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The Leadership Blind Spots at Wells Fargo

Harvard Business

The post-scandal scrutiny of Wells Fargo’s culture has so far focused on the high-pressure sales environment that drove employees to create as many as two million fake accounts. The bank has since fired 5,300 employees for the illegal behavior and eliminated retail bank sales goals entirely. But the fallout is far from over.

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AI in Consulting: The Beginning of a New Era

Tom Spencer

For example, by analysing large amounts of data, such as historical sales, weather, and social media data, machine learning algorithms can identify patterns that can be used to predict future customer demand and inventory levels. This will be useful in the retail industry where accurate sales forecasts are critical to success.

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Managers Aren’t Doing Enough to Encourage Whistleblowing

Harvard Business

The Wells Fargo fake accounts scandal drew a lot of media attention, particularly around the intense pressure on staff to meet sales goals. Several Wells Fargo employees alleged that they had surfaced concerns about the pressure to meet impossible sales targets at branch offices.

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Capgemini Consulting Interviews – Tech, Business or Both?

Management Consulted

There are also 4 board committees (Audit committee, Selection & Compensation Committee, Ethics and Governance Committee, Strategy & Investments Committee) that write resolutions, draft proposals and offer opinions to the board of directors. Social Media: Facebook. The board committees have no decision-making authority.

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When AI Becomes the New Face of Your Brand

Harvard Business

As brands assume more and more AI functionality, businesses must proactively manage any potential ethical and legal concerns. And then there are ethical challenges. But what are the ethical issues of potentially collecting photos of barely dressed consumers?

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Like It or Not, “Smart Drugs” Are Coming to the Office

Harvard Business

After the study was published, media reports began to refer to Modafinil as the world’s first safe smart drug. ADHD medication sales are growing rapidly, with annual revenues of $12.9 The issue of smart drugs is rife with ethical and business dilemmas. billion in 2015. The Big Questions.

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Real-World Examples of AI in Management Consulting

Tom Spencer

AI-powered tools, such as natural language processing (NLP) and machine learning (ML), are able to generate valuable insights from unstructured data, such as customer reviews and social media posts. This can help consultants to develop strategies by identifying areas of improvement and potential growth opportunities.