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How to Implement AI — Responsibly

Harvard Business

Researchers engaged with organizations across a variety of industries, each at a different stage of implementing responsible AI. They identified four key moves — translate, integrate, calibrate, and proliferate — that leaders can make to ensure that responsible AI practices are fully integrated into broader operational standards.

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Management Consulting

CaseInterview.com

Management consulting is an industry that offers assistance with this kind of high-level decision-making and problem-solving. Rather than addressing the operational angle of how to do it, we address the bigger question of what to do. Consultants also have extensive knowledge in particular industries or topics.

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Business Ecosystems: Building Stronger Connections

Tom Spencer

Apple’s and Amazon’s product lines are showcase examples of how to build a business ecosystem. If you are an iPhone user, can you imagine moving to a mobile phone than runs on an Android operating system? Getting used to the new operating system would take weeks. Do you frequently order from Amazon? Not likely.

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Impact of Data Analytics in Consulting

Tom Spencer

The words “big data” have become a “buzzword” in the business industry. It is a concept that revolutionised old-school industries, gave birth to a new industry, and made improvements to businesses regardless of their size. So, how does big data create value for consulting firms?

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Management Consulting Salary Guide for 2019

CaseInterview.com

Their emphasis on technology, cost-cutting, and effectively managing operations has led to better consultant pay over time. Project leaders and partners mainly oversee these operations and interpret the data to provide solutions to clients. Washington grads from Olin also earn an average of $58,000 when they enter the industry.

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Is your small business making enough profit?

Asamby Consulting

Check out how to calculate profit and profit margins here. Major cost and expense types The major types of cost are Cost of goods sold (COGS, including some of the below) Staff cost (salaries) Cost of financing (interest rates) Offices and buildings Energy Marketing cost Depending on your industry, different types might be dominant.

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Digital Transformation Is Racing Ahead and No Industry Is Immune - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business

Dealing with today’s digital disruption begins by understanding how it differs from past industry changes. After all, stories of the end of our industry as we know it have been a trade press staple for decades. Read more from DXC Technology: Embracing Digital Change Requires a Clear Strategic Focus.