The 2017 Digital Business Report

Achieving Digital Maturity

July 13, 2017 | Gerald C. Kane, Doug Palmer, Anh Nguyen Phillips, David Kiron, and Natasha Buckley

In the 2017 Digital Business Report, MIT SMR and Deloitte find that digitally maturing companies are achieving success by increasing collaboration, scaling innovation, and revamping their approach to talent.

Frontiers

Exploring the Digital Future of Management

When People Don’t Trust Algorithms

University of Chicago’s Berkeley Dietvorst explains why we can’t let go of human judgment — to our own detriment.

Seeing Beyond the Blockchain Hype

The transformative potential of blockchain is real, but so are the challenges to its implementation.

Cultivating Innovation

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How to Catalyze Innovation in Your Organization

Executives can foster innovation by understanding and tapping the power of employee networks.

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Harnessing the Secret Structure of Innovation

Innovation success is the result of a deliberate search using key information signals.

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Developing Innovative Solutions Through Internal Crowdsourcing

If managed well, internal crowdsourcing initiatives can open up a rich source of innovation.

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Expanding Your Leadership Horizon

The Five Steps All Leaders Must Take in the Age of Uncertainty

July 11, 2017 | Martin Reeves, Simon Levin, Johann D. Harnoss, and Daichi Ueda

Leaders need a new mental model to better understand the complex interplay between companies, economies, and societies. To do so, they must shift their focus to the broader business and social ecosystems in which their companies are embedded.

Scenario Planning’s Role in Strategy

Using Scenario Planning to Reshape Strategy

Rather than trying to predict the future, organizations need to strengthen their abilities to cope with uncertainty. A new approach to scenario planning can help companies reframe their long-term strategies by developing several plausible scenarios.

How Scenario Planning Influences Strategic Decisions

Anecdotal evidence suggests that considering various scenarios helps strengthen decision making. To test this idea, researchers offered a scenario-based workshop to executives to see how considering scenarios affected decisions. They found that though participants’ confidence in their choices never wavered, the strategic choices they made before the exercise often changed dramatically after viewing the scenarios, with a tendency to become more flexible and focused on long-term value.

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The Business Impact of Artificial Intelligence

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Video: Preparing for the Changes AI Will Bring to Tomorrow’s Jobs

A panel at the 2017 MIT CIO Symposium discusses how artificial intelligence will transform how we work.

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Video: The Impact of Machine Learning on Work Is Bigger Than You Think

A new phase of technology-enhanced work is upon us.

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Augmentation Versus Automation: AI’s Utility in the Workplace

The challenges of leading companies through the AI revolution were examined in a recent symposium.

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How to Thrive — and Survive — in a World of AI Disruption

The challenge we face today is not a “world without work” but a world with rapidly changing work.

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Leading Your Team

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The Smart Way to Respond to Negative Emotions at Work

Many executives try to ignore negative emotions in the workplace, but that tactic can be costly.

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What Makes Work Meaningful — Or Meaningless

There’s no single formula for making work meaningful — but poor management is a universal obstacle.

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The Missing Piece in Employee Development

Companies want managers to help employees develop and improve — but many managers don’t know how.

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What’s Popular

The 10 Most Popular New MIT SMR Articles

July 6, 2017 | Martha E. Mangelsdorf

In the first half of 2017, MIT SMR website visitors showed high interest in articles about how artificial intelligence will affect the job market and organizations. In fact, three of the 10 most-read pieces of new MIT SMR editorial content during that period address some aspect of that question. But the other seven most popular new articles cover a wide range of topics — from dealing with negative emotions in the workplace to exploring the organizational implications of blockchain technology.

Corporate Sustainability

Corporate Sustainability at a Crossroads

In the final report of our eight-year study of how corporations address sustainability, MIT Sloan Management Review and The Boston Consulting Group examine the crossroads at which sustainability now finds itself. Despite sociopolitical upheaval that threatens to reverse key gains, our research has shown that companies can develop workable — and profitable — sustainability strategies to reduce their impact on the global environment by incorporating eight key lessons.

Aligning Business and Government on Climate Change

The U.S. withdrawal from the Paris Accord stems from a fundamental disagreement over whether industries and markets have world-changing power. The irony: Despite his strong stance on market solutions, the President’s position on climate change assumes markets to be weaker, not stronger.