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This episode of ReThink revealed focuses on how workload modelling can empower businesses to optimise their workforce effectively.
• Introduction to workload modelling and its significance
• Karen’s journey in becoming an expert in the field
• Importance of accurate data in building a successful model
• Real-world examples showcasing the impact of labour models
• Karen’s top tips for maintaining workload models
• Introduction to ReBudget: A new cloud-based solution for modelling
• Differences between Excel-based and cloud-based approaches
• Empowering clients through continuous learning and support#theproductivityexperts
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Sue and Simon discuss Chapter 11 - AI from their book "Every Second Counts: How to Achieve Business Excellence, Transform Operational Productivity, and Deliver Extraordinary Results."
Don't forget to register for the Productivity Forum 2025#theproductivityexperts
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Diane Wehrle CEO at Rendle Intelligence and Insights joins Simon for their monthly chat about footfall trends and shopping behaviours
Consumer spending remains cautious as footfall stays flat across UK retail channels, rising just 0.2% in February compared to last year. Retail sales grew by only 1.1% while in-store non-food sales actually declined by 1%, revealing continued economic uncertainty despite some positive indicators.
• Retail parks performed best with a 2% footfall increase, while high streets and shopping centres saw just 0.1% growth
• All five major high street sectors (fashion, food/drink, general retail, grocery, health/beauty) experienced sales declines in February
• Fashion continues struggling with a 7.4% sales drop, while household goods showed improvement with 4.7% growth
• Fewer people are shopping (transactions down 8.1%, customer numbers down 6.7%), but those who do spend are spending more per visit (ATV up 2.9%)
• Consumer caution likely driven by lingering economic uncertainty, interest rates, upcoming National Living Wage increases, and global political factors
• Savings rates reached 10% - highest since the pandemic - despite wage growth of 5.9% outpacing inflation
• Upcoming holiday season may further impact retail spending as consumers prioritize leisure experiences over material purchases#theproductivityexperts
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This is what happened when I gave Notebook LM a copy of our book 'Every Second Counts' and used the interactive mode to be part of the conversation
Simon thinks it is amazing, have a listen
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Diane Wehrle CEO at Rendle Intelligence and Insights joins Simon for their monthly chat about footfall trends and shopping behaviours
As the economic landscape shifts, we explore the paradox of increasing footfall yet declining sales in retail. With consumer confidence waning amidst inflation concerns and upcoming wage increases, businesses must adapt creatively to thrive in uncertainty
• Retail footfall rises by 6.6%, but sales fall by 3.2%
• Consumer confidence drops to minus 22 index score
• Inflation currently at 3%, affecting food and hospitality sectors
• Anticipated increases in National Insurance could impact businesses
• Average transaction values rise despite lower foot traffic
• Focus on innovation over cost-cutting for retail success
• February typically a slow month; preparing for changes needed
• The importance of retaining loyal customers emphasized#theproductivityexperts
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Sue and Simon discuss Chapter 10 - How can I budget better? from their book "Every Second Counts: How to Achieve Business Excellence, Transform Operational Productivity, and Deliver Extraordinary Results."
Don't forget to register for the Productivity Forum 2025#theproductivityexperts
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Diane Wehrle CEO at Rendle Intelligence and Insights joins Simon for their monthly chat about footfall trends and shopping behaviours. They cover:
Footfall trends from November to December 2024 covering the big festive periodA review of 2024A look at the year ahead#theproductivityexperts
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Discover the future of retail with Simon Shankster, Director of Sales for EMEA at Focal Systems. With a keen focus on computer vision and AI, Simon shares his passion for enhancing efficiency through cutting-edge tools such as battery-powered on-shelf cameras. Hear how these advancements are not only bridging stock gaps but also revolutionising inventory management, all while upholding privacy standards. Simon provides an insider's look into how Focal Systems is reshaping the retail landscape by addressing key challenges such as loss prevention and staffing, paving the way for a more efficient and productive retail environment
In a world where effective stock management is crucial, our conversation dives into the competitive edge technology can provide to retailers. Learn how savvy tech solutions can boost shelf availability and drive sales while minimising waste, as proven by successful implementations in UK supermarkets. Simon outlines a vision of streamlined operations and rapid scalability, offering a glimpse of a promising, tech-enhanced retail future
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Diane Wehrle CEO at Rendle Intelligence and Insights joins Simon for their monthly chat about footfall trends and shopping behaviours. They cover:
Footfall trends from October to November 2024#theproductivityexperts
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Sue and Simon discuss Chapter 9 - Is the projected saving real? from their book "Every Second Counts: How to Achieve Business Excellence, Transform Operational Productivity, and Deliver Extraordinary Results."
