Driving force Quote by Herb Sorensen
““This manifesto is a distillation of critical action points that will lead to double-digit sales and profit increases, and which have actually led some retailers to achieve as much as five times more sales over the past many years. The adage, “The good is the enemy of the great,” is possibly nowhere more applicable than in retailing. With a global population nearing seven billion, the world demand for goods and services is swelling. The movement from developing societies (traditional retailing) to highly developed societies (modern retailing) continues apace. Demand alone has been the driving force behind good retailing, globally.””
About This Quote
Source Speech: Retail Strategy Conference, 2018
Retail success hinges on decisive actions and avoiding complacency, especially as global demand surges.
In simple terms: Act decisively; avoid settling for good.
Key Takeaway
Prioritize bold strategies over comfort.
Themes
strategy
growth
competition
global demand
retail
action
Mood
strategic
motivational
Type
business
leadership
When to use this quote
- launching new product lines
- expanding into emerging markets
- optimizing supply chain
- training sales teams
Key Concepts
business development
economics
market dynamics
Questions to Reflect On
- What actions can transform good performance into great?
- How to balance ambition with realistic capacity?
A Different Perspective
Bold moves can risk overextension without proper resources.
