NightLiveGreat

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg
Showing posts with label Amazon. Show all posts
Showing posts with label Amazon. Show all posts

Thursday, June 6, 2013

Decision Narratives at Amazon

Posted on 5:54 PM by Unknown
In this article by Drew Hansen as well as this one by Adam Lashinsky, we learn about an important facet of the decision-making process employed by Jeff Bezos and his top management team at Amazon.  Here's an excerpt from the latter article:

Meetings of his "S-team" of senior executives begin with participants quietly absorbing the written word. Specifically, before any discussion begins, members of the team -- including Bezos -- consume six-page printed memos in total silence for as long as 30 minutes. (Yes, the e-ink purveyor prefers paper. Ironic, no?) They scribble notes in the margins while the authors of the memos wait for Bezos and his minions to finish reading.

Amazon executives call these documents "narratives," and even Bezos realizes that for the uninitiated -- and fans of the PowerPoint presentation -- the process is a bit odd. "For new employees, it's a strange initial experience," he tells Fortune. "They're just not accustomed to sitting silently in a room and doing study hall with a bunch of executives." Bezos says the act of communal reading guarantees the group's undivided attention. Writing a memo is an even more important skill to master. "Full sentences are harder to write," he says. "They have verbs. The paragraphs have topic sentences. There is no way to write a six-page, narratively structured memo and not have clear thinking."

The use of narratives at Amazon reminds me of this article written many years ago in Harvard Business Review about strategic planning at 3M.   The innovative industrial conglomerate had adopted the use of storytelling during its strategic planning.   In the article, the authors explained that bullet points on Powerpoint slides have several deficiencies.  Bullet point lists often prove rather generic, fail to clarify causal relationships, and leave crucial assumptions unstated.   One manager quoted in the article explains, "If you read just bullet points, you may not get it, but if you read a narrative plan, you will.  If there's a flaw in the logic, it glares right out at you.  With bullets, you don't know if the insights is really there, or if the planner has merely given you a shopping list."  Stories or narratives enable you to think more holistically, and they provide the basis for a more thoughtful dialogue and debate.  Finally, stories prove much more compelling than lists.  If we hope to persuade others that a strategy makes sense, a good story works much more effectively than a set of bullet points. 
Read More
Posted in 3M, Amazon, Bezos, decision making, narratives, stories, strategic planning | No comments

Tuesday, May 14, 2013

Classic Mistake at a Job Interview

Posted on 5:21 AM by Unknown
The Wall Street Journal recently interviewed Jennifer Boden, a human resources executive at Amazon.  They asked Boden a series of questions regarding Amazon's recruiting efforts.   Boden offered some keen insights.  I found this particular exchange with the interviewer worth stressing here:

WSJ: What tends to trip candidates up in interviews?

Ms. Boden: Most people will trip up when they focus on where they've been, the name, and they don't focus on what they've done. Or if they can't explain to us the process of how they delivered results.

Boden's observation confirms what I have seen many times over the years.  I often tell students to NOT make the interview a recitation of their resume.  The interviewer has read the resume!  He or she knows where you went to school, what your GPA is, where you interned in prior years, and what awards you have won.  What does the interviewer not know from looking at your resume?  That's the key question.  You have to talk about the major project you accomplished at your internship or the consulting report you put together for a client company as part of a business school course.  You should describe the major community service initiative you led at your university or the honors thesis research project that you completed.  An interview should be focused on telling several stories of hard work, organization, leadership, and achievement.  Be prepared to talk about what you did, what you learned, and how you can apply those lessons to this organization.    
Read More
Posted in Amazon, human resources, interviews, Jobs | No comments

Wednesday, May 8, 2013

Amazon and Online Grocery

Posted on 7:36 AM by Unknown
Forbes has an article titled, "Why Amazon is Happy Breaking Even With Online Grocery."  Author Tom Ryan argues that the firm doesn't plan to generate profit from the online grocery business, but simply to break even.  According to the article, based in party on research by RetailNet, "It’s all about helping Amazon attain the scale to support its ambition to build a national same-day delivery shipping model."   I don't quite understand this point about scale economies.  Amazon isn't going to be shipping books on the same truck as vegetables.  It is not likely to be using the same distribution center.  What is the scale advantage for other products from having an online grocery business?  

