by stevenpdennis | Jun 5, 2020 | Innovation, Radical, Remarkable Retail
If we try a new tactic, it might not work. It might be too early, too late, too expensive, too small a market, you name it. We might mess up the execution or spend too much money to possibly earn a decent return. Indeed, if we build it, they (the customers) might not...
by stevenpdennis | Jun 1, 2020 | Disruption, Innovation, Leadership
“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually, then suddenly.” ERNEST HEMINGWAY, THE SUN ALSO RISES There are plenty of times when events catch us completely by surprise. Maybe what happened was completely...
by stevenpdennis | May 18, 2020 | Being Remarkable, COVID-19, Innovation
The parade of bankruptcies that is being unleashed–or more accurately, accelerated–by the COVID-19 pandemic will result in vast numbers of store closings, layoffs and other major expense reductions as long-struggling retailers attempt to stave off...
by stevenpdennis | Jun 8, 2020 | Innovation, Leadership
One of my favorite quotations is from science fiction writer William Gibson who said “the future is already here–it’s just not very evenly distributed.” In fact, I like it so much that Chapter 6 of my new book is basically an extended riff on...
by stevenpdennis | Apr 7, 2020 | Innovation, Leadership
“If you dislike change, you’re going to dislike irrelevance more.” – Retired General Eric Ken Shinseki In most decision-making sessions, as we pore over the spreadsheets, company analysts typically discuss discount rates that are being used,...
by stevenpdennis | Mar 30, 2020 | Harmonized Retail, Innovation
Confronted with the escalating coronavirus crisis—and the shockingly dramatic sales declines many brands are experiencing—companies need to re-think their ways of doing business. In some cases, these new efforts are in direct response to the specific challenges posed...
