Xavier Bosquet

«Le principal risque aujourd'hui est de se laisser influencer par un faux sentiment de protection» As we are still witnessing the devastation caused by dramatic flooding in Spain, it's clear that resilience must be at the heart of corporate strategies. When I spoke a few months ago with Florent JANSSEN (from CDSE (Club des Directeurs de Sécurité des Entreprises) on the importance of anticipating climate risks, it was obvious that corporate companies cannot afford a reactive approach facing the consequences of extreme climate events. We need to build systems and communities that endure and evolve amid climate change challenges. My key takeaways from this interview which I also share below in its full extent: 👀 Prioritize risk mapping: Climate change is not uniform. To prepare effectively, we need to understand how each region’s specific vulnerabilities, like flooding in lowland areas, will be impacted. 🫣 Invest in forward-thinking adaptation: Protecting lives and infrastructure requires actionable, data-driven investments now. Adaptation is not optional—it's an essential investment in sustainable futures. However, financing issues will put constraints on assets to protect and adapt first. 🏩 Beyond business, there's a reminder of the broader societal responsibility to ensure that climate adaptation strategies benefit communities, protect lives, and reduce environmental impact. 🤝 Public and private partnerships are vital: No single sector can tackle this alone. Cross-sector collaboration enables the agility and strength needed to confront climate challenges head-on. Especially, when it comes to flooding, it takes months and years to align the priorities of all stakeholders to not only build physical solutions like flood barriers, but in a more efficient and sustainable perspective, reinforce the water absorption capabilities of wet lands in the watershed where population protection and economic resilience are critical. 🔊 Early warning systems and adaptive organization: Developing and integrating early warning systems is crucial for timely responses to climate hazards. Organizations are encouraged to adopt flexible, adaptive structures that can quickly respond to changing environmental conditions, reducing potential damages and ensuring business activity. I understand there is an ongoing debate in Spain: in September 2023, Madrid's president, Isabel Diaz Ayuso, issued a large-scale alert to halt movement among Madrid residents, resulting in a near-miss. Other leaders criticized this decision for its negative economic impact, as the extreme rainfall ultimately affected areas outside Madrid. The equation of climate adaptation is not easy to solve. The situation in Spain underscores our collective responsibility to not only respond but proactively build resilience into our society. But *human lives are above all considerations*, no? 🙏🏼 🌍💧 #ClimateResilience #Adaptation #Sustainability #RiskManagement #Flood #WetLands

52

4 commentaires

Our experts Raphael Miolane, Senior Managing Director in Corporate Finance & Restructuring, and Michael Ovalles, Senior Managing Director in Business Transformation, Office of the CFO Solutions Practice, discussed the current trend of outsourcing & offshoring financial functions for global companies, during the AmCham France CFO Club virtual session. Here are the key insights of their discussion: ✔ The main factors for outsourcing are access to specialized skills and cost optimization. ✔ Ensuring effective integration and onboarding of new talent is essential in a competitive global environment ✔ High turnover rates in offshoring strategies require close attention ✔ There is a noticeable shift towards outsourcing knowledge-based tasks, which can highlight the value of specialized and strategic skills over purely transnational activities ✔ The new opportunities brought by Advanced Machine Learning & Artificial Intelligence. Thank you to AmCham France and all the participants for this wonderful session! #ExpertsWithImpact #Outsourcing #Offshoring #CFO

7

Our experts Raphael Miolane, Senior Managing Director in Corporate Finance & Restructuring, and Michael Ovalles, Senior Managing Director in Business Transformation, Office of the CFO Solutions Practice, discussed the current trend of outsourcing & offshoring financial functions for global companies, during the AmCham France CFO Club virtual session. Here are the key insights of their discussion: ✔ The main factors for outsourcing are access to specialized skills and cost optimization. ✔ Ensuring effective integration and onboarding of new talent is essential in a competitive global environment ✔ High turnover rates in offshoring strategies require close attention ✔ There is a noticeable shift towards outsourcing knowledge-based tasks, which can highlight the value of specialized and strategic skills over purely transnational activities ✔ The new opportunities brought by Advanced Machine Learning & Artificial Intelligence. Thank you to AmCham France and all the participants for this wonderful session! #ExpertsWithImpact #Outsourcing #Offshoring #CFO