Later on, the article provides a much stronger argument for Amazon's entry into the online grocery business, a market where it has traditionally been very difficult to make money.   Quoting an analyst at RetailNet, Ryan writes, "Finally, Amazon views steady grocery delivery as a 'powerful way to drive frequent customer interaction,' and opens up avenues to entice consumers to shop for other products with each order."  Now we have the key rationale!   Consider why Target has expanded its grocery offerings.  It wants to build traffic in its stores.   Target knows that the margins are very slim on grocery items.  However, when guests come to buy groceries, they also buy apparel, home goods, and the like.  The firm can make healthy margins in those areas.   Target has learned that offering more grocery items brings people to its stores more often, and that foot traffic yields higher margin sales in other departments.  Amazon clearly believes that the same dynamic applies when people shop its website.  Engaging people to buy groceries will hopefully yield more sales of books, electronics, and other items that do produce better margins.   Moreover, Amazon may be able to use its strong predictive algorithms to help drive those kinds of profitable sales, based on a deep understanding of this online grocery customer.  
Read More
Posted in Amazon, economies of scale, grocery, logistics, Target | No comments

Friday, March 29, 2013

Amazon Buys Goodreads

Posted on 2:24 PM by Unknown
We learn today that Amazon has acquired Goodreads, a social network for people who love to read.  Goodreads has roughly 16 million members.  More than 30,000 book clubs use the site.  Many people see the move as a perfect fit for Amazon.   The company gets the opportunity to learn about people's likes and dislikes regarding books, and they have an opportunity to promote to this active book-loving community.  Moreover, they can use analytics to mine this tremendous amount of data about books that the social network will provide.  Early reports indicate that they intend to integrate Goodreads more closely with their Kindle reader devices as well. 

For me, this move clearly extends the powerful network effect that Amazon already benefits from in the book business.  The network effect means that the value for each Amazon user goes up as more people use the site.  That effect increases now with the addition of this powerful and broad social network.   Book lovers will derive even more value from Amazon, as the online marketplace enhances its ability to provide informative reviews and highly personalized recommendations to each customer. 

What's the downside?  Goodreads has cultivated an independent status up to this point.  Some Goodreads users will undoubtedly worry about the link with Amazon and the loss of that independent status.  Amazon will have to manage this tension, much as firms do any time they vertically integrate.  
Read More
Posted in acquisitions, Amazon, Goodreads | No comments

Tuesday, September 18, 2012

How Amazon Works Backwards

Posted on 6:51 AM by Unknown
Ian McAllister of Amazon posted this interesting note on Quora about innovation at Amazon:

There is an approach called "working backwards" that is widely used at Amazon. We try to work backwards from the customer, rather than starting with an idea for a product and trying to bolt customers onto it. While working backwards can be applied to any specific product decision, using this approach is especially important when developing new products or features.

For new initiatives a product manager typically starts by writing an internal press release announcing the finished product. The target audience for the press release is the new/updated product's customers, which can be retail customers or internal users of a tool or technology. Internal press releases are centered around the customer problem, how current solutions (internal or external) fail, and how the new product will blow away existing solutions.

If the benefits listed don't sound very interesting or exciting to customers, then perhaps they're not (and shouldn't be built). Instead, the product manager should keep iterating on the press release until they've come up with benefits that actually sound like benefits. Iterating on a press release is a lot less expensive than iterating on the product itself (and quicker!).


I love this approach.  The idea of working backwards has many benefits.  First, it really causes you to sharpen your idea.  You have to be able to communicate it crisply and concisely.  If you can't, then you probably don't have a clear strategy yet.  Second, it puts you in the shoes of the customer reading that press release.  It makes you think about how they will perceive your innovation.  Third, it helps you sharpen your understanding of the target market.  Who precisely is the target?  What do they care about?  Finally, it provides a clear, compelling direction for your team - they will have a strong shared understanding of the vision they are trying to achieve. 
Read More
Posted in Amazon, innovation | No comments

Friday, February 17, 2012

Big Data, Diapers.com, and the Importance of Analytics

Posted on 7:24 AM by Unknown
Several days ago, the New York Times published an article titled, "The Age of Big Data."  The newspaper described how companies will need many more data analysts who can "help businesses make sense of an explosion of data — Web traffic and social network comments, as well as software and sensors that monitor shipments, suppliers and customers — to guide decisions, trim costs and lift sales."   The article cited a McKinsey Consulting study which predicted that the United States will need 140,000-190,000 more employees with “deep analytical” expertise" in the coming years. 

