Author: EconLearner

But the truth may be that it’s even worse than we think, and that polarization doesn’t exactly capture the partisan rancor we see on our screens. According to a new paper, the term that best describes our conflict is “political sectarianism,” or the tendency of political groups to align themselves based on moral identities rather than shared ideas or policy preferences.The authors of the newspaper include Eli Finkelprofessor of management and organizations at Kellogg, Cynthia Wangclinical professor of management and organizations at the Kellogg School, James Druckman and Mary McGrathboth professors of political science at Northwestern, as well as eleven…

“A new company starts out making a lot of mistakes. Eager to improve, they collect a lot of data and build new new models,” he says. “Over time, these models allow the new company to find the best answers and implement them with great precision. The new company is becoming a mature company that is great at analytics. Then one day the models stop working. The bugs that fueled the models are now gone, and the analytical models are starving.”The paradox is that the better the business gets at gathering insights from analytics – and acting on those insights -…

London Post Office. Education Images/Universal Images Group via Getty Images Online shopping has exploded in the UK, particularly in the last decade. The parcel industry it was already worth £6.9 billion a year in 2013, but by 2020 it had more than doubled to £14 billion. And then there was the Covid-19 lockdown, during which the only way we could buy many items was to have them delivered. Royal Mail is the UK’s largest courier company, having delivered items to Britons since the 16th century. However, where there is a thriving industry, there will be contenders for the crown. With…

If you feel like TV commercials have gotten louder, faster, and busier—in a word, more energetic—you’re right. A Kellogg study of more than 27,000 ads shows that ad power has increased over time.And in general, more active ads get viewers to watch longer—especially for certain types of programming.This is the conclusion of a marketing professor’s research Lakshman Krishnamurthyalong with a Ph.D Yingkang Xie at Kellogg, a former Kellogg PhD and postdoctoral researcher at Stanford Joonhyuk Yang (now assistant professor at the University of Notre Dame) and Purush Papatla, professor of marketing at the University of Wisconsin-Milwaukee. They were able to…

But sourcing parts from distant companies can have hidden costs. In a new study, Rob Bray, associate professor of operations at Kellogg, and colleagues analyzed supply chains for more than 600 car models. The researchers found that the farther a part traveled to reach the vehicle assembly plant, the greater the risk that consumers would report defects in that part.Why might distance lead to more defects? First, designing effective auto parts and improving them in subsequent iterations requires the supplier and assembler to communicate and learn about each other’s needs—something that’s most easily done face-to-face, Bray says. “Proximity facilitates that…

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Taking a selfie can also work as a professional snapshot.getty In the digital age we are currently working in, your online presence is essential. If an employer is interested in interviewing you or a potential client wants to work with you, there’s a good chance they’ll Google your name. First impressions are everything and a professional image includes decent headshots on your profile pages. Can You Use a Selfie Headshot for Business? Hiring a photographer is your best option, but if you don’t have the money to invest in one right now, instead of using a selfie headshot, you can…

This week, the ALL IN Campus Democracy Challenge (ALL IN) celebrated and recognized colleges and universities, as well as students, faculty and staff, presidents and chancellors, coaches, partner organizations and election officials for their nonpartisan efforts to engage students in the 2022 midterm elections. These stakeholders helped ensure that college students across the country registered to vote and cast informed ballots despite nationwide efforts to undermine democracy through restrictive voting laws. ALL IN believes in developing an inclusive democracy. We envision a country where the electorate reflects the makeup of our country and university students participate in our democracy on…

But how effective are these activists at getting companies to change? And what are the best ways for companies to respond to activist demands while keeping the interests of their organizations front and center?“You only have to turn on the news to recognize that the public is interested in these movements, and increasingly, in these movements [corporate] Targets also deal with them,” he says Brayden Kingprofessor of management and organizations at the Kellogg School.King has spent much of his career researching the impact of activists on corporations. He shared some of his findings during a recent The Insightful Leader Live…

But many of those headlines were misleading. In poor countries, around 80 percent of all calories come from grains. Most important is rice, which accounts for 27 percent of per capita caloric intake in the developing world and is the main staple in Asia. In countries like Myanmar and Cambodia, rice makes up 80 percent of calories.Maize is the most important subsistence cereal in Africa. About 30 percent of the world’s maize is consumed by African countries, with people in Malawi, Lesotho, and Kenya consuming an average of 90–180 kg (198–397 lb) per year. Wheat, which is the second most…