HOME | NEWSROOM
HOME | NEWSROOM
  • Media Highlights

  • Ex-BOE policy maker Forbes urges a rethink of inflation models
    Published: June 19, 2018
    Outlet: Bloomberg (Video)
    Kristin Forbes, MIT Professor of Global Economics and a former MPC member of the Bank of England, discusses the need for a fix of inflation models and new ways of determining unemployment data. She speaks with Bloomberg's Matt Miller from the ECB's annual forum in Sintra, Portugal on "Bloomberg Markets."
    Read more
    Why collaborative thinking beats individual smarts
    Published: June 18, 2018
    Outlet: The Economist
    An interview with Thomas Malone, author of SUPERMINDS, together with an extract from the book. As a professor of management at MIT, Malone has built on his earlier works to consider how new technologies and people can combine to create new kinds of productive entities, which he calls “superminds.”
    Read more
    The productivity paradox
    Published: June 18, 2018
    Outlet: MIT Technology Review
    Illustrating the potential of AI as a general-purpose technology, Scott Stern of MIT's Sloan School of Management describes it as a “method for a new method of invention.” An AI algorithm can comb through vast amounts of data, finding hidden patterns and predicting possibilities for, say, a better drug or a material for more efficient solar cells. It has, he says, “the potential to transform how we do innovation.”
    Read more
    Lowell company developing 'bone glue' to help healing
    Published: June 17, 2018
    Outlet: The Lowell Sun
    LaunchPad Medical CEO Brian Hess (EMBA '14), a co-inventor of 12 patents and graduate of MIT Sloan, helped found LaunchPad Medical in 2014. LaunchPad Medical recently launched their product, Tetranite adhesive, onto the International Space Station for experiments in microgravity environment, and soon will publish the results from those trials. They started testing in co-founder and R&D program manager Mike Brown's (MBA '19) Braintree basement.
    Read more
    FT Masters in Finance 2018: Ranking and analysis
    Published: June 17, 2018
    Outlet: Financial Times
    The Financial Times released their 2018 Masters in Finance ranking and MIT Sloan is the only US school to make the top 25 in the "pre-experience" programmes category.
    Read more
    Why endorsements may advantage MBA applicants
    Published: June 15, 2018
    Outlet: LSE Business Review (Opinion Piece)
    Prof. Emilio J. Castilla and Ben A. Rissing (PhD '13) write: "...we analysed detailed admissions records for 21,324 applications to a full-time MBA program in the United States over a seven-year period. We also investigated the academic performance, job placement, salary, student leadership activities, and monetary donations to the studied school for both endorsed and non-endorsed MBA recipients..."
    Read more
    Robots won't take your job––but they will probably make it boring
    Published: June 14, 2018
    Outlet: Wired (Opinion Piece)
    Matt Beane, who received his PhD from MIT Sloan and is a research affiliate with MIT's Initiative on the Digital Economy, writes: "Across my studies, the pattern is similar. The robot gets installed, handling a focused set of dirty, dangerous, or boring tasks. Efforts to redesign the work slow to a trickle: once results are the same or slightly better than before the redesign stops there. This means organizations miss innovative work designs and instead settle on ones that make the work worse: less challenging with fewer opportunities to learn and relate to other people in the process."
    Read more
    EU's attempt to tackle 'ratings shopping' is falling short
    Published: June 14, 2018
    Outlet: Financial Times (Opinion Piece)
    MIT Sloan Senior Lecturer Robert Pozen writes: "Attempts in Brussels to shed more light on a practice blamed for exacerbating the pre-crisis credit boom are falling short. Europe's finance watchdog must act to help protect investors from murky 'ratings shopping'..."
    Read more
    Why you can't really trust negative online reviews
    Published: June 13, 2018
    Outlet: The New York Times
    In a data sample from Amazon, just 4.8 percent of reviews with a verified purchase were rated one star, whereas 59 percent had five stars, according to a study published in 2014 by The Journal of Marketing Research and led by Duncan Simester, a marketing professor at the MIT Sloan School of Management.
    Read more
    The long wait for a productivity resurgence
    Published: June 12, 2018
    Outlet: Financial Times
    No economist has done more to promote the revolutionary implications of information technology than MIT's Erik Brynjolfsson, above all in books co-authored with Andrew McAfee, also of MIT. But, in an interesting recent paper with two co-authors, he, too, recognises the “productivity paradox.”
    Read more
    Minority financial planners: Nearly nonexistent
    Published: June 12, 2018
    Outlet: Forbes
    MIT Sloan MBA '00 James Brewer is a CFP who is founder of Envision Wealth Planning in Chicago and former VP of the Association of African American Financial Advisors. Brewer told Forbes that when he was entering the business, he was asked to take a math test (which he passed) and an employee at a big financial firm where he applied said to him: “The guy in the corner office said ‘They [the firm's clients] won't buy from you.'”
    Read more
    Three strategies that are more effective than firing a bad employee
    Published: June 11, 2018
    Outlet: CNBC Make It
    "It's probably far better to sever those ties and help the employee move on to a job or organization where the fit is much better and where he or she may be a more productive employee," Neal Hartman, a senior lecturer in managerial communication at MIT Sloan, told CNBC Make It.
    Read more
    Blame Democrats and Republicans for disastrous Social Security fund
    Published: June 11, 2018
    Outlet: The Hill (Opinion Piece)
    MIT Sloan Senior Lecturer Robert Pozen writes: "Before 2010, Social Security ran annual surpluses of payroll taxes over benefit checks. But the surplus cash was spent by both Democratic and Republican administrations, which in exchange issued Treasury bonds to the Social Security trust fund..."
