How to Implement AI — Responsibly
Harvard Business
MAY 10, 2024
Researchers engaged with organizations across a variety of industries, each at a different stage of implementing responsible AI.
Article Information Technology Productivity Research 
Indian Companies Blossom in the US Market
Business Consulting Agency
SEPTEMBER 21, 2023
In this comprehensive article, we will explore why Indian companies often experience remarkable success when entering the US market with the guidance of business consultants. Diverse Sectors : Indian firms have a presence in diverse sectors, including information technology, pharmaceuticals, manufacturing, and renewable energy.
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Management Consulting Salary Guide for 2019
CaseInterview.com
MARCH 5, 2019
They may also provide advice regarding new product launches, pricing, market differentiation, etc. Information Technology Consulting. Information Technology consultants have become important assets for consulting firms. Strategy consultants typically earn a base salary between $70,000-$100,000 at the entry level.
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The Fight of The Two R’s: Robots v Redundancy
Tom Spencer
NOVEMBER 2, 2019
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? Image: Pexels.
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Has the MBA become Redundant for a Career in Consulting?
Tom Spencer
FEBRUARY 16, 2019
Their advice is always the same, for them their other degrees showed firms that they have an inquisitive mind that can solve problems with the utmost productivity. According to a New York Times article from 2000, more than half of the consultants at McKinsey & Company do not have an MBA. Image: Pexels. References.
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Good Management Predicts a Firm’s Success Better Than IT, R&D, or Even Employee Skills
Harvard Business
APRIL 19, 2017
In our research , we’ve confirmed that management matters — a lot. In fact, it matters as much or more than a number of other factors associated with successful businesses, like technology adoption. The public remains divided over the value of good management. But what does the data tell us?
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Brews, News and Booz & Company: Interview and Culture Insights
Management Consulted
AUGUST 28, 2013
After 2 years, he recruited 2 friends from Chicago and formed the Business Research and Development Company with $500 borrowed from the bank. Early on, he wrote many articles about his real passion of “taking the measure” on business problems. The focus of this article is on Booz & Company because of its focus on strategy.
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Why Are We Still Classifying Companies by Industry?
Harvard Business
AUGUST 18, 2016
Many of our current economic measurements saw their birth in the Industrial Age when the companies that were growing and shaping the world were giants with big physical plants and lots of material products — companies like Exxon Mobile and GE. But Information Technology doesn’t seem like the right category to group them into.
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The Secret History of Agile Innovation
Harvard Business
APRIL 20, 2016
A more reasonable starting point might be the 1930s, when the physicist and statistician Walter Shewhart of Bell Labs began applying Plan-Do-Study-Act (PDSA) cycles to the improvement of products and processes. So he began by learning everything he could about maximizing organizational productivity.
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28 Keynes Is Dead, Abenomics Fizzles, US Fails to Reach Escape Velocity, Stimulus Fatigue
MishTalk
JANUARY 21, 2014
Economist Andy Xie has an interesting article in CaixinOnline that contains his views on 2014. The chances are that the global economy, weighted by nominal GDP at current exchange rates, will grow at 2 percent Globalization, turbo-powered by information technology, has cut short the feedback loop between demand stimulus and supply response.
Some Companies Are Banning Email and Getting More Done
Harvard Business
JUNE 8, 2016
In fact, that exact conclusion is one that Thierry Breton, CEO of the France-based information technology services firm Atos Origin, arrived at several years ago. So, he took steps to eliminate what he believed were negative effects on company productivity. So is a growing body of research on the effects of email.
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Limit Cyberattacks with a System-Wide Safe Mode
Harvard Business
MAY 17, 2017
As a result, when companies are hacked, it can take days for information technology teams to isolate infected systems, remove malicious code, and restore business continuity. But they continue to operate and communicate with other systems until information technology teams shut them down and correct the malfunction.
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Paying Skilled Workers More Would Create More Skilled Workers
Harvard Business
MAY 19, 2016
Nevertheless, few would argue that information technology permanently increased unemployment. Research has since shown that the skills gap has a cyclical effect on unemployment, explaining as much as one-third of the increase in unemployment following the Great Recession. However, I argue that this view is not correct.
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Are You A Future-Ready Leader?
Organizational Talent Consulting
APRIL 18, 2022
It is projected by 2030 in the US and Europe that the time spent during a workweek will on information technology and programming tasks increase the most. While some skills will be less in demand it is important to consider the human leadership skills that remain in the technology-driven workplace.
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Why Financial Statements Don’t Work for Digital Companies
Harvard Business
FEBRUARY 26, 2018
Recent research lets us make an even bolder claim: accounting earnings are practically irrelevant for digital companies. Many digital companies have no physical products and have no inventory to report. But these statements have little salience for a digital company.
