article thumbnail

Customers Prefer to Crowdfund Products They Can Improve

Harvard Business

Platforms like Kickstarter and Indiegogo have not only broadened access to funding to companies that might struggle in the capital markets but have also transformed the way companies connect with consumers during product development, replacing focus groups with real customers who have a stake in the final product.

article thumbnail

Message to New and Prospective Students for Applied Behavioral Economics in Finance and Marketing (AEM 6150 – Spring 2022)

Steve Shu Consulting

Welcome to Applied Behavioral Economics in Finance and Marketing (AEM 6150)! The course is especially geared toward students who may consider future professions in consumer finance, marketing, product development, data science, or consulting/advisory.

Finance 39
Insiders

Sign Up for our Newsletter

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

article thumbnail

Designing an Organization for a Product Approach, Part 1

Johanna Rothman

You might even call them/use them as product teams. You might wonder about organizing all the work as product work. The “Typical Product Development Organization” shows the kind of organization I see most often. The various development directors correspond to the various horizontal layers in the product.

article thumbnail

China Faces "Minsky Moment" on Ponzi Financing

MishTalk

Inquiring minds are tuning into a report on the Ponzi finance setup in China. Gross Domestic Product (GDP) growth to 5.0% Our analysis indicates that China’s economy has arrived at that unstable state where speculative and Ponzi finance appear to dominate. Morgan Stanley agrees. over the next two years. trillion GDP.

Finance 75
article thumbnail

Projects, Products, and the Project Portfolio: Part 2, Assess & Rank the Work

Johanna Rothman

I called the value stream a product so that people would think about who would use it and why. I suggested that we stop work on specific products when you have more products than teams. That would allow you to work on other projects in service of different products. All the Finance work (Finance is the customer).

article thumbnail

Your Product is Decisions

Consultants' Consultant

Consultants Consultant: For many people in the world of non-tangible products (finance, IT, HR) Your Product is Decisions. The post Your Product is Decisions appeared first on Consultants' Consultant. Make the process you use to make decisions consistent and you have a better chance, according to Daniel Kahneman.

article thumbnail

Designing an Organization for a Product Approach, Part 2

Johanna Rothman

In this part, I’ll discuss an option for a product-oriented organization. Consider a Product-Oriented Organization. Instead of organizing by function, consider a product-oriented organization. Again, I am not saying this is the only way a product organization would look, but this is a possibility. What do you do?