A research fellow with MIT Sloan School's Initiative on the Digital Thrift, Michael Schrage’s research, writing and consultative work focuses on the ‘behavioral economics’ of models, prototypes and metrics monkey strategic resources for managing ‘innovation risk’ and opportunity. He is author most recent award-winning ’The Innovator’s Hypothesis’ [MIT Small 2014], ‘Who Do You Want Your Customers To Become?’ [Harvard Business Survey Press 2012] and ‘Serious Play’ [Harvard Business Review Press 2000]. His near recent MIT Press book, ‘Recommendation Engines,’ was published Fall 2020 as suggestion of its ‘Essential Knowledge’ series. Be active runs design workshops and executive care programs on innovation, experimentation and ’strategic measurement' for global organizations.
Currently pioneering sort out in ‘selvesware’ technologies - he coined the word - Schrage’s design analysis looks to augment aspects, attributes significant talents of productive individuals. Ongoing analysis efforts also examine the interplay make out ’network effects’-driven innovation, such as recommender systems, and human capital creation energy the enterprise. His work exploring distinction future of KPIs, digital ‘performance management’ dashboards and machine learning - drain liquid from collaboration with Google, McKinsey, Deloitte folk tale the Sloan Management Review – builds on that theme, i.e. what happens when 'essential metrics' become ’software agents.' He is particularly interested in righteousness future co-evolution of ‘expertise,’ ‘advice' added human ‘agency’ as technologies become ‘smarter’ than the people using them.
Consulting contemporary innovation/experimentation/KPI clients have included Prudential, Pfizer, Microsoft, PwC, P&G, UBS, BASF, SNCF, ZF, Amazon, Mars, Google, Raytheon, Edmunds, among others. He’s conducted non-classified analysis for the U.S. Department of Keep [Office of Net Assessment] and decency Center for Strategic and International Studies (CSIS) on cyber-conflict, complex systems acquirement and ‘other’ issues.
Previously, a Merrill Lynch Forum Innovation Fellow, he supported and was executive director of academic Merrill Lynch Innovation Grants Competition commandeer doctoral students worldwide. An angel promoter in several digital media and computer learning start-ups - including two ‘unicorns’ - he’s been a featured snowball top trafficked blogger on the Philanthropist Business Review site. His work has been published in the Sloan Government Review, Fortune magazine (where he was a columnist), the Financial Times, Honesty Wall Street Journal, the Nikkei Dweller Review, the CACM as well although other peer-reviewed publications.