Mitsloan Celebrating Our Past, Inventing the Future Mitsloan Celebrating Our Past, Inventing the Future

Total Page:16

File Type:pdf, Size:1020Kb

Mitsloan Celebrating Our Past, Inventing the Future Mitsloan Celebrating Our Past, Inventing the Future MITSloan Celebrating Our Past, Inventing The Future MITSloan Celebrating Our Past, Inventing The Future LR / TOM Contents MIT Sloan: Celebrating Our Past, Inventing The Future © 2014 MIT Sloan First published in 2014 by Third Millennium Publishing Limited, Foreword 6 a subsidiary of Third Millennium Information Limited in conjunction with MIT Sloan. Introduction 8 Boston • London Third Millennium Publishing Limited 2–5 Benjamin Street, London United Kingdom EC1M 5QL 1. Origins of Management Education 10 www.tmiltd.com ISBN: 978 1 908990 00 6 2. Economics, Finance, and Accounting 34 All rights reserved. No part of this publication may be reproduced in any format whatsoever without the written permission of the 3. Management Science 58 publishers and of the copyright owner or owners concerned. Library of Congress Control Number: xxxxxxxxx 4. People and Organizations 82 Editor: Tracey Palmer Managing editor: Susan Millership 5. Entrepreneurship and Innovation 106 Lead writers: Catherine Canney, Michelle Choate, Dave Demerjian, André Guillemin, Tracey Palmer, Kathleen Thurston-Lightly, 6. MIT Sloan in the World 128 Robert Thurston-Lighty, Natasha Waibel Copy editing: Rowena Anketell 7. Building Community 152 Design: Matthew Wilson Production: Bonnie Murray Proofreading: Neil Burkey Indexing: Ian Craine Appendix 192 Reprographics by Asia Graphic Printing Ltd, Hong Kong LR / TOM List of Sponsors 194 Printed and bound in China by 1010 Printing International Limited on acid free paper from sustainable forestry. Index 202 Set in Benton Sans on 95lb/140gsm matte art Acknowledgments 208 Foreword 6 7 Introduction 8 9 Origins of Management Education 1 The origin and early evolution of management education at the Massachusetts Institute of Technology is a story of extraordinary human character. It is also a story of pioneering ideas, not necessarily lofty, and certainly not devoid of practical purpose. The story’s arc, and its importance, arise from the way specific elements of character were applied to certain ideas, during fleeting moments of great opportunity, inflection, and need. While most business schools focus on current practices and making them better, MIT Sloan has always looked to what’s next—inventing the future. A community of thinkers inclined to create, with the courage to innovate, and the inspiration to lead. And because the School has always been deeply connected to its larger educational institution, the Massachusetts Institute of Technology, management is approached with a scientific rigor and fact-based examination—a solid base for the bold new ideas that sprung out of MIT Sloan’s entrepreneurial culture. This is the story of how Course XV and management education came to be at MIT. Although many talented and dedicated men and women played important roles, this early part of MIT Sloan’s history is best told through the stories of six visionary men. In turn, these forward-thinking leaders demonstrated audacity, fortitude, adaptability, inventive genius, and charisma in service of mission. And, as it happened, they offered these strengths to MIT exactly when the Institute needed them. William Barton Rogers and a plan for “a Polytechnic School in Boston” A geologist and physicist by training, William Barton Rogers lived during a new age of industrialization. In the mid-1800s, he would have witnessed advances in steel, railroads, “The Institute was established for Left: MIT School of the advancement, Industrial Management faculty and administration, development and (l–r) Robert Gregory, Jay Forrester, Douglass practical application of Brown, Penn Brooks, science in connection Gerald Tallman, Elting Morison, Gregory Chow, with arts, agriculture, Howard Johnson, 1955. manufactures, and Right: William Barton Rogers served as MIT commerce…” president from 1862–70, then again from 1879–81. –From MIT’s charter, 1861 MIT Sloan: Celebrating Our Past, Inventing The Future Origins of Management Education / 01 “Organized the School! Fifteen Francis Amasa Walker and political economy students entered. May not this One of Rogers’ most significant contributions to MIT and management education occurred in 1881, when he recruited prove a memorable day!” a professor from Yale’s Sheffield Scientific School to be MIT’s –William Barton Rogers, February 20, 1865, new president. A Civil War brigadier general, Francis Amasa written in his diary on the first day of MIT classes Walker was a second-generation economist, and internationally recognized authority on statistics and political economy. The political economy lectures he gave in the Science & Literature Course attracted a large following. In 1882, Science & Literature students would use their own hands to test theories and make was renamed General Studies and given its own course— discoveries. Learning and doing were linked in his mind, and Course IX. Walker led the new department and expanded its would become a driving