The synergism of Big Data and artificial intelligence holds amazing promise for business.
Jacques Bughin and Nicolas van Zeebroeck
Companies with bold strategies in response to digitization will come out as winners.
Richard Schmalensee and David S. Evans, interviewed by Martha E. Mangelsdorf
There’s probably never been a better time for platform businesses. But they aren’t easy to launch.
George Corbin (Marriott International), interviewed by Gerald C. Kane
Moving to a digital business model altered Marriott’s culture in unexpected ways.
Jaime Bonnín Roca et al.
Near-term expectations for additive manufacturing techniques are overoptimistic.
The best use of digital technology is assisting human workers to maximize innate capabilities.
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Supply Chains and Logistics
Tausif Bashir and Shardul Phadnis
New research demonstrates how the most efficient network designs also account for changing market conditions.
Supply chain sustainability reporting depends on context, collaboration, and communication.
Advanced risk identification tools require companies to take a new approach to supply chain resilience.
Water’s low cost in many countries is not yet promoting responsible management within many companies.
James B. Rice Jr. and Tim Rowell
For PepsiCo, entering the natural beverage market meant developing new risk management practices.
A new wave of data innovation offers unprecedented promise to crack the black box of effective urban deliveries.
How Business Culture Is Changing
Amit S. Mukherjee
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.
We are evolving toward the age of networked enterprise, in which the traditional hierarchies of the corporation will be supplanted by self-organizing systems collaborating on digital platforms. In this environment, strong cultures may turn from assets to liabilities.
Using Analytics to Drive Innovation
February 28, 2017 | Sam Ransbotham and David Kiron
The 2017 Data & Analytics Report by MIT Sloan Management Review finds that the percentage of companies deriving competitive advantage from analytics increased for the first time in four years. Incorporating survey results and interviews with practitioners and scholars, the report finds that companies’ increasing ability to innovate with analytics is driving a resurgence of strategic benefits from analytics across industries. The report is based, in part, on MIT SMR’s seventh annual data and analytics global survey, which includes responses from 2,602 business executives, managers, and analytics professionals from organizations located around the world.