To leverage the disruptive power of new technologies, leaders must keep an eye on their maturity and be ready to implement them before slower-moving competitors. But the key for would-be early adopters is to disregard hype and bring a critical mindset to planning which emerging tools to incorporate into their organizations' tech road maps.
That's not easy when investors and the media jump on the bandwagon of the supposed next big thing, and cries of "Don't get left behind!" drown out clear-eyed discussion of value-generating use cases. There's plenty of such noise around Web3, but we focus on one element that deserves business leaders' attention now: decentralized digital credentials.
Mary Lacity, Erran Carmel, Amber Grace Young, and Tamara Roth explain how these blockchain-based systems work and take an in-depth look at several pilot projects that demonstrate their potential value but point to looming interoperability challenges and the need for standards.
For organizations on the forefront of implementing Al-based decision support models, we offer insight into how to dissect developers' performance claims and determine the quality of Al tools' recommendations. Sarah Lebovitz, Hila Lifshitz-Assaf, and Natalia Levina observed how teams in health care evaluated new Al tools by digging deep into the ground truth on which their Al models were built and determining whether decision quality met current professional standards. Their guidance can help managers who are considering similar tools to ask the right questions of vendors and developers.
Esta historia es de la edición Spring 2023 de MIT Sloan Management Review.
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Esta historia es de la edición Spring 2023 de MIT Sloan Management Review.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Avoiding Harm in Technology Innovation
To capitalize on emerging technologies while mitigating unanticipated consequences, innovation managers need to establish a systematic review process.
Make a Stronger Business Case for Sustainability
When greener products and processes add costs, managers can shift other levers to maintain profitability.
How to Turn Professional Services Into Products
Product-based business models can help services firms achieve greater scale and profitability. But the transformation can be challenging.
Do You Really Need a Chief AI Officer?
The right answer depends on the strategic importance and maturity of AI in your company.
Where To Next? Opportunity on the Edge
Doing business in regions considered less stable or developed can pay off for companies. But they must invest in working with local communities.
Make Smarter Investments in Resilient Supply Chains
Many companies invest in resilience only after a disruption. Applying the concept of real options can help decision makers fortify supply chain capabilities no matter the crisis.
The Three Traps That Stymie Reinvention
Organizational identity, architecture, and collaboration can be either assets or liabilities to pursuing growth in new sectors.
What Makes Companies Do the Right Thing?
Vaccine makers varied widely in their engagement with global public health efforts to broaden access to COVID-19 immunizations. Ethically motivated leadership was a dominant factor.
Build the Right C-Suite Team for Your Strategy
CEOs can foster a more effective leadership team by understanding when to tap senior executives' competitive instincts and when to encourage collaboration.
A Better Way to Unlock Innovation and Drive Change
A strengths-based approach to building teams can win employee commitment to change and foster an inclusive, agile culture.
