Manny Stul of Moose wins EY World Entrepreneur Of The Year 2016

13 June 2016 Consultancy.uk

Manny Stul, Chairman and co-CEO of Australian toy company Moose Enterprise, has been named ‘EY World Entrepreneur Of The Year’. Stul, who received the award on Saturday evening at an awards ceremony held in the mondain city of Monaco, was picked from among the 55 country winners from 50 countries vying for the title.

Since 1986 accounting and consulting giant EY organises the ‘Entrepreneur of the Year Awards’, a competition that encourages entrepreneurship. What started as a single award in Milwaukee, the United States, has today grown into one of the globe’s largest contests that recognises management and entrepreneurial excellence. The 2016 edition of the ‘Entrepreneur of the Year Awards’ was held in more than 60 countries, with all country winners invited to participate in the annual EY World Entrepreneur of the Year Award.

The global edition of the award ceremony took place this weekend in Monaco’s Salle des Etoiles, one of the most luxurious event locations in the Côte d'Azur, where an independent judging panel composed of several distinguished business leaders and previous award recipients reviewed the entries of all country winners. Australia’s Manny Stul came out on top as the competition’s winner, for the incredible transformation and business success he has achieved at the helm of Moose, a Melbourne-based toy company.

EY World Entrepreneur Of The Year 2016 in Monaco

Manny Stul
Stul’s first foray into the world of entrepreneurship was in 1974. The child of Polish refugee parents, Stul worked in construction in northwest Australia before starting his first business, a gift company called Skansen. Innovating and changing constantly to adapt to the market’s requirements, he expanded Skansen into one of the biggest gift companies in Australia and listed it on the Australian Stock Exchange in 1993. “I had no guidance from mentors and entered the business space with no experience,” he recalled. “Every decision and opportunity helped shape my skills and showed me in practical terms how to run a successful business.”

In 2000 he took over Moose, then an Australian toy company with 10 employees. In his 16 years running Moose, Stul increased sales by 7,200% and built a global business that is now the fourth largest toy company in Australia and, by sales, the sixth-largest in the US. Moose sells its toys, including the well-known Shopkins characters and Little Live Pets, in more than 80 countries.

During his reign, Stul however faced several difficult periods, including a large scale product recall in 2007 that had the potential to take the toy manufacturer into bankruptcy. “Everyone said it was impossible to survive the recall, yet we pulled through,” Stul stated. “Although faced with huge reputational and financial challenges, I refused to be distracted, and over a 12-week period negotiated agreements with local and international governments and trading partners, allowing the business to survive and thrive.”

Rebecca MacDonald, Chair of the World Entrepreneur Of The Year judging panel, says that Stul was awarded the prize not only due to his impressive growth, but also because the business he has nurtured has “shown sustained global success.” She adds: “All of our finalists were worthy winners and demonstrated so many qualities that we were looking for, however, it was Manny who impressed us most across our diverse judging criteria.”

Reflecting on the recognition, Stul says he is “honoured and delighted to receive this prestigious award”, for himself, Moose, the firm’s employees and Australia. “We are a company that succeeds by focusing on innovation with integrity and a clear purpose to make children happy. This has allowed us to grow exponentially, while overcoming huge challenges.”

Mark Weinberger, EY’s Global Chairman and CEO, remarks “Moose Enterprise has a very clear purpose at its heart that has guided the company’s outstanding growth. It’s the ability to combine this purpose with innovation, integrity, determination and grit that makes Manny a truly worthy EY World Entrepreneur Of The Year winner.”

Last year the EY World Entrepreneur Of The Year Award went to Syrian-origin Mohed Altrad, founder and CEO of Altrad Group.

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Six attractive professional services firms to work for in UK

23 April 2019 Consultancy.uk

Consulting firms dominate the 25 companies named by LinkedIn as the most attractive organisations to work for in Britain. JLL, Engie, CBRE, Atkins, Schroders and GE each made the grade, with the professional services sector putting in the strongest showing of any industry in the UK.

Each year, the editors and data scientists of social business platform LinkedIn examine which firms are the most attractive to job seekers, as well as which are the best at retaining their talent. Utilising information gathered from billions of actions taken by more than 433 million members, LinkedIn leverages a data-driven approach to consider what members are doing – not just saying – in their search for fulfilling careers. The result is the Top Companies list, an annual ranking of the most sought-after companies – now in its fifth year.

Each of the previous incarnations of the list has seen a strong showing from the UK consulting industry, with its contingent including McKinsey & Company, EYBoston Consultancy Group and Accenture in 2018. This year has seen the sector continue to see its stock rise, with the diversity of the sector’s workload buoying six professional services firms which were not on the previous ranking to prominence.

