Hiring Leadership Strategies
With the holiday season upon us, the challenges retailers are facing aren't just about having enough of the right products stocked and ready. Often, the most pressing challenge is having enough staff on hand to service customers. An understaffed retail team causes customers to be underserved, so employers should do all they can to make sure theirโฆ
Merchants were once the only critical players in the retail industry. Their ability to drive the business by understanding the customer and predicting customer behavior made them invaluable to their organizations. However, now that โomnichannelโ retailing is the new reality, the merchantโs role is rapidly changing. A merchant must now also be able to absorb enhanced analytics and work even more closely with design and marketing applications to understand and adapt to trends that satisfy quickly changing customer tastes.
Organizational needs have changed over the past five years as we get comfortable in the second decade of the 21st century. Human capital (i.e., people) are the only resource that will make a difference, regardless of the industry you work in. Hiring practices must change if one is to maximize the organizationโs ability to hire the best. Hereโs whatโs in and whatโs out for retailers looking to acquire and retain executive talent this year.
If Snapchat made a gadget, what would it be? That's not a rhetorical question. The social media startup, currently valued at $16 billion, is recruiting hardware experts for a stealthy new project. Snapchat now counts nearly a dozen wearable technology vets among its ranks, as well as industrial designers who worked on Nokia phones and Logitech's popularโฆ
What do you enjoy most about working in the retail industry? My dad was a small business owner, Arelโs Flowers & Gifts, for 35 years โ it just closed this year. The store was another member of our family and a big part of our smallโฆ
What do you enjoy most about working in the retail industry? The fast pace and working with a team thatโs always innovating and creating/executing new ideas โ a team that truly doesnโt know what cannot be done. If you werenโt working in the retailโฆ
What do you enjoy most about working in the retail industry? There are so many things that I love about the industry, namely the product, the pace and the people! If you werenโt working in the retail industry, what do youโฆ
What do you enjoy most about working in the retail industry? I love that retail is both art and science, instinct and data. For me, retail has always been the perfect mix of strategy, financial acumen, creativity, problem solving, inter-personal connections andโฆ
What do you enjoy most about working in the retail industry? The consumer connection, the art and science, and the innovation. If you werenโt working in the retail industry, what do you think youโd be doing? Tech, travel and philanthropy. How would you describe your leadership style?โฆ
What do you enjoy most about working in the retail industry? In retail, we have an incredible opportunity to truly understand and get up close and personal with customers. On a daily basis, we consider things like what do theyโฆ