Bionic Retail

A new retail species is emerging from the chaos of innovation, a fusion of technological and human capability, making retail better… faster… stronger. Bionic Retail.

But as retail evolves into the future, there is a problem: The pace of change outside organizations is growing faster than within… creating a growing gap. A gap between how we believe the world is and how it actually is. A gap between the processes, practices, and culture that has made retail successful in the past, and what’s required in the time ahead. And a growing gap between shopper expectations and the traditional store.

As we pass the inflection point on the exponential growth curve of technology, retailers can harness accelerating innovation to create the future of retail… or choose to remain on the path to retail purgatory. But an inspired vision alone is potential. There are decisions to be made and work to be done to create the flywheel to the future.

Shedding constraining beliefs and practices must be combined with an ongoing view into new and future technology developments. And those synthesized into an evolving vision for retail’s future.

So you have a decision to make: Will you purposefully decide to change paths to the bionic future, or remain on the path to retail purgatory?