To meet the economic and social challenges of the citizenry around the world, governments must transform the way they think, organize, and execute. We help federal, state, and local governments improve their efficiency and effectiveness, enabling those to better fulfill their missions to the public sector. We help design and implement large-scale strategies that promote economic development and inclusive growth. We offer global experience and relationships, a network of talented people, distinctive expertise and capabilities, and sustainable purpose-built methodologies.
We help governments and public-sector organizations design and implement large-scale strategies that promote economic development and inclusive growth.
Our global research on budgeting and tax administration is informed by insights from our network of leading public finance experts and helps government agencies measure their performance, understand best practices, and take action to achieve monetary health.
As part of our responsibilities to our shareholders and clients, we advocate for public policies that we believe are in our shareholders’ and clients’ long-term best interests. We engage in issues and participate in market-level dialogue to contribute to the development of policies and practices that support stewardship, long-term investing and value creation.
Global Economic Governance. We partner with businesses, communities, non-profit organizations, and government leaders to achieve higher lifecycle returns for their capital projects, in less time and with greater predictability, by moving from traditional activity-focused program management to a project management approach for end-to-end delivery strategy.
Working with senior leaders, we help public-sector organizations set a vision for strategic outcomes, build a robust fact base, rigorously assess options, design an actionable plan, win support from key stakeholders, and evaluate progress from design through execution to ensure that strategies have lasting impact. Drawing on insights from the private sector and decades of public-sector work, we support clients on a range of strategic topics, including identifying social, economic, and technology trends; synchronizing budgeting and strategic-planning processes; designing stakeholder-engagement plans; and creating innovation programs at scale.
Merchants of Wall Street. Market-risk management has become a boardroom priority, not only for institutions—which must carefully consider market risk when managing their trading positions and funding their balance sheets—but also for corporations, which are exposed to commodity-price volatility and fluctuations in foreign-exchange rates. The recent economic downturn highlighted the degree to which company earnings are vulnerable to market volatility. We assess the impact of regulatory changes on market-risk-management practices, and we support clients in building tools and approaches as they adjust to regulatory requirements.
We help private companies and public sector organizations make better and more informed strategic decisions through a deeper understanding of the evolution of industrial power markets; and technological developments. Supported by experts in technology and capital markets, our teams work closely with clients to develop and interpret scenarios, benchmark performance against industry peers, and strengthen capabilities for managing uncertainty.
Cyber-Security and Critical National Infrastructure. At a time when public finances are under strain, governments must deliver new services and improve existing ones, while operating more efficiently and with greater transparency. Technology is at the core of addressing these challenges. From big data to mobile and social media, the 21st century has ushered in a variety of innovative technologies that can help governments better serve their constituents. Our clients are looking for new ideas, new products, and new systems at scale—and they want to build the capabilities to deliver on these, while creating a lasting competitive advantage in digital. We complement our rigorous problem solving with cutting-edge digital tools and user-centric design thinking.
From Hardware to Software. The organizations we work with are complex. Our clients are seeking solutions that break down silos, bridge the gap between systems, and consider all of the elements that contribute to the challenges they face. Only a few are looking for stand-alone solutions that work independently of the enterprise. Furthermore, organizations are seeking solutions that are proven to positively impact their outcomes. Building capabilities translates directly into performance improvements on the individual and organizational level. Our approach includes building targeted capabilities and then guiding individuals to translate what they have learned into their daily work processes to solve business problems more effectively.
We have deep functional and industry expertise as well as breadth of geographical reach. Our work is founded on a rigorous understanding of every client’s institutional context, sector dynamics, and macroeconomic environment. Our investment in knowledge also helps advance the practice of management. We publish our findings extensively, and we engage with leading thinkers on the most pressing issues facing our clients and society. Our sophisticated portfolio of capabilities includes custom analytics, diagnostics and benchmarking, world-class expertise and research, and cutting-edge project management tools.
