The possession of rich amounts of data is hardly unique in today’s world. But the ability to monetize data effectively — and not simply hoard it — can be a source of competitive advantage in the digital economy. Join Professor Barb Wixom to discuss three ways to monetize your data: (1) improving internal business processes and decisions to get process lift, (2) wrapping information around core products and services to get product lift, and (3) selling information offerings to new and existing markets. Each method offers unique capabilities and commitments that may not work for every corporation.
As autonomous systems move out of the research laboratory into operational environments, they require ever deeper connections to their surroundings. Traditional notions of full autonomy have led to “clockwork” approaches where robots must be isolated from their human surroundings. Instead, we need precise, robust relationships with people and infrastructure. This situated autonomy appears in driverless cars' dependence on human-built infrastructure, the need for new systems of unmanned traffic management in the air, and the increasing importance of collaborative robotics in factories. How can we best design such systems to inhabit and enhance the human world? In this talk, David Mindell sketches a number of these emerging scenarios, traces new technologies to address the problems they raise, and envisions new approaches to human and robotic interaction that helps people and robots work together safely and collaboratively.
As in chess, the most perilous part of the Industrial Internet of Things (IIoT) transition is the “middle game” – where the number of options to choose from is highest, yet visibility into the consequences of any individual decision or action is at its lowest. Fortunately, there are over fifty years of theory and experience in System Dynamics to help you make consistently better decisions as you lead your organization through the “quagmire of execution.” Join John Carrier to learn the fundamental system principles for managing the hundreds of “small decisions” that will ultimately determine the outcome of your IIoT initiative. Carrier will also highlight the cultural aspects of technological adoption within the context of an existing operation.
How does the work of running a successful company change when: * Algorithms outperform human experts in more and more domains? * Computers can be creative and personable? * Asset-light platforms spread across industries? * Even extremely sophisticated products become commoditized? * Many organizations can be bested at their core competence by an online crowd? * Blockchains, smart contracts, and other technologies of extreme decentralization promise the demise of the corporation? Drawing on insights from Machine | Platform | Crowd, his most recent book with Erik Brynjolfsson, Dr. McAfee will address these and other questions. He'll provide a vision, sure to spark lively discussion, of what successful companies will look like in as we move deeper into a time of brilliant technologies.
Most organizations are good at designing static work. They can draw the org chart, determine how work moves from one machine to the next, and set internal policies. Dynamic Work Design focuses on matching the skills and capabilities of workers to their work. Professor Nelson Repenning will discuss the value of Dynamic Work Design and how it can impact the engagement and success of your employees.
How do you take a patent from a place of weakness to a place of strength? How can you make sure that the right people are making the decisions about what to patent? Should patents be based on technology or is it more effective to approach patents from the business side? Join Professor Ben Roin to discuss strategies for creating powerful patents that will better protect your intellectual property.
MIT Startup Exchange actively promotes collaboration and partnerships between MIT-connected startups and industry. Qualified startups are those founded and/or led by MIT faculty, staff, or alumni, or are based on MIT-licensed technology. Industry participants are principally members of MIT’s Industrial Liaison Program (ILP).
MIT Startup Exchange maintains a propriety database of over 1,500 MIT-connected startups with roots across MIT departments, labs and centers; it hosts a robust schedule of startup workshops and showcases, and facilitates networking and introductions between startups and corporate executives.
STEX25 is a startup accelerator within MIT Startup Exchange, featuring 25 “industry ready” startups that have proven to be exceptional with early use cases, clients, demos, or partnerships, and are poised for significant growth. STEX25 startups receive promotion, travel, and advisory support, and are prioritized for meetings with ILP’s 230 member companies.
MIT Startup Exchange and ILP are integrated programs of MIT Corporate Relations.
Jose Chan, VP of Business Development, Celect Aaron Howell, Chief Customer Officer, Relativity6 Abhi Yadav, CEO & Founder, ZyloTech Jon Garrity, Founder & CEO, Tagup Rony Kubat, Co-Founder, Tulip Glynnis Kearney, VP of Product & Strategy, Gamalon Joshua Feast, Co-Founder & CEO, Cogito Vinayak Ranade, CEO, Drafted Kalpesh Sheth, Co-Founder & CEO, Yaxa Molly Bales, Chief Development Officer, Adappt Intelligence Aidan Cardella, SVP of Operations, TVision Matt Osman, CEO and Co-Founder, Legit Patents Anjali Midha, CEO and Co-Founder, Diesel Labs
Just paying employees well isn’t enough. For a business to succeed it must have operational procedures that allow for high productivity and empower employees to contribute to a company’s success. Professor Zeynep Ton will discuss the importance of a human-centered operations strategy and how operational innovation can increase the productivity and contributions of workers and create positive outcomes where customers become fans and your organization is set up for success.
For years’ gender inequality has been prevalent in the work force. Numerous studies have examined these patterns of gender inequality in organizational advancement but findings have been less clear on the mechanisms that produce these descriptive patterns. How can we further research in this area? How can a manager prevent gender inequality? What must an organization do to ameliorate the glass ceiling? Professor Roberto Fernandez will critically review the research on gender patterns of allocation in organizational hierarchies, and present key findings drawn from his research conducted on this topic over the past 15 years.