What is synthetic data — and how can it help you competitively?

What is synthetic data — and how can it help you competitively?

Why it Matters: Synthetic data — which resembles real data sets but doesn’t compromise privacy — allows companies to share data and create algorithms more easily. Companies committed to data-based decision-making share common concerns about privacy, data integrity, and a lack of sufficient data. Synthetic data aims to solve those problems by giving software developers…

Study: Industry now dominates AI research

Study: Industry now dominates AI research

Why it matters: Industry is taking the lead on artificial intelligence research that has traditionally been the domain of academia. What does this mean for research that is in the public interest? Until the early 2000s, AI research in academia and in industry was split fairly evenly. But over the past decade, the balance has…

4 ways to boost enterprise resilience with systems thinking

4 ways to boost enterprise resilience with systems thinking

Why It Matters. It’s not enough to excel at a steady state — firms also need the resilience to respond to irregular operations and conditions. Systems thinking can help. Fresh off a year-plus of supply chain disruptions and irregular operations precipitated by the global pandemic, organizations should make time to rethink resiliency and risk management….

A risk management playbook for improving organizational resilience

A risk management playbook for improving organizational resilience

Why It Matters. MIT Sloan experts offer a systematic approach to organizational resilience that can help leaders manage risk and rebound rapidly when catastrophic events strike. Consider the recent system failures at Southwest Airlines that put the brakes on holiday travel. Or the Deepwater Horizon oil spill or the Norfolk Southern freight train derailment, both of which rapidly became…

Toxic Culture Is Driving the Great Resignation

Toxic Culture Is Driving the Great Resignation

Research using employee data reveals the top five predictors of attrition and four actions managers can take in the short term to reduce attrition. More than 40% of all employees were thinking about leaving their jobs at the beginning of 2021, and as the year went on, workers quit in unprecedented numbers.1 Between April and…