Women on Business

AUGUST 24, 2011

She was long dead when I first discovered Martha Matilda Harper and her amazing feat of launching modern franchising even though she had been a servant for nearly a quarter of a century. History buried its memory of the 500+ franchises she sprouted and staffed with other poor women. Guest Post by Jane Plitt.

Franchising 226

Franchising Succession Core Competence Follow-up 226

The Horizons Tracker

FEBRUARY 20, 2024

” Boosting motivation A field study was conducted on six fast-food franchise restaurant locations to examine the effectiveness of team-based recognition on employee effort and engagement.

Motivation 77

Motivation Franchising Teamwork Cost 77

Joseph Lalonde

JANUARY 10, 2018

Integrating these two disciplines can mean more precise medical procedures and other innovations. The outcome is oftentimes profit over meaningful transformation and innovation. What ultimately bolsters our economy and secures America’s leadership internationally is innovation and risk-taking. We as health consumers benefit.

Leadership 190

Leadership Henderson Leadership Styles Delegation 190

Leading Blog

MAY 18, 2018

Another reason success as an entrepreneur favors age is that “creating a new product or service is an organic process, one that is shaped by background, experience, and acuity of the innovator.” “The Innovators are curious and have a voracious appetite for learning. The average age of an inventor awarded a patent is forty-seven.

Planning 161

Planning Entrepreneur Franchising Learning-by-Doing 161

Leading Blog

AUGUST 20, 2019

Having worked with more than 10,000 entrepreneurs, innovators, inventors, hobbyists and side hustlers, they often struggle with when it is appropriate to leap from the job environment into the entrepreneurship maze. Most people see this dichotomy and feel that they need to choose one dream over the other.

Debt to Equity Ratio 177

Debt to Equity Ratio Chief Financial Officer Chief Executive Officer Entrepreneur 177

Strategy Driven

OCTOBER 2, 2020

Growth is a significant indicator that your business is on the right track and involves taking more risks, developing innovative ideas, and identifying the right audience. You can choose to open a physical store at another site, and you can either run it or operate it as a franchise. These few strategies should help answer that.

Entrepreneur 132

Entrepreneur Strategy Franchising Media 132

LDRLB

AUGUST 22, 2018

We tend to think that outstanding creative works or amazing disruptive innovations sprang forth into the world wholly original and unique to that industry. If you think about the creative world, what’s the most innovative, amazing, successful movie franchise in history? At least not in the way that you think.

Creativity 74

Creativity Disruptive Innovation Gordon Franchising 74

Mike Cardus

AUGUST 9, 2013

Example – Working with a large Coffee and Bake Shop franchise headquarters wanting the district managers to use Coaching & Feedback as opposed to authority and demands with the franchise owners. Management must be OK with the team changing the steps, as long as the change goal is met you cannot micromanage the process.

Resistance 141

Resistance Franchising Power Management 141

Leading Blog

JULY 18, 2012

How do you transform a losing climate into one that fosters collaboration, innovation, and productivity? At stage VI an organization “needs to concentrate on continual learning and innovation. A turnaround is really a change in culture—changing the culture of the team or organization. When teams win, they can become complacent.

Team 285

Team How To Franchising Learning-by-Doing 285

Persuasive Powerhouse

MAY 30, 2012

Managers don’t have the franchise on ideas. Ideas and innovation are the keys to thriving, and making decisions based solely on what you know is no longer enough. Whether you use it or not, thank your team for their ideas; they’ll be more willing to provide them again in the future.

Franchising 203

Franchising Tactics Self-aware Analysis 203

Strategy Driven

NOVEMBER 3, 2021

Not everyone is willing to work with large businesses and franchises, so a cozy coffee shop is a good choice. One of the most innovative business ideas you can develop is a mobile health clinic that goes beyond a business model and solves a genuine crisis. They’re a working space and even a place to relax.

Business Model 115

Business Model Construction Transportation Franchising 115

In the CEO Afterlife

DECEMBER 11, 2011

In the case of struggling Nabob Foods, two significant innovations facilitated the turnaround. While they played catch-up, we were already working on the next innovation. Secondly, he innovated with blockbuster products iMac and iPod. Usually, one or two “big” plays make the difference. And guess what?

CEO 201

CEO Advertising Franchising Brand 201

Rapid BI

APRIL 16, 2012

What hope for UK business when #mentoring education fails The UK Department for Business, Innovation and Skills (BIS), after the closure of the Business Link franchise, is pinning it's hopes on volunteer mentoring for developing entrepreneurship and U.

