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Zen Chu

Zen Chu

Department: Senior Lecturer

Contact: (617) 699-4036, zenven@mit.edu

Expertise: Accelerators; Action learning; Affordable Care Act (ACA); Alibaba; Alibaba; Alliances; Angel investing; Apple; Apps; Asia; Asia Pacific; B-school; Big data; Biopharmaceutical; Biotechnology; Business education; Cancer; China; Clinical trials; Cloud computing; Cloud storage; Competitive strategy; Conflicts of interest; Conflicts of interest; Consumer electronics; Convergence; Corporate social responsibility; Cross-cultural awareness; Crowdfunding; Cultural differences; Cyber security; Developing countries; Developing countries, economics; Digital economy; Digitization; eBusiness; eCommerce; eGovernment; Electronic commerce; Electronic media; Emerging businesses; Emerging markets; Entrepreneurial finance; Entrepreneurial finance; Entrepreneurial management; Entrepreneurship; Executive education; Genetics; Genome; Global entrepreneurship; Global entrepreneurship; Hacking; Healthcare; Healthcare delivery; Healthcare operations management; Hi-technology / Hi-tech; Hospital operations management; Incubators; India; Information technology; Innovation; Innovation management; Innovative thinking; Insurance; Intellectual property; International corporate strategy; International entrepreneurship; Internet applications; Internet security; Internet software; Internet strategy; Internet telephony; iPhone; Knowledge management; Knowledge sharing; Lead users; Lead users; Leadership; Leadership; Medical decision making; Medical devices; Medical devices; Medicare; Medicine; Mergers and acquisitions; MOOCs; Multi-drug models; Nanotechnology; New venture development; New ventures; Obamacare; Open innovation; Open source software; Patents; Pharmaceuticals; Predictive analytics; Private equity; Privatization; Product design; Product development; Product innovation; Research and development; Silicon Valley; Silicon Valley; Singapore; Smartphones; Social entrepreneurship; Social networks; Social responsibility; Software; Southeast Asia; Startups / Start-ups; Strategic management; Strategic planning; Strategy; Taiwan; Technological innovation; Technological innovation; Technological innovation; Technology strategy; Technology transfer; Technology transfer; Telecommunications; Thailand; United States; Venture capital; Venture capital; Vietnam; Virtual customer; Web-based marketing; Wireless communication; X-teams

Joseph Doyle

Joseph Doyle

Erwin H. Schell Professor of Management

Department: Professor of Applied Economics

Contact: (617) 452-3761, jjdoyle@mit.edu

Expertise: Affordable Care Act (ACA); Applied economics; Data analytics; Econometrics; Economics; Healthcare; Healthcare delivery; Healthcare industry; Medicaid; Medical decision making; Medicare; Medicine; Microeconomics; Obamacare

Deborah Lucas

Deborah Lucas

Sloan Distinguished Professor of Finance

Contact: (617) 715-4816, dlucas@mit.edu

Expertise: Fannie Mae; federal budget; federal credit programs; Fiscal policies; Freddie Mac; Governmental financial institutions; Retirement finance; Social Security; student loans

Stewart Myers

Stewart Myers

Robert C. Merton (1970) Professor of Financial Economics

Department: Professor of Finance

Contact: (617) 253-6696, scmyers@mit.edu

Expertise: Banking; Corporate finance; Finance; Insurance; Pharmaceuticals

JoAnne Yates

JoAnne Yates

Sloan Distinguished Professor of Management

Department: Professor of Managerial Communication and Work and Organization Studies

Contact: (617) 253-7157, jyates@mit.edu

Expertise: Blackberry; Changing work environments; Electronic communication; Electronic media; Electronic media; Email; Global standards; Internet; Organizational communication; Organizational studies; Virtual teams and organizations

Behind the hype over Aetna’s minimum wage boost — Barbara Dyer

From Fortune Last week, Aetna, Inc., one of the largest healthcare insurers in America, made news when it announced it would boost its minimum wage base to $16 an hour for its lowest-earning employees. Aetna  AET 0.35%  also pledged to cover more of its employee’s health costs. In a Wall Street Journal interview, CEO Mark Bertolini said the company hopes to reduce its $120 million annual turnover costs and will monitor how this investment plays out. While a firm’s decision to increase pay for lower-wage workers should certainly be applauded, it also begs the question: Why is the decision to pay workers $16 per hour breaking news? My answer: because of the message it sends to investors and shareholders. Business leaders are undoubtedly influenced by their investors and shareholders. Aetna made the business case for investing in their employees by committing to reduced turnover costs. Unfortunately, for some investors, a firm’s employees are viewed … Read More »The post Behind the hype over Aetna’s minimum wage boost — Barbara Dyer appeared first on MIT Sloan Experts.

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