AI, Big data, technology in the daily life of retail/e-commerce managers
To the question "Has the digital transformation transformed the manager's function?" 10% of managers in all sectors said that digital transformation has had no impact on their job, while 100% of retail/e-commerce managers said it has:- positively for 89% against 82% for all sectors combined;
- negatively for 11% versus 8% across all sectors.
The most complex challenges (in %)
- Appropriating/leveraging data, AI and new technologies on a daily basis is the most complex challenge for both groups of respondents, but is more important for those in retail/e-commerce (33% vs. 24%);
- Evolving team skills also seems complicated to them, but in lesser proportion than their peers (29% vs. 21%);
- Recruiting/fidelizing talent is less of a problem for them (11% vs. 24%);
- Managing projects is also less of a challenge (11% vs. 13%);
- So is participating in strategy development (16% vs. 18%).
Technologies and innovations used as part of the manager's job
Technologies are used more by retail/e-commerce managers (66% vs. 63% for all sectors). These 66% of retail/e-commerce managers make greater use of Big Data (56% vs. 53%), but also of AI (56% vs. 43%). Both groups of respondents use virtual reality almost equally (11% for retail/e-commerce vs. 12% for all sectors), none of the retail/e-commerce managers use the metaverse vs. 2%.Retail/e-commerce is better equipped with Big Data and AI tools
We find the same ranking of tools used in both groups of respondents, but the rates are higher for retailers/e-commerce in 4 cases out of 6:- 1: Data collection and analysis tools (prediction and forecasting) 67% retail/e-commerce vs 59%;
- No. 2: Automation of managerial tasks (recruitment, reporting, etc.) tied with No. 1 for retail/e-commerce: 67% vs. 47%;
- n°3: Micro learning, fast learning, gamification: 33% vs 31%;
- n°4: Semantic search engine: the percentage rate is lower, 22% vs 25%;
- n°5: Conversational assistant - chatbot - voicebot is equally widespread in both groups: 22%;
- Emotion recognition/identification from text or voice, the technology is slightly more used according to retail/e-commerce managers:11% vs. 10%.
Managers' expectations
Automation and predictive tools are the first objectives for retail/e-commerce managers. For both groups, task automation is the first expectation towards technology/IA/Big Data with a percentage of 67%. Opinions diverge: retail/e-commerce managers want these tools to help them predict their activities (56%) and increase performance (44% vs. 51%). On the other hand, their counterparts prefer to improve collective intelligence through collaborative tools (53%).The obstacles to the development of new technologies/IA/Big Data
If the lack of training and acculturation is the first obstacle to the development of new technologies/IA/Big Data for all managers, it is felt less strongly by retail/e-commerce managers than by their colleagues (67% vs 73%). Next comes the fear of not being able to explain/interpret the results of AI, which is stronger in retail/e-commerce (56% vs. 37%), while the cost of solutions is identified as a lesser obstacle (44% vs. 55% for all sectors). Ethical issues are ranked 4th by 33% of retail/e-commerce managers and by 35% of all others.Limitations of AI: cases in which a machine / AI is less efficient than humans
Retail/e-commerce managers are more tech-savvy than their counterparts and therefore were less likely to say that machine and AI are less effective than humans in :- animate and create cohesion in teams (67% vs 73% for other sectors) other sectors);
- being creative (44% vs. 65%)
- taking risks (only 22% vs. 55% for managers in other other sectors).
The manager of tomorrow: an augmented manager?
Retail/e-commerce managers are less familiar with the notion of the augmented manager (33% vs. 46%). All managers agree that AI is the first characteristic of the augmented manager, with the retail/e-commerce sector being more enthusiastic than the others: 29% vs. 23%. They are very much of the same opinion regarding the ability to sort through infobesity (14%) but while retail managers place the ability to perceive weak signals (14%) in 3rd position, their colleagues opt for working collaboratively (14%).What does it take to become an augmented retail/e-commerce manager?
Both groups have the same needs to become an augmented manager but in different proportions:- Training in digital strategy to create value through data is favored by retail/e-commerce managers (63% vs. 43% for others);
- Managerial coaching to develop certain softskills - creativity, risk-taking, etc. - with almost similar percentages for all respondents (50% for retail/e-commerce vs. 49% for all sectors);
- Training in new technologies/IA: managers in retail/e-commerce, better equipped with technological solutions, are less in demand while their counterparts cited this need first (38% vs. 57%).
The future of management
If retail/e-commerce managers are convinced that management will become more human, it is in a lower proportion than their counterparts in other sectors (67% vs 74%). On the other hand, slightly more of them believe that it will be more technological (22% vs. 20%) and almost twice as much that it will be more vertical (11% vs. 6% for all sectors combined). Translated from L'enquête d'Axys Consultants : « IA, Tech et Data : être manager dans le retail et l’e-commerce à l’ère du management augmenté »Our articles will then appear first in Google Top Stories.
