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The Big Picture of Business – Collaborations, Partnering and Joint-Venturing… Priority for Business.

Strategy Driven

Definitions of these three terms will help to differentiate their intended objectives: Collaborations - Parties willingly cooperating together. Cooperation with an instrumentality with which one is not immediately connected. Involves close cooperation among parties, with each having specified and joint rights and responsibilities.

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What Role Does/Should The Deming System of Profound Knowledge Play in the World of “Big Data”?

Deming Institute

Each time technology advances to allow for collection, storage, and analysis of more data, we have the opportunity to expand the boundaries of the systems that we can analyze and improve. Are operational definitions the same across different data sources? Have we considered the impact of collecting data (e.g., What is our theory?

Deming 28
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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.

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Lots of Employees Get Misclassified as Contractors. Here’s Why It Matters

Harvard Business Review

For a deeper look into the distinctions under the Fair Labor Standards Act and the 2015 guidance document ). These truck drivers, misclassified as independent owner-operators, were forced by companies whom they worked to purchase new vehicles to comply with more stringent emission restrictions. of employment in 2005 to 9.6%

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How Companies Are Already Using AI

Harvard Business Review

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. Four years ago, an Oxford University study predicted 47% of jobs could be automated by 2033.

Company 12
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America’s Transportation Infrastructure Needs Entrepreneurs

Harvard Business Review

National Infrastructure Week, May 11-15, should mark the acceleration of giving entrepreneurs and innovators a prominent seat at the table, adding technology opportunities to solve America’s infrastructure problems. In the case of the FAA and mobile technology, the slow-moving agency is trying its best to be nimbler.

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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

This meant that the company was leaving out huge innovation potential — thousands of startups with billions of funding — that could help BMW innovate anything from core vehicle technology (batteries, sensors, artificial intelligence software) to manufacturing innovations (internet of things, cybersecurity, robotics).