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  • MIT-led team is aiming to build a better cryptocurrency
    Published: February 13, 2018
    Outlet: MarketWatch (Opinion Piece)
    MIT Sloan Prof. Sandy Pentland writes: "With newfound clarity, we can build tools for minimizing financial risk; we can also learn to identify and act on early-warning signals, thus improving system stability. In addition, this new level of transparency could broaden participation in the economy and reduce the concentration of wealth..."
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    Top 10 Lists for 2018: MIT Sloan School of Management
    Published: February 13, 2018
    Outlet: FindMBA
    The FindMBA team has just released their Top 10 Lists for 2018, and MIT Sloan School of Management is featured as a top business school worldwide in Operations Management, Private Equity, and Supply Chain Management.
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    No one knows your strategy––not even your top leaders
    Published: February 12, 2018
    Outlet: MIT Sloan Management Review (Opinion Piece)
    MIT Sloan Senior Lecturer Donald Sull and his co-authors write: "Our research has uncovered three nonintuitive causes of strategic misalignment and concrete steps that top leaders can take to improve how well the strategy is understood throughout the organization."
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    Abschied vom Manager, der alles im Griff hat
    Published: February 12, 2018
    Outlet: Wirtschaft + Weiterbildung (Germany)
    Hal Gregersen, Executive Director der amerikanischen Führungskräfteschmiede „MIT Leadership Center“, hat erforscht, was innovative Leader anders machen. Sein Rat: Raus aus dem Büro, die richtigen Fragen stellen und sich selbst in unangenehme Situationen bringen. Die Executive-Education-Angebote hat das MIT inzwischen schon modifiziert.
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    1950s prosperity or 1970s crash? Two ways a US interest rate rise could go
    Published: February 10, 2018
    Outlet: The Guardian
    “The markets are trying to grapple with the sudden realization that the Trump-Republican economic policies amount to a short-term economic stimulus in an economy that appears to have very little slack,” says Simon Johnson, an MIT professor of global economics and management.
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    Peter Senge set to visit Philippines again
    Published: February 10, 2018
    Outlet: Manila Standard (Philippines)
    “The organizations that will truly excel in the future will be the organizations that discover how to tap people's commitment and capacity to learn at all levels in an organization,” noted Peter Senge, arguably the world's foremost authority on systems science and a senior lecturer at the Massachusetts Institute of Technology Sloan School of Management.
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    The BlackRock letter sets ambitious goals. Here's how CEOs can meet them.
    Published: February 9, 2018
    Outlet: Fortune (Opinion Piece)
    MIT Sloan Senior Lecturer Robert Pozen writes: "Should public companies focus on earning profits for their shareholders, or should they serve broader societal needs? Larry Fink, the head of BlackRock, the largest fund manager in the world, recently issued a letter to company CEOs stating: 'Companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.'"
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    MIT LGO students commit to offsetting student travel
    Published: February 9, 2018
    Outlet: Clearadmit
    MIT's two-year Leaders for Global Operations (LGO) program is a unique dual-degree offering that the Sloan School of Management established in partnership with the School of Engineering. The LGO program merges a state-of-the-art management curriculum with advanced engineering training to prepare students to handle global operations, product development, and manufacturing problems with aplomb.
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    Learn about artificial intelligence while you get an MBA
    Published: February 8, 2018
    Outlet: U.S. News & World Report
    Simon Johnson, a professor of entrepreneurship at MIT Sloan, says one way to gauge the sophistication of a b-school course is to check if it discusses instances when the potential of AI has been exaggerated. Johnson, who teaches a course about the business of AI and robotics, says it's important for MBA students to learn how to tell the difference between circumstances where AI can help a business and those where it won't have a significant impact.
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    El reto laboral y el cambio tecnológico
    Published: February 8, 2018
    Outlet: ABC (Spain) (Video)
    Paul Osterman, profesor de MIT Sloan, apuesta por poner el acento en tres áreas: una regulación razonable del mercado laboral, un mayor esfuerzo en la formación y en la educación –de manera que los trabajadores adquieran las competencias necesarias para desempeñarse en esta nueva realidad– y un compromiso por parte de las empresas por mejorar la calidad de los empleos.
