This Week in Consulting
Friday, November 16th, 2018
Workforce of the future: The competing forces shaping 2030
THIS WEEK’S MUST READ
“Teamwork has real-world, practical applications, and when applied to the world of federal procurement, these applications can lead to billions of dollars in savings.”
We are living through a fundamental transformation in the way we work. Automation and ‘thinking machines’ are replacing human tasks, changing the skills that organizations are looking for in their people. But what will the future look like? This isn’t a time to sit back and wait for events to unfold. To be prepared for the future, you have to understand it.
Mobile and social technologies are enabling business to better engage with their workforce, now more than ever there is an opportunity for the workforce to be engaged in the way their workplace policies, processes and work environment are shaped. Having an engaged workforce which is able to adapt quickly is a key focus for many employers and a key to quick adoption is the workplace.
This Week’s Must Read features a ‘workforce of the future’ study from PwC, where the consultants look at four possible Worlds of Work for 2030 to help you kick-start your thinking. You can also take a closer look at the views of 10,000 people in their survey findings summary.
Read on to Find out More: “Workforce of the future: The competing forces shaping 2030“, featuring Carol Stubbings, Justine Brown, Tom Gosling ,Bhushan Sethi, Blair Sheppard, John Sviokla, Jon Williams and Daria Zarubina , PwC
THIS WEEK’S VIDEO:
Will machines replace humans?” This question is on the mind of anyone with a job to lose. Daniel Susskind confronts this question and three misconceptions we have about our automated future, suggesting we ask something else: How will we distribute wealth in a world when there will be less — or even no — work?
INDUSTRY NEWS & INSIGHTS
- OEE Consulting joins forces with gobeyond : OEE Consulting, one of UK’s larger independent consultancies specialising in operations and customer excellence, has been picked up by French multinational Webhelp. The BPO provider will merge OEE Consulting with its relatively new consulting subsidiary gobeyond, creating a consultancy with more than 300 consultants. | OEE Consulting
- 4C Associates launches procurement and cost management solution: European procurement consultancy 4C Associates has launched a range of software modules, collectively the 4C Analytics platform, to address procurement and cost management issues. With the approach of Brexit likely to complicate many logistics chains in the UK and EU, the new line of insight-as-a-service products is hoped to offer clients a way to analyze and rapidly improve their procurement mechanisms. | Steve Harrison, 4C Associates
- Sale of Wagamama by Duke Street and Hutton Collins: Two major transactions have seen the Japanese dining chain Wagamama and UK cider maker Aston Manor change hands. Both deals saw strategy consulting firm OC&C advise on the sell-side. The Restaurant Group beat private equity firms for a sale that was launched in June by Goldman Sachs on behalf of Duke Street, Wagamama’s private equity backer. Now, the “transformative” £559 million takeover of the Wagamama chain will see the UK-headquartered corporation assume Wagamama’s net debt of £202 million. | OC&C
- Consulting firm McKinsey launches new arm for design services: International strategy consulting heavyweight McKinsey & Company has formalised its entry into the world of design thinking, launching the new McKinsey Design brand. The firm’s new business unit builds on three acquisitions – Lunar, Carbon12 and Veryday – which has enabled it to reach a headcount of some 350 designers spread across ten international hubs. | Consultancy uk
Congratulations to the Consulting Quest Team!
It is with great honor to announce that Consulting Quest has been chosen as a finalist for the Best Procurement Consultancy Project Award for the World Procurement Awards 2018! Do not forget to check out our nominated case study.
- Delivering the workforce for the Future :Digital technology is disrupting entire industries and changing the way companies do business across all stages of the value chain: how they develop, market, produce, sell, and deliver products and services. Interactions and ways of working within organizations are being transformed, as are the ways they build, manage, and maintain relationships with customers. For executives, it is a top priority to plan for a digital workforce now. Organizations need to avoid skills instability and prepare for the proficiency required tomorrow. | Antonis Christidis, Stephen Kelly, Axel Miller, Patrick Farley, Oliver Wyman-Mercer
- People – Not Just Machines -Will Power Digital Innovation: As new technologies cause value chains to rapidly evolve and organizational boundaries to blur, human roles and tasks are also digitizing, as machines alter how knowledge work is performed. Thriving in this digital era of promise and uncertainty means increasing the velocity of innovation, experimentation and collaboration. The main engine for this is not some magical technology — it’s talented people | Euan Davis, Cognizant
- Shaping the Agile Workforce: The key to workforce agility lies in a strategy that puts people first, enabled by technology. With an eye on business outcomes, leaders will develop talent strategies that help liberate human potential to shape an agile workforce—one able to confidently face the changes ahead. | Mary Lyons, Michael Biltz, Nicholas Whittall, Accenture strategy
- The workforce of the future : Mobile and social technologies are enabling business to better engage with their workforce, now more than ever there is an opportunity for the workforce to be engaged in the way their workplace policies, processes and work environment are shaped. Having an engaged workforce which is able to adapt quickly is a key focus for many employers and a key to quick adoption is the workplace. | Michelle Bishop, Calder Consultants
Consulting Quest will be hosting a free Webniar for industry leaders in the coming months exploring best practices in Consulting Procurement. If you are interested in participating, please fill out this survey.
Check Out Other Upcoming Events and Workshops & Become a Part of the Consulting Quest Community!
- 68 Small Business Resources to Make Consulting Easy : Here are some extra small business resources for consultants to help you stay up-to-date on tips and tactics, improve your business practices in general, and to improve your toolkit. After all, it pays to be prepared. | Ben Mulholland, Process Street
- So You Want to Go Into Procurement Consulting: 3 Areas to Consider– In the same vein as lists of what doctors tell their own friends about common ailments, here are three things to know as you determine whether freelancing is for you. | Rebecca Karp, SpendMatters
- How to Become a Consultant :Management consultants work to increase efficiency. But that is a very simple way to explain what they really do behind-the-scenes for large companies and organizations. Here’s how their days break down. | Learn How To Become
- How to navigate the consulting recruiting process when firms aren’t coming to your MBA program: Most global management consultancies recruit at only a select number of MBA programs. Read to find out What you shoud do if you’re a strong candidate and a firm is not recruiting at your school. | MBA Schooled
- Are you a Consultant with Supply Chain background or prior experience working in Retail/CPG? This may be the opportunity you have been long for. A Client of Consulting Quest – an Asia-based small Global Consulting Firm – is seeking to hire an Engagement Manager to join their newly established office in New York City. Learn More
Consulting Quest is a global, performance-driven consulting platform founded in 2014 by former members of top 10 consulting firms with the objective of reinventing consultancy performance. With a worldwide presence and a range of proprietary performance measurement tools, we help companies navigate the consulting maze. We work with Consulting Clients to increase their performance through consulting and Consulting Providers to help them acquire new clients and to improve their performance.