2

1 commentaire

Our experts Raphael Miolane, Senior Managing Director in Corporate Finance & Restructuring, and Michael Ovalles, Senior Managing Director in Business Transformation, Office of the CFO Solutions Practice, discussed the current trend of outsourcing & offshoring financial functions for global companies, during the AmCham France CFO Club virtual session. Here are the key insights of their discussion: ✔ The main factors for outsourcing are access to specialized skills and cost optimization. ✔ Ensuring effective integration and onboarding of new talent is essential in a competitive global environment ✔ High turnover rates in offshoring strategies require close attention ✔ There is a noticeable shift towards outsourcing knowledge-based tasks, which can highlight the value of specialized and strategic skills over purely transnational activities ✔ The new opportunities brought by Advanced Machine Learning & Artificial Intelligence. Thank you to AmCham France and all the participants for this wonderful session! #ExpertsWithImpact #Outsourcing #Offshoring #CFO

3

Spendesk Revolutionizes Business Payments with Launch of Its Own Financial Institution Spendesk, a renowned spend management platform for mid-sized businesses, has launched Spendesk Financial Services, a fully licensed payment institution. This marks a major step in the company's transition from offering spend management solutions to becoming a comprehensive payment institution, underscoring its ambition to redefine payment management in Europe. Regulated by the Autorité de contrôle prudentiel et de résolution (ACPR) in France, Spendesk Financial Services puts the company at the forefront of innovation and security in financial services. With full control over its payment chain, Spendesk ensures streamlined service delivery and heightened transaction security. As a principal member of the Visa network for card issuing, it demonstrates a commitment to cutting-edge solutions. Axel Demazy, CEO of Spendesk, highlighted, “The autonomy enabled by Spendesk Financial Services allows us to innovate while providing clients with enhanced security and simplified management. Our goal is to become the standard for payment at work in Europe.” This launch reflects the company’s dedication to setting new benchmarks in the financial ecosystem. Spendesk’s collaboration with Visa enhances its ability to deliver secure and scalable solutions, aligning with its vision of creating seamless financial experiences. Serving 5,000 businesses and over 200,000 users across Europe, Spendesk’s integrated solutions are bolstered by a robust payment infrastructure, solidifying its leadership in spend management. This launch demonstrates Spendesk’s proactive approach to modern financial operations. By integrating spend management with payment services, the platform empowers businesses to operate efficiently and reduce administrative burdens while enhancing the user experience and aligning with digital financial trends. Amid rapid financial industry innovation, Spendesk’s move places it in competition with established players while carving a niche in spend management. The Visa partnership and ACPR oversight ensure its offerings meet the highest security and reliability standards. Evolving into a payment institution represents a bold, forward-thinking step, setting new standards for financial solutions in Europe. Spendesk’s commitment to innovation and client-centricity signals a bright future for its customers and potential markets. For more, visit [Spendesk’s official announcement](https://lnkd.in/eSe7PP6v). #payments #banking #fintech #futurepayments

33

6 commentaires

Any organization performs only 2 things: 1.   Its day to day business, which is the reason it exists 2.   Making itself fit for the future = Transform = Strategy Execution Does anyone have a different view? If you enjoyed this reflexion, don't hesitate to like and follow me. 👍 #Performance #Execution #Transformation #Strategyexecution #Strategy