Analysing the anonymised actions of British-based LinkedIn members, the company determined which firms were the most attractive through four main pillars: interest in the company, engagement with the company’s employees, job demand and employee retention. As a result of this, real estate professional services firm JLL was found to be the most attractive consulting firm to LinkedIn members in the UK.

Six most attractive professional services firms to work for in UK

Ranked sixth in the overall list of companies, 2018 saw the commercial real estate services consultancy expand its London-based Ratings practice in anticipation of growing demand for real estate valuations in the UK. JLL, which boasts a global headcount of 82,000, holds UK locations in London, Norwich and Manchester, and the firm was recently named one of the world’s most ethical companies for the 12th year in a row by The Ethisphere Institute. 

Sitting 10th in LinkedIn’s ranking, Engie is a French multinational professional services firm, headquartered in La Défense, Courbevoie. While the firm primarily operates in utilities – specifically in the fields of electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum – its investment in cleaner tech has also seen it come to offer a host of engineering consulting services, including feasibility studies, engineering, project management and client support. The firm’s 19,000 UK staff work from offices in London, Leeds and Newcastle-upon-Tyne.

With a global headcount of 90,000, CBRE, which was ranked 13th by LinkedIn, is a real estate advisory firm, with UK offices in London, Birmingham and Glasgow. The firm oversaw the sale of a number of major locations over the course of 2018, including a key residential site in North Leigh, and an office belonging to the British Steel Pension Fund.

Atkins, which was listed 23rd, is a British professional services firm which was purchased by the SNC-Lavalin Group for £2.1 billion in 2017. With 7,300 employees in the UK, Atkins operates from locations in London, Bristol, Kingston-upon-Thames, and offers services in engineering, operations, programme and project management. Late in 2018, the firm was named one of the top employers in the UK for working mothers, receiving plaudits for its innovation in flexible working from Workingmums.co.uk.

Schroders, a global asset management firm with UK offices in London, Bromley, Chelmsford, ranked 24th. Asset management is a fast-expanding segment of consulting, and according to LinkedIn, 43% of the professional services firm’s staff have been at the company for at least six years, while nearly a third of UK roles were filled with internal candidates in 2017. Schroders boasts a global headcount of 4,600.

Finally, multifaceted professional services firm GE was ranked 25th. The engineering, operations, information technology and advisory firm has its hand in everything from energy to health care – where it was recently nominated for a prize at the 2019 Management Consultancies Association Awards. The long-standing conglomerate said 2019 is set to be a “reset year”, while it seeks to revamp its power-related businesses at the same time that it builds on strong growth within the aviation scene.

Other sectors

Elsewhere, the financial services industry saw a high level of representation in LinkedIn’s ranking. JP Morgan was listed in second place, while Barclays, Goldman Sachs and Aviva also made the grade. This represents a decline of one listing since 2018’s figures, perhaps reflecting the uncertainty surrounding the UK’s financial sector, amid the continued twists and turns of the Brexit saga.

Retail saw a slight rebound on its decimation in last year’s ranking. Having seemingly fallen out of favour in 2018, Sainsbury’s returned this year, sitting in third place. It was joined in the top 25 by fellow ‘Big Four’ supermarket Asda – though the news that some 60,000 Asda staff could be in line to lose their paid lunch breaks under new contracts could well see the company drop off the list in 2020. Marks & Spencer also made the list. The historically up-market supermarket now runs a work-placement programme called Marks & Start, which helps single parents, people with disabilities and the homeless to build careers within the company.

Healthcare and pharmaceuticals saw three entrants in the list too. Britain’s 50 fastest-growing privately-owned pharmaceutical companies have all increased sales by at least 10% in each of their last two financial years, facing down headwinds such as Brexit and NHS spending pressures to deliver rapid growth. GSK represented the pharmaceutical sector in fourth place, while Bupa and Johnson & Johnson stood for the healthcare and hospital industry in fifth and 16th respectively.

While the technology sector ultimately hosted the ranking’s top performer, Amazon, the only other sector incumbent was Google parent company Alphabet, in 19th. Salesforce and Dell Technologies, meanwhile, dropped off the ranking, having both been present in 2018.

The oil and energy sector’s representation is supplemented by hybrid firm Engie; however, the sector only fielded two pure-play members. BP, in eighth, and Shell, in 11th, have both spent time attempting to diversify in recent years, prompted by public image crises relating to the negative impact of fossil fuels on the planet, as well declining oil prices and the rising demand for renewable energy. These dynamics have, in turn, led to new skills coming into demand within the companies. 

Finally, the list was rounded off by singular representatives of five separate industries. Representing leisure in 12th was TUI, followed by food producer Associated British Foods (17th), building materials firm Travis Perkins (20th), telecommunications giant BT (21st) and utilities firm Centrica (22nd).