.AI, Raffaella Sadun, professor at Harvard Business School, and Matthew Beane, assistant professor at UCSB, explore the ways artificial intelligence could transform America’s workforce, economy & classrooms.
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Want Start A Business? Consider Buying One Instead? Here's Why
Article features Prof. David Schonthal's description of entrepreneurship through acquisition as “less sizzle, more steak”: while it might not be as hyped as the startup life, buying an already established and solvent business and running it your way is still entrepreneurship.
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Is AI making it harder for workers to find jobs?
Article by Prof. Hatim Rahman argues that for marginalized job seekers, finding a job in today’s economy is becoming more difficult because of AI.
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Booth and Kellogg Business Schools Near Top of New Ranking
Booth and Kellogg finished at No. 2 and No. 3, respectively, in this year’s Bloomberg Businessweek Best Business School rankings. The article features comments from Associate Dean of Degree Programs and Operations Greg Hanifee, who says that the ranking is a testament to Kellogg’s well-rounded experience and commitment to students.
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How will AI reshape our world? Its really up to us
Republished from Kellogg Insight, article provides insights from Prof. Hatim Rahman on how AI’s integration into industries will be gradual, allowing us the time to shape its use in ways that support human priorities.
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The Hidden Forces That Shape Our Behavior
In this podcast episode, Prof. Ivy Onyeador highlights that while diversity training can raise awareness of implicit bias, real change comes from meaningful, sustained interactions with people from diverse backgrounds.
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2024 Chicago Innovation Hall of Fame Inductee: Phil Kotler
Kellogg Prof. Phil Kotler was recently inducted into the Chicago Innovation Hall of Fame honoring his 50+ year career in marketing.
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Quit A Six-Figure Job For An MBA? That's What Students Have Done At These Ten B-Schools
Kellogg is listed as No. 5 among schools where pre-MBA pay is the highest, with a pre-MBA salary of $110,184.
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The latest JOLTS report points to a slowing labor market. Here’s what experts say HR leaders should pay attention to
Article features Prof. Ben Friedrich who suggests that firms and workers are hesitant to make changes due to uncertainty in the labor market, leading to lower quit rates and a preference for maintaining internal workforces.
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A.I. Can Write Poetry, but It Struggles With Math.
Article investigates AI and its difficulty computing accurate responses for math-related questions. Prof. David Ferrucci, who led the team that built IBM’s famed Watson computer, offers his insights on how important accuracy is to answer any type of question, math-related or not.
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Joe Biden’s 2024 election exit presents a cautionary tale for corporate America about leadership development.
Following President Biden’s exit from the presidential race, Prof. Harry Kraemer reflects on the importance of having others ready to take your position if something goes awry.
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Methodology for Fortune’s ranking of the best executive MBA programs.
Kellogg is named the No.1 EMBA program based on Fortune’s 2023-2024 ranking. Fortune's EMBA ranking considers factors like tuition costs, graduation rates, & management experience, among other criteria, to evaluate & rank programs.
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MBA Ranking: Business School Careers, Culture and Curriculum
The Princeton Review has released its 2024 MBA ranking, which shares the Top 10 performers across 18 categories. Kellogg ranked among the best across the board. The article also features a quote from Ass’t Dean of Admissions & Financial Aid Emily Haydon on Kellogg’s approach to leadership.
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How the sky became a giant billboard
Article features Prof. Alexander Chernev, who suggests that drone shows appeal to big brands because they effectively create memorable associations on a massive scale, and offer a novel way to promote their story in an uncluttered space—the sky.
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Innovation Requires an Environment of Creative Risk
Article by Prof. David Schonthal suggests that true innovation requires an environment that embraces risk and encourages creative ideas, necessitating a thoughtful approach from leaders to maintain play and engagement.
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Afraid Success Has Passed You By? To Be Remarkably Successful, Science Says Time (and Mastery) Is Truly on Your Side
Article cites research from Prof. Ben Jones which found the average age of entrepreneurs who start a company and go on to hire at least one employee is 42.
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The 100 U.S. Companies Where Business Grads Want To Work The Most
For the first time in several years, JPMorgan Chase has overtaken Google as the most desired U.S. employer among business school students, as reported by Universum. Data from the survey also shows that students are prioritizing secure employment and high future earnings over work-life balance.
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People often overestimate their resilience following failure, research suggests
Article features new research from Prof. Lauren Eskreis-Winkler which found that people systematically overestimate the likelihood of resilience following failure. Also featured by the American Psychological Association and WSB-AM Radio.
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Why your boss still values performative busyness—and what to do about it
Article includes commentary from Prof. Adam Waytz who argues that a culture of performative busyness and stress-bragging, often encouraged by workplaces, undermines productivity and mental health, and should be countered by leaders promoting work-life balance.
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Companies are touting women in the C-suite – but their ranks are falling
Article features insights from Prof. Nicholas Pearce who notes that organizations, fearing legal and political repercussions, are reversing DEI efforts, leading to fewer women and people of color in leadership positions.
