Procter & Gamble (P&G) has sustained nearly two centuries of success by staying attuned to customer needs and embracing change. Small businesses can learn valuable lessons from P&G’s strategic maneuvers in simplifying operations, forming strategic partnerships, leveraging technology, and prioritizing sustainability. This article explores how small businesses can adapt these strategies to innovate and thrive.
In the heart of Boston, nestled between trendy cafes and bustling diners, stood a small West African restaurant struggling to stay afloat. Despite its unique flavors and loyal patrons, the restaurant was bleeding revenue due to inefficiencies, a sprawling menu, and missed opportunities to connect with its best customers. That’s when I stepped in, using revenue management principles and data science to turn things around. Here’s how we worked together to transform this hidden gem into a thriving business.
In today’s fast-paced and ever-changing business landscape, innovation is not just a buzzword—it’s a necessity. Companies that fail to innovate risk becoming obsolete, losing their competitive edge, and missing out on new growth opportunities. As the leader of Burgess Revenue Innovation Consulting, I’ve seen firsthand how innovation can transform businesses and drive long-term success. Here’s why innovation matters, how it can benefit your company, and why it’s crucial for empowering tiger teams within businesses.
Revenue Management: The Intersection with Data Science We have different experts for different financial services Ever found yourself wondering, “What […]
