FCPA Blog: “The next big thing — PR meets compliance”

. . . according to Professor John James at Pace University’s Lubin School of Business, “Those of us in compliance suspected that audit, legal and risk needed to be at the table during discussions. But we finally understand that the HR and PR teams need to be there as well, getting the word out to the public that the company cares about risk management.”

. . . according to Professor John James at Pace University’s Lubin School of Business, “Those of us in compliance suspected that audit, legal and risk needed to be at the table during discussions. But we finally understand that the HR and PR teams need to be there as well, getting the word out to the public that the company cares about risk management.”

“They need to show they are training employees and monitoring their vendors. It’s not just about reporting fines and penalties any longer – or it should not be,” he said.

Read the FCPA Blog.

MacNewsWorld: “5c Wobbles in Apple’s iPhone Balancing Act”

. . . “We are witnessing a failure to meet expectations,” Larry Chiagouris, a professor of marketing at Pace University’s Lubin School of Business, told MacNewsWorld.

. . . “We are witnessing a failure to meet expectations,” Larry Chiagouris, a professor of marketing at Pace University’s Lubin School of Business, told MacNewsWorld.

Apple has trained consumers “to expect each generation of product to be much greater than the previous generation,” he noted.

E-Commerce Times: “BlackBerry to Customers: Seriously, We’re OK!”

. . . “While BlackBerry is in a strategic positioning battle, the firm is fundamentally sound,” noted Joseph Pastore, a business professor at Pace University. “Good cash position combined with no debt is a powerful statement.”

. . . “While BlackBerry is in a strategic positioning battle, the firm is fundamentally sound,” noted Joseph Pastore, a business professor at Pace University. “Good cash position combined with no debt is a powerful statement.”
Read the story by E-Commerce Times.

Westchester County Business Journal: “Stewards of company finances honored”

“It’s hard to be a CFO,” Robert J. Chersi, a Pace University faculty member and former corporate CFO, told a White Plains audience at the first CFO of the Year Awards ceremony recently presented by the Westchester County Business Journal.

“It’s hard to be a CFO,” Robert J. Chersi, a Pace University faculty member and former corporate CFO, told a White Plains audience at the first CFO of the Year Awards ceremony recently presented by the Westchester County Business Journal.

The job has grown in the last 10 to 15 years, said Chersi, a former CFO at Fidelity Investments and in the U.S. wealth management division of UBS AG. That growth is in part due to the federal Sarbanes-Oxley Act of 2002, which set new requirements for financial accounting and reporting by public companies and imposed greater regulatory oversight and stiff penalties for violators. CFOs also “carried” many of their companies through the Great Recession, Chersi said.

It takes more than a person good with numbers to fill the role of a corporate CFO today, which has evolved, said Chersi, to “a position of leadership within the corporation.”

Yet the CFO’s expanded and demanding duties hardly attract public notice or inspire popular culture. “Any action heroes modeled after CFOs?” Chersi asked his audience, which erupted in laughter.

Read the article in Westchester County Business Journal.

 

TheStreet.com: “Entertaining Clients? Save Your Money”

. . . “Nowadays there’s just a level of uncomfortability for the giver and the receiver,” says Bruce Bachenheimer, director of the Entrepreneurship Lab at Pace University in New York . “If you’re rolling out the red carpet for a customer, they’re going to assume you have incredibly high margins to do all that spending.”

. . . “Nowadays there’s just a level of uncomfortability for the giver and the receiver,” says Bruce Bachenheimer, director of the Entrepreneurship Lab at Pace University in New York . “If you’re rolling out the red carpet for a customer, they’re going to assume you have incredibly high margins to do all that spending. They’re going to think, ‘Oh, he’s overcharging everyone — including me — in order to afford all this.”

Read the story on TheStreet.com.

NEWS ADVISORY: Entrepreneurship NYC: The role of universities in the NYC ecosystem

Pace University’s Entrepreneurship Lab and the MIT Enterprise Forum of NYC will host a forum to discuss the role of universities in the New York City entrepreneurship ecosystem. The event takes place on Thursday, November 7 at Pace’s downtown New York City campus in the Aniello Bianco Room of One Pace Plaza, 5:30 p.m. to 8:30 p.m.

 

MEDIA ADVISORY

Note: Members of the media must RSVP to attend. Email wcaldwell@pace.edu.

