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7 Steps to Problem Solving

Skip Prichard

New business models are rapidly emerging from revolutionary Internet, machine learning, and bioscience technologies that threaten the status quo in every field. Technology change is speeding business up and providing an edge for disruptive innovators. 2: Disaggregate. 7 Steps to Problem Solving. 1: Define the problem.

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How Demand Forecasting Can Boost Business Efficiency

Strategy Driven

Businesses use all kinds of tools and technologies to implement these methods, from relatively simple research surveys to complex data modeling tools. Break down demand by demographics, product lines, regional differences and any other statistical segments that matter.

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From Zipcar to the Sharing Economy

Harvard Business Review

True, they pioneered the creative use of technology to open up flexible new ways of renting a car. Accompanying these peer economy companies are others (like Zipcar) which simply leverage technology and lower transaction costs to make flexible renting a viable alternative to asset acquisition.

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The 3 Ways Work Can Be Automated

Harvard Business Review

But just when we’ve sorted out preferred management routines, there is an entirely new landscape emerging with technology options central to the work and possibly your business model: work automation. How, when, and where should leaders be thinking about applying the various automation technologies to their businesses?

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5 Questions That Will Help You Stay Ahead of Your Disruptors

Harvard Business Review

They see disrupted incumbents from retail, finance, health care, transportation, professional services, and manufacturing requiring radical restructuring of assets, productivity , and innovation. Ironically, analysis revealed that several processes intended to boost employee productivity led to dissatisfied customers making multiple calls.

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How To Really Measure a Company's Innovation Prowess

Harvard Business Review

MIT Technology Review didn't pick a winner, but on its recent list of top 50 "disruptors," the magazine mixed stalwarts such as General Electric and IBM with up-and-comers, Square and Coursera. So it began disaggregating return on equity into three components. The editors of Fast Company say Nike.

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How To Really Measure a Company's Innovation Prowess

Harvard Business Review

MIT Technology Review didn't pick a winner, but on its recent list of top 50 "disruptors," the magazine mixed stalwarts such as General Electric and IBM with up-and-comers, Square and Coursera. So it began disaggregating return on equity into three components. The editors of Fast Company say Nike.