article thumbnail

Business Apologies: What You Should (and Shouldn’t) Do

ConversionXL

Pete Fader, Professor of Marketing at the University of Pennsylvania, shares why in his book Customer Centricity : Not all customers deserve your company’s best efforts. Hidden or unexpected costs anger consumers. In business, preserving your ego will cost you thousands, if not millions. What should you apologize for?

article thumbnail

Why Crunch Modes Doesn't Work: Six Lessons

www.igda.org

But his experiments, which hed been conducting for at least 12 years, showed him clearly that cutting the workday from ten hours to eight hours — and the workweek from six days to five days — increased total worker output and reduced production cost. At that point, the costs strongly begin to outweigh the advantages.