Explore the world of profit warnings and their implications for retail businesses in this intriguing episode of the Retail Transformation Show. Join this conversation with Trevellyan Collier, Partner at EY, and you’ll delve into the intricacies of profit warnings and their impact on transformation initiatives and approaches. Gain valuable insights on profit warnings based on EY’s Profit Warning Report and learn how to adapt your retail transformation strategy accordingly.
Listen to this podcast episode to hear:
- How a business should change in the face of profit warnings – and if it is too late for transformation.
- How transformation has changed since the Covid-19 pandemic.
- If “turning the tanker” is the right analogy or mindset for modern transformation.
Introducing Trevellyan Collier
Trevellyan Collier is Partner in EY’s Consulting team. He describes himself as a Digital Optimist Transforming Smarter and Simpler Organisations.
Trevellyan leads EY’s Rapid Value Creation offer and has over 20 years’ experience of simplifying Retail, & Consumer Products businesses. He has a strong track record guiding clients through multiyear transformations by helping them make better and more agile decisions through the use of digital technologies, process efficiency and lean information flows.
His specialism is helping retail leadership teams achieve consensus on priorities and work together to take calculated risks solving macro problems, resulting in a more stable, higher performing operations running at lower cost.
To find out more about EY’s Consumer Products and Retail sector visit Consumer Products & Retail – EY UK’s latest thinking.
Or connect with Trevellyan Collier on LinkedIn.
Read more about EY’s latest Profit Warning Report
EY have released the 2023 Q1 report. Read more about the findings and how business has changed since 2020.
More episodes of the Retail Transformation Show to listen to
Looking for more insights on retail transformation strategies? We’ve got you covered with these handpicked episodes from the Retail Transformation Show that are sure to complement your listening experience.
Firstly, in episode 229: To Disrupt Or Not To Disrupt – Join Oliver Banks as he discusses the importance of major fundamental transformation and this is very relevance based on the discussion with Trevellyan Collier in this episode.
Next, in episode 210: Making Marginal Gains To Drive Profit Oliver Banks explores more about why and how focusing on a series of smaller changes can lead to a significant positive shift in retail performance.
And finally, in episode 87: The Reinventionist Mindset, dive into an insightful interview with Joe Jackman, as he shares the mindset and behaviours retailers should adopt when embarking on major changes. Also look out for part 2 of this conversation in episode 88.
Don’t miss these essential episodes that will help you enhance your understanding of retail transformation strategies and guide you through the ever-changing retail landscape.
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