Harvard Business Review

MAY 3, 2018

These gold coasts are home to nine of the top 10, and 18 of the top 20, internet companies, as measured by market capitalization. A Concentration of Wealth, Value, and Power. Alibaba, the Chinese e-commerce leader, manages the world’s largest money market fund, and now plays an important role in financial and payment services.

Company 8

Company Venture Capitalist GDP Retail 8

Harvard Business Review

NOVEMBER 27, 2018

Data science can enable wholly new and innovative capabilities that can completely differentiate a company. But those innovative capabilities aren’t so much designed or envisioned as they are discovered and revealed through curiosity-driven tinkering by the data scientists. ” a marketer might ask.

Learning-by-Doing 9

Learning-by-Doing Engineering Metrics Cost 9

Harvard Business Review

OCTOBER 17, 2018

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). GDP growth a year across the period. The average effect on GDP depends on multiple factors.

GDP 10

GDP McKinsey Long-term Technology 10

Harvard Business Review

JANUARY 29, 2014

Knowledge is power. But what kind of power does all that knowledge buy? Greater knowledge of customers creates new potential and power to discriminate. But how should sophisticated marketers and merchandisers use them? Customers Innovation Technology' Big Data creates Big Dilemmas.

Merchandising 11

Merchandising Media Price Cost 11

Harvard Business Review

APRIL 11, 2013

At a time when marketers are ravenous for customer intelligence, Johnson seemed to be indifferent. Harry Gordon Selfridge, who founded the eponymous London-based retailer, did the unthinkable when he opened his first store in 1909, taking merchandise out from behind the counters so that customers could actually touch it. Hubris, right?

Merchandising 8

Merchandising Retail Gordon Price 8

Harvard Business Review

MARCH 12, 2013

Democracy will disappear as power shifts to developing countries with authoritarian regimes where no one cares about voice and participation. They assume that people are helpless victims of powerful forces beyond their control. For example, take these recent dire predictions: Machines will steal all the jobs. Youth violence will grow.

Health Care 15

Health Care Merchandising Incubator Airlines 15

Harvard Business Review

JANUARY 19, 2018

A sound economy, a booming stock market, and huge business tax cuts, the story goes, have convinced CEOs of companies flush with cash to distribute some of it to front-line employees. Just as noteworthy, John Lewis operates as a full-fledged democracy that distributes power up and down the ranks. to $15 per hour.

Definition 8

Definition Company Succession Airlines 8

Harvard Business Review

OCTOBER 1, 2014

Now, to hype something means to push it heavily through marketing,media and merchandising. The best innovators know what visual artists and neuroscientists know: there is nothing more powerful than the ability of the human mind to create meaning from missing information. Customers Innovation Marketing'

Merchandising 8

Merchandising Price Discount Tips 8

Harvard Business Review

JULY 21, 2017

To embrace this market shift, retailers will need to experiment with a range of technologies and strategies across marketing, supply chain, and merchandising. IKEA just launched an AR-powered app that lets consumers visualize virtual furniture placed in their homes.

Retail 8

Retail Supply Chain Merchandising Brand 8

Harvard Business Review

NOVEMBER 19, 2018

They’re more productive , more profitable , more innovative , and they pay better. “How long does it take for her to interact with a market that isn’t nearly monopolized?” Walmart went from a 3% share of the general merchandise retail market in 1982 to over 50% today. Andrew Brookes/Getty Images.

Software 8

Software Company Competitive Advantage Henderson 8

Harvard Business Review

AUGUST 11, 2015

Mauro Porcini is PepsiCo’s Chief Design Officer—the first to hold the position—where he oversees design-led innovation across all the company’s brands under CEO Indra Nooyi. That’s where our work is really about innovation. I strongly believe that design and innovation are exactly the same thing.

Organization 8

Organization Brand Six Sigma Innovation 8

Harvard Business Review

JUNE 17, 2011

This is time, effort and money merely focused on splitting the pie versus growing the pie by innovating the product for the benefit of all, especially the fans. Most consumers actually want new benefits and innovation and are willing to pay for them. The path to pie-growing strategies centers on better innovation.

