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Roland Berger (company)

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Roland Berger Strategy Consultants
Company typePartnership
IndustryManagement consulting
Founded1967
HeadquartersMunich, Germany
50 offices in 36 countries
Key people
Prof. Roland Berger, Honorary Chairman
Charles-Edouard Bouée, CEO
ProductsManagement Consulting Services
RevenueUS$ 850 million (est. 2009)
Number of employees
2,400 employees
WebsiteRolandberger.com

Roland Berger Strategy Consultants is a global strategy consulting firm headquartered in Munich, with 50 offices in 36 countries. Roland Berger Strategy Consultants was founded in 1967 by Roland Berger. According to Vault.com, in 2011 the firm has established itself among the top three consulting firms in Europe,[1] behind McKinsey & Company and Bain & Company, and among the top four in the global strategy consulting market.[2][3][4] In 2009, the company's sales were c. USD 850 m with around 2,400 employees worldwide. The company is an independent partnership wholly owned by its approx. 220 partners.[5] In February 2015 8 new partners[6] and in June 2015 another 7 new partners were appointed.[7]

In June 2015 Roland Berger acquired the entire team from German consulting firm FMC Consultants GmbH to consolidate its leading position and broadening its extensive restructuring expertise permanently. [8]

Roland Berger operates as a generalist strategy consultancy[9] and advises the world's leading corporations, non-profit organizations and public institutions on management issues ranging from strategy development to performance improvement.[10] Roland Berger's business is organized into global functional and industry competence centers. Its practice areas include corporate development, marketing and sales, operations strategy, restructuring and corporate finance, and information management. Industry specialties include automotive, consumer goods and retail, energy and chemicals, engineered products and high-tech, financial services, information communications, pharmaceuticals and health care, public services and transportation.[11]

History

Roland Berger established the firm in 1967, after four years of working for Gennaro Boston Associati in Boston and Milan, Italy. At that time management consulting was a new profession in Germany, and generally centered on cost-cutting; Berger instead focused on marketing and strategy. Revenues doubled annually for the first three years, reaching DM 5.6 million in 1970. By 1987 the firm became the largest consultancy in Germany, with sales over DM 100 million.[12]

To finance overseas expansion, Berger then allowed Deutsche Bank to take a minority stake, rising to 75.1% in 1988. This proved a problem in the US, where the Federal Reserve Bank did not allow subsidiaries of commercial banks to practice consulting, so the managers bought back Deutsche Bank's shares in 1998 and 2000.[12]

In November 2010 the firm reached an advanced stage in talks to merge with Deloitte's consulting arm, but withdrew after the partners decided instead to invest more of their own resources.[13] In 2013 the partners requested the executive committee to consider "external options" and a possible sale - EY reportedly made an offer which was eventually rejected by the partners who wanted the company to stay independent.[14]

Organization

The organization is based on global Competence Centers along functional and industry lines. Roland Berger Strategy Consultants is known for its expertise in the fields of restructuring and marketing. Furthermore, the consultancy has a focus on the automobile industry and the capital goods sector.[10]

In North America, the company has established 4 offices in Chicago, Detroit, Boston and Montreal. The San Francisco office was closed in early 2004.

Offices

Roland Berger has 50 offices in 36 countries worldwide.[12]

Projects and initiatives

Since 2013 Roland Berger Strategy Consultants' pro bono engagement focuses on promoting education via the Roland Berger Foundation which was established in 2008 by the firm's Honorary Chairman Roland Berger and endowed with EUR 50 million: With its German scholarship program, the Foundation supports gifted children and young people from socially disadvantaged families. The program currently supports 500 individual pupils from 6 to 18 years across Germany.[15]

In 2006 the company founded Best of European Business Awards.[16] It sponsors the Counterparts initiative to support culture and education in Central and Eastern Europe.[17] and also supports the Young Global Leaders at the World Economic Forum.[18]