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Big Companies Don’t Pay as Well as They Used To
Harvard Business
FEBRUARY 13, 2017
And big companies tended to be more efficient than smaller firms, which meant their workers were more productive and therefore better paid. The researchers estimate that this decline in how much more big firms pay explains 32% of the rise in inequality between the 90th and 10th percentiles of income distribution.
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Putting Humans at the Center of Health Care Innovation
Harvard Business
MARCH 2, 2018
The healthcare industry has long relied on traditional, linear models of innovation – basic and applied research followed by development and commercialization. Bogdan Dreava/EyeEm/Getty Images. Challenges. Identifying and supporting pathways to implementation. An immediate answer to the question “who implements and how?
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32 What the Companies on the Right Side of the Digital Business Divide Have in Common
Harvard Business
JANUARY 31, 2017
While some have invested significantly in technology, operational, and cultural changes, others are lagging behind. Our research focused on 344 enterprises* listed on U.S. Our research also shows that a digital advantage is not simply a function of spending money. exchanges with a median company revenue of $3.4 for laggards.
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Types of Consultants - Free Management Library
Consulting and Organizational Management
NOVEMBER 15, 2010
They usually provide highly specialized content expertise regarding certain specific systems and processes in the organization, for example, computer systems, financial and accounting systems, market research or facilities management. — Look for the articles in this series, including: What Do Consultants Do? What do you think?
A.T. Kearney Interview & Culture
Management Consulted
JANUARY 18, 2015
Kearney becomes a wholly owned subsidiary of EDS in September, nearly doubling in size and vastly expanding its industry expertise and information technology capabilities. Technology. Consumer Products. MC Articles. Accountancy Age Articles on AT Kearney. Articles from The Economist. 1995 – A.T.
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Why Companies That Wait to Adopt AI May Never Catch Up
Harvard Business
DECEMBER 6, 2018
They are planning to be “fast followers” — a strategy that has worked with most information technologies. It’s true that some technologies need further development, but some (like traditional machine learning) are quite mature and have been available in some form for decades. We think this is a bad idea.
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28 Why You Shouldn’t Swear at Siri
Harvard Business
OCTOBER 21, 2016
Both academic research and anecdotal observation on man/machine interfaces suggest raised voices and vulgar comments are more common than not. That undermines enterprise efficiency, productivity, and culture. How robotics and machine learning are changing business. Bad behavior can poison bot behavior.
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How Health Care Providers Can Help End the Overprescription of Opioids
Harvard Business
OCTOBER 24, 2017
While research testing this hypothesis is mixed, it’s clear that efforts to curb the epidemic need to involve physicians and hospitals. In our own research, for example, we have found that U.S. This requires investments in data infrastructure and health information technology to measure real-time opioid prescribing patterns.
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Apple’s Pact with 13 Health Care Systems Might Actually Disrupt the Industry
Harvard Business
MARCH 23, 2018
Since electronic health records (EHRs) became widespread over the last decade, there has been growing frustration over the inability to make electronic data liquid — to have it follow the patient throughout the health system and to be available for more sophisticated analysis in support of improved patient care and research.
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36 We Need to Approach AI Risks Like We Do Natural Disasters
Harvard Business
FEBRUARY 7, 2018
In addition, they need the ability to switch to manually controlled environments in case artificially intelligent systems have to be shut down and to recall faulty smart products. AI Insurance Products and Services. Contingency plans must go beyond a natural disaster playbook. AI International Protocols.
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28 How One Clothing Company Blends AI and Human Expertise
Harvard Business
NOVEMBER 21, 2016
Second, companies can use machines to supercharge the productivity and effectiveness of workers in unprecedented ways. As research we’ve conducted across industry and academia shows, companies have an unprecedented opportunity to tap ongoing advances in AI and machine learning research to reinvent business processes.
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28 7 Ways to Introduce AI into Your Organization
Harvard Business
OCTOBER 19, 2016
Though these technologies can seem daunting, the good news is that getting started with cognitive technologies is getting easier all the time. Many vendors have jumped into the field, and their offerings provide options for any company wanting to make their processes or products smarter. researchers to help you hit it.
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28 FinTech Is Weaving Charitable Giving into Everyday Transactions
Harvard Business
JULY 11, 2016
Academic and Federal Reserve Bank research has found that the private costs of accepting checks for under $50 can be anywhere from 3% for a $50 transaction to 285% for a $1 transaction, making checks in small amounts prohibitive for charities.
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28 Designing the Machines That Will Design Strategy
Harvard Business
APRIL 18, 2016
But although conventional due diligence for a deal involves deep market research and repeated rounds of interviews with founders and key customers, Correlation focuses on documentary information. Electricity led to enormous productivity gains only when factory layout was revisited and optimized for the new technology.
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28 A Study of 16 Countries Shows That the Most Productive Firms (and Their Employees) Are Pulling Away from Everyone Else
Harvard Business
JULY 13, 2017
The corporate landscape has become increasingly unequal, with the most productive firms thriving and the least productive ones failing to keep up. Other research has documented that the pay gap between firms is contributing to increased income inequality, but our work makes two additional contributions.
