Remove Career Remove Price Remove Productivity Remove Yield Management
article thumbnail

Learn from Your Analytics Failures

Harvard Business Review

In pre-Big Data days, for example, a hotel chain used some pretty sophisticated mathematics, data mining, and time series analysis to coordinate its yield management pricing and promotion efforts. For the most part, local managers followed the yield management rules. Who’s Afraid of Data-Driven Management?

Hotels 10
article thumbnail

How an NBA Team Thinks About Data, Talent, and Pricing

Harvard Business Review

Between ticket sales, sponsorships, merchandising, and media rights, Price Waterhouse Coopers estimates global sports revenues will grow to total roughly $145 billion. We talk about things like yield management, demand curves, and perishable inventory — factors that dictate our pricing strategies.

Price 8