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by Alan Hargreaves



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Entries in business tactics (5)

Monday
Jul292019

Shopping for change

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Three simple questions

My first home was the flat above my father’s store in a  modest working class suburb. What was good about it? Everyone knew everyone; the railway station was across the road; if you wanted to buy something, it was around the corner. In short, community, connectivity and convenience.

Not much happens there now. Online shopping has eroded retail. People connect more on the net than in person. If you want to shop, the nearest mall is a better option. 

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Tuesday
Sep262017

The simplest growth strategy

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Copy and paste

My feet are abnormal. They’re flat, wide, and aging. I use orthotics to ease the pain. Shoe shopping is difficult but I’ve narrowed my choice of stores to Athlete’s Foot and Skechers. There may be others but these two have what I want.  

What’s more, they're international. If I forget to pack my ideal shoes, I can buy them in most countries. My needs can’t be that abnormal because both chains are global successes. There are 1,700 Skechers in 160 countries. The equivalent numbers for Athlete’s Foot are 483 across 27 nations.

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Tuesday
Jul122016

The risk of avoiding risk

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Playing it a little bit unsafe

Ever look back and wish you’d spoken up? I remember times when it may or may not have helped. It would, however, have been good for me. You tend to take on some shame when you hide. It’s the opposite of empowering.

You see this in business disruption. Things are ticking over pretty well but you know it’s changing out there. An alternative product might make sense. Trouble is, you don’t want to mess up a good situation. You hang on to your current offering for fear of cannibalising your success. 

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Tuesday
Jun172014

The upside of your limitations

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Focus is as important as effort.

There are infinite ways to improve your life. Trying to do them all is a recipe for underperformance. Success often comes down to doing a small number of things extremely well.

Business is no different. Quality rather than quantity makes customers come back for more. What you do is what they want.

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Tuesday
Apr222014

Strategy Vs Tactics

Optimizing your business and your life.

Vislon, purpose, mission, goals. They are big words and there’s value in all of them. But once you’ve worked them out, nothing will happen without action. It’s where strategy and tactics come in. You need both.

What’s the difference between the two?

Strategy is a plan designed to accomplish the end result. Tactics are the procedures that implement the plan.

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