Michael Kalman, CEO of Menorah Motvethim, spoke this week as part of the closing event of the second round of the Strauss Strategy “X Labs in a Box” program. At the event, which took place at the Microsoft offices in Herzliya, Kalman shared with the hall full of excited participants, the business concepts that guide him and Menorah in creating business differentiation while constantly thinking about the various needs and solutions of the market.

His words were a source of inspiration and emphasis, and we chose to share the five key insights, so that other managements and organizations can also derive value from it:

1. Business vigilance: the ability of organizations to adapt to the new trends, and stay one step ahead of the rest of the market.

2. Reading and understanding the area correctly: not only to locate and identify the needs, but also to understand how they change and develop in the dynamic market.

3. Deepening in actions : As soon as a business opportunity is discovered, it is important to go deeper and be thorough in analyzing a situation and choosing the most appropriate course of action to maximize it.

4. Courage in making decisions: Organizations in general and the managements in particular, are required to demonstrate courage and take calculated risks, especially in a changing reality full of threats and opportunities. Showing courage is a critical characteristic for the continued success of any organization.

5. Execution: It is said that everything depends on execution, therefore the focus on the application of the real values ​​and the ability to put them into practice in real time, is a critical muscle that must be reflected in the day-to-day activities of the organization.

Kalman also noted the great contribution that the X Labs in a box program had to the adoption of creative and innovative thinking at Menorah Mivathim, and thanked the mentors who led the process together with Menorah’s professional teams. On this occasion, huge congratulations to the diverse teams, Mentorim, and especially to Tal Langevitch Avraham, VP of Digital and Innovation, and to Liron Paz, Digital Product Manager at Menorah Mivathim, and to everyone who contributed to this success.