Remove Productivity Remove Retail Remove Strategy Development
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Strategic Choices Need to Be Made Simultaneously, Not Sequentially

Harvard Business

The CEO of a large Australian company called me to relay a particular strategy development problem his firm was facing, and ask for my advice. Perhaps there is some solace, however, in retailer Target’s disastrous attempt to extend its U.S.

Retail 134
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AI in Consulting: The Beginning of a New Era

Tom Spencer

In manufacturing, AI can be used to optimise supply chains, increase the efficiency of production processes, and predict equipment failures. This allows consultants to focus on higher-value activities such as problem-solving, strategy development, and client communication.

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Is Execution Where Good Strategies Go to Die?

Harvard Business

Salespeople see the world as prospects and products, offers and opportunities. I consistently see measurement as an afterthought in strategy development. If you’re managing a new product launch, those metrics might be free trial sign-ups, preorders, or product reviews. You only measure what you can see.

Strategy& 134
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Case Interview: Beyond Common Frameworks

Tom Spencer

Kogan.com, an online retailer in Australia, has enjoyed exponential sales growth in the past 2 years and its stock price has more than doubled. Kogan.com is playing for the retail market in Australia (step 1). This market can be segmented in many ways, including by age of customers and product categories (step 2).

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3 Steps To Building A Stand Out Portfolio With Emma Sharley: Podcast #25

Consulting Success

She works with retail, technology, and lifestyle client companies on setting up market and brand strategies, brand positioning, transitioning markets, and marketing new products lines. She also has a complementary start-up in the retail technology sector called ShopYou, which she co-founded in 2016. Are they corporations?

Retail 100
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IKEA’s Success Can’t Be Attributed to One Charismatic Leader

Harvard Business

The store he founded, with its iconic blue and yellow logo and functional, minimalist furniture, is the largest furniture retailer in the world. IKEA’s success did not result from the kind of planful strategy development that is still taught in some business schools. Quite the contrary. Leaders, of course, are necessary.

Culture 71
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Don’t Be Tyrannized by Old Metrics

Harvard Business

For example, same-store sales or sales per square foot measure success in the retail industry, and various volume measures do it in commodity industries. “In-store experience” has long been a core metric for retailers, and for good reason. Power by the hour aligns customers and suppliers. Unit sales don’t.”

Metrics 70