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E-Commerce Times: "Emotional Backlash Unlikely to Unsettle Facebook"

07/02/2014

E-Commerce Times: "Emotional Backlash Unlikely to Unsettle Facebook"

 . . . "The News Feed is an important product offering they provide people. What responsible marketer doesn't do experiments to find out what people like about their products? Most do," said Larry Chiagouris, a marketing professor at Pace University.

Read more: http://www.ecommercetimes.com/story/Emotional-Backlash-Unlikely-to-Unsettle-Facebook-80681.html#sthash.pMb8J5ca.dpuf

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Business Insider: "GM Recalls 28 Million Cars"

07/02/2014

Business Insider: "GM Recalls 28 Million Cars"

. . . As investigators and CEO Mary Barra delve deeper into GM's history, more and more of the company's past sins have come to light. These revelations of past missteps, along with repeated recall announcements, could severely erode both consumer and investor confidence in the company, said Professor John Alan James, Chairman Emeritus of the Center for Global Governance, Reporting, and Regulation at Pace University's Lubin School of Business.

"This isn't the last of it. Odds are there will be more recalls," James told Business Insider. "GM's management have repeatedly shown themselves to the world to be screwups. They knew about the risk for years and yet model after model, year after year, they put out the same cars with the same defective part."

Read more: http://www.businessinsider.com/gm-recall-investor-response-2014-7#ixzz36LGQ8GfW

 

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AllAfrica: Remembering Maya Angelou - 1928-2014

06/16/2014

AllAfrica: Remembering Maya Angelou - 1928-2014

"The outpouring of love across the country and on both sides of the ocean for poet Maya Angelou is a global expression of deep appreciation for an activist, author and world traveler, who in her lifetime, made this world a better world," writes Ellease Ebele Oseye, Professor of African Literature at Pace University. "In more than a thousand pages the writer records her amazing life in ways that bring the reader to higher ground while keeping us well grounded."

Read more: http://allafrica.com/stories/201406162089.html

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Crain's New York Business: "Owners get squeezed"

06/10/2014

Crain's New York Business: "Owners get squeezed"

. . . as in the nation as a whole, median household income in the New York area has declined recently. As a result, these consumers are watching their pennies—and the companies serving them are feeling it. "The middle-class income squeeze is definitely hurting small businesses," said Bruce Bachenheimer, clinical professor of management and director of the Entrepreneurship Lab at Pace University.

The situation is particularly acute in New York. "Because of the high cost of living in general in New York, you see these pressures on the middle class even more," said Mr. Bachenheimer.

Read more: http://www.crainsnewyork.com/article/20140610/SMALLBIZ/306089995/owners-get-squeezed

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CNBC: "Algorithm elected to board of directors"

06/09/2014

CNBC: "Algorithm elected to board of directors"

A Hong Kong based venture capitalist firm just named an algorithm program called "Vital" to its board of directors. Jack James, Pace University professor, shares his opinions on whether computers are taking over.

See the video:

http://video.cnbc.com/gallery/?video=3000282285

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New York Daily News: "Lab has the byte stuff"

06/02/2014

Pace University opens student-run tech consultancy

Technology is one of the few job sectors in New York City where there are more job openings than there are experienced people to fill them. This bodes well for college students studying computer science, as their odds of finding employment after graduation are favorable. Although, good grades will only get you so far.

To ensure its students have the know-how necessary to be hired when they head out on the job or internship hunt, Pace University’s Seidenberg School of Computer Science and Information Systems has opened its own in-house tech consultancy run by students who face the same rigors as their professional counterparts.

Dubbed the Seidenberg Creative Labs, the student-run practice is already racking up some serious clients, with everyone from Fortune 100 companies to startups paying student developers to design Web- and mobile-based platforms and products.

“The tech interview process is challenging,” says Jonathan Hill, associate dean at Seidenberg. “You don’t just come in and have a conversation with your hiring manager. They test you. They want to make sure that what’s on your resume is actually something that you can actually do. The only way that you can learn to be effective under that kind of scrutiny and that kind of pressure is to have done it before.”

Every semester, about 20 to 25 undergraduate and graduate students come to work at the labs. While there, they work on a variety of projects that could encompass everything from software development to designing apps, seeing each project through from concept to completion.

Read more: http://www.nydailynews.com/life-style/big-town/lab-byte-stuff-article-1.1800389#ixzz33UApQm00

 

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Entrepreneur: "Could Entrepreneurship Be the Great Equalizer?"

