Case Interview Preparation & Management Consulting | Strategy | Critical Thinking

495: Setting up scale: How to avoid voltage drop (with John A. List)


Listen Later

Welcome to an episode with a highly regarded economist and best-selling author, John A. List. Get John's book here: https://amzn.to/3BDlHzj

In this episode, John defined scaling – an overused yet often confused word in the startup world today – and elaborated the term. He also spoke about the voltage effect and how it relates to scaling. The discussion revolved around the five vital signs that every scalable idea must possess to avoid voltage drops and gave numerous realistic examples to help us visualize each sign. John also shared the top things that we must keep in mind when making decisions related to scaling.

Professor John A. List is the Kenneth C. Griffin Distinguished Service Professor in Economics at the University of Chicago. His research focuses on combining field experiments with economic theory to deepen our understanding of the economic science.

In the early 1990s, List pioneered field experiments as a methodology for testing behavioral theories and learning about behavioral principles that are shared across different domains. He co-authored the international best seller, The Why Axis, in 2013.

List was elected a Member of the American Academy of Arts and Sciences in 2011, and a Fellow of the Econometric Society in 2015. List received the 2010 Kenneth Galbraith Award, the 2008 Arrow Prize for Senior Economists for his research in behavioral economics in the field, and was the 2012 Yrjo Jahnsson Lecture Prize recipient. He is a current Editor of the Journal of Political Economy.

Get John's book here:

The Voltage Effect: How to Make Good Ideas Great and Great Ideas Scale. John A. List: https://amzn.to/3BDlHzj

Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

...more
View all episodesView all episodes
Download on the App Store

Case Interview Preparation & Management Consulting | Strategy | Critical ThinkingBy StrategyTraining.com & FirmsConsulting.com

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

129 ratings


More shows like Case Interview Preparation & Management Consulting | Strategy | Critical Thinking

View all
HBR IdeaCast by Harvard Business Review

HBR IdeaCast

1,830 Listeners

The Look & Sound of Leadership by Essential Communications - Tom Henschel

The Look & Sound of Leadership

1,155 Listeners

The McKinsey Podcast by McKinsey & Company

The McKinsey Podcast

381 Listeners

Coaching for Leaders by Dave Stachowiak

Coaching for Leaders

1,460 Listeners

Gartner ThinkCast by Gartner

Gartner ThinkCast

112 Listeners

Cold Call by HBR Presents / Brian Kenny

Cold Call

194 Listeners

HBS Managing the Future of Work by Harvard Business School

HBS Managing the Future of Work

108 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

171 Listeners

McKinsey Talks Talent by McKinsey People & Organizational Performance

McKinsey Talks Talent

36 Listeners

Think Fast Talk Smart: Communication Techniques by Matt Abrahams, Think Fast Talk Smart

Think Fast Talk Smart: Communication Techniques

794 Listeners

Strategy Simplified by Management Consulted

Strategy Simplified

69 Listeners

Coaching Real Leaders by Harvard Business Review / Muriel Wilkins

Coaching Real Leaders

652 Listeners

The So What from BCG by Boston Consulting Group BCG

The So What from BCG

221 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

84 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

151 Listeners