Remove Constraint Remove Incentives Remove Marketing Remove Technology
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Applying Deming’s Management Ideas at the Great Plains Coca Cola Bottling Company

Deming Institute

Bob provides an overview of inventory (they use Just in Time inventory methods to create efficient processes and systems) and typical financial metrics to examine how their business has done using Deming’s ideas (along with theory of constraints ). If we had better technology would we know what to do with it?

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How GDPR Will Transform Digital Marketing

Harvard Business Review

This month will see the enforcement of a sweeping new set of regulations that could change the face of digital marketing: the European Union’s General Data Protection Regulation – or GDPR. Data-Driven Marketing. The GDPR will force marketers to relinquish much of their dependence on behavioral data collection.

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How Competition Is Driving AI’s Rapid Adoption

Harvard Business Review

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). We know that technologies often take a long time to diffuse and to deliver benefits.

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Inequality Isn’t Just Due to Market Forces — It’s Caused by Decisions the Boss Makes, Too

Harvard Business Review

In it, the authors, both sociologists, made a compelling argument that, to understand labor market outcomes like inequality, it wasn’t enough to look at the supply and demand for individuals’ skills. However, any discussion of firms and wage inequality must not be limited to discussion of market forces. Related Video.

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When Companies Want to Innovate, But Investors Won’t Let Them

Harvard Business Review

Businesses understand the power of digital innovations to reshape industries and markets. Yet, time and again, they have struggled to innovate with new and disruptive technologies. Clayton Christensen and others argue that an incumbent’s failure has little to do with the newness or complexity of the technology.

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The More Climate Skeptics There Are, the Fewer Climate Entrepreneurs

Harvard Business Review

Higher carbon taxes would have a direct effect on encouraging households and firms to consume less fossil fuels and would accelerate directed research in green technologies such as electric vehicles, solar panels, and other forms of renewable power. They ensure that would-be climate entrepreneurs have less incentive to invent.

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Will Personalized Medicine Mean Higher Costs for Consumers?

Harvard Business Review

Consequently, if we want new medical innovations to be financially viable for the patients who need it most, health insurance markets need to be regulated to eliminate the perverse financial incentives that limit patients’ coverage. Insurance markets are failing to deliver. First, a little background. Insight Center.

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