12 trends to change the future of retail

The following changes will materially affect your retail future:

1. Manufacturers in retail
2. Wearable technology
3. Mobile phone usage
4. Ageing workforce, ageing market
5. Ethnic diversification
6. Multi-channel delivery and engagement
7. Social media communications strategies
8. Diminishing career loyalty
9. Price convergence online/offline
10. Drone technology in the supply chain
11. 3D Printing
12. Peer2Peer transactions.

Of course there are more – but you get the idea. Change is relentless, overwhelming, and unpredictable. You have two options to deal with this future:

1. You can develop strategies for each one, assign resources, and monitor progress in order to respond. You anticipate, react, and constantly fight. You win some and you lose some – but you can never stop worrying.

OR

1. You build your organisational culture to be an adaptive system. A system that is self-governing that thrives on complexity and is anti-fragile.

Which one is the hardest?

Which is the most effective?

Most importantly, what do you choose?

Have Fun

Dennis

Ganador – Making a better future happen.