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An algorithm for business success

algorithm for business success

Imagine an algorithm that could tell you when your company needs a new business model or when it should enter a new market.

The bad news? It doesn’t exist. The good news? Something almost as significant has emerged.

Writing for Harvard Business Review, Martin Reeves, Ming Zeng and Amin Venjara suggest a way organisations can apply algorithmic principles to make “frequent, calibrated adjustments to their business models, resource allocation processes, and structures – without direction from the top”.

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Credits:
Source Article: The Self Tuning Enterprise
Author(s): Martin Reeves, Ming Zeng and Amin Venjara