Retailers’ growth at risk if skills shortage goes unaddressed
9 July 2014
Retailers must source talent from other sectors and adopt more robust talent management strategies or risk jeopardising growth, according to research from ReThink Retail.
Wed, 9 Jul 2014Retailers must source talent from other sectors and adopt more robust talent management strategies or risk jeopardising growth, according to research from ReThink Retail.
The recruitment specialist’s Retail Report – which analysed trends in the market over the past decade and predictions for the future – has called for a new generation of analytics professionals to address skills shortages in the retail sector.
Kate Barron, director of ReThink Retail, says: “Where professionals have previously had retail experience, the rise in omni-channel marketing and the growth of ‘Big Data’ analytics has resulted in greater demand for wider skills sets to support business growth and innovation – including technological and mathematical abilities.
“By adapting talent management strategies to focus on sourcing ‘well-rounded’ individuals with more general abilities, the sector will be better placed to overcome the current talent shortage and remain competitive.”
The recruitment specialist’s Retail Report – which analysed trends in the market over the past decade and predictions for the future – has called for a new generation of analytics professionals to address skills shortages in the retail sector.
Kate Barron, director of ReThink Retail, says: “Where professionals have previously had retail experience, the rise in omni-channel marketing and the growth of ‘Big Data’ analytics has resulted in greater demand for wider skills sets to support business growth and innovation – including technological and mathematical abilities.
“By adapting talent management strategies to focus on sourcing ‘well-rounded’ individuals with more general abilities, the sector will be better placed to overcome the current talent shortage and remain competitive.”
