"Having good market intelligence is no longer optional in this day and age"
Rakesh Pabbi - Senior Partner
India has made significant progress improving educational opportunities for all children, but substantial gaps in literacy remain. In India alone, 266 million people cannot read or write, which represents 35 percent of the world’s adult population. Without basic reading and writing skills, many education and employment doors remain closed for India’s young people.
US$104 billion.
This is where the GCC is expected to reach by 2022 in healthcare expenditure, rising rapidly at a CAGR of 6.6% from US$76 billion in 2017. This trend, in a healthcare market which is still operating with only a few performance indicators (occupancy and bed capacity) and is heavily reliant on ex-pat healthcare professionals, is being driven by several underlying changes in the region.
Today’s technological revolution is a time of enormous promise, but also new challenges. As we enter the 2020s it is clear that we are far from unlocking the potential of technology for our toughest challenges.
We stand at a critical juncture to put technologies to work in a responsible way.
The Fourth Industrial Revolution can help achieve the SDGs this decade.
70% of the targets could be enabled by already deployed technology applications.
There are just as many use cases for AI as there are companies. For healthcare organizations, AI is playing a role in monitoring equipment, while retailers see AI as a way to better understand customers. Transportation executives are banking on AI to drive autonomous vehicles.
In a business environment that demands efficiency, speed, and delivering greater value to a widening variety of stakeholders, it is critical that leaders, like me, look for synergies that drive better business outcomes. At my firm, and at the organizations I work with, business leaders are grappling with how to pull off two major business imperatives that will shape their - and our - collective future: How to digitally transform their companies, and how to make their workplaces more diverse and inclusive.
Kearney, a leading global management consulting firm, has named Arjun A. Sethi as the Regional Chair (elect) & new Head of Asia Pacific effective May 1, 2020. Arjun will oversee the business strategy and operations of Kearney's business across Australia and New Zealand, Greater China, India, Japan and Southeast Asia.
Global management consultancy Bain & Company has over the course of last year appointed seven new partners in India, across promotion rounds in June and December. Four of the new leaders are based in Mumbai, while the remaining three are based in New Delhi.
The online fashion retailer Asos has staged a comeback after a difficult year in which it issued two profit warnings. It credited a record Black Friday for strong sales growth over the festive period.
Each year, around 185,000 MBA students graduate in the U.S. alone. A significant portion of these students spend more than 100 hours each preparing for so-called case interviews — the favored evaluation method of elite consulting firms such as McKinsey, in which candidates are presented with a business problem and asked to talk through how they would solve the problem.
The struggling fashion retailer Ted Baker has admitted that an accounting error was twice as big as initially thought, leaving it with a £58m hole in its balance sheet.
Technology, business and strategy consulting firm Slalom has opened up shop in Australia, with former Accenture Asia Pacific technology lead Michael Shimota heading up the company’s local operation.
AlixPartners announced that Tom Scampion has joined as a Managing Director. Tom joins the firm’s EMEA Investigations & Compliance Services team. He will be based in AlixPartners’ London office, and together with Guenter Degitz, Managing Director in AlixPartners’ Munich office, will co-lead the firm’s Financial Crime business in EMEA.
PwC, the leading professional services firm, has opened its largest UK regional office as it moves into its landmark new Birmingham home, One Chamberlain Square.
The management consulting sector of the combined countries of the Gulf Cooperation Council (GCC) – Saudi Arabia, the UAE, Oman, Kuwait, Qatar and Bahrain is now worth over $3 billion. The size of the market is not necessarily surprising, given the importance placed on tapping external expertise by various large firms across multiple of industry sectors in the region. The growth in management consulting market is getting back on track after the dramatic dip in global oil prices in 2016, where the crash took oil prices to as low as $26.21 per barrel and now in January 2020 tracking at around $58 per barrel. Unsurprisingly, the implication of uncertain oil prices has fuelled investment from local GCC governments to further increase their consultancy spend to diversify across non-oil related sectors which has been further exacerbated by the worsening inter-trade agreements in the Gulf, a predicted contraction in global economic growth fuelled by Brexit and The US-China Trade War, and increasing pressure on natural resources.
TSB has announced a new IT centre in Edinburgh to drive forward digital banking as part of a £120m investment, creating 100 technology jobs.
Foreign insurance companies are expected to expand further into mainland Chinese market as the country removes a cap on foreign ownership and other regulatory hurdles, analysts said.
The process of applying for a job at a top global management consultancy has come a long way since the days of turgid psychometric testing and brutally rigid corporate grading regimes. But big global firms like Accenture and Capco still put potential candidates through a challenging and rigorous recruitment process for management consultancy jobs.
At a time when the majority of the banking industry is trying to adjust business models to reflect a more digital ecosystem, several financial and non-financial organizations in China have already brought together big data, advanced analytics, modern digital technology, and an innovation culture to deliver exceptional consumer experiences. The question is, can financial institutions elsewhere in the world catch up?
The Technology, Media, and Telecom (TMT) practice of Middle East consultancy Strategy& has been given a leadership boost for the new year with two additional partners; Karim Sarkis, who joined the firm at the beginning of 2018 (after an earlier career stint at Strategy& predecessor Booz & Company), and Lancelot Sursock, who returns to Strategy& after spending over a decade with Booz to 2015.
Chicago based Strategy and Operations firm A.T. Kearney is now Kearney as part of the firm’s comprehensive rebrand.
