The Horizons Tracker

NOVEMBER 16, 2020

Ever since Oxford’s Carl Benedikt Frey and Michael Osborne published their paper on the potential for jobs to be automated in 2013, a groundswell of concern has emerged about the impact of the various technologies of the 4th industrial revolution might have on the jobs market. Help needed.

Osborne 117

Osborne Report Marketing Technology 117

Skip Prichard

JUNE 3, 2020

Consider Kohl’s, the large retailer, which in 2013 was looking for ways to decrease its operating costs. This failure to understand and appreciate their true benefits has given rise to seven myths that undermine innovation and are described in Experimentation Works. And finally, (7) Are experiments really driving our decisions?

Power 95

Power Kahneman Open-book Learning-by-Doing 95

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

Women on Business

DECEMBER 20, 2012

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.

Trends 265

Trends Power Simon Real Estate 265

Strategy Driven

DECEMBER 5, 2013

This year, 2013, marks the 100th anniversary of the Federal Reserve System, and central bankers are taking a historical perspective. Unregulated and a relatively new innovation, trusts were the ‘ toxic assets ‘ of the 1907 crises. In 1907, it was to save consumer’s retail deposits, in 2008 corporate wholesale funds.

Banking 50

Banking Crisis Morale System 50

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

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

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 11

Retail Chief Technology Officer Technology Merchandising 11

Harvard Business Review

AUGUST 11, 2016

Executive teams often struggle to land innovations that will significantly grow the business. A chronic problem is their emphasis on searching for breakthrough innovation — the creation of a truly new, highly valued product or service that could redefine their industry and lead to unprecedented revenue growth. Insight Center.

Customer Loyalty 8

Customer Loyalty Loyalty Innovation Health Care 8

Harvard Business Review

JANUARY 21, 2014

Generating over $80 billion in sales in 2013, Amazon’s business model, with its ability to capture growth through disruption of retail stores, has proven to be very successful. This revenue model has served it well, as Alibaba’s group revenue in 2013 is expected to be over $160 billion. China Disruptive innovation Strategy'

Business Model 8

Business Model Advertising Retail Disruptive Innovation 8

Harvard Business Review

APRIL 15, 2015

The top 15% of private label shoppers across all food, drug, club, and mass channels account for 50-65% of private label sales for that particular retailer. But they’re not just important for private label sales — they also account for 40-55% of total sales for the retailer. To our surprise, we were wrong.

Price 8

Price Brand Retail Apparel 8

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.

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

DECEMBER 2, 2013

And users in China are probably going to spend more money on e-commerce in 2013 than Americans will. For example, in 2013 there were 315 people in China who had more than a billion dollars , up from zero in 2003. With such innovation and variety, that can only be a good thing for consumers. Income inequality is growing.

Advertising 12

Advertising Retail Media Price 12

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. Sponsored by Cognizant.

CEO 8

CEO Letter Retail Strategy 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 8

Industry Wireless Advertising Content 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. Are younger insurgent companies faster to launch products, to innovate, to react to customers?

Company 8

Company Bureaucracy Long-term Competitive Advantage 8

Harvard Business Review

OCTOBER 8, 2015

They leverage technology in innovative ways. The driver of brand value for high-end speaker systems used to be design, sound quality, and big retail events. The company doubled its revenue last year (2013-2014) to more than $1 billion and its systems are installed in more than 1 million homes in the U.S.

Brand 8

Brand Apparel Software Content 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

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. They’re redefining CSR as CSV: creating shared value. And its self-serve stores save labor costs.

Brand 11

Brand Supply Chain Price Operations 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

JUNE 30, 2014

To this end we eliminated silos between functions including marketing, sales, IT, consumer insight, and innovation and established “consumer experience teams” in each business and region. 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 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. Having any more than that risks diluting executive focus. So for a compensation committee to justify a new metric, it needs to have a strong business case.

Execution 11

Execution Metrics Long-term Incentives 11

Great Leadership By Dan

MAY 12, 2016

Guest post from Michael Klassen : After three decades of working in marketing, I thought I had heard or read nearly every story of innovation and entrepreneurship out there. Today we fondly refer to these extraordinary American innovators as Haight-Ashbury hippies. Who were these people and how did they do it? How did they do it?

Apparel 120

Apparel Innovation Advertising Industry 120

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

MARCH 28, 2013

Without such data it is simply too easy for competitors to let you do the hard work of innovation, then copy your insights and erode your competitive advantage. Only you have the specific transaction, "John Smith bought peas, bread, and grape nehi at 9:27 AM on March 11, 2013," and the tens of thousands like it each day!

Competitive Advantage 8

Competitive Advantage Customer Intimacy Supply Chain Retail 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

AUGUST 11, 2014

Small businesses are also instrumental to our innovation economy; small firms produce 13 times more patents per employee than larger firms and employ more than 40% of high technology workers in America. The majority of small businesses rely on such loans, and in the fall of 2013 alone, 37% of small businesses applied for credit.

Technology 9

Technology Banking Class Real Estate 9

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

NOVEMBER 29, 2013

The leaders of these organizations immediately got the concept that the philanthropic community stood to benefit by converging on a day like this, in the same way that retailers (even though they compete aggressively) all take part in and benefit from Black Friday. Encourage innovations on the theme.

Decentralization 9

Decentralization Media Follow-up Learning-by-Doing 9

Harvard Business Review

OCTOBER 14, 2013

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. Pieri is the Co-founder and CEO of The Grommet, a retail site devoted to promoting innovative, undiscovered products and the stories behind their makers.

Learning Curve 11

Learning Curve Learning-by-Doing Retail Budgeting 11

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. Likewise, Nigeria is the powerhouse among the MINT nations while Mexico’s performance may make investors question the rationale for its inclusion.

Marketing 8

Marketing Benchmarking Globalization Construction 8

Harvard Business Review

MARCH 14, 2017

The existence of this parallel economy is a substantial drag on the Indian economy: According to recently released data , only about 1% of Indians paid taxes on their earnings in 2013. Innovation and Creativity Emerged Around Digital Payments. Here, the government’s innovative capacity shone through.

Banking 10

Banking GDP Policies Real Estate 10