Ron Edmondson

APRIL 3, 2014

Most of my time was spent in an office or on the road somewhere, but when I had time I loved to hang out in the factory, especially when delivery trucks dropped off merchandise. It was through watching that process a leadership principle came to me. Delivery Truck Principle of Leadership. A Leadership Principle.

Leadership 56

Leadership Merchandising Cost Blog 56

Great Leadership By Dan

JANUARY 20, 2012

& Doug Lennick: If you’re in a leadership position, you make hundreds of decisions each day – and most of those have the potential to impact the well-being of others. Incidentally, Costco employees sell twice as much merchandise per square foot of retail space as their nearest competitor – Sam’s Club! Guest post by Fred Kiel, Ph.D.

Morale 232

Morale CEO Merchandising Long-term 232

You're Not the Boss of Me

JANUARY 19, 2013

From this perspective, I think it safe to say that the work of leadership includes breaking rules. As they often say in retail stores about handling merchandise, “ If you break it you own it”. They stifle creativity and innovation. And they create roadblocks to the implementation of needed change.

Leadership 76

Leadership Maturity Merchandising Retail 76

The Practical Leader

FEBRUARY 2, 2021

At that moment, he energized them with leadership. Later in a discussion about management skill gaps, he expressed frustration that store managers weren’t “entrepreneurial enough” to keep extra merchandise shipped in error by external suppliers. ” Honesty and integrity are central to authentic leadership.

Merchandising 53

Merchandising Politics Letter Retail 53

Modern Servant Leader

MAY 29, 2012

Shortly before midnight, we strolled the aisles, browsed the merchandise and chatted about possible gifts for the family. They trust us and want us to feel welcome. So last night, on our way back from a night out in Traverse City, we went to the tasting bar and gift shop.

Merchandising 184

Merchandising System Examples Leadership 184

Skip Prichard

AUGUST 16, 2021

And availability of merchandise is what allows a company to make a sale – or not. I describe System Leadership as the the ability to lead on both digital and physical areas. The post Why the Best Strategies Blend the Digital and Physical first appeared on Skip Prichard | Leadership Insights. Photo credit: Akshay Nanavati.

Strategy 140

Strategy Venture Capitalist Innovation Company 140

Chart Your Course

DECEMBER 20, 2013

Steer clear of junky merchandise like cheap watches or company T-shirts, and opt instead for gift cards to the local grocery chain, paycheck bonuses or even a free turkey or ham. The holidays are not a time for pinching pennies. When your associates do a stellar job, take advantage of once-a-year celebrations to reward them accordingly.

Morale 157

Morale Tips Absenteeism Merchandising 157

Lead Change Blog

JUNE 7, 2016

Set up a consistent rewards program for your people to earn free items of choice, such as travel, merchandise, and charitable donations. Incentives of Choice. Allowing your people to work for something greater than money. Using the carrot and stick method only provides a short term lift in performance.

Merchandising 150

Merchandising Motivation Hotels Short-term 150

In the CEO Afterlife

NOVEMBER 13, 2011

Leadership. Beneath the pier and within reach of your coins from above are 5 picnic blankets spread six-feet apart, each with novel merchandising themes to entice charitable currency. My pattern is posting every Monday, on leadership, strategy, marketing and life. Leadership. In the CEO Afterlife. Main menu Home.

Brand 245

Brand Merchandising Entrepreneur Audience 245

Chart Your Course

MARCH 6, 2015

Steer clear of junky merchandise like cheap watches or company T-shirts, and opt instead for gift cards to the local grocery chain, paycheck bonuses or even a free turkey or ham. The post 5 Tips for Raising Morale at the Office appeared first on Leadership Keynote Speaker and Employee Motivation | DISC.

Morale 100

Morale Tips Absenteeism Merchandising 100

In the CEO Afterlife

APRIL 5, 2016

Bean , the idea of selling really good merchandise at a reasonable profit and treating customers like human beings is worth the effort. But, that’s not to say you can’t be inspired by a company vision that thrills customers the way Zappos does. Matters of Values. For the nearly 5,000 employees who work at L.L.

Teamwork 100

Teamwork Real Estate Mission Statement Merchandising 100

CEO Insider

FEBRUARY 9, 2024

We are experiencing a CEO leadership crisis—with limited information as to why. US CEO exits were at historic rates in 2023. 1914 CEOs departed, a 55% increase compared to 2022. “No

CEO 110

CEO Magazine Crisis Report 110

Rich Gee Group

JANUARY 4, 2011

I wanted my money back – I had the receipt, I had the merchandise in perfect condition, and virtually everything in the store was on sale at that time. To make matters worse, my wife and I went through the store looking for a suitable replacement, but it was virtually empty due to the holidays. Bad Customer! You must play by our rules!

