Strategy Driven

JULY 13, 2011

Operating-cost productivity metrics might include the component costs for building an automobile or delivering a package, the rates of rework, and so forth. The final category is organizational health , which measures whether the company has the people, skills, and culture to sustain and improve its performance.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Harvard Business Review

FEBRUARY 15, 2012

Among other skills, he wanted to find executives who had the wisdom to know when the organization needed to be fundamentally changed and shaken up — and when the organization needed time to incorporate prior changes. A few years ago, Brad Anderson , then CEO of Best Buy, told me something both provocative and profound.

Innovation 15

Innovation Merchandising How To Proposal 15

Harvard Business Review

MARCH 29, 2013

In 2008, Coca-Cola, after six months of studying the needs of Brazil's growing lower-middle-class population, identified a core social issue — skills development among low-income young people — as a strategic focus that could improve the company's profitability. Make the Business Case. Track Progress.

System 8

System Merchandising Retail Class 8

Harvard Business Review

APRIL 1, 2014

At the other end of the spectrum, at a consumer packaged goods company, part-time merchandisers perform activities such as stocking shelves, setting up displays, and conducting inventories in retail stores. The merchandising force operates with an unusually high span of control of 50 merchandisers per manager.

Span of Control 8

Span of Control Company Merchandising Management 8

Harvard Business Review

SEPTEMBER 3, 2015

Executives have a choice in how they run their operations. Or they can run them in a way that leverages a skilled, capable, motivated workforce. In my research, I’ve found that retailers using an employee-centered operations strategy, which I call the good jobs strategy , have two strategic advantages.

Retail 8

Retail Operations Depreciation Merchandising 8

Harvard Business Review

JULY 31, 2017

Retailers combine data on demographics and weather to predict sales and develop merchandising plans. When change management does work, it is due to the work of skilled, experienced professionals who know how to weave together a set of practices to help a business reach its change goals.

Marketing 8

Marketing Root Cause Analysis Management Supply Chain 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. The team wasn’t perfect, but it was still operating at a pretty high level. ” This Mess.

Case Study 13

Case Study Team CFO Merchandising 13

Harvard Business Review

AUGUST 6, 2014

By mid-2004, however, the operation was mired in conflict over control and differences in management style. 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. Those issues slowed us down on the product side as well.

Chief Financial Officer 10

Chief Financial Officer Operations Learning-by-Doing IPO 10

Strategy Driven

DECEMBER 19, 2016

Packaging design is a skilled trade. This is a great benefit for budget operations, as it allows you to create something that looks good from very little. Your physical presence in-store extends to merchandise as well. Next, you need to think about the paperwork and packaging your customers see.

Power 50

Power Brand Budgeting Merchandising 50

Harvard Business Review

MARCH 9, 2016

His prize, Victoria’s Secret, will generate $8 billion in revenue this year and operates in a dozen countries. They operated on shoestrings. He is blessed with natural consumer marketing skills, and he can create specialty stores that target narrow segments, fulfill unmet needs, and reach out to adjacent consumer segments.

Brand 8

Brand Merchandising Chief Financial Officer Retail 8

Harvard Business Review

NOVEMBER 27, 2018

We have algorithms for recommender systems, merchandise buying, inventory management, relationship management, logistics, operations — we even have algorithms for designing clothes! The data scientists will need to have the skills to provision their own processors and conduct their own exploration.

Learning-by-Doing 10

Learning-by-Doing Engineering Metrics Cost 10

Strategy Driven

JUNE 22, 2012

My analysis: You achieve your own future, with the help of skilled advisors. Many managers have poor people skills, as well as poor verbal-written communications skills. ’ What they’re really selling: Retail merchandise. Self-promotional brochures. Direct mailings to niche audiences. In One Easy Lesson.

Brand 50

Brand Analysis Advertising Software 50

Harvard Business Review

JUNE 26, 2017

If your culture and your brand are driven by the same purpose and values and if you weave them together into a single guiding force for your company, you will win the competitive battle for customers and employees, future-proof your business from failures and downturns, and produce an organization that operates with integrity and authenticity.

Brand 8

Brand Company Operations Merchandising 8

Harvard Business Review

FEBRUARY 8, 2013

For example, Walmart doesn't succeed just because of a strong operations group. A growing number of innovation groups bring together disparate functional skills (typically R&D, marketing, IT, and customer insight) to launch new products or services, and then keep the teams together afterwards. Frito-Lay Inc.,

Supply Chain 8

Supply Chain Real Estate Short-term Merchandising 8

Harvard Business Review

MAY 3, 2018

In many cases, as with Skype, the size of the European operation shrank after the acquisition. Friction-reducing measures include infrastructure, such as access and internet speeds; skilled labor; online payment systems; data security; and government policy. digital giants in these countries.

Company 8

Company Venture Capitalist GDP Retail 8

Harvard Business Review

NOVEMBER 19, 2018

Walmart went from a 3% share of the general merchandise retail market in 1982 to over 50% today. Walmart is the country’s largest employer and largest company by revenue and it reached that position through an operating model made possible by proprietary logistics software. IT Does Matter.

Software 8

Software Company Competitive Advantage Henderson 8