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MIT Center For Digital Business
The 'MIT Center for Digital Business' is an industry-funded research center headquartered at the MIT Sloan School of Management. MIT Initiative on the Digital Economy In 2013, the Center for Digital Business organized and launched the Institute-wide MIT Initiative on the Digital Economy, to address the impact of digital technologies on the world, led by Erik Brynjolfsson Erik Brynjolfsson is an American academic, author and inventor. He is the Jerry Yang and Akiko Yamazaki Professor and a Senior Fellow at Stanford University where he directs the Digital Economy Lab at the Stanford Institute for Human-Centered AI ... and Andrew McAfee. See also * Digital Transformation (Business) References {{reflist External links Center for Digital Business Official site MIT Sloan Management Review web site Massachusetts Institute of Technology research institutes ...
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MIT Sloan School Of Management
The MIT Sloan School of Management (branded as MIT Sloan) is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs, as well as executive education. Many influential ideas in management and finance originated at the school, including the Black–Scholes model, the random walk hypothesis, the binomial options pricing model, and the field of system dynamics. The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners. History The MIT Sloan School of Management began in 1914 as the engineering administration curriculum ("Course 15") in the MIT Department of Economics and Statistics. The scope and depth of this educational focus grew steadily in response to advances in the theory and practice of management. A program offering a master's degree in management was established in 1925. The world's first universit ...
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Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' newspapers of record. The first issue of the newspaper was published on July 8, 1889. The editorial page of the ''Journal'' is typically center-right in its positions. The newspaper has won 39 Pulitzer Prizes. History Founding and 19th century A predecessor to ' ...
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Erik Brynjolfsson
Erik Brynjolfsson is an American academic, author and inventor. He is the Jerry Yang and Akiko Yamazaki Professor and a Senior Fellow at Stanford University where he directs the Digital Economy Lab at the Stanford Institute for Human-Centered AI, with appointments at SIEPR, the Stanford Department of Economics and the Stanford Graduate School of Business. He is also a research associate at the National Bureau of Economic Research and an author of several books. From 1990 to 2020, he was a professor at MIT. Brynjolfsson contributes IT productivity research and work on the economics of information, the economics of AI, and the digital economy more generally. According to Martin Wolf, "No economist has done more to promote the revolutionary implications of information technology than MIT’s Erik Brynjolfsson." Biography Erik Brynjolfsson was born to Marguerite Reman Brynjolfsson and Ari Brynjolfsson, a nuclear physicist. He attended Wayland High School, in Wayland, Massachuset ...
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Andrew McAfee
Andrew Paul McAfee (born ) is a principal research scientist at MIT and cofounder and codirector of the MIT Initiative on the Digital Economy at the MIT Sloan School of Management. He studies how digital technologies are changing the world. Early life and education McAfee grew up in a small town in the mid-west. His parents divorced when he was eleven years old. Having a lack of friends growing up, and from being what he has called "socially awkward" and a bit of a math and English geek, McAfee was drawn to computers. McAfee received his doctorate from Harvard Business School and completed two bachelors and two masters of science degrees at MIT. Work Throughout his career, McAfee has written and co-written several books on digital technology and related topics. He speaks frequently to both academic and industry audiences, most notably at TED 2013 and on ''The Charlie Rose Show ''Charlie Rose'' (also known as ''The Charlie Rose Show'') is an American television intervie ...
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Digital Transformation (Business)
Digital transformation (DT) is the process of adoption and implementation of digital technology by an organization in order to create new or modify existing products, services and operations by the means of translating business processes into a digital format. The goal for its implementation is to increase value through innovation, invention, improved customer experience and efficiency. Focusing on efficiency and costs, the Chartered Institute of Procurement & Supply (CIPS) defines "digitalisation" as However, since there are no comprehensive data sets on digital transformation at the macro level, the overall effect of digital transformation is still (), too early to comment. While there are approaches which see digital transformation as an opportunity to be seized quickly if the dangers of delay are to be avoided, a useful incremental approach to transformation called discovery-driven planning (DDP) has been proven to help solve digital challenges, especially for traditional fir ...
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