Join us for

Kick-Off ‘12on

September 5th, 20126:30-8:30 PM

atAleo Restaurant

7 West 20th Street(between Fifth & Sixth Avenues)

New York, NY 10011

It’s FREE (for MITCNY members + 1 guest; $15 for non-members)

and all are welcome!

Register online at www.mitclub.org

MIT Club of New York | Fall 2012 | 1

MIT Club of New YorkNewsletter for the Alumni and Alumnae of the Massachusetts Institute of Technology

FALL 2012

Letter from the President Scott MorriSon ‘86 EE

I began my term as President of the MIT Club of New York at the beginning of the year – it’s been a warm winter season in New York and that holds true for our Club and alumni as well.

First, I want to thank the more than 650 alumni and guests who signed-up for our events during the period from January through March. This is an exceptional turnout, and represents both enthusiasm for Club events among alumni and continued quality and variety of offerings from the Club’s volunteers.

Next, I must thank the Club’s alumni volunteers. Balancing multiple work-life, family-life, volunteer and other obligations is not easy, and I truly appreciate the efforts our the Club’s board and committee volunteers in serving our alumni community. Over the last three months, our volunteers have conceived of, orchestrated and delivered, on average, one event per week! The effort that goes into this – including identifying topic areas that match alumni needs, planning for speakers and event formats, finding venues, working through logistics, marketing and communicating – cannot be underestimated. Your continued participation in Club activities and ongoing Club Membership is also a “thank you” for our volunteers.

During this term, the MIT Club of New York Board has endorsed 5 objectives for the Club, and we are already progressing on them:

• Build a network of at least 50 volunteers who work on at least 2 activities during the year.• Conduct an alumni survey to better understand needs of the MIT alumni community in NY, identify top 3 actions, communicate these to our alumni base, and execute on them.• Aim for 2 events with participation of 150+ in Spring 2012. • Advance our community service efforts through interest among volunteers (e.g. at least 20 involved in these activities) and advertise our efforts through MIT communications channels.• Insure the Board and Committee Directors are excited about the Club; think about rewards/recognition and define specific work that can be accomplished.

Some of these are ongoing, and as you read this, consider how you can further these goals. Alumni volunteers are the Club’s lifeblood. If you are not currenlty volunteering with the Club, please help us with the first objective. Liora Sukhatme (liora@alum.mit.edu), one of the Club’s Executive VPs, is the initial focal point for Club volunteers. Please feel free to reach out to me (smor@alum.mit.edu) or any of the Club’s board members regarding specific volunteer opportunities or event ideas. Many of the Board members are also on-hand at events – most of which provide ample time for networking, so please bring ideas to our events.

In Spring 2012, we will distribute an alumni survey, and expect to report on results (either in this newsletter and/or on our web site), and will take action on the survey for our Fall 2012 and Spring 2013 programming.

Upcoming EventsMore events are always being added! For details on these and other events, please visit www.mitclub.org.

SeptemberKick-off 2012-’13!

OctoberProfessional Programs Finance SeriesRisk Management in the Spotlight: Past, Present and Future

MIT Comes to NYC: View from the TopGlobal Capital Markets: What Next?

Building the City: A Tour of the Second Avenue Subway Line

NovemberMIT Comes to NYC: Robert Urban, Executive Director, The Koch Institute

Print Your Imagination - Tour of the Shapeways 3D Printing Facility

Continued on page 3

2 | MIT Club of New York | Fall 2012

Leverage your MIT network: Attend the 2012 Alumni Leadership Conference

As alumni volunteers and club leaders, don’t miss this year’s Alumni Leadership Conference (ALC), a celebratory campus gathering designed to enhance your effectiveness and enjoyment as an ambassador for MIT.

This year’s program will feature talks by MIT administration leaders and students, discussing the Institute’s initiatives and future; tailored workshops on getting the most out of the newly launched Encompass platform from iModules; and social events to celebrate the important role alumni volunteers play in the life of the Institute.

Save the dates! September 21-22, 2012. ALC will inspire, inform, and motivate you. While discovering what is new at MIT, you’ll have an opportunity to hone leadership skills, celebrate alumni volunteer service, and meet old and new alumni friends who share your loyalty to MIT.