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    This MIT Sloan startup is developing a device reminding women to take the pill
    Published: February 7, 2018
    Outlet: BostInno
    Aagya Mathur, MBA '18, saw the necessity to effectively remind women to take the pill as a business opportunity and decided to do something about it. Her answer is a startup called aam, which she co-founded with Aya Suzuki and Alexis Wong in June 2017.
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    What I wish I knew about my career when I was 22
    Published: February 5, 2018
    Outlet: Fast Company (Opinion Piece)
    MIT Sloan alum Katie Burke writes: "I don't know about you, but I rarely feel like I'm 22. I do, however, work with a lot of 22-year-olds who are smart, interesting, dynamic, and absurdly high-energy. While it depresses me they don't understand my Saved by the Bell references, their ideas and achievements are truly remarkable. And approximately once a week, I get a request from one of them to talk about “careers” –a topic that they know they should care or think about, but aren't really sure how..."
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    Strategies for leading productive office meetings
    Published: February 5, 2018
    Outlet: Journal of Accountancy
    "Having a staff meeting every Wednesday at 2 p.m. because we always have a meeting at that time is not a very good reason," said Neal Hartman, senior lecturer in managerial communication at MIT Sloan. Sometimes meetings don't need to involve everyone, he said, and advised leaders to determine who needs to attend by being clear about the purpose of the meeting and what the group hopes to accomplish before issuing invitations.
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    Here's high-powered advice for the incoming Fed Chairman Jerome Powell
    Published: February 5, 2018
    Outlet: Bloomberg News
    As Jerome “Jay” Powell prepares to ascend to the top spot at the Federal Reserve, he doesn't lack for advice from prominent economists and former policy makers. Here's what some of them have been saying, including MIT Sloan Profs. Kristin Forbes, former Bank of England policy maker, and Athanasios Orphanides, former European Central Bank policy maker.
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    Technology and the Future of Work Part 1
    Published: February 3, 2018
    Outlet: White House Chronicle (Video)
    MIT Sloan Prof. Thomas Kochan, Co-Director of the MIT Sloan Institute for Work and Employment Research, discusses the future of work–he is not a techno-pessimist or techno-optimist, he says. (start: 1:50)
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    Economy-boosting ideas are increasingly hard to find
    Published: February 2, 2018
    Outlet: Chicago Booth Review
    To sustain economic growth, the United States must double its overall research effort every 13 years. That's because it is taking an increasing amount of effort to generate enough ideas to power the economy, according to research by Stanford's Nicholas Bloom and Charles I. Jones, Stanford PhD candidate Michael Webb, and MIT's John Van Reenen.
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    A new look at clinical success rates
    Published: February 2, 2018
    Outlet: Science Magazine
    Derek Lowe covers drug discovery and the pharma industry. He writes: "Andrew Lo of MIT and his co-workers have published a really interesting paper on clinical trial probability-of-success numbers. It appears to be the largest such effort yet..."
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    MIT Sloan School of Management: Building world leaders by nurturing leadership skills
    Published: February 2, 2018
    Outlet: The Knowledge Review
    MIT Sloan School of Management is where smart, independent leaders come together to solve problems, create new organizations, and improve the world. The institute offers eight master's degree programs, bachelor's and doctoral degree programs, and executive education. Their MBA program is among the most selective in the world, and is consistently ranked among the top ten schools nationally and globally.
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    Five things you should know about David Lucchino
    Published: February 2, 2018
    Outlet: The Boston Globe
    After briefly working in journalism, David Lucchino earned a master's degree at MIT Sloan and pursued a career in biotech. He says he knows first-hand the value of life-saving molecules because he was diagnosed seven years ago with multiple myeloma, a blood cancer. He underwent treatment at Dana-Farber Cancer Institute and has been in remission for five years.
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    Can finance cure cancer?
    Published: February 1, 2018
    Outlet: PBS NewsHour (Video)
    How do you drive investors to spend money on cutting-edge cancer treatments? One idea, according to economist Andrew Lo, is to sell securities in a megafund of research projects. Economics correspondent Paul Solman explores how financial engineering could be the starting point for curing cancer.
