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2. BCG consultants solving business problems with OpenAI’s GPT-4 ...

   www.aol.com/finance/bcg-consultants-solving...

   In the BCG study, participants using OpenAI’s GPT-4 for solving business problems actually performed 23% worse than those doing the task without GPT-4. Read more here . Other news below.

3. Crowdsourcing - Wikipedia

   en.wikipedia.org/wiki/Crowdsourcing

   Crowdsourcing also has the potential to be a problem-solving mechanism for government and nonprofit use. [48] Urban and transit planning are prime areas for crowdsourcing. For example, from 2008 to 2009, a crowdsourcing project for transit planning in Salt Lake City was created to test the public participation process. [49]

4. Business analysis - Wikipedia

   en.wikipedia.org/wiki/Business_Analysis

   Business analysis is a professional discipline [1] focused on identifying business needs and determining solutions to business problems. [2] Solutions may include a software-systems development component, process improvements, or organizational changes, and may involve extensive analysis, strategic planning and policy development.

5. Business process re-engineering - Wikipedia

   en.wikipedia.org/wiki/Business_process_re...

   Reengineering guidance and relationship of mission and work processes to information technology. Business process re-engineering (BPR) is a comprehensive approach to redesigning and optimizing organizational processes to improve efficiency, effectiveness, and adaptability.

6. Expert system - Wikipedia

   en.wikipedia.org/wiki/Expert_system

   Multiple expertise: Several expert systems can be run simultaneously to solve a problem. and gain a higher level of expertise than a human expert. Explanation: Expert systems always describe of how the problem was solved. Fast response: The expert systems are fast and able to solve a problem in real-time.

7. Business process management - Wikipedia

   en.wikipedia.org/wiki/Business_process_management

   The Workflow Management Coalition, [6] BPM.com [7] and several other sources [8] use the following definition: Business process management (BPM) is a discipline involving any combination of modeling, automation, execution, control, measurement and optimization of business activity flows, in support of enterprise goals, spanning systems, employees, customers and partners within and beyond the ...

8. Digital transformation - Wikipedia

   en.wikipedia.org/wiki/Digital_transformation

   Digital transformation (DT) is the process of adoption and implementation of digital technology [1] [2] [3] by an organization in order to create new or modify existing products, services and operations by the means of translating business processes into a digital format.

9. Business process discovery - Wikipedia

   en.wikipedia.org/wiki/Business_process_discovery

   A small example may illustrate the Business Process Discovery technology that is required today. Automated Business Process Discovery tools capture the required data, and transform it into a structured dataset for the actual diagnosis; A major challenge is the grouping of repetitive actions from the users into meaningful events.