Name: How Inflation is Impacting Consumer Behavior
Start: 2022-08-02T18:00:00Z
End: 2022-08-02T18:01:00.000Z
Location: BrightTALK
Rating: 5

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Rising inflation is hitting companies hard, impacting their bottom line as they struggle to pass on its full effect by raising their own prices and to compensate this loss by productivity gains on direct costs. Adding to their wows, the rapidly rising cost of debt and the financial demands of energy and digital transitions stretch corporate cash flows to breaking point. Our recent survey results paint a gloomy picture, but help is at hand with clear strategies to reduce indirect costs. 

Join head of our European Organisation & Performance practice Jean-Philippe Grosmaitre, and partner Philip Roux for a lively and informative discussion covering the factors at play and ways to tackle the impact of inflation head-on.

What you will learn:
• What strategies to adopt to reduce indirect costs and overcome inflationary pressure
• How to reengineer processes to deliver 10-15% tangible savings 
• How these savings can be multiplied through digitalisation
• Why embedding and creating buy-in for these strategies is critical for success

Who should attend:
• General managers and CFO’s tasked with tackling cost rises
• Business strategy specialists looking for new ways to concretely solve inflationary issues
• Operating partners in Private Equity firms searching for better value in their investments

Mitigating the Impact of Inflation: Cost-Cutting Strategies for Businesses

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Are you ready to catch the wave? Digital solutions took centre stage when Covid-19 forced companies to invest in aligning virtual workforces and find new ways to engage with customers. Post-pandemic, an interest in greater flexibility continues – this makes the need for a clear digital vision and strategy a business priority. 

Join L.E.K.’s panel of experts Klaus Boehncke, Sheila Shah, Arnaud Bauer and Monish Rajpal to hear insights from L.E.K.’s global survey and learn how to prepare your business for a successful digital future. Unmissable insight for any Healthcare or Life Sciences company looking to plot a successful path towards a digital future. We answer the pressing question of “what does digital readiness mean for healthcare companies?”. 

‘Even for companies with a digital strategy in place, our research findings show multiple areas including digital governance, operations, infrastructure, and customer experience, where there are gaps to fill and improvements to be made. The L.E.K. Digital Excellence Framework is designed to assess digital readiness in depth, highlighting challenges and prioritising strategies to overcome them.’ Klaus Boehncke, Digital Health Lead, Munich

What will you learn:
• The levels of digital readiness across the Healthcare and Life Sciences sector
• Why digital strategies are essential for every company across the sector
• How to benchmark your business against competitors
• How to create your pathway for digital strategy and support digital innovation opportunities
• Detailed survey findings and insights from companies already pioneering in their field

Who should attend:
• Business leaders looking to maintain their competitive advantage
• CTOs charged with digital transformation in their business
• Private Equity investors interested in understanding the potential for digital transformation in the sector
• Anyone looking for new ways to engage customers and employees

Digital Excellence in Healthcare and Life Sciences: Riding the Innovation Wave

With inflation at a 40-year high, consumers are modifying how they shop and what they buy. What does this mean for food and beverage producers, and what strategies should they weigh as they adapt to these changing behaviors? Join us for a deep dive into what the data says about the direction consumers are taking.

How Inflation is Impacting Consumer Behavior

Inflation

Food

Beverage

Grocery

Consumer Services

Consumer Products

Convenience Food

Department Stores

Shopping

Superstores

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How Inflation is Impacting Consumer Behavior

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