Yakov and Partners - In the media

Businesses in Russia and other partner countries require creative solutions, but the practices used in classical consulting may not be suitable in uncertain conditions. “We have already reached a scale comparable to that of the top three local consultancies in China, although the market there is about seven times larger than the Russian one,” said Dmitry Plotnikov, Partner at Yakov and Partners. In the future, the company plans to become one of the world’s top 50, and then top 30 international consulting firms

The potential of Public Private Partnerships currently remains underutilized, in particular due to overregulation, special requirements for project preparation, and a cautious attitude on the part of business. However, successful implementation of infrastructure projects could create up to 400,000 jobs and improve the quality of life of 70-80 million people, says Yakov Sergienko

Covid has had a significant negative impact on the nervous and immune systems of many people who have contracted it. Many have reduced their physical and mental energy levels, as people focus more on their survival and physical well-being. This is explained by Yakov Sergienko, who also notes that people now work in a different environment due to the pandemic

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Fast-growing companies have a significant impact on the economy: they account for more than 50% of the total increase in employment or productivity in the economy. Despite global challenges, there are more of them in Russia. The phenomenon of the emergence of such companies can be observed in all sectors of the economy, but its development is hampered by a number of factors, as director of Yakov and Partners Egor Bespyatov and analyst Sevastian Bazarov note in the article

The most advanced forms of PPP, such as concessions, have become the basis for infrastructure development in many countries. Today, as the economy grows, the government sets ambitious infrastructure development goals that would be hard to attain without support from business. According to Yakov and Partners experts Gennady Masakov and Andrey Strogonov, this makes a further rise in PPP projects all the more likely

In Russia, Telegram plays the role of the leading channel for communication – the application is used by 85 million people per month. Telegram's audience has been at least doubling every other year since 2018. Given this pace, we can assume that by 2028 Telegram will hit the top 5 social media in the world, even under conservative scenarios, predicts Dmitry Plotnikov, a partner at Yakov and Partners

Even with the wide-spread development of tourism infrastructure that has taken place in recent years, the domestic tourism market still has enormous untapped potential for growth, as this country lags behind other large countries in terms of the number of domestic trips per citizen, says Elena Kuznetsova, director of the Yakov and Partners Institute for Economic Research

The global media industry is embracing AI technologies, already reaping tangible advantages. However, their Russian counterparts are lagging behind. This was shared by Dmitry Plotnikov, a partner at Yakov and Partners. To bridge this gap, it is crucial to incorporate AI technologies at every stage of media content creation. This will pave the way for reaching a broader audience, not only within Russia and in Russian, but also internationally

Europe is in a recession: Eurostat reported a 0.1% decline in GDP in the eurozone in the third quarter of 2023, and for some countries, this is the third consecutive quarter of decline. Despite the significant decoupling from the European economy, the recession in the EU may still have an impact on us, says Elena Kuznetsova, director of the Yakov and Partners Institute for Economic Research

Yakov and Partners analysts shared their vision of the trends that will define development in Russia and the rest of the world in the years leading up to 2035. The analysts have polled dozens of strategy planners at federal government agencies, regional governments, major corporations, and NGOs, eliciting the megatrends that will most likely shape Russia’s development going forward

Bank deposits and growth accounts took over from cash as the preferred type of savings, says Elena Kuznetsova, director of the Yakov and Partners Institute for Economic Research. These findings stand in contrast to the results of a similar study conducted 1.5 years ago. It is expected that older generations save more than younger generations. However, it is somewhat surprising that people with average income save the most, at 67%

“Job seekers in many professions name the hybrid format of work as an important factor guiding the choice of employer,” says Elena Kuznetsova. “It made it to the list of the top three most important factors.” Now, there is a "job seekers' market" because employers are finding it difficult to ignore the needs of their employees

“Financial resources are the main factor guiding the decision on having children among all the respondents regardless of their age, income, or place of residence,” points out Elena Kuznetsova. For respondents aged 18-19, the main factors included the quality of education (25%) and the opportunity to balance family life and career (25%). For surveyed residents of cities with populations over one million, excluding Moscow and St. Petersburg, safety of children was the second most significant factor (23%)

A survey has identified the major trends in the Russian labor market up to 2030. Attracting and retaining senior employees can be one of the most essential resources in industries and fields that are already experiencing a shortage of staff, said Elena Kuznetsova, director of the Yakov and Partners Institute for Economic Research

Yakov and Partners is one of the top consulting companies in Russia, headquartered in Moscow and with offices across the globe. The firm was formed by former McKinsey, Bain, and BCG consultants and partners and has quickly grown to be the largest strategy consulting firm in Russia. Yakov and Partners is known for supporting cross-country interactions between the BRICS countries through strategic consulting, operational improvements, change management, and digital transformation