Alignment is a crucial yet often overlooked aspect of retail transformation. As modern retail organizations grapple with diverse functions, goals, and cultures, achieving alignment becomes essential to steer clear of confusion and inefficiency. Oliver Banks explores the multifaceted nature of alignment, its impact both internally and externally, and offers practical insights into creating and maintaining cohesion. He emphasizes the necessity of alignment for consistent purpose, teamwork, effective communication, and decision-making. This episode is a must-listen for those navigating the complex retail transformation journey, seeking to harmonise various organizational elements towards a shared goal.
Key takeaways from this episode:
- Understand the complexities of modern retail organizations and the critical role of alignment in managing diverse functions, goals, and ways of working.
- Explore the consequences of misalignment, including confusion, inefficiency, and failure to meet objectives, and how it affects both the internal workings and customer perception and CX.
- Gain insights into creating alignment, from establishing a clear vision and purpose to effective leadership, communication, and collaboration strategies.
- Learn practical tools for achieving and maintaining alignment within your organization, as highlighted in Oliver Banks’s upcoming book “Driving Retail Transformation”.
Aligning your organisation with OB&Co
Oliver and OB&Co help retailers accelerate their transformation initiatives whilst successfully navigating disruption. Discover how together, you can align your organisation and propel your transformation initiative forward.
Give your transformation efforts a boost, then Book a Call.
Or connect with Oliver Banks on LinkedIn or by email at oliver.banks@obandco.uk.
Driving Retail Transformation: Aligning thinking and action
In the age of volatility and continued uncertainty, it’s essential to learn to navigate the disruption and change. Oliver Banks’s book, Driving Retail Transformation, is out in March 2024 and is your guide to learn how to change effectively.
Learn more about the book at DrivingRetailTransformation.com.
Additional episodes to listen to next
In episode 265: The Challenges Of Unified Commerce, Oliver welcomed Aptos’s Nikki Baird and Bain’s Bala Parameshwaran. Explore latest insight and trends about unified commerce, including why alignment is such a big opportunity to help develop a genuinely unified commerce company.
Alternatively, rethink your perspective on functional silos in episode 93: Rethinking Silos. Here, Oliver takes a look for and against the functional silo, including why they’re a good thing! But never the less, consider how you can make your organisation most effective.
And finally, listen to episode 250: Becoming Fit For The Future where Oliver explores 5 aspects of finding the right business for the future. These 5 are: clarity of customer, uniqueness, clarity of modelling, transformation plans, mindset. Dive deeper by taking a listen now!