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jerryking : wharton   13

Hard Lessons (Thanks, Amazon) Breathe New Life Into Retail Stores
Sept. 3, 2018 | The New York Times | By Michael Corkery.

Barbara Kahn, a marketing professor and former director of the retailing center at the Wharton School, has written “The Shopping Revolution” describing the disruption in the retail industry.

It may be too early to declare the death of retail. Americans have started shopping more — in stores. From the garden section at Walmart to the diamond counters at Tiffany & Company, old-school retailers are experiencing some of their best sales growth in years....Stores that have learned how to match the ease and instant gratification of e-commerce shopping are flourishing, while those that have failed to evolve are in bankruptcy or on the brink....Amazon has forever changed consumer behavior....Many successful stores are now a cross between a fast-food drive-through and a hotel concierge......Doomsayers have predicted that online shopping, led by Amazon, would one day conquer all of retail, rendering brick and mortar obsolete....But the pace of closings has slowed, as the most unprofitable stores have been culled and the weakest companies have collapsed....Far from retrenching, many retailers are expanding their physical presence or spending billions to overhaul existing stores......Many of the new stores are supposed to be all things to all shoppers — what the industry calls an “omni-channel” experience.

Customers can order online and pick up at the store. They can order online and have their purchases delivered home, in some cases, on the same day. Or they can visit the store
Amazon  BOPIS  bricks-and-mortar  consumer_behavior  e-commerce  home-delivery  instant_gratification  lessons_learned  omnichannel  retailers  revitalization  same-day  store_closings  Target  Tiffany  books  Wharton 
september 2018 by jerryking
Forget Endorsements: Sports and Entertainment Stars These Days Want Equity - Knowledge@Wharton
$40 Million Slaves by William C. Rhoden, a sportswriter for the New York Times. Rhoden argues that superstar African-American athletes have failed to take advantage of their opportunities to become self-made entrepreneurs, and that integration actually damaged — in the short-term, anyway — the possibilities for black coaches, trainers and even agents.
entertainment_industry  athletes_&_athletics  self-made  African-Americans  endorsements  economic_empowerment  equity  long-term  Wharton  conferences  books  superstars 
may 2016 by jerryking
Q&A: Tips From a Serial Job Interviewer - At Work - WSJ
Jun 10, 2014| WSJ |By ADAM RUBENFIRE.

WSJ: Over the course of 100 interviews, you’ve been asked a lot of questions. Which ones caught you by surprise?

Faruqi: The ones that caught me by surprise were the ones that were either really good or really bad. Some of the best that I’ve been asked were: “What values did you grow up with? What makes you proud of who you are?” Also, “What’s the most exaggerated point on your résumé?”
interview_preparation  job_search  questions  interviews  hiring  financial_services  Wall_Street  Wharton  alumni 
june 2014 by jerryking
Wharton Applications Drop 12% Over Four Years - WSJ.com
September 26, 2013 | WSJ | By MELISSA KORN
Wharton Applications Drop 12% Over Four Years
Business-School Experts and Students Say School Has Lost Its Luster
Wharton  admissions  business_schools  MBAs 
september 2013 by jerryking
Wharton start-up CommonBond extends loans to 20 US MBA courses - FT.com
September 4, 2013 2:00 pm
Wharton start-up CommonBond extends loans to 20 US MBA courses

By Adam Palin
crowdsourcing  crowdfunding  Wharton  start_ups  MBAs  business_schools 
september 2013 by jerryking
Eight Principles of Strategic Wealth Management
August 09, 2006 | Knowledge@Wharton | by Stuart E. Lucas.
1. Take charge and do it early.
2. Align family and business interests around wealth-building goals and strategies.
3. Create a culture of accountability.
4. Capitalize on your family's combined resources.
5. Delegate, empower, and respect independence.
6. Diversify but focus.
7. Err on the side of simplicity where possible.
8. Develop future family leaders with strong wealth management skills.
wealth_management  rules_of_the_game  Wharton  personal_finance  wealth_creation  accountability  strategic_thinking  leadership_development  simplicity  JCK  business_interests  family_interests  diversification  focus  Michael_McDerment  aligned_interests 
august 2012 by jerryking
Upper Class: Why the Rich Are Heading Back to School - WSJ.com
January 17, 2007 | WSJ | By RACHEL EMMA SILVERMAN.
Upper Class: Why the Rich Are Heading Back to School
As Managing Wealth Grows More Complex, Many Seek To Sharpen Financial Savvy
high_net_worth  wealth_management  estate_planning  Wharton  family_office  education  financial_literacy  personal_finance 
august 2012 by jerryking
Positive Thinking
January 31, 2011 | Financial Times | Andrew Baxter.
Rwanda  Africa  Wharton  Monitor  management_consulting  positive_thinking 
august 2012 by jerryking
Is There Big Money in Big Data?
May 3, 2012 | Technology Review | By Lee Gomes.
Is There Big Money in Big Data?

Many entrepreneurs foresee vast profits in mining data from online activity and mobile devices. One Wharton business school professor strongly disagrees.
massive_data_sets  data  contrarians  skepticism  Wharton 
may 2012 by jerryking
Meet The Wealth Builders Of The Developing World
09.17.10| Knowledge@Wharton via Forbes.com | Animal feed in
Zambia. Cookies in South Africa. Medical records systems in Botswana. Peanut processing in sub-Saharan Africa and Latin America. In regions scarred by intractable poverty, innovative programs to build new sources of wealth through these four businesses are providing lessons for entrepreneurs hoping to create new markets and economic opportunity. In a paper titled, "Business Models: Creating New Markets and Societal Wealth," leaders of Wharton's Societal Wealth Program (WSWP) outline the critical elements of entrepreneurial wealth building based on nearly 10 years of field research supported by Wharton alumni.
wealth_creation  3rdWorld  entrepreneurship  Africa  Wharton  business_models  sub-Saharan_Africa 
september 2010 by jerryking

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