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Deliver Big Impact on a Small Budget

Harvard Business Review

We didn't want to burden the organization with fixed costs. Almost everything had to be free, and the few things we paid for had to be scalable so that the unit costs would eventually approach zero. Second, we standardized all management coordination on a low-cost but elegantly simple project management software called Basecamp.

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Understanding Financial Leverage

Harvard Business Review

The interest rates were attractive to investors — well in the high single digits and even above that level — and company managements were anxious to access capital for expansion and acquisitions. Orion and other film studios needed level-headed projections about projects before jumping in with both feet.

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The End of Traditional Ad Agencies

Harvard Business Review

MoFilm, Poptent, and Tongal, for example, focus on video production for television and web films. In every part of the industry, the open innovation model is changing the economics of advertising by switching significant fixed costs to variable costs and sourcing creative from more relevant and, many times, lower cost sources.