MIT Sloan MBA Candidate Nilanjana Bhattacharyya
I’ve always been curious about the West Coast, especially San Francisco and Silicon Valley. Growing up in India and then working in the oil & gas industry in Latin America and Texas, I didn’t have much opportunity (or reason) to visit the Bay Area.
Now that I’m an MBA student at MIT Sloan, I want to explore the tech sector as a possible career path. So when I heard about the annual “Tech Trek” to San Francisco and Silicon Valley, I jumped at the chance. Not only could I finally check out the West Coast, I also could check out tech companies – including several that don’t recruit on the MIT campus – and see if they might be a good fit for me.
Throughout the week, our group of 30 MBA students visited a mix of large and mid-sized companies in the hardware, software, and consulting areas. While they were all quite different, a common theme seemed to be an appreciation for being “scrappy.” In reality, some companies were scrappier than others, but it’s interesting that most tech companies embrace the concept of “all hands on deck” these days, especially since many have incredibly high valuations and in theory could afford an army of people in different functions.
MIT Sloan Senior Lecturer Jason Jay
From The Huffington Post
The UN international climate change negotiations in Paris, COP21, concluded on Saturday. The outcome: 196 countries came to the table, and committed to preventing the worst effects of climate change. For the first time, developing countries recognized their future responsibility, while developed nations acknowledged their historic contribution. Together they set out an aggressive goal to keep global warming below 1.5 degrees C. Like countless others, I eagerly shared the news on my Facebook feed and I rushed to explain the significance to my five-year-old son.
Reading responses to the COP21 accord in the news and social media, however, revealed a wide mix of reactions. Some share my enthusiasm; others are more tentative, wondering how “they” can follow through on targets that are aspirational and not binding. There is a chorus of critiques, from multiple sides of the political spectrum. Many have validity, particularly those grounded in the science who have run the numbers on future warming.
MIT Sloan Management Review Executive Editor David Kiron
Once upon a time, resource-intensive industries—like paper manufacturing—faced constant criticism and public pressure from environmental groups. Attacks by Greenpeace on Asia Pulp & Paper (AP&P), for example, caused some customers to withdraw their orders.
But times are changing.
When, in 2012, AP&P wanted to remake its business model and how it acquires raw material — a significant undertaking—it waved the white flag and invited Greenpeace into the boardroom to help the company change its forestry sourcing practices.
“Never in our history had our shareholders sat in the same room with a ‘radical’ NGO like Greenpeace,” says Aida Greenbury, an AP&P managing director. “So it’s quite groundbreaking that we now sit together in our boardroom to discuss strategy and incorporate their input.”
AP&P’s experience is just one example of the burgeoning phenomenon of companies collaborating for sustainability, with a focus on transformational, strategic results. The practice of corporate sustainability is steadily moving beyond ad hoc.
MIT Sloan Prof. Christopher Knittel
From WBUR Cognoscenti
When a group of students recently met with me about getting MIT to divest from fossil fuels, I suggested a more effective approach: If they really want to mitigate climate change, I suggested, start by calling out politicians and others who continue to deny the scientific consensus about climate change and its causes. And as I thought about the need to hold people accountable for the consequences of their science denial, I realized that institutions such as my own — not just our students — also need to get off the sidelines. We need to do a better job of defending and championing scientific truth.
And we cannot wait. The title for a Senate Committee on Environment and Public Works that opened on July 18 gets it right:“Climate Change: It’s Happening Now.” But so, too, is denial, and not just of the manmade causes of climate change.
Image Credit: Mars.com
The Sustainability Initiative at MIT Sloan fosters a community of innovators for sustainability among students and alumni. Take Shayna Harris, who is the cocoa sustainability manager for Mars Global Chocolate, for instance. Her job—which involves travelling to cocoa farms throughout Indonesia and Africa—helps farmers to increase their yields, which both boosts the global supply of cocoa and lifts people out of poverty. Shayna recently blogged about her job at Bloomberg Businessweek.– Jason Jay, Director, Sustainability Initiative at MIT Sloan
From Bloomberg Businessweek
A public service announcement to chocolate lovers: The world is facing a severe cocoa shortage by the year 2020. A deficit of this magnitude threatens the future of desserts and tasty snacks everywhere. Imagine a life without M&Ms, Snickers, and Dove Bars. Bleak, right?
All kidding and product placement aside (full disclosure: I’ve worked for Mars Global Chocolate since graduating from MIT Sloan School of Management three years ago), this is serious business. The chocolate industry continues to grow, but today’s cocoa farmers don’t have access to the training and tools they need to boost productivity and meet future demand.