Skip Prichard

JUNE 3, 2020

Daniel Kahneman. When it finally came to my attention, I realized right away that large-scale, controlled experimentation would revolutionize the way all companies operate their businesses and how managers make decisions. Consider Kohl’s, the large retailer, which in 2013 was looking for ways to decrease its operating costs.

Power 98

Power Kahneman Open-book Learning-by-Doing 98

Skip Prichard

JUNE 1, 2020

Daniel Kahneman. Technology has connected more people in more places at more times than ever before. If you’re operating as a know-it-all, you have an underlying belief that that any new stuff really isn’t of much value. I recently spoke with him about his work. We’re blind to our blindness. The second cost is ego.

Leadership 110

Leadership Open-book Learning-by-Doing Quality 110

Harvard Business Review

FEBRUARY 29, 2012

This idea of prospect theory, developed by Tversky and Kahneman and reported in a classic 1979 article (for which the Nobel prize was awarded) demonstrated that individuals do not make decisions rationally by selecting options with the highest expected value, because they are risk-averse and 'losses loom larger than gains.'.

Kahneman 16

Kahneman Tversky Company Innovation 16

Harvard Business Review

NOVEMBER 10, 2011

In 1995, a young Harvard Business School Professor co-authored an article in Harvard Business Review , "Disruptive Technology: Catching the Wave." The halo effect leads companies to assuming their best operators can seamlessly shift into innovation work. Some can, but many cannot. Any other ideas? *

Innovation 15

Innovation Disruptive Innovation Christensen Kahneman 15

Harvard Business Review

AUGUST 14, 2018

The term “digital firms” refers to those companies that from their inception have focused on digital services enabled by the internet and related technologies, including mobile. imposing technological platforms developed for the U.S. failure to fully embed operations in China. market on China.

Competitive Advantage 14

Competitive Advantage Business Model Technology Marketing 14