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
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.
