Category: Management and Leadership

The odd man out may make for a better team

Posted by MIT Sloan Executive Education - 9 days ago

Understanding dispersed team dynamics is a timely consideration, as non-traditional teams are becoming more and more commonplace. Corporations are cutting down on real estate costs, offering employees more flexible work models, and investing in expertise located anywhere and everywhere around the world, resulting in geographically dispersed collaborations. While collocated teams (every team member working on the same site) may have the advantage over dispersed teams in many respects, studies show that more thoughtful configuration of dispersed teams may actually give them the upper hand.

“Within dispersed teams, there is first and foremost a mutual knowledge problem,” says JoAnne Yates, Sloan Distinguished Professor of Management, who teaches in the new, upcoming Executive Education program, Communication and Persuasion in the Digital Age. “When you’re collocated in the same building, you are aware of what your team members know and do not know. And you understand context. When working across distances, this is not necessarily true, and there are all kinds of failures that can come from that. You may not, for example, understand delays in communication. When you don’t get a response right away and you’re expecting one, you make all kinds of assumptions, and most are disparaging about the other party. Then perhaps you find out there was a holiday—like Patriot’s Day, which occurs only in Massachusetts. It’s important to have ways of understanding the specific context your colleagues are working in and of establishing trust and common ground.”

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Changing the mind of a leader—literally

Posted by MIT Sloan Executive Education - 24 days ago

Today’s most effective leaders are skilled at making sense of complex environments. They are continually moving away from "command and control" leadership models to a "cultivate and coordinate" approach. These leaders harness “aha” moments and turn them into business innovations. And they take risks on a regular basis in order to revise their map of what’s really going on in their organization and the marketplace in which they operate. These leaders are internally powered by an innovative mindset that quite truly changes the playing field in which all businesses operate.


Then there are the rest of us—the vast majority of people in management and leadership positions—who fear failure and whose ability to innovate is underutilized; whose safety-first approach to doing business has likely served us well in the past but is now holding us back. 

What if you’re the kind of leader who feels stuck in old ways of doing things? What if you’d rather not be? Is it really possible to change your mindset—or the mindsets of your team?

Management experts are looking to neuroscience for the answer, and the answer appears to be a resounding “YES.” By probing the neural roots of behavior, brain science is helping leaders create change in themselves and in others and may indeed have great implications for the world of work. 

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It’s time to rethink wages

Posted by MIT Sloan Executive Education - 2 months and 14 days ago

For the last year or so, there’s been a significant amount of news coverage around the wages paid to low-income earners, such as those working at fast food outlets and in retail stores. There have been public protests, calls for boycotts, and legislation to raise the minimum wage in some states.

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Corporate boards miss out when they don’t include women

Posted by MIT Sloan Executive Education - 2 months and 20 days ago

Shirley Leung, Business Columnist for The Boston Globe has written extensively—and frequently—about the dearth of women on corporate boards. In her piece, “Across Health Care Board Rooms, That’s Madam Chairman to You,” she discusses the growing role of women on health care boards (nearly a third of Massachusetts-based hospitals have a woman running the board for the first time) and she compares the trend to the fact that only three percent of Fortune 500 companies have female board chairs.

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The big data skill set

Posted by MIT Sloan Executive Education - 2 months and 28 days ago

A while ago, Professor Tom Davenport, Fellow with the MIT Center for Digital Business, proclaimed that “data scientist” would be the “sexiest” job in the 21st century. This topic was discussed at The 2014 MIT Sloan CIO Symposium, both during the session moderated by Davenport, “Big Data, Analytics and Insights,” and at one of the Big Data “Birds of a Feather” luncheon tables.

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MIT Sloan Executive Education partners with Haiti

Posted by MIT Sloan Executive Education - 2 months and 30 days ago

Strong leadership and innovation are ideals and skills that should not be limited to the business world. In fact, one could make a strong argument that innovation is needed more in non-profit and government organizations than in corporations. Of course, we’d argue that innovation is needed everywhere. And, that nearly every kind of organization can benefit from it.

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Process improvement—useful does not mean used

Posted by MIT Sloan Executive Education - 3 months and 3 days ago

Lean production, high performance work systems, virtual communications, and collaboration applications are all examples of the latest tools, technology, and processes executives are encouraged to implement in efforts to improve productivity and efficiency. But why are there more useful tools and processes out there than there are organizations that use them?

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The digital business transformation imperative

Posted by MIT Sloan Executive Education - 3 months and 4 days ago

“What exactly does a digital business transformation mean?” asked Michael Krigsman, CEO of Asuret, Inc., and moderator of the "CIO, CMO, CDO Perspectives on Digital Transformation" panel at The 2014 MIT Sloan CIO Symposium.

Each of the panelists—F. Thaddeus Arroyo, CIO of AT&T Services, Inc.; Robert Tas, CMO & SVP of Pegasystems; Tanya Cordrey, Chief Digital Officer (CDO) of Guardian News and Media; and George Westerman, Research Scientist at the MIT Center for Digital Business—had his or her own take on the digital transformation facing most businesses today. 

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