Download or read book Trade Off written by Kevin Maney and published by Currency. This book was released on 2010-08-17 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Fresh and Important New Way to Understand Why We Buy Why did the RAZR ultimately ruin Motorola? Why does Wal-Mart dominate rural and suburban areas but falter in large cities? Why did Starbucks stumble just when it seemed unstoppable? The answer lies in the ever-present tension between fidelity (the quality of a consumer’s experience) and convenience (the ease of getting and paying for a product). In Trade-Off, Kevin Maney shows how these conflicting forces determine the success, or failure, of new products and services in the marketplace. He shows that almost every decision we make as consumers involves a trade-off between fidelity and convenience–between the products we love and the products we need. Rock stars sell out concerts because the experience is high in fidelity-–it can’t be replicated in any other way, and because of that, we are willing to suffer inconvenience for the experience. In contrast, a downloaded MP3 of a song is low in fidelity, but consumers buy music online because it’s superconvenient. Products that are at one extreme or the other–those that are high in fidelity or high in convenience–-tend to be successful. The things that fall into the middle-–products or services that have moderate fidelity and convenience-–fail to win an enthusiastic audience. Using examples from Amazon and Disney to People Express and the invention of the ATM, Maney demonstrates that the most successful companies skew their offerings to either one extreme or the other-–fidelity or convenience-–in shaping products and building brands.
Download or read book Trade Offs written by Harold Winter and published by University of Chicago Press. This book was released on 2013-02-25 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: How economists analyze real-world issues from overeating to organ transplants: “A wonderful introduction to economics for the layperson.” —Choice When economists wrestle with issues such as unemployment, inflation, or budget deficits, they do so by incorporating an impersonal, detached mode of reasoning. But economists also analyze issues that, to others, typically do not fall within the realm of economic reasoning, such as organ transplants, cigarette addiction, overeating, and product safety. Trade-Offs is an introduction to the economic approach to analyzing these controversial public policy issues. Harold Winter provides readers with the analytical tools needed to identify and understand the trade-offs associated with these topics. By considering both the costs and benefits of potential policy solutions, Winter stresses that real-world decision making is best served by an explicit recognition of as many trade-offs as possible. This new edition incorporates recent developments in policy debates, including the rise of “new paternalism,” or policies designed to protect people from themselves; alternative ways to increase the supply of organs available for transplant; and economic approaches to controlling infectious disease. Intellectually stimulating yet accessible and entertaining, Trade-Offs will be appreciated by students of economics, public policy, health administration, political science, and law—as well as by anyone who follows current social policy debates. “This precious little book will become widespread reading in basic courses on economics, but every sensible person interested in societal matters and not familiar with law and economics issues should also read it.” —History of Economic Ideas
Download or read book Life is the Trade Off written by Deoliver Davis and published by . This book was released on 2019-05-15 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade-off and optimization if you remember anything, remember these two words. One thing that is unacceptable, the one thing that is deplorable, is how you don't go after what you want. Life is short, so it would behoove you to chase your goals, whether you attain them or not, but know there are consequences in doing so. This book explains the importance of chasing your goals despite repercussions because you only get one crack at an unfair life. Time is constantly moving, and because the tradeoff is unavoidable and omnipresent, it is encouraged you live life in pursuit of optimization. Life Is the Trade-Off is comprised of mini stories inspired by the author's personal experiences that will take you through the entire journey of life. Each story is told through your eyes, highlighting your trade-offs, as you wrestle to attain optimization and solace, in a world you will eventually know as wretched and unfavorable. You will learn that as you take one step forward, life will take you one step backward. And even when things appear promising, life will so cleverly find a way to turn your own positives against you.
