Monthly Archives: May 2015

Just-in-Time Fashion—Victoria’s Secret “secret”

May 1, 2015
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Just-in-Time Fashion—Victoria’s Secret “secret”

Strategy formation and implementation in the fashion industry are affected greatly by the consumer’s attitude toward change. This industry forms around trends that often are defined by discontinutities.  In order to create on-going consumer willingness to purchase, several companies have moved toward a JIT approach to the design-manufacturer-distribution cycle.  Copying and adapting haute couture runway…

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Franchising strategy

May 1, 2015
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Franchising strategy

Entrepreneur magazine’s 36th annual Franchise 500® reveals the strategy secrets of the top ten franchises.  Alignment of stakeholder expectations and company mission put Hampton Hotels in the first position.  The customer stakeholder desires good hospitality and Hampton infuses its culture with “Hamptonality.” Room conveniences like multiple electric outlets and clean beds, combined with friendly service,…

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Jaguar Land Rover opens innovation incubator in Portland

May 1, 2015
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Jaguar Land Rover opens innovation incubator in Portland

British company, Jaguar Land Rover, recently opened its first outside of the UK facility in Portland, Oregon.  Calling it the innovation incubator, the operation focuses on prototyping the future customer experience in order to assist it in creating new offers.  The company partners with universities, sponsoring engineers and inventors in its incubator so that they…

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JIT at Toyota Industries Corporation

May 1, 2015
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JIT at Toyota Industries Corporation

Toyota Industries Corporation (TICO) consists of four units dedicated to automotive, material handling, textile machinery and electronics. The Toyota Production System (TPS) improves quality through improving processes.  This is at the heart of all of Toyota’s organization. This video clip explains how JIT production works at Toyota and how the company’s social responsibility commitment is…

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Enriching the discussion through protocols

May 1, 2015
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Enriching the discussion through protocols

Discussions, whether online or in face to face classrooms, are important teaching tools in strategy courses.  Structuring these discussions so that learning expectations are achieved and can be assessed is the big challenge that needs further exploration. Several good sources of formats can be found online.  A couple are listed in the links below. Keeping…

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May classroom―environments, business models and leadership

May 1, 2015
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May classroom―environments, business models and leadership

Any of the completed work from these activities can be converted to face-to-face discussion.  Try adapting the content to your specific course format. Using your classroom teams in their online Wiki sites, have students conduct the following studies: Investigate the external environmental factors that might have enticed Jaguar Land Rover to open its research operation in…

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Pinning for geeks

May 1, 2015
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Pinning for geeks

Keeping up with the plethora of new mobile apps, websites, hardware projects and tech creations is the business of Product Hunt. This curating site lets members submit, vote, comment and browse products that the online community submits daily.  Currently, the appeal is to the tech community including those seeking the next best thing investment prospect.…

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Uberification—the sharing business model of On-Demand Mobile Services

May 1, 2015
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Uberification—the sharing business model of On-Demand Mobile Services

Technically, this is Steve Schlafman’s blog.  He is a NYC-based Venture Capitalist with several interesting posts on trends.  This post from April 2014 illustrates many ODMS (On-demand mobile services) apps that continue to surface regularly in the iStore and the Google Play store.  The apps are based upon a model in which search for service…

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Worker engagement, culture and managerial excellence–leadership matters

May 1, 2015
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Worker engagement, culture and managerial excellence–leadership matters

Managers who possess good strategic leadership skills do make a difference in the level of employee engagement and performance.  According to this recent update of the Gallup study of worker engagement throughout the world, 30% of US-based employees and 13% of worldwide employees were found to be engaged in their work. Finding managers with the…

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European Central Bank floods local economies with cash

May 1, 2015
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European Central Bank floods local economies with cash

European markets continue to tumble behind the US, giving rise to the European Central Bank’s easing of monetary policy to try to stimulate business activity and reduce the high level of unemployment. Greece’s debt-plagued economy concerns the larger EU countries as they no longer have the cash to sustain Greece.  Meanwhile, the Japanese are trying…

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