principle of MIT for 150 years. Mens et offerings in history, economics, language, and literature. With Manus—Mind and Hand—the Institute’s motto, is as true today references to “economics,” “banking,” “trade,” and “business,” as it was more than a century and a half ago. this description of Course IX, from the 1892–93 MIT Catalog, On April 10, 1861, the Massachusetts legislature authorized begins to sound a lot like Course XV: a charter officially creating the Massachusetts Institute of Technology. Two days later, the Civil War began. Rogers’ school “The course is designed especially for those students who steamships, oil and gas, and electricity. His life would have been would have to wait. Massachusetts Governor John Andrew wish to secure an education based upon scientific study and altered forever by a record number of new inventions, including suggested that Rogers start his school at Harvard instead, MIT finished construction Industrial Science curriculum included a four-year sequence experiment but including a larger amount of philosophical study the light bulb, telephone, sewing machine, and typewriter. avoiding duplication of courses offered at Harvard’s Lawrence of the building that called Science & Literature. All students were required to take in history, economics, language, and literature than would be would later be named From America’s creation in 1776 to 1860, the United States Scientific School. Rogers was stanchly opposed. On February some general studies classes in this sequence, emphasizing consistent with the technical requirements of the other courses. the Rogers Building, 20, 1865, nearly 20 years after Rogers’ letter to his brother, government issued about 36,000 patents, but from 1860 to located on Boylston economics, English, history, law, and modern languages. It It is adapted to the needs of those who expect to engage in trade, Roger’s 1846 letter to 1890, it issued a staggering 440,000. These new products opened its doors in the Back Bay with 15 students and six Street between Berkeley was in this general studies core that the seeds of management banking, or manufacturing … It is particularly intended for those his brother describing and Clarendon Streets and procedures revolutionized industry and fueled a period instructors. The first regular session began in October of that “a polytechnic school in education at the Institute first took root. who seek administrative positions in business …” in Boston’s Back Bay, of unprecedented economic growth in the United States, year, with 72 students. From the beginning, MIT’s School of Boston”. in 1866. cementing the country’s status as a leading global industrial Davis R. Dewey and Course XV power. In this heady gilded age, Rogers formed a visionary In 1886 Walker hired a young economist from Johns Hopkins goal—“a Polytechnic School in Boston.” In a letter he wrote named Davis R. Dewey. If there is one man responsible for to his brother in 1846, Rogers outlined a bold plan. He spoke the rise of management education at MIT it is “Dr. Dewey,” about the need for a school relevant to the times and to the as he was affectionately known. With his arrival, MIT nation’s needs, “conducive to the progress of invention” and added an increasing number of economics, business, and “the development of an enlightened industry.” The idea was administration-related classes. One of the most important revolutionary. In a clear dissent from the common view of was political economy. The class covered a variety of topics higher education of his day, Rogers believed that in an industrial over time, but Dewey made sure its content was always timely society, science and technology were legitimate foundations of and responsive to the needs of students and industry— just higher education.Teaching and research with relevance to the as William Barton Rogers would have wanted. Dewey was practical world was his guiding concept. Rogers called it “exact not only an effective administrator but also a respected instruction in useful knowledge.” Rogers’ other novel idea, of scholar. He wrote prolifically, consulted widely, and remained linking science and business, made perfect sense in this era. President Francis Amasa a recognized leader in his profession, most notably as And the methodology for teaching he proposed—a departure HTTP:// Walker’s initiatives president of the American Economic Association. Dewey was from the strict lecture format devoted to classical studies— MUSEUM.MIT. were prophesies of also known as an excellent teacher, well loved by students LR what education in the was another innovation. Rogers envisioned
Recommended publications
  • Supplement to Appendices 1994-2009
