SourceCast: Episode 35: Living with your decision
News You Can Use: 8/3/2016
- AI and machine learning on social media data is giving hedge funds a competitive edge
Morse said sentiment derived from consumers about certain brands, which can also impact equity prices, is a new twist on the subject currently being explored and which we can expect to see a lot of in the future. Twitter can also gauge macro and geopolitical factors he said, citing a study last year which showed Twitter data predictive of unemployment levels in the US.
StockTwits, which provides real time commentary on individual companies, was the inventor of the cashtag, adopted by Twitter over time.
- This American Life: Choosing Wrong
Stories of people making the wrong choice, even though the right one is staring them squarely in the eye. Basketball players making a conscious decision to not do the thing that makes them better, pollsters refusing to see the truth of Donald Trump, and more.
This was a great podcast about doing the wrong thing and why it happens. Totally worth a listen.
http://www.thisamericanlife.org/radio-archives/episode/590/choosing-wrong
- The Government Buys $2 Trillion Worth of Stuff Every Year. Here Are 5 Ways To Do It Better
Promote smart risk-taking and innovation:
Almost all interviewees agreed that the procurement workforce’s contribution to solving complex problems is limited by a risk-averse, change-resistant orientation. Agency leaders must encourage creative problem-solving and invest in training and recruitment that promotes this approach. - Why I quit often…
”Now that you change jobs often, your resume looks like the sponsor page @ a fundraiser.” I get this often from prospective employers and and colleagues. It’s the elephant in the room…and I get it. It looks bad. They want to know: Why can’t you just keep a job? Stop jumping ship! My response is complicated. I don’t want to keep quitting. I don’t enjoy changing health plans every year, remembering more system login’s and passwords or proving myself over and over again – It’s not easy, trust me. It’s exhausting – but I need to be motivated and do what’s best for me. Similarly, you need to drive your career and once you surround yourself by motivated people, things will happen – for everyone.
- Supply chain problems can be solved through professionalization, innovation, speed
“The challenge we all face is that the rate of change is accelerating, often not in our direct control but with major consequences for our businesses. Global and local challenges are at the heart of competitive strategy and all institutions are being forced to confront them in an increasingly efficient and innovative way. The supply chain industry is at the center of operations in most industry value chains and therefore has a vital role to play.”
Photo: dan carlson