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From Cost Center to Profit Center: Revisiting the Value of Today’s Service Centers

Jun 22, 2017 | Artificial Intelligence, Strategy

A 2016 study by the World Economic Forum estimates that the Fourth Industrial Revolution will lead to the loss of over five million jobs in 15 developed countries. This report projects that these labor cost savings will result from redundancy, automation, or disintermediation enabled by cutting-edge digital technologies like Artificial Intelligence, Machine Learning, and Robotics. What’s particularly noteworthy is that the majority of these job cuts aren’t anticipated in the manufacturing area, but in the office and administrative functions. Surprising? Not really.

Strategy in action: The true value of strategy frameworks

Mar 19, 2015 | Best practices, Strategy

Strategy frameworks are often thought of as a theoretical concept that is used for post-hoc case studies and business reviews. However, when understood and properly used, they prove to be much more than that. In fact, they are practical means that help you to structure and solve business problems in an easy way that is understandable to all your stakeholders.