Parita Patel

My colleagues at Oliver Wyman Vector are dedicated to helping airlines, MROs, and OEMs enhance their operational efficiency through our comprehensive reliability management programs. Our expertise spans the entire lifecycle, from assessment and design to training and continuous improvement, ensuring our clients lower their cost per available seat-mile (CASM) effectively. Key Offerings: ➡️ Proactive Reliability Management: Tailored programs to optimize maintenance processes. ➡️ FAA Authorization Support: Guiding airlines through the complexities of Operations Specification (Op Spec) D074 for streamlined maintenance. ➡️ Expert Reporting & Analysis: Acting as a virtual reliability department or providing on-site support for data compilation, reliability reporting, and root cause analysis. ➡️ Comprehensive Training: In-depth training on reliability management, including program administration for MIS, SDR, and CASS. Our commitment to training ensures that your team is equipped with the knowledge and skills needed for sustained success in reliability management. Connect with our team to learn more: Stephanie Alcivar, Brian Fasano, and Tim McDonald. #Aviation #Airlines #AviationIndustry

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Working with the International Aerospace Women's Association (IAWA), our second Lift Off to Leadership report shares insights from a global survey of 250 industry leaders, highlighting the ongoing leadership challenges women face in aerospace and aviation. https://owy.mn/3PAnduY Key Takeaways: • Differing view of progress: Men and women perceive their career prospects and the industry's progress in diversity and inclusion differently, creating a gap that continues to hinder women's advancement and leadership development. • Challenging daily experience: Women face barriers such as implicit bias, negative career experiences, and male-focused cultural norms, making it essential to incorporate their voices and experiences in the development of workplace policies and gender-balance initiatives to create more inclusive environments. • Shift in what matters: Both men and women have increasingly emphasized the importance of flexible and remote working options compared to our 2021 survey as individuals demand greater work/life balance and seek careers aligned with their values. • Building a culture of advocacy: Women increasingly value sponsorship in achieving their career goals, with more survey respondents reporting support through sponsorship, mentoring, or coaching than in 2021; however, the number of leaders actively advocating for women as sponsors remains unchanged and must expand. • Recommendations: Our proposed initiatives would ensure aviation and aerospace retains the talent it needs to prepare for and mitigate the critical issues impacting the industry today and tomorrow.

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Commercial aerospace is navigating uncertain skies—fast. According to our latest Commercial Aerospace Insight Report, 51% of executives expect production to rise within six months—and 73% anticipate a major ramp-up by 2026. And growth isn’t just taking off—it’s accelerating: • AI-driven tools are fueling a 21% YoY revenue boost • Predictive maintenance is powering 14% growth in MRO by 2025 • Sustainability is gaining altitude, with Europe mandating 2% SAF blends by 2025 From smart tech to sustainable skies, the future of flight is being built now. Read the full report to see where the industry is headed. https://lnkd.in/dU2eD-Cp John H. Schmidt Jeff Wheless Jean Cabanes #AerospaceIndustry #MROInnovation #FutureOfAviation #Accenture

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Delighted to share the latest research I've authored with Brooke Weddle, Kevin Sachs, and Elizabeth Mygatt in collaboration with the Aerospace Industries Association on the state of talent within Aerospace and Defense. A&D companies are investing in reskilling, focusing on emerging skills. But despite efforts like this, 79% are still struggling to attract employees. Our new report shows us that - - The A&D workforce expanded to 2.21 million employees, reflecting a robust growth rate of 4.8% from 2022 to 2023. - 79% of companies struggle to attract candidates due to better compensation elsewhere. - Attrition rates remain high at nearly 15%. - Companies are investing in reskilling, focusing on emerging skills. To retain top talent, A&D companies need to offer competitive compensation, create a strong culture, and invest in continuous skill development. Learn more about the most effective ways for A&D companies to retain top talent today: https://lnkd.in/gpi5gGMh #TalentGap #PAS2025 #AerospaceandDefense

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Over the past three decades, I’ve had the opportunity to build and scale Global Capability Centers (GCCs) — from early-stage setups to large, multi-function global organizations. One pattern has become increasingly clear: The role of GCCs has fundamentally changed — but many organizations are still operating with an outdated playbook. In the early days, the focus was straightforward — cost, scale, and efficiency. Today, the expectations are very different. GCCs are now expected to: • Own critical capabilities • Drive transformation • Enable global growth • Act as strategic partners to the business However, scaling into this role is not automatic. What I’ve seen work in practice: → Investing in leadership depth early, not as an afterthought → Moving from process migration to capability building → Embedding strong governance with clear accountability → Aligning GCC priorities directly with business strategy The most successful GCCs are no longer defined by size — but by the value they create. In my experience, when this shift is done right, GCCs don’t just support the enterprise — they help shape it. Curious how others are navigating this transition.

