Reaching Net Zero Carbon Targets and improving sustainability throughout supply chains will remain alongside managing investor relations and reporting requirements remain board priorities for 2021.
Key challenges, big opportunities
Focus on the trends that are reshaping the industry:
Digitalisation
Strategies for online, stores, product development and marketing digitalisation have been accelerated in 2020 to allow for the optimisation of platforms to create meaningful consumer engagement opportunities.
Future of Employment
Enhanced transparency, the introduction of new ways of working and Brexit challenges are going to be key challenges for those managing workforces in 2021.
Managing Bricks & Mortar
Retailers are re-thinking the shopping experience, how they utilise their store portfolios and how this interacts with their digital platforms.
Supply Chain
After a relatively stable decade, supply chain became possibly the headline theme of 2021 - and related issues will continue to dominate in 2022. Successful companies will have a pro-active short- and long-term strategy to deal with the immediate threat and set up for future success.