Coles: Applying System Thinking to Retail Industry Problems Analysis
VerifiedAdded on  2021/12/14
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Report
AI Summary
This report analyzes the challenges faced by Coles in the retail industry, focusing on the application of system thinking to identify and address the problems. The assignment critiques the existing approach, highlighting the need for a more holistic and systemic investigation of the issues. It emphasizes the importance of tools like rich pictures and system maps for a comprehensive understanding of the problems. The report suggests that a system thinking approach can provide effective solutions to the declining profits and increased competition faced by Coles. It recommends a broader perspective to analyze the problems and propose solutions that minimize adverse impacts on the company. The report also references relevant literature to support its arguments.
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