Conves

Meet Our Team Members: Joshua Gran Who am I?  Hi, I’m Joshua, Engagement Manager at Conves. I joined at the beginning of 2023, and it’s been an exciting journey ever since! What do I do?  I work on projects across various industries, helping clients achieve their goals while also contributing to new business ideas within our venture projects. This combination allows me to tackle a wide range of challenges, from developing tailored solutions to implementing them in close collaboration with our clients and team. What I like about my job:  I enjoy working on diverse and impactful topics in the consulting environment while collaborating with a dynamic and talented team. The variety of perspectives and the shared drive for success allow both our clients and our team to thrive. How do I switch off from work?  I recharge by spending time with friends and family or staying active through sports like football or padel. If you’re looking for a collaborative team with exciting projects and entrepreneurial spirit, feel free to reach out—I’d be happy to connect! 🚀 #talent #growth #consulting Malte Landwehrmann Nico Eppert Stella Hildebrandt Johannes Rupp Ben Scholich Carolin Kuschke

Conves Unleash - further developing our ecosystem! In September, we have launched Conves Unleash #1, our quarterly update where we share information around: 🏢 Our company growth story with an outlook for the upcoming months 🔍 Updates and insights on our service portfolio, project findings and general market trends 💭 Interesting topics, e.g. innovations and advances that inspire us and shape our work In 3 weeks, we will publish our second edition, where we will share new insights and impulses. If you want to receive Conves Unleash #2, feel free to sign up here ➡️ https://lnkd.in/eZWNqRDi or hit us up 👍 Malte Landwehrmann Joshua Gran Nico Eppert Stella Hildebrandt Ben Scholich Johannes Rupp Carolin Kuschke

Perspective: Lost in the Numbers: Why understanding key business KPIs is essential especially in times of crisis. Question: Where does a company truly profit, and how should resources be allocated to ensure effective investment and divestment? Obeservation: Many organizations, despite having access to vast amounts of data, struggle to identify the actual sources of their value creation. This uncertainty stems from a variety of interconnected issues. Often, strategic planning is driven more by intuition than by data-driven insights. Legacy systems and processes can obscure the value creation and drainage, making it difficult to trace the flow of impact. Moreover, a lack of centralized oversight means that no single individual or team has a complete understanding of the company's financial data. Compounding these problems are data quality issues. Incomplete or inaccurate data can undermine the reliability of financial reports. Additionally, many organizations tend to focus on historical performance, analyzing past results rather than proactively forecasting future trends. This rearview mirror approach can hinder their ability to identify emerging opportunities and risks. Consequently, businesses find themselves navigating through a fog of uncertainty, unable to confidently answer the fundamental question of where their profits truly originate. Root Causes: 1️⃣ Systemic complexity: The combination of IT systems, data analytics tools, management processes, and sales strategies creates a labyrinthine environment that obscures financial insights. 2️⃣ Historical success: A track record of positive performance can foster complacency, masking underlying weaknesses. 3️⃣ Resource constraints: The lack of dedicated resources and expertise for financial analysis and reporting is a common bottleneck. Potential Levers to address these challenges: 📃 Lean data and reporting framework: Implement a robust data infrastructure and develop a lean and comprehensive reporting framework to provide clear and actionable insights based on a few important core KPISs (less is more). 🔍 Accountability and ownership: Establish a clear reporting structure that assigns responsibility for specific KPIs to individual teams or business units. 📈 Predictive Analytics: Shift from a purely retrospective view to a forward-looking approach to identify trends and risks before they become critical, allowing for timely adjustments. #Analytics #Consulting #Growth #Opportunity #Reporting #Data Malte Landwehrmann Nico Eppert Joshua Gran Ben Scholich Stella Hildebrandt Johannes Rupp Carolin Kuschke

