#mitsloan

With its exceptional faculty, access to MIT’s vast resources, and a global network of influential leaders, the MIT Sloan Fellows MBA is the ultimate program for professionals looking to elevate their careers. For those seeking expert guidance in their admissions journey, GenEdMBA is the best admission advisor to help you craft a compelling application and secure a spot in this prestigious program.

Reposted from @mitsmr Before COVID-19, there was apprehension about robots and artificial intelligence. Now, we're overlooking our former uneasiness about AI as increasingly, the technology's perceived value outweighs its anticipated downsides. ⁣ ⁣ However, there are many considerations we have to make before becoming more reliant on AI during the pandemic.⁣ ⁣ First, we need to be mindful of AI's bias. For example, the potential of AI algorithms to assist with health care decision-making is vast. We know that many forms of bias underlie data sets and can interfere with data quality. These problems predate the advent of AI, but they could become more widely encoded into the fabric of the health care system if they're not corrected before AI becomes widespread.⁣ ⁣ Second, privacy concerns for data collection and accuracy are a growing problem. Companies worldwide are proposing phone-based apps that track individuals' contact with those diagnosed with or recovering from the virus. One might make a compelling argument that this is justified until the pandemic ends. Yet, once the precedent is established, how do you remove that power from governments and companies? ⁣ ⁣ It's tempting to cast aside specific regulations and protections in an emergency. After all, it may be what is needed in the short term to protect people and save lives. Yet we must not fail to prepare for what comes after this global emergency. ⁣ ⁣ Adapted from "AI, Robots, and Ethics in the Age of COVID-19." . . . #MIT #MITSMR #MITSloan #MITSloanManagementReview #leadership #management #covid19 #AIethics - #regrann (en El Silencio, Distrito Federal, Venezuela) https://www.instagram.com/p/CAeGGwIHpqc/?igshid=181rxu3go5nb6

Reposted from @mitsmr Out of short-term necessity, organizational responsiveness to COVID-19 has mainly been reactive. The above decision tree can help you more proactively think through your potential COVID-19 response options.⁣ ⁣ As your organization moves from a reactive to a proactive approach to dealing with COVID-19, you should ask the following three questions:⁣ ⁣ 1. Can we offer a version of our products and/or services through an online channel? Going online is the closest equivalent to low-hanging fruit in the current environment.⁣ ⁣ 2. Can we use our existing infrastructure to produce products and/or offer services that are in demand? This question is especially relevant for organizations facing reduced consumer demand. Many organizations have allocated infrastructure to produce goods and services to support the fight against COVID-19. Still, some strategic companies are thinking beyond the crisis to future changes in consumer needs.⁣ ⁣ 3. How can we rapidly increase our capacity to produce and distribute products and/or services? This question is most relevant for organizations that are struggling to keep up with virus-fueled demand. Turning to partnerships with other companies can boost capacity in a crunch.⁣ ⁣ Answering these questions and responding strategically to the current crisis requires a high degree of creativity, openness to challenging assumptions, and a willingness to look beyond the obvious in addressing the threats — and embracing the new opportunities — created by COVID-19.⁣ .⁣⁣⁣ .⁣ .⁣⁣⁣ #MIT #MITSMR #MITSloan #MITSloanManagementReview #leadership #management #collaboration #covid_19 ⁣#innovation - #regrann (en El Silencio, Distrito Federal, Venezuela) https://www.instagram.com/p/B_5fjY4HMUc/?igshid=n3za8pglf2h1

Reposted from @mitsmr This time stuck at home is the perfect opportunity to reawaken our dormant ties. These are the underexploited links and relationships that we might have forgotten about with the distance of time and geography — for example, university friends, coworkers from a previous job, former neighbors, or even distant relatives. Existing research has shown the power of reconnecting dormant relationships, especially when individuals share similar experiences.⁣ ⁣ The current uncertain climate prompts sensemaking — not only by gathering news from our contacts but also by sharing personal updates about how the global situation is affecting us. Now is the time to reopen online discussions that have been left idle and reach out to old friends and colleagues via social media platforms or, perhaps, even an old-fashioned phone call.⁣ ⁣ By offering a new source of moral support, a platform to share ideas, and access to others’ perspectives in a situation of high uncertainty, reawakening our dormant ties could make us more resilient to both the current situation and what might come our way. Investing in relationships, both old and new, is one way to make use of the time we have at home and engage in meaningful reconnections at a time when our relationships are so vital.⁣ .⁣ .⁣ .⁣ #MIT #MITSMR #MITSloan #MITSloanManagementReview #leadership #management #covid_19 #covid19 #networking - #regrann (en El Silencio, Distrito Federal, Venezuela) https://www.instagram.com/p/B_iDxg_Hzxt/?igshid=1duansz82ynzk

So what am I getting at? What is the nudge here? The nudge lies in the fact that upfront MIT asked students to write only a 300 word cover letter and a minute long video. What this did was ease the process of application upfront and hence probably more people were willing to apply to Sloan. While there was another essay due at the time of interview but then that’s the quality of a nudge. People do not pay attention to this essay which is due later but pay a lot of attention to what is due upfront.

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