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Author: Kyle T. Westra Publisher: ISBN: 9781641372640 Category : Business & Economics Languages : en Pages : 396
Book Description
More than 50% of small businesses fail in their first four years. At the same time, the lifespan of large companies is shrinking. Markets are facing unprecedented disruption. But contrary to popular belief, the Digital Revolution is opening up more, not fewer, areas for companies to serve customer needs profitably. The New Invisible Hand presents a framework for thriving in this new digital world. Inside the book you'll learn how: * Five technological revolutions (reintermediation, monetization, transparency, channel, and data) are shaping markets, industries, and individual companies * With the right framework, companies can take advantage of new opportunities and react to competitive threats * Conventional wisdom about middlemen, price transparency, and monetization models is mistaken * Innovative companies are seizing the opportunity to better solve their customers' needs This book is for you if you've ever struggled to understand how your company should react to different competitive threats enabled by changing technology. You'll learn how five technological revolutions are upturning entire industries and determining new winners and losers in the marketplace. The revolutions of reintermediation, monetization, transparency, channel, and data are the forces that determine who gets what, when, where, how... and at what price. For companies, this represents heretofore unseen levels of peril, but also promise. For customers, this represents an intensified battle to serve their needs best. While we cannot control these five revolutions, we can choose to see our reality as one of opportunity, rather than crisis. Good companies can survive despite them. Great companies can thrive because of them. The New Invisible Hand features many companies that are doing just that. ** The New Invisible Hand is essential reading, full of great content for understanding how to succeed in the economy of today and tomorrow. Kyle T. Westra has done an outstanding job." - Mitch Golub, founder and former president, Cars.com "Kyle T. Westra's work is a must-read for any executive who wants to grasp the challenges and opportunities of the digital economy." - Reuben Jeffery III, former CEO of Rockefeller Financial Services, Inc., and former U.S. under secretary of state "The New Invisible Hand persuasively demonstrates how digital disruption is an opportunity for companies to serve customers better." - Scott Case, founding CTO, Priceline, and co-founder and president, Upside Travel "Kyle T. Westra has written an amazing piece, providing a framework for understanding the technological revolutions disrupting entire industries." - Tanvi Paharia, senior manager, global strategic pricing, Starbucks
Author: Kyle T. Westra Publisher: ISBN: 9781641372640 Category : Business & Economics Languages : en Pages : 396
Book Description
More than 50% of small businesses fail in their first four years. At the same time, the lifespan of large companies is shrinking. Markets are facing unprecedented disruption. But contrary to popular belief, the Digital Revolution is opening up more, not fewer, areas for companies to serve customer needs profitably. The New Invisible Hand presents a framework for thriving in this new digital world. Inside the book you'll learn how: * Five technological revolutions (reintermediation, monetization, transparency, channel, and data) are shaping markets, industries, and individual companies * With the right framework, companies can take advantage of new opportunities and react to competitive threats * Conventional wisdom about middlemen, price transparency, and monetization models is mistaken * Innovative companies are seizing the opportunity to better solve their customers' needs This book is for you if you've ever struggled to understand how your company should react to different competitive threats enabled by changing technology. You'll learn how five technological revolutions are upturning entire industries and determining new winners and losers in the marketplace. The revolutions of reintermediation, monetization, transparency, channel, and data are the forces that determine who gets what, when, where, how... and at what price. For companies, this represents heretofore unseen levels of peril, but also promise. For customers, this represents an intensified battle to serve their needs best. While we cannot control these five revolutions, we can choose to see our reality as one of opportunity, rather than crisis. Good companies can survive despite them. Great companies can thrive because of them. The New Invisible Hand features many companies that are doing just that. ** The New Invisible Hand is essential reading, full of great content for understanding how to succeed in the economy of today and tomorrow. Kyle T. Westra has done an outstanding job." - Mitch Golub, founder and former president, Cars.com "Kyle T. Westra's work is a must-read for any executive who wants to grasp the challenges and opportunities of the digital economy." - Reuben Jeffery III, former CEO of Rockefeller Financial Services, Inc., and former U.S. under secretary of state "The New Invisible Hand persuasively demonstrates how digital disruption is an opportunity for companies to serve customers better." - Scott Case, founding CTO, Priceline, and co-founder and president, Upside Travel "Kyle T. Westra has written an amazing piece, providing a framework for understanding the technological revolutions disrupting entire industries." - Tanvi Paharia, senior manager, global strategic pricing, Starbucks
