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Is Behavioral Economics Used in Business?

Steve Shu Consulting

” Broad conscious, concerted efforts to apply behavioral economics probably did not begin until sometime after 2008 with the release of Thaler and Sunstein’s book, Nudge. One key observation I’ve had is that certain companies can have different strategies for implementing behavioral economics.

Mercer 186
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Cybersecurity 101: How to defend against cyber-attacks

Tom Spencer

The goal is to exploit both the trust of … users and bugs in their web browsers to install a virus allowing the hacker access to the organisation’s network” ( Welch, 2016 ). If you are an IT company that creates software, hiring developers to check code can be a good defensive strategy. Common Methods of Cyber-Attack.

How To 105
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Best Business Books 2016: Economy

Strategy+Business

For the last decade, the most compelling economics books have focused on the bailouts, bubbles, and blow-ups surrounding the 2008 financial crisis. But smart analysts are now widening their lens to help us understand the dynamics at play in the global economy. This year's best economics books include Robert J.

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. At the end of 2016, Fitch Ratings estimated that all robo-advisors managed under U.S.$100B will grow to U.S. $5 5 trillion to U.S. $7

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3 Tactics for Accelerating Company Performance Despite an Economic Downturn

Organizational Talent Consulting

Reactive workforce reductions, burn-the-furniture cost-cutting, and spray-and-pray strategies out of desperation have historically led to considerable losses. Implementation typically involves experimentation, analyzing the existing strategies, and creative experiential learning exercises. It is easy to find out what doesn't work.

Company 52
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What You Need to Know About Globalization’s Radical New Phase

BCG

Article Wednesday, July 20, 2016. To succeed in this new era, companies need to think about globalization in a different way, using different metrics, and devise a new framework to develop winning strategies. Is globalization over? Some commentators consider the United Kingdom’s vote to leave the European Union to be a sign that it is.

Metrics 40
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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow

Step 4: Developing risk response strategies. Its AI-driven functionality makes it possible to simulate different variants of project flow and in such a way gives grounds for identifying possible risks and/or deciding on the most efficient risk response strategy. . The estimation implies performing qualitative and quantitative analysis.