Jisp strategic review targets sustainable growth

Retail technology company Jisp, which recently celebrated the three-year anniversary of its Scan & Save app, has announced that following a strategic review the business has launched a new long term growth plan to enable it to scale sustainably for the future.

The new growth plan identifies five pillars of growth and how to develop the business around these core principles. To support that plan a new management and business structure has also been designed and implemented at Jisp to ensure it is best placed to continue to grow in today’s competitive business environment.

During the review, the newly established strategy and planning team identified five strategic pillars of growth; Scan & Save, Scan & Win, White Label, Data & Insights and Direct to Retailer, including a supplier to retailer NPD launch service. Opportunities have been identified in these areas for growth across a broader range of offerings, leading to a more robust and sustainable business model.

The new strategy & planning team is made up of CEO Julian Fisher, retail director Esther Lawrence, operations director Joe Tobias, and welcomes Matthew Wilkinson as sales director and Alex Rimmer as marketing & communications director. The new additions bring almost 50 years of senior management experience in marketing, corporate affairs, strategy and sales across retail and wholesale sectors to the team.

The restructure ensures Jisp benefits from years of experience across retail, wholesale, operations, sales and marketing to bring the broad set of leadership skills necessary to drive the business forward.

“While we had continued to grow year on year, we needed to refocus our strategy to ensure that the business moved forward in a way that set it up for long term success in a very competitive market,” said Fisher. “The new team has worked hard to identify opportunities to generate new revenues for the business while improving our service to retailers, suppliers and shoppers alike.

“We’re confident that the new strategy increases our opportunities for sustainable success by identifying five key pillars, or business units, for development and growth. We are pleased that the new strategy and planning team has added both experience and enthusiasm for the future development of the business.”

Alongside these changes, Jisp has also welcomed a cultural change programme centred around developing and empowering its people, through transparent democratic leadership.

As part of the cultural change Jisp has moved to increase flexibility with the introduction of a four-day working week, to improve employee wellbeing, reduce environmental impact and increase creativity and productivity. Jisp has been trialling the four-day week over a number of weeks and has seen significant benefits in health and wellbeing.