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Impact investing


Watson Wyatt consolidates for cross-border market

EUROPE – Consultant Watson Wyatt is seeking to strengthen its European consulting activities for multinationals by integrating its international practice more closely with its general consultancy practices, a move it says reflects the fact that companies are increasingly looking to operate on a global basis.

“Increasingly, our clients look to us for global relationships and our ability to advise both locally and on global issues,” says Paul Belcher, Watson Wyatt partner who led the review of Watson’s organisational structure.
“Our intention is to facilitate a greater focus on client needs internationally, as opposed to offering separate services.”

Simon Dudley, partner at the company, is now head of its international group and will chair a strategy council concentrating on cross-practice solutions, multinational relations and international projects.

“We are finding that there is a rapid change in the extent to which companies wish to operate on truly global lines. The increased combination of our various skill sets across Europe will ensure that we are well placed to identify and act upon our international client’s consulting needs,” says Dudley.

Paul Belcher, who has been head of the international practice is stepping away to focus on account management.

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