Leading Blog

APRIL 12, 2021

The customer is not the retailer but the end-user. Moving forward requires seamless systems and technology platforms, taking advantage of the latest technical developments, meeting a range of consumer preferences, and processing massive amounts of data to improve the outcome of things.”. They work from the end-user backward.

Charan 271

Charan Competitive Advantage Core Competence Learning-by-Doing 271

The Horizons Tracker

OCTOBER 13, 2020

Already we’ve seen retail demand falling to unprecedented levels, with reduced mobility also causing demand for oil to plummet. The findings came from an analysis of the British Workplace Employment Relations Survey that was undertaken by the UK government either side of the 2008 recession. Developing the workforce.

Short-term 116

Short-term Long-term Survey Leadership Styles 116

Strategy Driven

SEPTEMBER 30, 2020

The company culture is evident in many aspects of the business operations, including the office arrangements, the hiring decisions and the staff perks. By developing a strong company culture, you’ll also improve your branding and your reputation. The Motivosity application was developed to create a more fulfilling workplace experience.

Company 117

Company Discount Diversity Software 117

Strategy Driven

NOVEMBER 4, 2010

Special Edition 50 – An Interview with Marshall Fisher, co-author of The New Science of Retailing examines the use of analytics to improve an organization’s supply chain performance in a way that ultimately enhances the bottom line. Thank you again for listening to the StrategyDriven Podcast !

Supply Chain 57

Supply Chain Retail Bottom-up Newsletter 57

Skip Prichard

JUNE 3, 2020

If you want to learn how to develop an experimentation organization, read on. When it finally came to my attention, I realized right away that large-scale, controlled experimentation would revolutionize the way all companies operate their businesses and how managers make decisions. Any of these questions can go wrong.

Power 94

Power Kahneman Open-book Learning-by-Doing 94

Harvard Business Review

DECEMBER 6, 2011

This post is part of the HBR Forum, The Future of Retail. Along with the growth in scale of leading retailers in the 20th century came a growing attitude toward the people working in the stores: they were a cost to be minimized. Yet at one large retail chain we studied (pdf) , those systems didn't seem to be doing the trick.

Retail 14

Retail Merchandising Succession Taylorism 14

Strategy Driven

JUNE 22, 2012

Business development. They take what is said at face value because they have not or don’t care to develop abilities to discern what is hyped by others. My analysis: There is no such thing in life as perfection, as anyone who had led a meaningful life has learned. Running the business. Body of Knowledge. The Big Picture.

Brand 50

Brand Analysis Advertising Software 50

Strategy Driven

APRIL 4, 2014

Business development. Of the companies who continue to operate without a plan, 40% of them will be out of business in the next 10 years. Employee theft and shoplifting accounting for 15% of the retail cost of merchandise. Training and development of people. Running the business. Body of Knowledge. The Big Picture.

Budgeting 88

Budgeting Succession Consultative Crisis 88

Harvard Business Review

JULY 11, 2017

A recent Brookings analysis found that of the 30 U.S. One of us is an urban theorist, the other a community-focused real estate developer. Developers have two primary ways to help create new and better jobs. Even smaller cities like Portland, Nashville, and Austin are attempting to curb their own deep-seated divides.

Real Estate 11

Real Estate Development Long-term Short-term 11

Strategy Driven

MARCH 28, 2016

It took years for Apple to gain traction despite offering what critics consider to be a superior operating system. It began as a small direct sales operation, with no plan for national distribution. When word of mouth grew, no retailers had the DVD to meet the demand. Then, there is 50 Shades of Grey.

Productivity 50

Productivity Products Marketing Strategy Budgeting 50

Harvard Business Review

AUGUST 8, 2011

For obvious reasons, I cannot reveal what data the Houston Rockets track but to track the significant data we gather we use a very large set of temporary labor that helps us develop these data sets that we hope will create an advantage over time.

Analysis 15

Analysis Succession Sports Retail 15

Harvard Business Review

APRIL 29, 2013

On the management side, there is increasing evidence that co-creative processes involving consumers and other stakeholders can have a transformative effect on key processes such as new product development. Here''s how it works in data analysis. This approach works well in business.

Analysis 8

Analysis Storytelling Brainstorming Telecommunications 8

Strategy Driven

NOVEMBER 2, 2012

Business development. Growth, defined as increasing revenues each year (rather than improving the quality of company operations). Readily measurable values: Time and cost of product development-service delivery cycles. Product-service movement at retail levels. Continuous quality improvement within your own operation.

