How Global Companies Can Succeed in China’s Competitive EV Market
Harvard Business
OCTOBER 2, 2024
Automakers must forge strategic partnerships, invest in local R&D, and cultivate a brand identity that resonates with Chinese consumers.
Combatting COVID-19 in Emerging Markets
Tom Spencer
AUGUST 29, 2020
Much less emphasis has been placed on developing tools suitable for emerging markets and the businesses in these economies. Obstacles in Emerging Markets. Emerging markets face a unique challenge when it comes to deploying technology to fight COVID-19 due to the large role that informal markets play in these economies.
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Startups: Picking the right opportunity for your career
Tom Spencer
NOVEMBER 8, 2024
Identify the areas that you are passionate about Consulting provided me with exposure to various industries, but I realized I wanted to delve deeper into the world of transportation. These startups have usually been in operation for around five years, have substantial funding, and have products that have achieved product-market fit.
Marketers Need to Stop Focusing on Loyalty and Start Thinking About Relevance
Harvard Business
MARCH 21, 2018
That’s because the “loyalty era” of marketing, as we’ve known it, is waning. market alone, companies are losing $1 trillion in annual revenues to their competitors because they are not consistently relevant enough. In fact, consumer research we’ve worked on at Accenture shows that in the U.S.
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Trends Shaping the Automotive Industry in 2022
Epicflow
JANUARY 19, 2022
Interestingly, registration of electric cars in 2020 increased in major markets despite the pandemic [1]. . EVs are going to gain higher market shares in Europe, the United States and China and outpace ICE vehicles sales. The prospects for further EV market development are presented in the image below. [2] References .
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Case Interviews: How to Stand Out in the Crowd
Tom Spencer
NOVEMBER 15, 2024
The scenarios can range from market entry strategies to profitability analysis, mergers and acquisitions, and more. If you are not from a business background, it is important to learn basic concepts such as market sizing, supply and demand, competitive analysis, and basic financial principles such as profit margins and break-even analysis.
Managing Risks in Manufacturing Projects: Essentials and Best Practices
Epicflow
OCTOBER 4, 2024
Supply chain disruption involves raw material shortages, delays in transportation, trade restrictions, and more. Supply chain disruptions This challenge is typical for a great number of industries, and despite considerable efforts still exists in today’s post-pandemic world.
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The Rise of FinTech in Supply Chains
Harvard Business
JUNE 22, 2016
This improved working capital can be used to fund growth in new markets. This is similar to the way third-party logistics companies (3PLs) arrange transportation. It used to be that a firm would have all of its transportation contracted with one trucking company. FinTechs typically act like brokers.
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A Refresher on Marketing Myopia
Harvard Business
AUGUST 22, 2016
Regardless of which number is right, there is no doubt that a lot of time and energy go into marketing products that will no longer exist in a year. The term was coined by the late Harvard Business School marketing professor, Theodore Levitt, in a 1960 article by the same name (republished in 2004). .” What is marketing myopia?
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The Goldilocks Theory of Product Success
Harvard Business
JULY 7, 2016
Almost 50% of market pioneers fail, and later entrants or organizations that don’t enter a market first often end up being more successful. Being optimally distinct—and marketing yourself as such. Horses had been the primary transportation method for thousands of years. Cloaking change in a coat of similarity.
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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why
Harvard Business
MARCH 1, 2018
Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market.
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How Good Companies Become Market Leaders (Without an Infusion of Capital): Interview with Charles Browne
Consulting Matters
APRIL 24, 2020
Sometimes the marketing message has fallen off. So, sometimes it’s a disconnect just on that marketing plan. You have a small, local marketing plan that really resonates with a particular geographical community, or some other psychographic community. Well, sneakers is a bigger market. Why isn’t it getting out?
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Achieving Startup Success via Product-Market Fit
Tom Spencer
JULY 14, 2023
It has come to be known as product-market fit. After lack of funding, failure to achieve product-market fit is the most common reason that startups fail. Thus, achieving product-market fit should be a top priority for any founder looking to achieve long-term success. What problems do customers actually have?
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For Some Platforms, Network Effects Are No Match for Local Know-How
Harvard Business
JULY 26, 2018
Uber’s setback in the international market, however, wasn’t its first. To venture capitalists and the financial market, no business model is more attractive than a platform. Any platform still needs to achieve a product-market fit to succeed in the long run.
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Airlines Like United Can Underpay Bumped Passengers Because of a Government Rule
Harvard Business
APRIL 12, 2017
Department of Transportation (DOT) rule — is already to blame for some of the problems with overbooking. Gate agents typically let the market rule by raising the reward until enough flyers decide to change their travel plans. This will yield a more market-based result. But a government regulation — an obscure U.S.
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The Ansoff Matrix
Tom Spencer
OCTOBER 8, 2013
A framework to help executives, senior managers and marketers devise strategies for future growth. The Ansoff Matrix is particularly useful for strategic planning because it provides a framework to help executives, senior managers and marketers devise strategies for future growth. What is a Product-Market Growth Strategy?
