Category: Consulting News

AlixPartners Acquires Galt and Company to Form New Strategy Division

AlixPartners, the international business advisory firm, is expanding its service offerings by acquiring Galt and Company. AlixPartners has traditionally focused on work along the lines of corporate turnarounds, bankruptcy assignments, and restructuring, but this acquisition adds a strategy/transformation dynamic to the firm’s efforts. Let’s dig into the acquisition and what it means for both firms.…

CMA Strategy Consulting Acquired by EY-Parthenon

EY-Parthenon bought Boston-based CMA Strategy Consulting in a move to improve its strategy and transactions-focused offerings in the digital infrastructure and TMT consulting space. This move will help EY-Parthenon continue its growth through the pandemic and meet demand from companies looking for post-pandemic business strategy support. Let’s look into what this acquisition means for both…

Bain Expands “Bain Academy” with New Women Executive Program

Bain is rolling out a new 3-month program for female managers, starting in Asia, to help develop the next generation of women leaders. One goal of the program is to reduce the gender gap in management at the firm, especially in Asia-Pacific. Let’s dig a little deeper. What is the “Rising Women Leaders” Program? The…

PwC Australia Revamps Compensation Structure Amidst Talent Shortage

PwC Australia has launched a new initiative to retain top talent in the middle of a national talent shortage. Named “Total Reward Strategy,” the system makes 80% of staff eligible for bonuses. It is an attempt to counter the effects of a shortage of professionals in Australia by offering more attractive salaries to PwC consultants.…

LEK Consulting Opens Sustainability Center in London

In July 2021, L.E.K. Consulting launched the “Sustainability Centre of Excellence” in London. Why did LEK start the Sustainability Center and what does it mean for the company? We break it down below. LEK Consulting Investing in Sustainability with New Center in London LEK was established as an offshoot of Bain and Company in 1983…

Deloitte Report Details Human Capital Trends to Watch

There is no doubt that the workplace changed in remarkable ways in 2020 – across almost all industries and sectors. Each year, Deloitte releases a human capital trends report detailing what the firm expects to see in the workforce for the year ahead. What are this year’s human capital trends and why should you pay…

Porsche Consulting Appoints BCG Partner as CEO of North American Operations

Germany-based Porsche Consulting has appointed a former BCG Partner as the CEO of its North American operations. This appointment follows a good year for the boutique strategy and ops consultancy, a subsidiary of the world-famous sports car manufacturer. What does this mean for Porsche Consulting? Let’s find out. Who is the New Porsche Consulting CEO?…

Slalom Consulting Announces Significant Expansion in Texas

Slalom Consulting announced a big expansion in Texas with plans to add over 200 jobs in the state. The firm is expanding rapidly and recently added an office in Salt Lake City as well. Slalom, a $2.2B firm, already has offices in the major Texan cities of Austin, Dallas, Houston, and Fort Worth. For Slalom,…

ERM Consulting – a Pure-Play Sustainability Consultancy – Acquired

ERM Consulting is a pure-play sustainability consulting firm that has driven exponential organic and inorganic growth over the last decade. The firm recently sold a stake to renowned Private Equity group KKR. Sustainability consulting is and will continue to be a hot practice area for years to come, and KKR’s decision to invest ~$2.7B to…

PwC Creating 100K New Jobs and Betting Big on Tech and ESG

PwC announced that it will create 100K new jobs by 2026 and make a $12B investment to expand its tech (AI, machine learning, etc.) and ESG capabilities. PwC lags behind its Big 4 competitors in terms of revenue and this move is part of the strategy to bolster PwC revenue and give it a competitive…