MGM102H5 Lecture Notes - Lululemon Athletica, Making Money
Document Summary
Mid 2008, christine day takes over as ceo. 2008-about 100 stores, 56 inu. ss, m public firm. Directive from bod-open more stores and growth the revenue to 1 billion . Best saler= educatior; close feedback; functional is fashion; manufact influence company"s identity; integrating your personal life and work-life; training people is more important than making money; passion within the employee; hit core customers; Developing internal people; complex distribution; problem of moving into state: don"t know the right location due to unexperience: high cost real-steat with low return. Describe lll"s culture- reinforce commitment on their people; cross-functional, impowering people to know the whole company. Focus on satifing the customer, high quality to their product and as a part of their company"s culture. Create and maintain it new commitment of new people ,they called on boarding. Community increasing level of participation. care of their mistake, proud of who they are. Chip had a reflection of their company culture.
