Strategy Driven

MARCH 16, 2016

They prove that the most economically disadvantaged people on the planet create a great market for social entrepreneurs – AND provide a terrific testing ground for innovation and cost control. As of February 28, 2013, the company claims: 13,638,438 “lives empowered”. This can be part of your strategy. 656,952 tons of CO2 offset.

Productivity 50

Productivity Products Prahalad Open-book 50

Deming Institute

JANUARY 5, 2017

Out of the Crisis resonated with me – not because of statistics, but because of the human factors, the psychology, and the workplace dynamics that I already recognized from the workplace, having worked a few part time retail jobs at that point. I had experience a bullying boss who didn’t listen to their employees.

Deming 46

Deming TQM Kaizen Crisis 46

LDRLB

MAY 26, 2014

The most recent being Big Bang Disruption: Strategy in the Age of Devastating Innovation. Paul Nunes and I have known each other for many years, and we’ve both been writing about the subject of disruptive innovation from different vantage points and different angles. DAVID: Yeah. You call it this big bang disruption.

Early Adopters 60

Early Adopters Rogers Disruptive Innovation Innovation 60

Harvard Business Review

APRIL 17, 2015

In this article adapted from their new book, Jerry Davis and Chris White explore what makes some companies more fertile for social innovation — that is, the ongoing (rather than one-off) initiatives that have positive social impact while promoting the core mission of a business.

Innovation 8

Innovation Company Supply Chain Open-book 8

Harvard Business Review

SEPTEMBER 15, 2014

More US bank branches closed in 2013 than ever before. More than 85% of retail banking transactions are now digital. So are we witnessing the death throes of brick-and-mortar retail banking? So are we witnessing the death throes of brick-and-mortar retail banking? Finance Internet Retail' In our view, no.

Banking 10

Banking Retail Open-book Finance 10

Harvard Business Review

OCTOBER 6, 2014

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

Retail Merchandising Discount Price 11

Harvard Business Review

JULY 31, 2014

McDonald’s should apply to franchisees a model similar to the one it uses for its suppliers: The company engages in long-term relationships with suppliers to make it clear that they’ll work together on tough issues, not just issue fines; brings suppliers together periodically to learn from each other; and rewards innovation.

Supply Chain 8

Supply Chain Compliance Franchising How To 8

Harvard Business Review

MAY 9, 2014

In e-commerce, advances in tracking and analytics have made it possible for retailers to understand what individual customers are doing before they make a purchase, and to gather and analyze hundreds and thousands of data points to identify trends. Take Alex and Ani, which designs and retails jewelry, and Belk, a department store chain.

Retail 12

Retail Chief Technology Officer Technology Merchandising 12

Harvard Business Review

OCTOBER 28, 2014

It’s not been a great year for venerable retailer Sears, which is reputed to be closing 130 retail stores and laying off more than 5,000 employees. Founded in 1886 as a mail-order watch retailer, Sears was already 71 when it became an original member of the S&P 500 in 1957. Apparently, it was big data.

Retail 9

Retail Quinn Real Estate Apparel 9

Harvard Business Review

SEPTEMBER 13, 2017

For slaughterhouses and retailers (Brazilian operations), we also projected positive benefits: $20 million to $120 million (0.01% to 0.1% From 1993 to 2013 the cattle herd in the Brazilian Amazon rain forest — covering most of country’s northern region — expanded by nearly 200%, to more than 60 million head.

Supply Chain 8

Supply Chain Net Present Value Retail Cost of Capital 8

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

NOVEMBER 17, 2016

retail chains. Following an entrepreneurial strategy ultimately means that managers and employees of a firm act more proactively and innovatively, and they take more risks — all which is known to drive growth and increase a firm’s advantage against competitors. Insight Center. The 21st-Century CEO.

CEO 8

CEO Letter Retail Strategy 8

Harvard Business Review

NOVEMBER 2, 2016

retailers in customer satisfaction and its market value declined by 55%, the board stepped back in, meeting with employees and learning how to restore the company’s original focus on a close, advisory relationship with customers. Lose an owner’s mindset and leaders turn into managers, then custodians and, ultimately, bureaucrats.

