Business and management

India New England News speaks with MIT MBA alumna Dipali Trivedi about her work as a co-founder and mentor, as well as the importance of encouraging women to pursue leadership roles in the companies they have founded. “I enjoy bringing innovation to a complex domain with the help of next generation technology,” says Trivedi. “Seeing your idea materialized and used by thousands of people is an amazing experience, I enjoy solving challenges of launching new venture ground-up.”

Joseph Coughlin, director of the MIT AgeLab, writes for Forbes about the impact Baby Boomer and Gen X retirement can have on the increasing labor shortage in the United States. “While some millennials can’t wait for the Boomers and older Gen X’ers to step aside in the job market, there are critical labor shortfalls in many key industries that will be sharply felt by Millennials as consumers and as the next generation of leadership in business and government,” writes Coughlin.

A new study co-authored by Prof. Pierre Azoulay finds that immigrants are 80% more likely to start businesses than people born in the U.S., reports Yasmin Amer for WBUR. "[Immigrants] create more firms pretty much in every size bucket," says Azoulay. "They create more small firms, they create more medium sized firms. They create more firms that will grow up to be very large."

Prof. Jared Curhan has found that “breakthroughs in negotiations occurred nearly twice as frequently after a conversational lapse of between 3.5 and 9.5 seconds as they did at any other point in the conversation,” reports Heidi Mitchell for The Wall Street Journal.

Prof. Jackson G. Lu co-authored a research article which suggests “East Asian students are also struggling in classrooms where assertiveness is expected but not necessarily encouraged within their cultures,” reports Katherine Mangan for The Chronicle of Higher Education.

Amazon workers from Staten Island have become the first group to vote in favor of unionizing, reports Ari Levy and Annie Palmer for CNBC. “I would expect now that there is this first victory on the part of a union that Amazon is going to have to reassess its labor relations strategy and begin to negotiate in good faith to reach an agreement,” says Prof. Tom Kochan.

Educators from the Asia School of Business and MIT have developed a course aimed at teaching central bankers how the market is impacted by bottlenecks and how monetary policy can help, reports Enda Curran for Bloomberg.  “The curriculum covers topics that include crisis prevention, behavioral finance, cybersecurity, digital currencies, and ethics,” writes Curran. 

Forbes contributor Rick Miller spotlights “In Pursuit of the Perfect Portfolio: The Stories, Voices, and Key Insights of the Pioneers Who Shaped the Way We Invest,” a new book by Prof. Andrew Lo and Prof. Stephen Foerster of the University of Western Ontario. The book “provides historical perspective on the development of modern investment theory and practice,” writes Miller.

Cary Lin MBA ’16 co-founded Common Heir, a clean and plastic-free beauty company dedicated to creating “a high-impact line of skincare that had a low impact on the environment,” reports Geri Stengel for Forbes.

Ella Peinovich ’12 co-founded Powered by People, a wholesale e-commerce platform based in Kenya that connects small brands to global markets, reports Annie Njanja for TechCrunch. “We are providing these businesses with new visibility into the specialty retail market in North America,” says Peinovich.

Daleep Singh, an MIT alumnus and the United States Deputy National Security Advisor for International Economics, speaks with CBS journalist Sharyn Alfonsi about the economic sanctions being used to combat Russia’s attack on Ukraine. “In this century, our view is power is much more closely tied to your economic strength, technological sophistication, and your story,” says Singh.

Quipu Market, co-founded by Mercedes Bidart ’19, Juan Cristobal Constain ’18 and Gonzalo Ortegoa ’19, was named one of Fast Company’s most innovative companies in Latin America, reports Fast Company reporter Adam Bluestein. Quipu Market is “a web-based and mobile platform that allows individuals and small entrepreneurs in low-income communities,” writes Bluestein, “to conduct trade using virtual tokens, helping microbusinesses gain visibility and build creditworthiness even without access to formal banking.”

Boston Globe reporter Michael Silverman spotlights the MIT Sloan Sports Analytics Conference, which is highlighting the resiliency of the sports industry.

Forbes contributor Patrick Rishe spotlights the 2022 MIT Sloan Sports Analytics Conference, which addressed equity analytics, the Rooney rule, sports marketing in the metaverse, and the future of AI in sports. “Advancements in technology and tracking granular layers of fan behavior at (and away from) sports venues are giving brands deeper insights on connecting a particular partnership with real consumer purchase intentions,” writes Rishe.

Writing for The Washington Post, Prof. Sinan Aral explores the information war underway over traditional and social media about the Russian invasion of Ukraine. “While it is hard to pinpoint the extent to which the information war is contributing to the overwhelming international unity against Putin’s aggression,” writes Aral, “one thing is clear: Social media, mainstream media and the narrative framing of the invasion of Ukraine undoubtedly will play an important role in how this conflict ends.”