workforce in motion [webinar]

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Workforce in Motion Recruiting, Retaining and Engaging the New Face of the Retail Workforce #MillennialWFM

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While retailers have been swift to adopt mobile technology to satisfy the always-on consumer, they have been much slower to embrace mobility for their workforce. With more than 80 million millennials rapidly emerging as the face of the retail workforce, retailers must adapt and evolve their management practices to stay relevant to this challenging generation. Mobility, and technology in general, will play a critical role in the retail evolution. A recent survey of more than 100 retailers revealed how retailers are prioritizing workforce technology, scheduling, mobility and management strategies. In this webinar, you will learn how to build a smarter and more efficient workforce with next-generation technology and mobility to ensure better staffing, productivity, compliance and employee satisfaction. To learn more, register for the webinar, titled: Workforce in Motion: Recruiting, Retaining and Engaging the Millennial Workforce. View this webinar on-demand: http://www.retailtouchpoints.com/workforce-in-motion

TRANSCRIPT

Page 1: Workforce In Motion [Webinar]

Workforce in Motion Recruiting, Retaining and Engaging the New Face of the Retail Workforce

#MillennialWFM

Page 2: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

#MillennialWFM

HOST & MODERATOR

Alicia FiorlettaAssociate Editor

John West Director of Retail Consulting

Dave Bruno Director of Product Marketing

Page 3: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

1 2 3 4 5 6 The New Face

of Retail Recommended

Response WFM Status

Report Technology’s

Emerging Role The Road

Ahead Closing and

Q&A

Page 4: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

The New

Retail Face of

Page 5: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

80M Americans born between

1981 and 2000 -comScore

There are an estimated

Page 6: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

76M 51M 80M

The Largest Generation

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Would You Know a Millennial if You Saw One?

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

They’d rather talk to Siri than anyone else on the phone.

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

They know how to write code, but not cursive.

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

They’ve only seen commercials in fast forward mode.

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

They think swinging a Wii Remote is physical exercise.

Page 12: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

--Gen Y in the Workplace, Millennial Branding and Payscale

5X Already, Millennials are

as likely as any other generation to hold retail merchandising and sales jobs

Page 13: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

1/2 By 2020 of all retail workers will be Millennials

--Gen Y in the Workplace, Millennial Branding and Payscale

Page 14: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Audience Polling Question #1

What percentage of your workforce would you estimate are Millennials? A.  Less than 25% B.  25% - 50% C. Greater than 50%

Page 15: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Separating Myths from Millennials

Page 16: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Stereotype: In it for the Short Term

Page 17: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Millennials are as committed to their work as non-Millennials

--NextGen: A Global Generational Study, PwC

Page 18: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Stereotype: High Expectations

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

--NextGen: A Global Generational Study, PwC

Millennials do not expect employers to meet all their needs

Page 20: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Recognition is Required

Stereotype:

Page 21: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Desire for coaching stems from Millennials’ call for

meaning, mentorship and meritocracy --No Collar Workers, MTV Research

Page 22: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Stereotype: A Premium on Balance

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Stereotype: A Premium on Balance

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Millennials are the first generation to truly grow up with technology

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

A Typical Night off the clock

Plans via Movie via Restaurant via Photos via

Page 27: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

A Typical Day

Check Schedules via

Request Time Off via

Punch In and Out via

Plan the Workday via

on the clock

1/2 of Millennials indicate that managers

do not always understand the way they use technology at work

Almost…

--NextGen: A Global Generational Study, PwC

Page 28: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Audience Polling Question #2

Would you describe the Millennials in your workforce as good multi-taskers? A. Yes B. No

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

How

Retailers RESPOND Should ?

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Mobility

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Self-Service Scheduling

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Schedule Modeling

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Workforce Management

Health CHECK

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Industry Surveys 2

220 > RESPONSES

November 2012-January 2013

Hardlines | Softlines | Grocery | Hospitality

Page 35: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

use manual systems, homegrown systems or spreadsheets to manage workforce

scheduling and optimization

44%

Page 36: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

have automated scheduling systems that manage labor across the entire enterprise 16%

Only…

Store Only

No Automation

DC Only

26%

34%

16%

Page 37: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Serious Scheduling Shortcomings…

Limited modeling for seasonality, promotions, new marketing 32%

Unplanned/unbudgeted labor costs

Inability to jointly schedule traffic- based and task-based labor

Balancing site-level workloads and budgets

31%

29%

26%

of retailers surveyed are either “completely” or “highly” satisfied with their existing workforce scheduling

and optimization capabilities

45% Only…

Page 38: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Mobile is on the Move The Good News?

64% intend to spend more money on

mobile workforce technology than they spent in 2012

18% intend to spend significantly more

and…

Page 39: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Weighing Mobile’s Impact

4.16 Customer Service

3.73 Customer Service

3.56 Endless Aisle Selling

3.16 Self-Service Scheduling

Functions Mobility Can Impact?

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Calculating Mobile’s ROI

Mobile Apps w/Highest ROI Potential?

69% Mobilizing paper processes, improving the timeliness of communications

61% Mobilizing task assignment and execution, compliance, visibility

55% Providing “endless aisle” capabilities to sales associates

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

WFM Technology

The Emerging Role of

And Millennial Workers

Page 42: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Time & Attendance Demand Forecasting Scheduling Optimization

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

3. Incorporate Employee Preferences

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Audience Polling Question #3

What are your plans for workforce mobility investments in the next 12-18 months A.  Less than previous B. The same as previous C. More than previous

Page 48: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

AHEAD The Road

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Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Empowered Associates Ahead

58% Will use smartphones to complete tasks

52% Will use tablets for clienteling

36% Will use smartphones for fulfillment

Associate Capabilities by Year End?

Page 50: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

More Mobile Managers

62% Smartphones to complete/assign tasks

46% Smartphones to view and adjust schedules

44% Smartphones to view KPIs in real time

Manager Capabilities by Year End?

Page 51: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

WFM Upgrades Pending…

40% plan to implement/upgrade

workforce technology

Page 52: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

The Next 24 Months?

Page 53: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Strategic  WFM  Consultants  &  Implementa7on  Experts  

•  160  +Consultants  focused  on  Workforce  Management  •  60+  Retail  Clients  •  Impac7ng  5M+  Employees  in  115,000  Stores  

Operational Excellence

Consistent Customer Experience

Significant Return on Investment

Page 54: Workforce In Motion [Webinar]

Copyright 2013 JDA Software Group, Inc. - CONFIDENTIAL

Customers 35 Countries 250

1.2M Employees 100,000 locations

TASK MANAGEMENT

SCHEDULING TIME & ATTENDANCE

LABOR STANDARDS

LABOR MANAGEMENT

Industry-leading Retail WFM capabilities

Page 55: Workforce In Motion [Webinar]

Thank You Questions?