article thumbnail

The Silent Killer of New Products: Lazy Pricing

Harvard Business Review

This new (and alarming) data comes from pricing consulting giant Simon-Kucher & Partners, which conducts its survey every other year with the Professional Pricing Society, a professional association. And a quarter of companies, according to the same survey, confess that not one of their new offerings met its profitability goals.

Price 11
article thumbnail

What an Economist Brings to a Business Strategy

Harvard Business Review

The late Julian Simon (better known, perhaps, for his optimistic views about population growth and resource abundance) thought up the idea for having airlines auction off overbooked seats and persuaded the Civil Aeronautics Board, which used to regulate airlines fares and entry, to permit the idea in the 1970s. Economists and finance.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Could a Four-Year-Old Do What Carl Icahn Does?

Harvard Business Review

He is no Jim Simons , using his mathematical genius to outsmart the market in (to an outsider) incomprehensible ways. Apple Finance Skill vs. luck' Yet the simplicity and almost child-like nature of Icahn’s approach still begs examination. He’s not a Steve Cohen , pushing at the edges of legality to get an information edge.

Hedge 8
article thumbnail

The Libor Scandal and the Price of Prosperity

Harvard Business Review

Now, let me couch this for you in the human terms of political economy — the terms in which you and I should rightly conceive of an "economy" as the sum of the enduring human good; not merely as a set of pipes for the grease of finance to be injected into. Simon Johnson and numerous others have proposed banks be broken, split, limited.

Price 14
article thumbnail

India's Decade of Collaboration

Harvard Business Review

Inventors are engineers, scientists, or entrepreneurs who come up with an original idea. In this fluid system, Biocon finances CMI's inventive R&D, while using the funds from the Pfizer deal to finance its own R&D and go-to-market activities. Dr. Simone Ahuja is the founder of Blood Orange Media. Transformers.

Shaw 13