Tag Archives: forecasting

“History runs in cycles” – does it?

I’ve been thinking and blogging about the ‘fourth industrial revolution’ (i4.0) recently.  In our book, we discuss how operations and processes evolved through three eras – craft, mass production, and strategic (pages 60-65).  So in our second edition, i4.0 will … Continue reading

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How selfies have boosted industry sales by £55 million – but which industry?

You’d think it was smart phone or social media companies that have gotten a boost from selfies wouldn’t you?  They probably have.  But this recent tweet from The Grocer caught my eye – ‘Cosmetic industry sales boosted by selfies’.  Of course, … Continue reading

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National Trust – five years on

The National Trust is an interesting operation, or rather set of operations, to blog about.  It faces various challenges not typically found in commercial businesses. It relies very heavily on membership and donations to help support its work, although it … Continue reading

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The utility of big data, forecasting and research

I enjoyed Martyn Jones’ (no relation) blog on the Contradictions of Big Data.  He argues that the digital economy’s ability to generate a large amount of wide ranging data very quickly (so-called high volume, variety and velocity) does not change how … Continue reading

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Energy up to 2035

Energy has a significant impact on many operations – in terms of its availability, its cost and its environmental impact.   This month BP have published their annual report on energy usage and its forecasts up to 2035.  This link take you to … Continue reading

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How to improve your forecasting

There have been reports/blogs recently about a ‘geopolitical forecasting tournament’ which lead to the winning team publishing a research paper on why teams are better at forecasting than individuals (see here).  That lead me to look in more detail at … Continue reading

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Occupations that are projected to decline

CareerCast analyses data produced by the US Bureau of Labor Statistics and identifies the 10 occupations that are declining in  numbers most rapidly (see their web page here).  Their list is interesting because the reasons for their decline are not … Continue reading

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2020 – cyber systems driving change

The last of Deloitte’s six drivers of change are “cyber physical systems” (here). Drones – we have blogged previously about unmanned aerial vehicles (UAV), sometimes  sceptically.  But it is forecast that by 2020 the UAV market will be a $11.3 … Continue reading

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2020 – digital technology as a driver of change

Four aspects of digital technology drive change, according to Deloitte (here), all of which we have blogged about in the last few months. Mobile technology – the adoption of wearables will continue wireless traffic’s double digit growth. Cloud computing – … Continue reading

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2020 – societal drivers of change

Demographic and economic drivers of changes are accompanied by changes in people’s expectations and how they live their lives (explained here on DUP’s interactive website).  Deloitte identify seven such drivers. No more privacy – consumers will become much more open … Continue reading

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