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    Uruguaya dLocal trabaja junto al MIT para conquistar mercados
    Published: January 31, 2018
    Outlet: El Observador (Uruguay)
    Hoy en pleno proceso de expansión, dLocal está trabajando junto a un equipo de estudiantes de MBA de la Escuela de Negocios del Massachusetts Institute of Technology para generar una estructura que le permita evaluar potenciales mercados y luego implementar diferentes estrategias en cada uno.
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    Meet the four MIT students working to disrupt the expert network industry
    Published: January 31, 2018
    Outlet: Forbes
    Devin Basinger, Yishi Zuo, Derek Hans, and Nikhil Punwaney see a chance to disrupt the expert network industry as a whole through their startup, DeepBench, which seeks to free the “world's knowledge by matching expert advisors with those who need their insights.” Basinger, Zuo, and Hans are MBA '18 students at MIT Sloan.
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    Andrew McAfee: It's amazing how bad machines are at common sense
    Published: January 31, 2018
    Outlet: The National (United Arab Emirates)
    MIT Sloan Prof. Andrew McAfee gave an engaging talk in Abu Dhabi. “The future of jobs in the age of artificial intelligence” touched on many topics such as robots, jobs and inequality. While McAfee began with a sobering assessment, he spoke about how humans have common sense, the ability to ask questions, social skills, and are learning to work with computers. “I'm an optimist but we have to be careful,” he said.
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    Trumponomics is failing on growth
    Published: January 31, 2018
    Outlet: Project Syndicate (Opinion Piece)
    MIT Sloan Prof. Simon Johnson writes: "After campaigning as a businessman who would usher in a new golden age of growth in America, US President Donald Trump's economic track record in 2017 proved disappointing. Despite large tax cuts and little standing in the way of Trump's deregulatory agenda, the US economy has performed no better under his administration than under the last."
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    Can big data revolutionise policymaking by governments?
    Published: January 31, 2018
    Outlet: Financial Times
    MIT Sloan's Alberto Cavallo and Roberto Rigobon founded and run the Billion Prices Project. The project started in 2006, during a period when the then-Argentine government was accused of manipulating its inflation data. Cavallo and Rigobon realised that by compiling the online prices listed by Argentine retailers they could build a more accurate and contemporaneous measure of the true inflation rate.
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    Spotify's direct listing is a template for unicorns riding high
    Published: January 30, 2018
    Outlet: Financial Times (Opinion Piece)
    MIT Sloan Senior Lecturer Robert Pozen writes: "The direct listing of Spotify's shares for trading without an IPO will create attractive opportunities for private unicorns with name recognition and individual investors hungry for technology-related stocks. More broadly, these direct listings will help preserve the historic role of public equity markets in high-growth industries despite the recent decline in the number of IPOs outside of Asia."
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    Here's how workers would spend the corporate tax cut––if they had a voice
    Published: January 30, 2018
    Outlet: The Conversation (Opinion Piece)
    MIT Sloan Prof. Thomas Kochan writes: "Over 200 CEOs have said they will raise wages or give bonuses as a result of the large corporate income tax cut passed late last year by Congress...But why should this decision be left to CEOs? Don't workers have a legitimate claim and stake in what is done with the profits they help produce? New research I've been leading at MIT finally gives workers a voice on these issues and many others."
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    Do financial inclusion efforts really have an impact on poverty?
    Published: January 29, 2018
    Outlet: Stanford Social Innovation Review
    MIT Sloan’s Tavneet Suri and Georgetown University’s Billy Jack found that users of the mobile money system M-Pesa are not only more likely to receive more remittances, and from a wider network of sources, but also better withstand unexpected expenses or decreases in income...
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    Polynatural y Destácame son premiadas con asesorías del MIT G-Lab
    Published: January 29, 2018
    Outlet: Diario Financiero (Chile)
    Crecimiento estratégico, fijación de precios, marketing e innovación son áreas claves para el despegue de todo emprendimiento. En este contexto es que alumnos del MIT Management Sloan School expertos en estas áreas, se encuentran dando asesoría a dos jóvenes empresas chilenas: Polynatural y Destácame, en el marco de su programa G-Lab, al que fueron postuladas, la primera por Corfo y la segunda por el MIT.
