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According to new research from Columbia Business School, workers of all ages increasingly value purpose and meaningfulness at work, so much so that they are willing to give up monetary benefits in exchange. "We tend to think of valuing non-monetary benefits over money only in mission-driven and public service organizations, but this research demonstrates that workers in for-profit organizations are also motivated by a company’s social responsibility," said author Vanessa Burbano, assistant professor of management at Columbia Business School.

The W. Edwards Deming Center at Columbia Business School announced that the 2016 Deming Cup for Operational Excellence will be awarded to David M. Cote, chairman and CEO of Honeywell, and Indra K. Nooyi, chairman and CEO of PepsiCo.

Christopher J. Mayer, Paul Milstein Professor of Real Estate, has been appointed co-director of the Paul Milstein Center for Real Estate as of July 1. He assumes the role most recently held by Professor Lynne B. Sagalyn. Professor Mayer was previously director of the Milstein Center from 2003–08.

This story was originally published in Columbia Ideas at Work. Matt Schiavenza

Daniel Liu ’17, Co-Vice President of Education, and Alec Maghami ’17, Co-Vice President of Alumni & Mentorship with the Real Estate Association (REA), have been awarded Pension Real Estate Association (PREA) scholarships for the 2016-17 academic year.

To help advance causes like childhood education and waste management, four entrepreneurs received $25,000 for their ventures in the latest round of funding from the Tamer Fund for Social Ventures. In addition to funding, these entrepreneurs also gain access to the social enterprise resources the Tamer Center for Social Enterprise at Columbia Business School provides.

To help advance causes like childhood education and waste management, four entrepreneurs received $25,000 for their ventures in the latest round of funding from the Tamer Fund for Social Ventures

Professor Amit Khandelwal opens up about his goals as the Chazen Institute’s new director and his long-term vision for the study of global business at Columbia.

Professor Gerald Curtis, Burgess Professor Emeritus of Political Science at Columbia University, wrote an op-ed for The Wall Street Journal, on Japan's Upper House election. You can read the article on The Wall Street Journal's website: Japan’s Election Offers Little Choice (The Wall Street Journal, 06/26/16)

Dean Glenn Hubbard has announced the appointment of Beatrice Ellerin, known as Bunny, as Director of the Healthcare and Pharmaceutical Management (HPM) Program, effective September 1. Cliff Cramer, who created the HPM Program in 2006, will continue to support the program as an adjunct professor and mentor to students and alumni.