Tag: Strategic Management

Pace of Change: Productivity Paradox

Pace of Change: Productivity Paradox

Productivity has often been cited as a key factor in industrial performance and actions to increase it are said to improve profitability and the wage earning capacity of employees. But the mode we are choosing to perform our job is not working anymore. Productivity paradox refers to slowdown in productivity in the US in 1970s … Continue reading Pace of Change: Productivity Paradox

Desperation is good, but not always in business

Desperation is good, but not always in business

During the season end sale, the company offers gift cards to their customers who make any purchase from its shops and play simple quizzes. Customer who didn't make the first attempt was ready to pay 53% more to win a card from the customer who had not. However only 20% of customers failed to keep … Continue reading Desperation is good, but not always in business