Architecture, Engineering and Interior Design. As a discipline, design is more than pleasing the eye. Design thinking is a disciplined way to interrogate data, behavior, and preferences to find the gaps between what exists today and what customers would value even more highly. It’s the heart of a holistic approach to deeply understanding customers in order to better meet their needs. This kind of analysis is a necessary foundation to make a creative leap that results in something entirely new. We combine rigorous analytics, inspired creative teams, and deep functional and industry expertise to deliver rapid growth for our clients and create value for their customers.
Integrated Design-Build Delivery. Offering everything from a single contract source requires intense cooperation among our contracting divisions. Our team includes a diverse group of leaders in architecture, engineering, construction, scheduling, field supervision and estimating, to name a few. Our approach weaves thoughtful user interactions executed across multiple integrated channels with a variety of technological, operational and spatial considerations. We use tools like ethnography, the study of analogous industries, journey mapping and rapid prototyping to connect organizations to the broader context of those they serve.
Building Smart and Affordable Real-Estate. Smart development and financing can make the difference between a successful project and one that falls short. Our project-development work is focused on helping to bridge the current gap between infrastructure investment and needs by convening the right parties and working collaboratively to establish viable, bankable infrastructure projects. We support project development, value improvement, procurement and contracting, project execution, and distressed project turnarounds.
Venture-Capital and Asset Management. We bring a combination of project-development, design, engineering, construction, and financing expertise, relationships with key stakeholders, and proprietary tools and data that enable us to serve as trusted partners to governments and investors. Our global network of consultants brings deep expertise and innovative analytical tools to each project. We support private investors in the following activities: analyzing the value of infrastructure opportunities, structuring and securing economically-sound investments, effectively and efficiently operating assets to generate value, and managing stakeholders and regulators to bolster long-term productive and collaborative business relationships.
We Help Deliver the World’s Largest Projects. We help our clients have the strongest possible starting point for their large projects by establishing a tailored procurement strategy, structuring contract-award negotiations to realize early cost savings and building the required management infrastructure. For clients with large portfolios of smaller projects, we evaluate potential bundling strategies and partnership models that help achieve continuous improvement over time.
We bring an independent perspective to our clients that is aligned with their goals and unencumbered by competing interests of the numerous stakeholders involved with large capital projects. This distinct focus on successful economic delivery mitigates many frequent problems that lead to cost overruns or schedule delays on seventy percent of megaprojects, according to our research. Our teams—representing a unique combination of strategic advisors and senior practitioners with decades of hands-on experience—work alongside clients to create value and impact that other traditional project participants may miss or ignore. We help clients plan, execute, and in some cases, rescue multibillion-dollar mega projects. Our business acumen, on-the-ground experience, and comprehensive knowledge of functional topics—such as organizational effectiveness, lean execution, procurement management, and risk management—uniquely positions us to support capital project owners, investors, and contractors.
Capital Expenditure Forecasting: Public Spaces and Facilities. We apply our knowledge of program and project management to help clients design optimal public building and spaces. We support clients in aligning architectural design and public use objectives with capital and operational expenditure budgets. To ensure the long-term relevance of buildings, we advise clients on the strategic use of materials and on design, expansion, accessibility, and sustainability techniques. Drawing upon extensive experience in capital-intensive projects, our consultants use proven tools and best practices—such as pre-fabrication and innovative contract structures—to build client capabilities and safeguard the long-term success of a project. We apply innovative techniques to ensure safety, security, and health regulations are met. We help clients control investment and facility management costs, while maintaining high-quality buildings with long lifecycles.
Fostering Sustainable Agricultural Practices. We tackle deep-rooted challenges such as sector competitiveness and productivity, food access and availability, smallholder farmer livelihoods, and climate change and resource scarcity. We work closely with governments, donors, foundations, and businesses to design and implement holistic programs that transform the way agricultural systems operate. In addition to our work on strategy, design, and implementation, we help set up and accelerate public/private partnerships, support individual value-chain projects and food reserve strategies, and tackle questions on organizational and strategic topics for donors and foundations.
We apply our expertise in agribusiness, supply-chain management, infrastructure, and large-scale transformations to create models for sustainable agricultural development that attract private, public, and social investment and can be scaled and delivered effectively. These models include regional “breadbaskets,” infrastructure and logistics corridors, and dedicated agricultural economic zones or food hubs.
