Thomas W. Malone (born 1952) is an American organizational theorist, management consultant, and the Patrick J. McGovern Professor of Management at the MIT Sloan School of Management.
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts, United States. 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.
Malone received his BA in applied mathematics, graduating magna cum laude from Rice University. He earned his MS in engineering-economic systems, and his Ph.D. in cognitive and social psychology, both from Stanford University.
A Bachelor of Arts is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, sciences, or both. Bachelor of Arts programs generally take three to four years depending on the country, institution, and specific specializations, majors, or minors. The word baccalaureus should not be confused with baccalaureatus, which refers to the one- to two-year postgraduate Bachelor of Arts with Honors degree in some countries.
Applied mathematics is the application of mathematical methods by different fields such as science, engineering, business, computer science, and industry. Thus, applied mathematics is a combination of mathematical science and specialized knowledge. The term "applied mathematics" also describes the professional specialty in which mathematicians work on practical problems by formulating and studying mathematical models.
Latin honors are Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. This system is primarily used in the United States and Canada. It is also used in some Southeastern Asian countries with European colonial history, such as Indonesia and the Philippines, although sometimes translations of these phrases are used instead of the Latin originals. The honors distinction should not be confused with the honors degrees offered in some countries, or with honorary degrees.
After graduation, Malone started his career as research scientist at the Xerox Palo Alto Research Center (PARC), where he was involved in designing educational software and office information systems. In 1983 he joined MIT, where he was appointed Professor of Management at the MIT Sloan School of Management. At MIT, he founded and directed the MIT Center for Collective Intelligence,and co-founded the MIT Initiative called "Inventing the Organizations of the 21st Century".
The MIT Center for Collective Intelligence (CCI) is a research center at the Massachusetts Institute of Technology, headed by Professor Thomas W. Malone, that focuses on the study of collective intelligence.
Malone was a cofounder of three software companies, and has consulted and served as a board member for a number of other organizations. He speaks frequently for business audiences around the world and has been quoted in numerous publications, including Fortune ,The New York Times , and Wired .
Computer software, or simply software, is a collection of data or computer instructions that tell the computer how to work. This is in contrast to physical hardware, from which the system is built and actually performs the work. In computer science and software engineering, computer software is all information processed by computer systems, programs and data. Computer software includes computer programs, libraries and related non-executable data, such as online documentation or digital media. Computer hardware and software require each other and neither can be realistically used on its own.
A board of directors is a group of people who jointly supervise the activities of an organization, which can be either a for-profit business, nonprofit organization, or a government agency. Such a board's powers, duties, and responsibilities are determined by government regulations and the organization's own constitution and bylaws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet.
Fortune is an American multinational business magazine headquartered in New York City, United States. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with Forbes and Bloomberg Businessweek in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists, including the Fortune 500, a ranking of companies by revenue that it has published annually since 1955.
Malone's research focuses on how new organizations can be designed to take advantage of the possibilities provided by information technology. At MIT he teaches classes on leadership and information technology.
The past two decades[ when? ] of Malone's research is summarized in his book The Future of Work: How the New Order of Business Will Shape Your Organization, Your Management Style, and Your Life.
In 1980, Malone published papers in the nascent field of video game design. His paper "Toward a theory of intrinsically motivating instruction" was based on his PhD dissertation. Malone's last paper in this field was published in 1987.[ citation needed ]
In the 1987 article "Electronic markets and electronic hierarchies" written with Joanne Yates and Robert I. Benjamin, Malone predicted many of the major developments in electronic businessover the last decade: electronic buying and selling, electronic markets for many kinds of products, "outsourcing" of non-core functions in a firm, and the use of intelligent agents for commerce.
Malone has published over 50 articles, research papers, and book chapters; he is an inventor with 11 patents. Books, a selection:
Articles, a selection:
The Stanford Graduate School of Business is the graduate business school of Stanford University in Stanford, California.
The MIT Sloan Management Review is a research-based magazine and digital platform for business executives published at the Massachusetts Institute of Technology. The print edition is published quarterly; the digital edition is updated daily.
John David Sterman is the Jay W. Forrester Professor of Management, and the current director of the MIT System Dynamics Group at the MIT Sloan School of Management. He is also co-faculty at the New England Complex Systems Institute. He is mostly considered as the current leader of the System Dynamics school of thought. He is the author of "Business Dynamics: Systems Thinking and Modeling for a Complex World".
