Six Fatal Mistakes of a Once "Good to Great" Company
Free eBook by the Chairman of the Board of EMG
The Chairman of the Board of EMG, Don Eames, published a free eBook that tells a story about the demise of one of the best retail companies in the world.
Click here to learn more about the eBook and download a free copy.
EMG | EMG News
January'10
The "Circuit City Six" eBook by the Chairman of the Board of EMG, Don Eames, was featured in the January 2010 issue of the Downtown Idea Exchange newsletter. The article is called: "Specialty retail successes and failures hold lessons about competing and evolving for all downtowns". The article is using the Real Estate mistake of Circuity City from the ebook to convey the importance of a sound real estate strategy for retail business success.
Srikant Gokhale, the CEO of Xcite, an EMG's client in India, participated in the Global Perspective on Retail SuperSession at the 2010 CES Show in Las Vegas. The panel discussion also featured the CEA President and CEO Gary Shaprio, Best Buy's Brian Dunn, Systemax’s Gilbert Fiorentio and Wal-Mart's Gary Severson. The executives discussed the future of the retail electronics around the world as well as situation in developing markets like India. The group also talked about the future of 3D TV, wireless technologies, 4G networks, etc.
May 20, Chairman of the Board of EMG Don Eames spoke at an annual Retail Vision Europe conference in Berlin, Germany. He presented a keynote speech on succedding in the current retail climate. Below are some highlights of the presentation.
“Today, there are very few leaders in business that have been through this kind of economic climate before. Although these leaders are smart and educated and believe that they have the right solutions and can work through this, they still feel uncomfortable.”
“In a business climate like this, even the smallest flaws in any company will be exposed which will create more problems for immediate survival and future growth and competitiveness. No company can assume that they can weather the storm and emerge looking like they do today.”
“More than ever, business leaders must evaluate the health of their entire business. If your organization is not efficient, you do not have the best people and there is no clear strategy for profitable growth, the chances for survival are poor. Many leaders are not prepared to make hard decisions when it comes to rationalizing their company, people, brand and value propositions.”
“As leaders of small, medium and large businesses, the ATTITUDE you demonstrate as a leader can guide yourself and your organization through this mess and motivate your employees to excel. Through personal experience I learned that ATTITUDE IS EVERYTHING. It is the secret sauce. It is contagious. The combination of honest evaluation of where you are, courageous leadership, and your attitude will allow you to use this challenging economy to win the game in the future.”
Watch one of our associates, Mike London, speak at an annual Retail Vision conference in Florida last April ("Michael London on Change (Best Buy, Circuit City)").
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September'08
Don Eames was invited to New York to speak at a conference, organized by one of EMG partners. The presentation topic was "Emerging Markets. India and Russia."
To download the presentation, click the link below.
May 20, Chairman of the Board of EMG 
EMG--Emerging_Markets_India_and_Russia--11Sep08.pdf