Leaders for Global Operations

Last updated

Leaders for Global Operations (LGO)
MIT LGO.gif
Former names
LFM (Leaders for Manufacturing)
Established1988
Executive DirectorThomas Roemer
Location,
Massachusetts,
United States
Website http://lgo.mit.edu

Leaders for Global Operations [1] (LGO) is a Dual Degree Engineering MBA program offered by Massachusetts Institute of Technology (MIT), sponsored by the MIT Sloan School of Management (MBA) and MIT School of Engineering (MS engineering). [2] MIT Leaders for Global Operations program ranks 1st in the U.S. News & World Report for 2022's MBA programs in operations and production, [3] 5th overall, [4] and 1st for best engineering school. [5]

Contents

History

MIT LGO began in 1988 as Leaders for Manufacturing (LFM) at a time when Japan and other overseas rivals were challenging U.S. manufacturing dominance in areas including the automotive industry. LGO students, who earn both an MBA form MIT Sloan and an SM from one of seven MIT School of Engineering program in two years, go on to become leaders in manufacturing and operations.

MIT LFM's founding directors were Thomas Magnanti, a former dean of the MIT School of Engineering and later the founding president of the Singapore University of Technology and Design; and H. Kent Bowen, an MIT faculty member in materials science and engineering and electrical engineering and computer science who is now the Bruce Rauner Professor of Business Administration, Emeritus at Harvard Business School. [6]

In 2009, the program announced that it was changing its name from Leaders for Manufacturing to Leaders for Global Operations. The name change reflected the expansion from LFM’s historically broad understanding of manufacturing to encompass all aspects of operations. The change in name and mission allowed the program to address operations challenges beyond such traditional manufacturing sectors as automotive, aerospace, and high tech manufacturing, to include supply chain retailers such as Amazon and Inditex (Zara). [7]

Founding companies

Program Description

Program Timeline

LGO is a 24-month program with the incoming class conducting the LGO Summer Core semester June-August. The LGO Summer Core consists of classes on operations, statistics, probability, optimization, Python programming, and leadership. In September, students conduct the Sloan MBA Core (Economics, Accounting, Communication, and Organizational Processes) with the greater MBA class along with additional MBA and Engineering Electives. [8]

For 2-3 weeks during MIT's January Independent Activities Period, first-year students conduct their Domestic Plant Trek (DPT). DPT consists of visits to partner-company facilities where students receive in-depth tours of company operations and panel discussions with company leadership. [9]

In February, about three-quarters of the class will return to campus to take MBA and Engineering Electives during the spring semester from February to May. In June-December, these students will perform their mandatory six-month internship with an LGO partner company. The remaining quarter of the class will complete their six-month internship in February-August and return to campus for the September-December fall semester for MBA and Engineering Electives.

LGO students return to campus for their final semester in February-May where they complete any remaining elective requirements and also complete a thesis based on their internship projects. [8]

Internship

Every LGO student conducts a six-month industry-based research project. The projects focus on unique research in operations, data analytics, product development, manufacturing, and other high tech problems across many different industries. LGO internships provide an industrial “laboratory” for research on operations management and engineering. Students use cutting-edge advancements to tackle tangible solutions that benefit the host company. Internship research forms the basis for the master’s thesis, which is a dual-degree academic paper.

All LGO internships take place at an LGO partner company. Companies develop business-critical projects in areas at the frontier of operations research and management. [10]

Engineering Departments

Current Partner Companies

The program’s partner companies include: [11]

People

Notable alumni

Related Research Articles

<span class="mw-page-title-main">Columbia Business School</span> Business school of Columbia University

Columbia Business School (CBS) is the business school of Columbia University, a private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest business schools in the world.

<span class="mw-page-title-main">MIT Sloan School of Management</span> Business school of the Massachusetts Institute of Technology

The Sloan School of Management at Massachusetts Institute of Technology is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs, as well as executive education. Its degree programs are among the most selective in the world. MIT Sloan emphasizes innovation in practice and research. Many influential ideas in management and finance originated at the school, including the Black–Scholes model, the Solow–Swan model, the random walk hypothesis, the binomial options pricing model, and the field of system dynamics. The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners.

The Wharton School of the University of Pennsylvania is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. It is the world's oldest collegiate business school, established in 1881 through a donation from Joseph Wharton.

The Walter A. Haas School of Business is the business school of the University of California, Berkeley, a public research university in Berkeley, California. It was the first business school at a public university in the United States.

<span class="mw-page-title-main">London Business School</span> Business school affiliated to the University of London

London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees. LBS is consistently ranked amongst the world's best business schools. Its motto is "To have a profound impact on the way the world does business".

<span class="mw-page-title-main">HEC Paris</span> International business school in France

HEC Paris is a business school and grande école located in Jouy-en-Josas, a southwestern outer suburb of Paris, France. One of the best business schools in the world, it offers MiM, MSc in International Finance, MBA, EMBA, executive education, and PhD programs.

<span class="mw-page-title-main">Tuck School of Business</span> Graduate business school of Dartmouth College, in New Hampshire, US

The Amos Tuck School of Business Administration at Dartmouth College is the graduate business school of Dartmouth College, a private Ivy League research university in Hanover, New Hampshire. The school only offers a Master of Business Administration degree program.

