Let's Grow Leaders

AUGUST 23, 2021

I had been promoted to lead a 2200 person retail sales team at Verizon. And, fourteen out of fourteen had been in retail sales for their entire careers. Make sure you’re focused on both results AND relationships as you’re giving performance feedback ) and then stay the course.

Retail 601

Retail Leadership Accounting Executive Coach 601

Let's Grow Leaders

JUNE 24, 2013

As a Retail Store Director, I was out on “store visits” with one of our top executives. Execution Performance Productivity' It was a ridiculously hot July day. Such excursions always feel like you’re on the hot seat, even on a cool day. The post Work Environment Matters appeared first on Let's Grow Leaders.

Retail 381

Retail Leadership Development Performance Leadership 381

McKinsey

MARCH 31, 2022

Advanced analytics has the potential to transform grocery operations, but many retailers struggle to harness these capabilities to improve performance. Two emerging use cases could point the way.

Retail 86

Retail Performance 86

Vantage Circle

FEBRUARY 23, 2021

However, to do that it is imperative to monitor the employees’ work and evaluate in a manner such that an environment can be instilled where every employee can perform to the best of their abilities to produce the highest quality work effectively and efficiently. Zubair Bhura talks about “ The Role Of HR in Performance Management ”.

Performance 52

Performance Management Management Accounting 52

Let's Grow Leaders

SEPTEMBER 13, 2021

Recently, we were in a retail store where a partial wall divided the customer-facing counter from the back of the store. The manager wasn’t wrong about the performance issue, but he splashed his frustration all over his customers and the rest of the team (not to mention the employee who needed feedback, but not humiliation).

Leadership 475

Leadership Management Management Performance 475

McKinsey

FEBRUARY 22, 2021

The experiences of several high-performing software development organizations in banking and retail offer a road map to excellence.

Development 125

Development Retail Banking Performance 125

Let's Grow Leaders

FEBRUARY 20, 2023

Meaningful Business Metrics Aren’t About the Number When it comes to business metrics, there’s a secret that top-performing leaders understand, but might not tell you aloud: “Your customer doesn’t care about your internal scorecard.” If you’re a convenience store retail manager, your key behaviors might include: Keep products stocked.

Communication 266

Communication Management Management Performance 266

McKinsey

JUNE 27, 2016

Facing market saturation and more selective consumers, online retailers will need to make better use of data analytics to gain ground.

Performance 71

Performance Retail 71

McKinsey

APRIL 26, 2023

Decathlon CEO Barbara Martin Coppola on how the global retailer cultivates its entrepreneurial spirit and stays true to its values in the face of disruption.

Retail 70

Retail IT Performance Leadership 70

Let's Grow Leaders

JANUARY 19, 2015

We didn’t need more retail customers, we needed to convert the small business customers that were already coming into our stores to manage their personal accounts. Tune in on Wednesday for more suggestions on improving bad performance. Everyone had a cell phone. It was all about “switchers” from other carriers.

Accounting 438

Accounting Retail Brainstorming Accomplishment 438

Let's Grow Leaders

AUGUST 27, 2014

Retail is always a balancing act of providing great customer service and not giving away the store. He’d get to chatting with a customer and right in front the employees who were on performance plans for too much discounting, would do something over the top to delight a customer.

Retail 486

Retail Career Communication Performance 486

Vantage Circle

FEBRUARY 25, 2024

Research says that 40% of employees rate recognition from managers as the most impactful on their performance and employee experience. For instance, the online shoe and clothing retailer Zappos , renowned for its exceptional customer service, strives to create a standout employee experience through its "Zollar" program.

Company Culture 111

Company Culture Motivation Performance Accomplishment 111

Your Work, Your Way

MAY 16, 2023

Twenty-six percent of employers surveyed said they’d reduced workload for employees they hoped would quit (something retail is famous for.) They may find their annual performance ratings declining year over year with no clearly defined feedback on performance problems.

Management 77

Management Management Retail Career Development 77

She Owns Success

DECEMBER 11, 2023

Machines don’t make mistakes due to fatigue or oversight, ensuring that every task is performed accurately. E-commerce Automation With the popularity of online retail, e-commerce automation has emerged as a groundbreaker, reshaping how businesses operate and enabling them to scale effectively. Yes, that’s right!

Retail 52

Retail Media Critical Thinking Education 52

CMOE

JUNE 12, 2023

As messaging and engagement are critical for businesses starting out, Duct Tape Marketing’s blog can guide you in bolstering your online visibility, performance, and engagement. Lightspeed Blog The Lightspeed blog focuses on brick-and-mortar businesses in the retail and restaurant spaces.

Real Estate 52

Real Estate Retail Finance Media 52

Vantage Circle

JULY 2, 2020

Sweta is an HR and Talent Acquisition leader with 20 plus years of experience in telecom, technology and retail verticals to build, transform, and deliver the people charter for organizations like Amazon and Bharti Airtel (second largest telecom company in the world). 20:49) Are engagement scores rising in the remote working environment? (23:42)

Recruitment 52

Recruitment Management Management Retail 52

PerfectCoaches

JANUARY 22, 2018

It would be sold within a retail concept called The Self-Discovery Station, shopping mall kiosks featuring our book, other self-development books, and themed merchandise such as jewelry. The results were clear: there was not a viable retail market large enough to sustain an investment in that model. PIVOT 1 Time for Plan B.

Retail 52

Retail Performance Professional development Development 52

McKinsey

MARCH 22, 2023

The ability to improve cost savings, sustainability, and consumer benefits has proven skinny design packaging to be a powerful tool to maximize product volume and performance.

