Oliver Wyman and Mercer Selected as Expert Advisors for UN Climate Change Project

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Oliver Wyman and Mercer Selected as Expert Advisors for UN Climate Change Project

Oliver Wyman and Mercer have been selected to serve as expert advisors on a project examining climate-related risks and opportunities for financial institutions.

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World Economic Outlook

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World Economic Outlook

The cyclical upswing underway since mid-2016 has continued to strengthen. Some 120 economies, accounting for three quarters of world GDP, have seen a pickup in growth in year-on-year terms in 2017, the broadest synchronized global growth upsurge since 2010. Among advanced economies, growth in the third quarter of 2017 was higher than projected in the fall, notably in Germany, Japan, Korea, and the United States. Key emerging market and developing economies, including Brazil, China, and South Africa, also posted third-quarter growth stronger than the fall forecasts. High-frequency hard data and sentiment indicators point to a continuation of strong momentum in the fourth quarter.

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 Global management consulting firm L.E.K. expands its education wing

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Global management consulting firm L.E.K. expands its education wing

L.E.K. Consulting, a global management consulting firm that advises and supports large global companies, is expanding its offerings to the global education industry and welcoming three new partners to the firm’s education practice. Together these partners have worked in over 90 countries on more than 600 education sector engagements. They are joined by a team of 40 dedicated education sector consultants and sector specialists.

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CCS opens bids for £2.3bn Management Consultancy Framework Two

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CCS opens bids for £2.3bn Management Consultancy Framework Two

The government has kicked off the bidding process for the £2.3bn Management Consultancy Framework Two (MCF2) agreement.

The contract will contain four lots covering, respectively: business consultancy services; procurement, supply chain, and commercial consultancy services; complex and transformation consultancy services; and strategic consultancy services.

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Shortlist of coding enthusiasts revealed in PA Consulting Group’s Raspberry Pi schools’ competition

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Shortlist of coding enthusiasts revealed in PA Consulting Group’s Raspberry Pi schools’ competition

Finalists for PA Consulting Group’s annual Raspberry Pi programming competition have been selected. The nine teams of school children will present their inventions to nine expert judges  in London.

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5 Reasons Diversity And Inclusion Fails

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5 Reasons Diversity And Inclusion Fails

One of my favorite Martin Luther King Jr. quotes is: “There is nothing more dangerous than sincere ignorance and conscientious stupidity.” And I am just going to come out and say it: Most diversity and inclusion initiatives fall into the former category: sincere ignorance. They look and sound great. They are usually well-meaning too. But a vast number of these initiatives prove ineffective or fail within a year or two. Why? Sincere ignorance: Start talking to the people who put them together, and more often than not you realize that the details and depth of strategic thinking behind them is as thin as the paper they are printed on.

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Homebase flies in specialist consultants as UK future under threat

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Homebase flies in specialist consultants as UK future under threat

Homebase has flown in the help of specialist consultancy firm Boston Consulting Group (BCG) as its owner edges closer to abandoning its troubled foray into the UK.

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Benelux consulting market growth picks up speed

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Benelux consulting market growth picks up speed

After experiencing low growth of 3.6 per cent in 2016, the Benelux consulting market saw stronger growth of 5.4 per cent in 2017 to reach a value of €2.1million. 

Luxembourg—the smallest market—fared the best, thanks to a large financial services sector full of clients looking to respond to disruption caused by fintechs and high levels of regulation. While the growth rate was slower in the Netherlands and Belgium, consultants saw increased opportunities in these markets as well.

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McKinsey & Company UK reports a 23% gender pay gap among staff

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McKinsey & Company UK reports a 23% gender pay gap among staff

McKinsey & Company has become the latest member of the management consulting market to report its UK gender pay gap. In line with the professional services industry as a whole, the firm highlighted a 23.8% mean gender pay gap for fixed hourly pay.

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Lessons From Comparing Chinese Luxury Market Reports

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Lessons From Comparing Chinese Luxury Market Reports

This month saw the release of leading WeChat marketing agency Walkthechat’s China Luxury Report, aggregating data from sources including McKinsey’s The Age of Digital Darwinism, L2’s China Beauty Report, Deloitte/Secoo’s China Luxury E-Commerce White Book, and Bain’s China Luxury Report.

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PwC develops Blockchain Analytics tool that tracks ICO tokens

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PwC develops Blockchain Analytics tool that tracks ICO tokens

Accounting Giants and Financial Consultant firm Pricewaterhouse Coopers (PwC) are developing a blockchain analytics tool that will track digital tokens. The company announced on Monday that the new tool will help businesses control what their tokens are used for.

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City Moves in April.

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City Moves in April.

