Project Management 101: The Stages of Project Management

Women on Business

I remember when I picked up my first project management book. I was working as a low-level retail manager and thought it would be helpful. However, I was determined to not only find the resources to help me plan and execute a project, but also, decode what was written in the book. What Is a Project? James Fallow defines a project as “anything you’re committed to finish in a year that requires more than one action to complete,” which is a good start.

Team Building & Leadership Process for a Retail Operation; New.

Mike Cardus

Design by 12GrainStudio Team Building & Leadership Process for a Retail Operation; New Product Launch Saturday, November 27th, 2010 Posted by: mike Team Building & Leadership process that was created for a retail organization that was preparing for a new product launch.

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How to Identify Your Project Stakeholders Interest

Mike Cardus

Design by 12GrainStudio How to Identify Project Stakeholders Interest Wednesday, November 10th, 2010 Posted by: mike Attempting to institute new projects and processes within an existing culture can prove to be Sisyphean.

If You Can Click-and-Drag, You Can Win More Projects

David A Fields

The extraordinary, new product he adopted didn’t do much to hide his shiny pate, but it did invigorate sales at his retail store. relationships starting projects value proposition

Executive Vision – Navigating the New Leadership Landscape: Retail

Strategy Driven

StrategyDriven effective executives, efficient employees Home About The StrategyDriven Organization Our Company Our Contributors Karen K. Juliano Howard T. Dickens Jr. Lucas D. Ives Sharon Drew Morgen Hank Moore Jamie P.

Become an Indispensable Change Agent

Change Starts Here

A well-known retailer recently laid off its entire change management team. Like many retailers in the shadow of Amazon, the company had been going through a period of decline.

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Virtual and Augmented Reality Will Reshape Retail

Harvard Business Review

Virtual reality (VR), along with its sister technology augmented reality (AR), offers retailers the opportunity to transform how people shop. The successful incorporation of VR and AR into retail models also has the potential to vastly change the way retailers are thinking about stores of the future. Retailers looking to develop a virtual commerce strategy should consider breaking it down along the following dimensions. Your camping trip is coming up.

Open India: Considerations for Retailers

Harvard Business Review

The reforms include changes to retail, airlines, broadcast and power sectors. The changes in retail are significant; Wal-Mart, IKEA, and Tesco can now compete against indigenous retailers in India. Fifty-one percent Foreign Direct Investment (FDI) is permitted in Multi Brand Retail (MBR). For example, retail sales outlets may be set up only in cities with a population of more than 1 million.The terms set a minimum investment threshold at 100 million USD.

3 Changes Retailers Need to Make to Survive

Harvard Business Review

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. Making matters more challenging, these shifts are happening across practically every retail category – books, entertainment, housewares, clothing, food, financial services, and even energy. Danita Delimont/Getty Images.

Breaking Up the Retail-Price Confusopoly

Harvard Business Review

Smaller retailers got into the act too, promoting something called "Small Business Saturday," promoted on the groups Facebook page as, "Its one day to support the small businesses that are getting our economy going again." This is what retailers might do in response to Amazon.

How Data Visualization Answered One of Retail’s Most Vexing Questions

Harvard Business Review

In e-commerce, advances in tracking and analytics have made it possible for retailers to understand what individual customers are doing before they make a purchase, and to gather and analyze hundreds and thousands of data points to identify trends. Decision making Retail Technology

The Stage Where Most Innovation Projects Fail

Harvard Business Review

The problems arise when projects need to be transferred to the business units for a large-scale launch. Does the business unit feel like the project is something they had a hand in shaping — or is it like a perishable package left on a doorstep? Is anyone responsible for ensuring these projects don’t fall through the cracks, or drop to the bottom of the sales force’s priority list?

Case Study: Can Retailers Win Back Shoppers Who Browse then Buy Online?

Harvard Business Review

Bertice wasn’t dressed like the sales staff, and the couple had no way of knowing that she was the daughter of Benjy’s founder or that she’d been recently appointed to chair the board of the $40 billion electronics and appliance retailer. Kenneth Andersson.

5 Steps To Designing A Product

Strategy Driven

Before you start pitching to manufacturers, investors and retailers, you’ll need a final working prototype. Project ManagementPhoto courtesy of Free Great Picture. So, you have an idea for a product?

Hiring for Cultural Fit

Leading Blog

Tony Hseih, CEO of the online shoe retailer Zappos, once famously said that he didn’t know anything about shoes, but knew a lot about creating workplace culture. O RGANIZATIONS OFTEN TALK about hiring for cultural fit, yet very few of them know how to do it well.

