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  • Media Highlights

  • We should embrace robots, not fear them
    Published: May 5, 2016
    Outlet: Financial Times (Opinion Piece)
    Andrew McAfee is a principal research scientist at MIT and co-author of ‘The Second Machine Age.' He writes, "The fact that the Financial Times special series on robots has been framed around the question “Robots: Friend or foe?” is fascinating to me."
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    Why winner-takes-all thinking doesn't apply to Silicon Valley
    Published: May 4, 2016
    Outlet: Harvard Business Review (Opinion Piece)
    Richard Schmalensee is the Howard W. Johnson Professor of Management and Economics, Emeritus, at the Massachusetts Institute of Technology. He and David S. Evans write, "Yahoo's core business is worth next to nothing, and buyers are struggling to see if there's any there there. Twitter's market cap just plummeted after a bad earnings report..."
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    How Donald Trump could suppress his critics using political prosecutions
    Published: May 4, 2016
    Outlet: The Telegraph (Opinion Piece)
    Simon Johnson is a professor at MIT's Sloan School of Management and former chief economist of the IMF. He writes, "Republican presidential candidate Donald Trump remarked recently that he would like to change the law to make it easier to bring cases against his critics..."
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    You can prevent a 'Panama Papers' scandal at your law firm
    Published: May 3, 2016
    Outlet: The Huffington Post (Opinion Piece)
    Lou Shipley is a lecturer at the Martin Trust Center for MIT Entrepreneurship at MIT Sloan. He writes, "The data breach at the law firm of Mossack Fonseca in Panama sent shock waves around the world recently with the prime minister of Iceland stepping aside, Swiss authorities raiding the headquarters of the Union of European Football Associations, and relatives of the president of China linked to offshore companies."
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    Shopping online probably won't save you money
    Published: May 3, 2016
    Outlet: MarketWatch (Opinion Piece)
    Alberto Cavallo is a professor at MIT Sloan. He writes, 'If you're a bargain hunter, it's common to spend time researching prices before making purchases. After all, you wouldn't want to buy a washing machine at your local Lowes store only to find a lower price offered on Lowes.com. However, I found in a recent study that retailers' offline and online prices are the same more than 70% of the time.
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    Here are the final eight startups competing in the MIT $100K
    Published: May 2, 2016
    Outlet: BostInno
    On May 11, MIT will host the finale to its annual $100K competition, where student ventures will throw down their business plans and battle it out for the chance to win, you guessed it, $100,000.
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    Mastering difficult situations through negotiation -- in life and at work
    Published: May 2, 2016
    Outlet: Forbes (Opinion Piece) (Video)
    Hal Gregerson is the Executive Director of the MIT Leadership Center and a Senior Lecturer at MIT Sloan. He writes, "Life is a series of negotiations. Whether we realize it or not, we negotiate all day, every day..."
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    Out of this world: Spacesuits inspired this Indian American's clothing brand
    Published: April 30, 2016
    Outlet: The Indian Express
    MIT Sloan alum Aman Advani co-founded Ministry of Supply, a clothing brand which seeks to reinvent business wear to include the benefits of athletic gear, said Span Magazine in a feature.
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    The hippest place in town might be your office
    Published: April 29, 2016
    Outlet: WGBH (Audio)
    WeWork is just one of many coworking companies that have popped up in the last decade. But it's the only one valued at $16 billion. We asked Bill Aulet, managing director of the Martin Trust Center for MIT Entrepreneurship, what he thought about that number. “There's such a demand for anything related to entrepreneurship… education and real estate space… that the demand is outstripping the supply.”
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    Why some work groups thrive while others falter
    Published: April 29, 2016
    Outlet: The Wall Street Journal - CIO Journal (Opinion Piece)
    Irving Wladawsky-Berger writes, "The article devotes several paragraphs to the pioneering researcher on group performance by MIT professor Tom Malone, Carnegie Mellon University professor Anita Woolley, and their various collaborators over the past eight years."
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    Friends that change jobs together make more money
    Published: April 29, 2016
    Outlet: MarketWatch
    Stripe, a payment-processing startup, said this week that it would open hiring to existing teams of two to five people. From Stripe's perspective, bringing in an existing team means the company will gain collaborative employees, but it is also a boon for employees who can expect to be paid more, according to Matt Marx, an associate professor at MIT Sloan.
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    The changing landscape of Muslims in tech
    Published: April 28, 2016
    Outlet: The Huffington Post (Opinion Piece)
    Anum Hussain is an incoming MBA candidate at MIT Sloan. She writes, "Roughly two years ago, a female CEO in Silicon Valley made headlines for making less money than her male predecessor. This story became a media launch point for discussing the struggle with diversity in tech."
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    Which way to the front?
    Published: April 28, 2016
    Outlet: The Huffington Post (Opinion Piece) (Video)
    Leigh Hafrey is a senior lecturer at MIT Sloan. He writes, "Here's a challenge for people who think about organizations in 21st-century America: How do we demilitarize our notions of leadership?"
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    $1 million to create a more inclusive, productive, and sustainable future for all
    Published: April 28, 2016
    Outlet: Forbes (Opinion Piece)
    Devin Cook holds an MBA from MIT Sloan, where she received the Ronald I. Heller Award from the Martin Trust Center for MIT Entrepreneurship. She writes, "Two years ago, in their groundbreaking book The Second Machine Age, Professor Erik Brynjolfsson, Director, and Andrew McAfee, Co-director, of the MIT Initiative on the Digital Economy, described digital technology's transformative effect on business, the economy, and society."
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    MIT grad helps companies make awesome art to improve office culture
    Published: April 27, 2016
    Outlet: The Boston Globe
    Life is Good is the first private company limeSHIFT has made art installations with, but Elizabeth Thys, a graduate of MIT Sloan School of Management, said she's eager to bring art to more workplaces.
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    MIT plans to be at the forefront of virtual reality -- here's how
    Published: April 26, 2016
    Outlet: Boston Business Journal
    Natalie Pitcher, a graduate student at MIT's Sloan School of Management, has now embarked on an initiative to make MIT a leader in the burgeoning field of virtual reality.
