While machine learning creates a large opportunity for cloud software-as-a-service provider Workday to build solutions beyond their core enterprise human capital management and financial forecasting software, the prospect of designing and implementing complex algorithms presents significant risks that must be managed before an unsupervised implementation. This paper digs into the opportunity and risk mitigation tactics that Workday management should take over the next 3-5 years as they launch and scale these products.
Enterprise Technology
Machine learning as a tool to predict future earning power
This post discussed how a machine learning algorithm can be applied to predict student earnings post-graduation.
One Medical Group: Curing the process of healthcare delivery
One Medical Group leveraged user-centric design principles to build a patient management platform, office processes, and physician teams that provide immediate, affordable, personalized care for mass customers.
Box: Culture, Press, and Sales driving enterprise value
Box aligns its business and operating models via culture, PR and Sales to drive rapid product development.
Capital One: Aligning the organization through data
Capital One is a Fortune 500 company that provides financial services such as credit cards and loans to consumers, small businesses and commercial clients. The company operates mainly in the US, Canada and the UK. Since the economic crisis in 2009, the share price has been continuously increasing and reached $91 per share in July 2015. [1] Capital One is well-known for expanding the credit industry by implementing an innovative, analytical approach to assess customers’ risk profiles. It is now one of the biggest provider of credit cards in the US (Exhibit 1), and has used its strong competitive advantage in data analysis to become a major player in retail banking and other services. To achieve this position, Capital One has been very successful at aligning its operating model and its business model.
DocuSign: Maximizing Growth Through Human Capital
“Back-office employees become cross-functional, lead small business units…”
Zenefits: Disrupting Human Resources Management
Zenefits is one of the fastest growing software-as-a-service startups of all time, using a unique model to disrupt the payroll and business insurance industries.