20

18 commentaires

𝗧𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗣𝗼𝘀𝗶𝘁𝗶𝘃𝗶𝘁𝘆: 𝗛𝗼𝘄 𝗢𝘂𝗿 𝗔𝘁𝘁𝗶𝘁𝘂𝗱𝗲 𝗦𝗵𝗮𝗽𝗲𝘀 𝗧𝗲𝗮𝗺 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 Reflecting on the past few months, it's incredible to think that SAMP has nearly matched overall last year's performance in just six months. This achievement, naturally, came with its fair share of challenges. Through it all, I've learned how crucial it is to maintain a positive outlook. I’ve realized how much my attitude, energy, and stress levels impact others – starting with my team (and, of course, my partner at home). Our attitudes as leaders profoundly influence our teams, often more than we realize. During tough times—or simply when we're tired and overworked—it’s easy for our spirits to drop. We're all human; not every month can be fantastic. But even in those moments, our teams look to us for guidance. If we let our morale slip, we might unknowingly bring our teams down with us. I admit, I’ve struggled in the past months to find the balance between being authentic and staying positive. It’s not about forcing a fake smile—people can see through that. They sense the tension and stress behind the facade. For me, “faking it until you make it” doesn’t work. So, how do we stay positive in tough times, especially when things aren’t going well? I’ve realized that positivity is less about a fake smile and more about resilience, determination, and finding solutions, even when things get tough. It’s about celebrating small successes, acknowledging issues, and then moving forward together to solve them. It’s about recognizing progress. It’s easy to focus on what’s not working, but we should also acknowledge the many things that are progressing and moving in the right direction. 𝗦𝗵𝗶𝗳𝘁𝗶𝗻𝗴 𝗼𝘂𝗿 𝗳𝗼𝗰𝘂𝘀 𝘁𝗼 𝘁𝗵𝗲 𝗽𝗼𝘀𝗶𝘁𝗶𝘃𝗲𝘀 𝗰𝗮𝗻 𝗹𝗶𝗳𝘁 𝗼𝘂𝗿 𝘀𝗽𝗶𝗿𝗶𝘁𝘀, 𝗲𝗻𝗵𝗮𝗻𝗰𝗲 𝗼𝘂𝗿 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲, 𝗮𝗻𝗱 𝗶𝗻𝘀𝗽𝗶𝗿𝗲 𝗼𝘂𝗿 𝘁𝗲𝗮𝗺𝘀 𝘁𝗼 𝗱𝗼 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲. And you? How do you stay focused on the positive side even in tough times? #Leadership #PositiveMindset #TeamImpact #Resilience #Authenticity #LeadershipChallenges #CelebrateSuccess #FocusOnProgress #Inspiration #TeamEngagement

30

6 commentaires

I had the privilege to share some of my thoughts along with Olivier Gergele on how #GenAI is disrupting the #Consumer industry with unprecedented opportunities to reshape firms' operations and enhance the overall consumer journey by enabling personalization of experiences and content for stronger consumer engagement, driving innovation and boosting employee productivity. We explore how human input remains very much at the core of the GenAI revolution to further nurture its applications in an ever evolving world, and a comprehensive governance strategy that manages potential risks is needed for effective adoption. https://lnkd.in/geCXT-hG

52

Very interesting article in Finascope (Nicolas Raulot). France, or at least the AMF, continues its efforts to enhance competitiveness. My colleague, Pierre-Yvan Gaubert highlights a pivotal move by the French regulator that strengthens Paris's appeal as a global financial hub. By aligning with European standards and removing restrictive over-regulation, French asset managers can now operate more competitively. "This update is a clear and a strong signal of Paris’s commitment to fostering a thriving asset management ecosystem." according to Pierre-Yvan Gaubert. With the AMF driving these reforms, Paris is positioning itself as a top destination for investment funds in an increasingly competitive European market. https://lnkd.in/ec3_xezU

18

Our experts Raphael Miolane, Senior Managing Director in Corporate Finance & Restructuring, and Michael Ovalles, Senior Managing Director in Business Transformation, Office of the CFO Solutions Practice, discussed the current trend of outsourcing & offshoring financial functions for global companies, during the AmCham France CFO Club virtual session. Here are the key insights of their discussion: ✔ The main factors for outsourcing are access to specialized skills and cost optimization. ✔ Ensuring effective integration and onboarding of new talent is essential in a competitive global environment ✔ High turnover rates in offshoring strategies require close attention ✔ There is a noticeable shift towards outsourcing knowledge-based tasks, which can highlight the value of specialized and strategic skills over purely transnational activities ✔ The new opportunities brought by Advanced Machine Learning & Artificial Intelligence. Thank you to AmCham France and all the participants for this wonderful session! #ExpertsWithImpact #Outsourcing #Offshoring #CFO