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    Five tips to make flextime work at your company
    Published: April 26, 2016
    Outlet: Inc.
    I spoke with Peter Hirst, Associate Dean of Executive Education at MIT's Sloan School of Management, whose department focused on creating a strong flextime program 18 months ago. Here are some of the lessons the organization learned.
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    Could blockchain prove to be 'the next big thing'?
    Published: April 22, 2016
    Outlet: The Wall Street Journal - CIO Journal (Opinion Piece)
    Irving Wladawsky-Berger, a visiting lecturer at MIT, writes, "Over the past several decades, information technologies have been fundamentally transforming companies, industries and the economy in general. In its early years companies deployed IT primarily to automate their existing processes, leaving the underlying structure of the business in place..."
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    Student podcast at MIT Sloan looks for meaning in MBA careers
    Published: April 22, 2016
    Outlet: TopMBA Career Guide
    Lily Chen and Erica Zendell have been talking through the MIT Sloan experience with fellow classmates in the hopes of finding out how people identify and pursue meaning in MBA careers.
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    Imagine that
    Published: April 22, 2016
    Outlet: The Improper Bostonian
    Waste not, want not: MIT Sloan grads Ricky Ashenfelter and Emily Malina are putting that proverb into practice with Spoiler Alert. Launched in November, the 2015 MassChallenge-winning startup is a B2B platform that connects businesses that generate surplus food with nonprofits and other organizations in need.
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    Paris climate agreement on track for early start
    Published: April 21, 2016
    Outlet: Associated Press
    "Even if the Paris pledges are implemented in full, they are not enough to get us even close to a 2-degree pathway," said John Sterman, of the Massachusetts Institute of Technology. "I don't think people understand how urgent it is."
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    Andrew Lo study says Twitter can help you trade Fed meetings
    Published: April 21, 2016
    Outlet: Bloomberg
    In the social media cacophony, some of the noise rises to the level of stock market signal. That's the finding of a working paper overseen by Massachusetts Institute of Technology's Andrew Lo, which says a trading strategy based on views posted on Twitter prior to Federal Reserve policy meetings regularly turned a profit.
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    MIT visionary Bill Aulet to speak at Entrepreneurial Scotland gathering
    Published: April 20, 2016
    Outlet: The Courier (UK)
    Respected American entrepreneur turned educator Bill Aulet will give insight into his business ethos at the Entrepreneurial Scotland conference at Gleneagles Hotel. Here he talks to The Courier about how to be a successful entrepreneur.
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    This week in tech history
    Published: April 18, 2016
    Outlet: Forbes (Video)
    Jay Forrester on Edward Murrow's “See It Now” television show, 1951, and Forrester's 1980 talk at The Computer Museum in Boston. He talks amusingly of the difficulty in making technological predictions, and of the role of the military and MIT's “colorful personalities” in pioneering innovation.
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    Ozlem Denizmen, Founding Chair, Financial Literacy and Inclusion Association
    Published: April 16, 2016
    Outlet: The European Business Review (Opinion Piece)
    Denizmen holds an MBA from MIT Sloan. She writes, "I have never shaped myself or my thoughts according to others values. During the time I was a top manager in corporate life, I declared a value most people did not even know in Turkey."
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    Form follows consciousness
    Published: April 16, 2016
    Outlet: The Huffington Post (Opinion Piece)
    Otto Scharmer is a Senior Lecturer at MIT. He writes, "I'm just returning from Costa Rica, where I co-facilitated the closing session of the Global Wellbeing Lab..."
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    The next frontier for ambitious entrepreneurs: space
    Published: April 15, 2016
    Outlet: Fast Company
    With their engineering background, they have the technical skills to develop a rocket, but in order to get a vehicle off the ground (literally), they will need a significant amount of capital investment. This is why they are at MIT's Sloan School of Management, acquiring the skills they need to launch a business.
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    Six African Americans appointed to administrative posts in higher education
    Published: April 15, 2016
    Outlet: The Journal of Blacks in Higher Education
    Shawna Young was named director of the Talent Identification Program at Duke University in Durham, North Carolina. She holds an MBA from MIT Sloan.
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    This single act would help many Americans reach retirement savings goals
    Published: April 15, 2016
    Outlet: MarketWatch (Opinion Piece)
    Robert Pozen is a senior lecturer at MIT Sloan. He writes, " When it comes to retirement investing, millions of Americans do not meet their own declared saving goals for retirement."
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    Why the good people of Illinois should care about a Puerto Rico bailout
    Published: April 14, 2016
    Outlet: Crain's Chicago Business (Opinion Piece)
    Ike Brannon is president of the Savings and Retirement Foundation and Michelle Hanlon is a professor of accounting and taxation at the MIT Sloan. They write, "It's become increasingly clear that Congress will need to provide some sort of assistance to the bereft government of Puerto Rico."
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    The oil industry's troubles aren't bad enough to trigger another global crisis
    Published: April 14, 2016
    Outlet: MarketWatch (Opinion Piece)
    John Reilly is a senior lecturer at MIT Sloan and co-director of the MIT Joint Program on the Science and Policy of Global Change, Center for Energy and Environmental Policy Research. He writes, "The crash in the price of oil — from $108 a barrel in June 2014 to below $27 earlier this year — has rattled the stock market, triggered layoffs across the energy sector, and plunged many oil producing countries into crisis."
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    Is the world ready for a guaranteed basic income?
    Published: April 13, 2016
    Outlet: Freakonomics Radio (Audio)
    Erik Brynjolfsson is an MIT professor who deals with the economics of technology. In a book he co-authored with Andrew McAfee, Brynjolfsson calls this technological disruption the “second machine age.” Yes, it will likely produce gains in living standards but it also might lead to a massive evaporation of jobs. This can be aggressively argued in either direction.
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    Amazon names new CEOs: What it means
    Published: April 13, 2016
    Outlet: InformationWeek
    Jeff Wilke has a bachelor's degree in chemical engineering from Princeton, and studied total quality and process improvement while pursuing his MBA at MIT.
