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A daily bite-size selection of top business content. |
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Quote: Eric Schmidt“It’s always possible that there are principles of the world that humans as a species cannot comprehend. What if the AI system comprehends them in some form?” Eric Schmidt
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Quote: Eric Schmidt“In our industry, this is a wave that is going to take over everything.” Eric Schmidt
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Quote: Mustafa Suleyman“As the printing press roared across Europe in the fifteenth century, the Ottoman Empire had a rather different response. It tried to ban it.” Mustafa Suleyman
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Quote: Mustafa Suleyman“Ask yourself, are you all in because this really is a transition moment, right, and I really think that we've sort of got enough evidence now ... I think that this is a moment to found companies, scale companies, you know - it's a moment to really pivot careers.” Mustafa Suleyman
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Quote: Mustafa Suleyman“Over time, then, the implications of these technologies will push humanity to navigate a path between the poles of catastrophe and dystopia. This is the essential dilemma of our age.” Mustafa Suleyman
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Quote: Jensen Huang“Software is eating the world, but AI is going to eat software.” Jensen Huang
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Quote: Jensen Huang“The most powerful technologies are the ones that empower others.” Jensen Huang
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Quote: Jensen Huang“Never stop asking questions and seeking answers. Curiosity fuels progress.” Jensen Huang
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Quote: Jensen Huang“Smart people focus on the right things.” Jensen Huang
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PODCAST: A strategic take on cost-volume-profit analysisOur Spotify podcast highlights that despite familiarity, most managers do not apply CVP analysis and get it wrong in its most basic form. The hosts explain cost-volume-profit (CVP) analysis, a crucial business tool often misapplied. It details the theoretical underpinnings of CVP, using graphs to illustrate relationships between price, volume, and profit. The hosts highlight common errors in CVP application, such as neglecting volume changes after price increases, leading to the "margin-price-volume death spiral." The hosts offer practical advice and strategic questions to improve CVP analysis and decision-making, emphasizing the need for accurate costing and a nuanced understanding of market dynamics. Finally, the podcast provides case studies illustrating both successful and unsuccessful CVP implementations. Read more from the original article.
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