Meet Our Team Members: Stella Hildebrandt Who am I? Hi I'm Stella, Senior People Expert at Conves since September 2023 and it’s been a fantastic journey so far! 😊 What do I do? My focus is on building high-performing organizations by optimizing talent acquisition, development, and retention strategies. What I like about my job: I particularly enjoy the opportunity to actively shape corporate growth by aligning people strategies with business objectives. I love seeing teams grow and develop and helping both individuals & organizations to thrive. How do I switch off from work: Outside of work, I love staying active and enjoying good food. Nothing beats a long run or a game of padel, followed by a well-deserved glass of wine. If you are looking for a dynamic, collaborative, and growth-focused environment, I would be happy to hear from you! Check out our open positions or reach out to me directly 🚀 #talent #growth #consulting Stella Hildebrandt Malte Landwehrmann Ben Scholich Joshua Gran Johannes Rupp Nico Eppert Carolin Kuschke

Perspective: The AI Skills Paradox: A Pressing Challenge for Businesses Question: How will the increasing adoption of AI impact workforce need and necessitate new demands for up- and reskilling? As AI technologies continue to evolve at an unprecedented pace, organizations worldwide are struggling with the profound implications for their workforce. While AI offers immense potential to automate routine tasks and drive innovation, it also raises concerns about job displacement and the need for significant workforce transformation. Observations: The escalating integration of AI into business processes is poised to automate a wide array of tasks, particularly those associated with standardized roles. Activities such as translation, content creation, and contract drafting are increasingly being handled by AI systems. This development has sparked considerable anxiety among knowledge workers, who fear job displacement and uncertainty about their future roles in organizations heavily invested in AI. Concurrently, the persistent gap between the supply of skilled workers and the demand for their expertise is further exacerbated by the increasing demand for specialized skills necessitated by AI adoption. Root Causes: 1️⃣ Shifting focus of automation: While automation has historically targeted blue-collar jobs, AI is increasingly encroaching on white-collar work. 2️⃣ Uncertainty and rapid change: The rapid pace of AI development has created a high degree of uncertainty within organizations, making it difficult to predict future skill and talent requirements. 3️⃣ Skills mismatch: A fundamental disconnect exists between the skills required for the jobs of the future and the skills possessed by the current workforce. Potential Levers: ✅ AI readiness assessment: Organizations must conduct a thorough assessment of their AI readiness, identifying areas where AI can be most effectively deployed and developing a roadmap for implementation. 🧑🎓 Human-centric investments: Investments in AI must be accompanied by investments in human capital. This includes providing employees with the training and support they need to work alongside AI tools or transition into new roles. 🚀 Collaborative AI-Human Workforce Models: Focus must be on collaborative frameworks where AI enhances human capabilities, leaving more time for skills like creativity, critical thinking, and emotional intelligence. #AI #Consulting #Growth #Opportunity #Learning #Upskilling

Meet Our Team Members: Nico Eppert Who am I?  Hi, I'm Nico, Engagement Manager at Conves. I started in January 2023 and since then it has been quite a ride 😊 What do I do?  Primarily, I work on consulting projects where we help our clients realize their strategic goals. The challenges we face are quite diverse, so our most important assets are our methodological approach to problem-solving and a strong "get-things-done" attitude. What I like about my job?  I love being part of building a company from scratch. I get to work with incredibly smart people, tackle a wide range of topics, and take on responsibility in a dynamic and ambitious environment. Every day brings new opportunities to grow and make an impact on our clients and Conves. How do I switch off from work?    Besides always making time for sports, I love to travel and see new places – e.g. I took a 6-week leave at the beginning of the year to explore Southeast Asia. If you are looking for a dynamic, collaborative, and growth-focused environment, I would be happy to hear from you! Check out our open positions or reach out to me directly. https://lnkd.in/eqkWy2kg #ConvesCareers #Consulting #Transformation #WeAreHiring #CareerGrowth #CompanyCulture 

