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Organizations also need to design systems to manage errors after they occur and before they cause significant harm.
Developing more accurate costing systems For decades, business schools taught costing heuristics to management accounting students. But those “rules of thu...
Econometric model bests Wall Street analysis. Unfortunately for investors, retail merchandise inventory doesn’t come with a freshness date. Knowing the age...
One of the most common statistics used by Wall Street analysts to predict future sales for publicly held retailers is by examining past sales performance. ...
Rules of thumb play an important role in effective strategy Pressure is a way of life in many companies – especially high-tech, young and entrepreneurial f...
Applying financial options to consumer marketing pays After the final buzzer sounds at the NCAA men’s basketball Final Four, fans send payment to the leagu...
What is the link between reporting transparency, risk and regulation? A New Yorker cartoon shows a father telling his teenage son, “You can learn from your...
When valued employees announce their resignation, their employer is often sorry to see them go. And for those people, the company should keep its doors ope...
Competition between rival firms increases the value of employees. In studying mergers between competing firms, finance professor Paolo Fulghieri found that...
When is it best to outsource? How does the strength of your rivals affect your decision? How do you balance the downsides of less product differentiation a...
Powerful speech is needed to seem competent and thus gain status and leadership within a group or company, this is not always true.
Sometimes the best intentions have negative consequences. In 2008, the Securities and Exchange Commission (SEC) reactively put in place two temporary rules...
Issues of transparency and liquidity have taken on particular relevance. Investors feel more confident buying if they know what they’re getting for their ...
In economic downturns, consumers are more likely to turn to private labels. The marketers of Swiffer would like you to believe their state-of-the-art dust...
Driving adoption of wireless web services in the U.S. Cell phones are ubiquitous but could be more useful to consumers — and more profitable for wireless s...
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