Many businesses are experiencing serious revenue loss due to the corona virus crisis. Instead of just waiting it out, however, some may look for ways to pivot into areas that might bring new revenue to replace what has been lost.
For example, Continue reading “Avoid Common Traps in Crisis Related Plans to Pivot the Business” »
In a world dominated by the crisis of the corona virus, we hear about the uncertainties associated with trying to predict the trajectory of the outbreak. Mathematical models are used to forecast the number of cases as well as the number of deaths. Those models are used to Continue reading “The Current Crisis Suggests Lessons for AI (Artificial Intelligence)” »
We are in an era when more and more businesses aspire to data driven decision making. As companies strive to be more data driven, interest in AI (artificial intelligence) and Big Data is high. Yet, other smaller scale research studies that Continue reading “Two Research Studies–Contradictory Findings–What Might It Mean? (CEO Tenure Example)” »
With the threat of potential disruption, many companies today face pressure to change. As a result, companies may lean toward relatively quick action. Their actions may be driven by a Continue reading “How Important Is the Risk of Doing Nothing?” »
As technology changes, companies must determine how to incorporate the latest digital advances into their business. A recent article discussed how Walmart is revamping its digital strategy. Valuable lessons about digital strategy can emerge from analyzing and dissecting what this article presents. Continue reading “Digital Lessons from Walmart” »
