Frontiers

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How Cities Should Prepare for Artificial Intelligence

A key driver of AI’s role in the global economy will be how cities deal with technological developments. Many cities plan to become “smart cities” armed with AI-driven processes, like AI-based traffic control systems. But simply adopting these new technologies won’t be enough to guarantee their success. Like organizations and education experts, cities need to assess and prepare for AI-related skills gaps.

How Business Ecosystems Rise (and Often Fall)

  • Frontiers

  • Research Highlight
  • Read Time: 13 min 

It’s tempting to look at high-profile business ecosystems and assume that the model is a reliable formula for success. In fact, many ecosystems never earn a significant market share, and only about 15% dominate their markets over time. An analysis shows that most share a common life cycle, with several critical windows along the way. For management, the key is understanding these windows and adjusting the company’s strategy over time to meet the unique requirements of each.

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Why Teams Still Need Leaders

While flat organizational structures have gained favor in recent years, hierarchies continue to provide many important benefits, says the University of Michigan’s Lindy Greer. Depending on the circumstances, the answer isn’t to eliminate hierarchy but to train leaders and teams to use it flexibly.

Bridging the Leadership Gap Between Tech and Business

  • Blog
  • Read Time: 5 min 

For so many of organizations today, technology is the business. Yet, for many companies, the persistent separation of the IT function within the organization creates siloes and sets up a false dichotomy between technology and business leaders. To remain flexible and adaptable in the face of constant change, business and technology leaders alike need to take bold action.

What Tech Pioneers Can Learn From Emerging Markets

Technology leaders are not shy about pushing the boundaries of their industries, and sometimes they go further — challenging the prevailing rules of society at large. The eagerness of entrepreneurs to test limits isn’t surprising to Tarun Khanna, the Jorge Paulo Lemann Professor at Harvard Business School, who has spent more than two decades studying how business strategies play out in emerging markets.

Why Personalization Matters for Consumer Privacy

Many different factors determine how consumers balance data privacy against a desire for personalized products and services — age, geography, and education among them. Companies can help their customers feel more comfortable with the data collection needed for personalized service by understanding customer values and maintaining transparency and good communication when it comes to data collection.

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The Digital Future of Strawberries

Technology may hold the answer to two of the knottiest problems faced by the U.S. economy — the shortage of farm labor and the excess of vehicle traffic. But there’s a flip side: It also enables surveillance so widespread and intrusive, companies can track even our heartbeats — and the data collected by these sensors is far from secure.

Learning to Love the AI Bubble

  • Frontiers

  • Opinion & Analysis
  • Read Time: 5 min 

All bubbles are different. Bubbles occur when the market value of assets decouple from their intrinsic value and expectations of rising valuations generate investor demand. Many ambitious infrastructure projects that produced canals, railways, and telecom networks were fueled by bubbles. Unlike the housing bubble, the effects of a bursting AI bubble wouldn’t cause great harm.

How to Choose the Right Digital Leader for Your Company

  • Frontiers

  • Research Highlight
  • Read Time: 6 min 

Striking the right balance between competence and credibility is essential to digital leaders’ success, but it depends on what a company expects its CDO to do. While external candidates can bring critical digital competence and experience to organizations seeking a better digital footing, they may struggle to build the necessary credibility for organizational change.

Transforming Manufacturing and Supply Chains With 4D Printing

Next on the horizon is 4D printing, an emerging technology that would allow managers to meet supply chain challenges with customized, adaptive, and potentially self-modulating equipment. Manufacturers should start considering how their infrastructure and supply chains might benefit from this technology as it unfolds.

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The Perils of Applying AI Prediction to Complex Decisions

While AI is brilliantly placed to solve decisions that are concrete and well-defined, in other contexts it can fail spectacularly, showing connections between facts or events but stumbling when the need to disentangle cause from correlation arises. Human input in the form of subject matter knowledge and common sense are often needed to complement AI. And executives must understand which challenges are right for these new technologies to address.

Leisure Is Our Killer App

How can we avoid being automated out of our jobs? When recommending areas for development, experts tend to focus on two broad classes of skills that distinguish people from machines: sociability and variability. But homing in on those areas can lead to burnout, leaving us even more vulnerable to obsolescence. Leisure can mitigate these effects. Beyond reducing burnout, leisure is a uniquely human activity that robots cannot perform, and it might actually make us better thinkers and workers.

Train Your People to Think in Code

The future of work will entail thinking not just analytically, but also algorithmically — so companies need to retrain workers for writing code, not formulas. Organizations that manage to make code the natural language for diffusing analysis across their organizations can often grow and innovate faster than their peers.

Four Profiles of Successful Digital Executives

  • Frontiers

  • Research Highlight
  • Read Time: 10 min 

Hoping a jack-of-all-trades can lead your organization’s digital transition is unrealistic. We found four distinct types of successful digital executives who can best provide vision and purpose for digital. Crucially, each type has unique strengths and performs best in different contexts.

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