Strategic Planning 74

Strategic Planning Budgeting Planning Competitive Advantage 74

Strategy Driven

SEPTEMBER 2, 2011

Validate your worth to the overall company operation. Business development. Under the rules of supply chain dynamics, one must study your supplier relationships, formalize a plan of outsourcing and develop collaborations. Become top management’s partner in efficiency of operations. Cash outlays are always risks.

Budgeting 50

Budgeting Planning Strategic Planning Competitive Advantage 50

Harvard Business Review

FEBRUARY 6, 2018

.” Meanwhile, skeptics highlight Amazon’s lack of expertise in health care, a sector that many deem curiously resistant to the competitive forces that characterize the retail and web services markets in which Amazon has thrived. At its root, health care is a service that needs to be delivered to a customer.

Health Care 8

Health Care Retail Operations Insurance 8

Harvard Business Review

JULY 31, 2017

Take the MIT Media Lab’s experiment to see whether it could estimate retail sales performance on “Black Friday,” the day following the US Thanksgiving holiday. Combining this with data on average spend per shopper enabled them to estimate a retailer’s sales , even before the company had recorded it themselves.

Marketing 8

Marketing Root Cause Analysis Management Supply Chain 8

Strategy Driven

OCTOBER 10, 2011

You should instead lead as a benevolent dictator – benevolent’ being the operative word – who always puts the company, the employees, and, most importantly, the customer, first. Yes, as the benevolent dictator, you have the final say-so at the point when debate, conversation, and analysis can’t take you any farther.

Innovation 50

Innovation How To Retail Motivation 50

Harvard Business Review

MARCH 29, 2013

The International Integrated Reporting Council is developing a common framework for companies to submit "integrated reports" on their financial, environmental, social, and governance performance. This requires a systematic screening of unmet social needs and gaps and an analysis of how they overlap with the business.

System 8

System Merchandising Retail Class 8

Strategy Driven

DECEMBER 15, 2010

Whether you are developing a mathematical optimization or just trying to drive more effective and efficient use of resources across the organization, the resource optimization model should be based on the objective, decision variables and constraints. She holds an MS in Management Sciences from the University of Maryland.

Resources 50

Resources Process Constraint Objective 50

Harvard Business Review

JUNE 29, 2016

And one of retail’s largest players, Walmart, is testing how drones could help improve warehouse inventory management. For example, savings are to be had in analysis of inventory stockpiles, thermal imaging of pipelines and rail lines, three-dimensional modeling of insurance claims, and non-destructive terahertz imaging for buildings.

Competitive Advantage 8

Competitive Advantage Company Outsourcing Analysis 8

Harvard Business Review

JUNE 8, 2018

That “little” privately-held business has grown tremendously since its launch and currently has more than 90 physical retail locations and a highly successful eCommerce business. Like many competitors in the apparel industry, Vineyard Vines has kept their operations lean in order to preserve operating margins.

Retail 8

Retail Apparel Engineering Audience 8

Harvard Business Review

MARCH 21, 2013

For example, in developing countries, mobile network operators can estimate household income of their subscribers from how much and how often they purchase airtime. For the UN, this ability to glean real-time information could transform our work to protect development gains among the world's most vulnerable populations.

Analysis 15

Analysis Globalization Crisis Price 15

Harvard Business Review

OCTOBER 9, 2012

They've been around so long that they've developed a gut feel for which statistics matter most. I'll illustrate the process in a simplified way using a fictional retail bank based on an analysis of 115 banks by Venky Nagar of the University of Michigan and Madhav Rajan of Stanford.

Banking 15

Banking Metrics Objective Retail 15

Harvard Business Review

AUGUST 4, 2015

The company has made significant efforts to improve store operations with their impressive energy efficiency work and the purchase of more solar power than any entity in the U.S. For years, the retail giant has also applied imposing pressure on suppliers to reduce and improve packaging, cut carbon, and much more. besides the military.

