173. Andy Higginson: Laura Ashley's near collapse, Tesco's legendary strategy and turning round Morrisons

Andy Higginson is Chair of JD Sports Fashion plc. Previously, he was Chair of Wm Morrison Supermarkets plc and a non-executive director at organisations including Tesco, Sky, Clarks, FirstGroup and Woolworths. Listen to this episode to hear about: The three boardroom moments that shaped Andy's career (01:06) What a near-bankrupt Laura Ashley taught him about simplicity and focus (03:58) The Laura Ashley banking crisis that changed Bank of England policy (07:18) The four strategy Tesco pillars (09:54) Inside the Tesco succession that went wrong (14:35) Why a new CEO should keep their rivals (18:23) What every retail NED should do when they first join (21:36) The first thing Andy did when he arrived at a struggling Morrisons (25:58) Morrison’s acquisition by private equity (31:35)⚡The Lightning Round⚡(36:46)

Host: Oliver Cummings

Producer: Will Felton

Editor: Penelope Coumau

Music: Kate Mac

Audio: Nick Kold

Email: podcast@nurole.com

Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom