Digital transformation is rethinking the source of value creation, and the structure of the organization’s business model. In this new economy, more times than not value creation comes from outside the firm from external partners rather than internal employees. Marshall Van Alstyne, Questrom Professor of Management in Information Systems, co-authored an article in the Harvard Business Review that calls this new production model an “inverted firm”. This organizational structure change affects the technology but also the managerial governance that attends it. Organizational leaders must understand and undertake partner relationship management, partner data management, partner product management, platform governance, and platform strategy.
- [Journal of Financial Reporting] Corporate Sustainability: A Model Uncertainty Analysis of Materiality
- [Wall Street Journal] Taking a Company Private Brings New Risks, Responsibilities for Directors
- [Freakonomics, MD] Is Rainy Day Joint Pain All in Your Head?
- Expert Take: Measuring the Impact of Online Advertisements
- [Omaha World-Herald] Pandemic Forced Nebraskans to Innovate
- David ‘Big Papi’ Ortiz Visits Boston University’s Questrom School of Business
- [Forbes] Eli Lilly and Parexel Talk About the ROI of Practical AI
- [CBS News Boston] Expert Says Gas Price Gouging Nearly Impossible in Current Market
- [CBS News Boston] Drivers Change Habits as Gas Prices Rise in Mass.
- Is Starbucks’s Wage Increase a Shortsighted Strategy? What Experts Say