17: People, Process, Technology with Justin Goldston

In this episode, I interview Justin Goldston, a senior managing director at Nestell and Associates, a strategy consulting firm, and a five times TEDx speaker on emerging technologies. He is a Professor at Penn State University on Project Management and Supply Chain Management. We discuss how you can harness emerging technologies to grow entrepreneurial companies of any size.

 

Time Stamps

[01:02] The importance of technology in small and medium size enterprises

[02:05] How technology can help you make better decisions in your business

[03:52] The tools to use during business process automation

[07:42] Defining digital transformation maturity

[10:10] The augmented intelligence age

[11:09] The Agile mindset

[12:47] Why the Agile method works best in startups

[18:28] The difference between the Agile and the Waterfall approach

[20:15] The Hybrid project management approach

[20:40] The downside to the Agile approach

[22:06] Implementing Lean Six Sigma in a privately owned business

[25:03] The DMAIC approach

[27:15] Blockchains as decentralized computers

[32:37] Why blockchains are easy to implement

[34:50] How AI is used in predicting future trends

[38:08] How to harness the power of AI to make your business better

[39:40] How the chat box works and how to incorporate it into your business

[43:06] The chat box as a machine learning tool

 

Links and Resources

 

Justin Goldston’s LinkedIn Page

Justin’s TEDx Talks

TractionEquity.com

https://StevePreda.com