Industrial Aggregate Extraction and Mineral Reserves. We bring deep insight into every significant mining commodity, including coal, iron ore, precious metals, bauxite, potash, copper, and other base metals. We offer objective perspectives rooted in knowledge and analysis, and work in close partnership with our clients to translate strategies and solutions into bottom-line impact at speed and scale. We offer our clients unique insights on supply, demand, trade flows, and future prospects for all major mining commodities. We publish extensively on these topics and are core participants in the world’s major mining conferences. We also collaborate with global institutions, mining associations, and policymakers to help shape the industry’s future.
Airline Transportation Industry. Market liberalization demands new solutions from air transportation companies. Customers require flexibility, speed, and punctuality. Competition from other modes of transport—both road and sea—are capturing a share of the market that air traditionally had to itself. Today’s airports must evolve to meet growing demand, new technologies, updated security requirements, and rising customer expectations. These forces will grow stronger, as will the complexity of projects and the public’s desire for transparency into performance. We bring deep industry expertise and local market insights to help our clients solve their most important challenges in strategy, organization design, and commercial operations.
Financial Globalization and Labor Productivity Growth. Ships are vital to worldwide trade. Container ships are among the largest oceangoing vessels, the pack mules of the global economy. The growth of ocean freight is far stronger than the growth of any other shipping sector. Over time, organizations of all kinds—whether manufacturers or service providers, governments or not-for-profits—become complicated. Lean management helps them engage all of their people, at every level, to help the entire organization work better: delivering more for customers, building stronger capabilities, finding new and better ways of working, and renewing a sense of common purpose.
Some port authorities have already started to play a role in offering this kind of transparency. Our teams combine the comprehensive business understanding that underpins disciplines with practical operations expertise in diverse industries worldwide.Using new tools and technologies that make real-time information available to carriers, shippers, and their land partners (mass transit, for instance) could help all stakeholders along the value chain improve how they plan and execute operations, including carriers themselves. By providing more upstream visibility—a centralized database offered through a web-based, open platform is one way to do this—carriers can, again, tap new pools of cost-cutting opportunity and help shippers reduce the costs and complexity of their own supply chains.
Integrating the North American Energy Market. Change in business is constant. Regulatory environments, globalization, industry boundaries, and cost pressures are all in perpetual motion, and idleness is never an option. The complexity of managing acquisitions and divestitures, though, can be challenging for even the most experienced corporate leaders. This is why we play a critical role supporting all phases of transactions—before, during, and after—to ensure deals are consistent with corporate strategy and achieve maximum value. We work with clients to deliver a strategy that targets many deals above a more sedentary approach and to develop in-house capabilities in advance of and during a property transaction or event.
Hydrocarbon Production and Industrial Engineering. We have built an outstanding track record of high-impact client work in five core strategy areas: exploration, corporate growth, new energy segments, gas, and regulatory. By investing in developing market perspectives and understanding financial trends and outlooks, we ensure our strategy work is built on a robust fact base. In addition to providing strategic advice, we are committed to building clients' capabilities at all levels of an organization to ensure success.
Investing in Carbon-Reduction Projects. Implementing regulatory and external-affairs strategies requires top management commitment, cross-functional engagement, and organizational drive. We help clients allocate resources, recruit the right talent, and establish procedures to secure stakeholder support for strategic priorities. We bring deep expertise in simulating the evolution of power markets and assessing the implications for long-term portfolio planning, asset valuation, and investment.
Our comprehensive methodologies are built on a foundation of industry expertise, proprietary intelligence, and internal and external data sources. We constantly refine our methods and models to produce the most relevant and valuable reports possible. Our team of consultants provide actionable insights in order to meet the business challenges unique to each client. We use a combination of technology, workshops, and reports to deliver road maps that help leaders prioritize business innovations.
