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
Consultancy Procurement 101: A Beginner’s Guide
This beginner’s guide will help you understand everything you need to know about consultancy procurement. It will give you an overview of the key steps involved in the procurement process and will help you get started on your sourcing journey.
12 Essential elements to include in your consulting agreement
When you launch a project, you can always hope that the consultant will understand your needs. Or you can write down the reasons why you start a project and what results you expect. Writing an RFP is not easy
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
Redesigning Organizations – Tools, Strategies, and More! | This Week in Consulting
In this issue of This Week in Consulting, we explore the fundamentals of organization design, how to make a matrix work, how OKRs are gaining traction, how spans and layers can be used in a practical context, and more.
A look into the future of Transportation & Logistics Sector | This Week in Consulting
In this issue of This Week in Consulting, we explore where the future could lead the transportation and logistics industry. Do share your views with us.
The Latest Manufacturing Trends You Need to Know About | This Week in Consulting
In this issue of This Week in Consulting, we explore how to embark on the journey towards smart manufacturing.
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.