Mentor 45

Mentor Education Franchising Innovation 45

HR Digest

MAY 6, 2021

We’re focused on building a culture of innovation that enables good ideas to thrive at any level of the organization, not just at the top. That purpose – to Ignite and Nourish Flavorful Experiences – is at the core of how our team members work together, serve our guests, and strengthen our communities.

Brand 52

Brand Franchising Career Resources 52

Marshall Goldsmith

OCTOBER 14, 2013

Johnson & Johnson’s worldwide franchise managers, for instance, may have to get country managers, whom they do not directly supervise, to commit to a strategic marketing or purchasing plan. Innovation' In a hierarchical organization, leaders can more easily give orders and expect people to respond.

Telecommunications 111

Telecommunications Franchising Consultative Diversity 111

Harvard Business Review

APRIL 20, 2012

Whether you are trying to create a new product, solve problems more effectively, become the most successful company in your industry, or find creative ways to meet your customers' needs, innovation is likely one of your most critical objectives at work. When it comes to generating innovative ideas, introverts and extroverts may be on par.

Innovation 14

Innovation Franchising Brainstorming Creativity 14

Harvard Business Review

MARCH 22, 2011

I don't want to say "dirty tricks," (whoops, I just said it) but Clorox certainly took an innovative approach to squelching P&G's innovative threat. An excellent business case could be made that Clorox's "Portland Massacre" was — dollar-for-dollar — its most strategically important (anti)marketing innovation that year.

Innovation 14

Innovation Franchising Ethics Disruptive Innovation 14

In the CEO Afterlife

MARCH 18, 2015

With 60% of annual sales coming from innovative new products, it is clear that LEGO has not been idle. They’ve never franchised. They launched new product kits, created the blockbuster LEGO Digital Designer, and negotiated some very lucrative licensing arrangements such as Harry Potter and Star Wars. In-N-Out Burger. and going public?

Apparel 100

Apparel Brand Franchising Competitive Advantage 100

Steve Farber

MARCH 27, 2017

Researchers with Deloitte , for instance, found that “ mission-driven ” companies typically are first or second in their market segment, have 30 percent higher levels of innovation, and have 40 percent higher retention levels. And it needed all of the franchisees and their team members to buy into and live a shared culture.

Company 40

Company Mission Statement Market Segmentation Franchising 40

Harvard Business Review

JUNE 10, 2014

Almost every discussion of innovation today inevitably turns to the topic of “disruption.” Academics write about the power of disruptive innovation to transform one industry after another. Consultants have set up practices to focus specifically on helping companies become disruptive innovators. How has this strategy worked?

Innovation 8

Innovation Disruptive Innovation Venture Capitalist Depreciation 8

Harvard Business Review

DECEMBER 21, 2011

Hosting parties in December is just one example of how the ownership team has found innovative ways to increase the revenues it derives from Fenway. The ownership has introduced other business model innovations. Major league owners are famously reluctant to release franchise-specific financial information.

Business Model 11

Business Model Innovation Maturity Franchising 11

Harvard Business Review

JUNE 3, 2016

Since every industry changes in time, the key to success is adapting to those changes – hence, strategy is innovation. That deal brought the Stars Wars and the Indiana Jones franchises within Disney’s fold. For instance, the Avengers is a successful movie franchise but it is also monetized in Disney’s theme parks.

Creativity 8

Creativity Franchising Succession Film 8

Harvard Business Review

NOVEMBER 2, 2012

He just sold Lucasfilm, and the rights to the Star Wars franchise, to Disney for $4 billion. The success of an NFL franchise in London is less an economic question than a cultural one. Felix Baumgartner's Two Moments of Innovation Truth (INSEAD). Lucas lucked out. The sale is certainly a boon for Lucas, but what about Disney?

Franchising 15

Franchising Merchandising Video Sports 15

Harvard Business Review

MARCH 31, 2016

But as anyone who has ever tried to lead innovation knows, the challenge goes beyond being ambidextrous enough to manage today’s business while creating tomorrow’s. Innovation & Entrepreneurship Book. To get to the future, you must build it day by day. Excerpted from. The Three-Box Solution. Vijay Govindarajan.

Innovation 8

Innovation Hedge Management Govindarajan 8

Harvard Business Review

SEPTEMBER 16, 2014

Disruptive innovations can play a critical role in democratizing healthcare by making goods and services affordable and convenient enough that large populations of under-served consumers become able to access them. Entrepreneurs and private-sector organizations are particularly well-placed to bring such disruptive innovations to life.

