Remove 2013 Remove Ethics Remove Management Remove Retail
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Why Tesco’s Strengths Are No Longer Good Enough

Harvard Business Review

Troubles at Tesco, the UK’s leading retailer, are mounting. If round after round of profit warnings was not enough – group operating profits fell 20% between 2011 and 2013 and are likely to fall another 30% in 2014 — the company recently announced it had overstated its first-half profit by about $400 million. How did this happen?

Retail 11
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The Leadership Blind Spots at Wells Fargo

Harvard Business Review

Former employees have alleged a “soul-crushing” culture of fear and daily intimidation by managers, where they were pressured to reach extreme sales goals, some by breaking the law. The bank has since fired 5,300 employees for the illegal behavior and eliminated retail bank sales goals entirely.

Banking 10
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We Took a Vote. You're Fired.

Harvard Business Review

Most managers assume that customers love getting gifts, especially in front of other people. In fact, a survey of retail managers suggests that a majority think customers are happier getting preferential treatment in public than in private. growth in digital ads between 2013 and 2014. Ethical Quandaries.

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business Review

Does a robot manage your money? A study by Deloitte estimated that “assets under automated management” (including hybrid offerings) in the U.S. This would represent between 10% and 15% of total retail financial assets under management. CSA Images/Printstock Collection/Getty Images. will grow to U.S. $5

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The Tech Trends You Can’t Ignore in 2015

Harvard Business Review

Our 2015 trends offer great opportunity – along with some unusual new challenges – for managers in all industries. Deep learning intersects with numerous fields, and it will soon aid in manufacturing, medicine, retail, utilities, and beyond. Smart virtual personal assistants: SVPAs started entering the market in 2013.

Trends 8