We often want to change their lives, but sometimes we lack something and we can’t even understand what it is. But in this age of accessible information does not necessarily «reinvent the wheel» himself — you can use the experience of people who have already walked this path and achieved success. We offer you a selection of seven useful books for self-development.
1. Tina Seelig, «Make yourself»
This book will be useful primarily to those who want to create their business, maintain and develop: «Make yourself» provides not only practical advice, but also helps to learn to think in the right way — as I think true entrepreneurs. Continue reading
One blogger ZeroHedge has published the opinion of Dan Steinhart from Casey Research. Now in the possession of American corporations is more money than any other period since the Second World war. Not counting, of banks, of course. It comes to non-financial corporations, i.e., those that sell goods and services. These companies keep the 1.4 trillion. dollars. In absolute terms, it’s a record.
As investors, we can conclude that the inability (or unwillingness) of the corporations to use their money. This can only mean one thing – the business took a defensive position.
Cash, of course, are a kind of protection against uncertainty, which leads to slower business for any reason. Management wants to maintain a healthy reserve of cash with which it can pay the bills and stay afloat, if suddenly there will be something unexpected. I think many will agree with me, because it is reasonable and good business practice. Continue reading
Over the past 10 years, the flow of digital data in the world has increased significantly. Now 2 days mankind produces as much information as was created from the beginning of civilization until 2003. International consulting firm McKinsey &Company suggests that the usual big company today produces about 200 terabytes of information: data about customer purchases, transactions with suppliers, information about financial transactions. In fact, the annual volume produced by American companies, would be enough to completely fill ten thousand Libraries of Congress.
These huge amounts of data require careful analysis. In a changing market where trends change extremely fast, and the behavior of consumers is difficult to predict in traditional ways, companies are turning to Big Data. Technology analyze huge volumes of structured, unstructured and metadata, allows you to develop complex computer models to identify existing patterns and conduct various simulations. Continue reading