L.E.K: Reshaping the Energy Industry
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L.E.K: Reshaping the Energy Industry

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Nilesh Dayal, Managing Director, L.E.KNilesh Dayal, Managing Director
Energy is necessary for economic production; therefore, the global economy depends on how we produce and utilize energy. Currently, the energy industry faces considerable challenges as global demand continues to place the world’s scarce natural resources under unrelenting pressure.

Founded in 1983, L.E.K. offers its expertise to several sectors including, business services, consumer products, education, energy and environment, financial services, healthcare services, industrials, life sciences and pharma, media and entertainment, MedTech, Private Equity, retail, technology, travel, and transport.

Employing more than 1,600 professionals across the Americas, Asia-Pacific, and Europe, L.E.K. has a track record of working with many global players across the entire power generation value chain, most of which have become its long-term partners. L.E.K.’s leaders and experts in the Energy consulting practice have the extensive industry and operational expertise required to help clients beat the competition. L.E.K. positions power generation equipment manufacturers as turnkey solution providers by advising them with strategic reviews of their businesses, including “make or buy” strategies, business model and value proposition definitions, competitor benchmarking, acquisition screenings, and go-to-market strategies.

For the oil and gas industry, L.E.K. offers its services to a diverse range of companies, including exploration and production companies, oilfield equipment original equipment manufacturers, oilfield service firms, and private equity investors. L.E.K.’s experienced professionals have a deep understanding of critical issues faced by oil and gas companies, such as the shifting purchasing priorities of oilfield service companies, evolving E&P supply chains, and how potential new regulations will affect unconventional drilling.

L.E.K. helps clients grow and invest successfully in the oil and gas sector by focusing on growth strategy development, M&A support services, post-merger integration, and market evaluation work.

An Asian O.E.M. approached L.E.K. to reposition itself as a turnkey player, moving beyond a pure product offering of boilers, S.T., and generators. L.E.K. performed an in-depth market analysis on several key market segments in order to identify market opportunities. We organized and ran several strategic workshops with client representatives in different countries. The final outcome was a detailed assessment of the five business areas within a global market scope, and a conclusion on strategic priorities, technical and commercial gaps to be addressed, and recommendations for an action plan going forward.

An Asian O.E.M. wanted to reposition itself as a turnkey player, moving beyond a pure product offering of boilers, S.T., and generators. L.E.K. performed an in-depth market analysis on several key market segments in order to identify market opportunities. The company organized and ran several strategic workshops with client representatives in different countries. The final outcome was a detailed assessment of the five business areas within a global market scope, and a conclusion on strategic priorities, technical and commercial gaps to be addressed, and recommendations for an action plan going forward.

The power generation business unit of a global leader specializing in tubular solutions for oil and gas extraction expected to face increasing market pressure due to a decrease in demand for new-build coal-fired power plants, which constitute its primary client base. On the flip side, L.E.K. was able to establish that the client was well-placed to exploit emerging opportunities in the power generation market, including the development of carbon capture and storage and other new technologies. The output gave the client a more precise picture of recent and expected developments in the coal-fired power generation market and enabled the client to better understand the role and development of biomass, C.C.S., regulatory drivers, and E.P.C.s/ design institutes in their key markets.

L.E.K. has been a long-term consulting partner for many of the world’s largest energy companies, helping them capitalize on opportunities while addressing complex legislative policy, technology, and economic issues. L.E.K. offers its experience gathered over decades of tackling major strategic issues in the energy sector to help to benefit from its Primary energy suppliers, O.E.M.s and utilities, among others.

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Top 10 Power Generation Consulting/Service Companies - 2020

Company
L.E.K

Headquarters
Boston, MA

Management
Nilesh Dayal, Managing Director

Description
L.E.K. has been a long-term consulting partner for many of the world’s largest energy companies, helping them capitalize on opportunities while addressing complex legislative policy, technology, and economic issues. L.E.K. offers its experience gathered over decades of tackling major strategic issues in the energy sector to help to benefit from its Primary energy suppliers, O.E.M.s and utilities, among others. Established in 1983, L.E.K. Consulting is a global management consulting firm that uses deep industry expertise and rigorous analysis to help business leaders achieve practical results with real impact