tomorrow 4.0 Why are we here and what is 4.0 ? Open the doors to the entire play now and ignite some key ideas and thoughts > Mention I will aks suqetsions I need you to talk about your experiences.

“ in 2017, major retailers have already closed stores at a faster rate than in 2008 during the Great Recession bloomberg ”

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#chan ge Change is inevitable? Where are we headed The evolution of technology todayforms a curve The state of current tech IoT, AI… and next few years outlook Inspire Here

the 4th industrial revolution Subscription economy Era of personalization Technology consumption era of big data era of 6 seconds ads era of living services and digitalization Era of artificial intelligence era of disruption era of transformation era of Blockchain era of digital economy

the way generations learn boomers https://www.microassist.com/learning-dispatch/arelearning-differences-between-generations-a-myth/    DO GENERATIONALDIFFERENCES MATTER ININSTRUCTIONAL DESIGN?* PROFESSOR THOMAS C. REEVES Universiy of Georgia Gen x Millennial (Gen – Y)

Key retail technologies of the future http://usblogs.pwc.com/emerging-technology/wp-content/uploads/2016/08/Essential-Eight_Tech-Megatrend-2-e1477491946663.png Source : PWC

augmented reality IKEA Converse Lego What is AR How does It work What are some of the examples How brick and mortar stores will use augmented reality Ar mirrors Virtual reality and the home shopper

the era of personalization with ai The age of personalization The way the new generation thinks How technology makes personalization possible Artificial intelligence

The future of retail & Iot Paint a scenario of a large luxury brand company Million of dollars in inventory Track every piece in real time Choice is low Inventory is managed better Accurate picture Iot, nfc helps with personalization powered by ai

Retailtech success roadmap of the future

engagement Build a one On one connection AEP engages its employees is through a learning map: a 90-minute session that helps employees to understand where his or her position sits in the larger scheme of the organization and how they contribute to the broader strategy. Welcome to the era of engagement – attention dictates success The human attention span is the most expensive thing How do you expect to succeed without engaging with your most important prospects –employees Engagement is about Cultivating trust – trust is Openness and transparency Aligning with the same vision In the 1990s, William Kahn, professor of organizational behavior at Boston University, introduced the term engagement based on his observation that people have a choice as to how much of themselves they’re willing to invest in their jobs. Kahn conducted in-depth interviews with employees at two organizations. He discovered they were far more emotionally and physically engaged when they experienced: Psychological meaningfulness: a sense that their work was worthwhile and made a difference Psychological safety: a feeling they were valued, accepted, and respected—and able to perform in a positive work environment Availability: routinely feeling secure and self-confident while possessing the emotional and psychological energies to perform their job Good Examples of Actualized Organizations - Quicken Loans https://www.fastcompany.com/3048503/6-surprising-insights-of-successful-employee-engagement shopper behaviors will pave the way for more personalized shopping experiences. Heuristics and intelligence from big data, ai will converge to create a fascinating experience.

foundation Internal alignment within is a must to create change outside. Focus on creating a solid foundation. Who are you when you are alone Hold yourself accountable before chansing others Why responsibility is different from accountability The 4.0 era will depend on how accountable we are What is accountablty in era 4.0 ?

The promise The brand promise has reached the highest state. Be serious about what you stand for. Create personalization when it comes to education

Design your products to help consumers achieve their goals actualization Design your products to help consumers achieve their goals

one single vendor will never succeed in the 4 one single vendor will never succeed in the 4.0 era due to complexity in consumer behavior and fast changing technology collaborate How can partnerships help enterprises with delivering better eductaion and training ? Platforms such as Khan academy Get employees to take part in something bigger than just the job Local partnerships to help teach not just learn.

acknowledgement the next era is heavily connected with rewards and acknowledgements. Build these at every step of your product

Value creation Retailers who focus on creating value can leverage best of Omni channel experiences Value creation is about win-win It is about success It is about not giving up It is about relentlessly pursuing partnerships thata re based on trust.

The most important Ingredient people Self Organization New Frequeny

Predictions in retail 4.0 (2020-2030) Connected wearables & apparel will take a larger market share Adaptive fabrics that change structure based on weather will mark entry Smart fabric that sense body changes & generate alerts will debut Online retailers will start offering ar/vr based experiential trial rooms brands will provide downloadable 3d printable designs outsourcing apparel manufacturing will start taking a toll by 2030 Beware - Doctors may prescribe apparel 

Where to go from here Do Generational Differences Matter in Instructional Design? Thomas C. Reeves, The University of Georgia http://it.coe.uga.edu/itforum/Paper104/ReevesITForumJan08.pdf Digital Natives, Digital Immigrants Marc Prensky http://www.marcprensky.com/writing/Prensky%20-%20Digital%20Natives,%20Digital%20Immigrants%20-%20Part1.pdf Digital Natives, Digital Immigrants, Part II: Do They Really Think Differently? Marc Prensky http://www.marcprensky.com/writing/Prensky%20-%20Digital%20Natives,%20Digital%20Immigrants%20-%20Part2.pdf Learning Styles and Pedagogy in Post-16 Learning: A Systematic and Critical Review Coffield, Moseley, Hall, and Ecclestone http://www.lsda.org.uk/files/pdf/1543.pdf (retrieved February 2, 2006; no longer available) the future of retail does not lie in the next biggest technology but on what enriches the lives of people and adds value.

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