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Extended Intelligence Networks Minding And Mining The Periphery
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Book Synopsis The Network Challenge by : Paul R. Kleindorfer
Download or read book The Network Challenge written by Paul R. Kleindorfer and published by Pearson Prentice Hall. This book was released on 2009 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: While managers typically view business through the lens of a single firm, this book challenges readers to take a broader view of their enterprises and opportunities. Here, more than 50 leading thinkers in business and many other disciplines take on the challenge of understanding, managing, and leveraging networks.
Book Synopsis The Network Challenge (Chapter 16) by : George S. Day
Download or read book The Network Challenge (Chapter 16) written by George S. Day and published by Pearson Education. This book was released on 2009-05-19 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although networks in key business areas such as communications, supply chains, R&D, and sales are designed to improve the flow of information, people, or goods, they can also be used to improve the “peripheral vision” of the organization. In this chapter, the authors examine how networks can be used by organizations to scan, sense, and adapt to new and important signals from the organization’s strategic environment beyond its core focus. The first part of the chapter emphasizes the importance of peripheral vision in helping organizations not being blindsided by threats while seeing new opportunities sooner. The authors examine some key obstacles to using networks to better mine the periphery for early insight. They then explore how extended networks can help the organization be a responsive open system adapting faster to changes in the environment. They examine to what extent network constructs such as centrality, hierarchy, self-healing, distributed intelligence, multihoming, and latency can be used to improve organizational networks for scanning the periphery. The last section explores some of the leadership challenges associated with using networks to detect weak signals sooner.
Book Synopsis The Network Challenge (Chapter 9) by : Satish Nambisan
Download or read book The Network Challenge (Chapter 9) written by Satish Nambisan and published by Pearson Education. This book was released on 2009-05-19 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most companies realize the need to “look outside” for innovation. However, few have a clear understanding about how they can make such a shift toward network-centric innovation--an innovation strategy that is centered on external networks and communities. Managers need more than anecdotal success stories about externally focused innovation, and they need more specific guidance than the “one size fits all” prescriptions of open innovation. The authors argue that every firm needs to find its own roadmap for tapping the “Global Brain”--the creative potential of the world outside its four walls. There are many different approaches and opportunities for network-centric innovation, based on the nature of the innovation space and the nature of network governance. In this chapter, the authors present a framework for structuring the landscape of network-centric innovation. They describe four models of network-centric innovation--Orchestra, Creative Bazaar, Jam Central, and MOD Station--and outline how companies can select, prepare for, and pursue the approach that best fits their particular business and innovation context.
Book Synopsis The Network Challenge (Chapter 25) by : Witold J. Henisz
Download or read book The Network Challenge (Chapter 25) written by Witold J. Henisz and published by Pearson Education. This book was released on 2009-05-19 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: From oil companies seeking rights to drill to consumer products firms attempting to forestall a consumer boycott, organizations often seek to influence political or social policy to achieve their own objectives. But to exert this influence, they need to understand the structure of political and social networks. In this chapter, Witold Henisz examines how information about the structure of political and social networks can be integrated into data acquisition and analysis, as well as strategy implementation. Although sophisticated companies have long relied on an informal understanding of networks of informants to gather information about social and political actors at home and abroad, the analysis of the information and design of an influence strategy has too often occurred without reference to that structure. As Henisz points out, a more rigorous approach to analysis is transforming political and social risk management from art to quasi-formal science. This chapter outlines the past, present, and future frontiers of political and social risk management with particular attention to using an understanding of the network structure of diverse actors in perceiving, analyzing, and influencing the political and social environment.
Book Synopsis The Network Challenge (Chapter 12) by : Colin Crook
Download or read book The Network Challenge (Chapter 12) written by Colin Crook and published by Pearson Education. This book was released on 2009-05-19 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Complexity theory offers valuable insights into the interactions of complex systems such as networked enterprises. Complexity theory addresses the “network effects” that result from interactions between many individual actors. This chapter examines the implications of this theory for business, and how these effects influence key management areas such as making sense, strategy, and organization. The author explores issues such as fads and crowds, using information and technology, and the use of agent-based simulations. Finally, he explores the shifts in management thinking, and business education, needed to utilize complexity theory--a shift in mental models that may be crucial to success in a networked world.
Book Synopsis The Network Challenge (Chapter 17) by : Yoram (Jerry) R. Wind
Download or read book The Network Challenge (Chapter 17) written by Yoram (Jerry) R. Wind and published by Pearson Education. This book was released on 2009-05-19 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you accept, in the words of Thomas Friedman, that “the world is flat,” how do you need to reshape your organization, management, and thinking for this new terrain? This chapter offers strategies and insights on the capability for “network orchestration” that is essential in designing and managing networks that are centrally controlled. While most management education is focused on competition at the firm level, competition today is increasingly “network against network.” This changes the way we approach strategy, supply chains, building competencies, and managing enterprises. The authors examine the strategies used by successful networked companies in diverse industries. Effective network orchestration requires balancing control with empowerment of customers, suppliers, and entrepreneurial managers; and building value more from integration than specialization. While the traditional focus of core competencies has been at the firm level, the rise of networked organizations means that companies need to take a broader view. Success is based less on the competencies that the organization owns than those that it can connect to. This means that core competencies in network orchestration and learning may become increasingly important because these meta-competencies allow organizations to assemble and flexibly reconfigure the competencies needed to fulfill a customer-driven value chain.
