Harvard Business Review

NOVEMBER 15, 2017

Few industries are being disrupted as drastically as the retail industry. More retail purchases are moving online, and a growing number of manufacturers now sell to consumers directly, cutting out retailers entirely. It’s either adapt to the new environment or step aside and make room for a competitor who can.

Retail 10

Retail Chief Executive Officer Supply Chain Operations 10

Strategy Driven

FEBRUARY 4, 2020

Reinvesting in improvements like equipment, infrastructure, product development, and improving customer service are all valuable ways to build your business. These programs are especially useful for start-ups who are operating with minimal staff and have a lot of team members wearing many hats already.

Succession 67

Succession Asset Management Software Outsourcing 67

Marshall Goldsmith

FEBRUARY 8, 2018

14th Administrator, United States Agency for International Development. Forbes – #1 Leader in Retail. a holding company that operates seven distinct business. Rod MacKenzie – Executive Vice President, Chief Development Officer for Pfizer, member of Pfizer’s Executive Leadership Team. Former CEO, Carlson.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

N2Growth Blog

JUNE 14, 2010

Why didn’t Folgers recognize the retail consumer demand for coffee and develop a Starbucks type business model? Let’s just take a moment and look at a few notable examples of what happens to companies that become complacent…Why didn’t the railroads innovate? Why didn’t IBM see Dell coming?

Business Model 305

Business Model Blog Disruptive Innovation Brand 305

In the CEO Afterlife

JUNE 8, 2016

As Ogilvy’s Ian MacKellar, who helped develop the current creative platform, would say: “For any campaign or creative idea, it helps to have a conflict, a tension, an enemy.” wholesale grocers (prior to Bell’s arrival in 1977), which meant its market share inside competitive retailers was, naturally, quite low. “By

Brand 100

Brand Brand Management Advertising Management 100

Harvard Business Review

OCTOBER 24, 2016

Small startup firms are already developing proprietary technologies — such as machine vision, deep learning, and other innovations —– that could help large investors evaluate opportunities and risks with far greater accuracy and efficiency than was previously possible. How is this state of affairs possible?

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

APRIL 25, 2014

But they don’t think nearly enough about operational meltdowns – technological glitches and other problems that can put them out of business. They are usually quick to recognize operational problems and deal with them before they become disasters. Operational meltdowns at midsized companies can take much longer to notice and resolve.

Operations 8

Operations Company Supply Chain Short-term 8

Strategy Driven

JULY 13, 2011

Value: The Four Cornerstones of Corporate Finance by Tim Koller. While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Discusses the four foundational principles of corporate finance.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Harvard Business Review

DECEMBER 6, 2010

Today, the guild mentality persists within companies, where functions such as marketing, sales, finance, IT, human resources and R&D all have their own area of special expertise. Marketing, sales teams and the DSD force itself operate with tremendous coordination to ensure that they are consistently aligned in their business objectives.

Operations 13

Operations Competitive Advantage Supply Chain Retail 13

Harvard Business Review

SEPTEMBER 7, 2016

This seemingly banal transaction speaks volumes to the power of how established retail has pervaded our everyday experience in the United States. Customers have myriad channels to discover new products and shop at outdoor gear retailers to explore, evaluate, and choose what they need. I am the cofounder and CEO of BioLite.

Marketing 8

Marketing Microfinance Retail Development 8

Strategy Driven

MARCH 21, 2011

The modern corporation that has evolved as a result consists of many specialized functional departments, such as sales, engineering, marketing, manufacturing, operations, and finance. Getting a 50,000-foot picture of our operations illustrates outdated, cumbersome, inefficient processes.

Hammer 50

Hammer Chief Executive Officer Metrics Process 50

Harvard Business Review

AUGUST 5, 2016

Under this financing structure, the company contracts to buy kilowatts, not the turbines and panels. So the PPA terms that retailers and tech companies sign have not worked for the heavy guys. They held about 40 meetings with companies that had bought renewable energy and with big project developers. Get early buy-in.

Energy 8

Energy Industry Finance CFO 8

Harvard Business Review

OCTOBER 24, 2014

In addressing the billion-dollar adherence problem, Vitality (since acquired by NANTHEALTH ) considered the interests of the players in the diverse ecosystem, including pharmaceutical companies, retail pharmacies, and health care providers. Operations. It also took into account their roles in changing patient behavior. Human resources.

