Mercer was last night announced in the prestigious list of 2015 BRW Top 50 Most Innovative Companies.
The annual list acknowledges companies that demonstrate innovation externally through the delivery of products and services, and internally by embedding innovation in people and processes.
Mercer’s naming on the list for the first time is reflective of two years of business transformation resulting in the roll-out of award-winning products and continuous service improvement.
Mercer SmartPath, a product that mitigates investment risk throughout the lifecycle of a superannuation fund, and a campaign to help Australians save fees by consolidating multiple superannuation funds, were integral to Mercer’s inclusion in the BRW top 50.
Equally, a program focusing on Mercer’s people (innovation network, business transformation office and innovation factory) and practices (deepening Six Sigma capability and the developing of an innovation index), underpinned an organisation-wide focus on innovation.
Ben Walsh, Mercer’s Managing Director and Pacific Market Leader, said, “We are immensely proud to be named alongside some of Australia’s most recognised companies.
“Our commitment is to the lives of everyday Australians and their companies and we are absolutely focused on creating value for them each and every day.
“Honours such as this are a reminder that we’re on the right track and provide the incentive for continuous improvement.
“As an example, the campaign mentioned in submission which saved members $100 a year in fees has now evolved into another game-changing innovation, Mercer Edge.”
Mercer Edge, developed by Mercer in response to the increasing competition and disruption in the super industry, is a new data-driven analytics, marketing and strategy platform that has the potential to change the shape of the industry by driving fund growth and shifting the dial on a fund’s relationship with its members.
A full list of the BRW Top 50 Most Innovative Companies can be seen here.
Mercer is a global consulting leader in health, wealth and careers. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s more than 20,000 employees are based in more than 40 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With 57,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @MercerAu