The Secret Behind Family-Owned Businesses And More
Now You KnOW features quick insightful takes on the issues of the day that matter most to you.?
Weekend must read
The final season of HBO’s award-winning TV series, Succession, highlights the unique dynamics in family-owned firms. With many of the world’s largest, and most successful, companies being run by families, we explore and compare, the benefits of both public and family-owned companies, highlighting the critical lessons that should be borrowed from both models.??
Did you know?
More than 1.3 billion tons of food produced is lost and wasted every year??
With as many as 828 million people affected by hunger in 2021, the pressure on the globe’s food value chains is only building. Solving the problem of food loss and waste can significantly improve food security worldwide and will bring us strides closer to the UN Sustainable Development Goal to end hunger. In our Food Loss and Waste report, we outlay the timeline solutions to tackle this challenge.?
Industry briefing
Rising drug costs in America: The increasing drug prices over the last decade have prevented one in three Americans from taking their prescriptions as recommended. However, new research shows that private health insurance protects patients from cost hikes. Here, experts from our Actuarial Practice examine the key trends in employer-sponsored health insurance in relation to the increase in prescription drug costs.
Commodity trading’s most profitable year: The commodity trading industry set a record in 2022 for gross margin, surpassing $100 billion. Our analysis indicates that the key commodities driving the rise in trade were oil and natural gas. However, industry expansion generated large growth in all trading sectors, with traditionally non-asset-backed traders – independents, banks, and hedge funds – seeing dramatic increases. We deep dive into the key factors that drove opportunities for traders.
Turning waste into biogas: As many sectors explore how to power their green energy transition, the good news is that biogas made from agricultural and food waste can reduce the pressure on overflowing landfills while also providing green sources of natural gas and diesel. Our experts sit down with BioteCH4, a European innovative player in the bioenergy space, to discuss their patented new production technologies, which can serve the needs of end users that will stubbornly be hard to transition off hydrocarbons.
Corporate scoop
The future of brand loyalty: Loyalty can mean many things to different people and different companies. Brand experts from Lippincott, Hyatt Hotels, SouthWest Airlines, and Uber Eats discuss consumer trends in brand loyalty and what it means in the face of the post-pandemic world. Live from SXSW, Lippincott’s bonus episode of Icons In The Making Podcast unpacks how brands can cut through the unlimited supply of reviews, recommendations, likes, aggregators, chatbots, and more.??
AI’s revolution in healthcare: From the next generation of ChatGPT to fighting climate change, artificial intelligence (AI) dominated the news at SXSW 2023, including the healthcare track. Industry leaders need to think strategically about the potential uses of AI in healthcare and develop sound governance models.?
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Oliver Wyman in the news?
Who to follow
Caroline Gibbons, partner in our Private Capital Practice?
Jean A. Salamat, partner in our Communication, Media, and Technology Practice?
Shivani Shah, senior director in our Health and Life Sciences Practice?
We're hiring
All voices matter at Oliver Wyman that's why we created the Global Leadership Team Council, a group of non-executive colleagues from all industry groups representing a wide range of backgrounds, roles, and identities. They work alongside our senior leaders, providing new insights and perspectives, and helping define and deliver the firm’s long-term strategy and key firm initiatives. Join us in one of the 300-plus open roles.???