Frost & Sullivan’s Public Sector offers strategic advisory services to government and multilateral organizations around the world. Our consulting expertise includes areas such as developing industry roadmaps, formulating capability development policies, developing economic master plans, assessing and recommending measures to enhance labor productivity.
By leveraging on our diverse industry expertise, global presence, as well as experience working with public sector organizations around the world, we help our clients address the challenges they face. Through our knowledge of current and future global trends, we translate global opportunities to deliver economic value for our clients.
Public Sector Key 360° Issues
Innovation has become a significant focal area for governments worldwide, playing a key role in creating the necessary ecosystem to facilitate innovation
Efforts to boost labor productivity to enhance income levels, as well as to enhance competitiveness in a dynamic global economic improvement
Ensuring sustainability, reducing environmental impact and reducing greenhouse gas emissions are becoming key criteria for the government to evaluate any industry promotion scheme under the Green Growth paradigm
Public Sector Global Challenges
However, the government’s ability to continue to play a proactive role in the economy has been dented post financial crisis of 2008-2009 as several countries have struggled with huge fiscal deficits because of their stimulus plans. The aging population in most key economies together with rising healthcare costs has resulted in increased pressure on national budgets worldwide. Against this backdrop, governments are therefore focusing on improving its efficiency – externally and internally. Going forward, several governments are investing in certain key themes to promote the growth of their economies while ensuring the maximum value for money in order to tackle the following challenges.