The Daily Stat: Sales of Certain Lottery Tickets Dip When Temperatures Climb

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile MAY 2, 2013 Sales of Certain Lottery Tickets Dip When Temperatures Climb Daily sales of Missouri Lottery scratch tickets in St. Louis County decreased by $594 for every 1-degree (Fahrenheit) increase in the outdoor temperature, an effect that was less pronounced for easier-to-play lottery games such as Powerball and Lotto, say Amar Cheema of the University of Virginia and Vanessa M. Patrick of the University of Houston. People's reduced willingness to play complex lottery games when the mercury rises appears to be due to the psychologically depleting influence of warm temperatures, which reduce performance on complex tasks, the researchers say. Source: Influence of Warm Versus Cool Temperatures on Consumer Choice: A Resource Depletion Account Share Today's Stat: FEATURED PRODUCT Mastering Project Management Collection Special Collection You're managing the biggest project of the year. And at any given moment, a hundred things could go wrong. From missed deadlines to technology failures to blown budgets. That's not pessimism. That's reality when you're a project manager. And your job is to make it all go right. Fortunately, with Harvard Business Review's Mastering Project Management Collection you'll have the insight and confidence you need to do just that. ADVERTISEMENT Follow the Stat: BEST SELLERS HBR Guide to Persuasive Presentations Ebook + Video Case Study HBR's 10 Must Reads on Leadership HBR's 10 Must Reads on Managing Yourself HBR's 10 Must Reads: The Essentials HBR Guide to Getting the Right Work Done PREVIOUS STATS Why You Indulge More When You Pay for Snacks with Cash Crises Can Have Positive Effects on Public-Sector Job Satisfaction Belonging to Groups Makes You Physically Resilient China Is Tops in Survey of People's Love of Risk To Get Consumers to Spend More, Try Turning Up the Lights Despite a Huge Effort, Little Progress in Cutting CO2 Emissions Thinking "Outside the Box" Is More than Just a Metaphor Why Women Shun Business: It May Be About the Ethical Compromises Being Sad Makes You More Impatient Why Incentives Can Demotivate Employees Introducing Mobile ManageMentor Powered by the proven content of Harvard ManageMentor™ iTunes >> Android >> UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2013 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)

Management Tip of the Day: 2 Strategic Choices You Have to Make

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   TIPS   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   STORE RSS   |   Mobile MAY 2, 2013 2 Strategic Choices You Have to Make Every business leader should be able to create a good strategy. Think of it as the intersection of two critical dimensions: where to play and how to win there. First, decide the regions, customer segments, product categories, and channels in which you will operate. Strategy is about doing some things and not others, so make clear where you won't play as well. Then, find a distinctive way to win on your chosen playing field. Going to the same market with the same strategy as your competitors is a terrible move. Choose specific activities that are different from your competitor's. For example, if your competitor leverages its supply chain to have the fastest delivery cycle, don't try to compete on speed. Instead, focus on customer experience or product quality. Today's Management Tip was adapted from "The Two Choices to Make in Strategy" by Roger Martin. Watch the video and join the discussion » Share Today's Tip: FEATURED PRODUCT Playing to Win: How Strategy Really Works HBR Press A.G. Lafley and Roger Martin — one of the most successful business duos of the past century. With Lafley at the helm of P&G during its renowned turnaround and Martin as his strategic partner and adviser, they helped to double P&G's sales and push both profits and market value through the roof. Now it's time for you to take a page from their strategy playbook. PLAYING TO WIN, available now. It's the book everyone is talking about. "Strategy lessons, 101..." — Financial Times. "a fascinating tale..." — The Economist. ADVERTISEMENT Follow the Tip: PREVIOUS TIPS Use Your Online Network to Test Ideas Prepare Stories for Your Job Interview Walk at Your Next Meeting 3 Elements of Great Communication Before Your Next Salary Negotiation, Do Your Homework Don't Bore Your Audience with Your Writing Give Up Email Altogether Keep Innovation Jams Small and Focused Avoid Visual Clichés When Presenting Find Out How Skilled a Job Candidate Really Is All Previous Tips BEST SELLERS HBR Guide to Persuasive Presentations Ebook + Video Case Study HBR's 10 Must Reads on Leadership HBR's 10 Must Reads on Managing Yourself HBR's 10 Must Reads: The Essentials HBR Guide to Getting the Right Work Done Introducing Mobile ManageMentor Powered by the proven content of Harvard ManageMentor™ iTunes >> Android >> UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "Management Tip of the Day" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2013 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)

Conscious Capitalism Bonus Offer

Are you having trouble viewing this email? If so, click here to see it in a web browser. CONSCIOUS CAPITALISM BONUS OFFER Conscious Capitalism: Liberating the Heroic Spirit of Business By John Mackey, Rajendra S. Sisodia, and Bill George Product #9689BN • Hardcover Book Yours for only $27.00* Whole Foods Market cofounder John Mackey and professor and Conscious Capitalism, Inc. cofounder Raj Sisodia argue for the inherent good of both business and capitalism. Featuring some of today's best-known companies, they illustrate how these two forces work most powerfully to create value for all stakeholders from customers and employees to investors and the environment. These "Conscious Capitalism" companies include Whole Foods Market, Southwest Airlines, Costco, Google, Patagonia, The Container Store, UPS, and dozens of others. Learn how these organizations use four specific tenets—higher purpose, stakeholder integration, conscious leadership, and conscious culture and management—to build strong businesses and help advance capitalism further toward realizing its highest potential. At once a bold defense and reimagining of capitalism and a blueprint for a new system for doing business grounded in a more evolved ethical consciousness, this book provides a new lens for individuals and companies looking to build a more cooperative, humane, and positive future. Order today and receive a free copy of the Harvard Business Review article by Michael E. Porter and Mark R. Kramer "creating shared value" as an added bonus (that's a $6.95 value!) In this article, Porter and Kramer argue that the globe's new challenges require companies to pursue "shared value"—that is, organizations must innovate and create economic value in a way that also addresses society's needs. PRAISE FOR CONSCIOUS CAPITALISM: A New York Times and Wall Street Journal Bestseller. “It's a true guide to the future. ” –Forbes HBR.ORG   |   THE MAGAZINE   |   BLOGS   |   BOOKS   |   STORE   |   CASES UNSUBSCRIBE   |   NEWSLETTERS PRIVACY POLICY   |   CONTACT To order by phone, call us toll-free at 800-668-6780 and mention referral code 01715. Outside the U.S. and Canada, call +1-617-783-7450. * Purchasers are responsible for all shipping charges, duties, taxes, brokerage fees, and/or import fees imposed by the country of import. Please check with your customs office for details. Copyright © 2013 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)