Book Synopsis The Network Challenge (Chapter 22) by : Howard Kunreuther
Download or read book The Network Challenge (Chapter 22) written by Howard Kunreuther and published by Pearson Education. This book was released on 2009-05-19 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Networks increase interdependencies, which creates challenges for managing risks. This is especially apparent in areas such as security and enterprise risk management, where the actions of a single player in an interconnected network can wreak havoc on everyone in the network. The network, in this case, is only as strong as its weakest link. There are related problems in encouraging investments for prevention and protection, because the expected payoffs from such measures by one player are affected by the actions of other players in the network. This chapter examines the challenges of interdependent security (IDS) and strategies for addressing these, including coordination with broader networks such as industry organizations and government.
Book Synopsis The Network Challenge (Chapter 15) by : Christoph Zott
Download or read book The Network Challenge (Chapter 15) written by Christoph Zott and published by Pearson Education. This book was released on 2009-05-19 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zott and Amit explore the role of business models in creating value through networks. They review earlier, firm-centric views of value creation, including Porter’s value chain, the resource-based view, and the transaction costs approach. They point out that business models go well beyond classic views of network theory (e.g., topography and structure) and include notions of purpose, acceptance, fairness, coherence, and viability. Based on their earlier framework for e-business models, they explore the role of four major interlinked value drivers: efficiency, complementarities, lock-in, and novelty. They argue that the focal firm’s business model acts as both an engine for value-creation and an invaluable construct for understanding the firm’s role in relation to other business model participants in the networks in which it is embedded.
Book Synopsis The Network Challenge (Chapter 28) by : Jere R. Behrman
Download or read book The Network Challenge (Chapter 28) written by Jere R. Behrman and published by Pearson Education. This book was released on 2009-05-19 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information about life-and-death matters such as ways to attain good health or prevent disease is often diffused through informal social networks. Network-based strategies and competencies are probably even more important in poor societies with limited means of communication and less effective formal structures than in developed economies. In this chapter, the authors explore the nature of and impacts of informal social networks in reducing fertility and HIV infection in Kenya and Malawi, using longitudinal quantitative and qualitative data that they and their collaborators have been collecting and analyzing for more than a decade. They find that social networks and informal interactions are relevant for many different health domains in developing countries. Their research shows that network effects may be nonlinear, that there may be multiple equilibria, and that networks may either reinforce the status quo or help diffuse new options and behaviors. They show that both the context (e.g., the degree of market development) and the density of networks matter (possibly interactively), as well as the endogeneity of network partners. Their work demonstrates that multiple approaches, including both qualitative and quantitative analyses, can be informative in providing greater understanding of what networks do and how they function.
Book Synopsis The Network Challenge (Chapter 4) by : Russell E. Palmer
Download or read book The Network Challenge (Chapter 4) written by Russell E. Palmer and published by Pearson Education. This book was released on 2009-05-19 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global networks of firms are rapidly replacing top-down, hierarchical organizations. Such networks, thanks to information technology and global communications systems, can respond to changes in international demand faster and more flexibly than rigid corporate organizations of the past. But by drawing together diverse cultures and individuals, these networks present new challenges to leaders. Traditional styles of leadership are not enough for this emerging environment. The kind of leadership style that leads to efficient execution in these global networks is different from the “do it and do it now” approach that might work in hierarchical organizations. Based on the author’s experience in the leading global accounting firm Touche Ross, serving as dean of the Wharton School, and heading his own corporate investment firm, this chapter discusses leadership in a networked, global environment.
Book Synopsis (Preface & Chapter 1) The Network Imperative: Community or Contagion? by :
Download or read book (Preface & Chapter 1) The Network Imperative: Community or Contagion? written by and published by Pearson Prentice Hall. This book was released on with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Projects by : W. Richard Scott
Download or read book Global Projects written by W. Richard Scott and published by Cambridge University Press. This book was released on 2011-06-23 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the world's population continues to grow, there is an ever increasing need for huge investment in basic infrastructure: water and sewage, energy production and distribution, transportation and telecommunication. At the same time, infrastructure systems in developed countries are deteriorating and in need of renewal. Today, many of the engineering and economic problems surrounding infrastructure construction projects have been solved, but the threat of social misalignments and political conflicts renders the development and management of such projects more challenging than ever before. This book presents a new theoretical framework that allows us to analyze the institutional and social movement processes, both negative and positive, that surround global infrastructure projects as they confront cross-national and cross-sectoral (such as private-public partnerships) institutional differences. The value of this framework is illustrated through a series of studies on a wide range of infrastructure projects, including roads, railroads, ports, airports, water supply and energy pipelines.
