Wednesday, October 20th 2021
This week in
Consulting
Is Risk Management hindering Growth?
This week’s must read
Covid will change people’s minds, but not all pandemics will be like this one, and history isn’t always the best predictor of the future. The same can be said about new risks, which is why it’s critical to constantly stress test ideas and collaborate with various people outside of your industry and comfort zone.
This Week’s Must Read is an insight piece from Lucy Stanbrough, Willis Towers Watson on how to gain insight on the emerging risks and interconnections between drivers and risks across 4 key trends.
Thought Leadership
Chief risk officers who have been in the industry for a long time understand that there are known risks and unpredictable risks, and are now required to cope with unanticipated change on a regular basis. Dealing with such a situation necessitates a great deal of bravery, yet courage is a trait that is rarely mentioned in the context of risk management.
In this PwC’s Pulse Survey we will see that Risk managers have now largely managed the risks associated with having remote employees in many locations,even as the pandemic accelerated technological transformations. They are ready to capitalize on it. Now, risk professionals are seeing the upside that can come with a reimagined hybrid workforce.
Financial technology firms provide a diverse variety of services, including payments, loans, savings, insurance, and, more recently, cryptocurrencies and their business models, products, and markets are continuously changing. How fintech companies may improve their risk management and utilize it as a business development facilitator.
Not every decision necessitates extreme caution. For any high-impact decision when the danger of making the wrong option is significant, or where other people’s opinions on the optimal choice must be considered, a more methodical approach to decision-making is required.
This week’s Consulting News
| Kevin Surovcik@MorganFranklin Consulting
| Dr. Ricardo Gomez and Christoph Schlossarek@FTI Consulting
| @Bowman
| Mark Walters@KPMG
This week’s media
A review of the reforms and actions needed to overcome the economic, health and societal challenges the world has faced over the past year.
Consulting sourcing tips
How to negotiate framework agreements for consulting to your advantage?
How to negotiate framework agreements for consulting to your advantage?
Make-or-buy for consulting services 101
Make-or-buy for consulting services 101
Does Category Management apply to consulting?
According to the CIPS, Category Management enables procurement professionals to focus their time and conduct market analysis to leverage their negotiations fully and correctly manage their suppliers in alignment with the corporate objectives.
Previous Weeks’ issues
Holiday Season Reflections: Top Themes in Consulting 2024 | This Week in Consulting
In this edition of this week in consulting, we embrace the holiday season by reflecting on 2024’s key trends like generative AI, sustainability, and social impact.
The Changing Tide of International Trade | This Week in Consulting
In this edition of This Week in Consulting, we explore how regions contribute to global trade, the challenges they face, and the opportunities to adapt amid shifting geopolitics and policies.
Digital Transformation Decoded: Challenges, Insights, and Opportunities | This Week in Consulting
In this edition of This Week in Consulting, we delve deep into the challenges and opportunities of digital transformation across industries, offering insights to strategize, adapt, and lead.
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.
