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Free Webinar: Foundations of Analytics Strategy

The 2016 MIT SMR/SAS Data and Analytics report, “Beyond the Hype: The Hard Work Behind Analytics Success,” finds that competitive advantage from analytics is declining — but that organizations achieving the greatest benefits have figured out how to ensure that the right data is being captured. In this webinar, the authors of the report explain how companies are making this transition and which are seeing the most success.

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Tech Savvy: When to Hire a Robot

In a new report, International Data Corp. forecasts a near doubling of the robotics market over the next 4 years. Meanwhile, President Obama sent The Annual Report of the Council of Economic Advisors to Congress which says that advances in robotics technology are “presaging the rise of a potentially paradigm-shifting innovation in the productivity process.” So how should companies use robotics between now and then? One answer: Hire robots for supporting, rather than primary, roles.

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Halting the Corporate Brain Drain

  • Blog
  • Read Time: 4 min 

Companies often don’t know what their employees’ experience contributes until employees leave, taking their unique knowledge assets with them. But digital tools have the potential to reshape the relationship between organizations and retiring employees. First, when used for collaboration, advanced social media platforms can record all interactions between employees and preserve them for later use. And second, digital platforms introduce the possibility of redefining the relationship companies have with retired staff.

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Tech Savvy: March 3, 2016

This week’s Tech Savvy looks at what’s happening in wearables at work, virtual reality in hiring, enhancing big data ROI, and digital transformation preparation. For instance, in a Netherlands warehouse, employees wearing smart glasses to pick orders show a 25% improvement in efficiency. And in big data, Wharton’s Eric Clemons notes that “Where big data analytics may create local fiefdoms, online social networks create distributed pockets of autonomous connection, affiliation, and even affection.”

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Tech Savvy: February 26, 2016

Peter Drucker defined the work of business leaders by three principal tasks: delivering financial results, making work and workers productive, and managing a company’s social impacts. Technological advances have transformed — and continue to transform — the world in myriad ways since Drucker published that definition in 1974. But technology hasn’t changed Drucker’s tasks. Instead, it is giving rise to new and better ways of executing them. This new column aims to help you identify big ideas and new tactics at the intersection of technology and management.

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We Are Open For Business

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  • Read Time: 1 min 

On February 23 and 24, MIT Sloan Management Review is completely dropping the site’s paygates, allowing visitors to freely explore all of our articles, reports, posts, videos, webinars, tools, and case studies. Why? We want to encourage the world to get to know all the remarkable things that MIT SMR has to offer. We work to collect here the best new ideas, research, and tools, and we want to give visitors the chance to experience all of it.

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Tradeoffs in Sustainability-Oriented Innovations

The 1987 UN document Our Common Future notes that sustainability means ensuring that future generations inherit an intact planet. If sustainability is framed as a tradeoff between business and society, addressing this tradeoff for the short term may actually exacerbate long-term problems — compromising sustainability. Firms that find a win-win between profits and planet but fail to consider intertemporal tradeoffs may cost the planet in the long term.

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The Revolution Will Be Customized (and Recycled and Solar-Powered)

The director of Michigan Tech University’s Lab in Open Sustainability Technology, Joshua Pearce, says that while the manufacturing revolution offered by 3D printing may be in its infancy, the time isn’t far when printers — already available open-source — will be solar-powered and use 100% recycled raw materials. “I think people are going to start producing a lot of their own things, whether it’s kids’ toys or scientific instruments, purely based on the economics,” he says.

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What the Internet of Things Could Mean to Consumers

From wearables to hotel desks that remind us to move around, connected objects are becoming a bigger part of consumers’ lives. For instance, famed design firm IDEO is using people-centered design to envision the Internet of Consumer Things, including helping to create a headband that lets people measure their brain activity and track their mental focus. In the hospitality industry, smart locks, smart lights, and even desks that suggest changing your posture could all become routine.

