Wednesday, March 24th 2021
This week in
Consulting
How do you adapt your risk management for tomorrow?
This week’s must read
The COVID-19 pandemic has dramatically shifted the way businesses operate and has created new problems that business leaders must solve. Reassessing their risk management plans, constructing cohesive frameworks, identifying protocols and procedures to fill those gaps will help organizations better prepare for the next major crisis.
This Week’s Must Read is an insight piece from Matthew Hinton, Control Risks, about preparing Now for Your Next Crisis Post-COVID.
Thought Leadership
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As Covid-19 spread across the world, businesses faced massive cascading disruptions while the crisis is far from over. To survive, organizations will have to implement a risk management program that blends data science, automation, and artificial intelligence.
extinction when unrecognized or unmanaged. Think of the many well-known
companies that have ceased to exist due to a failure to recognize the risks
coming from new technology, changing customer preferences, heightened competition,
new regul…
Strategic risks can expose an organization to loss and even extinction when unrecognized or unmanaged. The article presents three common strategic risk areas that companies need to take seriously.
In 2020, the measures taken by governments, businesses, and consumers to restrain the spread of the novel coronavirus triggered a sharp economic downturn and far-reaching social impacts. How has risk management responded in financial institutions and where does it go from here?
Understanding new and emerging risks to business during a pandemic is tricky. The EY Global Center for Board Matters interviewed seven leading board directors to understand how their approach to risk management reframes their organizations’ future.
This week’s Consulting News
| Loukia Papadopoulos@Interesting Engineering
| @RetailNews Asia
| @PR newswire
| @Consultancy.uk
This week’s media
Believe it or not, there is a silver lining in the COVID-19 pandemic. Instead of zeroing in on the negatives, we shall focus on the many opportunities under the new normal, including a wider and faster adoption of FinTech and leveraging dynamic sandbox-type thinking to address risk management 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.
Management Consultants Salary – Best of 2022
The average management consultants salary is $85,000 per year. However, salaries can vary widely depending on experience, location, and industry. However, the job can be demanding, with long hours and frequent travel.
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.
