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3 Changes Retailers Need to Make to Survive

Harvard Business Review

Below, we explore each one, in turn: Empower mid-level teams. While executives excel at setting a firm’s strategy, it usually takes teams made up of people on the front line from all of the divisions affected by proposed changes to figure out how to implement them at pace. Aligning the big picture with the day-to-day.

Retail 9
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4 Models for Using AI to Make Decisions

Harvard Business Review

His group’s data science, procurement, and supply chain teams crafted algorithmic ensembles that, by all measures and simulations, would save hundreds of millions. At one American retailer, an autonomous ensemble of algorithms replaced the entire merchandising department. Yes, that’s exactly what it meant. All-In Autonomy.

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5 Questions That Will Help You Stay Ahead of Your Disruptors

Harvard Business Review

They see disrupted incumbents from retail, finance, health care, transportation, professional services, and manufacturing requiring radical restructuring of assets, productivity , and innovation. How best to draw actionable inspiration from Grove?

Levitt 8
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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. Zhou reportedly felt that the original Yahoos were overpaid and lazy, whereas the Yahoo team felt bullied and believed Zhou wasn’t focused on the Yahoo operations.

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What Happened When Linkin Park Asked Harvard for Help with Its Business Model

Harvard Business Review

Technology has forced music artists to completely rethink the way they approach their businesses. They’re extending their brand into areas like technology, gaming, fashion, and lifestyle content — essentially becoming entertainment platforms. We’ve all had to adapt. Beyond Music.

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Many CEOs Aren’t Breakthrough Innovators (and That’s OK)

Harvard Business Review

We’ve found that CEOs of big pharmaceutical companies, for example, are more likely to have a background as company lawyers, salespeople, or finance managers, than one in medicine or pharmaceutical R&D. For example, Qualcomm’s CDMA mobile technology was a breakthrough that led to its IPO in 1991. tax jurisdiction.

CEO 8
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Curiosity-Driven Data Science

Harvard Business Review

We have algorithms for recommender systems, merchandise buying, inventory management, relationship management, logistics, operations — we even have algorithms for designing clothes! Don’t bury it under another department like marketing, product, finance, etc. Instead, make it its own department, reporting to the CEO.