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5 Convincing Benefits of Sustainable Business Practices

Strategy Driven

Plenty of proactive companies are shifting and adjusting their operations to incorporate sustainable practices. Improved operations and lower expenses. Smart energy utilization will enable your business to curb inflating energy costs and achieve operational efficiency. Enhanced corporate social responsibility.

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5 Surprising Findings About How People Actually Buy Clothes and Shoes

Harvard Business Review

Retail has been constantly reinventing itself, and participants race to keep up with what feels like a series of epic shifts in consumer preferences. Apparel brands are investing especially heavily in online shopping capabilities and introducing interactive features that complement apps and websites. Data-Driven Marketing.

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How Chinese Companies Disrupt Through Business Model Innovation

Harvard Business Review

The American textile and apparel industries, for example, will tell you that the evidence can be found in the blood on the floor — their blood, on what used to be their floor. This post is one in a series of perspectives by presenters and participants in the 8th Global Drucker Forum. They have been displacers, not disrupters.

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Hackathons Aren’t Just for Coders

Harvard Business Review

It was the stuff of Silicon Valley lore : Employees from across the company took a break from their regular projects to develop mind-blowing ideas about artificial intelligence over an intense 24-hour period. At their best, hackathons create a structure and process around idea development. Facebook recently hosted its 50th hackathon.

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To Prevent Another Rana Plaza, Build Better Societies, Not Just Better Factories

Harvard Business Review

Since then, leaders from business, government, and civil society organizations have come together to address fire and building-safety issues in the apparel factories. And according to research by the Solidarity Center, less than 1 percent of women in garment factories participate in worker associations in Bangladesh’s export zones.

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Companies Are Working with Consumers to Reduce Waste

Harvard Business Review

Operations in a Connected World. Some retailers and manufacturers—in the apparel, footwear, and electronics industries—have launched programs to make their customers interested in preserving their products and preventing things that still have value from going to the landfill. Insight Center. Sponsored by Accenture.

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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

This isn’t all that surprising given the level of innovation activity in these sectors, but directors operating in similarly disrupted sectors should take note. Just over one-fifth (22%) of boards operating in the IT and telecom industry sought tech expertise when filling their most recent board seat, higher than in any other industry.