Author: Stephan M. Liozu Publisher: Taylor & Francis ISBN: 1000892816 Category : Business & Economics Languages : en Pages : 340
Book Description
Digital Pricing Strategy provides a best-practice overview of how companies design, analyze, and execute digital pricing strategies. Bringing together insights from academic and professional experts globally, the text covers essential areas of the value and pricing of data, platform pricing, pricing of subscriptions and monetization of the global environment. Case studies, examples and interviews from leading organizations, including Zuora, Honeywell, Relayr, Alcatel Lucent, ABB, Thales, and General Electric, illustrate key concepts in practice. To aid student learning, chapter objectives, summaries, and key questions feature in every chapter, alongside PowerPoint slides and a test bank available online for lecturers. Comprehensive and applied in its approach, this text provides postgraduate, MBA, and Executive Education students with an understanding of the capabilities, processes, and tools that enable executives to effectively implement digital transformations and capture value from digital innovations.
Author: Tim J. Smith Publisher: John Wiley & Sons ISBN: 1119183197 Category : Business & Economics Languages : en Pages : 212
Book Description
Practical guidance and a fresh approach for more accurate value-based pricing Pricing Done Right provides a cutting-edge framework for value-based pricing and clear guidance on ideation, implementation, and execution. More action plan than primer, this book introduces a holistic strategy for ensuring on-target pricing by shifting the conversation from 'What is value-based pricing?' to 'How can we ensure that our pricing reflects our goals?' You'll learn to identify the decisions that must be managed, how to manage them, and who should make them, as illustrated by real-world case studies. The key success factor is to build a pricing organization within your organization; this reveals the relationships between pricing decisions, how they affect each other, and what the ultimate effects might be. With this deep-level insight, you are better able to decide where your organization needs to go. Pricing needs to be done right, and pricing decisions have to be made—but are you sure that you're leaving these decisions to the right people? Few managers are confident that their prices accurately reflect the cost and value of their product, and this uncertainty leaves money on the table. This book provides a practical template for better pricing strategies, methods, roles, and decisions, with a concrete roadmap through execution. Identify the right questions for pricing analyses Improve your pricing strategy and decision making process Understand roles, accountability, and value-based pricing Restructure perspectives to help pricing reflect your organization's goals The critical link between pricing and corporate strategy must be reflected in the decision making process. Pricing Done Right provides the blueprint for more accurate pricing, with expert guidance throughout the change process.
Author: Ulrich van Suntum Publisher: Springer Science & Business Media ISBN: 9783540204978 Category : Business & Economics Languages : en Pages : 284
Book Description
An easy-to-read and comprehensive description of the world of economics. Includes simple graphics, comprehensive examples, numerous anecdotes and historical illustrations. Instructive and entertaining at the same time.
Author: Mittermaier, Karl Publisher: Bristol University Press ISBN: 1529209099 Category : Business & Economics Languages : en Pages : 278
Book Description
Available Open Access under CC-BY-NC-ND Made famous by the Enlightenment thinker Adam Smith, the concept of an ‘invisible hand’ might be taken to imply that a government that governs least governs the best, from the viewpoint of society. Here an invisible hand appears to represent unfettered market forces. Drawing from this much-contested notion, Mittermaier indicates why such a view represents only one side of the story and distinguishes between what he calls pragmatic and dogmatic free marketeers. Published posthumously, with new contributions by Daniel Klein, Rod O’Donnell and Christopher Torr, this book outlines Mittermaier’s main thesis and his relevance for ongoing debates within economics, politics, sociology and philosophy.
