Articles

When Paul Barth and Randy Bean launched NewVantage Partners in 2000, most organizations were not paying a lot of attention to data and analytics. That's changed. As internal customers realize its value of data, the demand for access to the flood of accumulated data has risen almost as quickly as the issues of security and governance surrounding it. Though many organizations' analytics projects are CIO-driven, the partners have seen more success when organizations "start in the middle" with a "real tangible business problem." Solving something quickly, that gives quantifiable results, can help build a data management practice that ultimately influences the entire enterprise. Then organizations can begin to gain the kind of competitive advantage that analytics promises. Barth and Bean spoke with David Kiron, executive editor at MIT Sloan Management Review, about the importance of governance policies and structures, the role of culture in the success of initiatives, and the promise of value that many organizations are realizing from their analytics' innovations.

The key to open innovation? Ensuring outside ideas reach the people best equipped to exploit them.

This is the third year that MIT Sloan Management Review has teamed up with the Boston Consulting Group on their Sustainability and Innovation Global Executive survey, to which more than 4,700 executives, managers and thought leaders from around the world responded. Results from this year's survey--conducted during June and July of 2011--indicate a growing interest in sustainability on the part of businesses. More respondents this year than last believe that sustainability- related strategies are necessary to be competitive. Respondents said their organizations are committing more money and attention to sustainability--and anticipate a continuing commitment in the coming year. The authors suggest that these findings indicate that sustainability is becoming an element on the agenda of top management. However, in the short run, sustainability is often eclipsed by other pressing business issues: Most survey respondents do not consider sustainability-related topics to be one of the top three business challenges their company faces in the next two years. The charts in this preview article represent the answers to just seven of the survey's 27 questions. The full report will be published this winter.

The Fall 2011 issue of MIT Sloan Management Review delves into innovation, including the intriguing role of individual innovators.

Without successful implementation, the benefits of open innovation strategies will not materialize.

To decide whether to pursue a global strategy, you need to examine industry dynamics.

The editors of MIT Sloan Management Review are pleased to announce the winner of this year's Richard Beckhard Memorial Prize, awarded to the author of the most outstanding SMR article on planned change and organizational development published from fall 2009 to summer 2010.

Consumers generate massive amounts of product innovation — which has significant implications for new product development.

Even good ideas can fail if the pilot lacks credibility, replicability and feasibility.

There's a problem with most major environmental rankings of businesses: Too often, the ratings fail to incorporate advocacy activities that influence environmental regulation.