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AI Coaches are Here. Should You Trust Them?
Article features insights from Prof. Hatim Rahman who emphasizes that AI career coaches can be useful for generating ideas and additional perspectives, but should not replace personal judgment or human mentors who have awareness of one's career trajectory and experience.
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Research: Why Companies Should Disclose Their Lack of Progress on DEI
Article co-authored by Eileen Suh, a postdoctoral scholar at Kellogg, dives into her research which indicates that companies should disclose their lack of progress on DEI because transparency about struggles can enhance their reputation by signaling genuine commitment to these goals.
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Google rolls out more tools for advertisers-including new formats for AI-generated search
Article features commentary from Prof. Jim Lecinski who highlights that Google's AI-driven advertising innovations, particularly in creativity, personalization, and user engagement, represent a significant shift towards more efficient and engaging digital marketing.
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What does it mean to have an ethical career? And why should you care?
Podcast features Prof Maryam Kouchaki who discusses her research on developing ethical careers, and why it’s so difficult for some.
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Studies Show Women Need Each Other's Support to Reach Maximum Success--and I've Experienced This Firsthand. Here's How
Article cites research co-authored by Prof. Brian Uzzi. The study discovered that successful women maintain close inner circles of female contacts, leading to leadership positions with authority and pay levels 2.5 times higher than their peers lacking such networks.
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Top MBA Pay At the Top 100 U.S. B-Schools
Article reports on salary data at top U.S. B-schools, including Kellogg. Kellogg is noted for its 28.2% pay growth between 2018-2023 and for being part of the “200K compensation club.”
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AI And Our Future: Riding The Wave
Article features insights from Prof. David Schonthal who suggests that skepticism toward new technologies like AI often stems from a tendency to underestimate their potential due to a focus on existing paradigms, fear of change, and privacy concerns.
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Pause For Effect: Utilize Strategic Silence
Article features Prof. Leigh Thompson who shares that during a typical six-person meeting, the same two people will speak more than 60% of the time, underscoring the importance of strategic silence in meetings.
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Banks are still where the money isn't
Article features research from Prof. Gregor Matvos which highlights the significant decline in traditional bank-led financial intermediation since the 1970s, with private credit increasingly being intermediated through arms-length transactions such as securitization.
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How To Make Remote Work Successful
Article cites a Kellogg Insight article featuring research from Professor Hyejin Youn which found that researchers who collaborated locally were much more likely to gain new knowledge from their teammates than those who collaborated at a distance.
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For B-Schools, Is AI A Threat Or An Opportunity? Here’s What Deans Think
Article covers a conversation on AI between business school leaders at the AACSB conference held this week. At the conference, attendees also tested an AI-powered chatbot called ChatSDG, which rates scholarly journals and articles based on alignment with the UN's Sustainable Development Goals, reported by Bloomberg.
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What Make Some Ads So Powerful
Article by Professors Derek Rucker and Tim Calkins emphasizes the importance of balancing creativity with strategic thinking in advertising, presenting the ADPLAN framework to help marketers create effective and memorable ads that resonate with their target audience.
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It's performance review time. Which ranking system is best for your team?
Article features republished Kellogg Insight piece featuring expertise from Prof. George Georgiadis on the most effective way to administer performance evaluations.
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Leading the 6-Generation Workforce
Article by Prof. Nicholas Pearce emphasizes understanding the six generations present in today's workplaces, offering key steps for leaders to create healthy and sustainable organizations that include individuals from all age groups.
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9 product management bootcamps for learners of all technical backgrounds.
Article lists top product management bootcamps available online, featuring Kellogg’s Professional Certificate in Product Management.
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Need to Spark Ideas and Inspiration? Pack Your Suitcase for Some Time Away
Article by Prof. David Schonthal explores the connection between travel and creativity, discussing how immersing oneself in a new environment can spark novel ideas, with a nod to Kellogg's Levy Inspiration Grant program.
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Special Report, Women in Business
The Financial Times has released a collection of articles surrounding women’s workplace trends and career tips. Notable articles include: Interview: Stefanie Drews on rethinking strategies for women in finance, US unions woo female workers on gender pay gaps, and Hybrid split between home and office remains a work-in-progress.
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Kellogg Chronicles: Leading the Business of Healthcare Conference
In the newest Kellogg Chronicles column, Business of Healthcare Conference organizers Jake Howell ’24, Mara Walli ’24, and Megan Sullivan ’24 reflect on the event’s impactful programming. They also discuss how the process of coordinating the event offered them meaningful opportunities to hone their leadership skills.
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How to manage tensions with coleagues and avoid confrontation
Article features insights from Prof. Leigh Thompson who suggests that conflict can actually indicate a thriving and dynamic work environment, characterized by individuals who are deeply invested in and passionate about their work
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Business School Rankings
The Financial Times has published its 2024 MBA rankings, with Kellogg ranked at No. 6 this year. Poets&Quants covered the ranking, noting that Kellogg widened the gap with Chicago Booth. Wharton secured the top spot after a year's absence, while Harvard and Stanford experienced significant declines this year.
