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The Fight Over Tesla Shows How Little Value Dealerships Add

Harvard Business Review

In disaggregated markets with many sellers and buyers and where search costs are high, intermediaries provide considerable value. A new well-engineered car rarely needs any special maintenance in the first 7-8 years of its life. But the car market is no longer like this. Again this is not the case with the auto-industry.

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Why AOL Should Double Down on Patch

Harvard Business Review

The irony is that Patch is AOL's last, best chance to build a growth engine. Investors shouldn't be calling for AOL to back off the business. Patch has the potential to be a truly disruptive business. The startup is trying to build a platform that could replace a disaggregated network of local news sources.

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Why You Should Let a 5-Year Old Design Your Next Product

Harvard Business Review

You not only had to be able to come up with great winning ideas, you also had to deal with the complexities of financing, engineering, distribution, recruiting staff, and legal liability — to name just a few. But the Quirky business model embodies a set of ideas that every business ought to be considering, in light of the Social Era.

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How To Really Measure a Company's Innovation Prowess

Harvard Business Review

Or perhaps it is difficult to really tell how well a company's innovation engine is functioning — so magazine editors are susceptible to the latest hot product or service. There's no doubt: measuring "innovation" is a fuzzy business. So it began disaggregating return on equity into three components.

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Why I Tell My MBA Students to Stop Looking for a Job and Join the Gig Economy

Harvard Business Review

Another cause of the decline in jobs is that our engine of job growth has stalled. Young businesses, not small businesses, as is widely believed, create the most new jobs. The growth of new young businesses is at historically low levels and the businesses that do start are creating fewer jobs.

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How To Really Measure a Company's Innovation Prowess

Harvard Business Review

Or perhaps it is difficult to really tell how well a company's innovation engine is functioning — so magazine editors are susceptible to the latest hot product or service. There's no doubt: measuring "innovation" is a fuzzy business. So it began disaggregating return on equity into three components.