West Monroe

A new episode of This is Digital is live: https://lnkd.in/gatRnZi5 Milton Santiago, Global Head of Digital Solutions at Silicon Valley Bank, joins us to discuss the evolving banking industry. Learn how to best meet your clients’ unique demands and the key to success with constantly adapting services.   Other key discussion points include: 💥 What’s a fad and what's fundamental? ⚖ Balancing innovation and being cost effective 🤝 Taking a tailored approach with your clients You can also 👀 all of our Season 4 podcasts on YouTube: https://lnkd.in/g2P65vCf

Our senior partner Paul A. DeCotis spoke with Robert Walton and Utility Dive about the need for responsible AI governance and compliance—highlighting AI's potential to reduce energy use and advance scientific, energy, and national security innovations. Read the full article on the how the bipartisan Senate bill could impact the U.S. Department of Energy (DOE)'s AI work here: https://lnkd.in/gwS5nJ7U

Google's proposed $23 billion acquisition of Wiz makes sense, our M&A expert Keith Campbell told The Information, as companies are seeking unique features in their cloud products to secure recurring revenue—especially with the growing investment in new cloud categories like generative AI. Read the full article from Kate Clark, Natasha Mascarenhas, and Aaron Holmes here: https://lnkd.in/dAPhMFN8

Who's ready for West Monroe's Day of Service this Friday?! One day each year, our entire firm closes our laptops and engages with organizations in our communities who are in need of time, resources, and assistance. This year, we will be spending time with 80+ organizations! Here's a list of those groups (with even more in the comments!) If you're participating, make sure to tag West Monroe in all your photos on LinkedIn and Instagram to be featured! 826 National | Banco de Alimentos | Big Brothers Big Sisters of Metropolitan Chicago | Big Brothers Big Sisters of Puget Sound | Bounce Children's Foundation | The Bowery Mission | Boxing Out Negativity | Boys Hope Girls Hope | Bright Promises Foundation | Care for Real | Chicago Scholars | Children's Village | Chinese Mutual Aid Association (CMAA) | Community Action Partnership of Orange County | CommunityHealth | Concrete Safaris | Forest Preserves of Cook County | Cookie Cart | Crossroads Community Services | DESC (Downtown Emergency Service Center) | Downtown Women's Center | EMPOWERING THE MASSES | Erie Family Health Centers | Feed the Mass | Food Lifeline | Food Bank of the Rockies | FRIENDS OF GRIFFITH PARK | Furniture Bank of Central Ohio | Girls on the Run-Chicago | God's Love We Deliver | Good+Foundation | Habitat for Humanity ReStore | HFS Chicago Scholars | High Jump | Hope Grows PGH | Hudson River Park Friends | La Casa de las Madres | Minds Matter Southern California (see comments for the rest of the list!)

Though deal-making was down across the board in 2023, investors are attracted to the insurance sector's steady cash flow and "recession insulation," writes our Brad Ptasienski ➡ https://lnkd.in/eWVe33eA

New UPS CFO Brian Dykes is now tasked with increasing shipping volumes without raising costs. Our expert Jeremy Tancredi expected the shipping giant to choose an external, growth-oriented candidate to help contend with rising labor costs and competition from companies like Amazon. Read more in this latest piece from Grace Noto and CFO Dive: https://lnkd.in/geFnJy8s

Our expert Connor Augustyn spoke with Maura Webber Sadovi and CFO Dive about the importance of CFOs having a handover plan for M&A deals. This ensures back-office functions are in order and allows them to understand the transaction process to showcase their capabilities (and possibly secure other roles). Read the full article here: https://lnkd.in/eX-Pzw-a

How fast can you turn around performance to meet revenue and volume targets? 🔗 https://lnkd.in/gKx6i4Nv Learn how we transformed a global food processing organization's new unit by improving make-to-order processes and enhancing supply chain management. We implemented a project management office, optimized manufacturing productivity, and introduced new KPIs, resulting in: ✅ a $2.7 million increase in monthly revenue run rate, ✅ $3.8 million annual cost savings, ✅ and a 55-point boost in inventory accuracy within six months

How do private equity-backed CFOs achieve finance transformation? 📈 Gathering insights 👍 Prioritize opportunities 🗺 Create a comprehensive roadmap 🚧 Establish robust governance frameworks Our Deric Selchow, Matt Dauphinais, and Connor Augustyn analyze each step here: https://lnkd.in/gTnpqkFg

West Monroe knows that digital transformation is only as good as its ability to create value. We’re proud to be named in Forrester’s latest report, “The State of Digital Strategy Services, 2024,” reflects insights from Chief Commercial Officer Casey Foss on how we’re driving change for our clients. Access the full report from Forrester (Available to Forrester clients and for purchase): https://lnkd.in/g7rGJKka And learn more about the work we’re doing: https://lnkd.in/grdFm43F