Why Your IT Project Needs a Cognitive Scientist

Harvard Business Review

Our research, which has involved studying more than 50 international organizations in a variety of industries, has identified an alternative approach to big data and analytics projects that allows companies to continually exploit data in new ways. This means that project teams need members well versed in the cognitive and behavioral sciences. For tasks such as processing financial trades or retail transactions, these are ideal skills.

Are You a Culture Change Skeptic?

Great Leadership By Dan

Sales and profits outperformed the entire retail sector over a two-year span. ? Foodstuffs Auckland (New Zealand) found ROI on their culture project exceeded $600,000 within the first year. Guest post from S. Chris Edmonds: Are you a culture change skeptic?

The Number 1 Tip to Ensure Returns on Your Firm’s Digital Strategy

N2Growth Blog

It is those project initiatives that serve as the roadmap to success. It is indicative of the ways in which digital technology requirements can be buried within the details of a strategic plan: Claims Adjudication Process Redesign Project: A major P&C insurer wanted to modernize its claim handling functions. To succeed in today’s rough and tumble business world you need a solid vision for how you can “digitalize” your business.

Minimalism: Doing More, with Less

In the CEO Afterlife

One woman spoke about Project 333, a goal to live three months with only 33 articles of clothing and accessories to her name. Videos of Black Friday frenzies and physical violence for retail goods open the audience’s eyes to our society’s obsession with material things.

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The Most Overused Word in Business

In the CEO Afterlife

Big retailers are dead without a firm understanding of daily, weekly and monthly tactics. If the retailer’s unique position in the market is lowest prices for brand name items, then all pricing tactics must support that image.

Five Steps to Resource Optimization: Any process can be improved.

Strategy Driven

StrategyDriven effective executives, efficient employees Home About The StrategyDriven Organization Our Company Our Contributors Karen K. Juliano Howard T. Dickens Jr. Lucas D. Ives Sharon Drew Morgen Hank Moore Jamie P.

What Happens if You Try Taking Risk & Dealing With Uncertainty?

Mills Scofield

Yuna Hur & Elaine Cheung - Versions of a Retail Pop-Up, Spring 2018. The class was called Iterative Design of Retail Value Propositions and Experiences - a blend of design and engineering. I’m honored to host a blog by one of my amazing mentees, Yuna Hur ‘18.

Uniqueness And Company Culture – A Renewable Cycle

Tanveer Naseer

Both of those actions put companies in control—they command how they are perceived by employees, who then internalize and project this image. By allowing your company culture to project it. The following is a guest piece by Chris Dyer.

Air Conditioner Shortage.and Time to Think.

CEO Blog

In a cool year, we end up taking them back from retailers and incurring huge freight and storage charges. Take on a new project - figure out what you need to unplug. I am keenly aware of the weather. I garden (not as much as I should though - my garden at the office got away from me).

How We Prioritize at Sticker Mule

Strategy Driven

They picked the right projects and grew at an extraordinary pace. Other retailers had different priorities and either failed or are much smaller. We don’t know the highest impact projects we could pursue right now. Organizations are the sum of their decisions.

Time Is Money: Top Tech Tools to Increase Company Productivity

Chart Your Course

Project Management. Project management apps can work in conjunction with calendar and communications tools to streamline tasks and save time. This category of apps makes it easier to schedule projects, assign tasks, communicate instructions, and track progress.

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What Connects Coca-Cola, Lego, In-N-Out, Intuit, and Nike? Focus.

In the CEO Afterlife

This can mean expanding product lines, entering new markets and geographies, line extending brands, acquiring new businesses, creating projects, and adding layers of management to manage the self-created complexity. Complexity has many definitions; excessive complication is the simplest.

The Keys To Managing Millennials, Part 2: The Progress Bar Effect

Terry Starbucker

Millennials can lack the perspective and discipline to commit to a lengthy task – they may begin it and then inexplicably start a new task, and then another and another, never completing a project but constantly starting new ones. Front Line Leadership . Guest Post By Adam Tenenbaum.

The Strategy Confusion

LDRLB

Big retailers are dead without a firm understanding of daily, weekly and monthly tactics. If the retailer’s unique position in the market is lowest prices for brand name items, then all pricing tactics must support that image.

The 2 Leadership Traits That Will Set You Apart (and Sustain You For The Long Haul)

Terry Starbucker

After all, I had earned it, having just finished a 28 year run as a CPA, cable company VP of Operations, football stadium project manager, VP of Development for another cable company, and finally, a cable company SVP of Operations.