Download or read book The Trade Off written by Louise Maniscalco and published by Diversion Books. This book was released on 2014-11-25 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: "With wit and sharp insight, the authors of THE TRADE OFF provide a behind-the-scenes peek at the Machiavellian world of a luxury Manhattan store, its executives, designers, clerks—and demanding socialite customers. Told in the knowing voice of the store’s ambitious shopping salon director, THE TRADE OFF is a fast-paced, entertaining read.” —Dr. Joyce Brown, President of Fashion Institute of Technology Go behind the window displays. Behind the racks. Two personal shoppers for Manhattan's biggest department stores have written a wildly dishy novel that goes behind the dressing rooms of New York’s fashion elite. At Frankel’s New York, the wives of billionaires and Hollywood celebrities sip champagne while stylists and tailors cater to every whim. And one person has made it her career to help these Amex-wielding shoppers create the perfect look. Bonnie Salerno Madden knows all of her client’s preferences, whims, and fantasies. She knows the price they paid to gain access to the salon where having Bonnie as their private shopper is a first-class ticket to being the toast of the New York high-fashion social scene. But while Bonnie is all elegance on the outside, she’s barely keeping it together on the inside. A single mom to a special needs child, she needs her high-pressure job to care for her family. And when that job is put in jeopardy, Bonnie will need to make some of the riskiest choices of her life to guarantee a better future for her son, and for herself. With the opportunity to live in her own fairy tale, will Bonnie have what it takes to make the trade off? “THE TRADE OFF is a riveting page-turner even for a non-shopper like me. The ultimate tale of New York life.”—David Patrick Columbia, newyorksocialdiary.com
Download or read book Trade off Analytics written by Gregory S. Parnell and published by John Wiley & Sons. This book was released on 2016-10-25 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents information to create a trade-off analysis framework for use in government and commercial acquisition environments This book presents a decision management process based on decision theory and cost analysis best practices aligned with the ISO/IEC 15288, the Systems Engineering Handbook, and the Systems Engineering Body of Knowledge. It provides a sound trade-off analysis framework to generate the tradespace and evaluate value and risk to support system decision-making throughout the life cycle. Trade-off analysis and risk analysis techniques are examined. The authors present an integrated value trade-off and risk analysis framework based on decision theory. These trade-off analysis concepts are illustrated in the different life cycle stages using multiple examples from defense and commercial domains. Provides techniques to identify and structure stakeholder objectives and creative, doable alternatives Presents the advantages and disadvantages of tradespace creation and exploration techniques for trade-off analysis of concepts, architectures, design, operations, and retirement Covers the sources of uncertainty in the system life cycle and examines how to identify, assess, and model uncertainty using probability Illustrates how to perform a trade-off analysis using the INCOSE Decision Management Process using both deterministic and probabilistic techniques Trade-off Analytics: Creating and Exploring the System Tradespace is written for upper undergraduate students and graduate students studying systems design, systems engineering, industrial engineering and engineering management. This book also serves as a resource for practicing systems designers, systems engineers, project managers, and engineering managers. Gregory S. Parnell, PhD, is a Research Professor in the Department of Industrial Engineering at the University of Arkansas. He is also a senior principal with Innovative Decisions, Inc., a decision and risk analysis firm and has served as Chairman of the Board. Dr. Parnell has published more than 100 papers and book chapters and was lead editor of Decision Making for Systems Engineering and Management, Wiley Series in Systems Engineering (2nd Ed, Wiley 2011) and lead author of the Handbook of Decision Analysis (Wiley 2013). He is a fellow of INFORMS, the INCOSE, MORS, and the Society for Decision Professionals.
Download or read book The 360 Corporation written by Sarah Kaplan and published by Stanford University Press. This book was released on 2019-09-03 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies are increasingly facing intense pressures to address stakeholder demands from every direction: consumers want socially responsible products; employees want meaningful work; investors now screen on environmental, social, and governance criteria; "clicktivists" create social media storms over company missteps. CEOs now realize that their companies must be social as well as commercial actors, but stakeholder pressures often create trade-offs with demands to deliver financial performance to shareholders. How can companies respond while avoiding simple "greenwashing" or "pinkwashing"? This book lays out a roadmap for organizational leaders who have hit the limits of the supposed win-win of shared value to explore how companies can cope with real trade-offs, innovating around them or even thriving within them. Suggesting that the shared-value mindset may actually get in the way of progress, bestselling author Sarah Kaplan shows in The 360° Corporation how trade-offs, rather than being confusing or problematic, can actually be the source of organizational resilience and transformation.
Download or read book Ambidextrous Leadership written by Julia Duwe and published by Springer Nature. This book was released on 2021-11-20 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book prepares leaders for fundamental change processes of organizations. In times of radical changes and unplanned crises, ambidexterity has become a key competence of global companies. Ambidextrous organizations manage to improve their core business, while at the same time opening up new business fields for the future. To unlock innovation next to the running business, it is essential for leaders to be ambidextrous. How these balanced leaders can operate with two different styles is demonstrated in numerous practical examples and tips for successful implementation. The book illustrates how the trade-off can be turned into an elegant balancing act. Learn how to become an ambidextrous leader in this standard work on ambidexterity and leadership. · Ambidexterity as a leadership approach for the digital transformation · Consciously shaping the digital change process · Enabling leaps in innovation · Driving evolution and revolution simultaneously · The relevance of ambidextrous leadership in times of crisis The book provides easy-to-implement courses of action for executives to consciously and actively shape change, to inspire people in companies to release their creative potential and to make the leap into the future as an organization. The book also addresses the consequences of the COVID-19 pandemic on crisis management. It documents how ambidextrous leadership skills are becoming a key competence in times of crisis.
