Blockchain is making big promises, and companies like Microsoft and Walmart make outsize investments in blockchain implementations. For managers wondering how to bring the benefits of blockchain to their organizations and stakeholders, Teppo Felin – a professor of strategy at the University of Oxford – and Karim Lakhani – a professor of business administration at Harvard – outline a game plan for blockchain implementation. This expert overview from the MIT Sloan Management Review will help you get your company off the blocks and moving in the right direction.
In this summary, you will learn
- Why blockchain technology is poised to transform business,
- How some major players like Microsoft and Walmart are implementing blockchain, and
- How to develop an approach to blockchain that’s tailored to your organization.
About the Authors
Teppo Felin is professor of strategy at the University of Oxford’s Saïd Business School. Karim Lakhani is a professor of business administration at Harvard Business School and co-founder of its Digital Initiative.