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Latest MIT Sloan School of Management Stories

2013-03-13 15:30:55

What can sports teams learn from the manufacturing industry? Plenty, according to Timothy Chan of the University of Toronto (U of T) and Douglas Fearing of the Harvard Business School. Using statistics from the 2012 Major League Baseball season, Chan and Fearing found that positional flexibility — the ability of a player to play multiple positions — is valuable, responsible for up to 15 per cent of the team's runs, as was the case with the Chicago Cubs. Other teams like the...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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