3

‘Everything Is Not Going to Be OK’ in Private Equity, Apollo’s Co-President Scott Kleinman Says : Fewer realizations and lower returns are on the horizon : private equity industry must face up to the reality of lower valuations : SuperReturn conference in Berlin “I’m here to tell you everything is not going to be ok” Funds are now holding on to these companies and will eventually have to refinance at higher rates : means “fewer realizations and lower returns” are on the horizon in the industry : dealmaking is poised to accelerate this year as buyout and private credit funds face pressure to return money to their investors : Apollo is one of the world’s largest alternative asset managers, investing across credit, equity and real estate : ended last year with $651 billion of assets under management, is targeting $1 trillion by 2026 

2

2 commentaires

Back to school or back to work, it's also time to tackle new challenges ! On my side, one of them is to take part to a marathon for the first time ! And not just any, but one of the European references (and, I have to admit it, one of the flatest) : Valencia Ciudad del Running which will take place on December 1st ! I can already hear some people : But why ? Why would you want to suffer for more than 42 kilometers ? Life is short, so : - Let's be daring ! - Let's get out of our comfort zones ! - Let's be ambitious ! - Let's make everyday an opportunity ! What's my main goal ? Well, there are several : - Firstly, of course : Finish the race - Enjoy this leap into the unknown  - Achieve the competition under 4h ? Under 3h30 ? Maybe less who knows ! Will you join me on the starting line on December 1st ? Other challenges in the pipeline on your side ? ...To Be continued...

52

8 commentaires

[#GrowingGlobal] The past few years have been challenging for the #technology and #telecommunications industries, but despite continued macroeconomic and global challenges, leaders within these sectors are reporting record optimism for revenue and expansion. In this article, Guillaume Devaux, Partner & Co-Head of Technology, media & telecommunications, Forvis Mazars Group highlights the essential steps to navigate future challenges and turn them into opportunities. Read more: https://lnkd.in/dZNheAFT #TechGrowth #TelecomLeadership #Innovation #SustainableGrowth

4

The Elysee Palace hosted last thursday the conference “No AI without Women : on the road to the AI action summit”, organized with Anne Bouverot France’s special envoy for AI, by Thaima Samman president of European Network for Women in Leadership (WIL Europe) and david lacombled president of La villa numeris . This event brought together an impressive lineup of speakers, including: Asma MHALLA author and associate researcher on Global Tech politics at EHESS Ysens de France, PhD , lecturer on AI at Panthéon Sorbonne Gaia Marcus FRSA director of the Ada Lovelace Institute Lucia Siolli, head of the EU AI office, European Commission Dara Treseder chief marketing officer at Autodesk Simona Paravani, CFA chief investment officer EMEA at BlackRock Delphine O ambassador, secretary general for the generation equality forum Guillaume Dubrule group chief digital and marketing officer at Rexel Dr. Sasha Luccioni AI & Climate lead at Hugging Face Joëlle Barral, research and engineering senior director at Google DeepMind Claire Biot, vice president, life sciences and healthcare industry, at Dassault Systèmes systems Thanks to the exceptional quality of the speakers and the meticulous organization, the conference was excellent. It provided fresh perspectives on key topics such as building responsible and sustainable AI systems, that drive tangible innovations and serve societal needs. During the conference, we had the privilege of presenting Anne Bouverot with the policy report on women in STEM, co-authored with UNESCO and produced for this year’s G20. The discussions reinforced the undeniable value of women’s contributions to these fields. With the steadfast commitment of France’s Special Envoy for AI to this cause, we are optimistic that the crucial topic of gender equality in tech will feature prominently at the AI Action Summit, set to take place in Paris in February 2025. We remain committed advancing this agenda into 2025, with recommendations and actions to enable equal involvement of women in tech, particularly in AI.

