The world's most innovative companies are using technology to move faster and more decisively than their competitors. They are mining data on their operations and their customers, letting their employees do inexpensive experiments, and using business software to get sprawling organizations working together. We’ll explore the industries that are most in need of fast innovation and examine new ways of doing business, with case studies and interviews from around the world.
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Where Innovation Is Sorely Needed
The pervasiveness of data threatens to upend some business models and enhance others.
Paul B. Carroll and Chunka Mui
Four Principles for Crafting Your Innovation Strategy
Two management consultants explain what successful companies have done to prepare for a world of constant Internet connectivity.
Paul B. Carroll and Chunka Mui
Sharing Secrets to Innovate More Profitably
Offering your best ideas to others may sound like bad business. But it's better than keeping them under wraps, explains Henry Chesbrough, the father of open innovation.
Open Innovation at GE
General Electric and startup companies alike say they benefited from the company's call for ideas about the smart grid.
Michael Mascioni
HP's Open Innovation Strategy: Leveraging Academic Labs
HP Labs seek technology from around the world for next-generation smart printers, optical chips, wireless nano sensors, and more.
Neil Savage
Getting More Value from Cell-Phone Data
Technologies for analyzing mundane smart-phone data trails could prove a boon to business, researchers say.
Lauren Cox
Extracting Business Ideas from IT Logs
Software finds hidden business insights in Web and phone logs, e-mail, and network traffic.
Health-Care Industry Mines Networking Data
Researchers are tapping computational social-analysis tools to sell drugs and promote health.
Lauren Cox
Using IT to Drive Innovation
MIT professor Erik Brynjolfsson discusses how companies can increase their productivity by making better use of their data.
Finding Business Insights in Text
Software that scans documents and online posts can uncover correlations or reveal what customers really think.
Q&A: The Experimenter
Gary Loveman, an economist who became CEO of Caesars Entertainment, demands that his employees operate the business by analyzing data rather than leaning on hunches.
Michael Schrage
Trusting Data, Not Intuition
Businesses will learn harsh but valuable truths if they subject new ideas to controlled experiments, says Microsoft's Ronny Kohavi.
Erica Naone
Harvesting Business Ideas from Inside and Out
Medtronic taps social networking and crowdsourcing to find innovation in unexpected places.
Emily Singer
Spotting Influencers in Big Companies
Northwestern startup mines data and uses surveys to help companies identify their key people.
Lauren Cox
Tapping the Innovative Masses
The creative power of technology users awaits mining by companies, says Eric von Hippel.
IT and Productivity
Information technology can continue to boost productivity, as long as businesses use it to innovate.
Lauren Cox
Source: Technologyreview
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