Francis Plaza ’13 co-founded PayMongo, a fintech firm designed to digitalize the Philippine’s cash-based economy, reports Catherine Wang for Forbes. “PayMongo now not only plans to expand beyond the Philippines to other Southeast Asian countries, but also to broaden its remit by becoming a platform for scaling small business in the region,” writes Wang.
Alumnus Andrew Lau co-founded Jellyfish, an engineering management software platform designed to assess contextual business data and engineering signals to promote transparency into how engineering organizations work and operate, reports Bruce Rogers for Forbes. “We know leading a large engineering team is hard, not because necessarily of the coding, it's actually the intersection of technology and the business” says Lau.
Lecturer Bill Fischer writes for Forbes after speaking with Prof. Annika Steiber, director of Menlo College’s Silicon Valley RenDanheYi Research Center, about the organizational changes General Electric Appliances (GEA) has made in recent years. “GEA, today, represents what has turned-out to be a successful major organizational turnaround,” writes Fischer.
Prof. Tom Kochan speaks with Inside Intelligence reporter Christina Obolenskaya about the expectations for unionized workplaces and how that will impact retailers. “The most critical thing is to listen and treat the workforce with respect, allowing employees to shape how they come back to work,” says Kochan. “Having a dialogue with the larger team, managers and supervisors need to collaborate on how much flexibility they can provide their employees while still meeting company quotas.”
Keri Pearlson, executive director of the Cybersecurity at MIT Sloan consortium, and Prof. Stuart Madnick write for The Wall Street Journal about how managers should build and equip their organizations for cyber threats. “It is more effective to build a cybersecurity culture – an effort that goes beyond training and gets employees to see security as part of their job,” write Pearlson and Madnick.
Financial Times reporter Jemima Kelly spotlights Prof. Basima Tewfi’s research on imposter syndrome. Tewfik’s study finds that those who have “imposter workplace thoughts” tend to “have an advantage over their colleagues when it comes to social skills, teamwork and the support of others.”
Principal Research Scientist Andrew McAfee speaks with Innovator News reporter Jennifer L. Schenker about his upcoming book, “The Geek Way,” which explores how tech companies found the best way to operate their businesses. “If you want your company to be a tech company, then you will be competing against geeks,” says McAfee. “These are people who look at things differently, go deep on a problem, get obsessed with it and fiercely work at it until they think they find a good solution.”
India New England News speaks with MIT MBA alumna Dipali Trivedi about her work as a co-founder and mentor, as well as the importance of encouraging women to pursue leadership roles in the companies they have founded. “I enjoy bringing innovation to a complex domain with the help of next generation technology,” says Trivedi. “Seeing your idea materialized and used by thousands of people is an amazing experience, I enjoy solving challenges of launching new venture ground-up.”
Joseph Coughlin, director of the MIT AgeLab, writes for Forbes about the impact Baby Boomer and Gen X retirement can have on the increasing labor shortage in the United States. “While some millennials can’t wait for the Boomers and older Gen X’ers to step aside in the job market, there are critical labor shortfalls in many key industries that will be sharply felt by Millennials as consumers and as the next generation of leadership in business and government,” writes Coughlin.
A new study co-authored by Prof. Pierre Azoulay finds that immigrants are 80% more likely to start businesses than people born in the U.S., reports Yasmin Amer for WBUR. "[Immigrants] create more firms pretty much in every size bucket," says Azoulay. "They create more small firms, they create more medium sized firms. They create more firms that will grow up to be very large."
Prof. Jared Curhan has found that “breakthroughs in negotiations occurred nearly twice as frequently after a conversational lapse of between 3.5 and 9.5 seconds as they did at any other point in the conversation,” reports Heidi Mitchell for The Wall Street Journal.
Prof. Jackson G. Lu co-authored a research article which suggests “East Asian students are also struggling in classrooms where assertiveness is expected but not necessarily encouraged within their cultures,” reports Katherine Mangan for The Chronicle of Higher Education.
Amazon workers from Staten Island have become the first group to vote in favor of unionizing, reports Ari Levy and Annie Palmer for CNBC. “I would expect now that there is this first victory on the part of a union that Amazon is going to have to reassess its labor relations strategy and begin to negotiate in good faith to reach an agreement,” says Prof. Tom Kochan.
Educators from the Asia School of Business and MIT have developed a course aimed at teaching central bankers how the market is impacted by bottlenecks and how monetary policy can help, reports Enda Curran for Bloomberg. “The curriculum covers topics that include crisis prevention, behavioral finance, cybersecurity, digital currencies, and ethics,” writes Curran.
Forbes contributor Rick Miller spotlights “In Pursuit of the Perfect Portfolio: The Stories, Voices, and Key Insights of the Pioneers Who Shaped the Way We Invest,” a new book by Prof. Andrew Lo and Prof. Stephen Foerster of the University of Western Ontario. The book “provides historical perspective on the development of modern investment theory and practice,” writes Miller.