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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

O NE OF the unfortunate side effects of living in an age of accelerating technology is having to deal with increased uncertainty. We tend to see situations in one of two ways: either events are certain and can, therefore, be managed by planning, investment, and reliable budgets; or they are uncertain, and we cannot manage them.

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Creating a New Approach to Engineering and Innovation at Hitachi Metals - SPONSOR CONTENT FROM HITACHI METALS, LTD.

Harvard Business Review

As the new general manager of the Global Research & Innovative Technology Center (GRIT) at Hitachi Metals, Kenichi Inoue is tasked with creating an updated framework for research and development in advanced materials, helping his organization make the shift to a new approach to engineering and innovation in a disrupted world.

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Using Digital Exhaust to Improve Sales

Harvard Business Review

Customer relationship management software revolutionized how companies manage their sales pipelines. Now a new breed of software applications is reshaping sales force management. It notifies a company if one of its competitors files a credit check on a customer, signaling potential defection. Sponsored by Accenture.

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The Impact of the Blockchain Goes Beyond Financial Services

Harvard Business Review

The technology most likely to change the next decade of business is not the social web, big data, the cloud, robotics, or even artificial intelligence. It’s the blockchain, the technology behind digital currencies like Bitcoin. Blockchain technology is complex, but the idea is simple. They make it difficult to cheat.

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How Blockchain Could Help Emerging Markets Leap Ahead

Harvard Business Review

Much has been made of the potential for blockchain technologies to open up new vistas for business and society. But is there a way for this revolutionary technology to empower the rich and poor alike? How Blockchain Works Here are five basic principles underlying the technology. Distributed Database.

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Three Questions to Ask Your Advanced-Analytics Team

Harvard Business Review

Here's something that senior managers should keep in mind as they launch Big Data initiatives: Advanced analytics is mostly about finding relationships between different sets of data. Say you're a manager at a consumer retail store — how many web customers also purchase at your brick and mortar stores, and how often?

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Four Steps to Fixing Your Bad Data

Harvard Business Review

From falsified mortgage applications and bundles of toxic mortgages, to incorrect credit ratings and balance sheets that couldn't be trusted, the financial crisis is as much about bad data as it is about unfettered greed. But they don't manage them that way. to manage quality. You need a quality program that does so.