Erik Brynjolfsson is an American academic. He is a professor at the MIT Sloan School of Management, Director of the MIT Initiative on the Digital Economy, Director of the MIT Center for Digital Business and a Research Associate at the National Bureau of Economic Research. He is known for his contributions to the world of IT Productivity research and work on the economics of information more generally.
The Alfred P. Sloan Foundation is an American philanthropic nonprofit organization. It was established in 1934 by Alfred P. Sloan, Jr., then-President and Chief Executive Officer of General Motors.
We Are Smarter Than Me is a collaborative-writing project using wiki software, whose initial goal was producing a book about decision making processes that use large numbers of people. The first book was published as a printed book, late in 2007, by the publishing conglomerate Pearson Education. Along with Pearson, the project's four core sponsors include research institutes of the MIT Sloan School of Management and the Wharton School of the University of Pennsylvania.
Decentralized decision-making is any process where the decision-making authority is distributed throughout a larger group. It also connotes a higher authority given to lower level functionaries, executives, and workers. This can be in any organization of any size, from a governmental authority to a corporation. However, the context in which the term is used is generally that of larger organizations. This distribution of power, in effect, has far-reaching implications for the fields of management, organizational behavior, and government.
Joseph M. Hellerstein is professor of Computer Science at the University of California, Berkeley, where he works on database systems and computer networks. He co-founded Trifacta with Jeffrey Heer and Sean Kandel in 2012, which stemmed from their research project, Wrangler.
M. Lynne Markus is an American Information systems researcher, and John W. Poduska, Sr. Chair of Information Management, Bentley University, who has made fundamental contributions to the study of enterprise systems and inter-enterprise systems, IT and organizational change, and knowledge management.
Georg von Krogh is a Norwegian organizational theorist and Professor at the Swiss Federal Institute of Technology in Zurich and holds the Chair of Strategic Management and Innovation.
Dr. Satish Nambisan is the Nancy and Joseph Keithley Professor of Technology Management at the Weatherhead School of Management, Case Western Reserve University.
JoAnne Yates is an American organizational theorist and Professor of Management at the MIT Sloan School of Management, known for her study of communication and information systems in organizations.
Jeanne Wenzel Ross is an American organizational theorist and principal research scientist at MIT Sloan School of Management and Director of the MIT Center for Information Systems Research (CISR), specialized in Enterprise Architecture, ICT and Management. She is known for her work on IT governance, and Enterprise architecture.
John Fralick (Jack) Rockart was an American organizational theorist, and Senior Lecturer Emeritus at the Center for Information Systems Research at the MIT Sloan School of Management.
Dale Louis Goodhue is an American Information systems researcher, and Professor Emeritus at the Management Information Systems Department of the University of Georgia, known for his work on enterprise systems and data management in large organizations.
Peter Weill is an Australian computer scientist and organizational theorist, Professor of Information Systems Research at the MIT Sloan School of Management, and chairman of the MIT Center for Information Systems Research (CISR).
Michael S. Scott Morton is a business theorist, and is the Jay W. Forrester Professor of Management (Emeritus) at MIT Sloan School of Management, known for his contributions to Strategic information systems and benchmarking e-learning.
Asia School of Business(ASB) is a partnership between MIT Sloan School of Management and Bank Negara Malaysia with the goal of creating a business school offering business administration related courses in the form of a 20-month full-time MBA program and executive education classes for students from Malaysia and around the world. Through the partnership, MIT Sloan and Bank Negara collaborate on academic program design, curriculum design, organizational design, admissions, and the administration of the Asia School of Business. Courses at ASB are taught by MIT Sloan faculty and local ASB faculty, with the latter also serving as MIT Sloan International Faculty Fellows who spend time teaching and conducting research development at MIT's main campus. Students in the full-time MBA program study at both the MIT Sloan campus located in Cambridge, Massachusetts, and the ASB campus located in Bukit Tunku, Kuala Lumpur. The collaboration between MIT Sloan and ASB is currently overseen by Professor Athanasios Orphanides and Professor Eric So of MIT Sloan. The current Dean of ASB is Professor Charles Fine, an operations professor at MIT Sloan.
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