    NIST Special Publication 955 Suppl. Responding to National Needs: Supplement to Appendices 1994-2009 Compiled and edited by: Keith Martin Barbara P. Silcox National Institute of Standards and Technology • U.S. Department of Commerce Responding to National Needs: Supplement to Appendices 1994-2009 Compiled and edited by: Keith Martin Barbara P. Silcox Electronic Composition: Karen Wick May 2010 U.S. Department of Commerce Gary Locke, Secretary National Institute of Standards and Technology Patrick D. Gallagher, Director FOREWORD This Supplement to Appendices is a continuation of the data collected in the appendices of NIST Special Publication 955, Responding to National Needs: The National Bureau of Standards Becomes the National Institute of Standards and Technology 1969-1993, by James F. Schooley, November 2000. It incorporates, and therefore supersedes, the previous Supplement published July 2002. This current Supplement covers the period 1993-2009. The data will be used to support the research and compilation of the fourth volume of the NBS/NIST history series. Since the publishing of the first Supplement, NIST has had several accomplishments worthy of noting. During this period, NIST had its third Nobel Prize winner in Physics. John L. (Jan) Hall of the NIST Physics Lab and the University of Colorado at Boulder, and Theodor W. Hänsch of the Max-Planck-Institute of Quantum Optics, Garching and Ludwig-Maximilians-Universität, Munich, Germany, were named winners of the 2005 Nobel Prize in Physics, sharing the honor with Roy J. Glauber of Harvard University. Hall shares the Nobel Prize with Hänsch, “for their contributions to the development of laser-based precision spectroscopy, including the optical frequency comb technique.” In 2004, NIST made big advances in a small area by building the world’s smallest atomic clock.
    [Show full text]
  • Richard M. Locke Education Academic Appointments
    RICHARD M. LOCKE PROVOST BROWN UNIVERSITY ONE PROSPECT STREET, BOX 1862, PROVIDENCE, RI 02912 USA 401-863-2706 [email protected] EDUCATION Massachusetts Institute of Technology Ph.D. February 1989 Doctorate in Political Science Thesis: Local Politics and Industrial Adjustment: The Political Economy of Italy in the 1980s University of Chicago M.A. June 1990 Master of Arts in Education Università Degli Studi di Milano 1986-1987 Visiting student Wesleyan University B.A. June 1981 Bachelor of Arts, College of Letters ACADEMIC APPOINTMENTS Brown University Provost July 2015-present Schreiber Family Professor of Political Science and International and Public Affairs January 2018-present Professor of Political Science and International and Public Affairs July 2013-present Howard R. Swearer Director of the July 2013-January 2016 Thomas J. Watson Institute for International and Public Affairs Massachusetts Institute of Technology Class of 1922 Professor of Political Science and Management 2010-2013 Full Professor of Management and Political Science 2001-2013 Alvin J. Siteman (1948) Professor of Entrepreneurship 2000-2010 Tenured Associate Professor of Management and Political Science 1996-2001 Untenured Associate Professor of Management and Political Science 1993-1996 I.R.I. Career Development Assistant Professor of International Management 1989-1993 Assistant Professor of International Management 1988-1989 Richard Locke Updated: June 2021 ADMINISTRATIVE APPOINTMENTS Provost, Brown University July 2015-present • Chief academic officer and chief budget officer responsible for ensuring academic excellence and sound budgetary practices across the full range of academic departments, including the College, Graduate School, Warren Alpert Medical School, the Schools of Engineering, Public Health, and Professional Studies, and the Division of Pre-college and Undergraduate Summer Programs.
    [Show full text]
  • A History of the National Bureau of Standards
    APPENDIX A FERDINAND RUDOLPH HASSLER First Superintendent of the Coast Survey and of Weights and Measures When Professor Stratton arrived at the Office of Weights and Measures on B Street in Washington in the spring of 1898 to survey its equipment and operations, he found there in the person of Louis A. Fischer, the adjuster, a link with Ferdinand Rudolph Hassler, the first Superintendent of Weights and Measures in the Federal Government. It was in the atmosphere of the office over which Hassler had presided, Stratton said, with its sacred traditions concerning standards, its unsurpassed instrument shop, its world-known experts in the construction and comparison of standards, and especially in the most precise measurement of length and mass, that the boy Fischer, scarcely over 16, found himself when he entered the employ of Govern- ment in a minor capacity [about the year 18801. * * Scarcely 40 years had passed since the end of Hassler's services and the beginning of Fischer's. His first instructors were the direct disciples of Hassler and he knew and talked with those who had come in personal contact with the first superintendent.1 Fischer's reminiscences concerning the early historyof the Weights and Measures office, gathered from his association with the successors of Hassler, were never recorded, to Stratton's regret, and the only biography of Hassler, by Florian Cajori, professor of mathematics at the University of California, centers on his career in the Coast Survey gathered from his association with the successors of Hassler, were never recorded, to in the history of science in the Federal Government, is the principal source of the present sketch.2 1 Stratton, "Address Memorializing Louis Albert Fischer, 1864.—1921," 15th Annual Con.
