Conpas Rating
-
Website
https://www.oliverwyman.com/Overview
Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation.
Number of Employees
5,001-10,000
Services Provided
Consulting
Conpas Rating
-
Website
https://www.oliverwyman.com/Overview
Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation.
Number of Employees
5,001-10,000
Services Provided
Consulting
Regions
North America, Asia, Europe, Middle East, Africa, Latam, Oceania
Countries
United States Of America, India, Italy, Japan, Portugal, Russia, Saudi Arabia, Singapore, South Korea, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, United Kingdom, Mexico, Netherlands, Poland, Australia, Barbados, Brazil, Canada, China, France, Germany, Hong Kong, Aruba, Afghanistan, Bangladesh
Regions
North America, Asia, Europe, Middle East, Africa, Latam, Oceania
Countries
United States Of America, India, Italy, Japan, Portugal, Russia, Saudi Arabia, Singapore, South Korea, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, United Kingdom, Mexico, Netherlands, Poland, Australia, Barbados, Brazil, Canada, China, France, Germany, Hong Kong, Aruba, Afghanistan, Bangladesh
Year of foundation
1984
Structure
Public Company
Industry
Professional Services
Part of
Marsh
Year of foundation
1984
Structure
Public Company
Industry
Professional Services
Part of
Marsh
About Us
About the company
Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].
Specialties
Strategy consulting, management consulting, financial services consulting, global management consultancy, strategy, operations, risk management, organization transformation, actuarial consulting, healthcare, aviation, automotive, sustainability, corporate finance, digital, retail, transportation, energy, telecommunications, and insurtech
Who we are
Accelerate Breakthroughs
Firms and governments need to address issues that are tougher and more urgent than ever before. Oliver Wyman’s promise to deliver breakthrough impact through collaboration has resulted in 76% of our clients saying we have more impact than other management consulting firms.
Our Values
Our Values
Our values are true to who we are — they distill the essence of Oliver Wyman. These values represent what it feels like to work for, and with, us
Nick Studer, CEO and President, Oliver Wyman
At Oliver Wyman, we celebrate entrepreneurialism and difference in all its forms. This means having common values to guide us is key. These shared values represent who we are and who we want to be. They help bring us together to create breakthroughs and achieve the amazing.
Be Brave
We stand behind our beliefs while exploring what drives them. We stand up for what is right and persevere through difficulty. We venture into the unknown, staying open to our greatest possibilities.
Lead With Heart
We build relationships with clients and colleagues that last, grounded in transparency, authenticity, and trust. We love what we do and have fun while we do it. And we combine this passion with rigor and skill to drive sustainable performance.
Strive For Breakthroughs
We bring deep expertise and profound curiosity to the pursuit of ambitious ideas and uncommon insights. We ask bigger questions, seek diverse perspectives, and challenge ourselves to find the most powerful and sustainable solutions.
Work As One
We succeed as a unified team of colleagues and clients, achieving together what separately would be beyond our reach. We care for and develop one another. We learn from differences, overcome divisions, and celebrate our shared achievements.
Own Our Impact
We act as entrepreneurs and stewards of the firm. We own the journey, acting with integrity at every step. And we own our impact, holding ourselves to the highest standards to deliver stronger results for our clients, better opportunities for each other, and lasting change for society.
Sustainability
Our Sustainability Commitments And Action
In 2020, Oliver Wyman achieved certification as a CarbonNeutral® company and initiated an annual offset of emissions that could not be reduced in the prior year. This marked a critical first step for our organization, enabling us to analyze our emissions and set a plan to reduce them. Approximately 75% of our historical emissions (pre-pandemic) were attributed to air travel. As such, we set an accelerated target to reduce air travel emissions by 40% per FTE by 2025, using 2019 as the baseline. We also implemented an internal price on carbon, tied to partner compensation, which took effect starting in 2023.
As a business of Marsh McLennan, our actions support the goals announced in March 2022 to achieve net-zero carbon emissions across our global business operations by 2050, with an interim target of a 50% emissions reduction by 2030.
We signed a commitment letter and have submitted targets for verification to the Science Based Targets initiative (SBTi). We are currently working on a climate transition plan to achieve our targets. For more information about our progress towards net zero, our carbon offset portfolio, and year-over-year emissions, refer to Marsh McLennan’s ESG report. At Oliver Wyman, we are deeply committed to achieving our net-zero goals. We have developed a climate strategy focused on three areas: actioning net zero, contributing to the environment and society, and engaging colleagues.
Our latest Initiatives
We are actively supporting four organizations that are developing and providing carbon removal solutions. Our focus is not just on financial support, but also on fostering employee education and engagement. Through a series of webinars, site visits, pro bono consulting engagements and ongoing educational initiatives, our program aims to not only support the scaling of these important solutions, but to transfer the knowledge to our clients and communities.
