Innovation Features

Sensei Friedrich Fachidiot's picture
Sensei Friedrich Fachidiot
Mea culpa! I have a reputation for mercilessly bashing management, but I’ve finally come to realize that I owe executives an apology. As I have been constantly reminded in my career, these are very...
Ryan E. Day's picture
Ryan E. Day
The internet of things, or IoT, is a phenomenon that merges real-life devices with online control. Think smart home systems or maybe the FordPass Connect app. The manufacturing industry has already...
Jennifer Grant's picture
Jennifer Grant
With Covid-19 continuing to impact many businesses, lead time as well as sourcing new suppliers is increasingly difficult. If you currently outsource manufacturing overseas, it is likely you have...
David Pride's picture
David Pride
‘That escalated quickly!” is a common trope used in popular culture to describe when a situation gets out of hand before you’ve even had a chance to think about it. We don’t often use this trope in...
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John Wenz
For most of us, the word “robot” conjures something like C-3PO—a humanoid creature programmed to interact with flesh-and-blood people in a more or less human way. But the roster of real-world robots...
Knowledge at Wharton's picture
Knowledge at Wharton
Companies and societies are at the precipice of rebuilding their foundations to compete in an age of advanced analytics, artificial intelligence (AI), and machine learning (ML). Yet, in the real...
Nico Thomas's picture
Nico Thomas
Each new year brings about a period of reflection, where one can think back on the path that the previous year took us on. 2020 represents an even larger opportunity for reflection as the world...
Sriram Chandrasekaran's picture
Sriram Chandrasekaran
Imagine you’re a fossil hunter. You spend months in the heat of Arizona digging up bones only to find that what you’ve uncovered is from a previously discovered dinosaur. That’s how the search for...
Maria Guadalupe's picture
Maria Guadalupe
When the 2019 Nobel Prize in Economics was announced, it was an exceptional moment because in addition to celebrating contributions to economic science, a methodology was also recognized. The...
Jackie Mader's picture
Jackie Mader
Walk into any K-5 classroom in Illinois’ Rockford Public Schools, and there’s one thing you’re guaranteed to see: kids playing with Legos. Although it may look like unstructured free time, kids in...
William A. Levinson's picture
William A. Levinson
Almost half of Americans work in low-wage jobs despite the nation’s low unemployment rate. Aimee Picchi, writing for CBS News, cites a Brookings study that says “44 percent of U.S. workers are...
Casandra Robinson's picture
Casandra Robinson
Perhaps for as many as 40,000 years, people have been protecting their feet with some type of covering, initially using animal hides and fur. Today, footwear has become high-tech, sophisticated, and...
Jennifer Chu's picture
Jennifer Chu
At the heart of any electronic device is a cold, hard computer chip, covered in a miniature city of transistors and other semiconducting elements. Because computer chips are rigid, the electronic...
Jennifer Chu's picture
Jennifer Chu
A modern airplane’s fuselage is made from multiple sheets of different composite materials, like so many layers in a phyllo-dough pastry. Once these layers are stacked and molded into the shape of a...
NIST's picture
NIST
Artificial intelligence (AI) promises to grow the economy and improve our lives, but along with these benefits, it also brings new risks that society is grappling with. How can we be sure this new...
Paavo Käkelä's picture
Paavo Käkelä
After two decades of offshore productions in low-cost countries, manufacturers are now struggling with the rapidly growing salaries and countereffects of cheap production. The question that...
Anthony Veal's picture
Anthony Veal
When Microsoft gave its 2,300 employees in Japan five Fridays off in a row, it found productivity jumped 40 percent. When financial services company Perpetual Guardian in New Zealand trialed eight...
Phanish Puranam's picture
Phanish Puranam
Machine learning, the latest incarnation of artificial intelligence (AI), works by detecting complex patterns in past data and using them to predict future data. Since almost all business decisions...
Jennifer Lauren Lee's picture
Jennifer Lauren Lee
3D printing of metal objects is a booming industry, with the market for products and services worth more than an estimated $2.3 billion in 2015, a nearly fivefold growth since 2010, according to...
Kelvin Lee's picture
Kelvin Lee
Biopharmaceutical manufacturing uses living cells to produce therapies that treat diseases like cancer, diabetes, and autoimmune disorders. Manufacturing medicine using biology presents different...