Psychology Can Help Set the Stage for Business Success
Use the environment you create to help employees, and your company, succeed.
Psychology Can Help Set the Stage for Business SuccessAlthough big pipeline projects have attracted a lot of attention in recent years, shipping via rail has remained a popular option for those who move oil, with 10 percent of American crude production in 2014 transported by rail. But given that rail is often more expensive and less reliable than pipelines, why is it still shouldering a sizable portion of the job of moving America’s oil? Research from Chicago Booth’s Thomas R. Covert and Chicago Harris’ Ryan Kellogg suggests flexibility may be a big part of the answer—and that planners in other arenas can learn from how the oil industry balances low, fixed costs with high, more variable prices.
Use the environment you create to help employees, and your company, succeed.
Psychology Can Help Set the Stage for Business SuccessChicago Booth's Lindsey Lyman identifies four problematic aspects of remote working.
Working from Home Has Some Big CostsYou and your coworker share similar career paths, but he’s earning significantly more.
Business Practice: Treating a Case of Salary EnvyYour Privacy
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