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MIT Sloan 2012

MIT Sloan 2012. What Might MIT Sloan Become in this Coming Decade?. Unifying Sloan Themes. Innovation. Leadership. Technology Entrepreneurship & Strategy Dynamics. Transformative Innovations, Emerging Hard & Soft Technologies, Disruptive Challenges.

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MIT Sloan 2012

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  1. MIT Sloan 2012 What Might MIT Sloan Become in this Coming Decade?

  2. Unifying Sloan Themes Innovation Leadership Technology Entrepreneurship & Strategy Dynamics Transformative Innovations, Emerging Hard & Soft Technologies, Disruptive Challenges Effective Organizations, Entre- & Intra-preneurial Leadership Dynamic, Networked Organizations Developmental Innovations, MicroFinance Global Business Strategy, International Development Global

  3. 1. Building2. Envisioning3. Enabling on MIT Sloan’s Legacy How Things Might Be MIT Sloan in 2012

  4. 1. Buildingon 50 Years of MIT Sloan • 2002 is MIT Sloan’s Golden Birthday • Internal Strengths • Substantial Reputation & Core Strengths • External Engagement • Ideas & Alums with Global Consequence • Richer Connections • Much More to be done, understood, changed! • The Future: Towards The Next Half-Century…

  5. 2. EnvisioningPossible & Desirable Sloan Futures • Building on Traditional Strengths towards Unifying Strategic Themes • Seek Broadest & Deepest Possible Local & Global Impact • Really Need an Integrative Campus, Essential Infrastructure, & Proper Resources

  6. (This Means…) • Best People – faculty, students, staff, alums • Best Ideas – research, education, and beyond • Best Reputation – as experience, for products • Best Facilities – physical plant & more • Best Integration – weaving all pieces together • Biggest Impact – dramatic real world consequence

  7. 3. Enablingthis “New Sloan” • Sloan 2012: A School-wide Vision & Fundraising Campaign for this Decade • CampaignGoal: ~ US$500 Million • F.A.S.T. 2012: Rallying Friends, Alums, Students Towards an MIT Sloan 2012 future Making this Future Possibility Real, Sooner Rather than Later, to a Greater vs. Lesser Extent

  8. 1. Building2. Envisioning3. Enabling on MIT Sloan’s Legacy

  9. Sloan Internal Strengths • Departmental Disciplines • Unifying Strategic Themes • Research, Education, Extracurriculars

  10. The Departments & Disciplines • Economics, Finance & Accounting – The Quantitative Disciplines • Management Sciences – The Functional Disciplines • Behavior & Policy Sciences – Strategy, Organizations & Innovation

  11. Classic Disciplinary Strengths 1.1 Embracing the quantitative social sciences, from economics through finance and accounting… Finance, Accounting, & Economics

  12. Classic Disciplinary Strengths 1.2 Including Professors Asquith, Cox, Dornbusch, Forbes, Lo, Modigliani, Myers, Pindyck, Pavlova, Rigobon, Rock, Scharfstein, Schoar, Thurow, … Finance, Accounting, & Economics

  13. Classic Disciplinary Strengths 2.1 Embracing the managerial & functional disciplines of marketing, operations, IT, system dynamics, and more… Finance, Accounting, & Economics Manag’nt Sci, Functional Disciplines

  14. Classic Disciplinary Strengths 2.2 Including Professors Barnett, Dehan, Dussart, Grosof, Hauser, Klein, Little, Magnanti, Prelec, Simester, Sterman, Urban, … Finance, Accounting, & Economics Manag’nt Sci, Functional Disciplines

  15. Classic Disciplinary Strengths 3.1 Embracing the behavioral & policy sciences, including strategy, organizational studies, management of technological innovation, and more… Finance, Accounting, & Economics Manag’nt Sci, Functional Disciplines Behavioral & Policy Science Strat & Org’ns

  16. Classic Disciplinary Strengths 3.2 Including Professors Burton, Henderson, Johnson, Locke, Murray, Roberts, Scott Morton, Utterback, Van Maanen, von Hippel, … Finance, Accounting, & Economics Manag’nt Sci, Functional Disciplines Behavioral & Policy Science Strat & Org’ns

  17. Classic Disciplinary Strengths Classic MIT Sloan Disciplinary Strengths

  18. Given Strengths, What are Sloan’s Unifying Strategic Themes?

  19. Unifying Strategic Themes 1.1 Embracing International business, global trade, emerging markets; increasingly economic development, educating & inspiring Global Citizens… 1

  20. Unifying Strategic Themes 1.2 Collaborationswith Economics Department, Political Science Globalization Project, UN Global Compact; Media Lab Digital Nations… 1

  21. Unifying Strategic Themes 1 1 = Global Development

  22. Unifying Strategic Themes 2.1 Embracing Leadership, Entrepreneurship & Intrapreneurship; Effective Individuals & Organizations; Negotiation, & Salesmanship… Global Development 2