Sustainable Financing for Development. We work with clients to address the impact of new regulatory requirements, and we provide insights that allow clients to identify and seize market and competitive opportunities arising from regulatory change. We help conduct technology and target scans for investors and entrants from adjacent businesses, and offer guidance on developing entry strategies, capturing opportunities, and building scale. We help local and national governments assemble a fact base for decision making, craft strategies for stakeholder management, identify least-cost solutions through tailored cost curves, assess barriers, and produce practical implementation plans. We help utilities transform their operations along the entire value chain of water, waste, and wastewater by optimizing elements such as network and pump station maintenance, pump energy efficiency, sludge treatment, waste asset configuration, aeration control, and support functions.
Regulatory Development of Nuclear Energy. The nuclear industry is still growing in Eastern Europe, parts of Asia, and the Middle East even as it contracts in Western Europe and North America. Nanoscale science and research promises to be a major component in the future growth of the global economy. Advances in nanotechnology are coming at a rapid-fire pace and are greatly influencing the long-term outlook for a range of scientific and engineering disciplines. Companies are investing billions each year on nanotech research and development, while governments are also engaged: the United States government alone has appropriated more than three billion dollars in funding, which puts nanotech on course to become one of the largest government-funded initiatives ever. We help clients anticipate and respond to regulatory changes resulting from coal retirements and other forms of industry restructuring, as well as technological and policy developments in renewables, transmission, smart grid, and tariffs.
Leveraging Pension Funds for Financing Infrastructure. Over the next decade, power networks in emerging countries will expand rapidly to serve growing populations, while developed economies will upgrade their infrastructure to cope with demand discontinuities and the transition to smart grids. We provide end-to-end support on investment projects across technologies and including building new power stations and refurbishment projects. In transmission, we help improve reliability, and increase customer affordability for project portfolios; and optimize design, improve lands and rights processes, and provide construction services in major time-critical corridor projects.
Deliverology: From Idea to Implementation. We help school systems to bring about rapid improvements in literacy and numeracy outcomes at the classroom level through our work across diagnostics, strategy, and implementation. We work with public and social institutions to apply innovative digital tools to revolutionize teaching and learning both inside and outside the classroom. We collaborate with employers, education providers, governments, and foundations to help students make a seamless transition from education to work. Our teams include former teachers, institutional leaders, researchers, and public policy makers.
Pharmaceutical Research and Development (R&D). Our clients include major pharmaceutical companies, medical device manufacturers, biotechs, and clinical research organizations. Our methodology is clinically-driven, informed by healthcare’s emerging realities, and focused on delivering innovative, cost-effective solutions that challenge traditional thinking. Our team of clinical innovation, product development, process design, lean management and experiential modeling experts utilize some of the most inventive approaches available to help our clients identify their most significant strategic and operational opportunities.
Drawing on a broad range of services that includes architectural design, engineering, construction, and facilities optimization services, our solutions are driven by understanding how our clients define value and how we can help them improve performance. In all cases, we help companies evaluate the value proposition for each product in development, considering both clinical and economic benefits. Every solution is tested against the backdrop of our client’s mission, vision and principles– driving business and care model innovation both now and in the future.
Casinos and Entertainment Venues. We understand the challenges that restaurant owners, hotels and gaming developers face in assembling land, obtaining gaming approval, and creating facilities that will stand out in fiercely competitive markets. Our work spans the globe on topics such as planning and investing in infrastructure, architecture, engineering, and construction. Our deep expertise enables us to assist hospitality clients in developing programs for a new future. We also rely on the practical experience of our project teams to develop new concepts and consulting approaches. We use innovative approaches to tailor offers precisely to customer requirements and to align process flows and organization structures with new strategies. In addition to hotels and casinos, we are highly regarded for our performance on recreational sports and entertainment venues, commercial developments, and corporate campuses.
Stadiums, Arenas, and Convention Centers. We apply our knowledge of construction to help clients engineer optimal public buildings and spaces. We support clients in aligning architectural design and public objectives with capital and operational expenditure budgets. To ensure the long-term relevance of buildings, we advise clients on the strategic use of materials and on design, expansion, accessibility, and sustainability techniques. We support all phases of project execution—from design to construction, from commissioning to ramp-up. We take a holistic view of social infrastructure projects, helping clients optimize quality, minimize costs, and keep projects on schedule.
