A reading list resolution that's easy to keep: Recent books by MIT Sloan faculty

Posted by MIT Sloan Executive Education - 2 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. 


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News on MIT's Innovation Initiative

Posted by MIT Sloan Executive Education - 11 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."

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Authors of Leading Digital share how leadership and vision drive digital transformation

Posted by MIT Sloan Executive Education - 8 days ago

While young and eager employees are often credited with moving innovation at their companies, research shows that true technological transformation—such as those achieved by "Digital Masters"—must come from the top down.

For their new book Leading Digital: Turning Technology into Business Transformation, authors Andrew McAfeeGeorge Westerman, and Didier Bonnet, spent years researching companies they call “digital masters:” organizations that were not born digital, but have leveraged digital technologies to drive new levels of productivity, profit and efficiency.

In this video, posted to MIT Sloan Reviews, the authors explain that Digital Masters "excel in two critical dimensions: the what of technology and the how of leading change."

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You can't eat a strategy

Posted by MIT Sloan Executive Education - 15 days ago

Contributed by Executive Certificate holder Charles Compo

In Developing and Managing a Successful Technology and Product Strategy at MIT Sloan School of Executive Education, Professor Rebecca Henderson asked the question, “Why even have a strategy?” The answer was surprisingly simple—to help us make choices. Effective strategies answer three key questions: How will we create value? How will we deliver value? How will we capture value?

Over the last twenty years I've had the unique experience of having interviewed and met with more than a thousand CEOs of privately-held middle market companies. These are companies spanning a variety of industries, from industrial manufacturing to food distribution to software and services, earning between $10 million—$500 million in annual revenue.  Most of these companies are founder owned, or multi-generational family owned businesses.

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Thought leaders at MIT Sloan weigh in on business trends for 2015

Posted by MIT Sloan Executive Education - 18 days ago

We asked five MIT thought leaders for their take on forthcoming business trends. Here’s what they have to say:

Entrepreneurship is on the increase

“Interest in entrepreneurship is accelerating. Corporations, governments, and students alike continue to seek people, processes, and initiatives that will make them more innovative and entrepreneurial. Leaders are coming to understand that entrepreneurship can no longer be seen as a magical, mysterious black box, but as a vital, teachable set of skills and knowledge.”

--William Aulet, MIT Sloan Senior Lecturer, Managing Director of The Martin (1958) Trust Center for MIT Entrepreneurship
Teaches in the Entrepreneurship Development Program, the Executive Program in General Management: India-U.S.-Online, and the MIT Regional Entrepreneurship Acceleration Program
Author of Disciplined Entrepreneurship: 24 Steps to a Successful Startup 

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Here's to the power of 40 winks: HubSpot CEO on napping

Posted by MIT Sloan Executive Education - 26 days ago

When asked what's so powerful about the mid-day nap, Brian Halligan, Founder and CEO of HubSpot--the highly successful inbound marketing company headquartered in Cambridge, Massachusetts--says he discovered its benefits from personal experience. The savvy entrepreneur says he found that in any given month he might have one or two great ideas and a slew of mediocre ones. As it turns out those few great ideas almost always happened when he was just falling asleep or just waking up.

"There’s something about that in-between state of sleep that is dramatically under-utilized. Just at the time your brain is not thinking about a given problem, the solution will pop into your head."

Once he recognized the pattern, Halligan decided to create fertile ground for more great ideas. For starters, Halligan stopped setting his alarm clock on weekends and--you guessed it--started napping more. "One of my New Year’s resolutions this year was to work less and think more." Ironically, napping is a big part of that. Halligan says a nap can pack a one-two punch: on the way in and out of the nap, the mind is "open to great ideas, and after a nap, the brain is kind of re-set."

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Tackling Climate Change—Collectively

Posted by MIT Sloan Executive Education - 1 month and 5 days ago

Climate change is an enormous issue that affects us all. Unfortunately—according to MIT Sloan Professor Tom Malone and his colleagues at the MIT Center for Collective Intelligence—national legislative initiatives, while significant, haven’t done enough. However, now through a crowdsourcing platform called the Climate CoLab, people throughout the world can collaborate with experts and contribute ideas that might alleviate the climate change problem. 

The old adage, two heads are better than one, has never been more applicable than at the Climate CoLab, a virtual think tank based at the Center. Except instead of two heads, we’re talking about 33,000. The Climate CoLab is a platform that gives anyone from anywhere the opportunity to collaborate with experts to create and develop possible solutions that address climate change. By its very nature the Climate CoLab community is diverse—comprised of a mix of concerned citizens, business people, and investors, as well as scientists and policy makers. Talk about collaboration.

 “Anyone is allowed to contribute. No matter who a person is or where they come from, they can contribute ideas and have them reviewed by an international community of thousands of people—including world-renowned experts from organizations like NASA, the World Bank, and the Union of Concerned Scientists, and leading universities like MIT, Stanford, and Columbia,” says Malone, who is Director of the Center and principal investigator for the Climate CoLab. 

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Come drink from the fire hose—EDP is just around the corner

Posted by MIT Sloan Executive Education - 1 month and 6 days ago

Entrepreneurship is more than a mindset—it's a skill set. Which is why MIT Sloan Executive Education offers a weeklong program dedicated to entire venture creation process. The Entrepreneurship Development Program (January 25–30) proves that the recipe for a successful start-up can be taught and draws from MIT's vast culture of innovation and entrepreneurship. From generating ideas to building viable global businesses and sparking technology clusters, this unique course introduces participants to MIT's entrepreneurial education programs, technology transfer system, and global entrepreneurial network.

Bill Aulet, the program's faculty director, has often likened the EDP experience as "drinking from a fire hose," referring to the exciting bombardment of captivating lectures, guest speakers, group discussions, and idea pitching. Aulet is Managing Director of the Martin Trust Center for MIT Entrepreneurship, which is responsible for entrepreneurship across all five schools at MIT. For this program he is joined by his colleagues at the Center, including Fiona Murray, Faculty Director and the Associate Dean of Innovation at MIT Sloan

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