When you're the size of Amazon your business growth strategy overlaps with multiple areas, sectors and industries.
As a Manager, CEO, or Executive Director you might not be the one using Instagram in your organization as part of your strategy, you can however learn from it when it comes to implementing your own business strategy and change management initiatives.
When: " what we've always done" stops working, what do you do?
It was recently announced that playboy would stop publishing images of naked models in their print edition which, aside from their editorials was their claim to fame.
Why would a business so drastically change their business strategy unless they had to?
So today is July 15th and it's Amazon Prime day, declared a day with better deals than Black Friday. I took a peek, and so far it's pretty good.
Great strategies are all around us. As a business nerd I love to see businesses that take risks and put major bets on things that will make an impact on their bottom line in both the short term and long term.
This month there were two news stories that covered Costco's business model and their strategy for growth.
First was the case study on using roast chickens and hot d
ogs as loss leaders to get people into the store. Despite the fact they could make millions more by increasing the price to match inflation, they chose to keep their prices where they are because it's better for business.
Today I got to host and event with the Vancouver Board of Trade small business council on creating social impact as part of your business practices.