Strategy Driven

OCTOBER 29, 2020

To remedy this situation in the hospitality industry, a new pricing strategy was developed; the Yield Management strategy. What is yield management? What is yield management and how does it affect your business? So, really, what is yield management ?

Yield Management 65

Yield Management Price Management Hotels 65

Harvard Business Review

SEPTEMBER 3, 2014

The problem—and pathology—is that too many organizations don’t know how to learn from analytic failure. In pre-Big Data days, for example, a hotel chain used some pretty sophisticated mathematics, data mining, and time series analysis to coordinate its yield management pricing and promotion efforts.

Hotels 10

Hotels Yield Management Discount Price 10

Harvard Business Review

SEPTEMBER 3, 2014

The problem—and pathology—is that too many organizations don’t know how to learn from analytic failure. In pre-Big Data days, for example, a hotel chain used some pretty sophisticated mathematics, data mining, and time series analysis to coordinate its yield management pricing and promotion efforts.

Hotels 8

Hotels Yield Management Discount Price 8

Harvard Business Review

MARCH 23, 2015

We’ve hit a point of acceleration in video and wearable technologies that provide us with information that we’ve never had in the past about how to optimize player performance. We talk about things like yield management, demand curves, and perishable inventory — factors that dictate our pricing strategies.

Price 8

Price Team Sports Franchising 8

Harvard Business Review

JANUARY 26, 2012

By using tracking tools like RescueTime, practitioners are able to collect data on how they spend time on various websites and apps. As a result, they can take a more fact-based view toward decisions on where and how to change work routines.

Organization 12

Organization Self-aware Taylorism Taylor 12