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Michael Schrage Senior Advisor, Security Studies Program Massachusetts Institute of Technology |
| Michael Schrage advises organizations on the economics of innovation through rapid experimentation, simulation and digital design. His research and advisory work explores the role of models, prototypes and simulations as collaborative media for managing innovation and risk. His ongoing work on strategic and "just-in-time" experimentation is at the core of several corporate transformation efforts. His insights into the economics of "hyperinnovation," "'iterative capital" and "innovation cross-subsidies" are redefining executive investment criteria for supply chain and customer relationship initiatives. A former director of Ticketmaster, he advises its parent InteractiveCorp., a leading provider of online transaction services worldwide. He¹s been an advisor/consultant to such organizations as Accenture, Johnson & Johnson, MasterCard, Cisco, REI, Microsoft, British Telecom, BP, Mars, Fujitsu and the Global Business Network. Schrage has presented invited papers on innovation economics for the Chemical Sciences Board of the National Research Council. He performs non-classified work for the National Security Council, DARPA and the Pentagon¹s Office of Net Assessment on command, control and cyber-conflict management issues. | |
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Guest Speaker at the following State of Play conferences...
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