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How Competition Is Driving AI’s Rapid Adoption

Harvard Business

Amazon, born 24 years ago, had captured about 45% of online retail commerce in the United States by 2017, but still stood for just about 5% of total US retail gross merchandise volume in that year. Those technologies started to be used about ten to 25 years ago, and the average level of absorption of these technologies was about 37% in 2017.

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Give Your Team the Freedom to Do the Work They Think Matters Most

Harvard Business

Since at least the time of Frederick Taylor, the father of “scientific management,” control has been central to corporate organization: Control of costs, of prices, of investment and—not least—of people. When a new project comes in, the manager does not devise a plan to complete it. billion in revenue in 2013.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business

Nearly 800 digital health startups were funded in 2017, an all-time high. operating rooms, recovery floors, emergency department), and ancillary departments (e.g., Problem 2: Rigid annual operating budgets. Gillian Blease/Getty Images. Each of the new companies offers the hope of transforming the performance of the U.S.

System 28
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Strong Economy – Strong Buy-Sell Market

Martinka Consulting

More businesses sold after being advertised on bizbuysell.com than any other year, and 2017 was 25% higher than 2016. We have a few articles in our “writing folder” (articles I’ve saved to write about) on bad management, how technology is replacing people, and employee unhappiness. Record number of small business sales in 2018!

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CEO Oasis: Relief for “Loneliness at the Top”

Emerson Consulting Group

For months now, Steve has been struggling over cash-flow problems with no solution in sight. No one under him has served as the top officer of an operation as large as his, and no one outside the company comes to mind as someone he can turn to and confide in. As part of his ongoing column in Money Inc.

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Do Lawyers Make Better CEOs Than MBAs?

Harvard Business

Meanwhile, one of Well Fargo’s chief competitors, Bank of America, has been relatively scandal free, with impressive revenue and profit results for the first half of 2017. CEOs with legal training tended to implement more-cautious earnings management policies, especially in industries with high litigation risk, like pharmaceuticals.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

The Corporate Fund is Chicago’s general operating fund. Chicago’s property tax revenues do not go into its general operating fund. Although most governments are required to balance their budgets on a cash flow basis each fiscal year, a structural budget gap can arise when recurring expenditures are greater than recurring revenues.