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Twilight of the IT Consultant? Don’t Hold Your Breath

To paraphrase Mark Twain, reports of the demise of the IT consultant have been exaggerated.

Traditionally, two roles have been associated with consultants: Superman, the expert who can do it faster and/or better than anyone else; and Prometheus, who brings the fire of innovation to the ambitious enterprise. In the realm of information technology in particular, neither of these roles is going to disappear. Indeed, … [ Read more ]

Content: Article | Author: Glover T. Ferguson | Source: Outlook Journal (Accenture) | Subjects: Industry Specific, Trends / Analysis | Industry: Consulting

A New Strategy for Venture Investors: Hedge

It’s the venture capital investor’s rule of thumb: Nine of every 10 investments will not make money. If all goes well, the 10th will make enough money to exceed all the losses. Given these odds, investors are always looking for ways to increase returns from their winner. Bill Hilliard and Charles Baden-Fuller, visiting scholars at Wharton’s Sol C. Snider Entrepreneurial Research Center, believe they have … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subjects: Industry Specific, Venture Capital

Public and Private sectors: who’s learning from whom?

Throughout the 1980s and 1990s conventional wisdom increasingly had it that the ‘commanding heights’ should be controlled by the private sector. Privatisation flourished almost everywhere – and where it didn’t, ‘market driven’ solutions have been widely employed to deliver public services.

But what have we learnt from privatisation? Has it been a success – or were expectations overblown?
Is the public sector really lagging in … [ Read more ]

Content: Article | Author: Various | Source: European Business Forum (EBF) | Subjects: Industry Specific, Miscellaneous | Industry: Government

Open Source, Part 2

A second generation of open-source tools such as databases and app servers is winning business converts. But do they have the innovation and influence to prosper?

Content: Article | Author: Charles Babcock | Source: InformationWeek | Subjects: Industry Specific, IT / Technology / E-Business | Industry: Software

Interpersonal Effects in Consumption: Evidence from the Automobile Purchases of Neighbors

Much research has been devoted to what is often called herding behavior. This is the idea that investors trade just because others are trading. This is often cited as evidence of irrationality by finance behavorialists. (Is that a word? It should be!) Grinblatt, Keloharju, and Ikaheimo examine this type of behavior by looking at car purchases. No, really. … [ Read more ]

Content: Article | Authors: Mark Grinblatt, Matti Keloharju, Seppo Ikaheimo | Source: Social Science Research Network (SSRN) | Subjects: Finance, Industry Specific | Industry: Investing

Improving the Medicine Supply Chain: An Imperative for Public Health Care

Medicines play an important role in public health care programs, saving lives and drawing people to health facilities, where they can also receive preventive treatment. Medicines can also help keep health care costs down. Many insurance carriers would rather pay for drug treatment than for potentially risky and more expensive surgery. And the cost of complications from not treating illness with medicine in the early … [ Read more ]

Content: Article | Source: Kearney | Subject: Industry Specific | Industry: Healthcare

Nicholas Carr: Spend Less on IT

Forget IT innovation and investment. Executives must now rely on risk management and cost control. An excerpt from Nicholas G. Carr’s new book, Does IT Matter?

Content: Article | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Industry Specific, IT / Technology / E-Business | Industry: Information Technology