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To Compete with Amazon, Big-Name Consumer Brands Have to Become More Like It

Harvard Business Review

Over the last decade, e-commerce has imposed a painful profit squeeze on big-box retailers, resulting in layoffs, store closings, mall reconfigurations, and even bankruptcies. With no reprieve in sight for retailers, the online world is poised to do the same to brand-name consumer products companies. Census Bureau recently reported that 80% of retail sales still happen in the offline realm. Marketing Data Retail & Consumer Goods Digital ArticleKulka/Getty Images.

How Target Is Taking Sustainable Products Mainstream

Harvard Business Review

In total, these brands are projected to reach revenues of $1 billion at Target alone this year. For years, the retail giant has also applied imposing pressure on suppliers to reduce and improve packaging, cut carbon, and much more.

Pay-What-You-Want Experiments, from Stephen King to Kickstarter

Harvard Business Review

Kickstarter is a platform that allows people with projects that need funding to get it from crowds. In that Kickstarter project, Dan Provost and Tom Gerhardt had an idea for an iPad stylus based on a white-board marker. They did, and the project was funded.

Don't Trust Your Gut With Assortment Planning

Harvard Business Review

This blog post is part of the HBR Online Forum The Future of Retail. Retailers periodically update their product assortments, deleting slow sellers and adding new products in response to shifts in consumer demand or to accommodate new offerings from suppliers. Moreover, techniques that we have developed with several retailers over the last few years show that analytics are providing retailers a tremendous opportunity to improve revenues and profits. Operations Retail

What Oregon Entrepreneurs Can Teach All Of Us About Leadership

Terry Starbucker

That’s why I only take projects I’m interested in. Since I moved to Portland in 2010 I’ve become fascinated with a particular kind of business person – Oregon entrepreneurs.

How Leaders Can Make Their Message More Memorable

Tanveer Naseer

I hear a similar exchange at retail stores, where you tell sales reps your shoe size and a few seconds later, they return to ask again. For your next content development project, consider this: it is not sufficient to be memorable to stay viable in business.

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How Coty Reinvigorated Its Supply Chain

Harvard Business Review

But it also may contribute to the fact that 70% of special projects and strategy initiatives fail. Change management Supply chain Retail & Consumer Goods Digital Article

An Inside View of How LVMH Makes Luxury More Sustainable

Harvard Business Review

The companies that are most vocal about environmental and social issues tend to be big, mass-market brands — well-known retailers , consumer products giants , and tech firms that are telling a new story to consumers who increasingly care about sustainability. Belvedere Vodka, a brand with sales in 120 countries, has pursued many large-scale projects to reduce its CO2 footprint. ” Sustainability Retail & Consumer Goods Digital Article

Two Ways to Break into India’s Consumer Market

Harvard Business Review

India has over 10 million mom-and-pop retail outlets and they do an amazing job of servicing urban and rural neighborhoods with their most common daily needs. Amazon CEO Jeff Bezos has made India a top priority for growth; he projects that the country will be its second largest market globally by 2025. International business Retail & Consumer Goods South Asia Digital Article

Shopping Carts Will Track Consumers' Every Move

Harvard Business Review

This post is part of the HBR Forum, The Future of Retail. Evermore sophisticated checkout systems allowed retailers to tally each purchase, maintain stock control, and see what was being purchased when. Retailers are looking for their own version of the domino theory. For three years, Anders and his team had worked on this project. I couldn't help but think of the consequences these devices will have on our lives, our privacy, and the future of retailing.

6 Crucial Mistakes People Make When Starting a Clothing Line

Strategy Driven

If you don’t have the resources to fulfill major orders from an important retailer, this could reflect badly on your business and you could potentially miss major opportunities. At first, you should calculate your projected revenue and spend at least 10% to 20% of it on marketing.

Case Study: Second Thoughts About a Strategy Shift

Harvard Business Review

Augustín Rey, a celebrated European businessman and the new presidente of the century-old retailer Emilia, drove an SUV full of teenagers into the Spanish city of León to show them the revolution firsthand. He let the words sink in and then added, “These kids represent a chance for retail to start over and get real. The young, the old — all retail customers — want straight talk: hablar claro. The teams were hailed as retailing’s first really new concept in decades.

Amazon Should Partner with Independent Bookstores

Harvard Business Review

First, I encountered the ghost of retail past on a trip to the quaintly crumbling brick mill towns of western Massachusetts. Then I encountered the ghost of retail present, in the form of an exposé in the Allentown Morning Call of the Fogelsville, PA Amazon warehouse's terrible working conditions, including a building so hot that multiple employees collapsed, prompting an ER doctor to alert federal regulators of unsafe working conditions. Competition Consumer goods Retail