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Roland Berger (company)

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Roland Berger Holding GmbH
Company typePartnership
IndustryManagement consulting
Founded1967; 57 years ago (1967)
HeadquartersMunich, Germany
50 offices in 36 countries
Key people
• Roland Berger, Honorary Chairman
• Stefan Schaible, Global Managing Director
• Marcus Berret,
Chairman of the Supervisory Board
RevenueUS$ 670 million (2018)
Number of employees
2,400 consultants
Websitewww.rolandberger.com

Roland Berger is a global strategy consulting firm headquartered in Munich, with 50 offices in 36 countries. The company was founded under the name Roland Berger Strategy Consultants in 1967 by Roland Berger.[1] In 2011, the company's sales were roughly US$1.2 billion.[2] The company, with around 2,400 employees worldwide, is an independent partnership wholly owned by its approximately 220 partners.[3][4] Since 2018 Roland Berger is growing again after failed merger talks with Deloitte. The company reported $670M in revenues in 2018, approximately 60% of the pre-merger talk revenues but 13% from the year prior. Roland Berger is one of the world's seven largest strategy consulting firms.[5][6][7][8][9] The firm operates as a generalist strategy consultancy[10] and advises clients on management issues ranging from strategy development to performance improvement. Roland Berger also advises in the fields of restructuring and marketing, with a focus on the Automobile Industry and the capital goods sector.[1]

History

Company founder Roland Berger established the firm in 1967, after four years of working for Gennaro Boston Associati in Boston, USA, and Milan, Italy. By 1987 the firm became the largest consultancy in Germany, with sales over DM 100 million.[11]

To finance overseas expansion, Berger then allowed Deutsche Bank to take a minority stake, rising to 75.1% in 1988. This proved to be a problem in the United States, where the Federal Reserve Bank did not allow subsidiaries of commercial banks to practise consulting, so the company's managers bought back Deutsche Bank's shares in 1998 and 2000.[11]

In November 2010, the firm reached an advanced stage in talks to merge with Deloitte's consulting arm, but withdrew after Roland Berger's partners decided instead to invest more of their own resources.[12] In 2013 the partners requested the executive committee to consider "external options" and a possible sale — Ernst & Young reportedly made an offer which was eventually rejected by the partner group.[13][14] In June 2015, Roland Berger acquired the entire team from German consulting firm FMC Consultants GmbH.[15]

In 2013-2014, Roland Berger supported the Myanmar government in some economic reforms, such as the telecom sector liberalization and the opening up of the banking sector.[16]

The company announced a rebranding of its business in September 2015, introducing a logo it describes as a "titanium B" combined with the lettering "Roland Berger", dropping "Strategy Consultants" from the company name.[17][18]

In September 2019, Roland Berger acquired Enovation Partners, a consulting specialised in energy, oil & gas and utilities.[19]

Organization

Corporate organization is based on global offices, referred to as "competence centers", along functional and industry lines.

Roland Berger has a total of 50 offices in 36 countries around the world.[20][21] [20]

Services and clientele

Roland Berger provides restructuring and marketing advice, but its practice areas also include corporate development, corporate finance, information management, operations strategy, performance improvement, and strategy development. While its clientele is largely in the automobile industry and the capital goods sector, other industry specialties include energy and chemicals, engineered products and high-tech, financial services, information communications, pharmaceuticals and health care, public services, and transportation.[22][23]

Roland Berger clients include corporations, non-profit organizations and public institutions.[1]

Projects and initiatives

Since 2013, Roland Berger's pro bono engagement has focused 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.[24] With its German scholarship program, the Foundation supports gifted children and young people from socially disadvantaged families. As of 2014, the program supports 500 individual pupils aged 6 to 18 years across Germany.[25][non-primary source needed]

In 2006, the company founded the Best of European Business Awards.[26] It sponsors the Counterparts initiative to support culture and education in Central and Eastern Europe,[27][non-primary source needed] and also supports the Young Global Leaders program of the non-profit World Economic Forum.[28] The firm has also been a supporter of Focus: HOPE, a non-profit organization aiming to overcome racism and poverty through education, which is based in Detroit where Roland Berger has one of its U.S. offices.[24]

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, to be called the European Rating Agency, which could provide its first country ratings by the end of the year.[29] On 19 April 2013, the ERA effort failed after negotiations with a private European group of investors ended without agreement.[30]

Key people

Publications

think: act is the brand aggregating the corporate publishing formats of Roland Berger, which include books, brochures, magazines and surveys. think:act magazine is put out three times per year, with editions in Chinese, English and German. Through its academic imprints, Roland Berger has published over 40 books.[24]

