LDRLB

MAY 25, 2012

Border’s inability to see the way online retailing forced a change in business models led to closing its doors and admitting defeat by Amazon. McKeown argues that an executive can develop a plan; the truly great leaders know how to react to new events and new possibilities. But this kind of adaptability doesn’t happen naturally.

Strategy 121

Strategy Strategic Planning Case Study Retail 121

LDRLB

MAY 25, 2012

Border’s inability to see the way online retailing forced a change in business models led to closing its doors and admitting defeat by Amazon. McKeown argues that an executive can develop a plan; the truly great leaders know how to react to new events and new possibilities.

Strategy 117

Strategy Strategic Planning Case Study Retail 117

Strategy Driven

NOVEMBER 16, 2020

Franchising is a unique vehicle in that it allows businesses that traditionally are not scalable, such as restaurants, retail and service businesses to become scaled through franchisee’s investment and willingness to manage the local business. To read Christopher’s complete biography, click here.

Franchising 65

Franchising System Entrepreneur Strategic Planning 65

Harvard Business Review

NOVEMBER 15, 2017

Few industries are being disrupted as drastically as the retail industry. More retail purchases are moving online, and a growing number of manufacturers now sell to consumers directly, cutting out retailers entirely. It’s either adapt to the new environment or step aside and make room for a competitor who can.

Retail 10

Retail Chief Executive Officer Supply Chain Operations 10

Strategy Driven

DECEMBER 29, 2016

Franchising is a unique vehicle in that it allows businesses that traditionally are not scalable, such as restaurants, retail and service businesses to become scaled through franchisee’s investment and willingness to manage the local business. To read Christopher’s complete biography, click here.

Franchising 51

Franchising System Entrepreneur Strategic Planning 51

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

Strategy Driven

MAY 15, 2015

Widget manufacturing companies team with retail management experts to open a string of widget stores. Vendors, trainers, computer consultants and other consultants who strategically team with clients to do business. Those who don't help to develop the business on the front end are just vendors and subcontractors.

Cooper 50

Cooper Open-book Tourism Telecommunications 50

Strategy Driven

NOVEMBER 2, 2012

Business development. Budgets get more attention than the umbrellas under which they rightfully belong: Strategic Planning and Visioning. By itself, Budgeting does not constitute full-scope planning and business strategy. Does your strategic plan adequately describe what you do? Running the business.

Strategic Planning 71

Strategic Planning Budgeting Planning Competitive Advantage 71

Harvard Business Review

JUNE 5, 2018

” Technological developments are often interesting to discuss in relation to relevance. For instance, numerous smartphone apps have been developed that do not solve any actual problems. An example of competition for preference is the retail industry, which has long been a battleground for customer preferences.

Stress 10

Stress Insourcing Retail Uncertainty 10

Harvard Business Review

JANUARY 12, 2012

Regardless of how well-positioned you are, how thoughtfully you've planned for the future, or how well you satisfy customers, your strategic plan will not always be on target. So if we can't perfectly predict the future from where we stand, we need to be able to quickly recognize when our plans need to change.

Technology 14

Technology Retail Supply Chain Business Model 14

Strategy Driven

JANUARY 21, 2011

One retail CTO summed it up well at a recent SAS event when he said, “We don’t want to just struggle through and be hanging by our fingertips when the economy recovers. Joel Barker says you can innovate faster, cheaper and with less risk by developing innovations at the verge. We want to come out strong.” Innovate quickly.

Real Estate 66

Real Estate Magazine Rogers Long-term 66

Harvard Business Review

APRIL 4, 2014

The tales of two companies, cell phone accessories retailer Cellairis and skin care products maker Rodan + Fields, illustrate the dangers of top-level strategic tinkering. They had the epiphany that they could use cheap retail space – the carts that sit in the middle of shopping malls – to sell mobile phone accessories, mostly cases.

Strategy 8

Strategy Wireless Company Retail 8

Harvard Business Review

MAY 16, 2014

As generations-old business models are upended by innovations in retail, financial services, bookselling, and a host of other industries, companies must continually adjust their strategic positioning to edge out rivals. Is It Better to Be Strategic or Opportunistic? Innovation Strategic planning Strategy'

Innovation 8

Innovation Competitive Advantage Supply Chain Business Model 8

Strategy Driven

JULY 6, 2012

Corporate executives must develop themselves for the next level and to be useful to their companies and communities in the future. Business development. Base-Level Sellers (door-to-door, telephone, clerks and checkers, retail sales). Mid-Level Sellers (consumer services, multi-level marketing, retailers, vendors).

Business Development 51

Business Development Development Learning-by-Doing Ethics 51

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

SEPTEMBER 21, 2016

All too often companies misunderstand the value of their cybersecurity teams and underfund their development. Before joining Facebook as a security engineer in 2015, I worked in industries from consulting to manufacturing to retail. This enables developers to quickly and effectively write code that is more secure from the start.

Team 8

Team P&L Engineering Cost 8

Harvard Business Review

APRIL 3, 2017

The CEO of a large Australian company called me to relay a particular strategy development problem his firm was facing, and ask for my advice. Perhaps there is some solace, however, in retailer Target’s disastrous attempt to extend its U.S. How to Win into the Canadian Where to Play — turnabout is, I guess, fair play.

First-mover Advantage 14

First-mover Advantage Retail Strategy Pharmaceuticals 14

Harvard Business Review

OCTOBER 6, 2014

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. Strategy-making can now happen in real time. Strategy can anticipate and learn.

