The ACS Blog
Recognizing excellence on the web at fivethirtyeight.com (“Electoral Projections Done Right”) and from Substance, Inc., developers of ACS’ new website.
“Darn right it was the predator [sic] lenders.” There’s a lesson there, a lesson we can use to help us move forward. However, the lesson has nothing to do with predators, lenders, lending, crises, or governors. It has to do with solving problems effectively, guarding against easy and satisfying assumptions.
The CI Foundation has published a new book, Starting a Competitive Intelligence Function. A chapter in the book, “You’ve Got the Data. Now What?”, was written by ACS Founder and CEO Mark Chussil. View the blog post for links to the book and the chapter.
The Society of Competitive Intelligence Professionals, Oregon chapter, interviewed ACS Founder and CEO Mark Chussil. You can read the interview, a wide-ranging discussion about strategic thinking and business war-gaming.
There are many advantages to Honda’s flexible factories. In a mass-production industry, where does the idea of flexibility come from?
What does your strategy development have in common with the financial crisis? And why did smart, self-interested, experienced people decide to buy and sell complicated financial instruments, risk so much on unsupportable assumptions, and let the inmates run the asylum?
You’re no longer a “manufacturer” or “retailer” or “Internet company” or “designer”…unless that’s how you see yourself, in which case make sure that’s a box you want to live in (if you want to live in a box at all).
Data mining is the unleashing of massive computer power on massive consumer databases to look for patterns that managers can use. The work takes place with silicon, copper, and iron oxide, but it depends first on carbon: on how we humans think.
We think extrapolation is self-evidently defensible, and it is merely on-the-surface defensible. It falls apart when things get interesting, which is precisely when we need help the most… and precisely when we are most vulnerable to bad advice.
Although this post seems superficially about stock-market investments, it really isn’t. It applies equally to virtually any competitive-strategy decision.