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Performance Appraisal & Rewards in Response to COVID-19

HR Digest

According to a recent survey in USA Today, Americans are far more worried about their finances than their health amid the COVID-19 outbreak. airline and hospitality sectors) are making immediate changes including implementing drastic cuts to Chief Executive Office and senior executive pay. Implement the strategy with empathy and care.

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Shaping Performance & Rewards in Response to COVID-19

HR Digest

According to a recent survey in USA Today, Americans are far more worried about their finances than their health amid the COVID-19 outbreak. airline and hospitality sectors) are making immediate changes including implementing drastic cuts to Chief Executive Office and senior executive pay. Implement the strategy with empathy and care.

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Moving Beyond Company Organization Silos: Lessons from the Aviation Industry

Leading Blog

airline companies have pointed fingers at the Federal Aviation Administration (FAA) as the biggest cause of outages, even as the FAA has fired back at airlines. Even worse, functional processes — finance, human resources, sales, etc. logistics, and finance. finance, I.T., In the U.S., Recall how the U.S.

Industry 267
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T-Mobile Hasn’t Incited a Price War…Yet

Harvard Business Review

While analysts fear this will spark a margin-eroding price war, this concern is premature. Since early last year, T-Mobile has spearheaded what I call a value war — as opposed to a price war — in the wireless market. Consider the airline industry. But this has not provoked a price war. T-Mobile uncoupled these fees.

Price 8
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Peanut- Finance: Swaps as Strategy

Harvard Business Review

This peanut-finance system, which turned the peanuts into food for hospital patients, seems quaint, like tales from 19th century America of rural doctors taking chickens for treating chicken pox. Auto dealers have long taken trade-ins, reducing the purchase price for a new car by the value of the used car handover.

Finance 14
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Competing on Service: Eleven Ways to Beat the Competition by ‘Hugging’ Your Customers

Strategy Driven

Forced to do more with much less, the small businesses that have managed to survive and even thrive during these tough times have recognized one important factor: You can’t always compete on price, but you can compete on service. Many major companies, such as Southwest Airlines, UPS, Chick-fil-A, Best Buy, Yum!

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What an Economist Brings to a Business Strategy

Harvard Business Review

In the 1900s, French mathematician-economist Leon Walras envisioned prices in a market economy being set by an auctioneer (since known as the “Walrasian auctioneer”) conducting continuous auctions for all kinds of commodities. Most markets “clear” by having prices signal producers to make just enough that purchasers are willing to purchase.