Data-led Workforce Optimization And More

Weekend must read?

The reduction of costs can be a strategic outcome of a conscious process aimed at improving the long-term performance of a business. However, it should never be a standalone goal.??

We fundamentally believe in driving organizational optimization to achieve sustainable performance. Together with 美世 we present an approach that views workforce optimization as an ongoing and data-driven discipline, embraced by all leaders at all levels. ??

Did you know??

Saudi Arabia has ambitious plans to invest $800 billion in the tourism sector, with the goal of increasing its contribution to the country's GDP to 10% by 2030.??

The country is investing heavily in this sector, including the opening of a new school of tourism and hospitality in Riyadh’s Qiddiya entertainment and tourism district by 2027, to help nurture local talent.? Learn more about Saudi Arabia’s plans, here. ?

Industry briefing?

New Monetary Order: In addition to monetary policy, stricter banking regulations have played a crucial role in shaping the evolution of the financial services sector. These regulations have had a particularly significant impact on globally important banks. Here, we analyze the effects of the Low for Long environment on the US financial sector and highlight four key takeaways that have implications for the current complex landscape and beyond. ?

Designing for digital health: For technology to be a valuable asset rather than a burden, the input of clinicians is crucial from the very beginning. Physicians are eager to get their hands on digital tools and other innovations aimed at improving patient care, but they want a more prominent voice in the early stages of development and implementation. ?

Corporate scoop?

Fantasy boardroom: When envisioning an ideal board like you would a Fantasy Football team, it becomes evident that executive and non-executive compensation is a significant factor. Currently, the non-executive community is largely paid the same base fees irrespective of their caliber, experience, or personal performance, with differentiation only occurring through additional sub-committee roles. We explore the potential value of compensating non-executive directors differently based on skills, talents, and personal performance. ???

Transforming Allied Solutions: As a long-standing subsidiary of Securian Financial, Allied Solutions had maintained after-tax earnings in the $20 million range for several years. To enter a new phase of growth, the company embarked on an ambitious initiative aimed at transforming its performance and boosting earnings. Discover how they achieved $456 million in revenue in 2022 with the help of Oliver Wyman.?

Oliver Wyman in the news?

WEF: Countries with more women in government are more prosperous ?

WEF: The UN now focuses on climate change as a health issue too. Here's why ?

The Banker: Fraud detection and prevention: have automated tools gone too far? ?

Reuters: Shared mobility to make up 7% of all urban journeys by 2030 - report ?

Forbes: Sustainable Aviation Fuel And The Blended Wing Body Revolution ?

CEO Magazine: Why big corporations are ditching tradition for trailblazing ?

Who to follow?

Simon Schnurrer , partner and global head of our Automotive Practice?

Larissa De Lima, Oliver Wyman Forum senior fellow, on the ground at Singapore Fintech Festival this week?

Juin Keek , partner in our Digital and Retail and Business Banking Practices, on the ground at the Singapore Fintech Festival this week?

More insights?

Turning climate intent into action ?

Leading in the age of acceleration ?

Harnessing risk and economic disruption ??