article thumbnail

Revenge of the HourlyNerds

Harvard Business Review

These businesses have powerful disruptive potential because they can provide consulting at a fraction of the cost of traditional models, largely because they do not need to carry expensive fixed costs like recruiting, training, consultant “beach” time, and expensive real estate.

article thumbnail

The More Climate Skeptics There Are, the Fewer Climate Entrepreneurs

Harvard Business Review

A drug company must incur a large fixed cost to do the basic research, so it has strong incentives to predict what the demand for the drug will be if its research succeeds. To reduce flood damage to real estate, we will need architectural innovations. Consider the example of a new drug for curing baldness.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Recession-Proof Your L&D Strategies and Budget For Future Success

AIHR

Offline: Re-evaluate the mix of training spend to focus on more scalable online solutions as opposed to fixed face-to-face immersive experiences. Given more online channels being utilized, there is a great opportunity to consolidate previous real estate and training facilities.

Sales 98
article thumbnail

Is Rooftop Solar Finally Good Enough to Disrupt the Grid?

Harvard Business Review

The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at bay.

Energy 15
article thumbnail

21 Types of Employment: Your Hire-To-Retire Guide

AIHR

When to offer it: If your company has fluctuating workloads or seasonal needs or has to reduce fixed labor costs. For instance, a real estate agent would earn a percentage of each home sale, or a salesperson would receive a commission for each product sold.