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Headline Verdana Bold
Surfing Tides of Retail Change
A Talent Perspective
February 2017
Surfing Tides of Retail Change© 2017 Deloitte Touche Tohmatsu India LLP 2
Surfing Tides of Retail Change: Key Themes
Increased
Digitalization
in Retail
Balanced,
Dynamic
Staffing
Models
Making Retail
a Preferred
Employer of
Choice
Changing global scenario and competitive pressures
are making retailers put a greater emphasis on
managing talent
Retailers are now taking distinct approaches to
adopt digital technologies in attracting,
engaging and retaining talent
Retailers have started exploring dynamic and
collaborative staffing models, which offer varied
choices to employees, to leverage and cultivate more
long-term employment relationships
The employer brand is now being effectively used by
the retailers to distinguish themselves, promote
their strengths and values, and highlight what
makes them an employer of choice
This study draws its finding and
analysis primarily from retail
trends survey conducted by
Deloitte Globally in 2016 along
with key insights from secondary
data.
These trends were then
juxtaposed with retail trends
in India through interactions
with HR leaders in India to
validate the themes and arrive at
the insights outlined in this
paper.
Evolving
Talent Trends
Affecting
Retail
Surfing Tides of Retail Change© 2017 Deloitte Touche Tohmatsu India LLP 3
Key findings reveal Indian retailers are adopting new ways to cope with the market and
talent uncertainties
Evolving Talent Trends in Retail
Millennial focus
and evolving
talent sources for
talent attraction
and engagement
Training and
Skill
Development
• Gamification
• Simulations
• On-Demand
trainings
Focus on full
Employee
Experience
Equation
Work-life
integration
Increased Digitalization in Retail
Empowering
through
Simplification
Training On-
Demand
Building People
Analytics
Capability
• Adoption of automated processes
• Apps for enhanced store
management
• Use of smart systems to predict
footfall
• Virtual classrooms
• E-learnings
• Access to performance data
• Workforce Analytics
Making Retail an Employment of Choice
Evolution of Staffing Models
Use of workforce management
software
Posting schedules in advance
Deployment of right incentives
Accounting employee preference for
assigning work
Opening grounds for apprentices and
interns
Employee Value
Proposition
Inviting employees
to the innovation
table
Talent Management
Strategies to
integrate employees
into the workforce
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member
firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as
“Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member
firms.
This communication is for internal distribution and use only among personnel of Deloitte Touche Tohmatsu Limited, its member firms, and their
related entities (collectively, the “Deloitte network”). None of the Deloitte network shall be responsible for any loss whatsoever sustained by any
person who relies on this communication.
© 2017. For information, contact Deloitte Touche Tohmatsu Limited

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Surfing Tides of Retail Change: Key Themes and Evolving Talent Trends

  • 1. Headline Verdana Bold Surfing Tides of Retail Change A Talent Perspective February 2017
  • 2. Surfing Tides of Retail Change© 2017 Deloitte Touche Tohmatsu India LLP 2 Surfing Tides of Retail Change: Key Themes Increased Digitalization in Retail Balanced, Dynamic Staffing Models Making Retail a Preferred Employer of Choice Changing global scenario and competitive pressures are making retailers put a greater emphasis on managing talent Retailers are now taking distinct approaches to adopt digital technologies in attracting, engaging and retaining talent Retailers have started exploring dynamic and collaborative staffing models, which offer varied choices to employees, to leverage and cultivate more long-term employment relationships The employer brand is now being effectively used by the retailers to distinguish themselves, promote their strengths and values, and highlight what makes them an employer of choice This study draws its finding and analysis primarily from retail trends survey conducted by Deloitte Globally in 2016 along with key insights from secondary data. These trends were then juxtaposed with retail trends in India through interactions with HR leaders in India to validate the themes and arrive at the insights outlined in this paper. Evolving Talent Trends Affecting Retail
  • 3. Surfing Tides of Retail Change© 2017 Deloitte Touche Tohmatsu India LLP 3 Key findings reveal Indian retailers are adopting new ways to cope with the market and talent uncertainties Evolving Talent Trends in Retail Millennial focus and evolving talent sources for talent attraction and engagement Training and Skill Development • Gamification • Simulations • On-Demand trainings Focus on full Employee Experience Equation Work-life integration Increased Digitalization in Retail Empowering through Simplification Training On- Demand Building People Analytics Capability • Adoption of automated processes • Apps for enhanced store management • Use of smart systems to predict footfall • Virtual classrooms • E-learnings • Access to performance data • Workforce Analytics Making Retail an Employment of Choice Evolution of Staffing Models Use of workforce management software Posting schedules in advance Deployment of right incentives Accounting employee preference for assigning work Opening grounds for apprentices and interns Employee Value Proposition Inviting employees to the innovation table Talent Management Strategies to integrate employees into the workforce
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