To Gillette and Schick: The problem is staring right at you in the (shaving) mirror
Razor sales for Gillette and Schick have been declining in the past year. Part of the problem is that there is growing acceptance of the unshaven look in the workplace and hence American men are shaving less. This “vogue for stubble” has opened up new innovation opportunities for products including hair trimmers and beard colorants.
Great Universities Help Build Great Regional Economies
Matt Yglesias at Slate has a great blog post on how Universities are the key ingredients to 21st century success. Matt suggests that great Universities create neighborhood retail clusters alongside medical facilities to create a vibrant regional knowledge-based economy that ensures survival of cities. He illustrates his point with an example from Pittsburgh that has enjoyed major job diffusion thanks to Carnegie Mellon and the University of Pittsburgh while Detroit has languished due to the absence of a great University in its midst(University of Michigan is located in Ann Arbor and not Detroit).
Walgreens + Johns Hopkins = Innovative Health Care Delivery
In the heels of discussions in this blog that pharmacy-based health care has a bright future (for example, see link, link), comes news that pharmacies are experimenting with partnerships with health organizations. For example, Walgreens is partnering with Johns Hopkins to create a retail hub for community-based care and CVS recently announced a partnership with Parkridge Health System to run seven clinics near Chattanooga, TN.
Many companies manage their business on some geographic basis—whether called districts, territories, markets, regions, or zones— and evaluate metrics and managers correspondingly. It is not uncommon to find large variations in market shares for brands across these geographic markets. These regional skews appear to be ubiquitous across most industries.
If you build it, will they come?
Here is a story of how two electric car companies took two different roads to meet the recharging needs of their customers.