How Business Should Combat Climate Change in Four Phases of Decarbonization With each passing year, the effects of climate change become harder to deny—or overcome. Many business leaders have reached an overwhelming consensus. In a 2021 Deloitte global survey, 89% of executives said they believe a global climate emergency is underway. And while 88% believe…
Having been deeply disrupted by the pandemic and forced to make abrupt and major changes under significant pressure, many people have reevaluated their priorities and are now making changes of their own choosing: Where to work and for whom, where to live, whether to return to the office or continue working remotely, how to accommodate…
The traditional model of the leader-hero who saves the day, knows it all, is the smartest person in the room, and is too often driven by power, fame, glory, or money is not appropriate in today’s environment. People today expect a different kind of leader. While each company needs to define its own leadership point…
Leaders too often misinterpret empirical patterns and miss opportunities to engage in data-driven thinking. To better leverage data, leaders need to understand the types of problems data can help solve as well as the difference between those problems that can be solved with improved prediction and those that can be solved with a better understanding…
Many large original equipment manufacturers (OEMs) have long been ruthless with their suppliers, demanding extremely low prices and loading them up with risks. Given that the current turmoil buffeting global supply chains is unlikely to end anytime soon, OEMs should reconsider their supplier policies. They include moving beyond their transactional behavior and treating suppliers more…
The buyout would be the biggest ever of its kind in EuropeITALIAN HIGH finance usually starts winding down for the year in the first week of December when Milan, the country’s business capital, celebrates Ambrose, its patron saint. Not so this year. Over the weekend a new dossier dropped into the in-tray of Mario Draghi,…
Even as America and China have turned inwards, interdependency remains the dominant themeIF YOU WANT to understand how Asia’s view of the world order has changed, consider the remarks of Lee Hsien Loong, Singapore’s prime minister. Asked recently if China was rising and the United States was declining, he replied in a qualified way: “If…
High staff churn is here to stay. Retention strategies require a rethinkIN THE NOT-SO-DISTANT past, bosses did not have to worry as much about their workforces. Newcomers could absorb the corporate culture osmotically. Workers’ families were invisible, not constantly interrupting Zoom calls. Employees had a job, not a voice. Now firms have to “be intentional”…
April 05, 2022 Randall Peterson, founding director of the Leadership Institute at London Business School, studies coworker dynamics. He says lately, the idea of head-to-head competition for advancement has gone out of style in favor of a more cooperative ideal. In reality, he says, interpersonal relationships at work can be both. Sometimes you cooperate closely…
April 05, 2022 Pixel, started in 2014, helps facilitate open talent and crowdsourcing for Deloitte Consulting client engagements, to access specific expertise, collaborate to develop new products and insights, and to design, build, and test new digital assets. But while some of Deloitte’s principals are avid users of Pixel’s services, uptake across the organization has…