Posted by MIT Sloan Executive Education - 4 months and 8 days ago
In mid-May, MIT Sloan held the twelfth annual MIT Sloan CIO Symposium, which attracted more than 700 senior-level IT executives from around the world. The panel discussions spanned a wide range of topics, from the Internet of Things (IoT) to data privacy and cyber security, to the evolution of platform-as-a-service companies.
One of the day's early sessions gave attendees insights into the current state of automation, and where it will be going. When it comes to automation, the big question is "will robots take our jobs?" The answer is both yes and no.
Posted by MIT Sloan Executive Education - 4 months and 21 days ago
Walk down Broadway Street in Kendall Square today and no matter where you turn there is something exciting brewing: a new biotech company, a trendy restaurant, or a venture capital-funded think tank.
However, four decades ago that wasn't the case. If you drove down Main Street in the 1970s, you were more likely to find abandoned buildings and empty factories. In contrast, today the area is a hotbed of innovation, entrepreneurship, and cutting-edge technology--as well as home to more than 150 high-tech companies, including global corporate giants like Genzyme, Google, Microsoft, and Biogen Idec. Another "giant" in the city—and one of the main reasons the area is known as an innovation hub--is MIT, the institution that has collaborated with the city to revitalize the area and has played an integral part in the area's resurgence.
"Kendall Square is the epicenter, but the reach is all around the edge of campus, "says MIT Provost Martin Schmidt, who is also Co-Chair of the MIT Building Committee. According to Schmidt, there’s a plan afoot to create "a gateway and a sense of destination" in Kendall Square. In 2013, the City of Cambridge approved MIT's petition to transform 26 acres of Institute-owned property in the Kendall Square/East Campus area. The new zoning will preserve existing academic development potential and enable the creation of new housing, retail, lab and commercial space, as well as more engaging open space. Schmidt says future plans also include a new home for the MIT Museum, as well as more academic space, graduate dormitories, and a childcare center.
Economy Minister Edwina Hart said she was delighted that Wales has been selected to join REAP, adding that "the program builds on the extensive work already carried out in Wales to promote and support entrepreneurship."
Wales is one of eight regions selected from Europe, Asia, and South America to join the third cohort, which launches with the first of four interactive workshops at MIT in October 2015. As part of the program, each region selects a multi-disciplinary team of influential members who represent five key stakeholders--government, finance, academia, industry, and entrepreneurs--that inform and influence regional strategy.
Course participants attend two-and-a-half day workshops twice a year for at least two years. On site, they are exposed to the theory and practice of developing regional clusters of innovation-based entrepreneurship, collaborate by breaking down traditional boundaries, and focus on the common purpose of regional economic development.
Posted by MIT Sloan Executive Education - 7 months and 16 days ago
Accenture, the global management consulting, technology services and outsourcing company, is working in collaboration with MIT Sloan Executive Education to develop the Accenture Technology Executive Development Program, which kicked off earlier this month. This exciting custom program is designed to encourage thinking radically and differently about technology in order to bring innovative and disruptive solutions to clients.
The custom tailored Accenture Technology Executive Development Program will give select Accenture Technology professionals a unique opportunity to learn from MIT Sloan faculty, Accenture leadership, and their peers. It focuses on the growing, changing role of technology within organizations and how leaders can harness technology to increase an organization's agility as well as prepare for future demands.
"Technology is changing at an unprecedented rate and innovation is more important than ever," says Paul Daugherty, Chief Technology Officer at Accenture. "This program will help our future leaders stay on top of the changes and understand how new innovations can help our clients grow and stay competitive."
This year's EDP gradating class included 132 participants from 32 countries—including Nepal, Scotland, Saudi Arabia, Estonia, and Korea. Within the first three hours of the program, participants formed teams around 20 innovation-driven business ideas pitched on the spot. These diverse groups of global executives then embarked on the most intensive week of hands-on learning, rigorous academics, and spirited competition that MIT has to offer.
Posted by MIT Sloan Executive Education - 8 months and 13 days ago
Each new year brings with it the inevitable list of resolutions to improve ourselves, personally or professionally. While some goals may be more difficult than others to attain, MIT Sloan Executive Education offers a goal that is easy to achieve: a reading list of business books from MIT Sloan experts. Check out these recent titles, written by our faculty.
Posted by MIT Sloan Executive Education - 8 months and 22 days ago
It's a big news week for the MIT Innovation Initiative. First, Associate Dean for Innovation and Co-Director of the MIT Innovation Initiative Fiona Murray was honored by Queen Elizabeth with the CBE (Commander of the British Empire) award. Murray received the award in recognition for her services to the United Kingdom in entrepreneurship and innovation. As the Boston Globe reported, fellow honorees included Joan Collins of Dynasty, British actress Kristin Scott Thomas, and poet Carol Ann Duffy.
And Murray isn’t the only "celebrity" involved with MIT's Innovation Initiative. On January 13, 2015, MIT announced that former Massachusetts Governor Deval Patrick would become a visiting fellow at the Innovation Initiative. In this new role, the former governor will make "regular appearances at campus events, including seminars with students and faculty."
Posted by MIT Sloan Executive Education - 10 months and 19 days ago
MIT has long been recognized as a pinnacle of science, technology, and all things innovative. And, it has the credentials to prove it: in the last few years the institution has been recognized as the #1 college in the country by QS, a leading global career and education network; as the fifth-best college in the country by Forbes; and at or near the top in nearly every category in the U.S. News &World Report's annual rankings of the United States’ best colleges and universities.
These honors are certainly noteworthy in and of themselves, but to put them into perspective it helps to examine arguably the most remarkable honor of all: if MIT were a country, it would have the 11th largest economy in the world.
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