Initium helps retailers and brands execute successful digital transformations.
We are retail experts with a deep appreciation for the complexities involved in developing and running omnichannel initiatives in Asia. From Strategy to Execution, we cut through the noise and complexity to provide clear, actionable guidance to deliver outcomes that generate real value for customers, organizations, and shareholders.
As independent advisors, we offer straightforward non-conflicted advice to CEOs, Boards and Investors in need of clear actionable strategies and solutions. We build long-term client partnerships that penetrate deep into the organization – investing time to understand our clients’ unique business models, team dynamics and operational competencies and limitations. We then provide ongoing support with varying levels of involvement based on the specific needs of the client over time.
In an era of scarce talent and expertise, Initium serves as an extension of our clients’ executive teams, providing the following services:
Successful digital transformations require strong commitment and advocacy from the CEO and Board of Directors. Initium provides a credible, independent perspective to help Executives and Boards evaluate digital strategies, commit appropriate resources, and manage team progress. Strong digital expertise enhances the Board’s effectiveness in navigating the rapidly changing landscape of emerging digital trends. Initium helps CEOs and Boards prioritize the most relevant trends affecting the industry and equips them with the insights needed to effectively navigate change.
Successful digital transformations start with a sound strategy that is purpose built for the specific needs and capabilities of your business. Digital strategies must align to a broader corporate strategy/mandate and must factor in a strong understanding of the target customer, the market and competitive landscape, organizational readiness, technical feasibility and operational constraints. Initium supports clients in the development of digital strategies from strategy formulation and blueprinting, to defining specific use cases, technical solutioning and business case development. We leverage a growing network of technical domain experts to provide further refinement of specific strategies and action plans.
Leadership turnover can cripple an organization in the middle of a transformation. Securing and onboarding the right digital talent takes months. Interim leadership can be an effective way to keep a transformation progressing, however it requires an individual capable of quickly assessing the situation, establishing credibility, and taking ownership in the decision making. As a long-term partner to clients, Initium provides an immediate solution to filling key leadership vacancies on an interim basis. Planned or unplanned, we step in to keep things moving while the search for a permanent replacement takes place. Once hired, we provide essential onboarding for a seamless handover that minimizes downtime.
Once the strategy has been determined, companies must take a close look at their existing operations to assess the company’s readiness for adopting new technologies. Companies who fail to adequately prepare their organizations to operate within the new digital paradigm will struggle to stay the course and fully realize their digital ambitions. Initium works with clients to assess the readiness of key functions and teams and develop actions plans to overcome critical gaps that may prevent the organization from successfully achieving its vision.
Initium works with clients to define an organizational structure that best supports the company’s digital strategy. We place internal candidates into available roles where possible, and then look outside to fill gaps in the team composition. We work with internal and external recruitment teams to define job descriptions, evaluate profiles and interview candidates. We also maintain a network of talent which we can access for potential candidates or interim positions. We support new hires with onboarding and mentorship as needed to ensure a successful integration into the organization.
As digital projects are identified and scoped, Initium provides project management support leading internal and external resources to deliver successful outcomes. Clients leverage Initium project managers for specific workstreams or for overall management of their transformation programs.
Contact us to learn more about how Initium Retail Advisors is helping our partners succeed in realizing their digital ambitions.
Initium specializes in helping brands and retailers navigate the rapidly evolving omnichannel landscape in Asia.
Initium specializes in helping brands and retailers navigate the rapidly evolving omnichannel landscape in Asia.