Oxford Economics & Control Risks provide risk analysis

14 October 2015 Consultancy.uk

Oxford Economics and Control Risks have jointly released a subscription based tool to provide businesses around the world with clear risk profiles for 164 countries. The solution provides a clear visualisation of the risks companies need to be aware of and is up-dated as economic and political events develop.

The world is facing considerable uncertainty, from conflicts in the Middle East to macroeconomic conditions affecting the flow of finance. China’s recent slump and the political turmoil as the government stepped in to resolve the issues highlight the relationship between politics and economic activity. Businesses operating in a wide range of jurisdictions may not be fully aware of the risks involved in their operations from conflicts and politics. To stay slightly ahead of the game, businesses are looking for risk analysis that provides them with an oversight of current and potential risks within different business environments around the world.

To provide businesses with such a service, provider of risk consulting services Control Risks* and Oxford Economics** decided to launch a risk analysis tool. The joint venture will provide a framework to model and forecast the geopolitical risk factors within 164 countries around the world. The information is provided to clients through advanced visualisation tools, and updated regularly in the face of emerging threats and economic profiles. The tool will be provided on a subscription basis and leverages the joint research capabilities of the two firms to provide a fuller picture of potential threats.

Customised solutions

Commenting on the tool, Richard Fenning, CEO of Controls Risks, says: “By combining the political acumen of Control Risks’ worldwide network of specialists with the analytical expertise of Oxford Economics’ unparalleled team of economists, we are able to provide the timely political and economic insights that companies need to succeed in today's complex marketplace.”

Adrian Cooper, CEO of Oxford Economics, adds: “Understanding the inter-linkages between economic and political risks is of critical importance to our clients, and we are proud to have collaborated with Control Risks to produce a service that will provide the basis for more informed decisions.”

* Control Risks was founded in 1975, and is headquartered in London. The firm focuses predominantly on political, integrity and security risk.

** Oxford Economics was founded in 1981 by Oxford University’s business school.  It is a commercial venture that provides economic forecasting and modelling to UK companies and financial institutions expanding abroad.

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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.”