Written by Ikhlaq Sidhu UC Berkeley and Paris del E’traz, IE Business School. We have identified two types of mindsets that exist in firms today.  One mindset is the traditional one that believes that success is based mostly on building superior products and services and that customers will automatically follow. The other mindset is based on…

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What’s Golf Got to Do With It? Our ability to deliver on the promises of AI, data, and other digital transformations is key to our national agenda and global security.  Just imagine what would happen if another, less friendly nation educates more people to readily develop these technologies. It’s pretty much the same as losing…

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by Ikhlaq Sidhu & Alexander Fred-Ojala Current Situation: Blockchain is an Emerging Technology With a Significant Promise In 2009, a previously unknown cryptographer by the name of Satoshi Nakamoto introduced a mysterious new digital currency to the world.  Ignored by the traditional finance industry, Bitcoin gained popularity quietly on the Internet and now is considered the…

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Artificial Intelligence (A.I.) is currently one of the most popular topics in industry, academia, and the press, with seemingly endless applications in everything from matchmaking to self-driving cars. Tesla, Google, and many others have demonstrated that even today, these algorithms have an awesome power in that they make it possible for machines to emulate what…

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I’d like to start by congratulating all the teams that participated in our first Data-X course this spring. We just watched the final presentations, and it has been a great experience. Three months ago, we were just introducing the basic frameworks. And now, by the end of the semester, the projects have included running code…

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I just got back from New Zealand two weeks ago. It is amazing what is happening there in the area of entrepreneurship and innovation. My role has been to participate in a committee that can allocate up to $30M per year to aid universities in NZ to change the entrepreneurial culture of their faculty. New…

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  As we discussed in earlier posts, firms like Amazon, Apple, Google, and many others are shining examples of companies that have successfully transformed and adapted over the past decade. In fact, most firms today realize they need to adapt in similar ways or face disruptive pressures themselves. But here is the problem: While most…

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