MIT LGO - Operations Management MBA and Engineering Masters

LGO Alumni Newsletter March 2005

Message from Don Rosenfield

We are in the midst of some important events for both the short and long term. In response to our partners, we developed a proposal to start programs similar to LFM in two Chinese universities, Tsinghua University and Shanghai Jiao Tong University. The model for this is based on the Sloan School's development of international MBA programs at four Chinese universities where faculty and administrators from these universities spend extended periods at MIT. In order to make the venture a success, we will need to gain commitments of a number of companies in addition to the partner companies that have already committed.

Additionally, we are also in the midst of decisions on internships and admissions. On Friday, February 25, we made our internship assignments, and later this week we will finalize admissions decisions.

Don Rosenfield

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LFM Alumni Council

Each month a group of dedicated alumni gathers on phone conference to aide the LFM community. We strive to increase the value of the LFM network and use the voice of the alumni to influence the program towards issues relevant in today's world. All LFM Alumni are welcome.

Part 1 Featured Initiative (30 minutes)

  • Potential structure to facilitate alumni who would like to explore working for LFM partner companies

Part 2: Old Business/Assignment Update (15 minutes)

Part 3: New Business (10 minutes)

  • Open -- please bring any issues.

If you have any questions or comments about the LFM Alumni Council, please contact Alison McCaffree by email at alisonmc@mit.edu.

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On-Line Seminars

March's On-line Seminar is scheduled for March 18. Please check the OLS website for further detailed announcements.

When: Friday March 18th, 9AM PST / 12noon EST

Quick Log on Info: www.wireone.com 1-800-573-0319 (or 610-312-0239),
Participant code: 19247030.
Please send feedback to: websemfeedback@mit.edu

Topic: Commercializing Nanotechnology: Case Study on Carbon Nanotubes

Speaker: Brian Lim, CEO and Founder of Atomate Corporation

Abstract: Nanotechnology will change the world and enable the creation of entirely unforeseen products.  From aerospace, communications, computing, networking, medicine, and most other applications, there is a strong economic incentive to commercialize nanotech discoveries.  Although significant progress has been made in this field, bridging the gap between promising laboratory results and products that can deliver a compelling value proposition will require solving a number of very difficult problems.  This talk will use the carbon nanotube as a case study to outline the potential products, evolution of processing techniques, current methods, and challenges for commercialization.

Brian Lim is the CEO and Founder of Atomate Corporation.   Atomate develops complete systems, innovative components, and critical materials optimized for the synthesis of nanotubes and nanowires.  Prior to Atomate, Brian was VP of Product Management and Business Development at NanoDevices (acquired by Veeco); VP of Product Development and Engineering at Perceptronics - Alpha Virtual (acquired by Veridicom); VP of Marketing at Broadware; Director of Product Marketing for StarOffice (acquired by Sun Microsystems); and Product Manager at Sun Microsystems. Brian also engineered mission-critical devices for interplanetary science instruments for 8 years at NASA-JPL. Brian earned his MS in Engineering and Management from the MIT System Design and Management Program and BS in Mechanical Engineering, also from MIT.

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Report on LFM Partnership Meetings

LFM Governing Board Meeting
On February 4, the LFM Governing Board met in Phoenix, Arizona, hosted by Honeywell. The half-day meeting focused on two topics—the on-going discussion about an LFM in China initiative (see Don’s note above) and the roles and responsibilities of the various stakeholders in the LFM partnership.

Regarding the China initiative, the discussion at the meeting focused on the following issues:

  • Financial model
  • Governance structure
  • Engineering and Management balance
  • Protecting/enhancing the MIT, LFM, and partner company branding for this effort

A clear consensus developed in the meeting that, while the LFM in China effort was important, the Program Office needed to come back with a modified proposal including a financial model that expanded some of the funding load to other potential partners, a better articulation of the value proposition for the partners, and an emphasis on the joint Engineering/Management nature of LFM.

On the roles and responsibilities of the various stakeholders of the partnership, the Governing Board reviewed a roles and responsibilities matrix developed at last June’s LFM Workshop and recommended various changes to be presented at the Operating Committee for their response on February 18.

They also defined who should be in both bodies with the make-up of Governing Board to include representatives from the managing partners, deans, and the co-directors.

The Governing Board also agreed upon the make-up of the Operating Committee, which includes—

  • Governing Board appointed representatives from their companies
  • Limited partners representatives
  • Director of ESD (Hastings); Deputy Dean (Osterman)
  • Small group of key faculty
  • Formal student representatives, one from each class
  • One formal alumni representative (to be elected at annual meeting)
  • Meeting to be chaired by industry co-director

LFM Operating Committee
On February 18, the LFM Operating Committee met at the Faculty Club at MIT. Topics for discussion include: a report on the Governing Board meeting’s discussion on the LFM in China initiative and the partnership roles and responsibilities, new partners, and LFM finances.

