"A Very Different Kind of Learning Laboratory - . .": MIT Sloan Fellows Program in Innovation and Global Leadership
"A Very Different Kind of Learning Laboratory - . .": MIT Sloan Fellows Program in Innovation and Global Leadership
1931
MIT Sloan Fellows Program
Developing outstanding mid-career managers for increased
responsibility and leadership
1980
MIT Management of Technology Program
Providing technologists with the management expertise to drive
successful ventures in a hyper-competitive market.
2004
MIT Sloan Fellows Program in Innovation and Global Leadership
Preparing outstanding executives with the critical skills to
create and lead visionary organizations in the 21st century.
© 2005 MIT Sloan School of Management
A prominent role in the MIT Sloan “Fleet” of programs
Guiding Principles
Develops critical skills essential for future leaders
Fosters a deep spirit of community among fellows
Maintains flexibility to allow fellows to tailor the program to meet
their specific objectives
Provides breadth of electives and depth through one-on-one
relationships with senior faculty
Instills a spirit of innovation through exceptional opportunities at
Sloan and across MIT
Innovation
Building innovative organizations
Being a champion for innovation within an organization
Leading the innovation process
Global
Gaining a broader perspective of how economic, social and political factors
impact an organization
Immersion in a multi-cultural environment
Leveraging a global network of colleagues and resources
Leadership
Understanding personal leadership characteristics and enhancing leadership
skills
Leading innovative organizations that compete globally
Managing and developing people engaged in innovative activities
Reflecting on personal and professional development
© 2005 MIT Sloan School of Management
MIT Sloan Fellows Program
in Innovation and Global Leadership
Program distinctions
Strong links with industry and interaction with leaders around the
world
Emphasis on team work in all facets of learning
High level of trust, openness, and mutual respect among fellows
Outstanding worldwide alumni network
Exposure to new intellectual realms in a rigorous curriculum
Intensive leadership component with hands-on experience
Integration of families into the Sloan Fellows experience
Benefits
April Orientation
During orientation week in April, the incoming class is given an academic overview of the program and begins
to acquaint itself with the MIT Sloan environment. The week provides excellent opportunities to meet with
members of the current class and to start developing the learning community for the year ahead. In addition to
academic orientation activities, the week includes social gatherings and realtor support to assist in meeting
housing needs. All members of the incoming class and their partners are strongly encouraged to attend.
June Orientation
The first week of the program emphasizes the transition from busy executive to full-time student, with a heavy
focus on building an integral learning community among the participants. In addition to activities that introduce
the overall program, the curriculum, faculty, and other MIT resources, many of the events focus on team
building and understanding the backgrounds of fellow classmates. A number of the events help to draw
partners and families into the MIT Sloan Fellows community.
Business Trips
Business trips are an integral part of the MIT Sloan Fellows Program curriculum.They provide the opportunity to expand
the learning environment well beyond the classrooms at MIT, integrating theory with the hard-won wisdom of prominent
leaders who candidly share their successes, their mistakes, and the challenges they face every day. Business trips
focus heavily on innovation, leadership, and the global environment, the central themes of this program.
Leadership Studies
In a world where ever-accelerating change is a constant, skillful leadership is both more crucial and more challenging
than ever before. Sloan Fellows have the opportunity to develop their capacity for creative, effective leadership through
rigorous analysis and intensive practice. During the program, they will enhance their ability to define important
objectives, build dynamic relationships, and deliver innovative solutions.
During the summer term, MIT Sloan Fellows are introduced to Sloan’s 4 Capabilities Leadership Model; they review the
results of their 360° Leadership Assessment and plan development goals with the assistance of a coach. During the fall
term, fellows take the core course Leading Organizations. In the spring and fall terms, they participate in the Seminar in
Leadership, an opportunity to meet senior executives of private and public institutions to discuss key management
issues, both on campus and during extensive domestic and international business trips.
Research Requirement
All students in the MIT Sloan Fellows Program in Innovation and Global Leadership will complete either a management
research project within a small team or a master's thesis, usually written individually or with a co-author. Either option
provides exceptional opportunities to build upon the strengths of MIT's research centers and laboratories while focusing on
a particular business problem or challenge — something the normal pressures of day-to-day business rarely allow. The
research requirement also provides the impetus and connection points to link outside organizations to the various research
centers and laboratories that are most relevant to one's own organization. The research requirement provides many
students with the opportunity to launch new phases in their careers by providing access to individuals, data, and new
perspectives that build upon and enhance their coursework and other program experiences. Alumni continually emphasize
the significant impact that their research projects have had in transitioning to new roles within their organizations.
Summer Term
Applied Economics for Managers
Communicating with Data
Financial Accounting
Marketing Management
Financial Management
Management of Supply Networks for Products and Services
Introduction to System Dynamics
Leadership
Fall Term
Macro and International Economics
Leading Organizations
Seminar in Leadership I (includes NYC trip)
Managing Technological Innovation
Managing New Ventures
Strategic Management
Global Markets, National Policies & the Competitive Advantages of Firms
Spring Term
Seminar in Leadership II (includes California & international business trips)
Global Strategy and Organization
Designing and Leading the Innovative Organization
*Sequence for full-time option; calendar for flex-time option differs. © 2005 MIT Sloan School of Management
Curriculum Specifics – Core Course Descriptions – Summer Term
Applied Economics for Managers Develops facility with concepts, language, and analytical tools of
economics. Primary focus is on microeconomics. Emphasizes integration of theory, data, and judgment in the
analysis of corporate decisions and public policy and in the assessment of changing US and international
business environments.
