The Mack Institute is thrilled to announce the winners in our third annual Y-Prize Competition.…Read More
Announcing the 2014-2015 Y-Prize Winners
Mack Institute News
Turning Business Theory into Business Practice
It’s mid-September 2014, and my four teammates and I are clustered around a computer. We’re part of the Mack Institute’s inaugural Collaborative Innovation Program, and we’ve come together to find out what challenge we’re going to spend the rest of the semester tackling. …Read More
In Search of Solutions for Clinical Needs
The Mack Institute’s Innovation Clinic workshops aim to empower a community of innovators at the intersection of medicine, engineering, and business.…Read More
Seven Things I Learned at the Mack Institute Fall Conference
At the Mack Institute Fall Conference, speakers shared valuable insight about how their respective businesses are trying to maintaining customer satisfaction while responding to the disruption created by software and technology.…Read More
Beyond Forecasting: Creating New Strategic Narratives
A new study reveals the surprisingly pivotal role that narratives play when organizations forge a new strategic direction.…Read More
Introducing the 2014-2015 Y-Prize Finalists
The Y-Prize is a competition in which student teams propose innovative commercial applications for technology invented by University of Pennsylvania researchers.We are thrilled to introduce the finalists in the 2014-2015 Competition.…Read More
Are You Leaving Billions on the Table?
Increasing competition, global markets and customers who are in control define today’s business environment. Many organizations are missing opportunities to gain a deeper perspective of their customers and business, be the first to act on trends and most importantly, seize new revenues and cut costs.…Read More
Thinking Outside of the Classroom
The Mack Institute’s Collaborative Innovation Program (CIP) pairs corporate partners with Penn students to tackle real-world business challenges.…Read More
Innovation Clinic Day 1: Innovation Tournaments
One key piece of the Mack Institute’s mission is to enable innovation across the Penn community. To that end, on November 7th the institute hosted the first of its Innovation Clinics, a workshop series aimed at the intersection of medicine, engineering, and business.…Read More
Breaking Tradition: Disruptive Forces in the Legal World
Fifteen years into her legal career, Kelly Brown could see that the legal landscape was experiencing changes that were accelerating the need to innovate and transforming law firms into more complex businesses. She wanted to place herself at the forefront of innovation in her field.…Read More
Y-Prize Competitors Throw Their Hats in the Ring
While much of the country was staying up late on the first Tuesday in November to watch election results roll in, for Mack Institute staffers the night after was the real nail-biter. This was the deadline for entries in the Y-Prize, and our anticipation was well rewarded.…Read More
How the App Store Recasts the Consumer as the Innovator
Mack Institute Senior Fellow Scott Snyder discusses how mobile technology is disrupting marketplaces and organizations in unprecedented ways. What’s behind this seismic shift, and what should companies do about it?…Read More
Crowdsourcing the Results You Want
In crowdsourcing contests, choices about contest structure affect both number and quality of entries. Funded Researcher Pinar Yildrim shares knowledge about how firms can get their ideal results by manipulating contest structure.…Read More
Mack Faculty Weigh in on the Hewlett-Packard Split
Following a decade of unprofitable acquisition decisions, Hewlett-Packard is trying a new tack—splitting the company in two. In an interview with BloombergBusinessWeek, Saikat Chaudhuri discussed the merits and malfunctions of HP’s deals in years past. …Read More
Collaborative Energy at the Y-Prize Kick-Off
The Y-Prize Competition asks students to take a fresh approach to the challenge of inventing new applications for Penn research. At last week’s Kick-Off, students from diverse corners of the Penn community gathered in the Singh Center for Nanotechnology.…Read More
Exploring Uber’s Potential
Over the summer of 2014, the Mack Institute worked with student Karan Juvekar on a guided project examining the market potential of Uber. In this guest post, Karan explores the reasons behind Uber’s success and the risks and opportunities in its future.…Read More
Y-Prize Competition Kick-Off
The Mack Institute is proud to announce the opening of the third annual Y-Prize competition.…Read More
How the Right Questions Shape Your Organization
Terry Fadem, a Mack Institute Senior Fellow, researches the aggregate effect of questions, and the errors, problems, and benefits that they produce. Through hundreds of surveys and interviews, he’s gathered data on how managers ask questions and deal with the answers.…Read More
Combating Rural Poverty by Spreading Technology
Gita Surie explains how half of India’s population has little or no access to reliable energy, which means that 600 million people in rural India have a significant problem.…Read More
Five Lessons for Building Innovation Prowess
According to George Day, top businesses have a lot in common with top athletes. His research examines the qualities that separate “growth leaders” from “growth laggards” — in other words, the qualities that separate average or failing companies from those that achieve Olympic-level success.…Read More