MIT Sloan Management Review Sustainable Innovation
- Cashing Out Excellenceby Robert D. Austin, Robert H. Hayes, and Richard L. Nolan. <p>Robert D. Austin is a professor of information systems at Ivey Business School and an affiliated faculty member at Harvard Medical School. Robert H. Hayes is the Philip Caldwell Professor of Business Administration, Emeritus, at Harvard Business School. Richard L. Nolan is a professor emeritus at Harvard Business School and the University of Washington.</p> on June 5, 2023 at 11:00 am
Daniel Hertzberg/theispot.com When Southwest Airlines suffered a post-holiday meltdown in December 2022, the trigger was a bout of adverse weather. But the storm hit Southwest harder than it did most airlines. The company’s outdated computer systems collapsed, and years of underinvestment in technology, particularly staff scheduling systems, led to more than 16,700 flight cancellations over
- Ask Sanyin: How Can I Field a Winning Team Without All-Star Players?by Sanyin Siang. <p>Sanyin Siang is a CEO coach and leads the Fuqua/Coach K Center on Leadership & Ethics (COLE) at Duke University. Need advice? Send an <a href="mailto:asksanyin@mit.edu">email to Sanyin</a>.</p> on June 1, 2023 at 11:00 am
My organization urgently needs to execute on a new strategic initiative, but I’m not confident that my current staff members have the skills and drive required. How can I field a championship team when I don’t have any all-star players? It’s easy for managers to succumb to a scarcity mentality and believe that their people
- Building a Winning Workplace Culture: Strategies for Leadersby Donald Sull, Charlie Sull, and Ally MacDonald. <p>Donald Sull is a global expert on strategy and execution in turbulent markets. Don is a cofounder of CultureX and a senior lecturer at the MIT Sloan School of Management, where he directs the Strategic Agility Project and the Culture 500. Charlie Sull is a cofounder of CultureX. He has advised the senior executive teams of dozens of multinational organizations on cultural management, strategy development, and strategy execution. Ally MacDonald is a former senior editor of <cite>MIT Sloan Management Review</cite>. She moderated the session.</p> on May 31, 2023 at 12:48 pm
Join us for a 60-minute webinar on building a winning organizational culture in today’s workforce. New research from Donald Sull and Charlie Sull has found that toxic workplace culture has been the driving force behind the Great Resignation. Meaning: Understanding and measuring culture has never been more critical for leaders. The authors’ multiyear research series
- Three Lessons From Chatting About Strategy With ChatGPTby Christian Stadler and Martin Reeves. <p>Christian Stadler (<a href="https://twitter.com/enduringsuccess">@enduringsuccess</a>) is a professor of strategic management at Warwick Business School at Warwick University and coauthor of several books, including <cite>Open Strategy: Mastering Disruption From Outside the C-Suite</cite> (MIT Press, 2021). Martin Reeves (<a href="https://twitter.com/MartinKReeves">@martinkreeves</a>) is a senior managing director and partner at Boston Consulting Group and chair of the BCG Henderson Institute. He is coauthor of several books on strategy, including <cite>The Imagination Machine</cite> (Harvard Business Review Press, 2021) and <cite>Your Strategy Needs a Strategy</cite> (Harvard Business Review Press, 2015). </p> on May 30, 2023 at 11:00 am
When Geoffrey Hinton, a pioneer of deep learning, quit Google recently, he made it clear that he is worried about the risks of artificial intelligence. He is not alone. Following the launch of ChatGPT-4, thousands of artificial intelligence experts signed a letter calling for a pause in the development of more-powerful AI systems. On the
- The Incumbent’s Deep Tech Strategy Playbookby François Candelon, Vinit Patel, Max Männig, and John Paschkewitz. <p>François Candelon is a senior partner and managing director at Boston Consulting Group (BCG) and the global director of the BCG Henderson Institute, where his research focuses on the impact of technologies on business and society. Vinit Patel is a project leader at BCG and a former ambassador at the BCG Henderson Institute. Max Männig is a project leader at BCG and an ambassador at the BCG Henderson Institute. John Paschkewitz is a partner and associate director at BCG and a core member of BCG X’s Deep Tech team.</p> on May 25, 2023 at 11:00 am
Deep tech — the innovative use of emerging physical technologies enabled by digital technologies to solve large-scale problems — has the potential to create transformative growth opportunities for businesses. By tapping into these advanced technologies, leaders are better positioned to address large-scale problems and reshape entire markets. Consider the impact of synthetic biology; by 2030,