Entrepreneurship NYC:  The role of universities in the NYC ecosystem

New York, October 9, 2013 — Pace University’s Entrepreneurship Lab and the MIT Enterprise Forum of NYC will host a forum to discuss the role of universities in the New York City entrepreneurship ecosystem. The event takes place on Thursday, November 7 at Pace’s downtown New York City campus, east of City Hall and six blocks from Wall Street, in the Aniello Bianco Room of One Pace Plaza, 5:30 p.m. to 8:30 p.m.

The enormous impact universities have on regional economies can be clearly illustrated by examples such as Stanford in Silicon Valley and MIT in the Greater Boston area. In New York City, the role of universities extends well beyond research and technology transfer. Local universities have been integral to the success of New York’s ‘New Economy’ by playing a special role in the entrepreneurial ecosystem. This event will explore that unique role through a panel discussion followed by an interactive session with the audience.

Panelists: Eric Gertler, Executive Vice President, New York City Economic Development Corporation and Managing Director, Center for Economic Transformation for the City of New York; Orin Herskowitz, VP of Intellectual Property and Tech Transfer, Columbia University and Executive Director of Columbia Technology Ventures; Debera Johnson, Executive Director, Pratt Institute’s Center for Sustainable Design Studies and founder of the Pratt Design Incubator for Sustainable Innovation; and Geoffrey W. Smith, founding Director of the Center for Technology, Innovation, and Entrepreneurship at the Icahn School of Medicine at Mount Sinai and a co-founder and general partner of Ascent Biomedical Ventures. Moderator: Bruce Bachenheimer, Clinical Professor of Management and Director of the Entrepreneurship Lab at Pace University.

About the Lubin School of Business at Pace University: Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at Pace’s suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance. Its programs are designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

Media contact:  Bill Caldwell, Pace, 212-346-1597, wcaldwell@pace.edu

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Al Jazeera English (video): Twitter’s IPO

Larry Chiagouris, a professor of marketing at Pace University, says advertisers will find ways to experiment, to take some degree of advertising on Twitter or through other sources to Twitter but they are not going to spend a lot of money until they get a sense that it’s paying off and there is a return on their investment.

Larry Chiagouris, a professor of marketing at Pace University, says advertisers will find ways to experiment, to take some degree of advertising on Twitter or through other sources to Twitter but they are not going to spend a lot of money until they get a sense that it’s paying off and there is a return on their investment.

Watch the video on Al Jazeera English.

News 12 (video): “Residents overwhelmed with ‘Obamacare’”

. . . “For smaller companies, the main requirement is to inform your employees about what options are available in terms of exchanges and there will be opportunities for smaller firms to buy group policy insurance,” says professor Bruce Bachenheimer, who runs an entrepreneurship lab at Pace University in Pleasantville.

. . . “For smaller companies, the main requirement is to inform your employees about what options are available in terms of exchanges and there will be opportunities for smaller firms to buy group policy insurance,” says professor Bruce Bachenheimer, who runs an entrepreneurship lab at Pace University in Pleasantville.

Watch the video.

LinuxInsider: “No Gold Star for Galaxy Gear”

. . . “I’m not sure how anyone can give it a rating of anything until it is put through its paces over time by consumers actually using it in real-life situations,” Larry Chiagouris, a professor of marketing at Pace University, told LinuxInsider. “That will be the most reliable source of feedback.”

. . . “I’m not sure how anyone can give it a rating of anything until it is put through its paces over time by consumers actually using it in real-life situations,” Larry Chiagouris, a professor of marketing at Pace University, told LinuxInsider. “That will be the most reliable source of feedback.”

Mobile Marketer: “How an ongoing government shutdown may affect mobile marketers”

. . .“There will be a lot of mobile advertising opportunities because people will be constantly checking their phones and tablets for the news,” said Larry Chiagouris, professor of marketing at Pace University’s Lubin School of Business, New York. “It is a great short term, four or five days, opportunity for advertising.”

. . .“There will be a lot of mobile advertising opportunities because people will be constantly checking their phones and tablets for the news,” said Larry Chiagouris, professor of marketing at Pace University’s Lubin School of Business, New York. “It is a great short term, four or five days, opportunity for advertising.”

Read the story by Mobile Marketer.