In today’s rapidly evolving retail landscape, staying ahead means anticipating disruption, adapting with agility, and building resilient organizations from within, and little is more uncertain than AI's impact in the retail workforce.

Dive into AI’s impact on the workforce in this on-demand webinar, exploring the practical insights retailers need to champion these breakthroughs while truly supporting their people through the change.

The impact of AI on the retail workforce

AI offers potential productivity gains up to 50% when integrated with the right operating model, mindset, skillset and toolset, but cannot deliver its full value in isolation.

AI will not replace all jobs. Instead, it will change every role; AI will optimise supply chains, enable hyper-personalisation, transform e-commerce and challenge future retail strategies. AI provides new opportunities for us to design retail work in the most effective, strategic way.

Challenges include high upfront investment, skills gaps, slow adoption, and potential negative impacts on employee experience and customer relationships due to reduced human touch. The retail sector also faces generational workforce shifts, with automation reducing entry-level roles.

 

Employer readiness: what you should do now

Successful AI transformation starts with alignment to business strategy

  • Understanding the work and transforming it through automation and augmentation  to build the optimal human-AI partnership
  • Leveraging existing capabilities when redeploying talent to the most strategic activities
  • Optimising the shape, size and composition of your teams to ensure compelling customer and employee experiences in the most efficient way

HR often leads as the initial adopter

  • Focus more on behavioural skills such as storytelling, influencing, data interpretation and relationship management
  • Digital literacy and cybersecurity are critical workforce skills, with recent high-profile data breaches underscoring the importance of robust security practices. The greatest threat = people and human error.
  • Employee listening and designing work experiences are vital, as 62% of employees feel leaders underestimate AI’s emotional and psychological impacts.

 

How Marsh can support you on your journey

 

Additional reading materials

 

What's next?

Join us at our upcoming webinar on 16 June, Building Flexible Work Models and Resilient Teams.

This webinar is in partnership with...