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Six Predictions for Digital Business in 2012

Harvard Business Review

My crystal ball devoted to the intersection of business and digital technology brought forth six predictions for 2012. A web-native bank will appear and inspire fanatical devotion among its customers. There will be at least one instance of a science fiction technology becoming reality. They are: 1. I am sure of it. He's right.

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When a Simple Rule of Thumb Beats a Fancy Algorithm

Harvard Business Review

Sure, human beings, with “their limited computational abilities and their incomplete information,” as the great social scientist Herbert Simon put it , need to rely on the mental shortcuts and rules of thumb known as heuristics. Customers Decision making Information & technology'

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2013 Trends and The Power of Women

Women on Business

Guest Post By: Andrea Simon, PhD., president of Simon Associates Management Consultants. Technology and the Internet are enabling women to work and run businesses more virtually, often from their homes and often with help from angel funding. About the Author: A cultural anthropologist, Andrea Simon, Ph.D.,

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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. Many years later, French mathematician Pierre-Simon Laplace developed Bayes’s idea into a powerful theory, which we now know as the Bayes Theorem. When faced with uncertainty, how should leaders react?

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The Promise of a Truly Entrepreneurial Society

Harvard Business Review

Production capital took the lead over financial capital and real value over paper value, as Carlota Perez has so well demonstrated in her book Technological Revolutions and Financial Capital. Fast forward to today, and the picture is not so happy. Financial capital is in the driving seat. The entrepreneurial society.

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The Data Says Climate Change Could Cost Investors Trillions

Harvard Business Review

In a bit of understatement, Simon Dietz of the London School of Economics, the lead author of the report, told The Guardian , “long-term investors…would be better off in a low-carbon world.” Last year, Citi produced a powerful study of the costs and benefits of shifting the energy system toward low-carbon technologies.

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How Senior Executives Find Time to Be Creative

Harvard Business Review

To find out, I spoke to some of the most innovative leaders across key industries, from technology to consulting to manufacturing. ” Simon Mulcahy, Interim CEO at Salesforce, recommends an exercise he calls “flipping the binoculars around.” Here’s what they said. Seek out unfamiliarity.