Retail 14

Retail Innovation Price Merchandising 14

Harvard Business Review

MARCH 17, 2011

For a powerful example of how this understanding can shape strategy, consider the electric razor industry. For years Braun tried to steal share from Norelco, the market leader, but this proved a tough sell: Norelco's customers were shopping for convenience, which wasn't what Braun was offering.

Management 15

Management Retail Brand Merchandising 15

Harvard Business Review

OCTOBER 17, 2013

In other words, the focus understandably centers on measurably improving the perceived core competence—selling better, manufacturing better, marketing better, hiring even better talent, cutting costs better. FedEx’s competencies in digital and transportational networks are its innovation platforms.

Core Competence 8

Core Competence Prahalad Supply Chain Hamel 8

Harvard Business Review

DECEMBER 18, 2017

In the age before the digital revolution, marketers used to tell customers about a product and then work through a traditional step-by-step purchase funnel. With over 500 million dedicated fans, it also happens to be one of the most innovative franchises when it comes to fan engagement. ” Read More from Microsoft.

Sports 8

Sports Brand Content Industry 8

Harvard Business Review

JANUARY 27, 2012

Powered by local, mobile, and social media, online retail is becoming something that no long-time, card-carrying NRF member might reasonably have anticipated. Like Bag Borrow or Steal (another rental player), RTR enables time-sharing of merchandise. Consider a few emerging models: Private Sales: "Old Europe" can still surprise us.

Retail 15

Retail Fashion Merchandising Apparel 15

Harvard Business Review

JANUARY 27, 2017

The most painful board conversations that I hear about machine learning revolve around how much power and authority super-smart software should have. Even better, they would respond 10 times faster to market moves than existing processes while requiring minimal human intervention. That’s hard. That was the challenge.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

NOVEMBER 14, 2012

The company is doing pretty well: it has over 800,000 active sellers and a 15 million-person marketplace across 150 countries, and last year its gross merchandise sales reached $525 million. It's already spurred employee initiative, innovation and intrepreneurship — all in the name of making Etsy better.

Merchandising 8

Merchandising Brainstorming Commitment Proposal 8

Harvard Business Review

OCTOBER 24, 2017

These have forced AirBnB, Tesla, and Uber to make costly concessions to their operating practices or to exit certain markets altogether. Organized demonstrations of support by stakeholder groups can send a powerful signal to policymakers. How can new firms overcome the regulations that protect incumbents? Consumer clubs.

Licensing 9

Licensing Proposal Retail Long-term 9

Harvard Business Review

MARCH 12, 2013

Democracy will disappear as power shifts to developing countries with authoritarian regimes where no one cares about voice and participation. They assume that people are helpless victims of powerful forces beyond their control. For example, take these recent dire predictions: Machines will steal all the jobs. Youth violence will grow.

Health Care 8

Health Care Merchandising Incubator Airlines 8

Harvard Business Review

JUNE 26, 2017

Each of these companies has aligned and integrated its culture and brand to create a powerful engine of competitive advantage and growth. As the industry moved toward an emphasis on customer service and merchandising, the company fell behind, because its employees were focused more on increasing inventory turns and sales per square foot.

Brand 8

Brand Company Operations Merchandising 8

Harvard Business Review

JANUARY 30, 2012

A&P remained so powerful for so long for one reason only: because the two brothers who controlled it, George L. They then filled their stores with private-label A&P products, creating the most powerful franchise in food retailing. In 1946, the U.S. and John A. Its real estate, not its business, will draw suitors.

P&L 14

P&L Retail Real Estate Discount 14

Harvard Business Review

MARCH 12, 2014

A growing number of firms in the emerging field of location analytics are making it possible to bring the power of web analytics into the physical world. Marketing. As a result, most companies are flying blind when it comes to understanding their customers in the analog world. This is changing fast, however.

Retail 8

Retail Customer Intimacy Apparel Wireless 8

Harvard Business Review

MARCH 14, 2013

To understand the power of shared purpose, it's useful to look at the mission statements of leading companies. Nike : To bring inspiration and innovation to every athlete* in the world. *"If Dunkin Donuts :> Make and serve the freshest, most delicious coffee and donuts quickly and courteously in modern, well-merchandised stores.

Mission Statement 9

Mission Statement Sports Merchandising Brand 9