Consulting Leadership News: Roland Berger Strategy Consultants, Simon Kucher, Heidrick & Struggles, KPMG, PricewaterhouseCoopers, Ernst & Young, Capgemini, FTI Consulting, Charles River Associates, Aon Hewitt, Celerant, CACI, CSC and Booz Allen
Monadnock Research - 15 December 2011
Roland Berger opens offices in Jakarta, Dubai and Lagos; Appoints 26 new international Partners; Partners elect two new Supervisory Board Members. Simon-Kucher appoints 8 new Partners. FTI opens new office in Jakarta. Rebecca Szelc joins Charles River as a Vice President in Financial Accounting & Valuation practice. Linda Zimmerman joins Aon Hewitt as Senior Vice President and Global Marketing Leader. KPMG appoints Janet Davidson as Head of the Global Healthcare Center of Excellence. PricewaterhouseCoopers names Erik Hansen as Partner in Risk Assurance Services practice; Pamela F. Olson joins as Deputy Tax Leader and Leader of Washington National Tax Services practice. Capgemini Appoints Dee Burger as Telecom, Media and Entertainment Practice Sector Lead and Jean-Marc Steffann as Vice President. Navigant appoints Jim Vint Managing Director, and Kevin Blake and Kevin Byrne as Directors within the Technology Solutions practice; Karin Corfee as Managing Director in Energy Practice. Ernst & Young appoints Brendan LeBlanc as Executive Director in Americas Climate Change and Sustainability Services practice, and Chris Walker as Associate Director. Celerant appoints Neil Eurick as Vice President in Global Metals and Mining Practice. Mike Shove named COO CSC Managed Services; Andrew Anker appointed President, CSC Asia Group Operations; Chris DePippo named Vice President, Chief Ethics and Compliance Officer. Booz Allen Appoints Thad Allen as Senior Vice President. CACI US President, William Fairl, to Retire, Moves to Chief Development Officer Role; CACI COO, Daniel Allen, elevated to President of US Operations; Krisstie Kondrotis as Executive Vice President, Business Development. Booz Allen Appoints Thad Allen as Senior Vice President. (6,800 words) . . . More
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FTI Consulting Launches Energy Advisory Practice
Monadnock Research - 30 August 2010
MR - FTI Consulting has launched an Electricity Consulting Group within its Economic Consulting Practice. Two Charles River Associates executives joined FTI to lead the practice. The new group will provide strategic and tactical advisory services to both established and emerging businesses operating or investing in the electric power sector. (475 words) . . . More
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Consulting Client Insights: Vault Top 50 Consulting Firms
Monadnock Research (VIII N36) - 24 August 2010
Vault has just published its latest list of the top consulting firms, the "Vault 2011 Consulting 50." This year's ranking is not based strictly on the "prestige" factor, which is a ranking of perceptions by consultants of firms other than the one they work for. That listing is still published, but as a separate ranking. Vault's overall 2011 ranking weighs culture, work/life balance; compensation; prestige; business outlook; and transparency. While the Vault rankings might help firms with their college recruiting efforts, the utility for clients is limited. But taking a contrarian view provides some interesting perspective. This Research Note offers insights into what clients can learn from these rankings, and why high scores in some categories aren't necessarily good for your business or your project. The top 10 firms for the current ranking are: (1) Bain, (2) BCG, (3) McKinsey, (4) Analysis, (5) Cambridge Group, (6) Deloitte, (7) Oliver Wyman, (8) A.T. Kearney, (9) Triage, and (10) Censeo. (2,210 words) . . . More
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Consulting Leadership News: Hewitt, Deloitte, Heidrick & Struggles, CRAI, Diamond, FTI, ADL, PAREXEL, Bain, Segal, Sapient, Navigant, Pearl Meyer, RBF, Hill, NERA, EquaTerra, Ernst & Young, Mercer, KPMG, and Protivity
Monadnock Research - 18 June 2010
