Transportation
IBM Research is one of the world’s preeminent R&D labs, having over the decades won five Nobel prizes and invented such core technologies as the disk drive and the relational data base. Last year, IBM announced it was opening a lab in Nairobi, Kenya, its 12th global research facility but its...
Condoleezza Rice has played a major role in helping to shape American foreign policy during much of the past decade. A Russia scholar and former provost at Stanford from 2001 to 2005, she served as President George W. Bush’s Assistant to the President for National Security Affairs — the first...
Former British Prime Minister Tony Blair traces his deep interest in Africa back to his father teaching in Sierra Leone in the early 1960s, a time when South Korea was just as poor as Sierra Leone. While South Korea took off economically, Sierra Leone was racked by a long civil war. But now, “the...
What makes some businesses sprout, grow, adapt, and succeed, while most never get off the ground? Researchers in the growing field of organizational ecology say it is not enough to study the companies that thrive. Answers lie in the stories of failure.
STANFORD GRADUATE SCHOOL OF BUSINESS—Bitten...
STANFORD GRADUATE SCHOOL OF BUSINESS—Loyalty or reward programs like frequent flyer plans or buy-ten-get-one-free cards have been touted as powerful tools for increasing company profits. But recent research at Stanford Graduate School of Business suggests that in fact such programs have limited...
STANFORD GRADUATE SCHOOL OF BUSINESS—Offering incentive pay makes organizations perform better. Driving down product and wage costs is essential for success in low-margin businesses. Holding people accountable results in fewer screw-ups. All fundamental truths of business, right? Wrong, says...
STANFORD GRADUATE SCHOOL OF BUSINESS—What will it take for major world powers to move toward environmentally friendly technology such as electric cars and clean coal? Professor Robert A. Burgelman and Andrew S. Grove, a lecturer in management and former chairman of Intel, have been researching —...
Flight delays have been a growing issue and they have reached an all-time high in recent years, with the airlines’ on-time performance at its worst level in 2007 since 1995. A recent report by the Joint Economic Committee of the U.S. Congress has estimated that the total cost to the U.S....
Why a Ferrari May Make Imported Wine Seem Expensive
STANFORD GRADUATE SCHOOL OF BUSINESS - Imagine browsing Ferrari's web page before going to dinner at a restaurant. Could viewing the expensive cars make you perceive prices at the restaurant as more costly than you otherwise would have? An...
STANFORD GRADUATE SCHOOL OF BUSINESS—Why would anyone want to invest money in the airline industry? As Southwest Airlines chairman and former CEO Herb Kelleher told an amused Stanford audience April 24, "It really is a horrible business! It's capital intensive, labor intensive, fuel intensive,...