Top 6 – December 2016

timjsmith

Tim J. Smith, PhD
Founder and CEO, Wiglaf Pricing

Published December 10, 2016
  1. “Having worked closely with James during the past 10 years of his 20-year career with our company, I know that his vast industry knowledge, expertise with our brands, values and system, coupled with an acute understanding of evolving consumer tastes, make him the ideal candidate,” said Kent, who has been CEO for eight years,” Coca Cola CEO Muhtar Kent on lieutenant James Quincey taking over, Chicago Tribune
  2. “We managed to gather 25 countries from OPEC and non-OPEC with the idea of stabilizing the oil market and defending a fair price for our commodity,” Venezuelan Energy Minister Eulogio del Pino on curbing oil production, Bloomberg
  3. “All I can tell you is that President Obama is enormously proud of the work of civil servants and federal workers across the administration, that over the past eight years they’ve worked to make this country stronger. And they don’t do so out a sense of great pay or because the hours are great. They do so out of a sense of patriotism. And the president’s proud of their record,” Eric Schultz, Washington Post
  4. “This is meant to be a signal that these kinds of ridiculous [pay] ratios are unacceptable,” Portland’s city commissioner Steve Novick on CEO-worker pay gaps, Huffington Post
  5. “You’re not going to find better people than those who have been at the top of finance, the top of our markets, understand the way our markets work,” Kellyanne Conway, Trump’s senior adviser on Trump’s deepening relationship with Goldman Sachs, New York Times
  6. “We now have high confidence that they hacked the D.N.C. and the R.N.C., and conspicuously released no documents” from the Republican organization, one senior administration official said, referring to the Russians tampering with election, New York Times
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About The Author

timjsmith
Tim J. Smith, PhD, is the founder and CEO of Wiglaf Pricing, an Adjunct Professor of Marketing and Economics at DePaul University, and the author of Pricing Done Right (Wiley 2016) and Pricing Strategy (Cengage 2012). At Wiglaf Pricing, Tim leads client engagements. Smith’s popular business book, Pricing Done Right: The Pricing Framework Proven Successful by the World’s Most Profitable Companies, was noted by Dennis Stone, CEO of Overhead Door Corp, as "Essential reading… While many books cover the concepts of pricing, Pricing Done Right goes the additional step of applying the concepts in the real world." Tim’s textbook, Pricing Strategy: Setting Price Levels, Managing Price Discounts, & Establishing Price Structures, has been described by independent reviewers as “the most comprehensive pricing strategy book” on the market. As well as serving as the Academic Advisor to the Professional Pricing Society’s Certified Pricing Professional program, Tim is a member of the American Marketing Association and American Physical Society. He holds a BS in Physics and Chemistry from Southern Methodist University, a BA in Mathematics from Southern Methodist University, a PhD in Physical Chemistry from the University of Chicago, and an MBA with high honors in Strategy and Marketing from the University of Chicago GSB.