Remove Black-Scholes Remove Innovation Remove Management
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Radical Recovery Tools

Strategy Driven

Through innovative solutions delivered within an integrated framework, SAS helps customers at more than 45,000 sites improve performance and deliver value by making better decisions faster. While there’s no silver bullet, performance management philosophies suggest there are positive options before us. Innovation on a budget.

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The Comparing Trap

Harvard Business Review

In an adjacent office was a colleague who had written something like 12 books and was an internationally recognized scholar in the area of organizational innovation. He and two other economists created the trading process called Black-Scholes that impacted the ways financial markets were informed and influenced.

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Big Data's Human Component

Harvard Business Review

Any fool, or mortgage banker, can use a spreadsheet and calculate a Black-Scholes equation. There are many other risks in failing to think about Big Data as part of a human-driven discovery and management process. Although data does give rise to information and insight, they are not the same.

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What an Economist Brings to a Business Strategy

Harvard Business Review

Walker’s innovation was to bind travelers to pay the prices they bid if the airlines and hoteliers on Priceline accepted the offers. Only the one I assert in my book Trillion Dollar Economists , that business managers may want to pay a bit more attention to the scribbling of academic economists. What’s the larger point to be made here?