Category Archives: Retail & Business
The ‘I’ In ‘Team’ (Kenan-Flagler Business School)
Imagine you have a critical but complex business problem. You put together a cross-functional team — Harry from finance, Jane from marketing, Sydney from R&D, Patrick from HR and Catherine from sales – to address it.
You give the group three months to develop recommendations and report back to you. They have a common goal, but the team could be derailed – or be less effective – if members fail to put team priorities ahead of their personal goals.
R&B Exclusive: Chicago Booth’s P. K. Chintagunta Discusses India’s E-commerce Industry With CRII’s Retail & Business
Professor Pradeep K. Chintagunta is the Joseph T. and Bernice S. Lewis Distinguished Service Professor of Marketing at University of Chicago Booth School of Business.
He is currently an advisory editorial board member of Marketing Science, apart from being the Editor of Quantitative Marketing and Economics. Named as Chicago Booth’s topmost professors by BusinessWeek, Professor Chintagunta is considered amongst the world’s leading experts in his field. He is the recipient of the Hillel J. Einhorn Award for Excellence in Teaching.
Professor Chintagunta fielded multiple queries from CRII’s Retail & Business recently and provided compelling responses on India’s e-commerce industry and the path it may follow in the coming future. Some excerpts of the insightful interview are provided below:
R&B Exclusive (CRII E-Talk Series): “Regulation Is Not Something We Should Be Worried About!” Saurabh Kochhar, CEO, Foodpanda (India)
Foodpanda has been one of the leading, innovative disruptors in the global online food delivery value chain. Their differentiators have included not only their unique positioning, but also the speed with which they have replicated their business model across the globe.
The Germany-based Foodpanda first launched operations in Singapore in early 2012 and had already opened its operations in India by the end of that year. It has right now expanded to over 40 countries, with India being perchance the most important online marketplace for the Rocket Internet backed firm.
Kartik Narayan and Rushil Khanna from CRII’s Retail & Business met up with Saurabh Kochhar, CEO, Foodpanda India as a part of the CRII E-Talk Series.
R&B Special Feature: Empathy: The Brand Equity Of Retail (Harvard Working Knowledge)
There’s a famous line from the movie The Godfather, which is often repeated in corporate settings: “This is business, not personal.” Ironically, though, that statement is actually bad business advice.
During the Consortium for Operational Excellence in Retailing (COER) conference held May 10-11 at Harvard Business School, professor Ananth Raman discussed the importance of empathy in customer-facing business.
R&B Special Feature: The Skills That Make Entrepreneurs Extraordinary (Stanford Graduate School of Business)
They included the founders of Google, eBay, and Gilt Groupe.That got Wilkinson, a fellow in the White House Trade Office at the time, thinking. She wondered what had made these entrepreneurs successful when so many others had failed.
R&B Special Feature: Creating Value by Awakening a Sleeping Brand (China Europe International Business School)
When I first read about Pearl River Piano, it was a story about an acquisition of a famous German piano maker named Ritmüller that helped Pearl River to advance in the premium segment. Yet, there was a little problem: Ritmüller was supposed to be from the city of Göttingen and even though I had lived there for five years, I had never heard the name. So, I called an expert on the German music industry, and he hadn’t heard about the company either. Now I was intrigued, and did what professors do when the facts don’t fit: I dug into the archives. It turns out the real story is much more interesting.