Registration is open. General information is available now at http://alum.mit.edu/alc.

Dominic Ricci ’99 PH; Joe Harrington ’61, SM ’63, SCD ‘66; Bruce Blanchard ’57, SM ’64

MIT Club of New York | Fall 2012 | 3

President Scott Morrison ‘86 EE

Immediate Past PresidentGary Brackenridge ‘97 MG

Executive Vice PresidentMichael Johnson CP ‘97 Liora Sukhatme ‘98 MG

Vice President of Educational and Cultural ProgramsYu-hui Lin ‘97 LI

Vice President of Social Programs and Inter-Club RelationsDominic Ricci ‘99 PH

Vice President of Professional ProgramsLenora Suki MG ‘97

Vice President of Service ProgramsMichael Johnson CP ‘97

Vice President of Communications and MembershipCharlene Chuang ‘05 BCS

SecretaryAaron Koffman CP ‘03

TreasurerJeremy Gerstle ‘99 EECS

Club CounselArthur Katz ‘61 MG

Nominating Committee ChairGregory Arenson ‘70 EC

DirectorsCristina Dolan MAS ‘94 Liora Sukhatme ‘98 MGThomas Halket ‘70 PHKenneth Wang ‘71 EC

2012-13 MIT Club of New York

officers

newsletterEditorJeremy Gerstle ‘99 EECS

Graphic DesignerAmy Kim ‘91 AR

websitewww.mitclub.org

I am pleased to include that we have already held two events with participation of more than 150 (based on registration) -- MIT Comes to NYC: An Evening with Peter Diamond and Class Size = One Billion. We will likely exceed that objective with our Spring events.

A personal motivator for me is the MIT Club of New York’s participation in community service, and while we provide a number of opportunities for giving back to the community, we need additional alumni to participate in meeting our community service objective. Most of these opportunities involve only a few hours of time, so if you are not able to help with Club events, please consider participating in our community service efforts.

Regarding the final objective, we are commited to recognizing the efforts of alumni in Giving to MIT through volunteering time with the MIT Club of New York. Recognition comes in many ways – including through this newsletter, through web and social media communication, through MIT volunteer appreciation events, and through the satisfication of engaging our alumni.

Please join me in these ways of giving and in continuing to serve alumni needs.

Continued from page 1MITCNY Social ProgramA new year arrives as the MIT Club of New York launches into its social calendar for the 2012-2013 season on Wednesday, September 5th at Aleo Restaurant with our annual Kick-Off event. Enjoy refreshments and hors d’oeuvres while learning about your local alumni club, meeting club officers, and mingling with fellow MIT alums. The cavalcade of conviviality continues throughout the year –escape from work to relax, socialize with old friends, and make new one at MIT happy hours and inter-alumni club mixers. Assuming the Mayan apocalypse fails to manifest, this January will bring us the Toast to IAP, MIT’s yearly traditional homage to that hallowed inter semester hollow. Keep an eye on http://newyork.alumclub.mit.edu and follow @mitclubny on Twitter to stay in the know.

What’s that? You’re looking for an excuse to explore new bars and restaurants? You get a thrill out of meeting people, chatting them up, then introducing them to each other minutes later? The Club is looking for a few good people to organize social outings such as happy hours and brunches. Contact Dom Ricci (domr@alum.mit.edu), the VP for Social & Interclub Programming, for more details.

DoM ricci ’99 PH

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City Meals on WheelsDuring the 2011-12 season, more than 40 alumni dedicated their time to serving homebound seniors in New York City. In December 2011, and in April and May of 2012, the MIT Club of New York partnered with City Meals on Wheels, a non-profit organization that provides a continuous lifeline of nutritious food and human company to homebound elderly New Yorkers in need. In four separate volunteer sessions, alumni traveled in teams of four delivering food and pleasantries to elderly seniors in housing developments along the Upper East Side.

Through their experience and dedication, many alumni gained a strong appreciation for service, but also gained new friendships and a renewed connection with the Club. Some alumni even invited family and friends to volunteer as well. The partnership between City Meals and the MIT Club of New York has become a key hallmark for the Club’s ongoing service efforts and strong commitment to disadvantaged New Yorkers.

We hope you will join us in the 2012-13 season!