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Pushing the Boundaries of Predictive Analytics and the IoT

From sensing issues with turbine engines to identifying non-standard washing machine loads, predictive analytics are a given in the Internet of Things (IoT). But what will happen to predictive analytics once everything is connected? This list of five links points to predictions and calculations that some people in the field are making.

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Free Webinar: Leveraging Smart Data for Mass Customization

Research shows that applying smart data and the principles of mass customization to transportation ecosystems is launching new business models — and fundamentally changing the way we travel. In this webinar, customization experts Wolfgang Gruel and Frank Piller expand on their research into how to create integrated smart data ecosystems that cross corporate boundaries. They also detail real-life mass customization lessons that can be applied to any industry.

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What Companies Should Learn About Social Media From American Politics

The race for the U.S. presidential nomination is highlighting the increased fragmentation and polarization in American public life. An unprecedented number of candidates continue to stay in the race despite single-digit poll numbers. One reason may be that social media is giving candidates and their supporters an unrealistically optimistic perception of their chances of success — a situation with important implications for business.

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Hype vs. Reality: A Reality Check on the Internet of Things

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  • Read Time: 2 min 

The Internet of Things has plenty of hype — it’s going to be big, really big — but also plenty of detractors. The naysayers breathily predict everything from the surveillance state to a wrecked economy to people enslaved by machines. Here are nine bits of information to consider, from the way the Internet of Things will create (yet another) battle for control of the Internet, to the fact that the security of the Internet of Things is under fire before it even exists.

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Webinar on Cognitive Technologies with Tom Davenport and Julia Kirby

Now available on-demand: This free webinar offers context for understanding cognitive technology offerings. It focuses on what technology capabilities will be available — and what tasks will still require human input. Topics include artificial intelligence, automation, and business rules for making cognitive technology functional. Presenters Thomas H. Davenport and Julia Kirby are co-authors of the forthcoming book Only Humans Need Apply: Winners and Losers in the Age of Smart Machines.

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How Time-to-Insight Is Driving Big Data Business Investment

With the emergence of a digital economy over the course of the past two decades, leading companies have learned that they must act faster to respond to customer needs and competitive dynamics. The fourth annual Big Data Executive Survey confirms that Fortune 1000 firms recognize that faster time-to-insight correlates with success and will be the driving force behind Big Data investment for the years ahead.

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Avoiding Analytical Myopia

Analytics offers managers a great way to fine-tune processes, but too many executives focus on metrics at the expense of the bigger picture. The blinders and focus that work well to optimize the details of a problem may prevent managers from seeing other options, and intense focus on a narrow measure can address only the well-specified puzzle — resulting in a myopic view of the problem. Executives who desire bigger breakthroughs need to encourage exploration.

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Sustainability-Oriented Innovation: The More the Merrier

In the third in a four-post series on Sustainability-Oriented Innovation (SOI), the authors look at the SOI process and the key actors and roles involved. To facilitate and accelerate the complex process of SOI, the authors suggest the development of SOI centers of excellence and SOI communities of practice. With both, diverse networks of problem solvers can emerge and start managing the challenges of socially and environmentally complex issues.

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MIT SMR Welcomes Veteran Business Editor Paul Michelman as Its New Editor in Chief

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  • Read Time: 1 min 

Paul Michelman joins MIT Sloan Management Review as editor in chief and digital strategist. As chief content strategist Paul will guide MIT SMR’s digital content strategy across the entire content lifecycle. Paul was previously editor in chief at Safari Online, executive editor at strategy+business, and executive editor and director of new editorial products at Harvard Business Review.

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Balancing Tradeoffs in Social Media

Successful enterprise social media use has less to do with the tools employed than with the climate that a company creates. Cultivating the right climate requires balancing a number of tradeoffs through crafted social media policies, adapting characteristics of existing organizational culture, and having managers model effective social media practices for employees. In part 5 of his 5-part series, Gerald C. Kane offers a perspective on how to balance these tradeoffs and create the right mix for a company and its culture.

Showing 41-60 of 799