Innovation

Featured Innovation Articles

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How is Digitization Affecting Your Business?

A short questionnaire from researchers at MIT Sloan's Center for Information Systems Research helps assess digital risk.

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A New Vision for Personal Transportation

Smart data and mass customization have the potential to radically change the way trips are planned.

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Lessons From Hollywood: A New Approach To Funding R&D

Project-centered governance may be an efficient way to organize innovation in fields such as biotech.

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Remaking an Organization

Achieving Successful Strategic Transformation

March 20, 2012 | Gerry Johnson, George S. Yip and Manuel Hensmans

Companies that are able to radically change their entrenched ways of doing things and then reclaim leading positions in their industries are the exception rather than the rule. Even less common are companies able to anticipate a new set of requirements and mobilize the internal and external resources necessary to meet them. The article focuses on three companies that transformed themselves and compares them with three other companies from similar industries that hadn’t been required to make a dramatic shift.

How to Innovate Strategically

Open access brought to you by GSB_EXECED-90

How are companies finding the most creative and competitive strategic vision? Open access to these MIT Sloan Management Review articles on spurring innovative strategy is provided courtesy of Stanford Graduate School of Business.

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Strategic Innovation

Companies can successfully challenge industry leaders even without radical technological innovation.

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Innovation From the Inside Out

Grameen Bank and others know that you get the best answers by burying yourself in the questions.

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Involving Customers in New Product Development

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When Customers Become Fans

Smartphone maker Xiaomi cultivates user pride through user-centered and open innovation.

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The Age of the Consumer-Innovator

Consumers generate massive amounts of product innovation — which has significant implications for new product development.

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Collaborating With Customer Communities: Lessons From the Lego Group

For the Lego Group, a close bond with user communities is not a pipe dream but a reality.

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How to Network Your Way to New Product Ideas

What if traditional views of the innovation process are flawed? Thoughts from MIT's Eric von Hippel.

Innovation in Emerging Markets

Open access brought to you by PwC-90

Growing economies like China and India are hotbeds of innovation. Open access to these three MIT Sloan Management Review articles about innovation in emerging markets is provided courtesy of PwC.

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Strategic Innovation at the Base of the Pyramid

Innovation in developing markets has less to do with finding new customers than addressing issues of product acceptability, affordability, availability and awareness.

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Innovation and the Power of Geography

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What to Know About Locating in a Cluster

Innovation flourishes when companies are geographically close, but knowledge poaching can thrive, too.

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Driving Growth and Employment Through Logistics

Logistics clusters create jobs that are difficult to move offshore and lead to economic growth.

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All Fired Up in Massachusetts: The State’s New Wave of Big Data Companies

A new wave of analytics-driven companies is making Massachusetts one of the hottest U.S. centers of big data.

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Innovation: Location Matters

The external environment for innovation is an important driver, and industrial clusters offer special advantages.

The Platform Business Model

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How to Avoid Platform Traps

The increasing popularity of platform strategies masks a difficult truth: They are hard to execute well.

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Five Strategy Rules

Mastering Strategy

October 8, 2015 | David B. Yoffie and Michael A. Cusumano, interviewed by Martha E. Mangelsdorf

How can executives develop their skills as strategists? One way is to learn from the masters. The book Strategy Rules: Five Timeless Lessons From Bill Gates, Andy Grove, and Steve Jobs (HarperCollins, 2015) explores insights drawn from the careers of these former CEOs of Microsoft, Intel, and Apple. In a Q&A, the book's authors, David B. Yoffie of Harvard Business School and Michael A. Cusumano of MIT Sloan, explain how strategic thinking is a capability that leaders — even the superstars — develop over time.