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    MIT labor expert explains the Verizon strike
    Published: April 13, 2016
    Outlet: WGBH News (Audio)
    WGBH All Things Considered host Barbara Howard spoke with Professor Thomas Kochan, co-director of the Institute for Work and Employment Research at MIT Sloan, about why the workers are striking and what it is they're looking for.
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    2016 Best 40 Under 40 Professors: Valerie Karplus, Sloan School of Management
    Published: April 13, 2016
    Outlet: Poets & Quants
    Alongside her research, Valerie Karplus teaches Entrepreneurship Without Borders and New Models for Global Business, along with co-developing an all new course at MIT on Global Energy Markets and Policy. She also serves the university as a faculty affiliate of the MIT Joint Program on the Science and Policy of Global Change and the MIT Energy Initiative.
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    2016 Best 40 Under 40 Professors: Haoxiang Zhu, Sloan School of Management
    Published: April 13, 2016
    Outlet: Poets & Quants
    Haoxiang Zhu's extensive look at the structure of financial markets has earned him high praise from the financial community, including four “Best Paper” awards, one “Young Researcher” prize, and a Morgan Stanley prize for Excellence in Financial Markets. His research focuses on asset pricing and financial market structure.
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    Inside China's copycat Apple stores
    Published: April 13, 2016
    Outlet: CRN (Video)
    Consider the case made by MIT Sloan School of Management Chinese Economy professor Yasheng Huang, who showed photographs of an Apple store in Kunming, Yunnan province, China, at a recent MIT event. “The problem is Apple has never opened a store in Kunming in China. There are actually three fake Apple stores nearby, and there's even a fake Goldman Sachs in Shenzen,” Huang said.
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    RedWorks wants to build your first home on Mars
    Published: April 12, 2016
    Outlet: Fast Company
    "Mars is our next nearest destination," Jekan Thanga, a professor at Arizona State University who has worked on U.S. and Canadian space missions, explained at MIT's New Space Age Conference. "It's our most practical destination for long-term colonization."
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    Reimagine your business model for exponential change -- four steps
    Published: April 12, 2016
    Outlet: Forbes
    According to a recent article in the MIT Sloan Management Review by George Westerman and Didier Bonnet, co-authors of Leading Digital: Turning Technology Into Business Transformation, what makes these initiatives successful is that the companies in question have shed these 20th century assumptions about what's possible...
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    MIT Boston India conference a grand success
    Published: April 12, 2016
    Outlet: India Post
    A welcome address was given by S.P. Kothari, Professor of Accounting and Finance at the Sloan School of Management. There were three panel discussions with thought provoking speakers and very experienced moderators.The first panel focused on, ‘Transforming ideas into reality – Milestones and decisions in the early years' with enterprising and ingenious speakers who were led by a recognized host Christina Chase.
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    How to cope with new minimum-wage laws
    Published: April 12, 2016
    Outlet: Forbes
    The “good jobs strategy” doesn't come free, as MIT's Zeynep Ton shows in a recently published book by that title. High wage rates are what designers and engineers call a forcing function. They force retailers to manage their operations tightly.
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    Top three challenges for retail
    Published: April 11, 2016
    Outlet: Forbes
    “The one thing that really surprises and disappoints and shocks me is that a lot of C-level people see this as a problem to be solved,” said SXSW panelist Michael Schrage, a research fellow at the MIT Center for Digital Business and consultant specializing in innovation. “You have to accept this isn't just about building digital capabilities; it's about changing your culture.”
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    Eliminating corporate double taxation
    Published: April 11, 2016
    Outlet: Brookings (Opinion Piece)
    Robert C. Pozen, senior fellow at the Brookings Institution, writes, "Senator Hatch, chairman of the Senate Finance Committee, is focusing on an important aspect of the agenda for corporate tax reform—allowing U.S. corporations to receive a deduction for dividends paid to their shareholders. That deduction would eliminate double taxation of corporate profits distributed as dividends; instead, these profits would be taxed only to shareholders, not at both the shareholder and corporate levels."
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    Looking beyond: Celebrated MIT professor with Trinidad and Tobago roots leads study mission
    Published: April 10, 2016
    Outlet: Guardian (Trinidad & Tobago)
    Renée Richardson-Gosline treasures her Trinidad and Tobago roots. While she was not born here, she feels a close connection to her parents' homeland. So much so, that the assistant professor at MIT Sloan recently led 27 students on a study tour to Cuba and Trinidad and Tobago to examine behaviour in the two countries.
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    What young African women entrepreneurs have to say
    Published: April 9, 2016
    Outlet: The Guardian (Nigeria)
    Bilikiss Kola-Abiola, CEO at WeCyclers, says, “to improve innovation in Africa, we need to invest more in education. You cannot innovate when you do not have a good education.” Bilikiss holds an MBA from MIT, a Master degree from Vanderbilt University, and an undergraduate degree in computer science from Fisk University.
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    New research suggests text messages improve election day turnout in the developing world, with conditions
    Published: April 8, 2016
    Outlet: The Huffington Post (Opinion Piece)
    Tavneet Suri is an Associate Professor at MIT Sloan and a development economist with a regional focus on sub-Saharan Africa. She writes, "It's well known that mobile phones are changing every day life in the developing world — particularly in sub-Saharan Africa. The spread of cell phones coupled with the ease and efficiency of text messaging helps people save, spend, and invest their money more wisely."
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    How startups can run better landing page tests
    Published: April 7, 2016
    Outlet: Xconomy Seattle (Opinion Piece)
    Elaine Chen is a Senior Lecturer at the Martin Trust Center for MIT Entrepreneurship. She writes, "How can teams validate hypotheses without over-investing on speculative engineering projects, and potentially losing time and money building the wrong thing?"
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    How an MIT dean gave his staff more flexible jobs
    Published: April 7, 2016
    Outlet: The Boston Globe
    While working as associate dean of the Executive Education program at the Massachusetts Institute of Technology's Sloan School of Management, Peter Hirst noticed he was fielding more and more questions from current and prospective employees about flexible working arrangements.
