MIT Sloan Management Review
MIT Sloan Management Review The New Business of Innovation
- Three Questions to Ask About Your Digital Strategyby Murat Tarakci, Fabian J. Sting, Jan Recker, and Gerald C. Kane. <p>Murat Tarakci is a professor and the chair of innovation strategy at the Rotterdam School of Management at Erasmus University. Fabian J. Sting is the chair of supply chain management — strategy and innovation at the University of Cologne and the chaired professor of digital supply chain innovation at the Rotterdam School of Management. Jan Recker is the Nucleus Professor for Information Systems and Digital Innovation at the University of Hamburg Business School. Gerald C. Kane is the C. Herman and Mary Virginia Terry Chair in Business Administration at the Terry College of Business at the University of Georgia.</p> on 16.07.2024 at 11:00
Carolyn Geason-Beissel/MIT SMR | Getty Images The Research The authors conducted numerous interviews and onsite observations during a period of six years at Australian retail chain Woolworths as it engaged in strategic competition with Amazon. They then reviewed dozens of case studies on digital disruption and digital strategic competitions, as well as scientific literature on
- Data-Driven Health Care: Enhancing Patient Outcomes Through Digital Engineeringby Nick Jena and Madhuri Hegde. <p class="mt10"><strong>Nick Jena</strong> is a vice president of health care and life sciences at Persistent Systems. His team of subject matter experts focuses on high-value solutions and custom development for health care and life sciences by leveraging advanced technologies, including artificial intelligence, cloud computing, automation, and analytics. He has been closely associated with the health care and life sciences industries for more than seven years. His role involves evaluating and promoting the latest solutions, partnerships, and techniques in product engineering, with emphasis on those two industries.</p> <p class="mt20"><strong>Madhuri Hegde</strong> is the senior vice president and chief scientific officer of Revvity and an adjunct professor of pediatrics at Emory University School of Medicine. She has more than 25 years of experience in clinical diagnostics and is board-certified in clinical molecular genetics. She serves on the boards of the American College of Medical Genetics and Genomics Foundation and the American Board of Medical Genetics and Genomics, among others. She received bachelor’s and master’s degrees from the University of Bombay, India, and a Ph.D. from the University of Auckland, New Zealand, completing postdoctoral studies at Baylor College of Medicine.</p> on 05.06.2024 at 13:13
Left: Nick Jena, Vice President of Health Care and Life Sciences, Persistent Systems. Right: Madhuri Hegde, Senior Vice President and Chief Scientific Officer, Revvity. About Persistent Systems With more than 23,800 employees located in 21 countries, Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering digital engineering and enterprise modernization.
- The GenAI Blind Spot Leaders Have Nowby MIT Sloan Management Review. on 30.05.2024 at 11:00
Given the rapid pace at which generative AI continues to advance, it’s natural to worry about the completeness of your implementation plans. To help leaders understand the potential pitfalls better, MIT Sloan Management Review interviewed AI experts and IT practitioners at the recent MIT Sloan CIO Symposium. In this first video of a two-part series,
- Want Better GenAI Results? Try Speed Bumpsby MIT Sloan Management Review. on 25.04.2024 at 11:00
Generative AI has vast potential to augment our work, now and in the future, but there’s a very real danger of human workers ceding too much control to machines and becoming complacent about mistakes. Maintaining a “human in the loop” is often touted as the antidote to catching errors, but MIT senior lecturer and research
- How Grassroots Automation Speeds Digital Successby Thomas H. Davenport, Ian Barkin, and Laurianne McLaughlin. <p>Thomas H. Davenport is the President’s Distinguished Professor of Information Technology and Management at Babson College, a fellow of the MIT Initiative on the Digital Economy, and a senior adviser to Deloitte. He is coauthor of <cite>All-in on AI: How Smart Companies Win Big With Artificial Intelligence</cite> (Harvard Business Review Press, 2023) and <cite>Working With AI: Real Stories of Human-Machine Collaboration</cite> (MIT Press, 2022). Ian Barkin is an entrepreneur, educator, and investor in citizen automator technology and services firms. He is a coauthor of <cite>Intelligent Automation: Welcome to the World of Hyperautomation</cite> (World Scientific Publishing, 2020). Laurianne McLaughlin is senior editor, digital, for <cite>MIT Sloan Management Review</cite>. She moderated the session.</p> on 18.04.2024 at 11:26
Related Reading I. Barkin and T.H. Davenport, “Harnessing Grassroots Automation,” MIT Sloan Management Review, Sept. 11, 2023. Companies must digitize to survive — but many can’t find the developers and data scientists to do so. To keep pace, leaders are launching citizen development initiatives to harness the creativity and business acumen of their nontechnical “citizens.”