The Future of German Mechanical Engineering. The changes currently taking place in the automotive industry from the need to go global to the emergence of new competitors in low-cost countries have increased business uncertainties and turned decision making that used to be straightforward into a much more complicated process. We help clients reduce capital intensity, optimize and standardize their specifications, and refine their approach to innovation investment. Our projects range from growth strategies and business-plan development to research and development topics such as material-supply optimization, as well as aftermarket processes.
Departments and Ministries of Defense. Our clients range from equipment manufacturers for aircraft in the commercial, business, commuter, cargo and military sectors to defense contractors to satellite and space transportation firms. Our teams serve commercial aerospace leaders in most segments of the industry. We partner with these organizations to help them improve operations, program affordability and growth. We have long-standing relationships with ministries and departments of defense, helping them rescale their personnel, operations and maintenance and procurement programs as defense commitments change.
We combine deep international experience in national security with global expertise that spans industries and the public, private, and social sectors. We bring a range of proprietary tools and a wealth of experience to help public-sector clients, in particular in the areas of organizational design, human capital, organizational diagnostics, and transformational change. Our global teams of procurement experts help our clients address the complex management issues at the heart of aerospace and defense.
An Economic Strategy for State and Local Governments. Advanced and emerging nations alike face major, albeit different, obstacles to stable and inclusive economic growth. Advanced economies strive for human-capital development, sustainable growth, and productivity improvement in the public sector. Developing economies must balance the benefits of economic progress against societal and individual costs. Much progress has been made in the past century in raising individuals and societies out of poverty. Continuing this progress will require a significant and sustained global focus on economic development. And unlocking economic growth will require smart strategies for overcoming growth obstacles such as natural disasters and the effects of climate change. We help governments and public-sector organizations design and implement large-scale strategies that promote economic development and inclusive growth.
Getting Smarter About Smart Cities. Cities are essential to global economic growth and productivity. They are where most of the world’s population lives, works, and plays, and they are important to everyone else, too. The rush to metropolitan centers, particularly in emerging economies, is driven by a desire for a better life with more opportunities; as economies start to centralize in cities, so do people. Managing growing cities and their supply of resources is a formidable task that places heavy demands on infrastructure and the environment. We focus on finding solutions that will support economic growth while reducing pollution and waste.
Sustainability Powered by Knowledge. Our work is founded on a rigorous understanding of every client’s institutional context, sector dynamics, and economic environment. We study markets, trends, and emerging best practices, in every industry and region, locally and globally. Our investment in knowledge also helps advance the practice of management. We publish our findings extensively, and we engage with leading thinkers on the most pressing issues facing our clients and society.
Humanitarian Aid: Mission-Aligned Investing. We all have a role to play in building a better world for our children. In our own case, we were exceptionally fortunate to inherit a unique philanthropic tradition based on a longstanding commitment to solidarity, social responsibility and the advancement of knowledge. Today it is our turn and our duty to preserve this legacy. By helping new talent emerge, and by devising innovative solutions to current challenges, the Burk Foundation works each day to ensure that our vision will translate into lasting achievements in science, the environment, the arts, education and social entrepreneurship. The projects we support provide the best illustration of our faith in human potential, our commitment to the value of sharing and our pursuit of excellence.
Success over the long-term requires business leaders to understand social issues. We engage with a wide variety of academic, cultural, and educational institutions, as well as other philanthropic foundations.
A Globally Fluent Metropolitan Economy. Mass public transport is a large part of daily life and generates substantial revenues. Yet the industry also faces significant challenges. Growing competition is encouraging new solutions in this arena to which established companies must adapt. Public transport companies must learn to operate more efficiently. The vision for the public transport players of the future is a significant decrease in operating costs and improvement in customer satisfaction. We work systematically to achieve best-practice solutions through efforts such as cost restructuring, pricing, and distribution optimization. By leveraging economies of scale, horizontal integration, and specialization, we can support our clients in achieving even greater efficiency gains.
