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  • 16 Jan 2006
  • Research & Ideas

Adam Smith, Behavioral Economist?

subject to varying levels of psychological influences. Although the importance of psychological factors may be something that business leaders have long understood, the field of economics has only relatively recently been equipped with the View Details
Keywords: by Ann Cullen
  • January 2014 (Revised April 2025)
  • Supplement

The PGA Tour (F)

By: Ramon Casadesus-Masanell and Cole Magrath

In 1994, the PGA Tour (the "Tour"), the dominant incumbent professional golf circuit, had created tremendous value for its players. In the 1974 season, players competed for $8 million in prize money; by the 1994 season, the total prize purse had increased to $56... View Details

Keywords: PGA Tour; Tim Finchem; Deane Beman; Golf; Professional Golf; Business Model; Value Creation; Adaptation; Sports; Business Strategy; Sports Industry; United States
Related
  • January 2014 (Revised April 2025)
  • Supplement

The PGA Tour (E)

By: Ramon Casadesus-Masanell and Cole Magrath

In 1994, the PGA Tour (the "Tour"), the dominant incumbent professional golf circuit, had created tremendous value for its players. In the 1974 season, players competed for $8 million in prize money; by the 1994 season, the total prize purse had increased to $56... View Details

Keywords: PGA Tour; Tim Finchem; Deane Beman; Golf; Professional Golf; Business Model; Value Creation; Adaptation; Sports; Business Strategy; Sports Industry; United States
Related
  • November 2022
  • Teaching Note

Proximie: Using XR Technology to Create Borderless Operating Rooms

By: Ariel D. Stern, Alpana Thapar and Menna Hassan
Founded by Nadine Hachach-Haram in 2016, Proximie was a digital medicine platform that used mixed reality and a host of digital audio and visual tools to enable clinicians, proctors, and medical device company personnel to be virtually present in operating rooms (ORs),... View Details
Keywords: Technological Innovation; Business Growth and Maturation; Growth and Development Strategy; Corporate Social Responsibility and Impact; Decision Making; Health Industry; Medical Devices and Supplies Industry
Related
  • January 2014 (Revised April 2025)
  • Supplement

The PGA Tour (B)

By: Ramon Casadesus-Masanell and Cole Magrath

In 1994, the PGA Tour (the "Tour"), the dominant incumbent professional golf circuit, had created tremendous value for its players. In the 1974 season, players competed for $8 million in prize money; by the 1994 season, the total prize purse had increased to $56... View Details

Keywords: PGA Tour; Tim Finchem; Deane Beman; Golf; Professional Golf; Business Model; Value Creation; Adaptation; Sports; Business Strategy; Sports Industry; United States
Related
  • December 2013 (Revised April 2025)
  • Case

The PGA Tour (A)

By: Ramon Casadesus-Masanell and Cole Magrath

In 1994, the PGA Tour (the "Tour"), the dominant incumbent professional golf circuit, had created tremendous value for its players. In the 1974 season, players competed for $8 million in prize money; by the 1994 season, the total prize purse had increased to $56... View Details

Keywords: PGA Tour; Tim Finchem; Deane Beman; Golf; Professional Golf; Business Model; Value Creation; Competition; Adaptation; Monopoly; Globalization; Sports; Business Strategy; Sports Industry; United States
Related
  • 27 Jun 2019
  • Research & Ideas

Rituals Strengthen Couples. Here’s Why They’re Good for Business, Too

rituals are one underutilized tool for enhancing people's emotional experiences," Norton says. "And our research shows that when people do spend money on rituals, especially with their partners, they consider it both money and time... View Details
Keywords: by Dina Gerdeman
  • 25 Sep 2019
  • Research & Ideas

The Economic Cost of Physician Burnout

a spreadsheet tool they developed that any organization can use to plug in their own figures and calculate their own potential costs of not dealing with burnout. “In every other management decision, you try to have as complete a picture... View Details
Keywords: by Michael Blanding; Health
  • 01 Apr 2020
  • Blog Post

The Product Design Sprint - 5 Things I Learned in Launch Lab 1

necessary, but it turned out that our scope could be much smaller, and it would still have a great impact. 4. Get really out there – within reason. Throughout the design sprint, Jake taught us a tool called “time boxing.” Whenever we did... View Details
  • 12 Jan 2023
  • News

‘Debiasing’ Debt with Data

HBS gave Ballard the tools needed to transform his idea from an altruistic impulse to a real venture, starting with an emphasis on good data, he says. “I remember my first-year finance professor would always say ‘garbage in, garbage out,’... View Details
Keywords: Ralph Ranalli
  • 02 Dec 2010
  • What Do You Think?

Making Right Choices: Art or Science?

relation to our perceptions of ourselves. The order in which we encounter options affects our choice (the first and last interviewed in hiring, for example, have an advantage, explaining why "traditional interviews are actually one of the least useful View Details
Keywords: by Jim Heskett
  • Web

Global Business Course | HBS Online

policies that are being implemented by and imposed on my country and the implications they have on our lives. This has equipped me with more tools to make overall better decisions. Daniela Fierro Touché Administration and Registration... View Details
  • 01 Sep 2023
  • News

The Exchange: Where Ethics Meet Economics

and analytics with sound managerial judgment. If you look at the settings in which Max and I have been involved, it’s not that organizations weren’t using data; they were. But the economics and behavioral science tool kit can help... View Details
Keywords: Jen McFarland Flint; Data Processing, Hosting, and Related Services; Information
  • Web

Disruptive Innovation Online Course | HBS Online

principles and creative problem-solving tools to develop innovative solutions to your most challenging business problems. 7 weeks, 6-8 hrs/week Pay by July 24 $1,850 Certificate Negotiation Mastery Professor Michael Wheeler Master... View Details
  • 04 Jun 2012
  • Research & Ideas

The Business of Life

sets out to follow. An emergent strategy involves the decision to follow a new path when opportunity knocks unexpectedly, or when an unexpected roadblock arises. In work and in life, the question is always which path to take. To help answer that question, Christensen... View Details
Keywords: by Carmen Nobel
  • 28 Apr 2003
  • Research & Ideas

Supply Chain Risk: Deal With It

management." The principal tool for managing this relationship is the contract, which can be written to include "transaction compliance measurement, milestone and obligation monitoring, rebate and charge-back management, and... View Details
Keywords: by David Stauffer
  • 18 Aug 2008
  • Research & Ideas

How Disruptive Innovation Changes Education

which customers exchange with each other. For example, telecommunications is a user network because we send information to you, and you send it to us. In education, this will mean that the tools of the software platform will make it so... View Details
Keywords: by Martha Lagace; Education
  • 08 Nov 2018
  • Blog Post

Long Distance Relationships: What if my partner can’t join me at HBS?

Strategy team at Gympass, a fitness and well-being startup. Throughout all those years, HBS was always on my radar. I knew that to become a better leader – be it in consulting or a start-up – HBS would give me the tools to make real... View Details
  • 22 Feb 2022
  • News

Breaking News

to solve for the scale of local news that we need. That’s why we think it’s important to bring in the capital piece. The other important reason to have capital as a tool in the rebuild-local-news tool belt... View Details
Keywords: Jen McFarland Flint; illustration by Dana Smith; News, Library, Internet, and Other Services; Information
  • 09 Jun 2024
  • Blog Post

The EC Formula: MBA Class of 2024 Looks Back

help anyone succeed in any industry: Entrepreneurial Sales 101 with Senior Lecturers Mark Roberge and Lou Shipley. It helps students develop tangible tools to improve dynamic sales techniques. Whether you’re out fundraising with... View Details