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
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
Demand Management for Consulting and Why You Need It
Demand management is an indispensable instrument for procurement professionals and businesses in general. Implementing it for the consultancy category is a no-brainer if you want to maintain spend control and strategic alignment.
How to set-up an Internal Consulting Group?
Internal Consulting is a growing trend today. In this article, you’ll learn how to set up your internal consulting group.
How to Check the References for Consulting Services the Right Way
When you are looking for a consultant or a consulting firm to help you improve your business, it’s a good idea to check the references provided. References can provide more information about the consultant or firm and can offer insights into the kind of work they have done in the past. In this article, learn the importance of checking references and what questions you need to ask while doing so.
Previous Weeks’ issues
What You Need to Know About Crisis Management in 2023 | This Week in Consulting
In this issue of This Week in Consulting, we explore various aspects of crisis management, from using simulation to preparing for crises to organizing communication. We also look at how to involve the key stakeholders, some best practices from a leadership standpoint, and how to flip the script and in some cases turn the crisis into an opportunity.
Hospitality Industry 2023: Discover What’s In Store! | This Week in Consulting
In this issue of This Week in Consulting, we explore key trends shaping the future of hospitality, which promise to be quite exciting on all these fronts.
Best Practices for Organization & Governance in 2023 | This Week in Consulting
In this issue of This Week in Consulting we explore good practices to make the matrix work, how to change behaviors, how to define and embed values, how to avoid losing momentum during aa reorganization and how organization design can make or break a deal.
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.