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Why China Is the World’s Innovation Role Model

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There’s a lot of talk of trade tensions between the U.S. and China, but there’s another way to think about China: as an innovation role model. “Anybody involved in international business needs to treat China not just as a place to sell, but also as a place to learn,” wrote Edward S. Steinfeld and Troels Beltoft in MIT Sloan Management Review in 2014. China, they argued, is “becoming the best place to go if you want to learn how to make ideas commercially viable.” Three years later, this is truer than ever.

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The Board’s Role in Share Repurchases

  • Read Time: 4 min 

Many companies’ decisions about share repurchases are handled mainly by management rather than boards — with repercussions for capital allocation. Boards should carefully balance the capital needed for repurchases against its use in value creation via internal development or external acquisitions — and be skeptical of repurchase programs financed by debt rather than profits.

The Need for Culture Neutrality

Companies today work with an incredibly diverse array of people. To thrive, these organizations need culturally neutral, globally coherent leadership standards. These standards should promote needed outcomes without prescribing behaviors, since some behaviors are outside of the cultural norms in some countries. Inevitably, significant advantage will accrue to companies that ready their people for truly global leadership.

Participant Questions From the Recent Data and Analytics Webinar: Round 2

On March 15, 2017, MIT SMR held a webinar to share insights from our report, “Analytics as a Source of Business Innovation.” Many participants asked questions during the webinar that we didn’t have time for, so we decided to answer them in blog format instead. This post is the second set of responses.

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Retaining Today’s Young Managers

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It was 20 years ago that the movie “Jerry Maguire” created a mantra for our time: “Show me the money!” Today’s young professionals most definitely absorbed that message, but money’s not the only way to stop them from packing. A 2015 article from MIT Sloan Management Review explores strategies for retaining talented young managers who always have an eye on the job market and one foot creeping toward the door.

Digital Maturity, Not Digital Transformation

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Digital transformation has two key implications for managers: First, it’s fundamentally about how your business responds to digital trends that are occurring regardless of your input. Second, how an organization implements technology is only a small part of digital transformation; strategy, talent management, organizational structure, and leadership are just as important as technology.

How Far Will Robots Go?

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The debate over the effects of artificial intelligence on employment continues to keep economists busy, with some suggesting that there is no assurance that jobs that were once considered “safe” will be safe for long.

Questions and Answers About Analytics as a Source of Business Innovation

On March 15, 2017, MIT SMR held a webinar to share insights from our report, “Analytics as a Source of Business Innovation,” which summarizes our findings about the increased ability to innovate with analytics and its benefits across industries. Many participants asked questions during the webinar that we didn’t have time for, so we’ll answer some of them in blog format instead.

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How Digital Media Will Bring Out Our Best Selves in the Workplace

Tomorrow’s most productive individuals will have more and better digital versions of themselves. The vision: Individuals will be able to utilize customized software and digital tools to improve their performance and productivity, with these digital versions of themselves able to significantly outperform their average self. In this world, AI will stand for “Augmented Introspection” as well as “Artificial Intelligence.”

Don’t Check Your Facts at the Door (We’ll Check Them for You)

On March 21 and 22, MIT SMR is opening its website to one and all, offering free and unlimited access to its rich offering of management insight and advice. MIT SMR’s mission is to improve the practice of business by identifying the most important new ideas in management, vetting them for rigor, shaping them into practical wisdom, and delivering them in ways that are convenient and enjoyable to consume. For two days, MIT SMR aims to demonstrate the worth of that mission as broadly as possible.

MIT SMR and MIT Press Announce Book Publishing Partnership

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MIT Sloan Management Review and MIT Press join forces to launch two new book series exploring the digital frontiers of management. One series will feature original titles. The other series will collect the best MIT SMR articles on key digital topics. Editor in Chief Paul Michelman will serve as the overall series editor. The series will marry groundbreaking new ideas from leading lights in academia and industry with practical advice on how to prepare for the future.

Defining “Material” Climate Risks

Companies know climate change is relevant to their businesses, but they don’t address it in corporate reports because corporate leaders don’t believe it’s material to their business. The effects of climate change are beyond their planning horizon, they think, or they just aren’t clear whether or how climate change might be a material business risk. The Financial Stability Board (FSB) is hoping to change that.

Showing 1-20 of 922