MicHaEl JoHnSon cP ‘97

City-As-School PartnershipWhat was it like attending MIT? How and why did you choose your profession or career path? What are you passionate about? What are your strengths and weaknesses? These were some of the questions that Alumni were asked as part of new initiative with City-As-School and the Life-Learning Lecture Series. City-As-School (CAS) is one of the oldest alternative public schools in New York City.

CAS is a nontraditional academic high school that serves over 700 students, ages 17-22, through highly structured internships and interdisciplinary course offerings. The school targets students who do not thrive in a traditional classroom-learning environment or are at risk of dropping out of school and is a founding member and model school for the New York State Performance Consortium and the International Network of Experiential Programs and Schools (INEPS). From January to May 2012, alumni participated in a series of monthly round table discussions along with five to six students and faculty on topics such as discovering your talents and strengths, building professional relationships and industry specific workshops on topics such as business, law, health, art and architecture.

Alumni from various backgrounds in business, real estate, engineering and government provided their knowledge on how to focus your passions but learned from a younger generation about their desired paths, dreams and goals. The Club will look to continue this partnership in coming year and invite alumni from all backgrounds to participate and give a couple of hours a month to young, inspiring minds.

MicHaEl JoHnSon cP ‘97

eat • play • volunteer • celebrate

From left to right Jon Kaufman SM ’97, Bhaskar Pant (MIT Professional Education), Karen Ho ’94 EECS, and Scott Morrison ‘86 EECS

4 | MIT Club of New York | Fall 2012 MIT Club of New York | Fall 2012 | 5

professional programs

With another year of inspiring conversations in 2011/2012, Professional Programs brought together the people and voices - alums and friends of MIT alike - that make us think and connect in new ways. Our new energy program, The Energy C-Suite Series, kicked off in high style with two companies whose technologies promise radically improved energy efficiency. We promise more innovative perspectives from emerging leaders in alternative and mainstream energy companies. The social enterprise series we launched last year gave us another rousing NYC launch to the MIT Public Service Center’s annual IDEAS/Global Challenge and connected more people to invention in the public interest. Look forward to next year’s fall program on education or food and agriculture. Professional development programs this past year honed in on the challenges faced by new managers with Stepping Up and Speaking Out, where we cracked open the DNA of leadership as we all work with global economic shifts. AEC programs are coming back as well with a new slate of tours and presentations of iconic places and cutting-edge perspectives, finishing the season with Times Square and the TKTS Booth. Our popular finance programs will keep on rolling with a brunch series that tackles tough topics and will return with more quantitative finance speaker events next year. My heartfelt thanks to all the committed Directors, volunteers, sponsors, partners and friends of MIT Club of New York Professional Programs. We look forward to another great year.

The Finance Brunch Series is well into its fifth year with topics ranging from End of the Euro to high-frequency trading and regulation. These brunches offer a regular, topical, small-scale and informal way to connect and exchange ideas on common interests in finance. We choose event topics within a month of each brunch to make sure they’re current, and we vary topics to reach as many alums as possible. You don’t have to be immersed in the topic to come, contribute, enjoy and hear what your fellow alums have to say.

Professional Programs continues to develop our relationship with Courant and their Mathematical Finance program. We are coordinating our fall ‘12 event for September or early October.

Thank you for your interest in and support of the Finance Professional Programs. We look forward to seeing you at one or more of our events throughout 2012.

MIT Club of NY Professional Programs launched its Energy C-Suite Series on February 27th with an exciting presentation by Seth Coe-Sullivan, EECS ’05 titled View From the Top in Energy Efficiency and Quantum Dot Nanotechnology. Seth Coe-Sullivan, founder of QD Vision, started the nanomaterials product company at the age of 27 and was named one of the top 35 innovators under the age of 35 by Technology Review Magazine.

We learned that, although lighting consumes 22% of electricity production, the ubiquitous incandescent bulb is wildly inefficient at converting electricity to visible light. To address this deficiency, QD Vision uses quantum dots, semiconductor nanocrystals that glow when exposed to current or light. Discovered in the 1980s, quantum dot technology is helping QD Vision literally blaze a new path, particularly for home lighting and flat panel displays.