- How Lufthansa Shapes Data-Driven Transformation Leadersby Christian Haude, Ivo Blohm, and Xavier Lagardère. <p>Christian Haude is senior data strategy and innovation manager at Lufthansa Group. Ivo Blohm is associate professor for information systems and business analytics at the Institute of Information Systems and Digital Business at the University of St. Gallen in Switzerland. Xavier Lagardère is managing director of the Lufthansa Innovation Hub and head of data and innovation at Lufthansa Group.</p> on 18.04.2024 at 11:00
Carolyn Geason-Beissel/MIT SMR | Getty Images Up in the air, a modern plane generates 1 terabyte of data every 24 hours of flight. For airlines like the Lufthansa Group, this data can be used to create valuable business outcomes, from improved operational efficiency to higher customer satisfaction. On top of this rich data set, Lufthansa
- How AI Changes Your Workforceby MIT Sloan Management Review. on 28.03.2024 at 11:00
Today’s leaders must grapple with big expectations for the impact of AI on the workforce — and an even larger amount of hype. Will AI automate away a huge number of jobs? How do companies use AI to find new talent and staff new opportunities? How do leaders use AI as part of the workforce
- Empower Citizen Developers to Accelerate Innovationby A webinar with Richard Jefts, Andrew Manby, and Wade Roush. <p>Richard Jefts is executive vice president for HCLSoftware. Andrew Manby is vice president of product management for HCLSoftware. Moderator Wade Roush is a business and technology journalist.</p> on 20.03.2024 at 15:09
About HCLSoftware HCLSoftware, a division of HCLTech, develops, markets, sells, and supports software for AI and automation, data, analytics and insights, digital transformation, and enterprise security. Its solutions power millions of apps at more than 20,000 organizations, including more than half the Fortune 1000 and Global 2000 companies. HCLSoftware’s mission is to drive customer success
- Our Guide to the Spring 2024 Issueby MIT Sloan Management Review. on 12.03.2024 at 11:41
Who Profits the Most From Generative AI? Kartik Hosanagar and Ramayya Krishnan Key Insight: A breakdown of what it takes to build and deploy a large language model shows where incumbents have the best prospects for success and where newer companies have an edge. Top Takeaways: Since the launch of ChatGPT, interest and investments in
- Why Manufacturers Need a Phased Approach to Digital Transformationby Nitin Joglekar, Geoffrey Parker, and Jagjit Singh Srai. <p>Nitin Joglekar is an associate professor of operations and technology management at Boston University’s Questrom School of Business. Geoffrey Parker is the Charles E. Hutchinson ’68A Professor of Engineering Innovation at Dartmouth College, a fellow and visiting scholar at the MIT Initiative on the Digital Economy, and a coauthor of <cite>Platform Revolution: How Networked Markets Are Transforming the Economy</cite> (W.W. Norton, 2016). Jagjit Singh Srai is the director of research in the Department of Engineering at Cambridge University and chair of the World Economic Forum Council on Advanced Manufacturing Value Chains. The authors are listed in alphabetical order; each contributed equally to this article.</p> on 31.01.2024 at 12:00
Alex Nabaum/theispot.com The Research The authors conducted structured interviews with more than 50 manufacturing leaders, service providers, and academics worldwide, including supply chain, manufacturing, and innovation leaders at Ralph Lauren, Schneider Electric, and Unilever. They reviewed more than 20 World Economic Forum case studies as well as comments from a metrics working group. In addition,