06/02/2014

David Sederholt ’73 writes about students of the Pace Entrepreneurship Lab working to combat income inequality

On a recent visit to the Entrepreneurship Lab at Pace University in New York City, my friend Jim Duffy and I watched a presentation by a student describing the business he was seeking to launch. The budding entrepreneur figured out how to produce small quantities of high-quality printed promotional products for small businesses and organizations and make money to boot. From both a business and tech proposition, this was a smart kid.

The real brilliance emerged when he started his pitch by introducing himself and the Pace Entrepreneurship Lab. “This is not a place where they teach you the skills to get a job," he said. "We are learning how to create jobs.” I turned to my buddy Jim and said, “I love this kid.”

Both Jim and I are serial entrepreneurs and alumni of Pace, so we felt a real sense of pride in watching this young small-business owner deliver a well-conceived pitch in order to raise some seed capital. In hearing his remarks, I realized that these students were working to combat one of the most pressing social and economic issues of their generation: income inequality.

Read more: http://www.entrepreneur.com/article/234320

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Agenda: "Could KBR’s Board Do More in Catching Accounting Errors?"

06/02/2014

Leslie Seidman of the Lubin School comments on the culture and processes needed to identify accounting errors in a timely manner

In an interview with Agenda, a Financial Times service, Leslie Seidman of the Lubin School of Business discusses the culture and processes needed to identify accounting errors in a timely manner.

“People make mistakes,” says Seidman, a former Financial Accounting Standards Board chairman. “They can be technical mistakes or ethical lapses.”

Seidman, who is now executive director at the Center for Excellence in Financial Reporting at Pace University business school, says audit committees need to create a process beforehand so that directors, managers, internal and outside auditors periodically discuss the likely accounting treatments that involve the most judgment calls over the year at a company. The issues aren’t the same in every industry, she says. In some, it’s the timing of long-term revenues, or costs and losses, or on- or off-balance-sheet issues that affect capital levels. “I don’t think you limit this to once a year or quarter. Be aware of what’s happening throughout the year,” says Seidman.

Read more: http://agendaweek.com/c/894894/85594/could_board_more_catching_accounting_errors?referrer_module=emailForwarded&module_order=0

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Nancy A. Garvey Elected to Pace University Board of Trustees

05/22/2014

Nancy Garvey elected to Pace's Board

NEW YORK, May 22 – Nancy A. Garvey, Ph.D., has been elected to the Board of Trustees of Pace University in New York, Pace President Stephen J. Friedman announced.

Garvey is retired from her former position as vice president and controller at AlliedSignal. She served as vice president and treasurer and staff vice president for investor relations in her eleven-year career at AlliedSignal, from 1986 to 1997.

Garvey joins the Board of Pace at a time of great change. Pace has experienced higher enrollments, new academic programs, national recognition for the high employment rate and earning power of Pace graduates, and significant investments in the learning and living facilities on Pace’s campuses in New York City and Pleasantville. This year Pace celebrated the 50th anniversary of its Pleasantville campus.

“Nancy Garvey has excelled at high levels in corporate America and we are fortunate that her passion has always been education,” said University President Stephen J. Friedman.  “Dr. Garvey’s experience in business and in secondary and higher education will help Pace students – the aspiring heart of America – continue succeeding in a broad range of professions and contribute to the nation’s global competitiveness.”

“Nancy will be a wonderful addition to our Board,” said Pace Board Chairman Mark M. Besca, ’81. “Her passion for quality education in underserved communities fits perfectly with Pace’s mission of Opportunitas, offering students the opportunity to discover and fulfill their potential.”

“I am honored to be able to serve on the Pace Board. Pace has and will continue to serve a student body that is truly representative of our diverse city and our country as a whole,” said Garvey. “I am eager to be a part of an institution that goes beyond granting a degree, but is integral to shaping our future innovators, thinkers, and leaders.”

Prior to Allied, Garvey worked for General Motors Corporation in various financial roles and at the Institute for Demographic and Economic Studies as a senior research associate. Garvey chose to leave Allied Signal to rear her twins. Garvey is a member and serves as chairman of the board at the Bronx Preparatory Charter School. She is also a trustee for her alma mater, Barnard College, and a member of the Advisory Board of the Museum of Natural History.

Garvey earned a Ph.D. in economics from Columbia University and, while writing her dissertation, she served as an Economics instructor at Columbia University and Rutgers College. She earned her BA in economics from Barnard College in 1971. Ms. Garvey was awarded an honorary doctorate from the Bank Street College of Education in 2005.

Garvey has two children from her former marriage.  Her son Zach is a current Pace student.

About Pace University: Since 1906, Pace University has educated thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, College of Health Professions, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

Media Contact: Cara Cea, 914-906-9680, ccea@pace.edu.

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