Sector

Left field thinking (Maybe)

Out of left field” is American slang meaning “unexpectedly”, “odd” or “strange”.

Innovation is often linked to top line revenue growth for organizations, however innovation for revenue growth only, ultimately leads to the demise of the business or business unit, product or services. Innovation should not and must not be a stand-alone activity, Innovation is a culture, behaviour and belief, a process an incorporated fundamental part of business evolution.

So how do you grow, Customer Satisfaction & Loyalty, Effective Resources and Smart Data?

How about looking left?

Protect

Protecting your customer from, bad data/information/monetization. The new business environment needs consumer champions, just as online retailers declared a war on stripping cost from the supply chain in order to create a sense of loyalty from their customers. New world organizations need to become the champions of the new information age for their customers and staff, which means they need to Step and Speak UP for their consumers, in the battle against the various important issues their customers are facing such as monetization of personal data or the honest labeling of their products.

Collaboration

Collaborate with your customers and staff, by providing the true tools of collaboration, allowing for multi-sensory collaboration, rewarding freethinking for the creation of grass roots ideas and transformative conversations.

Listen

Listen, Listen & Listen Creating true feedback loops, from your data, customers & staff.

Fail

Allowing your innovation team and business units, the space to learn from failure and documenting the outcome and learning and from it, but ultimately this is how you win and grow your business.

Corporate backbone

Having the correct Organizational Structure is critical, a flat structure that allows for direct and clear communication between departments, staff & management. Build the right team and give them “Measurable Space”.

Experience

Treating your customers, as the most valuable asset in your business is practically easier said than done. This means that you have to provide the best possible platform or platforms for User Experience. For example why should customers queue to pay or check in or out, it is beyond belief with the technologies and information that is available today that organizations are still failing to liberate their customers through smart data?

So if – Knowledge=trust, food=health, education=creation, fashion=style, Identity=Smart Data. The home=your future operating environment – how will you address the future?

Sector

Left field thinking (Maybe)

Must Read

Must Read

March 14, 2025

Retail’s Next Big Shift: How Gen Z Shops & What It Means for Brands

Retail’s Next Big Shift: How Gen Z Shops & What It Means for Brands
January 20, 2025

Retail Economic Insights for 2025: Consumer Resilience and Market Trends

Retail Economic Insights for 2025: Consumer Resilience and Market Trends
Book (1)

The Future of Retail Now

is not just a book about the future of 2030 but a practical guide for taking action today. It explores how the retail sector is being transformed by technological innovations, shifting consumer expectations, and the urgent need for sustainability, providing tools and insights to thrive in a constantly evolving world.

Local

London, UK

Contact us for Retail News updates or Partnership

Sofia@retailnews.ai

Copyright © 2025 Retail News.

Developed by Digital Win

Book

The Future
of Retail Now

is not just a book about the future of 2030 but a practical guide for taking action today. It explores how the retail sector is being transformed by technological innovations, shifting consumer expectations, and the urgent need for sustainability, providing tools and insights to thrive in a constantly evolving world.

Local

London, UK

Social

Linkedin
Instagram
Threads
Youtube
X.com

Contact us for Retail News updates or Partnership

Sofia@retailnews.ai

Copyright © 2025 Retail News.

Listen to
professional
news podcast

Welcome to The Retail Podcast, the must-listen podcast for retail professionals and enthusiasts seeking to unlock the secrets of retail success.