Category: Strategic Uses
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Does Online Commerce Strategy Mimic Traditional Retailing?
When you were a child, remember Highlights Magazine? To the Hidden Picture article? To find something inside the graphic? A recent Wall Street Journal article said that “retailers have been stealing ideas from online rivals about how to run websites for years.” That may be true, but online (especially pure play companies) have been doing…
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Politics and Hershey Chocolate, Smartphones are Here!
Chocolate is one of the most popular items that people enjoy eating. Total sales of chocolate in the United States is approximately $20B with per capita consumption of chocolate is about 12 pounds per year. So what does this have to do with smartphones? Mobile Phone Adoption Well, a new report on mobile phone use has…
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Bitcoins: Trust, Security and Competition in the Horizon
In “Bitcoin or BitConcerned“, I discussed some concerns about the fast-rising currency site Bitcoin. I know that there have been several articles about people that have lived on Bitcoins … for a 24 hours, a week or longer. Giving (or attempting) to give the new initiative some credibility in real life. I assume that it…
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Tech Thoughts for 2016 — Sensible Data & IoT
Kept you guessing on the next two thoughts? Well here is the continuation of Tech Thoughts for 2016. Now for the next two. The first blog in the series can be viewed by clicking here. 3. Big data will become sensible data to pan for gold. The term “big data” has become such a phenomenon. I have…
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Tech Thoughts for 2016 — Content & VDoC
Those of us born before 1985 have seen the rapid escalation of technology advancement. The smartphone, that you take for granted in your purse or pocket, provides more access to data to you now than CEOs and the President of the United States had in 1985. Electricity reached 90% of US households in 45 years … but…
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Technology Disruption Cuts the Razor Blade Strategy
In business schools, we teach various concepts that are important. Recently, a former student contacted me about a new venture idea. After listening to him discuss the specifics of the business model, I could not help but think of Porter’s Five Forces concepts; specifically supplier/customer lock-in. When I integrated that concept into his venture as…
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One Small Step for Facebook, One Giant Leap for Media Companies’ News Content
One Small Step for Facebook, One Giant Leap for Media Companies’ News Content Facebook Hosting News Sites’ Content is Bad News for News Sites but will be Necessary Given the Power of Facebook Robert Clement, Bryant University, MBA523 I recently read an article titled, “Facebook May Host News Sites’ Content” which discusses Facebook potentially hosting…
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Fatalistic Project Management and Cheap Shoes!
At the early stages of my career, I never understood the value of buying a high-quality pair of shoes for business attire. Figuring that “low cost alternative” was the best value. Then, I read the opinion article from ComputerWorld (May, 19, 2014) titled “A Project Staffing Worst Practice” and had a time warp. Government at…
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Teaching Technology: Or Educating for Value Generation
Read my blog post and classroom ‘flip’ about RetailMeNot at http://blog.cengage.com/teaching-technology-educating-value-generation/.
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Amazon: Started with Books, Finish with None
For years, I would always refer to Walmart as the king of retailing. For those in Rhode Island that remember Ann & Hope, there are a few stories about how Sam Walton pioneered his retail empire after Ann & Hope, a Rhode Island-based retailer. If you are from the RI and older the 40, you…