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20 Reasons Why Companies Should Do Less Better

In the CEO Afterlife

The seemingly more attractive (and logical) option is to do more and more – the theory being the more markets, products, and businesses a company engages in, the better the results. Mired in the complexity of an unrelated product line, Campbell’s leaders keep plugging along trying to do more of the same, only better. This is not true.

Company 177
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5 Convincing Benefits of Sustainable Business Practices

Strategy Driven

Consequently, people are actively looking for alternative products and services that suffice their needs with minimum negative consequences to the environment. Modern-age consumers favor businesses that promote social and ethical values and support the marginalized. Enhanced corporate social responsibility.

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What Connects Coca-Cola, Lego, In-N-Out, Intuit, and Nike? Focus.

In the CEO Afterlife

This can mean expanding product lines, entering new markets and geographies, line extending brands, acquiring new businesses, creating projects, and adding layers of management to manage the self-created complexity. With 60% of annual sales coming from innovative new products, it is clear that LEGO has not been idle. In-N-Out Burger.

Apparel 100
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REI Sets The Example For Creating And Living Core Values

Eric Jacobson

You can learn from Recreational Equipment Incorporated , better known as REI -- an outdoor gear and apparel co-op. Quality -- We provide trustworthy products and services Service -- We serve others with expertise and enthusiasm. Integrity -- We live by a code of rock-solid ethics, honesty, and decency.

Reis 69
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Can Lean Manufacturing Put an End to Sweatshops?

Harvard Business Review

In the lean-manufacturing context, in contrast, assembly line workers learn to execute a variety of production tasks, take responsibility for product quality, and are encouraged to find ways to improve the production process. Workers tend to earn more and report higher engagement with their jobs. Locke of Brown University.

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Moral Hazard at News Corp.

Harvard Business Review

As long as services are performed and products manufactured, they say, such organizational configurations are beneficial. While we readily recognize such a hazard in the food and apparel industries and the need to "secure" all elements of their production chain, most other industries have yet to recognize such a hazard.

Morale 9
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It’s OK to Move Down (Yes, Down) the Value Chain

Harvard Business Review

defend against “attack from beneath” and maintain your reputation for ethical operations. One such customer is Morning Star , a world leader in the production of industrial tomato paste. Fashion apparel is an excellent example. Ethical supply chains. Because it can. make your own operations more efficient.