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Why Retailers Must (But Won’t) Succeed In Introducing Mobile Payment Systems — Catherine Tucker

From TechCrunch  In the digital age, it’s critical for retailers to collect and manage customer data. This information is the key to providing personalization for any kind of shopping experience, as it allows retailers to understand customer preferences and analyze shopping histories. Smartphone payment systems like Apple Pay are an important method of obtaining this data since they allow data collection across different retailers for the same individual. However, when the data is collected and controlled by a third party like Apple, it is risky for retailers. Read the full post at TechCrunch   Catherine Tucker is the Mark Hyman Jr. Career Development Professor and Associate Professor of Management Science at MIT Sloan.The post Why Retailers Must (But Won’t) Succeed In Introducing Mobile Payment Systems — Catherine Tucker appeared first on MIT Sloan Experts.  Read the full post >

MIT’s EMBA Program takes volunteering to the next level — Nelson Repenning and Diana Brennan

  With more nonprofits incorporating each year, competition for funding is fiercer than ever. Organizations that have traditionally relied on grants and philanthropy are struggling as they look for new revenue streams to become more sustainable and impactful. While these organizations provide critical services, they often lack management resources and expertise to reach their full potential in terms of the number of people they serve. After all, how many nonprofits can afford to hire leaders with MBAs? However, a new form of volunteerism is starting to address this need: the donation of management expertise, skills, and ideas. This is a big change from even five years ago when being civically engaged primarily meant writing a check or spending a day cleaning up a park with coworkers. This change may be due in part to the convergence of the profit and nonprofit sectors creating the emerging field of social enterprise. This … Read More »The post MIT’s EMBA Program takes volunteering to the next level — Nelson Repenning and Diana Brennan appeared first on MIT Sloan Experts.  Read the full post >






 

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