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2016-08 Best Practices for Managing a Digital Innovation Portfolio

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Nils Fonstad, SM ‘96, PhD ‘03, Research Scientist, MIT Sloan Center for Information Systems Research (@NilsFonstad) Sean Belka, SVP & Director of Fidelity Center for Applied Technology, Fidelity Investments (#SeanBelka) Michael Nilles, Chief Digital Officer, Schindler Group & CEO Schindler Digital Business, Schindler Group (@MichaelNilles) Christopher Paquette, Partner, McKinsey & Company (@paquettecm) Derek Roos, Co-Founder & CEO, Mendix (@MendixCEO) Many global companies are feeling growing pressure to rapidly respond to local business demands. MIT research has found that IT units are supporting these demands competitively in two fundamentally different ways: (1) reusing technology and business components, and (2) engaging in off-platform experiments. In addition, to practice both types of innovation simultaneously, they are engaged in new collaborations with internal and external stakeholder groups to create a simple and relevant set of reusable components; foster their reuse; and engage in and learn from experiments. This panel discussion with leading CIOs will explore best practices for managing a portfolio of innovations.
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