As an example of the importance of big data, consider the online retailer Diapers.com (owned by Amazon).   Forbes writer Meghan Casserly describes the firm's use of big data in an article published on the magazine's website.  The company has built powerful proprietary algorithms over the past few years based on tons of transactions.  These algorithms predict what customers are likely to buy in the future, how much they will spend, and whether they will be profitable for the firm.  The company's strategy focuses on building loyal customers who purchase low margin baby supplies initially, and then buy higher margin items such as car seats, strollers, and the like in the future.  The algorithms not only help predict purchasing patterns, but they enable Diapers.com and its sister sites to market appropriately to different customers.  Perhaps most importantly, the firm can identify which customers will be profitable for the firm.  Thus, they can spend their time catering to the most profitable customers, rather than wasting marketing expenditures on consumers who will be a drain on resources. 

Every company should be thinking about how it can use algorithms to drive performance.  Analytics can be used in a myriad of ways.   However, building a strategy based on big data requires the right talent.  Therefore, firms need to begin thinking carefully about how they will attract, develop, and retain the talent needed to collect and analyze the huge volumes of data that now exist.  Universities need to think about how to educate people for these roles, as demand will be strong.  We need to do more than educate people in mathematics and statistics though.  We need analysts who can understand business models and strategies, and who have a deep understanding of consumer behavior too.   The best analysts will be those who can marry statistical knowledge with a broader understanding of the entire organizational system.  
Read More
Posted in Amazon, analytics, big data, Diapers.com | No comments

Tuesday, December 13, 2011

Amazon's Public Relations Problem

Posted on 8:37 AM by Unknown
Amazon caused quite a stir this week with a new promotion.   They introduced a new "Price Check" smartphone app for consumers.  Individuals could visit a brick and mortar store, check the item's price on Amazon, and then receive a 5% discount (maximum $5 savings) if they purchase that particular item from Amazon.  Now, smartphone apps that enable consumers to check prices elsewhere have existed for quite some time.   Yet, this promotion by Amazon went one step further. It not only enabled price checking, but actually gave a discount to the consumer if they chose Amazon over the brick-and-mortar retailer in which they were shopping at the moment.   That extra step caused a backlash.  Small business owners and advocacy groups expressed outrage at the promotion almost immediately.  Politicians became upset as well.  Maine Senator Olympia Snowe issued a press release in response to the promotion:

"Amazon's promotion - paying consumers to visit small businesses and leave empty-handed - is an attack on Main Street businesses that employ workers in our communities. Small businesses are fighting everyday to compete with giant retailers, such as Amazon, and incentivizing consumers to spy on local shops is a bridge too far...   We should remember that our local restaurants, bookshops, and hardware stores are the economic engines in our communities.  I urge Amazon to cancel its planned promotion, and look for ways to partner with Main Street, not promote anti-competitive behavior that could shutter the doors of America's small businesses." 

What do we make of this situation?  At the end of the day, price checking via smartphones will not be stopped.   It has already begun to transform the way people shop, particularly for pricey electronics.  The prevalence of such price checking will only increase in the future.  Small businesses will not be able to put an end to that phenomenon.  On the other hand, Amazon may have underestimated the extent to which the discount would create a public relations mess.  While the firm states that they were focused mainly on competing with large retail chains, they ended up becoming portrayed as the enemy of small business.  I'm sure that they don't want to be seen in this fashion.  Moreover, the timing doesn't serve them well at all, given that they already face a growing controversy over the sales tax issue.   Given the anti-big business mood of many people at the moment, I'm surprised that Amazon didn't think through the way that this move might feed that sentiment.  Every large firm needs to consider how they might get caught up in that national mood these days.

In the video below, we hear the other side of the story.    Evan Newmark, a Wall Street Journal writer and former Goldman Sachs executive, defends Amazon and criticizes Senator Snowe.

Read More
Posted in Amazon, public relations, small business, Snowe | No comments

Wednesday, July 27, 2011

Free Kindle Version of Book Today!

