Executive Insights

Healthcare Spotlight | August 23, 2017 | By: L.E.K. Consulting 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.

Volume XIX, Issue 52 | August 15, 2017 | By: Chris Randall, Jon Weber Operational inefficiencies in a consumer organization Identifying complexity in a retail organization

It’s no secret that traditional brands and retailers are under siege. Consumer behavior is changing rapidly. Low- and off-price players are moving in. Labor costs are on the rise, while consumers are moving their spend online — and away from tangible goods. This Executive Insights is about how brands and retailers can operate in the kind of environment we have today.

Analysis 2 | August 8, 2017 | By: Rob Wilson, Jon Weber, Dan McKone U.S. grocers: increased focus on high-quality fresh prepared foods Fresh prepared foods comprises five categories Which trends are contributing to strong growth in the U.S.? Most retailers are underpenetrated in fresh prepared foods Fresh prepared foods expected to continue stealing shelf space Retailers struggle with consistency in a patchwork supply network Rapid growth with continued upside opportunities

This Executive Insights profiles the high-growth category of fresh prepared foods and why retailers and suppliers alike can expect to find significant opportunities in this market for years to come.

Volume XIX, Issue 51 | August 3, 2017 | By: Tom Diplock, Peter Walter Catalysts of advanced analytics growth in industrials Areas of benefit for advanced analytics The four components of an advanced analytics strategy Prioritization matrix

In this Executive Insights Tom Diplock, Peter Walter and Harpreet Singh explain how industrial companies can leverage their data and new analytical possibilities to seize the advanced analytics opportunity, and set out four key building blocks to ensure they create the right strategy.

Volume XIX, Issue 50 | July 28, 2017 | By: Robert Haslehurst Millennial consumer segments Average annual dollar spend by retail product category and millennial segment Annual frequency of purchases for household by category and generation Top words respondents use to describe brand authenticity Social media usage by generation

Consumers are a moving target, powered by major generational shifts. Retailers that ignore generational change risk obsolescence. Recently, L.E.K. Consulting surveyed more than 3,800 Americans, including roughly 2,200 Millennials aged 18 to 34, about their shopping preferences. This Executive Insights delves into important insights on how retailers can win the generation game.

Volume XIX, Issue 49 | July 27, 2017 | By: Ashish Khanna, Simon Barrett, Karin von Kienlin, Francois Mallette Key provider categories emerging in the new mobility paradigm Age cohorts as a proportion of the population Price and service attributes of different transport modes Greater London Transportation Economics Usage of ride-share propositions by age cohort Estimated cost to user by transport mode

New mobility is a brave and exciting opportunity with a significant financial prize. In this Executive Insights, L.E.K. Partners Ashish Khanna and Simon Barrett identify the key provider categories emerging in the new mobility paradigm and highlight the critical success factors as they seek to create commercially viable operations.    

Volume XIX, Issue 48 | July 26, 2017 | By: Rob Wilson, Maria Steingoltz Estimated U.S. meal kit delivery market (2016) Percentage of customers still ordering Top reasons why a former meal kit company customer decided to discontinue

Meal kits have emerged as one of the hottest topics among food and beverage executives. That’s because in the past few years, more than 150 companies have jumped into the meal kit game in the U.S. Industry leaders include Blue Apron, Plated, Home Chef and HelloFresh, followed by a long line of specialized and regional players. This Executive Insights examines multiple factors affecting the evolving the meal kit industry and why a shakeout is likely.

Volume XIX, Issue 47 | July 14, 2017 | By: Peter Ward

In this Executive Insights, L.E.K. London Partner Peter Ward discusses why, nearly one year after Brexit , UK based international financial services firms are planning for the worst but still hoping for the best. Brexit has wounded the City of London, but negotiations have a long way to run and the smart money will keep its options as open as possible.

Volume XIX, Issue 46 | July 13, 2017 | By: Chris Kenney, Matt Korsch Advantages of focusing on an edge mindset

One common theme that we hear as we speak to executives industrial companies is the enormous challenge they face in achieving growth. This Executive Insights examines how industrial companies can employ an Edge Strategy® mindset to create incremental profits by presenting customers with additional offers that surround the core product or service that defines their business.