Prof. Donald R Lessard

EPOCH Foundation Professor of International Management and Engineering Systems, Emeritus
Professor of Global Economics and Management and Professor of Engineering Systems, Emeritus

Primary DLC

MIT Sloan School of Management

MIT Room: E62-467

Assistant

Sumaiya Rahman Haddad
sumaiyar@mit.edu

Areas of Interest and Expertise

International Corporate Strategy and Policy
Finance
Alliances
Capital Budgeting
Developing Countries
Global Strategy and Organization
Institutional Partnerships
Project Management (General)
Risk Management
Strategic Management
Sustainability
Behavioral and Policy Sciences (BPS)
Global Economics and Management (GEM)

Research Summary

Professor Lessard's research interests are in global strategic management and project management, focused on the energy sector, with an emphasis on managing in the face of uncertainty and risk. 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 think tank based in Hong Kong. A senior advisor to the Brattle Group, he has led major consulting assignments with firms, banks, and government agencies throughout the world.

Recent Work

  • Video

    2024 MIT Sustainability Conference: Panel - Triple Innovation for a Sustainable Future

    October 22, 2024Conference Video Duration: 32:16

    This session will explore the critical need for innovation across various sectors to enhance sustainability in industrial processes. Participants will examine the interplay between advanced technologies, progressive public policies, and innovative business models that can drive significant improvements in environmental performance. Through case studies and expert insights, attendees will gain a comprehensive understanding of how integrating these elements can lead to transformative changes, ultimately fostering a more sustainable future for industries worldwide. Join us to uncover practical strategies and collaborative approaches that can facilitate this essential transition.