The Keys to Success

For 150 years, Steinway & Sons has set the standard for the quality manufacture of pianos. The secret to its longevity: a mix of old-world craftsmanship and modern-day management techniques.

Let the Games Begin (.pdf)

“Sports organizations are in a race to identify new, nontraditional revenue streams that are both profitable and sustainable over the long term. This race is complicated by a constantly shifting finish line and a barrage of new challenges and questions: How do I attract the global fan? Is there a way to draw high-value fans to the stadium without losing my traditional fans? Is the … [ Read more ]

Analyzing the Analysts: When do Recommendations Add Value? (.pdf)

This one is a must for any investment class! Jegadeesh, Kim, Krische, and Lee provide a fascinating look at investment analysts. They study stock analyst recommendations. Some of their findings are that analysts tend to prefer glamour stocks (higher growth and with momentum), and firms with whom the analyst’s firm has an investment banking relationship. Additionally, changes in analyst recommendations tend … [ Read more ]

Branding Electrons

The retailing of electricity is often considered a business trading solely on price, but a study of consumers in three European countries shows that more profitable offerings have an audience.