Productivity 8

Productivity Products Chemicals Retail 8

Harvard Business Review

SEPTEMBER 14, 2017

Research shows that abnormal weather disrupts the operating and financial performance of 70% of businesses worldwide. Drawing upon the UK’s retail sectors for empirical evidence, we developed a methodology to assess and hedge the exposure of sales to weather risks. alone, or 3.5%

Hedge 8

Hedge Apparel Risk Management Retail 8

LDRLB

MAY 26, 2014

There’s even a story that Reed Hastings wanted a meeting with the people at Blockbuster to essentially give them the technology, saying let us handle your DVDs by mail and your future streaming business; you focus on the retail store. By the time you run that analysis, the time between devising it and implementing it, the market has changed.

Early Adopters 60

Early Adopters Rogers Disruptive Innovation Innovation 60

Harvard Business Review

JUNE 8, 2017

Consider the experience of one retail financial services firm. An analysis of an unbiased sample (or the entire population) would have yielded a different result. (Of In response, analysts developed an admirable data envelopment model. A large fashion retailer ran into this issue.

Technology 8

Technology Sample Depreciation Analysis 8

Harvard Business Review

DECEMBER 26, 2014

Understanding the cultural dynamics of the acquired organization, including how they operate, the manner in which they develop their talent, how are they motivated to succeed, and their executive management decision making style. The result of this lack of due diligence is played out all too publicly when deals suddenly fall apart. .”

Due Diligence 8

Due Diligence Company Stakeholder Analysis Retail 8

Harvard Business Review

APRIL 19, 2016

It may do to physical goods what cloud computing is now doing to digital services; what the PC, internet, and smart mobility have done to personal computing; and what outsourcing did to software development and business processing — take mass distribution and innovation to the next level while realigning the very geography of work and trade.

Supply Chain 8

Supply Chain Execution Analysis Technology 8

Strategy Driven

FEBRUARY 4, 2011

The Business Tree™ has 7 major parts… 5 primary branches, a trunk (6) and the base (7): The business you’re in Running the business Financial People Business development Body of Knowledge The Big Picture No single branch (business component) constitutes a healthy tree. Operational Statistics.

Ethics 60

Ethics Cost Crisis Learning-by-Doing 60

Harvard Business Review

JANUARY 29, 2018

To help business leaders better understand industry disruption, we developed an index that measures an industry’s current level of disruption as well as its susceptibility to future disruption. For the latter, we measured incumbents’ operational efficiency, commitment to innovation, and defenses against attack.

Industry 8

Industry Fixed Assets Retail Market Penetration 8

Harvard Business Review

APRIL 26, 2017

It’s been more than 25 years since Bill Gates dismissed retail banks as “dinosaurs,” but the statement may be as true today as it was then. Other sectors of retail lending have not fared much better. Recent analysis by Bain and SAP found that only 7% of bank credit products could be handled digitally from end to end.

Banking 9

Banking Stage-Gate Credit Scoring Competitive Advantage 9

Harvard Business Review

NOVEMBER 6, 2018

Recognizing this exorbitant cost, Accenture developed a literacy index to evaluate how well consumers can obtain, understand, and navigate information and services. Amazon and other digital retailers have done just that. It is costing employers and health plans billions of dollars each year.

System 8

System Planning Health Care Insurance 8

Harvard Business Review

DECEMBER 16, 2016

Spurred on by digital-native competitors, the retail sector has captured about 30% to 40% of the margin improvements and productivity growth we identified in 2011. In many cases, the culprit is a gap between launching a few analytics experiments and embedding these insights into the operating model of the larger organization.

Industry 8

Industry McKinsey Early Adopters Rate of Return 8

Harvard Business Review

FEBRUARY 4, 2015

The availability of lower-cost memory is making fast data accessible for a broader set of applications, including: First responder systems that rely on integrating fast response data collection and analysis. Data Operations Customers' Network usage systems that respond instantly based on traffic patterns.

Operations 8

Operations System Retail Report 8

Harvard Business Review

JUNE 22, 2012

Some senior leaders simply lean harder on their operating units, increasing their targets and demanding more growth. A few years ago, one of the world's largest retailers had literally hundreds of initiatives going after same-store sales growth. So can having a corporate reserve fund to help the operating units pay for organic growth.

Retail 10

Retail Long-term Short-term Apparel 10

Harvard Business Review

NOVEMBER 23, 2010

Drawing on her work with business leaders, she has developed the following categorization of how people prefer to think: Conceptual : Reads signs of coming change; sees the "big picture"; recognizes new possibilities; tolerates ambiguity; integrates ideas and concepts; communicates through analogy and metaphor; inspires with visions of the future.

Process 14

Process CEO Insurance Banking 14