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Is Behavioral Economics Used in Business?

Steve Shu Consulting

” Broad conscious, concerted efforts to apply behavioral economics probably did not begin until sometime after 2008 with the release of Thaler and Sunstein’s book, Nudge. One key observation I’ve had is that certain companies can have different strategies for implementing behavioral economics.

Mercer 186
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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow

Issues with the supply chain lead to poor quality of products and delays in their releases. AS9100 is an international standardized quality management system for the aerospace industry, which aims to improve safety and reliability of aerospace products. Step 4: Developing risk response strategies. Customer satisfaction. .

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3 Tactics for Accelerating Company Performance Despite an Economic Downturn

Organizational Talent Consulting

Reactive workforce reductions, burn-the-furniture cost-cutting, and spray-and-pray strategies out of desperation have historically led to considerable losses. Implementation typically involves experimentation, analyzing the existing strategies, and creative experiential learning exercises. It is easy to find out what doesn't work.

Company 52
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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. At the end of 2016, Fitch Ratings estimated that all robo-advisors managed under U.S.$100B will grow to U.S. $5 5 trillion to U.S. $7

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What You Need to Know About Globalization’s Radical New Phase

BCG

Article Wednesday, July 20, 2016. For instance, the growth of global gross domestic product (GDP)—one of the traditional metrics of globalization—fell from a high of 6% in the 1960s to 3% in 2015. Is globalization over? Some commentators consider the United Kingdom’s vote to leave the European Union to be a sign that it is.

Metrics 40
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A framework for understanding technology companies

Tom Spencer

The technology industry is booming: in 2008, Microsoft was the only tech firm ranked in the world’s top 10 public companies by market capitalisation. I’ll then describe the implications this framework has for competitive strategy. (In Hardware and software sales – where a product is sold. Platforms and aggregators.

Company 68
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Strong Economy – Strong Buy-Sell Market

Martinka Consulting

More businesses sold after being advertised on bizbuysell.com than any other year, and 2017 was 25% higher than 2016. 70% of medium sized companies will change hands (2008). Notice the same predictions from 2008-2015? Synergistic product line firm. Contract manufacturer (of your product). Pretty small. Easy money.