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    Fintech University: Leading universities increasingly offer fintech specialization
    Published: April 7, 2016
    Outlet: Tradestreaming
    “We thought it was imperative to have a class covering this new trend,” Antoinette Schoar, the Michael M. Koerner Professor of Entrepreneurial Finance, who teaches the course along with Bill Aulet, managing director of the Martin Trust Center for MIT Entrepreneurship, said in statement.
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    That online bargain probably isn't one
    Published: April 6, 2016
    Outlet: Bloomberg View
    Alberto Cavallo of the Massachusetts Institute of Technology displayed resourcefulness and ingenuity by producing a wide-scale international comparison of online and offline prices. He wanted to determine if prices collected online could be used to calculate inflation indices.
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    Will the Tesla Model 3 recharge the U.S. electric vehicle market?
    Published: April 6, 2016
    Outlet: The Conversation (Opinion Piece)
    David Keith, Assistant Professor of System Dynamics at MIT, writes, "Few product launches in recent memory have captured as much attention as last week's unveiling of the Tesla Model 3 electric vehicle (EV), Tesla's first vehicle pitched at the mass market."
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    What the best startups have in common
    Published: April 6, 2016
    Outlet: Bloomberg View
    Jorge Guzman and Scott Stern of MIT Sloan are out not to derive sure-fire money-making tips but to assemble a better metric of startup activity. Guzman and Stern's measure of "entrepreneurial quality" is intended to differentiate startups with big growth potential from run-of-the-mill small businesses, and allow them to be counted separately.
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    This app would tell you the brutal truth about your groceries
    Published: April 5, 2016
    Outlet: Boston Magazine
    Wouldn't it be great to have a dietitian who would accompany you to the grocery store whenever you wanted, for free? That scenario's just wishful thinking, but two MIT Sloan School of Management students are on their way to creating a worthy alternative.
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    The newest tax haven for the wealthy could be right here in the U.S.
    Published: April 5, 2016
    Outlet: Marketplace (Audio)
    “Wherever there is more secrecy afforded to the tax evader, that is where they will want to be,” said Michelle Hanlon, an accounting professor at MIT's business school, who specializes in offshore tax evasion.
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    MIT India Conference highlights social, business and political challenges
    Published: April 5, 2016
    Outlet: INDIA New England NEWS
    The MIT India Conference 2016, which was organized by MIT MBA students and professors, highlighted the key social, business, and political challenges, practices, and innovations that are shaping India today and will shape tomorrow.
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    Minneapolis Federal Reserve chief: U.S. needs to guard against failure of giant banks
    Published: April 5, 2016
    Outlet: Minnesota Public Radio News
    MIT professor Simon Johnson said the damage that could be caused by the failure of megabanks would be catastrophic. "If the Federal Reserve allows this financial system to continue in its current form, you're putting the economy in jeopardy," Johnson said. "You're putting the financial system in jeopardy and you're putting yourself, the Federal Reserve System, directly in the line of political fire next time."
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    Trinidad and Tobago tourism hosts MIT university students
    Published: April 4, 2016
    Outlet: eTurbo News
    While Professor Renée Richardson Gosline and her students toured Trinidad and Tobago, another group participated in one of MIT Sloan's first official study tour to Cuba. Other MIT Sloan study tours this year include trips to New Zealand, Ghana and Ivory Coast, Southeast Asia, and the United Kingdom.
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    This startup sends a personal chef to your home to cook your weekly meals
    Published: April 4, 2016
    Outlet: BostInno
    On Demand Chefs was founded by Tomasz Grzegorczyk and Malena Gonzalez, who are currently in the Executive MBA program at MIT Sloan. They launched the venture, which leverages algorithms to best suit users' culinary preferences and nutritional needs, about two months ago and already have 50 content customers who come back each week to reserve a chef - from word-of-mouth alone. And they're getting ready to ramp up more.
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    Venture capitalist investment slowdown: an important test for equity crowdfunding
    Published: April 4, 2016
    Outlet: peHUBlogger Network (Opinion Piece)
    Christian Catalini is the Fred Kayne (1960) Career Development Professor of Entrepreneurship and Assistant Professor of Technological Innovation, Entrepreneurship, and Strategic Management at MIT Sloan.
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    MIT $100K brings out seven of the coolest startups
    Published: April 1, 2016
    Outlet: BostInno
    The finale of the famed MIT 100K Competition is still a ways away, but the university just announced its startups picks to proceed to the semi-final round. Naturally, I had to scope out who made the cut. I combed through the 51 semifinalists and compiled a list of the coolest startups out of the bunch.
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    Carter: Department of Defense-MIT partnership to produce fabrics that see, hear, sense
    Published: April 1, 2016
    Outlet: U.S. Department of Defense
    Speaking at the Massachusetts Institute of Technology's Sloan School of Management, Defense Secretary Ash Carter said that Advanced Functional Fabrics of America is a competitively selected group of companies, universities, non-profits, research organizations and startup incubators organized by MIT.
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    Why Britain should remain European
    Published: April 1, 2016
    Outlet: Financial Advisor Magazine (Opinion Piece)
    Simon Johnson, a former chief economist of the IMF and professor at MIT Sloan, writes, "On June 23, the United Kingdom will hold a referendum on whether to leave the European Union. On the economic side of the “Brexit” debate are three main questions: Do European rules impose growth-stifling regulation on the UK? Would leaving the EU increase opportunities for British exports? And what would be the likely impact of withdrawal on financial stability?"
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    Why are Americans so afraid of vacation?
    Published: April 1, 2016
    Outlet: The Boston Globe
    “Fatigue sets in, rigidity applies, and all creativity and innovation are lost — both of which need time away for other activities to increase the probability of new ideas,” said Lotte Bailyn, an MIT researcher and author of the book “Breaking the Mold: Redesigning Work for Productive and Satisfying Lives.”
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    When was the last time you asked, "Why are we doing it this way?"
    Published: April 1, 2016
    Outlet: Harvard Business Review (Opinion Piece)
    Hal Gregersen is executive director of the MIT Leadership Center and a senior lecturer in leadership and innovation at the MIT Sloan School of Management. He writes, "Here's advice for how to give yourself time to reflect and lead with questions, based on insights from Guy Wollaert's and Brian Cornell's leadership journeys..."