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113 Is Tesla Really a Disruptor? (And Why the Answer Matters)
Harvard Business
AUGUST 16, 2017
But is its automotive business a disruptor, poised to transform the entire transportation sector? Netflix disrupted the video rental market at least twice—first with its DVD mailing service and then, in 2007, with its streaming Internet-based service, which clearly met the better and cheaper criteria for a true Big Bang Disruption.
Automotive 135
135 Top 10 Consulting Firms in the Middle East
Management Consulted
APRIL 2, 2017
However, due to its rich history in the region, the firm knows the market deeper, better, and has the best government and private sector relationships. Dubai is one of the firm’s newest offices, and for good reason – the city is a hot spot for tourism, real estate investment, trade, transportation, and financial services.
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Emerging Demographics Are the New Emerging Markets
Harvard Business
JULY 13, 2016
A radical demographic shift is transforming the nature of consumer markets. Marketing savvy just isn’t enough to track these consumers. The young may be the darlings of marketers, but for companies chasing growth, the truly glamorous market is the elderly. Juan Díaz-Faes for HBR. spending on home improvement.
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Hard Questions on Our Transition to Driverless Cars
Harvard Business
APRIL 11, 2017
Given how central automotive transportation is to our cities, commerce, and daily lives, saying that AI will change life as we know it is no understatement. This distinction is important because the driver is typically the most expensive part of a transport business, be it taxi services, last-mile logistics, or long-haul trucking.
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What Inclusive Urban Development Can Look Like
Harvard Business
JULY 11, 2017
EDENS, of which the latter is CEO, has led the revitalization of the 45-acre Union Market district in Northeast Washington, DC. The Union Market challenge. Located on the east side of the NoMa train tracks, Union Market began as a working food production and distribution center in the 1930s.
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Cass Truck Transportation Index in Freefall
MishTalk
JUNE 22, 2016
It’s a measure of market fluctuations in per-mile truckload … Continue reading → The Cass Truckload Linehaul Index is down for the third consecutive month.
How Do You Grow A Business In A Fast-Changing Market?
Simon Associates
FEBRUARY 12, 2020
Take Lyft and Uber, for example, and how they’ve upended transportation. Apps and mobile devices continue to cause major market shakeups as they either change the way people interact with a market or find their way into new markets. And it’s not slowing down, it’s speeding up!
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Two Ways to Break into India’s Consumer Market
Harvard Business
OCTOBER 10, 2016
While India is the fastest growing major economy in the world today, some foreign companies are still struggling to enter the market there. To enter the Indian market with more profitability, multinational companies would benefit by creative use of the country’s supply chain and the explosive growth of its online channel.
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Startup Experience: A Must for Every Young Professional
Tom Spencer
JUNE 21, 2024
While my consulting experiences afforded me exposure to diverse industries, the crux of my passion lay within the realm of transportation. Through firsthand engagement with customers and iterative feedback cycles, I honed my ability to tailor products and services to meet evolving market demands.
How One Startup Developed a Sales Model That Works in Emerging Markets
Harvard Business
SEPTEMBER 7, 2016
We serve two markets that are very different but united by the common need for reliable, safe access to energy: outdoor recreationalists and low-income households in emerging markets. We found an ideal storefront near a busy market in central Bhubaneswar. In addition, stoves are difficult to transport from demo to demo.
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70 The Reason Air Travel Is Terrible and So Few Airlines Are Profitable
Harvard Business
MAY 27, 2016
Instead of getting into a price war or squabbling over a shrinking market, both disruptors and incumbents find new ways to create value. This benefits customers – both the high-end customers being chased by incumbents, and the low-end or middle-market consumers being served by disruptors — and the industry at large.
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Writing Your Résumé When Your Job Title Doesn’t Reflect Your Responsibilities
Harvard Business
MAY 16, 2017
Throughout four-day visit, arrived early and left late to ensure that everything ran smoothly, including meetings, housing, transportation, and meals. Meghna has been COO of a small market research company since she earned her MBA several years ago. into multiple global markets. Example #2: Breaking into a new industry.
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135 The Growing Business of Helping Customers Slow Down
Harvard Business
DECEMBER 7, 2018
In our research, this was achieved via walking on a daily basis rather than using faster forms of transportation. Through this research, we identified three key dimensions to slowing down: Embodied deceleration , which is the physical slowing down of the body.
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Beyond Content: It’s Time for Experiential Marketing
Chad Barr
SEPTEMBER 16, 2015
This week’s reflection point: It’s widely known that content marketing is critical to business success. But in this day and age, creating valuable, relevant content for your target audience isn’t the only marketing strategy you need. This week’s tip: Ready to go beyond content marketing?
