Consumer & Retail: Fostering Creativity and Innovation
Organizations share strategies for engaging and attracting the emerging generation of leaders in the Consumer and Retail sector.
Traditional retail business models have undergone a complete revolution, with online, mobile and discount all changing the dynamics for high street retailers who are scrambling to ensure they remain relevant and competitive. New entrants drive innovation while facing all the intricacies of scaling and transitioning founding teams. Many businesses are seeing the leadership baton increasingly passed to Millennials, with Gen Z becoming a significant percentage of the workforce. Organizations must seek leaders who can adapt and respond effectively to meet these demands.
Ladislava Molnárová, Partner at Amrop Slovakia and a member of Amrop’s Global Consumer Practice, shares her views: "Attracting the next generation of leaders is becoming increasingly vital for consumer and retail companies seeking sustainable success. Global 'academy' companies like Tesco and Heineken are spearheading initiatives designed to meet the unique aspirations of these young talents. By providing insights into their company culture and offering international experiences, these organizations are preparing young leaders to navigate the complexities of the global market."
