Wharton Professor of Practice David Robertson, who spoke on the same topic at the Mack Institute’s June 2012 conference, was published in the October 2013 issue of Wired Magazine. In the article, Robertson describes how Lego learned from its flawed attempts at approaching innovation, stressing that companies should not lose…Read More
The Mack Institute is pleased to announce it is expanding its research network through the addition of the Program on Vehicle and Mobility Innovation (PVMI). PVMI is the largest and oldest international research consortium aimed at understanding the challenges facing the global automotive industry. PVMI’s network includes more than 50…Read More
Penn Engineering undergrad Dick Zhang is one of three members of IDENTIFIED, the 2012 winning team of the Y-Prize competition. In this guest blog post, he shares insight about his Y-Prize competition experience. Some innovations seem to materialize out of nowhere. But in the pursuit of innovation, sometimes all you have to…Read More
Mack Institute Executive Director Saikat Chaudhuri was cited in a recent LiveMint and the Wall Street Journal article that described a recent deal made in the Indian aviation market. Chaudhuri provided additional insight regarding Tata Sons’ simultaneous investments in two varying business models while expressing his viewpoint that Air India would benefit…Read More
Core team member and Wharton professor Karl Ulrich published a recent article in the Wall Street Journal. The article tackles the issue of organizational difficulties in companies. In this case, Ulrich says that this is because companies are not pursuing innovation the right way. He stresses the importance of incremental…Read More
Mack Institute co-director and Wharton professor Harbir Singh was featured in an article in Outsource Magazine. Singh was honored as one of the Academics of Outsourcing for the month of September, along with Jeffrey H. Dyer, a professor at Brigham Young University. The article cited Singh and Dyer’s paper, “The Relational…Read More
In Inc Magazine this week, Mack Institute Research Director Paul Schoemaker comments on making the most of the “band of wise advisers” that comprise your organization’s board of directors. Here’s a snippet: Presidents have their cabinets and staffs. Queens have their courtiers and ministers. As an entrepreneur, you have, well,…Read More
The Mack Institute is proud to announce that Bloomberg Businessweek published an article with core team members and Wharton professors Karl Ulrich and Christian Terwiesch. The article, which discussed innovation in MBA orientation programs, cited the professors’ book, Innovation Tournaments: Creating and Selecting Exceptional Opportunities as a new program for first-year MBA…Read More
The Mack Institute is proud to announce that Executive Director Saikat Chaudhuri was recently in a LiveMint and the Wall Street Journal article that explored the privatization of airports in India. In the article, Chaudhuri provided his insight on the issue, explaining the industry’s need for appropriate business models and correct partners…Read More
The world of advertising just got a whole lot smaller. On July 27, Omnicom and Publicis announced that they will merge to create the world’s largest advertising firm, with a stock market value of $35 billion and 130,000 employees. The news came as a shock to the advertising world, which…Read More
It’s strange to think that I’m part of the mobile generation. We’re glued to the phones that we tote around in our daily life, hyperconnected to everything and everyone in the world. Years ago, companies would have scoffed at the idea of mobile. But now, firms are doing anything but.…Read More
John Paul MacDuffie, Director of the Program on Vehicle and Mobility Innovation (PVMI) at the Mack Institute, recently co-authored a Harvard Business Review article titled “How to Drive Value Your Way” with London Business School faculty member Michael G. Jacobides. In this blog post, the authors share a preview of…Read More
There’s a hard line to toe between fashion and function. Google knows all about it. The company released Google Glass—essentially, computerized eyewear— in February of this year. Ultimately, Google’s goal is to create a ubiquitous computer available for mass production and consumption. Instead of lenses, the Glass uses a head-up…Read More
This year’s Emerging Scholars Workshop brought together 21 early-career researchers for a week of intensive study and debate on evolutionary theories and their applications to strategic management. We spoke with 2013 participant Kevin Miceli about his experience of the program. Why did you apply for ESW and what did you…Read More
The Mack Institute for Innovation Management is pleased to announce that Saikat Chaudhuri has been named Executive Director of the Institute. Dr. Chaudhuri, who is an Adjunct Associate Professor of Management at the Wharton School, will be the first Executive Director of the Institute. As the Executive Director, Dr. Chaudhuri…Read More
This is a guest post by Professor Dan Levinthal, organizer of Emerging Scholars Workshop 2013. The Mack Institute, with support from the Kauffman Foundation, has just held the second Emerging Scholars Workshop. This is an exciting new program that brings together 20 outstanding doctoral students from leading programs (INSEAD, Harvard,…Read More
The Mack Institute and the Wharton School are pleased to announce a major gift from William L. and Phyllis Mack to permanently endow the Mack Institute for Innovation Management. William L. Mack, W’61, is Chair of the Wharton Board of Overseers, and Chairman of the Board of Directors of Mack-Cali…Read More
Spring semester may be over, but for a small group of Penn students, the lab is now their second home. This year, the Mack Institute is once again sponsoring Penn’s International Genetically Engineered Machine (iGEM) student team. iGEM is a large undergraduate synthetic biology competition in which students use standard…Read More
Mack Institute Research Director Paul Schoemaker was recently interviewed by the Gordon Institute of Business Science. In the interview, he speaks broadly about strategic leadership in business. He explains how learning experiences from failure are essential, and elaborates on building strengths in leadership and his book, Brilliant Mistakes: Finding Success…Read More
On Monday July 15, Wharton’s Global Initiatives Program will welcome Singapore Management University Executive MBA students for a week of intensive classes and company visits. The students will engage in sessions about corporate strategy and supply chain management. Mack Institute Co-director Harbir Singh is Wharton’s Vice Dean for Global Intiatives…Read More
