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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.

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Deploying AI Requires Understanding What’s Both Possible and Practical

Leading Blog

T HE vast majority of today’s business leaders are either embarking on AI deployment to improve their operations or are considering it. Some 54 percent of organizations say AI has been cost-effective for their business operations. This information guides retailers to align their offerings with emerging trends.

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The Strategic Advantage of Implementing a Junior Advisory Board in Your Organization

N2Growth Blog

Integrating young talents into decision-making processes allows organizations to tap into valuable insights, especially pertinent in sectors like fashion, food, and retail, where younger consumer preferences are pivotal.

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The Next Wave of Digital Transformation: What Leaders Need to Know

N2Growth Blog

The Current Digital Landscape Today’s digital landscape is constantly changing, revolutionizing how businesses and industries operate. Extensive networks, data streams, and state-of-the-art digital technologies are increasingly becoming the foundation of modern operational strategies.

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Crafting a Legacy: The Importance of Succession Planning in Family Businesses

N2Growth Blog

On a more granular level, succession planning involves pinpointing and developing promising employees who can take up future leadership roles. The first step is to identify the key roles within the organization that are essential for its smooth operation and determine the necessary competencies and skills for each role.

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Evolve or Dissolve: Shaping Your Corporate Culture for a Remote Reality

Leading Blog

I N THE PAST DECADE, the corporate world has seen a seismic shift in how it operates. Teams operating within a strong culture share a set of values, beliefs, and behaviors. It’s important to regularly revisit and communicate these values, ensuring that they’re aligned with the current mode of operation.

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How Digital Technologies Could Boost Tiny Retailers in Developing Countries

Harvard Business Review

Micro-retailers are vitally important to the economies of developing countries and to consumer packaged goods companies. But their full potential is not being realized. The adoption of digital technologies could help change that. But for that to happen, obstacles must be overcome. Three strategies can address them.

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