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Thomas Kochan

Thomas Kochan

George Maverick Bunker Professor of Management

Department: Professor of Work and Employment Research and Engineering Systems

Contact: (617) 253-6689, tkochan@mit.edu

Expertise: Airlines; Changing work environments; Changing workforce; China; Collective bargaining; Conflict management; Conflict resolution; Corporate governance; Corporate social responsibility; Dispute resolution; Employment relations; Future of work; Future of work; Healthcare delivery; Healthcare industry; Human rights; Industrial relations; Industrial relations; Job creation; Labor market policy; Labor relations; Labor standards; Labor unions; Managing change; Minimum wage; Minimum wage; Negotiation; Negotiation and conflict resolution; Organizational design and performance; Organizations; Social responsibility; South Korea; Training; Tri-sector collaboration; Unemployment; Unemployment; Union busting; Unions; Worker / Management relations

Otto Scharmer

Otto Scharmer

Department: Senior Lecturer, Organization Studies

Contact: (617) 253-0486, scharmer@mit.edu

Expertise: Action learning; Africa; Asia; Asia Pacific; B-school; Banking; Brazil; Change management; China; Developing countries; Digitization; Distance learning; Distributed leadership; Economic crisis; Economic history; Economics; Economy; Emerging markets; Entrepreneurship; Environmental leadership; Ethics; Ethics; Europe; European Union (EU); Executive education; Future of work; Future of work; Germany; Global economics; Globalization; Government; Healthcare; Innovation; Innovative thinking; Japan; Leadership; Leadership; Leadership; Managing change; Managing change; MOOCs; MOOCs; Organization development; Organizational behavior; Organizational change; Organizational communication; Organizational culture; Organizational learning; Organizations; Political economy; Scandinavia; Sharing economy; Social entrepreneurship; Social responsibility; Southeast Asia; Strategic management; Strategy; Tri-sector collaboration

How Wal-Mart can secure the American Dream for millennials — Thomas A. Kochan

From Fortune It’s time all stakeholders — employees, business leaders, government officials, and educators — have a serious discussion about how the nation can create better jobs for the next generation. Wal-Mart has been getting good press recently for its decision to raise its associates’ wages to a minimum of $9 per hour. And it should. So should the unions and community groups that have been pressuring the U.S. retailer to do just that. They also deserve some of the credit for exposing Wal-Mart’s low wages, reliance of associates on food stamps and other public assistance, anti-union tactics, and bottom of the industry ratings on customer service and employee satisfaction. But all those who had a hand in generating this action should see it as only the first step in what will need to be a long and multi-faceted strategy if Wal-Mart and its protagonists, and most of all its associates, are to one … Read More »The post How Wal-Mart can secure the American Dream for millennials — Thomas A. Kochan appeared first on MIT Sloan Experts.

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