The Business of Global Environmental Governance takes a political economy approach to understanding the role of business in global environmental politics. The book's contributors—from a range of disciplines including international political economy, management, and political science—view the evolution of international environmental governance as a dynamic interplay of economic structures, business strategies, and political processes.
Since the late 1990s, technology markets have declined dramatically. Responding to the changing business climate, companies use strategies of open innovation: acquiring technologies from outside, marketing their technologies to other companies, and outsourcing manufacturing. But open innovation is not enough; it is mainly a way to run a business to its endgame. By itself, open innovation results in razor-thin profits from products that compete as commodities. Businesses also need a path to renewal. No one ever achieved a breakthrough with open innovation.
This book offers a comprehensive introduction to workflow management, the management of business processes with information technology. By defining, analyzing, and redesigning an organization?s resources and operations, workflow management systems ensure that the right information reaches the right person or computer application at the right time. The book provides a basic overview of workflow terminology and organization, as well as detailed coverage of workflow modeling with Petri nets.
Technological changes have displaced the hierarchical corporation as the model for business organization; the large corporations of the new century are decentralizing and externalizing, creating networks of "industry ecosystems" that will replace the top-down organizations of the last century. Inventing the Organizations of the 21st Century reports on a five-year multidisciplinary research initiative conducted by MIT’s Sloan School of Management and sponsored by leading international corporations.
The vision of the MIT Process Handbook Project is the creation of a systematic and powerful method of organizing and sharing business knowledge. Organizing Business Knowledge: The MIT Process Handbook presents the key findings of a multidisciplinary research group at MIT’s Sloan School of Management that has worked for over a decade to lay the foundation for just such a comprehensive system. It does so by focusing on the process itself.
How do technology innovators, business executives, and venture capitalists manage the technical elements of business risk when developing and launching new products? Overcoming technical risks requires crossing the so-called valley of death—the gap between demonstrating the soundness of a technical concept in a controlled setting and readying the product technology for the market.
The MIT Sloan School of Management, as conceived by the legendary General Motors chairman Alfred P. Sloan, was founded in 1952 to draw on the scientific and technical resources of MIT and approach the problems of management with the rigorous research practices for which MIT was famous. Fifty years later, the Sloan School gathered international leaders in business and management, MIT faculty, students, and alumni to address again the basic principles that should guide business and management.
In a modern industrial society, the managerial function may be viewed primarily as one of adapting the enterprise to changing conditions; whether a company does or does not grow depends on its managerial ability to adjust rapidly to change. Success in carrying out this function differs sharply between highly industrialized countries and can be explained partly on the basis of national differences in managerial backgrounds and selection and reward procetures and partly on the basis of national value systems.
A collection of lectures from a special summer program at MIT's Operations Research Center treats topics in operations research for industry, military services, and governmental departments, beginning with the principles and application of probability theory.