Company 8

Company Bureaucracy Long-term Competitive Advantage 8

Harvard Business Review

JUNE 4, 2014

After an unprecedented decade of growth, analysts wrote off 2013 as a year to forget for Apple. Most pundits agreed on what was wrong — a lack of breakthrough innovation since the passing of founder Steve Jobs. Apple has seemingly served as an anomaly to the theory of disruptive innovation. When Innovation Is Strategy.

Industry 9

Industry Wireless Advertising Content 9

Harvard Business Review

AUGUST 17, 2017

Most plans have fewer than six: one or two financial metrics, such as sales growth or earnings per share, and two or three nonfinancial metrics, in areas such as quality or innovation. Management sought to create direct energy savings and a stronger brand that would be well-regarded by owners, employees, and consumers.

Execution 12

Execution Metrics Long-term Incentives 12

Harvard Business Review

FEBRUARY 6, 2014

A recent headline, “JCPenney Releases 2013 Sustainability Report,” reads like the punch line to a bad joke. For great brands, CSV doesn’t simply draw upon the company’s innovation capabilities. It’s as if giving back could make up for taking something away in the first place. Consumers aren’t falling for the trick.

Brand 12

Brand Supply Chain Price Operations 12

Harvard Business Review

JUNE 30, 2014

As we were a product-centric organization, the shopping experience had played a supporting role, with individual elements of the experience managed by different organizational silos. Individual regions build and execute integrated customer experiences and launch innovations based on the way consumers shop in their markets.

Marketing 8

Marketing Brand Globalization Innovation 8

Harvard Business Review

AUGUST 28, 2014

A recent article in The Economist , citing the work of Ryan Raffaelli at Harvard Business School, points to what it calls a “paradox” in the aftermath of disruptive innovation. Since achieving first-year sales of $175,000 in 2006, it has increased that number by four orders of magnitude: in 2013, Etsy sold $1.35 cut of sales.

Disruptive Innovation 8

Disruptive Innovation Supply Chain Technology Parcell 8

Harvard Business Review

JUNE 25, 2013

subscribers in the first quarter of 2013, a 7% increase over the previous quarter. Yet ROI leaders in our study also included telecoms, retailers, banks and high-tech companies. This last activity helps explain the appeal of Big Data to a growing number of retailers. Information & technology Innovation Strategy'

ROI 8

ROI Company Learning Curve Retail 8

Harvard Business Review

FEBRUARY 7, 2014

My colleague Andy Hargadon noted this when he did an ethnography of the renowned innovation firm IDEO in the 1990s. Sales doubled in 2013. Until 2013, the rocks were reevaluated every 90 days. Based on better customer retention alone, management estimates this innovation has boosted annual revenues by $10 to $20 million.

Venture Capitalist 8

Venture Capitalist Brainstorming Proposal CEO 8

Harvard Business Review

OCTOBER 14, 2013

Last year, for example, I was approached about a senior management role at a fast-growing Boston start-up, but ultimately they didn’t offer me the job. Jules Pieri, who was recently named one of 2013’s Most Powerful Woman Entrepreneurs by Fortune Magazine, is a woman who is now reaping the rewards of standing up.

Learning Curve 11

Learning Curve Learning-by-Doing Retail Budgeting 11

Harvard Business Review

DECEMBER 28, 2017

After Mugabe claimed victory in a disputed election in 2013, however, corruption increased , while the strengthening U.S. An influx of capital could also result in a revival in the formal retail sector (e.g., Lower-income consumers also present a lucrative opportunity.

Banking 8

Banking First-mover Advantage Politics Finance 8

Harvard Business Review

DECEMBER 20, 2016

I’ve found that managers who fully embrace a superconsumer strategy learn more from their consumers through increased empathy. These managers are more persuasive at getting buy-in from the leaders in their organization, make better strategic decisions, and achieve more stable, more predictable, and longer-term growth.

Airlines 8

Airlines Energy Self-aware Learning Curve 8

Harvard Business Review

JULY 2, 2015

For instance, ever since Goldman Sachs coined the term BRIC, China and India have pulled ahead of Brazil and Russia, whose growth fell below the group average between 2001 and 2013. Having said that, it is also true that executives need help managing their globalization gambits. Thus, most groupings may be valid only in the short run.

Marketing 8

Marketing Benchmarking Globalization Construction 8

Strategy Driven

OCTOBER 11, 2013

Business shift from the retail dealer customer service mentality of Firestone shifted to a high-production tire operation. Current management of both companies were ill-advised on handling the crises. K-Mart had become the odd retailer out but still kept 1,500 stores for its reorganization. Doing Things as We Always Have.