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    Three rock solid tips to help introverts lead more effectively
    Published: April 1, 2016
    Outlet: Inc.
    I've had an ongoing discussion with Deborah Ancona, who teaches at MIT Sloan Executive Education on immunity to change. I've started applying some of the tips she's given me and provided a few of them here. Since I'm not in a leadership role--I prefer being an influencer of leaders--I decided to apply some of these leadership ideas at a conference recently where it was important to be a thought leader.
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    Not all hackers are evil
    Published: April 1, 2016
    Outlet: TIME (Video) (Opinion Piece)
    Katie Moussouris, a visiting scholar at MIT Sloan, writes, "In a move that would have been unthinkable just a few years ago, the Department of Defense recently announced plans to launch a new program, which I helped them create, called 'Hack the Pentagon,' and is offering to pay hackers for finding security flaws in government websites."
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    Forget Anbang, Marriott is a better bet for Starwood
    Published: March 31, 2016
    Outlet: Fortune (Opinion Piece)
    Barbara Dyer, president & CEO of The Hitachi Foundation and senior lecturer at the MIT Sloan School of Management, writes, "Let's say you have offers for two different jobs that interest you. The first one pays more, but comes from a company you don't know that much about. The second offer is a bit lower, but that company has a long history that you know well. How do you decide between the two?"
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    'Not unlike a mortgage': Health care loans proposed for pricey treatments
    Published: March 31, 2016
    Outlet: WBUR's CommonHealth (Audio)
    MIT professor Andrew Lo and Dr. David Weinstock at the Dana-Farber Cancer Institute say it's time to create a long-term health care loan. “The basic idea is for individual patients to have access to health care loans, not unlike a mortgage or auto loan or student loan,” Lo said. Patients would “borrow from a loan company to pay for these extremely expensive therapies and amortize the payments over a period of time, say five to 10 years.”
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    The five most misunderstood and misused marketing metrics
    Published: March 30, 2016
    Outlet: Inc.
    The MIT Sloan Management Review recently polled business leaders (non-marketing and marketing managers) about the five best-known metrics--market share, net promoter score, the value of a "like," customer lifetime value, and ROI--and found that the terms are widely used incorrectly. And some marketers (perhaps even worse) are deliberately misusing them, to prop up their own business value.
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    Hackers can be helpers
    Published: March 30, 2016
    Outlet: The New York Times (Opinion Piece)
    Katie Moussouris, a hacker and visiting scholar at MIT Sloan, writes, "Hackers hack because they are skilled and curious. They often report what they find -- despite sometimes facing legal threats -- in order to help make people safer. Many hackers care deeply about the world around them."
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    MIT India Conference to build on 'Startup India' initiative
    Published: March 29, 2016
    Outlet: The Economic Times India
    Organized by MIT Sloan in collaboration with the greater MIT community in Cambridge, Massachusetts on April 3, the conference plans to address all levels of entrepreneurship, according to a media release.
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    Lester C. Thurow, economist who seized the spotlight, is dead at 77
    Published: March 29, 2016
    Outlet: The New York Times
    Lester C. Thurow was the dean of the MIT Sloan School of Management from 1987 to 1993 and a founder of the Economic Policy Institute, an influential progressive research group. In his heyday, he was one of the most sought-after economists on the lecture circuit.
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    How this Tinder-like app aims to eliminate unconscious bias in recruiting
    Published: March 29, 2016
    Outlet: Fast Company
    From her first steps into programming at age 13, Stephanie Lampkin worked her way through an engineering degree from Stanford and an MBA from MIT's Sloan School of Management.
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    Some of the most successful platforms are ones you've never heard of
    Published: March 29, 2016
    Outlet: Harvard Business Review (Opinion Piece)
    Richard Schmalensee is the Howard W. Johnson Professor of Management and Economics, Emeritus, at MIT. He served as the dean of the MIT Sloan for nine years and as a Member of the President's Council of Economic Advisers. He is the co-author of Matchmakers: The New Economics of Multisided Platforms.
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    Indian students can now access Ivy League business education, courtesy EMERITUS Institute of Management
    Published: March 29, 2016
    Outlet: India Education Diary
    Associate Dean of Executive Education at MIT Sloan, Peter Hirst, said, “Our collaboration with Emeritus Institute of Management expands considerably on MIT Sloan Executive Education's digital capabilities and provides access to our faculty's lectures and learning materials for the next generation of managers in parts of the world where a top-tier management education might not otherwise be reachable or affordable.”
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    An unintended effect of banning cash
    Published: March 29, 2016
    Outlet: Moneyweek
    The New York Times has just reported on one study on this I hadn't noticed before. It isn't new – it was done in 2001 by Duncan Simester, a professor of marketing at MIT. You can read the full paper here, but the method and the findings were simple. Simester and a colleague held auctions of tickets to popular local sports games for MBA students. Some were cash only. Others were credit card only.
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    Becoming better prepared for digital disruption
    Published: March 28, 2016
    Outlet: NACD (Opinion Piece)
    Two experts from the Massachusetts Institute of Technology's Center for Information Systems Research (CISR), Peter Weill and Stephanie L. Woerner, investigated what it takes for a corporation to weather the digital economy.
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    We might be all wrong about robots taking our jobs
    Published: March 28, 2016
    Outlet: The Huffington Post (Video)
    For those of us worried that robots are coming for our jobs, economist Erik Brynjolfsson offers words of comfort: Bots actually may create new employment opportunities. Brynjolfsson discussed how new technologies may influence future jobs in an interview with Andrew McAfee, co-director of the MIT Initiative on the Digital Economy, during the World Economic Forum at Davos, Switzerland, earlier this year.
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    How nature can inspire new technologies
    Published: March 28, 2016
    Outlet: The Huffington Post (Video)
    “We think about new ways of making things...using new technologies that are inspired or informed by nature,” Neri Oxman told Andrew McAfee, co-director of the MIT Initiative on the Digital Economy and author of The Second Machine Age, during the World Economic Forum at Davos, Switzerland, earlier this year.
