Innovation Challenge
Accelerator Programme
We are not selling enough/fast enough to bring in sufficient revenues.
(The area of focus, including, but is not limited to volume and availability of products to be sold, land purchase, geographical impact, market trend, technology adoption, etc.)
Sample problems to resolve :
A) GTO Collection in our MallsWe don’t have enough variety of products and services.
(The area of focus , including, but is not limited to lack of purchasing options i.e., developing products without considering the target market, location maturity, surrounding amenities, retail offerings, etc.)
Sample problems to resolve :
A) Value-Added ServicesOur cost structure is not efficient and is not consistent with the nature of our business.
(The area of focus, including, but is not limited to overall cost structure of company, divisions, departments; external cost factors i.e., high construction cost, cost-benefit analysis, etc.)
Sample problems to resolve :
A) Rejuvenate Retail BusinessWe are painfully slow when it comes to getting things done.
(The area of focus, including, but is not limited to lengthy processes involving sales, procurement, internal approvals, etc.; Empowerment of staff, lack of trust, delegation and skillsets, etc.)
Sample problems to resolve :
A) Duplication of Roles/FunctionsThere is a noticeable lack of ownership/stewardship in the organization.
(The area of focus, including, but is not limited to current culture within the company vs. diversity of employee demographics vs. emerging workforce trends; Lack of positive ownership, leadership, influences).
Sample problems to resolve :
A) Organization behavior