Digitisation and HR

Digitisation and HR: The working environment is growing ever more digitised on a daily basis. Companies are increasingly digitising work processes; employees have to get used to new methods and technologies. All of this challenges not just the employees, but HR departments as well. “The extent of automation and the growing interconnectivity of the real and virtual worlds combine to place new demands on the workforce today,” explains Jörg Seufert, Partner at Roland Berger. “HR departments need to ask themselves whether the employees of today have the capabilities needed for the company of tomorrow. For many HR managers that is just too big an ask.” 

This is one of the conclusions drawn by the latest Roland Berger study, HR Trends Survey 2017, spanning more than 300 European firms and indicating that HR departments’ aspirations demonstrate a significant gap to reality. And the bigger the company, the bigger the gap.

Growth in kids’ wear

Many clothing brands that are hitherto not doing any business in kids clothing are likely to enter the industry in view of its bright growth prospects. Their entry means this market would become more competitive, with companies engaging more in promotional and marketing activities and producing better quality clothes, according to Ken Research. The market research firm singles out the Asia-Pacific region for high growth prospects. The countries in this region are expected to prosper economically which would push the demand for quality kids clothing in the global market.

Therefore, India and China remain top destinations to invest in the region. According to Ken Research, to sell in India and China, global players in the industry will have to tailor their products to suit the culture of these countries. The kids clothing markets in the US and Europe, though quite developed in comparison to those in the developing countries, have scope for further development.