Communicating with Data Introduces students to the tools and methods necessary for effective use of data in
management decision-making. Examines typical decision-making errors and demonstrates how to use data to
avoid common decision-making biases and to persuade others in the decision-making process. Topics include
introductory probability, decision analysis, statistics, and regression. Exercises and examples are drawn from
such management functions as marketing, finance, operations management, and strategy.
Financial Accounting Examines the basic concepts of corporate financial accounting and reporting and their
relationship to investment decisions, corporate and managerial performance assessment, and the valuation of
firms. Develops skills for performing an economics-based analysis of accounting information from the viewpoint
of the users of accounting information (especially senior managers), rather than the preparer (the accountant).
Marketing Management Explores the key concepts and processes of marketing from the perspective of the
general manager. Customer analysis (including buyer behavior and market segmentation) provides the
foundation for marketing strategy (involving product policy, pricing, communication, and channels of
distribution).
Financial Management Financial Management studies corporate finance and capital markets, emphasizing
the financial aspects of managerial decisions. It touches on all areas of finance, including the valuation of real
and financial assets, risk management and financial derivatives, the trade-off between risk and expected
return, and corporate financing and dividend policy. The course draws heavily on empirical research to help
guide managerial decisions.
Management of Supply Networks for Products and Services Studies organizational, strategic, and
operational aspects of managing supply networks (SNs), from domestic and international perspectives.
Examines alternative SN structures, strategic alliances, design of delivery systems, and the role of third-party
logistics providers. Guest speakers will share their experiences in managing SNs and services.
Introduction to System Dynamics Introduces system dynamics modeling as applied to corporate strategy.
Uses simulation models, management "flight simulators," and case studies to develop conceptual and
modeling skills for the design and management of high-performance organizations in a dynamic world. Case
studies cover such topics as successful applications of system dynamics in growth strategy, management of
technology, operations, and project management.
Leadership Introduces Fellows to Sloan’s 4 Capabilities Leadership Model; they review the results of their
360° Leadership Assessment and plan development goals with the assistance of a coach. Launches speaker
session series that will continue throughout the year on campus and during domestic and international trips.
Leading Organizations Analyzes through lectures, discussions, and class exercises, the human processes
underlying organizational behavior.
Seminar in Leadership I (includes NYC trip) Builds on the leadership model and speaker sessions
introduced during the summer term. Fellows continue to meet senior executives of private and public
institutions and to discuss key leadership issues from the perspective of top management. For each session,
assigned students prepare preliminary briefings aimed at providing the class with background information on
the speaker and his/her company, as well as the position of the company in the relevant industry sector.
Seminar includes a one-week field trip to New York City.
Managing Technological Innovation Focuses on the challenges inherent in taking advantage of both
incremental or routine innovation and more radical or revolutionary change in products and processes.
Highlights the importance of innovation to both new ventures and to large established firms and explores the
organizational, economic, and strategic problems that must be tackled to ensure innovation is a long-term
source of competitive advantage
Managing New Ventures The main themes focus on what is known about managing innovation ventures in
new or small as well as large or established firms. The first half stresses the importance of understanding the
issues involved in establishing and building new firms, and their potential benefits and limitations. Different
developmental patterns adopted by startups are examined, many involving linkages between new and
established firms. The second half addresses the importance of understanding the problems facing
established firms in maintaining their competitiveness and growth. It examines ways to make them behave
more like smaller nimbler organizations, and of expanding the innovation process beyond traditional firm
boundaries, including collaborations between large and young emerging companies.
Strategic Management Explores concepts and current issues in strategic management, providing
grounding in both modern analytical approaches and enduring successful strategic practices. Course is
designed with a technological and global outlook and covers corporate, business, and functional strategies.
Macro and International Economics Introduces corporate finance and capital markets. Topics include
project and company valuation, real options, measuring risk and return, stock pricing, and the performance
of trading strategies, corporate financing policy, the cost of capital, and risk management. Course provides a
broad overview of both theory and practice.
Global Markets, National Policies & the Competitive Advantages of Firms Examines the development
of a truly global market in products, services, and capital and its effect on competition for businesses and
industries. Explores the evolving rules and institutions governing the new international economic order.
Provides students with the conceptual tools necessary to understand and work effectively in the world today.
Seminar in Leadership II (includes California and international business trips) Continuation of Seminar in
Leadership I. Includes trips to Silicon Valley and international destinations.
Global Strategy and Organization Focuses on the international dimensions of strategy and organization and
provides a framework for formulating strategies in an increasingly complex world economy–and for making
those strategies work effectively. Topics include the globalization of industries, the continuing role of country
factors in competition, organization of multinational enterprises, building global networks, and the changing
managerial tasks under conditions of globalization.
Designing and Leading the Innovative Organization Examines strategies for building, running, and growing
an organization. Subject has four central themes: (1) How to think analytically about designing organizational
systems; (2) How leaders, especially founders, play a critical role in shaping an organization's culture; (3) What
really needs to be done to build a successful organization for the long term; and (4) What one can do to
improve the likelihood of personal success. Addresses the principles of organizational architecture, group
behavior, and performance, interpersonal influence, leadership, and motivation. Through a series of cases,
lectures, readings, and exercises, students develop competencies in organizational design, human resources
management, leadership, and organizational behavior.
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the admissions process?