Innovation Strategy

Mercedes-Benz has embraced open innovation as a way to speed up its internal R&D processes.

Make better choices about which R&D projects gain funding by managing bias and involving more people.

Much of the fashion industry trades on a culture of disposability. It’s not sustainable, and retail norms must change.

Kurt Matzler and Julia Hautz outline a framework leaders can adopt to spur innovation and compete against digital-first companies.

Gerald C. (Jerry) Kane, Rich Nanda, and Anh Phillips, authors of the book The Transformation Myth, outline the traits and principles essential for adapting to disruption, especially following the COVID-19 pandemic.

World-changing innovations are grounded in a culture of optimism and team learning.

Innovation strategies for successful change, steps to building stakeholder trust in new technology, and organizational shifts for successful AI deployment.

Kay Firth-Butterfield (the World Economic Forum), Ya Xu (LinkedIn), and Charlotte Degot (BCG GAMMA) join MIT SMR senior project editor Allison Ryder for a discussion on innovating with artificial intelligence.

To get more from their innovation efforts, businesses must first determine what type of change they want to achieve.

An environment of continuous disruption requires the development of digital innovation capabilities.

The next wave of social innovation is coming from employee-led initiatives.

Leaders must embrace creativity and innovative thinking to help both their organizations and the planet thrive.

In a business model based on an entrepreneur’s identity, company leaders may need to reassess who they are to respond to disruption.

Developments in enabling technology are opening up more use cases for virtual models of real-world objects.

A global study of online hackathons offers best practices for designing virtual ideation sessions.

Companies have more options than they realize when choosing a strategy for responding to a changing environment.

The Me, Myself, and AI podcast delves into how automotive supplier Cooper Standard uses open innovation to leverage AI.

Crowdsourcing platforms, updating how work gets done in a new normal, and simplifying data migration.

Crowdsourcing platforms produce more results when problem statements are crafted to engage participants.

The U.S. must examine its cultural ideals, in the context of its economic rivalry with China and within its own borders.