Posted on 12:45 AM by Unknown
Apparently, my last book - Know What You Don't Know - is available free on Amazon's Kindle today!
Read More
Posted in Amazon, books, Kindle | No comments

Friday, May 27, 2011

Amazon Apologizes for Lady Gaga Error

Posted on 6:11 AM by Unknown
Amazon moved quickly this week to rectify the problem that hindered customers from taking advantage of a terrific deal on the new Lady Gaga album.   On Monday, when Amazon offered Lady Gaga's new album for only 99 cents, customers rushed to download it.  The incredible demand overwhelmed Amazon's systems.  To their credit, Amazon apologized for the error, fixed the problem, and then brought the offer back to its customers on Thursday.   The company deserves credit for learning from its less effective response to its cloud service difficulties just a few weeks ago, when it was slow to acknowledge the problem and apologize to customers.  

The story offers a few key lessons for managers. First, learning from your stumbles and translating that learning into immediate improvement can have a powerful positive effect.  In addition, when you do make a mistake, you have to do three things.  First, you have to acknowledge your error publicly.  Second, you have to fix the problem.  Finally, you have to remedy the situation with your customers when you are sure that you are able to serve them effectively.    Too many companies either are too slow to admit their mistakes, or they rush to make it up to customers when they still aren't ready to offer an exceptional service experience.  Amazon took a couple days to get the problem ironed out before coming back to its customers with the deal on Thursday. 
Read More
Posted in Amazon, apology, Lady Gaga, mistakes, music | No comments
Older Posts Home
Subscribe to: Posts (Atom)

Popular Posts

  • Why Great Leaders Don't Take Yes for an Answer
    Here's a fun video that we produced to introduce readers to the new edition of my book, Why Great Leaders Don't Take Yes for an Answ...
  • The Invisible Gorilla
    Many of you have seen the video posted below.    The exercise is simple.    You ask people to count the number of passes made by people in w...
  • Project Management Podcast
    Andy Kaufman interviewed me recently for his terrific People and Projects Podcast series.   Andy's expertise lies in the field of projec...
  • Employee Recognition: The Yum Brands Way
    Fortune has a feature article this week about David Novak, the CEO of Yum Brands.  The article focuses on the leadership development effort...
  • Traveling Interationally vs. Living Overseas
    Many universities now urge or even require their students to travel internationally as part of their education.  In some instances, students...
  • Incentives for Crowdsourcing
    The Boston Globe reported Sunday on an interesting new Chinese study about crowd sourcing. Professors Zhang and Zhu examined the behavior o...
  • Hiring Unqualified Candidates: Why Do We Make That Mistake?
    Samuel A. Swift and Don A. Moore of the University of California at Berkeley, Zachariah S. Sharek of Carnegie Mellon University, and and F...
  • Business Plans: useful or not?
    Over the past few years, we have heard a great deal of conversation about the inadequacy of traditional business plans.   The lean start-up ...
  • Stop the Charade!
    I continue to be amazed at how many executives get themselves into trouble with their teams by engaging in what my friend and colleague Mich...
  • Are Network Effects Over-rated?
    Nir Eyal and Sangeet Paul Choudary have written an absolutely terrific column for TechCrunch about network effects.  The essay is titled, ...

