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Impact of Data Analytics in Consulting

Tom Spencer

The first company to identify emerging demand trends and tailor its operations to delivery can quickly establish itself as the go-to source for particular goods or services” ( EY, 2016 ). Globally, investment by consulting firms into analytics increased to $43 billion in 2017. Create a responsive decision-making process. Image: Pexels.

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

Tom Spencer

This has not only reduced the need for checkout operators but who now packs the bags? 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). The individual scanning their groceries. Image: Pexels.

System 60
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Why Your Employees Aren't Committed to Your Company Strategy

Organizational Talent Consulting

Great leaders dream of a better future – from business sustainability to growing future leaders, increasing speed to market, or operating with greater purpose. Information Technology & People (West Linn, Or.), To turn those dreams into workplace realities, leaders set strategies. References: Amrollahi, A., &

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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. PM Images/Getty Images.

System 38
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Why Financial Statements Don’t Work for Digital Companies

Harvard Business

As digital companies become more prominent in the economy, and physical companies become more digital in their operations, income statements too become less meaningful in investors’ decisions. Its value growth is powered by the network in place, not by increments of operating costs. billion and $0.8

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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. Our growing reliance on so many intelligent, connected devices is opening up the possibility of global-scale shutdowns.

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11 Things the Health Care Sector Must Do to Improve Cybersecurity

Harvard Business

At the beginning of 2017 Experian predicted that the health care sector would be the most heavily targeted vertical industry. A March 2017 report from the Identity Theft Resource Center indicated that more than 25% of all data breaches were related to health care. Department of Health and Human Service’s Office for Civil Rights.