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University of Virginia Darden School of Business Professors Ed Freeman and Bobby Parmar and George Washington University School of Business Professor Kirsten Martin co-authored their new book, The Power of And: Responsible Business Without Trade-Offs, available 13 June from Columbia University Press, to offer a new narrative about the nature of business, revealing the focus on responsibility and ethics that unites today’s most influential ideas and companies.

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Does career risk inhibit entrepreneurship? Research from Darden Professor Ting Xu and colleagues shows the effect of leave policies on entrepreneurship and explores the extent to which longer job-protected leave leads to new ventures, creating jobs in industries in which experimentation before entry has low costs and high benefits.

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A revolution in the way we understand business: It can and should seek to improve the state of the world. In an excerpt from their forthcoming book, Darden Professors R. Edward Freeman and Bidhan L. Parmar, experts in stakeholder theory, discuss models for businesses not solely driven by profit maximization.

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While the future has always been unpredictable, the global uncertainty caused by the novel coronavirus is at a record high. To help us steer through this unprecedented crisis, Professor Saras Sarasvathy shares insights on entrepreneurial decision-making and offers four strategies seasoned founders use to turn uncertainty into opportunity to co-create a better future.

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As CEO of global asset management firm Research Affiliates, Katrina Sherrerd (Ph.D. ’87) is leading the influential financial services firm through a period of deep global uncertainty, as world financial markets continue to show great volatility amid the coronavirus pandemic.

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Faced with limited customer flow, forced shut down of operations and a looming economic recession, the uncertainty of the COVID-19 pandemic leaves small-business owners to make decisions with little idea of what the future may hold. What lessons can they take from the success and resiliency of businesses that have survived crises in the past?

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The University of Virginia Darden School of Business has launched a new suite of courses on digital product management available to learners across the world.

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If the COVID-19 crisis triggered health, economic, social and psychological changes that mean we will be living and working through destabilizing moments now and for the foreseeable future, then all the more reason now to adopt and practice essential skills of Leading Mindfully. How should we start thinking in new ways that better represent reality?

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An influential academic journal has devoted the entirety of a recent issue to effectuation, the theory of entrepreneurship pioneered by University of Virginia Darden School of Business Professor Saras Sarasvathy.

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Darden experts offer advice for cultivating mental resilience

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Defining Moments and Second Chances: A manager at Cascade Engineering who joined the company through a prisoner reentry program joined a Darden class earlier this spring to share his own journey from incarceration to the working world. “Defining Moments” is a Second Year elective that purposefully places students in realistic, high-pressure situations and helps them consider and learn from their responses and reactions. McKinley asked Darden students to consider the possibility of second chances, noting the legions of people like himself who leave prison wanting nothing more than another opportunity to work hard and to build a life.

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Does fiscal stimulus raise interest rates and tighten credit markets, as theoretical models of the macroeconmy predict? New research shows what the real effect of government spending is on the U.S. economy — and what high levels of inequality have to do with the interest rate response to fiscal stimulus.

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Increasing urbanization can prove challenging in the era of COVID-19 social distancing, particularly given the dependence on essential services and the unique health concerns of high-population density. A new study clarifies the tradeoffs between city and suburban patterns of consumption and how different areas fulfill essential daily functions.

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China’s progress towards modernization and marketization gave women unprecedented opportunities to launch and scale private enterprises and make billions in the process. Professor Ming-Jer Chen shares insights on how China managed to forge a new class of super-successful female founders.

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In times of crisis, leaders need to watch out for at least two leadership blind spots: One involves overreacting, one denial —a “suck it up” approach can be valorized in certain work cultures. Here are practical actions to tame such impulses and bring greater clarity, calm and goodwill in a moment when how you show up as a leader really counts.

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The coronavirus pandemic has devastated large portions of the global economy and spurred an enormous government response to stem the fallout. Darden Professor Kinda Hachem considers the state of the U.S. economy and the extraordinary efforts underway to prevent further collapse.

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University of Virginia Darden School of Business Professor Sam Bodily retires.

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When University of Virginia Darden School of Business alumna Goli Sheikholeslami (MBA ’94) ended a successful tenure as president and CEO of Chicago Public Media to become president and CEO of New York Public Radio, she was ready to embrace the challenge of leading a major media organization in the largest media market in the United States.