- Balancing Valued Tradition With Innovationby Giulia Cancellieri, Simone Ferriani, and Gino Cattani. <p>Giulia Cancellieri is an assistant professor in the Department of Management at Ca’ Foscari University of Venice. Simone Ferriani is a professor in the Department of Management at the University of Bologna and a professor of entrepreneurship at City, University of London. Gino Cattani is a professor of management and organizations at the Stern School of Business at New York University.</p> on May 24, 2023 at 11:00 am
Paul Giovanopoulos/theispot.com Sooner or later, most successful companies face the challenge of updating a cherished old product. Make no changes, and you risk becoming irrelevant to new customers. Change too much, and you may alienate your most loyal customers. So how do you leverage a historically strong brand with sensitivity to heterogeneous customer preferences? To
- Don’t Get Distracted by the Hype Around Generative AIby Lee Vinsel. <p>Lee Vinsel (<a href="https://twitter.com/sts_news">@sts_news</a>) is an associate professor of science, technology, and society at Virginia Tech; the host of <cite>Peoples & Things</cite>, a podcast about human life with technology; and coauthor of <cite>The Innovation Delusion: How Our Obsession With the New Has Disrupted the Work That Matters Most</cite> (Random House, 2020).</p> on May 23, 2023 at 5:00 pm
Aad Goudappel/theispot.com Technology bubbles can pose difficult quandaries for business leaders: They may feel pressure to invest early in an emerging technology to gain an advantage over competitors but don’t want to fall for empty hype. As we enter a period of greater economic uncertainty and layoffs in multiple industries, executives are grappling with questions
- Continuous Learning With AI: Aflac’s Shelia Andersonby Sam Ransbotham and Shervin Khodabandeh. <p>Sam Ransbotham (<a href="https://twitter.com/ransbotham">@ransbotham</a>) is a professor in the information systems department at the Carroll School of Management at Boston College, as well as guest editor for <cite>MIT Sloan Management Review</cite>’s Artificial Intelligence and Business Strategy Big Ideas initiative. Shervin Khodabandeh is a senior partner and managing director at BCG and the coleader of BCG GAMMA (BCG’s AI practice) in North America. He can be contacted at <a href="mailto:shervin@bcg.com">shervin@bcg.com</a>.</p> <p class="mt20"><cite>Me, Myself, and AI</cite> is a collaborative podcast from <cite>MIT Sloan Management Review</cite> and Boston Consulting Group and is hosted by Sam Ransbotham and Shervin Khodabandeh. Our engineer is David Lishansky, and the coordinating producers are Allison Ryder and Sophie Rüdinger.</p> on May 23, 2023 at 11:00 am
Shelia Anderson parlayed a love of learning into studying the emerging field of engineering when she began her undergraduate education. After gaining experience leading IT teams in the technology, airline, and insurance industries, she joined Aflac in the summer of 2022. Shelia joins this episode of the Me, Myself, and AI podcast to share how
- Take a Skills-Based Approach to Culture Changeby Per Hugander. <p>Per Hugander is a strategic adviser on leadership, strategy, innovation, and organizational culture. He is an adjunct professor of practice at Hult International Business School and an agenda contributor to the World Economic Forum.</p> on May 22, 2023 at 11:00 am
Companies worldwide are launching interventions to create innovative organizational cultures that support effective responses to shifts in their business environments. But many well-intentioned programs aimed at cultural change fail to affect employees in a meaningful way, leaving organizations unfit for transformation despite having invested hundreds or even thousands of employee hours. Unlike most types of
- Bed Bath & Bankruptcy: Lessons for Senior Leadersby Jonathan Knowles, Russell Baris, B. Tom Hunsaker, and Richard Ettenson. <p>Jonathan Knowles is the founder of the advisory firm Type 2 Consulting. Russell Baris is president of eLumindata, a data science firm in Westport, Connecticut. B. Tom Hunsaker is on the strategy and leadership faculty at Arizona State University’s Thunderbird School of Global Management. Richard Ettenson is a professor and the Kieckhefer Fellow of Global Marketing and Brand Strategy at Thunderbird.</p> on May 18, 2023 at 5:00 pm
Bed Bath & Beyond (BB&B) finally filed for bankruptcy on April 23, 2023, after surviving a near-death experience earlier in the year thanks to a last-minute equity infusion from an opportunistic investor. The termination of that agreement and the subsequent failure to raise sufficient capital through new share issuance and other financing techniques meant that
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