    [Show full text]
  • 12 MIT Sloan | Fall 2011 Advertising Bans and the Substitutability of Online and Offline Advertising No Control
    MIT Sloan Office of External Relations nnnnnnnn 77 Massachusetts Avenue, E60-200 Non-Profit Org. Cambridge, MA 02139 U.S. Postage PAID Fall 2011 Fall Email: [email protected] Brockton, MA http://mitsloan.mit.edu/alumni/ Permit No. 301 MIT Sl MIT MIT Sloan News and insights for the MIT Sloan community o an an Building the Future the Building Building the Future Fall 2011 Creating Vol. 5, No.2 new management knowledge “ One that would have the fruit must climb MIT Sloan the tree. ™ ” News and insights for alumni Vol. 5, No. 2 —THOMAS FULLER work @ dean David Schmittlein John C Head III Dean associate dean, external relations Kristina Gulick Schaefer innovation director, creative strategy Tom Witkowski communications coordinator Zach Church concept and design Robert Beerman, Onward Upward We provide the ladder. contributors Stuart Darsch Michael Perrone Challenging economic times present extraordinary opportunities and incentives for companies to innovate. New L. Barry Hetherington Mary Tamer markets and new business models are taking shape, and those companies who respond effectively will come out stronger Justin Knight than ever. At the MIT Sloan School of Management, we provide organizations and individuals with the latest insights, proofreaders strategies, and tools to launch disruptive ideas, reach emerging markets, and develop new sources of revenue. From Carrie Cheron Linda Walsh product development to technology strategy to managing change, our programs give you a leg up on the competition. printing ARTCO, Inc. Alumni Discount MIT Sloan alumni receive 20% off any open enrollment program held in Massachusetts. With over 25 programs to choose from, there are plenty of reasons for you to return to the School to reconnect directly with the latest thinking and newest MIT Sloan is published by the MIT Sloan Office developments in management practice.
    [Show full text]
  • Dean, MIT Sloan School of Management
    Dean, MIT Sloan School of Management Academic year 2004 was marked by curriculum and program changes that attest to our continued commitment to innovation. In addition, this year marked a large step forward in the assessment of the MIT Sloan brand and the creation of tools to evaluate and strengthen that brand across the global business community. As competition for the best students continues to grow, our investment in showing the world that we are the leader in innovative management theory and practice (our legacy of mens et manus) continues to be critical. Academic Program Updates MBA Program. The new MBA curriculum, launched in fall 2003, met with great success. While we retained the academic rigor, focus on teamwork, and some core courses, the new curriculum streamlines the core requirements, increases flexibility (so that students can design their program to suit their personal interests and needs), provides an integrated, cross‐functional perspective early in the program, and gives students access to cutting‐edge faculty research early and often throughout their time on campus. We are also pleased to announce that the MIT Sloan MBA Program had the highest or second‐highest student employment rate among top business schools for the third year in a row. MIT Sloan Fellows Program in Innovation and Global Leadership. With the strategic integration of the MIT Sloan Fellows Program and the MIT Management of Technology Program, the MIT Sloan Fellows Program in Innovation and Global Leadership was launched in June 2004, with a strong and diverse class that reflects the strengths of both parent programs.
