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A Classic Example of Taking a Lemon and Making Lemonade My personal favorite example of taking a lemon and making lemonade comes from the early days of Wal-Mart, long before they became The World's Largest Retailer.
The Lemon Our story begins at an early Wal-Mart store, located in an economically depressed region. The store gained the dubious distinction for having the largest inventory shrinkage rate of all their stores. Shoplifting was rampant.
Squeezing The Lemon Desperate for a solution, the store manager placed an employee at the entrance of the store who greeted all entering customers with Welcome to Wal-mart! How y'all doin? while rolling a shopping cart into their path. No one realized that his primary function was to act as a deterrent to the exiting shoplifters who had previously bypassed cashiers by slipping out the entrance.
Making Lemonade! With an permanent employee casually watching the entrance, shoplifting dropped off significantly. Other Wal-Mart store managers implemented the idea. The manager's successful solution inadvertently created a corporate icon; The Wal-Mart Greeter. The idea coincidently made three significant contributions in the building of a juggernaut.
Lemonade indeed! Where would Wal-Mart's wealthy early shareholders be today if the manager either ignored the problem or simply hired a uniformed, armed security guard?
What about your lemons? The late Sam Walton relentlessly sought useful ideas where ever and whenever possible. His insistence on seeing the same curiosity and zeal for innovation from his associates is legendary.
Building a culture of innovation and improvement was a key ingredient in Wal-Mart's recipe for success. Do the answers lie within for you? What was the last significant, innovative solution implemented by your organization? Where did the idea originate? How was it communicated? What mechanisms can you put in place to take your lemons and make lemonade? | ||
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Tom Lemanski of Vista Development serves as an executive coach and performance facilitator. He works with clients in a variety of industries to strategically develop their key performers. Vista's clients report measurable improvements in their ability to manage, sell, grow, innovate and profit. |
© 2003 Vista Development All Rights Reserved
Working SMART: Library of Congress ISSN 1551-4633
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