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We Must Keep Globalization in Its Place: The Marketplace

  • Read Time: 3 min 

It’s remarkable how many people line up either for or against globalization and then dismiss the other side. Who’s right? Neither. We should all be lining up for and against globalization, to retain what is constructive about it while challenging what has become destructive. We need to keep globalization in its place — the marketplace, where it creates value — while keeping it out of the public space, where it has become increasingly destructive.

Game-Changing Strategies for Corporate Boards

The process of recruiting members to a board is often mistaken for the actual onboarding. Much is at stake in terms of legal and fiduciary responsibilities, but relatively little attention is paid to creating the conditions within the board to extract the distinctive knowledge of its new members. Three strategies can help boards do a better job leveraging the unique expertise of each board member.

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Governments as Facilitators of Value Creation

There is a fundamental humanity to business institutions. Businesses are cooperative endeavors that leverage human work and creativity to create social value. Stable, functional, and purpose-driven businesses are key to real human flourishing. And yet many governments are expected to be neutral about business, acting as either redistributor or regulator. There is a third role, though: facilitator.

The Trouble With Cybersecurity Management

To better prepare for growing cyber threats, organizations and managers must build awareness about the complexity of cybersecurity and adopt training programs that mimic real-world scenarios. One option is “management flight simulators” that let experienced and novice managers run simulations to learn how to respond to cyberattacks.

The Big Data Problem That Market Research Must Fix

  • Read Time: 9 min 

Insight into what customers really care about often is hampered by the quality of the information being collected. Big data can support smart market research, but only if researchers embrace psychometric best practices and the basics of understanding what it is they want to measure and how. That means asking the right questions, asking enough questions, understanding how to weigh questions, and taking into consideration how people felt about the brand to begin with.

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Let Your Digital Strategy Emerge

What can digital technologies do to help an organization solve customer problems? And what solutions will customers find valuable? It’s only when leaders wrestle with these questions that a digital strategy can emerge. To get there, organizations need to create a portfolio of business experiments and engage with customers to gain insight into their problems and potential solutions. The intersection between what’s possible and what’s desired is where a business will succeed.

Let’s Dig In

  • Read Time: 2 min 

On Oct. 2 and 3, MIT SMR is dropping its paywall — all of the content is freely available to visitors. Readers will have immediate access to ideas, research, benchmarks and tools, all grounded in the reality of our technologically driven economy and society. We’re offering some recommendations, based on what readers tell us are some of the most pressing problems they’re facing right now.

How Platform Strategies Continue to Create Value

  • Read Time: 6 min 

Platform companies continue to surprise and challenge conventional approaches to creating value. The 2018 MIT Platform Strategy Summit brought together innovative leaders who are playing a major role in the changing digital economy. Learn from their experience with five major principles for creating new value with platforms.

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The 2018 Richard Beckhard Memorial Prize

The editors of MIT Sloan Management Review are pleased to announce the winner of this year’s Richard Beckhard Memorial Prize, awarded annually to the most outstanding MIT SMR article on planned change and organizational development. The 2018 award goes to “The Corporate Implications of Longer Lives,” by Lynda Gratton and Andrew Scott, both professors at London Business School.

Showing 1-20 of 1131