Category Archives: entrepreneurship

The new economics of energy storage

Posted on June 5, 2017 by | Leave a comment

This article by David Frankel and Amy Wagner (June 2017) shows why it is reasonable to expect battery storage to disrupt the power and utility sector.

Source: Battery storage: The next disruptive technology in the power sector | McKinsey & Company

This older article by Paolo D’Aprile (August 2016) has good economic insight into the extreme segmentation of electricity markets ane their suitability for batterry or other storage of energy.

Energy storage can make money right now. Finding the opportunities requires digging into real-world data.

Source: The new economics of energy storage | McKinsey & Company

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Posted in entrepreneurship, Logistics, Sustainability

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Capturing the Business Benefits of Student-Industry Collaboration

Posted on June 2, 2017 by | Leave a comment

Here’s how to run student-centered research on supply chains.  Of course they are discussing masters and PhD students.

I find the technique is powerful at all levels of higher education. Projects force students to think deeply about an actual problem, and they also allow them to be creative in how to attack them.  The professor becomes more of a coach– no preaching, but lots of encouragement, and a bit of guidance to keep the goal in mind and the project on track.

I recommend exploring how a project would fit into your class routine, especially one involving an outside client as they do at MIT.

Source: Capturing the Business Benefits of Student-Industry Collaboration

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Posted in entrepreneurship, Leadership, Logistics, Supply Chains

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Team wins prize for rentable refrigeration in India

Posted on May 4, 2016 by | Leave a comment

I found this outstanding example of entrepreneurship through the Supply Chain @ MIT blog.  It is a great case of entrepreneurs meeting a real need and shaping the product to fit it.  The extra advantage, and one all entrepreneurs should heed, is that many of the best ideas are  humanitarian, sustainable, and ethical, turning a problem real people (or creatures) have into something economically viable as well.  Hats off to these students.

Also note that MIT students (and Harvard students, I am bound to say, though my Princeton degree makes it harder) won the first 3 prizes!!

MIT News Logo

Modular boxes that keep food shipments fresh win MIT Food and Agribusiness Innovation Prize.

Source: Team wins prize for bringing rentable refrigeration to India’s food supply chain | MIT News

Supply Chain MIT Logo

http://supplychainmit.com/2016/05/03/modular-refrigeration-units-could-reduce-cold-chain-costs-in-india/

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Posted in entrepreneurship, Leadership, Service Management, Supply Chains, Sustainability, Trucking

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