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Introducing Crain's 2024 Women of Note
Dean Francesca Cornelli is featured as one of Crain’s 2024 Women of Note. The feature notes that she has navigated a dynamic career across global institutions and leveraged Kellogg's crisis management courses during the COVID-19 pandemic. She emphasized the school's focus on leadership during turbulent times while aiming to attract students through innovative programs such as the MBAi.
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Northwestern, Kellogg to launch Center for Enlightened Disagreement
Article announces the launch of the Center for Enlightened Disagreement, a new research center aimed at developing stronger ways to engage in diverse perspectives. Article features quotes from Dean Francesca Cornelli and Prof. Nour Kteily. Also covered by the higher education outlet Diverse.
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How to Survive Being a 24/7 Boss
Article features insights from Prof. Harry Kraemer on how to maintain a good work-life balance and what he would do to avoid burnout when given the chance.
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Here's Why the Word of the Year is 'Authentic.'
Article cites Prof. Jake Teeny’s interview with Kellogg Insight about how it is more important to come off as authentic than it is to come off as perfect or polished.
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Announcing the Thinkers50 Radar 2024
Article highlights Prof. Hatim Rahman as one of the premier management thinkers of 2024, due to his work that will shape the future of how organizations are managed and led.
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10 Best MBA Programs for Tech Jobs in 2024
Article highlights Kellogg as one of the 10 best MBA programs for those in the tech industry, ranking higher than peer schools such as UChicago Booth, Columbia Business School and Berkeley Haas.
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MBA Interview Questions: A School-by-School List for 2024
Article lists school-specific interview questions for several top B-schools, including Kellogg.
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Have Scientific Breakthroughs Declined?
Article features Prof. Brian Uzzi, who discusses how scientific disruptions happen on a more gradual scale as researchers take on different pieces of problems in a divide-and-conquer fashion.
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Kellogg MBA Employment Report Class of 2023: Record High Median Compensation & Consulting Placement
Article covers Kellogg’s recently released employment data, highlighting record compensation and top industries for grads.
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How Kleida Martiro went from associate to partner at GlasswiVentures in 4 years by going all in on AI
Article features Kellogg alumna Kleida Martiro ’19 and her story on how she became partner in four years by investing in AI.
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Top Master in Management Programs in the U.S.
The Master in Management program at Kellogg is featured in a list of five of the top MiM’s in the U.S.
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Not Sure Where to Start with Your AI Strategy? Here Are 3 Steps
Companies across the economy are harnessing AI for a variety of functions in their businesses, with some further along in their strategies than others. Prof. Brian Uzzi, offers a three-step guide for business leaders looking to plot out their companies' AI strategies.
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For Your Next Pitch, Ditch the PowerPoint and Pick Up a Pen
This article is written by Prof. David Schonthal, who encourages everyone to go off script, close their laptops, and draw out or describe ideas in real life when appropriate to foster human connection.
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Young workers grapple with the future of AI, worry about being replaced by technology
Article features Prof. Bryan Seegmiller & his research which found a significant pattern of job loss was what they described as skill displacement. New technologies & tools change how jobs are done. Seegmiller emphasizes that workers may have to learn new skills to keep up.
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Why Kellogg Dean Francesca Cornelli believes empathy is a skill every leader needs now
Dean Francesca Cornelli emphasizes the importance of empathy as a leadership skill, advocating for its integration into business education. Dean Cornelli sees empathy as crucial for managing change, particularly in the face of advancing AI, where leaders must bridge the gap between technical experts & business perspectives.
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The Best Companies for Future Leaders
The article identifies top companies for future leaders, featuring insights from Bernard Banks, Associate Dean for Leadership Development & Inclusion. Banks suggests the competitiveness of entry, coupled with robust learning opportunities, shows employees in these firms may already desire to be a leader.
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High & Low Healthcare MBA Salaries at the Leading U.S. B-Schools
Article lists high, low and average healthcare salaries at the top U.S. MBA programs, including Kellogg. The piece mentions the new HCAK Deep Dive program & healthcare MBA pathway. Prof. Craig Garthwaite, Director of Healthcare at Kellogg, is quoted, emphasizing the importance of business education in the sector.
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'A steady climb toward 50-50': MBA enrollment hits historic 42% for women
Article reports that gender parity is slowly but surely becoming much more of a reality in full-time MBA programs, with women’s MBA enrollment hitting a historic rate of 42% in 2023. Kellogg is listed alongside HBS and GSB as schools reporting full-time MBA enrollment for women at or above 40%.
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Duke Fugua 2023 Jobs Report: Another Big Jump in Median Salary & Total Comp
Duke Fuqua has released its MBA Class of 2023 employment data, reporting a jump in total compensation & a drop in tech placement over the last couple years.
