Can you improve a business process through individual productivity?

By rickColosimo / February 24, 2020 /

The Freakonomics authors wrote an interesting post describing the hidden cost of multitasking. The interesting point is the idea that focusing rather than juggling doesn’t speed up the last thing to get done but does get the first thing done sooner. In common parlance, focusing allows you to ship something sooner than trying to do…

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What does great mean?

By rickColosimo / February 17, 2020 /

Remember that there’s a difference between a great product, a great company, a great business, and a great investment. Depending on who you are and where you’re sitting at the table, you will need a different one of these at different times in your life. Inexperienced investors most commonly confuse the first two with the…

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DDA means use *detailed* data

By rickColosimo / February 17, 2020 /

I wrote this tweet in 2013, after seeing the McKinsey article on digging into details. Disaggregate data – take per-segment => per-customer analysis. @McKinsey catches up with @maprinci circa 2007 http://t.co/vi4bsVbCdS — rickcolosimo (@rickcolosimo) December 5, 2013 The world has been moving to big data, and at the same time executives keep trying to abstract…

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AI Review Isn't Enough

By rickColosimo / March 13, 2018 /

I just read Ken Adam’s post on AI review of legal documents. In the case of services that offer contract templates, if I don’t know who prepared a template, I’m not going to trust it. Even if I do know, I’ll be skeptical unless given good reason not to be. I had this exact comment…

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