Licensing 333

Licensing Price Merchandising Ethics 333

Ron Edmondson

JUNE 30, 2011

Most of my time was spent in an office or on the road somewhere, but when I had time I loved to hang out in the factory, especially when delivery trucks dropped off merchandise. That’s what I call the Delivery Truck Principle of Leadership. It serves as a small example of a tension, which exists in all leadership decisions.

Leadership 47

Leadership Merchandising Cost Blog 47

Strategy Driven

APRIL 24, 2019

Disney and UFC fans watch the shows, read the fan magazines, and buy related merchandise because of their attachment to the stories that each company promotes. Both are experts at market synergy and cross-promote to their markets better than just about anyone.

Industry 59

Industry Sports Merchandising How To 59

Ron Edmondson

DECEMBER 10, 2019

When I was in retail management I knew that the way the store looked, the merchandise was presented, and our associates treated shoppers were all vitally important parts of motivating someone to buy an item. This was simply because the churches that Leadership Network primarily served at the time were larger churches. Our experience.

Class 75

Class Follow-up Short-term Bottom-up 75

Strategy Driven

MAY 23, 2016

Companies spend millions, sometimes billions of dollars in advertising, branding, merchandising, strategizing, and every other element of marketing that they believe will bring business success. Realizing that you’re are on display, and that your present actions will dictate your future success. Every today is a window to your every tomorrow.

Company 51

Company Advertising Merchandising Retail 51

Tanveer Naseer

APRIL 25, 2011

As Tanveer writes about leadership and managing employees, I thought I’d share some of the questions I often get asked by business leaders about managing customer expectations, developing their employees and how to involve your team in the process of selling your business when the time comes to put it on the selling block.

Engineering 182

Engineering Reference Incentives Merchandising 182

Tanveer Naseer

APRIL 25, 2011

As Tanveer writes about leadership and managing employees, I thought I’d share some of the questions I often get asked by business leaders about managing customer expectations, developing their employees and how to involve your team in the process of selling your business when the time comes to put it on the selling block.

Engineering 182

Engineering Reference Incentives Merchandising 182

Ron Edmondson

JUNE 15, 2011

I was interested in learning from Mark’s leadership. Also, get out of the office and get into stores and online to understand the focus of merchandising and promotions. How is your leadership style different than Michael’s? I have learned the key is to find and hire the very best leadership you can find.

CEO 53

CEO Chief Executive Officer Learning-by-Doing Delegation 53

Harvard Business Review

APRIL 9, 2013

Just as important, Johnson was trying to significantly change the retailer''s merchandise offerings and hence, its customer base. As a result, old customers weren''t coming in (no coupons, changing merchandise) nor were new ones (not enough critical merchandise mass to attract target new customers). Penney''s ultimate fate.

Merchandising 8

Merchandising Discount Retail Price 8

You're Not the Boss of Me

OCTOBER 31, 2010

You’re Not the Boss of Me Skip to content Home About Me About This Blog ← The Language of Leadership in the 21st Century. From this perspective, I think it safe to say that the work of leadership includes breaking rules. As they often say in retail stores about handling merchandise, “ If you break it you own it”.

Maturity 50

Maturity Blog Merchandising McCarthy 50

Roundtable Talk

JULY 30, 2010

Leadership and Sustainability: voice your opinion → Fast Friday with Tony Hsieh, CEO of Zappos.com (and P. Under this direction, Zappos.com has grown from nothing to over $1 billion in grow merchandise. And, really, isn’t inspiring others one of the greatest opportunities that the choice of leadership presents?

Golden Handcuff 38

Golden Handcuff CEO Career Merchandising 38

Harvard Business Review

JULY 17, 2015

The owners of Service Merchandise and Woolworth’s have both benefitted from this line of thinking. Service Merchandise had risen to prominence during an era when catalog showrooms played an important role in making housewares, electronics, and other goods accessible to mainstream America.

