The Retail Industry Leaders Association (RILA) opened the 2012 Loss Prevention Audit & Safety Conference (LPAS) yesterday with a motivational keynote address from Mark King, CEO of TaylorMade-adidas Golf. King shared his thirty-year journey up the ranks from salesman to CEO and the transformation of TaylorMade from a three-employee start-up to a tri-branded golf powerhouse. In his session, King shared that a key to company success is an inspired workforce in which every employee takes responsibility for creating the company's future.
“Mark’s high-energy personal story with TaylorMade really resonated with the audience. His genuine belief that every person can be extraordinary is one of the things that makes him and TaylorMade so successful,” said Lisa LaBruno, vice president of loss prevention and legal affairs. “Attendees left the session inspired by his message.”
The morning's momentum contined when Susan Williams, PhD and professor at the Massey School of Business at Belmont University, presented on the art of negotiation skills in the corporate environment. Attendees learned the keys behind this integral business strategy including: Negotiating inside and outside the organization using a “mutual gains” or “principled” method; Using tactics for making better deals; Dealing with gender differences in negotiation; Maintaining and enhancing relationships; Breaking through conflicts, win-lose situations, and controlling negotiations.
The program continued with an unprecedented line-up of breakout sessions including: Using the RICO Statute to Prosecute ORC Cases; Leveraging and Integrating Technology in Asset Protection; Transitioning From LP Tactician to Strategic Visionary; Properly Disposing & Recycling Hazardous & Non-Hazardous Wastes to Minimize Risk & Liability; Managing Video as a Service to Drive Loss Prevention Results and Delivering Demonstrated Profitability Improvement.
Peter Sims, best-selling author of "Little Bets," joined attendees for lunch to share how executives can learn to think and work like great innovators to turn their own bets into big successes.
Finally closing out the day were insights and analyses on the future of the Retail Industry from William Freund, chief economist emeritus for the New York Stock Exchange. Freund discussed not only how developments in the recovery will alter the U.S. economy in the short term, but also the longer-lasting impact on the consumer and on the retail sector.
“When I reflect on today's session content, speakers and the sheer number of loss prevention executives in attendance, I come away with a great sense of pride in the commitment of loss prevention professionals to advance the industry through education. The energy and enthusiasm is inspiring,"concluded LaBruno.
RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad