4 Management Strategies To Increase Employee Performance And More (2024)

Weekend must read

To succeed in this new landscape, leaders need to relentlessly focus on the issues that will enable them to connect with and influence their workforce. Four vital areas stand out: creating a sense of belonging, rethinking performance measurement, aligning the company’s mission with that of the employees, and embracing the diversity within the team. All rely on gaining a deep understanding of individual workers’ needs and concerns.

Did you know?

It is also seen as the second-most severe risk over the two-year timeframe, according to the Global Risks Report 2024, released by the World Economic Forum in partnership with Marsh McLennan and Zurich Insurance. Similar to last year’s results, nearly all environmental risks feature among the top 10 over the long term.

Industry briefing

Retail banking trends in Asia: Uncertainties remain around China's economic outlook, with future loan book impairments impacting consumer confidence in the banking sector. Banks need to tread carefully throughout 2024 and place their strategic bets to capture the new opportunities for growth and expansion that technological advancements are bringing. Here, we've identified 10 trends that will impact banking in 2024, and beyond.

US space leadership: 2024 is likely to be a pivotal year for the US space sector with the potential emergence of more viable launch vehicles and possible moon landings. But more importantly, it may be the year when the US gets serious about defending its military and commercial dominance in space and reasserts NASA’s leadership role among an expanding private sector. We take a look at four imperatives for NASA, the government, and private sector players to keep the US at the head of the pack.

Corporate scoop

Brand vitality: It’s not longevity that makes a brand old; it’s stagnancy. Some companies that grew out of the dot-com boom and are relatively young in years, are seen as significantly less vital than peers more than 100 years their senior. That translates to declining engagement and loyalty as shinier, just-hatched alternatives emerge to replace them. The good news for any brand is that vitality can be achieved at any age, and there are many actions brands can employ to rejuvenate their relevance.

Oliver Wyman in the news

Who to follow

Caroline Gibbins, partner in our Transportation and Services Practice

More insights