Faculty Expertise Guide

When you want information on timely business topics, MIT Sloan School of Management can provide the expertise you need.

Our internationally renowned faculty and research staff explore the world's most critical business problems and share their insightful solutions through dynamic classroom discussions. This guide provides a window on the intellectual vibrancy of MIT Sloan.

The great volume of research conducted at MIT Sloan and the interests of our faculty and researchers continually evolve, so please contact Paul Denning, director of Media Relations, if you don't find what you need.

Learning how to make a real difference with big data in Latin America – Lee Ullmann

Big data is a popular buzz word these days. Companies are told they should harness the vast amount of data produced globally and it will lead to greater profitability and productivity. By using big data, they can reap benefits like producing better products and customization options. That’s all well and good, but it’s contingent on managers understanding how to use and analyze the data. How many can really do that across all industries? A McKinsey Quarterly report in 2015 found that very few legacy companies have achieved “big impact” through big data. In the study, participants were asked what degree of revenue or cost improvement they had seen through use of big data. The answer was less than 1 percent for the majority of the respondents. A big problem with big data is that, although everyone talks about it, most people don’t really know what to do to ensure that … Read More »The post Learning how to make a real difference with big data in Latin America – Lee Ullmann appeared first on MIT Sloan Experts.  Read the full post >

Passion and vision in business are overrated – Charles Kiefer

From Forbes If you are like a lot of people, your New Year’s Resolution list includes one or more ventures that you’ve been stalling on. Likely you’ve postponed working on this item due to some lack of clarity or perhaps you fear that you haven’t the proper passion for the topic or sector or a compelling vision to start a business. Indeed, how many times have you heard this advice given to people thinking of starting a company: “You’ve got to be passionate about it. You gotta love what you do.” But guess what? Passion isn’t a requirement. Despite what is suggested in the popular press, the founders of many, perhaps most, successful firms didn’t have passion at the beginning, and you don’t have to have it either. Vision isn’t a requirement either, at least not much of one. Here’s another popular myth that needs busting. The advice “you need … Read More »The post Passion and vision in business are overrated – Charles Kiefer appeared first on MIT Sloan Experts.  Read the full post >






 

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