Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Length: 14 minutes
Data source: Field research
Notes: File size 1.3GB. Click for more information.
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Abstract
This video is to accompany the case. In this video Brad Anderson, the Company's Chief Executive Officer, describes the key drivers for this new strategy: boredom of customers, disintermediation by new entrants and the internal need for a new challenge. He also describes how the new strategy leverages Best Buy's unique asset, proximity to its customers. The rest of the video focuses on how the new strategy aims at appealing simultaneously to the company's employees, vendors and stockholders.
Location:
Industry:
Size:
USD24 billion in sales
Other setting(s):
March 2004
About
Abstract
This video is to accompany the case. In this video Brad Anderson, the Company's Chief Executive Officer, describes the key drivers for this new strategy: boredom of customers, disintermediation by new entrants and the internal need for a new challenge. He also describes how the new strategy leverages Best Buy's unique asset, proximity to its customers. The rest of the video focuses on how the new strategy aims at appealing simultaneously to the company's employees, vendors and stockholders.
Settings
Location:
Industry:
Size:
USD24 billion in sales
Other setting(s):
March 2004