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Landmark Gift Endows Powerful Kellogg Entrepreneurship Program
Article shares that the Zell Fellows Program at Kellogg has received a $25 million gift from the Zell Family Foundation in honor of the program’s 10th anniversary, creating a permanent home for it at the school.
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Business Schools Grapple with How to Teach Artificial Intelligence
Business schools are adapting to address the growing importance of artificial intelligence in business, with a focus on teaching students how to apply & understand AI technology. Kellogg, with its MBAi program, is listed among business schools that are adding AI components to their curricula. The MBAi program was also featured in Entrepreneur.
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FT Executive MBA Ranking 2023
The joint Kellogg-HKUST program has retained first place in the latest FT EMBA Ranking.
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No more 'mandatory fun': Workers say they've stopped feeling bad about skipping happy hour, even if it comes at the cost of their careers
Article quotes Prof. Adam Waytz, who suggests that companies can do more to promote positive morale by giving employees back their free time.
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Mistakes First-Time Managers Make When Giving Feedback
Article by Prof. Brooke Vuckovic shares steps that new managers can take to become better at providing feedback, & it starts with becoming aware of mistakes they may be making and how to avoid those pitfalls.
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$25 Million Gift Funds Kellogg’s First-Of-Its-Kind Research Institute For Complex Problems
Announcing the launch of the Ryan Institute on Complexity, funded by a $25 million donation from the Ryan Family Foundation, which is part of a larger $480 million gift. The institute—led by Professors Dashun Wang, Brian Uzzi, and Ben Jones—will focus on studying how system interconnections impact the success of organizations, particularly exploring how machines and humans can work together effectively in the age of AI.
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Janice Eberly on Fed Policy, US Debt, Inflation
In this broadcast segment, Prof. Janice Eberly discusses Fed policy and U.S. debt from the Jackson Hole Economic Policy Symposium.
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How to Negotiate Your Salary in the Age of Pay Transparcy Laws
The article features Prof. Victoria Medvec, who advises job seekers to appreciate the power of pay transparency, do thorough research to understand where they fit within compensation bands, articulate how they'll add value to the company, and frame the negotiation in terms of mutual interests.
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Kellogg; Special Collection of Generative AI Articles
The rapid advancement of generative AI holds immense potential to transform the economy and how work is done. Kellogg faculty offer insights and research findings in this curated collection of Generative AI articles.
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Confusion Clouds Forecasts for the Economy
Professor Phillip Braun discusses how predictions of a recession in the U.S. turned out to not be true, resulting in confusion about the future amongst economists.
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Why we need "the Great Conversation' to recover from the Great Resignation
Professor Michelle Buck explores the workplace after the “Great Resignation” and potential solutions for companies in the future.
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Commentary: When the workplace is everywhere, manage from the middle
Prof. Harry Kraemer suggests that managers should find a middle ground in managing the post-COVID workplace instead of dwelling on extremes, considering factors like collaboration, the value of in-person work, balance, & regular team check-ins
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4 steps leaders must take to make the most of AI and not get left behind, according to an MBA professor
In this article, Prof. Leigh Thompson provides four big-picture tips for leaders to embrace and work effectively with generative AI in the workplace.
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'Barbie' is a hit and all kinds of business are hopping on the bandwagon
This article quotes Prof. Tim Calkins, who explains that the "Barbie" movie has become a massive opportunity for marketers to attract new customers of all ages and stay culturally relevant in a fragmented world.
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These 5 top-ranked MBA programs offer artificial intelligence programs
Several AI courses offered by Kellogg are called out (Leading A.I.: Organizations; Ethics and Society; Artificial Intelligence and the Future of Work; Customer Analytics and A.I.; and Human and Machine Intelligence), including the MBAi program.
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Re-Envisioning The Role of Data in Marketing: From An Action-Oriented To A Process-Oriented Approach
Prof. Derek Rucker suggests that marketers should adopt a process-oriented approach that starts with data but focuses on generating hypotheses & understanding the root causes of problems to develop effective long-term solutions.
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The Supreme Court Just Disrupted Elite Firm Hiring, Too
Prof. Lauren Rivera's research reveals that top-tier firms predominantly recruit from a small number of elite institutions, leading to a narrow pipeline that limits diversity & perpetuates socioeconomic advantages.
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Supreme Court Strikes Down Affirmative Action in Higher Education Admissions
Kellogg Dean Francesca Cornelli says that Kellogg is actively participating in University dialogues to “determine how we will comply with the decision while continuing our work to advance diversity, equity, and inclusion on our campuses.” In addition, this Kellogg Insight article features Professor Lauren Rivera’s take on the ruling, its impact, and what she hopes to see elite intuitions do in response.
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The staying power of the Bud Light boycott
The article references research from Professor Anna Tuchman, which shows that the effects of boycotts are often short-lived.
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How to tell when you're getting good advice
The article quotes Professor Lauren Eskreis-Winkler, who discusses how experiencing failure can impact the advice you give, based on her research on learning from failure.