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    "No crean las 7 mentiras sobre el emprendedor"
    Published: January 28, 2018
    Outlet: El Mundo (Spain)
    «Olvídense de Silicon Valley. Es un modelo particular. No hay que copiarlo, no funcionará en otro sitio», le dice Bill Aulet a una audiencia de un centenar de personas relacionadas de una u otra forma con el emprendimiento y la innovación. Claro que podría considerarse que Aulet es un profesor del MIT, Boston, la costa Este.
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    Meritocracia, "difícil de dizer e de implementar"
    Published: January 27, 2018
    Outlet: Dinheiro Vivo (Portugal)
    Quanto vale o mérito no recibo de vencimento? Muito menos do que seria de esperar. Quem o afirma é Emilio Castilla, académico e investigador, que há mais de uma década se dedica a compreender o como e o porquê do funcionamento da pir"mide nas organizações.
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    Dos startups, tres peruanos y su experiencia con el MIT Sloan
    Published: January 26, 2018
    Outlet: Diario Gestión (Peru)
    Mientras que Comunal Coworking está dedicada a la innovación de oficinas tradicionales, Xertica busca la transformación digital para empresas. Ambas fueron escogidas por el MIT Sloan para brindarles conocimientos y análisis de alto impacto.
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    Business schools compete to solve CDFI challenges at MIT Sloan
    Published: January 25, 2018
    Outlet: Opportunity Finance Network
    The MIT Sloan “Community Finance Challenge” is open to MBA and other graduate students who are competing for $14,000 in prizes at the finals this March. CDFI Connect sat down with John Beatty, an MBA student at MIT Sloan and former employee of CDC Small Business responsible for the creation of this competition.
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    How can we fix our productivity crisis?
    Published: January 24, 2018
    Outlet: World Economic Forum (Video)
    If we are innovating more than ever, why aren't our businesses more efficient? Get ahead of the trends that are shaping productivity in the Fourth Industrial Revolution with MIT Sloan's Erik Brynjolfsson and MIT Sloan alum Ric Fulop, founder and CEO of Desktop Metal.
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    Economics in central banking: Alberto Cavallo and Roberto Rigobon – Billion Prices Project/PriceStats
    Published: January 24, 2018
    Outlet: Central Banking (UK)
    The work of MIT Sloan economists Alberto Cavallo and Roberto Rigobon for the Billion Prices Project and PriceStats (its business end) gives central bankers access to high-frequency indicators of inflation – published daily, rather than monthly, and with a lag of three days, rather than several weeks.
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    Despite its woes, GE must stay entrepreneurial
    Published: January 24, 2018
    Outlet: The Boston Globe (Opinion Piece)
    MIT Sloan Prof. Bill Aulet writes: "When I heard the news that GE is considering breaking itself up into smaller units, I was overcome with sadness. I started my career at IBM in the early 1980s and saw that company brought low, and now a similar scenario is playing out with another venerable firm..."
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    How talented kids from low-income families become America's 'lost Einsteins'
    Published: January 24, 2018
    Outlet: The Conversation (Opinion Piece)
    MIT Sloan Prof. John Van Reenen and his co-authors write: "We concluded that there are many 'Lost Einsteins' in America––children who had the ability to innovate, but whose socioeconomic class or gender greatly reduced their ability to tap into the social networks and resources necessary to become inventors..."
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    Dear CEO: They're watching your every move
    Published: January 24, 2018
    Outlet: Forbes (Opinion Piece)
    ThriveHive CTO and MIT Sloan alum Max Faingezich writes: "As companies grow, leaders face new challenges. Here are some lessons I learned that can help you lead your team effectively and avoid costly confusion..."
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    Is "murder by machine learning" the new "death by PowerPoint"?
    Published: January 23, 2018
    Outlet: Harvard Business Review (Opinion Piece)
    Michael Schrage, a research fellow at MIT Sloan's Center for Digital Business, writes: "Leaders who are serious about leading AI/ML transformations are investing not just in innovative technical expertise but also in new organizational capabilities. As they do so, they'll need to take great care not to recreate the productivity mistakes of the past."