Brand 8

Brand Merchandising Retail Real Estate 8

Strategy Driven

JULY 13, 2011

Pharmaceutical companies have long needed deep scientific-innovation leadership capabilities but relatively few general managers. Retailers historically need trained stored managers, a few great merchandisers, and, in most cases, store staff with a customer service orientation.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Frank Sonnenberg Online

AUGUST 22, 2023

Show off expensive merchandise? Check out Franks NEW book, Leadership by Example: Be a role model who inspires greatness on others Do You Know Other Danger Signs? Believe that rules don’t apply to you? Dominate conversations? Make fun of people who are less fortunate? Always have to be right ? Go straight to the front of the line?

Merchandising 83

Merchandising PR Learning-by-Doing Advice 83

Harvard Business Review

OCTOBER 6, 2014

Private label (retail-branded merchandise) has been growing for years – since Sainsbury and Marks & Spencer invented it over 100 years ago – increasing in quality and forcing down brand premiums. German consumers, in contrast, get convenience and quality merchandise at lower prices so they can afford the Porsche!

Retail 11

Retail Merchandising Discount Price 11

Harvard Business Review

APRIL 11, 2013

Under Johnson''s leadership, Penney''s share price plunged by half and the company lost $4 billion in sales. Pundits have ascribed Johnson''s debacle to hubris, incoherent pricing, drive-by leadership, overpromising, reckless haste, inept deal-making (ask Terry Lundgren ), and failing to listen to customers. It''s true.

Merchandising 8

Merchandising Retail Gordon Price 8

Harvard Business Review

MAY 24, 2012

You can imagine the closed-door debates between a cavalier merchandiser and a wary data analyst played out at a retailer: "I know it's a big inventory order, Charlie, but don't worry. It takes leadership to establish decision management and closed-loop measurement practices. We can cover it.". Go ahead and do your analysis.

Merchandising 11

Merchandising Risk Management Supply Chain Retail 11

Harvard Business Review

MARCH 1, 2017

In the 1990s and 2000s, leadership’s focus on efficiency produced solid results. Leadership must recognize: Most employees want to be productive, but the organization too often gets in their way. They invest in improving the inspirational leadership capabilities of their managers at every level.

Efficiency 8

Efficiency Productivity Products Company 8

Harvard Business Review

FEBRUARY 15, 2012

Each customer team included sales and sales support as well as staff aligned to the group's product development units, in-store merchandising, finance, and logistics departments. However, senior-level decision makers want to make sure that you have the leadership "gear" to introduce change when circumstances call for it.

Innovation 16

Innovation Merchandising How To Proposal 16

Frank Sonnenberg Online

APRIL 25, 2023

The next time you’re selling a product, remember that customers expect more than merchandise; they want to buy from a person they can count on and an organization they can trust. That doesn’t happen by short-changing the customer. Everything you say and do will strengthen or weaken the bond of trust. Character matters! What Turns You Off?

Merchandising 125

Merchandising Short-term Long-term Bond 125

Harvard Business Review

JANUARY 20, 2015

such as smaller stores in urban places, mobile and online, and its cheap chic merchandising focus—to “be cool again,” as Cornell told Target employees in the fall. Their success is based on a competitive advantage achieved principally either through differentiation of merchandise or customer experience (Apple, J.

Retail 8

Retail Merchandising Discount Price 8

Harvard Business Review

OCTOBER 18, 2018

Barker had licensing deals with sports leagues to make merchandise with their logos and partnered with large brands to produce it for retail markets, and when Lance took the company over, its revenues were about £100 million. “I did talk to that leadership development firm last year,” he said. ” This Mess.

Case Study 13

Case Study Team CFO Merchandising 13

Harvard Business Review

JULY 3, 2014

The board’s challenge is to decide what deficits it can live with (usually because they can be compensated for by the rest of the leadership team), and which two or three criteria are non-negotiable must-haves. Among the others was merchandising experience, which the heir apparent, like his mentor, had in spades.

CEO 15

CEO Six Sigma How To Apparel 15

Harvard Business Review

MARCH 29, 2013

Coca-Cola's measurement system also identified continuous improvement opportunities, such as revising the training program to put more emphasis on soft skills, including leadership and presence, instead of only technical merchandising skills. Track Progress.

System 8

System Merchandising Retail Class 8

Harvard Business Review

JULY 31, 2017

Retailers combine data on demographics and weather to predict sales and develop merchandising plans. These intangible factors like culture, leadership, and motivation do not yield easily to empirical analysis. There are also heated academic debates over how to measure leadership effectiveness, motivation, and culture.

Marketing 8

Marketing Root Cause Analysis Management Supply Chain 8