Just about every functional organization (e.g. IT, HR, Finance, Procurement, Legal, Marketing, etc.) can be measured against a maturity model.  The use of a maturity model allows an organization to have its processes and practices assessed against a set of external benchmarks, best practices or even next practices.…

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Over the last few years, I have sat through my fair share of commencement speeches. From my perspective they were inspiring – filled with stories and examples of the importance of a college education and how hard work and perseverance will someday pay off. Those speeches painted a “picture” of what every graduate imagined life would be like after graduation except that the “picture” isn’t even close to the reality they face.

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Unless it’s a special night, you’re probably picking chicken because who can afford lobster all the time? Actually, you can since the price of lobster has dropped from $6/lb (1995) to $2/lb (2013) but you would never know it from restaurant or grocery store prices. Because they know that if they drop the prices, the experience (and therefore demand) of eating lobster will diminish, which is counter intuitive as you would think the demand would rise as prices fall.

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