|To sum up, in order to create a real slope of success one needs to,
1. Recognise the lows and highs: Data informs what’s high and what is low. Be prepared by using prediction capabilities rather than waiting to hear what works and what does not work. By that time it may be too late.
2. Endure the lows: Get well informed of the uncertainties and react timely. Real-time insights prepare you to be resourceful than just spend resources
3. Optimise the Highs: Invest in next practices/processes which will build the organisation for the time to come which can predict the highs, and manage them timely. Timeliness is super critical in a business-like fashion.
4. Face the big problems: Tactical actions like discounts, disposals do not solve the fundamental challenges in fashion. Asking the question “why” and using relevant tools can fix these at its root.