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Data Science, global business, management and MBA

Entries from 2022-07-01 to 1 month

Day 31 in MIT Sloan Fellows Class 2023, Challenges for Japanese Student - currency

In this topic, I will articulate typical challenges Japanese students face in international MBA programs. Currency and scale matters Each country has its own currency, but the U.S. dollar has always been the key currency.It is said that Ja…

Day 30 in MIT Sloan Fellows Class 2023, Introduction to Operation management 3 - SHEIN

Before fast fashion era Zara, H&M, and Uniqlo changed the paradigm in the fashion industry. Before these fast fashion companies, traditional manufacturers such as GAP order massive production and sell them with discounts. So mass productio…

Day 29 in MIT Sloan Fellows Class 2023, Introduction to Operation management 2 - Machine Learning Process Flow Diagram

Process flow diagram and capacity analytics You can find the basics about these concepts on my previous blog article() According to what I learned, I try to form the optimization problem in ML workflow in a simple diagram because capacity …

Day 28 in MIT Sloan Fellows Class 2023, Organizational Processes -3 Lincoln Electric

Lincoln Electric www.youtube.com Lincoln Electric Holdings, Inc. is an American multinational and global manufacturer of welding products, arc welding equipment, welding consumables, plasma , and oxy-fuel cutting equipment, and robotic wel…

Day 27 in MIT Sloan Fellows Class 2023, Introduction to Operation management 1 -McDonalds and Burger King

Introduction to operation management This course provides concepts, techniques, and tools to design, analyze and improve core strategic and operational capabilities. It covers broad industries and applications. Provides concepts, technique…

Day 26 in MIT Sloan Fellows Class 2023, Organizational Processes -2 Three Lens

Three lenses to see organizations Three lenses There are three different lenses. Strategic design, political, and culture. Blue lens-Strategic design For blue lens, leaders should act like engineers. To develop a great environment, leaders…

Day 25 in MIT Sloan Fellows Class 2023, Organizational Processes -1 firefighting

Firefighter syndrome You can find the article about Firefighting in Product Development https://web.mit.edu/nelsonr/www/TippingV2_0-sub_doc.pdf This syndrome has several critical disadvantages. It destroys your "normal" processes and decis…

Day 24 MIT Sloan Fellows Class 2023, Reflection of First half in Summer

Reflection of 1st half in summer. 15.060 Data, Models, and DecisionsThis is a unique course at MIT Sloan. We tackled some business data problems by team or an individual. What I really like about this course is that it is always business-c…

Day 23 in MIT Sloan Fellows Class 2023, Facilitation skill

What is "facilitation"? Balance to the goal Facilitation is a technique to get the right balance of results, relationships, and processes. So everyone should consider the following responsibilities. Define the purpose of meetings Design a …

Day 22 in MIT Sloan Fellows Class 2023, Introduction to marketing and strategy -6 + Applied Economics

Game Theory - Dynamic game- Game theories http://sisdin.unipv.it/lab/personale/pers_hp/ferrari/EECI_DEDICO/6b-DMPC_DeDiCo.pdf In E-con class, we learned Dynamic game theory, which allows players sequential decisions. In this lecture, I fou…

Day 21 in MIT Sloan Fellows Class 2023, Leadership learning from cohorts - 5

Conflict One day we were talking about the definition of a niche market. I stated that one requirement was to not grow, to stay small. My opinion was not valued and was rejected unfortunately. I had a firm confidence in myself. The problem…

Day 20 in MIT Sloan Fellows Class 2023, Self-reflection-1

One month passed after joining MIT Sloan Fellows in the class of 2023. We have enjoyed a lot of joyful moments and conflicts in private and study groups. I recommend an MBA because you can find the best benchmark for your strengths and wea…

Day 19 in MIT Sloan Fellows Class 2023, Learning from our cohort -4

Background She is from a bank in Taiwan. I remember the first time we talked in the orientation period. She said what matters most to her. Integrity. She is demonstrating her statement. Credibility She does not talk a lot and interrupts ot…

Day 18 in MIT Sloan Fellows Class 2023, Power and Privilege

The definitions of power and privilege Power Ability to influence and impact our environment Ability to impact/influence across many different situations. Privilege A right/immunity granted as a particular benefit/advantage/favor Power may…