0 Connections
Summary
Donald R. Lessard is the EPOCH Foundation Professor of International Management at the MIT Sloan School of Management. His research interests are on global strategic management, and project management, with an emphasis on managing in the face of uncertainty and risk and in the energy sector.
He has published extensively on these topics in academic and professional journals, and is co-author of Strategic Management of Large Engineering Projects: Shaping Institutions, Risks, and Governance (MIT Press 2001 with Roger Miller).
A member of the MIT faculty since 1973, Lessard has served as Deputy Dean of the Sloan School with responsibilities for research, international programs, and executive education; co-chair of the Energy Education Task Force that launched an Institute-wide undergraduate energy minor; and founding director of the MIT Executive MBA, the BP Projects and Engineering Academy, and the Li and Fung Executive Development Program. He also led the MIT-Merrill Lynch Partnership, MIT's first large-scale collaboration with a financial services firm.
A leader in international management education, Lessard is a past President of the Academy of International Business and Dean of the Fellows of the Academy. He is a Senior Fellow of the Fung Global Institute, a Hong-Kong based think tank. A Senior Advisor to the Brattle Group, he has led major consulting assignments with firms, banks, and government agencies throughout the world.
Lessard earned his B.A. in Latin American Studies and his MBA and Ph.D. in business administration from Stanford University.
| Current Institution | Massachusetts Institute of Technology |
| Current School | MIT Sloan School of Management |
| Department | Global Economics and Management |
| Disciplines | |
| Address | 77 Massachusetts Avenue, E62-460 Cambridge Massachusetts United States Phone: (617) 253-6688 |
Profile viewed 424 times
Education
Stanford University
Ph.D,
Business Administration
Stanford University
MBA
Work Experience
EPOCH Foundation Professor
MIT Sloan School of Management
Achievements
General
Publication Summary
Selected Publications
Global Strategy/ Risk Management
- "MIT Roundtable on Corporate Risk Management," Journal of Applied Corporate Finance, 2008 20(4).
- “Embracing Risk as a Core Competence: The Case of CEMEX” (with Rafael Lucea)
- “Risk and the Dynamics of Globalization,” in Birkinshaw, Ghoshal, Markides, Stopford, and Yip, eds., The Future of the Multinational Company (Chichester, England: Wiley, 2003).
- "Rediscovering Functions in the MNC: The Role of Expertise in Firms' Responses to Shifting Exchange Rates," in Bartlett, Doz, and Hedlund, eds., Managing Global Firms. (New York: Routledge, 1990).
Project Management/Risk
- “Evolving Strategy: Risk Management and the Shaping of Large Engineering Projects,” in Priemus, Flyvbjerg, and van Wee, eds., Decision-Making in Mega Projects: Cost Benefit Analysis, Planning, and Innovation. Transport Economics, Management and Policy, (Cheltenham UK, Northampton, MA, Edward Elgar, 2008)
- Strategic Management of Large Engineering Projects: Shaping Institutions, Risks, and Governance (MIT Press, 2001) with Roger Miller. Click to view the book cover
- “Understanding and Managing Risks in Large Engineering Projects,” International Journal of Project Management, 19 (2001) (with Roger Miller).
Global Strategy
- "Mexican Multinationals: Insights from CEMEX" in Ramamurti and Singh (eds.) Emerging Multinationals from Emerging Markets, (Cambridge University Press, 2008). (With Rafael Lucea)
- "Frameworks for Global Strategis Analysis," Journal of Strategic Management Education, 2003 1(1).
International Financial Management and Valuation
- “Real Asset Valuation: A Back-to-Basics Approach,” Journal of Applied Corporate Finance, Spring 2008, pp. 46-65. (with David Laughton and Raul Guerrero). Abstract
- "Finance and International Business," in B. Toyne and D. Nigh, eds., International Business: An Emerging Vision, (Columbia, S.C., University of South Carolina Press, 1997).
- “Incorporating Country Risk in the Valuation of Offshore Projects," Journal of Applied Corporate Finance (Fall 1996).
- "Evaluating International Projects - An Adjusted Present Value Approach," in Capital Budgeting under Conditions of Uncertainty, R. Crum and F. Derkinderen, eds., (Amsterdam: Martinus Nijhoff, 1980).
- "World, Country, and Industry Relationships in Equity Returns: Implications for Risk Reduction through International Diversification, " Financial Analyst's Journal (January/February 1976). Winner of Graham and Dodd Award.
Emerging Markets
- "Financial Intermediation Beyond the Debt Crisis, (Washington, D.C.: Institute for International Economics, 1985) with J. Williamson. Click here
- “En Defensa de una Unión Latinoamericana de Inversiones,” El Trimestre Económico, XLII (1) (Enero-Marzo 1975).
- "International Portfolio Diversification: A Multivariate Analysis for a Group of Lati
Books
The Strategic Management of Large Engineering ProjectsAs the number, complexity, and scope of large engineering projects (LEPs) increase worldwide, the huge stakes may endanger the survival of corporations and threaten the stability of countries that... |
Other Publications
