MIT Sloan Management Review

 

Archive for the ‘Internet’ Category

Morphing the Web

Monday, July 6th, 2009

The new Summer 2009 issue of MIT Sloan Management Review  includes an interesting article on websites that “morph” — by adjusting their content to the cognitive style of their visitors. For example, people who have a more visual way of thinking could be shown somewhat different content than those who think primarily in words.

Researchers Glen L. Urban, John R. Hauser, Guilherme Liberali, Michael Braun, and Fareena Sultan write:

“The best [salespeople] carefully diagnose how their client thinks and then modify their pitch to match the customer. This sales approach, often instinctive, enables the salesperson to vary the presentation of information depending on the cognitive style of the customer.

Now, through Web site morphing, the Internet is beginning to do the same.

Morphing increases sales. A recent experimental study at MIT demonstrated that Web-originated purchase intentions for a large global telecommunications company’s broadband product could increase 20% after morphing the site to match individual cognitive styles. For example giving analytic potential customers more data and technical detail, reducing the complexity for holistic information processors, giving impulsive users succinct recommendations, and providing engaging learning experiences to deliberative customers made it more likely that these Web site visitors would make a purchase after visiting the site.

You can read more about “Web morphing” — and how it can be implemented — in the authors’ article, “Morph the Web To Build Empathy, Trust and Sales.”

 

Data reuse on the Internet

Wednesday, July 1st, 2009

Here’s an interesting thought from Hongwei Zhu and Stuart E. Madnick:

“If your company has put up an extensive Web site, chances are fairly good that, whether you realize it or not, you have made a database available for others to reuse. You may own the database, but it is difficult for you to own its contents completely after you have made them publicly accessible, unless you find innovative ways of using those contents.”

That’s an excerpt from Zhu and Madnick’s article,  “Finding New Uses for Information,” in the new Summer 2009 issue of MIT Sloan Management Review.  Citing examples such as travel site Kayak.com — which draws on data from other travel sites — the authors look at the topic of data reuse on the Internet, from a strategic and legal perspective. 

 

From The Magazine

Fall 2009

Special Report: Sustainability

8 Reasons That Sustainability Will Change Management

Michael S. Hopkins

Transparency, accidental innovation, trust, collaboration — as sustainability affects how the world works, so will it affect how business works in the world.

Intelligence: Management

Debunking Management Myths

Martha E. Mangelsdorf

In this interview, Henry Mintzberg questions some of the conventional wisdom about managerial work.