MIT Sloan Executive Education faculty are world renowned for their research and cutting-edge business thinking. Publications and news outlets seek their expert advice on everything from concise decision making to optimizing shareholder returns to executing complex business strategies. Here are just a few of their many recent takeaways circulating in the media.
Bob Pozen on making big decisions, The Economist: "If you spend two months researching an issue before making a decision, you'll waste time gathering irrelevant facts and may miss critical issues. Start ruling out options after just two days and keep making tentative conclusions to focus your research and make better decisions faster."
Zeynep Ton on happier employees and higher profits, CNN: "The tradeoff between low prices and good prices is actually a false tradeoff. If companies run their operations well, they can have low prices, good jobs, and great shareholder returns at the same time."
Deborah Ancona on new management structures, Fast Company: "Leaders will come in and they'll change the structure without realizing that they haven't changed the norms of how things get done. People don't take the initiative that you need in that kind of structure because the culture is still one of hierarchy."