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Companies Brace for Decade of Disruption From AI

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With investments in Big Data bearing fruit, what do executives expect from the future? A new survey finds that artificial intelligence and machine learning are rapidly emerging avenues for innovation — and disruption. Nearly half of senior executives surveyed, from companies like American Express, Disney, Ford Motors, and General Electric, see disruptive change coming fast.

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When the Luddites Fought Back

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Anxiety about the destabilizing role of technology is hardly new. When new labor-saving technologies were introduced in the British textile industry in the early 1800s, workers lashed out. Smithsonian Magazine writer Clive Thompson describes how their anger and violence boiled over.

From the Archives: Establish a Personal Advisory Board

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Here’s a new year’s resolution to consider: Build a personal advisory board that meets your current needs. “A person’s developmental network can’t be static but needs to evolve over time,” noted the authors of a 2015 article in MIT Sloan Management Review. Yan Shen, Richard D. Cotton, and Kathy E. Kram make the case that a professional mentor is just one element of a fully formed personal board of advisers, which might also include a personal guide and a career adviser, among others.

End Your Business Journey, Please

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In a rapidly changing world, full of mixed messages and various uncertainties, it’s reasonable for leaders and managers to look for some language — a narrative — that helps people grapple with it all. “Journey” fits this particular bill in many respects. It’s a familiar and perhaps comforting framework for describing the pursuit of some end — but using it could affect your ability to envision a wider range of possibilities.

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Unexpected Benefits of Digital Transformation

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Digital technology creates new opportunities to work differently, which in turn offers opportunities to infuse technology into the work process. When managers shift from thinking about digital tools themselves to a focus on how the tools help companies work differently, they can begin to identify ways to transform the company’s processes to get real value from integrating new tools.

A Leader’s List for 2017

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In the spirit of the resolution season, here is an incomplete list of my commitments to my organization, the people who compose it, and to you, our audience, without whom we do not exist.

Does Your Supply Chain Risk Management Strategy Hold Water?

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Water’s deceptive abundance and low cost in many countries is not yet promoting responsible management within many companies. That needs to change, argues Alexis Bateman, director of the MIT Responsible Supply Chain Lab. “Increasingly stressed water resources represent a major threat to the integrity of global supply chains,” she writes. Mitigating or eliminating these risks will require action on multiple fronts.

The 20 Most Popular MIT Sloan Management Review Articles of 2016

In 2016, MIT Sloan Management Review website visitors gravitated toward new articles about the management implications of technology-driven trends such as the internet of things, analytics, and artificial intelligence. They also showed significant interest in articles related to setting strategy in times of rapid change. But the most popular new article by far was about a timeless topic: meaning in their work.

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How We Sell Our Attention

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Efforts by advertisers to attract attention are not new. What’s different with the web, author Tim Wu says, is the extent to which individuals are willing to open their lives to advertisers and trade away their time and private information for having the world at their fingertips. This creates unprecedented opportunities for manipulation.

‘Moneyball’ for Professors?

While there’s a boom in using analytics for HR decisions, predictive analytics hasn’t yet made substantial inroads in the place of its birth: academia. Tenure decisions for the scholars of computer science, economics, and statistics — the pioneers of quantitative metrics and predictive analytics — are often insulated from these tools. Now research we conducted with Dimitris Bertsimas and Shachar Reichman finds that data-driven models can significantly improve tenure selections and predict future research success.

From the Archives: Managing in a Time of Uncertainty

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How do businesses prepare for changes to the environment they operate in brought about by a highly charged political upheaval? When it comes to strategic planning in uncertain times and political change, what’s right for a company depends on its circumstances, its available resources, and how management combines those resources together.

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