Posted by MIT Sloan Executive Education - 1 year and 27 days ago
What does the sports revolution mean for businesses in other industries? Everything. "Championship organizations" are using analytics to inform and shape their overall strategy, make wise investments in technology, and more. Learn more about the upcoming Sports Analytics Conference as well as how analytics can help your organization get more wins in 2018.
Posted by MIT Sloan Executive Education - 1 year and 10 months and 25 days ago
What sets high-performing teams apart? Strong leadership? Skilled team members? Shared goals? Maybe. But what if we told you that one of the key drivers of team performance was how many women were on the team?
Malone, who is the head of the MIT Center for Collective Intelligence, says that when it comes to team performance, the more women the better. Research by Malone and his colleagues, Anita Woolley and Christopher Chabris, shows that the collective intelligence of a group rises when there are women involved in that group. And in fact, the more women, the better.
"In our study, if there were more women in the group, the group performed better," says Malone. In their New York Times article, "Why Some Teams Are Smarter Than Others," Malone and his colleagues wrote of their study, "Teams with more women outperformed teams with more men. Indeed, it appeared that it was not 'diversity' (having equal numbers of men and women) that mattered for a team’s intelligence, but simply having more women. This last effect, however, was partly explained by the fact that women, on average, were better at 'mindreading' than men."
By "mindreading," Malone is refering to the skill of social perception. Social perceptiveness is a kind of social intelligence; it's the ability to discern what someone is thinking through some means of human observation, especially if they are good at reading emotions from other people's eyes. Malone's research suggests that the performance of teams (and companies) can be dramatically improved when members can improve upon this skill, regardless of the industry.
Posted by MIT Sloan Executive Education - 2 years and 10 months and 13 days ago
We're in the midst of a transformation in how businesses are organized. Typical corporate hierarchies are starting to look overrated, and changes in coordination technology have the power to make work and innovation even more democratic. However, according to MIT organizational theorist Thomas Malone, most of us are still victims of a centralized mindset, the idea that in order to manage things it’s best to put somebody in charge who gives orders to other people. He urges us to look at the many new ways of organizing that allow more people to have more involvement in decisions--and for better results.
"Most people don't begin to realize how important and how pervasive and, in many cases, how desirable those new ways of organizing are going to be," said Malone, Professor of Management at MIT Sloan and the Founding Director of the MIT Center for Collective Intelligence, in a conversation with MIT Sloan Management Review Editor-in-Chief, Michael S. Hopkins. "At the Center, we are looking at how people and computers can be connected so that collectively they act more intelligently than any one person, group, or computer has acted before." When taken seriously, this question leads to a view of organizational effectiveness that is very different from the prevailing wisdom of the past.
The new paradox of power: Give it to gain it
The most rapidly evolving kinds of "collective intelligence"--a phenomenon where a shared or group intelligence emerges from the collaboration and/or competition of many individuals--are those enabled by the Internet. Wikipedia and YouTube are the best-known examples of collective intelligence. Similarly, InnoCentive is a web community that outsources companies’ research problems and invites answers from anyone who wants to contribute, awarding a handful to cash prizes to the best of the bunch. And at MIT, the Climate CoLab uses crowdsourcing to harness the collective intelligence of thousands of people all over the world in an attempt to solve the problems of climate change.
These design patterns presented in technology-enabled collective intelligence is also represented more generally in the shift from traditional hierarchies to flatter organizational structures. For years, pockets of the U.S. military have been slowly taking decisions out of the hands of high-ranking commanders and entrusting them to teams of soldiers, who are told what problems to solve but not how to solve them. And last year, Zappos adopted a controversial flat organizational structure referred to as “holacracy.” By order of CEO Tony Hsieh, the company abolished managers, eliminated job titles, denounced its organizational hierarchy and instead adopted a radical new system of self-governance. Automattic, the firm behind WordPress, only employs a couple hundred people, who all work remotely, with a highly autonomous flat management structure. GitHub is another highly successful firm with a similar structure.
Another example of collective intelligence at its best is apparent in a different kind of workforce altogether--that of honeybees. As revealed by the research of Thomas Seeley at Cornell University, honeybees select the very best site at least 80% of the time--without the influence of the queen bee. By working together as a unified system, the organization (bee colony) is able to amplify its intelligence well beyond the capacity of any individual member of the group. And they do this with no bosses or workers--with no hierarchy at all.
Louis Rosenberg is CEO of Unanimous A.I., a "swarm intelligence company" that develops technologies for collective intelligence that allow groups to combine their thoughts and feelings in real-time, to answer questions, make decisions, or just have fun. Like Malone, he believes that if there are ways for companies to make smarter decisions, it’s worth understanding them and exploring if new technologies can help us implement such methods.
Posted by MIT Sloan Executive Education - 3 years and 5 months and 11 days ago
Job candidates are familiar with being tested during the interview process. True, some interview processes are simply a series of meetings with company personnel, but, in all honesty, that type of candidate screening is largely subjective. Some organizations, or departments within organizations, add empirical skills tests into the mix. Highly advanced organizations may even ask candidates to take personality tests, such as the Myers-Briggs Type Indicator.
At first glance, organizations may view personality testing as something only large organizations do, or something that is too advanced or complex to manage. After all, if any particular candidate demonstrates the hard skills and "feels" like a good fit, does his or her personality traits matter that much? For those organizations looking to capitalize on collective intelligence, those traits do matter—and research shows they are extremely important.
Collective intelligence, as explained by Thomas Malone, Professor of Information Technology and Director of the MIT Center for Collective Intelligence (CCI), is the idea that people working in teams can achieve more than they can on their own. Add the power of computing and you have the potential for a highly intelligent, highly productive group.
Posted by MIT Sloan Executive Education - 3 years and 9 months and 28 days ago
Earth Day is just a few days away, and climate change and its effects are everywhere in the news. For many of us, the dire state of our environment feels overwhelming, and climate change can feel like an unsolvable problem. Which is why the key to tackling it may be to treat it not as one problem, but as many.
Climate CoLab, a project of the MIT Center for Collective Intelligence, seeks to break down the large, complex problem of climate change into a series of more manageable sub-problems. A crowdsourcing platform and virtual think tank, Climate CoLab is an online platform where experts and non-experts from around the world collaborate on developing and evaluating proposals for what to do about global climate change. The project seeks to harness collective intelligence through online contests, constructively engaging a broad range of scientists, policy makers, business people, investors, and concerned citizens.
Posted by MIT Sloan Executive Education - 4 years and 8 months and 27 days ago
As work environments become more complex, scientists continue to search for ways to improve how technology can enhance the performance of individuals and help groups work together most effectively.
According to an interview on the Smart Planet Blog with MIT Sloan Professor Thomas Malone, the crux of the matter is what he refers to as “collective intelligence”—how people and computers connect so that collectively they act more intelligently than any person, group, or computer separately.
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