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With A.G.Lafley back at P&G's helm, you might be reading Playing to Win. You should balance that with another book on P& Soap OperaMost small businesses failures are not due to pricing problem even though most of their #pricing is wrong

If you are trying to drink from the firehouse you are doing it wrong. Know what is relevant, fast.Of course I think small data is now under-rated for analysis and hypothesis proving. Mountains of CPU are used to attack redundant data.
Retweeted by Rags Srinivasan

@wimrampen Wim! I am remarkably appalled :) cc: @rshevlin@mattwensing Intuit?A 26-year-old Indian woman is the first female amputee to climb Mt. Everest. http://t.co/PTEfaPuH8k
Retweeted by Rags Srinivasan@alexpozin come on you have to show an example of all 3@Brian_Logi I get deflation. My question is whether it is even remotely relevant with cupcakes. what job were customers hiring cupcakes for?@agufonte if it has FC allocation then it is not appropriate to say sold below cost

@agufonte Is the $200 cost all variable cost or does it have fixed cost allocation? would you tell me the source for that number?@PradSam no. you are utility maximizing99.9% of what we get to read is junk and worse insult our intelligenceThought no one could top techcrunch writers' keen business acumen and expertise in M&A. Proved wrong by this http://t.co/W3cKg61dHq #sheesh@metabrown312 a promise to not screw up? no wait, that promise is for Tumblr usersWonder how many who say Tumblr deal is about yahoo relevance use any of the yahoo services

@Pv if you have net worth of $1B and you are updating your own LinkedIn profile (or have one) shame on you :)The Value of Big Data Isn't the Data: "Data itself isn't the solution. It's just part of the path to that solution." http://t.co/Pk8CBU16u0
Retweeted by Rags Srinivasan@StevenLoi just going by the base rate of successful M&A, combine that with the target and acquirer's trackrecord, bearishTry that line in your cover letter with your resume to Yahoo ..."We promise not to screw up"- No Yahoo retail investors this is not meant for you.If it looks like pig, walks like pig and eats like a pig it must be one http://t.co/OhsiL6AsCs Until you seek contradicting evidence that is

Apothekar needed Autonomy deal to make his mark, would you say something like that for Tumblr. Oh no, this time it is different.I am reading a lot of Deepities in my timeline these days http://t.co/58p8YVP3vJHow nice! FreeTumblr Users are revolting yahoo acquisition http://t.co/XAxnZrHZpCIt’s just that it’s so much more profitable to provide foods that happen to be unhealthy http://t.co/1ZdWsX0VwPA business I support raised its prices $2 across all products because their rent went up. Right or Wrong? Correct or Incorrect?@Nudgeblog the question is does deflationary expectations apply to such productsI am announcing new customer disloyalty metric - Net Promiscuity Score. How many times your customer cheats on you for competitor promotions"Florida has had more Powerball winners than any other state" - News. "What can we learn from Floridians on entrepreneurship" - Forbes@nickdemey are you paying for the service?The Hippo Problem in Business Advice http://t.co/OhsiL6AsCs

Last call for opinions on Tumblr and Yahoo. After tomorrow Ms.Mayer will move on reading something elseRT @alexpozin: Good decision, poor outcome. "in hindsight, forecasted cost was wrong and the volume was 100x ..." http://t.co/1HkQYdgaxBRT @jsenft: RT @JohnDCook "I'm not sure we've learned a lot [in economics] since, oh, 1950" @EconTalker on #cities http://t.co/rKZGSIvW0d@om on paying more for ethical goods- brands should offer both, with right targeting for the segment (and capture additional profit as well)@jsenft i think Forbes has exclusive copyright on "what can xyz teach" and "what can we learn from xyz"@rshevlin I don't know about @wimrampen , it is in HBR so ... :)@nudgeblog @R_thaler Does cupcake deflation expectation work to help dieters? https://t.co/T8HSfunLw0I find @mims and his cohort at @qz write pieces that respect reader's intelligence. Not what I have seen from other outlets.RT @wimrampen: Whatever Value Creation Will Look Like in the Future, it's not like this.. http://t.co/z62znEQuG3

@BetseyStevenson you must be a classical economist :)@RaquelHirsch i may not be right but i figure my opportunity cost of not trusting such studies is low compared to trusting@RaquelHirsch I've not. Thanks for the link@om i usually take the pi metaphor one step further - profit is share of the value pie created@srinatar Sriram wonder if you saw my DM from 2-3 weeks ago“@om: Simple truth about profit http://t.co/Vv0EbhhI5e”@BetseyStevenson I doubt the segment cupcakes are targeted at thinks that way@BetseyStevenson because price signals value and lower means less coveted?"70% of investors believe Apple lost its innovative edge" - Bloomberg. Yes, investors are a smart bunch!@RaquelHirsch given recent scandals in such psy research I will question the data and methodsRT @WSJ: Buzz Aldrin: "When I see moon, I don't say, 'Hey, I walked on your face.' I just feel grateful." http://t.co/w1X7a9bwVI#BigData's mascot should be Hippo not an elephant - http://t.co/oibdMiwKY9 Focusing on surface symptoms over underlying theory

