New research from Wharton’s Corinne Low links unequal domestic workloads to stalled progress on closing the wage gap — and even declining marriage rates.…Read More Source: Knowledge @ Wharton Is Housework Holding Back Wage Equality?
Stock prices get corrected for good or bad news over much longer periods than is commonly expected, which explains both short-term returns and the level of firm valuation, according to a recent paper.…Read More Source: Knowledge @ Wharton How Subjectivity Affects Stock Prices and Firm Valuations
Professor John Zhang explains the value of counterfeit luxury items.…Read More Source: Knowledge @ Wharton The Luxury of Counterfeits | John Zhang
Across industries, organizations are struggling to move as quickly as they need to on key priorities and new initiatives. The solution for many, says Stanford’s Melissa Valentine, might be “flash teams” — project groups that can be instantly, efficiently, and cost-effectively brought together and organized via online labor markets and AI and other digital Read more about Supercharging Innovation with “Flash Teams”[…]
Narayana Murthy, founder of Indian technology services and consulting giant, Infosys, discusses the vital role that respect and compassion play for him in being a successful business leader. Source: McKinsey Respect above all: Narayana Murthy’s core business belief
Agentic AI could upend the travel industry. Travel and hospitality organizations should explore how agentic can help catalyze AI’s transformative potential. Source: McKinsey Remapping travel with agentic AI
Midcap banks face challenges including an aging customer base and a heavy reliance on branches, but also opportunities to modernize, attract younger consumers, and build resilience. Source: McKinsey Banking on the next generation: A playbook for US midcap banks
Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win. Source: McKinsey The Read more about The McKinsey Crossword: H Rhymes | No. 250[…]
Burgeoning ESG metrics have led to a rethink. Could companies instead focus their particular capabilities to help tackle society’s biggest challenges? Source: McKinsey Beyond ESG: From checklists to capabilities
On September 15, Wharton announced the launch of the Dr. Bruce I. Jacobs Master of Science in Quantitative Finance program, funded by the generosity of philanthropist Dr. Bruce I. Jacobs, principal and co-founder of Jacobs Levy Equity Management. …Read More Source: Knowledge @ Wharton A Transformational Gift for Quantitative Finance at Wharton