probability - Publications - Faculty & Research

06 Jul 2023
News

Lessons from Major League Baseball's Game-Changing Innovations

regulations, including a pitch clock, larger bases, and restriction on defensive shifts. READ MORE Dan Morrell: Let's go back to the genesis of some of the changes that were ruled out this season, right?- And I think you've probably... View Details

07 Apr 2022
HBS Seminar

Hummy Song, Wharton

December 2022
Article

I Don't 'Recall': The Decision to Delay Innovation Launch to Avoid Costly Product Failure

By: Byungyeon Kim, Oded Koenigsberg and Elie Ofek

Innovations embody novel features or cutting-edge components aimed at delivering desired customer benefits. Oftentimes, however, we observe the need to recall new products shortly after their introduction. Indeed, a firm may rush an innovation to market in an attempt... View Details

Keywords: Innovation Management; Innovation And Strategy; Product Development Strategy; Product Introduction; Quality Control; Product Recalls; Game Theory; Market Timing; Innovation Strategy; Product Launch; Product Development

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04 Sep 2001
Research & Ideas

Governing the Family-Run Business

right people in a timely way to discuss and decide the big issues facing your organization—then your governance system is flawed, should be improved, and probably needs to be made more formal. Given how difficult it is for most people to... View Details

Web

Frequently Asked Questions - MBA

I probably would have fit it in during that block. Unfortunately, I decided to apply to the MBA on the later side, so studied for the GMAT during my radiology clerkship block. Studying during a lighter clerkship like Radiology was doable... View Details

10 Dec 2021
Research & Ideas

Truth Be Told: Unpacking the Risks of Whistleblowing

whistleblowers is to compensate them financially for the costs they incur. We also found that cash-for-information regimes do not increase the number of frivolous tips filed with regulators or change the probability that the employee... View Details

Keywords: by April White

30 Nov 2021
In Practice

What's the Role of Business in Confronting Climate Change?

The 26th annual United Nations Climate Change Conference of the Parties, also known as COP26, ended with a hard-fought pact that called on businesses and governments to meet their climate change goals faster. The event followed an August report by the Intergovernmental... View Details

Keywords: by Lynn Schenk and Dina Gerdeman

04 Mar 2024
Research & Ideas

Want to Make Diversity Stick? Break the Cycle of Sameness

organization or in a decision-making role,” Chang says, “you can have optimism that any progress you made will probably persist beyond your tenure.” You Might Also Like: Career Advice for Minorities and Women: Sharing Your Identity Can... View Details

Keywords: by Michael Blanding

01 Dec 2023
News

Thinking Ahead

As we wind down 2023, there’s talk everywhere of generative AI and how it will fundamentally alter the world as we know it; but how does that translate for your corner of the business world? Is TikTok something you need to take seriously? (Is it time to dance?) We... View Details

Keywords: Julia Hanna; Illustrations by Chris Gash; News, Library, Internet, and Other Services; Information

27 Feb 2023
Research & Ideas

How One Late Employee Can Hurt Your Business: Data from 25 Million Timecards

late on average by 21 minutes. 11.6 percent of shifts were marked absent. Employees missed the start of morning shifts—between 6 a.m. and noon—most. Part-time workers struggled most with coming in on time. One employee’s lateness or absenteeism can increase the View Details

Keywords: by Ben Rand; Retail

01 Mar 2024
News

Game On

It’s raining in Sarasota. And not a light sprinkle but a proper, Florida drenching, so the outdoor courts at the Pickleball Club’s Lakewood Ranch location are deserted. Inside is a different story. Most of the 12 courts are in play. With four people to a court, all... View Details

Keywords: Jen McFarland Flint; photographed by Edward Linsmier; Amusement, Gambling, and Recreation Industries; Arts, Entertainment

20 Aug 2020
Book

From the Plow to the Pill: How Technology Shapes Our Lives

For centuries, the creation of innovative technology—from steam engines and automobiles to computers and smartphones—has dramatically changed the nature of our work. Less deeply understood has been the impact of technology on the inner currents of our personal lives,... View Details

Keywords: by Dina Gerdeman

14 Sep 2021
Blog Post

Top 5 Myths About HBS

supportive this community is. This is probably one of the safest, most supporting communities I've ever existed in. There are a lot of different things that help to facilitate collaboration. Academically, you have a big MBA class, but... View Details

01 Jun 2022
Blog Post

Five Lessons From My First Year at HBS

happened, I probably would not have been where I am today. At HBS, I’ve become more aware and convinced that given our privilege, we ought to give back to those who have helped us along the way, and pay it forward to those who do not and... View Details

19 Sep 2023
Research & Ideas

What Chandrayaan-3 Says About India's Entrepreneurial Approach to Space

unbelievable job. But what’s interesting is that the underlying attitudes are not that different—a lot of experimentation—from those that we’ve seen in the NASA and SpaceX ecosystem in the last decade but with probably a fraction of the... View Details

Keywords: by Clea Simon, Harvard Gazette; Aerospace

Web

Human Behavior & Decision-Making - Faculty & Research

stylized model that illustrates four contributing factors: the probability a customer finds their favorite brand, customers’ willingness to substitute brands, the cost and attractiveness of visiting other stores, and expectations about... View Details

10 Jan 2024
Research & Ideas

Technology and COVID Upended Tipping Norms. Will Consumers Keep Paying?

If you’ve recently ordered food or coffee on an app, you’re probably familiar with the prompt to tip your barista, delivery driver, or sandwich maker. Or even more commonly, when ordering at a casual dining counter, you’ve been asked to... View Details

Keywords: by Anna Lamb, Harvard Gazette

21 Feb 2018
Research & Ideas

When a Competitor Abandons the Market, Should You Advance or Retreat?

firms had an 18 percent increase in the probability that they would pull out. There was no significant change in the same market/different technology grouping. The decision to end a project after a competitor pulls out is often wrong, an... View Details

Keywords: by Rachel Layne; Pharmaceutical; Health

06 Sep 2016
Blog Post

What Makes the HBS MBA unique?

there are five key things that make the HBS MBA unique. 1. The Case Method As you’ve probably heard, the case method is the foundation for the HBS curriculum. The case method makes for a highly engaging and enriching learning experience.... View Details

16 Jul 2020
Research & Ideas

Restaurant Revolution: How the Industry Is Fighting to Stay Alive

want to go to a restaurant? Until people get comfortable with that, nothing’s going to happen.” And reopening won’t be easy, particularly for independent operators like Cohen. “My biggest goal right now is to get people back into restaurants,” she said. “I will View Details

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

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