    [Show full text]
  • Donald R. Lessard
    DONALD R. LESSARD Epoch Foundation Professor of International Management, Emeritus MIT Sloan School of Management 100 Main Street E62-460 Cambridge, MA 02142-1347 Tel: 617-253-6688 Fax: 617-253-2660 E-mail: [email protected] Academic Advisor, The Brattle Group, Cambridge, MA Member, Global Infrastructure Project Research Network Fields: Global strategy, major projects, and energy. CURRENT RESEARCH: Dynamic capabilities in global strategy; Global dynamics of development, production, and deployment of clean (er) energy technologies; Institutional and technical complexity in major projects; Risk and global strategy. REGIONAL SPECIALIZATION: Latin America, Chinese economies, and international business in general. LANGUAGES: English and Spanish. EDUCATION: BA Stanford University 1965 MBA Stanford University 1969 PhD Stanford University 1970 PROFESSIONAL SOCIETIES : Academy of International Business (President 1995-1996, Dean of Fellows 2002-2005) Academy of Management American Economic Association American Finance Association Engineering Project Organization Society (EPOS) Strategic Management Society CURRENT WORKING PAPERS: “Understanding the Impacts of Indirect Stakeholder Relationships – Stake - holder Value Network Analysis and Its Application to Large Engineering Projects”, MIT Sloan Working Paper 4978-12, July 2012. http://ssrn.com/abstract=2162037 (with Wen Feng, Edward F. Crawley, and Olivier L. de Weck) SELECTED PUBLICATIONS: BOOKS AND MONOGRAPHS: 2001 Strategic Management of Large Engineering Projects: Shaping Institutions, Risks, and Governance (MIT Press) with Roger Miller. 1990 Managing the Globalization of Business, (Cuaderni STOA #1 Naples, Italy: Editoriale Scientifica,) co- edited with C. Antonelli 1987 Capital Flight and Third World Debt, (Washington, D.C.: Institute for International Economics) with J. Williamson. 6 1985 Financial Intermediation Beyond the Debt Crisis, (Washington, D.C.: Institute for International Econo - mics) with J.
    [Show full text]
  • 2018 Program [PDF]
    THE 16TH ANNUAL MIT SLOAN CFO SUMMIT 11.15.2018 p o w e r : A CFO’S BOLD MOVES 1 Everyone has a Story, with JT McCormick, President & This event would not be possible without the CFOs SPONSORS ORGANIZING COMMITTEE CEO of Scribe Media, is our morning keynote. He’ll on our volunteer team. Planning this conference is share the bold decisions that led him from the practically a year-round effort. This group of men The MIT Sloan Boston Alumni Association thanks the The success of this Summit is a direct result of the housing projects of Dayton, OH to success in both and women who dedicate themselves to this effort sponsors who have helped make this event possible: timeless dedication of the following people: DEAR business and investing. are listed to the right. As you enjoy today’s Summit, please say hello. Our keynote panel, Chutzpah in the CFO Suite: Bold GOLD Scott Almeida Decisions, Actions and Outcomes, includes CFOs We are also fortunate to be supported by a great CFO, Recorded Future, Inc. from DocuSign, IAC and SiriusXM, led in conversation group of sponsors. As the CFO Summit’s reputation by Kimberly Johnson of the Wall Street Journal. These has expanded, many outstanding organizations Catherine Bird visionary leaders understand that bold calls are a wish to be involved. This enables us to partner CFO, Coppermine Capital, LLC fundamental imperative for today’s business leaders. with thought leaders in their respective industries. Peter Brau You are sure to be impressed by their strategies for Without their financial support and intellectual VP Finance, edX innovating the landscape, growing market share and contributions, we could not bring you this annual Ryan Brenneman FRIENDS,reinventing competitive position.
