Dr. Nils Olaya Fonstad is a Research Scientist at the MIT Sloan Center for Information Systems Research (MIT CISR). Nils researches competitive digital innovation and how organizations are redesigning themselves to realize greater impact from a diverse portfolio of innovation efforts. Drawing on both in-depth qualitative data and survey data from hundreds of firms, he has identified what investments and innovation practices distinguish the most competitive firms. In 2010, he co-founded with CIONET the annual European CIO of the Year Awards to raise awareness of especially-accomplished digital leaders. Based in Madrid, Nils is responsible for both fostering relations with organizations from Europe and Latin America and conducting research on how firms maximize business value and minimize risks from digitization.