Introduction Value for Money (VfM) analysis helps governments decide whether it is more cost-effective to do a project through traditional procurement, or through PPPs. State government financial departments, project teams, and senior management can run this type of simplified VfM analysis with the help of a few consultants in order to select the ideal type … Continued
This article summarizes how prescriptive analytics techniques are used in practice by retirees to maximize retirement portfolio longevity. The authors then contribute to this applied research by assessing how the SECURE Act affects the value of a retiree’s bequest.
A look at how a large company strategically handles competitive rivalry in order to provide practitioners with important lessons of how to strategically thrive in a competitive environment.
One of the critical components of financial statements is the audit report. While audited financial statements are not perfect they should be “good enough” that the informed investor, having read the financial statements, has enough data to make knowledgeable decisions based on the firm’s history and its management’s handling of finances.
The Digital Age has the potential to be as disruptive and transformative for us as the Industrial Revolution was for our ancestors; that disruption could threaten our capitalist system and our democracy.
Rapid technological development in AI has led to speculation of a catastrophic demise of the auditing profession. The primary weakness in this use of AI for auditing is that machines initially learn from flawed systems: humans.
To support startups and new ventures in the digital space, ICOs and STOs have the potential to streamline, decentralize, and disintermediate the capital raising process, creating advantages for both entrepreneurs and investors.
Researchers, in striving to understand rational decision making, have often attempted to capture algorithmic calculations of how decisions are made.
A frequent question from potential investors is, “How much of your own money have you invested?” A question that kills many an entrepreneur who does not understand how to answer it.
The potential for anti-competitive behavior and collusion not only exists within ecosystems, but also across ecosystems and Keystone leaders, and has the potential to not only negatively impact consumers, but also many other stakeholders of these organizations.
The once highly successful airline industry’s challenges and problems typify the difficulties being faced by many other industries as well.
The National Highway Traffic Safety Administration has defined five distinct levels for self-driving AVs, which range from controlling specific tasks such as parking and braking (level 1) to where the vehicle is fully autonomous with no steering wheel or other human controls (level 5).
Often, a company’s competitive advantage depends on how intelligent the firm is at observing and interpreting the dynamic world context in which it operates.
Living in a complex world and moving into the smart machine age, the need for good leadership is even greater; spiritual leadership provides a compass to navigate through difficult decisions.
Major shifts are required in leadership awareness and in how organizations are run and managed in order to solve the complex issues facing today’s business.