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The New Psychology of Business Models

Ask Atma

You have a great business idea but you are not sure how to develop it. model, startups will have more success if they adopt lean and agile business development principles, where failing fast is the premium strategy and the lean business model reigns supreme. And you start by developing the simplest working version of your idea.

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Why HR Really Does Add Value

Harvard Business Review

Adding legitimacy to this skepticism are new technologies that enable automation of routine transactions, offshoring and shared service organizations that specialize in managing many tactical elements of HR. Within the first year of our effort net sales increased 27 percent while fixed costs were reduced by 40 percent.

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Five Rules for Innovating in a Shaky Economy

Harvard Business Review

Management has made promises to senior executives about what a project will achieve, and fixed costs have built up because they looked prudent in comparison to planned revenues. Clean Magic Eraser, were breakthrough hits, but they probably cost a good deal to develop.

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Why Spotify Will Kill iTunes

Harvard Business Review

To appreciate the truth of this claim, it's vital to understand one of Clayton Christensen's theories on marketing and product development: Jobs-to-be-done. It was in your home, had no shelf space limiting its inventory, and could beat Tower on price because of its lower fixed costs.

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What Could Amazon’s Approach to Health Care Look Like?

Harvard Business Review

The Amazon Go store allows a customer to simply swipe their phone over a sensor upon entry and then relies on an array of sensor technologies to distinguish between the consumer actions of picking up a product, placing it in a cart, or returning it to a shelf. Rather, it let developers decide what services they wanted to use.

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The More Climate Skeptics There Are, the Fewer Climate Entrepreneurs

Harvard Business Review

Higher carbon taxes would have a direct effect on encouraging households and firms to consume less fossil fuels and would accelerate directed research in green technologies such as electric vehicles, solar panels, and other forms of renewable power. and in developing nations. Air conditioning demand is soaring in the developing world.

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How Industry Giants Can Create Corporate Breakthroughs

Harvard Business Review

For example, a decade ago, it''s unlikely that small-business owners would have told you that they needed a flexible way to host data and applications, one that preferably turned the fixed cost of computer hardware into a variable cost of renting capacity. Developing a breakthrough idea will never be a paint-by-numbers exercise.