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    Business schools have a problem with fintech
    Published: January 23, 2018
    Outlet: Financial Times
    One reason business schools may be behind with fintech is the sheer breadth of the term itself, as Matt Rhodes-Kropf, visiting associate professor in the finance department at MIT Sloan, told the FT. His school, along with Fuqua and NYU Stern School of Business, was among a handful that FT's surveyed alumni reported were teaching fintech well.
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    An evaluation of the CPI Indexes for prescription drugs
    Published: January 22, 2018
    Outlet: Brookings Institution
    In "An evaluation of the CPI Indexes for prescription drugs," MIT Sloan Prof. of Applied Economics Ernst R. Berndt and his co-researchers compare the measures of prescription drug prices reported in the CPI and PPI programs with indexes computed from an alternative set of price data compiled by the IQVIA Institute for Human Data Science (IQVIA).
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    Post MiFID II, dark trading should return to basics
    Published: January 22, 2018
    Outlet: Oxford Business Law Blog (Opinion Piece)
    MIT Sloan Associate Professor of Finance Haoxiang Zhu and his co-author write: "On January 3, 2018, the revised Markets in Financial Instruments Directive, or MiFID II, became effective across EU member states. This comprehensive and far-reaching regulation will shape European capital markets in years to come..."
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    Estudiantes del MIT vienen a la Argentina hacer sus prácticas
    Published: January 21, 2018
    Outlet: Clarín (Argentina)
    Los 20 estudiantes de segundo año del MBA del MIT ya forman parte de los equipos de trabajo de cinco empresas locales donde aportan como consultores. La experiencia forma parte de la metodología de aprendizaje de la gestión a través de la acción que utilizan en la escuela de negocios Sloan del MIT.
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    Six steps to communicating strategic priorities effectively
    Published: January 19, 2018
    Outlet: MIT Sloan Management Review (Opinion Piece)
    MIT Sloan Senior Lecturer Donald Sull and his co-authors write: "Based on our analysis of S&P 500 companies and our work with organizations trying to communicate their strategic priorities, we identified six characteristics that increase the clarity and credibility of external communications."
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    Five things you need to know about the World Economic Forum
    Published: January 19, 2018
    Outlet: Marketplace (Audio)
    Next week, government and business leaders from around the world will meet in Davos, Switzerland, for the 2018 World Economic Forum to discuss the theme: "Creating a Shared Future in a Fractured World." Davos vet and MIT economics professor John Van Reenen spoke with Marketplace Weekend about the five things everyone should know about the World Economic Forum.
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    Burning wood for power may be worse than coal--study
    Published: January 19, 2018
    Outlet: Renewables Now
    "It's like an investment in which you give your bank $1,000 today. They promise to pay you back, but only over 80 years, and only if they don't go out of business first or decide there's something else they'd rather spend your money on. You're better off if you keep your money. In the same way, it's better to keep the trees on the land and keep all that carbon out of the atmosphere," said MIT Sloan Prof. John Sterman.
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    How to be a leader without having to act like one
    Published: January 18, 2018
    Outlet: Inc.
    MIT Sloan Profs. Deborah Ancona and Hal Gregersen studied MIT alumni who went on to start businesses. (The Kauffman Foundation reported more than 30,200 businesses with MIT alums among the founders in 2014). Again and again, their subjects rejected referring to themselves as a "leader," instead equating the role to those in politics, hierarchy, self-aggrandizement, and abuses of power. "It's like the word leader is a disease," says Gregersen.
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    Verdades y mentiras del emprendimiento, según el MIT
    Published: January 18, 2018
    Outlet: Emprendedores (Spain)
    Bill Aulet, profesor del Massachusetts Institute of Technology (MIT), ha ofrecido en Madrid una master class sobre emprendimiento de base innovadora.
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    Bill Aulet: "Spain does not need to look like Silicon Valley"
    Published: January 18, 2018
    Outlet: Innovaspain (Spain)
    Bill Aulet no es un profesor de aquellos que podrían denominarse "al uso". De hecho, su vida transcurre a veces más fuera que dentro de las aulas debido a charlas como la que ofreció hace un par de días en el marco de la presentación de MIDE, en Madrid.