Crisis 59

Crisis Crisis Management Retail Budgeting 59

Harvard Business Review

OCTOBER 9, 2013

As part of the AIA, on March 16, 2013, the United States adopted a first-inventor-to-file regime. Typically, the launch of a new product design includes market research, independent testing, previews to select retailers and journalists, and discussions with suppliers about how to manufacture the proposed design.

Magazine 8

Magazine Engineering Productivity Products 8

Harvard Business Review

JUNE 21, 2013

But you probably don''t work at Menlo Innovations, where there are no bosses (at least in the traditional sense). Most managers assume that customers love getting gifts, especially in front of other people. growth in digital ads between 2013 and 2014. Stop Judging Me. Journal of Consumer Research.

Advertising 8

Advertising Video Ethics PR 8

Harvard Business Review

JUNE 14, 2016

When your manager is also your parent, sibling, or another relative, how do you keep things professional? Toby Bozzutto’s father, Tom, never asked him if he wanted to work in the family real estate management company. Working in the family business can be fraught. It always ends badly. ”

Real Estate 8

Real Estate Supply Chain Learning-by-Doing Career 8

Harvard Business Review

AUGUST 5, 2014

“We’ll spend a lot of time bringing product to market, but we need to plan for the fact that a launch gives us a six-month head start and no more,” says Gary Booker, CMO of Dixons Retail. That helped account managers focus their pitch on the client’s business issues and build rapport. And that really is on the backs of marketing.”

P&L 11

P&L Banking Marketing Call Center 11

Harvard Business Review

JULY 21, 2016

This is where the opportunity lies — in collaboration that includes the final approvers, embedding legal teams in the design and innovation process. Ironically, not including lawyers in the collaborative process perpetuates the idea that they smother innovation. Remind your company that there are risks to not innovating.

Innovation 8

Innovation Team Compliance Retail 8

Harvard Business Review

OCTOBER 27, 2014

A mid-level manager in this 5,000-employee hospital, she is leading a 70-member group on patient flow as part of a larger organizational effort. Her ability to lead and inspire — to become a change leader from her position as a mid-level manager — is helping her team produce results. I found a few defining characteristics: 1.

Middle Management 13

Middle Management Six Sigma Taylorism Taylor 13

Harvard Business Review

JULY 31, 2015

In 2013, Ashley Stewart was on the brink of bankruptcy — its second in a little over three years. To give her a chance, I resigned from the board to become CEO in August 2013. On my first day, I confessed to the entire home office and field management team that I was the least qualified person to run the business.

Fashion 8

Fashion Operations Brand Retail 8

Harvard Business Review

JANUARY 5, 2015

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

Trends Retail Learning-by-Doing Banking 8

Harvard Business Review

MARCH 14, 2016

The term “unicorns,” coined, in 2013, by Aileen Lee, founder of Cowboy Ventures , is commonly used to identify venture-backed private companies valued at $1 billion or more. Similarly, Flipkart, the largest online retailer in India, has so far raised an impressive amount of around $3 billion in nine rounds of equity financing.

Company 8

Company Succession Analysis Entrepreneur 8

Harvard Business Review

JANUARY 10, 2013

A generation ago, incumbents that struggled to respond to disruptive innovations had an excuse. Managers at companies like General Motors, Sears, and Eastman Kodak simply didn't have the tools to spot and respond to would-be disruptors. In 2012 a number of disruptive innovations came of age. 3-D printing.

Trends 8

Trends Disruptive Innovation Christensen Business Model 8

Harvard Business Review

JUNE 5, 2015

The witches are the rapid innovation in robotics and computing, slated to replace humans in performing increasingly sophisticated – i.e. “white collar” – tasks and so displace jobs across the employment spectrum. In the 21 st century, creating meaning and innovating will be democratized through technology.

Drucker 8

Drucker Technology Efficiency Rogers 8

Harvard Business Review

DECEMBER 18, 2012

A GreenBiz report indicated that progress had slowed or even regressed, but MIT and BCG also declared that sustainability had reached a "tipping point" with more companies putting sustainability "on the management agenda.". Sustainability innovation opens up: Unilever, Heineken, and EMC ask the world for help.

Supply Chain 10

Supply Chain Constraint P&L Energy 10