Decision Making

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Opportunism Knocks

Complex supply chains with many agents are more prone to problems, and on occasion, to spectacular collapse. Examples from the last few years include the subprime mortgage crisis; the failure of the Peanut Corporation of America; and dioxin-contaminated Irish pork. Without a doubt, today’s complex supply chains are vulnerable to opportunistic behavior leading to sometimes catastrophic failure. But there are five steps managers can take to protect their companies.

Image courtesy of Flickr user raspberreh.

Are You Ready to Reengineer Your Decision Making?

There has been enormous progress in embedding the use of analytics at lower levels of companies. But according to Thomas H. Davenport, professor at Babson College and one of the best-known thinkers about analytics and business intelligence, the upper levels of companies haven’t kept up.

Julian Birkinshaw

Rethinking Management

Most executives spend a reasonable amount of time thinking about the business model for their organization. But how much time do they spend considering the company’s management model? In his book “Reinventing Management,” Julian Birkinshaw urges businesspeople to give more thought to management models. In a Q&A, Birkinshaw explains why management has been “corrupted” over the last 100 years, and what should change.

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Image courtesy of Amazon.com

Your Next Supply Chain

How have strategies for supply chain design changed in recent years? What are the forces most profoundly shaping them now? What kinds of models have emerged for companies to consider, choose among or learn from?

In this pair of twinned interviews, MIT professor and entrepreneur David Simchi-Levi and MIT professor Charles Fine — two of the world’s leading thinkers on supply chain and value chain design — offer answers to those questions and others.

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Free Article

Time to work in new ways?

  • Blog

It's not uncommon to hear experts suggest that recessions are good for innovation -- in part because hard times encourage new thinking. John Chambers, Cisco's chair and CEO, goes even further. Earlier this month, in a Wall Street Journal column, he described  the current economic situation as "the biggest opportunity of our lifetime."

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Free Article

Management innovation: No easy task

  • Blog
  • Read Time: 1 min 

Think product innovation is hard? Management innovation is even harder, according to Julian Birkinshaw of the London Business School.

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Free Article

Understanding informal decision networks

  • Blog

Business use of “social network analysis” is in the news — and is a topic featured in the Winter 2009 issue of MIT Sloan Management Review.

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Image courtesy of Flickr user sean dreilinger.

Why We Miss the Signs

It often seems that changes and threats come out of nowhere – until we learn later that the signals were there all along and we just didn”t read them correctly. One step toward reading them better is understanding why we misinterpret them in the first place.

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Rethinking Procurement in the Era of Globalization

What used to be a matter of finding and purchasing goods and services at the most favorable price has changed. At some companies, procurement has become closely intertwined with strategic decision making and board policy at the highest levels of the organization.

Showing 21-40 of 84