  23. Unifying Strategic Themes 2.2 Effected through Negotiation Curriculum, Leadership Initiative, Entrepreneurship Center, Technology Venture Observatory, and more… Global Development 2

  24. Unifying Strategic Themes 2 2 = Entrepreneurial Effectiveness

  25. Unifying Strategic Themes 3.1 Global Development Embracing Inventions & Discoveries in Hard AND Soft Technologies: Business Implications and Innovations in Socio-Organizational Processes & Business Frameworks… Entrepreneurial Effectiveness 3

  26. Unifying Strategic Themes 3.2 Global Development • Collaborations with • MIT Technology Labs, • MIT alum startup companies, • Virtual Customer Initiative, • Technology Roadmaps, • and more… Entrepreneurial Effectiveness 3

  27. Unifying Strategic Themes 3 3 = Transformative Innovations

  28. Unifying Strategic Themes Unifying Strategic Themes Classic MIT Sloan Disciplinary Strengths

  29. Classic Disciplinary Strengths Classic MIT Sloan Disciplinary Strengths

  30. CombiningClassic Strengths x Unifying Themes Sloan Matrix Unifying Strategic Themes Classic MIT Sloan Disciplinary Strengths

  31. Mapping MIT’s Triad of Activitiesto this Sloan Matrix • Research • Compelling Questions • Faculty Strengths • Focused Centers • Education • Rigorous Classes • Degree Programs • Professional Tracks • Extracurriculars / Community • Student Clubs • Strategic Conferences • Startup Companies http://web.mit.edu/committees/sll/tf.html

  32. MIT Sloan Matrix 1. Research2. Education3. Extracurriculars Emerging Strategic Thrusts Classic MIT Sloan Disciplinary Strengths

  33. MIT Sloan Matrix Research: Pioneering Scholarship Unifying Strategic Themes Black-Scholes http://bradley.edu/~arr/bsm/model.html Classic MIT Sloan Disciplinary Strengths

  34. Research:MIT Sloan 50th Birthday Questions • Impact of Emerging Technologies? • Impact of IT on Marketing? • Globalization & Corporate Citizenship? • Loyalty & Business Organizations? • Financial Management in Eurasia?

  35. Research:50th Birthday Question # 1 What are the important technologies of the next decade, and how will they change management and organizations? Faculty Leader: Rebecca Henderson

  36. MIT Sloan Matrix Research: 50th Birthday Questions Unifying Strategic Themes Q1 Classic MIT Sloan Disciplinary Strengths

  37. Research:50th Birthday Question # 2 Will information technology change marketing by empowering consumers and enhancing competition, or will it enable and facilitate marketing automation? Faculty Leader: Glen Urban

  38. MIT Sloan Matrix Research: 50th Birthday Questions Unifying Strategic Themes Q2 Q1 Classic MIT Sloan Disciplinary Strengths

  39. Research:50th Birthday Question # 3 How will globalization change the nature and definition of corporate citizenship? Faculty Leader: Richard Locke

  40. MIT Sloan Matrix Research: 50th Birthday Questions Q3 Unifying Strategic Themes Q2 Q1 Classic MIT Sloan Disciplinary Strengths

  41. Research:50th Birthday Question # 4 How will business organizations change in the future – is loyalty dead? Faculty Leaders: Tom Kochan & Wanda Orlikowski

  42. MIT Sloan Matrix Research: 50th Birthday Questions Q3 Q4 Unifying Strategic Themes Q2 Q1 Classic MIT Sloan Disciplinary Strengths

  43. Research:50th Birthday Question # 5 Financial Management and corporate governance in Europe and China. Faculty Leader: Stew Myers

  44. MIT Sloan Matrix Research:50th Birthday Questions Q5 Q3 Q4 Unifying Strategic Themes Q2 Q1 Classic MIT Sloan Disciplinary Strengths

  45. MIT Sloan Matrix Research:Example New Faculty Hires Unifying Strategic Themes Classic MIT Sloan Disciplinary Strengths

  46. MIT Sloan Matrix Research: Example Centers & Initiatives Global Governance IWER Finance Lab Unifying Strategic Themes Virtual Customer Classic MIT Sloan Disciplinary Strengths

  47. MIT Sloan Matrix 1. Research2. Education3. Extracurriculars Emerging Strategic Thrusts Classic MIT Sloan Disciplinary Strengths

  48. MIT Sloan Matrix Education:Example MBA Tracks SMAC Fin’l Mgt NPVD Unifying Strategic Themes Fin’l Eng Digital Biz ITBT Classic MIT Sloan Disciplinary Strengths

  49. MIT Sloan Matrix Education:Example Broad Initiatives Leadership Negotiation Unifying Strategic Themes Entrepreneurship Classic MIT Sloan Disciplinary Strengths

  50. Education:MIT Sloan Exec Ed • MOT & Sloan Fellow Year-Long Masters • Week-Long Essentials • 2-Day Intensives • Custom Crafted Courses • Strategic Relationships • Repeat Business • Research Connections w/ rest of MIT

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