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Professor Alan Deardorff has been a leading expert on international trade for decades, yet even the longtime University of Michigan professor has been stunned at the developments of recent years. Speaking with University of Virginia Darden School of Business students in Professor Peter Debaere’s “Managing International Trade and Investment” course, Deardorff, the former academic adviser of Debaere and Darden Professor Dan Murphy, shared newfound lessons on the power of the U.S. presidency and what we might learn from trade in a time of a global pandemic.

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How should brands communicate their sustainability plans and their corporate environmental performance? Professor June West and Joanna Price, Sr. Vice President, Public Affairs and Communications at Coca-Cola, explore the challenges of developing a successful communication strategy around climate action.

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What can we expect across global financial markets following the COVID-19 crisis? UVA Darden Professor Marc Lipson and guest Cornell S.C. Johnson Professor Andrew Karolyi discuss international and domestic listings, financial versus real business cycles, and both short-term and long-term implications of de-risking.

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In a recent webinar hosted by the University of Virginia Darden School of Business and moderated by JP Morgan Private Bank Managing Director Jonathan England (MBA ’06), Professors Frank Warnock and Kinda Hachem outlined the extraordinary measures the Fed has taken to keep key aspects of the economy functioning during the coronavirus crisis, as well as additional tools the central bank may use as the crisis continues.

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Leadership and management: synonymous? Nope. Both are associated with defining behaviors, and research shows which are consistently seen more positively. But organizations need both leaders and managers to function. Here’s how to ensure the right people are hired for the right jobs.

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While the economic fallout from the global coronavirus outbreak remains nearly impossible to quantify at present given the growing nature of the pandemic, University of Virginia Darden School of Business Professor and Dean Emeritus Bob Bruner suggested historical antecedents may serve as useful guideposts in the months and years ahead.

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At a time of uncertainty and growing anxiety caused by the coronavirus pandemic, having transparent, consistent and empathetic communication with key stakeholders is more critical than ever. Darden Professor June West and Darden Executive-in-Residence Steve Soltis share four lessons in communicating through the fast-moving crisis.

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How can managers promote consistent ways of working among team members from diverse cultural backgrounds who are based all over the world? And how can leaders help workers develop solid relationships with their colleagues even though they may not meet them regularly — if ever? Darden Professor Yo-Jud Cheng sheds light on those questions.

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Minority-owned banks offer a valuable function in providing equitable support to minority communities and small-businesses. While they receive some government benefits, they also receive criticism for the support and a perception they’re “risky.” Is that criticism founded? Research analyzes actual outputs and inputs.

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The science of collective intelligence is clear: a positive emotional state enables the highest levels of performance. How do we reach that in the midst of social distancing and the anxiety the COVID-19 pandemic breeds? Here: practical steps to create a positive virtual working environment and daily practices to foster emotional connection.

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The actions taken by retail health clinics — small primary care clinics located within retail outlets like Walmart’s Care Clinics or CVS’ MinuteClinic — will have a significant impact on public safety, and their actions may prevent the COVID-19 pandemic from overwhelming the U.S. health care system. Darden Professor Dennie Kim explains.

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Rapid strategic pivots due to the coronavirus pandemic, digital disruption at massive scale and increasingly global, complex organizations — the need for lifelong learning to advance leadership capabilities and technical skills has never been greater.

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University of Virginia Press and the University of Virginia Darden School of Business have announced a publishing partnership to launch UVA Darden Business Publishing, an imprint of the University of Virginia Press. Through the partnership, UVA Press will publish books in print and digital editions under the auspices and imprint of the business school.

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What drives household consumption? Standard theories of consumer behavior may not fully account for a major driver of spending (or not spending). Professor Dan Murphy and colleagues have a new model to help us understand consumption choices and the broader effects of policymakers’ attempts to stimulate the economy.

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Media pioneer and philanthropist Ted Turner is the 2020 recipient of the Thomas Jefferson Foundation Medal in Global Innovation.

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Rhoback, the line of stylish activewear owned and operated by University of Virginia Darden School of Business alumni Matt (MBA ’16) and Kristina Loftus (MBA ’17), has temporarily shifted much of its production from performance polo shirts, Q-Zip pullovers and performance t-shirts to face masks intended to stop the transmission of the novel coronavirus, known as COVID-19.