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How to Be More Creative
Research from Prof. Loran Nordgren found that we actually get more creative the longer we focus on a problem or task.
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How to negotiate virtually and win difficult Zoom conversations, according to research.
Prof. Leigh Thompson stresses the importance of developing virtual communication skills for successful negotiations in the digital age and shares research-backed strategies. It was also featured in Insider’s “10 Things in Tech” newsletter.
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Shocking merger of PGA Tour and LIV Golf puts Chicago-based golf sponsors in the rough.
Prof. Tim Calkins says PGA sponsors are in a difficult decision as they decide whether to associate their brands with a Saudi-backed organization or withdraw sponsorship. Prof. Mike Mazzeo suggests that the companies ‘ decisions to continue sponsoring the PGA-LIV entity will depend on their past use of the PGA relationship and desired outcomes.
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Pro Take: Yield-Curve Pioneer Says This Recession Warning Is Real
The article features Prof. Philip Braun, who believes that the presence of an inverted yield curve, despite a strong labor market, indicates an impending recession as it has historically been an accurate predictor.
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Will AI Kill Human Creativity? What Fake Drake Tells Us About What's Ahead
Prof. Brian Uzzi discusses the implications of AI-generated music for what he sees as the inevitable creative class wars against AI and what it means for us all.
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The opportunity in sustainability: engaging in Kellogg Executive Education’s Sustainability Essentials for Leaders
Read about Prof. Meghan Busse’s new sustainability-focused executive education course and the value and need for cross-functional business leaders to participate.
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Opinion: Type in your job to see how much AI will affect it.
Findings from Professors Bryan Seegmiller and Dimitris Papanikolaou which suggest that workers will need to learn new software that uses artificial intelligence to expedite their tasks and increase their productivity. The Kellogg Insight article on their research was also featured in Business Insider.
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There's a right way to give negative feedback to get positive results, according to a mgmt. professor. Here are 3 tips on how to deliver them.
Insights from Prof. Brooke Vuckovic on how to deliver negative feedback: clarify the purpose of the conversation, prepare to receive conflicting data points, and commit to listening well.
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Kellogg rises to #2 in U.S. News & World Report’s best business school rankings.
U.S. News & World Report has published its 2023-24 Best Business Schools rankings. Kellogg's Full-Time and Executive MBA programs are ranked #2, and the Evening & Weekend MBA is #3.
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A Recession is Coming- And Here's How We Know
Professor Phillip Braun predicts the forthcoming recession to persist in mid-2024 and provides a sampling of economic indicators to support it.
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Entrepreneurship Through Acquisition Is Still Entrepreneurship- Here’s How To Think About It New List Item
Professor and Director of Kellogg’s Entrepreneurship program, David Schonthal, discusses why entrepreneurship is more than starting a venture from the ground up and explains why Entrepreneurship Through Acquisition (ETA) is a viable option.
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Harvard Business Review Announces 2022 HBR Prize Winner
Professors Nour Kteily and Eli Finkel were recognized as 2022 HBR Prize finalists for their article “Leadership in a Politically Charged Age.”
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This one radical change to your stock research will revolutionize the results
Research from Professors Ravi Jagannathan and Robert Korajczyk found that using an expanded definition of profit that includes both earnings before taxes, depreciation, and amortization and R&D yields significantly better investment performance.
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People online might not be as outraged as you think
Research from Prof. Billy Brady explores why people tend to misperceive others as angrier than they really are online. In turn, he says, users tend to engage with triggering content, thereby amplifying it and giving it an algorithmic boost.
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The U.S. bank system is more fragile than you'd think
Research from Prof. Gregor Matvos, published shortly after the collapse of SVB, suggests that 186 American banks could fail if half of their depositors suddenly withdrew their funds. The study was also featured in a number of publications, including The Washington Post, The Economist, The Wall Street Journal , Bloomberg, Forbes, etc.
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Remove Boredom and Frustration From Your Customer Journey
Prof. Alexander Chernev discusses the effectiveness of minimizing negative customer experiences. This can be achieved by addressing the two main detractors of a customer’s emotional journey: frustration and boredom.
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Over half of U.S. states will raise minimum wages in 2023. Here's how that could affect higher-earning workers
This article cites research from Professors Erika Deserranno and Nicola Persico which found that raising the minimum wage led to a 4.5% increase in goods sold across all workers.
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Who is Janice Eberly, Leading Candidate for a Top Federal Reserve Job?
Prof. Jan Eberly is the lead candidate to be tapped to serve as the Fed’s vice chair. Her research found that strong and early Fed stimulus policies could help hasten a recovery, particularly when inflation is below the central bank’s 2% target & interest rates are close to zero.
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Commentary: Making a difference to the planet and generating a competitive return
Prof. Aaron Yoon suggests that as more companies take on ESG, they will need to quantify the impact of these actions for both the environment and shareholders.
