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The Critical Importance of Data Quality Over Mere Data Collection

Strategy Driven

Decision-makers use data to analyze trends, understand market dynamics, and forecast future developments. Business operations, ranging from supply chain management to customer service, depend heavily on accurate and timely data. Risk Management Risk management is another domain where data quality is crucial.

Quality 95
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The Value of Value Chain Analysis in Transforming Your Business

N2Growth Blog

Because value chains are independent of existing organizational structures, staff and work locations, they are less intimidating to the management and staff that have a vested interest in maintaining the status quo. These models (and the analysis of them) are valuable for presenting new and different ways of thinking about the business.

Analysis 316
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7 Steps to Problem Solving

Skip Prichard

As a consequence of accelerating change, the old model of managerial skill development and application is no longer effective. It used to be that you could learn the core skills for a career in college and graduate school – think management, accounting, law – and then apply it over forty years. How did you develop it?

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10 Ways to be a Better Team Player :: Women on Business

Women on Business

Categories : Communications , Ethics , Leadership , decision-making Echo Garrett is the National Practice Manager for KPMGs Financial Credit Risk practice and a Co-Founder of "Her Voice", a National Womens Organization that brings women together for local support and charitable opportunities.

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StrategyDriven Editorial Perspective – Good Intentions, Bad Results: Learning from the Panic of 1826

Strategy Driven

Looking to increase the homeownership rate and “foster affordable housing,” the Housing and Urban Development (HUD) department issued regulations that required 55% of all government sponsored entities (GSEs) to purchase “affordable” loans from banks, either directly or through packaged MBS.

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How P&G and American Express Are Approaching AI

Harvard Business Review

There is a tendency with any new technology to believe that it requires new management approaches, new organizational structures, and entirely new personnel. And they have well-honed approaches for developing the requisite new skills in employees. “New and different” is the ethos of the day. Focus on the talent.

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Just Using Big Data Isn’t Enough Anymore

Harvard Business Review

Develop the right metrics. When I discuss this with executives, they often point out that the lack of highly developed metrics is both a function of the relative immaturity of Big Data implementations, as well as a function of where in the organization sponsorship for Big Data originated and where it currently reports. Insight Center.