That the Massachusetts Institute of Technology is one of the premier science, engineering and technology schools in the world is well established. Perhaps slightly less known is that MIT's Sloan School of Business is world class as well, bringing the school's mathematical and technology strengths to business education and research. And though Sloan's flagship journal, the MIT Sloan Management Review, might not have quite the cachet of the Harvard Business Review, I'd certainly put it on the short list of required reading for business leaders. Indeed, the latest issue on IT-Driven Innovation, the New Information Opportunity is essential for those looking at vanguard strategic developments of technology for business.
Putting the Science in Management Science?, an interview with Andrew McAfee of Sloan's Center for Digital Business, makes a strong imploration for business to adopt a scientific and data-driven approach to decision making. McAfee has arrived at this thinking from his studies on how information technology “changes the way companies perform, organize themselves, and compete”, as he investigates “how computerization affects competition itself – the struggle among rivals for dominance and survival within an industry.”
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