Shopping Malls and Outlet Centers. As the role of the brick-and-mortar store evolves, retailers will continually have to refine how they use their infrastructure. Over the course of the next decade, the global face of the consumer industry will change dramatically. Retailers need more than a good deal to make a sale and keep loyal customers coming back. We help clients understand, anticipate, and act decisively to align their businesses with the trends and forces shaping the global economy. We believe in a fully-integrated design-build approach that combines design, construction, business strategy, and technology as the core of any working group. These functions should work together to make decisions, ensure that the designed journey aligns with the business strategy and delivers value, and keep the client experience at the forefront. We systematically apply design-to-engineering and design-to-market principles.
Our global team of experts includes former product, merchandising, sales, and supply-chain managers from renowned apparel, fashion, and luxury companies. Our clients range from medium-size companies to industry leaders—spanning across producers and brands, vertical fashion retailers, apparel multi-brand retailers, department stores, and luxury-goods companies.
From Tradition to Philanthropic Innovation. In a world beset by economic disruption and political upheaval, as well as by the enduring problems of famine, poverty, and disease, there has never been a greater need for fresh thinking. Social innovation is about applying new approaches, refining existing practices, and bringing powerful tools to bear in solving the world’s most pressing social challenges. Our work seeks to harness the power of collaboration between businesses, governments, nonprofits and social enterprises to address these challenges more effectively, and on a wider scale. We bring broad global experience and relationships, a global network of talented people, distinctive expertise and capabilities, and purpose-built tools and methods.
Literature and the Arts. Part of our philosophy is the belief that creativity, dedication and discipline can lead to outstanding achievement. The Burk Family Foundation is steadfast in its commitment to a new generation of cultural institutions that are critical in the revitalization of transitional neighborhoods. Our music initiatives focus on supporting and encouraging young people in exploring their potential. We continually seeks ways to foster creativity as a tool that can build more livable communities and serve as an important economic resource in their revitalization. Programs for emerging artists, musicians, and cultural institutions enrich cities, and bringing art into the workplace sustains an atmosphere that encourages the kind of thought-leadership that has been integral to our success. As investors in these organizations, we have leveraged the arts as a catalyst for positive economic, physical and social change.
Improving the Underwriting Process. Our global network of experienced insurance partners work with property and casualty, life-insurance, and reinsurance carriers, industry associations, brokers, and other institutions to address issues on topics including strategy, organization, operations, technology, and risk. We embed these insights into ongoing risk-management processes to help clients build lasting capabilities. We help clients analyze risk factors, model asset and liability matching, and enhance their asset-allocation methodologies. We also advise clients on settling claims and help them find opportunities to retain value during contract closeout.
Well-structured claim and counter-claim strategies have helped our clients achieve average claim settlement rates significantly below the original claimed value. Our focus on protecting clients’ assets is reflected in our business model, our process and our people. Our systematic approach to Risk Management focuses on five dimensions, each of which is substantiated with industry-specific diagnostics, benchmarks, and best-practice recommendations:
Risk-Identification and Transparency
Risk Ownership and Strategy
Risk-Enabled Decisions and Processes
Risk Organization Assessment
Risk Management Modeling
Arbitration, Mediation, and Litigation Support. Many risk-management activities at the enterprise level are influenced by various types of pressure. Some are external, such as compliance or regulatory changes, for example. Sometimes, unfortunate events in one’s own company or in the industry prompt internal soul searching regarding whether existing risk-management approaches are adequate. In more and more cases, however, business leaders take a more proactive stance, as their goal is to further develop risk-management capabilities (proactively based on their strategic and economic priorities and growing aspiration levels) into a competitive advantage—ultimately improving business decisions and increasing the value of the company in a risk-conscious way.
We combine our expertise in risk with deep experience and understanding of our clients’ business context, developed through decades of experience counseling our clients. We work closely with senior expert advisers—external collaborators who bring decades of industry, regulatory, and academic experience. Our teams, including senior advisers with deep institutional, government, and military experience, have helped business and government leaders manage many serious cases and their aftermath.