Productivity 8

Productivity Products Company Engineering 8

Harvard Business Review

SEPTEMBER 12, 2011

retail banking competitor; and. retail banking competitor; and. It's not hard to see why: Ring-fencing retail banking and prioritizing depositors can easily be presented as protecting innocent voters from the wiles of unscrupulous bankers. Consider retail banking. banking system this morning.

Banking 9

Banking Retail Competitive Advantage Report 9

Harvard Business Review

JUNE 12, 2018

Real estate developers are integrating automation systems, sensors, and mobility options into their properties. Telecom operators often provide the backbone communication networks required to run systems and applications. Companies that want to serve them directly often have to think outside the box when it comes to financing.

Real Estate 9

Real Estate Company Transportation B2C 9

Harvard Business Review

FEBRUARY 15, 2012

Fortunately, demonstrating your skills in this area doesn't demand that you singlehandedly develop a new breakthrough product or revise the company's overall business model. Senior-level decision makers aren't looking for someone at your level to make "roll the dice" bets that can have a significant negative impact on company performance.

Innovation 15

Innovation Merchandising How To Proposal 15

Harvard Business Review

DECEMBER 21, 2011

My team would have people with deep functional knowledge and skills (strategy, sales, marketing, finance, and information technology) to align surrounding processes. Consider Lowe's , America's second-largest home improvement retailer worldwide, with revenue of $49 billion and more than 1,700 stores. These are "people skills.".

Six Sigma 14

Six Sigma Skills Team Compliance 14

Harvard Business Review

SEPTEMBER 19, 2014

Informal retail and cash purchases are the norm, and that has its risks and costs. Other mobile service operators are also vying to release innovations to help customers pay for things without cash, receive money from abroad, and obtain micro loans and insurance products. First and foremost is the desire for financial inclusion.

Banking 8

Banking Retail Wireless Operations 8

Harvard Business Review

DECEMBER 28, 2017

Mugabe’s ouster and replacement with his one-time deputy, Emmerson Mnangagwa, was the most significant development in the Southern African nation since it gained independence from Britain in 1980. An influx of capital could also result in a revival in the formal retail sector (e.g.,

Banking 8

Banking First-mover Advantage Politics Finance 8

Harvard Business Review

APRIL 26, 2017

It’s been more than 25 years since Bill Gates dismissed retail banks as “dinosaurs,” but the statement may be as true today as it was then. Other sectors of retail lending have not fared much better. This amounts to putting a toe in the water, while keeping current operations relatively separate and pristine.

Banking 11

Banking Stage-Gate Credit Scoring Competitive Advantage 11

Harvard Business Review

AUGUST 2, 2017

By developing visible, high-impact apps or improving data analytic capabilities separately from core IT systems, companies can roll out new offerings where they will most strongly change perception and put pressure on digital rivals — even if their back-end systems still need years to catch up. How the best companies get up to speed.

Planning 8

Planning Agility System Retail 8

Harvard Business Review

APRIL 23, 2014

The Lean Startup is an approach to developing new products that came out of “Agile” software development, with “sprints” (quick deliverables) and fast learning. There is a lot at stake here for GE’s operations strategy. Vic Roos, Lead Purchasing Program Manager, explained, “We let a finance guy in the room.

Ries 10

Ries Waterman Finance Competitive Advantage 10

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. The results are spectacular.

Retail 9

Retail Quinn Real Estate Apparel 9

Harvard Business Review

NOVEMBER 23, 2010

Drawing on her work with business leaders, she has developed the following categorization of how people prefer to think: Conceptual : Reads signs of coming change; sees the "big picture"; recognizes new possibilities; tolerates ambiguity; integrates ideas and concepts; communicates through analogy and metaphor; inspires with visions of the future.

Process 15

Process CEO Insurance Banking 15

Harvard Business Review

APRIL 26, 2016

Compared to professions like engineering or business disciplines like Finance or Operations, the concept of a dedicated salesperson is relatively recent. Sales was traditionally seen as a form of service work, with an emphasis primarily on developing moral character. Each group has its own operating procedures.

