Real Change in the Retail Sector
All industries have seen a major change to their business model in recent years, but retail has perhaps seen the largest shift in a generation. With physical retail experiences remaining closed for many months, retail operations have had to adapt and rethink how they present themselves to customers. Many traditional bricks and mortar businesses have seen rapid expansion and investment in remote retailing and building a much stronger online presence. Whilst the coronavirus pandemic has been a hugely challenging period for the retail sector, it is an industry used to rapid change and adoption of new trends. Over the period, there has been great levels of innovation in product offering and routes to market.
Project One has been working with retail and CPG organisations to adapt to large increases in ecommerce and digital customer engagement. Work has also been carried out across the sector to optimise cost and increase the effectiveness of marketing, supply chain and customer experience in both the virtual and physical world. Many organisations are looking at new use cases for physical space and partnering with logistics organisations to provide customers with remote shopping options which have not previously existed for that particular product vertical. With this change likely to be a permanent one, many organisations in the sector have engaged Project One as change experts to transform their business capabilities at pace and scale.
Award Winning Work
The Financial Times has named Project One, again, as one of the UK’s leading management consultancies in its annual report, with a silver award in the categories of ‘Digital Transformation’ and ‘Organisation and Change’, in addition to a further three bronze awards for sector expertise.
Out of 1,600 organisations, 213 were recognised in the list. Project One was featured at no.33 and were the only boutique consultancy to be recognised in the category of Digital Transformation.
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