Remove Business Model Remove Discount Remove Innovation Remove Technology
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The Coming of the Clairvoyant Computer

Leading Blog

In commercial, industrial, and government applications—in the real-world usage of machine learning to predict—it's known as: Predictive analytics —Technology that learns from experience (data) to predict the future behavior of individuals in order to drive better decisions. Professor Vasant Dhar, Stern School of Business, NYU.

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The Problem with Groupon's Business Model

Harvard Business Review

Just a couple of weeks ago, I suggested in an article published in the European Financial Review that Groupon's business model suffers from some alarming weaknesses. The model is based on individual transactions — users do not subscribe to Groupon; rather, each payment is transactional. But not so fast. Give it a 2.

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Keeping Innovation Strong When the Economy is Weak

Harvard Business Review

Through that initiative, consumers who join and pay a fee will receive nutritional education, membership in a dining club, and discounts on foods that meet certain dietary criteria. decrease in R&D spending: some auto companies slashed innovation budgets by as much as 32 percent. compared to the 14.3% Wireless carriers in the U.S.

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The Internet of Things Needs Design, Not Just Technology

Harvard Business Review

” will be difficult for many companies to achieve — not for lack of technological expertise but because they’ll fail to recognize the value of design in connected product development. applications pushed technology to address B2B market requirements. This evolution to “Internet of Things (IoT) 2.0”

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What U.S. CEOs Should Do with the Money from Corporate Tax Cuts

Harvard Business Review

The intrinsic value of a company with growing cash flows doubles every time the discount rate is cut in half. The lower the discount rate, the more that future cash is worth.) So, value grows exponentially as the discount rate approaches zero. Investing in true innovation. Consider some simple math.

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Insurance Isn’t Safe from Digital Upheaval

Harvard Business Review

In Big Bang disruption, rule-changing innovation leads to the creation of entire product lines (or the destruction of whole markets) essentially overnight, with disrupters coming from outside the industry that they are disrupting. They are using digital technologies to increase their own efficiency and to improve the customer experience.

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Cast the Net Wide – Make the Most of Your Promotional Time and.

Women on Business

For example, when my book publisher was hit by Hurricane Wilma, (thus my upcoming book was literally blown away), I turned to graphic design where I had received all my training and contacts—but with a much different business model. Connect as many strengths and resources as possible, for innovation lives in fresh combinations.