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From blueprint to breakthrough: How AI and automation can transform the consumer enterprise

McKensey

Let’s say a retail merchandiser starts the process of analyzing scores of sales data and making recommendations for stock adjustments. In fact, consumer-packaged-goods (CPG) and retail companies that lead in digital and AI are already showing three times greater total shareholder returns compared with their peers in the sector.

Retail 72
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We’ve been getting job training all wrong

Work Life

For example, manufacturing, wholesale and retail trade, education, and health services have a labor shortage. Organizations need new ways to train people in business-critical skills with speed and, most importantly, to prove that skills are job-ready. Chris McCarthy is the CEO of hands-on training company Skillable.

Training 111
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Oh, Mexico: A Burned-Out CEO Turns a Ranch into a Retreat

Success

Burned out from a career in retail, Lisa Harper sought refuge in sleepy coastal towns on the Baja California peninsula in Mexico. fit model and later worked for the denim designer and manufacturer by flying around the world to source products. I’d rather hire locally and train.” That was in the mid-1990s.

Retail 98
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‘We are somewhat invisible’: Why home care work is so hard—and so critical

Work Life

It might come as little surprise that working in retail or fast food ranks as one of the most common jobs in the U.S. There are workers in this sector who are trained nurses, while others lack any kind of certification but offer critical support to patients. Workers don’t always receive adequate training or high-quality equipment.

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The Best AI Tools for Business and Productivity in 2024

Success

DataRobot DataRobot is a cloud-based platform that provides users with automated data preparation tools and algorithms for various industrial use cases, including banking, retail, health care and the manufacturing and public sectors. Bid farewell to pointless meetings.

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Firms are optimistic about AI, but most have little idea what to do with it

Workplace Insight

63 percent of high performers provide extensive AI training versus 41 percent of low performers. Industries included manufacturing, financial services, retail, government/public sector, healthcare providers, energy and utilities, and transport and airlines.

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How to navigate the seismic shifts in workplace rules and roles in 2024

Work Life

Standalone, on-site workers include banking clerks, retail, manufacturing, processing, and food prep jobs and are classic candidates for automation or simplification and outsourcing. Looking after people and the success of their transition from the roles of today to those of tomorrow comes down to how training and change is managed. The