N2Growth Blog

SEPTEMBER 28, 2020

These Human Resource leaders represent the top 25 human resources leaders shaping careers, culture, and talent at the world’s most innovative people driven companies. While Chief Digital/Technology Officers or Chief Marketing Officers are often tagged with the innovator label, it is the CHRO who is the real innovator in 2020.

Human Resources 476

Human Resources Globalization Resources Diversity 476

Strategy Driven

JULY 5, 2024

In the world of retail, creating an appealing and engaging environment for customers is crucial. One innovative tool that has gained popularity is SEG fabric. This technology has revolutionized the way retailers design and display their branding and promotional materials.

Retail 110

Retail Environment Brand Merchandising 110

N2Growth Blog

JUNE 6, 2024

The rapid development and widespread adoption of new technologies present both opportunities and challenges for leaders to manage. They streamline business operations, process big data to derive valuable insights, and automate tasks previously managed by humans.

Disruptive Innovation 259

Disruptive Innovation Strategic Planning Supply Chain Contingency Plans 259

The Horizons Tracker

FEBRUARY 17, 2022

Indeed, research from the Rotman School of Management shows that e-commerce retailers have just 30 seconds to impress customers before they look elsewhere. The retailer’s job, therefore, is to ensure that something does, which will hook the customer to browse more.

Retail 126

Retail Loyalty Diversity Objective 126

Lead Change Blog

OCTOBER 3, 2014

Describe the desired culture – Leaders must look beyond managing just performance to proactively managing a work environment based on trust, respect, and dignity. If, for example, a leader is running a retail store, he or she may need to define exactly what is meant by great customer service. What do you have to lose?

Tactics 327

Tactics Retail Document Goal 327

Strategy Driven

JULY 5, 2024

In today’s fast-paced world of apparel retail, fulfilling customer orders quickly and accurately is more crucial than ever. However, achieving efficient apparel fulfillment poses significant challenges that require innovative solutions. This variability can lead to overstocking or stockouts if not managed properly.

Apparel 100

Apparel Supply Chain Innovation Retail 100

Mike Cardus

JANUARY 9, 2012

In Standardization is the first step to innovation , Alan Kay Wrote, “…every team is different. The application would vary greatly if you were running a highly regulated business, e.g., healthcare vs. an innovative internet retailing business.”. For innovation to take place the person traverses through 3 phases of learning.

Innovation 111

Innovation Company Retail Process 111

Leading Blog

SEPTEMBER 11, 2018

Unlike Amazon, Alibaba is not even a retailer in the traditional sense—we don’t source or keep stock, and logistics services are carried out by third-party service providers. Smart businesses like LIN and many others rely heavily on machine-learning technology to achieve scale and manage complexity. Think enabling not managing.

Business Model 266

Business Model Technology Retail Short-term 266

In the CEO Afterlife

JUNE 17, 2012

I was devoted to master strategies and “big play” innovations that ideally positioned a company to dominate their chosen market(s) and enjoy sustainable competitive advantage. In today’s world, Apple , Google and Facebook are the poster boys of transformational innovation. The innovations are incremental, and often easily copied.

Strategy 229

Strategy Competitive Advantage Innovation Operations 229

Leading Blog

MAY 1, 2020

Amazon’s business model has not only turned the retail industry and cloud computing inside out, but now its tentacles are squeezing media and advertising, and disrupting the state of technology, the economy, job creation, and society at large. How Innovation Works : And Why It Flourishes in Freedom by Matt Ridley.

Books 292

Books Ryan Leadership Agility 292

Rich Gee Group

NOVEMBER 11, 2024

In an era where brand loyalty was sacred, he made the seemingly crazy decision to open Amazon’s platform to competitors, allowing other retailers to sell directly on Amazon’s site. Still, Bezos saw what others didn’t: that the future of retail wasn’t in owning the product but in owning the customer relationship.

Leadership 195

Leadership Short-term Long-term Loyalty 195

Michael Lee Stallard

JULY 12, 2021

I am not at all surprised that Costco ranked #4 on the Forbes / Statista “ America’s Best Large Employers 2021 ” list and leads the retail and wholesale category. Connected, engaged employees are more collaborative, innovative, and productive. Costco has consistently been in the top five of the list for years.

