Welcome to the November edition of Industry Insights for Consumer Products and Retail.Embrace the spirit of gratitude and growth this November as you reflect on your achievements and lessons from the year. Set your sights on what lies ahead in 2024 and kickstart your planning for the new year with our newsletter, featuring survey results and insights from industry leaders.
By Carol Raimo, Global Leader, Consumer Products and Services Industry Practice, Protiviti
People management issues, rising customer competition among top risk drivers for CPG and retail companies
Labor issues, unexpected crises are top risks for airline and hospitality companies
Lingering Effects of Pandemic and Operational Challenges Are Top Concerns for Consumer Products and Services Organisations
The continuing global challenges and potential existential threat posed by the ongoing COVID-19 pandemic. Political divisiveness and polarisation. Social and economic unrest. Gridlock.
Across many retail and consumer goods categories, companies are contending with talent shortages that have increased labor costs,
Threats to supply chain, workforce and customer demand cited among top 2022 risks by CPS industry leaders.
Whether it’s disruptive technologies, supply chain bottlenecks, rising costs, labor shortages, data breaches, or restrictive government policies, the Consumer Products and Services (CPS) industry group faces numerous market-changing risks in 2022 and