CEOs On Leading Through This Unusual Moment And More

Now You KnOW features quick insightful takes on the issues of the day that matter most to you.    

Weekend must read 

With the stock market at record levels and the US economy outperforming most others, it may seem like the boom times of the 1990s are returning. However, today’s business conditions are significantly different. To generate ‘alpha,’ or managerial outperformance, CEOs must balance growth and efficiency, revamp supply chains to manage global risks, modernize workforce strategies, and harmonize competing priorities in an era of technological, demographic, and social upheaval. We explore this in a joint report by the Oliver Wyman Forum and New York Stock Exchange, based on a survey of 100 CEOs of NYSE-listed companies.  

Did you know? 

86% of Singaporeans use AI at work, surpassing the global average of 80% 

In February 2024, the government announced a S$1 billion investment blueprint to attract organizations developing artificial intelligence (AI) solutions, securing powerful computing chips, and driving AI adoption. However, work-related anxiety among Singaporeans must be addressed for Singapore to become an AI capital. 

Industry briefing 

Healthcare’s cyberattack fallout: The 2024 Change Healthcare cyberattack disrupted operations and highlighted cybersecurity risks in healthcare. As the sector progresses, addressing these vulnerabilities and strengthening cybersecurity measures to protect patient care and data integrity will be crucial. 

A bolder plan for capital markets: How will Europe fund the huge sums needed to invest in energy transition, digital infrastructure, and defense? Despite a vast €33 trillion pool of savings, Europe’s captial markets are underdeveloped, and its banking sector is too small to handle the growing capital expenditure demands. To address the investment conundrums, deeper capital markets are needed. 

Corporate scoop 

Distressed supplier turnarounds: Over the past three years, more than 150 distressed suppliers of machinery, equipment, components, and parts have filed for bankruptcy, with many others either restructured or liquidated through an out-of-court process. This underscores the importance of successful turnaround efforts. Throughout our restructuring engagements, we’ve identified several levers for success. 

Boosting modern marketing: Whether you’re a marketing leader at a large organization seeking to modernize operations or at a private equity-owned portfolio company aiming to “do more with less,” generative artificial intelligence (AI) can offer significant value when structured properly around the right use cases. Here, we cover three primary areas where leaders can better leverage generative AI to enable personalization at scale and drive more modern marketing in their businesses. 

Oliver Wyman in the news 

Financial Times: Europe needs a bolder plan for capital markets

Yahoo! Finance: CEOs of NYSE-listed companies embrace AI as top growth opportunity in the current environment, Oliver Wyman Forum study finds

More insights 

Turning climate intent into action 

Leading in the age of acceleration 

Harnessing risk and economic disruption