Consumer & Retail: Embracing the challenge to hierarchical structures
Organizations share strategies for engaging and attracting a new generation of leaders in the Consumer and Retail sector.
Consumer goods companies are navigating rapidly shifting consumer preferences and the opportunities and challenges brought by different, evolving channels to market. With new entrants sparking innovation, organizations must seek leaders who can adapt and respond effectively to meet these demands. Many businesses are seeing the leadership baton increasingly passed to Millennials, with Gen Z becoming a significant percentage of the workforce.
Lucie Shaw, Managing Partner at Amrop UK and Co-Leader of Amrop’s Global Consumer Practice, share reflections and insights from the sector: “Demographic shifts are already having a significant impact on our leadership talent pipeline. As more Gen X and Baby Boomer employees retire, Millennials are already struggling to step into their shoes, without considering the upcoming transition to Gen Z. Recognizing and addressing the specific needs and aspirations of these new generations of leaders and employees is crucial - it pays off to incorporate their unique perspectives and contributions for long-term growth.”
