The Mack Institute is pleased to announce the launch of Collective Impact Virtual Salon, an initiative of Wharton Management Professors Lori Rosenkopf and Dan Levinthal. Collective Impact is a knowledge-sharing and blogging initiative inspired by a series of faculty discussion groups convened by Rosenkopf and Levinthal during the pandemic. Collective Impact brings together top management scholars for…Read More
GPT, the artificial intelligence chatbot from OpenAI, went viral soon after its launch, drawing attention to and raising questions about the future of generative AI. But is it smart enough to pass a final exam in a typical Wharton MBA course? Mack Institute Co-Director Christian Terwiesch published his findings in…Read More
Dear Members of the Mack Community, The Winter Holiday Season is an opportunity to reflect on the year that is ending and to make plans for the one that is coming. For me, it means summarizing my initial experiences in the role of Executive Director of the Mack Institute and…Read More
Congratulations to the four student teams chosen as finalists for this year’s Y-Prize competition: AtrioFlow, Bubble, Equimeter, and VoluVision! The Y-Prize competition challenges students to build their entrepreneurial skills by creating business plans for technologies invented at Penn Engineering. The team with the best commercial application wins $10,000 to help…Read More
Each semester, the Mack Institute’s Collaborative Innovation Program (CIP) brings Wharton and Penn students into some of the world’s top companies to solve organizational challenges. This Fall semester, 27 students from Wharton’s Full-Time and Executive MBA Programs, plus Penn Engineering, are participating in this project-based course alongside seven different firms…Read More
The “Metaverse revolution” envisioned by tech scions like Mark Zuckerberg may not be here yet, but major players across industries are getting ready for it. Citi Analysts called the Metaverse market a “trillion dollar opportunity” and heavy-hitting firms from Ford to Gucci have made headlines with their recent forays into immersive…Read More
This past spring semester, Vishoka Balasubramanian WG’23, Shounak Mishra WG’22, Andres Ramirez WG’23, and Jordan Woodard WG’22 participated in the Mack Institute’s Collaborative Innovation Program (MGMT 892), a project-based course that brings Wharton students into real companies to help them solve problems and drive innovation strategies. The students in the…Read More
Why do some firms survive or even thrive during challenging times, while others fail? Paul Schoemaker, a pioneer in the field of decision science and former Mack research director, explains two of the key concepts that firms must master to anticipate problems, challenges, and competitors. Paul Schoemaker on Vigilance Paul…Read More 
Each semester, the Mack Institute’s Collaborative Innovation Program (CIP) brings Wharton and Penn students into some of the world’s top companies to solve organizational challenges. This past semester (Spring 2022), students consulted on a diverse lineup of live business challenges in industries ranging from hospitality to crypto. The projects offer…Read More
Each semester, the Mack Institute’s Collaborative Innovation Program (CIP) brings Wharton and Penn students into some of the world’s top companies to solve organizational challenges. This past semester (Spring 2022), students consulted on a diverse lineup of live business challenges in industries ranging from hospitality to crypto. The projects offer…Read More
Each semester, the Mack Institute’s Collaborative Innovation Program (CIP) brings Wharton and Penn students into some of the world’s top companies to solve organizational challenges. This past semester (Spring 2022), students consulted on a diverse lineup of live business challenges in industries ranging from hospitality to crypto. The projects offer…Read More
John Paul MacDuffie, Director of the Program on Vehicle and Mobility Innovation at the Mack Institute, was featured in the Wall Street Journal alongside other experts discussing innovations in green technology. MacDuffie weighed in on the development of more efficient EV batteries, which could speed along the adoption of electric…Read More
The world of healthcare is moving towards more value-based approaches due to medical expenditure growing out of control. As a result, traditional insurers need to, and have started to, build more connected strategies…Read More
Congratulations to Ossum Technologies, winners of this year’s $10,000 Y-Prize competition! The team of undergrads proposed a commercial application for Penn’s steerable needle technology that would improve the safety of cerclage wire use in orthopedic fracture fixation.…Read More
Data strategy for the future of mobility may be one of the greatest opportunities for firms to capture value from their innovation investments in connected vehicles. At the same time, adoption of data-first strategy presents potential pitfalls for data usage.…Read More
This past fall semester, Sarah Chung WG’22 participated in the Mack Institute’s Collaborative Innovation Program (Management 892), a project-based course that brings Wharton students into real companies to help them solve problems and drive innovation strategies. While Sarah has mostly worked in finance and retail (including stints at Capital Group…Read More
Listen to John Paul MacDuffie, Director of our Program on Vehicle and Mobility Innovation in conversation with Maniv Mobility principal Meir Dardashti on vehicle electrification and how traditional OEMs can catch up to Tesla.…Read More
Exploring the latest in digital health through case studies on innovation and connectivity in chronic disease management.…Read More
Knowledge@Wharton has reproduced a segment from Mack Co-Director Harbir Singh and Wharton’s Michael Useem’s book, The Strategic Leader’s Roadmap, on how adopting a “layered” leadership model helped Apple create its most iconic and successful products.…Read More
Christian Terwiesch and Nicolaj Siggelkow have published a new article in Harvard Business Review discussing the biggest myths and pitfalls facing innovative firms today.…Read More