In a feature we aim to replicate in future events, Seth Coe-Sullivan shared not only a vivid description of the technology but also what it takes to lead an innovative company in an energy industry experiencing rapid change and paradigm shifts in technology.

We thank First Republic Bank for kindly hosting the event.

A Look at Professional Programs in 2011/2012 and Beyond

- lEnora Suki SM ‘97, VicE PrESiDEnt

Activities of the Finance-Oriented Professional Programs

- Jay DaMaSk ‘90 EEcS

Energy C-Suite Series Launch Event on Quantum Dot Nanotechnology

- lynE BErnarD McP ’95

It was a full house again when MITCNY Professional Programs partnered with the MIT Public Service Center and the Hub NYC on March 6th to support yet another inspiring year of student-led teams competing for prizes with innovative solutions to positively impact underserved populations all over the world in health, agriculture, technology, infrastructure, housing and many other areas.

One of last year’s winners, ALCAS, Advanced Low Cost Autoclave Solutions, brought the impact of the competition home to the audience as they described their elegant and simple innovations to pressure cookers to sterilize medical equipment in Nepal. Safe Water World showed us their portable, low-cost testing kits with easy-to-execute microbial water tests in a design that is durable enough to be used in the field, which is currently being piloted in Chile.

In a silent auction, attendees reviewed the missions of the competing teams and “bid” their technical knowledge, business skills and global networks to mentor teams through the competition and execution of their projects. For the 11 teams asking for help, more than 30 people signed up to offer their energy to the projects.

Learn more about the event and the teams in this year’s MIT IDEAS Global Challenge at: http://globalchallenge.mit.edu.

Many thanks to our sponsors, Liquidnet, for contributing refreshments and a welcoming space.

Second Annual Kick-Off of the MIT IDEAS Global Challenge in New York City

- lEnora Suki SM’97

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On Tuesday March 27th, MIT Club of New York Professional Programs’ event, Speaking Up: How Effective Managers Deal with Complex Communication Challenges, brought together four senior managers from various industries to discuss communicating effectively in challenging situations.

Panelists Jon Kaufman ’97 SM, Partner, Bain & Company, Bhaskar Pant, Executive Director, MIT Professional Education, Karen Ho ’94 EE former Chief Operating Officer, Broadway Technology, and Scott Morrison ’86 EE Vice President at Boehringer Ingelheim Pharmaceuticals. The event was moderated by Lenora Suki SM ‘97, and organized by Lyne Bernard MCP ‘95, as a follow up to our fall 2011 event Stepping Up, which focused on new leadership roles.

With our work requiring communication across more cultures, generations, geographies and technologies than ever before, our panel’s pearls of communication wisdom included personal anecdotes and advice for working effectively with superiors, subordinates, clients and peers in a global economy.

Bhaskar Pant’s view on intercultural communication emphasizes learning about the social and business culture of your conversation partner the people and customizing communications to to that understanding to get messages across in the most respectful and effective way. Scott Morrison also focused on solidifying relationships and build trust. He recommended a mentorship framework

Career Development: Dealing with Complex Communication Challenges

-JonatHan kocH ‘82 ME

that centers on how people prefer to be managed.

Karen Ho’s thoughts on gender communication issues suggested that women in male-dominated work environments are best-served by focusing on their substantive contributions. Her stand-out advice was that at the heart of stereotypes lie positive traits: emotional = passionate and quiet = good listener.

Turning the tables, Jon Kaufman talked about getting tough advice on his own communication style and how important it is to know how others in your environment perceive you. Seeking feedback and being open to adjusting your communication style are important steps in your career.

We thank Holland and Knight for their support and the use of their offices.

On May 8th, 2012 MITCNY Professional Programs hosted a talk by Nicholas Leahy, Principal at Perkins Eastman Architects, and structural engineer Michael Ludvik, discussing the design and construction process for the TKTS booth in Times Square, a notable new urban and cultural amenity for midtown Manhattan. Featuring a sloped plaza defined by luminous glass steps and supported by a load-bearing glass structure, the building encloses a fiberglass booth from which tickets are sold.

Leahy began the presentation with an overview of the history of Father Duffy Square and the design competition which resulted in a winning concept design by the Australian firm Choi Ropiha (now Choi Ropiha Fighera.)

