Special Report: New Product Development

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Developing New Products in Emerging Markets

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

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Why Great New Products Fail

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

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Finding the Right Role for Social Media in Innovation

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

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Why Learning Is Central to Sustained Innovation

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

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"Getting Product Development Right"

Get a special collection of five new MIT SMR articles on why great new products fail, how Internet of Things will affect product development, developing new products in emerging markets and more. Registration required.

 

Getting Product Development Right

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Free download of this collection of MIT Sloan Management Review articles is brought to you by Xively.

The Benefits of “Micro-Entrepreneurship”

Crowd-Based Capitalism? Empowering Entrepreneurs in the Sharing Economy

March 8, 2016 | Arun Sundararajan (New York University Stern School of Business), interviewed by Gerald C. Kane

NYU Stern School of Business professor Arun Sundararajan is excited about the sharing economy. Although the sharing economy presents challenges for both corporations and start-up peer-to-peer marketplaces, Sundararajan sees a host of benefits for what he calls “micro entrepreneurs.” In an interview with MIT Sloan Management Review, Sundararajan discusses the challenges of ensuring success with this alternative business model — and steps companies can take to make sure they’re not left out.

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Creative Talent Management

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This Week at the Intersection of Management & Tech

Tech Savvy: Reinventing Work With Virtual Reality

April 21, 2016 | Theodore Kinni

What’s happening this week at the intersection of management and technology: Making virtual reality a reality at work; chatbots aren’t just for Facebook; designing an enterprise app that employees will actually use.

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.

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The Age of the Consumer-Innovator

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

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How to Manage Outside Innovation

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

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New Strategies in Funding

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Lessons From Hollywood: A New Approach To Funding R&D

Project-centered governance may be an efficient way to organize innovation in fields such as biotech.

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Adapting to the Sharing Economy

New strategies are helping companies embrace “collaborative consumption” and the “sharing economy.”

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How to Revitalize Your Digital Business Model

Companies need to focus their online strategies to create a successful digital business model.

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More Companies Are Cashing In on Underused Resources

Companies can participate in “collaborative consumption” through creative new approaches to defining and reusing their resources.

Leadership Challenges in a Digital Age

Where Digitization Is Failing to Deliver

It has become a truism that the pace of work is faster than ever, as digital technologies speed up communication and operational processes in a story of unending progress. But increased speed has not translated into increased rates of productivity growth. Since 2004, growth rates have slowed not just in the US but across the world. Chad Syverson, J. Baum Harris Professor of Economics at the University of Chicago’s Booth School of Business, explains what the implications are, and why the benefits of new technologies are not straightforward.

The Pitfalls of Project Status Reporting

Accepting five inconvenient truths about project status reporting can greatly reduce the chance of being blindsided by unpleasant surprises. For instance, many employees tend to put a positive spin on anything they report to senior management. And when employees do report bad news, senior executives often ignore it. Overconfidence is an occupational hazard in the executive suite, and executives need to examine their own assumptions and beliefs about project status reporting.

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The Challenge of "Last Mile Deliveries"

Remapping the Last Mile of the Urban Supply Chain

April 27, 2016 | Matthias Winkenbach

There are many reasons to believe we are on the crest of substantial progress with even the most challenging of last mile deliveries. Innovative models such as smart locker systems, the use of electric vehicles, and on-demand fleet services such as UberRUSH are being explored. The MIT Megacity Lab is helping identify customer-specific insights about how supply chains deliver products to urban customers and finds that autonomous delivery vehicles, while still years from wide-scale implementation, hold game-changing promise.