Michael Schrage


Research Fellow, MIT Center for Digital Business
Visiting Fellow, Imperial College Department of Innovation and Entrepreneurship

 

Michael SchrageMichael Schrage examines the various roles of models, prototypes, and simulations as collaborative media for innovation risk management. He has served as an advisor on innovation issues and investments to major firms, including Mars, Procter & Gamble, Google, Intel, BT, Siemens, NASDAQ, IBM, and Alcoa.

In addition, Schrage has advised segments of the national security community on cyberconflict and cybersecurity issues. He has presented workshops on design experimentation and innovation risk for businesses, organizations, and executive education programs worldwide. Along with running summer workshops on future technologies for the Pentagon's Office of Net Assessment, he has served on the technical advisory committee of MIT's Lincoln Laboratory. In collaboration with the Center for Strategic and International Studies (CSIS), Schrage helped launch a series of workshops sponsored by the Department of Defense on federal complex systems procurement. In 2007, he served as a judge for the Industrial Designers Society of America's global International Design Excellence Awards.

Schrage authored the lead chapter on governance in complex systems acquisition in Organizing for a Complex World (CSIS 2009). He has been a contributor to such prestigious publications as the Harvard Business Review, Sloan Management Review, the Financial Times, The Wall Street Journal, strategy+business, IEEE Software, and the Design Management Journal. In his best-selling book, Serious Play (Harvard Business School Press, 2000), Schrage explores the culture, economics, and future of prototyping. His next book, Getting Beyond Ideas (Wiley), is forthcoming in 2010.


Faculty Media

  • Tech’s Holy Grail: IT Can’t Afford to Choose Poorly

    When we’re surrounded by “next big things,” how does IT decide what to choose and what to do with that choice?


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  • Data-Driven Management Can Also Be Compassionate

    If Amazon’s culture of metrics truly cares about caring, in other words, it will measure it. Data will eradicate ignorance and ambiguity.


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  • Feedback Without Measurement Won’t Do Any Good

    Fifty days later, alas, nothing substantive had changed. A quick fortnight of self-awareness yielded to “business-as-usual.” It was as if that open and honest exchange had never taken place.


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  • Your Calendar Needs an Upgrade

    In fact, Skenazy reports, “…once they looked over a week’s worth of their own activities, they were surprised by the large amount of time they spent with their families. Wrote one: ‘I no longer...


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  • Reward Your Best Teams, Not Just Star Players

    In the Harvard Business Review, Michael Schrage argues for the case for collective incentives.


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  • How Much Money is Needed to Fortify Against Cyberattacks?

    Companies worldwide spend billions on cybersecurity each year. A new RAND Corporation study estimates the total could be close to $70 billion and its researchers report the amount could increase...


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  • How the Navy SEALs Train for Leadership Excellence

    Almost every world-class, high-performance organization takes training and education seriously. But Navy SEALs go uncomfortably beyond.


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  • Serious Play for Sri Lankan Professionals

    Today’s column is a glimpse of what Michael Schrage's book "Serious Play" is all about.


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  • R&D Won’t Succeed If It Ignores the CEO’s Vision

    "I answered their obvious questions with my own: What new innovation initiatives had they launched, and what dedicated team had they organized, to explicitly support their CEO’s high-profile moves...


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  • Collaboration, from the Wright Brothers to Robots

    Watson and Crick. Braque and Picasso. The Wright Brothers. Wozniak and Jobs… and Jony Ive. Great collaborations all. Transformative. But what really made them work? How did collaborative...


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