We Enable To Thrive: How Venture Building Elevates Our Consulting Services 🚀 At Conves, we actively engage in venture building to deepen our understanding of the challenges our clients face. By creating and scaling our own ventures, we gain practical, firsthand experience that directly informs and enhances the consulting services we offer. This dual approach enables us to deliver solutions that are not only strategic but also grounded in the realities of building and operating successful businesses. Our venture building activities empower our team to innovate and test new ideas, while simultaneously refining our ability to provide clients with more effective, tailored strategies.  As we explore new opportunities (with exciting developments on the horizon – stay tuned), we remain committed to leveraging our entrepreneurial experience to drive greater value for our clients. At Conves, we are partners in growth, applying real-world insights to deliver meaningful results. 🚀 #VentureBuilding #Consulting #Innovation #Entrepreneurship #StayTuned Malte Landwehrmann Joshua Gran Ben Scholich Nico Eppert Stella Hildebrandt Johannes Rupp Carolin Kuschke

Meet Our Team Members: Ben Scholich Who am I?  Hi, I'm Ben, Senior Associate at Conves. I joined the team in June and have been enjoying the journey ever since. What do I do?  I work with clients to support them in achieving their transformation goals, helping them navigate and implement their projects effectively. What I like about my job?  From day one, I feel like an integral part of the company. I particularly enjoy the variety of projects I can work on paired with a team that supports each other in every situation while celebrating the wins we achieve together. On top of that, I love that I am not only focused on client work but also get to contribute to company-building tasks, making each day different. How do I switch off from work?  Everything from rowing or running in the morning to taking the time in the evening to meet friends brings a good balance into my day.  If you are looking for a dynamic, collaborative, and growth-focused environment, I would be happy to hear from you! Check out our open positions or reach out to me directly. https://lnkd.in/eDhSugvq #ConvesCareers #Consulting #Transformation #WeAreHiring #CareerGrowth #CompanyCulture Ben Scholich Malte Landwehrmann Joshua Gran Stella Hildebrandt Carolin Kuschke Johannes Rupp Nico Eppert

Conves People Trends Monitor 2024 🚀   “People Power: A skilled workforce is a key for realizing positive change” At Conves, our focus lies on enabling organizations to thrive by helping them realize their strategic goals. Part of our mission is to understand the underlying dynamics to serve our clients better. For this reason, we established the Conves People Trends Monitor focusing on the element of “Engaged & Enabled People”. In our research, we surveyed leaders from HR functions as well as leaders from operational line departments. Survey participants covered various industries from insurance to manufacturing as well as transportation & logistics; company sizes ranged from 200 to 15.000 employees, all based in Germany. The analysis of the responses brought five major findings to the surface: 1️⃣ Having engaged and enabled people on board is crucial, yet remains a big challenge: More than 90% of participants identified their employees as essential for realizing their strategic goals. However, also almost 90% of them stated that they are not fully satisfied with their recruiting and people development. 2️⃣ Attracting talent is especially challenging for companies headquartered in rural areas: Participants from organizations based outside of urban areas are two times more likely to face challenges in attracting talent. Most of them belong to the category of mid-corps, while start-ups and corporates in the large cities have less issues with recruiting. 3️⃣ While people development efforts are common, few are tailored to specific skill needs: All participants are somewhat providing up- and reskilling offerings to their employees. More than 75% do not consider them fully effective, however. The main reason for this is a budget-related one-size-fits-all approach rather than a program linked to individual skills. 4️⃣ Smaller companies are faster in adopting AI technologies than large corporates: The majority of participants is experimenting at least to some degree with AI-based technology. Smaller and hence likely younger companies appear to be more effective in their adaptation to reduce human workload. 5️⃣ Players with strong recruiting, skilling and leverage of technology are more optimistic: When asked about their expectations towards the future, those participants more satisfied with their people-related performance were also notably more optimistic. This suggests that indeed, engaged and enabled people are a major success factor for realizing strategies. Those findings should encourage HR executives and functional leaders alike to keep investing in their workforce. Also with technological advancement the “human factor” will prevail to make a major difference in driving positive change. We are encouraged by these results of our first research project and will expand our efforts in the future. Malte Landwehrmann Joshua Gran Ben Scholich Stella Hildebrandt Carolin Kuschke Nico Eppert Johannes Rupp