Some of the best learning happens when you read stories about real people and real companies. Read them for ideas, for lessons, and inspiration. This week’s stories and strategies from real life are about Hermes, Caroline Simas, Winter Park Cycles, Saturn, and The Hartford.
“Threatened by a sudden and hostile takeover, the Hermès family sought strength in unity and formed an elaborate defence to ensure the 130-year-old company remained under family control.”
“Retailers attest: there aren’t many artists like Caroline Simas. She’s a mother of four and incredibly prolific. She’s got design chops and business savvy. And rather than gunning for a gallery wall, she’s found a way for her designs to appear on products worldwide. The difference-maker: Simas licenses her work.”
“Winter Park Cycles is dealing with a situation that faces retailers everywhere: How best to blend physical stores and online operations in a world that now demands that retailers do a good job at both.”
“Saturn, introduced 30 years ago, was intended to be more than a new GM brand. The name heralded advanced manufacturing techniques, a revolutionary labor agreement with the United Auto Workers union and a no-haggle style of retailing – GM’s answer to Honda and Toyota.”
“Few turnarounds have been as remarkable as The Hartford’s under CEO Liam McGee. Last week he stepped down—but not before leaving the company in capable hands.”