    [Show full text]
  • Dean, MIT Sloan School of Management
    Dean, MIT Sloan School of Management In academic year 2007–2008, Sloan continued to make great progress with existing initiatives and moved forward in some key new areas. Global initiatives were high on the list in FY2008, including the launch of the China Leaders for Manufacturing Program (CLFM). Responding to the real need for manufacturing leadership in China, this program, modeled after MIT’s Leaders for Manufacturing Program (LFM) and created with MIT’s authorization and educational support, is the country’s first-ever dual-degree graduate program focused on educating China’s next generation of manufacturing and operations leaders. The first CLFM class matriculated in September 2007, with the second cohort matriculating in September 2008. Representing MIT at the opening ceremony for the first class erew Institute Professor Tom Magnanti (representing the School of Engineering), deputy dean of MIT Sloan School of Management Steve Eppinger, LFM codirectors Tom Allen and Warren Seering, and director of the LFM Fellows Program Don Rosenfield. The School also launched a reorganization of alumni leadership with a view toward strengthening our global presence, aided by the arrival of a new director of alumni relations in April 2008. To support twin strengths of the School, knowledge creation and program innovation, significant incremental Office of External Relations activity is in development for FY2009, with initial activity already begun in FY2008. Plans for expanding outreach included disbanding the Dean’s Advisory Council following the
    [Show full text]
  • Notes for Tour of Townsend Mansion, Home of the Cosmos
    NOTES FOR TOUR OF TOWNSEND MANSION HOME OF THE COSMOS CLUB July 2015 Harvey Alter (CC: 1970) Editor Updated: Jean Taylor Federico (CC: 1992), Betty C. Monkman (CC: 2004), FOREWORD & ACKNOWLEDGEMENTS These notes are for docent training, both background and possible speaking text for a walking tour of the Club. The material is largely taken from notes prepared by Bill Hall (CC: 1995) in 2000, Ed Bowles (CC: 1973) in 2004, and Judy Holoviak (CC: 1999) in 2004 to whom grateful credit is given. Many of the details are from Wilcomb Washburn’s centennial history of the Club. The material on Jules Allard is from the research of Paul Miller, curator of the Newport Preservation Society. The material was assembled by Jack Mansfield (CC: 1998), to whom thanks are given. Members Jean Taylor Federico and Betty Monkman with curatorial assistant, Peggy Newman updated the tour and added references to notable objects and paintings in the Cosmos Club collection in August, 2009. This material was revised in 2010 and 2013 to note location changes. Assistance has been provided by our Associate Curators: Leslie Jones, Maggie Dimmock, and Yve Colby. Acknowledgement is made of the comprehensive report on the historic structures of the Townsend Mansion by Denys Peter Myers (CC: 1977), 1990 rev. 1993. The notes are divided into two parts. The first is an overview of the Club’s history. The second part is tour background. The portion in bold is recommended as speaking notes for tour guides followed by information that will be useful for elaboration and answering questions. The notes are organized by floor, room and section of the Club, not necessarily in the order tours may take.
    [Show full text]
  • 1925 Published by Massachusetts Institute of Technology Cambridge, Massachusetts ~~__~~~__~ ~__ T·
    // p"E ~'^: BULLETIN, MASSACHUSETTS INSTITUTE OF TECHNOLOGY PRESIDENT'S REPORT VOLUME 61 NUMBER 3 OCTOBER, 1925 Published by Massachusetts Institute of Technology Cambridge, Massachusetts _~~__~~~__~_~__ t· Published by the Massachusetts Institute of Technology, Cambridge Station, Boston. Massachusetts, monthly from September to June, inclusive. Entered December 3, 1904 at the Post Office, Boston, Mass., as second class matter, under Act of Congress of July 16, 1894. VOLUME 61 MASS ACHUSETTS INSTITUTE OF TECHNOLOGY REPORTS OF THE PRESIDENT AND TREASURER FOR THE YEAR ENDING JUNE 30, 1925 1 THE TECHNOLOGY PRESS CAMBRIDGE, MASSACHUSETTS 1925 LZ r^ , TABLE OF CONTENTS THE CORPORA7!ION PAGE Members of the Corporation . ................ 5 Committees of the Corporation . ............... 6 REPORT OF THE PRESIDENT ................... 9 REPORT OF THE DEAN OF STUDENTS . .............. 36 REPORT OF THE LmBRRIAN .................... 39 REPORT OF THE REGISTRAR: STATISTICS . ........... 49 REPORT OF THE COMMITTEE ON GRADUATE COURSES AND SCHOLAR- SHIPS . 66 SOCIETY OF ARTs ................... ...... 69 REPORT ON SUMMER SESSION . .................. 71 PUBLCATIONS ...................... ... 74 REPORT oF THETREASURER I 8- MEMBERS OF THE CORPORATION 1925-26 President Secretary' SAMUEL WESLEY STRATTON JAMES PHINNEY MUNROE Treasurer EVERETT MORSS Executive Committee PRESIDENT Ex OFrFIos TREASURER Ex OFFIcIS EDWIN S. WEBSTER FRANCIS R. HART FREDERICK P. FISH ELIHU THOMSON CHARLES TI MAIN Life Members HOWARD ADAMS CARSON ALBERT FARWELL BEMIS FRANCIS HENRY WILLIAMS
