A bold challenge to our obsession with efficiency–and a new understanding of how to benefit from the powerful potential of serendipity
Algorithms, multitasking, the sharing economy, life hacks: our culture can’t get enough of efficiency. One of the great promises of the Internet and big data revolutions is the idea that we can improve the processes and routines of our work and personal lives…
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Author : Edward Tenner
Genre : Business & Economics
Summary : A bold challenge to our obsession with efficiency—and a new understanding of how to benefit from the powerful potential of serendipity. Algorithms, multitasking, the sharing economy, life hacks: our culture can't get enough of efficiency. One of the great promises of the Internet and big data revolutions is the idea that we can improve the processes and routines of our work and personal lives to get more done in less time than we ever have before. There is no doubt that we're performing at higher levels and moving at unprecedented speed, but what if we're headed in the wrong direction? Melding the long-term history of technology with the latest headlines and findings of computer science and social science, The Efficiency Paradox questions our ingrained assumptions about efficiency, persuasively showing how relying on the algorithms of digital platforms can in fact lead to wasted efforts, missed opportunities, and, above all, an inability to break out of established patterns. Edward Tenner offers a smarter way of thinking about efficiency, revealing what we and our institutions, when equipped with an astute combination of artificial intelligence and trained intuition, can learn from the random and unexpected.
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Author : Niklas Modig
Genre : Business logistics
Summary : This book is relevant to any kind of business and is currently being used by a number of multi-national companies, including AstraZeneca, Ericsson, Scania and Volvo.
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Author : Niklas Modig
Genre : Business logistics
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Author : Blake Alcott
Genre : Business & Economics
Summary : The Jevons Paradox, which was first expressed in 1865 by William Stanley Jevons in relation to use of coal, states that an increase in efficiency in using a resource leads to increased use of that resource rather than to a reduction. This has subsequently been proved to apply not just to fossil fuels, but other resource use scenarios. For example, doubling the efficiency of food production per hectare over the last 50 years (due to the Green Revolution) did not solve the problem of hunger. The increase in efficiency increased production and worsened hunger because of the resulting increase in population. The implications of this in todays world are substantial. Many scientists and policymakers argue that future technological innovations will reduce consumption of resources; the Jevons Paradox explains why this may be a false hope. This is the first book to provide a historical overview of the Jevons Paradox, provide evidence for its existence and apply it to complex systems. Written and edited by world experts in the fields of economics, ecological economics, technology and the environment, it explains the myth of efficiency and explores its implications for resource usage (particularly oil). It is a must-read for policymakers, natural resource managers, academics and students concerned with the effects of efficiency on resource use.
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Author : Shortcut Edition
Genre : Business & Economics
Summary : * Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. By reading this summary, you will discover how to better define the contours of what Lean is. You will also discover that : a Lean operational strategy must focus on the efficiency of flows; each company context calls for its own specific operational strategy; the transformation of the company towards Lean takes place at several levels; the implementation of Lean is never completely completed. Let's start with the examples of Monique and Pascale. These two women have in common the desire to discover the cause of a lump in their breasts. Monique will follow a classic medical path, alternating doctor's appointments and screening tests in a specialized laboratory. Her journey will last seventeen days. Pascale goes to a facility that promises her a diagnosis in one day, bringing all the steps of the process together in one place. These two examples illustrate two types of organizations, depending on whether they focus on using their resources or whether they focus on customer satisfaction. *Buy now the summary of this book for the modest price of a cup of coffee!
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Author : Philip McCann
Genre : Business & Economics
Summary : This forward-thinking book examines the potential impacts of the Covid-19 pandemic on productivity. Productivity and the Pandemic features 21 chapters authored by 46 experts, examining different aspects of how the pandemic is likely to impact on the economy, society and governance in the medium- and long-term. Drawing on a range of empirical evidence, analytical arguments and new conceptual insights, the book challenges our thinking on many dimensions. With a keen focus on place, firms, production factors and institutions, the chapters highlight how the pre-existing challenges to productivity have been variously exacerbated and mitigated by the pandemic and points out ways forward for appropriate policy thinking in response to the crisis.