Author: Douglas W. Allen Publisher: University of Chicago Press ISBN: 0226014762 Category : History Languages : en Pages : 282
Book Description
Few events in the history of humanity rival the Industrial Revolution. Following its onset in eighteenth-century Britain, sweeping changes in agriculture, manufacturing, transportation, and technology began to gain unstoppable momentum throughout Europe, North America, and eventually much of the world—with profound effects on socioeconomic and cultural conditions. In The Institutional Revolution, Douglas W. Allen offers a thought-provoking account of another, quieter revolution that took place at the end of the eighteenth century and allowed for the full exploitation of the many new technological innovations. Fundamental to this shift were dramatic changes in institutions, or the rules that govern society, which reflected significant improvements in the ability to measure performance—whether of government officials, laborers, or naval officers—thereby reducing the role of nature and the hazards of variance in daily affairs. Along the way, Allen provides readers with a fascinating explanation of the critical roles played by seemingly bizarre institutions, from dueling to the purchase of one’s rank in the British Army. Engagingly written, The Institutional Revolution traces the dramatic shift from premodern institutions based on patronage, purchase, and personal ties toward modern institutions based on standardization, merit, and wage labor—a shift which was crucial to the explosive economic growth of the Industrial Revolution.
Author: Marina Krakovsky Publisher: Springer ISBN: 1137530200 Category : Social Science Languages : en Pages : 229
Book Description
With the rise of the Internet, many pundits predicted that middlemen would disappear. But that hasn't happened. Far from killing the middleman, the Internet has generated a thriving new breed. In The Middleman Economy , Silicon Valley-based reporter Marina Krakovsky elucidates the six essential roles that middlemen play.
Author: Abraham Newman Publisher: ISBN: 9781503625730 Category : BUSINESS & ECONOMICS Languages : en Pages : 504
Book Description
How do high wage countries stay rich in a global digital economy? How Revolutionary was the Digital Revolution constructs a framework for analyzing the international digital era: one that examines the ability of political actors to innovate and experiment in spite of, or perhaps because of, the constraints posed by digital technology. In order to assess the revolutionary nature of the digital era, this book takes four overlapping approaches. First, it examines the reaction of nations, specifically Finland, Japan, and emerging markets, to the dual challenges of globalization and technological change. This section identifies both successful and failed national experiments intended to deal with these dual pressures. Second, it assesses corporate attempts to leverage digital technology to reorganize work. A broad range of issues including off-shoring, open source production systems, and knowledge management are addressed. Third, devoting detailed analysis to the case of mobile telephones, the book offers insights into the political economy of market evolution in the digital era. The final section considers the political ramifications of information technology for critical societal debates ranging from privacy to intellectual property. The contributors to the book map out how the digital revolution shakes up politics, creating new economic and political winners and losers. In order to do so, they connect theories of political economy to the implications of digital technology for international as well as national markets.
Author: Alexander Dolgin Publisher: Springer ISBN: 3642212778 Category : Business & Economics Languages : en Pages : 148
Book Description
The book describes the main directions for the development of the digital society. The author angles its book to those who are interested to know what would replace search engines, and how social networks would evolve; what profit can be made of different forms of informational collaboration (crowdsourcing, collaborative filtering). And, the main thing, how it will influence the structure of the society and human pursuit for happiness. The author does not confine himself to a theory, he sets and solves practical questions: How talent, success and “stardom” are interconnected, how to make money in social networks, what is the business model for the development of entertainment and media, how to measure cultural values, and what is the subjective time of the individual and how to make it qualitative? There have been no answers to these questions before. Internet and social networks have provided tools and data that Alexander Dolgin was the first to use in economics.
Author: Kyle T. Westra
Author: Kyle T. Westra
Author: Stephan M. Liozu
Author: Tim J. Smith
Author: Ulrich van Suntum
Author: Danny Quah
Author: Mittermaier, Karl
Author: Douglas W. Allen
Author: Marina Krakovsky
Author: Abraham Newman
Author: Alexander Dolgin