Reinventing the Store: Achieving Growth in the Face of New Business Risks

Reinventing the Store: Achieving Growth in the Face of New Business Risks (January 22, 2020)

New technologies and shifting consumer buying behaviors have reshaped the business landscape. In this Wi15 keynote event, Ryan Raffaelli (@RyanLRaffaelli), associate professor of business administration at Harvard Business School, will present his groundbreaking research on how longstanding industries can increase their odds of achieving sustained growth in the face of new business threats. Professor Raffaelli will also preview findings from his forthcoming academic paper on the renewed strength of the independent bookstore channel. Drawing on eight years of in-depth field observations of bookstores in 25 states, more than 200 interviews and focus groups, and analysis of extensive archival data, the study examines the decline and subsequent rise of the U.S. independent bookselling sector from 2005 to today. Professor Raffaelli will highlight “3Cs” of reinvention – community, curation, and convening – and offer broader insights for local businesses and communities responding to current significant threats from online and corporate retail competition.

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Reinventing the Store: Achieving Growth in the Face of New Business Risks
Reinventing the Store: Achieving Growth in the Face of New Business Risks (January 22, 2020)

New technologies and shifting consumer buying behaviors have reshaped the business landscape. In this Wi15 keynote event, Ryan Raffaelli (@RyanLRaffaelli), associate professor of business administration at Harvard Business School, will present his groundbreaking research on how longstanding industries can increase their odds of achieving sustained growth in the face of new business threats. Professor Raffaelli will also preview findings from his forthcoming academic paper on the renewed strength of the independent bookstore channel. Drawing on eight years of in-depth field observations of bookstores in 25 states, more than 200 interviews and focus groups, and analysis of extensive archival data, the study examines the decline and subsequent rise of the U.S. independent bookselling sector from 2005 to today. Professor Raffaelli will highlight “3Cs” of reinvention – community, curation, and convening – and offer broader insights for local businesses and communities responding to current significant threats from online and corporate retail competition.

Tags:
None
Reinventing the Store: Achieving Growth in the Face of New Business Risks

About ABA

American Booksellers Association is a national trade association that supports and advocates for the success of independent bookstores. We provide members with education, networking opportunities, advocacy, resources, and technology. In turn our members support local schools through book fairs, donations and author visits; promote literacy; provide inclusive community centers; connect readers and books; add character to neighborhoods; champion and center diverse and new voices; and contribute to the local economy. We feel honored to support them in their work.

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