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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.

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New Tools! More Pure Bank Profit!

MishTalk

It proposes a new tool to pay banks even more interest on money banks don''t lend and cannot use (as an alternative to shrinking money supply). With little fanfare or analysis by mainstream media as to what is really happening, Bloomberg reports Fed Gets Bigger in Markets as QE Prompts New Tools. Nonetheless, the Fed has a clever idea!

Banking 76
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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. Corporate strategy is complex, and the advice is expensive. The costs of AI-enabled tools are falling, and availability is rising.

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Virtual Coaching is Inevitable but is it Effective?

Organizational Talent Consulting

Also, a digital environment improves access to tools supporting goal setting, coaching preparation, and progress tracking. An excellent virtual coach has the ability to: Operate the tools and functions of collaborative technology. A key is assessing the coaching situation and context to determine the best use for virtual coaching.

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

Epicflow

As part of a project management plan, a project manager and/or an engineer should develop a risk management plan that includes all necessary information for the project team: the goal and objectives of the risk management process, necessary tools and techniques, documentation, reporting, responsibilities and roles. . Dawson, Scott.

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Consultant Ninja: Information Visualization Irony: Management.

Consultant Ninja

Stephen Fews commenters excoriate this chart , rightfully so: "BO is not a business "intelligence" tool. It is a presentation tool, overly simplistic in capability and overly complicated in execution. Although to their credit (and that of the consulting firms) BO is usually recommended as an add-on to a real BI tool. Newer Post.

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3 Steps to Cultivate an Innovation Culture

Organizational Talent Consulting

This tool can be extremely useful for defining the current and desired culture of any organization. Defining an innovation culture in measurable and actionable terms is essential for a thriving company culture. The Competing Values Framework created by Dr. Kim Cameron and Dr. Robert Quinn identified four fundamentally different cultures.

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