workforce in motion: recruiting, retaining and engaging millennials - the new face of the retail...

Post on 10-May-2015

1.169 Views

Category:

Technology

0 Downloads

Preview:

Click to see full reader

DESCRIPTION

An entirely new store associate has emerged onto the retail scene. Today’s new associates are both well versed and confident in their ability to put technology – particularly mobile technology – to work to enrich their daily lives. They embrace and integrate new gadgets, devices and applications into their lifestyles unlike any preceding generation. At 80 million strong in the U.S., Millennials are rapidly emerging as the dominant generation in retail’s workforce. This presentation was originally broadcast during a live webinar hosted by Alicia Fiorletta of Retail Touchpoints and features Dave Bruno of JDA and John West of Workforce Insight. During the presentation, Dave and John discuss and dispel many of the stereotypes surrounding Millennials in the retail workforce, they share their insights on how to best meet their demands and expectations, and they share some new research detailing how retailers intend to leverage technology to be more successful recruiting, engaging and retaining the new face of retail.

TRANSCRIPT

Workforce in MotionRecruiting, Retaining and Engaging the New Face of the Retail Workforce

#MillennialWFM

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

#MillennialWFM

HOST & MODERATOR

Alicia FiorlettaAssociate Editor

John WestDirector of Retail Consulting

Dave BrunoDirector of Product Marketing

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

1 2 3 4 5 6The New Face

of RetailRecommended

ResponseWFM Status

ReportTechnology’s

Emerging RoleThe Road

AheadClosing and

Q&A

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

The New

RetailFaceof

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

80MAmericans born between

1981 and 2000-comScore

There are an estimated

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

76M 51M 80M

The Largest Generation

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Would You Know a Millennial ifYou Saw One?

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

They’d rather talk to Siri than anyone else on the phone.

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

They know how to write code, but not cursive.

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

They’ve only seen commercials in fast forward mode.

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

They think swinginga Wii Remote isphysical exercise.

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

--Gen Y in the Workplace, Millennial Branding and Payscale

5XAlready, Millennials are

as likely

as any other generation to hold retail merchandising and sales jobs

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

1/2By 2020of all retail workers will be Millennials

--Gen Y in the Workplace, Millennial Branding and Payscale

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Audience Polling Question #1

What percentage of your workforce would you estimate are Millennials?

A. Less than 25%

B. 25% - 50%

C. Greater than 50%

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Separating Myths from Millennials

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Stereotype:In it for the Short Term

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Millennials are as committed to their work as non-Millennials

--NextGen: A Global Generational Study, PwC

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Stereotype:High Expectations

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

--NextGen: A Global Generational Study, PwC

Millennials do not expect employers to meet all their needs

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Recognition isRequired

Stereotype:

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Desire for coaching stems from Millennials’ call for

meaning,mentorship and meritocracy--No Collar Workers, MTV Research

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Stereotype:A Premium on Balance

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Stereotype:A Premium on Balance

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Millennials are thefirst generation to truly

grow up with technology

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

DISCONNECTRetail’s Big

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

A Typical Nightoff the clock

Plans via Movie via Restaurant via Photos via

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

A Typical Day

Check Schedules via

Request Time Off via

Punch In and Out via

Plan the Workday via

on the clock

1/2of Millennials indicate that managers

do not always understand the way they use technology at work

Almost…

--NextGen: A Global Generational Study, PwC

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Audience Polling Question #2

Would you describe the Millennials in your workforce as good multi-taskers?

A. Yes

B. No

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

How

RetailersRESPONDShould ?

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Mobility

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Self-ServiceScheduling

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

ScheduleModeling

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Workforce Management

HealthCHECK

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

IndustrySurveys2

220>RESPONSES

November 2012-January 2013

Hardlines | Softlines | Grocery | Hospitality

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

use manual systems, homegrown systems or spreadsheets to manage workforce

scheduling and optimization

44%

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

have automated scheduling systems that manage labor across the entire enterprise16%

Only…

Series1

Store Only

No Automation

DC Only

26%

34%

16%

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Serious Scheduling Shortcomings…

Series1

Limited modeling for seasonality, promotions, new marketing 32%

Unplanned/unbudgetedlabor costs

Inability to jointly schedule traffic-based and task-based labor

Balancing site-level workloads and budgets

31%

29%

26%

of retailers surveyed are either “completely” or “highly” satisfied with their existing workforce scheduling

and optimization capabilities

45%Only…

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Mobile is on the MoveThe Good News?

64%intend to spend more money on

mobile workforce technology than they spent in 2012

18%intend to spend significantly more

and…

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Weighing Mobile’s Impact

4.16 Customer Service

3.73 Task Management

3.56 Endless Aisle Selling

3.16 Self-Service Scheduling

Functions Mobility Can Impact?

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Calculating Mobile’s ROI

Mobile Apps w/Highest ROI Potential?

69%Mobilizing paper processes, improving the timeliness of communications

61%Mobilizing task assignment andexecution, compliance, visibility

55%Providing “endless aisle” capabilitiesto sales associates

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

WFMTechnology

The Emerging Role of

And Millennial Workers

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

1. An Integrated Approach

Time & AttendanceDemand ForecastingScheduling Optimization

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

2. Schedule to Demand Patterns

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

3. Incorporate Employee Preferences

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

4. Mobilize Task Management

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

5. Mobilize Everything

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Audience Polling Question #3

What are your plans for workforce mobility investments in the next 12-18 months

A. Less than previous

B. The same as previous

C. More than previous

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

AHEADThe Road

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Empowered Associates Ahead

58%Will use smartphones to complete tasks

52%Will use tablets for clienteling

36%Will use smartphonesfor fulfillment

Associate Capabilities by Year End?

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

More Mobile Managers

62%Smartphones to complete/assign tasks

46%Smartphones to viewand adjust schedules

44%Smartphones to viewKPIs in real time

Manager Capabilities by Year End?

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

WFM Upgrades Pending…

40%plan to implement/upgrade

workforce technology

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

The Next24 Months?

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Strategic WFM Consultants & Implementation Experts

• 160 +Consultants focused on Workforce Management• 60+ Retail Clients• Impacting 5M+ Employees in 115,000 Stores

Operational Excellence

Consistent Customer Experience

Significant Return on Investment

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Customers35 Countries250

1.2M Employees100,000 locations

TASK MANAGEMENT

SCHEDULING TIME & ATTENDANCE

LABOR STANDARDS

LABORMANAGEMENT

Industry-leading Retail WFM capabilities

Thank YouQuestions?

top related