Essays

When Averages Lie
Why single-point predictions mislead and how full probability distributions can improve decisions—illustrated with a Parisian real estate case study.

Cultural Hurdles of Innovation via Data Leveraging
Drawing parallels between early aviation failures and contemporary digital transformation efforts, this essay explores why traditional companies often struggle with innovation and data initiatives despite significant investments. Like early flight pioneers who failed by mimicking birds without understanding aerodynamics, many firms pursue surface-level digital adoption without embracing the fundamental organizational...

Competitive Dynamics Behind the Disruptor’s Dilemma
The introduction of a potentially disruptive technology into a mature multisided ecosystem often faces a seemingly dilemmatic challenge: persuading a critical mass of incumbents to support the technology that might eventually disrupt them. We analyse this apparently perplexing phenomenon under the lens of a global coordination game of incomplete public...

Japan—A Macroeconomics Perspective
Five macroeconomics issues about Japan are discussed. (i) Long-term Strengths and Weaknesses of the Macroeconomy; (ii) Trade Position and Competitive Advantage; (iii) Policy Options to Increase Net Exports; (iv) Impact of the 2007–2008 Financial Crisis and the World Economic Slowdown and (v) Possible Impacts on the Economy if Greece Decides...

Customer Centricity in the Airline Industry
Traditional airlines in Europe are facing an increasingly fierce competition. In the meantime, the information era surfaces at an inordinate pace, bringing new technological means, new paradigms and new mindsets. The availability of data and the booming of social media have changed the game. In this personal essay, I share...