Every day I see news reports of financial organizations and consumers falling victim to yet another payment fraud scheme. Whether it is through a card, wire, online banking or another channel, fraudsters are becoming much more savvy in the way they attack. Financial organizations need to rethink their arsenal of
In a thought-provoking keynote speech at The Premier Business Leadership Series in Berlin, Soumitra Dutta asked, "Are we born to innovative?" The answer, according to Dutta and a majority of hands raised in the audience is, Yes. Children, for example, experiment, ask questions, observe and tolerate a high-level of risk,
In 1897 a reporter was sent to determine if Mark Twain might have died since some rumors had been circulating to that effect. This prompted Twain to make his famous statement that “the report of my death was an exaggeration.” In 1907, the New York Times speculated that he had
I was thinking the other evening about the various types of business models and especially on the nature of lasting competitive differentiation (yes, I know, I really should get a life). It's all the fault of Tom Davenport's writings on 'Competing on Analytics', I keep getting inspired by it. So, here
I am currently working on a ‘hobby project’ – a thesis about what might follow on from Corporate Darwinism. You don’t have to believe in the theory of evolution via natural selection, but the metaphor, when applied to capitalist economies and especially in competitive business, is too attractive to pass
I recently had the opportunity to attend a Community Success Forum on the topic of our water supply in North Carolina. The drought of 2007 catapulted state water management issues high on all public officials priority list. The state climate office said that 2007 was the worst drought on modern
(editor's note: our first guest post comes from SAS Strategist Gary Cokins.) I don’t know why I was recently surprised to see tangible evidence of performance management applied by public sector organizations. I know that its components – such as strategy maps, balanced scorecards and activity-based costing – are common
