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Business Ecosystems: Building Stronger Connections

Tom Spencer

The continuing growth in importance of information technology has paved the way for the rise of business ecosystems, where connection and collaboration make products more valuable as more people use them (see network externalities ).

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Bank Profitability: Decoding the Income Statement

Tom Spencer

Bank’s Income Statement It’s important to note that banks have diverse product offerings and client types, and the reporting of business lines such as retail banking, wholesale banking, and wealth management can vary between different banks. For the sake of simplicity, we will present the information in a consolidated manner.

Banking 88
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Why Are We Still Classifying Companies by Industry?

Harvard Business

They have expanded far beyond the “Information Technology” tag attached to them by GICS. Today, technology is just a standard part of corporate infrastructure, like operations or marketing. But Information Technology doesn’t seem like the right category to group them into.

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How Predictive AI Will Change Shopping

Harvard Business

Amazon, Facebook, Google, and Apple are accelerating consumer expectations and what’s technologically possible, from same-day delivery to machine-powered image recognition. Responsive retail has peaked, and we’re about to enter the era of predictive commerce. Machine Learning Beyond Forecasting.

Retail 28
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How Future-Proof Are Your Leadership Skills?

Organizational Talent Consulting

According to a study by McKinsey & Company, it is projected that by 2030, the time spent during a workweek on information technology and programming tasks will increase the most. Leadership is a relationship, and technological innovations change the work, worker, and workplace. Are your leadership skills future-proof?

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Is your small business making enough profit?

Asamby Consulting

Here are some highlights (net margin after tax): Advertising: 10.0 % Business and consumer services: 8.2 % Computer Services: 6.0 % Food Wholesalers: 1.8 % Healthcare Information Technology: 17.4 % Retail (online): 5.7 % Software (averaged, please see link for details): 17.1 % Total Market: 10.9 % So what are your profit goals?

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Personalized Recommendation Engines Are Coming to Health Care

Harvard Business

In the past decade, consumers have shifted from worrying about sharing personal financial information when shopping on the internet to embracing online retailers’ recommendations for them. That is because the best online retailers offer customers a curated and highly personalized shopping experience. No strategy is static.