Avoiding the Tactics Trap: Strategic Thinking for Retail Leaders
At its core, strategy is straightforward. It’s about diagnosing your organization’s core challenge and setting a guiding policy to tackle it. Tactics, on the other hand, are the specific actions your organization takes to achieve its objectives. Tactics without strategy often arise from a fear of competition or losing market share but ultimately, they are only distractions that steer you off course from sustained success.
Why Your Retail Strategy Needs to Identify Weak Signals
One of the most overlooked tools in a retail leader’s arsenal is the ability to recognize weak signals—small indicators of change that hint at coming trends. Paying attention to weak signals can help you get ahead of the curve.
A Strategic Guide for Retail Digital Transformation
Whether you’re just starting on your digital transformation journey or looking to refine your approach, "Retail's Guide to Business Strategy and Change Management for Digital Transformation Success" provides the insights and tools you need to succeed.
Why Customer-Centricity is Even More Important to Retail During the Holiday Shopping Season
During the holiday shopping season, the pressure on retail managers and employees to deliver excellent service intensifies. A positive experience during such a critical time fosters long-term relationships that extend beyond the holidays. Adopting or refocusing a customer-centric approach during this high-demand period is more important than ever—for both the customer and the organization.
The Challenge Of Retail Strategy
Developing a strategy in retail is a challenge. You will have wins and misses. But with a well thought out strategy and an agile mindset you can weather the ups and downs and continually improve your retail organization.
- Read More
EARN A CERTIFICATE
Expand your skillset and enhance your resume with a professional certificate. We offer 10 different certificates in a variety of areas including Lean Six Sigma, leadership, business analysis, and project management.
Featured Course
Business Acumen and Strategy
Expand your leadership skills by understanding how all business functions work together to create and execute a successful business strategy.
