With information technology becoming an increasingly important part of every enterprise, managing IT risk has become critically important for CIOs and their business counterparts. However, the complexity of IT makes it very difficult to understand and make good decisions about IT risks. CISR...

This article empirically explores the relations between alternative organizational designs and a firm's ability to explore as well as exploit. We operationalize exploitation and exploration in terms of innovation streams; incremental innovation in existing products as well as architectural...

This paper proposes a deductively derived model to help managers who preside over decisions to integrate or outsource to assess ex ante whether, when and why it might be strategically and competitively important to develop internal capabilities to perform certain activities in-house, and when it...

Includes bibliographical references (p. 35-37).

Local search algorithms for combinatorial optimization problems are in general of pseudopolynomial running time and polynomial-time algorithms are often not known for finding locally optimal solutions for NP-hard optimization problems. We introduce the concept of epsilon-local optimality and...

Supported by the organizations who participate in the Program in Systems Thinking. Supported by the New Management Style at the Sloan School of Management, MIT.