Posted by MIT Sloan Executive Education - 2 days ago
Projections for the economy in Greece are dire. Economic recovery is not certain, and when it comes, it will certainly be long and painful. And despite BloombergView stating, "While not out of the woods, Greece’s large banks seem to be showing signs of life," there’s still widespread unemployment and an overall bleak outlook.
Phil Budden, Senior Lecturer at MIT Sloan, argues in Fortunethat the current fiscal crisis can be turned into an opportunity for the country. Budden recommends the country and its people follow the advice of Winston Churchill by "never letting a crisis go to waste." Greece might follow the example of other countries that have struggled economically, and it could begin to "gradually shift its focus away from macroeconomic problems and toward the task of creating an innovation ecosystem."
Posted by MIT Sloan Executive Education - 30 days ago
Current U.S. health care reform has renewed focus for doctors on improving both quality and efficiency in care delivery, providing an impetus to think like managers in highly complex organizations and to use skills not typically taught in medical schools. Doctors working in academic medical centers face an even bigger challenge, as these organizations are equal parts hospitals, medical training institutions, and research facilities.
In response to these reforms, the anesthesiology department heads at several Boston-area academic medical centers turned to MIT Sloan Executive Education to empower some of their medical professionals with leadership skills that would help to improve patient care.
Working closely with the leadership of Anesthesiology departments, MIT Sloan faculty and Executive Education staff created a cross-institutional, custom program to enable anesthesiologists to solve some of their most persistent problems and to become leaders of change in their organization. All aspects of the program--from teaching curriculum to action-learning projects--were designed to address specific challenges and provide tools that could be applied in actual hospital settings and achieve tangible results.
Posted by MIT Sloan Executive Education - 1 month and 21 days ago
A new book, System Architecture: Strategy and Product Development for Complex Systems, by Bruce Cameron, Director of the System Architecture Lab at MIT and a Lecturer in Engineering Systems, focuses on modern complex systems and the science behind them. It is the result of 20 years of research by Cameron and his fellow co-authors Edward F. Crawley, President of the Skolkovo Institute of Science and Technology in Moscow and Daniel Selva, a Professor of Mechanical and Aerospace Engineering at Cornell.
At the highest level, Cameron explains how to look at system architecture as a series of decisions that can be actively sorted and managed. Readers are provided with examples of good architectures and the modes of thinking required to analyze system architectures. The case studies presented range from building farm equipment to the International Space Station.
Posted by MIT Sloan Executive Education - 1 month and 18 days ago
Thomas Kochan, the George Maverick Bunker Professor of Work and Employment Research and Engineering Systems at MIT Sloan School of Management, and the Co-Director for the Institute for Work and Employment Research at MIT was recently named the "Lifetime Achievement" award winner of this year's prestigious Aspen Faculty Pioneer Awards from the Aspen Institute of Business & Society Program. The Faculty Pioneer Awards were created in 1999 to honor educators who "demonstrate leadership and risk-taking--and blaze a trail toward curriculum that deeply examines the relationships between capital markets, firms and the public good."
According to the Aspen Institute Business & Society Program, the focus on this year's awards was to recognize and honor faculty who are teaching about inequality in their MBA classrooms. The awards honor faculty who are prompting students to think expansively about their role as managers as well as global citizens, now and over the long term.
What is your role at your company? Are there particular challenges you face that prompted you to enroll in executive education?
I currently work as a Project Leader for FedEx Trade Networks, the freight forwarding and customs brokerage arm of global shipping giant FedEx Corp. At the core of our corporate mission is delivering and exceeding customer expectations, what we call the "Purple Promise." I am responsible for overseeing and leading projects in regard to air/ocean global transportation and acting as the middleman across departments to solve issues that might impact product development and service quality. I also analyze development opportunities and support top management decision-making.
As we continue to grow and change in terms of internal organizational structure, new products and services--as well as the high velocity of industry changes in the recent years--there is a strong focus on continuous process improvement. Change is considered to be a survival competitive strategy rather than luxury or situational.
Posted by MIT Sloan Executive Education - 2 months and 12 days ago
We are excited to announce that several of our MIT Sloan Executive Education faculty members have been named to the biennial Thinkers50 awards.
The Thinkers50 was launched in 2001 as the first-ever global ranking of management thinkers. Its goal is to identify and share the best management thinking in the world, and it has been described by the Financial Times as the "Oscars of management thinking." The list offers several categories, including Breakthrough Idea Award, Digital Thinking Award, Ideas into Practice Award, Innovation Award, Leadership Award, Social Enterprise Award, Strategy Award, Talent Award, RADAR Award and Lifetime Achievement Award.
Posted by MIT Sloan Executive Education - 3 months and 3 days ago
MIT Sloan Executive Education recently offered a unique, online course that took place in a live, virtual classroom. Essential Law for Entrepreneurs in Innovation-Driven Startups and Growth Companies 4Dx was offered in six two-hour, live online sessions taking place once a week over six weeks. The primary goal of the program was to help participants navigate the distinctive law-sensitive challenges that are critical to the success of new ventures. The course was taught by MIT Sloan Senior Lecturer John Akula.
To learn more about the program from a participant's perspective, we interviewed Susan Chesley Fant, an attendee of the recently concluded program. Susan is the Executive Director of the Foresight Education and Research Network, an online network she founded for foresight and long-term strategy professionals with over 3,500+ members worldwide. She is also a digital and social media marketing strategist with Castle Sands LLC and an instructor of digital and social media marketing at the University of Alabama.
What prompted you to enroll in Essential Law for Entrepreneurs in Innovation-Driven Startups and Growth Companies 4Dx?
I really wanted the opportunity to be a student again and learn more about MIT Sloan and entrepreneurship. I'm a fairly young entrepreneur, and I want to be able to guide my decision-making and perspective by learning from a well-known and excellent program. Diversity of ideas is important, and the diverse faculty and student population was a key selling point for me. I enjoyed the class because I was able to learn alongside people from around the world and learn the perspective of faculty and guest speakers, whom I quite possibly would never have had the opportunity to meet otherwise.
I want to further my education without leaving my full time work. I hope to be a lifelong learner, and the MIT Sloan program definitely fits this description for me. In the future, I hope to pursue an Ed.D or Ph.D and focus in on business, technology, and the future of education. Participating in the virtual environment was especially exciting to me. Participating with an institute of learning known for being on the cutting edge of technology was major bonus.
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