AI is driving McKinsey’s business model and talent overhaul Prof Services McKinsey & Company’s business model is changing to prioritise performance-based pay, a shift largely driven by the impact of AI, City AM understands. The Big Three consulting giant has told senior staff it plans to overhaul its remuneration structure for partners, with more of their pay potentially coming in the form of equity in the US-headquartered partnership. [...]
Chief executives blame sleepless nights on their own senior team Business An angry board, a languid share price, mutiny in the junior ranks. All things you would expect the fiduciary-responsibility-bound chief executives of major listed companies to worry about. But new research suggests bosses at the helm of the world’s largest firms have a more immediate source of sleepless nights: their own leadership team. According to [...]
Dubai’s economic dynamism will help it withstand Iran conflict Opinion The UAE has attracted businesses and citizens by offering both clarity and tax competitiveness. With a growing, agile economy it may now prove more resilient than Britain to the crisis in its own backyard, says Brandon Lewis Much attention and some mockery has been piled on the plight of British citizens currently under fire in [...]
Top management consultancies don’t make things any better, clients say August 19, 2024 Drafting in a "big three" consultancy firm to help with corporate projects often has no positive effect, a survey of former clients has found.
Fintechs set for ‘substantial uptick’ in stock market listings as UK investment rebounds June 26, 2024 The fintech market is primed for a “substantial uptick” in IPO activity, according to Boston Consulting Group, as investor sentiment around UK start-ups rebounds after a bruising 2023.
London may be the top talent spot now, but Dubai and New York are hot on its tails May 5, 2024 London has come out on top as the most attractive spot for talent in the world, but its crown can easily slip, Nick South writes.
London’s reign as most desirable city for work enters tenth year in boost for Square Mile April 24, 2024 London has held on to its crown as the world's most desirable city for work, according to a major study, in a boost for the Square Mile's reputation as a global financial hub.