Cost Efficiency - Publications - Faculty & Research

22 Oct 2007
Research & Ideas

Bringing ‘Lean’ Principles to Service Industries

Thanks to the pioneering success of Toyota, the concept of a "lean" operating system has been implemented in countless manufacturing companies and even adapted for industries as diverse as insurance and healthcare. With its focus on standardization, quality... View Details

Keywords: by Julia Hanna; Computer

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Winners & Runners-Up | New Venture Competition

into a thin film strip which can be shipped and stored without refrigeration, eliminating the need for the cold-chain. Vaxess strives to not only lower the cost of distribution, but also increase access to life-saving products for people... View Details

23 Apr 2024
In Practice

Getting to Net Zero: The Climate Standards and Ecosystem the World Needs Now

With each month clocking record-breaking temperatures across the planet, this Earth Day reflected the renewed urgency of regulators and businesses to find climate-change solutions. The US Securities and Exchange Commission recently adopted new rules that will mandate... View Details

Keywords: by Rachel Layne

01 Jun 2024
News

Quantum Leap

day quantum computing becomes a reality is the day conventional digital security ends.) They should even be able to do things that digital computers cannot do at all, like realistically modeling molecules for more efficient drug discovery... View Details

Keywords: Alexander Gelfand; photographed by Chris Sorensen; quantum computing; innovation; leadership; Computer and Electronic Product Manufacturing; Manufacturing

16 Jul 2020
Research & Ideas

Restaurant Revolution: How the Industry Is Fighting to Stay Alive

consumers in the dining area. On average, restaurants spend 30 percent of their revenue on labor. With increasing focus on fair wages and legislated wage increases, restaurants may easily exceed that average. Moreover, restaurants spend roughly equivalently for View Details

Keywords: by Michael S. Kaufman, Lena G. Goldberg, and Jill Avery; Food & Beverage

Web

Health Care - Faculty & Research

They also introduce bundled payment contracts with three insurers for orthopedic surgeries, and join a multi-hospital study for applying time-driven activity-based costing to identify process improvement and View Details

11 Jul 2017
First Look

First Look at New Ideas and Research, July 11

customers, and (4) becoming a supplier to a multisided platform. These ideas can be used by physical as well as online businesses. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=52837 forthcoming The Laryngoscope Time-Driven Activity-Based View Details

Keywords: Sean Silverthorne

08 Aug 2005
Research & Ideas

Decision Rights: Who Gives the Green Light?

Placing decision rights where these combined costs are minimal, the authors write, should lead to optimal decision-making efficiency and therefore better performance. Allocating decision rights in ways that... View Details

Keywords: by Peter Jacobs

30 May 2023
Research & Ideas

Can AI Predict Whether Shoppers Would Pick Crest or Colgate?

to pay $3.27 for fluoride in their toothpaste, and the GPT study results were “quite similar,” with one estimate coming in at $3.40, according to the working paper. Consumer studies like these generally cost upwards of $20,000 and take... View Details

Keywords: by Kristen Senz

09 Jan 2006
Research & Ideas

When Benchmarks Don’t Work

strategies. The strategy map for a support unit typically includes a financial objective to improve its efficiency in supplying services to the enterprise. This objective is usually measured by the cost of... View Details

Keywords: by Robert S. Kaplan; Service

01 Jun 2023
News

Curb Appeal

dumping its waste directly into the ocean. The ensuing shift to landfills and incinerators led to mounting environmental concerns, which the city off-loaded by sending its trash to be buried or burned in places as far afield as Pennsylvania and Ohio—a practice that... View Details

Keywords: Alexander Gelfand; photography by Vance Jacobs; Justice, Public Order, and Safety Activities; Government

01 Dec 2006
What Do You Think?

How Important Is Quality of Labor? And How Is It Achieved?

low-cost labor but rather fearing high-quality labor that comes at low cost." Regarding the migration of labor, Tayyab Rashid said, "High-paying work is knowledge work. That is not going anywhere." Hemant Rachh agreed, saying that " it does matter... View Details

Keywords: by by Jim Heskett

Forthcoming
Article

Half the Firms, Double the Profits: Public Firms' Transformation, 1996–2022

By: Mark J. Roe and Charles C.Y. Wang

The number of public firms in the United States has halved since the beginning of the twenty-first century, causing consternation among corporate and securities law regulators. The dominant explanations, often advanced by Securities and Exchange commissioners when... View Details

Keywords: Corporate Law; Securities Regulation; Sarbanes-Oxley Act; Concentration Levels; Antitrust; Initial Public Offering; Public Ownership; Private Equity; Venture Capital; Mergers and Acquisitions; Monopoly; United States

Citation

SSRN

01 Mar 2024
News

Case Study: Testing the Waters

company offers a line of eight powdered drink mixes that are formulated according to the World Health Organization’s oral rehydration solution—a specific ratio of glucose, sodium, and potassium that can replenish the body more efficiently... View Details

Keywords: Jen McFarland Flint; Food and Beverage Stores; Retail Trade

07 Mar 2016
Blog Post

Living Off Campus at HBS

seem pretty nice and are super close. What’s the biggest benefit to living off campus? Cameron: Off campus you have more privacy, it’s easier for partners working in Boston, you can find larger apartments, and it’s closer to restaurants and bars. Joe: Living off... View Details

19 Sep 2023
Blog Post

2023 Summer Internships in Business & Environment

Summer Fellowship) NetaCarbon is the TurboTax for carbon credit – a carbon credit issuance platform that digitizes and streamlines the process of how carbon projects are created and managed. By reducing the time and cost for project... View Details

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Social Enterprise - Faculty & Research

Beiting Cheng, Ioannis Ioannou and George Serafeim In this paper, we investigate whether superior performance on corporate social responsibility (CSR) strategies leads to better access to finance. We hypothesize that better access to finance can be attributed to a)... View Details

24 May 2018
Research & Ideas

Distance Still Matters in Business, Despite the Internet

Lalocracio Location has always been a vital resource in business. “Location, location, location,” as they say in real estate. But then along came the internet in the 1980s, and suddenly distance-related business costs collapsed for... View Details

Keywords: by Sean Silverthorne; Transportation; Telecommunications; Shipping; Publishing; Technology

September 2012 (Revised May 2015)
Case

Philips-Visicu

By: Regina E. Herzlinger, Natalie Kindred and Sara M. McKinley

Would the advent of global payment models and ACOs create sufficient demand for a telemedicine offering covering the care continuum, from hospitals to the home? This was the decision facing Royal Philips Electronics (Philips), the Netherlands-based producer of... View Details