Leading business minds

There is a middle way between discarding old business models and clinging to the past. Companies should look for capabilities in their current business that can be developed into new strategies, and this helps provide continuity while also blazing new trails, says Cambridge Judge research.

The standard test for alpha, the part of an investment’s return that cannot be explained by exposure to risk, has been a venerable pillar of financial economics since 1989. But that test is showing its age in this era of big data and AI. A new test, proposed in a paper co-authored at Cambridge Judge Business School, is designed for our time of financial uncertainty, stress and shocks.

A series examining how artificial intelligence is transforming manufacturing draws to a close with this third article by Ujjwal Pandey, Visiting Associate at Cambridge Judge Business School and co-founder of procurement platform OptiSpend AI, and Jaideep Prabhu, Professor of Marketing at Cambridge Judge. The first 2 articles focused on where AI is already delivering results, showing how AI can help manufacturers improve productivity, reduce costs and make better decisions. Now comes the really hard part.