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 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
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.
Unveiling the Latest Trends in Global Business Services | This Week in Consulting
In this edition of “This Week in Consulting,” we’re diving headfirst into the evolving role of GBS and how it’s causing a ripple effect throughout industries.
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.
