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© Oliver Wyman, LLC. All Rights Reserved.
© Oliver Wyman, LLC. All Rights Reserved.
Oliver Wyman’s purpose is to accelerate breakthroughs, and in 2022 our colleagues carried that standard to their work for nonprofit organizations. In this year’s edition of the Oliver Wyman for Society Digital Magazine, you will find stories highlighting those efforts across the globe.
While much of the firm’s volunteer work focused on supporting the people of Ukraine, that did not deter Oliver Wyman colleagues from their usual commitments to local charities and major nonprofits through social impact consulting work. Explore our global impact map to learn how colleagues contributed to their communities, supported our commitment to sustainability through reforestation, and served charities through our nonprofit fellowship program. In this report you will also find a review of the multiyear partnership between Oliver Wyman and Save the Children, reflecting on how we have supported the nonprofit organization in a variety of ways, such as developing leadership training and creating new funding models from the UK to India and beyond.
We hope the stories of colleagues’ generosity and creative contributions will inspire us all to continue seeking opportunities to put our expertise to work making the world a better place.
From our society to yours,
The Oliver Wyman for Society Team
When Oliver Wyman employees collaborate, they do great things. In this section, we feature three stories of colleagues who came together to create lasting impact. A group of employees in Warsaw pooled their resources to help Ukrainian refugees, and inspired colleagues around the world to join them. A longtime partner with a special talent for auctioneering spread his joy for charity auctions across the land. And with multiple projects over several years, Oliver Wyman colleagues partnered with major international nonprofit Save the Children.
Supporting Ukraine From Day One
Oliver Wyman offered immediate aid to Ukrainian refugees and long-term support.
Charity Auctions Inspire A Tradition Of Joyful Giving
With humor and not-so-subtle pressure, Rich Yannaco persuades Oliver Wyman colleagues to open their wallets for good causes.
Seven-By-Seven For Save The Children
Through seven projects over seven years, Oliver Wyman helped a major global nonprofit expand its resources.
Oliver Wyman offered immediate aid to Ukrainian refugees and long-term support.
When Russia invaded Ukraine in February 2022, the war quickly spread nearly to the steps of Oliver Wyman’s office in Warsaw. And the impact touched colleagues around the world.
Drawing on their Oliver Wyman training, education, leadership, and empathy, colleagues addressed a range of needs, collecting donations, supplies and toys for refugee families, organizing places for refugees to stay, mobilizing the Oliver Wyman refugee employment program, and stepping up to put systems in place to organize global efforts to help Ukraine. Marsh McLennan activated a giving opportunity for colleagues with a commitment of matching funds that quickly raised over $1.4 million for three charities working on the ground in Ukraine. As one colleague in Warsaw said: “We knew we had to take action, do something, to stop the feeling of powerlessness.”
This is the story of Oliver Wyman’s response to a war that changed the world.
One way to find people who needed help was just by responding to Facebook posts. Hostels would post daily explaining the supplies they needed the next day, or people from train stations on the borders would announce that refugees had arrived who needed to be metMarta Wierzbicka, Regional Manager for Design, Translation, Presentation, Oliver Wyman
Many began volunteering and organizing help individually, but they soon recognized the efforts could be stronger and more effective with the support of the firm. The Warsaw Taskforce was born, an employee-led group in the Warsaw office dedicated to supporting Ukrainian refugees in Poland.
I remember the first time I visited a Ukrainian family who had settled into their temporary accommodation in Warsaw. An old woman answered the door. She only spoke Ukrainian, but I could understand broken words — ‘thank you,’ ‘God,’ ‘war,’ — and we were hugging and crying. My heart broke as I thought about my mother, who is about the same age. The war was very existential for everyone in PolandDominika Fudala, Senior Human Capital Coordinator, Oliver Wyman
Taskforce members helped out any way they could, from packing and delivering supplies to NGOs to helping families who had arrived in Warsaw locate temporary housing, fill out paperwork, and find schools, jobs, and childcare.
I was the shoe lady. It was when I was volunteering in a gym in a school where refugees were sleeping that I noticed bags of shoes in terrible condition. No one should wear shoes like that. And the vast majority of the refugees in this gym were children. I thought I would sponsor new shoes to give to refugeesKornelia Weber, Knowledge Analyst, Oliver Wyman
The Warsaw Taskforce collected donations of money and supplies, which it distributed to nonprofits helping the needs of people most impacted by the war. The Taskforce was recognized for its inspirational work by the European Diversity Awards in 2022 with the Community Project of the Year Award.