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2 months on from the first attempt of feeding Notebook LM 2 ReThink documents to produce its Podcast, we are back with number 2. We wanted to see how the technology had progressed. Let us know what you think
This whole episode was generated by AI using Notebook LM. No more info than that, listen and be amazed#theproductivityexperts
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Diane Wehrle CEO at Rendle Intelligence and Insights joins Simon for their monthly chat about footfall trends and shopping behaviours. They cover:
Footfall trends from September to October 2024Outlook for the next few months#theproductivityexperts
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Sue and Simon discuss Chapter 8 - How do I find my next set of Productivity improvements? from their book "Every Second Counts: How to Achieve Business Excellence, Transform Operational Productivity, and Deliver Extraordinary Results."
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Unlock the secrets to navigating the recent economic shifts with us as we dissect the impacts of the recent budget. Discover how the 6.7% rise in national minimum wage, cessation of Covid-era business rate relief, and increased employer national insurance contributions are rewriting the playbooks for retail and hospitality industries. These sectors, which are heavily reliant on national minimum wage workers, face a unique set of challenges. Businesses are bracing for recruitment slowdowns and inflationary pressures, with major players already strategizing to tackle billions in additional costs. We share valuable insights into salary sacrifice schemes and other proactive strategies to help mitigate these financial burdens
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Discover the secret to making businesses more human with Chin Teik, a renowned Senior Executive and Neuro Leadership Coach. Chin passionately challenges the status quo of robotic work environments, urging leaders to embrace the science of Neuro Leadership to drive genuine transformation rather than mere change. Learn how understanding the brain can help prioritize tasks, form new habits, and establish supportive systems to create a more human-centric workplace. This enlightening conversation explores the pitfalls of being "busy for nothing" and equips leaders with strategies to lead meaningful change
Podcast and YouTube channels:
Chin Teik Podcast
Chin Teik YouTube
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Diane Wehrle CEO at Rendle Intelligence and Insights joins Simon for their monthly chat about footfall trends and shopping behaviours. They cover:
Footfall trends from August to September 2024Outlook for the next few months#theproductivityexperts
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An unscripted interview on Productivity with ChatGPT
Step into the future of retail productivity with us as we welcome ChatGPT, a unique digital guest, to unravel the revolutionary transformations shaping the UK retail landscape. Discover how the fusion of digital transformations and e-commerce is rewriting the rules of efficiency and customer engagement. From advanced point-of-sale systems to the wonders of augmented reality shopping experiences, we explore the technological innovations that are not only streamlining operations but also enhancing the overall customer journey. Prepare to envision a 2030 retail world enriched with AI assistance and virtual realities, while also contemplating the nostalgic allure of human interaction and local products#theproductivityexperts
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Diane Wehrle CEO at Rendle Intelligence and Insights joins Simon for their monthly chat about footfall trends and shopping behaviours. They cover:
Footfall trends from July to August 2024Outlook for the next few months#theproductivityexperts
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A whole episode generated by AI. No more info than that, listen and be amazed
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Join Simon, James and Sue as they review the ReThink Forum 2024. They talk through the themes of the day and hot topics of conversation
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