“America still has the right stuff to thrive. We still have the most creative, diverse, innovative culture and open society – in a world where the ability to imagine and generate new ideas with speed and to implement them through global collaboration is the most significant competitive advantage.” – Thomas Friedman (Friedman, 2017)
When I read your discussion, I thought about the above-listed quote from New York Times Journalist Thomas Friedman on Competitive Advantage. While reading your discussion, words like ‘Restructure,' ‘Reprioritize,' and ‘Impactful’ jumped off the page to me. All in all, Survival - being the key element in the mission to maintain the life of the Sears Holdings Corporation. Your group highlighted
the fact that “strategic actions had to take place to increase the company’s financial flexibility to improve long-term performance” in the current retail market. Qualities like ‘Reputation,' ‘Trust,' and ‘Loyalty’ were of the utmost importance in building a strong network to drive the restructuring plan of Sears. The implementation of technology had an impactful influence on the business, creating more options for consumers in a proactive market.
Excellent work and I look forward to seeing your future presentation.
ONWARD!
Ty Pope
Works Cited
Friedman, T. (2017, July 27). Thomas Friedman. Retrieved from BrainyQuote.com: https://www.brainyquote.com/quotes/quotes/t/thomasfrie655280.html