On 30 January 2012, the company said it was in the process of collecting €300 million from financial institutions and business intelligence agencies to set up an independent non-profit credit rating agency, which could provide its first country ratings by the end of the year.[19] On 19 April 2013 the effort was foundered after negotiations with a private European group of investors ended without agreement[20]

Executive committee

File:Charles-Edouard Bouée.jpg
Charles-Edouard Bouée - Chief Executive Officer

[21]

Supervisory board

File:Marcus Berret.jpg
Marcus Berret - Chairman of the Supervisory Board

[22] [23]

  • Denis Depoux - Deputy Chairman of the Supervisory Board
  • Wilfried Aulbur - Member of the Supervisory Board
  • Christian Fischer - Member of the Supervisory Board
  • Watson Liu - Member of the Supervisory Board

Company founder and honorary chairman

  • Roland Berger - Entrepreneur, philanthropist and founder of the firm, now honorary chairman

Publications

  • think:act, the brand aggregating the corporate publishing formats of Roland Berger (books, customer magazines, surveys and information brochures)

References

  1. ^ [1] [dead link]
  2. ^ [2] [dead link]
  3. ^ "Roland Berger Strategy Consultants|Company Profile". Vault.com. 2 July 2014. Retrieved 1 August 2015.
  4. ^ [3] [dead link]
  5. ^ "Roland Berger Company". Roland Berger. 15 July 2012. Retrieved 1 August 2015.
  6. ^ "Roland Berger welcomes eight new Partners" (in Template:De icon). Handelsblatt.com. 23 July 2015. Retrieved 1 August 2015.{{cite web}}: CS1 maint: unrecognized language (link)
  7. ^ "Strategy Consultants names 7 new Partners worldwide". Roland Berger. 30 November 2012. Retrieved 1 August 2015.
  8. ^ "Consultant-News.com – Latest News from the World of Consultancy". www.consultant-news.com. Retrieved 11 August 2015.
  9. ^ More bang for your buck, The Financial Times, 19 November 2007
  10. ^ a b Richter, Konstantin (17 August 1999). "German Consulting Guru Is Seeking a U.S. Audience". Wall Street Journal. Retrieved 22 November 2010.
  11. ^ "Roland Berger Strategy Consultants Asia|Company Profile". Vault.com. 11 April 2014. Retrieved 1 August 2015.
  12. ^ a b c http://www.rolandberger.com/company/locations/%5d "Company Profile, Information, Business Description, History, Background Information on Roland Berger & Partner GmbH". Referenceforbusiness.com. Retrieved 1 August 2015. {{cite web}}: Check |url= value (help) Cite error: The named reference "rfb" was defined multiple times with different content (see the help page).
  13. ^ Adam Jones (21 November 2010). "Berger drops Deloitte merger plans". Financial Times. Retrieved 22 November 2010.
  14. ^ "Roland Berger set to go it alone". Financial Times. 17 December 2013.
  15. ^ "Corporate Responsibility | Company". Roland Berger. 1 October 2014. Retrieved 1 August 2015.
  16. ^ "Welcome To". Best of European Business. Retrieved 1 August 2015.
  17. ^ "Counterparts". Counterparts. Retrieved 1 August 2015.
  18. ^ "Roland Berger unterstützt die Young Global Leaders - gesellschaftliches Engagement als verbindendes Element von Führungskräften weltweit". Trading-house.net. 31 March 2011. Retrieved 1 August 2015.
  19. ^ Eder, Florian (20 January 2012). "Bonitätswächter wehren sich gegen Staatseinmischung". Die Welt. Retrieved 20 January 2012.
  20. ^ "European Rating Agency Plan Founders on Lack of Financing". Bloomberg.
  21. ^ "Global executive committee | Company management | Company". Roland Berger. Retrieved 1 August 2015.
  22. ^ "Roland Berger Supervisory Board".
  23. ^ "Supervisory board appoints new chairman". Wallstreet-online.de. 28 June 2014. Retrieved 1 August 2015.
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