Book Synopsis The Network Challenge (Chapter 19) by : Valery Yakubovich
Download or read book The Network Challenge (Chapter 19) written by Valery Yakubovich and published by Pearson Education. This book was released on 2009-05-19 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although any manager would recognize the importance of “networking” in finding, developing, and retaining employees, human resource management traditionally has focused on individuals. In this chapter, the authors point out that core HR processes such as recruitment and hiring, training and development, performance management, and retention all depend on networks. They consider the importance of weak ties in matching employees with jobs and “structural holes” in promoting creativity. They urge managers to make the shift from an atomized view to a network view of human resources--from focusing on the “trees” to understanding the “forest.” They show that networks can boost efficiency and productivity by facilitating information sharing, attracting talent, and strengthening employees’ commitment to the firm. But networks may also pose risks such as “lift-outs,” in which a departing employee takes other workers in his or her network. The authors explore how managers need to understand the impact of networks and how to “manage” them.
Book Synopsis The Network Challenge (Chapter 23) by : Paul R. Kleindorfer
Download or read book The Network Challenge (Chapter 23) written by Paul R. Kleindorfer and published by Pearson Education. This book was released on 2009-05-19 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Logistics is at the center of network-based manufacturing strategies, linking manufacturing sources with intermediate and final markets. As global logistics networks have grown and developed, they also have presented new challenges in managing risk and volatility across these broad, global networks. In this chapter, Kleindorfer and Visvikis discuss changes in logistics and financial instruments such as derivatives that have emerged to value and hedge the cost of capacity and services in these markets. They trace the recent history of maritime logistics and describe the convergence and integration of the physical and financial networks that underlie the valuation and use of logistics services. Global logistics illustrates how network-based strategies have integrated financial and physical networks. It also shows the emerging tools and competencies that have been needed to manage new risks arising from these broader networks.
Book Synopsis The Network Challenge (Chapter 10) by : Manuel E. Sosa
Download or read book The Network Challenge (Chapter 10) written by Manuel E. Sosa and published by Pearson Education. This book was released on 2009-05-19 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Complex products, such as airplanes and automobiles, are designed by networks of design teams working on different components, often across organizations. The challenge in managing these networks is to decompose the project into manageable pieces but then coordinate the entire network to produce the best overall design. In this chapter, Manuel Sosa offers insights on this challenge. He examines the design structure matrix (DSM) as a project management tool for planning complex development efforts and discusses the engineering and managerial implications of considering complex products as networks of interconnected subsystems and components. In particular, he considers the impact of modularity on interactions among subcomponents. Finally, he examines organizational communications, overlaying product interfaces with communications interfaces of development teams to understand where communication links may be missing or unnecessary. The discussion offers insights on any complex design and coordination challenge, where networks of individuals or teams work together to contribute to a larger whole.
Book Synopsis The Network Challenge (Chapter 8) by : Steven O. Kimbrough
Download or read book The Network Challenge (Chapter 8) written by Steven O. Kimbrough and published by Pearson Education. This book was released on 2009-05-19 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial intelligence (AI) offers computational methodologies for modeling systems, which can be valuable in understanding networks. In this chapter, the author examines several types of applications of these methods in exploring how the behavior of individual agents leads to outcomes across networks. For example, he considers how one system, based on a Prisoner’s Dilemma that provides a higher payoff for players who don’t cooperate, can result in a surprising outcome in which cooperation dominates after many rounds of play. He also considers agent-based models--including turtles in a pond, showing discrimination effects; and sugar and spice trading, showing interactions through trading. Finally, he explores applications to ant colony optimization and swarming optimization of flocks of birds or schools of fish. He concludes that computational models offer important insights into networks, and the procedures used in modeling have a significant impact. The discussion also demonstrates that “networks matter,” affecting outcomes in sometimes unpredictable ways.
Book Synopsis The Network Challenge (Chapter 24) by : Kevin Werbach
Download or read book The Network Challenge (Chapter 24) written by Kevin Werbach and published by Pearson Education. This book was released on 2009-05-19 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Telecommunications is a networked business, yet it traditionally has resisted a network-based view in its strategies and business models. In this chapter, Kevin Werbach explores this paradox, contrasting the worldview of Monists such as AT&T, who see the infrastructure as inseparable from the network, and Dualists such as Google, who see the network and its applications as distinct from the underlying infrastructure. Not surprisingly, AT&T is a proponent of “tiered access” whereas Google argues for “network neutrality.” Finally, Werbach examines how a more modular future might bridge the gap between those who seek to own and capitalize on the network and those who seek to expand it through more neutral offerings.