    Read more
    MIT's mind-blowing solutions to the nine hardest startup problems
    Published: June 10, 2018
    Outlet: Inc.
    MIT alum Peter Cohan writes: "When I was a graduate student at MIT, professors overloaded with me challenging weekly problem sets. So I figured an MIT professor would be able to handle the challenge of answering the 9 toughest challenges facing an entrepreneur. On June 8, Bill Aulet, Managing Director of the Martin Trust Center for MIT Entrepreneurship, gave me his solutions and they should guide any aspiring leader."
    Read more
    What makes companies lie
    Published: June 9, 2018
    Outlet: Barron's (Subscription only)
    Managers with middling levels of public scrutiny are most likely to lie and then later restate their earnings, reports Delphine Samuels, an assistant professor of accounting at MIT Sloan, who conducted the study along with two professors at Wharton, Daniel Taylor and Robert Verrecchia.
    Read more
    The slow pace of digital transformation
    Published: June 8, 2018
    Outlet: Forbes
    The latest report on the state of digital transformation by MIT Sloan Management Review and Deloitte Digital suggests (slow) progress is being made. It revealed that the number of companies reporting that their digital transformation projects are at a developing or mature stage rose by three and five percentage points respectively.
    Read more
    Harnessing the collective intelligence of humans and machines
    Published: June 8, 2018
    Outlet: The Wall Street Journal (Opinion Piece)
    Irving Wladawsky-Berger writes: "For over a decade, Thomas Malone, founding director of the MIT Center for Collective Intelligence, has been conducting pioneering research on the collective intelligence of groups. Prof. Malone recently published SUPERMINDS: THE SURPRISING POWER OF PEOPLE AND COMPUTERS THINKING TOGETHER..."
    Read more
    Could the 'BioBoom' go bust? How one MIT professor sees it
    Published: June 8, 2018
    Outlet: WBUR's All Things Considered (Audio)
    MIT finance professor Andrew Lo says: "...there are lots of breakthroughs that are happening literally on a daily basis. Diseases that were death threats now are cured. The problem is that we don't know exactly how much capital is just the right amount. And so, given that there is so much exuberance, it's not surprising that we might ultimately end up over-investing." (start: 0:55)
    Read more
    As U.S. flexes its muscles on trade, other countries are beginning to push back
    Published: June 8, 2018
    Outlet: NPR's All Things Considered (Audio)
    Many countries remain suspicious of the way the U.S. seems to have done an about-face on trade policy, appearing to abandon its long-standing support for free and open markets, says Simon Johnson, professor of entrepreneurship at MIT Sloan. (start: 2:15)
    Read more
    Long-term health care industry vexed by immigration restrictions
    Published: June 7, 2018
    Outlet: Marketplace (Audio)
    MIT economist Paul Osterman calculates many workers earn around $20,000 a year. He says the labor shortage is putting pressure on nursing homes like Bethany, and on seniors and their families. "What that means is that your mother, your grandmother, who need care, will not be able to find that care," he said. "Or the cost of doing so will become exorbitant." (start: 2:30)
    Read more
    Can you teach entrepreneurship?
    Published: June 7, 2018
    Outlet: The Economist
    Vanessa Coleman started a business called FINsix—which built an efficient and compact power converter—at MIT Sloan with three other graduate students . . . Bilikiss Adebiyi-Abiola came from Nigeria to MIT and took a course run by Bill Aulet, a well-known author, on entrepreneurship; she says that helped her gain confidence in pitching to a room full of investors.
    Read more
    These MIT MBAs are launching a VC Fund
    Published: June 6, 2018
    Outlet: Poets & Quants
    Jaida Yang and Preeti Sampat stepped on campus in Boston in the fall of 2016. And when they graduate this week, they'll be setting off on the continued launch and growth of their venture capital fund, Infinite Road. Yang, 27, and Sampat, 30, want to launch a fund that knows no boundaries based on geography, industry, or even educational level.
    Read more
    SeLFIES a good look for Australian retirement
    Published: June 6, 2018
    Outlet: Investment Magazine (Opinion Piece)
    Robert C. Merton and his co-author write: "The Treasury Department has issued a report seeking comment on ways to improve retirement income security in Australia (Retirement Income Covenant Position Paper: Stage one of the Retirement Income Framework, May 2018)..."
    Read more
    Women and people of color are underrepresented in Mass biotech. That has to change
    Published: June 6, 2018
    Outlet: WBUR's Cognoscenti (Opinion Piece)
    MIT Sloan MBA David Lucchino writes: "The MBA I earned at MIT's Sloan School of Management opened doors, enabling me to meet some of the most influential scientists and researchers in the Cambridge biotech community. Every day, I see the energy, drive and intelligence of the young people who work in my firm, and throughout the industry. There's no lack of talent. But access to the world of life sciences is not universal."
    Read more
    Bloomberg Baystate Business: Energy and biotech
    Published: June 6, 2018
    Outlet: Bloomberg (Audio)
    Bloomberg talked about the relationship between aging nuclear power plants and clean energy goals with Christopher Knittel, Professor of Applied Economics at MIT. (start: 4:45)
    Read more
    Artificial intelligence will dominate our lives, but it won't replace us
    Published: June 6, 2018
    Outlet: City A.M.
    A study by Erik Brynjolfsson and colleagues at MIT Sloan in the latest issue of the American Economic Review is a serious and innovative attempt to analyse the potential impact of AI on occupations across the economy.
