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