Nate Silver “The Signal and the Noise: Why So Many Predictions Fail—But Some Don’t”

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Nate Silver, a statistician and political forecaster at The New York Times, first achieved fame in 2008, when his forecast for the US presidential election proved more accurate than most mainstream polls. He repeated this feat again in 2012, when he successfully predicted the election results in all 50 states. In “The Signal and the Noise”, Silver examines a variety …

Top 10 Blog Posts of 2012

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2012 has been a challenging year for many businesses. A difficult economic climate coupled with huge pressure to cut costs, forced many finance leaders to substantially alter their business strategies. As a result many new and innovative cost transformation techniques were developed. 4C Insights kept on top of the latest trends and best practice solutions to emerge throughout the year.  …

“The Amazon Economy” – a look at the latest from the FT’s eBook series

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In this compilation of articles and insights, a selection of writers from the Financial Times examine the inner workings of one of the most influential companies in existence. In the space of nine articles, The Amazon Economy touches on subjects ranging from disputes with publishers through to warehouse management techniques. The eBook is scattered with interesting statistics and anecdotes about the functioning …

Reverse innovation – book review

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As much of the global economy continues to evolve in a difficult environment, the notion that innovation stems from the more developed nations is increasingly inaccurate. The term “Reverse Innovation” refers to an innovation which has its roots in the developing world but is eventually embraced across the globe.In Reverse Innovation, Vijay Govindarajan and Chris Trimble encourage businesses to focus …

“Buying for business” – book review

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First published in 2004, Christopher Barret and Mark Whitehead’s “Buying For Business” provides a comprehensive look at the issues facing purchasing and supply management professionals. The book is not meant as a definitive guide to the area but rather as an introduction or “refresher”, aimed at new entrants to the profession and curious outsiders.The first part of the book focuses …

“The end of lawyers?” – A look at Richard Susskind’s legal bestseller

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Widely acclaimed by academics and legal professionals alike, Richard Susskind’s bestseller explores the potential impact of numerous recent developments on the legal profession. Susskind was one of the first to consider the possible ramifications of information technology, communisation, outsourcing and external investment on the legal profession. “The End of Lawyers?” envisages a bleak future for those who refuse to embrace …