I am originally Ukrainian. One particularly moving moment was when we were able to pay for 30 or 40 tickets for refugees, mostly children, to attend a professional football match to see Legia Warszawa vs. Dynamo Kyiv. These children, possibly for the first time in months, were able to be in the moment and focus on sports for a little whileViktoriia Rudenko, Workflow Coordinator for Design and Production, Oliver Wyman
The taskforce’s work is entering a new phase as the needs of refugees shift to long-term support. Warsaw colleagues continue to draw on their Oliver Wyman skills of leadership, flexibility, and organization to meet the changing needs of Ukraine.
Quickly Launching An Employment Platform In Spain
Read moreThe Spanish government coordinated efforts to accommodate hundreds of thousands of Ukrainian refugees. Immediately after the war began, Spanish authorities asked Oliver Wyman for help developing a plan for the refugees’ long-term inclusion in the country. Within a matter of weeks, Oliver Wyman and other partners on the project launched an online platform for Ukrainian refugees to find jobs tailored to their needs.
Read moreCoordinating Education And Language Resources In Germany
Read moreGermany soon became a key destination for many Ukrainian refugees. To coordinate the resources of various government agencies and nonprofits, ProjectTogether, a social services umbrella group, started Alliance4Ukraine. An Oliver Wyman team helped develop the education and language aspect of the alliance’s network of interlocking services. The Alliance4Ukraine now consists of over 450 civil society organizations, foundations, governmental institutions, and businesses.
Read moreHiring Ukrainian Refugees At Oliver Wyman
Read more
Oliver Wyman shifted the refugee hiring program into high gear to match Ukrainians with open positions and other needs within the firm. In 2022, Oliver Wyman hired 15 Ukrainian refugees, 11 in temporary positions and four in permanent roles. The new hires work in Poland, England, Germany, Spain, Ireland, and Canada and include executive assistants, marketing professionals, consultants, interns, and more. This amounts to an extremely active year for a program that, between 2016 and 2019, hired 17 refugees total.
Joining Oliver Wyman has been a life-changing opportunity that has enabled me to come back to the workforce from maternity leave, leverage my previous experience, gain new skills, and balance it with childcare in such challenging situationOlha Babenko, Team Assistant, Frankfurt
Olha left Ukraine with three small children when the bombings started. Her sister, Oliver Wyman Executive Assistant Liliya Marchenko, offered a safe place to stay in Germany and invited Olha to apply for a position through the refugee hiring program.
Meet Olha and some other refugees hired in 2022 through Oliver Wyman’s Refugee Hiring program: Katya, Anastasiia, Nataliia, Nataliia & Vicka, and Daria
The vice president for Oliver Wyman Vector's aviation and transportation consulting business was born in New York to Ukrainian parents, who lived in a Ukrainian neighborhood, and spoke to her in Ukrainian, her first language. When Russia invaded Ukraine, Oksana soon heard from her cousins and from aide groups she had long supported what supplies people in Ukraine needed and where. And she had the expertise and transportation contacts to deliver.
Shipping the supplies to refugees and the frontlines was costing them so much money, and I knew I could help
Oksana asked around her network of transportation executives and cargo planners for carriers willing to donate capacity to ship basic necessities to nonprofits helping refugees in western Ukraine and to the frontlines in eastern Ukraine. Next, she engaged several Oliver Wyman partners to work their contacts to ask about cargo space, and Partner Dennis Santare came through. His connections with a client, a US-based cargo operator, secured 20,000 pounds of donated cargo space to move supplies from the United States to Europe. Oksana also found carriers that gave her deep discounts, and she worked out logistics on the ground to get supplies to Ukrainians in need. In April, she and her brother traveled to Ukraine with 68 suitcases full of relief supplies, taking advantage of a relief program at Poland’s LOT Airlines.
Mostly what I was bringing over was humanitarian aid, as well as bulletproof vests, helmets, and boots that we dispersed in Ukraine to the frontline
Her family connection to Ukraine drives her volunteer work. Some relatives are fighting on the frontlines, one is removing unexploded bombs, and another is a police officer. Her parents were involved in the Ukrainian independence movement, and she imagines they would be shocked by the 2022 war if they were alive to see it.
