Countries facing the greatest risk from automation are those that have labor economies in which many jobs involve manual or routine tasks that can be easily automated. Analyzing occupations in terms of their component parts provides a much richer way of looking at jobs than estimating the effects of automation more broadly.

Technologies like virtual reality and augmented reality show great promise in fields like medicine and manufacturing, but they come with risks to individual and societal well-being that could be incredibly hard to reverse. Now is the time for business leaders to take measures to prevent, or at least mitigate, the potential downsides of such tools.

Well-executed international expansions can provide access to new markets, customers, and revenue streams. But many companies underestimate operational complexity and end up with a country portfolio that slowly and subtly erodes profitability. New research offers a framework for managing successful country portfolios and making some key decisions before the next recession hits.

Recent CEO departures have been attention-grabbing but are also part of a larger rising turnover rate for the top job within companies. Chief departures can signal fear and uncertainty within the ranks, and often managers and employees feel a lack of direction for moving forward. To mitigate risk, organizations must take steps to prepare for uncertainty.

This week’s must-reads for managing in the digital age: Figuring out how to make AI work for you; the obstacles facing women early in their careers; the pitfalls of a transparent world; how CIOs evolve into technology strategists.

In a data-rich world, company stakeholders know more than ever about the organization and possess unprecedented power to spread the word when something goes wrong. Leaders must realize that the damage to the business and its reputation will be revealed more quickly and spread faster and wider than ever before — so it’s vital that they look carefully at potentially risky decisions and practices.

The critical software and technical systems we rely on daily are like invisible skyscrapers all around us — yet we often don’t know who designed them, how they were constructed, or whether they hide defects that could lead to massive inconvenience, financial chaos, or catastrophic failures.

Businesses can use cybersecurity to assure their digital transformation bets while positioning the business to capture new and enhanced revenue streams. Companies that act seriously and aggressively now will gain market positioning and long-term benefits.

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.

There are many reasons why large programs fail, but one potential cause is that they simply break down under their own weight. Smaller teams move faster, iterate at a higher frequency, and innovate more for the company. There are ten specific ways that managers can nurture small teams in big organizations, from increasing visibility and accountability to being less formal when sharing information.

Platform businesses, like Airbnb or Lyft, often talk about themselves as if they’re merely matchmakers. That’s a smart pitch — when a company is negotiating with investors. But any platform that wants to succeed will have to learn something Airbnb did: Matchmaking isn’t everything. Success also depends on identifying and mitigating risks for your buyers and sellers. The quantity and quality of goods or services bought and sold on your platform will be proportional to the amount of risk mitigated.

Many ethical, lawfully managed businesses have consumer data they aren’t legally authorized to possess, obtained from a surprising source: their customers, who inadvertently share the personal data of family, friends, and colleagues. And in the wake of the Cambridge Analytica scandal and the enactment of the EU’s General Data Protection Regulation, peer-dependent privacy is emerging as a critical consideration for businesses.

Leaders in a digital world have to navigate more complexity than ever before, where a problem that arises in one node of such network work can spread easily, with widespread adverse impact. But complexity-induced problems often have similar fundamental causes — and similar solutions. Leaders can ameliorate the effects of complexity by developing broader, not just deeper, perspectives; learning to think in terms of scenarios; and being clear about strategic intent.

Considering the increasing pace of technological change and volatility in many industries, the need for corporate transformation is rising. Unfortunately, the chance of successfully achieving it is falling.

When developing strategy for execution, managers often want to start by setting their strategic priorities, but that’s a mistake. Management teams should start by identifying the corporate vision and critical vulnerabilities — both of which help clarify and shape priorities.

As organizations explore how software robots — or bots — can help automate administrative tasks and decisions, it pays to keep in mind some of the risks that come with the territory.

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.

Creating innovative products and services that disrupt the status quo requires creativity, and creativity involves thinking differently about constraints. But too much of a “the rules don’t apply to us” attitude can lead to ethical crises. That’s what’s happened at Uber, where a string of controversies led to a mass exodus of executives, including the company’s president and CEO. Organizations intent on innovating need to understand ahead of time the consequences of breaking certain rules.

As demographic changes and technological advances upend the marketplace, MetLife has responded by making digital transformation the heart of its business model.

With the benefit of digital technologies, companies are using Big Data to identify supply chain risks and create early warning systems with much greater speed and precision. However, the ability to respond to these signals hasn’t advanced at the same pace.