Getting to like L.E.K.
Founded in 1983, L.E.K. Consulting is a strategy consulting firm
that offers four major capabilities to its clients: strategy,
mergers and acquisitions, operations and organizational development
and marketing and sales consulting. The firm maintains more than 20
offices around the world, while its clients are global companies
that are leaders in their industries, ranging from Fortune 500
members to small businesses. The firm has strength in many major
industries: aviation and travel, industrials, building products,
biopharmaceuticals and life sciences, retail and consumer products,
natural resources, healthcare, media and entertainment, MedTech,
surface transport and private equity.
In the Asia-Pacific region, L.E.K. opened in Australia in 1987
and has continued to open offices across the region, most recently
adding an office in Singapore in 2014. Today, the firm has
additional locations in Beijing, Chennai, Melbourne, Mumbai, New
Delhi, Shanghai, Seoul, Sydney and Tokyo.
Underscoring all its services, says L.E.K., are its data-driven
capabilities that drive insights. "The most valuable service that
L.E.K. provides," the firm says, "is to leverage outstanding
analysis to deliver exceptional insights to clients." The firm's
data-crunchers dig into the numbers to provide clients with clear,
actionable recommendations using advanced research, benchmarking,
modeling, analysis and strategy development methods.
Offering a helping hand
L.E.K. takes its responsibilities-especially its social
responsibilities-seriously. As part of its environmental and social
responsibility program, the firm works with charitable
organizations on projects to improve the environment and to
strengthen social services. One such client is Medicines for
Humanity (MFH), a nonprofit that helps local health care partners
implement effective health care initiatives for children and become
self-sustaining organizations. L.E.K. worked with MFH to develop a
business model that combines health care services and
And, when it comes to going green, L.E.K. is more than just
talk, working with clients on issues related to climate change,
such as policy and regulation, green investments and developing
low-carbon business strategies. In January 2008, L.E.K. became
carbon neutral, making it the first major consultancy to implement
such a policy across its global operations.
The firm's outreach doesn't stop there. In 2011, it began
publishing a blog, written by current L.E.K. consultants, on life
at the firm. Called the L.E.K. Advisor (http://ask.lek.com), the blog serves
as a window into both the company and the consulting profession for
those who may be considering applying.
IN THE NEWS
Taking off with Sydney Second Airport
L.E.K. Consulting Australia has been engaged as part of a
specialist team for the Commonwealth's proposed Western Sydney
Airport. Business Advisers Ernst & Young are leading the
project and have engaged specialist teams such as L.E.K. Consulting
to prepare a business case in the development of the airport
concept. The business case will examine, but is not limited to,
patronage forecasting, airport operation and design concepts,
examination of funding and financing models, market sounding, and
airport costing and valuations. Read more.
Setting sights on Singapore
L.E.K. has opened a new Southeast Asia hub in Singapore to
service the ASEAN region. The office's language capabilities,
including English, Mandarin, Thai, and Bahasa.
The Singapore office serves a range of large and mid-sized
corporations to financial investors and public sector entities. Read
Reaching New Heights Together: How Airlines Can Maximize
the Value of Joint Ventures
Airlines have long understood that trust is essential to their
relationship with customers. Building trust between traditional
competitors does not come naturally. The success of JVs depends on
airlines' ability to construct equitable and flexible partnership
arrangements. Read more.
The Rebirth of U.S. Manufacturing: Myth or
The media has been full of reports lately about a renaissance in
U.S. manufacturing. The cheerleaders cite an array of heartening
examples, but is this revival for real? L.E.K.'s Carol Wingard and
Michael Connerty examine the results of a recent study of decision
makers in 10 U.S. manufacturing industries to determine if this
"rebirth" is myth or reality.
Here are some data companies MedTech firms should
Jonas Funk, a Chicago-based partner in the firm's MedTech
practice, was quoted in industry publication MDDI. Read more.
Top Consultant Award
L.E.K. Consulting's Bill
Frack, a partner based in the Chicago office, has received the "Top
25 Consultants" award for excellence in healthcare. Read more.
Food & Pharma: How to Succeed in Dietary Supplements
Nutraceuticals are increasingly becoming power plays for both
Big Food and Big Pharma companies. Driving this phenomenon is the
draw of capturing a growing number of consumers who are seeking
proactive health solutions to avoid negative pharmaceutical
interventions. Here's a basic breakdown of issues companies should
consider before they get in the game. Read more.
L.E.K. Consulting's Maria
Steingoltz, a senior engagement manager based in the Chicago
office, was named to Consulting magazine's
"Rising Stars of the Profession - 35 Under 35" for 2014. Read more.
Executive Profile - Peter McKelvey
Peter McKelvey, President of L.E.K. Americas, was profiled in
the Boston Business Journal. Read the profile