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Artificial intelligence can help design more appealing cars
Research by Prof. Artem Timoshenko demonstrates that machine learning models can not only predict the appeal of new aesthetic designs but also generate designs that are aesthetically pleasing or aesthetically innovative.
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Artificial Intelligence is booming - but how will it impact your career?
This article quotes Prof. Dimitris Papanikolaou, who says that jobs that emphasize interpersonal skills are much harder to be replaced by an AI.
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If Your Favorite App Disappaered, How Would You Spend That Time?
Based on Prof. Guy Aridor’s research, this article suggests that knowing whether users migrate to other apps or cut back on screen time is critical for understanding the competition in the “attention economy.”
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To Build Entrepreneurial Grit, Think Cookies, Not Lemonade
An article by Prof. David Schonthal says that to prime the next generation of entrepreneurs, there needs to be a more intentional effort to teach and encourage grit & resourcefulness. He discusses how Kellogg’s approach to entrepreneurship works to teach these tools.
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Beware a Culture of Busyness
Article by Prof. Adam Waytz explores both the downsides of busyness (employee turnover, reduced engagement, absenteeism, and impaired health) and the reasons for our obsession with it.
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Will AI replace your doctor?
Article features research from Prof. David Dranove and Prof. Craig Garthwaite which explores the implications of incorporating AI into healthcare—in particular, how such software would affect the central role of the physician.
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Why you are probably doing brainstorming all wrong.
Article by Prof. Leigh Thompson discusses Alex Osborn’s four guiding principles of brainstorming, which are intended to create an environment which liberates people to think more creatively.
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ChatGPT Just Passed an MBA Exam, How Will it Change Business?
Article quotes Prof. Harry Kraemer who says that GPA has never been the ultimate indicator of success, in regard to ChatGPT’s ability to help students pass MBA exams.
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Data Driven at 200 MPH: How Analytics Transforms Formula One Racing
Article by Prof. Joel Shapiro discusses how Formula One race car sponsors, like McLaren, use data analytics to inform everything from car design to racing strategy.
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Academic research award: tipping point for action
Prof. Aaron Yoon has been selected as one of the winners of Financial Times’ Responsible Business Education academic research award for his study on ESG practices and greenwashing.
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The big idea: what's the secret of innovation?
Article features research from Prof. Hyejin Youn, which found that since 1870, innovation became less about new discoveries & more about combining existing technologies in new ways.
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Research: Why Leaders Should Be Open About Their Flaws
Article co-authored by Prof. Maryam Kouchaki discusses her research, which shows that self-disclosure of weakness can cause leaders to come across as more authentic.
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Brand Love Letters: "Dear Disney"
Article by Prof. Derek Rucker reflects on his admiration for Disney’s iconic brand and the way it has maintained magic across its enterprises.
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A major problem: US now in a record $31 trillion in debt
Prof. Phillip Braun, says that interest rates are causing problems, and the Treasury is financing the debt with short-term borrowing.
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Leaders are Expected to Speak Up, But Doing So Remains Hard
Research co-authored by Prof. Georgy Egorov focuses on rationales or the stories we use to support our perspectives on a given topic.
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Why Women Need a Professional Network
Article cites research by Prof. Brian Uzzi, which confirms that women face a greater challenge in networking for professional opportunities.
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Emotional Friction is Real-Reduce It to Engage People In Your Idea or Product
Article by Prof. David Schonthal discusses emotional friction and shares key tips to reduce this common source of resistance.
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Brand Love Letters: 'Dear Amazon'
Article by Prof. Derek Rucker reflects on his admiration for Amazon’s strong affinity with the consumer.
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The Consortium Grows Again: Kellogg Becomes 23rd Member B-School
Article announces the addition of Kellogg to The Consortium as the organization’s 23rd member. Dean Francesca Cornelli & Director of Diversity Admissions, Crystal Fazal, are quoted.
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Benefits of Remote Work are a Widespread Success
Article features findings from a study co-authored by Prof. Janice Eberly on how the pandemic’s economic impact would have been different if the option of remote work wasn’t widely available.
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Take 5: The Surprising Ways Emotions Shape Consumer Behavior
Article based on the research of multiple Kellogg marketing professors lists findings on how emotions like anger, fear, disgust, & anticipation impact what ends up in our shopping carts and on our calendars.
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Northwestern's Kellogg School Makes an M.B.A. Play for Laid-Off Tech Workers
Article announces Kellogg’s new test waiver offering for recently laid-off tech employees. The announcement was covered by numerous news outlets. Dean Francesca Cornelli discussed Kellogg’s decision to implement the waiver on Yahoo! Money, & Assoc. Dean of Degree Programs Greg Hanifee was featured on Fox Business.
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Dean Karlan appointed chief economist for USAID
Prof. Dean Karlan was named the new chief economist for the U.S. Agency for International Development (USAID). Prof. Karlan will serve as USAID’s principal economist and top expert on economic policy & analysis.
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Chicago trading firms will feel shockwaves from FTX bankruptcy
It will take a while to assess the damage from the collapse of cryptocurrency exchange FTX, which was then hit by an outflow of unauthorized withdrawals worth an estimated $477 million.
