Harvard Business Review

OCTOBER 6, 2014

Troubles at Tesco, the UK’s leading retailer, are mounting. If round after round of profit warnings was not enough – group operating profits fell 20% between 2011 and 2013 and are likely to fall another 30% in 2014 — the company recently announced it had overstated its first-half profit by about $400 million. billion to $8.6

Retail 11

Retail Merchandising Discount Price 11

Harvard Business Review

OCTOBER 6, 2016

The bank has since fired 5,300 employees for the illegal behavior and eliminated retail bank sales goals entirely. According to Stumpf’s testimony, a board committee became aware of the fraud “at a high level” back in 2011. Even now, Stumpf adamantly refuses to hear criticism of the bank’s culture.

Banking 10

Banking Committee Leadership Ethics 10

Strategy Driven

FEBRUARY 4, 2011

Tactics deemed as ’standard operating procedure’ for some companies were exposed and ridiculed by others. How much further should we extend ethics? Sadly, many of the perpetrators did not see lapses in ethics… it was legal and just business to them. Formerly sainted icons went down in disgrace.

Ethics 59

Ethics Cost Crisis Learning-by-Doing 59

Strategy Driven

APRIL 4, 2014

Of the companies who continue to operate without a plan, 40% of them will be out of business in the next 10 years. According to research conducted by the Ethics Resource Center: Employees of organizations steal 10 times more than do shoplifters. Employee theft and shoplifting accounting for 15% of the retail cost of merchandise.

Budgeting 83

Budgeting Succession Consultative Crisis 83

Strategy Driven

SEPTEMBER 2, 2011

Validate your worth to the overall company operation. Become top management’s partner in efficiency of operations. Product-service movement at retail levels. Continuous quality improvement within your own operation. Goal attainment leads to ethical behavior. Cash outlays are always risks. by Hank Moore.

Budgeting 50

Budgeting Planning Strategic Planning Competitive Advantage 50