Categories

  • 3M (1)
  • AARs (1)
  • Abrashoff (1)
  • Accountability (2)
  • acquisitions (10)
  • activist investors (1)
  • admissions (1)
  • advertising (13)
  • advice (1)
  • after-action reviews (1)
  • aging (1)
  • airlines (1)
  • algorithms (2)
  • alignment (1)
  • altruism (1)
  • Amazon (9)
  • ambition (2)
  • American Airlines (1)
  • Amy's Baking Company (1)
  • analysis paralysis (1)
  • analytics (4)
  • Android (1)
  • Andy Kaufman (1)
  • Anheuser Busch Inbev (1)
  • animation (1)
  • anxiety (2)
  • apology (3)
  • apple (8)
  • apps (1)
  • Asch (1)
  • associational thinking (1)
  • Audi (1)
  • auteur (1)
  • authenticity (2)
  • auto industry (1)
  • Avon (1)
  • Baba Shiv (1)
  • bad news (2)
  • bailout (1)
  • bankruptcy (4)
  • Banks (1)
  • Barnes and Noble (1)
  • baseball (1)
  • beer (1)
  • beer industry (1)
  • Ben and Jerry's (1)
  • Bergdorf Goodman (1)
  • Berger (1)
  • Berkun (1)
  • Best Buy (2)
  • Bezos (2)
  • big data (4)
  • Black Friday (2)
  • blades (1)
  • BMW (1)
  • Boards (1)
  • boards of directors (4)
  • bonuses (1)
  • book (1)
  • books (1)
  • BOPS (1)
  • bourbon (1)
  • BP (2)
  • brain research (1)
  • brainstorming (9)
  • brainteasers (1)
  • brand (3)
  • brand dilution (2)
  • brand equity (3)
  • brand extensions (1)
  • branding (4)
  • brands (4)
  • break-up (3)
  • breakup value analysis (1)
  • Brené Brown (1)
  • Bryant University (1)
  • budget (1)
  • Budweiser (1)
  • Build-A-Bear (1)
  • Burger King (1)
  • business class (1)
  • business model (1)
  • business models (1)
  • business plans (1)
  • business school (1)
  • Cadillac (1)
  • CAFE (1)
  • Cain (1)
  • candid dialogue (1)
  • candy (1)
  • careers (3)
  • Carlyle (1)
  • Carnival (1)
  • cash cows (1)
  • cash flows (2)
  • celebrities (1)
  • CEO compensation (3)
  • CEOs (4)
  • Challenger (1)
  • change (3)
  • characters (1)
  • charisma (1)
  • cheating (1)
  • Chevron (1)
  • China (2)
  • chocolate (2)
  • choice (4)
  • Chris Stevens (1)
  • Christensen (2)
  • clutch (1)
  • co-founders (1)
  • coaching (2)
  • Coca-Cola (1)
  • coffee (1)
  • cognitive bias (5)
  • cognitive skills (1)
  • Coke (2)
  • collaboration (4)
  • college (4)
  • college athletics (1)
  • colleges (1)
  • Columbia (1)
  • commencement (1)
  • commencement speech (1)
  • communication (4)
  • compensation (9)
  • competency models (1)
  • competition (2)
  • competitive positioning (1)
  • competitiveness (1)
  • computers (1)
  • concerts (1)
  • conflict (4)
  • conflict management (1)
  • conformity (1)
  • conglomerate (1)
  • conglomerates (2)
  • consumer behavior (3)
  • continuous improvement (1)
  • controversy (1)
  • cooperation (1)
  • core business (1)
  • corporate governance (4)
  • corporate jets (1)
  • Corporate Social Responsibility (1)
  • corporate strategy (1)
  • counterfactual thinking (1)
  • creativity (25)
  • crisis management (1)
  • critical ability (1)
  • CRM (1)
  • crowdsourcing (5)
  • cruise (1)
  • cultural differences (2)
  • culture (6)
  • customer experience (2)
  • customer satisfaction (2)
  • customer service (6)
  • Dan Heath (1)
  • Daniel Pink (1)
  • David Burkus (1)
  • debt (1)
  • deciision making (1)
  • decision making (17)
  • decision-making (15)
  • Deepwater Horizon (1)
  • deliberate practice (1)
  • Delta (1)
  • design (4)
  • design thinking (3)
  • devil's advocate (1)
  • Diapers.com (1)
  • directors (1)
  • dishonesty (1)
  • Disney (3)
  • disruptive technology (8)
  • dissent (4)
  • diversification (7)
  • divestiture (1)