<span class="mw-page-title-main">Ivey Business School</span> Business school at the University of Western Ontario

Ivey Business School is the main business school of the University of Western Ontario, located in London, Ontario, Canada. It offers full-time undergraduate and graduate programs and also maintains two teaching facilities in Toronto and Hong Kong for its EMBA and Executive Education programs. It is credited with establishing the nation's first MBA and PhD programs in Business. Ivey Business School is known for its case-based approach to teaching, and has consistently ranked as one of the top business schools in Canada.

<span class="mw-page-title-main">Samuel Curtis Johnson Graduate School of Management</span> Graduate business school of Cornell University

The Samuel Curtis Johnson Graduate School of Management is the graduate business school in the SC Johnson College of Business at Cornell University, a private Ivy League university located in Ithaca, New York. It was founded in 1946 and renamed in 1984 after Samuel Curtis Johnson, founder of S.C. Johnson & Son, following his family's $20 million endowment gift to the school in his honor—at the time, the largest gift to any business school in the world.

<span class="mw-page-title-main">Yale School of Management</span> Graduate business school of Yale University

The Yale School of Management is the graduate business school of Yale University, a private research university in New Haven, Connecticut. The school awards the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), Master's Degree in Systemic Risk (SR), Master's Degree in Global Business & Society (GBS), Master's Degree in Asset Management (AM), and Ph.D. degrees, as well as joint degrees with nine other graduate programs at Yale University.

The Weatherhead School of Management is a private business school of Case Western Reserve University located in Cleveland, Ohio. Weatherhead offers programs concentrated in sustainability, design innovation, healthcare, organizational behavior, global entrepreneurship, and executive education. The school is named for benefactor and Weatherchem owner Albert J. Weatherhead III, and its principal facility is the Peter B. Lewis Building.

The Desautels Faculty of Management is a faculty of McGill University in Montreal, Quebec, Canada. The faculty offers a range of undergraduate and graduate-level business programs, including the Bachelor of Commerce, Master of Business Administration and Doctor of Philosophy in management degrees. The Faculty of Management also offers a joint MBA/Law program with McGill's Faculty of Law.

<span class="mw-page-title-main">Olin Business School</span> Business School at Washington University in Saint Louis, Missouri

The Olin Business School is the business school and one of seven academic schools at Washington University in St. Louis. The school offers undergraduate, master's, doctoral, and executive programs.

The Leonard N. Stern School of Business is the business school of New York University, a private research university based in New York City. Founded as the School of Commerce, Accounts and Finance in 1900, the school received its current name in 1988.

Samsung Global Scholarship Program is a talent program of Samsung Electronics (SEC). Focusing on the goal of having talented personnel with strong business skills, leadership potential and career aspirations, SEC recognized the compelling need for high-quality leaders, hence the Global Scholarship Program was created to nurture a very selectively compiled group of individuals, who later in the long run might become leaders of the various SEC subsidiaries around the world, replacing the Korean-national management layer. It differs from Samsung Scholarship, formerly known as Samsung Lee Kun-hee Scholarship for supporting exceptionally talented Korean university students for global educations in mostly STEM fields.

Post Graduate Program For Executives For Visionary Leadership in Manufacturing (PGPEX-VLM) is usually an MBA program designed for promising engineers drawn from the manufacturing and associated sectors, who have the potential for top management positions.

Tsinghua University School of Economics and Management, is the business school of Tsinghua University in Beijing, China. The school offers undergraduate, master, doctoral, and many executive education programs, with a total enrollment of more than 3,000 students.

The Stephen M. Ross School of Business at the University of Michigan is the business school of the University of Michigan, a public research university in Ann Arbor, Michigan. It was founded in 1924.

The Tepper School of Business is the business school of Carnegie Mellon University. It is located in the university's 140-acre (0.57 km2) campus in Pittsburgh, Pennsylvania.

<span class="mw-page-title-main">Guadalupe Hayes-Mota</span> American biotechnologist

Guadalupe Hayes-Mota is an American biotechnologist, the CEO of Healr Solutions, a Lecturer at MIT and a Massachusetts Rare Disease Advisory Council Member.

References

  1. "Engineering Masters and MBA | MIT LGO - Leaders for Global Operations". Lgo.mit.edu. Retrieved March 4, 2023.
  2. "MIT LGO Main Page". MIT LGO. MIT Leaders for Global Operations. Retrieved August 27, 2015.
  3. "US News & World's Best Production/Operations Programs". U.S. News & World Report. Retrieved September 10, 2021.
  4. "US News & World's Best Business Schools". U.S. News & World Report. Retrieved September 10, 2021.
  5. "US News & World's Best Graduate Engineering Schools". U.S. News & World Report. Retrieved September 10, 2021.
  6. "MIT LGO logs 25 years as a leader in manufacturing and operations". MIT News | Massachusetts Institute of Technology. October 1, 2012. Retrieved February 1, 2024.
  7. ceemit (June 1, 2009). "Leaders for Manufacturing changes name to Leaders for Global Operations". cee.mit.edu. Retrieved February 1, 2024.
  8. 1 2 "Academics | Dual Degree Program". MIT LGO - Leaders for Global Operations. Retrieved February 1, 2024.
  9. "Treks & Travel". MIT LGO - Leaders for Global Operations. Retrieved February 1, 2024.
  10. "Operations Management Internships | MIT Leaders for Global Operations". MIT LGO - Leaders for Global Operations. Retrieved February 1, 2024.
  11. "Partner Companies". MIT LGO Website. MIT LGO. Retrieved January 31, 2024.

"Partner Companies". MIT LGO Website. MIT LGO. Archived from the original on September 1, 2015. Retrieved August 31, 2015.