I can’t get over how my parents fought and finally saw Ukraine win its independence, and then one generation later, my generation, we’re back here again
But it’s her career connections that make her volunteering effective, and Oksana’s latest project, called SunLight Ukraine, ties together her family and Oliver Wyman network. A fellow Ukrainian American told her about a US company that makes solar lanterns and wants to donate the devices to Ukrainians who have lost electricity. The lanterns, which can also be used to power phones or small appliances, need transportation from factory to warzone.
For me, it’s very emotional
While she is in the US working out logistics through her Oliver Wyman network her cousin is in Ukraine helping with distribution, “and we’re both working together.”
You can donate to the SunLight Ukraine project through Charter for Compassion.
With humor and not-so-subtle pressure, Rich Yannaco persuades Oliver Wyman colleagues to open their wallets for good causes
Charity auctions have long been an important part of Oliver Wyman’s culture. Partners, consultants, and support professionals regularly rally their networks to contribute valuable and often unique auction items — and then throw a party to bid on the goods. The afterglow from these nights of joyful giving lasts long past the final bids.
At the center of the action is Rich Yannaco, a partner in Oliver Wyman’s Boston office, who has volunteered his well-practiced auctioneering voice for these occasions for almost three decades. Rich helped organize the first Oliver Wyman charity auction in his hometown in 1994. When he picked up the mic to whip up some excitement, he suddenly had a job for life.
Since then, charity auctions have rippled across Oliver Wyman offices around the world, many inspired by Rich and his work in Boston, and those auctions, in turn, prompting more. Each office has developed its own auction tradition and style, and together, they amount to an outpouring of the connections, creativity, competitiveness, and deep generosity at the heart of the firm’s culture.
Rich says he first became intrigued by auctioneers when a buddy from college invited him to his company’s industrial auction. The secret to the charity auction, he says, is more than a rapid-fire voice, but also learning to read the crowd, plan for spontaneity, and tell a few corny jokes.
You see who's excited, who's listening, and who's not listening. People want to be engaged
For example, if someone donates a dinner for 12 people, Rich will ask the donor ahead of time to do a second dinner if bidding reaches a certain amount. Then, during the auction, when bidding gets hot, he seemingly surprises the audience by publicly pressuring the donor to offer a second dinner to double the bids. “During the auction, when the price hits that amount, I say, ‘I can't believe it! You'll do another one, won't you, won't, you, won't you?’ So it seems like I'm pressuring the donor, but I already have the answer,” he says.
His tactics have been successful. Over 28 years in seven North American cities, Oliver Wyman auctions have brought in more than $5.6 million for charity. And while people love to bid on luxury beach vacations and high-end steakhouse dinners, the most popular items are all about connections among Oliver Wyman colleagues. That is, dinners hosted by Oliver Wyman partners. Rich, for example, donates each year an Italian dinner for 12 that he delivers to the winning bidder’s home, arriving with a chef’s apron and serving up an eight-course meal.
But more special to Rich is what he calls “raise your paddle,” a point near the end of the auction when he calls on everyone to simply give, and give generously. Last year, before the Boston auction, Rich heard from a former partner who had been touched by how much the raise-your-paddle item raises. The previous year, the item had fetched $70,000 of the $160,000 total the auction brought in for charity. The former partner said if the item raised that much again in 2022, he would contribute $70,000.
On the night of the auction, Rich told the crowd the story of meeting the former partner for lunch and having an emotional conversation about the values their parents taught them, and how blessed they had been in their lives. The raise-your-paddle round netted $90,000, and so the former partner donated $70,000 as agreed. It was important to him that his charitable giving be linked to Oliver Wyman. In all, the Boston office’s 2022 auction collected an all-time record of $272,000 for charity.
What were his magic words? “I spoke about how this person ended up coming to Oliver Wyman and left us and became very successful financially,” he says. “And while their upbringing helped, it was the toolkit acquired, relationships cemented, and the lessons learned at Oliver Wyman about giving back that really made a difference.”
Through seven projects over seven years, Oliver Wyman helped a major global nonprofit expand its resources.
Oliver Wyman worked on seven impactful projects for Save the Children over seven years, creating a deep, impactful relationship with one of the world’s leading nonprofit organizations. Some of the projects built upon one another, such as developing critical leadership training for humanitarians around the world. Other projects that were conceived as separate initiatives wove together and expanded Oliver Wyman’s insights, such as initiatives to create new funding models for Save the Children entities. A review of the years-long relationship shows the power of marrying Oliver Wyman’s international expertise with a high-impact, global nonprofit.
