Year: 2021
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🐖 Saving and Investing 101
Why bother? Many people can agree that saving and investing are complex topics. No one explains why or how you should do any of the two when life is so beautiful once you understand how to trade money for cocktails, massages and expensive dinners. That is especially worrying when considering that, according to a recent study by the…
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🏁 Why Organization Fails and The Discipline of Execution: The 4DX Methodology
“Seventy per cent of strategic failures are due to poor execution of leadership. It’s rarely for lack of smarts or vision,” – Ram Charan, Execution: The Discipline of Getting Things Done. When does this gap come from? Why do so many businesses fail to maintain ambitious promises during planning moments? One of the primary explanations could come…
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🕸 Network Theory: How Everything’s Connected
Network theory is an important key to working in modern economies. It is possible to identify different types of networks: Informative networks are connections of information objects, like the network of citations between academic papers, world wide web, semantic networks, et cetera. Biological networks represent observable biological systems, like food web, protein interaction networks. Technological…
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🧠 Knowledge Management: The 21st Century Firm’s Real Goal | A brief literature review
The importance of knowledge and knowledge management have been rising noticeably in the last decades: firms and organisations value more and more intangible resources and intellectual capital, and more and more competitive advantage is due to the ability of a given company to gain critical insights on the market, as investors well know. According to…
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💾 The Economics of Big Data: Why, How and What
A New Economy What do oil and data could have in common? They seem to belong to different worlds because an oil refinery is imagined as an industrial cathedral, a place of drama, power and dark recess, usually in the middle of the ocean, creating long shadows its long towers. Despite that, the data and…
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🛒 How to Run Sales Revenue Analysis and Forecasting With R
I’d probably be the millionth blogger writing it. Still, it’s impossible to deny it: data-driven decision making is essential for every individual or organisation that want to improve efficiency, productivity and returns in life and business. How? Let’s think about an easy example: A typical bookseller is usually aware of the following facts about its…
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🤷♂️ Why a blog in 2021, anyway?
I clearly remember, doing the first step on the internet when I was 6 or 7, blogs were the main attraction of the web; most famous websites were blogs. I found it hard to find anything else funny on the web; (I can feel some comment from you here, but I swear that my soul…
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📊 Create Your Personal Finance System: Build Your Spending Dashboard and Forget About Spreadsheets – Part 2
By this point, you have finished understanding the main principles of finance tracking, created a simple form to capture your expenses on the go and generated a spreadsheet to store all your data. It’s time to create a beautiful dashboard to visualise your financial situation in a glimpse. If you did not know already, a dashboard…
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💰 Personal Finance System: A Little Guide to Automatise Your Budget – Part 1
One of the biggest struggles for people, both young and old, is managing their money correctly: 66% of millennials don’t feel on track when it comes to saving for retirement, according to a 2019 TD Ameritrade report, and before the pandemic, households struggled to save more than 8% of their income. Despite the growing wealth available to…
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🕸 How to Create a Weighted Network From a List of Elements Sharing an Attribute With R
Image source: Derrible, S. (2012). Network centrality of metro systems. PloS one, 7(7), e40575. Network analysis is a branch of data science gaining a lot of attention from outside, mainly because many aspects of our life can be described using networks, such as fifteenth Century Florentine Marriages, friendships in sports clubs, viral marketing strategies, metro…
