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Executive Insights

Volume XIX, Issue 61 | October 12, 2017 | By: Maria Steingoltz, Alex Evans Personalized beauty is at the convergence of four major trends Next-generation personalized beauty market

The cluttered field of health and beauty products has a new kid on the block: personalized beauty. This emerging area offers an alternative to “one size fits all” offerings. Players in this space use information gathered on a person’s genetic composition and lifestyle choices to design products that best meet the customer’s specific needs.

Volume XIX, Issue 60 | September 20, 2017 | By: Eric Navales The evolution of a sales model Potential responses to the impact of disruptive technology

U.S. industrials have been facing a number of challenges over the past year and a half, resulting in slow end-market growth. They are also grappling with evolving value chain dynamics, a continuing stream of new technologies, and uncertainty about some of the regulatory and policy moves of the new administration. Where should U.S. companies be focusing their efforts?

Volume XIX, Issue 59 | September 19, 2017 | By: Dan McKone, Alan Lewis Luxury encompasses three addressable consumer segments Luxury travel has become a more inclusive aspiration Millennials are increasingly the drivers behind luxury demand

Not long ago “traveling in style” simply meant first-class transportation, plush accommodations, and dining nightly at five-star restaurants. It was an aspiration that few could ever hope to achieve. But according to the L.E.K. 2017 Luxury Travel Study — a survey of nearly two thousand U.S. travelers — that has begun to change.

Volume XIX, Issue 58 | September 18, 2017 | By: Robert Haslehurst, Alan Lewis SAE International’s definitions of automation levels for on-road vehicles The pace of auto OEM autonomy patent filing is exploding Two business models emerging to develop and commercialize a fully autonomous vehicle Alphabet’s (Google) Waymo has the clear lead among tech players Alphabet / Waymo’s cars are self-driving more successfully so far GM and Ford have committed to developing autonomous vehicles

There’s no doubt that over the long term, autonomous vehicles (better known as self-driving cars), combined with electrification and shared mobility, will have a massive impact on society. This Executive Insights examines three key challenges to commercializing the first fully self-driving vehicle.

Volume XIX, Issue 57 | September 11, 2017 | By: Peter Ward, Diogo Silva Willingness of UK people to allow access to their banking data Key steps to developing a winning strategy

In this Executive Insights, L.E.K. explores the substantial opportunities in open banking for banks of all types and size. There could be transformational wins for astute challenger banks, while for incumbent large banks there is huge potential for renewed relevance and customer-centricity.

Volume XIX, Issue 56 | August 31, 2017 | By: Simon Horan, Tim McGrath Residential solar PV annual installations Battery payback period Payback — adding a battery to an existing solar PV system

Australia is currently in the midst of an energy system crisis. Energy prices are growing for consumers and businesses at the same time market operators are contending with old infrastructure, demand fluctuations from extreme weather conditions and looming agreed emission targets. As governments and market operators think about the National Energy Market (NEM) and future policy, they must consider how their settings affect market development – both intended and unintended.

Volume XIX, Issue 55 | August 28, 2017 | By: Peter Smith Portfolio review framework Good SGI fit with core capabilities creates competitive advantage and synergy Edge Strategy thinking provides a framework for customer research Identifying growth opportunities from foundational assets Growth strategy planning process Source: DILBERT © Scott Adams. Used by permission of ANDREWS MCMEEL SYNDICATION. All rights reserved. Three phases to developing a future state vision Identifying potential opportunities from disruptive technology

Almost every CEO on the planet would list growth as one of the highest priorities on his or her agenda. The reasons are not hard to find. However, not all growth is good growth and in some cases, the battle to expand can result in value destruction. In this Executive Insights, L.E.K. Partner Peter Smith explores 10 simple steps that, taken together, offer a proven way to uncover good growth opportunities.

Volume XIX, Issue 54 | August 24, 2017 | By: Clare Chatfield, Jean-Christophe Coulot Average cost of lithium-ion batteries (2010-20e)

Energy storage is high on executive agendas, but beyond all the hype what is the reality? In this Executive Insights, Clare Chatfield and Jean-Christophe Coulot set out five key considerations for use as a tool to create a successful business in the energy storage sector.

Healthcare Spotlight | August 23, 2017 | By: Kevin Grabenstatter States of chronic pain Intermountain total patients by type and variable cost* by patient type (2014) Average total costs incurred* for pain vs. no-pain patients among DRG** and ICD9^ procedure codes (2014)

The CDC estimates that nearly 80 people die of opioid overdose each day in the United States. Opioid overuse is a critical issue, and the need for interventions is becoming an urgent priority for many health systems. In this Executive Insights, we review how L.E.K. Consulting worked with Utah-based Intermountain Healthcare to develop a comprehensive pain management strategy.

Volume XIX, Issue 53 | August 16, 2017 | By: Harsha Madannavar, Todd Clark, Joseph Johnson

Most data-driven healthcare IT (HCIT) providers aren’t going to survive. Their business models are at serious risk of failure in the next three to five years. To beat those odds, they need to evolve dramatically, and fast, to a point where they are not selling data at all. This Executive Insights examines ways that data providers are making the move from data provider to data analytics services.

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