NEWS
Blockchain beyond the hype: What is the strategic business value? (by Mckinsey&Co)
"Companies can determine whether they should invest in blockchain by focusing on specific use cases and their market position. Speculation on the value of blockchain is rife, with Bitcoin—the first and most infamous application of blockchain—grabbing headlines for its...
The Never-Ending War on Fake Reviews (By Simon Parkin)
“Tedious and helpless prose” is how, in 1881, a writer for The Atlanticdescribed “Leaves of Grass,” Walt Whitman’s first volume of poetry. It was a view shared by other contemporary critics. One called the book “intensely vulgar, nay, absolutely beastly,” before...
The Myth of Corporate America’s Short-Term Thinking (By Steven Rattner)
"American companies, according to their critics, are so focused on making quick profits that they have abdicated building for the long term. That idea has captivated policymakers, commentators and even some leading business executives. The complaint has reached a...
Smart cities: Digital solutions for a more livable future (by McKinsey Global Institute)
"As cities get smarter, they are becoming more livable and more responsive—and today we are seeing only a preview of what technology could eventually do in the urban environment." Smart cities: How technology can deliver a better quality of...
The Next New Thing in Finance — Bonds Linked Directly to the Economy (by Prof. Robert J. Shiller, NYT)
"When the next big recession comes, we’ll be much better off if governments have established a new kind of bond tied to the ups and downs of the economy. In fact, just such a financial innovation is almost ready for the marketplace. The investment vehicle, called a...
Notes from the AI frontier: Applications and value of deep learning (by Mckinsey&Co)
"An analysis of more than 400 use cases across 19 industries and nine business functions highlights the broad use and significant economic potential of advanced AI techniques." To download the full article, please follow the...
An agenda for the talent – First CEO (By Dominic Barton, Dennis Carey, and Ram Charan, McKinsey&Co)
"In tumultuous times, a company’s talent is its most valuable and reliable asset. What does it take to lead an organization that truly unleashes its human capital? In our combined 90 years of advising CEOs and their boards, the three of us have never come across a...
Customer Satisfaction at the Push of a Button (By David Owen, The New Yorker)
"In 2016, a European gas-station chain hired HappyOrNot, a small Finnish startup, to measure customer satisfaction at its hundred and fifty-plus outlets. One gas station rapidly emerged as the leader, and another as the distant laggard. But customer satisfaction can...
People, Probabilities and Big Moves to Beat the Odds (By McKinsey)
"Strategy Beyond the Hockey Stick is about unlocking big moves — because that is what it takes to beat the odds in business. Anchored in empirical evidence from 1000s of companies, it reveals what really matters and what does not — for exceptional performance....
Jim Simons, the Numbers King (by D. T. Max, The New Yorker)
"Algorithms made him a Wall Street billionaire. His new research center helps scientists mine data for the common good." "A visit to a scientific-research center usually begins at a star professor’s laboratory that is abuzz with a dozen postdocs collaborating on...