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4 Business Ideas That Changed The World: Shareholder Value
Podcast episode features Prof. Carola Frydman as part of a roundtable conversation appraising the 50-year reign of shareholder primacy and the growing backlash against it today.
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The smart way to learn from failure
Prof. Lauren Eskreis-Winkler discusses her research & its focus on experimental set-up called the “Facing Failure Game,” which showed that people tend to look away from failure to protect their egos.
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POV: Starbucks Odyssey into NFTs desperately needs guidance
Article by Prof. Mohanbir Sawhney questions the motives behind Starbucks Odyssey, exploring the company’s possible “jobs-to-be-done" with the program’s rollout.
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Policy Uncertainty at the state level
Article co-written by Prof. Scott Baker shows that U. S. policy uncertainty at the state level displays distinctive patterns & has important effects on the economic performance of states.
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Chicago could shape Albertsons-Kroger merger
Article quotes Prof. Mike Mazzeo, who comments on the causes and effects of the possible Albertsons-Kroger merger.
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How windfall taxes could bolster efforts to reach net-zero
Article by Prof. Aaron Yoon suggests that redistributing windfall profits into net-zero investments could carry significant societal benefits.
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The Economy May Throw Digital And Hybrid Work Another Curve
Article quotes Prof. Janice Eberly, who discusses recent data showing that working from home is associated with higher productivity.
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Brand Love Letters: "Dear Apple"
Article by Prof. Derek Rucker reflects on his admiration for Apple’s brand and the way it has lived its values around “think different.”
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Kellogg Among Best B-Schools in 2022-23 Ranking
Kellogg ranked #4 on the 2022 Businessweek full-time MBA rankings, up from #5 in 2021.
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Prof. Brooke Vuckovic shares the 5 most effective ways to save a team's culture and output.
Article by Prof. Brooke Vuckovic suggests that while quiet quitting isn't new, it can be harmful to company culture and morale—and the best way to fight it is by focusing on your "star players" instead.
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Behavioral scientists have discovered the secret recipe for team success- gender diversity
Article features new research by Professors Brian Uzzi and Ben Jones, which finds that gender-balanced teams produce higher novelty research and more successful innovation.
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Negotiations expert & MBA Prof. rates Elon Musk's negotiation tactics during Twitter deal
Article by Prof. Leigh Thompson examines the negotiation strategies used by Elon Musk during his failed acquisition of Twitter.
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When Staying Neutral Backfires
Article by Prof. Ike Silver discusses his research, which finds that staying neutral in a discussion can result in perceptions of untrustworthiness.
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There Is No Bright Line on Taxing Carried Interest
Article by Prof. Mitchell Petersen argues that the debate on carried interest isn’t over, regardless of proposed tax increases in the Inflation Reduction Act.
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Five Ways to Harness the power of purpose
Article co-authored by Prof. Sally Blount emphasizes the importance of creating a purpose statement that employees can connect to in order to maintain a motivated workforce.
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Northwestern Kellogg Tops P & Q's 2022-2023 Executive MBA Ranking
Kellogg ranked first in Poets&Quants’ 2022 composite ranking of the best EMBA programs in the United States. Article features commentary from Bernadette Birt, Assistant Dean of Kellogg’s EMBA Global Network, on industry demand and trends.
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5 crucial pitfalls you need to avoid during job negotiations and what to do instead.
Article by Prof. Leigh Thompson discusses how negotiation fever can backfire and that formal negotiation should take place after an offer is on the table.
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Brand Love Letters: "Dear Google"
Prof. Derek Rucker ‘s article & new series features letters of admiration to popular brands & their marketing & advertising successes over the years.
The first article in the series praises Google’s creativity.
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Prof. Brian Uzzi Receives 2022 Euler Award
Professor Brian Uzzi is the recipient of the Network Science Society’s 2022 Euler Award for his foundational contributions to the study of embeddedness in networks.
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U.S. companies are hoarding more and more cash overseas.
Article quotes Professor Mitchell Petersen who discusses the cash held by large U.S. companies and the concerns this brings for investors.
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Why markets really are less certain than they used to be.
Article features research and an index by Prof. Scott Baker that tracks the frequency of specific words in articles that suggests economic policy unpredictability has been rising steadily since the financial crisis. It is now far higher than in the late 1990s, when the index began.
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How can you use skills tests to create a more equitable hiring process.
Article quotes Prof. Lauren Rivera, who discusses the benefits of using hiring tests to evaluate candidates and their contribution to reducing unconscious biases.
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The Key to Successful Innovation? Progress over Product
Article written by Prof. David Schonthal says the best innovations originate from uncovering where users want to make the most progress.
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Automation Is Critical For Your Business- But Use With Care ( Part One)
Professor Brian Uzzi discusses why & how automation is the key to unlock, large sustainable advantage in firms across a variety of sectors.