    Read more
    Why banks are losing the battle for M.B.A. talent
    Published: June 6, 2018
    Outlet: The Wall Street Journal
    “Over the last 10 years you've had an almost complete flip between finance and technology,” said Jean Ann Schulte, director of employer relations and recruiting services at MIT Sloan. She said one factor cited by students is a workweek of 90 to 100 hours that can be typical in the banking industry. “You can have a lucrative career without those lifestyle costs,” Schulte said.
    Read more
    With goals, FAST beats SMART
    Published: June 5, 2018
    Outlet: MIT Sloan Management Review (Opinion Piece)
    MIT Sloan Senior Lecturer Donald Sull and his co-author, Charles Sull, write: "To harness their potential, leaders must move beyond the conventional wisdom of SMART goals and their entrenched practices. Instead, they need to think in terms of being FAST, by having frequent discussions about goals, setting ambitious targets, translating them into specific metrics and milestones, and making them public for everyone to see."
    Read more
    Coming of age digitally: Learning, leadership, and legacy
    Published: June 5, 2018
    Outlet: MIT Sloan Management Review (Opinion Piece)
    In the 2018 Digital Business Report, MIT SMR and Deloitte find that digitally maturing organizations encourage distributed leadership and a healthy appetite for experimentation.
    Read more
    Shifting the risk of mortgage defaults from taxpayers to investors
    Published: June 5, 2018
    Outlet: The Brookings Institution (Opinion Piece)
    MIT Sloan Senior Lecturer Robert Pozen and MIT Sloan MBA Clayton Pfannenstiel write: "Since the financial crisis, the federal government has vastly expanded its role in backing the residential mortgage market..."
    Read more
    What Elon Musk doesn't understand about journalism
    Published: June 2, 2018
    Outlet: Salon (Opinion Piece)
    MIT Sloan Porf. Thomas Malone writes: "Elon Musk's sometimes antagonistic relationship with the press is no secret. But last week, the billionaire chief executive of SpaceX and Tesla exhibited a new level of hostility..."
    Read more
    Who among us can read a sextant?
    Published: June 1, 2018
    Outlet: Bloomberg
    MIT Prof. Thomas Malone proposes that groups as well as individuals can have measurable intelligence. This leads to his notion of human superminds. They take the form of collaborations, corporations, rock bands and football teams.
    Read more
    Trump withdrew from the Paris climate deal a year ago. Here's what has changed.
    Published: June 1, 2018
    Outlet: The Washington Post
    “Officially all nations have maintained that despite what the U.S. has announced it is going to do, that they are still going to stick with Paris,” said John Sterman, an MIT professor who works with the D.C. based Climate Interactive on projections of where the world is headed on climate change.
    Read more
    Roberto Rigobon: "Argentina es uno de los países con las cargas impositivas más grandes del mundo"
    Published: May 31, 2018
    Outlet: infobae (Argentina)
    Roberto Rigobon, profesor de Economía Aplicada en MIT Sloan, fue uno de los oradores de "Transformado la revolución fintech", el evento que realizó en Buenos Aires, la Escuela de Negocios del MIT Sloan junto con la Escuela de Negocios de IDEA (Instituto para el Desarrollo Empresarial de la Argentina).
    Read more
    "Transforming the Fintech Revolution," an MIT Sloan Conference in Buenos Aires
    Published: May 31, 2018
    Outlet: The Bubble (Argentina)
    The "Transforming the Fintech Revolution" conference was focused on Blockchain technology and bitcoin's impact, and was a must for anyone investing in these areas. Led by the MIT Sloan Latin America Office (MSLAO) and the IDEA Escuela de Negocios, the day comprised ten lectures, taught by MIT professors and important figures from the new wave of finance, at the Hilton in Puerto Madero.
    Read more
    U.S. taxpayers need stronger protection from the next housing crash
    Published: May 30, 2018
    Outlet: MarketWatch (Opinion Piece)
    MIT Sloan Senior Lecturer Robert Pozen and MIT Sloan MBA Clayton Pfannenstiel write: "Almost a decade ago, Fannie Mae and Freddie Mac — collectively Government Sponsored Enterprises or GSEs — became insolvent, were bailed out by taxpayers, and were put into federal conservatorship. Yet, in May, Treasury Secretary Steven Mnuchin admitted that this Congress is not likely to enact GSE reform, although the subject is still on his agenda..."
    Read more
    ServiceNow, Workday and Salesforce are driving digital transformation
    Published: May 29, 2018
    Outlet: Forbes (Opinion Piece)
    MIT Sloan Senior Lecturer Hal Gregerson and his co-author write: "Digital transformation. It's the hot topic in corporate America today. Executives are being told with increasing frequency that they need a “digital transformation” strategy—one that incorporates artificial intelligence (AI) and machine learning—or they're going to be left behind..."
    Read more
    Meet the female MIT MBAs starting a venture capital fund
    Published: May 29, 2018
    Outlet: Forbes
    MIT Sloan MBA students Preeti Sampat and Jaida Yang have come up with a novel way to enhance the current offerings of the venture capital ecosystem. Sampat and Yang are working together as founders of Infinite Road, their venture capital firm that seeks to bridge the geographical and diversity gaps in the current early-stage investing ecosystem.
    Read more
    Inteligencia artificial y banca móvil: cómo se ubica la Argentina dentro de la revolución fintech
    Published: May 29, 2018
    Outlet: Infobae (Argentina) (Video)
    Algoritmos, inteligencia artificial y blockchain. Ésos fueron algunos de los temas que se trataron en el marco del evento "Transformado la revolución del fintech" que se llevó adelante hoy en Buenos Aires. El encuentro fue organizado por IDEA y la Escuela de Negocios del MIT Sloan (MSLAO), a través de su oficina para Latinoamérica.
