Remove Development Remove Examples Remove Information Technology Remove Productivity
article thumbnail

Business Ecosystems: Building Stronger Connections

Tom Spencer

Apple’s and Amazon’s product lines are showcase examples of how to build a business ecosystem. In short, it means that companies are expanding beyond their traditional core products in order to increase opportunities for cross-selling and to boost customer ownership. Not likely.

article thumbnail

Big Data: An Opportunity for Data Scientists & Data Analysts

Tom Spencer

Although all data is field specific, for example health care data collected from a hospital, data scientists can often operate without specific domain expertise as they apply powerful statistical methods to uncover meaningful correlations in large datasets. Required Skills. In terms of pay, both roles offer highly competitive salaries.

Data 88
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Impact of Data Analytics in Consulting

Tom Spencer

Over time, it has become a necessity for the consulting industry to develop frameworks to address critical business problems with the help of big data. Tailoring products to individual needs: Big data allows an organisation to narrowly segment customers. So, how does big data create value for consulting firms? Image: Pexels.

Data 106
article thumbnail

What is consulting?

Tom Spencer

Some people also call consulting a ‘talk-job’ – you go to the clients, you talk about what the ideal world scenario would be for a particular project, product or market, and your billable hours are sorted. Sales, Marketing, Production) and secondary functions (e.g. Finance, HR, Supply Chain, ICT, Legal).

article thumbnail

The Consulting Value Proposition

Tom Spencer

For example, a company that needs to update its computer systems might seek advice from IT consultants. An example from 2014 occurred when McKinsey poached two partners from AlixPartners, one of the world’s best-known restructuring firms. software development) consultants may represent a cost-effective solution.

article thumbnail

Review of “Open Leadership” Framework (Leadership and Social Technologies Book)

Steve Shu Consulting

This part also frames open strategy in terms of four objective areas (applicable to company/brand/product) of learn, dialog, support, and innovate and increasing levels of engagement with constituents. The use of checklists and case examples makes for a nice reference and workbook to drive an organization’s development process.

article thumbnail

The Fight of The Two R’s: Robots v Redundancy

Tom Spencer

While robots were predicted and have led to significant productivity gains, there are at the same time a number of drawbacks (Taylor, 2019). This begs the question, why do we favour productivity and efficiency if the new technology is simultaneously kicking workers out of jobs and diminishing the user experience? Image: Pexels.

System 60