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35 Innovative Companies Get Their Best Ideas from Academic Research — Here’s How They Do It
Harvard Business
APRIL 19, 2016
In virtually every advanced field, whether it’s information technology, biotechnology, agriculture, or renewable energy, America holds a leading position. While private companies employ some excellent scientists, most of America’s scientific research is publicly funded. vincent tsui FOR HBR. Monitor and participate.
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28 IBM Consulting Interviews: Navigating the IBM GBS Maze
Management Consulted
OCTOBER 18, 2013
IBM was founded in 1911 and has a rich history of ingenuity, deep convictions, premier research and development, and trend setting. The division focused on in this article is IBM Global Business Services (IBM GBS). These services focused on business management and information technology. Information Technology.
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How Cloud Computing Is Changing Management
Harvard Business
FEBRUARY 8, 2018
Theories and practices of management often spring from the opportunities created by new technologies. The complex calculations of the field known as Operations Research were enabled by mainframe computing. BPM reflected the interactions of different stakeholders, from product creation through supply chain to final assembly.
6 Reasons Salespeople Win or Lose a Sale
Harvard Business
JUNE 23, 2017
It’s a question I’ve studied for years, as part of the win-loss analysis research I conduct. There’s a tendency to assume that the salesperson lost because their product was inferior in some way. However, in the majority of interviews buyers rank all the feature sets of the competing products as being roughly equal.
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The One Type of Leader Who Can Turn Around a Failing School
Harvard Business
OCTOBER 20, 2016
By background they are normally Information Technology or Chemistry teachers (95% in our study), who have often moved out of the classroom to manage support staff early in their career. Other research has found a 50% increase in exam results leads to between a 0.7% Soldiers like efficiency and order. billion and $7.6 billion.
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28 The Real Reason Superstar Firms Are Pulling Ahead
Harvard Business
OCTOBER 5, 2017
They’re more productive, as the chart below illustrates. One answer to that first question shows up in study after study: superstar firms are succeeding in large part due to information technology. Other academic research has found the same. They’re also more profitable, more innovative, and they pay better.
How to Make Sure Good Ideas Don’t Get Lost in the Shuffle
Harvard Business
JUNE 6, 2018
Over the past three decades, we have researched how leaders motivate their employees to come up with creative solutions to organizational problems. Over time, employees learned that developing and submitting new ideas was not worth the effort. As a result, innovation can stall.
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Why Apple’s New HQ Is Nothing Like the Rest of Silicon Valley
Harvard Business
JUNE 26, 2017
To set this in context, it’s important to first understand the fundamental challenge of building contemporary (and future) workspaces, especially for technology companies: Software and buildings operate on entirely different timescales. That there is no childcare center. Everything else was secondary.” Contrarian and Obsolete?
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The Critical Skills for Leading Major Change in America’s Health System
Harvard Business
OCTOBER 3, 2017
The first concerns the challenge of creating the meaningful use program for the HITECH Act when I served as national coordinator of health information technology from 2009 to 2011, at the beginning of the Obama administration. We invited thousands of professionals to test and rate the two products.
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Research: Cloud Computing Is Helping Smaller, Newer Firms Compete
Harvard Business
AUGUST 31, 2018
Despite those trends, our research suggests that technology can in fact provide an advantage to small and new firms. In recent research, we studied the adoption of cloud computing across U.S. Pivothead is a firm with 25 employees producing wearable technologies to help the blind and visually impaired. businesses.
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31 How Software Is Helping Big Companies Dominate
Harvard Business
NOVEMBER 19, 2018
They’re more productive , more profitable , more innovative , and they pay better. In fact, research suggests that big firms are dominating through their use of software. Research by one of us (James) links this trend to software. Andrew Brookes/Getty Images. Throughout the global economy, big companies are getting bigger.
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The H-1B Visa Debate, Explained
Harvard Business
MAY 4, 2017
Titled “Buy American and Hire American,” it directs federal agencies to review whether existing policies adequately prioritize American products and protect American workers. on H-1B visas, boost the economy by increasing innovation, productivity, and sometimes even employment.
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30 ExxonMobil’s Shareholder Vote Is a Tipping Point for Climate Issues
Harvard Business
JUNE 7, 2017
of the votes were in favor, providing a strong signal that climate change is an important financial risk and that shareholders want to know more about what companies are doing to transform their operations and products to remain competitive in a low-carbon world.
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3 Health Care Trends That Don’t Hinge on the ACA
Harvard Business
MAY 25, 2017
Third, irrespective of revisions to the ACA, discoveries in the life sciences that enhance the quality and extend the length of life will continue to flow from research laboratories. One product helps reduce falls; another, Wander Guard, helps seniors with early stages of dementia live semi-independently.
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