    [Show full text]
  • President's Report Issue Ii Volume 67 Number 3
    ~icrir~a~l····nrrm~a~·~·a~a.~.\~s~varmh-r BULLETIN, MASSACHUSETTS INSTITUTE OF TECHNOLOGY PRESIDENT'S REPORT ISSUE II VOLUME 67 NUMBER 3 OCTOBER, 1931 Published by Massachusetts Institute of Technology Cambridge, Massachusetts • ... .-,. r •.·OW,,.• .-'. • '•• • "•!•,.- .4•-• .. •,. -,jd.h- . ." .•• •.• b,•.. ,.. .. - z Published by the Massachusetts Institute of Technology, Cambridge Station, Boston, Massachusetts, in October, November, February, March, April and May. Entered December 3, 190o4, at the Post Office, Boston, Mass., as second-class matter, under Act of Congress of July x6, I894. VOLUME 67 NUMBER 3 VOLUME 67 NUMBER 3 MASS ACHUSETTS INSTITU TE OF TECHNOLOGY President's Report 1930-1931 Covering period from meeting of Corporation October 8, 1930 to meeting of Corporation October 14, 1931 THE TECHNOLOGY PRESS CAMBRIDGE, MASSACHUSETTS 1931 _ __ I 1 -1--111 __ _ _ _ __ __ __ TABLE OF CONTENTS THE CORPORATION PAGE Members of the Corporation ... 5 Committees of the Corporation ... .. .. .. 6 REPORT OF THE PRESIDENT Changes in Personnel . Matters of General Policy . Buildings . Needs of the Institute . Summary of Reports of Other Administrative Officers REPORTS OF OTHER ADMINISTRATIVE OFFICERS Dean ........ Dean of Graduate Students . .. Registrar .. ..... Chairman of Committee on Summer Session Librarian . .. .... Medical Director . Director of Division of Industrial Co6peration and Research Acting Director of Division of Municipal and Industrial Research Secretary of Society of Arts . REPORTS OF HEADS OF DEPARTMENTS AND COURSES Aeronautical Engineering Architecture Architectural Engineering . Biology and Public Health . Building Construction . Business and Engineering Administration . Chemical Engineering . Chemistry Civil and Sanitary Engineering . Drawing . .. Economics and Statistics Electrical Engineering .. Electrochemical Engineering English and History Fuel and Gas Engineering .
    [Show full text]
  • Top 10 Lessons on Strategy Building and Implementing an Effective Corporate Strategy in an Era of Rapid Change, Evolving Technology, and Intense Competition
    SLOANSELECT COLLECTION TEN OF THE MOST READ AND DISCUSSED ARTICLES FROM THE STRATEGY ARCHIVE Top 10 Lessons on Strategy Building and implementing an effective corporate strategy in an era of rapid change, evolving technology, and intense competition. CONTENTS SLOANSELECT COLLECTION SUMMER 2015 The Strategy Guidebook 1 The Art of Strategic Renewal By Andy Binns, J. Bruce Harreld, Charles O’Reilly III and Michael L. Tushman 4 Strategic Decisions for Multisided Platforms By Andrei Hagiu 14 Beyond Forecasting: Creating New Strategic Narratives By Sarah Kaplan and Wanda Orlikowski 20 Which Strategy When? By Christopher B. Bingham, Kathleen M. Eisenhardt and Nathan R. Furr 28 Optimizing Your Digital Business Model By Peter Weill and Stephanie L. Woerner 36 Creating Value Through Business Model Innovation By Raphael Amit and Christoph Zott 45 How Strategic Is Your Board? By Didier Cossin and Estelle Metayer 52 Closing the Gap Between Strategy and Execution By Donald N. Sull 61 The Strategic Communication Imperative By Paul A. Argenti, Robert A. Howell and Karen A. Beck 68 How Companies Become Platform Leaders By Annabelle Gawer and Michael A. Cusumano Please note that gray areas reflect artwork that has been intentionally removed. The substantive content of the article appears as originally published. Reprint #: STR0715 SPECIAL COLLECTION • “TOP 10 LESSONS ON STRATEGY”• MIT SLOAN MANAGEMENT REVIEW i The Cisneros Group, a Spanish-language media company with operations across the United States and Latin America, assembled teams from across the organization to explore new ventures. [LEADING CHANGE] efforts can be extremely difficult The Art of Strategic Renewal to initiate, fund and lead; many companies, including Xerox, What does it take to transform an organization before a crisis hits? Kodak and Firestone, attempted BY ANDY BINNS, J.
    [Show full text]