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  • How Sustainability Fuels Design Innovation

    There’s an alarmist view of sustainable design that tilts toward the all-or-nothing. But it’s not the best path, says new-product design expert Steven Eppinger. When it comes to the practice of what Eppinger calls “design for environment,” he rejects the radical and argues for the incremental. For one thing, allor- nothing isn’t an approach businesses are especially good at; it takes too long, and fails too often. For another, the sum of continuous incrementalism is likely, he says, to carry designs further toward the no-impact outcomes everyone desires. Plus, there’s a method to it. It can be learned. The secret is to focus on materials. In this MIT SMR Sustainability Interview, Eppinger addresses the question of how environmental concerns can drive product design and innovation. Among his main points: 1) Design and product innovation for environmental sustainability should be framed as a materials problem; 2) How much material is used is less important than what material is used; 3) Don’t try to eliminate environmental impacts all at once. Try to get a little better each time you design any product.

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  • How to Manage Risk (After Risk Management Has Failed)

    The authors make the case that a shift in risk management approaches is needed.

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  • Opportunism Knocks

    There are five steps managers can take to protect their complex and vulnerable supply chains.

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  • When Should You Nickel-and-Dime Your Customers?

    What's smarter: To charge separately for extras -- or to combine all charges into one total price?

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  • Why Size Matters

    In an interview that is part of SMR’s ongoing series on the business of sustainability, MIT’s Ernest Moniz, the director of the MIT Energy Initiative, explains why blending big-company culture with entrepreneurial innovation is the challenge that leaders must learn to meet. According to Moniz, large energy companies are the ones that have the capacity in terms of resources to scale up new technologies to impact climate change in a relatively short period of time. But to do so they need to be both “big and nimble.” “The number one overarching issue, which does pose business opportunity, business risk, and a need to rethink business models, is carbon constraints,” says Moniz. “As you know, 85 percent of our energy is fossil fuel. Fossil fuel equals carbon. Controlling carbon goes to the very core of the way we currently supply energy.” There are multiple strategies for dealing with innovation in a carbon-constrained world, including mergers and acquisitions, and investments in research. But the innovation culture is not natural to energy companies; until now they have been rewarded for reliability, not innovation. Cultivating an open mind, dealing with uncertainty, and balancing competing requirements necessary for innovation ultimately comes down to the judgment of senior executives.

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  • Enhance Assets or Reduce Liabilities?

    Most executives naturally gravitate toward one of these two approaches. The challenge is that companies need both.

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  • On the Rocky Road to Strong Global Culture

    It's not easy to build a strong culture worldwide. "Cultural hubs" beyond headquarters can help.

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  • Rethinking Management

    In his book “Reinventing Management,” Julian Birkinshaw urges businesspeople to give more thought to management models.

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  • The 2010 Richard Beckhard Memorial Prize

    The editors of the MIT Sloan Management Review are pleased to announce the winners of this year's Richard Beckhard Memorial Prize, awarded to the authors of the most outstanding SMR article on planned change and organizational development published from fall 2008 to summer 2009.

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  • The IT Audit That Boosts Innovation

    Leading innovators are using information systems to make their activities more efficient.

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