When I began my first project with Save the Children, I was one of the founding partners in the Social Impact program in the UK and was attracted by the opportunity to build something that would have a lasting impact on the humanitarian sector. It is really pleasing to see the project continue and deliver such successJames Bryan, Partner, Oliver Wyman
With Oliver Wyman’s help diversifying its funding base, developing leaders, and improving operational efficiency, Save the Children has expanded its resources. And that means more help for some of the world’s most vulnerable people.
Save the Children appreciates our longstanding partnership with Oliver Wyman through various in-kind consulting projects. Oliver Wyman has helped us tackle some tough challenges so that we can continue to deliver critical impact for children around the worldJanti Soeripto, President and Chief Executive Officer, Save the Children U.S.
Developing humanitarian leaders
Leadership development is just as important for nonprofits as it is for corporations. By training humanitarian leaders, Save the Children ensures the world is better prepared for future humanitarian crises.
First, in 2015, Oliver Wyman helped the Humanitarian Leadership Academy develop a sustainable business model for its local academies and set a pricing model for the learning products created by each of the local academies.
Three years later, the team returned to the Humanitarian Leadership Academy to develop a high-level operating model and business plan for the nonprofit’s HPass initiative. Oliver Wyman helped HPass to scope a pilot that tested the value proposition of its service offering. Ahead of the 2019 launch of HPass, Oliver Wyman outlined key considerations for a sustainable funding model that the initiative could rely on as their product and reach expanded.
I joined Oliver Wyman because I wanted to learn the business tools that could improve social outcomes and inject that perspective into development and humanitarian work. My first project at Oliver Wyman was with Humanitarian Leadership Academy – it was a great introduction to the firm and how we add value in pro-bono workElizabeth Hoyler, Engagement Manager, Oliver Wyman
Corporate partnerships in the Netherlands
Corporate partnerships are a strategic priority for Save the Children, and after a successful pilot in the Netherlands, the nonprofit was ready to expand. The group’s Dutch office in 2019 asked Oliver Wyman to help make the pilot approach scalable and to help embed the strategy in the organization.
We’re pleased to have contributed to Save the Children’s corporate partnership strategic plan. It has been a privilege to work with a team united by their desire to improve the lives of children in needMarco Kesteloo, Partner, Oliver Wyman
Oliver Wyman mapped out a business case for corporate partnerships and clarified responsibilities of different teams. The nonprofit adopted a shared ambition for its corporate partnership team in terms of partner portfolio and investment in the capabilities needed. Better alignment of different teams' priorities resulted in freeing up capacity for developing innovative cooperation models.
Oliver Wyman and Save the Children remained in close contact for the following year and set up a thematic roundtable for interested corporations to grow the nonprofit’s network. As organizations focus on sustainable development goals, cooperation among different actors will become more important, and Oliver Wyman can play the role of convener and facilitator.
Fundraising in Asia during economic change
The rapidly changing socio-economic outlook and local regulations in Southeast Asia have created significant implications for the development sector. Oliver Wyman conducted two key projects to address specific fundraising challenges in the region.
Despite global recognition of its brand and impact, Save the Children historically faced challenges in corporate fundraising in Asia. The group asked Oliver Wyman in 2019 to help with a new strategy.
The Oliver Wyman team lead by Partner Tim Coyler reviewed the corporate sponsorship strategy and constructed a new one, including steps for implementation. Save the Children said it intends to execute all proposed recommendations, setting up the nonprofit for a significant increase in corporate fundraising in Asia.
Tim continued his work with Save the Children the following year to help develop a target operating model for middle-income countries, beginning with a test case for Thailand.
It came at a time of massive personal change and reflection for everyone, and I recall feeling good that about doing something good for the world. That’s always the case with social investment work, but this had an extra charge because it took place during the pandemic lockdownTim Coyler, Partner, Oliver Wyman
Save the Children Thailand relied largely on funding from foreign government aid agencies such as USAID and the European Commission. As some Asian countries, such as Thailand and Indonesia, have become wealthier, funding from these institutional donors has decreased. The nonprofit needed alternative funding models, which required navigating country-specific regulations about donations.