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Lobbyists Are Behind the Rise in Corporate Profits
Harvard Business
MAY 26, 2016
Firms engage in political “rent seeking”—lobbying for regulations that provide them sheltered markets—rather than competing on innovation. I account for the roles of R&D, spending on advertising and marketing, and on administrative costs, including IT. Regulators expected cable prices to fall by 10%.
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As Machines Take Jobs, Companies Need to Get Creative About Making New Ones
Harvard Business
MAY 22, 2017
Jobs in retail, transportation, manufacturing, and agriculture are highly vulnerable to technological change. Over 33 companies are now working on autonomous vehicles, which will soon replace transport jobs. Over 33 companies are now working on autonomous vehicles, which will soon replace transport jobs.
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133 The Best Companies Invest Aggressively in These 3 Areas
Harvard Business
JUNE 30, 2016
We were reminded of this a few years ago, when we studied a major European conglomerate with more than 50 distinct businesses spread across dozens of markets. So they went after that goal, investing in a big way, and today they have the only supply chain in their key markets that is completely controlled from the farm gate to the end user.
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132 BearingPoint Interview Preparation – Mystery or History?
Management Consulted
JANUARY 20, 2014
On February 8th, 2001, KPMG Consulting, LLC, went public on the NASDAQ starting at $18 per share under the ticker “KCIN” Their IPO was 6 months delayed due to the quickly declining high-tech consulting services market. Digital Marketing, Sales & Customer Services. Air Transport. Capital Markets.
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Psychographics — New(ish) Word, Old Concept
The Clever Consultant
JUNE 21, 2013
That’s the word some marketers use about the craft of trying to get into your audience’s head. Has a marketing firm asked you about your clients’ psychographic profile? For example, we’re working on a project that includes doing some marketing for a new restaurant.
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100 Record Number of French Corporate Bankruptcies; Socialist Theory vs. Practice; What Went Wrong?
MishTalk
NOVEMBER 26, 2013
Mory Ducros, Largest Bankruptcy in France for a Year With 5,200 jobs at stake, the bankruptcy of transport company Mory Ducros is in social terms the heaviest recorded bankruptcy this year. The prime minister, the minister of industrial renewal, and the minister of state transport are all mobilized. How comforting.
Durable Goods Orders Plunge 7.3%, Nondefense New Orders for Capital Goods Plunge 15.4%; Plunge to Accelerate?
MishTalk
AUGUST 26, 2013
Transportation equipment, down following three consecutive monthly increases, led the decrease, $16.7 Transportation equipment, up fourteen of the last fifteen months, led the increase, $0.7 New Durable Goods Orders Excluding Transportation. New Orders. New orders for manufactured durable goods in July decreased $17.8
Bringing the Power of Platforms to Health Care
Harvard Business
NOVEMBER 10, 2016
They started back in 2009 with black car limos, which were essentially the academic medical centers of transportation: extremely expensive and mostly empty. Last year they ran a one-day pilot to deliver 2,000 flu shots over four hours in 35 cities.
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Does Work Make You Happy? Evidence from the World Happiness Report
Harvard Business
MARCH 20, 2017
The available categories cover many kinds of jobs, including being a business owner, office worker, or manager, and working in farming, construction, mining, or transport. This is the case across a variety of labor-intensive industries like construction, mining, manufacturing, transport, farming, fishing, and forestry. Related Video.
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Durable Goods Decline Second Month; Key Take-Aways
MishTalk
OCTOBER 28, 2014
However, transportation (especially commercial and military plane orders) are so large and volatile, the overall results are nearly useless. with transportation orders up 73.3%. Ex-Transportation Orders 168,186 168,603 167,491 -0.2 Transportation Orders 73,447 76,261 132,271 -3.7 billion or 1.3 This follows an 18.3
Riders in Alphabet’s Waymo Cars Will Now Be Insured
Harvard Business
DECEMBER 21, 2017
” Founder and CEO of Trov Scott Walchek said that “ this partnership highlights the convergence of the future of transportation with the future of insurance. All of those folks are going to market with some new form of mobility that did not exist,” said Ian Sweeney, the general manager of Trov Mobility. In April 2017,Tr?v
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70 Sanctions on Russia Bite Europe, China the Beneficiary
MishTalk
NOVEMBER 29, 2014
EU exports of machinery and transport equipment such as cars and tractors fell 23 percent compared to July. Machinery and transport exports fell 21 percent from a year ago. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Congratulations to Illinois: Most Government Bodies, Most Convicted Governors, Lowest Credit Rating
MishTalk
NOVEMBER 19, 2013
It is also quite common to have additional layers of government such as libraries, park districts, forest preserves, fire protection, sanitation, transportation and even mosquito abatement districts. This classification can cover anything from transportation to public safety to water sanitation to parks and libraries.
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Why Business Leaders Need to Read More Science Fiction
Harvard Business
JULY 14, 2017
They failed to come up with any, unable to imagine horseless transportation. Rising sea levels flood Manhattan in Kim Stanley Robinson’s New York 2140 , prompting hedge fund managers and real estate investors to create a new intertidal market index.
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