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Success....or Status Quo

By Francis Clark
VP Business Development
Profitect




I find a lot of people in leadership positions maintaining the Status Quo in their positions rather than innovating and fear as in Dan Faketty’s excellent presentation at NRF-LP that they will either ‘Innovate or Evaporate’. Rather than pushing the ‘envelope’ it appears that they are squirreled away inside the envelope with an extra-strength roll of duct tape and are busily taping and double taping the seams to prevent any accidental light from coming in.

Sam Edge commented on innovation a couple of months ago that you need to explore what is happening if you’re going to stay current and relevant but it appears for many that the exact opposite is happening. Digging a hole and pulling the dirt in on top of you.

It is tough in today’s Retail Industry regardless of the leadership role you have. Change is a daily occurrence and if you’re not leading or participating in the change events then you must like the exhaust fumes. It has been said there are 3 kinds of people:

 
1. Those that make change happen
2. Those that see change happening
3. Those that say ‘what happened’

To which I add a 4th type of person:

4. Those that say ‘huh?’


Innovation and change leadership comes with some pain and exposure but also comes with rewards. What ‘change’ are you making happen in your company, your department?

Here’s an exercise that you can do: encourage your team...and you...to develop a minimum of 2 plans to double the quantifiable delivery that your area of the business makes to the total business ‘next year’ without adding any staff. To do this exercise, first, you have to be able to quantify what you are delivering today. Can you do that?

Another thought is the consider what your CEO might say if asked ‘what does your Asset Protection/Loss Prevention Department deliver to the company’s total annual success?’

Do you know how that question will be answered?

With change happening every day in the Retail Industry what are you doing to ‘change’ your effectiveness for your company? Many of you are mired in technology and policy that hasn’t changed for 10 years or more. When you see new technology or hear of new innovations are the first 3 things out of your mouth ‘reasons why it won’t work for your company’? Have you changed your phone multiple times over the same 10 years...but not how you get your job done? Or the tools that your team uses?

Might there be something wrong with that?



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