Jeff Gennette and Patrik Frisk got together recently to share dinner at a quiet little restaurant. Both were excited because they wanted to hear the other’s insights regarding where they thought their colleague’s firm should head strategy-wise. Explain what message about current strategy strength and attendant risks/benefits Gennette shared with Frisk about Frisk’s firm, and vice versa (i.e., the message Frisk had to share about Gennette’s firm) Then explain the overall strategy recommendation each offered for going forward. Finally, even though Frisk forgot to call you and invite you to the dinner, share what recommendations you would have made to both CEO’s if you were in attendance.
