What innovation means to Tesco by Sir Terry Leahy (Chief Executive of Tesco):
Innovators are all around us; innovation is after all just another word for an idea and we can all have those. Businesses must learn to harness the creativity of their workforce and encourage staff to come forward with ideas. It’s not always easy as some good ideas will fail but companies have to be comfortable with that if they are to avoid stifling innovation.
August 22nd, 2007 at 8:23 am
“Tesco’s lean provision system combines point-of-sale data, cross-dock distribution centers, and frequent deliveries to many stores along “milk-runs” to stock the right items in a range of retail formats…”