Traditional banking has evolved and will continue to do so for the foreseeable future. Millions of Baby Boomers are exiting the job market and Generation Zers have arrived. Waiting in line on a Friday evening to cash a payroll check is not among their priorities. Lifetime customers may be a thing of the past. Banks building sustainable business will: a) focus on continuous innovation; b) defend against FinTech competing products; c) adapt to cultural shift; d) exceed customer expectations; e) stay abreast of compliance regulations; and f) eradicating security breaches.
The Pandemic caused exposed many challenges facing the Bio Pharma Healthcare industries. (1) Insurance companies consistently add more stringent protocols., (2) traditional leadership and management may be a deterrent to innovation, (3) patient outcomes versus healthy cost are being scrutinized, (4) no major discoveries over the last ten years, (5) self-medication has risen, (6) attention given to prevention rather than focus on treatment; and (7) the significant expectations of consumers in clinical results. LQC assists our partners to meet these challenges head-on and become the industry leader.
Civic engagement has become a catch all phrase or an umbrella term to include community spirit, moral foundations, cultural membership, political, and social constructs. On the contrary, community engagement works to bring polarizing views or contested actions to the table by providing access to the silent to the outspoken, the disenfranchised to the privileged, and to the angry to the complacent while moving across political, cultural, social, and racial lines. LQC assists municipalities and communities by addressing the issues head-on and bringing all necessary parties to the table. The end result is an action plan that measures the success of each agreed upon action. .
The viability of nonprofits (both small and large) in the new normal will depend to the extent the organization can: a) manage staff, products, assets, and programs in an uncertain economy; b) identify sustainable donors; c) expand brand marketing and legitimacy; d) effectiveness; and e) maintain infrastructure. Lion Quest Consulting Group (LQC) has lived in this space for over twenty years providing insight to our client-partners.
Labor shortages, technology integration, safety of employees, sedentary production timelines, rising materials costs. unforeseen project delays., and poor productivity versus profitability are a few of the challenges the construction industry must overcome. The industry trends regarding green buildings, Building Information Modeling (BIM), and prefabricated buildings have been used to lower building cost. LQC assists with our client-partners meet these challenges head-on by becoming a market leader.
The entertainment industry suffered major losses from COVID-19. Seemingly overnight, 120,000 jobs evaporated from the, industry and a minimum of half of $720 billion in revenue for 2020 is in jeopardy. Coupled with these losses are the risk currently facing the industry such as cyber attacks, protection of fans and patrons, third party liability, and new business models. The trends for the post pandemic environment include consumers that are: 1) moving toward non traditional entertainment services such as streaming, alternative Internet based, and wireless services; 2) unleashing robust criticism of content in social media formats; 3) choosing affordability over quality; 4) developing an appetite for documentaries; and 5) shuffling through as many as three streaming services. LQC scans the marketplace for competitive advantages among the trends for our client-partners.
The business of schools is education, but the last ten years brought on challenges such as shifting economics, declining enrollment, new political alignments, demographic concentration, and national security realities. Therefore, the business of schools is developing globally competent students. On top of these challenges comes the backdrop of a pandemic this world has never seem. The new normal is upon us. Lion Quest Consulting Group remains on the cutting edge to assist institutions make the quickest innovative adjustments in becoming the educator, employer, and investment of choice.
A resurgence in manufacturing is on the horizon due to political mandates and the vulnerable pandemic realities. However, the industry faces many challenges such as: 1) cyber (data) security; 2) lack of skilled workers; 3) ensuring employee safety and security; 4) global competition; 5) Internet of Things (5G applications); 6) attracting and closing substantial leads (B2B), and 7) a much needed investment in automation and robotics. Put the expertise of Lion Quest Consulting Group to work for you. Our partners have expertise in these and many other challenge areas.
Over 180,000 civilians work on military bases throughout the United States in almost every profession. LQC provides a variety of services to civilians with the status of new hires, veterans, military families, transfers, and those reinstated. Some of these services are not listed among the capabilities such as work-life balance, stress management, conflict resolution, leadership development, and other customized services.
The tensions between the Black and Brown communities toward law enforcement agencies are as high as any time in the history of civil rights. The lack of trust, anger, and fear evoved from systemic brutality of people of color shown on social and national news media outlets. but most importantly, experienced. The public outcry demands real change. Where does healing and reconciliation begin? Can law enforcement officers police themselves? Who should be at the tables for meaning dialogues? What is the process? Can the deep-rooted issues really be addressed? LQC works with communities leaders, advocates, civil rights groups, and law enforcement agencies to move from blame and anger to reconci,liation and accountability.
The popularity of pro sports in general is at an all-time high. Attendance at the top five pro sports leagues operate at 89.3 % of the facilities capacity. New facilities are replacing stadiums, arenas, and ball parks that had an average age of 25 years of age. Television revenue continues to reach historic numbers, and three of the top five pro sports leagues earn more than 10 billion from television alone. The relationship between owners and players are managed by the Collective Bargaining Agreements (CBA) with two of the CBAs due to expire over the next two years.
Yet despite these benchmarks, professional sports face some daunting tasks. The attraction of millennials and ultimately Generation Z’ers who primary connect through social media, rising cost of entertain versus expectation, the thrill of game-day experiences versus the comfort of emerging technology, operation of large than life facilities, the rise of salary caps, technology enhancements, venue maximum usage agreements, complex frameworks including multiple stakeholders, new revenue streams (i,e. eSports and sports betting), changing demographics, potential labor unrest, security, and economic solvency in the “new normal” are among the challenges.