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Archive for May, 2019

Fear, Uncertainty, and Doubt

May 29, 2019
Fear, Uncertainty, and Doubt

Forecasting is Treacherous Business: According to Linda Yueh, Adjunct Professor of Economics, this year and next are likely to be filled with uncertainty. She names the events we all know are on everyone’s minds—Brexit, US-China trade tensions, and European Union reforms. Since Professor Yueh’s specialty is economics, she goes on to point out that those […]

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Becoming Data Driven

May 22, 2019
Becoming Data Driven

Not Just Google: Some business leaders have watched with a mix of envy and consternation as the technology firms, and large retailers, have taken advantage of big data. Until now, smaller firms have not been able to afford significant data science operations. However, predictions are that this year and next will be the year when […]

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Top of Mind

May 15, 2019
Top of Mind

Artificial Intelligence (AI): Based on what I observe in the business world, AI is going to continue being in our collective consciousness for some time to come. Many thought this was going to be a fad—and with reason. The promise of AI drastically changing our world has been around for several decades. However, we in […]

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Efficiently Providing What Isn’t Wanted

May 8, 2019
Efficiently Providing What Isn’t Wanted

Management: When the markets for our products or services are reasonably stable and predictable, managing performance makes sense. We are, however, no longer in such a world. Managing will lead to performing to short term goals while missing the fact that markets may be moving away from us. Managing focuses on mitigating uncertainty by making […]

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Owning Less

May 1, 2019
Owning Less

Youth Lead the Way: I was speaking with a close friend who was lamenting the fact that despite having a grandson old enough to be driving, he wasn’t, and didn’t show any interest in driving. Therefore, my friend was relegated to being a chauffeur for all the grandkids and their various activities. We remarked that […]

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