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    Buying costly drugs on the installment plan: Could it work?
    Published: March 28, 2016
    Outlet: NPR/National Public Radio
    Andrew Lo, a professor of finance at MIT's Sloan School of Management, and Dr. David Weinstock, an oncologist at the Harvard-affiliated Dana-Farber Cancer Institute, agree that insurance would be a better option.
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    El emprendimiento en Chile ha evolucionado y ahora es un referente
    Published: March 28, 2016
    Outlet: Economía y Negocios (Source: El Mercurio) (Chile)
    La disciplina debe ser uno de los ingredientes que no deben faltar a la hora de emprender o innovar. Este es uno de los postulados de Bill Aulet, director del Centro Martin Trust para el Emprendimiento del MIT, quien estuvo en el país la semana pasada para hablar de su libro "La disciplina de emprender: 24 pasos para una startup exitosa", invitado por Start-Up Chile.
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    Thomas Malone on building smarter teams
    Published: March 28, 2016
    Outlet: strategy+business (Video and Audio)
    Under the leadership of its founding director, Thomas W. Malone, the ambition of the MIT Sloan School of Management's Center for Collective Intelligence (CCI) is to put forth a new theory of group performance, bringing together insights from social psychology, computer science, group dynamics, social media, crowdsourcing, and the center's own experiments in group behavior.
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    The patent system isn't broken; We just aren't using it intelligently
    Published: March 28, 2016
    Outlet: The Huffington Post (Opinion Piece)
    Joe Hadzima, a senior lecturer at MIT Sloan, writes, "Much of the talk about the U.S. patent system generates a lot of heat, but little light. We hear complaints about how the system doesn't work and varied suggestions for fixing it. However, it's not really broken."
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    How to bring opportunity back to the middle class amid rise of technology
    Published: March 26, 2016
    Outlet: MSN (Video)
    Erik Brynjolfsson, director of the MIT Initiative on the Digital Economy, discusses what we need to provide to the middle class to ensure technology is being utilized properly to ensure opportunity growth
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    Credit cards encourage extra spending as the cash habit fades away
    Published: March 25, 2016
    Outlet: The New York Times
    “When you vary the payment method, people are willing to pay more,” said Duncan Simester, a professor of marketing at MIT who published a landmark paper on the subject in 2001. “You’re not forking over a dollar bill, so there is less sensation of loss.”
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    The four things it takes to succeed in the digital economy
    Published: March 24, 2016
    Outlet: Harvard Business Review (Opinion Piece)
    Lindsey Anderson is the Chairman of the MIT Sloan CIO Symposium and supports the insights of MIT's two leading IT research centers, the MIT Initiative on the Digital Economy (IDE) and the MIT Sloan Center for Information Systems Research (CISR); Irving Wladawsky-Berger, Ph.D., is a Visiting Lecturer at MIT Sloan and Fellow of its Initiative on the Digital Economy. They write, "According to MIT Sloan research, the companies that are adapting to a digital world are 26% more profitable than their industry peers."
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    New technology might help rein in big banks
    Published: March 24, 2016
    Outlet: Shanghai Daily (Opinion Piece)
    Simon Johnson, a former chief economist of the IMF, professor at MIT Sloan, and senior fellow at the Peterson Institute for International Economics, writes, "After nearly a decade of crisis, bailout and reform in the United States and the European Union, the financial system—both in those countries and globally—is remarkably similar to the one we had in 2006."
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    How to transform workers' campaign rage into better jobs and wage
    Published: March 24, 2016
    Outlet: The Conversation (Opinion Piece)
    Thomas Kochan, a Professor of Management at MIT Sloan, writes, "The presidential campaigns deserve some credit for finally voicing some of the deep frustrations and anger felt by American workers who have lived for decades in an economy that works for those at the top but not for them and their families."
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    Securitized health care loans the key to accessing the best treatments
    Published: March 23, 2016
    Outlet: InvestmentNews (Opinion Piece)
    Andrew Lo, the Charles E. and Susan T. Harris professor at MIT Sloan and director of the MIT Laboratory for Financial Engineering, writes: We live in a time of extraordinary scientific discoveries and medical breakthroughs. In the past two years alone, scientists and drug innovators have developed cures and therapies for certain types of cancers, hepatitis C, and several rare diseases.
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    Pricing solar so it doesn't raise everyone's energy rates
    Published: March 23, 2016
    Outlet: The Boston Globe (Opinion Piece)
    Richard Schmalensee, professor emeritus of management and of economics at MIT and former director of the MIT Center for Energy and Environmental Policy Research, writes: Despite its recent growth, solar power remains an expensive energy alternative and accounts for only a small percentage of electricity generation in Massachusetts.
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    ThriveHive is acquired by Propel Business Solutions for $11.8 million
    Published: March 22, 2016
    Outlet: The Boston Globe
    ThriveHive, which was founded by MIT Sloan alums Max Faingezicht and Adam Blake, offers small businesses a suite of plug-and-play tools such as email marketing analytics, mobile-friendly web designs, and video support.
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    Why General Electric is moving its headquarters to Boston
    Published: March 22, 2016
    Outlet: The Huffington Post - Blog (Opinion Piece)
    Lou Shipley, a Lecturer at the Martin Trust Center for MIT Entrepreneurship at MIT Sloan, writes: General Electric's planned relocation of its headquarters from Fairfield, CT, to Boston's Seaport District is a watershed for both the company and the region.
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    The rise of data capital
    Published: March 21, 2016
    Outlet: MIT Technology Review
    "More and more important assets in the economy are composed of bits instead of atoms," notes Erik Brynjolfsson, director of the MIT Initiative on the Digital Economy. In fact, many companies that are light on physical assets but heavy on data assets—for instance Airbnb, Facebook, and Netflix—have changed the terms of competition in their respective industries.