Health Care 8

Health Care Disruptive Innovation Franchising Innovation 8

Harvard Business Review

APRIL 12, 2018

Jon Buchan, the director of London-based Charm Offensive, a creator of innovative cold emailing campaigns, applies Curry’s disruptive basketball strategy to business: “Find a gap,” Buchan writes. Innovate a product or service from within your position. “A chink in the armor. What is nobody else doing? .”

Career 15

Career Market Risk Chemicals Banking 15

Harvard Business Review

APRIL 21, 2014

are doing a great job of letting innovation flourish without counterproductive meddling and stonewalling. ” Whether or not you care about Uber and Tesla, you should care about business innovation and disruption because they’re a primary way that progress happens and that people become better off over time.

Franchising 8

Franchising PR Innovation Technology 8

Harvard Business Review

JUNE 6, 2016

. “We focus on organics and cool new macronutrients, and our consumers are into quinoa and kale and bean sprouts,” Alex Blair, who owns four franchises of Freshii, a Toronto-based chain of healthy fast-food outlets, told the New York Times. Those kinds of use cases can even frustrate sophisticated data-mining techniques.

Productivity 8

Productivity Products Mass Marketing Franchising 8

Harvard Business Review

DECEMBER 9, 2010

That sort of money should allow you to open 10 new centers next year, not through franchising as you'd planned, but under your direct ownership and control. The director wasn't expecting her, but Gloria liked popping into the franchises unannounced to get an unvarnished view. Three million euros.". Hours were flexible.

Case Study 13

Case Study Franchising Health Care Follow-up 13

Harvard Business Review

JULY 19, 2012

We addressed the question of how leaders turn great invention into business innovation that generates organic revenue growth. How can you adapt management systems that are used to managing short-term performance to become capable of supporting a "test and learn" approach to innovation?

Short-term 15

Short-term Long-term Franchising Maturity 15

Harvard Business Review

APRIL 1, 2013

After looking hard at the numbers and algorithms, the smartest — and richest — general managers and franchises have made up their collective minds: They're not paying a premium for yesterday. That's the new quantitative consensus reshaping professional sports worldwide. We have a luxury in sports," says Morey.

Loyalty 8

Loyalty Franchising Six Sigma Sports 8

Harvard Business Review

AUGUST 4, 2014

Instead of focusing on innovation, as he did during his first tour as CEO of the world’s largest consumer packaged goods firm, Lafley is now innovating on focus. represent an innovation repudiation of Lafley 1.0? . represent an innovation repudiation of Lafley 1.0? innovation.

Brand 8

Brand DCF IRR NPV 8

Harvard Business Review

JUNE 18, 2012

For a social entrepreneur with an innovative solution, the holy grail is scaling it —that is, taking it to a level where the new approach operates efficiently and effectively to achieve significant mitigation of a social problem. They are: Staffing. Perhaps more than anything else, this has been the key to PlayWorks' successful scaling.

How To 14

How To Franchising ROI Entrepreneur 14

Harvard Business Review

FEBRUARY 17, 2012

SHE has created a franchise model — providing business skill training, technical expertise, and co-investment — to partner with women in Rwanda and other developing-country communities to distribute and ultimately manufacture and launch their own SHE LaunchPads franchises. Emotion Creates a Common Language.

Franchising 13

Franchising CEO GDP Entrepreneur 13

Harvard Business Review

SEPTEMBER 4, 2013

Innovation : When defining innovation as "offering products that are new to some or all customers" in some regions — including the U.S. and developed Europe — women entrepreneurs have higher levels of innovation than their male counterparts. And in the U.S., more than half of the 9.72

Globalization 13

Globalization Entrepreneur Banking Supply Chain 13

Harvard Business Review

NOVEMBER 5, 2018

And Uber is not alone among these companies in turning to market-level experiments to test new products and innovations. It’s not just tech companies who can use large-scale experiments to test new products and innovations. regions, cities, or franchises) in which to launch the product.

Productivity 8

Productivity Products Metrics Franchising 8

Harvard Business Review

MAY 8, 2017

Whereas most business lists analyze companies by traditional metrics such as revenue or by subjective assessments such as “innovativeness,” our ranking evaluates the ability of leaders to strategically reposition the firm. Matthew Eyring , Chief Strategy & Innovation Officer of Vivint Inc.

Franchising 15

Franchising CEO Business Model Strategy 15