  • dividends (1)
  • Dollar Shave Club (1)
  • doodling (1)
  • Dove (1)
  • Dr. Woody (1)
  • Ducati (1)
  • Duhigg (1)
  • earnings forecasts (1)
  • ecommerce (3)
  • economic growth (1)
  • economies of scale (5)
  • Edmondson (1)
  • education (3)
  • Eisenhower (1)
  • Eisner (1)
  • Electronic Arts (1)
  • email (1)
  • emerging markets (3)
  • emotions (1)
  • employee engagement (4)
  • employee recognition (1)
  • employees (1)
  • empowerment (1)
  • endorsements (1)
  • endowment effect (1)
  • Engagement (2)
  • entertainment (1)
  • entrepreneurship (11)
  • entrerpreneurship (1)
  • ESPN (3)
  • ethics (3)
  • ethnography (1)
  • Etsy (1)
  • European debt crisis (1)
  • Everest (2)
  • evolution (1)
  • execution (1)
  • exercise (1)
  • exit interviews (1)
  • experimentation (4)
  • expertise dissensus (1)
  • experts (1)
  • Facebook (5)
  • faculty (1)
  • Fadell (1)
  • failure (5)
  • Failures (3)
  • fair process (1)
  • Fastenal (1)
  • feedback (1)
  • female leaders (1)
  • filtering (1)
  • financial statements (1)
  • first mover advantage (1)
  • flattery (1)
  • flocking (1)
  • focus groups (1)
  • Ford (3)
  • freemium (2)
  • Friendly's (1)
  • fuel economy (1)
  • furniture (1)
  • Gallup (1)
  • game theory (3)
  • games (1)
  • gaming (1)
  • Gap (1)
  • gatekeepers (1)
  • GE (1)
  • gender bias (2)
  • gender differences (1)
  • Gillette (1)
  • Gilt Groupe (1)
  • global (1)
  • globalization (2)
  • GM (1)
  • goals (2)
  • Goodreads (1)
  • Google (6)
  • gossip (1)
  • governance (5)
  • graduates (1)
  • graphic facilitators (1)
  • Great Courses (2)
  • grit (1)
  • grocery (1)
  • ground rules (1)
  • group dynamics (9)
  • Groupon (1)
  • groups (4)
  • groupthink (3)
  • growth (3)
  • guilt (1)
  • Hackman (1)
  • Halvorson (1)
  • happiness (1)
  • Hasbro (1)
  • HBS (1)
  • health care (2)
  • Heath brothers (1)
  • Henry Stewart Talks (1)
  • heuristics (1)
  • hierarchy (2)
  • high achievers (1)
  • higher education (2)
  • Hilton (1)
  • hiring (6)
  • Home Depot (1)
  • Homeboy Industries (1)
  • Honda (1)
  • House of cards (1)
  • HP (4)
  • HR (1)
  • human resources (27)
  • Iams (2)
  • IBM (1)
  • ice cream (1)
  • IDEA (1)
  • IDEO (1)
  • Iger (1)
  • IKEA (1)
  • Improv (2)
  • inattentional blindness (1)
  • incentives (5)
  • India (1)
  • industrial policy (1)
  • industry structure (2)
  • inflation (1)
  • influence (1)
  • information overload (1)
  • Information sharing (2)
  • innovation (40)
  • Instagram (2)
  • insurance (1)
  • intellectual property (1)
  • international (1)
  • internet (2)
  • internet privacy (1)
  • interviews (6)
  • intrinsic motivation (1)
  • introverts (2)
  • Intuit (1)
  • intuition (1)
  • investors (2)
  • invisible gorilla (1)
  • IPO (3)
  • iPod (1)
  • IRS (1)
  • Isaacson (1)
  • Iyengar (1)
  • J.C. Penney (3)
  • Japan (5)
  • JC Penney (3)
  • JetBlue (1)
  • Jimmy Kimmel (1)
  • Job interviews (1)
  • job search (1)
  • Jobs (6)
  • Johnnie Walker (1)
  • joint ventures (1)
  • Jon Stewart (1)
  • Keith Sawyer (1)
  • Keurig (1)
  • Kindle (1)
  • Kodak (1)
  • Korea (1)
  • Kraft (1)
  • labor markets (1)
  • Lady Gaga (1)
  • Lafley (1)
  • Lampert (1)
  • LDRLB (1)
  • leadership (80)
  • leadership development (12)
  • leadership transitions (1)
  • lean startup (2)
  • learning (7)
  • Lego (1)
  • Lenovo (2)
  • lifetime value of a customer (1)
  • Lincoln (1)
  • Little Bets (1)
  • Loeb (1)
  • logistics (1)
  • lone genius (1)
  • Long Tail (1)
  • loss aversion (1)
  • LTV (1)
  • Lululemon (1)
  • Maker's Mark (1)
