Remove 2016 Remove Efficiency Remove Productivity Remove Training
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Is AI the Solution for the Banking Sector? (Part 2: Solution)

Tom Spencer

Taking Uber as an example, the company first identified expensive taxi/limo fares (problem) and aimed to use a GPS enabled smart phone app to connect drivers with riders more efficiently (solution). While many banks have introduced new technologies, they have done so partly to increase efficiencies, reduce headcount, and save costs.

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Wearable Technology: Implications for Entrepreneurs and Organizations

Tom Spencer

Every business is looking for ways to continually improve the productivity of its employees. One research study found that the productivity of workers using wearable technology increased by 8.5%. They can then perform analytics on these data in order to train their workers to be more efficient and productive in the workplace.

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Robot Taxis Starting 2016 in Japan; Self-Driving Trucks on German Autobahn; Millions of Truck and Taxi Driver Jobs will Vanish in US by 2025

MishTalk

Autonomous taxis will operate in test mode next year with a goal of full production by 2020. on Thursday said they will start experimenting with unmanned taxi service beginning in 2016. This technology can be fitted into regular production trucks and is a huge step towards fully autonomous transportation. Reader Alain writes. "

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Performance Improvement and the Evolution of Consulting

Effective Managers

According to the latest research from 2016, as much as 78% of the global management consulting spend is within the boundaries of North America and Europe. There are huge efficiencies that can be had. The workforce will be more engaged, more productive, and the outcomes will be greatly improved.

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The Question with AI Isn’t Whether We’ll Lose Our Jobs — It’s How Much We’ll Get Paid

Harvard Business

It is the continuous obligation of economic policy to match increases in productive potential with increases in purchasing power and demand. Wage growth has not kept up with productivity growth; labor’s share of GDP has fallen and capital’s share has risen. anucha sirivisansuwan/Getty Images.

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What We Learned from Improving Diversity Rates at Pinterest

Harvard Business

Pinterest’s fastest growing users are outside of the United States, and for current and future users, it’s important that the people building our product make it relevant to people of different ethnic, social, physical, and geographic backgrounds. We created a playbook and training for managers focused on inclusive leadership.

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Augmented Reality Is Already Improving Worker Performance

Harvard Business

On the other, the slowdown in productivity growth across advanced economies has led some economists to argue that new innovations have no impact on growth. These technologies increase productivity by making workers more skilled and efficient, and thus have the potential to yield both more economic growth and better jobs.

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