Remove Delegation Remove Development Remove Retail Remove Technology
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10 Tips For Successfully Opening And Managing Your Retail Store

Strategy Driven

You can see that America had 442,000+ retail stores back in 2019, and these numbers are bound to increase. So, here are a few tips to help you open and manage your retail store in this ever-changing economy: 1. Attract Potential Customers A clean, clutter-free, and well-stocked retail store will attract more customers.

Retail 98
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Why Most Change Programs and Improvement Initiatives Fail

The Practical Leader

Partial and Piecemeal Programs The senior management team of a large national retailer, enjoying a dominant position in its markets, realized they had to make several radical changes to reduce costs while boosting service levels. But little time is often invested in developing ongoing improvement plans, habits, or approaches.

Teamwork 104
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A Tool to Map Your Next Digital Initiative

Harvard Business Review

In fact, the relentless drive to embrace digital technologies has been ongoing for many decades. What also seems to have been forgotten are the lessons from these earlier attempts to leverage IT (remember that IT is a digital technology). If those linkages cannot be developed, then those investments should not be pursued.

Tools 8
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How Hard Do Company Founders Really Work?

Harvard Business Review

” My partner David and I developed the idea for our company 10 years ago, and I took over as CEO several years ago. Of course, a CEO following that approach is less likely to delegate and more likely to be entrenched in work all the time. Yet I really have a hard time tearing myself away from the office to play.

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Midsized Companies Can’t Afford Operational Glitches

Harvard Business Review

But they don’t think nearly enough about operational meltdowns – technological glitches and other problems that can put them out of business. Unlike much larger companies, midsized firms usually lack deep operational and technological talent who can quickly recognize, understand, and resolve huge systems glitches.

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How to Reduce Primary Care Doctors’ Workloads While Improving Care

Harvard Business Review

The workload problem is further increased by patients’ likely response to enhanced availability, such as what tax accounting and retail customers have enjoyed through digital channels. This means using technology to handle the simpler needs, escalating to the doctor only what can’t be delegated. Overconsumption.

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What to Do When Your Future Strategy Clashes with Your Present

Harvard Business Review

Doing that required developing a new business model in which MedStar would get paid to keep patients well. That could involve targeting new geographies, developing new products, taking advantage of new technologies, or devising new business models.