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X @The Economist
The Economist· 2025-08-13 15:30
Consulting firms have long claimed to be “CEO factories”, but are their alumni any good at the top job? We’ve constructed an index to put their promise to the test https://t.co/4clJCsAguB https://t.co/Fao5JMrJkG ...
FTI Consulting Announces CFO Transition
Globenewswire· 2025-08-12 11:00
Mr. Sabherwal added, "I would like to thank Steve and the entire team at FTI Consulting for their support over the last nine years. I am proud of our success, and it has been an honor to work with such a talented group of dedicated professionals." About FTI Consulting FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 7,900 employees located in 32 countries and territories as of June 30, 2025. In certain jurisdictions, FTI Consulting's ser ...
X @The Economist
The Economist· 2025-08-11 21:00
As companies shift their attention towards AI as a means of transforming their businesses, they are looking to McKinsey and its fellow consultancies for help. But they are also turning to less conventional partners https://t.co/MugqRwzeyd ...
Global regulations driving norms in US pay transparency practices, most employers plan to share pay ranges with employees
Globenewswire· 2025-08-11 15:05
Core Insights - US companies are increasingly adopting pay transparency despite regulatory complexities introduced by recent executive orders and EU directives [1][2] - The 2025 Pay Transparency Survey by WTW indicates that 82% of US companies are communicating or planning to communicate individual pay ranges to employees, and 79% are doing the same for external candidates [2] Regulatory and Cultural Drivers - The shift towards pay transparency is driven by growing regulatory requirements (72%), company values and culture (44%), and employee expectations (41%) [2] - One-third (32%) of organizations have publicly shared a narrative on pay equity, with 20% doing so for pay transparency [3] Current Practices and Challenges - Less than half of employers share how individual base pay is determined, and even fewer convey how pay ranges are designed and managed [4] - Organizations anticipate that sharing pay ranges will lead to more questions about compensation from both managers (70%) and employees (68%) [5] Education and Metrics - Currently, organizations are more likely to educate senior leaders and managers on pay than employees, but they plan to increase employee education in the future [5] - Just over half (56%) of companies use metrics to measure the impact of pay transparency, with the adjusted gender pay gap being the most prevalent metric [6] Technology Adoption - Despite interest in pay transparency, most employers are not utilizing AI technology to support their pay programs, with only 15% planning to use AI for communication of pay information [7] - Barriers to AI adoption include data privacy concerns, compliance risks, and integration challenges with HR systems [7] Global Approach and Communication - Organizations are planning a global approach to pay program communication, necessitating a clear and consistent disclosure strategy [8] - Building employee trust and educating stakeholders are critical components of effective communication regarding pay transparency [8] Survey Details - The 2025 Pay Transparency Survey was conducted in June 2025, with 388 respondents from the US and 1,915 globally [9]
Invitation to BTS Q2 2025 presentation and conference call
Globenewswire· 2025-08-11 10:14
Company Overview - BTS Group AB is a leading global consultancy specializing in strategy execution, change, and people development, headquartered in Stockholm, Sweden [4] - The company has approximately 1,200 professionals across 38 offices on six continents, competing in talent and HR consulting as well as traditional consulting markets [4] - BTS has been focused on the people-side of change for over 35 years, utilizing proprietary simulation, learning, coaching, and assessment methodologies [4] Upcoming Events - BTS Group AB will present its Q2 2025 interim report on August 22, 2025, at 09:00 am CEST, led by CEO Jessica Skon [1] - The report will be published at 07:00 am CEST on the same day, and a conference call will be available for participants [3] - Investors and analysts can participate via webcast or register for a verbal Q&A session [2][3] Stock Information - BTS is a public company listed on the Nasdaq Stockholm exchange under the symbol BTS B [5]
X @The Economist
The Economist· 2025-08-09 21:20
To remain relevant in the AI age, consulting firms need to adapt. This means rethinking whom they hire and how they nurture them https://t.co/8EI5gT46QT ...
X @The Economist
The Economist· 2025-08-09 01:40
Industry Trend - Consulting industry faces the need for transformation [1]
X @The Economist
The Economist· 2025-08-08 13:40
Over the decades consultants have proved their worth, and not just because their clients are lazy, incompetent or scared of making difficult decisions. Now, though, the industry is heading for disruption https://t.co/Crl1emiXl7 ...
X @The Economist
The Economist· 2025-08-07 19:40
Industry Transformation - Consulting firms need an extensive overhaul to thrive in the age of AI [1] - This overhaul requires humility, which is a challenge for many in the industry [1]
X @The Economist
The Economist· 2025-08-07 16:30
Consulting firms have long claimed to be “CEO factories”, but are their alumni any good at the top job? We’ve constructed an index to put their promise to the test https://t.co/1jSldvzlMY ...