Download or read book The ETTO Principle Efficiency Thoroughness Trade Off written by Professor Erik Hollnagel and published by Ashgate Publishing, Ltd.. This book was released on 2012-10-01 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accident investigation and risk assessment have for decades focused on the human factor, particularly ‘human error’. This bias towards performance failures leads to a neglect of normal performance. It assumes that failures and successes have different origins so there is little to be gained from studying them together. Erik Hollnagel believes this assumption is false and that safety cannot be attained only by eliminating risks and failures. The alternative is to understand why things go right and to amplify that. The ETTO Principle looks at the common trait of people at work to adjust what they do to match the conditions. It proposes that this efficiency-thoroughness trade-off (ETTO) is normal. While in some cases the adjustments may lead to adverse outcomes, these are due to the same processes that produce successes.
Download or read book Equality and Efficiency REV written by Arthur M. Okun and published by Brookings Institution Press. This book was released on 2015-04-30 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of "economic philosophy," I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers
Download or read book The Ethical Algorithm written by Michael Kearns and published by . This book was released on 2020 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Algorithms have made our lives more efficient and entertaining--but not without a significant cost. Can we design a better future, one in which societial gains brought about by technology are balanced with the rights of citizens? The Ethical Algorithm offers a set of principled solutions based on the emerging and exciting science of socially aware algorithm design.
Download or read book Reducing the Logistics Burden for the Army After Next written by National Research Council and published by National Academies Press. This book was released on 1999-03-22 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study assesses the potential of new technology to reduce logistics support requirements for future Army combat systems. It describes and recommends areas of research and technology development in which the Army should invest now to field systems that will reduce logistics burdens and provide desired capabilities for an "Army After Next (AAN) battle force" in 2025.
Download or read book The Power of And written by R. Edward Freeman and published by Columbia University Press. This book was released on 2020-06-16 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea that business is only about the money doesn’t hold true in the twenty-first century, when companies around the world are giving up traditional distinctions in order to succeed. Yet our expectations for businesses remain under the sway of an outdated worldview that emphasizes profits for shareholders above all else. The Power of And offers a new narrative about the nature of business, revealing the focus on responsibility and ethics that unites today’s most influential ideas and companies. R. Edward Freeman, Kirsten E. Martin, and Bidhan L. Parmar detail an emerging business model built on five key concepts: prioritizing purpose as well as profits; creating value for stakeholders as well as shareholders; seeing business as embedded in society as well as markets; recognizing people’s full humanity as well as their economic interests; and integrating business and ethics into a more holistic model. Drawing on examples across companies, industries, and countries, they show that these values support persevering in hard times and prospering over the long term. Real-world success stories disprove the conventional wisdom that there are unavoidable trade-offs between acting ethically and succeeding financially. The Power of And presents a conceptual revolution about what it means for business to be responsible, providing a new story for us to tell in order to help all kinds of companies thrive.
Download or read book Tradeoff Decisions in System Design written by A. Terry Bahill and published by Springer. This book was released on 2016-12-14 with total page 716 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook is about three key aspects of system design: decision making under uncertainty, trade-off studies and formal risk analyses. Recognizing that the mathematical treatment of these topics is similar, the authors generalize existing mathematical techniques to cover all three areas. Common to these topics are importance weights, combining functions, scoring functions, quantitative metrics, prioritization and sensitivity analyses. Furthermore, human decision-making activities and problems use these same tools. Therefore, these problems are also treated uniformly and modeled using prospect theory. Aimed at both engineering and business practitioners and students interested in systems engineering, risk analysis, operational management, and business process modeling, Tradeoff Decisions in System Design explains how humans can overcome cognitive biases and avoid mental errors when conducting trade-off studies and risk analyses in a wide range of domains. With generous use of examples as a common thread across chapters this book. “This book provides an excellent road map for designing and producing competitive products.”
