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How to Hire with Algorithms

Harvard Business

Of course such an exercise creates plenty of controversy in organizations entrenched in existing practices. For organizations interested in the promise of data, we offer five principles for using statistical algorithms to aid the personnel selection process: Pick the right performance metric. Other Interests?). Gather many data points.

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Keynes Is Dead, Abenomics Fizzles, US Fails to Reach Escape Velocity, Stimulus Fatigue

MishTalk

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. Of course, competitive devaluation will eventually make everyone worse off.

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How One Medical Group Is Decreasing Physician Burnout

Harvard Business

As approximately one in eight women will develop invasive breast cancer over the course of their lifetimes, a failure to receive the recommended preventative screening could have serious health repercussions. And the whole system, not just primary care, is responsible for quality metrics related to prevention and chronic care (e.g.,

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What the Companies on the Right Side of the Digital Business Divide Have in Common

Harvard Business

In just a few years digital technology has connected an ever-growing number of people, sensors, and devices. Of course, not all organizations have responded to it in the same way. While some have invested significantly in technology, operational, and cultural changes, others are lagging behind.

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How Companies Are Benefiting from “Lite” Artificial Intelligence

Harvard Business

And they are finding the tools increasingly useful, of course, in dealing with online customers. These include improving data-mining operations, helping with training, and making structured, repeatable tasks and processes far more efficient and less costly. Don’t make your AI too lite.

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How One Clothing Company Blends AI and Human Expertise

Harvard Business

In this distributed workforce, stylists are measured by a variety of metrics, including the amount of money a client spends, client satisfaction, and the number of items a client keeps per delivery. Stitch Fix employs more than 2,800 stylists, dispersed across the country, all of them working from home and setting their own hours.

Company 28
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How Cloud Computing Is Changing Management

Harvard Business

That makes it imperative to start thinking about how management will be changed by the most impactful information technology of our time: cloud computing. ” The new way of deploying software, he said, also gives him visibility on where and how it is consumed, providing information about future costs.