Thu.Apr 19, 2018

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Is Behavioral Economics Used in Business?

Steve Shu Consulting

This post is reproduced from an answer that I wrote on Quora to the question posed to me, “Is Behavioral Economics Actually Used in Business?” 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. And then when new applications of behavioral economics started, they seemed to be mostly applied in the government space.

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Research: When You Don’t Have an Alternative in a Negotiation, Try Imagining One

Harvard Business

Yenpitsu Nemoto/Getty Images. Conventional wisdom suggests that negotiators need alternatives to succeed. Alternatives give negotiators the confidence to negotiate offers more ambitiously , to push for more optimal outcomes, and to walk away from the table when needed. But negotiators often have no alternative at all. For example, a recent survey by GMAC suggests that the average MBA graduate only has a single job offer to choose from, suggesting that many MBAs have to negotiate their job offer

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How to Get People to Accept a Tough Decision

Harvard Business

Colormos/Getty Images. Imagine this: You’re a general manager for a manufacturing company and orders are up. You know you should be celebrating, but instead, you feel gut punched. Your plants are facing severe capacity and material constraints and you know you can’t fill these orders. Now you have to decide which ones to fill, which to delay, and which to turn away.

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Personalization: The Next Big eLearning Trend?

Clarity Consultants

Personalization has been making waves in the marketing and sales realm for many years. But it's now also hugely influential in the world of eLearning. Any Learning and Development expert will tell you that a more personalized experience will lead to greater success rates and learning outcomes. This new trend is an important one to consider because it is exactly so powerful in generating high-quality learning experiences.

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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

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Influential Agile Leader Early Bird Reg Ends May 1, 2018

Johanna Rothman

Are you looking to help support your team, management, or organization’s agile adoption? Do you feel as if you are part of the formal or informal team leading your agile transformation? You need what Gil Broza and I teach and facilitate at the Influential Agile Leader Workshop. Early registration ends May 1, less than two weeks from now. I wrote a number of posts about transformations: Introduction and Part 1: Introduction and Why.

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How To Write Your Business Book In A Flash

Henry DeVries

For a business leader, professional, or consultant, a book is the number one marketing tool.

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6 Ways to Support Your Desired Culture

LSA Global

Support Your Desired Culture. More leaders are looking for ways support their desired culture in the wake of the recent high profile cultural derailments of companies like VW, Wells Fargo, Uber and the Veteran’s Administration. Whereas Volkswagen had won plaudits for creating a low emissions vehicle with better fuel economy (a so-called “green” car that was welcomed by its loyal customers), it ruined its brand by purposefully falsifying records.

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How to Define Your Target Audience as an Independent Consultant

MBO Partners

Defining your target audience is key to continued business growth and success. Here are four steps to find your ideal clients.

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A slow motion trainwreck

Seth Godin Blog

We like the flawed hero, bad behavior, tragedy and drama in our fictional characters. Batman and Deadpool sell far more tickets than Superman does. If we use social media to attract a crowd, we will, at some level, become a fictional character. Reality shows aren't about reality--they're shows. Which means that it's tempting to become the sort of trainwreck that people like to watch and jeer and root for.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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4 Ways to Improve Your Content Marketing

Harvard Business

HBR Staff/Chris Minerva/Getty Images. In the past decade, content marketing has become a widely established practice. Companies have hired writers and Chief Content Officers to run departments, create blogs and other materials, and, in the process, some have assured sales people that content marketing can mean the end of cold calling. The playbook sounds simple: attract prospects with content relevant to each stage of their buying journey and extend offers that motivate them to contact your sale