Michael 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 cyber conflict 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.
Ideas are the wrong unit of measurement for innovation, says author Michael Schrage. Instead he recommends reframing good ideas as testable hypotheses that can be run in a fast, simple, cheap business experiment.
Innovation expert Michael Schrage explores the major questions that have risen from the recent Sony hack. He questions whether hacking and cyberattacks should be treated as mere misdemeanors or as more serious affronts to personal freedom.