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The Progressive Corporation, - Case - Faculty & Research - Harvard Business School
Prepare your students to navigate business challenges by immersing them in real-world scenarios. Bring excitement into your classroom with engaging case discussions and introduce students to the challenge and fun of making important decisions. Student build confidence and critical thinking skills while learning to express their ideas and convince others, setting them up for success in the real world. Short cases that are great for students new to learning how to analyze cases. Very short cases with expert commentary that are great for sparking discussions. Cases that keep students engaged with video, audio, and interactive components.
Progressive Insurance’s Marketing Strategies
Compare the elements of its strategy with that of the traditional competitors in the insurance industry discuss the strategy of these firms together. Progressive is equipped with sophisticated software for calculating reasonable premiums, which helps it to provide exceptional premium to its clients based on their different variables. Moreover, the staff is specialized in their domain and is well-trained in order to provide quick service. Further, the staff is encouraged to take risk in order to bring innovation and new ideas of providing improved service.
Breakthrough innovations in operations—not just steady improvement—can destroy competitors and shake up industries. Breakthrough innovations—not just steady improvements—in operations can destroy competitors and shake up entire industries. Just look at Dell, Toyota, and Wal-Mart. Fortunately, all of these barriers can be overcome.