Management: Inventing and Delivering Its Future (The MIT Sloan School of Management 50th Anniversary)

The MIT Sloan School of Management, as conceived by the legendary General Motors chairman Alfred P. Sloan, was founded in 1952 to draw on the scientific and technical resources of MIT and approach the problems of management with the rigorous research practices for which MIT was famous. Fifty years later, the Sloan School gathered international leaders in business and management, MIT faculty, students, and alumni to address again the basic principles that should guide business and management. This book presents the papers prepared by student-faculty teams, speeches by business and world leaders, and summaries of the discussions from this special convocation; taken together, they offer a guide to the future of management based on the hallmarks of MIT and Sloan--creativity and innovation.The topics considered coalesced around three main themes. First, and paramount, is the necessity of building and maintaining trust by means of openness, transparency, and accountability; this was addressed in speeches by Kofi Annan and Carly Fiorina and exemplified by the case study presented of Nike?s efforts to rebuild the trust of customers. The increasingly complex conditions of the modern global economy emerged as another recurring theme, as the participants considered the effect of the growing spectrum of stakeholders on issues of corporate governance. The third common theme was the inescapability of technological and scientific change, from the Internet as a marketing tool to the organizational impact of information technology. Introduction / Richard L. Schmalensee and Thomas A. Kochan Challenges and responsibilities. Corporate citizenship in a global society / Kofi Annan Restoring trust : corporate responsibility and the CEO / Carly Fiorina Globalization. The promise and perils of globalization : the case of Nike / Richard M. Locke Case discussion : questions and answers from alumni Human capital and twenty-first century organizations. Navigating the future : the networked organization / Phil Condit Beyond McGregor's Theory Y : human capital and knowledge-based work in the twenty-first century organization / Thomas A. Kochan, Wanda Orlikowski, and Joel Cutcher-Gershenfeld Panel discussion : Meg O'Leary, James Goodnight, and Peter Senge Marketing. Innovation and the constancy of change / Rick Wagoner Consumer power and the Internet / David Gagnon, Susan Lee, Fernando Ramirez, Siva Ravikumar, Jessica Santiago, and Telmo Valido, under the direction of Glen Urban Panel discussion : Vince Barabba, Jeff Katz, and Melanie Kittrell Governance. Corporate governance / Stewart C. Myers European corporate governance : a changing landscape? / Giovanni Carriere, Andrew Cowen, José Antonio Marco, Donald Monson, Federica Pievani, and Tienko Rasker Financial reform and corporate governance in China / Erika Leung, Lily Liu, Lu Shen, Kevin Taback, and Leo Wang Panel discussion : Rolf Breuer and Victor Fung Technology. The next technological revolution : predicting the technical future and its impact on firms, organizations, and ourselves / Ellen Brockley, Amber Cai, Rebecca Henderson, Emanuele Picciola, and Jimmy Zhang Panel discussion : Robert Brown, Rodney Brooks, Rebecca Henderson, Linda Griffith, and Susan Lindquist Postscript : moving forward The MIT Sloan School of Management perspective on future management challenges. The MIT Sloan School of Management, as conceived by the legendary General Motors chairman Alfred P. Sloan, was founded in 1952 to draw on the scientific and technical resources of MIT and approach the problems of management with the rigorous research practices for which MIT was famous. Fifty years later, the Sloan School gathered international leaders in business and management, MIT faculty, students, and alumni to address again the basic principles that should guide business and management. This book presents the papers prepared by student-faculty teams, speeches by business and world leaders, and summaries of the discussions from this special convocation; taken together, they offer a guide to the future of management based on the hallmarks of MIT and Sloan--creativity and innovation. The topics considered coalesced around three main themes. First, and paramount, is the necessity of building and maintaining trust by means of openness, transparency, and accountability; this was addressed in speeches by Kofi Annan and Carly Fiorina and exemplified by the case study presented of Nike's efforts to rebuild the trust of customers. The increasingly complex conditions of the modern global economy emerged as another recurring theme, as the participants considered the effect of the growing spectrum of stakeholders on issues of corporate governance. The third common theme was the inescapability of technological and scientific change, from the Internet as a marketing tool to the organizational impact of information technology The MIT Sloan School of Management, as conceived by General Motors chairman Alfred P. Sloan, was founded in 1952 to draw on the scientific and technical resources of MIT and approach the problems of management with the rigorous research practices for which MIT was famous. Fifty years later, the Sloane School gathered international leaders in business and management, MIT faculty, students and alumni to address again the basic principles that should guide business and management. This book presents the papers prepared by student-faculty teams, speeches by business and world leaders and summaries of the discussions from this special convocation; taken together, they offer a guide to the future of management based on the hallmarks of MIT and Sloan - creativity and innovation The topics considered coalesced around three main themes. First, and paramount, is the necessity of building and maintaining trusts by means of openness, transparency and accountability; this was addressed in speeches by Kofi Annan and Carly Fiorina and exemplified by the case study presented by Nike's efforts to rebuild the trust of customers. The increasingly complex conditions of the modern global economy emerged as another recurring theme, as the participants considered the effect of the growing spectrum of stakeholders on issues of corporate governance. The third common theme was the inescapablity of technological and scientific change, from the Internet as a marketing tool to the organizational impact of information technology "The MIT Sloan School of Management gathered international leaders in business and management, MIT faculty, students, and alumni to address the basic principles that should guide business and management. This book presents the papers prepared by student-faculty teams, speeches by business and world leaders, and summaries of the discussions from this special convocation, taken together, they offer a guide to the future of management based on the hallmarks of MIT and Sloan - creativity and innovation."--Jacket Edited By Thomas A. Kochan And Richard L. Schmalensee. Mit Sloan School Of Management: 50th Anniversary. Includes Bibliographical References And Index.