    Read more
    How companies can create a cybersafe culture at work
    Published: May 29, 2018
    Outlet: The Wall Street Journal (Opinion Piece)
    MIT Sloan Prof. Stuart Madnick writes: "As technical defenses against cyberattacks have improved, attackers have adapted by zeroing in on the weakest link: people. And too many companies are making it easy for the attackers to succeed. An analogy that I often use is this: You can get a stronger lock for your door, but if you are still leaving the key under your mat, are you really any more secure?"
    Read more
    Roberto Rigobon: "En Estados Unidos se dará una suba de tasas más alta y rápida que la esperada"
    Published: May 27, 2018
    Outlet: La Nación (Argentina)
    Roberto Rigobon es un economista de origen venezolano, profesor del Massachusetts Institute of Technology (MIT). En 2010 fundó, junto con Alberto Cavallo (hijo del exministro de Economía), la empresa PriceStats, que mide la evolución de los precios de forma online.
    Read more
    An apple shows just how broken our food system is
    Published: May 27, 2018
    Outlet: The Huffington Post (Opinion Piece)
    Otto Scharmer writes: "Buying and eating apples seems a pretty healthy thing to do. But a new study has found that every 1 kilo (2.2 pounds) of conventionally grown apples creates health effects costing 21 cents due to the effects of pesticides and fungicides, resulting in sick leave and eventually shorter life expectancies..."
    Read more
    Human-machine work teams: The promise and today's reality
    Published: May 25, 2018
    Outlet: The Wall Street Journal (Opinion Piece)
    MIT Sloan Visiting Lecturer Irving Wladawsky-Berger writes: "Will there be enough work in the future? What's the likely impact of our continuing technology advances on jobs? How will they impact productivity? These are all-important questions to reflect on as our increasingly smart technologies are now being applied to activities that not long ago were viewed as the exclusive domain of humans..."
    Read more
    Alzheimer's disease is about to become a crisis. Here's how California could lead
    Published: May 23, 2018
    Outlet: The Sacramento Bee (Opinion Piece)
    Andrew Lo and his co-author write: "California's intellectual, financial, and political resources could power a scientific juggernaut, leading to a treatment or cure for one of the biggest scourges of the 21st century. By front-loading the costs of the research through a CASCADE megafund that compresses the drug discovery process into an efficient machine, the financial reward for the state should also be historic."
    Read more
    What does it take to win a business plan competition?
    Published: May 22, 2018
    Outlet: Financial Times
    Bill Aulet, managing director of the Martin Trust Center for MIT Entrepreneurship, believes that it is still worth competing. He says that competitions have become more prestigious, as some well-known brands have emerged from them.
    Read more
    What do influencers do, exactly?
    Published: May 22, 2018
    Outlet: Gizmodo
    A recent study published in Nature Human Behavior looks into the power of microtargeting influential people to continue to spread behavior in a network once the message has been circulated. Sinan Aral and Paramveer Dhillon of the MIT Sloan School of Management lead the study. "If you can change behaviors through microtargeting, what role do influencers play in spreading those behaviors beyond the reach of the targeting campaign itself?" asks Aral.
    Read more
    How human-computer 'superminds' are redefining the future of work
    Published: May 21, 2018
    Outlet: MIT Sloan Management Review (Opinion Piece)
    MIT Sloan Prof. Thomas Malone is the author of SUPERMINDS: THE SURPRISING POWER OF PEOPLE AND COMPUTERS THINKING TOGETHER (Little Brown, 2018), from which this article is adapted. He writes: "The ongoing, and sometimes loud, debate about how many and what kinds of jobs smart machines will leave for humans to do in the future is missing a salient point..."
    Read more
    The power of personal endorsements
    Published: May 21, 2018
    Outlet: Inside Higher Ed
    A new study published in the journal Administrative Science Quarterly suggests that informal endorsements–when someone reaches out and offers praise for a candidate–may have more clout than personal letters of recommendation. The study, by MIT's Emilio J. Castilla and Cornell's Ben A. Rissing, examined 21,324 applicants to a full-time MBA program. Of these applicants, 4.8 percent were "endorsed," the term used by the study's authors to describe this kind of recommendation.
    Read more
    The ambassador's misuse of the Torah
    Published: May 21, 2018
    Outlet: The Jerusalem Post (Opinion Piece)
    MIT Sloan Deputy Dean Ezra Zuckerman Sivan writes: "...those who wish the Torah to guide their nationalist projects must stop straining to hear the Torah's purported proclamation of support for their maximalist claims; they must instead open their ears to the Torah's subtle, wise message that points to a more moral, compassionate form of nationalism."
    Read more
    Seven must-read books for digital business leaders
    Published: May 21, 2018
    Outlet: The Enterprisers Project
    This week's MIT Sloan CIO Symposium brings together MIT academics and CIOs to discuss how IT leaders can overcome some of the common hurdles to digital transformation and take their efforts to the next level. The Enterprisers Project is attending, and in the meantime, picked seven books from MIT Press and MIT CIO Symposium speakers that they think IT leaders will value.
