Jobs and the Future of Work

21 of the best quotes on business and leadership from 2021

This article first appeared on MIT Sloan School of Management.
a man reads a business newspaper

“Almost everyone thinks they’re smarter than average.” —Andrew Lo,MIT Sloan professor of finance, and Stephen R. Foerster, Ivey Business School professor of finance. Image: UNSPLASH/Adeolu Eletu

Meredith Somers
Writer, MIT Sloan School of Management
Share:
Our Impact
What's the World Economic Forum doing to accelerate action on Jobs and the Future of Work?
The Big Picture
Explore and monitor how Future of Work is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Future of Work

  • 2021 brought a great deal of disruption to the world of work.
  • Below are 20 quotes and comments which reflect how things have changed over the course of this year.

“There are times when there is a major disruption that suddenly implies what worked so far is not going to work anymore and you need a new playbook.”

MIT Sloan professor Retsef Levi’s insight during an Executive Education webinar was directed at the COVID-19 pandemic, but the operations management expert added that this disruption could be anything from an epidemic to a technology or regulatory change.

And 2021 brought a lot of disruption — whether it was shaking up the “normal” 9-5 office schedule, introducing new forms of digital currency into the market, or reprioritizing company values.

Here are 20 other quotes and comments that captured the changes of this year.

Machine learning is changing, or will change, every industry, and leaders need to understand the basic principles, the potential, and the limitations.” — Aleksander Madry, MIT computer science professor.

a still of Aleksander Madry giving a speech
Aleksander Madry says “Machine learning is changing, or will change, every industry, and leaders need to understand the basic principles, the potential, and the limitations.” Image: Youtube

“The next 50 unicorns are going to be technologies that create something related to sustainability.” — Larry Fink, BlackRock CEO.

Assertive leaders are not necessarily the most effective ones. American organizations need to diversify the prototype of what a leader should look like.” —Jackson Lu,MIT Sloan assistant professor of work and organization studies.

“We need much stronger labor protection laws in order to allow AI researchers to organize against things that they see going really wrong.” — Timnit Gebru, AI researcher.

“We have coronavirus in the real world. Here, in the information ecosystem, you have the virus of lies.” — Maria Ressa, Nobel Peace Prize laureate and digital fellow at the MIT Initiative on the Digital Economy

“All I can hope for is that we continue doing more to hire and retain diverse talent, because diversity does bring upon creativity and is simply better for business overall.” — Anita Kibunguchy, MBA ’15, Google product marketing lead.

“Almost everyone thinks they’re smarter than average.” —Andrew Lo,MIT Sloan professor of finance, and Stephen R. Foerster, Ivey Business School professor of finance.

Have you read?

Understand who your customer is, what they care about — that’s the way to think about innovation.” —David Robertson,MIT Sloan senior lecturer in operations management.

Fintech goes back thousands of years. It really goes back to the invention of money.” — Gary Gensler, U.S. Securities and Exchange Commission chairman, former MIT Sloan professor of the practice.

“If you constantly chase cost reduction, you will ultimately wear the system down into total failure.” — MIT Sloan senior lecturerJohn Carrier.

“Divesting from a stock doesn’t really change anything about how that company is going to behave.” — Jason Jay, MIT Sloan Sustainability Initiative director.

“This isn’t about getting an anti-racism widget to market. It’s important to understand that what you’re changing here is value structures, and that doesn’t happen quickly.” — MIT Sloan lecturerMalia Lazu.

“… So guess what, you're commuting to be back on Zoom, which is a new circle of hell in an open-plan office.” — Drew Houston, SB ’05, Dropbox co-founder and CEO.

“At the heart of the strategy is a strong belief … that systemic problems require systemic solutions.” —Fiona Murray andRay Reagans, MIT Sloan associate deans.

“If we’re serious about building pipelines, we need to meet people where they’re at and lead with their assets." — Boston City Councilor-at-Large Julia Mejia.

“Companies are leaving a lot of value on the cutting room floor by not investing in the experience of their employees.” — Kristine Dery, research scientist, MIT Center for Information Systems Research.

“Do not be afraid to take the role no one wants.” — Dannielle Appelhans, MBA ’11, Rubius Therapeutics COO.

“I thought I had to do it all, but in fact, I only had to do what truly mattered and made a difference.” — Erica Dhawan, MBA ’12, author of Digital Body Language”.

“Part of being an authentic leader is knowing what you don’t know and accepting lessons from all directions.” — Carol Cohen, Cognizant senior vice president of global talent and transformation.

“You can do good and you can do well at the same time.” — Stephanie von Friedeburg, International Finance Corporation senior vice president of operations.

Loading...
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Jobs and the Future of WorkHealth and Healthcare Systems
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

The green skills gap: Educational reform in favour of renewable energy is now urgent

Roman Vakulchuk

April 24, 2024

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2024 World Economic Forum