Remove Black-Scholes Remove CAPM Remove Incentives Remove Motivation
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Stop Trying to Predict Which New Products Will Succeed

Harvard Business Review

Worse still, we will punish employees even if they do everything right, and create incentives to avoid unpredictable products, even though these products are essential for growth. As a result, our predictions for new products are either too high or too low, and we waste resources, customer goodwill, and employee motivation.