Research Expertise: Consumer and firm behavior in banking markets, the design of sound public policy in banking
Associate Professor Victor Stango’s current research focuses on household financial decision making over both short- and long-term time horizons. His other current work, supported by a grant from the National Science Foundation, examines how information technology outsourcing affects firms and consumers in the financial services industry. Stango has also studied the credit card and ATM markets, and has a side interest in sports economics.
Keeping it “Real”: Leadership in the 21st Century
The leadership skills necessary for success today are very different from leadership best practices 10 years ago.
Have you noticed that the leadership skills necessary for success today are very different from leadership best practices 10 years ago? If so, you’re not alone. In a volatile, hyper-connected and complex world, leaders’ decisions are more visible and have a greater global and political impact than ever before. They are also frequently expected to make these decisions right now.
It’s 1:30 p.m. on a weekday, and Yen Ha and Michi Yanagishita have left their office to munch hot dogs and French fries at one of the oldest bars in New York. Elsewhere in the city harried professionals are sitting at their desks and shoveling food into their mouths while they write memos or reply to emails. But Yen and Michi do not care. They are out to lunch, and they don’t feel guilty about it.
Though it’s easy to rationalize skipping lunch or eating at your desk, the break can actually be good for your productivity. Kimberly Elsbach, a management professor at UC-Davis who studies the psychology of the workplace, says getting away from your desk can provide a boost in creativity.