News and Awards

  • Keystone Chairman and HBS Professor Marco Iansiti expands on why digital leaders post higher gross margins, profits, and revenue per employee than digital laggards in a new study entitled, “The Digital Business Divide: Analyzing the operating impact of digital transformation,” featured recently on
    Read the full story and access the study, here: cio-image
  •’s 2017 Top Ranked Consulting Firms: Keystone Strategy has been named to‘s 2017 Top Ranked Consulting Firms in North America with two top 10 placements for both innovation and internal mobility. Read more about Keystone Strategy here: vault-top-ranked
  • The CFO Leadership Council News:  Keystone’s own Director of Finance Julius Gloeckner is featured in the CFO Council News blog detailing why he thrives in Keystone’s entrepreneurial setting.  Read more about Julius Gloeckner and Keystone CFO Council Logo
  • Top 10 Boutique Strategy Consulting firm by IvyExec: Keystone has been ranked a Top 10 Boutique Strategy Consulting firm by IvyExec in their annual consulting firm rankings. Read more about Keystone  ivyexec_logo
  • Consulting Magazine Rising Star: Congratulations to Keystone’s Sam Price who was just named one of Consulting Magazine’s Rising Stars of the Profession for 2016. To read more about Sam and her work at Keystone, go to Consulting MagazineConsulting Mag Rising Star
  • Professor Iansiti releases One Strategy which analyzes how a management team tweaked and optimized the fine line between strategy and executionone-strategy
  • Professor Pisano wins the 2010 McKinsey Award for “Restoring American Competitiveness”

Keystone experts are thought leaders in their fields and are prolific writers on their findings. The experts create leading analytical frameworks for evaluating ecosystem strategy, innovation processes, IP evaluation, antitrust analysis and more. The research of our experts provides Keystone with unique access to large, cross-sectional studies of industry players. Please contact us to learn more about our experts' research.


Why Leaders Don’t Learn from Success

by Gary P. Pisano and Francesca Gino
Harvard Business Review, April 2011
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The Evolution of Science-Based Business: Innovating How We Innovate

by Gary P. Pisano
Harvard Business School Working Papers, February 19, 2010
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Varied Experience, Team Familiarity, and Learning: The Mediating Role of Psychological Safety

by Bradley R. Staats, Francesca Gina, and Gary P. Pisano
Harvard Business School Working Papers, September 16, 2009
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Restoring American Competitiveness

by Gary P. Pisano and Willy C. Shih
Harvard Business Review, July-August 2009
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Which Kind of Collaboration is Right for You? The New Leaders in Innovation will be those who figure out the best way to leverage a network of outsiders

by Gary P. Pisano and Roberto Verganti
Harvard Business Review, December 2008
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How to Capture Value from Innovation: Shaping Intellectual Property and Industry Architecture

by Gary P. Pisano, Teece, David J.
California Management Review, Fall 2007

Science Business: The Promise, the Reality, and the Future of Biotech

by Gary P. Pisano
Harvard Business School Press, 2006

In Science Business, Professor Pisano analyzes why the biotechnology industry failed to perform up to expectations despite all its promises. Professor Pisano’s unique critique of the industry reveals the underlying causes of biotech’s problems and offers an overall analysis on how the industry works. According to Pisano, the biotech industry’s faces three unique business challenges: 1) the financing of high risk R&D investments in uncertain and long time horizons, 2) rapid learning to keep pace with advances in drug science knowledge, and 3) integration of capabilities across a broad spectrum of scientific and technological knowledge bases. He prescribes an approach to fixing the industry which includes new business models, modified organizational structures, and financing arrangements that place greater emphasis on integration and long-term learning over shorter-term “monetization” of intellectual property.