Download or read book Trade Offs in Analog Circuit Design written by Chris Toumazou and published by Springer Science & Business Media. This book was released on 2007-05-08 with total page 1065 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the frequency of communication systems increases and the dimensions of transistors are reduced, more and more stringent performance requirements are placed on analog circuits. This is a trend that is bound to continue for the foreseeable future and while it does, understanding performance trade-offs will constitute a vital part of the analog design process. It is the insight and intuition obtained from a fundamental understanding of performance conflicts and trade-offs, that ultimately provides the designer with the basic tools necessary for effective and creative analog design. Trade-offs in Analog Circuit Design, which is devoted to the understanding of trade-offs in analog design, is quite unique in that it draws together fundamental material from, and identifies interrelationships within, a number of key analog circuits. The book covers ten subject areas: Design methodology, Technology, General Performance, Filters, Switched Circuits, Oscillators, Data Converters, Transceivers, Neural Processing, and Analog CAD. Within these subject areas it deals with a wide diversity of trade-offs ranging from frequency-dynamic range and power, gain-bandwidth, speed-dynamic range and phase noise, to tradeoffs in design for manufacture and IC layout. The book has by far transcended its original scope and has become both a designer's companion as well as a graduate textbook. An important feature of this book is that it promotes an intuitive approach to understanding analog circuits by explaining fundamental relationships and, in many cases, providing practical illustrative examples to demonstrate the inherent basic interrelationships and trade-offs. Trade-offs in Analog Circuit Design draws together 34 contributions from some of the world's most eminent analog circuits-and-systems designers to provide, for the first time, a comprehensive text devoted to a very important and timely approach to analog circuit design.
Download or read book The Trade Off Myth written by Eban Goodstein and published by Island Press. This book was released on 1999-09 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many Americans believe three things about jobs and the environment: that the implementation of environmental protection measures has created ongoing, widespread unemployment; that it has caused large numbers of plant shutdowns and layoffs in manufacturing; and that it has led many U.S. firms to flee to developing countries with lax environmental regulations. Virtually all economists who have studied the issue agree that each of these propositions is false.In The Trade-Off Myth, economist Eban Goodstein provides an in-depth examination of the deep-seated, but ultimately mistaken, American belief in a widespread jobs-environment trade-off. Remarkably, his is the first book to state unambiguously the truth about jobs and the environment. Goodstein offers a readable and accessible analysis of the labor impacts of environmental regulation, as he: considers the roots and staying power of misperceptions regarding job security and environmental regulation analyzes various models used to predict employment impacts, and explains how changes in assumptions can drastically change predicted outcomes lists and debunks, myth-by-myth, widely held perceptions about the impacts of environmental regulation on jobs examines localized hardships caused by environmental protection measures within specific industries and regions, and considers what can be done to mitigate those impacts explores the revisionist view that environmental protection measures can actually create jobs looks at jobs-environment issues that are likely to emerge as we attack the problem of global warming.The Trade-Off Myth presents in clear, accessible language the consensus of economists who have examined the jobs-environment issue, and offers the first comprehensive look at the truth behind the myths that pervade discourse on environmental regulation. It will be essential reading for environmentalists, concerned citizens, policymakers, public officials, and anyone involved with debates over strengthening environmental regulations.
Download or read book The Great Mental Models Volume 1 written by Shane Parrish and published by Penguin. This book was released on 2024-10-15 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the essential thinking tools you’ve been missing with The Great Mental Models series by Shane Parrish, New York Times bestselling author and the mind behind the acclaimed Farnam Street blog and “The Knowledge Project” podcast. This first book in the series is your guide to learning the crucial thinking tools nobody ever taught you. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. The Great Mental Models: Volume 1, General Thinking Concepts shows you how making a few tiny changes in the way you think can deliver big results. Drawing on examples from history, business, art, and science, this book details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making and productivity. This book will teach you how to: Avoid blind spots when looking at problems. Find non-obvious solutions. Anticipate and achieve desired outcomes. Play to your strengths, avoid your weaknesses, … and more. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage.
Download or read book Principles of Conflict Economics written by Charles H. Anderton and published by Cambridge University Press. This book was released on 2009-03-16 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conflict economics contributes to an understanding of violent conflict in two important ways. First, it applies economic analysis to diverse conflict activities such as war, arms races, and terrorism, showing how they can be understood as purposeful choices responsive to underlying incentives. Second, it treats appropriation as a fundamental economic activity, joining production and exchange as a means of wealth acquisition. Drawing on a half-century of scholarship, this book presents a primer on the key themes and principles of conflict economics. Although much work in the field is abstract, the book is made accessible to a broad audience of scholars, students and policymakers by relying on historical data, relatively simple graphs and intuitive narratives. In exploring the interdependence of economics and conflict, the book presents current perspectives of conflict economics in novel ways and offers new insights into economic aspects of violence.
