Teaching Business

The Friday Huddle: a weekly business review, sized for a school store

Six numbers, 20 minutes, every Friday: the review ritual the best-run companies live by, scaled to a store that's open 40 minutes a day.

Friday, sixth period. The store’s week is done: the cash drawer counted, the shelves picked over and ready for a restock, the week’s sales logged in whatever system your store runs, waiting for someone to have a free minute to actually read them.

Running the store is only half of the job. Reading what the week did, then deciding what to change because of it, is the half students take with them when they graduate. The best-run retail companies in the world all run a version of a weekly business review, and a school store can run one in 20 minutes.

What a weekly business review is

Strip away the corporate scale and a weekly business review is four habits:

  1. The same numbers, every week, in the same order. The format never changes. Familiarity is the feature; when a line looks different this week, everyone sees it instantly.
  2. Every number has an owner. A named person, accountable for knowing why the line moved. Owned numbers get watched. Shared numbers get ignored.
  3. Actuals against a plan. Every metric compares to a goal set in advance. Numbers alone tell stories; numbers against a plan force decisions.
  4. Inputs over outputs. Sales are an output; nobody can manage an output directly. You manage inputs (what’s stocked, what’s priced right, whether the store opened on time) and the outputs follow. Spend the meeting on inputs.

In a company those four habits run inside a management team. In a classroom they run inside the class, and that difference is what turns a good operating practice into a good lesson.

Six students own the six lines, one metric each. Owning a metric means owning everything behind it: why it moved, what the store did that moved it, whether that direction is the one you wanted, and what your plan is to change it by next Friday. An owner who can only read the number off the board hasn’t done the job.

Everyone else in the room is the audience, and the questions are the point. Pull real numbers, form a view, present it, defend it under questioning, argue strategy with people who disagree. That is a competition role-play with the fiction taken out, run every week instead of once a season. A student who does it thirty times in a year has stood up and defended a real number more often than most people have before their first job.

The Store Review: six numbers, every Friday

Here’s a version sized for a school store. Same table on the board every week, each line owned by a name:

#MetricOwner
1Net sales vs. weekly goalStudent CFO
2Transactions + average saleSales lead
3Top 5 items (and the flops)Merchandising lead
4Stock-outs: what we couldn’t sellInventory lead
5Cash over/short, by shiftStore manager
6One customer comment, verbatimCustomer lead

Each owner gets two minutes: here’s the number, here’s the plan, here’s why the gap, here’s what I’m doing about it. The advisor asks questions and offers their insight, but this is meant to be time for the students to take ownership and drive towards the desired outcome.

Notice what the six lines teach without announcing it. Line 1 is goal-setting and forecasting. Line 2 is unit economics: there are two ways to grow, more customers or bigger baskets, and the tactics differ. Lines 3 and 4 are merchandising and supply chain. Line 5 is financial controls.

Line 6 is the reality check. The week the sales number looks fine and the comment is “three people asked for the blue one and we only had gray,” the comment is the real report. When the data and the story disagree, go check the story.

Four rules that make it work

Set the plan first. A goal picked after you’ve seen the number is a participation trophy. Set next week’s sales goal at this week’s huddle, write it down, and let students feel the difference between a goal they set and a number that happened to them.

Ask input questions. When sales miss, go straight to the causes students control: were we stocked? open every scheduled day? did the drop land on time? was the line fast? One owned stock-out teaches cause and effect faster than a semester of lectures.

Trends beat points. One bad week is noise. Three declining weeks is a story. Keep the numbers on a running sheet so the room sees the shape, week over week.

THE WEEKLY REVIEW · SMALL MULTIPLES One week vs. a trend NOISE W1W2W3 W4W5W6W7 One bad week is noise. note it, ask why, move on STORY W1W2W3 W4W5W6W7 Three declining weeks is a story. find the cause at Friday's huddle
The difference a running sheet reveals.

Let the silence sit. The first few huddles, students will look at the advisor after every number. Don’t rescue them. By week four the CFO answers the questions directly, and that moment (a 16-year-old defending her variance with a reorder plan) is the whole reason to do this. You can incorporate this as part of weekly homework assignments and ensure the students show up ready to speak to their numbers.

Assign every student one of the six metrics and then spin a wheel to see who has to come up and present. It’s a mechanism to hold every student accountable for being ready every week, even when the odds of getting picked are low.

What changes after a month

Ownership migrates. The numbers stop being the advisor’s numbers. Students start managing the store between huddles because they know Friday is coming, and nobody wants to own the stock-out line two weeks straight.

You also get a shared language. “We missed goal but average sale is up” is a sentence a student will say by October, and mean, and be right about.

Weekly Business Reviews are the gold standard at Amazon. Every retail team across the company executes them every week, and they feed up into product-line Monthly Business Reviews and then company-wide Quarterly Business Reviews. Giving students exposure to a process that the most innovative retailer in the world executes is preparation for the job market.

The caveat

The review works because it’s relentless, and relentless is a lot to ask of a teacher with five preps. So keep it small: six lines, 20 minutes, format frozen. Skip a week only when school’s closed. The value compounds week over week.

At RallyOrder we’re building this rhythm into how we work with every school on the platform, because the Friday Huddle is how each store brings the sales data directly into the classroom. Embrace the idea, make it yours, and tell us how you run your Friday Huddle.

PDF · US LETTER · PRINTABLE

The Store Review Agenda

The six metrics, their owners, and the fill-in columns for the number, the plan, and the action. One US-Letter page per Friday.

Download
Teaching Business ← All posts

Keep reading