Currently browsing: Business

Now, across different industries—from SaaS to healthcare to consumer services—these two critical concepts often get muddled up. However, revenue management and revenue operations, though closely related, entail distinct roles and functions within an organization.

As we approach 2025, a year earmarked for hyper-optimization, it becomes increasingly essential for organizations of all sizes and sectors to understand the differences and synergies between these two areas.

This understanding is key to determining strategic focus and driving sustained growth, regardless of the specific industry.

Game theory is a branch of economics and mathematics that studies strategic decision-making where multiple parties, called players, interact with each other. It seeks to understand how players will behave and make decisions when they are in competition or cooperation with one another and how their actions and interactions will ultimately affect the outcomes of the game.

In the heart of Boston, nestled between trendy cafes and bustling diners, stood a small West African restaurant struggling to stay afloat. Despite its unique flavors and loyal patrons, the restaurant was bleeding revenue due to inefficiencies, a sprawling menu, and missed opportunities to connect with its best customers. That’s when I stepped in, using revenue management principles and data science to turn things around. Here’s how we worked together to transform this hidden gem into a thriving business.