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    MIT professor receives Harry M. Markowitz Award for research on the effect of technology
    Published: January 18, 2018
    Outlet: Pensions & Investments
    Prof. Andrew W. Lo was named winner of the $10,000 Harry M. Markowitz Award for his paper, "Moore's Law Vs. Murphy's Law in the Financial System: Who's Winning?" The award was announced Thursday by the Journal of Investment Management and New Frontier Advisors in a joint statement.
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    Unresolved: America's economic outlook
    Published: January 16, 2018
    Outlet: Intelligence Squared (Video)
    Five esteemed economic thinkers, including MIT Sloan's Simon Johnson, debate the state of the American economy, from tax cuts to trade policy. Closing in on the Trump administration's first year, questions asked include: Is deregulation driving the booming economy? Can the Republican tax bill spur economic growth? And is the stock market too high?
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    Five questions for a scientist: Mechanical engineer, entrepreneur, and inventor Elaine Chen
    Published: January 11, 2018
    Outlet: Science Net Links
    An interview with Elaine Chen, a senior lecturer and entrepreneur-in-residence at the Martin Trust Center for MIT Entrepreneurship who teaches entrepreneurship, primary market research and organization development for new ventures.
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    19 fresh faces and bold new ideas from Boston
    Published: January 10, 2018
    Outlet: The Boston Globe
    Getting a great-fitting blazer became a seamless experience for customers of Boston work-wear company Ministry of Supply. It introduced a robotic knitting machine to its Newbury Street storefront that in 90 minutes produces a no-seams, made-to-measure garment. Ministry, known for its MIT roots and high-tech fabrics, says the fit is better than off-the-rack methods, while the process wastes less fabric.
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    A year for leadership in America
    Published: January 10, 2018
    Outlet: The Hill (Opinion Piece)
    MIT Sloan Prof. Deborah Ancona writes: "In a world of distributed leadership, we cannot be silent in 2018 if we want it to be different than 2017. Each and every one of us has to step up now to unleash the power of the many against the power of the one or two who threaten to pull down the values and institutions that have built this nation."
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    Where investors are missing startup opportunities in America
    Published: January 10, 2018
    Outlet: Entrepreneur (Opinion Piece)
    MIT Sloan Senior Lecturer Joseph Hadzima and Pipeline CEO Joni Cobb write: "While there has recently been more attention given to the heartland in terms of investing–such as AOL co-founder Steve Case's new Rise of the Rest fund–there is still undeniably very little awareness of just how strong the entrepreneurial markets are in the middle of the country."
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    Public companies are about to be flooded with cash. How will they spend it?
    Published: January 10, 2018
    Outlet: Fortune (Opinion Piece)
    MIT Sloan Senior Lecturer Robert Pozen and Perella Weinberg Partners CEO Robert Steel write: "U.S. companies will soon experience a tsunami of free cash flow. Because of the new Trump-GOP tax plan—the Tax Cuts and Jobs Act—we estimate American companies will have over $2.6 trillion of additional cash over the next five years..."
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    New tax law means fighting over unfunded state pension plans is about to get worse
    Published: January 10, 2018
    Outlet: MarketWatch (Opinion Piece)
    Senior Lecturer Robert C. Pozen writes: "The recently enacted U.S. tax law restricts federal deductions for state and local taxes (SALT) to $10,000 — including local property and sales taxes as well as local income taxes..."
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    Architect your company for agility
    Published: January 10, 2018
    Outlet: MIT Sloan Management Review (Opinion Piece)
    Jeanne Ross, principal research scientist for MIT's Center for Information Systems Research (CISR), writes: "In the digital economy, business architecture must also focus on agility — designing rapid reuse of individual business components. Organizational agility won't happen by accident. It must be architected."
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    Young doctors struggle to learn robotic surgery––so they are practicing in the shadows
    Published: January 9, 2018
    Outlet: The Conversation (Opinion Piece)
    Matt Beane, MIT Sloan PhD '17, writes: "In my new paper, published January 8, I specifically focus on how surgical trainees, known as residents, learned to use the 800-pound gorilla: Intuitive Surgical's da Vinci surgical system."
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    What's the value where ESG meets emerging markets?
    Published: January 9, 2018
    Outlet: Forbes
    MIT Sloan MBA Liz Su, a member of the Emerging Markets Portfolio Construction team at Boston Common Asset Management (BCAM), discusses the value of ESG (environmental, social and governance) practices in the global economy and the investment process, in this interview.