Having explained the project’s genesis, Leahy and Ludvik then explained some of the many challenges that arose during the design process, including the need to engage multiple stakeholders, a constrained and prominent site which required extensive off-site prefabrication to minimize construction time, as well as the extensive research and negotiation required to produce the innovative glass structure. In addition, Leahy discussed the project’s innovative mechanical systems, including a geothermal heating and cooling system which extends 450 feet beneath the site, and a high-efficiency HVAC system which keeps the interior clean and dust-free.

Leahy ended the presentation by discussing the public and critical reaction to the project- it was immediately adopted as a hangout space by tourists and locals, and since its opening has been featured in many media outlets including films, music videos, and in multiple television news spots.

Many thanks to Keon-Soo Nam AR ’03 and Harriet Provine AR ‘09 for their assistance in organizing this event.

TKTS booth in Times Square

-kEnnEtH naMkung ar ‘03

6 | MIT Club of New York | Fall 2012 MIT Club of New York | Fall 2012 | 7

A whopping 90% of MIT students and 50% of alumni use MIT’s OpenCourseWare (OCW). Half of current MIT freshmen were looking at OCW in high school. Of those, 36% said OCW was a significant factor in school choice!

On January 31st, two representatives from OCW – Cecilia d’Oliveira ‘97 EECS, Executive Director, and Shigeru Miyagawa, Chair of Faculty Advisory Committee – gave an engaging presentation to over 100 MIT alumni, Google employees, and OCW donors on the history and the future of open educational resources, in particular OCW. Between the inception of OCW in 2001 and 2010, worldwide demand for higher education has surged 60%. In developing countries such as India and China, we see a substantial growth in demand but a very limite access to higher education. In mature economies, with the current state of economy, lifelong learning has become ever more important.

Aligned with the mission of MIT, OCW started ten years ago sparking a revolution where the materials that come out of classes are given away for free. This has encouraged other universities like Stanford and sites including Khan Academy to share their ideas and knowledge. A wide range of communities, from high school educators developing their curriculum to home-schooled students to working professionals to entrepreneurs, has benefited from such open access to quality resources.

Now, as we look forward to the next decade at MIT, there will be three main education-focused components: MIT, MIT’s OCW and MITx (a new online learning initiative announced last December). As for OCW, we can expect to see enhanced content, more videos, and growth of learning communities.

A full recording of this presentation is on YouTube. Special thanks to Google NYC for hosting the reception and talk!

educational & cultural programs

Class Size = One Billion: How Open Educational Resources Are Transforming Education

-yu-Hui lin ’97 li

- conniE yEE ’08 ME

MIT Comes to NYC

We welcomed Professor Peter Diamond, 2010 Nobel Laureate in Economics and MIT Ph.D. 1963, on March 1st as part of the MIT Comes to NYC Speaker Series. His talk on “Steps to Limit Future Global Economic Crises” was a sold-out event. Prof. Diamond covered various issues of current interest, principally the interplay between unemployment and Federal debt. In this context, he said, there is a tension between the needs of the future and what needs to be done in the present to resolve the consumer debt crisis. He provided an in-depth look into how various sectors of the job market are working such as the relationship between job openings, new hires, separations, people quitting the workforce and those discharged. The statistics he showed painted a grim picture wherein the average duration of joblessness among the unemployed is close to a post-war high. From 2009 to 2010 the poor economy caused the long-term unemployed to increase in number. Dr. Diamond view was that even under very long-term projections, Federal debt is not un-sustainable, given that most of it is held internally. He advocated that lessons be learned from past agricultural bankruptcy reform and mortgages in bankruptcy should be modified. He also supported greater liquid capital requirements on banks and better risk management of the financial system as a whole. We would like to thank Grace Koo (course 14, SB, 1992), for her generosity in hosting the event at Credit Suisse.

An Evening with Peter Diamond, Nobel Laureate in Economics

MIT Comes to NYC

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From left to right: Gregory Arenson ’71 ECON, Karen Arenson ’70 ECON, Barton Stuck ’69 EECS, Priscilla Diamond

From left to right: Patrick Chan ’87 CE, Sammy Thomas, Gerald Tourgee ’77 ME, Carol Tourgee

8 | MIT Club of New York | Fall 2012

MIT Club of New York

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MIT Club of New York

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