Impactful Insights

Archived Posts: June 2014

GAP Analysis - Another Issue Goes Unresolved!

A Gap Analysis is the single most important collection of information about any company's new initiatives or strategies current execution of existing strategies or shedding light on potential problems within the organization, a GAP Analysis can provide great information. The GAP can also assist in determining how comfortable the team is with the company’s current model for going to market and business being lost as a result of weaknesses among organizational structure. In addition, it identifies if the organization is performing as it should be and then can identify what must be done in order to achieve the full potential of the organization. Bottom line is whether all involved are on the same page.

As I mentioned before, there are often many issues that go unresolved when a GAP Analysis is conducted. Well, what about the training gap that we often are confronted with in new initiatives? When a new initiative is launched, it can be taken for granted that the team is prepared and ready. But are they ready, or do we want them to be ready? Given any initiative, when led by the organization's own project manager, it is expected to be a success. However, more so is the initiative expected to produce benefits, streamlined processes and results. Leave out the training piece and this could spell disaster. Leave out monitoring for results and it can spell financial ruin- lost sales, profits or possible even resources.
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Funny Friday: You Can’t Believe...These Quotes!

It’s Friday! Time for a Funny Friday post: You can’t believe some of these quotes!

I had gone searching for the truth, and found facts instead. I hate that.
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Thinking Outside The (Convenience Store) Box

As a c-store industry professional, you probably live, breath and eat convenience stores in addition to working in the industry. And I’m sure (because you’re reading this post) you try to keep up on the latest news and information about the channel. We are fortunate to have several excellent sources of information in the form of the trade associations, magazines, websites, electronic newsletters, email alerts and RSS feeds.

And while you’re probably already feeling “information overload” I’m going to suggest you look at additional information but not from within the c-store channel. I’m referring specifically in this post about the supermarket channel but you could and should also consider mass and drug and even other forms such as bookstores and electronics retailers. Why?  To perform a bit of legal “shoplifting”, i.e. “stealing” ideas.  
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