Efficiency Industry Strategy Development 
Steve Shu Consulting
JULY 25, 2014
For example, Opower tapped into a great market using software-as-a-service and a behavioral efficiency model for saving energy. While some companies may be very sophisticated in their approach with behavioral economics, the broader industry is barely conscious of the power of behavioral economics (perhaps Behavioral Economics World 0.2
Tom Spencer
APRIL 7, 2023
This is the fifth of a seven-part series looking at artificial intelligence and its implications for the consulting industry. This article will explore some of the most notable examples of AI in consulting, including its use in market research, strategy development, and operational optimisation.
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Tom Spencer
MARCH 10, 2023
This is the first of a seven-part series looking at artificial intelligence and its implications for the consulting industry. This article will provide a basic introduction to AI as it relates to the consulting industry and explore some key concepts and applications that every consultant should be familiar with.
Harvard Business
SEPTEMBER 23, 2016
Most industries cower to a few central metrics, the yardsticks that define the winners and losers. For example, same-store sales or sales per square foot measure success in the retail industry, and various volume measures do it in commodity industries. Consider the automotive industry. For years, U.S. Who takes the hit?
Harvard Business
OCTOBER 24, 2016
To find out, I turned to my ongoing Top Pricer Tournament , in which 884 people — managers, consultants, professors, students — make pricing strategy decisions for a generic business competing against other generic businesses. We’ll call these the popular strategies. Broadening the Frame. It drives toward closure.
Harvard Business
JANUARY 16, 2017
Another CEO used prodigious management skills to successfully consolidate, grow, and dramatically increase the efficiency of a vertically integrated industrial company. To support a change in strategy from efficiency-driven to innovation-driven growth, the company acquired another company to be its innovation engine.
Harvard Business
NOVEMBER 2, 2016
Managers we surveyed have a sense of a shift in this direction and identify the judgment-oriented skills of creative thinking and experimentation, data analysis and interpretation, and strategy development as three of the four top new skills that will be required to succeed in the future. Insight Center. The Automation Age.
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