Name: Counting the Cost of Consumer Inflation
Start: 2023-03-09T16:00:00Z
End: 2023-03-09T16:00:43.000Z
Location: BrightTALK
Rating: 5

We combine deep expertise with rigorous analysis to help business leaders navigate their markets, make the most of opportunities, and deliver better returns. Some of the world’s most sophisticated, innovative, and successful organisations choose us to help them maximise their potential. Visit us online at lek.com and follow us on Twitter, Facebook, LinkedIn and Instagram to meet more of our talented team and learn about the challenges we are helping clients overcome.

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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

Ideas for consumer businesses in a cost-of-living crisis.

With the latest Bank of England forecasts predicting continued negative year-on-year GDP and a year of negative growth for household spending, how can consumer businesses weather the storm ahead? Understanding the latest data and how trends are impacting your markets is a commercial essential. Knowing how to turn insights into a successful strategy could be the difference between business failure and survival. This welcome update on our consumer research examines data from the end of 2022 and looks ahead to a year of challenges and opportunities. 

What will you learn:
• New insights into consumer buying behaviour for 2023
• Strategies to mitigate the impact of high inflation
• What the implications are of falling channel spend
• How to identify new marketing and sales opportunities

Who should attend:
• Leaders of consumer facing businesses
• Marketing professionals looking to understand the changing consumer landscape
• Brand managers, commercial directors, and sales & marketing leaders
• Private equity investors and M&A professionals

Counting the Cost of Consumer Inflation

Consumer

Inflation

Pricing

Strategic Marketing

Product Management

consuer insights

consumer demand

consumer behaviour

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Counting the Cost of Consumer Inflation

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