Increased competition in an e-commerce driven market, rapid technological advances, and historically high turnover rates are just a few of the challenges elevating the expectations from Human Resources departments in the retail sector. HR departments must focus their efforts on finding new ways to grow and remain relevant in one of the most competitive industries in the world.
Companies that are able to survive the ever-changing momentum in the retail industry need to be swift in their ability to anticipate and adapt. What are CHROs considering so that their HR organizations can anticipate and adapt? Through work that we’ve done with retail clients, here are the top 10 initiatives that we are hearing from retail CHROs for 2018.