“In this world nothing can be said to be certain, except death and taxes...”
…and the chances of a business winning or losing is down to the quality of its people.
Last week we sponsored The Grocer’s annual Top New Talent Awards Event, which not only showcased retail’s rising stars but was attended by CEOs and HR directors from some of the UK’s leading retail and consumer goods businesses. This support underlines the importance of hiring, nurturing and retaining the best.
The industry is facing huge upheaval and disruption in terms of declining sales, store formats and new technology. For the likes of Tesco and Asda this has been further compounded by the challenges introduced by fast-growing discounters. But the future is bright - meeting the TNT winners and businesses leaders as well as speaking to hundreds of candidates at Freshminds, it is clear that it remains a great industry and a fantastic place to forge your career. The opportunities within the industry are huge, this was clear from the list of last night’s winners which included store managers, buyers, managing directors, entrepreneurs, inventors and pricing consultants, to name just a few.
I took three key reflections of the evening:
People and leadership
Trading in real stuff
When navigating the uncertainty of the industry over the next decade it is clear that having the best team on board, from school leavers and graduates to CEOs, will ensure the retail world is on a stronger footing than ever before and the UK continues to be a world leader in this space.