Frontiers

Exploring the Digital Future of Management

NicholasBloom-1200
FR-TechSavvy-Drone-Business-1200
FR-IDE-Schrage-Research-Development-Experiment-Scale-1200
FR-Wilson-Machine-Learning-Sales-Function-1200

Special Report: New Product Development

Jha-Develop-New-Products-1200

Developing New Products in Emerging Markets

A successful innovation developed by Cisco’s R&D unit in India offers practical insights.

Simester-Fail-1200

Why Great New Products Fail

Companies often don’t focus enough on understanding how customers decide what to purchase.

Roberts-social-media-1200

Finding the Right Role for Social Media in Innovation

Social media provides a game-changing opportunity to support innovation and new product development.

Balle-Sustained-Innovatioin-1200

Why Learning Is Central to Sustained Innovation

Operational excellence requires cultivating an expectation for continuous improvement in all employees.

The Amsterdam Case Study

Data-Driven City Management

May 19, 2016 | Michael Fitzgerald

Many major cities recognize the opportunity to improve urban life with data analytics, and are exploring how to use information technologies to develop smarter services and a more sustainable footprint. Amsterdam, which has been working toward becoming a “smart city” for almost 7 years, offers insights into the complexities facing city managers who see the opportunity with data, but must collaborate with a diverse group of stakeholders to achieve their goals. The city’s chief technology officer, Ger Baron, makes it clear that their efforts are still early days: “I can give you the nice stories that we’re doing great stuff with data and information, but we’re very much at a starting point,” he says.

New Perspectives on Strategy

Open access brought to you by CBSEE-stacked1

How can a business leader make the most impact on an organization? Open access to these three MIT Sloan Management Review articles about navigating strategic decisions in today’s digital world is provided courtesy of Columbia Business School Executive Education.

Gans-Keep-Calm-And-Manage-Disruption-Crown-1200
Austin-Martha-Payne-School-Lunch-Blog-Human-Rights-1200
weill-1200
advertisement

advertisement

Transparency

Robert Eccles, professor of management practice at Harvard Business School
Marshall-Coca-cola-1200
Garcia-McDonalds-Transparency-1200

How McDonald’s Cooked Up More Transparency

Preparing the McDonald’s “Our Food. Your Questions.” campaign put the company through a kind of “culture shock.”

Scandrett-1200
Kane-Transparency-Bubbles-1200

The Lessons of Failure

Lessons from Kunduz: Prevent Disaster by Paying Attention to the Little Picture

Debates about assigning responsibility and meting out punishment rarely address the bigger issue: how to prevent major failures from happening in the first place. Indeed, when we focus primarily on punishment, without addressing the precipitating factors—both technological and organizational — we are inadvertently exposing ourselves to risk of recurrence.

Real Innovators Don't Fear Failure

One way to learn, argue Paul J.H. Schoemaker and Steven Krupp, is to “try to fail fast, often and cheaply in search of innovation.” Asking “what if” questions, they say, challenges executives to incorporate broader perspectives, stimulating “out-of-the-box dialogues that help leaders make better choices and find innovative solutions sooner.” Schoemaker and Krupp write that to help a team learn faster, leaders must frame mistakes as valuable learning opportunities.

advertisement

Working With Outside Innovators

Open access brought to you by PwC-90

Savvy executives know that they need to look for innovative ideas outside of their organizations as well as within it. Open access to these three MIT Sloan Management Review articles about working with outside innovation is provided courtesy of PwC.

Image courtesy of Flickr user soleir.

The Age of the Consumer-Innovator

Consumers generate massive amounts of product innovation — which has significant implications for new product development.

Courtesy of Valve Corp.

How to Manage Outside Innovation

Should external innovators be organized in collaborative communities or competitive markets? The answer depends on three crucial issues.

Image courtesy of bylisataylor.com.
advertisement

The 2016 Sustainability Report

Investing For a Sustainable Future

May 11, 2016 | Gregory Unruh, David Kiron, Nina Kruschwitz, Martin Reeves, Holger Rubel, and Alexander Meyer zum Felde

Investors see a strong link between corporate sustainability performance and financial performance — so they’re using sustainability-related data as a rationale for investment decisions like never before.

Social Media Strategy

Malhotra-Elon-Musk-Tesla-Twitter-1200

How CEOs Can Leverage Twitter

By tweeting, CEOs have an opportunity to initiate and influence online conversations.

Kane-Balance-Tradeoffs-Socia-Media-1200

Balancing Tradeoffs in Social Media

If companies want to succeed at social business, they need to develop a culture that embraces social media.

Roberts-Social-Media-1200

Customizing Your Social Strategy to the Platform

Companies that want to draw innovation ideas from social media need customized approaches.

Language-1200

Are Social Media’s Benefits Getting Lost in Translation?

For multinational companies, language barriers are a key obstacle to social business. Can a multilingual approach work?

Embracing Analytic Decision Making

Complexity’s Competitive Edge

April 26, 2016 | Larry Seligman, Angela Galeziowski, and Dev Koushik (IHG), interviewed by Sam Ransbotham

IHG is gaining a competitive advantage from applying advanced analytics to pricing and marketing. “Addressing complexity, if you can address complexity in modern marketing, gives companies a competitive advantage that can take time for competitors to replicate,” say IHG executives Larry Seligman, Jim Sprigg, Angela Galeziowski, and Dev Koushik, in a group interview.