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The Mathematical Corporation
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Summary
The most powerful weapon in business today is the alliance between the mathematical smarts of machines and the imaginative human intellect of great leaders. Together they make the mathematical corporation, the business model of the future.
We are at a once-in-a-decade breaking point similar to the quality revolution of the 1980s and the dawn of the Internet age in the 1990s. Leaders must transform how they run their organizations, or competitors will bring them crashing to earth - often overnight.
Mathematical corporations - the organizations that will master the future - will outcompete high-flying rivals by merging the best of human ingenuity with machine intelligence. While smart machines are weapon number one for organizations, leaders are still the drivers of breakthroughs. Only they can ask crucial questions to capitalize on business opportunities newly discovered in oceans of data.
This dynamic combination will make possible the fulfillment of missions that once seemed out of reach, even impossible to attain. Josh Sullivan and Angela Zutavern's extraordinary examples include the entrepreneur who upended preventive health care, the oceanographer who transformed fisheries management, and the pharmaceutical company that used algorithm-driven optimization to boost vaccine yields.
Together they offer a profoundly optimistic vision for a dazzling new phase in business and a playbook for how smart companies can manage the essential combination of human and machine.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.
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- Jaroslav Dokoupil
- 03-09-17
Inspiring and informative
Inspiring, well researched and informative look at an important topic of today - the possibility and necessity of humans collaborating with machines to address global challenges and create a better future.
The book examines the implications of using machine learning in business and society and what this means for anyone in leadership position and in fact, everyone else.
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- Jan Madsen
- 25-06-18
Great overview but superficial
Good listen though superficial. Would have liked more detail about each case. Also, the authors are not up to speed on the latest research. They mention the Hot Hand Fallacy, but recent research strongly suggest it might not be a fallacy after all.
3 of 3 people found this review helpful
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- JP
- 28-10-17
USEFUL FODDER, but nothing groundbreaking
The best part of this book is that it brings the whole conversation concisely into one place. You can read other related books & articles & reconstitute all of the knowledge & stories here... but this book is an easy button to have yourself a virtual conversation with the refinement of proper book editing. It was worth my while but not something I studied & took notes on as more groundbreaking works.
2 of 2 people found this review helpful
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- Audun Arly Lund
- 29-07-18
If you dont already know this...
If you do not know what the authors here propose intuitively already I think you might have been sleeaping. The book is okay, but one major thing bugs me. The authors advocate for keeping complexity, but the consept is onely cursary detailed in the book. The details of the consept drowns in anecdotal stories of how big mind has been applied. all inn all an okay read, but I had hoped for more.
1 of 2 people found this review helpful
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- iVan
- 16-05-18
a must read for any business man/woman
This book gives a bold take on where the thirst for data and measurable KPIs is leading the corporations of today and their future tomorrow, along with how this changes the demands on the current and future workforce. It's quite a broad stroke on these subjects, but a compelling one nonetheless!
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- Maarten
- 28-03-18
Not very practical
I found the book to be interesting, though it lacks a clear path to start acting like a mathematical corporation. I was hoping to find proper clues on how to dive into the datasets of our own company. But instead the author just mentions that you should teach your data scientists to act like data scientists.
There's soom good generic information in the book, like a proper explanation of privacy risks, information biases and things like that. I just wasn't getting practical information out of this book. It's not for the techy audience.
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- Philomath
- 14-09-17
Information gathering and the future of privacy
Whether we like it or not information is being gathered at a stupendous rate about us. Private information, privileged information, confidential information, and public information. If you use the internet it's all being gathered.
How companies should use this is what this book is about. It's not as simple as one might think. Corporations can get ahead by using grey areas where information in the public domain can be considered non private. The author and this book are rightfully against such use, whether they can control its proliferation or not.
It is the information that does not infringe or the information that would make society a better place that is discussed in detail. Privacy may be over in the future, but how we structure the disclosure of information is a spectrum rather than a black and white option.
This book is excellent at presenting all aspects of gathered information and its use for public good, profit, and its protection when needed. Highly recommended read.
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- Richard Hall
- 05-09-17
great overview
would do 4.5 - great strategies for preparing organizational leaders for this coming age. only wished it got a little more technical. perhaps I'll run through it again to catch more.