Tag: CNBC



Put on your sunglasses, Class of 2017. The first big flash of fame came last December when Olin was named the Number 1 Undergrad Business School. Then, Poets & Quants featured two Olin seniors on their Best and Brightest list. Now, CNBC is featuring 10 of those Best and Brightest on its website and Olin’s Colton Calandrella is front and center!

Colton-Calandrella-Washington-U-PoetsAndQuantsUndergrads-BBClassof2017-630x420

Consider this just a warm-up for the big day, May 19, when you will all be the center of attention and  the center of the universe for your families and friends.

Dressed in caps and gowns, you’ll stride  across the stage, under the bright lights, to receive your diploma. You’ve worked so hard, enjoy every minute of the spotlight.

Congratulations, Class of 2017!

 

 

 

 




Finance professor Todd Milbourn was  a guest on CNBC’s live midday program, “Power Lunch,” Aug. 13, to discuss new courses and trends at Olin this fall. Milbourn who also serves as associate dean of faculty, discussed the prevalence of entrepreneurship courses at every level of Olin degree programs, growing interest in big data, and experiential learning opportunities. Representatives from MIT, USC, Stanford, and the University of Chicago business schools have also been featured on the program this week.

Watch video.

 




CNBC unveiled a new ranking of the most innovative companies in the market based on research and a ranking system devised by Olin professor of strategy Anne Marie Knott. The CNBC RQ 50 includes companies from a wide swath of industries from oil, gas, and defense to Silicon Valley’s stars. RQ stands for Research Quotient.

The CNBC RQ 50 is a unique list of publicly traded companies that derive the greatest shareholder value from their research and development spending (at a minimum of $100M annually), created in partnership with Washington University in St. Louis professor Anne Marie Knott, inventor of the Research Quotient (RQ). The RQ is calculated based on Professor Knott’s proprietary formula and is designed to help investors know what a company can expect to gain in revenue from an increase in R&D investment. – CNBC website

“Economic growth comes from innovation and R&D is the biggest source of innovation,” says Prof. Knott. “So if we can get each firm to increase their RQ a little bit that will lead to a permanent increase in economic growth.”

Prof. Anne Marie Knott

Prof. Anne Marie Knott

“The longer-term benefits are even greater,” Knott says, “as RQ also allows companies to more closely link changes in R&D strategy, practices and processes to profitability and value.”

Knott’s research led to the development of the RQ measurement tool. It is designed to help companies address several key questions that underlie R&D strategy:

  • How does a company know what kind of return it is getting from R&D?
  • Is it better at R&D than the competition?
  • How much should it be spending and what can it do to improve the effectiveness of those investments?

“I had been hoping for a measure like this since before becoming an academic,” Knott says. “Existing measures of innovation, such as R&D intensity and product/patent counts, don’t allow firms, policy makers or academics to know the answers to these big questions.”

Knott’s RQ metric allows companies to estimate the effectiveness of R&D investment relative to the competition.

“It lets them see how changes in their R&D expenditure affect the bottom line and, most important, their company’s market value,” Knott says.

Images:  CNBC video screen shot from CNBC website




CNBC, June 26, 2014, “An idea that could have made Aereo a winner.” Prof. Anne Marie Knott’s commentary discusses the recent Supreme Court ruling against Aereo, the online recording and live streaming television service that aimed to disrupt the broadcast and cable industry by offering lower-priced bundling via cloud-based technology.