Forensic Engineering and Expert Testimony. We take a truly global, cross-sector, cross-functional view of risk issues, combining our deep industry insight and strategic skills with a structured risk-management approach, proven methodologies focused on true transformation, analytical tools, and practical implementation. We help our clients identify, quantify, and prioritize their most important risks as well as related returns. We do this using a combination of advanced quantification methods (such as analytic modeling and stress testing, also using nontraditional data sources) and the systematic integration of qualitative factors, including strategic judgment. To complement statistically validated approaches, we integrate forward thinking, especially in risk measurement and management reporting.
We approach procurement and contracts as the basis for the relationship between parties, and therefore as a valuable management tool to influence behavior and align incentives throughout project execution. We help our clients design contracts that support project success by establishing terms that inform and direct the project execution, rather than narrowly focusing on purely legal requirements.
Leveraging Mutual Business Opportunities. New regulation can put value at risk, but it also creates new opportunities (such as stimulus packages) and unlocks new growth levers. A rigorous, quantified assessment of the value at stake from these risks and opportunities—over both the short and the long term—is critical to prioritize an organization's outreach efforts. We help our clients quickly anticipate, identify, and understand the key regulatory issues that may affect their industries, leveraging an in-depth understanding of industry profit pools, as well as unique insights into the levers that governments and regulators might consider implementing in their sectors.
We have an unparalleled end-to-end view of risk management processes, combined with a proven digital delivery capability and market-leading expertise and methodologies in data management and analytics. These capabilities, along with deep operational expertise across a range of sectors, leading-edge technology experience, and a finger on the pulse of emerging innovations in financial technology and regulatory technology, make us an invaluable partner for our clients.
Restructuring Distressed Projects. Megaprojects—multibillion dollar investments—often require long-term business-relations experience and once-in-a-lifetime commitments of resources and capital. Yet, seventy percent of megaprojects exceed budgets and schedules. The consequences for both owners and contractors can be disastrous. For owners, overruns not only affect their bottom line, but also lead to squandered business opportunities and compromised credibility. On the other hand, contractors who exceed budgets and schedules erode resources, profits, and perhaps most importantly, client trust. In our experience, carefully planned megaprojects can succeed, if both parties’ objectives and incentives are properly aligned, and when best practices for project delivery are consistently applied.
We bring integrated teams of partners and consultants, as well as senior experts with decades of experience designing technical solutions and running megaprojects across industries. This combination of best-in-class technical, financial, and project-execution expertise, backed by our robust project-management methodology and depth of experience, allows us to deliver superior value to project-owner organizations worldwide. For distressed projects, these experts form the core of our deployed project teams who can support clients in an advisory capacity, and also embed in interim management roles.
In some cases, our clients are well advised to seek a judicially driven or other formal restructuring of their obligations. We provide comprehensive support in these situations.
Earnings Management and Corporate Governance. As organizations and markets increase in complexity, defining strategy becomes more demanding. Leaders must reconcile a high-level view of their business with a detailed understanding of the countless activities that create value at a granular level. Information is vital, but with so much data available, how do leaders separate the signal from the noise? Our Strategy Analytics Center helps leaders make sense of internal and external data on corporate performance, and global and local trends so that executives can develop more robust strategies for creating value, identifying opportunities, and pursuing growth.
Bring Empirical Rigor to Strategy. Change in business is constant. Regulatory environments, globalization, industry boundaries, and cost pressures are all in perpetual motion, and idleness is never an option. The complexity of managing acquisitions and divestitures, though, can be challenging for even the most experienced corporate leaders. Our approach to transformational change is holistic and focused on execution. We address all the factors that create value for an organization, including top line, bottom line, capital expenditures, and working capital. The results we achieve are exceptional across industries and geographies. Our clients regularly see dramatic increases in the value of their businesses and improvements in other key metrics of success.
