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Retail manager

Auto-created from legacy migration wizard.

Retail manager

Course overview

Version v1.2

Level
4
Type
standard
Duration
12 months
Awarding body
CompTIA
Course code
ST0325
Minimum OTJ hours
187

Description

Auto-created from legacy migration wizard.

What you will learn

Knowledge, skills and behaviours grouped by occupational duty.

  • LOCAL_K1

    LOCAL_K1

    Understand how to develop and implement organisational strategy and plans, including approaches to resource and supply chain management, workforce development, sustainability, taking and managing risk, monitoring and evaluation, and quality assurance. Know how to manage change in the organisation

  • LOCAL_K2

    LOCAL_K2

    Know how a project moves through planning, design, development, deployment and evaluation. Understand risk management models and reporting, risk benefit analysis and H&S implications

  • LOCAL_K3

    LOCAL_K3

    Understand financial strategies, including budgets, financial management and accounting, and how to provide financial reports. Understand approaches to procurement and contracting, and legal requirements. Understand commercial context in an organisational setting and how this changes over time

  • LOCAL_K4

    LOCAL_K4

    Know how to create marketing and sales strategies. Know how to segment and target relevant markets and customers (global and local), analysis of opportunities and ways to market. Understand the need for innovation in product and service design

  • LOCAL_K5

    LOCAL_K5

    Understand approaches to innovation and digital technologies and their impact on organisations, and how their application can be used for organisational improvement and development. Understand innovation and digital technologys impact on data and knowledge management for analysing business decision-making

  • LOCAL_K6

    LOCAL_K6

    Understand different forms of communication (written, verbal non-verbal, digital) and how to apply them. Know how to maintain personal presence and present to large groups. Awareness of interpersonal skills of effective listening, influencing techniques, negotiating and persuasion

  • LOCAL_K7

    LOCAL_K7

    Understand different inclusive leadership styles and models, how to develop teams and support people using coaching and mentoring approaches. Understand organisational culture and diversity management

  • LOCAL_K8

    LOCAL_K8

    Know how to recruit, manage and develop people, using inclusive talent management approaches. How to use HR systems and processes to ensure legal requirements, H&S, and well-being needs. Know how to set goals and manage performance

  • LOCAL_K9

    LOCAL_K9

    Understand approaches to stakeholder, customer and supplier management, developing engagement, facilitating cross functional working and negotiation. Know how to shape common purpose, as well as approaches to conflict management and dispute resolution

  • LOCAL_K10

    LOCAL_K10

    Know how to be self-aware and recognise different learning styles. Know how to use emotional and social intelligence, and active listening and open questioning to work effectively with others

  • LOCAL_K11

    LOCAL_K11

    Know how to manage time, set goals, prioritise activities and undertake forward planning in a business environment with a focus on outcomes

  • LOCAL_K12

    LOCAL_K12

    Know how to undertake research, data analysis, problem solving and decision-making techniques, and understand the values, ethics and governance of your organisation

  • K1

    K1

    Customer: Understand key drivers of customer journeys and how managing positive customer experiences increases sales, customer spend and loyalty, and the resulting financial impact on the business

  • K2

    K2

    Business: Understand the vision of the business, its competitive position and own role and responsibility in the delivery of business objectives. Understand the market in which the business operates and how this impacts on the products / services it offers

  • K3

    K3

    Financial: Understand the key drivers of profitable retail performance and the relationship of forecasting to the retail calendar; know how to analyse and use information for forecasting, and how to report on financial results. Identify the impact of different types of costs on the business and understand how to make effective use of resources

  • K4

    K4

    Leadership: Understand different leadership styles used in retail businesses and when to use them effectively to motivate and inspire the team to do their best

  • K5

    K5

    Marketing: Know the key factors influencing a marketing plan such as product launch and life cycle, pricing, discount and special offers and ways of marketing via physical and other media. Understand how own business has formed marketing plan and how own role can best utilise marketing strategies to address demand throughout the retail calendar

  • K6

    K6

    Communication: Understand how to communicate and cascade information effectively at all levels and to a diverse audience. Know how to identify the information required for decision making, how it should be gathered and reported internally and externally

  • K7

    K7

    Sales & Promotion: Understand how to set sales targets that are challenging but realistic and how to lead team members to achieve sales targets, maximising opportunities and reducing potential threats to sales across the retail calendar

  • K8

    K8

    Product & Service: Keep up to date knowledge of product ranges, brand development, promotions, current and future trends. Understand how to analyse, interpret and share information and brief relevant stakeholders on products and services

  • K9

    K9

    Brand Reputation: Understand the importance of upholding brand reputation,how brand reputation can become compromised and the impact on the business, and how threats can be managed. Identify the impact of social media on the industry and how it is used in own organisation

  • K10

    K10

    Merchandise: Understand key features of merchandising and how these link with the business’ merchandising plan to achieve sales targets. Know the particular requirements of related activities such as seasonal peaks and troughs over the retail calendar year

