Data & Analytics

Showing 1-20 of 242

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How Future Workspaces Will Improve Productivity and Creativity

  • Research Highlight
  • Read Time: 6 min 

The physical world and the digital world are combining to become “a new hybrid space,” with a blurring of boundaries between areas that are private, public, and shared. Understanding how workforces connect within this new, flexible working environment, says MIT professor Carlo Ratti in a recent webinar, is crucial for designing next-generation offices.

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Internet of Things and Product Design

  • Research Highlight
  • Read Time: 7 min 

Products connected to the Internet of Things are providing unprecedented levels of information. A webinar from MIT SMR covers how IoT is changing the way companies can think about what their customers want and how to design the products they need.

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Can Artificial Intelligence Replace Executive Decision Making?

Despite improvements in cognitive technologies, the “Jetson” dream managerial scenario of sitting back and letting machines do all the work is still far from reality. Decisions that executives face don’t necessarily fit into defined problems well suited for automation. Cognitive technologies will increasingly absorb the easiest aspects of executive jobs, but at least for the time being, countless decisions still require human engagement.

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IoT and Implications for Organizational Structure

  • Opinion & Analysis

In this webinar, James Heppelmann, president and chief executive officer of PTC, discusses how IoT is transforming companies’ organizational structures. He illustrates the new need for companies to coordinate across product design, cloud operation, service improvement, and customer engagement, and some of the models for making the transition to a new structure, including centers of excellence and steering committees.

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Want to Improve Your Portfolio? Call a Scientist

In a conversation with MIT SMR’s David Kiron and Sam Ransbotham, associate professor of information systems at the Carroll School of Management at Boston College and guest editor for the Data and Analytics Big Idea Initiative for the MIT Sloan Management Review, Jeffrey Bohn, chief science officer at State Street Global Exchange discusses how he is developing better trading and risk strategies for clients using State Street’s proprietary data and analytics.

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Webinar on Future Workspaces

  • Blog
  • Read Time: 1 min 

Today’s technology does allow global and instantaneous communication, but most of us still commute to offices for work every day. Why? Human aggregation, friction, and the interaction of our minds are vital aspects of work, especially in the creative industries. In a new webinar, MIT professor Carlo Ratti, director of MIT’s Senseable City Lab, discussed how new digital tools are emerging to measure human connections and behavior, and how workspace design can respond.

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Achieving Meritocracy in the Workplace

Rewarding employees based on merit can be more difficult than it first appears. Even efforts to reduce bias can backfire; disparities in raises and bonuses by gender, racial, and other characteristics persist in today’s organizations not only despite management’s attempts to reduce them but also because of such efforts. The author describes how a simple analytics-based approach can address these concerns and produce a truly meritocratic workplace.

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Improving Analytics Capabilities Through Crowdsourcing

Analytics capabilities can greatly expand a company’s ability to innovate — but what do you do when the talent you need just isn’t available? Agribusiness giant Syngenta, faced with an insurmountable analytics talent bottleneck, turned to crowdsourcing. Using a series of contests, it outsourced the development of a set of award-winning analytics tools to improve its decision making — and learned, in the process, some key factors supporting successful crowdsourcing.

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Free Webinar, Organizing for IoT

In a free webinar, James Heppelmann, president and chief executive officer of PTC, discusses how IoT is transforming companies’ organizational structures. He’ll illustrate the new need for companies to coordinate across product design, cloud operation, service improvement, and customer engagement, and some of the models for making the transition to a new structure, including centers of excellence and steering committees. The presentation is followed by a Q&A session with the presenter.

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Do You Know What Really Drives Your Business’s Performance?

Although intuitively appealing, strategy maps and models such as the service profit chain have a common pitfall: They encourage managers to embrace general assumptions about the drivers of financial performance that may not stand up to close scrutiny in their own organizations. A more rigorous analytic approach called performance topology mapping may help managers avoid these assumptions, as well as the strategic mistakes they promote.

Image courtesy of Flickr user Keith Allison

Stephen Curry, the Golden State Warriors, and the Power of Analytics at Work

Organizations across an increasing number of sports and levels of competition are capitalizing on data to gain a competitive edge. Indeed, few industries have implemented data-driven decision making as successfully as sports. And learnings from the sports analytics revolution are applicable to a broad range of other industries.

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Better Data Brings a Renewal at the Bank of England

The Bank of England, one of the world’s oldest and most influential central banks, has made analytics excellence a key pillar of its mission to promote economic stability within the United Kingdom. Like other central banks, the Bank has relied on data and analytics to formulate policy recommendations. But, since 2008 when it regained its status as a regulator, the Bank has begun using its access to new forms of data to increase its insights and forecasting abilities about the British economy.

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Six Lessons From Amsterdam’s Smart City Initiative

The city of Amsterdam is becoming a model for “smart cities” through its innovation efforts to improve the lives of its employees and inhabitants. This case offers insights into what it takes to achieve these goals, including: taking the crucial step of doing an initial inventory of data available; using and integrating data from the private sector; and experimenting and learning from pilot projects.

Showing 1-20 of 242