Collaborating for Management Innovation: Lessons and Opportunities
Over the centuries, advances in management have made a substantial contribution to economic and social progress, and today, with organizations facing an array of unprecedented challenges, the need for management innovation is more urgent than ever. Despite these successes, management research often fails to yield a practice dividend. Few practitioners, it seems, regard academic researchers as indispensable partners in addressing the most vexing challenges that confront their organizations. In most organizations management innovation receives much less strategic and systemic attention than technological innovation despite the fact that the former often underpins the latter. One telling data point: while in a recent year, businesses spent more than $3.5 billion funding scientific research in U.S. universities, management research attracted a scant $51 million of corporate funding. Hence the question that animates this SMS London Extension: What could scholars do to help dramatically accelerate the pace of management innovation across the world?
This SMS extension brings together a community of academics, practitioners, and consultants to address a set of questions in keynotes, panel discussions and full group discussions. To enable interaction among participants the extension additionally relies on multiple breakout sessions which facilitate interactive discussion with key note speakers and panellists in small groups. Further registered participants will be asked to share their thoughts, insights, ideas and questions on the topic on a virtual platform in the weeks before the event. The extension will build on this input.