Our Climate Academy is a learning and training curriculum designed to give all consulting staff the tools they need to execute high-impact strategies for our clients through the climate transition.
GROW is a global community of colleagues who seek to make tangible impact by supporting Oliver Wyman’s commitment to sustainability, particularly at the local office level. Using our Actioning Net Zero online hub, featuring role-specific best practices and training, the GROW teams take the lead in engaging colleagues on our commitments and spreading the message that every job is a climate job.
Launched in December 2021, our GROWTrees reforestation program works with nonprofits such as One Tree Planted to allow our colleagues to have a voice in supporting reforestation projects. The focus is not just on planting, but also nurturing trees over time. Combined with in-person urban tree planting efforts, the program has supported the planting and growing of more than 100,000 trees and counting.
Additional tools are available to Oliver Wyman employees on our Actioning Net Zero hub, featuring role-specific best practices, tools and training to help the organization adapt to a more sustainable way of working. Colleagues can progress their knowledge of climate and sustainability topics on Degreed, utilize a travel carbon footprint estimator to minimize the impact of upcoming business travel, and more.
Community & Impact
OLIVER WYMAN FOR SOCIETY
MAKING A SIGNIFICANT, MEANINGFUL IMPACT ON SOCIETY
Employee volunteering and fundraising efforts, pro-bono social impact consulting projects, and nonprofit fellowships — these are the elements of Oliver Wyman for Society, a core part of the firm’s culture. We focus our programs on a singular mission: to make a significant, meaningful impact on society.
Social Impact
Oliver Wyman offers our capabilities and capacity to organizations whose work improves communities and lives around the world. We prioritize projects that support the UN Sustainable Development Goals.
Community
Oliver Wyman employees serve and strengthen local communities by volunteering and fundraising, mentoring to nonprofit organizations, and through sustainability efforts.
Nonprofit Fellowships
We provide consultants with the opportunity to take leave and put business skills to work at nonprofit organizations around the globe.
Sustainability
Green Champions of Oliver Wyman (GROW)
GROW is a global community of colleagues who seek to make real impact through supporting Oliver Wyman’s commitment to sustainability, particularly at the local office level. GROW and Oliver Wyman for Society often join efforts to sponsor hands-on and skills-based volunteering focused on the environment.
Introducing GROWTrees
In December 2021 we announced our reforestation program, GROWTrees. Since then, we have worked with the nonprofit, One Tree Planted, to give our colleagues the opportunity to have a voice in supporting seven reforestation projects throughout the globe that focus on not just planting, but growing trees over time. These projects also provide co-benefits that protect wildlife, promote food and water security, support indigenous communities, and improve long-term climate resilience. We also recently joined the Million Mangroves Program with Climate Impact Partners, and continue to find opportunities to volunteer for urban tree planting in our communities.
Climate Academy
Oliver Wyman’s Climate Academy is a learning and training curriculum designed to give all consulting staff the tools they need to execute high impact strategies for our clients through the climate transition. Our program expands upon the Climate Risks Online Academy developed in 2019 with the European University Institute (EUI), with curriculum built in partnership with top tier external providers and internal experts.
Antarctica Ambassadors
In 2022 we revived a special tradition and sent a colleague on an expedition to Antarctica with Sir Robert Swan and the 2041 foundation. Our ambassador, New York-based Principal, Kaja Pergar, was the winner of a blind essay contest and joined others from 35 nations to witness the effects of climate change on Earth’s southernmost continent. Her work will continue as she tells her story to colleagues, clients, and others to raise awareness of the challenges we face together.
Inclusion & Diversity
AMAZING MEANS ALL OF US
At Oliver Wyman, our ambition is to create a sense of belonging for each of our people through our words and actions. We want all our people to be their best selves at work, exercising their right to be included and their duty to include others.
We aspire to be positive role models at the individual, corporate and societal level. In all that we do, we prioritize equity, value inclusion, and expect respect. This is not simple to do — it takes all of us to work together on a journey of continuous improvement and evolution.
We each commit to generously support and encourage one another to do better while providing challenge and accountability. Our work and our values are global, and regardless of where we are we will adhere to these principles and invite our clients and strategic partners to join us in pursuit of this vision.
Inclusion is a team effort at Oliver Wyman. No single person is responsible for this work — it takes all of us. That’s why I’m proud of our progress, and excited to see how each new colleague builds and grows our inclusive culture. We embrace difference and empower our people to challenge the status quo. No two days are the same here, and that’s the beauty of how diversity shows up in every facet of life at Oliver Wyman
Roianne Nedd, Global Director of Inclusion, Diversity and Belonging, Oliver Wyman
4 Pillars
Our people
Our people are the foundation of our success. Our differences make a difference.
Our culture
Our culture is the sum total of each of our actions. Together we are Oliver Wyman.
Our clients
Our clients become partners in more than business. Together we learn, shape and grow.
Our brand
Our brand is our legacy. It’s who we are and what we stand for