Showing posts with label business model. Show all posts
Showing posts with label business model. Show all posts

Thursday, November 30, 2023

How Shein Took Over 40% of American Fast Fashion in Six Years

Recommendable! Rapid an demand production and super fast design combined with taking advantage of the de minims exemption.

Sunday, July 30, 2023

China-Founded Rivals Shein and Temu Ramp Up War for American Shoppers

In many respects this seems to be an interesting, developing story!

"Shein and Temu, two of the fastest-growing shopping platforms in the U.S., have taken the gloves off in a globe-spanning fight that accentuates a strong reliance on China that both companies are trying to play down."

"The two companies have slapped lawsuits on each other in U.S. courts, alleging corporate dirty tricks, including bullying suppliers to pick sides and trademark infringement. Less publicly, the dispute is playing out on the ground in China, where most of their supply chains and back offices are. The firms are fighting for suppliers and workers and are demanding long hours as part of a competition to get cheap goods to woo thrift shoppers in the U.S.—their biggest market."

China-Founded Rivals Shein and Temu Ramp Up War for American Shoppers - WSJ

Wednesday, February 24, 2021

MIT Sloan School of Management: Should we allow criticism while brainstorming?

I have been convinced for many years that business schools tend to sell a lot of hot air and banalities! They repackage and regurgitate a lot of ancient common sense and wisdom! They also produce quite a few harmful dogmas and short lived fashions of the day! Here is some recent evidence for that!

"Some years ago,Jared Curhan, the Gordon Kaufman Professor and an associate professor of work and organization studies at MIT Sloan, picked up a copy of The New Yorker and began reading an article about creativity. It took only a few paragraphs before he drew back in a mix of surprise and disbelief. The journalist was describing several new scientific studies that argued criticism might be a boon to creativity. How could that be? ...
“For many decades, the ground rule has been to prohibit negative feedback while generating creative options,” Curhan, who is the faculty director of MIT's Behavioral Research Lab, said. “This is ingrained in the way the work gets done.” ...
devised two experiments to explore these questions. They ultimately found that when the setting is cooperative, criticism can boost creativity, whereas in competitive or adversarial settings, criticism should be prohibited. ..."

Should we allow criticism while brainstorming? | MIT Sloan In cooperative settings, criticism can boost creativity in brainstorming and negotiation.