I wish I had a dollar for every time I heard a retail ICT leader describe himself as “a fast follower.”
Must admit – at least at first blush – there is a lot to admire about fast followers.
They’re risk averse. Not given to over-hyped fads (especially RFID). Careful with the budget. They’re don’t make a scene in management meetings, and accept with a nod the usual flat-to-five-percent down allocation.
And, of course, they’re certainly smart enough to catch up quickly to any big innovation the competition might bring to the industry.
Which leads us to the issue for fast followers in today’s retail climate: Who, specifically, do you follow?
Is it your traditional competition? Circuit City for Best Buy? May Co. for Macy’s? (Oops – guess not.)
Is it the new competition? Amazon for Best Buy? Amazon for Macy’s?
Is it the new tech-shaped shopper? Facebook? Twitter? Smart phones? Does a Best Buy follow Google? Macy’s follow Apple?
In a retail world that is being completely re-shaped by digital commerce and personal technology, by product commoditization and globalization, the old rules simply don’t apply.
Fast follower? In this day and age, that means simply being a follower. And nothing more.
(To subscribe to this blog by email or RSS feed, visit the bottom right of this page.)
Tags: Cisco, follower, IBSG, leadership, retail, retailing
Brian Dickinson is an engineer at Cisco.
For many of us, we consider him a friend. When he decided he was going to climb Mt Everest as part of his personal mission to climb the Seven Summits, we collectively gasped. The danger involved was daunting and while we knew he was a tough ex-Navy guy, he’s also a husband and father and good friend!
Brian wanted to document his progress and allowed us to talk with him over a series of three WebEx events. When things started, we all had no idea the challenges he would face during his actual climb. We started out talking to him at sea-level from his home in Snoqualmie, WA. He shared his motivation, hopes and dreams about the climb.
Being a “Cisco guy” he also had a tech strategy for his trip. Read More »
Tags: Brian Dickinson, Extreme, leadership, Mt Everest, Recording, sports, WebEX
Together@WebEx is a terrific resource with on-demand WebEx recordings from a host of leaders and trainers focusing on a number of topics.
Today, we are focusing on leadership. The webinars below are free and accessible at any time so you can listen to them at your convenience. You do not need a WebEx account to view these recordings.
Watch How to be a Great Leader: Five Key Attributes
Most organizations have enjoyed lower turnover over the last several quarters, yet retention is still top of mind as the economic recovery continues. “Great leaders keep great people” is an easy idea to agree on, but how to identify and develop great leaders is a difficult question to answer. The discussion includes five specific attributes that differentiate great leaders from Read More »
Tags: Inder Sidhu, leadership, Recordings, Together@WebEx, WebEX
Sheryl Sandberg speaking at PBWC
“Opportunities are handed to people who reach for them. In those quiet moments when you’re not sure, take a deep breath and go for it.” Sheryl Sandberg, Chief Operating Officer of Facebook, spoke at the Professional Business Women of California Conference in San Francisco last week.
She covered many of the topics she covered in her famous TED talk on Why We Have Too Few Women Leaders; among them, how men will put themselves forward more than women, even if they have the same ability. She encouraged attendees to be more aggressive about reaching for opportunities, as women tend to underrate themselves.
Sandberg also spoke about how a doctor changed his teaching style after hearing her speak. Read More »
Tags: diversity, engagement, inclusion, Inclusion and Diversity, leadership, pbwc, women
If you don’t know where you’re going, you’re chances of getting there are a lot lower.
Here’s your chance to get help. On May 19, expert Jesse Lyn Stoner will explain how to create a blueprint for achieving personal success.
Register here for this free WebEx event.
Setting a clear vision for yourself is the first step. Then, once you know where you are going, you can set team and organizational goals that align everyone to maximize your effectiveness. In this WebEx, you’ll learn: Read More »
Tags: Career, event, Ken Blanchard, leadership, management, Personal Performance, Together@WebEx, WebEX