A lack of retail experience at the top of the newly-emerging board at the John Lewis Partnership risks putting the group at a further ‘disadvantage’ in the cut-throat world of department stores, a leading retail analyst has claimed.
Speaking to This is Money, Richard Hyman said: “If knowledge and experience has any value at all in leadership and decision-making, it follows that having none provides no context in which to view things.”
Read the full article on the This is Money website
NAM Implications:
- Apart from retail experience being a given in the current UK retail climate…
- Key is the fact that profit share forms a crucial part of remuneration package…
- Simply not paying it is not an option.
- Meaning staff that can move on…
- …whilst remaining morale impacts the aisle.
- Watch this space…
