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The U.S. Can’t Count on Technology to Revive the Job Market

Harvard Business Review

These have multiple causes including the shift of the economy to services and information-intensive activities, productivity growth, the appearance of new products and services, demographics, and continued offshoring that now includes services ranging from call centers to medical procedures. Technology to the rescue?

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business Review

Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market.

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Why HR Really Does Add Value

Harvard Business Review

Adding legitimacy to this skepticism are new technologies that enable automation of routine transactions, offshoring and shared service organizations that specialize in managing many tactical elements of HR. This is a role that cannot be automated, shared as a service, offshored or outsourced.

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Move Your Analytics Operation from Artisanal to Autonomous

Harvard Business Review

I view machine learning as any data-driven approach to explanations, classifications, and predictions that uses automation to construct a model. The computer constructing the model “learns” during the construction process what model best fits the data. Harnessing the power of machine learning and other technologies.

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How Industrial Systems Are Turning into Digital Services

Harvard Business Review

Yet even though SKF has a century-long track record of keeping the wheels of industry turning, this new vision of bearings with brains by no means assures that SKF will prosper in the changeover in technology represented by the internet of things, in which every conceivable object can become a node on the net. Insight Center.

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Sometimes Colleagues Are the Best Coaches

Harvard Business Review

Faced with rapid evolution in their industry, the executive team of a large energy company had decided to transform their solid but complacent organization into a high-tech, sustainability-oriented firm, a key element of which was the completion of a multibillion dollar offshore energy project. Open, constructive communication was missing.

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Is Digitization Abetting the Jobless Recovery?

Harvard Business Review

These include continued stagnation in the construction and finance industries (which employed so many people when times were better), globalization and outsourcing, and the fact that job growth almost always lags other measures of health as an economy emerges from recession. A great many reasons have been offered for the jobless recovery.