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Kellogg Co. will split into three companies, with snack headquarters in Chicago
Prof. Harry Kraemer discusses how Kellogg’s new corporate headquarters could have positive ripple effects on other companies in the Chicagoland area.
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Best New Management Books for 2022
New book, The Human Element: Overcoming the Resistance That Awaits New Ideas, by Professors Loran Nordgren & David Schonthal, was named to the Thinkers 50 Best New Management Book List for the year.
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Another Mind-Boggling MBA Ranking: The Economist's 2022 List
Article distills this year's full-time MBA ranking from The Economist, in which Kellogg ranked #3.
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Spiking food and gas prices hit Chicago neighborhoods hard as officials move to curb inflation
Prof. Phillip Braun offers perspective on why the Fed rate hike was the correct move. Braun also asserts that inflation will remain high until 2023 & this will cause economy to slow leading to a potential moderate recession.
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Leadership In a Politically Charged Age
Professors Nour Kteily and Eli Finkel provide a framework to help managers understand when and how political conflict can become more corrosive in the workplace and how to navigate it more effectively.
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Kellogg Receives $2M Gift for Sustainable Finance
Kellogg receives $2M gift from NU Trustee Tom Montag & Janet M. Montag, along with Bank of America Charitable Foundation to establish the Thomas K. Montag Senior Fellowship in Sustainable Finance.
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Venture Cat: 25 Startup Teams, $325K in Prize Money
Article provides overview of NU’s Venture Cat startup competition & commentary from Prof. Karin O’Connor on her role as a faculty advisor to student entrepreneurs & more.
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Wall Street Ends Higher Following 7 Straight Weeks of Losses
Broadcast features Prof. Phillip Braun discussing inflation pressures and what Americans can expect of gas prices over the next several months.
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The Imperative for Analytics- Savvy Sales Leaders
Prof. Joel Shaprio discusses ways that sales organizations are using advanced analytics and why its imperative for mapping out sales success.
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Best 40-Under-40 MBA Professors: Ivuoma Onyeador, Kellogg School of Management
Prof. Ivy Onyeador named one of Poets & Quants Best 40-Under-40 MBA Professors this year for her outstanding achievements & research in the field of Diversity, Equity & Inclusion.
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MBAs Overwhelming Preference: Hybrid Work
Recent survey finds that MBA’s looking for full-time work prefer those roles to be a mix of in-office and remote work.
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Why Are U.S. Companies Hoarding So Much Cash?
Kellogg Insight article summarizes that more than anything else, it comes down to taxes.
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How Higher Fed Rates Stand to Affect Americans' Finances
Broadcast features Professor Carola Frydman discussing the Fed’s biggest interest rate hike in 22 years.
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Apple's Inflation Problem
Article discusses aspect of inflation —significant cash holdings- overlooked by executives and investors.
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Kellogg’s Become a Leader campaign
Emphasizing skills and traits to lead with impact in a rapidly changing, complex, and challenging world
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Kellogg's Latest MBA Rankings
Read about Kellogg’s rankings on U.S. News and World Report
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4 Traits of Successful Leaders
Article summarizing the Insightful Leader podcast featuring Professor Brenda Ellington Booth
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Decipher the good from the great
Research from Kellogg Profs. Rucker & Nordgren about review language offering product quality clues
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Support Ukraine
Donate to humanitarian relief efforts
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What Triggers a Career Hotstreak?
New Research Reveals a Recipe for Success
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Kellogg Reunion 2022
Join Your Classmates for Reunion 2022
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Crains: Women in Tech
'Women in tech' problem in Chicago
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Poets & Quants, Climate
Kellogg Hosts 3rd Climate CAP Summit
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Support for Ukraine
Northwestern Students Featured in the News
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Kellogg Magazine
View the Latest Issue Here
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Marketing, Professor Derek Rucker
Why Are Super Bowl Ads a Spectator Sport?
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Finance, Professor Phillip Braun
Meme Trading Is Not Dead
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Entrepreneurship, Mark Achler
Sell Your Startup without Causing Panic
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Joe Biden’s 2024 election exit presents a cautionary tale for corporate America about leadership development.
Following President Biden’s exit from the presidential race, Prof. Harry Kraemer reflects on the importance of having others ready to take your position if something goes awry.
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Chicago's Largest Employer
The Impact of Amazon on Chicago
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Poets & Quants, Healthcare
New Kellogg MBA Healthcare Pathway
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Researchers found a surefire prediction of success- and what separates those who find it from those who keep failing
Research from Prof. Dashun Wang which determined there's a minimum number of failures you need to learn from in order to succeed.
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Give Better Feedback (Podcast)
Give and receive constructive criticism
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Northwestern Kellogg Tops P & Q's 2022-2023 Executive MBA Ranking
Kellogg ranked first in Poets&Quants’ 2022 composite ranking of the best EMBA programs in the United States. Article features commentary from Bernadette Birt, Assistant Dean of Kellogg’s EMBA Global Network, on industry demand and trends.