113

10 commentaires

“Is ELTIF 2.0. the key to the retailisation of Private Equity?” is definitely one of the questions we touched upon during the roundtable Frédéric Pérard from STP had the pleasure to co-moderate during the #LPEA Tech Day on 22 May, 2024. The main take-aways of this interesting discussion can be sumarized as follows: 1- Most ELTIF 2.0 new projects are open ended funds with potential high volumes of retail investors; 2- this implies more onboarding work, including AML / KYC and therefore more cost; 3- it also requires to address specific aspects like long lock-up period and the need for liquidity; 4- GPs need to adapt their fee structure to make them simpler and easier to manage; 5- ManCos and Asset Servicers need to get properly equipped to process a mix of bankable and non bankable assets, often held in very different systems… 6- Consequently, ELTIFs 2.0. seem promising but challenging. Let’s see the final RTS and their impact on the market. Thank you #LPEA for hosting this insightful event. For those of you interested in launching ELTIFs, talk to us if you current platform doesn’t fully meet the needs! #ELTIF, #Asset_management, #Asset_servicers, #ManCo, #GP, #LPEA

15

According to Aurore Amaudruz, Director of Markets at #RomandeEnergie, one of the most critical elements to build a strong #CompanyCulture and reinforce #SustainableValue, is “As a leader, the first rule in this industry is to #WalkTheTalk. You need to be a role model and close to the market – understanding how #people function, what are the triggers and constraints. ”. Read the interview to learn more: https://lnkd.in/dbXYt8Re

82

𝗧𝗵𝗲 𝗽𝗼𝘄𝗲𝗿 𝗼𝗳 𝗿𝗲𝗰𝗶𝗽𝗿𝗼𝗰𝗶𝘁𝘆: 𝗮𝗻 𝘂𝗻𝘀𝘂𝗻𝗴 𝗵𝗲𝗿𝗼 𝗶𝗻 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗿𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽𝘀 One of the best books I've ever read in business is Cialdini's "Influence: The Psychology of Persuasion" (a thank you to Andros P. for always recommending it to new joiners at Humatica). Among the 6 Principles, the Reciprocity Principle never ceases to amaze me with how it subtly shapes our interactions and behaviors. Picture this: I went out for dinner with three colleagues. We had a great time, and when the bill came, one colleague paid for everyone. Not just a courteous gesture, but a savvy move—stating, “Now we need to go out all together again!” He knew, perhaps subconsciously, that we'd feel the urge to reciprocate. And we’ll plan three more dinners, because each of us is eager to return the favor. This seemingly small act is a perfect example of how reciprocity works—connecting us personally and professionally. In business, it’s these little things that matter. Have you experienced the magic of reciprocity in your business dealings? I'd love to hear your stories! #Leadership #BusinessStrategy #StephenCovey #Reciprocity #Networking #Teamwork

13

Great opportunity to join my colleagues Andrea , Antoine and Bruce on this webcast tomorrow!!! AI (including Gen AI) has the potential to fundamentally advance a number of key strategy activities, including insight generation and market and trend monitoring. During this session, my colleagues, Bruce Delteil, Antoine Montard, and Andrea Tricoli, will discuss how strategy executives can leverage AI to test ideas faster and more effectively, and how it will require boosting rigor in managing data and creativity in using it. If you'd like to request an invite: https://lnkd.in/gmnKE9Bu #AI #GenAI #Strategy #McKinsey #McKinseyWebcast

5

Deloitte and #sustainability leaders shaping the future! The impacts of climate change and resources depletion are pushing companies to act and start building a competitive edge for tomorrow.  Recently, my partners from Deloitte Sustainability France and I shared insights with influential individuals driving change in their respective fields: ·        Gautier Quéru, Mirova : the contribution of finance sector to the regeneration of ecosystems ·        Julien Denormandie, SWEEP : the role of big data in the transition to more sustainable practices in the food chain ·        Pierre Slamich, Open Food Facts : building innovative consumer driven ecosystems fostering transparency in supply-chains ·        Philippe BOUCLY , France Hydrogène : the challenges of bringing to scale non-fossil energy sources Thanks a lot to all participants for an engaging discussion! #Sustainability #Leadership #Innovation Clarisse Lelong, Ywan Penvern, Olivier PERRIN, Romain Descout, Yannick Franc, Fanny Lange, Olivier Jan, Erwan Harscoet, Nicolas de Jenlis, Julien Rivals, Marc VAN CAENEGHEM

126

3 commentaires