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    MIT Sloan students travel to Havana for newly designed US-Cuba relations study tour
    Published: March 21, 2016
    Outlet: WPTV (Video)
    A new study program at MIT Sloan is now centered around developing-relations between Cuba and the U.S. Twenty-six MIT students have been looking forward to the week-long study tour for months and then they learned President Barack Obama was also making the trip to Havana at the same time.
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    The one big reason every business needs to embrace complexity
    Published: March 21, 2016
    Outlet: Forbes
    The need to embrace complexity is fairly obvious in high tech industries, but Zeynep Ton argues in The Good Jobs Strategy that the same principle also holds true in industries that we wouldn't ordinarily associate with creativity and innovation. According to her research, the same type of linear thinking that doomed Xerox also impairs performance in high volume, low cost retail.
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    Bioquímicos crean segunda piel que extiende vida de las frutas
    Published: March 20, 2016
    Outlet: Diario Financiero (Chile)
    En 2015 fueron parte de Start-Up Chile, obtuvieron el tercer lugar de Brain UC -programa que este año se convirtió en BRAIN Chile y que tiene abierto su proceso de postulaciones hasta el 24 de abril- y resultaron finalistas de la competencia Aji Challenge, cuyo premio consistió en ser parte -y posteriores ganadores- de la “MIT Sloan Latin American Startup Competition”, realizada la primera semana de marzo, en Boston, EEUU.
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    The heavy burden of being labelled systemically important
    Published: March 20, 2016
    Outlet: Financial Times (Opinion Piece)
    Robert Pozen is a senior lecturer at the MIT Sloan School of Management. He asks if midsize regional banks and large insurance companies should be labelled Sifis.
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    MIT's $75,000 big data finishing school (and its many rivals)
    Published: March 20, 2016
    Outlet: Financial Times
    “The return on investment we expect to be very high [for those who take the course],” says Jake Cohen, senior associate dean for MIT Sloan undergraduate and masters programmes.
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    MIT competition addresses economic dislocation in the digital era
    Published: March 18, 2016
    Outlet: The Wall Street Journal - CIO Journal (Opinion Piece)
    Irving Wladawsky-Berger writes: Recently the Initiative on the Digital Economy, an effort at MIT started three years ago to better understand the broad changes brought about by the relentless advances of digital technologies, launched a competition inviting organizations to envision the future of work.
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    When tragedy struck, she chose to found her startup closer to home
    Published: March 18, 2016
    Outlet: Fast Company
    "Isa Watson pursued an MBA at MIT Sloan. She and collaborators built Envested, something like a social network that aggregates local charities—currently just in the Raleigh-Durham-Chapel Hill area.
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    Five questions with HubSpot's VP of culture and experience, Katie Burke
    Published: March 18, 2016
    Outlet: BostInno
    The MIT Sloan alumna has been with the company since before it went public and is a major driver in its mission to scale.
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    Want to foster innovation? Get out of your comfort zone
    Published: March 18, 2016
    Outlet: CIO
    Hal Gregersen has spent decades in the business world, researching the importance of enterprise innovation. That's why MIT hired Gregersen as the executive director of the MIT Leadership Center and as a senior lecturer in leadership and innovation in its Work and Organization Studies Group.
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    Airmada poised to show their automated drone concept at Y Combinator Demo Day
    Published: March 17, 2016
    Outlet: TechCrunch
    During an afternoon call with me, Airmada CEO Dan Danay, the ex-Israeli Naval Officer and Sloan School of Management graduate, outlined his autonomous drone product offering.
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    What to say to constituents about potentially cutting the corporate tax rate?
    Published: March 17, 2016
    Outlet: The Hill (Opinion Piece)
    Michelle Hanlon, the Howard W. Johnson Professor and a Professor of Accounting at MIT Sloan, writes: I recently testified at a Ways and Means Committee hearing about tax reform.
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    Dr. Michael Siegel - MIT
    Published: March 16, 2016
    Outlet: The BusinessMakers Radio Show (Video)
    Michael Siegel, principal research scientist at the MIT Sloan School of Management, addresses cyber security issues at the IHS CERAWeek Energy Conference.
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    Where computers defeat humans, and where they can't
    Published: March 16, 2016
    Outlet: The New York Times (Opinion Piece)
    Andrew McAfee is a principal research scientist at MIT, where Erik Brynjolfsson is a professor of management. They are the co-founders of the MIT Initiative on the Digital Economy and the authors of The Second Machine Age: Work, Progress and Prosperity in a Time of Brilliant Technologies.
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    Here's why negative interest rates are more dangerous than you think
    Published: March 14, 2016
    Outlet: Fortune (Opinion Piece)
    Charles Kane, a senior lecturer in international finance and entrepreneurial studies at the MIT Sloan School of Management, writes: Europe and other parts of the world are in for big risks. Desperate times call for desperate and somewhat speculative measures. The European Central Bank (ECB) cut its deposit rate last Thursday, pushing it deeper into negative territory.
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    Blendoor app breaks down computer bias in hiring
    Published: March 14, 2016
    Outlet: NPR - All Things Considered (Audio)
    NPR's Robert Siegel talks with MIT Sloan alum Stephanie Lampkin, founder and CEO of Blendoor, an app that tries to counteract bias in the job application process, about the potential for bias in interpreting big data and what can be done about it.
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    New support for Scottish entrepreneurs to scale up
    Published: March 14, 2016
    Outlet: Scotland B2B
    The first step is to complete the free online MIT training course developed by Bill Aulet, managing director of the Martin Trust Centre for MIT Entrepreneurship and visiting professor at Strathclyde University.
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    MIT Sloan is in talks with McKinsey, Amazon, Facebook on big data placements for students
    Published: March 14, 2016
    Outlet: BusinessBecause
    MIT Sloan is in talks with companies including Amazon, Facebook and McKinsey & Company over summer projects similar to internships for its business analytics master's students.
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    Crowdsourcing contest to reduce emissions
    Published: March 12, 2016
    Outlet: ITKey Media
    “The mission of the Climate CoLab is to test how crowds and experts can work together to solve large, complex problems, like climate change,” says MIT Sloan Professor Thomas Malone, director of the MIT Center for Collective Intelligence and founder of the Climate CoLab. “This contest applies that idea to the MIT campus.”