    Read more
    Fitness pioneer Gold's Gym is re-energizing itself
    Published: May 21, 2018
    Outlet: D Magazine
    When Gold's Gym CEO Brandon Bean began searching for a new executive team to help him run the iconic, Dallas-based fitness brand two years ago, he handed each interviewee a blank sheet of paper. After more than half a century in business, Bean realized, the venerable brand had grown a bit stale... Bean holds an MBA in financial management from MIT Sloan.
    Read more
    Dematerialization: Humanity's biggest surprise
    Published: May 21, 2018
    Outlet: TEDx Cambridge (Video)
    Principal research scientist Andrew McAfee gave a Tedx talk in which he discussed America's "mania for growth" and resource use between 1935-1970 and 1970-2017. However, he points out evidence that we are now dematerializing, using fewer resources. "We have finally figured out how to give ourselves more and more while taking less and less from the planet," he says.
    Read more
    Digital strategies are so 2016: Time for an artificial intelligence strategy
    Published: May 19, 2018
    Outlet: Forbes
    As Thomas Davenport and Vikram Mahidhar, recently observed in MIT Sloan Management Review, "few companies are yet getting value from their investments. Many of the projects companies undertake aren't targeted at important business problems or opportunities. Most organizations don't have a strategy for cognitive technologies."
    Read more
    Trudeau touts Canada's AI credentials at MIT tech gathering
    Published: May 18, 2018
    Outlet: The Associated Press (Video)
    "AI is the most important technology for the next decade or two," said Erik Brynjolfsson, who directs the MIT's Initiative on the Digital Economy, and attended the Trump White House's first AI summit last week. "It's going to completely transform the economy and our society in lots of ways. It's a huge mistake for countries' leaders not to take it seriously."
    Read more
    OZÉ aims to help small biz thrive in West Africa
    Published: May 18, 2018
    Outlet: BostInno
    Meghan McCormick's road to starting OZÉ–an app-based service to help small businesses in West Africa–was bumpy. “A week before our second accelerator class was supposed to start, the Peace Corps evacuated Guinea because of Ebola,” said McCormick, now a dual degree candidate in business at MIT Sloan and public administration at Harvard Kennedy School of Government.
    Read more
    Improving the odds of success for corporate transformations
    Published: May 18, 2018
    Outlet: The Wall Street Journal (Opinion Piece)
    MIT Sloan Visiting Lecturer Irving Wladawsky-Berger writes: "My current views on strategy and innovation owe much to the powerful transformational forces that I saw buffeting the IT industry over much of my long career. It's frankly sobering how many once powerful IT companies are no longer around or are shadows of their former selves..."
    Read more
    Cover story: The Malaysian maker revolution
    Published: May 18, 2018
    Outlet: The Edge Markets
    “Schools today are primarily teaching systems, not learning systems. The teacher stands up and delivers whatever he has to say,” says Rajesh Nair, professor of practice and director of the Innovation and Entrepreneurship Centre at the Asia School of Business (in collaboration with MIT Sloan School of Management).
    Read more
    What can a restaurant teach us about innovation?
    Published: May 17, 2018
    Outlet: Modern Restaurant Management (Opinion Piece)
    Pilar Opazo, a Post-Doctoral Associate and Lecturer in the Work and Organization Studies group at MIT Sloan and author of APPETITE FOR INNOVATION, writes: "By constantly deconstructing the system that supported creativity, [Chef Ferran] Adrià was able to shift the rules of the game and, ultimately, to maintain a strategic position in the restaurant industry. Other firms should take note. After all, innovation today is not just an advantage for organizations but a requirement."
    Read more
    How global are Germany's largest corporations?
    Published: May 16, 2018
    Outlet: The European Business Review (Opinion Piece)
    Whereas facts suggest that German companies are among the best equipped and most active to pursue global growth, they offer limited insight to determine the real extent to which these companies are truly global. This article aims to offer a data-driven, rigorous, and comprehensive assessment of their actual degree of internationalisation and compare it with the one of other large enterprises based in the rest of the world. Co-author Omar Toulan holds a PhD from MIT Sloan.
    Read more
    How lab heads can learn to lead
    Published: May 16, 2018
    Outlet: Nature
    Nature asked leadership experts what lessons other industries can offer to help scientists become more-effective PIs. MIT Sloan's Peter Hirst says: "Our programmes at Sloan on management and leadership attract people from fields such as financial services, government, engineering and the life sciences. In my view, it would help scientists to think about the parallels between science and the corporate world: understanding what the product is, who the customers are and whether you're creating value for them..."
    Read more
    Infinite Cooling, a startup with new technology enabling water-sustainable thermoelectric power, wins 2018 MIT $100K Entrepreneurship Competition
    Published: May 15, 2018
    Outlet: Tech Startups
    One of the many startup programs to encourage entrepreneurship is the MIT $100K Entrepreneurship Competition. The MIT $100K is one of the largest and most famous business plan competitions in the world. The competition is managed entirely managed by students.
    Read more
    2017 Ideas Worth Teaching Awards
    Published: May 15, 2018
    Outlet: The Aspen Institute
    The Ideas Worth Teaching Awards celebrate exceptional courses that are preparing future business leaders to tackle society's largest challenges and create a more inclusive, just, and sustainable version of capitalism. The Aspen Institute's Business & Society Program honored 20 remarkable courses from around the world that are redefining excellence in business education–and ultimately business practice, including Zeynep Ton's "Management of Services: Concepts, Design, and Delivery."
