A product recall is never good news for a firm. And though it might seem like a great occasion for schadenfreude, a recall is not necessarily good news for competitors. Product recalls damage a firm’s reputation, trust, and brand equity with consumers and lead to losses in sales and market…
For the new technology, the key factor is how quickly its ecosystem becomes sufficiently developed for users to realize the technology’s potential.In the case of cloud-based applications and storage, for example, success depended not just on figuring out how to manage data in server farms, but also on ensuring the…
Business Objective: Implement a technological solution to increase transparency in the business communication. Technical Objective: Implement a centralized IT platform that can increase communication efficiency through out the enterprise while keeping in mind the following objectives: System should be scalable in both capacity and enabling new features System should be…
Evidence-based management entails making decisions and creating organizational practices that are informed by analyzing the best available data. The practice of evidence-based decision making in management (often abbreviated as EBMgt) evolved from medicine and emphasizes a rational, objective, and empirical approach to addressing business issues. It is analogous to the…
This is a very insightful review of the 2015 Super Bowl advertising. I agree with the presenter in how this ad. was presented and conveyed to the consumer. According to the author, The laugh is not the reward. The journey is the reward. The three winners are: Winner # 1…
The Concept of Servant Leadership has been prevailing since the 70’s coined by Robert K. Greenleaf in The Servant as Leader, an essay that he first published in 1970. In it, he said: “The servant leader is servant first … It begins with the natural feeling that one wants to serve, to…
Disruptors are usually brought into the market places by some type of disruptive innovations. These are opportunities that can create sustainable positive disruption in capabilities, business operations, and sometimes even business models. According to Wikipedia, the term disruptive technologies was coined by Clayton M. Christensen and introduced in his 1995…
I often laugh (of course in my mind) when I hear someone says that they are helping the Third World countries, not laughing at the cause of course but at the prevalent existence of the caste system created by the developed economies when rest of the world is trying to…
A little bit of history before talking about the Big Mac Index. What is a Big Mac and why is it important? The Big Mac was created by Jim Delligatti, one of Ray Kroc’s earliest franchisees, who was operating several restaurants in the Pittsburgh area. The sandwich was so popular…
In February of this year. 2011, the London Stock Exchange (LSE) and Toronto’s TMX Group (TMX) announced an “all-stock” merger. Since February, much debate has occurred as to the advantages and disadvantages of such a merger, the issues involved, the structure of the new entity, and most notably whether the…