  • K11

    K11

    Technology: Understand the technology requirements of the business and how to manage them to achieve effective and efficient retail operations and service; identify commonly used and emerging technology in the retail industry and identify its current and potential impact on the business

  • K12

    K12

    Developing self: Identify a variety of ways to inspire and motivate team members, how to positively influence their approach to work and how to pass on knowledge and experience. Understand the importance of, and process for, ensuring team members’ and own development

  • K13

    K13

    Team performance: Know how to recruit, retain and develop the right people for the right roles. Know the key theories of performance management and how to apply them to retail teams using own organisation’s tools and protocols to support them

  • K14

    K14

    Legal & Governance: Understand environmental, legislative, corporate, data protection and social responsibilities relating to retail businesses

  • K15

    K15

    Diversity: Understand how local demographics impact on business, customers, staff and products and how this impacts the business policies on diversity and equal opportunities

  • LOCAL_S1

    LOCAL_S1

    Support the development of organisational strategies and plans. Develop and deliver operational plans; being able to set targets and KPIs, manage resources, and monitor and measure outcomes to establish operational effectiveness, efficiencies and excellence. Produce reports that clearly present information and data, using a range of interpretation and analytical processes. Gain wide support to deliver successful outcomes

  • LOCAL_S2

    LOCAL_S2

    Plan, organise and manage resources in order to achieve organisational goals. Identify key outcomes, develop and implement plans and monitor progress, and provide reports as required. Proactively identify risk and create plans for their mitigation. Able to initiate, lead and drive change within the organisation, identifying barriers/challenges and how to overcome them. Ability to use widely recognised project management tools

  • LOCAL_S3

    LOCAL_S3

    Managing budgets, controlling expenditure and production of financial reports

  • LOCAL_S4

    LOCAL_S4

    Use of customer insight and analysis of data to determine and drive customer service outcomes and improve customer relationships. Creative approaches to developing solutions to meet customer need

  • LOCAL_S5

    LOCAL_S5

    Able to identify service/organisational improvements and opportunities for innovation and growth, using qualitative and quantitative analysis of information and data and benchmarking against others

  • LOCAL_S6

    LOCAL_S6

    Communicate clearly, effectively and regularly using oral, written and digital channels and platforms. Use active listening and open questioning to structure conversations and discussions, and able to challenge when appropriate. Manage and chair meetings and clearly present actions and outcomes. Ability to apply influencing and persuading skills, to the dynamics and politics of personal interactions

  • LOCAL_S7

    LOCAL_S7

    Able to articulate organisational purpose and values. Support the creation of an inclusive, high performance work culture. Enable others to achieve by developing and supporting them through coaching and mentoring

  • LOCAL_S8

    LOCAL_S8

    Able to build teams, empower and motivate others to improve performance or achieve outcomes. Able to delegate to others, provide clear guidance and monitor progress. Ability to set goals and accountabilities

  • LOCAL_S9

    LOCAL_S9

    Able to build rapport and trust, develop networks and maintain relationships with people from a range of cultures, backgrounds and levels. Able to contribute within a team environment. Effectively influence and negotiate, being able to have challenging conversations and give constructive feedback. Work collaboratively with internal and external customers and suppliers

  • LOCAL_S10

    LOCAL_S10

    Able to reflect on own performance, identifying and acting on learning and development needs. Ability to understand impact on others. Can manage stress and personal well-being, and confident in knowing core values and drivers

  • LOCAL_S11

    LOCAL_S11

    Able to create personal development plan, and use widely recognised tools and techniques to ensure the management of time and pressure effectively, and prioritisation and strategic alignment of activities

  • LOCAL_S12

    LOCAL_S12

    Use evidence-based tools and ethical approaches to undertake problem solving and critical analysis, synthesis and evaluation to support decision making

  • S1

    S1

    Customer: Manage the customer experience, including remotely e.g. on- line, through ensuring the team deliver to customers a positive experience that benchmarks favourably to its main competitors and meets customer service objectives

  • S2

    S2

    Business: Lead the team to achieve and exceed business objectives through forward planning, analysis and evaluation of own business area. Use sales and customer data to make sound and effective decisions which improve business performance

  • S3

    S3

    Financial: Manage the overall performance of the team to achieve financial targets taking into account the retail calendar year. Analyse reports to identify and determine key actions and recommendations. Produce and report on financial plans as required by the business, and identify and implement opportunities to increase profit and reduce waste

  • S4

    S4

    Leadership: Provide clear direction and leadership to the team, giving open and honest feedback. Apply and adapt own leadership style to different retail situations and people to achieve the desired outcome

  • S5

    S5

    Marketing: Communicate marketing objectives to team members and drive results. Analyse and evaluate the impact of marketing activities e.g. sales and customer feedback, and report the outcomes to senior management with relevant recommendations

  • S6

    S6

    Communication: Establish clear communication objectives, lead communications in a style and manner that is relevant to the target audience and achieves an effective result for the business

  • S7

    S7

    Sales and Promotion: Manage the team to achieve sales targets through regular monitoring of performance against results, identifying high and low performance products / services and taking timely action to find and implement appropriate solutions

