Yield management for restaurants?

Yield Management for Restaurants

I listened to an interesting interview recently about a new service which brings airline style ticket pricing to restaurant booking. We are all used to seeing the cost of an airline ticket fluctuating with demand.  What is going on in the background in simple terms is that the airline, with a fixed supply (i.e. number of seats), …

The Role of Timing in Innovation

The Role of Timing in Innovation

Inventions can happen anywhere, to anyone, and at any time.  At some point during everyone’s life they will come up with something that could be categorised as new and novel and an invention.  When you then look at inventions and overlay what happens to them, how far they are then innovated, you can probably categorise…