Information Sharing

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Winning With Open Process Innovation

Managers in manufacturing companies often keep process innovation activities tightly under wraps. Some companies have good reasons for keeping process innovations concealed. However, the authors’ research suggests that for most manufacturers, such defensiveness deprives companies of a valuable source of ideas for productivity improvement. Many manufacturers, they argue, can benefit from sharing process innovations rather than keeping them secret.

Digital Audits as a Tactical and Strategic Management Resource

  • Blog
  • Read Time: 6 min 

New factory audit processes help companies that outsource production to evaluate supplier performance in more depth, leading to more effective decision-making. Three key issues that hamper modern auditing — standardization, cost inflation, and fraud — are being mitigated by new systems that automate the inspection process while tailoring it to specific inputs. The result: analytical capabilities that go beyond the classic audit model.

Don’t Check Your Facts at the Door (We’ll Check Them for You)

  • Blog

On March 21 and 22, MIT SMR is opening its website to one and all, offering free and unlimited access to its rich offering of management insight and advice. MIT SMR’s mission is to improve the practice of business by identifying the most important new ideas in management, vetting them for rigor, shaping them into practical wisdom, and delivering them in ways that are convenient and enjoyable to consume. For two days, MIT SMR aims to demonstrate the worth of that mission as broadly as possible.

What’s Your Strategy for Supply Chain Disclosure?

How much information should a company disclose about its supply chain? In addition to having to be lean, agile, and sustainable, today’s supply chains are increasingly the focus of growing attention from a variety of external stakeholders. These stakeholders often want information beyond what the company is legally obliged to disclose. But many companies have limited visibility of their supply chain information and have not fully considered their disclosure strategy.

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How Twitter Users Can Generate Better Ideas

New research shows a link between the amount of diversity in employees’ Twitter networks and the quality of their ideas. “A diverse network provides exposure to people from different fields who behave and think differently,” write Salvatore Parise (Babson College), Eoin Whelan (National University of Ireland) and Steve Todd (EMC Corporation). They found that the more diverse a person’s social network, the more likely that person is to be innovative. They also found that Twitter users who are both idea scouts and idea connectors are especially valuable in the workplace.

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Showing 1-12 of 12