    Read more
    Ten of the best US business schools for getting a job at McKinsey
    Published: May 15, 2018
    Outlet: BusinessBecause
    MIT Sloan and McKinsey have long had a close connection. McKinsey hired 26 students from the class of 2017, which makes it the second-highest employer of Sloan grads. Sloan students are a hot commodity because they train in various fields and can tailor their education to the meet their employer's needs. Unlike other two-year programs where students are required to take a full year of requirements, Sloan requires only one semester. This provides students with the ability to better prepare for bright futures in management consulting.
    Read more
    A top econ prize for a theory that works
    Published: May 15, 2018
    Outlet: Bloomberg
    MIT Prof. Parag Pathak last month was awarded the John Bates Clark medal, which is awarded to an economist under age 40 and is considered the second most prestigious award in the field after the Nobel. Although the Clark medal isn't given for any specific achievement, the prize cited Pathak's work on improving “the assignment of students to public schools.” And he did it with economic theory.
    Read more
    How investors use Twitter to beef up returns
    Published: May 14, 2018
    Outlet: U.S. News & World Report
    Twitter "allows ideas to spread as quickly as a virus spreads in the human population," says MIT Sloan Prof. Andrew Lo. Lo and MIT Laboratory of Financial Engineering PhD candidate Pablo Azar measured Twitter sentiment based on the emotional context of tweets about the Federal Open Market Committee (the Federal Reserve body that determines short-term interest rates) and used the results to predict market shifts.
    Read more
    Las puertas que abre la tecnología del blockchain
    Published: May 13, 2018
    Outlet: La Nación (Argentina) (Opinion Piece)
    Christian Catalini y Cathy Barrera de MIT escriben: "Si se otorgaran premios a la terminología comercial más de moda, sin duda la cadena de bloques o blockchain sería candidata. Después de todo, es una de las tecnologías más promocionadas en Silicon Valley y más allá..."
    Read more
    Students push for labor in MBA programs
    Published: May 11, 2018
    Outlet: The Boston Globe
    Megan Larcom and Jenny Weissbourd, who graduate this month from MIT's Sloan School of Management; and Jeremy Avins, who will graduate from Stanford Graduate School of Business—say that business schools have contributed to wage stagnation by treating workers as a mere cost of doing business.
    Read more
    Meet a local startup that looks like "the Airbnb for wedding venues" (but it's not, says CEO)
    Published: May 10, 2018
    Outlet: BostInno
    Mayflower Venues, based in Charlestown, is a 3-employee company started in June 2017, when CEO Sam McElhinney was still at MIT Sloan. That summer, the company went through the “delta v” acceleration program. It raised $25,000 from Rough Draft Ventures and an additional $150,000 in a convertible note round.
    Read more
    We don't know what climate change will cost––that doesn't mean we can ignore it
    Published: May 9, 2018
    Outlet: The Hill (Opinion Piece)
    MIT Sloan Prof. Robert Pindyck writes: "The “social cost of carbon” (SCC) is the dollar value of the future climate damages from emitting an additional ton of carbon dioxide. During the Georgia W. Bush and Barack Obama administrations, the SCC was used in regulatory cost-benefit analysis. The SCC is also the starting point for thinking about the appropriate magnitude of a carbon tax to reduce carbon dioxide emissions..."
    Read more
    The twenty most interesting business school classes in the world, with links to their syllabi
    Published: May 8, 2018
    Outlet: Quartz at Work
    MIT Sloan Prof. Zeynep Ton's "Management of Services: Concepts, Design, and Delivery" course was honored by the Aspen Institute's "Ideas Worth Teaching Awards." Ton's course "takes an operations point of view to look at companies and industries in the service sector. It builds on conceptual frameworks and draws upon examples from a wide range of service operations: health care, hospitality, transportation, retailing, food service, financial services, among others" (syllabus).
    Read more
    What to do when an employee reports sexual harassment
    Published: May 8, 2018
    Outlet: Quartz (Opinion Piece)
    MIT Sloan Senior Lecturer Daena Giardella writes: "Business leaders have an extraordinary opportunity to create lasting change that builds on the momentum of the #MeToo movement. Leaders can positively affect the narrative though the roles they play and the strategic choices they make to create an inclusive culture of respect, trust, and open dialogue in their organizations."
    Read more
    Most successful entrepreneurs are older than you think
    Published: May 7, 2018
    Outlet: The Conversation (Opinion Piece)
    "The romanticized image of entrepreneurs is a picture of youth: a 20-something individual with disruptive ideas, boundless energy and a still-sharp mind. Silicon Valley has bet on this image for years. But is this right? Far from it, according to our recent research with Javier Miranda of the U.S. Census Bureau and Pierre Azoulay of MIT..."
    Read more
    2018 Best MBAs: Jason Liu, MIT Sloan
    Published: May 6, 2018
    Outlet: Poets & Quants
    Jason Liu, MIT Sloan MBA '18, is a “husband, Canadian, consultant, life-long learner, obsessive hobbyist.” He says: "My peers are bright, humble, and have deep and diverse interests. They are authentic and do not back down from holding me accountable to my values. Coupled with an open-minded administration, I feel that MIT Sloan trains leaders that will not be constrained by our current paradigm of management."
    Read more
    2018 Best MBAs: Isabelle Cox, MIT Sloan
    Published: May 6, 2018
    Outlet: Poets & Quants
    Isabelle Cox, MIT Sloan MBA '18, is a "curious Kiwi continually seeking adventures, new landscapes, and meaningful connections.” She says: "As soon as you set foot on campus, it is clear that faculty and students alike genuinely believe in Sloan's mission statement of developing 'principled, innovative leaders who improve the world and to generate ideas that advance management practice,' and being in this environment, even for a short period, is incredibly inspiring."
