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Go Faster Alone but Farther Together

Chad Barr

LEGO: A Blueprint for Collaboration and Individual Ingenuity At the dawn of the 2000s, LEGO found itself on the brink of collapse, its brand diluted and finances in turmoil. The appointment of Jørgen Vig Knudstorp as CEO marked the turning point. The secret?

Sports 52
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Jim Whitehurst on the Open Organization: A Conversation with the CEO of Red Hat

BCG

Video Monday, October 17, 2016. With a background in business development, finance, and global operations, Whitehurst has a reputation for helping companies flourish—even in the most challenging of times. Whitehurst strongly advocates using open-source software as a catalyst for business innovation.

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How Companies Are Already Using AI

Harvard Business

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. Related Video. Four years ago, an Oxford University study predicted 47% of jobs could be automated by 2033.

Company 46
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The Avoidable Mistakes Executives Continue to Make After a Data Breach

Harvard Business

Executives today must operate under the assumption that they will experience a cyber incident that will require them to notify their customers, investors, and regulators. In addition to distributing a press release and posting a video to their site on Sept. Insight Center. The Human Element of Cybersecurity. Sponsored by Varonis.

Data 28
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Chicago's Fiscal Freefall: Moody's Cuts Chicago Credit Rating to Two Steps Above Junk; Snake Oil and Swaps; It's All Junk Now

MishTalk

The city’s credit quality could weaken as unfunded pension liabilities grow and exert increased pressure on the city’s operating budget,” Moody’s analysts Matthew Butler and Rachel Cortez wrote. “ billion operating budget and is required by an Illinois law to boost the 2016 contribution to its police and fire pension funds by $550 million.

System 28
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Inequality Isn’t Just Due to Market Forces — It’s Caused by Decisions the Boss Makes, Too

Harvard Business

Related Video. In aggregate, such dynamics would operate in a similar manner as unions, systematically raising the wages for low and middle earners relative to high-earners, such that the wage gaps between them are narrowed, thereby lowering wage inequality. The Other Kind of Inequality, Explained.

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business

And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance. Investment in AI is growing and is increasingly coming from organizations outside the tech space.

Survey 42