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    Can a Norwegian company with 'oil' in its name transform into a wind company?
    Published: January 9, 2018
    Outlet: NPR's WUNC (Audio)
    Energy economist and MIT Sloan Senior Lecturer John Reilly says companies like ExxonMobil and Chevron are facing a classic business challenge. “Could the horse and buggy manufacturers become automobile producers?" asks Reilly. John Sterman says oil companies' goals need to be backed by their actions–" the goal without action doesn't mean much.”
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    Could apps help ease traffic congestion or will only rush-hour tolls work?
    Published: January 8, 2018
    Outlet: NPR's KPCC (Audio)
    A new study led by former MIT Sloan Visiting Professor Yannis Paschalidis found that current traffic congestion levels could be cut in half simply by more evenly distributing cars on alternate routes.
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    Slowly but surely, gains from AI innovation are coming
    Published: January 7, 2018
    Outlet: The Hill (Opinion Piece)
    MIT Sloan Prof. Erik Brynjolfsson, along with MIT Sloan PhD candidate Daniel Rock and Chicago Booth's Chad Syverson write: "Each day we read about amazing technology breakthroughs, particularly when it comes to AI. But if AI is so great, why are these breathtaking technological achievements not matched with soaring productivity and economic growth?"
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    Obama to speak Feb. 23 at MIT Sloan Sports Analytics Conference
    Published: January 6, 2018
    Outlet: The Boston Globe
    Former President Barack Obama will be in Boston next month to speak at the 12th annual MIT Sloan Sports Analytics Conference at the Boston Convention and Exhibition Center. The announcement was made Friday night on Twitter by Daryl Morey, general manager of the NBA's Houston Rockets and cofounder of the conference. Morey graduated from MIT Sloan in 2000.
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    Shaping the Future of Work
    Published: January 5, 2018
    Outlet: NPR's WAMC (Audio)
    Thomas Kochan talks about his book, SHAPING THE FUTURE OF WORK, which lays out a comprehensive strategy for changing the course the American economy and employment system have been on for the past 30 years.
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    Education is the kindling of a flame: How to reinvent the 21st-century university
    Published: January 5, 2018
    Outlet: HuffPost (Opinion Piece)
    Senior Lecturer Otto Scharmer writes: "In this column, I outline an idea that could reshape our universities while also prototyping new ways of addressing urgent societal challenges..."
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    Is Bitcoin really in a bubble?
    Published: January 4, 2018
    Outlet: Knowledge@Wharton (Audio)
    Wharton's Kevin Werbach and MIT's Christian Catalini discuss the possibility of a bitcoin bubble. “There has been a lot of hype and excitement, and that clearly has driven the price possibly away from the real utility value of the network and much more into the speculative realm,” said Catalini.
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    To scale AI, rethink business processes: MIT's Brynjolfsson
    Published: January 3, 2018
    Outlet: The Wall Street Journal
    Many firms are still figuring out what tasks to automate, and are exploring ways to organize their teams to support more machine learning. “It's not because the technology is lagging. It really has to do with the organizational side, the culture, and the co-invention of business processes that takes a lot longer,” said Erik Brynjolfsson, director of the MIT Initiative on the Digital Economy.
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    Taking measure of experiential learning
    Published: January 3, 2018
    Outlet: BizEd (Opinion Piece)
    Michellana Jester, a lecturer and faculty course manager in the Global Economics and Management Group at MIT Sloan, and her co-authors, write: "Whether through consulting projects or action learning courses, business schools around the world are showing dramatic growth in the project-based learning initiatives they offer students..."
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    The labs that protect against online warfare
    Published: January 3, 2018
    Outlet: BBC
    MIT's Interdisciplinary Consortium for Improving Critical Infrastructure Cybersecurity (IC3) is focused on trying to make companies and managers think differently about cyber-security. “We look at the strategic and managerial aspects of cyber-security, not just the actual hardware and software upgrades because 70-80% of cyber-attacks are aided or abetted by insiders, usually unintentionally,” says Prof. Stuart Madnick, the head of IC3.
