Host: Barb Renner, partner, Deloitte Tax LLP
Presenters: Justin Cook and Rich Nanda
We are cautiously optimistic about the Consumer Products industry in 2021 but recognize the environment is still one of substantial uncertainty and risk. Nevertheless, uncertainty will not translate into inaction for the industry’s leading companies. We’ll discuss:
- The Deloitte 2021 Consumer Products Industry Outlook and a series of “no regret” strategic moves useful in scenarios that could unfold.
- Results from a recent survey of Consumer Products executives covering their views, investment priorities, and assessed gaps for 2021.
- Deloitte’s thinking on how the industry begins to thrive as it emerges from COVID-19.
Meet the speaker
Barb is vice chairman and the US Consumer Products Leader, Deloitte LLP. She has more than 25 years of professional experience serving large multinational clients through a variety of leadership roles. Barb works directly with consumer and industrial product clients focusing on their regulatory environment, supply chain, technology and processes, and other issues and opportunities. She has also served in key leadership roles with Deloitte’s Women’s Initiatives and Junior Achievement.
Rich is a principal in Deloitte Consulting LLP where he serves as the leader of Deloitte's Strategy practice. Rich has significant experience in guiding clients through strategy-led transformation to achieve profitable growth. He routinely advises the boards, CEOs and executive teams of Consumer Product companies on topics spanning growth, business model innovation, operating models, capability building, analytics, and technology adoption. Rich is passionate about the relationship between brands, their retailer partners and the consumer. He researches and has written studies on disruptive consumer, retail and technology trends and next generation capabilities required to win in a digital economy. He partners with the faculty at Northwestern University's Kellogg School of Management on research and routinely lectures at leading business schools. He sits on the Grocery Manufacturers Association Sales Committee and frequently speaks at industry and professional conferences. Rich earned his undergraduate degree in engineering from Kettering University and his MBA from Columbia Business School. Rich resides in Chicago during in his personal time Rich enjoys wine, cooking, reading, travel, and is an enthusiastic fan of Chicago's professional sports teams (Go Cubs Go).Georgia.
Justin is the research leader for the consumer products sector within Deloitte’s Consumer Industry Center, Deloitte LLP. He also heads cross-sector research for the center, examining issues such as how the COVID-19 pandemic affects consumer behavior. With 20 years of experience in market research, management consulting, and technology, Justin asks challenging questions and helps clients understand how the world is changing. Justin earned a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania and an MBA from the MIT Sloan School of Management.