Remove Engineering Remove Finance Remove Merchandising Remove Operations
article thumbnail

SaaS Sales Models: Choosing the Best Sales Strategy for Your SaaS

Strategy Driven

SaaS enterprises need to identify a suitable sales model from the start of their operations. It would be cost-ineffective to try and convince people used to lower rates to buy your higher-priced merchandise. You need a sales operation to identify, nurture, and close deals with customers on contracts.

article thumbnail

4 Models for Using AI to Make Decisions

Harvard Business Review

In reality, “handoffs” and transitions prove to be significant operational problems. At one American retailer, an autonomous ensemble of algorithms replaced the entire merchandising department. It’s a different kind of engineering.” It feels like a living, breathing thing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. search engine company Inktomi in 2002. By mid-2004, however, the operation was mired in conflict over control and differences in management style.

article thumbnail

Curiosity-Driven Data Science

Harvard Business Review

We have algorithms for recommender systems, merchandise buying, inventory management, relationship management, logistics, operations — we even have algorithms for designing clothes! Don’t bury it under another department like marketing, product, finance, etc. You need to create an environment in which it can thrive.

article thumbnail

Rethinking the Function of Business Functions

Harvard Business Review

Business units come and go, but finance, HR, IT, marketing, legal, and R&D are forever. For example, Walmart doesn't succeed just because of a strong operations group. Nonetheless, many CEOs and top executives struggle with their functional organizations, and some question whether the established functional model is still relevant.