MR - Hewitt Associates appoints co-leaders of North American Executive Compensation Consulting practice. Deloitte appoints U.S. Retail practice leader and Vice Chair. Heidrick & Struggles continues its strategic diversification into complementary leadership consulting areas by naming two Principals within its Global Technology & Services Practice. Charles River Associates makes 8 senior level appointments in Transfer Pricing Practice. U.S. Federal practice leader re-joins Diamond after working as general manager of FCC National Broadband Plan. FTI Consulting appoints Senior Managing Director and Asia Pacific Leader. Arthur D. Little names Managing Director of ADL Spain and Director of ADL China. PAREXEL appoints two former regulators as Principal Consultants. Bain Private Equity Partner joins New York practice. Segal appoints new CIO. Sapient appoints chief information security officer. Navigant Consulting appoints Managing Director within Navigant Economics group; Managing Director in Global Construction practice. Pearl Meyer & Partners appoints two Managing Directors. RBF Consulting promotes eighteen new Associates. Hill appoints Vice President of Project Management Operations. NERA Economic Consulting appoints Special Consultant. EquaTerra appoints real estate and facilities management advisor to RE&FM Practice. Former IRS hedge fund enforcement executive joins Ernst & Young's Financial Services Office. Mercer appoints Principal in London Health & Benefits practice. KPMG will bring nearly 375 jobs to its office in Fairfax County Virginia. Protivity experiments with client environment simulations for 2010 summer intern training. (5,410 words) . . . More
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Consulting Leadership News: Bain, CRA, CSC, Oliver Wyman, HP, FTI, Everest, EquaTerra, Navigant Consulting, and Segal
Monadnock Research - 9 April 2010
MR - Bain & Company expands global partner group; Appoints 13 new partners from nine offices across North America, Europe, Africa and Asia-Pacific. Charles River Associates appoints five new vice presidents in its Antitrust & Competition Economics, Energy & Environment, Global Industrial Consulting, and Intellectual Property practices. CSC Names retired U.S. Air Force General as Vice President, Space and Aviation Services; Names President of Australian operations. HP appoints new leader of Enterprise Services group. FTI Consulting appoints Director General of Colombia's national intelligence and security agency as managing director to lead Forensic and Litigation Consulting Segment practice based in Columbia. Everest Group appoints Gartner Consulting founder as Senior Vice President; Two new Principals for its Americas and EMEA practices; and New leader for expanded Shared Services Practice. Oliver Wyman appoints former ADL Americas Managing Director as Partner in global Energy practice. EquaTerra names Managing Director to lead IT Consulting practice. The Segal Company names Vice President and Leader of the firm's Midwestern U.S. Communications Practice. (4,820 words) . . . More
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CRA Expands Middle East Operation with Office in Saudi Arabia
Monadnock Research - 6 April 2010
MR - Charles River Associates has expanded its presence in the Middle East with the opening of an office in Riyadh, Saudi Arabia. The new Riyadh office combines with an office in Bahrain that opened in 2005 to serve clients in the region. CRA's local management team, led by Vice President Robert Young, is comprised of consultants from the Global Industrial Consulting (GIC) and Energy & Environment Practices. (520 words) . . . More
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CRA Utilization Dips to 60 Percent; Plans Cuts in Staff and Office Space
Monadnock Research - 18 March 2010
MR - Charles River Associates (CRA) had lower than anticipated revenue and profitability in its first quarter of fiscal 2010, and is planning further cost-cutting measures to better align expenses with revenues. GAAP Revenue dropped by 11 percent over the same period last year, with income down 50 percent. Consultant utilization has dropped to 60 percent. CRA plans additional cuts in workforce and office space, and will take a charge in the upcoming period of between $4.9m and $5.5m. (655 words) . . . More
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Marakon Associates Acquired by CRA International
Monadnock Research (VII N31) - 10 June 2009
CRA International has acquired substantially all of the assets of Marakon Associates, a leading strategy consulting firm known for its value-based approach to management consulting. Acquired in the transaction are Marakon's practice IP, receivables, and all in-process client projects. Approximately 50 of Marakon's consultants will join CRA, including nine key principals who will join as vice presidents. (subscription required) . . . More
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Consulting Leadership News: Huron, Bain, PwC, TCS, Capgemini, KPMG, CRA, Aon, PRTM, Celerant, ACS, and BDO Seidman
Monadnock Research - 4 June 2009
