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The Transformative Power of AI in Business

Tom Spencer

These systems can suggest relevant products that customers are likely to enjoy. For example, Alibaba, a leading Chinese e-commerce company, could conduct sentiment analysis of customer reviews of individual products and services, and use these insights to modify existing products and develop new ones.

Data 147
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Applied Behavioral Economics Rule of Thumb #5: Recognize the Possibilities and Perils of Anchors

Steve Shu Consulting

Shifting to the world of human behavior, one classic example of the impact of anchoring on judgments was done by Jacowitz and Kahneman, where they asked people to guess the height of the tallest redwood tree. For example, in another post , my colleague, Prof. customer discovery, customer validation, go-to-market).

Examples 195
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Frameworks for the Case Interview (Part I: Market Study Framework)

Tom Spencer

While you are reading those frameworks and related examples, keep in mind that no framework is the skeleton key to all case interviews. Having said that, we will now begin by exploring the framework which is most widely applicable in case interviews: the Market Study Framework. Chart 1 – Market Study Framework.

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Deep Dive into Customer Segmentation (Part 1 of 2)

Tom Spencer

It is a critical step towards identifying growth opportunities in business and should be carried out before undertaking any of the following actions: Developing customized marketing programs (e.g. Determining appropriate product pricing (e.g. Prioritizing new product development efforts. Choosing specific product features.

Apparel 103
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Wealth Management: Building and Protecting Fortunes

Tom Spencer

A client’s risk tolerance will tend to increase in proportion to their income and investment experience, and decrease inversely in proportion to their age, family or health problems, number of financial dependents, and market volatility. Zuhair Imaduddin is an Innovation Development Analyst at JPMorgan Chase.

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Preparation for the Case Interview:  Math, Charts and Market Sizing

Tom Spencer

For example, if the interviewer asked you to calculate the annual revenue for Apple and you’re final figure is $4 million, then you know you’re off by several orders of magnitude. Min Kim is currently an MBA student at NYU Stern School of Business where she is specializing in Product Management, Business Analytics and Finance.

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Possible Organization Changes for a Product Approach, Part 5

Johanna Rothman

How do we move from a project-based organization towards a product organization? I’ve noticed these challenges in companies who want to move to a more product-oriented approach: The reward system rewards resource efficiency, not flow efficiency. Work Toward the Product Organization with Team Behaviors. We like to learn.).