  • S8

    S8

    Product and Service: Analyse and interpret product / service sales information and use it to make recommendations for future planning e.g. of staff and resources, ideas for new initiatives. Research and demonstrate new products / services or initiatives to the team

  • S9

    S9

    Brand Reputation: Ensure the team carry out activities in line with business and brand values that actively market the business, support competitiveness and help meet business objectives. Identify possible risks to brand reputation and take action to prevent or minimise their impact

  • S10

    S10

    Merchandise: Ensure effective merchandising set up, monitoring and maintenance in own area of business. Measure the impact of merchandising on sales and report the outcome to colleagues and senior managers, providing recommendations for improvements, and implementing changes within own remit

  • S11

    S11

    Stock: Monitor the stock management system to minimise the cost of damage to stock and the loss of stock to the business. Ensure audit compliance and react quickly to results to maintain business standards and stock requirements

  • S12

    S12

    Developing self: Work with team members to maximise their potential and achieve organisation’s objectives. Implement effective and accurate training on products, services and legislation governing sales, such as age restricted products, trading standards and weights and measures

  • S13

    S13

    Team performance: Recruit the right people into the right job, monitor team performance and recognise excellence, effectively manage performance that is below standard

  • S14

    S14

    Legal and Governance: Manage and continuously review adherence to legislation and regulations / policies for due diligence; handle audits and regulatory authorities such as the Environmental Health Officer appropriately

  • S15

    S15

    Diversity: Implement business policy on diversity, ensuring team are aware of and know how to work effectively with colleagues customers and other stakeholders from wide range of backgrounds and cultures

  • S16

    S16

    Technology: Ensure technology is sourced, located, available, maintained and secured in line with business needs; oversee the use of technology in line with business policy, identify and make recommendations for improvement

  • LOCAL_B1

    LOCAL_B1

    Drive to achieve in all aspects of work. Demonstrates resilience and determination when managing difficult situations. Seeks new opportunities underpinned by commercial acumen and sound judgement

  • LOCAL_B2

    LOCAL_B2

    Open, approachable, authentic, and able to build trust with others. Seeks the views of others and values diversity internally and externally

  • LOCAL_B3

    LOCAL_B3

    Flexible to the needs of the organisation. Is creative, innovative and enterprising when seeking solutions to business needs. Positive and adaptable, responding well to feedback and need for change. Open to new ways of working and new management theories

  • LOCAL_B4

    LOCAL_B4

    Sets an example, and is ethical, fair, consistent and impartial. Operates within organisational values and adheres to the requirements of relevant professional bodies

  • B1

    B1

    Customer: Take overall accountability and responsibility for the customers’ experience. Make effective decisions by balancing the needs of the customer and the business

  • B2

    B2

    Business: Demonstrate personal responsibility for the strategic direction and objectives for own area of the business

  • B3

    B3

    Financial: Demonstrate commercial acumen and confidence to initiate change to improve the financial performance and profitability in line with business policy, objectives and procedures

  • B4

    B4

    Leadership: Influence, challenge and involve others, aligning personal values with those of the company to instil a high performance culture

  • B5

    B5

    Marketing: Proactively seek to understand the marketing strategy of the business, gain knowledge of local area and competition, take action, or upwardly communicate recommendations on action, to improve the implementation and drive marketing activities in area of responsibility

  • B6

    B6

    Communication: Adapt style and method of communication to the circumstances and needs of individuals intuitively, demonstrating appropriate skills such as empathy, fairness and authority as appropriate; seek and provide feedback in a positive manner

  • B7

    B7

    Sales and Promotion: Think ahead and take positive actions to maximise opportunities for sales and effective marketing activities, make cost effective use of resources through robust processes to meet sales targets

  • B8

    B8

    Product and Service: Take ownership of the service offer, keeping self and team up to date with brand developments. Passionately take pride in new products and services actively promoting these with colleagues and customers

  • B9

    B9

    Brand Reputation: Champion the brand and work closely with team and management to ensure brand reputation is upheld at all times

  • B10

    B10

    Merchandising: Adapt merchandising principles to own environment, store configuration, local needs and sales patterns

  • B11

    B11

    Stock: Take ownership of stock management systems to meet current and projected business needs`

  • B12

    B12

    Technology: Drive efficiency in the implementation and use of new opportunities in technology for retail that will provide benefits to the business

  • B13

    B13

    Developing self: Help team members balance work and life priorities, realise their potential and see the benefits of self- development and improvement. Demonstrate commitment to self-improvement, championing a culture of continual development and progression

  • B14

    B14

    Team Performance: Orchestrate effective team dynamics, build effective relationships that select the right person for the right task, recognise individual styles and preferences and use these to build a strong team

  • B15

    B15

    Legal and Governance: Be accountable, advocate and adhere to the importance of working legally in the best interests of all people

  • B16

    B16

    Diversity: Instil values which embrace the benefits of working in a culturally diverse environment