Strategy 11

Strategy Scenario Planning Scientific Management Supply Chain 11

Harvard Business Review

AUGUST 1, 2011

They represent multibillion-dollar global companies, government agencies, software companies, cement makers, eyeglass manufacturers, retailers, insurance providers, and tomato processors. Strategic Planning the Wikimedia Way: Bottom-Up and Outside-In. That diversity is matched only by the deep humanity of the entries.

Management 14

Management Innovation Storytelling Bottom-up 14

Harvard Business Review

MAY 28, 2018

But conducting a good audit study requires time and attention and should be tailored to your industry, customer touchpoints, and strategic plan. For instance, if you are a brick-and-mortar retailer interested in assessing the quality of service provided by your salespeople, you may consider sending in a variety of mystery shoppers.

Company 8

Company Comparison Airlines Diversity 8

Harvard Business Review

NOVEMBER 7, 2017

In my work analyzing the thinking styles of leaders in organizations, I’ve found that strategy is usually developed by people who have a big-picture orientation, while execution is often done by those with a detail orientation. I consistently see measurement as an afterthought in strategy development.

Execution 12

Execution Strategy Metrics Resistance 12

Harvard Business Review

OCTOBER 6, 2014

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. Strategy-making can now happen in real time. Strategy can anticipate and learn.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

Strategy Driven

OCTOBER 11, 2013

Business development. Business shift from the retail dealer customer service mentality of Firestone shifted to a high-production tire operation. During the years while K-Mart did not plan for change, Target and Wal-Mart did plan, change and established defined marketplace niches. Running the business. Body of Knowledge.

Crisis 58

Crisis Crisis Management Retail Budgeting 58

Harvard Business Review

MAY 6, 2016

Why isn’t more of that cash going into developing businesses for long-term gains — the big, outsized gains that come from big bets on the future? A handful of companies have already started to include strategic milestones in their three-year long- term incentive plans, a good first step.

Long-term 8

Long-term Incentives Short-term Management 8

Harvard Business Review

APRIL 29, 2015

Back before the passage of the Affordable Care Act, MedStar’s leaders decided they needed a strategic plan to reimagine the company in 2020. Doing that required developing a new business model in which MedStar would get paid to keep patients well.

Strategy 8

Strategy Long-term Health Care Insurance 8

Strategy Driven

SEPTEMBER 2, 2011

Business development. Under the rules of supply chain dynamics, one must study your supplier relationships, formalize a plan of outsourcing and develop collaborations. Readily measurable values: Time and cost of product development-service delivery cycles. Product-service movement at retail levels. The Big Picture.

Budgeting 50

Budgeting Planning Strategic Planning Competitive Advantage 50

Harvard Business Review

JANUARY 3, 2011

Such capabilities could be rapid-cycle product development, point of sale merchandising, large-scale fabrication, and so on. Integrate capabilities into a system: Develop capabilities that are mutually reinforcing since such capabilities systems provide stronger support for the company's chosen way to play and are almost impossible to copy.

Strategy 15

Strategy Fixed Assets Competitive Advantage Long-term 15

Harvard Business Review

JUNE 20, 2014

But she also realized that the company needed to develop greater marketing muscle to drive a commercial transformation. In our experience, there are specific steps CEOs and CMOs can take to develop a working relationship that is dynamic and useful. Giving the CMO a clear role in the strategic planning process is a good start.

CEO 8

CEO Marketing Hotels Long-term 8

Strategy Driven

OCTOBER 25, 2013

Business development. The common denominator was open communications with customers, where other retail centers try to stifle mention of incidents. The process of strategy development is not esoteric. What-if scenario planning is similar to the processes utilized in overall company strategic planning and visioning.

Crisis Management 80

Crisis Management Crisis Risk Management Budgeting 80

Harvard Business Review

SEPTEMBER 12, 2016

” These talking points will vary, depending on the situation, but in general they should showcase your knowledge, strategic planning abilities, and “grasp of the business.” “The camaraderie develops naturally.” ’” Be aware of your body language. .” ” Follow up.

How To 8

How To Bond Discount Case Study 8

Strategy Driven

SEPTEMBER 7, 2012

Business development. Failure to understand and nurture relationships with the retailing industry. Failure to plan for the present. In 1877, Thomas Edison introduced the cylinder, developed originally for business office use. There were more retail outlets for the music than ever before or ever since.

Download 55

Download Industry Trends Technology 55

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. ‘Develop the Drive to Accomplish Anything.’ They require human development, mentoring, knowledge enhancement and much more to be successful.

Brand 50

Brand Analysis Advertising Software 50

Strategy Driven

OCTOBER 4, 2013

Business development. For many years, we will be measuring how loss of corporate credibility has tainted all facets of business, in terms of remediation, replacement, litigation, make-good, rework, damage control, recovery process, settlements to victims, decreased stock market value and sagging retail sales. Running the business.

Crisis 60

Crisis Airlines Transportation Crisis Management 60

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.

Resources 50

Resources Process Constraint Objective 50

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. One out of every 12 businesses fails.

Ethics 59

Ethics Cost Crisis Learning-by-Doing 59

Harvard Business Review

MAY 28, 2013

In one of the most comprehensive global surveys of corporate directors to date, we found that they were very worried about developing and enacting strategic plans that will enable their organizations to succeed. consumer durables & apparel, retailing, education, media, hotels, restaurants & leisure); Consumer Staples (e.g.,

Talent Management 8

Talent Management Company Telecommunications Management 8

Strategy Driven

JANUARY 24, 2011

It developed the NOOK and has devoted significant space in its retail stores to display and promote it, and it has a broad online library. Barnes & Noble appears to be doing a lot of the right things. The big question is whether the company is fully committed to this change.

Execution 67

Execution Company 360-Degree Feedback Cooper 67