This presentation explores the concept of digital disruption and its impact on the retail sector. It discusses the types of jobs available in the sector and the skills required for a successful career. The presentation also includes an online research questionnaire and a discussion guide.
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Table of Contents ï‚´Introduction ï‚´What is Digital Disruption? ï‚´Impact of Digital Disruption on Retail Sector ï‚´Types of Jobs in Retail Sector and Skills Required ï‚´Online Research Questionnaire ï‚´Discussion Guide ï‚´Conclusion ï‚´References
Introduction Digital technology has emerged to be one of the most important aspects of businesses today. Almost all businesses operating across different industries have incorporated digital technology in their systems in order to enhance overall productivity as well as gain a competitive edge in the market. Sector chosenforthispresentationistheRetailsector,whichcomprisesof businesses that involve buying and selling of goods and service.
What is Digital Disruption? Digital Disruption can be referred to as a transformation which is caused due toemergingdigitaltechnologiesanddifferentbusinessmodels.These technologies can impact the overall value of the products and services that are offeredbydifferentorganizationsintheindustry.Itcanaffectthe expectations as well as behavior,cultureandbusiness processesin an industry.
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Impact of Digital Disruption on Retail Sector Technology is constantly evolving the way customers shop and make purchase decisions. This has made important for the retailers to adopt themselves to the changing preferences and behaviors of customers. Role of data as a business tool The primary role of data is to allow leaders and managers within a company to make effective decisions based on facts and market trends. Data not only helps in improving the business processes but also reduce the amount of unnecessary money and time.
Types of Jobs in Retail Sector and Skills Required The different types of jobs in the retail sector include sales associate, cashier, business development executive, customer service representative, a visual merchandiser etc. Also, in order to build a successful career within the sector skills that are required by a candidate include clear knowledge of retail, excellentcommunicationandpeopleskills,abilitytohandleworkload, problem-solving skills, organizational skills and ability to work as part of a team/group.
Online Research Questionnaire Q.1 Do you have any knowledge about the concept of Data Disruption? a) Agree b) Disagree Q.2 How has digital disruption impacted the retail sector? a) Improve business processes b) Increase in workload c) Rise in privacy concerns
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Cont… Q.3 What are the types of jobs available in retail sector? a) IT Consultant b) Software Engineer c) Sales Associate Q.4 What are the skills that will be required to build a successful career in retail sector? a) Excellent communication skills b) Poor work ethics c) Poor time management skills
Discussion Guide A face to face interview with an industrial professional will discuss about the concept of digital disruption and the impact it has had on the retail sector. The concept has emerged out to be the most powerful across industries today and hascompletelychangedthewayinwhichbusinessescarryouttheir operations. The industry professional will also be asked about the types of jobs that are offered by the sector and skills that will be required to build a successful career in the same.
Cont… The industrial professional will be asked to explain the concept of digital disruption in order to enhance knowledge about how has it impacted not only the retail sector, but other sectors as well. He/she will also be asked about how can businesses evolve their operations by incorporating this concept in their system. A discussion about the various jobs, careers that are available in the sector and the way in which they have been impacted by digital disruption will also be done.
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Testing the Questionnaire The questionnaire that is developed was tested upon a member of the industry. The technique worked out to be very effective as the questions were well structured and not confusing. The professional was able to answer them and the information that was gathered was analyzed in a proper way to obtain desired results. Questionnaires are one of those research tools that are used widely across various industries in order to collect data.
Conclusion From the presentation, it can be concluded that digital disruption has brought a radical change in the retail sector. It has emerged out to be one of the contributing factors towards enhancing and improving the way in which organizations in the sector function. There are numerous jobs that are offered by the sector- sales executive, cashier, customer service representative being some of them. Lastly, in order to build a successful career, it is important for aspiring candidates to have important skills like communication, interpersonal, problem-solving skills etc.
References ï‚´Kong, Q. and et. al., 2019. Machine learning in seismology: Turning data into insights.Seismological Research Letters. 90(1). pp.3-14. ï‚´Tiwari, S., Wee, H. M. and Daryanto, Y., 2018. Big data analytics in supply chain management between 2010 and 2016: Insights to industries.Computers & Industrial Engineering. 115. pp.319-330.
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