Mergers and Acquisitions (M&A). Mergers, acquisitions, disposals and joint ventures have always been an important strategic option for corporations, financial institutions and private equity investors. We support our clients from preannouncement planning through postclose integration. Our experts are well-versed in both top-down strategic approaches and in the innovation needed to compete in a global economy marked by emerging markets. We aim to deliver attractive risk-adjusted returns, reducing significantly the volatility and the maximum drawdown compared with traditional market-capitalization weighted portfolios. Our network of strategists works with banks, insurers, asset managers and payments companies to help define, build and maintain winning business portfolios, align actions with long-term objectives, and balance risks. We work with clients on issues relevant to the enterprise-wide management of their business, such as growth, portfolio mix, business unit strategy, the impact of global trends and the management of government stakeholders.
Making a Better Match: Institutional Investors and Infrastructure. Our global presence enables us to help clients analyze the risk-adjusted attractiveness of specific geographies, asset classes, and deal types and evaluate the impact of potential opportunities. To ensure the long-term health of the portfolio, we measure opportunities against investor capabilities, risk appetite, and existing portfolio contents. We support clients in assessing possible partners and developing market-entry strategies. By applying a systematic approach, we help assess the full range of private and public options for funding infrastructure assets. Our proprietary models enable us to identify risk, advise on pricing, and assess risk mitigation approaches and their implications on financing strategy. We also help clients directly link their corporate and business unit strategies to their various financing strategies.
Domestic and Foreign Direct Investments. We help institutional investors—particularly large public pension plans, sovereign-wealth funds, and endowments—better understand the risk and return potential of their portfolios. We help clients analyze risk factors, model asset and liability matching, and enhance their asset-allocation methodologies. We also help them disaggregate the sources of investment performance and costs to get a fuller view of their risk-adjusted returns. Increasingly, we help institutional investors use insights from big data and machine learning to stay at the cutting edge of their disciplines. We embed these insights and techniques into ongoing investment and risk-management processes to help clients build lasting capabilities.
Commodities, Futures and Derivatives. We take a global, cross-sector, functional view of risk management issues, combining our deep industry insight and strategic skills with a structured enterprise-management approach, proven methodologies focused on true transformation, analytical tools, and practical implementation. Companies should choose consciously what types and levels of risk to take and what to avoid and mitigate (“risk ownership”). We help clients gauge their unique strategic, financial, and operational circumstances (“risk bearing capacity”) in order to ensure that their risk choices are aligned with their strategy and with their financial and operational risk-taking capabilities (“risk strategy and risk appetite”), so that they can optimize the risk-return trade-off.
Trade Agreements and Preferential Trade Arrangements. Change in business is constant. Regulatory environments, globalization, industry boundaries, and cost pressures are all in perpetual motion, and idleness is never an option. The complexity of managing acquisitions and divestitures, though, can be challenging for even the most experienced corporate leaders. Our approach to transformational change is holistic and focused on execution. We address all the factors that create value for an organization, including top line, bottom line, capital expenditures, and working capital. The results we achieve are exceptional across industries and geographies. Our clients regularly see dramatic increases in the value of their businesses and improvements in other key metrics of success. The firm’s goal is to deliver enhanced returns and capital preservation over the long-term through a rigorous application of our intellectual and financial capital. Our businesses reflect our strong partnership culture, commitment to exceptional performance and uncompromising integrity.
Securities and Exchange Commission (SEC). We work with a diverse set of clients, including pension funds, retirement systems, endowments and foundations, and sovereign wealth funds. Our consultants and experts bring distinctive insights and capabilities when serving institutional investors, helping them navigate shifts in the investment landscape and capture key opportunities. With our extensive client experience and significant investments in leading-edge macroeconomic research, we bring unparalleled knowledge of the global economic landscape and a deep understanding of the different local and regional contexts in which our clients operate.
Resolving Complex Securities and Financial Institutional Disputes. Facing extreme volatility in financial and commodity markets, more and more of our clients are realizing that effective, risk-informed strategy can offer a major source of competitive advantage. Our fact-based approach relies on deep proprietary research that spans institutional and commercial segments, asset classes and products, such as exchange traded funds and outcome-oriented funds. Our proprietary tools provide unique insights into the flows, assets, and economics of each of the sub-segments of these markets and into the preferences and behaviors of consumers, investors, and intermediaries.