Competitive Advantage 370

Competitive Advantage Learning-by-Doing Video Insurance 370

N2Growth Blog

NOVEMBER 28, 2023

Through coaching, executives can refine their ability to analyze complex situations, anticipate future challenges, and craft innovative solutions. Executives receive the necessary tools and techniques to manage their emotions and navigate challenging situations with resilience and composure.

Succession 391

Succession ROI Leadership Self-aware 391

Mike Cardus

NOVEMBER 27, 2010

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. All rights reserved. Powered by WordPress.

Team Building 103

Team Building Retail Process Operations 103

In the CEO Afterlife

JUNE 20, 2013

At the other end of the strategy conundrum are leaders and managers who don’t understand strategy. Big retailers are dead without a firm understanding of daily, weekly and monthly tactics. In this case, because of Coca-Cola’s massive consumer appeal, a healthy retail margin that inflates the price of Coke would not be a wise decision.

Tactics 217

Tactics Retail Price Brand 217

Modern Servant Leader

AUGUST 29, 2012

They describe ROWE as: …a management strategy where employees are evaluated on performance, not presence. In a ROWE, people focus on results and only results – increasing the organization’s performance while creating the right climate for people to manage all the demands in their lives …including work. ROWE Environment.

Environment 248

Environment Servant Leader Micromanagement Operations 248

Management Excellence

MAY 6, 2013

From the boss who just doesn’t care to our government seemingly barely functioning to the miserable help-lines of too many firms to the slow gait…the shuffle of retail workers at organizations that definitely don’t care, ordinary and average are epidemic.

Management 111

Management Retail Definition Innovation 111

Strategy Driven

MAY 19, 2020

Renovating your retail space can be key to attracting new customers to your brand, preparing for the future of commerce, and ensuring that your brand is able to remain as competitive as possible. In order to create an innovative and completely reworked retail space, the best action that you can take is to start with a completely blank slate.

Retail 90

Retail Tips Press Release Brand 90

Rich Gee Group

JULY 29, 2024

For instance, market trends evolve from traditional retail to e-commerce, new technologies like AI and blockchain emerge, and consumer behaviors change from brand loyalty to value-based purchasing. The skills and strategies that served you well as a team leader might not cut it when managing an entire division.

Emotional Intelligence 195

Emotional Intelligence Strategy Self-aware Leadership 195

Great Leadership By Dan

JANUARY 16, 2020

Who is responsible to manage an organization’s culture? The assumption is that no one is formally assigned to the role to manage culture. We can cite examples of culture officers but the best answer is that senior leaders have the ultimate responsibility to manage their organization’s culture. Who is in Charge of Culture?

Blanchard 234

Blanchard ROI Consultative Retail 234

Mills Scofield

APRIL 15, 2013

I studied indigenous Amazonian languages and Ethnobotany in college and managed to avoid taking any math, science or business courses (yes, I went to Brown University). My business partner, Dan MacCombie, studied Marine Biology, so he was equally inexperienced in the art of management (unless we decided to employ invertebrates).

Talent Management 167

Talent Management Management Supply Chain NGO 167

Lead on Purpose

DECEMBER 3, 2010

John Durfee is a Gulf War veteran and the marketing manager for Airsplat, the nation’s largest retailer of Airsoft Guns including Spring Airsoft Rifles.

Management 150

Management Stage-Gate Ethics Marketing 150

Leading Blog

JANUARY 27, 2020

As these areas grow in a traditional business model, it also increases complexity and as a result, management challenges. When the order-taking system is fully digitized, it does not become harder to manage as more consumers use it, or as they demand more variety; it just gets better and better. But here’s the thing.

Operations 330

Operations Industry Learning-by-Doing Automotive 330

Strategy Driven

OCTOBER 24, 2024

The Importance of Streamlined Payroll in Small Businesses Payroll management is vital for small businesses, where every cent counts, and errors can precipitate extensive financial inferences. Integrating Payroll With HR Systems Incorporating payroll into the broader HR framework is a tactical move that affords many positive outcomes.

Management 96

Management Compliance Outsourcing Efficiency 96

Rapid BI

NOVEMBER 20, 2021

Innovation & Invention - Earlier this week Tesco Mobile (a division of the UKs largest retailer published a "Top 100 Inventions In History". The results are a not too surprising collection of both inventions, innovations and adaptations.