  • management by walking around (1)
  • manufacturing (1)
  • marginal cost (1)
  • market research (2)
  • market share (1)
  • marketing (22)
  • marketing research (1)
  • marketing to children (1)
  • Marriott (1)
  • Mattel (1)
  • MBWA (1)
  • McDonald (1)
  • McDonald's (1)
  • McKinsey (1)
  • media (2)
  • meetings (3)
  • Memorial Day (1)
  • mentorship (2)
  • mergers (4)
  • metrics (2)
  • Michael Porter (1)
  • Michigan Fish Test (1)
  • Microsoft (1)
  • Microsoft Surface (1)
  • military (1)
  • milkshake test (1)
  • millenials (1)
  • mission (1)
  • mistake (1)
  • mistakes (2)
  • mobile (2)
  • Monster (1)
  • Montgomery (1)
  • moral behavior (1)
  • moral standards (1)
  • motivation (7)
  • motorcycles (1)
  • Motorola (1)
  • movies (1)
  • Mulally (1)
  • Mullaly (1)
  • multinationals (1)
  • multitasking (1)
  • Murdoch (1)
  • music (1)
  • Myth of the Garage (1)
  • narcissism (3)
  • narratives (1)
  • NASA (2)
  • Navy (1)
  • NCAA (1)
  • negotiation (1)
  • negotiations (1)
  • Net Promoter Score (1)
  • NetFlix (7)
  • network effects (2)
  • neuroscience (1)
  • new groupthink (1)
  • New manager (1)
  • New product development (1)
  • News Corp (1)
  • NFL (1)
  • Nike (1)
  • noble profession (1)
  • Nokia (1)
  • non-compete agreements (1)
  • Nook (1)
  • Nordstrom (1)
  • Nutella (1)
  • observation (2)
  • off-price retail (1)
  • Office Depot (1)
  • office supplies (1)
  • OfficeMax (1)
  • oil (1)
  • oil industry (1)
  • oil spill (2)
  • Old Milwaukee (1)
  • Olympics (3)
  • online dating (1)
  • online marketplace (1)
  • online shopping (1)
  • Orbis (1)
  • Oreo (1)
  • organic growth (1)
  • organization structure (1)
  • organizational structure (2)
  • overconfidence (1)
  • packaging (1)
  • Paul Levy (1)
  • PC (1)
  • Pepsi (2)
  • performance evaluation (3)
  • peripheral knowledge (1)
  • personal brand (1)
  • personality (2)
  • personalization (1)
  • persuasion (2)
  • Piskorski (1)
  • Pixar (2)
  • Planet Fitness (1)
  • politics (1)
  • Postal Service (2)
  • power (2)
  • Power of Habit (1)
  • Powerpoint (1)
  • premium (1)
  • presentations (3)
  • prevention focus (1)
  • price (1)
  • pricing (6)
  • pricing strategy (1)
  • private equity (2)
  • private label (1)
  • problem finding (2)
  • problem solving (1)
  • problem-finding (2)
  • process losses (1)
  • processes (1)
  • Proctor and Gamble (6)
  • product design (1)
  • productivity (3)
  • professors (1)
  • project management (1)
  • promotion (1)
  • promotion focus (1)
  • promotions (1)
  • protege effect (2)
  • prototypes (2)
  • psychology (1)
  • public relations (3)
  • public speaking (4)
  • purpose (1)
  • quality (3)
  • questions (2)
  • Qwikster (3)
  • Rasmussen (1)
  • razors (1)
  • reality TV (1)
  • reasoning (1)
  • recessions (1)
  • recognition (2)
  • recommendations (1)
  • Red Cross (1)
  • Redbox (1)
  • reference checks (1)
  • reflection (1)
  • regulation (1)
  • reputation (1)
  • research (3)
  • Research and development (1)
  • resource allocation (1)
  • restaurants (1)
  • retail (29)
  • retailers (1)
  • retention (3)
  • reviews (1)
  • rewards (2)
  • Richard Branson (1)
  • risk (7)
  • risk-taking (2)
  • rock and roll (1)
  • Ron Johnson (1)
  • rules of thumb (1)
  • safety (2)
  • salary negotiations (1)
  • Saturday Night Live (2)
  • scandal (1)
  • scarcity (1)
  • Schulze (1)
  • search (1)
  • Sears (4)
  • SEC reporting (1)
  • See's Candies (1)
  • self-confidence (1)
  • self-control (1)
  • serendipity (1)
  • serotonin (1)
  • severance (1)
