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Upgrade your Legacy System without Disrupting your Project-based Organization

Progressus

Project-based organizations that are still utilizing legacy systems today have a host of potential system failure, compliance, and integration concerns. Although it might appear as though you’re saving costs when you don’t spend money updating your digital product, it might cost you much more over the long haul.

System 52
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The Transformative Power of AI in Business

Tom Spencer

AI-powered recommendation systems are another way businesses are leveraging AI-based technology to enhance the customer experience. These systems can suggest relevant products that customers are likely to enjoy. For example, Amazon might collect and analyze customer data such as product purchases and demographic information.

Data 147
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Descent of the Global Monetary System

Tom Spencer

In the long run, it would seem fairer to base the global monetary system on an asset that is not produced exclusively by any one nation and which people are generally willing to accept as valuable. Bretton Woods System: 1944 – 1971. The Bretton Woods System created a kind of monetary discipline.

System 88
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China Faces "Minsky Moment" on Ponzi Financing

MishTalk

Inquiring minds are tuning into a report on the Ponzi finance setup in China. We have described in detail over the past two years how we believe China’s twin excesses (excessive investment funded by excessive debt) will inevitably unwind, causing a substantial slowdown in China’s economy, significantly below market expectations.

Finance 75
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Possible Organization Changes for a Product Approach, Part 5

Johanna Rothman

How do we move from a project-based organization towards a product organization? There are at least two systems of work we need to change: The management system and the culture of management. There might be more systems I don’t see yet. Work Toward the Product Organization with Team Behaviors.

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Ethical Implications of AI in Consulting: A Deep Dive

Tom Spencer

Potential for bias One of the main ethical concerns with AI systems is the potential for bias. AI systems are only as unbiased as the data they are trained on, and if the data is biased, the AI will reflect that bias. Another example would be an AI system that is trained on data from a specific industry, such as the finance sector.

Ethics 88
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What is consulting?

Tom Spencer

Some people also call consulting a ‘talk-job’ – you go to the clients, you talk about what the ideal world scenario would be for a particular project, product or market, and your billable hours are sorted. Sales, Marketing, Production) and secondary functions (e.g. Finance, HR, Supply Chain, ICT, Legal).