    Read more
    2018 Best MBAs: Faye Cheng, MIT Sloan
    Published: May 6, 2018
    Outlet: Poets & Quants
    Faye Cheng, MIT Sloan MBA '18, is an “intellectually curious, driven, operations-minded feminist from the Midwest–who knows every ‘90s pop song.” Cheng chose MIT Sloan for its flexible curriculum, collaborative environment, commitment to diversity and inclusion, opportunities for exploration, action learning opportunities, and integration with MIT.
    Read more
    How can Trump lie so much and be 'authentic' at the same time? Here's one explanation
    Published: May 5, 2018
    Outlet: CNN
    The theory presented by MIT Sloan Prof. and Deputy Dean Ezra Zuckerman Sivan, MIT Sloan PhD candidate Minjae Kim and Carnegie Mellon's Oliver Hahl, is distinct mostly because it rejects–or at least downgrades–some of the most popular, prevailing wisdom on Trump.
    Read more
    How business schools are teaching students about workplace harassment
    Published: May 4, 2018
    Outlet: The Boston Globe
    Last month MIT Sloan held a series of workshops designed to help the next generation of business executives address sexual harassment in the workplace. Next spring, MIT Sloan will offer a course dedicated to advancing equity and inclusion in the workplace that delves into responses to sexual harassment and conditions that allow it to fester. “People are waking up in business schools and realizing we've had a blind spot,” said MIT Sloan Senior Lecturer and leadership consultant Daena Giardella, who ran the MIT workshops.
    Read more
    A healthy re-examination of free trade's benefits and shocks
    Published: May 4, 2018
    Outlet: The Economist
    Is free trade always a good thing? Do the losers from free trade need to be compensated? To explore the basics of free trade, The Economist spoke to John Van Reenen, an economist at MIT. The conversation has been lightly edited for clarity.
    Read more
    Meet the team: Dawna Levenson, MIT Sloan's Admissions Director
    Published: May 3, 2018
    Outlet: BusinessBecause
    The MIT Sloan School of Management MBA program is among the most competitive of all the elite US MBA programs—the acceptance rate is roughly around 15%. BusinessBecause caught up with Dawna Levenson, director of admissions at MIT Sloan, who offers her insight into how you can tick all the boxes required of a Sloan MBA, and how to stand out from the crowd.
    Read more
    Pruitt is wrong on burning forests for energy
    Published: May 3, 2018
    Outlet: The New York Times
    MIT Sloan Prof. John Sterman and his co-authors write: "Burning wood for fuel discharges more carbon dioxide emissions than burning coal and is more expensive than utility-scale wind or solar energy...Mr. Pruitt's decision to consider forest bioenergy as carbon neutral is neither scientifically justified nor economically efficient."
    Read more
    A California ruling threatens the gig economy
    Published: May 2, 2018
    Outlet: Wired
    The big question is whether gig economy companies can stay afloat if they hire all their workers as full-fledged employees. Payroll taxes and other expenses associated with converting contractors to employees could increase an employer's costs by about 25 to 40 percent per worker says Andrei Hagiu, a visiting associate professor at MIT Sloan.
    Read more
    Think you're too old to found a startup? Think again
    Published: May 2, 2018
    Outlet: The Wall Street Journal
    MIT Sloan Prof. Pierre Azoulay and PhD student J. Daniel Kim found that less than 1% of high-performance startups are founded by 20-year-olds. In fact, the average age of the 2.7 million people who founded businesses between 2007 and 2014 and went on to hire at least one employee is 42 years old.
    Read more
    Need to talk to an employee about a sensitive ethical issue? Here's how
    Published: April 30, 2018
    Outlet: CFA Institute Magazine
    “By avoiding conversations, we are keeping ourselves safe,” says Jason Jay, a senior lecturer at MIT Sloan School and co-author of the book BREAKING THROUGH GRIDLOCK: THE POWER OF CONVERSATION IN A POLARIZED WORLD. Changing your mindset about the conversation can help. “Visualize a good outcome to a discussion, and ask what would that look like,” says Jay.
    Read more
    Disrupting the autocrats
    Published: April 30, 2018
    Outlet: Project Syndicate (Opinion Piece)
    MIT Sloan Prof. Simon Johnson writes: "The dawn of the Internet, it was widely believed, would herald a new era of democracy. Information would become free, in all senses, and this would pose an existential threat to regimes based on the control of knowledge, including those that had previously tried to close themselves off from the outside world."
    Read more
    Middle-aged founders most successful? A new paper says yes
    Published: April 29, 2018
    Outlet: Forbes
    "Prior experience in the specific industry predicts much greater rates of entrepreneurial success," according to the paper by Pierre Azoulay and J. Daniel Kim of MIT, Benjamin Jones of Northwestern and Javier Miranda of the Census Bureau's Center for Administrative Records Research.
    Read more
    Treat social media like email and search engines
    Published: April 27, 2018
    Outlet: Financial Times
    A new research paper from three economists-Erik Brynjolfsson, Felix Eggers and Avinash Gannamaneni-attempts to measure exactly what services such as Facebook are worth to us...In another research paper, economists Susan Athey, Christian Catalini, and Catherine Tucker asked what value MIT students place on their own private data and the data of friends: students would gladly hand over private data in exchange for a pizza.
    Read more
    Machine learning at scale remains elusive for many firms
    Published: April 27, 2018
    Outlet: The Wall Street Journal
    For all the talk of machine learning and AI's potential in the enterprise, many firms aren't yet equipped to take advantage of it fully, panelists said Friday, April 27, 2018, at the MIT Digital Economy Conference.