Education 8

Education Levitt Retail Training 8

Harvard Business Review

JULY 11, 2017

They’re also likely to be paying an even higher premium for the acquisition, betting on a fast—although uncertain—development. Doing digital M&A right means upending the way most companies approach financing, due diligence, and merger integration. Let’s start with financing the deal.

Due Diligence 8

Due Diligence Company Learning Curve Finance 8

Harvard Business Review

NOVEMBER 23, 2010

He started very well, but as soon as his cash flow improved, financial burdens from family systems stifled his operations. When I founded the nonprofit African Institution of Technology , I initially focused on helping African entrepreneurs or artisans, especially those with only primary education, develop new skills and market opportunities.

Books 13

Books Guidelines Banking Telecommunications 13

Harvard Business Review

APRIL 19, 2016

It may do to physical goods what cloud computing is now doing to digital services; what the PC, internet, and smart mobility have done to personal computing; and what outsourcing did to software development and business processing — take mass distribution and innovation to the next level while realigning the very geography of work and trade.

Supply Chain 8

Supply Chain Execution Analysis Technology 8

Harvard Business Review

SEPTEMBER 13, 2012

An impatient marketing or finance manager would, on the sly, secure some extra budget money and hire a contractor to build a little database that tracked mailing addresses or top-line financials. Slowly but surely, as the little database grew bigger and bigger, the manager would wedge the cost into her operating budget.

Supply Chain 15

Supply Chain CIO Budgeting Project 15

Harvard Business Review

APRIL 11, 2017

What’s our role in the value chain: facilitator, fleet operator, driverless “driver” supplier (versus vehicle manufacturer)? Where and how do we develop a relationship with cities? How can we finance fleets through leasing and/or mobility securitization? What will our retail footprint be?

Automotive 8

Automotive Transportation Health Care Maturity 8

Harvard Business Review

APRIL 1, 2016

Right behind it are media, finance, and professional services, all of which have far more sophisticated digital capabilities than the rest of the economy. Companies in the leading sectors make more extensive use of digital payments, digital marketing, and design-led product development.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

DECEMBER 7, 2017

Among other things, there is growing demand from both retail and institutional investors to align their capital with better environmental and social outcomes, and more resources going into index fund or quasi-indexing products. In both cases, social and environmental metrics matter for the business’s financial success.

Supply Chain 8

Supply Chain Asset Management Chemicals Long-term 8

Harvard Business Review

FEBRUARY 8, 2013

Business units come and go, but finance, HR, IT, marketing, legal, and R&D are forever. For example, Walmart doesn't succeed just because of a strong operations group. Nonetheless, many CEOs and top executives struggle with their functional organizations, and some question whether the established functional model is still relevant.

Supply Chain 8

Supply Chain Real Estate Short-term Merchandising 8

Harvard Business Review

JULY 24, 2017

So four years ago, when I was CEO of GE Capital Retail Finance and tapped to lead a mega change initiative — splitting off our unit into a new, publicly traded company, Synchrony Financial — I’ll admit I viewed it as a huge challenge. The first thing we did was engage in ongoing listening sessions.

Management 10

Management IPO Diversity Long-term 10

Harvard Business Review

JANUARY 12, 2018

This would represent between 10% and 15% of total retail financial assets under management. Companies are both operators and investors. Companies in every industry can benefit from making more data and algorithm-based decisions in areas of internal operations and finance. will grow to U.S. $5 5 trillion to U.S. $7

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

NOVEMBER 24, 2015

Stakeholders ranging from your supply chains to customers that walk into retail storefronts increasingly prefer to do business with companies that pursue cost-effective sustainability. Investing in such systems today can insulate companies from rising retail prices for grid electricity, eventually saving billions of dollars per year.

Management 8

Management Payback Period Energy Supply Chain 8

Harvard Business Review

MARCH 28, 2016

By developing customer bonds with the overarching brand, companies can offset the natural customer attrition that brands and products experience when their appeal is based on a discrete period of time, like a certain life stage. Customer retention. With a master brand strategy, a company is able to build longer-lasting customer relationships.

Advertising 8

Advertising Brand Company Attrition 8