Charlie Baker is an effective manager, but is he a leader? — Bill Aulet

MIT Sloan Senior Lecturer Bill Aulet

MIT Sloan Senior Lecturer Bill Aulet

From the Boston Globe 

In the fall of 1977, the aspiring Harvard varsity basketball players used to play pickup games every afternoon. All of us were vying for the limited spots on the team. The competition was fierce. I remember one not particularly athletic guy, less of a thoroughbred and more of workhorse, a Clydesdale. I did not see him making the team, but Charlie Baker surprised us. He not only made the team, but turned out to be a terrific teammate.

Governor Baker’s challenges now are much bigger and more significant, but the same attributes he showed back then — a hard worker who knows his limits, a guy who doesn’t take himself too seriously, but is still comfortable being an enforcer when needed — have never left him. Read More »

MIT Sloan Experts Twitter Chat: #FailBetter – Anjali Sastry and Kara Penn

 

MIT Sloan Sr. Lecturer Anjali Sastry

MIT Sloan Sr. Lecturer Anjali Sastry

Smart leaders, entrepreneurs and change agents bravely push innovation to the limit, but do so with a key theme in mind: ensure every failure is useful.

Join Anjali Sastry, Senior Lecturer at MIT Sloan (@AnjaliSastry), and Kara Penn, MBA ’07 (@kara_penn), on Tuesday, December 8, from 7 pm to 8 pm as they discuss the research and inspiration behind their book, Fail Better: Design Smart Mistakes and Succeed Sooner.

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New models to predict recidivism could provide better way to deter repeat crime — Cynthia Rudin

MIT Sloan Asst. Prof. Cynthia Rudin

MIT Sloan Asst. Prof. Cynthia Rudin

From The Conversation 

In the US, a minority of individuals commit the majority of crimes. In fact, about two-thirds of released prisoners are arrested again within three years of getting out of jail.

This begs the question: is there a way to predict which prisoners are more likely to become repeat offenders?

Recidivism prediction is important because it has significant applications in terms of allocating social services, policy-making, sentencing, probation and bail. From judges to social workers, all parties involved need to be able to work together and understand the risk posed by various individuals. Read More »

MIT to pioneer science of innovation — Irving Wladawsky-Berger

MIT Sloan Visiting Lecturer Irving Wladawsky-Berger

MIT Sloan Visiting Lecturer Irving Wladawsky-Berger

From The Wall Street Journal

“Innovation – identified by MIT economist and Nobel laureate Robert Solow as the driver of long-term, sustainable economic growth and prosperity – has been a hallmark of the Massachusetts Institute of Technology since its inception.” Thus starts The MIT Innovation Initiative: Sustaining and Extending a Legacy of Innovation, the preliminary report of a yearlong effort to define the innovation needed to address some of the world’s most challenging problems. Released earlier this month, the report was developed by the MIT Innovation Initiative, launched a year ago by MIT President Rafael Reif.

I found the report quite interesting, both because I’ve been closely involved with innovation activities through a great part of my career, and because since 2005 I’ve been affiliated with MIT. Beyond MIT, the report should be of value to anyone interested in the growing importance of innovation to institutions, economies and societies around the world.

A decade ago I was part of the National Innovation Initiative, a major effort convened by the Council on Competitiveness to develop a U.S. innovation agenda. Its final report Innovate America: Thriving in a World of Challenge and Change, was released in December of 2004. The report did an excellent job in explaining the role innovation plays in U.S. competitiveness. It included more than 60 detailed recommendations in three major areas: talent, investment and infrastructure.

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How to tackle America’s physician shortage — Barbara Dyer

MIT Sloan Senior Lecturer and Visiting Scientist Barbara Dyer

MIT Sloan Senior Lecturer and Visiting Scientist Barbara Dyer

From Fortune

Since the Affordable Care Act (ACA) was enacted in 2010, 16.4 million Americans have entered the healthcare system. This record number of insured individuals applies tremendous pressure on an already stretched system, but it also creates opportunities for innovation. The population of newly insured patients includes many who are living close to the poverty line. The rate of low-wealth Americans who are now insured increased by 13% while a Gallup poll found that low-wealth Americans were more likely to struggle with chronic conditions such as diabetes, obesity, depression, and high blood pressure.

In order to effectively meet the increased patient load, health centers must be prepared to manage the influx of new patients efficiently and cost-effectively. Complicating this is the Association of American Medical Colleges (AAMC) finding that the U.S. is headed towards a “doctor shortage.” The AAMC estimates that total physician demand will grow by up to 17%, which translates into a shortage of more than 31,000 primary care doctors and up to 63,700 other physicians by 2025.  Read More »