Reinvention

Xerox Announces Sale of Argentina and Chile Direct Business to Grupo Datco

Retrieved on: 
Tuesday, March 12, 2024
Data Management, Consumer Electronics, Retail, Technology, Software, Office Products, Hardware, Growth, XRX, Reinvention, Workforce

“As Xerox continues its Reinvention journey, the company is committed to helping our clients reach their goals.

Key Points: 
  • “As Xerox continues its Reinvention journey, the company is committed to helping our clients reach their goals.
  • Grupo Datco will continue to service Xerox devices previously sold in Argentina and Chile and will become the exclusive partner for Xerox in these markets.
  • "Grupo Datco's ability to offer Xerox's products and solutions in Argentina and Chile will generate new growth opportunities and a long-term business plan, with a priority being placed on preserving its talented workforce.
  • At Grupo Datco we always focus on growth, synergies, and long-term development.”
    Financial terms of the transaction were not disclosed.

Xerox to deploy Verizon Network as a Service Solutions framework for IT modernization

Retrieved on: 
Tuesday, February 27, 2024
VZ, Metro, Internet, Wide area network, RSS, Growth, Xerox, Civil Service (United Kingdom), Network as a service, Zero trust security model, Wireless LAN, XRX, Network, Verizon Communications, Organization, Reinvention, IP, Environment, Verizon Business, Partnership, Mobile phone

NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Verizon Business today announced Xerox Holdings Corporation (NASDAQ: XRX) is adopting Verizon’s Network as a Service (NaaS) Solutions framework to accelerate the organization’s Reinvention and operating model evolution.

Key Points: 
  • NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Verizon Business today announced Xerox Holdings Corporation (NASDAQ: XRX) is adopting Verizon’s Network as a Service (NaaS) Solutions framework to accelerate the organization’s Reinvention and operating model evolution.
  • “This collaboration with Xerox underscores our commitment to enabling our customers to thrive in the digital age,” said Massimo Peselli, CRO, Verizon Business.
  • “Verizon’s intelligent network framework is designed to empower enterprises to embrace the future of network services, providing unparalleled flexibility and scalability.
  • Additional services include; Verizon Operational and Financial Governance, Contact Center Management, Network and Security Consulting Services and Verizon Maintenance across the Network utilizing Verizon Care.

What is your ‘Reinvention Archetype’? Take a quiz and find out!

Retrieved on: 
Tuesday, February 13, 2024
Technology, Men, Human Resources, Consumer, Consulting, Small Business, Training, Other Education, Professional Services, Continuing, Education, Internet, Women, Data Management, Growth, ALG, Research, Reinvention, Management

It is estimated that most people will have 12 jobs in their lifetime, and almost a third of people aged 25 to 44 have considered making a career change within the past year.

Key Points: 
  • It is estimated that most people will have 12 jobs in their lifetime, and almost a third of people aged 25 to 44 have considered making a career change within the past year.
  • People change life direction for many reasons, including financial needs, downsizing and layoffs, and finding greater meaning and purpose in work.
  • The Reinvention Assessment™ is an online questionnaire that provides personalized insights and guidance to help people unlock their potential as they reinvent their lives and careers.
  • Through our research, we identified six different Reinvention Archetypes, each of which is characterized by its unique abilities and potential for growth.

Myriad Venture Partners Launches Inaugural Fund, Secures $100M in Initial Capital Commitments to Support Transformational Founders in AI, B2B Software and Clean Tech

Retrieved on: 
Tuesday, January 23, 2024
HCLTech, Philosophy, Partnership, AI, Partner, Ecosystem, B2B, Investment, Xerox, Reinvention, Advisory Council, Civil Service (United Kingdom)

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Myriad Venture Partners ("Myriad"), an early-stage venture firm focused on AI, clean technology and B2B software, today announced the launch of the firm with $100 million of initial capital commitments from investors, including Xerox as an anchor investor. Myriad leverages its network of corporate titans and top-tier venture capitalists to build mutually-beneficial partnerships with cutting-edge businesses and founders. The firm is targeting investor commitments of $200 million for Fund I.

Key Points: 
  • Myriad leverages its network of corporate titans and top-tier venture capitalists to build mutually-beneficial partnerships with cutting-edge businesses and founders.
  • As global venture funding for early-stage startups decreases , the investment landscape is uniquely positioned for capital deployment towards future market leaders.
  • We are dedicated to helping founders pioneer the next generation of business solutions in areas including AI, B2B software and clean tech," said Chris Fisher, Co-Founder of Myriad.
  • "Myriad Ventures is our trusted partner, helping to support LinkSquares' go-to-market strategy and execution," said Vishal Sunak, CEO and co-founder of LinkSquares.

Xerox Reinvention and Operating Model Evolution

Retrieved on: 
Wednesday, January 3, 2024
Hardware, Consumer Electronics, Apps, Applications, Technology, Software, Workforce, Culture, IBM Consulting, Garner, Reinvention, Civil Service (United Kingdom), Growth, XRX, Corporation, Management

Xerox Holdings Corporation (NASDAQ: XRX) today announced a new operating model and organizational structure to further the company’s Reinvention.

