Remove Goal Remove Innovation Remove Leadership Remove Merchandising
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Caring for the Commons

Great Leadership By Dan

& Doug Lennick: If you’re in a leadership position, you make hundreds of decisions each day – and most of those have the potential to impact the well-being of others. Incidentally, Costco employees sell twice as much merchandise per square foot of retail space as their nearest competitor – Sam’s Club! Guest post by Fred Kiel, Ph.D.

Morale 232
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Work That Matters starts with Matters that Work

In the CEO Afterlife

Companies say they want to be customer-centric, to be innovative, to produce outstanding products and services, to be environmentally responsible, to be socially responsible, and so on. Bean , the idea of selling really good merchandise at a reasonable profit and treating customers like human beings is worth the effort.

Teamwork 100
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How to Innovate When You're Not the Big Boss

Harvard Business Review

Given the unrelenting pace of change surrounding organizations in virtually every industry, companies are looking for executives who know how to innovate and introduce change, not simply caretakers who can manage the status quo. Senior management doesn't really encourage innovation, you'll hear. They won't let me take risks."

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Why Tesco’s Strengths Are No Longer Good Enough

Harvard Business Review

Private label (retail-branded merchandise) has been growing for years – since Sainsbury and Marks & Spencer invented it over 100 years ago – increasing in quality and forcing down brand premiums. So with such a track record of strategic innovation, why has Tesco been blindsided by the hard discounters like Germany’s Aldi and Lidl?

Retail 9
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Etsy's Hackathon for Good

Harvard Business Review

The company is doing pretty well: it has over 800,000 active sellers and a 15 million-person marketplace across 150 countries, and last year its gross merchandise sales reached $525 million. For Etsy's leadership, this was an opportunity to engage their entire team by giving them ownership of how to make Etsy better.

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5 Questions That Will Help You Stay Ahead of Your Disruptors

Harvard Business Review

” That clean-sheet perspective emboldened Intel’s leadership to abandon memory and focus on microprocessors. They see disrupted incumbents from retail, finance, health care, transportation, professional services, and manufacturing requiring radical restructuring of assets, productivity , and innovation.

Levitt 8
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Purpose is Good. Shared Purpose is Better

Harvard Business Review

The ultimate goal would seem to be having your values and value aligned: have what you do reflect who you are, have what you stand for guide what you make, and have your value to the community enhance your value to customers and shareholders. Nike : To bring inspiration and innovation to every athlete* in the world. *"If