Retail leaders know they have to embrace radical change. Recent research from EY shows that over 8 in 10 (81%) of senior retail executives recognise the need for bolder measures, while the same number report growing pressure to change their operating models. This is why we created The DNA of the Retailers of Tomorrow.
The study will stimulate and frame a global conversation around retail transformation, identify the key building blocks underpinning successful retail transformation, and produce a new global framework to help retailers understand their progress.
We will deliver the study in two research phases. Phase one will launch at the World Retail Congress in April 2017.
The initial findings we explore in the first phase are based on six months of research, including a survey and in-depth interviews with over 150 Chairs, CEOs and senior executives from the retail sector globally.
We worked with our Advisory Forum to scope out the key themes underlying retail transformation and then tested and expanded these themes through wider conversation with global senior retailers. These themes became the 10 DNA BLOCKS OF TRANSFORMATION™.
Phase two will focus on further engagement with the global retail community. We will look at each of the 10 DNA BLOCKS OF TRANSFORMATION™ in depth and highlight global best practices and case studies. Ultimately, we will develop a new global framework for retail transformation against which retailers from across the world can assess themselves.
For phase two to be successful, participation is essential. To get involved, contact Steve Baggi, Co-founder of Green Park and Author of The DNA Series at firstname.lastname@example.org.
To download your copy of The DNA of the Retailers of Tomorrow: Phase One, launched at the World Retail Congress in April 2017, click here.