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What’s novel about COVID-19 isn’t just the coronavirus. It’s the sheer scale and depth of The Big Human Pivot that this tiny infectious particle has triggered. In unprecedented times, what can you do to lead mindfully through it? In this series, Lili Powell introduces a Leading Mindfully strategy: “see it, name it, tame it and reclaim it.”

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Humanity is a social species — yet the coronavirus pandemic requires that we reduce physical contact. Here are actionable suggestions for effective interactions to help balance efficiency and connectedness, as modern technology helps us move our interactions to the virtual world and avoid significant social isolation.

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Churchill and Lincoln deliberately solicited the opinions of those who were willing to challenge them. Leaders may be best advised to evaluate where loyalty lies: the leader’s self-interest or the organization’s mission? Professor Detert discusses courageous leadership — necessary to get us through COVID-19.

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A recent highlight of the University of Virginia Darden School of Business Executive MBA academic calendar has been the “Marketing Technology Products” elective delivered every spring in San Francisco. The Second Year course sponsored by the Batten Institute focuses on the influence of technology in business models and marketing, with themes that vary year to year

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Like his peers in the University of Virginia Darden School of Business Executive MBA Class of 2020, Dr. Taison Bell’s world has been upended by the global coronavirus pandemic. As a critical care and infectious disease specialist and director of the medical intensive care unit at the UVA Health System, Bell is a leader in the rapidly evolving response to the pandemic, a role that involves trying to ensure adequate resources, advising on treatment and prevention, and, of course, tending to patients.

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In light of the disruption stemming from the coronavirus pandemic, the University of Virginia Darden School of Business has added additional flexibility for students applying for admission to the full-time MBA program for the Class of 2022.

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The COVID-19 crisis has accelerated the number of teams working virtually. Here: tips for leaders of virtual teams on how to communicate expectations clearly, choosing the appropriate communication style and supporting a team from afar.

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Mandated by the Constitution, the U.S. Census Bureau counts the nation’s residents every 10 years. The data determine seats in the House and federal funds for local communities, as well as inform practical research. Examples from Darden: studies on poverty and race, allocation of opportunity zones, and the effect of technology on rich and poor.

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What’s novel about COVID-19 isn’t just the coronavirus. It’s the sheer scale and depth of The Big Human Pivot that this tiny infectious particle has triggered. In unprecedented times, what can you do to lead mindfully through it? In this series, Lili Powell introduces a Leading Mindfully strategy: “see it, name it, tame it and reclaim it.”

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COVID-19 has sent us into a grand and growing telework experience. How do organizations, employees and leaders function in a world in which operations must continue but face-to-face may be impossible? Included: alternatives to in-person communication and physical contact, developing relationships virtually, and managing yourself and productivity.

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The coronavirus has spread around the world rapidly. Here, one Darden professor examines the financial implications versus the ethical ones. What would an uncontrolled outbreak mean in the U.S.? What can we learn from China and Italy? And what questions should organizations be asking?

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From the Civil War and Reconstruction to Martin Luther King Jr. and Richard Nixon to Jay-Z and Killer Mike: Darden experts discuss the history of minority depository institutions, the integral service they provide diverse communities and the challenges that still exist.

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When Apple’s longtime design guru Jony Ive announced that he’d be starting his own agency, it meant major change. The situation serves as a case in point for any organization whose success rests on strategic human capital: If strategy is intrinsically tied to talent, how does a firm support that talent or proceed if that talent disengages?

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As part of numerous upgrades planned for the buildings and facilities at the University of Virginia Darden School of Business, the W.L. Lyons Brown III Innovation Laboratory (i.Lab) will transition this summer from its existing North Grounds location to new space in Darden’s core academic building.

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Understanding the challenges and opportunities presented by global climate change linked the speakers, presentations and dialogues at ClimateCAP: The Global MBA Summit on Climate, Capital & Business, held 21–22 February at the University of Virginia Darden School of Business.

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At an alumni career panel during Net Impact Week, Darden alumni discussed making a social impact in fields ranging from beer brewing to educational technology, as well as their often atypical recruiting paths at the School.