KPMG

Business advisory firm KPMG has appointed Matt Malone as head of regulatory-led transformation. Matt will bring KPMG’s business consulting and technology capabilities together to help corporate clients face the rising tide of regulatory disruption and optimise mandatory change to align with the strategy and enhance business performance. Prior to joining KPMG, Matt spent four years at HSBC where he led its customer and conduct transformation programme across the investment, commercial, retail and private banking arms. Matt has successfully led a number of major customer, regulation and culture transformations in the financial services industry and was previously the director of financial services for KPMG Boxwood.

Panmure Gordon

Panmure Gordon has appointed Robert Naylor as head of corporate finance – investment funds. Robert will co-lead the investment fund division alongside Phil Hopkins, who is head of secondary – investment funds. Robert has over 20 years of experience in corporate finance, including 12 years specialising in investment funds, advising on numerous transactions, including primary and secondary equity fundraisings. He re-joins Panmure Gordon following two years at JP Morgan Asset Management’s investment trust business. Robert previously worked in the Panmure Gordon investment funds division from 2012 to 2016. Before that, Robert held senior corporate finance roles at Matrix Corporate Capital and Teather & Greenwood. Robert qualified as a chartered accountant at Ernst & Young in 1999. Robert replaces Paul Fincham, who, following an orderly handover, will in due course leave Panmure Gordon to focus on his classical music career.

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McArthurGlen

The McArthurGlen Group, Europe’s leading designer outlet company, has announced the appointment of Shaeren McKenzie, currently group marketing director, as its first chief brand officer. In this newly-created role, Shaeren will focus on developing McArthurGlen’s consumer proposition, working in close cooperation with the company’s luxury and fashion brand partners, and developing and amplifying McArthurGlen’s global brand narrative to all consumer and business-to-business audiences. Prior to joining McArthurGlen, she held a number of leadership positions in the fashion, retail and advertising industries including marketing director at Sara Lee Corporation, which included global responsibility for brands such as Gossard, Berlei and Shock Absorber; managing director of the heritage British lingerie brand, Charnos; and marketing director at BHS where she worked directly for Sir Philip Green.

Sourced from CITYAM 

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HSS unit secures RM290m consulting job for MRT3 project

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HSS unit secures RM290m consulting job for MRT3 project

HSS Engineers Bhd’s associate, HSS Integrated Sdn Bhd (HSSI) has won a contract worth RM289.9 million to be the independent consultant engineer for the Klang Valley Mass Rapid Transit Line 3 (MRT3) Circle Line project.

The new contract would raise HSS’ unbilled order book to RM962.5 million, according to The Star.

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Linking talent to value.

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Linking talent to value.

Getting the best people into the most important roles does not happen by chance; it requires a disciplined look at where the organization really creates value and how top talent contributes.

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Voice shopping in retail expected to grow to $40 billion by 2022

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Voice shopping in retail expected to grow to $40 billion by 2022

Voice-controlled shopping is set to explode in popularity over the next four years, according to a new report. While the nascent technology currently has relatively low market penetration and sales, voice shopping is expected to be the “next big thing”, like mobile and apps before it.

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Deloitte study: People living in Brussels walk less than European counterparts

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Deloitte study: People living in Brussels walk less than European counterparts

Management consultants, Deloitte,  revealed the Brussels results of its new Global City Mobility Index, a global indicator of urban mobility.

The Index compares 18 cities based upon various criteria, such as air quality, the extent of public transport networks and strategies for the future. It emerges from this analysis that only 6% of journeys in Brussels are on foot or by bicycle. On average a Brussels resident will waste more than a working week (a total of 41 hours) per year stuck in traffic jams.

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US and European regulators accept AstraZeneca’s applications for cancer treatments

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US and European regulators accept AstraZeneca’s applications for cancer treatments

The US Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have accepted AstraZeneca’s applications for cancer treatments moxetumomab pasudotox and Lynparza (olaparib).

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Curzon joins 4,500-person strong international consulting alliance, NextContinent

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Curzon joins 4,500-person strong international consulting alliance, NextContinent

NextContinent is a network of like-minded independent consultancy firms from around the world. All member firms share the same entrepreneurial vision – to seamlessly support their clients across borders with the powerful combination of local expertise and global reach. The NextContinent network is made up of over 4,500 professionals, of which over 1,500 are management consultants. With presence in 30 countries and more than 40 office locations globally, NextContinent has the breadth and depth of experience and expertise to help clients to successfully make change happen across their organisations in an increasingly complex world

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Smartphone app performs better than traditional cardiac assessment

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Smartphone app performs better than traditional cardiac assessment

A smartphone application using the phone's camera function performed better than traditional physical examination to assess blood flow in a wrist artery for patients undergoing coronary angiography, according to a randomized trial published in CMAJ (Canadian Medical Association Journal).  

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China’s super rich are wary towards AI ‘robo advisers’, preferring humans instead

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China’s super rich are wary towards AI ‘robo advisers’, preferring humans instead

Super rich investors in mainland China are skittish towards robo investment advisers taking control of their investments, reflecting a major shift from the US where the asset management tool has enjoyed growing popularity, according to global consultancy McKinsey.

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