Oliver Wyman partner of FT Live strategic forum in GCC

19 March 2015 Consultancy.uk

Today the strategic forum ‘Establishing a Silicon Valley in Today’s GCC’ takes place in Dubai. Dozens of senior public and private sector decision-makers from a variety of industries will attend the event to discuss how the GCC can navigate towards a future centered around heightened entrepreneurship, innovation and employment. Global consulting firm Oliver Wyman acts as main sponsor of the event, and in addition will provide a contribution to the agenda.

On the back of rapid economic growth, GCC countries have in the past two decades grown to become major economies in the region, and in a number of industries, even major players at a global scale. Dubai for instance has developed its aviation industry into one of the top five global hubs, with estimated revenues of $26.7 billion, which account for roughly 27% of Dubai’s total GDP. At the same time the sector’s impressive growth – by 2030 the economy-wide contribution of aviation is forecasted to grow to a staggering 40% – has its dangers, with over focus and industrial concentration the key risks. The same applies for other countries and sectors, with oil the key example, accounting for 55% of Saudi Arabia’s GDP and 11% of Bahrain’s GDP.

Dubai Downtown

With this in mind, GCC policy makers have set the ambition to pursue an economic diversification agenda, aimed at shifting their economies towards a future less dependent on energy and more reliant on technology and ideas. Pillars that are envisaged to bolster the GCC’s future competitive position include education, the creation of centres of innovation and entrepreneurship, and a state-of-the art infrastructure.

To support policy makers with their plans, The Financial Times and Oliver Wyman have decided to join forces and organise a strategic summit in the region. The event, titled ‘Establishing a Silicon Valley in Today’s GCC’, kick-off today at 08:45 in The Grosvenor House, Dubai, and hosts several keynotes, in-depth interviews and interactive panel discussions. Ten speakers will contribute to the event, chaired by FT editor James Kynge, including two partner from Oliver Wyman, the event’s main sponsor: Javier Baigorri and Pedro Oliveira.

Javier Baigorri, Pedro Oliveira and James Kynge

Baigorri joined Oliver Wyman in 2006, through the acquisition of the telecommunications practice of DiamondCluster, which he led for five years. At the consulting firm, he leads the International business (all countries except North America) and consults clients on among others corporate strategy and organisation, sales and marketing, M&A, and technology adoption. Dubai-based Oliveira is the Middle East & Africa Region Head for Oliver Wyman. His work focuses on three main areas: operations improvement (commercial and operational), strategy definition and implementation, and cost optimisation. Oliveira is also CEO and a Board member of TICG, a joint venture between Oliver Wyman, the Kuwait Investment Authority, and the Kuwait Fund for Arab Economic Development.

GCC = Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE.


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Grey Consulting and Makerversity announce strategic partnership

05 April 2019 Consultancy.uk

Grey Consulting has forged a new alliance with Makerversity, a 500-strong community of the brightest creative innovators, headquartered at Somerset House, London. The partnership hopes to tap into the experimental community to develop pioneering solutions for Grey Consulting’s clients.

In August 2018, one of the world’s largest design agencies surprised the business world by launching a dedicated consulting outfit. The news came as the two industries continued on their trajectory towards a historic synthesis. The consulting industry has been engaged in a pitched battle with the advertising and design space for the past few years, as the former increasingly encroaches on the territory of the latter via a protracted campaign of mergers and acquisitions; but there had been little traffic moving in the other direction.

At its launch, Grey Consulting was not billed as a direct competitor to established consultancies. However, the firm behind the new entity hopes that its creative experience will give it a competitive edge in winning consulting business from its existing clients. The Grey Group is a global advertising and marketing agency with headquarters in New York City, and 432 offices in 96 countries, operating in 154 cities. Grey Consulting opened its doors with a view to aiding clients within the areas of business and brand design, innovation and digital transformations.Grey Consulting and Makerversity announce strategic partnership

Now, as the firm looks to further expand its footprint in the market, Grey Consulting has unveiled details of a ground-breaking new alliance with Makerversity, a 500-strong community of creative innovators headquartered at Somerset House, London. The alignment with Makerversity is hoped to unlock the potential of collaborating with one of the world’s most experimental communities.

Makerversity curates and convenes the best talent across product design, fashion, art and experimental architecture, sustainable materials, IoT, digital manufacturing, and coding. It provides spaces and workshops for professional makers to develop and create their work, supported by Somerset House Trust. The alliance is expected to enable Grey Consulting to develop pioneering solutions for its clients, together with innovators who make something amazing for a living, every day. 

Leo Rayman, Grey Consulting CEO, commented, “This gives our clients the potential to access a network of some of the most diverse and innovative individuals in the world today. Being so tightly connected to a community of makers means we don’t just develop transformational strategies but can quickly realise them in three dimensions. This sets Grey Consulting apart from the pure play strategy houses who are sometimes criticised for not making their thinking real at the pace modern businesses require.” 

Fiona Dent, CEO of Makerversity, added, “Makerversity acts as a catalyst for unexpected encounters, fostering collaborations between an incredible range of the brightest leading creators and innovators. Our experimental approach and engaged members, whose own practice is defining our world, create highly original new outcomes. We are delighted to bring this philosophy to a wider audience and generate interesting projects for Makerversity members through our partnership with Grey Consulting.”