Name: Counting the Cost of Consumer Inflation
Start: 2023-03-09T16:00:00Z
End: 2023-03-09T16:00:43.000Z
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?”. 

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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

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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