Tesco's Extreme Makeover: A Phenomenal Tale of Turnaround Success
The turnaround of UK supermarket chain Tesco is an exhilarating success story. In five years, the grocery group reversed its ailing sales and depressed share price to usurp the crown of market leader, Sainsbury's, in one of the world's most cut-throat industries. Tesco transformed itself into a diverse international business and one of the world's largest supermarket groups. Its new competitive edge was substantially created by the data gathered from a customer loyalty card that offered just 1% discount. An analysis of Tesco's transformation highlights the importance of stakeholder management and inventive marketing and uncovers rules for reversing the fortunes of ailing enterprises.

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Special Report: Europe Struggles to Hold Itself Together
Dramatic economic and financial developments in Europe never seem to quit. In the latest news, several eurozone countries have slipped back into recession, bringing a backlash against austerity policies into full swing. Now, the election of Socialist President Francois Hollande in France may offer a path to more growth-oriented policies, but big questions remain about which ones are economically -- and politically -- viable. To help clarify the implications for business and investors, Knowledge@Wharton has prepared a special report on the challenges facing Europe.

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Declining Employee Loyalty: A Casualty of the New Workplace
If loyalty is defined as being faithful to a cause, ideal, custom, institution or product, then there seems to be a certain amount of infidelity in the workplace these days. The 10^th annual survey of employee benefits, trends and attitudes released in March by MetLife puts employee loyalty at a seven-year low and says one in three employees plans to leave his or her job by the end of the year. Wharton faculty and others look at the evolving relationship between employees and employers.

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Green Office Design: You Want the Good News About Overheads?
Business sustainability may be the greatest motivation for the growing trend for planting gardens – or less elaborate green spaces – on top of office buildings. Once considered a luxury, green roofs now make perfect sense. Beyond environmental benefits, there are social and economic arguments for their cultivation. That's why governments and planners worldwide are giving green roofs the thumbs up. While more costly to install, the returns come from the allure of improved working environments and increased productivity – let's not forget reduced power bills! With new building energy efficiency disclosure laws now in effect in Australia, what's not to like?

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Turning Geeks into Leaders: How to Stop IT Staff from Quitting
Surveys show IT staff are more likely to make a career move than others, which can be expensive for employers. Certainly, the nature of the fast-changing technology industry encourages job switching, but new research from the Australian School of Business shows many tech experts leave jobs due to fundamental people management issues. This means the high-cost of churn is under managers' control. Smart employers understand how to turn IT personnel into leaders and keep their creative smarts flowing.

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