Wednesday, November 17th 2021
This week in
Consulting
Challenging problems to crack? Start Reframing!
This week’s must read
Though Leader Thomas Wedell-Wedellsborg proposes a simple, three-step strategy – Frame, Reframe, Move Forward – that anybody can apply to tackle the correct challenges, using real-world tales and memorable examples. For ordinary tasks or the most difficult situations, board the journey and to learn how to reframe.
This Week’s Must Read is an insight piece from Thomas Wedell-Wedellsborg on how to master the art of reframing.
For our readers only : download the first chapter of the book!
Thought Leadership
The way you phrase your problem will have an impact on how you resolve it. As a result, the words you use to explain the problem are key. In fact, if you’re having trouble coming up with viable solutions, consider changing the way you’ve worded the problem. Ask yourself specific questions: What is the topic? How do I measure the problem?
“Everyone wants to change the world, but no one wants to change themselves”, it is commonly claimed. Because of the market’s complexity and uncertainty, which many organizations must struggle with, critical decisions must be taken in real time on a regular basis. This is when coaching abilities come into play.
Reframing is the process of determining the best effective solution for a given problem or opportunity. Here’s a thorough list of reframing tactics to help you make the biggest effect on your customers.
There are legitimate concerns about what robots can perform better than people and how they will replace workers as we consider the future of employment. The authors of “Framers” suggest that humans have an edge in framing challenges and developing conceptual models.
This week’s Consulting News
Healthcare Real Estate Capital, LLC (“HRE Capital”), a national advisory firm solely focused on the healthcare and higher education real estate capital markets sectors, has been acquired by Kaufman, Hall & Associates, LLC (“Kaufman Hall”), a leading healthcare and higher education management consulting and advisory services firm. | @Kaufman Hall
AlixPartners, a worldwide consulting company, stated today that it intends to acquire Galt & Company, a management consulting business that specializes in assisting management in achieving and maintaining outstanding growth in shareholder value. Galt & Company has been involved in a number of prominent business success stories during the previous two decades. They will collaborate to establish Corporate Strategy & Transformation, a new service offering that will combine Galt & Company’s financial, strategic, and organizational transformation skills with AlixPartners’ strong industry and functional subject matter experience. | @AlixPartners @Galt & Company
Ankura Consulting, a worldwide expert services and consultancy organization, announced today that retired Lieutenant General Vincent R. Stewart, USMC, has been appointed to the newly formed post of Chief Inclusion & Innovation Officer. Ankura’s commitment to equity and awareness that an inclusive and diverse working environment generates innovation, development, and high-quality solutions for clients is shown by Lt. Gen. Stewart’s new senior leadership role. | Vince Stewart@Ankura
Jeff Wray has been named Global Leader of EY-Parthenon, with a focus on advancing the strategy consultancy’s global market agenda in FY22 and beyond. Jeff comes to the post with a solid background in strategy consulting and extensive experience as a valued C-suite counsel. He came to EY-Parthenon from Boston Consulting Group in 2014, where he was the Global Consumer Industries Leader for EY Strategy and Transactions. | Jeff Wray@EY
This week’s media
Erich Joachimsthaler, was joined by Thomas Wedell-Wedelsborg, a worldwide known specialist on problem solving and innovation, to explain the framework for individuals and companies to address the correct challenges.
Consulting sourcing tips
How To Manage the Tail Spend – Our 5 Recommended Practices
Discover effective strategies to conquer tail spend management with our comprehensive guide. Explore five recommended practices that will optimize your procurement process, reduce costs, and increase operational efficiency. Learn how to tackle low-value purchases, leverage technology, streamline supplier relationships, and implement data-driven decision-making. Don’t let tail spend derail your budget and productivity—empower your organization with our expert insights and take control of your procurement today.
Decision-Making In Consulting – Who Are the Right People to Be in The Room?
Deciding who should be in the room when making big decisions is one of the most important aspects of any decision-making process. Obviously, those directly affected by the decision should be involved, but there are other key players whose voices need to be heard as well.
Consulting Procurement or Procurement Consulting?
Type Consulting Procurement in your browser and look at the results. What do you find? A list of consulting companies that offer their services to help improve your company’s purchasing and/or sourcing capabilities. But is it the same thing as Consulting Procurement?
Previous Weeks’ issues
How Technology is Shaping Sports Beyond the Stadium | This Week in Consulting
In this edition of This Week in Consulting, we delve into the world of technology-enhanced sports experiences. From augmented and virtual reality to blazing-fast 5G connectivity, we explore how these innovations, and above all, AI, have transformed the sports landscape forever.
Payment Tech Trends 2023: What Lies Beyond the Horizon? | This Week in Consulting
In this edition of This Week in Consulting, we explore recent developments in the fintech and payments industry, upcoming trends and innovations set to reshape the space, the ascent of tokenization, untapped opportunities in countries like India, and much more.
Manufacturing Outlook Post-Covid: Trends, Challenges, and What’s Next | This Week in Consulting
In this edition of This Week in Consulting, we’ll explore the current state of the manufacturing sector, address the industry’s most significant challenges, analyze the latest tech trends, and peer into where the industry is headed.
Hélène Laffitte is the CEO of Consulting Quest, a Global Performance-Driven Consulting Platform and author of “Smart Consulting Sourcing”, a step by step guide to getting the best ROI from your consulting. With a blend of experience in Procurement and Consulting, Hélène is passionate about helping Companies create more value through Consulting.