Huron Consulting Group appoints President and COO. Bain & Company appoints leader of North American healthcare practice. PricewaterhouseCoopers appoints Chief Innovation Officer. Tata Consultancy Services COO to become CEO. Capgemini appoints Group HR Director and member of the Group Management Board. KPMG appoints new director to head up restructuring real estate specialist team; Names two new Partners and one Director to the UK restructuring group; CRA International names three vice presidents. Aon Consulting names senior Vice President of National Retirement Innovation and Sales. Executive returns to PRTM as VP in Global Public Sector business following White House Appointment. Celerant Consulting appoints two new chemicals sector Vice Presidents. Affiliated Computer Services names chief operating officers of commercial and government operations. Former BDO Seidman Vice Chairman pleads guilty to federal fraud charges. (subscription required) . . . More
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Consulting Leadership News: Deloitte, Heidrick & Struggles, Capgemini, Celerant, A&M, Hewitt, CRAI, Ernst & Young, and Satyam
Monadnock Research - 2 April 2009
Deloitte appoints Deputy Managing Partner with responsibility for Professional Practice Network. Heidrick & Struggles names Vice Chairman and Managing Partner of newly combined global CEO and Board practices. Capgemini names eight VPs. Hitachi Consulting appoints President and CEO. Celerant names senior vice president of strategy. Alvarez & Marsal makes executive appointments and expands pan-European financial institutions team. Global Health Management consulting leader rejoins Hewitt. E&Y to cut compensation of Irish staff by 7.5 percent. Satyam may have lost close to 25 percent of staff since January. (subscription required) . . . More
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CRA to Exit Consulting Practices and Close Offices
(31 October 2008) CRA International (CRA) will reduce its consulting staff, and will close the firm's Capital Projects and Legal Business Consulting practices. The firm will also close offices in Austin and Dallas, Texas, and Melbourne, Australia. . . . More
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Consulting Client Insights: Accenture, Lilly, PwC, CRA, Booz & Co., Ernst & Young, World Bank, Monitor, and McKinsey
(26 September 2008) Accenture announces exceptional results for the quarter and fiscal 2008 - its highest-ever annual revenues, earnings per share, bookings, operating income, and cash flow. How is Accenture succeeding in difficult economic times, and why is this good for clients? Lilly takes preemptive step toward disclosure of fees paid to consulting physicians to improve transparency. CRA announces weak financial and operating results. PricewaterhouseCoopers announces carbon emission reduction targets. Ernst & Young LLP nurtures campus recruiting efforts with large strategic donations. Growing risk to consultants working in developing and politically unstable nations. McKinsey Quarterly article says that 60 percent of professional services firms see employment either staying the same or decreasing over the next 6 months; cuts within 80 percent of investment bank fixed costs, including management and IT consulting, would have little or no impact on staff morale and corporate culture. Monitor cuts close to 20 percent of workforce. Booz & Co. CEO sees slow second half of 2008. . . . More
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Executive Appointments at E&Y, Kroll, BCG, Fidelity Consulting, PRTM, Deloitte, CRAI, Huron, Aon Consulting, Axiom, MAXIMUS, ACS, and Alvarez & Marsal
Monadnock Research - 9 July 2008
MR - Ernst & Young has named Howard Roth as the organization's new Global and Americas Director of the firm's 5,000 member Real Estate practice; Jules B. Kroll, the founder of Kroll, will retire from the Marsh & McLennan Companies this month; R. Corey Booth, will be leaving his position as CIO of the SEC to join the Boston Consulting Group as a leader within its financial services practice; Jeffery Gruen, M.D. has joined PRTM Management Consultants as a director and co-head of the firm's healthcare practice; Former Starbucks Senior VP of manufacturing and operations, Rich Soderberg, has joined Alvarez & Marsal's business consulting practice as a senior director; Linda E. Amuso has been appointed president of Aon Consulting's Radford Surveys + Consulting; and Fidelity Investments has named Bob Lucido as a Senior VP within its consulting services group to launch an HR strategy practice. . . . More
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