References

  1. ^ a b c Richter, Konstantin (17 August 1999). "German Consulting Guru Is Seeking a U.S. Audience". Wall Street Journal. Retrieved 22 November 2010.
  2. ^ Gapper, John (28 August 2013). "The strategy consultants in search of a strategy". Financial Times. ISSN 0307-1766. Retrieved 27 September 2015.
  3. ^ "Who we are". Roland Berger. Retrieved 28 August 2015.
  4. ^ "History of Roland Berger & Partner GmbH – FundingUniverse". www.fundinguniverse.com. Retrieved 27 April 2016.
  5. ^ https://www.consultancy.eu/news/1620/bain-mckinsey-oliver-wyman-and-roland-berger-add-french-partners
  6. ^ https://www.consultancy.asia/news/1442/the-top-15-strategy-consulting-firms-in-asia-and-asia-pacific
  7. ^ https://managementconsulted.com/consulting-firm/roland-berger-strategy-consultants/
  8. ^ https://www.vault.com/company-profiles/management-strategy/roland-berger
  9. ^ https://www.vault.com/best-companies-to-work-for/consulting/vault-top-european-consulting-25
  10. ^ "More bang for your buck", The Financial Times, 19 November 2007
  11. ^ a b "Roland Berger & Partner GmbH — Company Profile, Information, Business Description, History, Background Information on Roland Berger & Partner GmbH". Referenceforbusiness.com. Retrieved 1 August 2015.
  12. ^ Adam Jones (21 November 2010). "Berger drops Deloitte merger plans". Financial Times. Retrieved 22 November 2010.
  13. ^ "Charles-Edouard Bouée must restructure Roland Berger to ensure its independence". FirmsConsulting.com. Retrieved 3 October 2015.
  14. ^ "Roland Berger set to go it alone". Financial Times. 17 December 2013.
  15. ^ "Latest News from the World of Consultancy". www.consultant-news.com. Retrieved 28 August 2015.
  16. ^ https://www.ft.com/content/befaee5a-22cc-33e3-a8d3-84ce27742dc3
  17. ^ "Roland Berger rebranded: 'titanium B' with the "Roland Berger" lettering". Business Intelligence Middle East. 9 September 2015. Retrieved 26 September 2015.
  18. ^ Berger, Roland. "Roland Berger Rebranded: "titanium B" With the "Roland Berger" Lettering Highlights the Company's Strategic Realignment Beyond Traditional Strategy Consulting". www.prnewswire.com. Retrieved 27 April 2016.
  19. ^ "Roland Berger beefs up in US with Enovation Partners". www.consultancy.eu. 13 September 2019. Retrieved 1 April 2020.
  20. ^ a b "Company". Roland Berger. Retrieved 1 August 2015.
  21. ^ "Locations". Roland Berger. Retrieved 27 September 2015.
  22. ^ "Expertise". www.rolandberger.com. Retrieved 26 September 2015.
  23. ^ "Roland Berger partners with Startup Lisboa". www.consultancy.uk. Retrieved 27 April 2016.
  24. ^ a b c Vault Guide to the Top 50 Management and Strategy Consulting Firms (2014 ed.). Vault. 2013. ISBN 978-1581319033. Retrieved 3 October 2015.
  25. ^ "Corporate Responsibility | Company". Roland Berger. 1 October 2014. Retrieved 1 August 2015.
  26. ^ "Welcome To". Best of European Business. Retrieved 1 August 2015.
  27. ^ "Counterparts". Counterparts. Retrieved 1 August 2015.
  28. ^ "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.
  29. ^ Eder, Florian (20 January 2012). "Bonitätswächter wehren sich gegen Staatseinmischung". Die Welt. Retrieved 20 January 2012.
  30. ^ "European Rating Agency Plan Founders on Lack of Financing". Bloomberg.
  31. ^ "Global executive committee | Company management | Company". Roland Berger. Retrieved 1 August 2015.
  32. ^ "Roland Berger Strategy Consultants: Charles-Edouard Bouée Elected New CEO". Wallstreet-online.de. 28 June 2014. Retrieved 1 August 2015.
  33. ^ "Supervisory Board". Roland Berger. Retrieved 25 August 2015.
  34. ^ "Supervisory Board of Roland Berger Strategy Consultants appoints new Chairman". Roland Berger. 8 July 2015. Retrieved 25 August 2015.
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