Also speaking at the meeting were students from the LFM 06 Strategy and Vision Committee who presented results of their research as a response to the request at last September’s Operating Committee discussion to better understand the dynamics of recruiting LFM students by consulting companies and the potential of using forgivable loans as an incentive for students to go into manufacturing and/or partner companies.

Their presentation included results of research on:

  • LFM and Financial Aid
    • What type of students does LFM attract?
    • What is the role of financial aid?
    • What is the impact of forgivable loans on matriculation
  • LFM Internship and Recruiting - Value Capture
    • Partner Return for Internships
    • Recruiting and Retention

Discussion of these topics will continue at the upcoming June Workshop, June 8-10, at the Intel plant in Hudson.

Alumni attending the Operating Committee meeting included: Brent Beabout (Amazon, LFM 02), Morgan Burke (Intel, LFM 92), Jennifer Felch (Dell, LFM 97), Jay Fiske (Teradyne, LFM 98), Charlie Hix (Boeing, LFM 98), Mike Parkins (Honeywell, LFM 04), and Mike Peterson (GM, LFM 94).

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MIT at 2005 NSBE Conference

MIT will take a major role in this year's National Society of Black Engineers Convention.

Key Events involving LFM-SDM and ESD include:
Thursday, 3/24/05
10:30 - 6:00 pm
Career Fair--Broad Institute, MIT Engineering Systems Division (including SDM and LFM), Human Resources, Lincoln Lab.

Visit us in booths 2829, 2831,2833, 2835!

Friday, 3/25/05
Noon - 5:00 pm
Career Fair continued

3:00 -4:30 pm
MBA panel--
Debra Woog McGinty - Leaders for Manufacturing Admissions Director

6:00 - 9:00 pm
Evening Hospitality Suite -- Sponsored by Black Alumni of MIT, MIT Engineering Systems Division, Graduate Students Office, MIT Sloan School of Management

Saturday, 3/26/05
Noon - 4:00 pm
Graduate School Fair -- MIT School of Engineering, MIT Engineering Systems Division, Graduate Students Office, Department of Computational Biology

Noon - 1:30 pm
Professor Daniel Hastings, ESD Director, to speak on interdisciplinary education for engineers and the Program on Emerging Technologies (PoET)

If you have any questions about LFM-SDM’s participation in NSBE or if you are planning to attend and would like to help out at the booth, contact Lois Slavin.

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LFM-SDM/ESD on the Web

Joel Cutcher-Gershenfeld Co-Authors New Book on Organizational Learning Systems
http://esd.mit.edu/HeadLine/cutcher-gershenfeld_book.html

"Logistics Management" Features Q&A with MLOG Director Chris Caplice
http://esd.mit.edu/HeadLine/driving_tms.pdf

Kiplinger.com Features Supply Chain 2020
http://esd.mit.edu/HeadLine/supply_chain_2020/kiplinger.pdf

The inaugural edition of the MIT Engineering Systems Division's online newsletter, ESD Reports , is now available at http://esd.mit.edu -- this will take you to the ESD home page. Click on the link at the top of the right-hand navigation bar under ESD Spotlight, and you will get to ESD Reports.

The theme for this edition is "Leadership." In addition to articles about Leadership in several of ESD's academic programs and research centers, you will also find general news of recent awards, honors, publications and a schedule of upcoming ESD events.

We hope you enjoy ESD Reports and we invite your feedback and submissions.

Best wishes,
Daniel Hastings, Ph.D.
Professor of Engineering Systems and Aeronautics and Astronautics
Director, MIT Engineering Systems Division

Mark your calendar! Upcoming Events

March 1, 2005
MIT CTL Supply Chain Exchange Symposium
At the Crossroads of Supply Chain and Strategy

Location: Wong Auditorium, MIT Campus
Time: 8:00 am - 5:15 pm
Contact: Nancy Martin, nmartin@mit.edu
Details: http://esd.mit.edu/HeadLine/calendar/2005/030105ctl.html

March 8, 2005
LFM Prosem
Speaker: Chip Goodman, Founder, American Medical Concepts
Location: E51-325
Time: 4:00 - 5:30 pm
Contact: Kevin Lennox, klennox@mit.edu

March 29, 2005
LFM Proseminar
Speaker: Dr. Kenneth Geiser: Chair of TURI (Toxics Use Reduction Institute) Advisory Board, University of Massachusetts Lowell
Location: E40-325
Time: 4:00 - 5:30 pm
Contact: Jason Kary, jkary@mit.edu

March 31, 2005
LFM Prosem
Speaker: General Peter Pace, Vice Chairman, JCS, USMC
Location: E51-325
Time: 4:00 - 5:30 pm
Contact: Sean Holly, sholly@mit.edu

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LFM Alumni Reference Information

LFM Student Program site: http://lfm.mit.edu

Log in to the Virtual Community for alumni information, to find other alumni, update your information, or find theses. If you have trouble getting in, contact lfmsdmvc@mit.edu, or use the "forgot password" button. If the email address you submit is in our system, your username and password will be sent to you.

Alison McCaffree, Research and Knowledge Transfer

Jon Griffith, Operations and Partner Integration

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