Toutiao, the media giant and new aggregator platform, has created a strong competitive advantage by leveraging machine learning to provide customized content to its readers, but that doesn’t mean the company doesn’t still rely on top talent to get the job done.
It can be tempting to jump on every next, big transformational idea that comes along, but taking the time to understand your industry, competition, customers, and your company’s organizational structure can provide some much needed context for smart strategic change. This article from the Harvard Professional Development Programs offers advice for how managers and workers can understand disruption in context, build autonomy and trust as a team, and rethink career strategies in the digital economy.
What are the meaningful implications of technological innovation? This is the question Janet Balis (MBA ’99) found herself asking at this year’s Consumer Electronics Show (CES). Breaking down her key insights from the conference, Balis offers several salient and thought-provoking questions for those seeking to derive more impact from innovation than simply shiny, exciting new gadgets.
While still the gold standard in clinical research, randomized controlled trials can be costly, time-consuming, and limited in their scope. This case from Professor Ariel Stern explores the potential of an innovative new approach to clinical trials and cancer therapies – adaptive platform trials. Could this design offer a more flexible and efficient way forward for clinical trials as a whole?
Healthcare companies are lagging behind. Oftentimes, clinical trial research still uses old-school processes like physical protocol binders, paper diaries, and decade old-software. Furthermore, only 5% of the U.S. population participates in clinical research. Andrea Coravos (MBA ’17) believes the time is ripe for innovative technologies – from virtual trials and digital biomarkers to improved software tools – to improve clinical trial execution and encourage broader participation from the public.
Despite its centrality to the functioning of society, the technology that governs contracts, transactions, and record keeping has not kept up with the digital transformation of the economy. Blockchain, however, has the potential to change all that – that is, if it can overcome multiple barriers to adoption. In this article for HBR, DI professors Marco Iansiti and Karim Lakhani share what it would really take for blockchain to become the revolutionary technology everyone hopes it will be.
In the shifting digital landscape, it can be all too easy to cry wolf. The decline of big box stores in particular has left retailers anxiously worrying about the future of the industry. But the retail apocalypse isn’t all that it may seem, and as with all things in the digital economy, the story isn’t so much about death as it is about disruption. And as it turns out, the future of (at least some) retail is looking just fine.
