Day in the Life: Operations Excellence Intern Edition

Day in the Life: Operations Excellence Intern Edition

At West Monroe, we approach internships differently. To be the best, we need the best, meaning our interns accepted the challenge to go beyond the typical internship. Our interns took on an array of engaging, transformative challenges, ranging from assisting on client sites/projects, to developing new and innovative software. Specifically, our Operations Excellence interns had something to say...

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Enabling the Next Generation Grid: The Potential of Energy Storage

Enabling the Next Generation Grid: The Potential of Energy Storage

All of us experience what amounts to “magic” in our daily lives: Every time we flip a switch to turn our lights on they do so instantly. The electric grid is one of humankind’s greatest engineering marvels, balancing electrical supply and demand within a close tolerance at every point along the network to keep our economy and modern way of life running at full speed.…

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Affordable Care Act – Moving Forward

Affordable Care Act – Moving Forward

After nearly a decade of uncertainty around the longevity of the Affordable Care Act (ACA), the law now stands to remain in place for (at least) the foreseeable future. In the wake of the latest repeal and replace failure, we can expect a new wave of bipartisan effort to amend and update the ACA in its current form to bring greater market stability, wider access to care, and lower costs.…

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The Most Challenging Job in Retail

The Most Challenging Job in Retail

Having spent a dozen years in various retail leadership positions, I can confidently say that front line leadership (overseeing one store or multiple stores) is the most complex job. Today’s managers face a myriad of challenges: improving customer experience while overseeing a growing number of employees, effectively managing labor costs and turnover, implementing new technologies across a...

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Utility Industry Trends: Taking Stock & Reflecting

Utility Industry Trends: Taking Stock & Reflecting

The 3rd annual NY Energy Revolution Summit in New York City, was well attended and insightful. Speakers and panelists were dominated by utility executives and industry professionals sharing their respective experience in meeting the requirements of an industry in transition. While challenges remain to create a robust and customer-centric distribution system operator platform, progress...

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Before You Change Your Technology, Change Your Operating Model

Before You Change Your Technology, Change Your Operating Model

The commercial lending industry has experienced tremendous growth in the last decade. Yet, commercial banks have not been at the leading edge of industry-altering changes. Further, the speed of these changes has placed a burden on middle-market and regional banking institutions to rapidly evolve or fall behind. Non-traditional lending sources, with altogether different operating models and...

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Is Your Management Team Equipped to Drive Workforce Improvement?

Is Your Management Team Equipped to Drive Workforce Improvement?

Many companies look to increase the efficiency of their workforce through implementing new work methods, labor standards, and technology. However, a critical piece of the improvement process is often overlooked – performance management. According to Wikipedia, “performance management is the term used to refer to activities, tools, processes, and programs that companies create or apply to...

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Five Strategies for Meter Reader Transition in the Utility Industry

Five Strategies for Meter Reader Transition in the Utility Industry

The electric utility industry is shaped and transformed through the introduction of disruptive technology ultimately benefiting consumers and improving operations. Often, new technology comes with the collateral impact of the elimination of jobs and skills which for many decades have been in high demand. Smart Grid Technologies are increasingly commonplace throughout the utility industry and...

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Graph Databases: Connecting the Dots

Graph Databases: Connecting the Dots

The global population of data is rapidly growing and organizations are finding themselves challenged with how to store and manage data in a way that quickly leads to tap into actionable data. Today’s business decisions demand more complex data models that precisely represent the characteristics of entities and how these entities relate to one another in the physical world.…

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Despite Heightened Attention To Cybersecurity Risks, Today’s Software Investors Don’t Feel Any Better Prepared

Despite Heightened Attention To Cybersecurity Risks, Today’s Software Investors Don’t Feel Any Better Prepared

During the first half of 2017, West Monroe and Mergermarket surveyed 100 senior private equity and corporate executives, all with organizations that have acquired at least one software firm over the past three years. Respondents cited various challenges to orchestrating a successful acquisition – one of the top among them being cybersecurity.…

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Robotic Process Automation: Beyond the Myth

Robotic Process Automation: Beyond the Myth

The hype surrounding robotic process automation (RPA) continues to grow. It has many people imagining robots along an assembly line, packaging product to be delivered by drones in a matter of minutes. But the reality is that robotic process automation is the next technology automation tool designed to drive better operational efficiency, improve customer experience, and increase employee...

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Phone: 312-602-4000
Email: marketing@westmonroepartners.com
222 W. Adams
Chicago, IL 60606
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