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AI and the Need for Speed

  • Read Time: 4 min 

AI is rapidly changing how organizations make decisions, serve customers, increase quality, and reduce costs. But the pace of change may be too fast for managers to effectively manage processes, react to new problems, and learn from data whose usefulness has a shorter and shorter lifespan.

A Three-Point Approach to Measuring Supply Chain Sustainability

A sustainable supply chain must operate within the limitations imposed by nature and society — but most approaches don’t explicitly take those into consideration. A new framework for supply chain sustainability assessment lays out eight key considerations organized into three categories: sustainability context, collaboration, and communication.

Reframing Growth Strategy in a Digital Economy

Too many big companies are formulating their growth strategies using traditional planning approaches — yearly cycles, historical analytics, incremental thinking. The velocity that characterizes this new digital economy means this kind of growth planning is obsolete. To assert digital dominance, big companies need to capitalize on their ability to do things the disruptors can’t — like plan globally and mobilize considerable resources.

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Three Meaningful Strategies for Managing Rapid Change

  • Read Time: 4 min 

Global, social, and marketplace shifts are doing much more to transform the nature of work, how we work, and how organizations in both the private and public sector can best adapt to rapid global change. So how can organizations find new ways to avoid becoming saddled with legacy processes, technologies, and ways of thinking?

From the Archives: How to Reshore Manufacturing Successfully

  • Read Time: 3 min 

The Trump administration has an aggressive stance about finding new American manufacturing jobs, which could pressure some companies to consider bringing overseas operations back to the U.S. But the task is complex. “While the macroeconomic data on comparative labor and factor costs may be compelling, the actual process of reshoring — bringing assembly work back from abroad — is hard work,” wrote Harvard Business School’s Willy C. Shih, in a 2014 article in MIT Sloan Management Review.

Beyond Viral: Generating Sustainable Value From Social Media

Social media provides the fuel for unpredictable, temporary mobilization, rather than steady, sustainable change. To reverse this trend and reap more enduring benefits from social media requires a fundamental change in focus. Research shows that incentive networks are an important middle layer between ideologies and activity in online digital platforms such as Twitter and Facebook. So, too, is a focus on establishing loyalty and stickiness rather than just “likes” and retweets.

The Flood of Data From IoT Is Powering New Opportunities — for Some

IoT promised, and delivered, a data deluge. But is the data any good? Survey results from MIT SMR’s recent internet of things research suggest that it is — but the most value goes to those who got into IoT early and have years of experience under their belt. The message to those considering IoT projects: Don’t wait.

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Managing With Immature AI

  • Read Time: 4 min 

Though the current state of AI falls short of its promise, managers should find ways to incorporate it into business practices now. Using pragmatic, thoughtful experiments and being transparent with customers and suppliers, organizations can learn and develop their own capabilities as AI continues to rapidly evolve.

Companies Brace for Decade of Disruption From AI

  • Read Time: 5 min 

With investments in Big Data bearing fruit, what do executives expect from the future? A new survey finds that artificial intelligence and machine learning are rapidly emerging avenues for innovation — and disruption. Nearly half of senior executives surveyed, from companies like American Express, Disney, Ford Motors, and General Electric, see disruptive change coming fast.

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When the Luddites Fought Back

  • Read Time: 2 min 

Anxiety about the destabilizing role of technology is hardly new. When new labor-saving technologies were introduced in the British textile industry in the early 1800s, workers lashed out. Smithsonian Magazine writer Clive Thompson describes how their anger and violence boiled over.

From the Archives: Establish a Personal Advisory Board

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Here’s a new year’s resolution to consider: Build a personal advisory board that meets your current needs. “A person’s developmental network can’t be static but needs to evolve over time,” noted the authors of a 2015 article in MIT Sloan Management Review. Yan Shen, Richard D. Cotton, and Kathy E. Kram make the case that a professional mentor is just one element of a fully formed personal board of advisers, which might also include a personal guide and a career adviser, among others.

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