Talking about change in family-run retail businesses which are running for generations opens up a can of possibilities from the perspective of change management. Change management in family-run retail businesses may include imparting training and development to...
In plain words, predictive analytics is the process of forecasting and estimating the course and direction of future trends and events with the use of statistical tools and methodologies. In retail, predictive analytics is used to forecast consumer behaviour in the...
Ever wondered what it be would like that you are walking past one of your favourite bookstores (with no intention of dropping by) and suddenly you get a notification on your smartphone about the arrival of the new novel (in that bookstore) that you’ve been...
As rightly quoted by Mr Mark Sanborn, famous leadership speaker -“Your SUCCESS isn’t based on your ability to change. It is based on your ability to change faster than your competitors!” Today, every 03 years, the technique of doing any business changes &...
The organized retail trend started in India in 1999 with the launch of its first ever mall called “Ansal’s Plaza” in Delhi, which was followed by “Crossroads” in Mumbai & “Spencer Plaza” in Chennai. Until the end of 2002, only three shopping malls existed in...
Process Audit KNOW YOUR BUSINESS. MEASURE YOUR PROCESSES Conducting an audit is perhaps the most effective way to gain insight into the inner workings of your business. An audit will help you identify strong points and areas of weakness within your business, making it...
