News and knowledge from the UVA Darden School of Business.

Expert

Michael Lenox

Tayloe Murphy Professor of Business Administration

Lenox is an expert in technology strategy and policy, studying how innovation helps businesses succeed. His work explores firm strategies and nontraditional public policies that have the potential to drive green innovation and entrepreneurship.

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Insights

In the rapidly evolving landscape of artificial intelligence, a unified team executing a flawed strategy often outperforms those pursuing a perfect strategy with fractured alignment. This principle of prioritizing alignment over flawless planning forms the cornerstone of the seven critical foundations for competitive success in the AI era.

Is Silicon Valley the next Detroit? Despite layoffs in Big Tech, there are reasons to remain optimistic that the Bay Area can continue to avoid the fate of so many communities that have seen their prospects dim as their once hot new industry faded. The key is to avoid stagnation by encouraging vigorous competition.

After a brief reprieve during the COVID-19 pandemic, emissions continue to rise, and with each passing year, the work to slow climate change becomes harder. Time is running out, and we need innovation across all industry sectors — and in products, services and policy that paves the way for rapid adoption and deployment of decarbonized technologies.

Digital technologies have evolved from efficient, convenient tools to be the driving force behind a paradigm shift in competition. Strategy expert Mike Lenox discusses five changes in the landscape business leaders are wise to keep in mind.

Much capital has been lost by chasing false paradigm changes and earnings missed by dismissing real paradigm changes. How can we best identify when the hype is turning to mania or when it underestimates the long-term impact of new technology? We start by asking the right questions.

What exactly is the metaverse? What are the challenges in building an interactive virtual world? Which technologies will get us there? How will players — particularly younger ones — be protected while engaging with others?

The effects of climate change are everywhere, yet a coordinated and cohesive response to the biggest threat to life on Earth is nowhere to be seen. While the scale of the crisis leads many to paralysis, experts at this year’s Jefferson Innovation Summit worked to find solutions both dramatic and pragmatic, naming five key opportunities.

For many patients battling disease, working with their doctors to find the most effective treatment can be a painful exercise of trial and error. What if you could more precisely choose medications and customize treatment based on people’s genes, environment, and lifestyle?