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    Memo to corporate america: Flexibility programs work. So, what's the holdup?
    Published: March 11, 2016
    Outlet: The Huffington Post (Opinion Piece)
    Erin L. Kelly is a Professor in Work and Organization Studies at the MIT Sloan School of Management and affiliated with the Institute for Work and Employment Research: What would your life be like if you—not your boss—got to choose where, when, and how you worked?
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    Programme offers boost for scaling-up business
    Published: March 10, 2016
    Outlet: The Scotsman
    Billed as the first of its kind, Scotland Can Do Scale includes free online training in customer focus developed by Bill Aulet, head of the Martin Trust Center for Entrepreneurship at the Massachusetts Institute of Technology.
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    10 things to know about 10th MIT Sloan Sports Analytics Conference
    Published: March 10, 2016
    Outlet: Forbes
    The MIT Sloan Sports Analytics Conference celebrates its tenth year this weekend with its annual gathering being held in the Boston Convention and Exhibition Center. It has attracted sell out crowds of over 2000 the last few years with a price point of $575 this year (a discounted student rate of $200 was also available).
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    MIT launches new Master of Analytics degree
    Published: March 10, 2016
    Outlet: eCampus News
    MIT Sloan School of Management has announced the launch of a new specialized Master of Business Analytics (M.B.An.) program designed to prepare students for careers in business analytics.
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    Future of big data: MBAs' cloud computing start-ups are taking on Salesforce, Amazon S3
    Published: March 9, 2016
    Outlet: BusinessBecause
    Before Salesforce's $110 million IPO in 2004, Frederic Kerrest helped turn its cloud computing business from a David into a Goliath. Now, he's trying to disrupt it. “I've always had the entrepreneurial bug,” says the big data entrepreneur, who co-founded Okta out of MIT Sloan School of Management.
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    Donald Trump's tax plan could tack $10 trillion onto America's debt
    Published: March 8, 2016
    Outlet: Fortune (Opinion Piece)
    Robert C. Pozen, a Senior Lecturer at the MIT Sloan School and Chair of the Advisory Board of the Urban-Brookings Tax Policy Center, writes: As voters in Idaho, Michigan, Mississippi and Hawaii head to the polls on Tuesday for the GOP primary, they should take a closer look at the frontrunner's tax plan and what that could mean for their wallets.
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    MIT, Columbia, Dartmouth partner with Singapore online firm to make executive education at 'India price'
    Published: March 8, 2016
    Outlet: Forbes
    Baking real-time, peer-based applied learning into the online experience is no small matter, and Emeritus has developers around the world creating new virtual collaboration tools. This plays out in, for example, Professor John van Maanen's ‘Leading Organizations and Change' course, where the final part calls for a multi-player simulation whereby each group has to make eight sequential decisions in competition with other groups.
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    Emprendimiento chileno ganó competencia del MIT
    Published: March 8, 2016
    Outlet: El Mercurio (Chile)
    Con estas palabras, el ganador de la MIT Sloan Latin American Startup Competition, Francisco Palma, hace referencia al enorme potencial que en los últimos años han adquirido los proyectos de innovación que se están trabajando en Chile.
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    Bipartisan energy bill is the right move for the economy
    Published: March 8, 2016
    Outlet: RealClearEnergy (Opinion Piece)
    Dr. Richard Schmalensee is the John C. Head III Dean, Emeritus and the Howard W. Johnson Professor of Management and Economics, Emeritus at the MIT Sloan School of Management.
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    Four moves you must make to create a billion-dollar company
    Published: March 7, 2016
    Outlet: Inc.
    " MIT's Catherine Fazio, Jorge Guzman, Fiona Murray, and Scott Stern examined things that such companies do early on, as a kind of predictor of later success. Their research, which was published in February, does come with a big warning: Amidst declining rates of entrepreneurship, and with an economy that is less inclined to nurture startups, the next generation of Amazons may simply stagnate."
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    MIT Sloan just launched a business analytics master's - here's why
    Published: March 7, 2016
    Outlet: BusinessBecause
    “In the ‘era of big data', the demand for skilled practitioners who understand how to mine and analyze the vast amount of digital data that's being created is a well-known challenge,” said David Schmittlein, dean of MIT Sloan.
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    Need startup money? This MIT contest is giving out $1 million in prizes
    Published: March 7, 2016
    Outlet: Inc.
    Since their 2014 book, "The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies," Erik Brynjolfsson and Andrew McAfee, faculty members at the MIT Sloan School of Management, have repeatedly made the following point: The digital era has led to remarkable benefits for business and the economy, but not done enough for people earning middle- and base-level incomes.
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    The crisis in American entrepreneurship
    Published: March 7, 2016
    Outlet: The Wall Street Journal - Economics Blog
    America's entrepreneurs are brimming with promising ideas. But they appear to be struggling to transform innovations and insights into successful companies with broad reach. That's the conclusion of new research and a policy brief from the Massachusetts Institute of Technology's Catherine Fazio, Jorge Guzman, Fiona Murray and Scott Stern.
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    Twelve habits of the most productive people
    Published: March 7, 2016
    Outlet: Fast Company
    When some of the smartest people in the world want to be productive, they attend Robert Pozen's executive education course, Maximizing Your Personal Productivity, at MIT. Pozen, who is the author of Extreme Productivity: Boost Your Results, Reduce Your Hours, is himself a highly productive person. He writes and speaks, teaches courses, and holds a post as a fellow at the Brookings Institution, among other things.
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    Homeless artists given power to earn by MIT Sloan MBA startup
    Published: March 7, 2016
    Outlet: TopMBA Career Guide
    ArtLifting was founded by MIT Sloan student Spencer Powers and his sister, Liz, after the latter had spent the best part of a decade running art groups in homeless shelters and seeing the quality of work produced there go largely to waste...Spencer, who is set to graduate later this year, name-checks one MIT Sloan course on new enterprises as being particularly beneficial...Simply called New Enterprises, the course has been taught by Bill Aulet, the managing director of MIT's entrepreneurship center.
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