Remove Delegation Remove Operations 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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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. They are usually quick to recognize operational problems and deal with them before they become disasters. As a result, most are singularly unprepared to deal with them.

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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). Operations in a Connected World. Insight Center. Sponsored by Accenture.

Tools 8
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How Hard Do Company Founders Really Work?

Harvard Business Review

The operative word in that sentence is “founding” or in my case “co-founding.” Of course, a CEO following that approach is less likely to delegate and more likely to be entrenched in work all the time. I have clients who like to play golf. And I often get asked to hit the links.

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4 Models for Using AI to Make Decisions

Harvard Business Review

Charismatic CEOs enjoy leading and inspiring people, so they don’t like delegating critical business decisions to smart algorithms. Computational autonomy requires that C-suites revisit the hows and whys of delegation. In reality, “handoffs” and transitions prove to be significant operational problems.

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What to Do When Your Future Strategy Clashes with Your Present

Harvard Business Review

MedStar operated nine hospitals, but realized that its long-held objective of increasing revenue and profits at those venues was unsustainable, given the outcries over runaway medical costs. These new ventures would operate separately from the core hospital assets and would compete in new ways in the health care marketplace.

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How to Reduce Primary Care Doctors’ Workloads While Improving Care

Harvard Business Review

Just imagine the operational demand if primary care providers also had to actively monitor their patients’ health data between office visits. 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.