Roland Berger Strategy Consultants
| Type | Partnership |
|---|---|
| Industry | Management consulting |
| Founded | 1967 |
| Headquarters | 49 offices in 35 countries |
| Key people | Prof. Roland Berger, Honorary Chairman Prof. Burkhard Schwenker, Chairman Dr. Martin C. Wittig, CEO |
| Products | Management Consulting Services |
| Revenue | US$ 850 million (est. 2009) |
| Employees | 2,500 consultants |
| Website | rolandberger.com |
Roland Berger Strategy Consultants is a global strategy consulting firm headquartered in Munich, with 49 offices in 35 countries.1 Roland Berger Strategy Consultants was founded in 1967 by Roland Berger. According to Vault.com, the firm has established itself among the top three consulting firms in Europe,2 behind McKinsey & Company and The Boston Consulting Group, and among the top five in the global strategy consulting market.345 In 2009, the company's sales were c. USD 850 m with around 2,500 employees worldwide. The company is an independent partnership wholly owned by its approx. 220 partners. 6In July 2011 18 new partners were appointed.7
Roland Berger operates as a generalist strategy consultancy8 and advises the world's leading corporations, non-profit organizations and public institutions on management issues ranging from strategy development to performance improvement.9 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.10
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History
Roland Berger established the firm in 1967, after four years of working for Boston Consulting Group. At that time management consulting was a new profession in Germany, and generally centred on cost-cutting; Berger instead focussed 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.11
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 practise consulting, so the 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 the partners decided instead to invest more of their own resources.12
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.9
In the USA, the company has established 3 offices in Chicago, Detroit and New York City. The former San Francisco office was closed in early 2004.
Competitors
Roland Berger Strategy Consultants' major competitors include McKinsey & Company, The Boston Consulting Group, Bain & Company, Booz & Company and A.T. Kearney. The firm also competes with specialist boutiques such as Monitor Group, L.E.K. Consulting, Oliver Wyman, OC&C Strategy Consultants and Simon-Kucher & Partners.
Offices
Roland Berger Strategy Consultants has 49 offices in 35 countries.11
Americas
Europe and Africa
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Middle East
Asia
Projects and initiatives
Roland Berger Strategy Consultants is Official Supplier for the BMW Oracle Racing team,13 a founding member of the Best of European Business Awards,14 and sponsor of the Counterparts initiative to support culture and education in Central and Eastern Europe.15 Roland Berger Strategy Consultants also supports the Young Global Leaders at the World Economic Forum.16
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 ratings agency, which could provide its first country ratings by the end of the year.17
Members of the Executive Committee
- Martin C. Wittig - Chief Executive Officer, former CFO
- Charles-Edouard Bouée - Member of the Executive Committee
Notable current and former employees
- Roland Berger - Entrepreneur, philanthropist and founder of the firm, now Honorary Chairman
- Torsten Oltmanns - Global Marketing Director
Publications
- think:act, the brand aggregating the corporate publishing formats of Roland Berger (books, customer magazines, surveys and information brochures)
References
- ^ Press release, Roland Berger Strategy Consultants, Januaray 30th 2012
- ^ Europe: Consulting Firms Rankings 2011,Vault Consulting 25 Europe
- ^ Firm Consulting Rankings 2010-11,Firm Consulting 2010
- ^ Vault's company profile,Vault
- ^ Asia: Consulting Firms Rankings 2011,Vault Consulting 25 Asia Pacific
- ^ [1],Roland Berger Strategy Consultants website
- ^ http://www.handelsblatt.com/unternehmen/handel-dienstleister/roland-berger-ernennt-18-neue-partner/4379082.html, handelsblatt.com Roland Berger appoints 18 new partners, 11th July 2011
- ^ More bang for your buck, Financial Times, 19 November 2007
- ^ a b Richter, Konstantin (August 17, 1999). "German Consulting Guru Is Seeking a U.S. Audience". Wall Street Journal. http://online.wsj.com/article/SB934828266833132488.html. Retrieved 2010-11-22.
- ^ Company profile,Vault Asia
- ^ a b c Roland Berger & Partner GmbH - Company Profile at referenceforbusiness.com
- ^ Adam Jones (2010-11-21). "Berger drops Deloitte merger plans". Financial Times. http://www.ft.com/cms/s/0/82cad99a-f59e-11df-99d6-00144feab49a.html#axzz162O5ZSzz. Retrieved 2010-11-22.
- ^ BMW ORACLE Racing Team Sailing Website Roland Berger Strategy Consultants website
- ^ Best of European Business Awards Roland Berger Strategy Consultants website
- ^ Counterparts - Culture and education in Central and Eastern Europe Roland Berger Strategy Consultants website
- ^ Roland Berger supports the Young Global Leaders - socio-poliical engagement as a connecting element of managers worldwide trading-house.net, 31. March 2011
- ^ Eder, Florian (2012-01-20). "Bonitätswächter wehren sich gegen Staatseinmischung". http://www.welt.de/wirtschaft/article13825083/Bonitaetswaechter-wehren-sich-gegen-Staatseinmischung.html. Retrieved 2012-01-20.
External links
- rolandberger.com, official website
- Roland Berger & Partner GmbH, company profile at ReferenceForBusiness.com
- website containing information of all publications of Roland Berger, Think: act