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Think Tank
Business Strategy Alignment: Page 302
Why Are More Retailers Offering In-store Pickup if It Isn't More Efficient Than Buying In-store?
For consumers, in-store pickup combines the ease of shopping online with the promptness of purchasing from a local retailer. But while it's been revealed that this method isn't any more efficient than just buying in-store, that hasn't stopped brick-and-mortar shops from adopting and promoting this service - nor has it dissuaded customers from using it.
'Lean' Accounting Concerned With Value Stream From Customers to Suppliers
In the "Benefits of Lean Accounting in a Lean Manufacturing Company," author Dan Anthony discusses the major differences between traditional and lean accounting, starting with a quote from Taiichi Ohno that says "costs do not exist to be calculated; costs exist to be reduced." This really gets to the core of the difference between traditional and lean accounting: traditional accounting focuses primarily on the cost of goods sold, whereas lean accounting focuses on the value stream from customers to suppliers.
Determining What Consumers Want Turns on More Than Demographics, Research Says
The conventional view is that consumers are fickle and inconsistent, hard to understand and predict, and therefore unmanageable. In fact, they are perfectly consistent, perfectly understandable, and quite predictable.
Britain's Prime Minister Promises Fines if Employers Don't Pay 'Living Wage'
As the push for higher minimum pay builds momentum on both sides of the Atlantic, Prime Minister David Cameron of Britain this week threatened companies with tough fines if they fail to pay what he called a "national living wage."
How to Make Change Happen in Your Organization
Change in the organization is inevitable. So how do you get your employees to stop blocking it?
Freight Brokering Industry Flourishes as Bond Renewal Period Approaches
Thousands of brokers are currently in active search for the best freight broker bond renewal deal on the market. The reason for the shopping spree is that renewed freight broker bonds are an indispensable requirement to stay compliant and licensed for the new season.
Carbon Offset Program May Have Boosted Amount of Emissions, Study Finds
A study released by the Stockholm Environmental Institute (SEI) has revealed serious issues with the environmental integrity of carbon credit issued under Joint Implementation (JI). According to the review, about three-quarters of the carbon credits issued under JI may have actually increased emissions by about 600 million metric tons.
Interest in Consolidation Continues to Grow in Farm Supplies Market
Six companies dominate the business of farm supplies. The interest of Monsanto, the world's biggest seed producer, in buying Syngenta, the largest agrochemicals firm, had threatened to whittle them down to five. That raised worries about whether the reduction in competition would mean less innovation - and thus slower improvements in crop yields - as well as higher costs for farmers.
As Teens Spend Less, Retailers Have to Remodel Their Marketing Strategy
Teens are shopping like their parents during the back-to-school season, and that's putting a lot of pressure on retailers to change the way they market to them.
Post-Katrina, New Orleans Sees Benefit of Using Cloud to Enable Disaster Recover
The City of New Orleans and private businesses that struggled to survive the devastation of Hurricane Katrina learned some valuable lessons. One of the primary caveats when it comes to business continuity is to mitigate risk by embracing the cloud.
British Airways Bucks Industry Trend, Sees Valuable Role for 747 at Crowded Airports
If it's the end of the line for Boeing Co.'s 747 jetliner, nobody told British Airways.
CEOs Should Stop Squinting in the Rear-view (Data) Mirror, and Look Ahead
If the company is the bus and its leader is the driver, as Jim Collins' famous analogy states, then it stands to reason that when the bus is moving, the driver should mostly be looking out the windshield (toward the future) rather than consulting the rear-view mirror.
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