Remove Airlines Remove Industry Remove Metrics Remove Sales
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Don’t Be Tyrannized by Old Metrics

Harvard Business

While effective metrics are essential for focusing attention and achieving results, they can also overpower better sense. Most industries cower to a few central metrics, the yardsticks that define the winners and losers. Metrics tried and proven over years become a guide to what’s important, driving resource allocation.

Metrics 28
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Servant Leadership: Principles, Popularity, and Payoff

Rick Conlow

Southwest Airlines: Southwest Airlines is known for its strong commitment to servant leadership. As a result, the airline has consistently ranked high in customer satisfaction and employee engagement. In summary, these companies serve as excellent examples of how servant leadership applies in various industries and contexts.

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To Change Your Strategy, First Change How You Think

Harvard Business

The airline industry is a cautionary tale of what happens when companies emulate new business models without bringing over the associated mental models. For over 40 years, Southwest Airlines has been a disruptive force in the airline industry, creating an entirely new category and a record 43 consecutive years of profitability.

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Your Mobile Strategy Can’t Just Be About Phones

Harvard Business

Make sure to use the right metrics when measuring success and identifying areas for growth. Repeat usage or transactions completed may be more meaningful metrics than time spent for a productivity app like Dropbox or a travel app like Alaska Airlines. What cross-channel customer behaviors can mobile help impact and influence?

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6 Steps to Make Your Strategic Plan Really Strategic

Harvard Business

Its other key stakeholders were distributors; customers-retail; customers-industrial/food service; consumers; and employees. ” Metrics were developed to monitor these, and targets were set before moving on. It was a national distributor of milk and other dairy products and in it, farmers occupied two roles. Be prepared to adjust.

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The Benefits of Hiring Your Best Customers

Harvard Business

The airline industry has experienced great volatility from deregulation, takeovers through mergers and acquisitions, and, as always, unpredictable forces of nature. There can be a lot of stress in this industry. “The learning curve in any industry is steep, but it is particularly so in the airline industry.

Energy 28
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Your Strategy Has to Be Flexible — But So Does Your Execution

Harvard Business

Metric obsession. But under the changing conditions of a nascent or recently disrupted industry, a rigid plan can become a straitjacket for the flexibility and adaptation which is required to succeed. customers in order to boost sales. Planning myopia. A famous example is Hoover’s free flights promotion.