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An interesting finding but not surprising if you think about the skills that an effective, premier consultant partner requires in today's Fortune 500/1000 landscape. You must have a deep industry or practice knowledge because it's more about real time strategy application, market understanding and implementation than pure thought leadership advisory, if it ever was. Top-tier roles have changed because business has changed in lasting fundamental ways. It's more dynamic, complex, global and interconnected, so market disruption is more frequent to learn from, and the pace and exposure across clients and sectors adds significant unique value. All this makes top-tier consultants more open, adaptable agile, engaging, flexible, resilient than typical traditional, more vertical CEOs. And being in the room at the table regularly if not daily is powerfully enriching. Consultants have a different view of the landscape. On top of that they enjoy powerful corporate relationships across clients and sectors that can open many doors. High quality consultants are in great positions to create value for themselves and others from relationships developed over many years. That seems to be the ideal state of play for corporate leadership today, quick, agile, immediate short term results, eyes have always looked up and out. Seems long term strategy has never been anything Wall Street ever cared about and it will be interesting to watch how they do over time. Thanks for the insights Heather Landy.

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Commercial aerospace is soaring again, led by Boeing's recovery and surging MRO demand. But supply chains remain fragile. Aerospace executives are prioritizing resilience over speed—investing in AI, digital twins, and supplier collaboration to build a more durable industry. Accenture's latest report, "Resilience in Flight," explores how leaders are driving growth that's both secure and sustainable. #aerospacedefense #aviation #supplychain https://accntu.re/43chNdH

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This week, as MIT celebrates its graduates and their bold ambitions for the future, it’s also laying the groundwork for a more resilient industrial base. The MIT Initiative for New Manufacturing (INM) is a sober, systems-level response to the real challenges facing industry: talent scarcity, geopolitical uncertainty, and technological disruption. Having worked in advanced manufacturing at ASML, I’ve seen firsthand the vision and persistence required to build the future. MIT’s approach, blending technology, workforce, and policy, is exactly the kind of thinking we need. I applaud MIT for leading with clarity and depth and demonstrating the long-view leadership we need!

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It's a challenging time to be a CEO; perhaps there is never an "easy" time. Paul Laudicina's article on what it takes to be successful during this uncertainty is a must read!

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As companies lean more heavily on technical expertise to fuel growth, the next big challenge is clear: how do we help technical professionals evolve into strategic, influential leaders? In this piece, Teal Reamer, Abby Curnow-Chavez, and Jeffrey Cass outline five key shifts technical experts must make to lead at the enterprise level—without losing what makes them great in the first place. They also share how we at Alvarez & Marsal equip these leaders to grow their influence while staying true to who they are. A must-read for anyone thinking about leadership development in today’s data-driven world. #LeadershipDevelopment #TechnicalLeadership #PeopleStrategy #AlvarezandMarsal

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For a median-size aerospace and defense company, the value at stake in closing the talent gap could be $300 million to $330 million a year. What actions should companies consider to fill this talent gap? In a new report I co-authored with Brooke Weddle, Kevin Sachs, and Yasi Akbari, and in partnership with the Aerospace Industries Association (AIA), we uncovered three areas where companies can tackle this challenge: 1. Reimagining how work is designed and executed 2. Equipping the existing talent pool with new skills 3. Incentivizing critical employees in meaningful ways By focusing on these strategies, companies can address the talent gap and achieve substantial financial benefits. Learn more here: https://lnkd.in/ebVWyGv8 #TalentGap #PAS2025

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The future of aerospace and defense leadership demands more than titles and tenure—it calls for Challenger Leaders who drive transformation, integrate AI responsibly, and embrace distributed, diverse ways of thinking. This new article by my colleague, Mercedes LeGrand, explores how organizations can break from tradition to thrive in an era of disruption. Check it out! https://lnkd.in/eZUPyUXi

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Ankit Agarwal steps in as Managing Director at Alvarez & Marsal. Known for hands-on execution and outcome-driven leadership, Ankit’s appointment signals continued demand for leaders who can work deep inside complex situations—where performance improvement, restructuring, and value creation need to happen fast and without noise. This move reflects a broader shift: organisations are prioritising operators who bring credibility in the trenches, not just strategy decks. #LeadershipMoves #ProfessionalServices #CXOAppointments #Transformation

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Experts finding themselves in the C-Suite and wondering how to navigate and make sense of their expertise in the context of leadership roles is something we work with regularly. Thanks to Abby Curnow-Chavez, Teal Reamer, and Jeffrey Cass for capturing some great insights here. Thanks also to Michael Weitzmann for helping produce this piece. #leadership #transition #expert #coaching #leadershiptransformation

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Tech Skills Get You In. Emotional Intelligence Gets You Ahead. Today’s most critical talent? Arguably, technology leaders. But technical expertise alone isn’t enough. Our TOP team at Alvarez & Marsal has developed a powerful guide to help unlock the full potential of technical leadership—with EQ at the core.

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“Having to invest in multiple drivetrains creates headaches all along the value chain,” Eric Zayer, senior partner at consultancy Bain & Co, told the FT’s Future of the Car summit last week. “Obviously that creates a lot of complexity and ultimately cost.” https://bit.ly/43WBmYd

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Such a great article by Cesare R. Mainardi on how to leverage AI to ensure organizations stay on a clear value creation path. https://lnkd.in/gGQqK8N3

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Manufacturing is at a turning point as disconnected systems, rising risk, and the push for intelligent operations expose critical capability gaps.​ Slalom’s 2026 Manufacturing Outlook highlights how forward-thinking companies are modernizing now to strengthen resilience and performance. https://lnkd.in/g8iubcj9​

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