-
Wal-Mart is quietly transforming into a go‑green leader
Danielle Manley RetailA major issue for corporations today is sustainability and reducing impact on the environment. But one company focusing on sustainability may surprise you: Wal-Mart.
-
Help wanted: 3 ways to minimize new-hire risk
Catherine Iste Business Management, Services & Risk ManagementGreat news: Companies are hiring again. In fact, today's Labor Department numbers show unemployment in the U.S. falling to 6.3 percent — the lowest figure since September 2008. But with each new hire comes threats to the organization's integrity.
-
10 negative employee behaviors that undermine success
Greg L. Alston Business Management, Services & Risk ManagementAs managers, we expect the best behavior from each member of our team all the time. But in the real world of business, how do you know when someone is damaging the success of your enterprise? How do you know when to cut someone some slack or terminate their employment?
-
How do I compete with the big boys?
Harry J. Friedman RetailYou know the expression: "If I had a dollar for each time someone ..." Well, here's my version of that daydream. If I had a dollar for every time someone asked me how to compete with the big boxes, Internet, discounters, etc., I'd be on an island somewhere. Heck, I'd own the island.
-
What CrossFit teaches us about pricing
Marc Wayshak MarketingWalk into any CrossFit gym, and you'll probably hear loud music blasting over the grunts of CrossFitters pushing their bodies well past what most would consider possible. Regardless of your athletic ability, though, CrossFit has a few lessons in store for you. In fact, all small business owners would be wise to learn a thing or two about pricing from the CrossFit business model.
-
Franchisee tenants: Dealing with deposits and guaranties
Dale Willerton and Jeff Grandfield RetailWhile landlords often ask for security deposits and/or personal guaranties on commercial leases, neither is mandatory or legally required. As a franchisee tenant, you should know that these can be negotiated.
-
It’s time to pay your employees to quit — Will you do it?
Robin Throckmorton Business Management, Services & Risk ManagementFollowing in the footsteps of Zappos, Amazon recently implemented its own "pay to quit" program to find out just how happy its employees are. In a nutshell, Amazon is offering up to $5,000 to employees to quit, with hopes that they won't take it. Amazon has realized the value of having employees who want to work for the company and gives those who don't a way out.
-
The 3 types of prescription errors
Greg L. Alston PharmaceuticalThere is not now, nor will there ever be, an error-free human system or process. As a pharmacist with 35 years of management experience, I have dealt with employee prescription errors for a long time in the real world of community practice. And here is how I have chosen to frame them.
-
Does your business suffer from PMS?
Greg L. Alston RetailNo, I am not talking about the condition that women encounter once a month. What I am talking about is the devastatingly destructive force created by a series of bad assumptions known as the parallactic myth syndrome (PMS).
-
Customer behavior tracking takes another step
Danielle Manley RetailTracking customer behavior is nothing new. Mobile technology and GPS devices have allowed for targeted advertising and marketing. However, retail establishments are now taking it one step further: using video-recording systems to track and analyze customer behavior.
All Retail Articles