• MBADM 850 | Session 4 | Innovation Opportunities From Pain Points to Solutions
    2025/09/16

    MBADM 850 | Session 4 | Innovation Opportunities From Pain Points to Solutions

    Introduction:

    Will cover a strong approach to business success, focusing on how to identify real market needs and effectively solve customer problems. It emphasizes a common mistake: many new products and services fail because they don't address a problem customers truly care about. To prevent this, it's vital to spot a real opportunity – a situation that calls for a new offering, which is appealing, stable, timely, and provides clear value. This often involves closely monitoring economic, social, technological, and regulatory changes. At its core, a good opportunity always aims to solve a problem and fill a gap in the market. This involves a deep understanding of customer pain points, which are simply the challenges or inconveniences buyers face. These can include issues with a company's internal processes, financial costs, support interactions, or the product itself, and can occur at various levels of the customer experience, from a single interaction to their long-term relationship with a brand. The material offers practical ways to discover these pains, such as collecting direct customer feedback, listening to support teams, and analyzing data. The goal is to turn these "can'ts" into "cans," simplifying complex issues and asking "what if" questions to spark innovative solutions. Successful solutions aren't just faster or cheaper; they ideally achieve "3D breakthroughs"—disrupting existing norms, introducing new capabilities, and standing up to competitors. Ultimately, sustainable growth comes from a deep understanding of a problem and delivering a well-executed solution through a compelling and disruptive business model.
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    23 分
  • ENTR 810 | Session 4 | Innovation Ethics Marketing, Risk, and Responsibility
    2025/09/16

    ENTR 810 | Session 4 | Innovation Ethics Marketing, Risk, and Responsibility

    Introduction:

    Will discuss the importance of integrating ethics into technological progress and business practices, especially regarding Artificial Intelligence (AI) and innovation. Organizations are increasingly dealing with challenges related to AI ethics and bias, which demand strong governance frameworks and platforms. These platforms are designed to promote responsible AI by managing its legal, ethical, and operational performance through monitoring aspects like robustness, transparency, fairness, accountability, and risk compliance. Rising public expectations for transparent AI, along with regulatory pressures and concerns about the potential negative impacts of advanced autonomous AI systems, emphasize the need for effective AI governance platforms. Such platforms include tools like responsible AI methods, risk assessments, model lifecycle management, and compliance tools to ensure AI systems reflect societal values and legal standards. For example, Lenovo describes a vision for "Smarter AI for All," committing to principles such as preventing harm, ensuring fairness, transparency, human oversight, privacy protection, and adherence to laws and regulations throughout the AI lifecycle. Beyond AI, the sources also explore broader themes of ethical leadership, innovation, and risk management. A key idea is that ethical leadership should focus on creating maximum value for society, moving beyond simple rules to consider overall well-being and reduce suffering. Cognitive barriers, called "bounded ethicality" or "motivated blindness," often prevent individuals from making ethical decisions, emphasizing the need for deliberate thinking rather than intuitive responses. Strategies for better ethical decision-making include comparing options, applying a "veil of ignorance" to eliminate self-interest, making value-based trade-offs, and wisely managing limited resources like time. Innovation itself is presented as an ethical activity, with each new product or business model carrying implications for stakeholders, leading to dilemmas over product safety, targeted marketing, and data use. The rapid modularization of technology value chains, exemplified by platforms like Facebook and 3D printing, can cause ethical responsibility to become diffused as traditional safeguards are bypassed. Therefore, companies are encouraged to proactively address ethical issues, take responsibility as standard-bearers, document current safeguards, and establish clear accountability to navigate these complex challenges. Furthermore, strict legal compliance alone is not enough; adopting new ethical paradigms is vital for long-term success and maintaining public trust. Companies like Lenovo also demonstrate comprehensive ethical practices, including anti-bribery measures, data privacy, fair competition, and fostering a culture of transparency for reporting concerns.
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    17 分
  • ACCTG 502 | Session 5 | Who Blows the Whistle on Corporate Fraud?
    2025/09/09

    ACCTG 502 | Session 5 | Who Blows the Whistle on Corporate Fraud? - 2010

    ALEXANDER DYCK, ADAIR MORSE, and LUIGI ZINGALES

    Introduction:

    The study explores who is most likely to detect and uncover corporate fraud in U.S. public companies. While previous governance theories focus on auditors, regulators, or investors, the authors discover that employees, the media, and industry regulators are unexpectedly influential in revealing misconduct. By integrating legal, economic, and financial viewpoints, the study challenges traditional ideas about governance mechanisms and shows that non-traditional actors are key in maintaining market integrity.

