The Emergence of Consumer Retailers in the Healthcare Sector
L.E.K. helps companies rethink their priorities and what they want to achieve amid a fast-changing business environment. From talent retention to sustainability goals and breakthrough technologies, we work with clients to narrow the range of uncertainty and get to a pivotal decision that touches off the next phase of growth.
Consumer-facing businesses contend with a complex array of challenges and disruptive market forces. Retailers see increasing ecommerce penetration. The changing channel landscape is forcing consumer brands to restructure their go-to-market strategies. Media and entertainment companies need better ways to engage with today’s digital consumer. And travel and transport companies must keep pace with customers’ evolving purchase behavior. In short, achieving growth and profitability is harder than ever.
Industrial companies continue to play a critical role in the economic development across all major regions. Yet, executives face difficult challenges marked by slow manufacturing growth, the effects of disruptive technologies, and the power of the digital economy, all of which are transforming many sectors and causing companies to rethink their traditional business models. New competitors and participants present a number of opportunities and challenges, but both will require agile strategic responses.
The dynamic and dramatic changes affecting the global healthcare market puts enormous pressure and tremendous opportunity into the hands of medical professionals, insurance executives, pharmaceutical leaders and medical device experts who all share a common goal of improving healthcare outcomes but also face extraordinary challenges in an increasingly value-based, consumer-centric and cost-conscious environment.