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Monday, September 06, 2021

September 6, 2021 - Forget Tiger Moms. Now China's 'Chicken Blood' Parents Are Pushing Kids To Succeed

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TradeBriefs Editorial

From the Editor's Desk

6 Principles to Build Your Company's Strategic Agility

In early 2020, Airbnb was headed for a banner year - bookings were up, expansion plans were in place, and an IPO was set for the spring. Then Covid hit, and more than $1B of bookings disappeared, expansion plans were postponed, and one-quarter of the workforce was cut. However, by the end of the year, revenues had recovered, and the company completed one of the most successful tech IPOs in history.

California Pizza Kitchen (CPK) is well known for its innovative offerings. It was one of the first pizza chains to offer gluten-free crusts, "take and bake" home pizzas, and iron-chef-style innovation competitions for its cooks. During the Covid crisis, it moved quickly to offer curb-side delivery and upped its online capabilities. Yet, despite its reputation for innovation and forward thinking, the company filed for bankruptcy protection in July 2020.

Why was one able to thrive while the other floundered?

Continued here

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