Idea – it can be said to be a magic word because people across industries and levels run after them. Beautiful ideas are those that have bought revolutionary transformations, but that does not mean that they arise perfectly formed from someone’s mind or become perfect over time. Beautiful ideas are like a work in progress, they offer ongoing possibilities for improvement. In this article the author looks into the beautiful idea of discount retailing which was taken up by K-Mart, Walmart, Target and more recently by Amazon and interpreted differently leading to different levels of success.

Source: Management Issues