Portrait Of Tomorrow’s Retail CEO: Digital, Data-Driven And Male

How will the next generation of retail CEOs tackle the industry’s biggest challenges? According to a study of 58 aspiring CEOs by interim and executive search firm Green Park, 71% will rely on data to make decisions, versus only 11% who say they will rely on their instincts. This fondness for data will come naturally to this next generation of CEOs, 75% of whom will come to the job with extensive digital knowledge.

In what may be a worrying sign for the future of brick-and-mortar retailing, only 21% will have predominantly store-based experience, while more than half (52%) will have experience working outside the retail sector, according to this infographic.

As for gender diversity, the news isn’t great: 71% of this group of budding chief executives are male. Still, retail may do better at closing the gender gap than the business world at large, where less than 5% of Fortune 500 CEOs are female.

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IG FIME 7.5.16

Source: Green Park

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