![]() The role of regression is to understand the relationship between the critical independent variables that are impacting the dependent variable. ![]() Some of the factors contribute more to the sales number than others. For example sales of the product is dependent upon the advertising budget, number of sales people on the ground, number of distributors, retail outlets, and various other factors. Regression analysis is a widely used statistical tool that helps marketing, sales, human resources, and financial managers to infer relationship between a dependent variable and independent variable. What is Regression Analysis – An Overview Our immersive learning methodology from – case study discussions to simulations tools help MBA and EMBA professionals to - gain new insight, deepen their knowledge of the Innovation & Entrepreneurship field, simple linear regression, multiple regression, intercept, slope of line, R square, F test, P test and more. It also touches upon business topics such as - Collaboration, Conflict, Disruptive innovation, Diversity, Labor, Leading teams, Operations management, Product development, Technology. The Slicing Pie with a Razor: Ockham Technologies' Founding Agreement (referred as “Ockham Split” from here on) case study provides evaluation & decision scenario in field of Innovation & Entrepreneurship. Slicing Pie with a Razor: Ockham Technologies' Founding Agreement case study is a Harvard Business School (HBR) case study written by Noam Wasserman, Yael Braid. Regression analysis done correctly can provide insights into various business decisions required in the Slicing Pie with a Razor: Ockham Technologies' Founding Agreement case study such as – marketing strategy decision, retail channel decision, hiring decisions, new investment decisions, new product launch decisions etc.Īt EMBA PRO, we provide corporate level professional quantitative and analytics solutions. To make sound business and marketing strategy, businesses needs to understand what impacts their revenue stream. The micro and macro environment factors not only impact the operations of the organization but also other stakeholders’ behavior such as consumer behavior, environmental protection groups, government policies etc. How Regression Analysis can be used to solve Slicing Pie with a Razor: Ockham Technologies' Founding Agreement case study?īusiness leaders spend a large amount of time understand both the micro and macro environment that a business operates in. Related Areas : Collaboration, Conflict, Disruptive innovation, Diversity, Labor, Leading teams, Operations management, Product development, Technology What should they include in the agreement, and how should they structure their equity split?Ĭase Authors : Noam Wasserman, Yael Braid But as Ockham entered its initial phase of product development, pressure began mounting for the team to discuss and finalize a founding agreement. ![]() The trio had provided the seed capital of $150,000, contracted a development team to build their product, garnered serious interest from a potential investor, and readily agreed on their roles within the company (Jim was CEO, Ken was COO, and Mike was Head of Product Management). Each founder had contributed significantly to bringing the Ockham concept to life. Soon they recruited a third member, Mike Meisenheimer, to lead product development. Uncertainty lingers over each member's future contributions, though - how is the team to devise a durable and effective split? Jim Triandiflou and Ken Burows worked resolutely to plan for the launch of their sales management software company. Ockham Technologies' three founders are about to craft their founding agreement and split the equity among themselves. EMBA Pro Statistics / Quantitative Solution for Slicing Pie with a Razor: Ockham Technologies' Founding Agreement case study
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