The other Hippo Problem http://t.co/oibdMiwKY9 (not the one @avinash mentions)@zachdillon Exactly. But you don't get to tweet platitudes if you buy PowerBall ticketIf you launch a startup today, chances of getting $550M exit? Chances of winning $550M PowerBall? Which one will you pick?If you assume tickets are unique, expected value of PowerBall ticket is better than price of ticket. Buying?@mattwensing hope it is not due to bad debt expense

In an anonymous survey 30% of elementary kids reported cheating - do you think they cheated on the survey answers too thinking it's a test?Customers with wherewithal and willingness to pay $150 for a weight scale likely do not need it http://t.co/zPhbq9kJy8 #jtbd #segmentationSubway $5 footlong may be LESS healthy than a Big Mac http://t.co/H0Zh7gTDDm via @avinash verifying the obvious may shout it isn't true

@bhc3 i bet you notice it only when it happens :)@caneel and yet Unilever does this in India http://t.co/YZaPS5xfGv"It's not about making fun of people. It's about the general absurdity of what we all believe in" http://t.co/w7xYNGwr6b via @alexpozinSo the outrage is not over Disney still crowning princesses but the makeover@Pv then they are happy to take your money regardless"Fake Guru Exposes How Gullible People Are" http://t.co/ejrfldme1Z >> no not your favorite management guru unfortunately@michaelshermer @alexpozin you think one day management gurus will reveal that it was all a big joke to show how gullible people are?@Nudgeblog so you didn't assume like classical economists if it were a $5 bill someone else would have already taken it@Pv it is likely carefully constructed customer selection@Pv no they are demarketing to you(Some) delusion is necessary to attempts to do the impossible...
Retweeted by Rags SrinivasanMcD cuts Angus burger from product mix because? http://t.co/e2cluaaWPw Customer #jtbd changed

@mims re our last conversation on payment http://t.co/49izdGFWS2

"Paying 30 percent in perpetuity and not knowing who the customer is not okay" http://t.co/zeSa5oWG6N@avinash the article left out appraisal value matters only if you can sell it - diamonds once you buy are forever http://t.co/ePDah9YaCkRT @avinash: Tiffany vs. Costco: Which Diamond Ring Is Better? http://t.co/IooaKzsbmS #preception #reality conspicuous consumption?HP sued (again) over #Autonomy deal, this time fir $1b. Whitman calls it magic and bigdata. It's neither. http://t.co/86IJnC2eNZ
Retweeted by Rags Srinivasan"do something remarkable before Monday afternoon" - Guru. How about critical thinking and stop reading patronizing advice?

I am surprised that the product in this top-left quadrant exists http://t.co/4BcOJlcn3i Which segment, job and size? #jtbd #pmfit@bhc3 alive and well, right next to #lifecoach and #hashtagguru@mattwensing You are living a full life Matt! Best of luck@bhc3 by a social media scientist i bet

Business model is-How you capture your fair share of net new value you create for your customers. Marketing is? cc:@RaquelHirsch @mikeboysen@mims i wonder if we will all end up working for the company, get paid in its currency that can only buy its products ... probably not@mims surely I don't see evidence. I see the next battle field is that. Ultra Vertical Integration@mims add to that 5) Payment systems

@karansood just don't expect fans to pay full price after that :)@mikeboysen @RaquelHirsch that is true@rshevlin doctor of thinkology?“@RaquelHirsch: @rags Lower price is the lazy man's idea of marketing.” >> in most cases except Amazon and WalmartPrice leader at the high end worries me lot less than price leader at the low end - is low price leading to all around value destruction?If the lunch portions in premium priced gourmet casual places pack 1000 calories one might as well choose fastfood at lower pricePice a price customers are willing to pay and try to make it at lower cost - but if you pick really low price http://t.co/pwUHmQjvfD

The Power of Purple Pricing http://t.co/vpGfQiyrGO but why all the complexity? Why not use Dutch Auction?In anticipation of end of Groupon craze, my book is now priced less than the price of a cupcake (and fewer calories) http://t.co/sOn273vVi3You don't decide to build a product because it costs you $8 to make and you can tack on $2 when you sell it

In these big sets if data basketball players experienced statistically significant hot hands http://t.co/jUIbny9tBA trouble with #bigdataSAP brings HANA into the cloud http://t.co/0LBWHlutKU I am reminded of Churchill Club debate between @benioff and Hasso in 2008Yankees Selling Half-Off Tickets on Groupon http://t.co/Nhh9AQO0QO perfect use as sales channel for expiring excess capacity