    Read more
    Why MBAs haven't got a clue about front-line workers
    Published: April 26, 2018
    Outlet: The Boston Globe (Opinion Piece)
    MIT Sloan MBA students Megan Larcom and Jenny Weissbourd, and Stanford MBA student Jeremy Avins, write: "Business school leaders, instructors, and students must bring workers' perspectives into the MBA curriculum. In recent months, professors Thomas Kochan at MIT and Lenny Mendonca at Stanford University have done just that by providing venues for MBA students to collaborate with workers and labor organizers like restaurant worker Alia..."
    Read more
    Canada's other contentious energy export sees strong growth potential
    Published: April 26, 2018
    Outlet: CTV News (Canada)
    MIT Sloan Prof. John Sterman published a paper earlier this year that argued burning pellets would release more carbon dioxide than coal in the short term because it was a less efficient source of energy. The lag for when the carbon would potentially be reabsorbed to eventually make it carbon neutral is too long when emissions reduction is needed now, said Sterman in an interview.
    Read more
    The most successful entrepreneurs are actually middle-aged, not young
    Published: April 25, 2018
    Outlet: VICE Money
    MIT Sloan Prof. Pierre Azoulay and his co-author, MIT Sloan PhD candidate J. Daniel Kim, found that entrepreneurs were 125 percent more successful if they were previously employed in a particular sector in which they are starting a business.
    Read more
    The rewards of inclusive innovation
    Published: April 25, 2018
    Outlet: Forbes (Opinion Piece)
    MIT Sloan alum Devin Cook writes: "In total, MIT has awarded more than $2 million to organizations that embrace inclusive innovation, and aim 'not only for prosperity but shared prosperity,' according to MIT Sloan Prof. Erik Brynjolfsson, Director of the MIT Initiative on the Digital Economy."
    Read more
    QS EMBA rankings 2018
    Published: April 25, 2018
    Outlet: TopMBA Career Guide
    QS EMBA Rankings 2018, ranking the best executive MBA programs around the world, placed MIT Sloan School of Management at #2. The EMBA program at MIT Sloan is a rigorous, 20-month, executive-schedule MBA for high-potential executives committed to integrating their education with their full-time work.
    Read more
    Defending hospitals against life-threatening cyberattacks
    Published: April 25, 2018
    Outlet: The Conversation (Opinion Piece)
    MIT Sloan Research Associate Mohammad S. Jalali writes: "I'm a systems scientist at MIT Sloan School of Management, interested in understanding complex socio-technical systems such as cybersecurity in health care. A former student, Jessica Kaiser, and I interviewed hospital officials in charge of cybersecurity and industry experts, to identify how hospitals manage cybersecurity issues..."
    Read more
    What automation might mean for the shrinking middle class
    Published: April 24, 2018
    Outlet: NPR and WBUR's Here & Now
    Here & Now's Eric Westervelt spoke with Andrew McAfee, co-director of the MIT Initiative on the Digital Economy and co-author of MACHINE, PLATFORM, CROWD: HARNESSING OUR DIGITAL FUTURE. McAfee says the US isn't very well prepared for the kind of economic shift automation presents, nor is it adapting fast enough.
    Read more
    Sorry, millennials. The average age of a successful entrepreneur is a lot older than you think
    Published: April 24, 2018
    Outlet: The Washington Post
    MIT Prof. Pierre Azoulay and doctoral student J. Daniel Kim, along with Northwestern Prof. Benjamin Jones, say their research shows that the average entrepreneur who has started a business and then hired at least one employee is not 22 years old and probably has never heard of Fortnite. That person is 42. The researchers determined this by combing through data on 2.7 million people who founded businesses between 2007 and 2014.
    Read more
    Health benefits four times more than cost of China's climate policy: MIT study
    Published: April 24, 2018
    Outlet: Xinhua Net
    "In China, as you go to tighter and tighter climate policies, you continue to reduce pollutant emissions from coal, whereas the U.S. has already reduced a lot of its air pollution from coal through end-of-pipe technologies," MIT Sloan's Valerie Karplus said.
    Read more
    When it comes to successful entrepreneurs, 40 is the new 20
    Published: April 23, 2018
    Outlet: Fast Company
    MIT Sloan Prof. Pierre Azoulay, summed the finding up like this: “If you knew nothing else, and you had two identical ideas, one proposed by a very young person, one proposed by a middle-aged person, and that's the only thing you have to go on, you would be better off–if you wanted to predict success–betting on a middle-aged person.”
    Read more
    List of 20 outstanding women announced, to be honored at the 16th Annual Woman of the Year Awards Gala
    Published: April 23, 2018
    Outlet: INDIA New England News
    INDIA New England News, one of the largest print, online and video magazines serving the Indian-American community in the United States, has released the list of the 20 Outstanding Women of 2018–including Urmi Samadar, director of Action Learning at MIT Sloan–who will be honored at the 16th Annual Woman of the Year Awards gala on June 1, 2018, at Burlington Marriott Hotel in Burlington, MA.
    Read more
    A former top Wall Street regulator turns to the blockchain
    Published: April 22, 2018
    Outlet: The New York Times
    Gary Gensler has a dual appointment as a special adviser to the Media Lab and a senior lecturer at MIT Sloan, where he will teach a class on the blockchain in the fall. Joi Ito, the director of the MIT Media Lab and a member of the board of directors of The New York Times, said the combination of Gensler's record of independence and his knowledge of finance and policy was what made him so attractive to MIT.
    Read more