On March 20 and 21, the Sloan Management Review is offering open access to those interested in my work for your reading and downloading pleasure.
This is a great time to re-acquaint yourself with material that I’ve published or introduce new colleagues to some of that work.
In this piece, “Is Your Company Ready to Operate as a Market,” I discuss how the conventional wisdom of organizing changes when more and more transactions can be conducted through market-like mechanisms, rather than having to be coordinated within an organization. Those of you pondering the consequences of the “uberization” of everything will find some provocative ideas here. https://sloanreview.mit.edu/article/is-your-company-ready-to-operate-as-a-market/
A theme I have pursued for a long time is how the learning challenge for innovative companies is testing their own assumptions, cheaply and quickly, before spending a lot of time and money chasing ideas that have not been validated in the market. This article, “The Danger of Untested Assumptions” lays out some additional ideas along these lines: https://sloanreview.mit.edu/article/the-dangers-of-unchecked-assumptions/
Sloan Management Review thinkers are profiled in this piece on the Thinkers50 annual ranking: https://sloanreview.mit.edu/article/mit-sloan-management-review-authors-prominent-in-thinkers50-2013-rankings/
What if every business today has to learn the lessons of behaving like a startup? We tackle this intriguing question in this piece, “How to rethink your business during uncertainty” https://sloanreview.mit.edu/article/how-to-rethink-your-business-during-uncertainty/
Nobody likes to fail. But our research shows that failing well and capturing whatever value was created during a failed venture can contribute mightily to long-term success. https://sloanreview.mit.edu/article/extracting-value-from-corporate-venturing/
Do have a look!
Comments and suggestions are most welcome!