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Thriving in an Increasingly Digital Ecosystem

Peter Weill & Stephanie L. Woerner
in the Summer 2015 issue
of MIT Sloan Management Review

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Research Topics

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MIT CISR Research Poll: Internet of Things Strategy and Investment
The Internet of Things has the potential to connect assets, people, products, processes, and/or sources of data to each other via sensors, smart devices, and network infrastructure, realizing the long-forecasted connected house, car, factory, and ecosystem. All of this connectedness has the potential to radically change business models and the competitive landscape. Does your enterprise have an Internet of Things strategy, and more importantly, is there sufficient investment to get results from that strategy? Results from this poll will be part of MIT CISR’s 2015 Internet of Things research project findings.

Learn more about MIT CISR’s current research projects.

MIT CISR Spotlight

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Putting the X-Factor into Digital Transformation

MIT CISR delivers an Action Learning course called “Enterprise Transformations in the Digital Economy,” or T-Lab. As a recent guest speaker, Anant Agarwal, CEO of edX, shared his experiences with disrupting the tertiary education model. edX, co-founded by MIT and Harvard, based its business model on three goals:

1. To impact on-campus learning 2. To research the factors that accelerate learning 3. Most importantly, to create access to education for students who wouldn’t otherwise have access

edX is an example of the type of organization that poses a digital threat to established industries such as education. Agarwal engaged the students in a discussion of what makes edX successful. Students agreed that an edX course is:

• Customizable • Adaptive • Time insensitive • Rewindable • Location insensitive

Data analytics such as A/B testing help to constantly improve instructional experiences, while the instant feedback students receive on their assignments contributes to better learning. The only things holding edX back are the lack of certification and the inability to transfer credits. Once certification and credit transfer are introduced, there will be no holding back edX! For a discussion of the impacts of business disruption from digitization, see the MIT CISR May 2014 research briefing, “Digitization: Threat or Opportunity?

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As MIT CISR Research Patrons & Sponsors, more than 80 organizations currently experience the value of our innovation and research. Click the “view all” button above for a complete list. We are grateful to our newest member organizations:

Patrons

• L&T Infotech Limited

Sponsors

• Barclays • El Corte Inglés

In the Media

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Financial Review (www.afr.com)

IAG turns to Peter Harmer to lead the insurer business through the digital maze
July 7, 2015

Tech Target (searchcio.techtarget.com)

Demand shaping vs. demand management: Making IT count in the digital era
By Linda Tucci
July 5, 2015

I Crunch Data News (icrunchdatanews.com)

Enterprise Architects Need to Instill Data-Ready Thinking
By Myles Suer
June 29, 2015

SmallBusiness.co.uk (smallbusiness.co.uk)

A recruitment condundrum for small businesses
By David Dumeresque
June 26, 2015

Tech Target (searchcio.techtarget.com)

C-level relationships, engagement key to CIO success
By Sue Troy
June 16, 2015

Tech Target (searchcio.techtarget.com)

Digital disruption boosts board acclaim for the CIO role
By Nicole Laskowski
June 16, 2015