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2013 Trends and The Power of Women

Women on Business

I was recently asked to think about how 2013 trends will impact women in the work force and how women will impact the trends. As a female entrepreneur who has built a successful company over the past decade, I forced myself to look even further ahead and determine what might be coming, not just in 2013 but in the next five years or so. Could I see the future as a projection of the strides I’ve been able to make, similar to what other women in business have done?

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The Rules of Retention

Chart Your Course

As a result, QuikTrip was expanding with new stores and larger projects during the recession, while other low-cost retailers were closing stores and announcing layoffs. Too many workers, especially Generation Xers and younger, see changing employers as the only way to advance their careers. Employers are shooting themselves in the foot when they don’t provide the employees they have already hired and trained with a career path and or educational opportunities. .

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Small Businesses Need Big Data, Too

Harvard Business Review

Our three-year project was designed to build awareness among small firms about the value that data could have for their businesses. For example, one firm, having been asked by a retailer to produce a range of ready meals, simply looked at other products on the market and tried to imitate them. In other cases, the small firms followed guidelines laid down by the big retail buyers. A key reason why this project worked was the one-to-one help for the owner-managers.

The Growing Business of Marijuana

Harvard Business Review

But here’s what is most surprising to many about the marijuana industry: It’s filled with straight-laced people who built careers – and started successful companies – in other fields. Technology, marketing, retail, HVAC, construction, and manufacturing pros. billion in 2013 – up about 15% from the year before, according to our 2013 Marijuana Business Factbook. Earlier this year, we projected that sales will hit $6 billion by 2018.

We Took a Vote. You're Fired.

Harvard Business Review

In fact, a survey of retail managers suggests that a majority think customers are happier getting preferential treatment in public than in private. It''s an attractive value proposition: It''s projected to be a big part of the 13.4% growth in digital ads between 2013 and 2014. Leave Your Title at the Door. Let''s say you have a coworker who’s disruptive or isn''t pulling his weight.

Your Summer Intern Is Here. Now What?

Harvard Business Review

She was encouraged to keep a running list of questions about how the mammoth retailer''s operations worked, and she discussed them with her manager during weekly calls. By the end of the summer, Daniela had a strong handle on Wal-Mart, and had built up a stable of contacts and connections internally to help her think strategically about next steps in her career. Block off an hour to talk about her upcoming projects.

Keeping It Professional When You Work in a Family Business

Harvard Business

Experience in an outside firm should be a requirement before embarking on your career in the family business, says Lachenauer. You’ll also gain much-needed perspective on what you hope the arc of your career might look like. Define your role and career path. ” One smart strategy is to tap an independent board member to evaluate your progress and performance so you can get smart career advice and reviews. Working in the family business can be fraught.

How Company Culture Shapes Employee Motivation

Harvard Business Review

One 2013 study illustrates this well. We saw this play out in retail, banking, telecommunications, and the fast food industry as well. And in one retail organization we worked with, we found that the difference between a low-ToMo and high-ToMo sales associate was 30% in revenues. The third most sensitive element is the career ladder in an organization. So she started explaining why a project would help the customer instead. DAVE WHEELER FOR HBR.