  • shame (1)
  • Sharknado (1)
  • shopping (1)
  • simulation (2)
  • Skanska (1)
  • Skechers (1)
  • small business (1)
  • small wins (1)
  • smartphones (2)
  • SNL (3)
  • Snooth (1)
  • Snowe (1)
  • social currency (1)
  • social enterprise (1)
  • social gaming (1)
  • social influence (2)
  • social media (14)
  • social networks (1)
  • soda (1)
  • solar power (1)
  • Solyndra (1)
  • Sony (1)
  • speaking up (2)
  • speed (1)
  • spinoff (1)
  • spinoffs (1)
  • sports radio (1)
  • Stand-up Economist (1)
  • Stanford (1)
  • Staples (2)
  • Starbucks (6)
  • start-ups (1)
  • startups (6)
  • status (3)
  • Steelcase (1)
  • Steve Jobs (2)
  • stock options (1)
  • stories (1)
  • storytelling (1)
  • strategic planning (1)
  • strategy (41)
  • stress (2)
  • substitutes (1)
  • succession (5)
  • supermarkets (1)
  • supply chain (1)
  • surveys (1)
  • Susan Cain (2)
  • switching costs (1)
  • synergies (2)
  • synergy (1)
  • talent (2)
  • talent management (9)
  • talent retention (1)
  • Target (3)
  • target market (1)
  • taste test (1)
  • teaching (3)
  • team dynamics (9)
  • team scaffolds (1)
  • teaming (1)
  • teams (24)
  • technology (2)
  • TED (2)
  • telecommuting (1)
  • television (1)
  • tennis (1)
  • test (1)
  • Thanksgiving (1)
  • The Daily Show (1)
  • Ticketmaster (1)
  • Time management (2)
  • Timothy Judge (1)
  • Tina Fey (1)
  • TJX (1)
  • top management teams (2)
  • Toyota (1)
  • toys (2)
  • tradeoffs (2)
  • transaction costs (1)
  • Triumph (1)
  • trust (1)
  • tuition (1)
  • tuition bubble (1)
  • turnaround (2)
  • turnover (1)
  • TV (2)
  • Twitter (5)
  • Tyco (1)
  • Uber (1)
  • Unbroken (1)
  • uncertainty (1)
  • Uniqlo (1)
  • universities (3)
  • university (1)
  • Unlocking the Truth (1)
  • unrelated diversification (1)
  • user-generated content (1)
  • USS Greeneville (1)
  • vacation (1)
  • valuation (1)
  • Values (2)
  • venture capital (1)
  • vertical integration (7)
  • video games (3)
  • Vine (1)
  • VIPs (1)
  • viral (1)
  • viral marketing (1)
  • Virgin Atlantic (1)
  • virtual teams (1)
  • vision (2)
  • volatility (1)
  • Vosques Haut-Chocolat (1)
  • wait times (1)
  • Wal-Mart (1)
  • Warren Buffett (2)
  • Washington Post (1)
  • Wharton (1)
  • Whitman (1)
  • Why Great Leaders Don't Take Yes For an Answer (2)
  • Will Ferrell (1)
  • wine (2)
  • wisdom of crowds (1)
  • work (2)
  • work ethic (1)
  • workspace (1)
  • Yahoo (1)
  • Yelp (1)
  • Yum Brands (2)
  • Zamperini (1)
  • Zuckerman (1)
  • Zynga (2)

Blog Archive

  • ▼  2013 (126)
    • ▼  August (7)
      • Project Management Podcast
      • Budweiser: Can It Go Global?
      • Break Up the Washington Post Corporation
      • Why Great Leaders Don't Take Yes for an Answer
      • Employee Recognition: The Yum Brands Way
      • Hiring Unqualified Candidates: Why Do We Make That...
      • The Invisible Gorilla
    • ►  July (21)
    • ►  June (15)
    • ►  May (17)
    • ►  April (16)
    • ►  March (14)
    • ►  February (17)
    • ►  January (19)
  • ►  2012 (219)
    • ►  December (14)
    • ►  November (17)
    • ►  October (19)
    • ►  September (16)
    • ►  August (12)
    • ►  July (22)
    • ►  June (18)
    • ►  May (24)
    • ►  April (24)
    • ►  March (17)
    • ►  February (17)
    • ►  January (19)
  • ►  2011 (155)
    • ►  December (17)
    • ►  November (19)
    • ►  October (24)
    • ►  September (26)
    • ►  August (17)
    • ►  July (22)
    • ►  June (23)
    • ►  May (7)
Powered by Blogger.

About Me

Unknown
View my complete profile