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Radical Recovery Tools

Strategy Driven

How to survive and thrive in a down economy. The crisis that started in the housing markets has unearthed a series of cascading consequences that few companies were prepared to handle. How will this economic crisis play out? We just need to understand how to best deploy, grow or manage them.

Tools 56
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Stop Trying to Predict Which New Products Will Succeed

Harvard Business Review

How you answer this question may be the most important factor in how you design your product development process — and, ultimately, in whether your business succeeds or fails. Is market performance predictable for a specific product or class of products? Look at the variance of your new-market products.

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What an Economist Brings to a Business Strategy

Harvard Business Review

Consider first the increasing use of auctions, which have a distinguished history in the development of economics. In the 1900s, French mathematician-economist Leon Walras envisioned prices in a market economy being set by an auctioneer (since known as the “Walrasian auctioneer”) conducting continuous auctions for all kinds of commodities.