Big Data and Analytics, Global Insights, Leadership
The US economy has hit a relative high note – low unemployment and high company evaluations. So, why are some places still hurting and not growing? The answer is tied to dramatically different plights and outlooks of Americans based on where we live. Our economies are really local. I believe these differences are rooted in […]
Analytics, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Visualization, Digital Economy, Economic Sciences, GDP, Location Based Services, Median Income, Microsoft, Real Estate Prices, Risk Management, Unemployment, Value of a College Degree
With the Thanksgiving holiday upon us, it is valuable to reflect on the origin of Thanksgiving and its importance for our nation and families today. Abraham Lincoln made his Thanksgiving proclamation on October 3, 1863, during the midst of the great Civil War. He knew division and the importance of reconciliation like no leader before […]
Abraham Lincoln, Crisis Management, Decision-Making, Decisons, Diplomacy, Disagreement, Leadership, Leadership lessons, Lincoln, President, Reconciliation, Recovery, Risk Management, Thanksgiving, US President
Big Data and Analytics, Leadership
Do You Live in a Bubble? 5 Lessons from the 2016 Presidential Election The 2016 Presidential election offers many valuable lessons. It shows that for many Americans, especially those in urban areas, there is a bubble. Living in a bubble is a challenge for sound decision-making and leadership. The lessons embedded in the surprising results […]
2016 Election, Analytics, Asymmetric Information, Big Data, Big Data Analytics, Big Data Polls, Clinton, Clinton Trump, Crisis Management, Data Analytics, Data Science, featured, Leadership, political polls, Polls, Presidential Election, Social Media Risks, Trump
Career Advice, Global Insights, Leadership, Risk Management
“If you can’t Measure it, you can’t Manage it. ” – W. Edwards Deming Each year, as a service to our students here at Northwestern University, I hold a special session showing new graduates how to make a personal financial plan. If you are not measuring your personal finances, you are not managing your personal finances. […]
economics, edward deming, edwards deming, featured, Federal Debt, GDP, government debt, Health Insurance, measurement, Personal Finances, Politics, Poverty, State Debt, US Debt, w edward deming
Fall is nearly here in Evanston, Illinois; the maples are turning orange and the summer is quickly cooling. In the coming weeks, we will welcome our new students to campus at Northwestern University. It is always an exciting time of the year. It is exciting to be part of the new journey that our students […]
Big Data, Career Advice, Career Advice for Data Scientists, Career Advice for MBAs, Career Advice in Analytics, Career Development, College, College Advice, Cost of College, featured, getting the most from an MBA, getting the most from college, MBA, MBA advice, MBA tips, Preparing for College, University advice, University tips
Amazon’s cloud services business (as part of Amazon Web Services – AWS) has been a great success and shows no sign of retreating. Amazon’s cloud computing business did exceptionally well in the fourth quarter of 2015, generating $687 million in profit on sales of $2.4 billion.[1] That is a business on track to generate $10 […]
Amazon, Analytics, Big Data, Big Data Analytics, Big Data Book, Big Data to Big Profits, Career Advice, Career Advice for IT, Career Advice in Analytics, Career Development, Chief Digital Officer, Chief Information Officer, CIO, Cloud, Cloud Computing, Data Analytics, Data Capture, Data Science, Digital Platforms, Digital Strategy, Future of CIO, Future of Cloud, Future of IT, Information Technology, IoT, IT, IT Career Advice, Microsoft, Microsoft Azure, Mobile
The 2016 Presidential Election has offered surprises and intrigue. It has also offered excellent examples of strategy at work. These lessons are most applicable to business, too. These are 7 important business strategy lessons from the election: Lead with a Simple and Direct Message: Trump has a very simple and direct tagline, “Make America Great, […]
Analytics, Authenticity, Brand, Business Strategy, Democrats, Disruptors, Economic Sciences, Elections, GOP, Growth, Hispanic, Hispanic Population, Latinos, Minorities, Politics, President, Republicans, Risk, Strategy, Trump
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 […]
Chipotle, Crisis Management, Deflation, economics, Enterprise Risk, ERM, featured, Federal Reserve, gas prices, Global Strategy, GM, interest rates, ISIS, Leadership, NFL, Operational Risk, Predictions for 2016, Rate Increase, Risk, Risk Management, Risk Strategy, Tesla, Underemployment, Unemployment, VW, Winning with Risk
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 […]
Africa, Aging, China, Data Risks, Demographics, economic trade, Global Affairs, Global Strategy, India, Inflation, International Business, Leadership, One child policy, Populations, Social Media Risks, Srategy, Winning with Risk Management
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 […]
Big Data Risks, Crisis Management, Enterprise Risk, ERM, Leadership, Operational Risk, Reputation, Risk, Risk Class, Risk Management, Risk Management Training, Risk Strategy, Strategic Risk, Toyota, Volkswagen