Climate Change’s Disproportionate Impact On Women And More

Now You KnOW features quick and insightful takes on the issues of the day that matter most to you.  

Weekend must read 

Women are disproportionately impacted by the negative effects of climate change. They make up 80% of people displaced by climate change and are 14 times more likely to die, or be injured, in a natural disaster than men. Yet, while they are often the victims of climate change, women have the capacity to act as critical changemakers in addressing the climate emergency. They are key stakeholders in designing and implementing solutions. 

Did you know? 

52% of Chinese consumers will focus more on value-for-money spending this year  

Our sentiment surveys reveal that Chinese consumers are looking to spend more rationally going forward, with impulse purchases expected to become less frequent. While premiumization will continue, consumers want more concrete and tangible benefits before deciding to trade up. What does this mean for the luxury goods market? We outline what to expect from Chinese consumers in 2023 and beyond.

Industry briefing 

Key tech insights to know: From Starbucks generating clean water for coffee growers in East Timor to Mercedes-Benz announcing they will build a network of 2,000+ charging stations, this month’s Consumer Electronics Show focused on how companies can address the biggest challenges of our time by combining existing technologies in unexpected, forward-looking ways. Our experts on the ground share the key takeaways from the event. 

Easing pilot shortage: Thanks to rising salaries, faster career paths, and greater awareness of the need for pilots, the number of candidates pursuing certification to fly commercially is rising. While this won’t address the immediate pilot shortage problem, it does mean that the gap between the supply of pilots and demand for them will shrink later in the decade.   

Corporate scoop 

Thinking outside the box: Domino's has established itself as a digital disruptor – earning the nickname “a tech company with a pizza obsession.” Kate Trumbull, SVP of Brand and Product Innovation, discusses the corporation's impressive recipe for success on Lippincott’s Icons in the Making podcast - infusing innovation into everything they do, developing a selective approach to partnerships, and harnessing A/B testing.

Value selling: As demand falls and supply comes back online, a seller’s market is turning into a buyer’s market. With budgets constrained or cut, and layoffs real or threatened, we are seeing the early signs of an overall flight to value. New projects or purchases will require much clearer returns on investment. Now is the time for sales organizations to get serious about value selling and value pricing. We outline four actions to position your company for sales success.   

Oliver Wyman in the news 

Luxury brands bet on the power of the rabbit — and the return of Chinese shoppers 

Gen Z know they’re stereotyped as ‘snowflakes’— but they say watching their parents cope with 2008 financial crisis made them tough and realistic 

Half of global GDP relies on nature–but it’s being wiped out. Here’s the business case for investing in biodiversity 

Spotlight on Davos 

Reflecting on the World Economic Forum Annual Meeting last week, our CEO Nick Studer and vice chair Huw van Steenis share their respective key takeaways.

Who to follow 

Nyree McFarlane, editorial and PR manager for the IMEA region 

Grigoris Zarifopoulos, partner and newly appointed head of Greece 

Hunter Williams, partner in our Retail practice and speaker at FMI Midwinter  

We’re hiring  

At Oliver Wyman, we bring deep expertise and profound curiosity to the pursuit of ambitious ideas and uncommon insights. We ask bigger questions, seek diverse perspectives, and challenge ourselves to find the most powerful and sustainable solutions. Join us in one of 400+ open roles. 

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