Contrary to popular belief, folks who are paid to think often have a hard time proving that they’re doing the work.<\/p>\n
\/\/ Go ahead, take some time to digest that. \/\/<\/p>\n
Consider what happened during a meeting between the board of directors at a major Canadian corporation, Canadian Tire, and its CEO, Michael Medline. Also present at the meeting was the controlling shareholder, Martha Billes.<\/p>\n
They all got together to discuss Mr. Medline’s digital strategy for keeping the 94-year-old retail chain competitive and relevant. The conversation climaxed around a seemingly simply question, which, you would think, Mr. Medline would not have trouble answering: “What are you thinking?”<\/p>\n
Before we tell you how the above chat ended, let us say two things:<\/p>\n
a. It’s good to see that the Billes family is trying to avoid the debacle of their one-time rivals like Eaton’s or Zellers. Those two bit the dust because they did not keep up with the times.<\/p>\n
b. It’s encouraging to see that the Billes family seems to, finally, be appreciating the idea that digital isn\u2019t a buzzword or a passing trend. It\u2019s a mindset, and it’s the bridge to the best business opportunities of the future. (We’ve been talking about this for years \u2014 for an example, see http:\/\/bit.do\/krispcrew10<\/a>.)<\/p>\n Let’s now return to the meeting between the Canadian Tire board of directors, the controlling shareholder Martha Billes, and Canadian Tire’s CEO Michael Medline.<\/p>\n We don’t know exactly how Mr. Medline answered the question about his thinking re the digital strategy for keeping Canadian Tire competitive and relevant.<\/p>\n But we do know this: the Canadian Tire board of directors and Mrs. Billes told Mr. Medline that he’s no longer the CEO of Canadian Tire.<\/p>\n The takeaway from the above story? Here’s our 2\u00a2:<\/p>\n Whether you call it a strategy or a road map (or even just simply focus), the future belongs to those with a digital-first mindset re all fundamental parts of their business.<\/p>\n Over to you: What does ‘digital’ mean to you? Is it a buzzword? A passing trend? Or, do you, hopefully, see it as a mindset and the bridge to the best business opportunities of the future?<\/p>\n","protected":false},"excerpt":{"rendered":" Contrary to popular belief, folks who are paid to think often have a hard time proving that they’re doing the work. \/\/ Go ahead, take some time to digest that. \/\/ Consider what happened during a meeting between the board of directors at a major Canadian corporation, Canadian Tire, and its CEO, Michael Medline. Also … Continue reading “What are you thinking?”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":""},"categories":[2],"tags":[],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7LRlm-5","_links":{"self":[{"href":"https:\/\/krisp.ca\/mobile\/wp-json\/wp\/v2\/posts\/5"}],"collection":[{"href":"https:\/\/krisp.ca\/mobile\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/krisp.ca\/mobile\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/krisp.ca\/mobile\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/krisp.ca\/mobile\/wp-json\/wp\/v2\/comments?post=5"}],"version-history":[{"count":2,"href":"https:\/\/krisp.ca\/mobile\/wp-json\/wp\/v2\/posts\/5\/revisions"}],"predecessor-version":[{"id":7,"href":"https:\/\/krisp.ca\/mobile\/wp-json\/wp\/v2\/posts\/5\/revisions\/7"}],"wp:attachment":[{"href":"https:\/\/krisp.ca\/mobile\/wp-json\/wp\/v2\/media?parent=5"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/krisp.ca\/mobile\/wp-json\/wp\/v2\/categories?post=5"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/krisp.ca\/mobile\/wp-json\/wp\/v2\/tags?post=5"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}