Big Data and Analytics, Digital Strategy

Airbnb: Lessons on Digital, Start-ups, Big Data and Disrupting Markets

13 Jan , 2016  

Airbnb: Lessons on Digital, Start-ups, Big Data and Disrupting Markets

When Airbnb began as a means for its founders to rent out their air mattress (hence the air in Airbnb) few predicted that it would transform the real estate rental market. By now, Airbnb is a legitimate means for selecting rooms or houses for rent in many markets. As an example of the success and […]

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Leadership, Risk Management

Risk Predictions for the New Year and Interesting Business Cases in 2016

9 Jan , 2016  

Risk Predictions for the New Year and Interesting Business Cases in 2016

Risk Predictions for the New Year and Interesting Business Cases in 2016 With 2016 just about a week old, I would like to share some risk issues that are interesting to consider in 2016. Federal Reserve Interest Rate Increase Although delayed many times, the Federal Reserve did finally increase the benchmark interest rate.[1] However, inflation […]

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Big Data and Analytics, Risk Management

Lessons on Big Data, Risk, and the Vertical Integration of Wearables and Startups

4 Dec , 2015  

Lessons on Big Data, Risk, and the Vertical Integration of Wearables and Startups

Lessons on Big Data, Risk, and the Vertical Integration of Wearables and Startups It is amazing how quickly the world of health sensors and wearables has developed. In just a few years, we have seen the wearable market explode with Fitbit, Jawbone, and Apple commanding healthy shares of the overall market that delivered some 70 […]

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Big Data and Analytics, Risk Management

Learning from Hurricanes: Big Data Analytics, Risk, & Data Visualization

27 Nov , 2015  

Learning from Hurricanes: Big Data Analytics, Risk, & Data Visualization

Learning from Hurricanes: Big Data Analytics, Risk, & Data Visualization With the destruction of hurricane Harvey in Houston, the memory of Katrina, Sandy, and Andrew hitting large metropolitan areas, it is worth considering the analytics and data behind hurricane risk. Data shows periods of high activity and then periods of low activity. In 2015, Florida […]

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Digital Strategy, Innovation

Uber-fication: Lessons from Uber in Economics, Digital, Risk, and Analytics

22 Nov , 2015  

Uber-fication: Lessons from Uber in Economics, Digital, Risk, and Analytics

With the continued growth of Uber in many markets, it is worth considering what Uber has done that drives such success and why so many businesses are seeking an Uberization or Uber-fication  solution to their business. Below is a listing of lessons on what to do if you are seeking to Uber-ize your business model. […]

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Big Data and Analytics, Digital Strategy

IBM’s Big Bet on Big Weather Data: A New Data Strategy

8 Nov , 2015  

IBM’s Big Bet on Big Weather Data: A New Data Strategy

IBM’s Big Bet on Big Weather Data: A New Data Strategy The move by IBM to acquire the Weather Channel is a great example of how IBM is transforming Big Data to Big Profits. In the above figure, IBM plans to predict hail storms and help car owners and insurers avoid expensive and often avoidable […]

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Global Insights, Leadership

Understanding China’s One-Child Policy Shift: Big Demographic and Economic Changes Ahead

29 Oct , 2015  

Understanding China’s One-Child Policy Shift: Big Demographic and Economic Changes Ahead

Understanding China’s One-Child Policy Shift: Big Demographic and Economic Changes Ahead Today, China announced that it is abandoning its 35-year policy of limiting families to only one child. This policy has become a demographic experiment unmatched in the history of the world. Owing to this policy on reproduction, China is experiencing many challenges and risks […]

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Big Data and Analytics, Innovation

Big Data Monetization Lessons from the Sharing Economy

29 Oct , 2015  

Big Data Monetization Lessons from the Sharing Economy

The rapid and impressive rise of Uber and Airbnb in revolutionizing the car service and lodging industries is a testament to the rise of the “sharing economy.” In the sharing economy, assets that are traditionally owned and utilized by a single person for a single purpose, such as a personal car or personal apartment, are […]

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Leadership, Risk Management

Risk Management Leadership Lesson: The Value of Trust in Operations

29 Oct , 2015  

Risk Management Leadership Lesson: The Value of Trust in Operations

Risk Management Leadership Lesson: The Value of Trust in Operations In business and life, we grow to expect certain things. Namely, our society expects companies to produce products that are safe and reliable. We go to Yelp and rail against restaurants that do not meet our expectation for service. However, large firms, when caught red-handed […]

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Leadership, Risk Management

Risk Management Leadership Lessons – The Importance of Focusing on Operational Risk

10 Oct , 2015  

Risk Management Leadership Lessons – The Importance of Focusing on Operational Risk

The Volkswagen case shows us a contemporary case of what can go dramatically wrong when an enterprise does not focus on its operational risk. Worse, it shows what happens when a lack of leadership and presence of cheating overtake the virtues and values of the firm. Operational risk is a major concern for many firms […]

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