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Impact of Data Analytics in Consulting

Tom Spencer

Over time, it has become a necessity for the consulting industry to develop frameworks to address critical business problems with the help of big data. Tailoring products to individual needs: Big data allows an organisation to narrowly segment customers. So, how does big data create value for consulting firms? Image: Pexels.

Data 106
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The Fight of The Two R’s: Robots v Redundancy

Tom Spencer

While robots were predicted and have led to significant productivity gains, there are at the same time a number of drawbacks (Taylor, 2019). This begs the question, why do we favour productivity and efficiency if the new technology is simultaneously kicking workers out of jobs and diminishing the user experience? 2017, May 10).

System 60
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Why Financial Statements Don’t Work for Digital Companies

Harvard Business

For an industrial company dealing with physical assets and goods, the balance sheet presents a reasonable picture of productive assets and the income statement provides a reasonable approximation of expenses required to create shareholder value. Many digital companies have no physical products and have no inventory to report.

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We Need to Approach AI Risks Like We Do Natural Disasters

Harvard Business

The good news is that natural disasters themselves, which Munich Re says caused $330 billion in economic losses globally in 2017, provide a template for how to mitigate the growing and catastrophic risk posed by AI. AI Insurance Products and Services. Contingency plans must go beyond a natural disaster playbook.

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3 Health Care Trends That Don’t Hinge on the ACA

Harvard Business

In early May 2017 Republicans in the U.S. Stanley Healthcare, a division of Stanley Black & Decker Corporation, which sells products to over 17,000 hospitals and senior living facilities, offers a good example. Laura Schneider for HBR. House of Representatives voted to repeal and replace the Affordable Care Act (or Obamacare).

Trends 31