4 developmental tasks you — and everyone else — will face in retirement
First: Deciding to retire.
Faculty
Lotte Bailyn is the T Wilson (1953) Professor of Management, Emerita at the MIT Sloan School of Management. For the period 1997-99 she was Chair of the MIT faculty, and during 1995-97 she was the Matina S. Horner Distinguished Visiting Professor at Radcliffe's Public Policy Institute.
She studies the relationship between managerial practice and employees’ lives. Her research investigates how institutional and organizational processes intersect with people’s lives, with special emphasis on the dynamics of gender and diversity in business organizations and academia. Bailyn argues that industries will fail in an intensely competitive world unless they take into account the changing nature of the professional workforce— including the influx of women and the consequent lifestyle changes for both women and men. Her work in organizations shows that work and personal life are complementary, even synergistic, rather than adversarial. By challenging the assumptions in which current work practices are embedded, the goals of both business productivity and employees’ family and community concerns can be met in ways that are equitable for both men and women.
Bailyn holds a BA in mathematics from Swarthmore College as well as an MA and a PhD in social psychology from Harvard/Radcliffe and two honorary degrees. She is a Fellow of the American Psychological Association and the Association for Psychological Science.
Amabile, Teresa M., Lotte Bailyn, Marcy Crary, Douglas T. “Tim” Hall, and Kathy E. Kram. Harvard Business Review, November 2024.
Amabile, Teresa M., Lotte Bailyn, Marcy Crary, Douglas T. Hall, and Kathy E. Kram. Routledge, 2024.
Walsh, Isabelle, Judth Holton, Lotte Bailyn and Barney G. Glaser. Organizational Research Methods Vol. 18, No. 4 (2015): 620-628.
Walsh, Isabelle, Judith A. Holton, Lotte Bailyn, Walter Fernandez, Natalia Levina and Barney Glaser. Organizational Research Methods Vol. 18, No. 4 (2015): 581-599.
Bailyn, Lotte and Joyce K. Fletcher. In The Sage Encyclopedia of Action Research, 823-824. London, UK: Sage Publications, Ltd., 2014.
Bailyn, Lotte. USA Today, March 2014.
First: Deciding to retire.
Lotte Bailyn’s pioneering research connecting organizational priorities and employee well-being is foundational to work practices today.
This article explores the significant transition of retirement and offers insights into creating a satisfying postcareer life.
Companies should cede control more to workers, defining goals for them and then letting them reach them where and when they can best work.
"Given the current labor market, people feel they can find other jobs which have better conditions and are willing to take the risk of leaving."
Prof. Emeritus Lotte Bailyn has been awarded the Centennial Medal from the Harvard Graduate School of Arts and Sciences.