The most impactful part of the project was the interviews the team conducted with the nonprofit’s program managers, whose stories about why they launched various programs showed the critical importance of the work Save the Children doesAnosh Pardiwalla, Partner, Oliver Wyman
Oliver Wyman’s solution involved a greater role for corporate donations and local funding teams. One of the key aspects of the project was refraining from offering one solution, and instead building the capabilities for Save the Children to continually develop its operating model across in Asia as social economics change.
Our program footprint has been maintained, even though we have seen decreasing donor interest from our traditional funders. Some of the key areas of work maintained include migrant education in border areas and youth life skills for success in conflict areas. The project also triggered a shift in mindset among Save the Children staff, by developing an understanding that our business model had to change, and by developing together a picture of what those changes might look like, and what it would take to get us there. We have made significant progress: We’ve established a corporate fundraising function, and we are testing individual giving as a future growth lever, with a digital fundraising pilot under developmentGuillaume Rachou, Programme and Business Transformation Lead, Middle Income Country Unit, Save the Children International
Diversifying funding sources in India
That same year, another Oliver Wyman team conducted similar work for Save the Children in India. With changing regulatory and industry trends for fundraising in India, the nonprofit needed to diversify philanthropy beyond traditional grants. The group asked Oliver Wyman to define a three-to-five-year strategy for innovative funding.
Due to new local regulations, Save the Children in India faced the possibility of a significant decrease in donations. The India team heard about our work and reached out to us. Oliver Wyman defined a strategy to diversify funding for Save the Children India, including some new businesses such as setting up a social enterprise and launching a development impact bondAarti Nihalani, Partner, Oliver Wyman
Since traditional donors were expected to continue to provide the bulk of the funds in the near future, Oliver Wyman also recommended strategies to improve traditional fundraising and make use of data and technology to improve organizational efforts to raise funds.
The team gained board and management buy-in for the new approach and accelerating adoption to within six months. Through Oliver Wyman's support, the client was able to translate its broad vision for innovation into quantifiable targets and steps and adapt to changes in the market. The project created valuable insight on innovative and emerging funding opportunities that can be applied to other nonprofit clients.
Addressing the organization’s culture
Save the Children’s Cambodia office in 2022 asked Oliver Wyman to redesign organizational processes to ease the feeling of being overburdened and improve effectiveness.
Oliver Wyman reviewed the organization’s processes and suggested a redesign. The team drew on experience in organizational effectiveness and reached for tools to help make meetings more effective, recognize employee contributions, address credibility gaps with staff, and help make the cultural shift.
Oliver Wyman supported Save the Children in Cambodia to undertake a strategic workload analysis and streamline systems and processes around a number of functions. The team was highly professional and helped us navigate a number of challenging questions, leading to a few concrete changes in how we operate. This has freed up our time and resources to focus on delivering quality programs for childrenElizabeth Pearce, former Country Director, Save the Children Cambodia
The team identified root causes for local staff challenges and organizational challenges that should be addressed at the international level. Oliver Wyman redesigned key organizational processes together with the nonprofit.
In terms of longer-term impact, our program operations staff survey in late 2022 shows many of Oliver Wyman’s recommendations have been implemented, enabling the program operations team to make a range of improvements to staff workload and workflow, effective meetings and information sharing, and improving staff well-being overall. Thank you!Mot Sana, Director of Program Operations, Save the Children Cambodia
Seven-by-seven isn’t the end of the story for Oliver Wyman and Save the Children. It’s only the beginning of a friendship with the power to broaden the resources and deepen the expertise of everyone involved, while working to make sure children around the world get to eat, go to school, and fall asleep in warmth and safety each day.
Stories of breakthroughs abound in Oliver Wyman’s support of nonprofit organizations, and here you will find many examples. In a year marked by war and global hunger, Oliver Wyman colleagues dug deep to help. The firm launched a major initiative to draw on technology to end world hunger. Other Social Impact projects improved the operations of nonprofits around the world, supported children experiencing mental health crises, helped women stabilize income by planting fruit trees to attract bees to a forest, and many more. Further, Oliver Wyman offices organized volunteers to help mentor children, pack food bags, find shelter for refugees, and other projects. The generosity continued to the end of the year, as holiday charity auctions raised record amounts.
Roll over the map locations to learn about the giving of Oliver Wyman offices across the globe.
Netherlands