Performance 100

Performance Retail Development 100

She Owns Success

JUNE 29, 2022

Whether you sell retail, craft supplies, or anything else under the sun, you’ll eventually need to find a vendor to supply products to your business. Is the vendor capable of performing exactly what you need to better your business? When choosing a vendor for your business, there are many factors to look for.

Communication 52

Communication Accomplishment Retail Performance 52

McKinsey

JANUARY 22, 2023

After recording a widely positive performance in 2021, the sporting-goods industry has seen multiple challenges in the past year, including the threat of global recession, war in Europe, continued supply chain challenges, and rapidly rising interest rates—all contributing to a world in disarray.

Performance 95

Performance Retail 95

She Owns Success

JANUARY 22, 2024

Become More Organized If you want for your efficiency, productivity, and overall performance in the workplace to improve this year, you should also commit to becoming more organized. On top of just having a tidy desk, make an effort to be more systematic about managing your tasks, time, and resources.

Career Advancement 52

Career Advancement Career Certification Retail 52

She Owns Success

MARCH 29, 2022

The software can also generate performance reports, which can help you make informed decisions about your company’s future. Thus, you’re likely to gain the most advantage from the platform if your business is in retail, financial services, or healthcare. Cost savings. Also, you should consider the size of your company.

Solution 59

Solution Performance Healthcare Retail 59

McKinsey

OCTOBER 5, 2022

Insights from nearly 1,500 managers at North American consumer companies pinpoint areas that could improve performance and make operations more nimble.

Performance 69

Performance Management Management Retail 69

Vantage Circle

MARCH 28, 2022

But say, you have accumulated points for your exemplary performance at work. Aside from motivating employees, most reward points systems help you track productivity and performance metrics. Points-based recognition programs can motivate employees to perform specific actions that align with the company mission.

Motivation 98

Motivation Performance Electronics Entertainment 98

Vantage Circle

NOVEMBER 14, 2021

It not only improves their performance, but also motivates others to carry out their duties efficiently. At the end of the day, it needs to be an authentic part of your culture where recognizing exceptional performance is the norm. Some companies also give out trophies and plaques to their top performers. What Is A Wall Of Fame?

Motivation 52

Motivation Accomplishment Performance Retail 52

BetterUp

JANUARY 24, 2018

You may have read Jim Collins’s business best seller, Good to Great , which offers an in-depth analysis of a whole slew of organizations, and then identifies 11 that transcended average performance to achieve God-like success in the 1990s. Of course, this also means that some organizations do it better than others.

Company Culture 74

Company Culture Strategy Retail Electronics 74

Vantage Circle

SEPTEMBER 28, 2023

In the long run, this enhances satisfaction, strengthens loyalty, and encourages employees to perform at their best. Employee of the Month/Year: It is a type of recognition that acknowledges standout employees regularly for their performance or contributions. It's all about surprising and rewarding exceptional performance.

Performance 52

Performance Company Culture Motivation Milestones 52

McKinsey

MARCH 30, 2022

Sonae’s CEO discusses why upskilling, reskilling, and a sense of purpose are critical to a high-performing workforce.

Performance 60

Performance Retail 60

CMOE

JANUARY 5, 2021

This business structure has been most visibly embraced by the retail world, where online sellers have taken to offering their products for local pickup (through click-and-collect systems) and even local purchase through pop-up stores empowered by cloud-synched software (see shopify.com/pos for more on how this works).

Retail 80

Retail Leadership Development Strategy Performance 80

Vantage Circle

AUGUST 8, 2022

Virtual gift cards let employers choose from a wide range of retailers that cover almost every aspect of their employees' interests. Your employees get the freedom to choose from a wide variety of retailers and services making the gifting experience more memorable. Who wouldn't want to see their favorite band perform live?

Retail 98

Retail Food IT Entertainment 98

Vantage Circle

JANUARY 18, 2023

According to BLS data on yearly separations, the turnover rates in the retail and hospitality industries are consistently higher than the national average. Low turnover may harm the trajectory of and frustrate top performers, in addition to the apparent risk that you may be harboring underperformers.

Hospitality 98

Hospitality Strategy Retail Management 98

McKinsey

MARCH 26, 2020

Performance in the fashion and luxury industries has turned lower, but leading companies haven’t been deterred. Here’s how they excel.

Performance 63

Performance Retail 63

Vantage Circle

JANUARY 31, 2023

Strive for excellence Like any other organization, Walmart strives for high performance. This needle-like focus on serving the best to customers has improved the company’s overall performance making it one of the world’s largest retailers. They also work for more opportunities for women. We want you to stay.

Company Culture 104

Company Culture Accounting Creativity Communication 104

Vantage Circle

SEPTEMBER 26, 2020

Besides, several cognitive psychology principles suggest that people perceive non-monetary incentives to be more valuable than the retail value of that award in cash. 92% of employees surveyed said their motivation to perform increased after receiving a Blueboard experience. Non-monetary incentives have separability.

Motivation 52

Motivation Creative Approach Retail Performance 52

McKinsey

MARCH 6, 2018

Top performers are using data analytics and consumer insights to stay ahead of the pack.

Performance 98

Performance Retail 98

Harvard Professional Development

MARCH 15, 2023

Below are some of the types of experiences a customer can have with a business: A customer steps into a retail store and is greeted by a friendly worker offering to help them find a product. Then, identify Key Performance Indicators, or KPIs, that you can track so you can determine if you hit your goals.

Design Thinking 98

Design Thinking Strategy Professional development Retail 98

Vantage Circle

DECEMBER 9, 2019

For the retail industry, namely wholesale distribution, employees need to think about the fact that the millennial workforce prefers to process data easily with advanced technology and conduct real-time analysis on trends. Statistics have revealed that Millennials will represent 75 % of the workforce by the year 2030.

Motivation 52

Motivation Creativity Communication Retail 52