As the new millennium dawned, the data-driven paradigm that emerged in the 1990s had become firmly entrenched in corporate America. Organizations across industries were collecting, analyzing, and acting on data at an unprecedented scale. However, as with any transformative shift, the rise of data-driven management brought with it a host of unintended consequences and ethical challenges. This article explores the darker side of the data revolution, examining the limits of metrics-based management, the human cost of extreme efficiency, and the emerging ethical dilemmas of the data age.
Read MoreDigital Transformation in Insurance: Overcoming Legacy Challenges
The insurance industry is experiencing a digital revolution. As customer expectations evolve and new technologies emerge, insurers are under increasing pressure to undergo digital transformation. However, legacy systems and outdated processes present significant hurdles for many companies. This blog post will explore the challenges of digital transformation in insurance, highlighting real-world cases and offering strategies to overcome common obstacles.
Read MoreGREAT SPEECHES: IF RUSS ACKOFF GAVE A TED TALK
This presentation is from a 1994 event hosted by Clare Crawford-Mason and Lloyd Dobyns to capture the Learning and Legacy of Dr. W. Edwards Deming. Russ knew Dr. Deming and speaks here about the difference between "continuous improvement" and "discontinuous improvement" as seen through the lens of systems thinking.
Read More