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    23 分
  • ACCTG 502 | Session 5 | The Role of Sell-Side Analysts after Accusations of Managerial Misconduct
    2025/09/09

    ACCTG 502 | Session 5 | The Role of Sell-Side Analysts after Accusations of Managerial Misconduct - 2019

    Jared Jennings

    Introduction:

    The study investigates how sell-side analysts respond to security class action lawsuits that allege managerial misconduct. Jennings (2019) argues that while prior scholarship often critiques analyst research as biased or inefficient, the filing of a lawsuit creates an environment in which managers are constrained in disclosure, thereby elevating the potential informational role of analysts. The central finding is that analysts not only increase the volume of their research but that this research becomes more informative for investors following litigation filings (p. 183). This reframes analysts as valuable intermediaries during crises of managerial credibility.

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    15 分
  • ACCTG 502 | Session 5 | The Governance Effect of the Media's News Dissemination Role
    2025/09/09

    The Governance Effect of the Media's News Dissemination Role: Evidence from Insider Trading - 2015

    LILI DAI, JERRY T. PARWADA, AND BOHUI ZHANG

    Introduction

    The study explores how the media’s role in spreading regulatory news about insider trading influences the profitability of insiders’ future transactions. In simple terms, it examines whether media coverage of required filings, without providing new information, can regulate insider behavior. The authors contend that media dissemination alone lowers abnormal returns from insider trades by attracting public attention and thereby limiting opportunistic actions.

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    19 分
  • ENTR 810 | Session 3 | Demographics and Future Trends in Innovation
    2025/09/08

    ENTR 810 | Session 3 | Demographics and Future Trends in Innovation

    Introduction

    Join us as we explore the complex and often contradictory stories surrounding global demographic shifts. Are aging populations a "demographic time bomb" or do they bring "silver linings"? This episode examines the significant changes happening worldwide, from declining fertility rates and "youth scarcity" to the "inverting age structures" of societies. We'll analyze the financial, social, and environmental factors influencing these trends, as well as their wide-ranging impacts on economies, labor markets, and consumption. Additionally, we'll look into the innovative strategies governments and businesses need to adopt to adapt. We also discuss the unique challenges faced by "later wave" economies that must "get rich before they get old" and highlight insights from generational research that are shaping our workplaces and consumer habits.

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    17 分
  • MBADM 850 | Session 3 | Cracking the Innovator's DNA - Entrepreneurs and Innovators
    2025/09/08

    MBADM 850 | Session 3 | Cracking the Innovator's DNA - Entrepreneurs and Innovators

    Introduction:

    In this episode, we explore the dynamic world of entrepreneurship and innovation, moving beyond common stereotypes to reveal the true essence of successful ventures and their leaders. We start by defining entrepreneurship as the pursuit of opportunity beyond currently available resources, often involving turning ideas into fully operational businesses. Beyond just profit, modern entrepreneurship is increasingly seen as a powerful force for changing the world by solving large-scale problems and promoting social change. Similarly, innovation is understood as creating a viable new offering, which can be a completely new product or service, or a significant improvement to existing ones.

    We examine the key traits and behaviors that set successful entrepreneurs and innovators apart. These include an insatiable curiosity to continually seek new opportunities and challenge the status quo, along with a willingness to experiment through structured tests and market research to validate ideas. Adaptability and decisiveness are essential for managing unpredictable challenges and guiding the business's direction. Successful individuals also demonstrate self-awareness to build complementary teams, a calculated risk tolerance that balances potential rewards with efforts to mitigate risks, and a deep comfort with failure, viewing it as a learning experience rather than a setback. The "Innovator's DNA" highlights five core skills: observing, questioning, associating, experimenting, and networking. Additionally, great entrepreneurs are skilled at working with people, able to combine vision with execution, and possess strong leadership and communication abilities.

    Challenging the idea that entrepreneurs are simply "born," we emphasize that these vital qualities and behaviors are developed through time, experience, and ongoing learning. While there may be a genetic aspect to innovation ability, environment and deliberate growth play a key role in shaping an entrepreneurial mindset. We also acknowledge the inherent difficulties, stresses, and high failure rates of launching a new venture, emphasizing the importance of effective stress management and a long-term perspective to navigate the "entrepreneurship roller coaster." Ultimately, entrepreneurship is a crucial driver of economic growth, job creation, and social progress, serving as an essential link between innovation and real-world application. Tune in to discover how these insights can help you develop your own entrepreneurial skills and leave a lasting impact.

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    16 分
  • MKTG 556 | Session 5 | The One-Party Versus Third-Party Platform Conundrum: How Can Brands Thrive?
    2025/09/07

    MKTG 556 | Session 5 | The One-Party Versus Third-Party Platform Conundrum: How Can Brands Thrive? - 2023

    Zhiling Bei and Katrijn Gielens

    Introduction

    The study explores how brands can navigate governance decisions when selling through online platforms such as Amazon, JD.com, and Tmall. Specifically, the authors compare one-party (1P) models, where brands wholesale to the platform, versus third-party (3P) models, where brands sell directly to consumers on the platform. Using data from nearly 2,000 brands, they find that 1P operations generally reduce market share, while 3P operations increase it, though outcomes are contingent on brand characteristics such as pricing, trust, and product assortment.

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    19 分