EMBA Global Labs
The MIT Executive MBA Program (EMBA) is an extraordinary opportunity for rising executives to challenge themselves and to challenge convention. The EMBA Program is built on MIT’s culture of rigor, inquiry, teamwork, and taps into deep roots in innovation, research, and management. The MIT Sloan School of Management has defined the science of management and has led innovations that have changed the face of business. MIT Sloan continues to be at the forefront of management education, empowering executives with a rigorous and data-driven approach to solving complex challenges and seizing strategic opportunities.
More on the MIT EMBA here: https://emba.mit.edu/
MIT Executive MBA Students/Working Executives
The MIT Executive MBA Program boasts the most senior executive MBA cohort in North America. Each class of 126 working executives will undertake this rigorous 20-month executive-schedule program. EMBA students travel to campus 30 times in 20 months, while remaining actively engaged in their careers at the same time. The EMBA students learn while they work, and work while they learn. The curriculum is designed to build General Management skills, a scientific approach to management and includes:
- Global Leadership
- Data-Driven Analytics
- Operations Management
- System Dynamics
- Innovation and Entrepreneurship
Aligned to the Mission of MIT Sloan, the EMBA strives to equip students to address the world’s greatest challenges. Each Global Lab course focuses on a different aspect of that goal. The MIT Executive MBA Class of 2019 Action Learning lab classes will run from January – April 2019 with March 16-23, 2019 set aside for concentrated Field Study. Some teams will travel outside of the U.S.
MIT Executive MBA Class of 2019 Student Profile
GO-Lab—Global Organizations Lab—will focus on the strategic, management and organizational challenges of international scaling, localization, and cross-border initiatives and integration in organizations of all sizes.
IDEA Lab—Innovation Driven Entrepreneurial Advantage—will explore themes of global innovation ecosystems, stakeholders and experimentation/evaluation. Consider Boston’s innovation ecosystem as a place to launch or scale up a start-up, and/or for global corporations to use as a base to tap into the Boston innovation economy.
China Lab will provide students with insights regarding the issues and challenges in Chinese economy and business through lectures and project-based learning.
During each Global Lab course, EMBA students will seek to:
- Develop integrative perspectives through examination of a real-world challenge in a global context across:
- Functional area
- Apply frameworks and tools to a complex, multi-dimensional, multi-stakeholder management problem or opportunity
- Integrate 16 months of team-based learning by working with external stakeholders in an unfamiliar organizational setting
The MIT Executive MBA students will leverage their own experiences, MIT’s analytical tools, and best practices while working with project sponsors to address organizational and global concerns. Each Global Lab EMBA project team will spend approximately 4 months on the project, with one week set aside for intensive Field Study.
Past Sponsors’ Comments on Impact
- “Serious professional, senior executives”
- “Provided an external perspective, and multinational and multicultural inputs”
- “The team came up with a diverse idea which we would never have considered.”
- “The project was a win for us and helped us understand things that people don’t tell us directly but would tell the MIT team.”
- “Extremely good value—seasoned, executive input from multiple viewpoints (including MIT), with objective feedback, while expecting no follow-on business (ie consultant model)
- “A candid and professional perspective from a highly talented group of people”
- “Highly skilled resources who can take on a challenging task independently with little or no guidance”
“I am (impressed) with how you were able to understand our business, our complex model, and focus on the critical aspects of our globalization in such a short time. You … exceeded my expectations … You highlighted blind spots that we need to work on, provided validation for some of the initiatives we are undertaking, and identified important strategic areas we need to address to meet our objective.”GO-Lab Project Sponsor, Head of R&D Marketed Products, global pharmaceutical company
The Project Sponsor provides the strategic context for the project as well as access to data and key staff. The Sponsor should plan to engage with team on a consistent weekly basis to review progress and provide feedback. If multiple locations are involved, there should be a dedicated Site Facilitator to help coordinate activities and meetings and serve as a key point of contact at each location engaged in the project.
Travel and Expenses
Global Lab teams are student teams fulfilling an academic requirement. Project sponsor responsibilities include providing the strategic context for the project, access to people and data, and work space during the Field Study visit. EMBAs are executive/students (vs. consultants) so there is no fee for service, but project sponsors are responsible for travel and lodging expenses for their EMBA team.
Expenses include airfare, lodging and local travel. Most projects require international travel, and some involve travel to multiple locations outside of the US. Expenses range from US$15,000-US$30,000 based on travel destination. Click here to download the Global Lab Travel Policy.
Sponsors often need assurance of confidentiality. MIT routinely enters into Nondisclosure agreements with sponsoring organizations on behalf of EMBA teams. Click here to download MIT’s standard Non-Disclosure Agreement.
Download Documents HereMIT Sloan Non-Disclosure Agreement (Spring FY19)
GO-Lab Project Application
Contact for More Information
To learn more about the MIT Executive MBA Program please visit our website, https://emba.mit.edu/.
To learn more about the MIT Executive MBA Program and/or sponsoring an Action Learning project, contact Beth Chartier at firstname.lastname@example.org