MIT Legatum Center Executive Director Dina Sherif and Pia Sawhney write for CNBC about how the Silicon Valley Bank collapse will impact various companies, communities, and innovation ecosystems. “The immediate banking crisis is over,” writes Sherif. “Now it’s time to rebuild a new system for financing innovation to meet today’s needs.”
MIT graduate students rescued and reunited a stolen dog with its owner after it was abandoned following a carjacking, reports Timothy Nazzaro for Boston 25. “After recovering the dog, the MIT students contacted the dog’s owner using the information on the pooch’s collar tags,” writes Nazzaro. “The owner was reunited with ‘Millie,’ the pup, at MIT and was very grateful to the students who stepped in to save her."
Writing for The Los Angeles Times, Prof. Simon Johnson outlines how regulation and supervision of the banking industry should be strengthened following the collapse of Silicon Valley Bank. “A well-regulated system is still the right goal,” writes Johnson. “The Federal Reserve needs to overhaul and improve its bank supervision — and to make that consistent with its macroeconomic policy for interest rates.”
Senior lecturer Jason Jay speaks with Financial Times reporter Sarah Murray about the positive impact of online sustainability courses. “What it means to put a tax on carbon feels very different for wealthy communities in Northern Europe than it does for people in India,” says Jay. “A global community of learners can challenge things and bring in their own perspectives.”
Aagya Mathur MBA ’18 co-founded Aavia, a daily ovarian hormone health guide, reports Matt Symonds for Forbes. “We started Aavia to give young people tools to understand how their hormones impact how they feel,” Mathur explains.
Nicole Obi MCP ’95, SM ’95, head of the Black Economic Council of Massachusetts, speaks with Boston Magazine reporter Jonathan Soroff about how Massachusetts can level the playing field for entrepreneurs. “We’re at this point of racial awakening, and a lot of people might not be comfortable with it, but they get it,” says Obi. “Being in this moment makes me really excited to be part of the solution and to create a more equitable future for Massachusetts.”
André Bernardes MBA ’19, Bruno Lucas MBA ’19 and Ludmila Pontremolez co-founded Zippi, a payment platform created to provide “affordable and accessible financial services to the 30 million micro entrepreneurs in Brazil,” reports Aparna Dhinakaran for Forbes.
Prof. Deborah Ancona speaks with Forbes reporter Tima Bansal about her research into X-teams, a specific type of team structure used in business environments.
In an article for Fast Company, Prof. Kate Kellogg and Prof. Erin Kelly, along with Boston University lecturer Constance Hadley, explore how employers can help encourage spontaneous interactions among employees. “By giving more attention to cultivating employee relationships and network ties at work, leaders can help create a hybrid workplace that offers the best of both worlds,” they write.
MIT’s Sloan School of Management and University of Navarra’s IESE Business School are launching a Global CEO Program designed for senior executives, reports Syndey Lake for Fortune. “Students, through the seven-month program, will focus on topics including systems thinking, innovation mindset, communication, change management, emerging technologies, negotiation and influence, self-leadership, and building a legacy,” writes Lake.
Fast Company reporter Amelia Hemphill spotlights the work of Alicia Chong Rodriguez SM ’17, SM ’18, and her startup Bloomer Tech, which is “dedicated to transforming women’s underwear into a healthcare device.” “Our big goal is to generate digital biomarkers,” says Chong Rodriguez. “Digital biomarkers work more like a video, so it will definitely allow a more personalized care from the physician to their patient.”
Writing for The Boston Globe, Prof. Erin Kelly shares her research on the impact of remote work. “The challenge is setting boundaries and feeling it’s acceptable to set them, and that requires deliberate company policies,” writes Kelly.
A new study co-authored by Prof. S.P. Kothari “analyzes the stock returns of thousands of companies from 1988-2020, comparing those that repurchased shares against firms that didn’t, adjusting for their size and other factors,” reports Jason Zweig for The Wall Street Journal. “We don’t see massive misuse as some people allege,” says Kothari. “This isn’t a rigged game where CEOs are lining their pockets.”
Former Prof. Lael Brainard will be appointed as director of the National Economic Council for the White House economic team, report Jeff Stein and Tyler Pager for The Washington Post.
A study co-authored by Senior Lecturer Donald Sull found that the top factor in employee retention is corporate environment, reports Ellen Rosen for The New York Times. Sull says that a toxic work culture was “10 times more predictive of having a higher-than-industry-average attrition rate than compensation.”