Bruno Despujol

Learning from New CEOs Last week Rich Lesser, Matthias Tauber and I hosted our annual New CEO Forum in Paris with 13 new enterprise CEOs who lead companies in a broad range sectors across financial services, industrial goods, healthcare, energy and more, headquartered in a diverse set of European markets. We discussed how CEOs today can create resilient organizations that demonstrate agility in addressing the increasing short-term pressures on their businesses while also investing deliberately to drive sustained growth and innovation. We reflected how leaders can transfer the capabilities that their teams honed in crises – when people pull together with a shared sense of purpose, accountability and the imperative of effective decision making – into a ‘steady state’ of running the business that is markedly more volatile than it used to be. And Bruce Cleaver, former CEO of de Beers, shared his perspective on CEOs needing to turn a 'burning platform' (that is intuitively understood in any crisis) into a 'burning ambition' for ‘peacetime operations’. What truly impressed me was the pervasive sense of humility of the CEOs present: all of them emphasized how much they rise and fall with the shared ambition, energy and support of their team We left energized and hopeful for the future, knowing these leaders are at the forefront of world changing businesses. Find further readings on shaping high performing teams here: https://lnkd.in/dNP6hYG4

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In times of high volatility, mid-cap companies face a greater risk of falling behind larger competitors. During this session my colleagues Denis Bugrov, Laurent Kinet, and Akira Shiratori discuss how Asia-based mid-cap businesses can outperform by combining their agility with a bold transformation approach. If you would like to request an invite: https://lnkd.in/gbv4s-4B #Transformation

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I am happy to share with you the Future of Work report we wrote this year in collaboration with the #WorldGovernmentSummit 2024. This report explores trends impacting Government HR and potential policy interventions #publicsector #WGS #FTIConsulting

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In a new interview with Fortune's CEO Daily, Bain's Worldwide Managing Partner Christophe De Vusser shares how we have not yet reached the tipping point with generative AI, and explains how we're helping our clients shape the future and reinvent industries. https://bit.ly/3XpZI8s

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I'm thrilled to share key findings from BCG's latest study on gender equality in Europe's financial industry. As the industry continues to work towards a more diverse and inclusive workforce, the findings emphasize both progress and areas that need more focus. 𝐊𝐞𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 🚺 𝐒𝐥𝐨𝐰 𝐏𝐫𝐨𝐠𝐫𝐞𝐬𝐬 𝐢𝐧 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩: Women still hold just 24% of executive roles in Europe's top 50 banks, despite growing efforts. 💸 𝐖𝐢𝐝𝐞𝐧𝐢𝐧𝐠 𝐏𝐚𝐲 𝐆𝐚𝐩: Women earn >20% less than men in both executive and supervisory roles, and the gap widened compared to 2023. 🌍 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐃𝐢𝐬𝐩𝐚𝐫𝐢𝐭𝐢𝐞𝐬: Northern & Central Europe show progress, but full gender parity remains elusive. Southern & Eastern Europe trail behind. ⚖️ 𝐃𝐄𝐈 𝐆𝐚𝐩𝐬: 40% of women in banking don’t feel comfortable reporting discrimination, despite improvements in DEI efforts. 🔄 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐚𝐥 𝐂𝐡𝐚𝐧𝐠𝐞 𝐍𝐞𝐞𝐝𝐞𝐝: Quotas and policies are a start, but real transformation requires a holistic, business-led approach to DEI. 💼 𝐖𝐡𝐚𝐭’𝐬 𝐍𝐞𝐱𝐭? As the need for inclusive leadership grows, businesses must shift from narrow DEI strategies to a holistic transformation approach, led by top leadership. Read the full report to learn more about how we can collectively move toward a more inclusive financial sector: https://lnkd.in/gYmcmEUy Authors of the study: Dr. Verena Pearce, Julia Rolf, Nadjia Yousif, Hannah Försterling and Pim Hilbers https://bcg.smh.re/Dh0

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In times of high volatility, mid-cap companies face a greater risk of falling behind larger competitors. During this session my colleagues Denis Bugrov, Laurent Kinet, and Akira Shiratori discuss how Asia-based mid-cap businesses can outperform by combining their agility with a bold transformation approach. If you would like to request an invite: https://lnkd.in/duHTjMNm #Transformation

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Are you are board director in the Romandie looking to get more insights on AI and governance? Then join us on 27 May for what promises to be a thought-provoking panel discussion with experts. Check out the details below👇🏻 #boardroom #boarddirectors #AI #GenAI #governance