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    The 20 most popular MIT Sloan Management Review articles of 2017
    Published: January 3, 2018
    Outlet: MIT Sloan Management Review
    The impact of AI on the future of work and organizations was a hot topic for visitors to MIT Sloan Management Review's website in 2017. Although MIT SMR publishes content on a wide range of management topics, 25% of the 20 most-read pieces of new editorial content on the MIT SMR website in 2017 dealt with AI — including the most popular article from the magazine, the most popular report, and the most popular blog post.
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    Linking models of human behaviour and climate alters projected climate change
    Published: January 1, 2018
    Outlet: Nature Climate Change
    The team behind this new paper, just published in Nature Climate Change, includes MIT Sloan Research Affiliate Travis Franck and MIT Sloan alum and SUNY Buffalo Associate Prof. Sara Metcalf, among others, and the novel analysis uses the Climate Interactive/MIT C-ROADS model.
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    Why you need to scale predictably to grow your business
    Published: January 1, 2018
    Outlet: Inc.
    Donna Levin, an Entrepreneur-in-Residence at the Martin Trust Center for MIT Entrepreneurship and a lecturer at MIT Sloan, shares insights into what founders need to do before bringing their companies to scale.
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    China, the innovation dragon
    Published: December 29, 2017
    Outlet: Project Syndicate (Opinion Piece)
    Simon Johnson and Jonathan Ruane write: "China has achieved much since 1978, when Deng Xiaoping initiated the transition to a market economy. In terms of headline economic progress, the pace of China's transformation over the past 40 years is unprecedented."
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    A look at the year of bitcoin
    Published: December 29, 2017
    Outlet: The Washington Post
    Christian Catalini, a professor and founder of MIT's Cryptoeconomics Lab, said widespread news coverage has led to a rush to buy bitcoin. “The fear of missing out has been the leitmotif of the year,” Catalini said. “People hear about the price of bitcoin increasing and increasing, and when that happens, the price goes up. You've seen this dance of enthusiasm and hype building.”
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    MBE for Manchester entrepreneur in New Year's Honours List
    Published: December 29, 2017
    Outlet: Manchester Evening News
    Prof. Vikas Shah has received the Member of the Order of the British Empire (MBE) for services to business and the economy. The 37-year old, who started his first business aged 14, is an honorary professor at Alliance Manchester Business School at the University of Manchester and professor of entrepreneurship at the MIT Sloan Lisbon MBA.
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    Thirteen of the best business books of 2017
    Published: December 27, 2017
    Outlet: CNBC
    In MACHINE, PLATFORM, CROWD: HARNESSING OUR DIGITAL FUTURE, Andrew McAfee and Erik Brynjolfsson explain how businesses can best use AI and crowd wisdom and how leaders should manage amid these massive technological changes. Andrew Lo's ADAPTIVE MARKETS is an analysis on the effectiveness of economic markets. It was on the shortlist of finalists for the Financial Times and McKinsey Business Book of the Year.
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    The sharing economy meets reality
    Published: December 27, 2017
    Outlet: Communications of the ACM (Opinion Piece)
    Prof. Michael A. Cusumano writes: "The sharing economy seems big and growing fast. In 2015, PricewaterhouseCoopers estimated that, from $15 billion in global revenue in 2014, car and room sharing, crowd-funding, personal services, and video and audio streaming would reach $335 billion by 2025..."
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    In a year of nonstop news, a batch of business books worth reading
    Published: December 26, 2017
    Outlet: The New York Times
    If you're a wonk, two books worth nerding out on are ADAPTIVE MARKETS: FINANCIAL EVOLUTION AT THE SPEED OF THOUGHT by Andrew W. Lo, and MACHINE, PLATFORM, CROWD: HARNESSING OUR DIGITAL FUTURE by Andrew McAfee and Erik Brynjolfsson. Fair warning: These books are not beach reads, but they do make significant contributions to the fields they cover.
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    Can AI startups compete with tech giants?
    Published: December 26, 2017
    Outlet: Xconomy (Opinion Piece)
    Peter Hirst, Associate Dean of Executive Education, writes: "If you happen to be a world-famous futurist, inventor, and entrepreneur, what would compel you to take a corporate job? That was one of the questions that I discussed with Ray Kurzweil recently at Synergy Global Forum in New York..."
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