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Decision Markets Outperform Committees (But Trust In Them Is Low)

The Horizons Tracker

Decision markets are increasingly common to help weed out the best decisions, but they are still dwarfed by decisions made via committees or other adhoc groups. However, the researchers find that people can learn to trust information markets the more often they use them, thus offering a ray of light. ” Trusting the crowd.

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Where Do They Go To Get Business Advice?

Strategy Driven

High participation networkers. Online marketing firms. Technology consulting firms. Political action committees. Professional service firms, including lawyers, accountants, marketing, public relations, quality management. Uninformed sources. Friends of friends. Research and surveys. Special Interests. Researchers.

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The Big Picture of Business – Visioning Scope: Applying Vision Toward Your Organization’s Progress

Strategy Driven

I ask clients to do so without using the words: ‘technology,’ ‘sales,’ and ‘solutions.’ Technology is a tool, which feeds into tactics. Be sure that all sectors of the organization participate. The Visioning committee should represent all strata of the firm. About the Author.

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Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

In The Essential Advantage : How to Win with a Capabilities-Driven Strategy , Booz & Company’s Paul Leinwand and Cesare Mainardi maintain that success in any market accrues to firms with a coherence premium – a tight match between their strategic direction and the capabilities that make them unique. Let’s go after it.”

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Why CIOs Make Great Board Directors

Harvard Business Review

Only 31% of Fortune 100 boards currently have a director who is a CIO, even though technology is at the core of every business today. As Sheila Jordan, CIO at Symantec and director at FactSet, put it, “All companies are technology companies today. Technology is a lever to run the business, but also to change and grow.”

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The Big Picture of Business- Professional Education Necessary for Company Success

Strategy Driven

It is usually technical or sales/marketing in nature. Outside of 'think tanks' for company executive committees, full-scope education does not occur. Mentorship (which has seven levels) is a stairstep process of bettering all participants. They embrace technology, rather than ideas and concepts. Mentorship.

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Making Hospital Partnerships Work

Harvard Business Review

The assumption is that a merger will make it easier to achieve economies of scale, develop a large but narrow network of preferably healthy patients, establish data registries, and integrate expensive technology. Five main factors make our clinical partnerships work: Joint operating committees that meet regularly.