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SAP SE Executive Board Member and Chief Human Resources Officer, Stefan Ries explains how he is utilizing AI and Big Data to advance HR analytics as the foundations for a successful global future. Stefan Ries: Many individuals with autism spectrum disorders are well-educated and have valuable skills to contribute in the workplace.
Michael Mauboussin doesn't write about innovation, but his clear writing that blends finance, strategy, and psychology puts him on my list. Ries builds off the teaching of Innovation Master Steve Blank and urges entrepreneurs to "remove waste" from the creation of new businesses by being very scientific in the management of unknowns.
It’s a framework for entrepreneurs, building on “The Lean Startup” by Eric Ries. To make FastWorks work, changes have been made in several areas, including supplier relations, finance, and roles and responsibilities: Supplier relations. Vic Roos, Lead Purchasing Program Manager, explained, “We let a finance guy in the room.
As I described in a previous post , GE is working with Eric Ries, a Silicon Valley entrepreneur and author recognized for pioneering the Lean Startup movement. People in finance at GE, typically focused on return on investment and payback periods, love FastWorks because they get a better throughput of ideas.
In 2010, one of us was sitting in a room at the Harvard Business School with Eric Ries and a number of budding entrepreneurs. The language has been widely adopted, and that includes some folks who haven''t yet had the chance to read Ries'' work or digest the ideas behind it. One of these young entrepreneurs in particular stood out.
More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. In fact, ICOs have upended the conventional pattern of staged experimentation and fundraising.
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