The latest from Prosper Now’s Blog on Forbes.com…
I read an article two weeks ago reporting on the challenges faced by a CEO of a big box retailer. At the annual analyst meeting, the CEO identified some challenges that contributed to flat same store sales for the last six quarters. Issues contributing to lackluster growth were:
- Changes in shopper behavior resulting from online research and shopping
- Shoppers’ desire to shop at smaller stores.
The solution he offered to analysts was to speed up checkout lines. While this is a worthy tactic, continue reading…
Why The C-level Needs To Rethink Their Strategic Management Process