Action Learning
Creating a Live Bird Price Engine for Chickin Indonesia
Chicken is one of the most popular options in Indonesia’s meat industry, valued at $17.5 billion and growing. It’s an affordable, widely available source of protein, as well as a promising market with plenty of room for growth. However, pricing is extremely volatile, as there is no agreed-upon benchmark pricing. Sellers negotiate daily, and prices fluctuate widely based on the city, feed prices, chicken weight class, and other factors. To better predict pricing fluctuations, Chickin Indonesia tasked a team of MIT Sloan Global Entrepreneurship Lab (G-Lab) students with creating a Live Bird Price Engine. The students were eager to take on the challenge.
Learn MoreBringing theory to life
Simply put, Action Learning is learning by doing. Following MIT’s “mens et manus,” or mind and hand philosophy, student teams apply classroom learning to real management opportunities and challenges to become principled, innovative leaders. Through this project work with host organizations, students learn how to work in teams, define and address problems, and reflect on their learning experiences. Though the content of each Action Learning lab or course is unique, these central themes remain the same.
Our impact
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Action Learning Driving adoption of a newly-launched product at Toast
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Action Learning Using analytics to anticipate public health needs
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Action Learning Making Porsches even faster
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Action Learning Bridging real estate and data science
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Action Learning Enhancing AI-assisted coding at Google Colab
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Action Learning Space, robots, and a new AI frontier