Remove Efficiency Remove Fixed Costs Remove Marketing Remove Technology
article thumbnail

How To Reduce Business Expenses

HR Digest

Use current business technologies. With the introduction of technologies in business administration, there is a great advantage to leverage on. The use of cloud computing can help to save hardware and operational cost. Not just about the cost reduction, it also gives the business a wider range of profit-making opportunity.

How To 63
article thumbnail

The New Psychology of Business Models

Ask Atma

What about doing market research?” process, some market research can still be done during the idea development stage. It is now possible to shift a large part of the market research into the product development phase. First, you would do market research to gain some insight into a potential market or an underserved market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The More Climate Skeptics There Are, the Fewer Climate Entrepreneurs

Harvard Business Review

Higher carbon taxes would have a direct effect on encouraging households and firms to consume less fossil fuels and would accelerate directed research in green technologies such as electric vehicles, solar panels, and other forms of renewable power. The small market size would lead the company to not invest in baldness medication.

article thumbnail

Is Rooftop Solar Finally Good Enough to Disrupt the Grid?

Harvard Business Review

Over the past two decades, there have been many attempts to reform the electric utility market. But recent technological advances and new business models are now allowing nimble players to compete and provide consumers with cost-saving alternatives. Consider how Uber opened up the transportation market.

Energy 8
article thumbnail

The U.S. Media’s Problems Are Much Bigger than Fake News and Filter Bubbles

Harvard Business Review

Political campaigns are marketing campaigns, messages aimed at selling a product. Media companies are experiencing an extreme form of competition that comes with digital technologies: Everyone is a media company today. Yet by 2004 its market share was down to 3%. Bigger marketing budgets may not pay off.

Media 10
article thumbnail

We Can’t Study Short-Termism Without the Right Metrics

Harvard Business Review

However, firms can efficiently increase margin growth without much revenue growth by managing to squeeze out their fixed costs to service the same level of output. So this measure may mislabel efficient companies as myopic. In essence, the measure labels firms with large share repurchase programs as myopic.

EPS 8
article thumbnail

Will Personalized Medicine Mean Higher Costs for Consumers?

Harvard Business Review

Consequently, if we want new medical innovations to be financially viable for the patients who need it most, health insurance markets need to be regulated to eliminate the perverse financial incentives that limit patients’ coverage. Insurance markets are failing to deliver. First, a little background. Insight Center.

Cost 8