Key Points: 
  • Xerox Holdings Corporation (NASDAQ: XRX) today announced a new operating model and organizational structure to further the company’s Reinvention.
  • New organizational structure to support strategic execution:
    The company has redesigned and realigned its executive team to support the new operating model.
  • Louie Pastor returns to Xerox as Chief Transformation & Administrative Officer, charged with overseeing the Xerox Reinvention Office and the newly established Global Business Services organization.
  • “Our new operating model is a significant step towards accomplishing the goals we seek to achieve with our Reinvention."

Starbucks Reports Q4 and Full Year Fiscal 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Retail, Restaurant, Bar, Food, Beverage, Consolidated, Reinvention, Face, SBUX, Investment, GAAP, Growth, Starbucks, International, Online shopping, Self storage, Pharmaceutical industry, Q4

Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal fourth quarter ended October 1, 2023.

Key Points: 
  • Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal fourth quarter ended October 1, 2023.
  • GAAP results in fiscal 2023 and fiscal 2022 include items that are excluded from non-GAAP results.
  • Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information.
  • “Our strong full fiscal year 2023 performance demonstrated our durable long-term growth and Reinvention plan execution,” commented Rachel Ruggeri, chief financial officer.

Starbucks Announces Triple Shot Reinvention Strategy with Multiple Paths for Long-Term Growth

Retrieved on: 
Thursday, November 2, 2023
Retail, Restaurant, Bar, Food, Beverage, Reinvention, Breakfast, Event, International, Amazon One, Courage, Human, Microsoft, Architecture, Coffee, The Support Center, Annual general meeting, Paramount, Shareholder, Growth, City, EPS, Partnership, Webcast, Walking, Apple, Starbucks, Delta Air Lines, Music, Drink, Culture, Snack, Beauty, Micro Channel Developers Association, Acceleration, Sales, Management, Food delivery, Video game, Pharmaceutical industry, Interior design

To be clear, Starbucks has not saturated the U.S. market.”

Key Points: 
  • To be clear, Starbucks has not saturated the U.S. market.”
    Additionally, the brand will be elevated through further product innovation.
  • “Starbucks has direct, digital relationships with hundreds of millions of customers,” said Brady Brewer, executive vice president and chief marketing officer.
  • Global comps between 5-7 percent, with revenue growth at the low end of the 10-12 percent range and earnings growth of 15-20 percent, reflecting the multiple paths to deliver double digit revenue and earnings growth.
  • The company sees multiple paths to the shape of the long-term algorithm of comp growth of 5 percent or greater, revenue growth of 10 percent or greater, and EPS growth of 15 percent or greater.

Starbucks Announces Q4 and Full Fiscal Year 2023 Results Conference Call; Starbucks to Host Reinvention Update and Holiday Launch

Retrieved on: 
Thursday, October 5, 2023
Retail, Restaurant, Bar, Food, Beverage, Webcast, SBUX, Reinvention, Starbucks, Video game, Online shopping

The conference call will be webcast, including closed captioning, and can be accessed on the company’s website at https://investor.starbucks.com/ .

Key Points: 
  • The conference call will be webcast, including closed captioning, and can be accessed on the company’s website at https://investor.starbucks.com/ .
  • A replay of the webcast will be available on the company’s website until end of day, Friday, December 1, 2023.
  • Also on November 2, 2023, Starbucks plans to host a Reinvention update and holiday launch at 4:00 p.m. Eastern time.
  • A replay of the webcast will be available on the company’s website until end of day, Friday, April 26, 2024.

Spec Formliners Inc. Receives ACG Reinvention Award for Remarkable Transformation

Retrieved on: 
Tuesday, July 11, 2023
Reinvention, Association for Corporate Growth, Research, ACG, Industrial design

SANTA ANA, Calif., July 11, 2023 /PRNewswire-PRWeb/ -- Spec Formliners Inc., a leading provider of high-quality formliners and custom concrete solutions, has been awarded the prestigious ACG Reinvention Award. Presented by the Association for Corporate Growth (ACG), the Reinvention Award recognizes companies that have demonstrated remarkable transformation and innovation in their respective industries.

Key Points: 
  • Spec Formliners Inc., a leading provider of high-quality formliners and custom concrete solutions, has received the prestigious ACG Reinvention Award for their remarkable transformation and innovation in the industry.
  • SANTA ANA, Calif., July 11, 2023 /PRNewswire-PRWeb/ -- Spec Formliners Inc., a leading provider of high-quality formliners and custom concrete solutions, has been awarded the prestigious ACG Reinvention Award.
  • Presented by the Association for Corporate Growth (ACG), the Reinvention Award recognizes companies that have demonstrated remarkable transformation and innovation in their respective industries.
  • The ACG Reinvention Award celebrates Spec Formliners Inc.'s remarkable journey of transformation, marked by exceptional customer service, innovation, and industry-leading practices.

Starbucks Reports Q2 Fiscal 2023 Results

Retrieved on: 
Tuesday, May 2, 2023
Restaurant, Bar, Food, Beverage, Online Retail, Retail, Specialty, Reinvention, International, Culture, GAAP, Sale, Micro Channel Developers Association, Investment, Immersion, Seattle's Best Coffee, SBUX, Online shopping, Management, Starbucks

Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal second quarter ended April 2, 2023.

Key Points: 
  • Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal second quarter ended April 2, 2023.
  • GAAP results in fiscal 2023 and fiscal 2022 include items that are excluded from non-GAAP results.
  • Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information.
  • It is a privilege to have learned from our founder and partners around the world,” commented Laxman Narasimhan, chief executive officer.