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In a new interview with Fortune's CEO Daily, Bain's Worldwide Managing Partner Christophe De Vusser shares how we have not yet reached the tipping point with generative AI, and explains how we're helping our clients shape the future and reinvent industries. https://dy.si/jYVgMy

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Thrilled to introduce Oliver Wyman Quotient, our global AI offering!   We know AI is a top priority for many senior leaders and CEOs, but organizations still find it challenging to turn theory into tangible outcomes. With our 25+ years of AI leadership, Oliver Wyman Quotient is your single entry point for all AI needs, delivering real, impactful outcomes.   Learn more here: https://owy.mn/3VFEann #AI #OliverWymanQuotient #GenAI

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When stakeholders along the supply chain collaborate, they don’t just move goods…they accelerate decarbonization efforts - leading us to a cleaner and greener tomorrow. It’s incredible to see how corporates are harnessing the power of collaboration platforms along the way!

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FTI Consulting’s performance for the second quarter of 2024 shows another strong set of results across our business segments, which we attribute to our ability to provide clients with the critical business, crisis and transformation expertise that they need to embrace change and opportunities. We will continue to invest in our people and our capabilities to build on this momentum.    • Second quarter 2024 revenues of $949.2 million, up 10% compared to $864.6 million in the prior year quarter • Second quarter 2024 EPS of $2.34, up 34% compared to $1.75 in the prior year quarter   Please read the press release for more details: https://lnkd.in/d5xAbbAR

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The macroeconomic environment in Europe is weakening. GDP growth is stalling and major economies like Germany, France, and Italy are under-performing. This is particularly critical for the automotive supplier industry and for the broader industrial space as our analysis shows. Discover which sectors are at risk and read our full restructuring expert report based on our annual survey here > https://owy.mn/4cSvtxy #Restructuring #BusinessStrategy #Transformation

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Amidst a world full of challenges, the need for effective corporate #transformation has never been greater. Our latest global BCG study finds that only 26% of transformations succeed in creating lasting value. Discover the five key truths and one common misconception about driving successful corporate change.

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Forward-looking companies are rethinking how they create, deliver, and capture value—and are setting themselves up for success. In our new strategy+business article, my colleagues Venky Jayaraman and Veronique Roos-Emonds, and I explore how leaders are challenging long-held assumptions and creating value from business model reinvention. Read more here, and please share your comments and feedback.

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With billions set to tune in to watch the 2024 Paris Olympic Games, business leaders can draw valuable lessons from the resilience demonstrated during the Games. Accenture's research shows that companies investing in resilience—financial solvency, #technology, #talent, etc.—achieve higher growth and profit, similar to the synergy of tech and talent in sports. Learn more in this Forbes article by Accenture’s Muqsit Ashraf. https://accntu.re/3WvLwue

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Discover how generative AI is reshaping the insurance industry in the latest episode of the McKinsey on Insurance podcast. Recorded live from the ITC, annual insurance conference in October 2024, McKinsey senior partner Tanguy Catlin and Matthew Cooke, global director of marketing and communications for Financial Services Practice, dive into the transformative potential of AI technologies. Delve into the future trajectory of the industry, innovative strategies to stay competitive, and practical ways to harness AI for creating value. Don't miss out on this insightful conversation: https://lnkd.in/g3UJWAJs #Insurance #FinancialServices #genAI #Innovation #NeverJustTech

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Once again, we’ve been named one of the top places to work for women in 2024. Learn more about the people who make Bain a standout workplace for women: https://atbain.co/4hzrXe8

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I recently had the opportunity to share insights with People Matters Global on CHRO turnover in the Middle East. Our analysis reveals fascinating trends that are reshaping HR leadership in the region:   Strategic Elevation: CHROs are increasingly becoming crucial strategic advisors to CEOs. Market Stability: Interestingly, despite global fluctuations, we're seeing a push for CHRO retention. Organizations are recognizing the value of consistent HR leadership in navigating market volatility. Cultural Acumen: For external CHRO appointments, a deep understanding of regional nuances is non-negotiable. The ability to align global best practices with local cultural contexts is proving to be a key success factor.   These trends paint a picture of CHROs as pivotal players in shaping business strategy, particularly in our dynamic Middle Eastern market. https://lnkd.in/eSwtnjMz   I’m curious to learn more about your thoughts and experiences. Please do share in the comments below.   #HRLeadership #MiddleEast #CHROTurnover

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Buy-and-build continues to be one of private equity’s most popular strategies, but a sustained period of higher interest rates is making it a lot harder to drive returns. In our webinar recording, Bain expert Alexander De Mol explores this topic in detail.

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