• 12 Mar 2006
• Research & Ideas

New Research Explores Multi-Sided Markets

platform ecosystem by adding new sides and platform functions that might be valuable to the existing sides and therefore create positive synergies (and dominant firms!). Q: You draw a distinction between two-sided platforms and... View Details

Keywords: by Sean Silverthorne; Technology

• 15 Jul 2019
• Book

Many Executives Are Afraid of Finance. Here's How They Can Gain Confidence

overconfidence. Exaggerating synergies and ignoring integration costs Synergy is the idea that once merged, the value of two companies will be greater than the sum of the... View Details

Keywords: by Dina Gerdeman

• 01 Oct 2012
• Research & Ideas

Better by the Bundle?

bundle—known as an Extra Value Meal—for cheaper than the products would cost if purchased individually. “Bundling is pervasive in several markets, and it works in many cases” But those same customers might not value being given only the... View Details

Keywords: by Dina Gerdeman

• 14 Dec 2010
• First Look

First Look: Dec. 14

and suggests that corporate diversification can serve an important insurance function for investors. Download the paper: http://www.hbs.edu/research/pdf/10-101.pdf The Psychological Costs of Pay-for-Performance: Implications for Strategic... View Details

Keywords: Sean Silverthorne

• 01 Dec 1997
• News

Multimedia Martha: Sharon Patrick Cooks Up A Winner

development costs on a per-unit basis. We also focus on providing information, not entertainment. Although she's written and talked about as a celebrity, Martha is really a teacher. We put our how-to content out there, and we let people... View Details

• 17 Jun 2017
• Research & Ideas

Amazon, Whole Foods Deal a Big Win for Consumers

Source: 400tmax Editor's Note. Online retailing behemoth Amazon announced June 16 that it would acquire upscale grocery chain Whole Foods Market in a deal valued at more than $13 billion. Though the company has dabbled with the idea of a brick-and-mortar footprint in... View Details

Keywords: by Jose Alvarez and Len Schlesinger; Retail

• Web

Research - Behavioral Finance & Financial Stability

risk and the cost of equity (the beta anomaly): As firms lever up, the overall cost of capital falls as leverage increases equity beta, but as debt becomes riskier the marginal benefit of increasing equity... View Details

• 11 Aug 2008
• Research & Ideas

Strategy Execution and the Balanced Scorecard

budget be driven from the revenue targets in the strategic plan. In The Execution Premium, we describe how a time-driven activity-based cost model provides the previously missing link between the revenue growth targets in a strategic plan... View Details

Keywords: by Martha Lagace

• 20 Nov 2012
• First Look

First Look: November 20

advertising agency services and the slow pace of change over several decades. We model an agency's decision as a tradeoff between the fixed cost to the advertiser of establishing a relationship with an agency and pecuniary economies of... View Details

Keywords: Sean Silverthorne

• 02 Apr 2001
• Research & Ideas

Not All M&As Are Alike—and That Matters

geographically by rolling up other companies in adjacent territories. Usually, the operating unit remains local if the relationship with local customers is important. What the acquiring company brings is some combination of lower operating View Details

Keywords: by Joseph L. Bower

• 04 Jun 2012
• Research & Ideas

The Business of Life

of our lives, we just deprive ourselves of a very important input." Christensen explores the synergies between economic logic and personal conviction in his new book, How Will You Measure Your Life? Coauthored with James Allworth (HBS MBA... View Details

Keywords: by Carmen Nobel

• 29 Aug 2005
• Research & Ideas

How Organizations Create Social Value

organizations wanting to create social value. The researchers stressed the importance of synergies between Economic Value (EV) and Social Value (SV), calling them "two sides of the same coin." By aligning EV and SV, both... View Details

Keywords: by Manda Salls

• 04 Apr 2017
• First Look

First Look at New Research, April 4

forthcoming American Political Science Review Voter Registration Costs and Disenfranchisement: Experimental Evidence from France By: Braconnier, Céline, Jean-Yves Dormagen, and Vincent Pons Abstract—A large-scale randomized experiment... View Details

Keywords: Sean Silverthorne

• 08 Nov 2011
• First Look

First Look: Nov. 8

and discuss how the combined effect of increased market concentration and cost synergies can be assessed efficiently. Download the paper: http://www.hbs.edu/research/pdf/12-031.pdf Investment Cycles and... View Details

Keywords: Sean Silverthorne

• 20 Mar 2000
• Research & Ideas

Incubators: The New Venture Capitalists?

sometime incubate those. We sometimes partner with people that have those. But what we do is create economic coalitions between those atomic units in order to provide for the delivery to the customer of a complete solution." With venture capital funds, he said,... View Details

Keywords: by Kenneth Liss

• 24 Apr 2006
• Research & Ideas

Managing Alignment as a Process

corporate synergies should be defined at the top and realized in the business units. Just as the CFO coordinates the budgeting process, a senior executive should coordinate the alignment process—a responsibility for the Office of Strategy... View Details

Keywords: by Robert S. Kaplan & David P. Norton; Apparel & Accessories; Fashion; Consumer Products; Retail