New Industrials Imperatives

L.E.K.’s John Goddard and Carol Wingard discuss findings from a new special report: “New Imperatives: Why Global Industrials Must Shift Strategic Priorities” where CEOs of major global industrial firms discuss how they’ll respond to critical challenges rooted in slow growth, disruptive technologies, unforeseen competitive threats and the impact of the Industrial Internet of Things. Watch now to learn more about why global industrials must shift strategic priorities or potentially get left behind.

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Special Report

Global pharma companies face growing uncertainty over changes to Japan’s drug pricing system. The market is moving away from a system that has historically provided relatively favorable pricing and access to one that is likely to be more value-oriented and restrictive. New special report summarizes the issues, proposes possible future states and highlights imperatives for the pharmaceutical industry to adapt to the changing reality of the Japanese market.

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Thought Leadership

Most data-driven healthcare IT (HCIT) providers aren’t going to survive. Their business models are at serious risk of failure in the next three to five years. To beat those odds, they need to evolve dramatically, and fast, to a point where they are not selling data at all. This Executive Insights examines ways that data providers are making the move from data provider to data analytics services.

It’s no secret that traditional brands and retailers are under siege. Consumer behavior is changing rapidly. Low- and off-price players are moving in. Labor costs are on the rise, while consumers are moving their spend online — and away from tangible goods. This Executive Insights is about how brands and retailers can operate in the kind of environment we have today.

This Executive Insights profiles the high-growth category of fresh prepared foods and why retailers and suppliers alike can expect to find significant opportunities in this market for years to come.

In this Executive Insights Tom Diplock, Peter Walter and Harpreet Singh explain how industrial companies can leverage their data and new analytical possibilities to seize the advanced analytics opportunity, and set out four key building blocks to ensure they create the right strategy.

Consumers are a moving target, powered by major generational shifts. Retailers that ignore generational change risk obsolescence. Recently, L.E.K. Consulting surveyed more than 3,800 Americans, including roughly 2,200 Millennials aged 18 to 34, about their shopping preferences. This Executive Insights delves into important insights on how retailers can win the generation game.

New mobility is a brave and exciting opportunity with a significant financial prize. In this Executive Insights, L.E.K. Partners Ashish Khanna and Simon Barrett identify the key provider categories emerging in the new mobility paradigm and highlight the critical success factors as they seek to create commercially viable operations.  

Meal kits have emerged as one of the hottest topics among food and beverage executives. That’s because in the past few years, more than 150 companies have jumped into the meal kit game in the U.S. Industry leaders include Blue Apron, Plated, Home Chef and HelloFresh, followed by a long line of specialized and regional players. This Executive Insights examines multiple factors affecting the evolving the meal kit industry and why a shakeout is likely.

In this Executive Insights, L.E.K. London Partner Peter Ward discusses why, nearly one year after Brexit , UK based international financial services firms are planning for the worst but still hoping for the best. Brexit has wounded the City of London, but negotiations have a long way to run and the smart money will keep its options as open as possible.

One common theme that we hear as we speak to executives industrial companies is the enormous challenge they face in achieving growth. This Executive Insights examines how industrial companies can employ an Edge Strategy® mindset to create incremental profits by presenting customers with additional offers that surround the core product or service that defines their business.

Virtual reality and augmented reality will transform retailing. But how, exactly? L.E.K. Consulting recently surveyed 1,000 consumers who had already experienced AR and VR technology. The results offer an initial look at what consumers hope to do when they shop in augmented or virtual realities.

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