Innovation 79

Innovation Retail Survey Education 79

Mike Cardus

AUGUST 1, 2012

Innovation and Continuous Improvement Come from Personal Mastery. Once you master then innovation inevitably happens.”. Innovation Comes From Standardization of Processes. For example, consider a new manager who has to set-goals, develop plans and delegate tasks BUT was never taught a method for how to do this.

Delegation 130

Delegation Innovation Retail Learning-by-Doing 130

Innovation Excellence

JULY 16, 2019

Estimates that attempt to quantify failure rates for innovative products and services typically sit in a range somewhere between 70-95%. As an innovator, I find this an uncomfortably large number, especially given how much time and money we invest in innovation processes, consumer research and market modeling.

Innovation 110

Innovation Process Marketing Products 110

CO2

OCTOBER 29, 2010

The Retail Theory of Relativity. Gary Cohen grew the company from two people to 2,200 employees Currently, he is Managing Partner of CO2 Partners, LCC, operating as an executive coach and consultant. His book Just Ask Leadership - Why Great Managers Always Ask The Right Questions (McGraw Hill 2009).

Retail 68

Retail White Paper Executive Coaching Strategic Planning 68

LDRLB

JULY 15, 2013

At the other end of the strategy conundrum are leaders and managers who don’t understand strategy. Big retailers are dead without a firm understanding of daily, weekly and monthly tactics. In this case, because of Coca-Cola’s massive consumer appeal, a healthy retail margin that inflates the price of Coke would not be a wise decision.

Strategy 158

Strategy Tactics Retail Strategic Planning 158

Mills Scofield

MARCH 2, 2020

Borrowing an example from the Innovation Network, a highway construction company’s outputs are project design and the number of highway miles built and repaired. Let’s define outputs as the stuff we produce, be it physical or virtual, for a specific type of customer—say, car seats for babies. Yayoi Kusama, ICA BostoN.

Management 127

Management Travel Constraint Workshop 127

N2Growth Blog

FEBRUARY 24, 2018

A review of the project exposed the need for developing a mobile computing application as a means to support the newly reengineered business process; Service Delivery Project: A country-wide retailer wanted to initiate a voice of customer effort to better service and retain its customer-base.

Strategy 191

Strategy Tips Customer Intimacy Strategic Planning 191

CO2

OCTOBER 29, 2010

The Retail Theory of Relativity. Gary Cohen grew the company from two people to 2,200 employees Currently, he is Managing Partner of CO2 Partners, LCC, operating as an executive coach and consultant. His book Just Ask Leadership - Why Great Managers Always Ask The Right Questions (McGraw Hill 2009).

Retail 60

Retail White Paper Executive Coaching Strategic Planning 60

Great Leadership By Dan

JANUARY 20, 2012

Incidentally, Costco employees sell twice as much merchandise per square foot of retail space as their nearest competitor – Sam’s Club! Practicing forgiveness for well-intentioned mistakes is necessary for innovation to flourish. Meeting “guidance” by managing earnings is the standard. Even part-time workers receive benefits.

Morale 232

Morale CEO Merchandising Long-term 232

Leading Blog

DECEMBER 22, 2016

Large to small, in fields from construction to tech to health care, they win hearts, minds and wallets by innovating ways to stay the obvious choice in the market. When threatened by faster, cheaper online competitors, the legendary retail company confronted this digital disruption head-on. Embrace disruption. Offer more value.

Company 150

Company How To Retail Banking 150

Rich Gee Group

JUNE 3, 2024

For example, instead of saying, "We need to increase our market share," say, "Imagine a future where our product is the go-to choice for consumers, where our innovation leads the industry, and where every team member feels proud of the impact we've made." One of our clients, a leading retailer, was struggling with inventory management.

Storytelling 195

Storytelling Audience Supply Chain Benchmarking 195

The Horizons Tracker

APRIL 11, 2023

A recent study from Texas A&M University looks at the role innovation potential can play in terms of providing a sufficiently credible signal to reduce the impact insider sales have on perceptions of quality. “Our research, however, documents a positive effect on IPO valuation from informing investors of future innovation plans.

IPO 118

IPO Reference Innovation Pharmaceuticals 118

The Horizons Tracker

SEPTEMBER 21, 2022

The researchers focused on the retail sector, and the Gap clothing chain particularly, where they conducted a large-scale field experiment. Several cities and states have also adopted laws that regulate scheduling practices by large companies, such as retailers. Core scheduling, with employees getting the same shifts week to week.

Retail 131

Retail Budgeting Cost Products 131