George Day, The Wharton School, and Paul Schoemaker, Senior Fellow, Mack Institute MIT Press, 2019 When turbulence is the new normal, an organization’s survival depends on vigilant leadership that can anticipate threats, spot opportunities, and act quickly when the time is right. In See Sooner, Act Faster, strategy experts George…Read More
Businesses must develop a sustainable competitive edge in order to succeed in the long run. One way to achieve this is by leveraging technology-enabled insights with a sophisticated understanding of decision making, judgment, and reasoning to make smarter decisions in the face of uncertainty.…Read More
Though uncertainty is a fixture in our fast-changing world, organizations can strengthen their forecasting capability and manage for an unpredictable future.…Read More
Imagine that you could dramatically improve your firm’s forecasting ability, but to do so you’d have to expose just how unreliable its predictions — and the people making them — really are. That’s exactly what the U.S. intelligence community did, with dramatic results.…Read More
Our most recent conference examined the intangible factors that can make or break a company’s innovation outcomes.…Read More
This conference will examine complex interactions among leadership, talent, and culture in order to improve an organization’s innovation capacity. Even though the classic debate continues over whether strategy leads structure or vice-versa, what matters is how well strategic leaders combine talent and culture to find imaginative solutions to unmet market needs.
Read an excerpt of the new book, “Winning The Long Game: How Strategic Leaders Shape The Future,” co-authored by Research Director Paul Schoemaker. …Read More
If you’re not thinking about your business as part of an ecosystem, you should. Mack Institute Co-director George Day and Research Director Paul Schoemaker identify four substantial benefits of adopting an outside-in mentality.…Read More
Paul Schoemaker’s latest article for Inc. Magazine, How to Know If a New Strategy Will Work, offers practical advice to help managers check the viability of new project plans.
Paul Schoemaker explains how to integrate the new wave of digital technologies into your workplace in his latest Inc. Magazine piece, “A Better Way to Work Technology into Your Business.” Co-written with Scott Snyder, author of The New World of Wireless, the article advises on best practices in three critical…Read More
Developing last week’s Inc. Magazine column on the risks of metaphor, Shoemaker’s latest article is titled, “Is Poker a Good Metaphor for Business?” In this piece, he turns a critical eye to the high-stakes game’s usage as a popular analogy for product development. Drawing upon his discussions of metaphor with…Read More
In his latest article, titled “How Metaphors & Analogies Influence Your Thinking,” Schoemaker details the ways in which figures of speech can distort or hide information that may be useful to understanding complex subjects like the economy, competition, or teamwork. In addition, he provides several steps one can take to…Read More
Mack Center Sr. Fellow Paul Schoemaker has written an article for Inc Magazine, reproduced below, in which he describes six ways to become a credible leader. His advice includes strong vision, involvement, being part of the solution, and high integrity. He also makes the case that credibility is an important…Read More
Inventors from Archimedes to Thomas Edison and Jonas Salk have made mistakes that caused their discoveries to develop in surprisingly helpful directions. Now the University of Pennsylvania’s Wharton School is trying to capture mistakes like this, with the idea that making mistakes on purpose is something that all of us…Read More
There will never be a shortage of dumb mistakes. Fortune magazine once compiled a list of the “101 Dumbest Moments in Business” that included Merrill Lynch’s investment in subprime mortgages just before the market meltdown in 2008, Mattel’s recall of 20 million toys treated with lead paint in China and…Read More
Our conference helped senior managers assess their progress in co-creating innovation with customers, and then explored next practices in this domain by expanding co-creation to all stakeholders, including non-market players.
Talking about “green technology” gets people excited. It’s thrilling to think that a new wave of inventions and discoveries will revolutionize the way we live, halt the degradation of our planet and conserve resources for future generations. And it’s more than just talk: Investors are committing real dollars.…Read More
The 2011 Spring Conference examined the future of innovation as a management discipline that is in flux and in need of innovation. Attendees joined to hear reflections on past progress, the current state of affairs around the world and fearless forecasts of future possibilities.
The main objective of our 2010 Fall Conference was to share the latest thinking and next practices from leading companies in how to create and manage innovation portfolios.
In our 2010 Spring Conference, the Mack Center for Technological Innovation brought together a distinguished group of academics and practitioners to share their thinking, experience and latest research, and identify next practices in the management of innovation.
