CASE STUDY OLIVER WYMAN Why did Oliver Wyman choose to locate and grow in Having relocated to the region, do you think North Global consulting firm North East England? We saw the opportunity to set up a team of data and analytics East England provides employees with a good work/ life balance? growing rapidly in specialists in a location that could offer great value for money for our clients and also a really good quality of life and high access to talent. I have two kids and, for me, Newcastle makes it possible to have a balance. You can choose to work all day in the city centre and still be Newcastle city centre Other places were also being considered internationally, however, our HQ is in London and Newcastle is only three hours away by train. It able to take the kids to school. It can be hard to juggle the consulting lifestyle but I think we’re forging a path here, especially compared with bigger cities where you have to travel further. was also critical that, wherever we set up, we had access to really good graduates, which usually means choosing a vibrant city location. Newcastle also offers more options for our employees in terms of Oliver Wyman is a global strategy consulting Newcastle fitted the bill. building their lives, being able to save money, and having choices firm with offices in 60 cities across 31 countries. about where to live. How important was access to skills and talent in your People are also much more able to enjoy the outdoors and pursue In 2018, the firm set up a new base for its data decision to expand in North East England? sports and hobbies outside work, and we’re making the most of the and analytics team in Newcastle city centre. Cate Kalson, Director, explains why the firm Oliver Wyman primarily hires graduates and Durham and Newcastle beaches as well – we have a volleyball tournament happening with all universities have strong analytical disciplines like maths, physics and our interns on the beach in South Shields this summer. chose North East England for its latest expansion. engineering, which we typically recruit from. Being here means we can leverage the recruitment brand we’ve spent time and energy Has moving here met your expectations (for yourself building, and recruit in a place where we have really good access and for the business)? to talent. I’d say it’s exceeded our expectations, particularly in terms of the talent we’ve been able to attract. We’ve not struggled to sell the region, Oliver Wyman has offices all across the world. particularly to graduates, regardless of where they are What are the benefits of having a base in North graduating from. East England? Real estate costs were a primary cost driver and Newcastle compares Why should other business services companies consider really well against the other locations we were looking at. relocating or expanding in North East England? The transport connections are also important. Post-COVID, we’ve seen Think about how you build a community, and choose a place where a massive shift in what clients expect and the whole company has people will really enjoy being. been working remotely for the last 18 months, but as we go back to Setting up in a place where you can afford a good office in a good normal there will still be the opportunity for our teams to travel and location makes this easier, and Newcastle is a great option if you want work with clients in different parts of the world, and Newcastle Airport the vibrancy of city life, combined with a size that’s conducive to Cate Kalson, Oliver Wyman makes that possible. having a community of people that can get together. Contact us today to see how we can support your business move to North East England [email protected] + 44 191 519 7215
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